Lark Funding is a prop trading firm offering multiple challenge models, including instant funding and phased evaluations, with account sizes up to $200,000. While its flexibility and no time limits on challenges are appealing, higher fees and restrictive payout policies make it better suited for experienced traders comfortable managing high risk.
Lark Funding Summary
Lark FundingProp Firm Details
One Phase Evaluation
Two Phase Evaluation
Instant Funding
Scaling Plan
Fees From$60
Account Sizes5K -200K
Min Forex SpreadNA
Commission Fee$3.50
Max Daily Loss0% - 5%
Profit Targets3% - 10%
Profit Share80% – 90%
Trading Platforms
Consistency Rules
Compulsory Stop Loss
High Impact News Trading
Expert Advisors / Automated Trading
FOREX
INDICES
COMMODITIES
CRYPTO
SHARES
With a score of 52/100, reflects its mixed strengths and weaknesses – while the prop firm provides flexible challenge options and instant funding, its high fees, unclear pricing details, and restrictive rules, like the payout lock after withdrawals, hold it back.
While experienced traders might navigate these limitations effectively, beginners may find the lack of transparency and educational resources challenging. Lark Funding is most suitable for traders confident in their strategies and risk management, but its policies may not suit everyone.
Lark Funding offers four distinct funding models: Instant Funding, One Step Challenge, Two Step Challenge, and Three Step Challenge.
Each model is designed to cater to traders with different preferences and trading styles, from those seeking immediate access to funds to those who prefer structured evaluations.
| Feature | 1-Stage Challenge | 2-Stage Challenge | 3-Stage Challenge | Instant Funding |
|---|---|---|---|---|
| Account Sizes | $5K - $200K | $5K - $200K | $5K - $200K | $5K - $100K |
| Fees | $75 - $1,000 | $95 - $1,000 | $60 - $700 | $200 - $4,500 |
| Profit Split | 80% | 80% | 80% | 80% |
| Profit Split Add-On | 20% Fee to Increase to 90% | 20% Fee to Increase to 90% | 20% Fee to Increase to 90% | 20% Fee to Increase to 90% |
| Drawdown Type | Static Drawdown | Static Drawdown | Static Drawdown | Trailing Drawdown |
| Max Drawdown | 6% | 10% | 5% | 5% |
| Daily Drawdown | 5% | 5% | No Daily Drawdown | 5% |
| Leverage | 1:10 | 1:25 | 1:15 | 1:15 |
| Payout Frequency | Every 14 days | Every 14 days | Weekly | First payout on-demand, then every 30 days |
| Evaluation Phases | Single Phase | 2 Phases (8% + 5%) | 3 Phases (5% + 4% + 3%) | None (Instant Funding) |
| Weekend Trading | 10% Fee for Weekend Hold Add-On | 10% Fee for Weekend Hold Add-On | 10% Fee for Weekend Hold Add-On | 10% Fee for Weekend Hold Add-On |
The Instant Funding program is designed for traders who want immediate access to a funded account without completing any evaluation phases. This model provides funding from $5,000 to $100,000, with fees ranging from $200 to $4,500 depending on the account size.
You can start earning profits immediately with an 80% split, which can be increased to 90% through an add-on fee. The model includes a 5% trailing drawdown, which adjusts with account growth but does not reset after payouts.
While the trailing drawdown requires disciplined risk management, the lack of evaluation phases and the ability to request the first payout on demand make this option ideal for experienced traders ready to trade profitably from day one.
| Account Size | Challenge Fee | Max Drawdown | Daily Drawdown |
|---|---|---|---|
| $5,000 | $200 | $250 | $250 |
| $10,000 | $400 | $500 | $500 |
| $25,000 | $1,125 | $1,250 | $1,250 |
| $50,000 | $2,250 | $2,500 | $2,500 |
| $100,000 | $4,500 | $5,000 | $5,000 |
The One Step Challenge simplifies the evaluation process, requiring traders to meet a 10% profit target with a 6% static drawdown and a 5% daily drawdown limit. Account sizes range from $5,000 to $200,000, with fees between $75 and $1,000.
This challenge is suited for traders who can achieve strong, consistent performance in a single phase, without the complexity of additional stages. Once the profit target is reached, you become funded and can begin earning biweekly payouts.
