AquaFunded
Disclosure score 83/100 — Well documented. This measures how much AquaFunded publishes about its own rules on the pages we have verified. It is not a judgement of whether the firm is good, and a low score can simply mean we have not read enough of its site yet.
AquaFunded is well documented at 83/100: 2 of 9 criteria published in full, 7 in part. If you are choosing on daily loss basis or consistency formula, read the firm's own pages before you pay.
Published in full
- Regulator or licence disclosed8/8
- Restricted countries named8/8
Published in part
- Daily loss limit fully specified10/15
- Consistency rule formula published9/12
- Payout terms fully specified12/15
- Maximum loss limit fully specified13/15
- Rule changes dated and traceable5/7
- Soft-breach rules disclosed9/10
- Legal entity identified9/10
Not found on the pages we read
—
Not found is not "does not exist" — it is where our reading stopped.
Why you can trust this page
Every figure comes from AquaFunded's own terms, rules or help pages (Tier B) or a legal document or register (Tier A); nothing from aggregators or review sites is used to state a fact. The score is nine published criteria with nine published weights — recompute it from the table below. Outbound links may earn a referral fee; they cannot move a score, a rank, or a word on this page.
How the 83/100 breaks down
Every weight is published. Add the right-hand column and you get the score — no hidden weighting, no editorial adjustment. If you disagree with a line, you can say exactly which one.
| Criterion | Weight | Awarded | What it means here |
|---|---|---|---|
| Daily loss limit fully specified | 15 | 10 | Percentage, basis, whether it is measured on balance or equity, and the reset time. All four, or partial credit. |
| Maximum loss limit fully specified | 15 | 13 | Percentage, static or trailing, and the reference point it trails from. |
| Consistency rule formula published | 12 | 9 | The formula, not just the percentage. An explicit “no consistency rule” scores full marks. |
| Payout terms fully specified | 15 | 12 | Split, frequency, profitable-day requirements and minimum amounts, for every cycle offered. |
| Soft-breach rules disclosed | 10 | 9 | Profit deductions, warning systems and split reductions that cost money without closing the account. |
| Legal entity identified | 10 | 9 | Entity name, jurisdiction and company registration number. |
| Regulator or licence disclosed | 8 | 8 | A named regulator and licence number, or a clear statement that there is none. |
| Restricted countries named | 8 | 8 | The actual list, not a generic clause about unlawful jurisdictions. |
| Rule changes dated and traceable | 7 | 5 | Changes carry effective dates and state whether existing accounts are affected. |
| Total | 100 | 83 |
Plans and rules
Objectives
Drawdown
A $100,000 account, day one
- Account closed
- Trading day over, account survives
- Room to lose on day one
- Profit still needed to pass phase one
Risk rules
Payout
Soft breaches — where money disappears without the account closing
The firm publishes two different daily-loss rules and we have not resolved which is current. Its Forex Rules page says 4% measured against the previous day's highest balance or equity, reset at 00:00 UTC. The help-centre article for this product says 5% of the initial balance, subtracted from whichever of balance or equity is higher at 5 PM EST. These cannot both hold: 5 PM EST is 21:00–22:00 UTC, and a fixed slice of the initial balance is not the same thing as a slice of yesterday's high. The figures recorded here are the help-centre ones, because only the help centre ties a number to a named product. Separately, profit earned inside the five minutes either side of a high-impact release is capped at 0.5% of the starting balance per payout cycle; the excess is removed with no breach.
Permissions
Execution
Source: help.aquafunded.com/en/articles/10476456-2-step-models Tier B MEDIUM verified 2026-09-10
Objectives
Drawdown
A $100,000 account, day one
- Account closed
- Trading day over, account survives
- Room to lose on day one
- Profit still needed to pass phase one
Risk rules
Payout
Soft breaches — where money disappears without the account closing
Same unresolved daily-loss conflict as the Standard model: the Forex Rules page says 4% against the previous day's high reset at 00:00 UTC, the help-centre article for this product says 5% of the initial balance at 5 PM EST. The help-centre figure is the one recorded. The product article and the minimum-trading-days article agree here: no minimum days during the evaluation, three on the funded stage. Consistency breaches block payouts rather than closing the account.
Permissions
Execution
Source: help.aquafunded.com/en/articles/10476456-2-step-models Tier B MEDIUM verified 2026-09-10
Objectives
Drawdown
A $100,000 account, day one
- Account closed
- Trading day over, account survives
- Room to lose on day one
- Profit still needed to pass phase one
Risk rules
Payout
Soft breaches — where money disappears without the account closing
Two conflicts sit on this plan. First, daily loss: the Forex Rules page says 4% against the previous day's high at 00:00 UTC, the product article says 3% of the initial balance at 5 PM EST; the product figure is recorded. Second, minimum trading days: the product article requires three days to pass the evaluation, while the firm's minimum-trading-days article lists '1 Step Flex Evaluation' under no minimum and puts the three days on the funded stage instead. The evaluation figure is left blank rather than guessed. Trailing drawdown is measured on closed balance and includes swaps and commissions.
Permissions
Execution
Source: help.aquafunded.com/en/articles/10476451-1-step-model Tier B MEDIUM verified 2026-09-10
Rule change history
-
EffectiveNot yet verified? Not yet verified?
- Before
- not recorded by us
- After
Source: Tier B LOW
Who you are actually contracting with
Most firms split the simulated-trading operator from the execution entity. Which entity you face can depend on the platform you pick, and that changes your counterparty risk. Nobody else puts this in a comparison.
- Jurisdiction
- United Arab Emirates
- Reg. no.
- Not yet verified?
- Regulator
- Not yet verified?
