AquaFunded Review 2026: Eight Models, Strike Rules and Payout Terms

This AquaFunded review sets out the eight account models the firm sold on 24 October 2026, their prices, the limits that end an account and the evidence for its payouts. AquaFunded is a CFD prop firm founded in 2023, and all of its accounts use simulated balances.

CFD is short for contract for difference. Such a contract tracks a market price, such as a currency pair, an index, a metal or a crypto coin, without ownership of the asset. Aqua Funded FZCO in Dubai is the party named in the terms, and AquaFunded LTD in Saint Lucia provides the simulated trading.

The rules described here were read in AquaFunded's help centre and legal pages on 24 October 2026. Price figures were taken from the homepage pricing data at 10:05 UTC that day and compared with an archived copy from 11 October.

AquaFunded models and limits in numbers

AquaFunded sells three instant models, two one-step evaluations and three two-step evaluations, all sold for a single fee with no subscription.

• ›Platforms. Match-Trader, TradeLocker, MetaTrader 5 and cTrader, at the same price on each.
• ›Markets. Currency pairs, metals, energy, stock indices and crypto, with crypto open seven days a week.
• ›Leverage. Evaluations allow 1:100 on currencies, 1:20 on indices and commodities and 1:2 on crypto. Funded and instant accounts start at 1:50 on currencies and 1:10 on indices and commodities.
• ›Commission. Currencies and commodities cost $5 per lot, while indices and crypto carry no commission.
• ›Countries. 15 countries and three regions of Ukraine are banned. Residents of nine more, including Japan, Brazil and Singapore, may buy instant accounts only, with funding capped at $50,000.

Leverage is the ratio between the size of a position and the money needed to open it. The firm says it may raise funded leverage back to the evaluation level, depending on a trader's risk management.

How AquaFunded's eight models work

Each AquaFunded evaluation sets a profit target to reach, and the instant models skip the test and start funded at purchase.

A profit target is the gain an evaluation phase requires before the trader moves on. A daily loss limit restricts the closed and open losses of one trading day, and the maximum loss is the lowest point the account may reach.

A static maximum loss is measured once from the starting balance and never moves, while a trailing one rises as the account grows. Instant Pro and Instant Flex trail the highest equity, meaning the balance plus open profit or loss. Instant Standard moves its floor only at the 00:00 UTC reset, and never down.

AquaFunded counts a qualifying day when that day's profit reaches 0.5% of the initial balance. The instant models count these days before a reward, and the evaluations count them toward the minimum.

• ›Older accounts. Accounts bought before a rule change keep the earlier rules, which the help centre files under Legacy Models. The 2-Step Elite carried a 10% static floor ahead of the 22 October 2026 change.
• ›Scaling. A 12% return within three months adds 25% of the starting size, up to $4,000,000 and subject to review, according to the firm.
• ›Merging. Two funded accounts at breakeven can be merged up to $400,000, but instant accounts cannot be merged.
• ›Other products. The help centre also describes 1-Step Pro, 3-Step, AquaMan, Pay After Pass and the TryAqua $1 and $10 models, none of which the homepage sold on 24 October 2026.

AquaFunded prices after the 24 October rise

AquaFunded raised list prices on four models on 24 October 2026, and its homepage put the $100K 2-Step Standard at $472.98.

The rise covers 1-Step Standard, 1-Step Flex, 2-Step Standard and 2-Step Elite. Instant Standard, Instant Pro at $300,000 and $400,000, and 2-Step Pro only dropped the odd cents from their September prices.

An archived copy of the homepage from 11 October 2026 still showed the September prices.

The code column applies 25% to the new list price, rounded to the cent, as PropFirmTrading's price scraper does. A checkout check by PropFirmTrading on 21 September 2026 confirmed the 25% rate on the old prices without a purchase, and the new prices have not been checked at checkout.

On 24 October the homepage also advertised a time-limited public sale with a larger discount than 25%. Which discount applies is settled only at checkout, and the AquaFunded discount code page lists every size with Pft2023.

