Lark Funding Review: The Future of Proprietary Trading

Lark Funding, a new proprietary trading firm that emerged in the summer of 2022, is redefining the landscape of trading. This prop firm aims to empower traders with the tools they need to excel in the dynamic forex market. In this Lark Funding review, we’ll go into the core aspects of Lark Funding, highlighting the key features and benefits that set it apart in the trading industry.

How Does Lark Funding Work?

Larkfunding.com is the go-to platform for budding traders, providing a clear path to funding through its distinctive 3-stage program. 

Let’s dive into the program details below!

Lark Funding’s 3-Stage Program

Laying the Foundation: Phase 1

In the initial phase, traders enter a world without limitations. There’s no daily loss cap, no time constraints, and no trailing drawdown. 

With an account gain target of 10% and the option to reset accounts if needed, Phase 1 provides a solid environment for traders to hone their skills.

Building Momentum: Phase 2

Progressing to Phase 2, traders continue under the same rules as Phase 1, but with a slightly adjusted account gain target of 4%. 

This phase serves as a bridge. It allows traders to solidify their strategies and refine their trading approaches.

Culminating Success: Phase 3

The final stage, Phase 3, represents the pinnacle of achievement. Traders operate under familiar rules but with a reduced account gain target of 3%. 

Successfully completing this phase opens the door to becoming a funded trader with Lark Funding. Notably, this marks a significant milestone in your trading journey.

Pricing Structure

Lark Funding’s pricing structure differs on the phase level. Here’s a breakdown of the costs associated with different account sizes in Phase 3:

• $5,000 Account: $50
• $10,000 Account: $70
• $25,000 Account: $175
• $50,000 Account: $240
• $100,000 Account: $370
• $200,000 Account: $700

Process

To begin your journey with this company, follow these three simple steps:

1. Signup: Select the account size that suits you, make any desired add-on selections, and receive your trade credentials via email.
2. Lark Evaluation: Your evaluation begins after purchase, and you must maintain an active account by making at least one trade every 30 days. The challenge fee is non-refundable, and success in the Lark Evaluation demonstrates your trading skills and discipline.
3. Lark Funded Trader: After the assessment, you will receive instructions on completing your Trader Agreement. Typically, it takes 24 to 48 hours to create, fund, and deliver your funded account. As a Lark Funded Trader, you can enjoy profit sharing of up to 90% and request monthly withdrawals.

Trading Conditions

Lark Funding has favorable trading conditions, with a maximum capital of $1,000,000 and a generous profit split of 90%. 

News and weekend trading, as well as automated trading, are all supported. The maximum leverage depends on your account size, making it accessible to traders of various experience levels.

Lark Funding Features

Maximum Drawdown and Stop Loss

Lark Funding’s Maximum Trailing Drawdown helps protect your trading account while allowing for growth. The maximum trailing drawdown is initially set at 6% of your opening balance but becomes more flexible as you accumulate profits.

Traders are required to use stop-loss orders on all trades, a practice that prevents excessive drawdowns and large losses. While failing to set a stop loss results in a “soft” breach, it doesn’t lead to account termination.

Profit Split and Weekend Trading

Once funded, traders are allowed to receive 75% of all profits generated on the account. There is an option at checkout to increase the profit split to 90%. Moreover, profit withdrawals can be requested once every 30 days

Traders can opt to hold trades over the weekend for an additional fee. Those who choose not to must close their trades by 15.45 EST on Fridays to avoid weekend market volatility.

Note: In terms of seasonal investing strategies, Seasonax appears to be a good choice for some traders.

Leverage and Commission

Lark Funding offers competitive leverage options, which vary by asset class. It’s 1:5 for equities and 1:2 for crypto. Traders can double their leverage by paying an extra 25% of the challenge cost at checkout, allowing for greater trading flexibility.

This firm uses the Eightcap raw account, which involves commission charges for Forex and Equity Share CFDs. Yet, other products like indices and commodities don’t incur commissions.

Brokers

This company collaborates with Eightcap. This is a reputable brokerage firm known for its low spreads, fast execution, and competitive pricing. 

This partnership ensures traders have access to a trustworthy trading environment. This is quite beneficial! 

Trading Platforms

We can see that this company offers a choice between MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These two are renowned trading platforms used by retail traders worldwide. 

These platforms come with a wide range of tools and can be adapted to suit all trading needs.

Payouts

Lark Funding pays out traders through Deel. It offers multiple payment methods, including bank transfers and crypto payments. 

Once you’ve had your funded account for 30 days, you’re eligible to request your first profit withdrawal. To initiate this, a simple email to the support team specifying your desired withdrawal amount is all it takes. Your share of the profits will then find its way to your Deel account.

One notable feature is that your drawdown, the maximum amount your account can dip before restrictions kick in, doesn’t reset after a withdrawal. Instead, it remains fixed at the initial value of your funded account.

Trader Reviews on Trustpilot

According to Trustpilot, Lark Funding has earned an impressive 4.6-star rating. This is a true reflection of its excellent reputation among traders. 

It’s crucial for traders to prioritize regulated and highly-rated brokers, with 4.5 stars or more. This is essential for a trustworthy and secure trading experience.

Note: WealthPress provides expert trading advice for users. Still, there are numerous legal issues with this business. You can check out more details about them!

Can I Earn Money Trading? 

Earning money through online trading has never been more accessible. We’re here to support you at every step of your trading journey. You can feel free to reach out for expert advice and consultations on the top trading platforms. 

Plus, meet our AI Analysis Bot. This valuable tool provides helpful trading signals and predictions. Best of all, you can try it for free for 20 days, without any upfront payments. With access to detailed FX and stock analysis reports, you can effortlessly boost your profits.

Final Words

All in all, LarkFunding offers a user-friendly and transparent approach to proprietary trading, with flexible evaluation options and favorable trading conditions. 

While this review provides valuable insights into what Lark Funding offers, it’s essential to explore various trading options. You should choose the one that aligns with your trading objectives. Always go for regulated and reputable brokers to ensure a safe trading experience!

If you’re looking for additional tools and insights, consider our AI Analysis Bot, designed to boost your trading efforts.

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