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Lark Funding

Forex, Crypto, Commodities, Indices

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CA

2023

CEO: Matt L.

10% Off + Upto 400 Trust Points

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Trading Platforms:
cTrader

cTrader

DXTrade

DXTrade

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Wire Transfer/ Bank Transfer

Wire Transfer/ Bank Transfer

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Crypto

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Credit/Debit Card

Credit/Debit Card

Crypto

Crypto

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ThinkMarkets

ThinkMarkets

Eightcap

Eightcap

Lark Funding 1-Stage Evaluation Explained!!

Lark Funding 1-Stage Evaluation Explained!!
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Lark Funding 1-Stage Evaluation Explained!!

Lark Funding’s 1-Stage Evaluation is designed to make it easier for traders to prove their skills. The idea is simple: you meet specific criteria in one stage.

8/24/2024

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Lark Funding 1-Stage Evaluation Explained!!

8/24/2024

Lark Funding’s 1-Stage Evaluation is designed to make it easier for traders to prove their skills. The idea is simple: you meet specific criteria in one stage, and if you succeed, you get a funded account. This approach is perfect for traders who prefer a simple and straightforward path to securing funding. In this guide, we’ll break down everything you need to know about Lark Funding’s 1-Stage Evaluation, including profit goals, risk limits, trading rules, and more.

Profit Target :-

In Lark Funding's 1-Stage Evaluation, your goal is to reach a 10% profit on your account. This means that if you start with a $50,000 account, you need to make $5,000 in profit to pass the evaluation. Once you hit that 10% profit target, you’ve successfully completed the challenge and qualify for funding.

Daily Drawdown :-

Risk management is key in trading, and Lark Funding ensures this with a daily drawdown limit of 5%. This means you can’t lose more than 5% of your account balance in a single day. The daily drawdown is based on your account balance at the end of the day, specifically at 5 PM EST. For example, if you start the day with $50,000 and your account drops to $47,500 by 5 PM, you've reached the daily drawdown limit. This rule is in place to help you manage risk and prevent large losses in one day.

Max Drawdown :-

Along with the daily drawdown, there’s also a maximum drawdown limit set at 6% of your initial balance. This is a static limit, meaning it doesn’t change, even if you’ve made some profits. So, if you start with $50,000, your maximum drawdown is $3,000. If your account falls to $47,000 at any time, the evaluation will end. The max drawdown is there to ensure you stay within safe risk limits throughout the evaluation.

Trading Days :-

One of the best things about Lark Funding’s 1-Stage Evaluation is that there’s no pressure when it comes to the number of trading days. There’s no minimum or maximum number of days required to complete the challenge. You can take as long as you need to reach the 10% profit target. This flexibility allows you to trade at your own pace, whether you prefer quick trades or a more patient, long-term approach.

Profit Share :-

After you pass the evaluation, you’ll get a funded account with a profit share. Lark Funding offers an 80% profit share, which means you keep 80% of the profits you make. And if you perform well, this share can go up to 90%. This means more of the money you earn stays in your pocket, making it a great deal for successful traders.

Payout Frequency :-

Once you’ve got your funded account, you’ll receive your first payout 30 days later. After that, you can withdraw your profits every 14 days. This regular payout schedule ensures that you can access your earnings frequently, providing a steady income if you continue to trade successfully.

Leverage Options :-

Leverage is a tool that can help you maximize your trades, and Lark Funding offers some flexible options. By default, Forex and Metals accounts come with 15:1 leverage, Indices have 10:1 leverage, and Cryptocurrencies have 2:1 leverage. If you want higher leverage, you can double it to 30:1 on Forex and Metals by paying an extra 25% of the challenge fee. This option lets you adjust the risk and potential returns based on your trading style.

News Trading :-

Lark Funding gives you the freedom to trade during news events without any restrictions. Lark Funding allows you to take advantage of these market movements if your strategy is built for it.

Holding Trades Overnight :-

In the 1-Stage Evaluation, you’re allowed to hold trades overnight. This is a big plus for traders who have strategies that involve holding positions for more than one day, or who need to leave trades open to capitalize on market trends.

Weekend Holding :-

While holding trades overnight is allowed, Lark Funding generally doesn’t allow holding trades over the weekend. However, if you prefer to keep trades open during the weekend, you can do so by purchasing an additional add-on. This small fee gives you the option to maintain your positions over the weekend, adding more flexibility to your trading.

Add-Ons :-

Lark Funding offers a couple of add-ons to make your trading experience more suited to your needs. You can choose to:

Double the Leverage: Increase your leverage to 30:1 for Forex and Metals by paying an additional 25% of the challenge fee.

Weekend Holding: Pay a small fee to hold trades over the weekend.

These add-ons allow you to adjust your trading conditions to better fit your strategy, giving you more control over how you approach the evaluation.

Account Sizes :-

Lark Funding’s 1-Stage Evaluation offers various account sizes, so you can pick the one that best fits your trading style and goals. You can choose from accounts with balances of $5,000, $10,000, $25,000, $50,000, $100,000, or $200,000. Whether you’re comfortable with a smaller account or prefer to manage a larger balance, there’s an option that’s right for you.

Conclusion

Lark Funding’s 1-Stage Evaluation offers a clear, flexible, and rewarding way to secure a funded trading account. With a single profit target, reasonable risk limits, and no rush to complete the challenge, this evaluation is designed to accommodate all types of traders. Whether you’re an experienced trader looking for more capital or someone new to prop trading, Lark Funding gives you a simple and straightforward way to prove your skills and get funded.

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