• ›Add-ons. Rewards On Demand, Rewards in 7 Days, a lifetime 100% split and Swap Free are optional upgrades chosen at checkout, and their prices were not read for this review. Swap Free removes the overnight interest charge known as a swap.
• ›Bundles. The homepage sells two or three accounts in one order, with a larger discount on each extra account.
• ›No retries. A failed account cannot be restarted, so a new one must be bought, although the homepage lists resets among its features.
• ›Refunds. The refund policy calls every sale final once login details are emailed, and the evaluation fee comes back only with the fourth reward.

Rules that close an AquaFunded account

Touching the daily or maximum loss limit ends an AquaFunded account at once, in the evaluation and after funding.

A floating loss is the unrealised loss on positions not yet closed. WaveStop is AquaFunded's name for its automatic stop on funded evaluation accounts, and its first trigger cuts the split to 50%.

Banned methods and manual checks

The terms and help centre ban methods that exploit the simulation, such as latency arbitrage, tick scalping, high-frequency trading, data freezes and emulators. They also ban strategies sold to pass challenges, gap trades on equity CFDs and a switch of strategy between the evaluation and the funded stage.

• ›Short trades. Trades held under 2 minutes may count as tick scalping, and funded profit from them may be removed.
• ›Margin. Profit from a trade that uses over 80% of the margin is deducted, and repeated cases can bring a reset or a breach.
• ›Other people's accounts. Copying another trader's account, coordinated trading and shared devices can bring a breach or termination, and hedging is banned across any two accounts.
• ›Risk reviews. The firm may review an account at any stage and may close it or deny a withdrawal for excessive risk.

According to the help centre, some breaches are confirmed only in a manual review. The privacy policy lets AquaFunded share data with other simulated trading platforms to detect fraud, so trade matching can reach beyond one firm.

Expert advisors, hedging inside one account, trading without a stop loss and weekend holding are allowed. News trading is allowed too, with a cap on news profit for accounts opened after 27 April 2026.

On those accounts, profit from trades opened or closed within 5 minutes of high-impact news or an FOMC statement or speech may not exceed 0.5% of the starting balance per cycle.

FOMC is the US Federal Reserve committee that sets interest rates, and profit above the news cap is removed without a breach. Each model's limits sit side by side on the AquaFunded rules page.

How AquaFunded pays its funded traders

AquaFunded calls its payouts rewards and pays them every 14 days by default, with faster cycles offered as checkout add-ons.

A funded account becomes eligible for its first reward 14 days after its first trade. The next opens 14 days after the first trade placed after that withdrawal.

A consistency rule caps how much of a period's profit can come from the single best day. AquaFunded applies one to rewards on three models, and the help centre publishes none for the other five.

• ›Consistency limits. 15% on Instant Standard, 20% on Instant Pro accounts bought from 8 September 2026, and 50% on funded 2-Step Pro accounts.
• ›Conditions. The balance must sit above the starting balance, with no rule broken and every trade and pending order closed.
• ›Split. 90% as standard, or 100% with the Lifetime Profit Split add-on.
• ›Methods. Crypto, including USDC, for rewards under $5,000, and Rise by bank transfer or crypto from $500.
• ›Instant Flex. Rewards are capped at 5% of the starting balance per cycle, and any excess is deducted.

The homepage promises payment in 24 hours or an extra $1,000. The help centre limits that promise to 24 business hours from approval, Monday 9am to Friday 5pm Dubai time, with weekends paused.

Arrival then depends on the payment provider. The help centre's holiday list, still dated for the 2025 season, names 24, 25, 26 and 31 December and 1 January as days with no reward processing.

AquaFunded payout proof and its limits

Every payout total AquaFunded publishes comes from the firm itself, and PropFirmTrading found no independent record to test those totals against.

The rewards page labels four of its ten named rewards as lifetime certificates, which total a trader's earnings. One certificate shows $120,590, above the $119,175 the same page gives for its highest paid trader, so the two labels measure different things or one is wrong.

propfirmpayout.net, PropFirmTrading's tracker of prop firm payouts on public blockchains, held no AquaFunded wallet on 24 October 2026. Without one, no AquaFunded payout can be traced on chain.

Is AquaFunded legit?

AquaFunded operates through two named companies, publishes its terms and help articles, and states that no account trades real money.

