In today’s fast-paced trading world, finding a trustworthy and flexible trading firm is key. Lark Funding, a company based in Canada, has quickly made a name for itself by offering unique evaluation programs that suit traders of all levels. Whether you’re just starting out or you’re an experienced trader, Lark Funding has something to offer that can help you succeed.

About Lark Funding

Lark Funding was founded in June 2022 with a clear mission: to change the way prop trading works. Led by CEO Matt L, the company is based in Montréal, Quebec, Canada, and operates from 3 Place Ville-Marie, Montréal, QC H3B 4W8. Since it started, Lark Funding has focused on creating a transparent, flexible, and innovative trading environment where traders can thrive.

Lark Funding's Evaluation Programs

Lark Funding offers three different evaluation programs to match different trading styles and experience levels. These programs are called the 1-Step, 2-Step, and 3-Step Evaluations. Each one is designed to test your ability to manage risk, reach profit targets, and handle various market situations.

1-Step Evaluation Program

The 1-Step Evaluation Program is great for traders who are confident they can hit specific profit targets without going through multiple phases. The profit target is set at 10%, with a maximum drawdown limit of 6% and a daily drawdown limit of 5%. The program offers a performance split of 80%, which can be increased to 90%, and simulated leverage of 1:15, which can also be upgraded. You can choose from account sizes ranging from $5,000 to $200,000. There’s no time limit, so you can take as long as you need to meet your goal.

2-Step Evaluation Program

The 2-Step Evaluation Program is more gradual and allows you to prove your consistency over time. In Phase 1, you need to reach an 8% profit target, and in Phase 2, the target is 5%. The program allows for a maximum drawdown of 10% and a daily drawdown of 5%. The performance split starts at 80%, with the option to increase it to 90%. Simulated leverage starts at 1:25 but can be doubled to 1:50. Account sizes range from $5,000 to $200,000. Like the 1-Step program, there’s no time limit, giving you the freedom to work at your own pace.

3-Step Evaluation Program

The 3-Step Evaluation Program is the most thorough option, designed for traders who are good at consistent, disciplined trading over time. In Phase 1, you need to achieve a 5% profit target. In Phase 2, the target drops to 4%, and in Phase 3, it’s 3%. The maximum drawdown allowed is 5%, and there’s no daily drawdown limit. The performance split is 80% but can go up to 90%, and the simulated leverage is 1:15, with an option to double it. This program also offers account sizes from $5,000 to $200,000 and, like the others, has no time limit.

Flexibility and Customization in Programs

One of the best things about Lark Funding is the flexibility it gives traders. There are no time limits, so you can take as long as you need to hit your profit targets. The Pass-Assist feature is also a big plus. It helps you avoid having to close trades early just to meet evaluation goals—the system will automatically pass you when you hit the target.

You can also customize your experience by upgrading your leverage and performance splits during checkout. This means you can tailor the program to fit your specific needs and trading style.

Payout System at Lark Funding

Lark Funding’s payout system is simple and transparent. The standard payout split is 80% for you and 20% for the firm, but you can choose to increase it to 90% during checkout. Payouts are processed quickly—usually within 6 hours—and can be received through services like Wise or Riseworks. If you’re in the 3-Step Program, you can even get paid out weekly, while those in the 1-Step and 2-Step Programs can get paid every 14 days.

Lark Funding's Risk Management Features

Lark Funding has strong risk management features that help protect your earnings. The Gain Protector feature, for example, allows you to still get paid even if you breach the daily drawdown limit, as long as there are gains in your account. This is a unique feature that makes Lark Funding stand out from other firms.

Transparency and Support

Transparency is a big deal at Lark Funding. The firm takes pride in its 100% payout record and clear communication with traders. If you ever need help, Lark Funding offers 24/7 support with real people who are ready to assist you.

Platform and Trading Options

Lark Funding supports trading on two platform which are cTrader and DXTrade platform which integrates with TradingView, a popular charting and analysis tool. The firm allows trading across a wide range of financial products, including currency pairs, indices, metals, equity shares, and cryptocurrencies.

Trading Strategies and Restrictions

To keep things fair, Lark Funding doesn’t allow certain trading strategies, such as High-Frequency Trading (HFT) and Martingale. These strategies are considered too risky and could lead to market manipulation. The company expects traders to use sound risk management practices and to avoid putting all their capital into one trade.

Additional Features and Benefits

Lark Funding offers several extra features that make trading more convenient. You can trade over the weekend if you choose that option during checkout, and you’re allowed to use Expert Advisors (EAs), as long as they’re not designed for HFT or arbitrage trading. The firm also lets you customize your challenges by upgrading your leverage, performance splits, and more when you sign up.

Conclusion

Lark Funding has quickly become a leading trading firm by offering flexible, transparent, and innovative programs. Whether you’re new to trading or have years of experience, Lark Funding provides the tools and support you need to succeed. With no time limits, customizable options, and a strong focus on transparency, Lark Funding is an excellent choice for traders who want to take control of their trading journey.