With straightforward rules and no time limits, this challenge offers a streamlined path to funding while maintaining risk management boundaries.
| Account Size | Challenge Fee | Max Drawdown | Daily Drawdown | Profit Target |
|---|---|---|---|---|
| $5,000 | $75 | $300 | $250 | $500 |
| $10,000 | $105 | $600 | $500 | $1,000 |
| $25,000 | $225 | $1,500 | $1,250 | $2,500 |
| $50,000 | $325 | $3,000 | $2,500 | $5,000 |
| $100,000 | $525 | $6,000 | $5,000 | $10,000 |
| $200,000 | $1,000 | $12,000 | $10,000 | $20,000 |
The Two Step Challenge introduces a more traditional evaluation format, with two phases designed to assess consistency. Phase 1 requires an 8% profit target, followed by a 5% target in Phase 2. Both phases are governed by a 10% static drawdown and a 5% daily drawdown.
Account sizes range from $5,000 to $200,000, with fees between $95 and $1,000. This model rewards steady, disciplined trading, making it suitable for those who want to demonstrate consistency over time.
Payouts begin 14 days after funding, with profit splits starting at 80%. The Two Step Challenge balances a structured evaluation with realistic drawdown limits and profit targets.
| Account Size | Challenge Fee | Max Drawdown | Daily Drawdown | Stage 1 Profit Target | Stage 2 Profit Target |
|---|---|---|---|---|---|
| $5,000 | $95 | $500 | $250 | $400 | $250 |
| $10,000 | $150 | $1,000 | $500 | $800 | $500 |
| $25,000 | $225 | $2,500 | $1,250 | $2,000 | $1,250 |
| $50,000 | $325 | $5,000 | $2,500 | $4,000 | $2,500 |
| $100,000 | $525 | $10,000 | $5,000 | $8,000 | $5,000 |
| $200,000 | $1,000 | $20,000 | $10,000 | $16,000 | $10,000 |
The Three Step Challenge provides the most gradual evaluation process, with three phases requiring progressively lower profit targets of 5%, 4%, and 3%. This model offers maximum flexibility, with no daily drawdown and a static 5% overall drawdown.
Account sizes range from $5,000 to $200,000, with fees starting at $60 and going up to $700. The absence of daily drawdown limits makes this challenge attractive for traders who prefer a slower, more flexible approach to meeting profit targets.
Weekly payouts begin once you are funded, with the standard 80% profit split available and an optional upgrade to 90%. The Three Step Challenge may be a good option if you want lower pressure and a structured path to funding.
| Account Size | Challenge Fee | Max Drawdown | Phase 1 Profit Target | Phase 2 Profit Target | Phase 3 Profit Target | Daily Drawdown |
|---|---|---|---|---|---|---|
| $5,000 | $60 | $250 | $250 | $200 | $150 | No daily drawdown |
| $10,000 | $105 | $500 | $500 | $400 | $300 | No daily drawdown |
| $25,000 | $175 | $1,250 | $1,250 | $1,000 | $750 | No daily drawdown |
| $50,000 | $240 | $2,500 | $2,500 | $2,000 | $1,500 | No daily drawdown |
| $100,000 | $370 | $5,000 | $5,000 | $4,000 | $3,000 | No daily drawdown |
| $200,000 | $700 | $10,000 | $10,000 | $8,000 | $6,000 | No daily drawdown |
Lark Funded does not offer a scaling plan currently.
Verdict on Challenges
Lark Funding offers various challenges, including Instant Funding and multi-phase evaluations. While flexible, their fees are higher than competitors like DNA Funded. The challenges cater to traders with different risk tolerances, but tight risk limits and costs should be carefully considered before committing.
Lark Funding’s pricing and fee structure leaves several key details unclear, making it harder for traders to assess how competitive it really is.
Lark Funding advertises raw spreads for forex trading but does not provide specifics on average or minimum spreads. While ThinkMarkets is mentioned as a potential liquidity source, the exact providers are not fully disclosed.
Without this transparency, it’s unclear how competitive these spreads are compared to alternate broker-backed prop firm. The lack of detail also means traders are unable to estimate trading costs accurately, which is critical for those working with tight risk management strategies.
Forex and Metals trades incur a fixed commission fee of $7 per standard lot, while Crypto, Indices, and Oil are commission-free. While the fixed commission fee is clear, the lack of spread transparency raises questions about potential hidden costs in commission-free instruments. These costs could be embedded in the wider spreads offered on these markets.
It’s important to note that all accounts provided by Lark Funding are demo accounts operating in a simulated trading environment. Traders never execute trades in live markets with real money, even in the funded account stage, meaning all trading activity occurs within a controlled simulation.
Verdict on Fees and Pricing
While the commission fees are predictable, the lack of transparency around spreads, pricing sources, and execution creates uncertainty for traders. Compared to other firms that disclose full pricing details, this lack of clarity may make it difficult for traders to plan and optimise their strategies effectively.