A simulated account trades virtual money on real market prices, and the firm pays rewards on that simulated profit in real money. The footer states that AquaFunded performs no regulated activity and offers simulated trading only, so this review treats the firm as unregulated.

• ›Operator. Aqua Funded FZCO in Dubai Silicon Oasis, the party named in the terms, the refund policy and the privacy policy.
• ›Trading provider. AquaFunded LTD, a Saint Lucia company with number 2004-00597.
• ›Owner. The about page names AquaFunds, a holding company, as the owner.
• ›Disputes. UAE law and one-arbitrator arbitration at the Dubai International Arbitration Centre, with a class-action waiver and exceptions for some consumers.
• ›Identity checks. No provider, document list or timing is published for KYC, the identity check firms run on customers, and the funded trader agreement is not public.

No AquaFunded page names an executive. The pages give three different Dubai addresses, and the Saint Lucia address line includes SW18 1TA, the format of a London postcode.

Where AquaFunded's own pages disagree

The homepage, the help centre and the legal pages conflicted on at least 15 topics on 24 October 2026. Nine of the conflicts appear in the cards below.

Others concern the definition of a qualifying day, a general rules page with 4% and 8% limits, two consistency examples, the minimum age and the Dubai address. Traders can email support@aquafunded.com and ask for a disputed rule in writing before paying.

Trader reviews of AquaFunded so far

PropFirmTrading's trader data held 320 public reviews of AquaFunded on 21 October 2026, averaging 4.4, against a Trustpilot score of 3.8 recorded on 21 September 2026.

Of the 320, 286 give four or five stars and 28 give one or two. Praise centres on the live drawdown dashboard, support that replies within minutes and the Match-Trader platform.

Most low ratings describe payout-stage compliance decisions over IP matching, trades that mirror other accounts and floating-loss limits. Two of them are dated 5 and 19 October 2026, and AquaFunded had posted no public answer to either when they were read. Traders without any payout yet wrote a large share of the newest five-star ratings.

AquaFunded rule changes by date

AquaFunded dates most rule changes in its help centre and keeps the older rules for accounts bought before each change.

The firm published no incident or outage notice that PropFirmTrading could find, and its blog had no post newer than 27 May 2026.

Each week, PropFirmTrading's change watcher compares the AquaFunded help centre and homepage pricing data with its last saved copy.

AquaFunded against other CFD prop firms

With the code, the $100K 2-Step Pro costs about $209, among the lowest two-step prices in PropFirmTrading's CFD data.

The low 2-Step Pro price comes with a floor that trails 10% below the highest balance and a 50% consistency limit on funded rewards. The 2-Step Standard keeps a static 8% floor, and a 2-Step Elite bought since 22 October a static 12% floor.

Among $100K instant accounts, PropFirmTrading data lists Maven Instant at $380.00, Blue Guardian Standard Instant at $467.25 and For Traders Instant at $746.30. AquaFunded's Instant Standard costs $378.75 with the code on the new list price, and Instant Pro $420.00.

The PropFirmTrading comparison tool lines up rules and prices for any pair of firms.

Which traders AquaFunded suits

AquaFunded suits CFD traders who hold positions for minutes or longer, keep open losses small and can wait 14 days for a first reward.

The firm is a weaker match for scalpers, for strategies run across several firms and for traders who want on-demand rewards without an add-on.

AquaFunded affiliate disclosure

PropFirmTrading receives a commission on AquaFunded purchases made via its partner link or the code Pft2023. The code is recorded at 25% off every account, and the commission does not change the rules or figures reported here.

PropFirmTrading did not buy or trade an AquaFunded account for this review, and the review contains no results from testing of its own. The work drew on the firm's own documents and pricing data and on PropFirmTrading's database and trader data.

AquaFunded review updates

• ›24 Oct 2026. Published from the help centre, legal pages and homepage pricing data read that day, with the 2-Step Elite change and the price rise included.
• ›28 Oct 2026. Peer prices and rules in the comparison chart, table and FAQ updated to PropFirmTrading's corrected data, including The5ers' code at 10%, FundingPips' new list prices and the Goat Funded Trader 2-Step Promo.