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Overview of Lark Funding Prop Firm

TheTrustedProp
Date: May 11, 2024

In the fast-paced world of trading, finding the right platform can make all the difference in your journey to financial success. One platform that has been making waves in the trading industry is Lark Funding. In this article, we will take an in-depth look at Lark Funding, its company details, evaluation programs, and what sets it apart from the rest.

Company Details

Name: Lark Funding 

Legal Name: Lark Funding Inc. 

CEO: Matt L 

Founded: June 2022 

Registered in: UK

Evaluation Details

Lark Funding offers three distinct evaluation programs, each tailored to meet the needs of different traders. Let's explore each of these programs in detail:

1-Stage Evaluation

Max Drawdown: 6% Daily Drawdown: 5% Account Gain Target: 10% Min/Max Time: No Limit Performance Split: 75% (up to 90%) Leverage: 1:10 (Upgrade Available Upon Checkout)

Account Sizes: $5000, $10000, $25000, $50000, $100000, $200000.

2-Stage Evaluation

Max Trailing Drawdown: 10% Daily Drawdown: 5% Phase-1 Account Gain Target: 8% Phase-2 Account Gain Target: 5% Min/Max Time: No Limit Performance Split: 75% (up to 90%) Leverage: 25:1 (up to 50:1)

Account Sizes: $5000, $10000, $25000, $50000, $100000, $200000.

3-Stage Evaluation

Max Static Drawdown: 5% Daily Drawdown: No Daily Drawdown Phase-1 Account Gain Target: 5% Phase-2 Account Gain Target: 4% Phase-3 Account Gain Target: 3% Instant Account Upgrade: Yes Min/Max Time: No Limit Performance Split: 80% (up to 90%) Leverage: 15:1 (up to 30:1)

Account Sizes: $5000, $10000, $25000, $50000, $100000, $200000.

Other Details

  • Begin Your Funding Journey Today: Lark Funding allows you to manage up to $1,000,000 in demo accounts and earn performance splits.
  • Why Join Lark Funding: Unlike traditional firms, Lark Funding is a leader in innovation and offers no time limits for achieving your goals.
  • Industry Leading Programs: With some of the lowest targets and an innovative 3-Stage Program, Lark Funding stands out as a promising solution for traders.
  • Pass Assist Feature: Lark Funding's unique system automatically recognizes when you've hit the gain target, making trading easier.
  • 14 Day Payouts: After your first payout, all subsequent withdrawals are processed every 14 days.
  • 100% Transparency: Founded by Matt L, a full-time trader turned Youtuber, Lark Funding focuses on delivering transparency and results.
  • Real People Support: Lark Funding's 24/7 support team consists of real people ready to assist you.

Why Trade With Lark Funding

Lark Funding offers several advantages that set it apart from other firms:

Gain Protector

If you breach the Daily Drawdown on your Simulated Funded Account, Lark Funding doesn't call it quits. If your account still has gains, you'll still get paid.

Hands-Free Passing

Lark Funding's system automatically recognizes when your open trade hits the account gain target, so you don't need to manually close it.

Custom Challenges

Lark Funding understands that not all traders are the same. That's why they offer upgrade options during checkout to tailor your experience.

Ability To Reset Your Simulated Funded Account

No time limits here. Take as much time as you need to achieve your trading goals with Lark Funding's 1-Stage, 2-Stage, or 3-Stage Programs.

Work With A Regulated Broker

Lark Funding ensures a safe trading environment by working with a regulated broker.

Has A Public CEO

Lark Funding is led by a CEO who is accessible and actively involved in the trading community.

In conclusion, Lark Funding offers a unique and flexible approach to trading evaluation programs, backed by transparent and innovative features. Whether you are a novice or experienced trader, Lark Funding provides a platform that adapts to your needs, ensuring you have the tools and support required to succeed in the world of trading.

FAQs

Yes, Lark Funding requires all traders to execute at least one trade every 30 days on their account to prevent inactivity.

Lark Funding's technology management is currently integrated with the MT4 and MT5 platforms. Tradingview is available once funded, but only with MT5.

Yes, you can use Eightcap's Tradingview integration once funded, but it's only compatible with MT5.

Lark Funding currently doesn't offer a scaling plan.

You can trade a wide range of products, including FX pairs, CFD Indices, Metals, Equity Shares, and Cryptocurrencies, if offered by EightCap.

Yes, there are no restrictions regarding any news events.

Yes, Lark Funding allows EA's except those designed for HFT or arbitrage trading.

Due to OFAC sanctions, Lark Funding cannot offer services to traders residing in certain countries, including Cuba, Iran, Lebanon, Syria, North Korea, Libya, Sudan, and Somalia.

The maximum open lots with risk vary based on your account size and leverage. Be aware of margin and leverage requirements.

You can hold trades over the weekend for an additional 10% of your challenge fee. If not selected, trades must be closed by 3:45 pm EST on Friday.

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