AquaFunded, established in 2023 and led by CEO Jason Blax, is a trading firm based in the United Arab Emirates. The firm has partnered with Purple Trading Seychelles as its broker and offers access to both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), widely recognized platforms in the trading industry. AquaFunded caters to a broad range of traders with account sizes varying from $10,000 to $200,000. The firm employs a flexible evaluation process, offering a single-phase option with a 9% profit target or a two-phase option with targets of 8% in Phase 1 and 4% in Phase 2. AquaFunded offers a 90% profit split with maximum daily loss limits set between 3% and 5% and total drawdown limits ranging from 6% to 8%. The trading instruments available at AquaFunded include Forex, indices, commodities, and cryptocurrencies, providing traders with a diverse range of markets to engage in. In terms of leverage, AquaFunded offers ratios, with 1:100 on Forex, 1:20 on indices and commodities, and a conservative 1:2 on cryptocurrencies. Additionally, commission charges are set at $5 per lot for all assets, with the exception of cryptocurrencies and indices.