ThinkMarkets

Lark Funding

Lark Funding stands out in the trading sector by offering flexible evaluation programs with no time limits and low-profit targets. 

Unique features include the Pass Assist Feature, weekly payouts, and the Gain Protector. 

Lark Funding also provides 24/7 customer support with real people and boasts industry-leading transparency and quick payout processing.

### Legal Company Name

**Lark Funding Inc.**

### Company Address

**3 Place Ville-Marie, Montréal, QC H3B 4W8**

### Year of Establishment

**June 1, 2022**

### Place of Company Registration

**Canada**

### Company Owners

**CEO: Matt L**

### Trading Platforms Offered

**DXtrade, cTrader**

### Trading Instruments Available

- **Forex**: Over 40 major and minor pairs
- **Commodities**: Gold, Silver, Oil
- **Indices**: Major global indices
- **Cryptocurrencies**: Major crypto assets

### Payment Methods Available

**Wise, Riseworks**

### Range of Account Sizes Offered

- **$5,000**
- **$10,000**
- **$25,000**
- **$50,000**
- **$100,000**
- **$200,000**

### Profit Split Structure

- **Standard**: 80:20
- **Optional Upgrade**: 90:10

### Profit Targets for Each Challenge Phase

### 1-Stage Evaluation

- **Profit Target**: 10%
- **Max Drawdown**: 6%
- **Daily Drawdown**: 5%

### 2-Stage Evaluation

- **Profit Target**: 8% (first phase), 5% (second phase)
- **Max Static Drawdown**: 10%
- **Daily Drawdown**: 5%

### 3-Stage Evaluation

- **Profit Target**: 5% (first phase), 4% (second phase), 3% (third phase)
- **Max Static Drawdown**: 5%

### Maximum Daily and Total Loss Limits

### 1-Stage Evaluation

- **Daily Drawdown**: 5%
- **Max Drawdown**: 6%

### 2-Stage Evaluation

- **Daily Drawdown**: 5%
- **Max Static Drawdown**: 10%

### 3-Stage Evaluation

- **No Daily Drawdown**
- **Max Static Drawdown**: 5%

### Minimum and Maximum Trading Day Requirements

**No time limit for any evaluation stage**

### Overview of Challenges and General Rules

Lark Funding offers 1-stage, 2-stage, and 3-stage evaluation programs with various account sizes. The main rules include profit targets, drawdown limits, and leverage options. The evaluations are designed to be flexible with no time limits.

### Challenge Steps

1. **1-Stage Evaluation**: Meet the profit target and drawdown rules.
2. **2-Stage Evaluation**: Two phases with different profit targets and drawdown limits.
3. **3-Stage Evaluation**: Three phases with progressively lower profit targets.

### Pricing/Costs to Start Challenges

- **1-Stage & 2-Stage Evaluations**:
    - $75 for $5k
    - $125 for $10k
    - $225 for $25k
    - $325 for $50k
    - $525 for $100k
    - $1,000 for $200k
- **3-Stage Evaluation**:
    - $60 for $5k
    - $105 for $10k
    - $175 for $25k
    - $240 for $50k
    - $370 for $100k
    - $700 for $200k

### Fees & Commissions

- **Forex**: $7 roundtrip per standard lot
- **Commodities, Indices, Crypto**: Zero commissions

### Refundable Fees Details

**The challenge fee is not refundable.**

### Free Trial Availability and Details

**No free trials, but free monthly competitions are available.**

### Payout Frequency

- **Weekly payouts**: 3-Stage Program
- **14-day payouts**: 1-Stage and 2-Stage Programs

### Leverage

**Simulated leverage: 1:15 (upgrade available)**

### Consistency Rule

**No specific consistency rule mentioned.**

### Commission Per Lot

**$7 roundtrip per standard lot for Forex**

### Customer Support Options and Details

**24/7 support with real people available via email at support@larkfunding.com**

## Trustpilot Reviews

### Positive

- **CEO's Engagement:** The CEO, Matt, is highly praised for his involvement and understanding of traders' needs. His active presence on Discord and transparency are appreciated by the trading community.
- **Excellent Customer Support:** The customer support is considered the best in the industry, with quick, efficient, and helpful responses. The support team's dedication sets Lark Funding apart from other prop firms.
- **User-Friendly Platform:** The new platform, Gooey Trade, is well-regarded, especially with its TradingView integration, making it a preferred choice over MT5. Low spreads and no commissions on most instruments further enhance the trading experience.
- **No Time Limit Feature:** The absence of a time limit for passing challenges is highly valued, providing flexibility for traders who may take longer to meet the requirements.
- **Smooth Funding Process:** The process from the initial phase to getting funded is described as smooth and efficient, with excellent support throughout, making it a recommended choice for new and experienced traders alike.

### Negative

- **Martingale Strategy Concerns:** Some users are dissatisfied with the automatic application of the Martingale strategy on open trades, as it can easily breach accounts. They suggest it should only apply to closed trades.
- **Lack of Scaling Plan and Account Merging:** The absence of a scaling plan and the inability to merge accounts are noted as significant drawbacks, limiting growth opportunities for traders.
- **Need for More Support Staff:** There are calls for recruiting more support staff to better handle traders' doubts and issues more efficiently.
- **Limited Account Sizes:** Users have requested smaller account sizes to be made available, indicating a need for more flexible trading options.
- **Unmet Expectations and Poor Communication:** Some traders reported being reimbursed for challenges they passed due to not meeting the company's "expectations," with little explanation provided. This lack of clarity and follow-through on promised support has led to frustration and disappointment.

### Frequently Asked Questions

1. **EAs and Trade Copiers**: Allowed
2. **Free Trials**: Not available, but free monthly competitions are offered.
3. **One-Time Fee**: Yes, no recurrent charges.
4. **Tradable Assets**: FX, Commodities, Indices, Crypto
5. **Weekend Positions**: Can hold for an extra 10% of the challenge fee.

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Lark Funding - 100K - 3 Steps - 80%