Lark Funding Review
VerifiedOur Final Verdict On Lark Funding
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.
BPF Score
Trustpilot: 4.5/5
★ (500)
From $60
Challenge Types
1-step, 2-step, 3-step, instant
Profit Split
90%
Challenge Fees
Starting from $60
Trading Platforms
cTrader, DXTrade
Independent Review
Our Rating
Challenges
Spreads
Markets
Payouts
Platforms
Support
Trust
Pros
- Instant funding accounts with no evaluation required
- No time limits on completing evaluations
- Four distinct challenge types to match different styles
- EAs and news trading allowed
- Stock CFDs available (~141 options)
- Leverage upgrades available at checkout
Cons
- No scaling plan available
- Payout lock rule reduces drawdown buffer after withdrawals
- $40 flat withdrawal processing fee
- No live chat or 24/7 customer support
- Higher challenge fees than some competitors
- Limited educational resources
Best For
Experienced traders who want flexible evaluation choices including instant funding, stock trading access, and are comfortable managing the payout lock drawdown rule
Not Ideal For
Beginners needing guidance, traders seeking low fees and transparent pricing, or those who want a scaling plan and live customer support
Our Take on Lark Funding
Lark Funding scored 52/100 overall. It's a Canada-based prop firm offering four distinct funding models — Instant Funding, One Step, Two Step, and Three Step challenges — with account sizes from $5,000 to $200,000. While the variety of challenge options and instant funding availability are appealing, higher fees, the restrictive payout lock rule, and limited customer support hold it back.
The firm accepts EAs and news trading, but prohibits martingale, grid trading, and HFT strategies. All trading takes place in a simulated environment. For traders prioritising transparency, lower fees, and stronger support, there are better options available — but Lark Funding may suit experienced traders who are confident in their strategies and risk management.
Key Facts
| Evaluation Types | 1-step, 2-step, 3-step, instant |
| Max Payout Split | 90% |
| Payout Schedule | Weekly to every 30 days (varies by challenge type) |
| First Payout | — |
| Daily Drawdown | 5% |
| Max Drawdown | 10% |
| Platforms | cTrader, DXTrade |
| News Trading | Allowed |
| Weekend Holding | Not Allowed |
| Copy Trading | Allowed |
| Expert Advisors (EAs) | Allowed |
| Trustpilot | 4.5/5 (500 reviews) |
Challenge Accounts
Lark Funding offers four distinct funding models: Instant Funding, One Step Challenge, Two Step Challenge, and Three Step Challenge. Each model caters to traders with different preferences and risk tolerances, from those seeking immediate funding to those who prefer structured multi-phase evaluations.
All challenge types offer an 80% profit split by default, with the option to upgrade to 90% by paying an additional 20% of the challenge fee. Account sizes range from $5,000 to $200,000 (up to $100,000 for Instant Funding), with fees starting from $60 and going up to $4,500.
Instant Funding
Account sizes from $5,000 to $100,000 with fees from $200 to $4,500. No evaluation required — start trading and earning immediately. 5% trailing drawdown, 5% daily drawdown, 80% profit split (90% with add-on). First payout on demand, then every 30 days.
Ideal for experienced traders ready to trade profitably from day one
One Step Challenge
Account sizes from $5,000 to $200,000 with fees from $75 to $1,000. 10% profit target, 6% static drawdown, 5% daily drawdown, 1:10 leverage. No time limits. Biweekly payouts once funded.
Suited for traders who can achieve strong performance in a single evaluation phase
Two Step Challenge
Account sizes from $5,000 to $200,000 with fees from $95 to $1,000. Phase 1: 8% target, Phase 2: 5% target. 10% static drawdown, 5% daily drawdown, 1:25 leverage. No time limits. Biweekly payouts once funded.
Good for traders wanting to demonstrate consistency over two phases with more relaxed drawdown
Three Step Challenge
Account sizes from $5,000 to $200,000 with fees from $60 to $700. Phase 1: 5%, Phase 2: 4%, Phase 3: 3% targets. 5% static drawdown, no daily drawdown, 1:15 leverage. No time limits. Weekly payouts once funded.
