AquaFunded, established in 2023 and headquartered in Dubai, AE, is a proprietary trading firm offering funding to traders across various asset classes including Forex, Crypto, Indices, and Metals. The firm supports multiple trading platforms: MT5, MatchTrader, TradeLocker, and cTrader. AquaFunded provides several challenge structures: a 1-Step Challenge, 2-Step Challenge, 3-Step Challenge, and an Instant Funding option. The maximum allocation available to traders is $400,000. Profit splits can reach up to 100%, with payouts processed bi-weekly. Key trading rules include a maximum daily drawdown of 3% and a maximum total drawdown of 6%. Profit targets vary by challenge type: 10% for the 1-Step Challenge, and 8% in Phase 1 followed by 5% in Phase 2 for the 2-Step Challenge. A minimum of 3 trading days is required. The firm permits news trading and weekend holding. Leverage for Forex is set at 1:50, with Forex commissions at $3 per lot and raw spreads starting from 0.0 pips. Consistency rules are not imposed. The use of Expert Advisors (EAs)/bots and copy trading is allowed. AquaFunded utilizes Purple Trading as its broker. The CEO/Founder is Jason Blax. Payment methods are restricted to cryptocurrency. A refund policy offers 100% refundable fees. The United States is a restricted country for some platforms. Trustpilot reviews currently rate AquaFunded at 3.1 based on 1385 reviews.