Lark Funding provides access to a variety of asset classes for demo trading:
Verdict on Markets
Lark Funding offers a solid range of markets, but the leverage limits may feel restrictive for some traders. While the option to increase leverage on Forex and Metals adds flexibility, higher leverage across more asset classes would give them a higher score here.
Lark Funding offers two trading platforms: cTrader and DXTrade, but provides no platform-specific guides or resources to help traders get started.
While both platforms are solid choices, the lack of detailed information or tutorials from Lark Funding means traders might need to rely on external resources to fully utilise the tools available.
Lark Funding enforces clear trading rules to ensure responsible and fair trading practices. Expert Advisors (EAs) and news trading are allowed, except those designed for high-frequency trading (HFT) or arbitrage strategies.
You aren’t allowed to engage in the following trading strategies:
You must adhere to these rules to avoid disqualification and remain eligible for payouts.
Verdict on Trading Platforms
Lark Funding provides cTrader and DXTrade, both strong platforms for different trader preferences, but lacks platform-specific guides or support. cTrader suits experienced traders with advanced tools and automation features, while DXTrade is more accessible for traders seeking a simpler experience. However, the absence of tutorials or detailed resources may hinder traders from fully utilising these platforms, requiring external research to bridge the gap.
Lark Funding receives approximately 3,600 monthly Google searches, placing it 46th in global prop firm search volume. Website data from Similarweb in March 2025 backs this modest presence, with the firm ranking 49th in total web visits, attracting just 24,742 monthly users worldwide. While not a top performer in terms of visibility, this interest level shows that Lark Funding is gaining traction, especially considering the firm only recently began expanding its Instant Funding and multi-phase offerings.
Much of the search traffic comes from India, the United States, and Pakistan, suggesting Lark Funding is resonating in markets where retail traders are seeking flexible entry points to funded accounts.
However, its lower ranking reflects potential friction points like the payout lock rule, higher challenge fees, and the absence of a scaling plan, which may deter traders researching multiple firms. As more prop firms prioritise transparent pricing and supportive infrastructure, Lark’s long-term growth may depend on refining its policies and offering clearer guidance for new traders entering the space.
| Country | Q1 2025 Monthly Searches |
|---|---|
| India | 1,000 |
| United States | 590 |
| Pakistan | 390 |
| Nigeria | 320 |
| United Kingdom | 260 |
| Canada | 210 |
| South Africa | 170 |
| Kenya | 140 |
| Indonesia | 110 |
| Germany | 90 |
| Malaysia | 90 |
| France | 70 |
| Australia | 70 |
| Vietnam | 70 |
| Spain | 50 |
| Uzbekistan | 50 |
| Italy | 50 |
| Brazil | 50 |
| Philippines | 50 |
| Netherlands | 40 |
| Poland | 30 |
| Singapore | 30 |
| Austria | 10 |
| Cyprus | 10 |
| Hong Kong | 10 |
India
|
1,000
1st
|
United States
|
590
2nd
|
Pakistan
|
390
3rd
|
Nigeria
|
320
4th
|
United Kingdom
|
260
5th
|
Canada
|
210
6th
|
South Africa
|
170
7th
|
Kenya
|
140
8th
|
Indonesia
|
110
9th
|
Germany
|
90
10th
|
Lark Funding offers a range of payment and payout options like credit cards and crypto payments, but the processes and policies come with specific conditions that traders should be aware of.
Lark Funding accepts credit cards, debit cards, and cryptocurrencies for challenge fee payments, with crypto payments processed securely via Coinbase. This flexibility ensures accessibility for traders worldwide, but no further details on transaction fees or processing times are provided.
Once funded, you can request payouts based on your selected challenge. Instant Funding allows payouts on demand, while other programs impose a 7-14 day waiting period before the first withdrawal. Afterward, payouts are available weekly or monthly, depending on your challenge type.
The minimum withdrawal is $100 which is quite high, but it also comes with a $40 flat fee for processing! It’s all processed through Wise or Riseworks, typically completed in 1-3 business days, but the fees are extortionate.
One thing we stress traders to be aware of is that upon the first payout request, the maximum drawdown locks at the initial account balance. This means that any withdrawal reduces the available drawdown buffer for future trades, which could increase the risk of breaching the account.
While this policy encourages disciplined risk management and account growth, it can be limiting, particularly for traders seeking frequent payouts. Lark Funding emphasizes that maintaining a buffer before requesting payouts can help avoid these challenges, but it remains a restrictive rule compared to other firms.