Lowest fees and no daily drawdown — ideal for conservative traders who prefer a gradual path
Challenge Comparison
| Attribute | Instant | 1-Step | 2-Step | 3-Step |
|---|---|---|---|---|
| Account Sizes | $5K – $100K | $5K – $200K | $5K – $200K | $5K – $200K |
| Fee Range | $200 – $4,500 | $75 – $1,000 | $95 – $1,000 | $60 – $700 |
| Evaluation Phases | None | 1 Phase | 2 Phases | 3 Phases |
| Profit Target | — | 10% | 8% / 5% | 5% / 4% / 3% |
| Max Drawdown | 5% Trailing | 6% Static | 10% Static | 5% Static |
| Daily Drawdown | 5% | 5% | 5% | None |
| Leverage | 1:15 | 1:10 | 1:25 | 1:15 |
| Drawdown Type | Trailing | Static | Static | Static |
| Profit Split | 80% (90%) | 80% (90%) | 80% (90%) | 80% (90%) |
| Payout Frequency | On-demand / 30 days | Every 14 days | Every 14 days | Weekly |
| Weekend Holding | 10% Add-On | 10% Add-On | 10% Add-On | 10% Add-On |
| Time Limit | Unlimited | Unlimited | Unlimited | Unlimited |
Instant Funding Fees
| Account Size | Challenge Fee | Max Drawdown (5%) | Daily Drawdown (5%) | Profit Split |
|---|---|---|---|---|
| $5,000 | $200 | $250 | $250 | 80% (90%) |
| $10,000 | $400 | $500 | $500 | 80% (90%) |
| $25,000 | $1,125 | $1,250 | $1,250 | 80% (90%) |
| $50,000 | $2,250 | $2,500 | $2,500 | 80% (90%) |
| $100,000 | $4,500 | $5,000 | $5,000 | 80% (90%) |
One Step Challenge Fees
| Account Size | Challenge Fee | Profit Target (10%) | Max Drawdown (6%) | Daily Drawdown (5%) | Profit Split |
|---|---|---|---|---|---|
| $5,000 | $75 | $500 | $300 | $250 | 80% (90%) |
| $10,000 | $105 | $1,000 | $600 | $500 | 80% (90%) |
| $25,000 | $225 | $2,500 | $1,500 | $1,250 | 80% (90%) |
| $50,000 | $325 | $5,000 | $3,000 | $2,500 | 80% (90%) |
| $100,000 | $525 | $10,000 | $6,000 | $5,000 | 80% (90%) |
| $200,000 | $1,000 | $20,000 | $12,000 | $10,000 | 80% (90%) |
Two Step Challenge Fees
| Account Size | Challenge Fee | Phase 1 (8%) | Phase 2 (5%) | Max Drawdown (10%) | Profit Split |
|---|---|---|---|---|---|
| $5,000 | $95 | $400 | $250 | $500 | 80% (90%) |
| $10,000 | $150 | $800 | $500 | $1,000 | 80% (90%) |
| $25,000 | $225 | $2,000 | $1,250 | $2,500 | 80% (90%) |
| $50,000 | $325 | $4,000 | $2,500 | $5,000 | 80% (90%) |
| $100,000 | $525 | $8,000 | $5,000 | $10,000 | 80% (90%) |
| $200,000 | $1,000 | $16,000 | $10,000 | $20,000 | 80% (90%) |
Three Step Challenge Fees
| Account Size | Challenge Fee | Phase 1 (5%) | Phase 2 (4%) | Phase 3 (3%) | Max Drawdown (5%) | Daily DD |
|---|---|---|---|---|---|---|
| $5,000 | $60 | $250 | $200 | $150 | $250 | None |
| $10,000 | $105 | $500 | $400 | $300 | $500 | None |
| $25,000 | $175 | $1,250 | $1,000 | $750 | $1,250 | None |
| $50,000 | $240 | $2,500 | $2,000 | $1,500 | $2,500 | None |
| $100,000 | $370 | $5,000 | $4,000 | $3,000 | $5,000 | None |
| $200,000 | $700 | $10,000 | $8,000 | $6,000 | $10,000 | None |
Optional Add-Ons
- 90% Profit Split: Pay an additional 20% of the challenge fee to upgrade from 80% to 90% profit split
- Weekend Holding: Pay an additional 10% of the challenge fee to hold positions over weekends
- Leverage Upgrade: Upgrade Forex and Metals leverage from 1:15 to 1:30 at checkout
No Scaling Plan
Lark Funding does not currently offer a scaling plan. Your account size remains fixed at the level you purchased, regardless of performance.
