AquaFunded Prop Firm Review

AquaFunded : Is This New Prop Firm Worth Trusting Your Trading Skills?

AquaFunded is a newly launched forex proprietary trading firm that entered the market in December 2023 with an ambitious promise: flexible funding programs, high profit splits up to 90%, refundable challenge fees, and no trading day limits. Based in London and backed by experienced figures from the prop-firm and DTC branding space, AquaFunded aims to lower barriers for traders while still enforcing professional risk management.

But with limited historical data, few third-party reviews, and a recent market entry, an important question remains:

Is AquaFunded a genuine opportunity—or a firm that needs more time to prove itself?

This in-depth review breaks down everything you need to know about AquaFunded: funding programs, rules, pricing, payouts, scaling, leadership, pros and cons, and how it compares with established prop firms.

Quick Verdict: Is AquaFunded Legit?

Yes—AquaFunded appears to be a legitimate prop trading firm, offering transparent rules, realistic challenges, and competitive profit sharing.

However, it is best suited for traders who are comfortable working with a newer firm and can tolerate limited public track record in exchange for flexibility and high payouts.

👉 AquaFunded is promising—but still in its trust-building phase.

What Is AquaFunded?

AquaFunded is a forex-focused proprietary trading firm that provides traders access to firm capital after passing either a one-phase or two-phase evaluation challenge. Traders can scale accounts up to $400,000, enjoy unlimited trading time, and keep up to 90% of profits.

Key Highlights at a Glance

• Founded: December 11, 2023
• Headquarters: London, UK
• Max funding: $400,000
• Evaluation types: One-Phase & Two-Phase
• Profit split: Up to 90%
• Fee refund: 100% with first payout
• Platforms: MT4 & MT5
• Broker: Eightcap / Purple Trading SC
• Trading days: No minimum or maximum

Why Traders Are Looking at AquaFunded

AquaFunded differentiates itself in several important ways:

1. No trading day pressure – trade at your own pace
2. High profit share – among the top in the industry
3. Refundable challenge fees – reduces downside risk
4. Clear, realistic targets – avoids “trap challenges”

This makes AquaFunded especially attractive to swing traders, disciplined intraday traders, and traders who dislike time-based pressure.

AquaFunded Funding Programs Explained

AquaFunded offers two distinct evaluation models, allowing traders to choose based on experience and confidence.

One-Phase Funding Program (Fast Track)

Designed for experienced traders who want faster access to capital.

Key Rules

• Profit target: 10%
• Max daily loss: 5%
• Max total loss: 8%
• Trading days: Unlimited
• Profit split: Up to 90%
• Refund: 100% after first payout

This program removes unnecessary steps but still enforces strong risk management.

Two-Phase Funding Program (Progressive)

Ideal for developing traders who prefer a structured validation process.

Phase 1

• Profit target: 8%

Phase 2

• Profit target: 4%

Risk Rules (Both Phases)

• Daily loss: 5%
• Total loss: 8%
• Trading days: Unlimited

👉 This structure balances accessibility with consistency.

Account Sizes & Pricing

AquaFunded offers competitive pricing with full fee refunds upon successful funding.

One-Phase Pricing

Two-Phase Pricing

💡 Compared to many competitors, AquaFunded’s entry pricing is affordable, especially with refunds included.

Trading Rules: Balanced & Trader-Friendly

Trading Time

• No minimum days
• No maximum days

This is a major advantage over firms that force traders to overtrade.

Risk Management

• Max daily loss: 5%
• Max total loss: 8%

Profit Sharing

• Traders keep up to 90%
• Firm retains only 10%

Leverage by Asset Class

AquaFunded uses instrument-specific leverage to manage risk responsibly.

⚠️ Crypto leverage is intentionally low, which may deter aggressive crypto traders.

Trading Platforms & Instruments

Platforms

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)

Both platforms support:

• EAs
• Advanced indicators
• Manual & algorithmic trading

Tradable Instruments

• Forex pairs
• Commodities
• Indices
• Cryptocurrencies
• Metals
• Stocks

This range supports diversified strategies.

Broker & Execution Quality

AquaFunded works with Purple Trading SC and Eightcap, both recognized names in the brokerage space.

Why This Matters

• Stable liquidity
• Professional execution
• Lower manipulation risk
• Better spread reliability

This broker backing enhances AquaFunded’s credibility.

Scaling Plan: Long-Term Growth Potential

AquaFunded rewards consistent traders with a 30% account increase.

Scaling Requirements

• 12% profit over 3 months
• Compliance with all risk rules

Maximum Capital

• Up to $400,000

👉 This encourages long-term consistency, not short-term gambling.

Withdrawals & Payout System

Payout Schedule

• First withdrawal: 14 days after first trade
• Subsequent payouts: Every 14 days

Processing Time

• Typically 1–2 business days

Withdrawal Method

• Via RiseWorks.io
• Bank transfer or crypto

Important Conditions

• No open trades at request
• Account must be above initial balance

Refund Policy (Strong Trust Signal)

AquaFunded offers a 100% refund of challenge fees:

• Issued with first successful withdrawal
• Applies to both one-phase and two-phase programs

This significantly reduces downside risk for traders.

Founders & Leadership (Credibility Boost)

AquaFunded was founded by experienced industry figures:

Sean Bainton

• Founder of Blue Guardian
• Deep prop-firm operational experience

Jason Blax (CEO)

• DTC branding expert
• Billions of organic views generated

Franco Crean (CRO)

• E-commerce and paid ads specialist
• Revenue scaling expertise

👉 The leadership team adds strategic and marketing credibility, even though the firm is new.

Regional Availability & Restrictions

Available Globally

Restricted Countries

• Pakistan
• Vietnam
• Kenya
• North Korea

⚠️ Traders should confirm eligibility before purchasing.

AquaFunded Pros & Cons

Pros

• Up to 90% profit split
• Unlimited trading days
• Affordable challenge pricing
• 100% fee refund
• MT4 & MT5 support
• Clear scaling plan
• Reasonable profit targets

Cons

• New firm with limited history
• Few third-party reviews
• Low crypto leverage
• No Trustpilot rating yet
• Scaling capped at $400k

AquaFunded vs Other Prop Firms

AquaFunded vs Top One Trader

👉 AquaFunded favors flexibility, Top One Trader favors scale.

AquaFunded vs FTMO

👉 AquaFunded is more accessible, FTMO more prestigious.

Who Should Choose AquaFunded?

Best for:

• Swing traders
• Patient intraday traders
• Traders who dislike time pressure
• Traders seeking high profit splits
• Budget-conscious traders
• Traders okay with newer firms

Who Should Avoid AquaFunded?

Not ideal for:

• Traders needing strong social proof
• Crypto-focused traders
• Ultra-high leverage traders
• Traders who only trust long-established brands

Final Verdict: Is AquaFunded Worth It?

AquaFunded is a promising, trader-friendly prop firm with excellent flexibility and profit sharing—but it’s still early in its lifecycle.

Strengths

• High profit split
• Refundable fees
• Unlimited trading time
• Realistic challenges
• Strong leadership background

Risks

• Limited historical performance
• Minimal third-party reviews
• New market entrant

Overall Rating: ⭐⭐⭐⭐☆ (8.3 / 10)

👉 If you are comfortable trading with a new but well-structured prop firm, AquaFunded offers excellent value and flexibility.