Lark Funding

OVERVIEW

Lark Funding, led by CEO Matt L, is a Canada-based proprietary trading firm that has been in business for one year. The firm provides trading opportunities on MT4 and MT5 platforms in partnership with broker EightCap. Lark Funding offers a wide range of account sizes, from $5,000 to a significant $1 million, accommodating traders with varying levels of capital and experience. The firm’s evaluation process is tiered into 1 Step, 2 Step, and 3 Step evaluations. For the 1 Step evaluation, the profit target is set at 10%. The 2 Step evaluation has targets of 8% in Phase 1 and 5% in Phase 2. In the 3 Step Evaluation, the targets are 5% in Phase 1, 4% in Phase 2, and 3% in Phase 3. The maximum total drawdown ranges from 5% to 10%, depending on the challenge. Traders can explore over 40 major and minor Forex pairs, over 100 Crypto derivatives and enable trading in major US, Australian, LSE, and XETRA stocks. In the 1-Stage Evaluation, Forex, Metals, and Indices come with a leverage of 10:1. Equities are offered at a leverage of 5:1, while Crypto trading is capped at 2:1. In the 2-Stage Evaluation, the leverage for Forex, Metals, and Indices starts at 25:1, maintaining the same leverage ratios for Equities and Crypto.

  • Forex – Trade over 40 major and minor Forex pairs.
  • Commodities – Trade Gold, Silver and Oil.
  • Indices – Trade the world’s largest Stock indices round-the-clock.
  • Stocks – Go long or short on the largest US, Australian, LSE, and XETRA stocks.
  • Cryptocurrencies – Trade over 100 Crypto derivatives.

1-Stage Evaluation:

  • Forex, Metals, and Indices – 10:1 with option to double leverage to 20:1 at check for an additional 25% of challenge fee.
  • Equities – 5:1
  • Crypto – 2:1

2-Stage Evaluation:

  • Forex, Metals, and Indices – 25:1 with option to double leverage to 50:1 at check for an additional 25% of challenge fee.
  • Equities – 5:1
  • Crypto – 2:1

3-Stage Evaluation:

  • All standard accounts come with 15:1 leverage Forex, Metals and Indices.
  • All traders have the option to double their leverage to 30:1 upon checkout for an additional 25% of the challenge fee.
  • The standard leverage on Equities is 5:1, and Cryptos are 2:1.
  • Forex = $7 roundtrip, per standard lot
  • Commodities = Zero commissions
  • Indices = Zero commissions
  • Crypto = Zero commissions
  • ThinkMarkets and Eightcap have the same commission on all instruments
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