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Lark Funding

43
CEOMatt L
Country
Canada
Trust Pilot4.4
Date CreatedJun 2022
Years in Operation3
4.5
74 Total reviews
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NEW OFFER
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Firm logo
Lark Funding
4.574+
Promo CodeNO Offer

Firm Overview

Broker
Multiple Liquidity Providers
Payment Methods
Credit/Debit CardCrypto
Platforms
cTraderDXTrade
Payout Methods
Riseworks

Instruments and Assets

Instrument Type
CFD
Available Assets
FXMetalsIndicesCryptoOther CommoditiesStocks

Leverage

AssetsInstant1-Step2-Steps3-Steps
FX
1:50
1:30
n/a
1:50
Metals
1:10
1:10
n/a
1:10
Indices
1:10
1:10
n/a
1:20
Energy
1:5
1:5
n/a
1:5
Crypto
1:2
1:2
n/a
1:2

Commissions

FX
$7 per lot
Metals
$7 per lot
Indices
No commission
Crypto
No commission
Other Commodities
No Commissions

Consistency Rules

  • None

Firm Rules

  • Lark Funding offers a flexible trading environment with simple rules, no time limits, and trader-friendly conditions focused on consistency and discipline.
  • 🔹 General Rules
  • No time limits on any challenge phases
  • Trading is done on simulated accounts
  • No consistency rule requirement (rare among prop firms)
  • News trading is allowed without restrictions
  • Expert Advisors (EAs) and different trading styles are allowed
  • Copy trading and account sharing are restricted
  • Minimum activity required to keep account active
  • 🔹 1-Step Evaluation
  • Single phase challenge
  • Profit target: around 10%
  • Max daily loss: around 4–5%
  • Max drawdown: 6–7% (static/trailing depending on plan)
  • Unlimited trading days
  • 👉 Best for traders who want quick funding
  • 🔹 2-Step Evaluation
  • Phase 1:
  • Profit target: ~8%
  • Phase 2:
  • Profit target: ~5%
  • Rules:
  • Max daily loss: around 5%
  • Max drawdown: around 10%
  • No time limit to complete phases
  • 👉 Balanced model with higher success rate
  • 🔹 3-Step Evaluation
  • Phase 1: 5% target
  • Phase 2: 4% target
  • Phase 3: 3% target
  • Lower targets make it easier but longer process
  • 👉 Best for beginners
  • 🔹 Funded (Live / Simulated Account)
  • Profit split up to 80%
  • Bi-weekly payouts available
  • Monthly reward / salary feature available
  • Same drawdown rules apply as challenge
  • 🔹 Risk & Breach Rules
  • Max drawdown: around 7%
  • Daily loss limit: around 5%
  • Drawdown includes floating losses
  • Gambling or “all-in” trading is prohibited

Payout Policy

  • Lark Funding offers one of the most unique payout systems in the prop firm industry, combining fast withdrawals with additional income features like monthly rewards.
  • Once a trader passes the evaluation and receives a funded account, they become eligible for payouts. The firm offers bi-weekly payouts, meaning traders can withdraw profits twice per month.
  • In addition to standard payouts, Lark Funding introduces a monthly reward system, where traders can earn a fixed payout even if their account is in drawdown (within allowed limits). This feature is designed to reward disciplined traders rather than just high-risk performance.
  • The profit split is up to 80%, allowing traders to keep the majority of their earnings.
  • One of the standout features is the fast payout processing time, with claims of payouts being processed within a few hours after approval.
  • To qualify for payouts, traders must:
  • Follow all risk management rules
  • Maintain drawdown within limits
  • Complete required profitable trading days (for some programs)
  • Another important factor is the gain limit rule, where extremely large profits in a single day may be capped or excluded from payouts. This ensures traders maintain consistent performance rather than relying on one big trade.
  • Payments are typically processed through supported global payment systems, including crypto and online transfers.
  • Overall, Lark Funding payout system is:
  • Fast (often same day processing)
  • Bi-weekly withdrawals
  • 80% profit split
  • Unique monthly salary feature
  • Strict rule-based eligibility
  • This makes it attractive for traders looking for both regular income and performance-based rewards.

Restricted Countries

Restricted Countries
AfghanistanBelarusCentral African RepublicCubaDemocratic Republic of the CongoGuamGuineaHaitiIranIraqLibyaMaliMyanmarNorth KoreaPuerto RicoQuebec (Canada)Republic of the CongoRussiaSomaliaSouth SudanSudanSyriaUkraineUnited States Virgin IslandsVenezuelaYemen