Verdict on Payments and Payouts
Lark Funding’s payment options are flexible, and the option for on-demand payouts in Instant Funding is appealing. However, the drawdown lock rule after the first payout and the lack of transparency around transaction fees may deter traders focused on long-term account growth or frequent withdrawals. This makes the payout process less trader-friendly compared to firms without similar restrictions.
Lark Funding offers minimal customer support and educational resources, which may leave traders seeking more guidance or immediate assistance.
Lark Funding’s customer support is limited to email and an online contact form, with no live chat staffed by an actual support team. While a chatbot is available, it only directs users to the FAQ section, offering no personalised assistance. Support is not available 24/7, which could be frustrating for traders who need immediate help, especially across different time zones.
Educational resources are sparse. The FAQ section provides basic answers to common questions, but beyond that, there are no tutorials, webinars, or platform-specific guides to help traders navigate the system or improve their trading skills. Traders may need to rely on external resources to fill these gaps.
Verdict on Support
Lark Funding’s customer service and education options are underwhelming compared to other prop firms. The lack of live support and comprehensive educational tools could be a disadvantage for traders who need extra guidance or immediate assistance during challenges.
Lark Funding combines a solid Trustpilot reputation with an engaged online trading community, though certain policies and gaps in resources may limit its appeal for some traders. Its efforts to maintain communication and build trust are reflected in its review scores and active Discord presence, but challenges remain in providing more comprehensive support.
Lark Funding holds a Trustpilot score of 4.5 out of 5, based on over 500 reviews. Most reviews praise the firm for its reliable payouts, transparent communication, and helpful customer support. Positive experiences include traders receiving payouts quickly and efficiently, even during peak holiday periods.
However, some reviews mention drawbacks, such as the payout lock rule that adjusts drawdown levels after withdrawals, which some traders find limiting. There have also been isolated complaints about delays in issuing funded accounts, but the majority acknowledge the firm’s commitment to resolving issues.
Lark Funding has cultivated an active Discord community with over 14,500 members, making it a valuable hub for traders. The server features channels dedicated to announcements, promotions, payout discussions, and support, enabling members to stay updated and connect with fellow traders.
While the community fosters collaboration and peer support, it lacks detailed educational resources or beginner guides, which might leave new traders relying on external materials.
Verdict on Trust and Community
Lark Funding’s strong Trustpilot score and an engaged community make it a reliable choice for experienced traders. However, the payout lock rule and absence of structured educational content are notable limitations. The Discord server is a valuable resource for connecting with peers but could be enhanced with more learning tools for newcomers.
Signing up with Lark Funding involves a structured process designed to ensure traders are ready to meet the firm’s evaluation standards. Whether you’re opting for a single-phase challenge or a more gradual three-step process, the steps include choosing your account type, meeting the profit targets, and securing a funded account.
Here’s a step-by-step guide to get started:
Lark Funding provides a variety of challenges and a functional trading community, but its policies and lack of transparency may not suit all traders. The payout lock rule and unclear pricing structure make it harder to plan for long-term growth, while limited customer support and the absence of educational resources leave gaps for those who need guidance.
For traders prioritising transparency, lower fees, and broker-backed reliability, firms like DNA Funded and IC Funded may be better options. These firms often offer more competitive pricing, clearer trading conditions, and stronger support systems, making them a better choice for both new and experienced traders.
Lark Funding is based in Canada and offers funded trading accounts through evaluation challenges. While it provides global access to various markets like forex and crypto, it doesn’t rank among the best prop firms in Canada. due to its higher fees and restrictive policies compared to more competitive options.
Lark Funding is led by CEO Matt L and operates as a Canada-based proprietary trading firm. While the exact ownership structure of the company is not publicly disclosed, it is managed by a team focused on offering funded trading accounts through various evaluation models. Unlike broker-backed prop firms, Lark Funding operates independently, without direct ties to a brokerage, which may impact its trading conditions and transparency.
Lark Funding allows copy trading only between funded accounts, not during evaluation. You can copy trades across multiple funded accounts once you pass the evaluation process, however copying trades between two or more evaluation accounts is strictly prohibited, and each evaluation must be passed individually.
Lark Funding typically processes withdrawal requests within 1-3 business days via platforms like Wise or Riseworks. Payout frequency depends on the challenge type—biweekly for some accounts and monthly for others. Instant funding accounts allow on-demand payouts, but all withdrawals are subject to a minimum of $100 and the drawdown lock rule. This policy reduces the available drawdown buffer after withdrawals, which can make managing future trades more restrictive.
