AquaFunded is a prop firm for traders looking to push the limits of their trading ability it is located in Dubai. The goal of AquaFunded’s operational structure is to make it easier for traders to advance from beginner status to funded status. by giving traders access to funds.
- The company offers a professional trader dashboard for tracking performance,
- AquaFunded offers two funding programs to choose from,
- Leverage up to 1:100,
- There are no minimum or maximum trading day requirements,
- Traders can get their first withdrawal after just 14 days,
- Evaluations are done on a demo account that is funded with virtual funds
- They offer traders Bi-weekly withdrawals
- A scaling plan for growing your account,
- A large variety of trading instruments, including forex, commodities, indices, and cryptocurrencies,
- Traders are allowed to trade news,
- They offer traders a profit share of up to 90%,
- They offer 100% refundable fees.
- The firmās two-phase evaluation has an 8% maximum drawdown, which may be too strict for some traders,
- The companyās website does not provide a lot of information about how its account scaling works,
- AquaFunded prop firm is quite new,
- AquaFunded does not provide a lot of information about its fees and costs on its website,
- A one-phase evaluationās trailing drawdown could make it challenging for some traders to keep their capital.
AquaFunded Review
AquaFunded is a proprietary trading firm that provides traders with the opportunity to trade a variety of financial instruments on the popular MetaTrader 5 software. The companyās two-step evaluation process is intended to assess a traderās capacity. In this article, AquaFunded Review, we will go over the platformās main attributes, which include an overview of the prop firm, its tradable assets, payments and withdrawals, its account size as well as the pros and cons of trading with the prop firm.
Let's Pass Your Prop Firm Challenge
We take the burden of passing prop firm evaluations and handle your challenge passing of both phases within 1 month. Contact us today.
An Overview of AquaFunded
AquaFunded is a prop firm for traders looking to push the limits of their trading ability it is located in Dubai. The goal of AquaFundedās operational structure is to make it easier for traders to advance from beginner status to funded status. by giving traders access to funds. The Wave and Ripple phases are the firmās evaluation process, they are intended to evaluate a traderās capacity to produce steady profits while abiding by the trading procedures. The wave is the first assessment stage in which traders show their competence in meeting predetermined goals. After the wave is completed, there is a last step called The Ripple where skill and consistency are further tested. Traders who complete these phases are given access to substantial funds and the chance to make 90% profits.
Is AquaFunded Regulated
No, AquaFunded is not regulated. AquaFunded is a prop trading company and is not governed by any regulatory bodies. Nonetheless, the business is constrained by some legal and moral requirements. Despite not being subject to regulations, AquaFunded takes its ethical and legal obligations very seriously.
AquaFunded tradable Assets
AquaFunded Traders can trade a wide range of assets, such as currency, equities, cryptocurrencies, and precious metals. Traders can feel confident knowing that the companyās broker partner is a reliable and respectable supplier of trading services. With such a wide variety of assets at their disposal, traders are free to select the markets that best fit their objectives and strategy.
Sizes of AquaFunded Accounts
AquaFunded offers a variety of account sizes to suit different levels of experience and capital. The account sizes range from $10,000 to $200,000, and each one comes with a profit rate of 2%. This means that traders can expect to earn a profit of 2% of their account size, regardless of which account size they choose. The company also offers a 90% profit split, meaning that traders keep a large portion of their profits.
AquaFunded broker and Trading platform
Trading a range of assets, such as currency, equities, cryptocurrencies, and precious metals, is possible on the AquaFunded platform. The well-known MetaTrader 5 software, which can be used from anywhere in the world, is utilized by the platform. Reliable trading services are offered by the companyās trusted broker partner, guaranteeing a top-notch smooth trading experience. The platform is a great option for traders wishing to access international markets because of its global accessibility.
What Broker Does AquaFundedĀ use?
AquaFunded uses FinesseFX and Purple Trading Seychelles brokers.
AquaFunded Commnission
- All of our accounts are ECN spreads.
- Trade commission-free on ALL pairs with AquaFunded.
AquaFunded payment methods
Traders can choose to receive their payouts from AquaFunded through crypto, Riseworks, and bank transfers. The credit/debit card option allows you to receive your payouts directly to your card. Riseworks is a secure and user-friendly payment platform, Riseworks has quickly become a popular choice for traders due to its ease of use and fast processing times. With Riseworks, traders can have their payouts processed quickly and easily.
Frequently asked questions
Who is the CEO of AquaFunded Prop Firm?
- The CEO of AquaFunded is Jason Blax.
What trading platform does AquaFunded use?
- AquaFunded supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These are the two most popular trading platforms in the world, offering advanced charting tools, backtesting capabilities, and a range of built-in and custom indicators.
Does AquaFunded allow copy trading?
- AquaFunded allows its traders to manage multiple accounts and allows copy trading, which allows one trader to copy the trades of another. However, copy trading is only allowed from accounts that are legally owned by the trader, and not from accounts that are shared or borrowed. This is to protect the integrity of the company and its traders.
Does AquaFunded allow the use of EAs?
- Yes, AquaFunded does allow the use of expert advisors (EAs). EAs are automated trading systems that can be programmed to follow specific trading strategies and make trades. This can be useful for traders who want to automate their trading and reduce their time spent in front of the computer.
Is AquaFunded trusted?
- AquaFunded is generally considered a trusted prop firm. AquaFunded is a prop trading company and is not governed by any regulatory bodies. Despite not being subject to regulations, AquaFunded takes its ethical and legal obligations very seriously.
Is AquaFunded a broker?
- No, AquaFunded is not a broker. It is a proprietary trading firm, which means that it does not execute trades on behalf of its clients. Instead, it offers a platform that connects traders with different brokers.
Where is Aqua funded located?
- AquaFunded is located in Dubai, UAE. However, the company serves clients from all over the world.
When was AquaFunded Established?
- The prop firm was established in the year 2023
This AquaFunded review is intended to give you a direction and help you make informed decision whether to consider Aquafunded prop firm or not.
AquaFunded Details
