Targets & Drawdowns
Profit Target Step 1
10.0%
Profit Target Step 2
4.0%
Profit Target Step 3
3.0%
Daily Drawdown
5.0%
Max Drawdown
7.0%
Drawdown Type
Static
Rules
Time Limit
Unlimited
Profit Split
80%
Payout Frequency
BI-weekly
Additional Rules
Single-phase evaluation: Traders must reach a 10% profit target in one phase to become funded.
Static drawdown: A 7% maximum drawdown is applied and is based on initial balance, not trailing.
Daily drawdown: A 5% daily loss limit is enforced and calculated based on account balance at reset time.
No time limit: Traders can complete the challenge without any time restrictions.
No minimum trading days: There is no requirement for a minimum number of trading days.
Leverage: Simulated leverage of 1:30 is used across the program.
Profit split: Traders receive 80% profit share in the funded phase, with optional upgrades up to 90%.
Payout frequency: First payout is available after 14 days, with bi-weekly payouts afterward.
Monthly base reward: A fixed monthly payment is offered in the funded phase, but requires specific conditions such as maintaining drawdown above a certain level and achieving profitable trading days.
Trading freedom: News trading, scalping, and EAs are generally allowed, with restrictions on high-risk strategies like arbitrage or martingale.
Tight risk-to-reward ratio: Traders must achieve 10% profit while staying within a 7% max drawdown.
Daily loss enforcement: The 5% daily drawdown is strictly enforced and can trigger a breach even with floating losses.
Monthly base conditions: The $50 monthly reward is not guaranteed and requires maintaining drawdown limits and achieving profitable trading days.
Psychological trap: The “salary” concept can create false security and encourage overtrading.
No second phase buffer: Unlike multi-step challenges, failure means restarting from zero.
Execution pressure: With only one phase, mistakes have a higher impact compared to multi-phase models.
Leverage limitation: 1:30 leverage is lower than many competitors, reducing flexibility for aggressive strategies.
Tight risk structure: The 5% drawdown is relatively strict, especially considering the total required profit across all phases.
No minimum trading days: Traders can complete the challenge as quickly as they reach the targets.
Unlimited time: There is no time restriction for completing any phase.
Leverage: Simulated leverage of 1:50 is used across all phases.
Profit share: Traders receive 80% profit split after reaching the funded phase.
Payout structure: Bi-weekly payouts are available once funded.
Progression requirement: Each phase must be passed sequentially, with no skipping or combining targets.
No daily drawdown illusion: While the absence of a daily loss limit gives freedom, it can lead traders to take excessive risk without realizing how fast losses accumulate.
Tight max drawdown: A 5% static drawdown is very strict, especially across multiple phases.
Profit vs risk imbalance: Traders must achieve a total of 12% profit (5% + 4% + 3%) while staying within a 5% drawdown.
No recovery buffer: Without a daily limit, traders may hold losing trades longer, increasing the risk of hitting max drawdown.
Multi-phase fatigue: Even though targets decrease, repeating performance across 3 phases increases psychological pressure.
Overconfidence trap: The lack of daily loss limit often leads traders to increase position sizes, resulting in faster drawdown breaches.
Slow grind reality: Despite low targets per phase, completing all 3 phases requires consistency over time.
Static drawdown: A 7% maximum drawdown is applied and is based on initial balance, not trailing.
Daily drawdown: A 5% daily loss limit is enforced and calculated based on account balance at reset time.
No time limit: Traders can complete the challenge without any time restrictions.
No minimum trading days: There is no requirement for a minimum number of trading days.
Leverage: Simulated leverage of 1:30 is used across the program.
Profit split: Traders receive 80% profit share in the funded phase, with optional upgrades up to 90%.
Payout frequency: First payout is available after 14 days, with bi-weekly payouts afterward.
Monthly base reward: A fixed monthly payment is offered in the funded phase, but requires specific conditions such as maintaining drawdown above a certain level and achieving profitable trading days.
Trading freedom: News trading, scalping, and EAs are generally allowed, with restrictions on high-risk strategies like arbitrage or martingale.
Tight risk-to-reward ratio: Traders must achieve 10% profit while staying within a 7% max drawdown.
Daily loss enforcement: The 5% daily drawdown is strictly enforced and can trigger a breach even with floating losses.
Monthly base conditions: The $50 monthly reward is not guaranteed and requires maintaining drawdown limits and achieving profitable trading days.
Psychological trap: The “salary” concept can create false security and encourage overtrading.
No second phase buffer: Unlike multi-step challenges, failure means restarting from zero.
Execution pressure: With only one phase, mistakes have a higher impact compared to multi-phase models.
Leverage limitation: 1:30 leverage is lower than many competitors, reducing flexibility for aggressive strategies.
Tight risk structure: The 5% drawdown is relatively strict, especially considering the total required profit across all phases.
No minimum trading days: Traders can complete the challenge as quickly as they reach the targets.
Unlimited time: There is no time restriction for completing any phase.
Leverage: Simulated leverage of 1:50 is used across all phases.
Profit share: Traders receive 80% profit split after reaching the funded phase.
Payout structure: Bi-weekly payouts are available once funded.
Progression requirement: Each phase must be passed sequentially, with no skipping or combining targets.
No daily drawdown illusion: While the absence of a daily loss limit gives freedom, it can lead traders to take excessive risk without realizing how fast losses accumulate.
Tight max drawdown: A 5% static drawdown is very strict, especially across multiple phases.
Profit vs risk imbalance: Traders must achieve a total of 12% profit (5% + 4% + 3%) while staying within a 5% drawdown.
No recovery buffer: Without a daily limit, traders may hold losing trades longer, increasing the risk of hitting max drawdown.
Multi-phase fatigue: Even though targets decrease, repeating performance across 3 phases increases psychological pressure.
Overconfidence trap: The lack of daily loss limit often leads traders to increase position sizes, resulting in faster drawdown breaches.
Slow grind reality: Despite low targets per phase, completing all 3 phases requires consistency over time.
Scaling Plan
Lark Funding does not offer a traditional scaling plan with predefined milestones.
Account growth depends on trader performance and consistency after reaching the funded phase.
The focus is on steady payouts and monthly rewards rather than rapid capital scaling.
This model prioritizes long-term trader retention over aggressive account growth.
The focus of this model is on evaluation and steady profitability rather than rapid account expansion.
Account growth depends on trader performance and consistency after reaching the funded phase.
The focus is on steady payouts and monthly rewards rather than rapid capital scaling.
This model prioritizes long-term trader retention over aggressive account growth.
The focus of this model is on evaluation and steady profitability rather than rapid account expansion.