Trading Rules
- Expert Advisors (EAs): Allowed, except those designed for HFT or arbitrage strategies
- News Trading: Allowed during all phases
- All-Or-Nothing Trading: Prohibited — excessive margin use or trades risking drawdown breaches; $10,000 daily gain cap
- Martingale Trading: Prohibited — increasing position sizes after losses to recover quickly
- Grid Trading: Prohibited — placing opposing buy/sell orders that create leverage or risk-free gains
- High-Frequency Trading: Prohibited — rapid execution algorithms for unfair advantages
- Hedging / Arbitrage: Prohibited — hedging positions across multiple accounts or with third parties
- Copy Trading: Allowed between funded accounts only — not during evaluation phases
- Weekend Holding: Available as a paid add-on (10% of challenge fee)
Verdict on Challenges
Lark Funding offers decent variety with four challenge types, including Instant Funding and a low-cost Three Step option. However, fees are higher than competitors like DNA Funded, particularly for the Instant Funding accounts. The challenges cater to different risk tolerances, but the lack of a scaling plan and tight drawdown limits should be carefully considered before committing.
Commission Fees & Pricing
Lark Funding's pricing and fee structure leaves several key details unclear, making it harder for traders to assess how competitive it really is. While the firm advertises raw spreads, specific details on average or minimum spreads are not disclosed.
Forex/Metals Commission
$7.00 / lot
Crypto Commission
Free
Indices Commission
Free
Oil Commission
Free
Commission Structure
| Instrument | Commission per Lot | Spread Type |
|---|---|---|
| Forex | $7.00 per standard lot | Raw (advertised) |
| Metals | $7.00 per standard lot | Raw (advertised) |
| Crypto | Commission-free | Not disclosed |
| Indices | Commission-free | Not disclosed |
| Oil | Commission-free | Not disclosed |
Spread Transparency
Lark Funding advertises raw spreads for forex 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. For commission-free instruments (Crypto, Indices, Oil), costs may be embedded in wider spreads.
Simulated Trading Environment
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.
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.
Financial Markets & Leverage
Lark Funding provides access to a variety of asset classes for demo trading, including forex, commodities, indices, cryptocurrencies, and stocks. Leverage varies by asset class and can be upgraded for forex and metals at checkout.
Forex Pairs
40+
Stock CFDs
~141
Asset Classes
5
Max Forex Leverage
1:30
Available Markets
- Forex: Over 40 major and minor currency pairs with 1:15 leverage (upgradeable to 1:30 at checkout)
- Commodities: Gold, Silver, and Oil with 1:15 leverage (upgradeable to 1:30)
- Indices: Global stock indices available with 1:10 leverage
- Cryptocurrencies: Popular crypto assets with limited 1:2 leverage
- Stocks: Approximately 141 stock CFDs available with 1:5 leverage
Leverage by Asset Class
| Asset Class | Default Leverage | Upgradeable |
|---|---|---|
| Forex | 1:15 | Yes (1:30) |
| Commodities (Metals) | 1:15 | Yes (1:30) |
| Indices | 1:10 | No |
| Cryptocurrencies | 1:2 | No |
| Stocks | 1:5 | No |
Verdict on Markets
Lark Funding offers a solid range of markets including stocks (~141 CFDs), which is a standout. However, the leverage limits may feel restrictive for some traders. While the option to increase leverage on Forex and Metals adds flexibility, the 1:2 crypto leverage and lack of upgrade options across most asset classes limit the appeal for high-leverage traders.
Trading Platforms
Lark Funding offers two trading platforms: cTrader and DXTrade. While both are solid choices, the firm provides no platform-specific guides or resources to help traders get started.
cTrader
Known for its clean interface, advanced charting, and algorithmic trading capabilities. Suitable for experienced traders who want deep market analysis tools and cBot support.
DXTrade
A more straightforward platform with integration options, ideal for traders looking for simplicity and efficiency. Web-based and accessible from any device.
No Platform Guides
Lark Funding does not provide platform-specific tutorials or setup guides. Traders will need to rely on external resources or the platforms' own documentation to get started and make the most of available features.
