Join us as we delve into Lark Funding, a notable player in the forex proprietary trading arena, known for its straightforward evaluation process, excellent trading terms, and substantial profit-sharing model.

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Lark Funding: Revolutionizing Proprietary Trading

Founded in the summer of 2022, Lark Funding represents a fresh and streamlined approach to proprietary trading. Offering two distinct funding options, they accommodate various trader preferences. Their 1-Step evaluation provides accelerated funding, while the 2-Step evaluation offers a more comprehensive assessment. Both options come with the flexibility of no time constraints.   This London-based company empowers traders to maximize their trading potential, enhance risk management capabilities, and seize profitable opportunities in the ever-changing forex market. Lark Funding stands out for its clarity and simplicity, eschewing complicated rules and restrictions. Their commitment to top-tier customer support is evident, as they rapidly grow and aim to establish themselves as a frontrunner in the prop trading industry.

Lark Funding’s Innovative Funded Programs

The funded programs by Lark Funding are designed to cater to various trader needs and preferences, featuring both One-Step and Two-Step Challenges. These programs offer traders the flexibility to reach their profit targets without the pressure of stringent time limits.

One-Step Challenge

This streamlined approach requires traders to meet a 10% profit target. Unlike two-stage evaluations or instant funded accounts, the One-Step Challenge by Lark Funding removes time-related pressures. Traders can select from multiple account sizes, ranging from $25,000 to $1,000,000, and trade without any minimum or maximum day requirements. This flexibility allows traders to pass on the same day or take their time to reach their goals.

• Account Sizes: $25,000, $50,000, $100,000, $250,000, $500,000, $1,000,000
• Profit Target: 10% for the 1-Step Evaluation
• Minimum/Maximum Trading Days: None
• Daily Max Loss: 5% across all account sizes
• Max Trailing Drawdown: 6% for all accounts
• Leverage: 1:10 (with an option to upgrade to 1:20)
• Live Account Profit Split: Starts at 75%, with potential to increase up to 90%
• Cost: Ranges from $225 to $7,000 depending on account size

Two-Step Challenge

The Two-Step Challenge offers a more phased approach, with different profit targets for each phase. Account sizes range from $25,000 to $200,000, and traders benefit from the absence of minimum or maximum trading days.

• Account Sizes: $25,000, $50,000, $100,000, $200,000
• Profit Targets: Phase 1: 8%, Phase 2: 5%
• Minimum/Maximum Trading Days: None
• Daily Max Loss: 5% for all account sizes
• Max Trailing Drawdown: 10% for all accounts
• Leverage: 1:25 (with an upgrade option to 1:50)
• Live Account Profit Split: Starts at 75%, with up to 90% achievable
• Cost: Ranges from $225 to $1,000, depending on the chosen account size

Trading on Demo Accounts

Throughout their partnership with Lark Funding, traders utilize demo accounts to hone their skills. These simulated accounts provide real market quotes, ensuring a realistic trading experience. Lark Funding collaborates with another proprietary trading firm to copy each trade, using aggregated orders and sophisticated risk management techniques.

Becoming a Funded Trader with Lark Funding

The process of becoming a funded trader with Lark Funding is straightforward and comprises three steps:

1. Signup: Choose your desired account size and complete the signup process to receive your trading credentials.
2. Lark Evaluation: Your evaluation begins post-purchase. To maintain account activity, a minimum of one trade every 30 days is required. Note that the challenge fee is non-refundable.
3. Lark Funded Trader: After passing the evaluation, complete the Trader Agreement with Deel. Funded accounts are typically set up within 24 to 48 hours. As a Lark Funded Trader, enjoy up to 90% profit share and monthly withdrawal requests.
   
   

Optimal Trading Conditions at Lark Funding

At Lark Funding, traders are offered superior trading conditions designed to maximize their trading potential. The trading terms are crafted to provide both flexibility and opportunity, catering to a wide range of trading strategies and preferences.

