Details About Aquafunded

Legal Name: AquaFunded FZCO
Company Number: 35582
Country of Registeration: AEAE
CEO: Jason Blax
Support Mail: [email protected]
Phone: Not available
Payment Modes: Crypto, Credit/Debit Card
Withdrawal Methods: Crypto, Rise

Challenge Details at Aquafunded

Types of Challenges: One Phase Challenge, Two Phase Challenge, Three Phase Challenge
Trading Platforms: MatchTrader, cTrader, Trade Locker
Trading Instruments: Forex, Crypto, Commodities, Indices, Metals
Broker: ThinkMarkets
Max Allocation: $200,000
Scaling: $2,000,000
Trading Competitions: Does not organize Trading Competitions
Free Trials: Does not offer free Trials

About Aquafunded

Aqua Funded, officially known as AQUA FUNDED FZCO, was established in 2017 and is headquartered in the UAE under the leadership of CEO Jason Blax. Aqua Funded provides traders with an opportunity to participate in a prop trading firm environment through its structured evaluation programs, designed to assess and develop trading skills.


Aqua Funded offers two main types of evaluation programs: the 1-Phase Challenge and the 2-Phase Challenge. In the 1-Phase Challenge, traders must meet specific criteria, such as a 9% profit target without a set trading period and adherence to risk management rules like a 3% maximum daily loss and a 6% maximum loss. Once this phase is successfully completed, traders transition to the Aqua Trader phase, where they can trade without a profit target, enjoying a profit split of 90%.


The 2-Phase Challenge is more detailed, starting with an initial challenge that requires an 8% profit target, followed by a verification stage with a 5% profit target. Both phases have unlimited trading periods and strict risk management rules. Successful completion leads to the Aqua Trader phase with a similar 90% profit split.


Account sizes for both challenges range from $10,000 to $200,000, providing flexibility for traders at different levels. Aqua Funded supports traders with competitive account leverage of up to 1:100 for forex trading.


Aqua Funded also offers a unique scaling plan allowing traders to grow their accounts to a maximum of $2,000,000 by achieving a 12% profit over a three-month period. The company encourages trading activity, requiring at least one trade every 30 days to avoid account breaches.


Payouts are processed swiftly within 1-2 business days through, and traders can request withdrawals every 14 days, provided their account balance is positive and free from violations. Aqua Funded supports multiple accounts and allows merging funded accounts up to $400,000.


Traders benefit from the absence of restrictions on holding trades overnight or over weekends, and the use of EAs and trade copiers is permitted. Hedging, Martingale strategies, and copy trading between Aqua Funded accounts are allowed, ensuring flexibility in trading styles.


Aqua Funded’s commitment to transparency and trader support is evident in its clear guidelines and lack of hidden rules. The firm prohibits any unfair trading strategies and ensures that all trading activities are conducted ethically.


For those interested in joining, Aqua Funded is currently offering a 40% discount on all challenges and a chance to win a free $200,000 account. The firm also provides ECN spreads starting from 0.1 pips and charges a commission of $5 per lot for most assets, with crypto and indices at a higher commission rate.