Terms name Aqua Funded FZCO as the Company. Footer address: IFZA Business Park, DDP, Premises No. 35882-001, Dubai Silicon Oasis, Dubai. The arbitration clause inside the same document gives a different address for the same entity — Dubai Silicon Oasis, DDP, Building A2. No commercial-licence or registration number is printed; the premises number is not a company number. Disputes go to the Dubai International Arbitration Centre under UAE law.
- Jurisdiction
- Saint Lucia
- Reg. no.
- 2004-00597
- Regulator
- Not yet verified?
Footer states this Saint Lucia corporation provides the simulated trading services advertised on the site. Registered at The Sotheby Building, Rodney Bay, Gros-Islet.
- Jurisdiction
- Not yet verified?
- Reg. no.
- Not yet verified?
- Regulator
- Not yet verified?
Footer links to aquafunds.com as the holding company. No registration detail read.
Alternatives with a 2-Step plan
Sources, and what we could not verify
| Source | Tier | Confidence | Covers | Dated |
|---|---|---|---|---|
| aquafunded.com/legal/terms-and-conditions | Tier A | HIGH | Contracting entity, Dubai arbitration and UAE governing law, prohibited trading and risk-management clauses, one-account-per-challenge rule. Dated 26 March 2025 — older than every rule page read, and its international clause still carries United States boilerplate while the governing law is the UAE. | No usable date |
| help.aquafunded.com/en/articles/10476456-2-step-models | Tier B | HIGH | 2-Step Standard and 2-Step Pro: targets, min trading days, daily-loss basis and reset with worked examples, max total loss, split, payout cycle, leverage. Intercom shows a relative date only ('over a month ago'), so no date is recorded. | No usable date |
| help.aquafunded.com/en/articles/10476451-1-step-model | Tier B | HIGH | 1 Step Flex: 9% target, 3% daily loss with examples, 6% trailing max loss with the lock-at-start rule and 1% withdrawal buffer. Relative date only ('yesterday'). The article now carries the title '1 Step Flex' while its URL still says '1-step-model'. | No usable date |
| help.aquafunded.com/en/articles/11875903-consistency-rule | Tier B | HIGH | Consistency percentage, formula and worked example for five named models. 2-Step Standard and 1 Step Flex are not listed. | 2026-07-07 |
| help.aquafunded.com/en/articles/14785740-is-news-trading-allowed | Tier B | HIGH | News rule change effective 27 April 2026, the 0.5% news-profit cap, and the previous rule kept for accounts bought before that date | 2026-07-17 |
| help.aquafunded.com/en/articles/9251052-are-there-any-countries-we-cannot-trade-from | Tier B | HIGH | 18 blocked countries and 9 partially restricted countries | 2026-07-07 |
| help.aquafunded.com/en/articles/15255671-are-there-minimum-trading-days | Tier B | MEDIUM | Minimum trading days per model and the 0.5% qualifying-day definition. Relative date only ('over 3 weeks ago'), and it contradicts the 1 Step Flex product article. | No usable date |
| help.aquafunded.com/en/articles/11831680-can-i-hold-trades-overnight-and-over-the-weekend | Tier B | HIGH | Overnight and weekend holding | 2026-07-07 |
| help.aquafunded.com/en/articles/11831659-are-eas-trade-copiers-allowed | Tier B | HIGH | Expert advisors and trade copiers | 2026-07-07 |
| help.aquafunded.com/en/articles/11875797-is-there-a-time-limit | Tier B | HIGH | No time limit on evaluations | 2026-07-07 |
| aquafunded.com/forex-rules | Tier B | LOW | General rules page. Contradicts the help centre on daily loss (4% against the previous day's high, reset 00:00 UTC) and on minimum profitable days for one-step models. Carries no date, is marked noindex, and its images were uploaded months before the help-centre articles were last touched. | No usable date |
Not verified
Which daily-loss rule is current— The firm publishes two incompatible daily-loss rules — see the note on every plan below. We have not resolved it and will not guess.Prices per account size— The checkout runs in JavaScript; no listed price was captured, so no price is shown.Instant Funding Standard, Instant Funding Pro, AquaMan, 3-Step, 1 Step Pro, 2 Step Elite, Pay Later and TryAqua— Eight further models exist in the help centre and have not been read. Only three are recorded here.Consistency rule on 2-Step Standard and 1 Step Flex— The consistency article names five models and omits these two. Silence is not the same as no rule.Refund policy— A refund policy page exists and has not been read, while the site banner advertises a 150% refund promotion.Registration number for the UAE entity— The Terms name Aqua Funded FZCO but print a premises number, not a company number.Rule change history— No announcements page was found; the one rule change we hold was discovered inside a product article.Stop-loss requirement— No article read states whether a stop loss is required.
Terms & Conditions · Official trading rules · Official site
Logo used under nominative fair use for identification in a comparative review, taken from AquaFunded's own site — aquafunded.com (site navigation wordmark — white, shown on a dark tile). AquaFunded does not endorse this site.
Questions about AquaFunded, answered from the record
How is the AquaFunded daily loss limit calculated?
On 2 Step Standard, the daily loss limit is 5% of the higher of opening balance or opening equity, measured on equity, including floating P/L, resetting at 17:00 EST. That basis is the part most comparison tables leave out, and it changes the dollar floor from day two onward.
Is the AquaFunded maximum drawdown static or trailing?
Static floor: 8% from initial balance on 2 Step Standard. The floor is set once and does not move as the account grows.
Has AquaFunded changed rules retroactively?
Not on our record. 1 rule change logged for AquaFunded, none applied to accounts that already existed.
What is the AquaFunded disclosure score?
83/100, computed from nine published criteria with published weights. It measures how much AquaFunded publishes about its own rules, not whether the firm is good.