• Maximum Capital: Traders can access up to $1,000,000 in capital, offering significant potential for growth and profit.
• Profit Split: An impressive 90% profit split, highlighting Lark Funding’s commitment to rewarding successful trading.
• News Trading: Allowed, providing traders with the opportunity to capitalize on market volatility during major news events.
• Weekend Trading: Yes, traders have the flexibility to trade over the weekend, accommodating various trading schedules.
• Automated Trading: Permitted, allowing traders to use automated systems and algorithms to enhance their trading strategies.
• Maximum Leverage: Up to 1:50, providing traders with significant leverage to amplify their trading positions.

These conditions at Lark Funding are indicative of the firm’s dedication to providing a supportive and adaptable trading environment, enabling traders to explore a multitude of strategies and approaches to the forex market.

Comprehensive Trading Rules at Lark Funding

Lark Funding prides itself on transparency, with all trading rules explicitly stated. Traders need to adhere to these guidelines to maintain their funded accounts. Understanding the difference between soft and hard breaches is crucial for successful trading with Lark Funding.

Soft vs. Hard Breaches

Soft breaches, such as failing to set a stop loss, result in the closure of the offending trade, but you may continue trading. In contrast, a hard breach, like exceeding the maximum trailing drawdown or daily loss cap, leads to failure in the assessment or loss of the funded account. However, traders still retain their share of profits at the time of a hard breach.

Daily Loss Limit

The daily loss limit is set at a strict 5%. Calculated based on the end-of-day balance, this limit encourages disciplined money management and minimizes risk.

Maximum Drawdown

The Maximum Trailing Drawdown starts at 6% of your initial account balance and adjusts with your trading success. This rule is designed to protect the company’s interests while allowing traders to grow their account and buffer indefinitely.

Stop Loss Requirement

Setting a stop loss on all trades is mandatory at Lark Funding. This rule aligns with good money management practices, helping traders avoid significant losses and drawdowns.

Weekend Trading

Weekend trading is possible with an additional 10% fee on the challenge cost. Otherwise, traders are required to close all trades by 15.45 EST on Friday. Open trades post this time are automatically closed, considered a soft breach.

Allowed Trading Strategies

Traders can engage in news trading and automated trading with proprietary firm expert advisors (EAs). However, strategies like arbitrage or high-frequency trading are not permitted.

Lot Sizes and Leverage

The maximum open lots vary based on account size and leverage. For instance, a $500,000 account allows 50 lots with 1:10 leverage, which doubles with 1:20 leverage. Adjusting stop loss to breakeven or profit changes the risk status of a trade, allowing for additional lot sizes.

Inactivity Rule

Traders must execute at least one trade every 30 days to avoid inactivity breaches.

Leverage and Commission Details

Regular accounts feature 1:10 leverage for Forex, Metals, and Indices, with an option to upgrade to 1:20. Equities typically have 1:5 leverage, and cryptocurrencies 1:2. Lark Funding uses Eightcap raw account for commission charges on Forex and Equity Share CFDs, but not for indices and commodities. These comprehensive rules by Lark Funding are designed to foster disciplined trading while providing ample opportunities for traders to excel in the dynamic forex market.

Key Features of Lark Funding: Broker Partnership

Lark Funding has formed a strategic partnership with Eightcap, a highly respected brokerage firm known for its collaboration with other leading prop trading firms like The Funded Trader. This alliance brings numerous benefits to traders participating in Lark Funding’s programs.

• Commission-Free Trading: Eightcap offers the advantage of commission-free trading, significantly reducing the cost of transactions for traders.
• Low Spreads: Traders benefit from low spreads, ensuring more of their profits remain theirs.
• Fast Trade Execution: Quick trade execution is crucial in the fast-paced forex market, and Eightcap excels in this aspect.
• Competitive Pricing: The partnership ensures traders receive very competitive prices, enhancing the potential for profitability.
• Regulatory Trust: Eightcap’s regulated status provides traders with a sense of security and trust, knowing they are dealing with a reputable and compliant brokerage firm.

