Active

Lark Funding

3.76

Industry Tier:
B
Canada
Date Created: 2022
Years in Operation: 3
15%

Firm Overview

Broker

Multiple Liquidity Providers

Platform

cTrader, DXTrade, Match Trader

Payment Methods

Credit/Debit Card, Cryptocurrency

Payout Methods

Riseworks

Instruments and Assets

Type of Instruments

CFD

Assets

FX, Indices, Commodities, Crypto, Stock

Commissions

FX

$7/ standard lot

Metals

$7/ standard lot

Indices

Free

Energy

Free

Crypto

Free

Firm Rules

Evaluation Phases

  • Lark Funding offers multiple evaluation models: Instant Funding (no evaluation phases), One-Step, Two-Step and Three-Step Challenge.
  • Account sizes available range from $5,000 up to $200,000 in most models; Instant Funding is limited up to $100,000 in that category.
  • There are no time limits on most challenges – traders can take as long as needed to fulfill profit targets, except for Instant Funding where performance demands are more immediate.

Profit Targets

  • One-Step: 10% profit target.
  • Two-Step: 8% in phase 1 and 5% in phase 2.
  • Three-Step: 5% in phase 1, 4% in phase 2 and 3% in phase 3.
  • Instant Funding: No specific profit target requirements.

Drawdown Rules

  • One-Step: 6% max drawdown, 5% daily.
  • Two-Step: 10% max drawdown, 5% daily.
  • Three-Step: 5% max drawdown, with no daily drawdown limit.
  • Instant Funding: 5% trailing drawdown.

Trading Days

  • No minimum trading day requirement.
  • Unlimited time to complete the evaluation.
  • Traders must place at least one trade every 30 days to keep the account active.

Strategy Rules

Lark Funding sets clear boundaries to promote fair trading while still offering flexibility:

  • VPN/VPS: Permitted, but flagged if suspicious activity occurs.
  • Hedging: Allowed within a single account, but not across multiple evaluation or funded accounts.
  • Expert Advisors (EAs): Supported, except when used for high-frequency or arbitrage strategies.
  • Risk Management: High-risk methods such as Martingale, Grid, All-or-Nothing and HFT are strictly prohibited.
  • News Trading: Permitted, but keep in mind that oversized positions around major news events could breach risk controls.
  • Weekend Trading: Possible, but only if you pay an additional 10% fee.
  • Copy Trading: Not allowed between evaluation accounts, each evaluation must be done independently. Copy trading is permitted only between funded accounts.

Payout Policy

Profit Split

Traders receive 80% profit share by default, with an option to pay an add-on fee to upgrade to 90%.

Payout Frequency

  • Instant Funding accounts can request their first payout on-demand, then subsequent payouts every 30 days.
  • For other challenge types (1-Stage, 2-Stage, 3-Stage), payouts are typically available every 14 days or weekly depending on the model.

Once you make your first withdrawal, the maximum drawdown level “locks” to your initial account balance. That means your buffer for drawdowns doesn’t reset with profit, making future drawdown breaches more likely if not cautious.

Minimum Withdrawal & Processing

The firm sets minimum withdrawal thresholds (often around $100) and withdrawals are generally processed within 1-3 business days.

Scaling Plan

Currently, Lark Funded does not provide a scaling program.

Risk Warning

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