Lark Funding Review 2026: Free Resets, a Monthly Salary Feature, and a CEO Who Picks Up the Phone
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Lark Funding is a Canadian prop firm — Montreal, Quebec, founded in 2022 by CEO Matt Letourneau — and it occupies an interesting space in the prop firm market. Not the biggest, not the cheapest, not the longest-running. What it has is a 1-Step Career Evaluation with free resets built in, a monthly salary feature that pays you a flat amount for consistent trading even when you're in drawdown, and a CEO who is genuinely reachable on Discord and, according to multiple community reviews, personally sorts out issues on the same day they arise.
In a space where support responsiveness is one of the most common complaints, that last point is more differentiating than it sounds.
The Quick Verdict
Lark Funding is a legitimate, community-focused prop firm with a 4.5 Trustpilot rating from 600+ reviews, $666K+ in verified payouts, and a 1-Step challenge structure that includes free resets and a monthly salary feature that no direct competitor matches. No MT4 or MT5 — platforms are cTrader, DXTrade, and MatchTrader. Maximum allocation of $200K. For traders who want a smaller, more accessible firm with genuine CEO-level accountability and features that aren't available elsewhere, Lark Funding is worth a serious look.
Who Lark Funding Is
Lark Funding Inc. is headquartered at 3 Place Ville-Marie, Montreal, Quebec. CEO Matt Letourneau has been publicly associated with the firm since launch and maintains an active presence in the Lark Funding Discord — the kind of CEO visibility that's common at launch and rare six months later. Community reviews consistently mention direct communication with Matt as a positive, including instances where he personally resolved payout issues on the same day.
The firm uses ThinkMarkets and Eightcap as broker partners for trade execution — both regulated, established brokers that provide more execution credibility than a purely in-house setup. $666K+ in verified payouts across 2+ years of operation, with a Trustpilot profile that reflects genuine community engagement rather than a managed review campaign.
Account Structure
1-Step Career Evaluation — the flagship product and the one that defines Lark Funding's differentiation. Single profit target, then funded. The two features that make it unique:
▪ Smart Reset Guarantee (free): You get up to 3 free resets on the 1-Step challenge. If you breach the challenge rules, you don't pay for a reset — it's included. For traders who've spent significant money on reset fees at other firms, three free resets per challenge purchase changes the economics significantly.
▪ Monthly Salary on funded stage: Once funded, you receive a flat monthly payment for consistent trading — even in months where your P&L is negative. The exact salary amount is tied to account size and conditions, but the concept is unique: you're compensated for showing up and trading consistently, not just for profitable months. Subject to conditions around minimum trading activity.
3-Step Evaluation — three phases, lower fee per attempt, 75% discount on resets (not free like the 1-Step). Profit split at 80%, upgradeable to 90% with an add-on. For traders who want a multi-phase evaluation at lower cost but don't need the monthly salary feature.
Instant Funding — no evaluation, immediate funded access. Community feedback suggests this is the weakest value proposition in Lark's lineup — higher fees relative to what you get versus the 1-Step. Worth comparing the math before choosing instant over the challenge route.
The Monthly Salary — How It Actually Works
This is the feature that most review sites mention and few explain properly. On the funded stage of the 1-Step Career Evaluation, Lark Funding pays a flat monthly salary to active traders regardless of whether that month was profitable.
The salary is designed to reflect what a prop trading job would look like — you get paid for trading consistently, not just for winning months. The conditions include minimum trading day requirements to qualify (you have to show up), and the amount scales with account size.
For traders who've experienced months where their strategy had a drawdown but they continued trading disciplined and consistently, the monthly salary provides income during those periods rather than zero. No other major prop firm on PropTradingArea's list offers an equivalent structure.
Trading Conditions
▪ Drawdown: 5% daily loss limit, 7% maximum loss limit — static from initial balance
▪ Profit split: 80% base, 90% with add-on
▪ No consistency rule — no best-day cap on profits
▪ No news restrictions — news trading fully permitted
▪ No minimum or maximum trading days
▪ Overnight holding: Allowed
▪ Weekend holding: Allowed
▪ Instruments: Forex, indices, commodities, crypto, and stocks
▪ Leverage: Up to 1:50 on Forex pairs
▪ Platforms: cTrader, DXTrade, MatchTrader — no MT4 or MT5
▪ Payouts: Bi-weekly
▪ Maximum allocation: $200,000
The Gain Protector feature is worth noting: it allows traders to receive payouts even if they breach the daily drawdown limit during a profitable period — under specific conditions. This is a safety net that reduces the "one bad day wipes out a good month" scenario that frustrates traders at other firms.
No MT4 or MT5
This is the condition that narrows Lark Funding's audience most significantly. cTrader, DXTrade, and MatchTrader are legitimate platforms, but the vast majority of EA traders and many manual traders have built their workflows around MetaTrader. If your strategy requires MT4 or MT5 for any reason — EA execution, custom indicators, backtesting integration — Lark Funding is not compatible without platform migration.
For traders who are platform-agnostic or already use cTrader, this is a non-issue. For everyone else, it's worth factoring in before the challenge fee is paid.
The 2-Step Discontinuation
In early 2026, Lark Funding discontinued their 2-Step program. Traders with active funded accounts on that program had accounts closed after a grace period — Lark paid out all earnings, but the disruption frustrated traders who were mid-strategy on a funded account when the program ended. This is documented in community feedback and worth knowing as a data point about how Lark handles product changes. The response (full payout, grace period) was reasonable; the disruption itself was real.
Hidden Rules — What to Watch For
Lark Funding's terms are generally clean — no consistency rule, no news restrictions, and the main conditions are front-facing rather than buried. The areas that generate community friction are:
The strict capital management rules — the 5% daily loss limit is at the tighter end of the industry range, and enforcement is reported as consistent. Traders who rely on intraday recovery from losses that dip below 5% before reversing may find the daily limit more restrictive than at firms with higher daily caps.
Support response time during disputes — multiple reviews note that initial support is fast and CEO-accessible, but if a dispute escalates, response times slow significantly. The experience of resolving a standard payout is smooth; the experience of contesting a breach is harder.
Who Lark Funding Is For
▪ Traders who want free resets on the 1-Step challenge without paying additional fees per attempt
▪ Traders who value a monthly salary during drawdown months — unique feature, no competitor equivalent
▪ News traders — no restrictions on any account type
▪ Swing traders — overnight and weekend holding permitted, no consistency rule
▪ Traders who want active CEO accessibility and a firm that feels smaller and more personal than institutional-scale competitors
▪ cTrader users who don't need MetaTrader
Who Lark Funding Is Not For
▪ MT4 or MT5 EA traders — platform not available
▪ Traders who need maximum allocation above $200K
▪ Traders who want the lowest possible entry fee — Lark's pricing is mid-market, not budget
▪ Traders who prefer a large, established firm with years of scale — Lark is community-sized, not enterprise-sized
Final Verdict
Lark Funding has built something that the larger prop firms haven't: a product with genuinely unique features — free resets and a monthly salary — combined with CEO-level accountability that's accessible rather than aspirational. For traders who've been frustrated by reset fees, inconsistent support, and the complete absence of income during drawdown months, those three things address three distinct pain points at once.
The platform restriction is the main practical barrier. If you're not on MetaTrader and don't need to be, Lark Funding belongs near the top of your shortlist. If you are on MetaTrader, the platform migration cost — in time and workflow disruption — needs to be weighed against what the free resets and monthly salary are worth to your specific situation.