This collaboration between Lark Funding and Eightcap represents a significant feature, offering traders a reliable, cost-effective, and efficient trading environment.

Advanced Trading Platforms Offered by Lark Funding

Lark Funding provides traders access to two of the industry’s most esteemed trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are widely celebrated among retail traders worldwide for their robust features and versatility.

• MetaTrader Platforms: Both MT4 and MT5 are renowned for their comprehensive suite of trading tools, aiding traders in developing effective strategies and making well-informed trade decisions.
• User-Friendly Interface: The platforms are designed with an accessible interface, adaptable to individual trading requirements.
• Extensive Add-ons: A wide array of add-ons, free and paid, are available, significantly expanding the functional possibilities of the platforms.
• Support for Automated Trading: Ideal for both manual trading and automated systems, MT4 and MT5 cater to a diverse range of trading preferences.
• TradingView Integration with MT5: Through Eightcap, MT5 users can trade using TradingView as soon as they have a funded account. This option requires selecting MT5 during the registration process.

Diverse Trading Instruments

Partnering with Eightcap, Lark Funding offers an extensive range of trading instruments. This diverse selection encompasses various asset classes, ensuring that traders have ample opportunities to engage in markets that align with their interests.

• Forex Currency Pairs: A wide array of major, minor, and exotic pairs.
• Indices: Access to leading global indices.
• Commodities: Trade in commodities including energy and agricultural products.
• Precious Metals: Opportunities in gold, silver, and other metals.
• Cryptocurrencies: A range of popular digital currencies.
• Equity Shares: Trading in shares of leading companies.

These advanced trading platforms and a broad spectrum of instruments highlight Lark Funding’s commitment to providing traders with the tools and options needed to thrive in today’s dynamic trading environment.

Payout Process and Options with Lark Funding

At Lark Funding, becoming a live trader integrates you into their team, establishing a legal contract through their collaboration with Deel, a remote workforce management tool. This partnership ensures a seamless and efficient process for contracting and paying out earnings to traders.

Payout Methods and Processing

Deel offers a wide array of payment methods, catering to the diverse preferences of traders worldwide.

• Versatile Payment Options: Includes Bank Wire (ACH), SEPA, PAD, Brex, BACS, and credit/debit card payments. Additionally, manual transfers through banks like Mercury or Wise, and cryptocurrency transfers via Coinbase, are available.
• Minimum Withdrawal: The threshold for withdrawal is set at a minimum of $100.
• Processing Time: Withdrawal processing typically takes between one to four business days.

Withdrawal Process and Timelines

Traders can request their first payout after maintaining a funded account for 30 days.

1. Requesting a Withdrawal: To initiate a withdrawal, traders need to email Lark Funding’s support team, specifying the desired withdrawal amount.
2. Profit Share Distribution: Lark Funding withdraws their share of the profit at each withdrawal request.
3. Receiving Funds: The trader’s share of the profits is transferred to their Deel account, from where they can choose any of the aforementioned methods for withdrawal.

This structured and flexible payout system at Lark Funding ensures traders have easy access to their earnings, with multiple options to suit their individual needs.

Lark Funding Review Conclusion

Lark Funding emerges as a compelling choice for traders aiming to challenge their skills and secure funding. Their simplified evaluation process efficiently paves the way to a funded account for successful candidates. The trading conditions offered are exemplary, featuring a broad range of instruments on the esteemed MetaTrader platforms, in collaboration with the reputable brokerage firm, Eightcap.

• Generous Profit Share: An impressive 90% profit share stands out as a key benefit for traders.
• Flexible Trading Conditions: Traders enjoy the freedom of no time limits, no minimum trading days, and the absence of stringent consistency rules.
• Accessible Application Process: The user-friendly application system is inclusive, accommodating traders with varied credit backgrounds.

In summary, Lark Funding offers an efficient and accessible path to funding for traders in the dynamic forex market, backed by excellent trading conditions and substantial profit-sharing opportunities.