Verdict on Trading Platforms
Lark Funding provides cTrader and DXTrade — both strong platforms for different trader preferences. cTrader suits experienced traders with advanced tools and automation, while DXTrade is more accessible for simpler workflows. However, with only 2 platforms available and no guidance materials, the platform offering is more limited than competitors who support MT4/MT5 or provide comprehensive onboarding.
Payments & Profit Payout
Lark Funding offers a range of payment and payout options, but the processes and policies come with specific conditions that traders should be aware of — most notably the payout lock rule that reduces your drawdown buffer after withdrawals.
Profit Split
80% – 90%
Min Withdrawal
$100
Processing Fee
$40 flat
Processing Time
1-3 days
Profit Split Structure
- Standard split: 80% of profits kept by trader
- VIP upgrade: 90% profit split for an additional 20% of the challenge fee
- Minimum withdrawal: $100 with a $40 flat processing fee per withdrawal
Payout Schedule by Challenge Type
| Challenge Type | First Payout | Ongoing Schedule |
|---|---|---|
| Instant Funding | On demand | Every 30 days |
| One Step | After 14 days | Every 14 days |
| Two Step | After 14 days | Every 14 days |
| Three Step | After 7 days | Weekly |
Payment & Withdrawal Methods
Challenge Fee Payments
Credit cards, debit cards, and cryptocurrency (via Coinbase). Crypto payments processed securely.
Profit Withdrawals
Processed through Wise or Riseworks. Typically completed in 1-3 business days. $40 flat processing fee applies.
Payout Lock Rule
Upon your first payout request, the maximum drawdown locks at the initial account balance. This means any withdrawal reduces the available drawdown buffer for future trades, which could increase the risk of breaching the account. Lark Funding recommends maintaining a buffer before requesting payouts to avoid these challenges.
Verdict on Payments and Payouts
Lark Funding's payment options are flexible, and the on-demand first payout for Instant Funding is appealing. However, the $40 flat withdrawal fee, $100 minimum, and the drawdown lock rule after the first payout make the payout process less trader-friendly compared to firms without similar restrictions. The payout lock rule is particularly restrictive for traders focused on long-term account growth or frequent withdrawals.
Customer Service & Education
Lark Funding offers minimal customer support and educational resources, which may leave traders seeking more guidance or immediate assistance at a disadvantage.
Customer Support Channels
Email Support
Available for general enquiries and account-related issues. Response times not specified.
Contact Form
Online contact form available on the website for submitting queries.
Chatbot
Chatbot available but only redirects users to the FAQ section — no personalised assistance.
Live Chat
No live chat staffed by actual support team members. Not available 24/7.
Support Limitations
Lark Funding lacks live chat support with actual team members and does not offer 24/7 availability. The chatbot only directs users to the FAQ section without providing personalised help. This may be frustrating for traders who need immediate assistance, especially across different time zones.
Educational Resources
Limited Resources
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. Traders will 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 significant disadvantage for traders who need extra guidance or immediate assistance during challenges. Beginners especially may find the lack of onboarding resources challenging.
Trust & Community
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.
4.5/5
Trustpilot Score
Based on 500+ verified reviews
Most reviews praise reliable payouts, transparent communication, and helpful support. Some concerns raised about the payout lock rule and occasional delays in issuing funded accounts.
Trading Community
Discord Members
14,500+
Community Channels
Active
Educational Content
Limited
Lark Funding's Discord community of over 14,500 members features channels for announcements, promotions, payout discussions, and support. While the community fosters collaboration and peer support, it lacks detailed educational resources or beginner guides.
Popularity & Search Volume
Monthly Searches
3,600
Search Rank
46th
Monthly Visits
24,742
Traffic Rank
49th
Q1 2025 Branded Searches by Country
| Country | Monthly Searches | Rank |
|---|---|---|
| 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 |
Trust Signals
- 4.5/5 Trustpilot rating with 500+ verified reviews
- Active Discord community with 14,500+ members
- Positive reviews for reliable payouts and transparent communication
- Payout lock rule has drawn criticism from some traders
- Isolated complaints about delays in issuing funded accounts
- Limited educational content and no beginner guides in the community
Verdict on Trust and Community
Lark Funding's strong Trustpilot score and engaged community make it a relatively 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.
Our Final Verdict On Lark Funding
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.
Frequently Asked Questions
Data Sources
- https://larkfunding.com
Last reviewed 2026-02-27 · Data verified 2026-02-27