Lark Funding
Canadalarkfunding.com
Lark Funding is a Canada-based proprietary trading firm established in June 2022, offering Instant, 1-Step, and 3-Step evaluation and funding programs through cTrader, DXTrade, and Match-Trader. Account sizes range from $5,000 up to a stated maximum of $1 million, with challenge examples in the supplied data extending to $200,000. Traders can access more than 40 Forex pairs, more than 100 crypto derivatives, and equities from major markets including the United States, Australia, the London Stock Exchange, and XETRA. The firm's standout feature is its 1-Step Smart Restart Guarantee: each eligible evaluation includes up to four attempts, and traders who fail while keeping no single-trade loss above 1% and overall drawdown better than -5% can receive a 100% discount toward a replacement evaluation, usable up to three times per purchased evaluation. Standard profit split is 80% on 1-Step and 3-Step (up to 90% with an add-on), while Instant Funding defaults to a 90% split. The 1-Step program also includes a monthly rewards structure, paying a fixed amount ($50 on a $10K account up to $1,000 on a $200K account) to traders who keep drawdown better than -3.5% and record at least three profitable days of 0.5% or more within each 30-day period. Payouts are processed through RiseWorks, subject to a $100 minimum payout, a $40 processing fee, and a firm-wide $10,000 maximum withdrawal per 30-day cycle regardless of account count. The firm applies no minimum trading-day requirement across any program, but does require an active stop loss on trade entry (removable via add-on except on DXTrade), restricts weekend holding to a paid add-on, and imposes a $10,000 daily/per-trade gain limit with escalating consequences (Phase 1 restart on evaluation accounts; exclusion from payout and eventual account breach on funded accounts). The supplied information does not provide sufficient evidence to independently establish Lark Funding's regulatory authorization or licensing status, so it should not be described as a regulated financial institution unless separately verified.
Challenge Programs
1-Stage Evaluation (1-Step)
3-Stage Evaluation (3-Steps)
| Account | Steps | Target | Daily loss | Max Loss | Split | Price | |
|---|---|---|---|---|---|---|---|
| $10,000 | 3 Steps | 5% (Stage 1) / 4% (Stage 2) / 3% (Stage 3) | None | 5% (Static) | 80% | $105.00$99.75 | Buy |
| $25,000 | 3 Steps | 5% (Stage 1) / 4% (Stage 2) / 3% (Stage 3) | None | 5% (Static) | 80% | $175.00$166.25 | Buy |
| $50,000 | 3 Steps | 5% (Stage 1) / 4% (Stage 2) / 3% (Stage 3) | None | 5% (Static) | 80% | $280.00$266.00 | Buy |
| $100,000 | 3 Steps | 5% (Stage 1) / 4% (Stage 2) / 3% (Stage 3) | None | 5% (Static) | 80% | $370.00$351.50 | Buy |
| $200,000 | 3 Steps | 5% (Stage 1) / 4% (Stage 2) / 3% (Stage 3) | None | 5% (Static) | 80% | $750.00$712.50 | Buy |
Instant Funding
| Account | Steps | Target | Daily loss | Max Loss | Split | Price | |
|---|---|---|---|---|---|---|---|
| $5,000 | Instant | None | 5% | 8% (Trailing Balance) | 90% | $200.00$190.00 | Buy |
| $10,000 | Instant | None | 5% | 8% (Trailing Balance) | 90% | $400.00$380.00 | Buy |
| $25,000 | Instant | None | 5% | 8% (Trailing Balance) | 90% | $1,125.00$1,068.75 | Buy |
| $50,000 | Instant | None | 5% | 8% (Trailing Balance) | 90% | $2,750.00$2,612.50 | Buy |
| $100,000 | Instant | None | 5% | 8% (Trailing Balance) | 90% | $4,500.00$4,275.00 | Buy |
Payment Methods
- Credit/Debit Card
- Cryptocurrency
Payouts are processed through RiseWorks; traders should confirm RiseWorks supports their country or region. Availability may vary by trader location and payment provider.
Pros & Cons
CREDITS15
- Broad multi-asset coverage across Forex, metals, indices, energy, crypto, and stocks
- Three platform choices: cTrader, DXTrade, and Match-Trader
- Account sizes extend up to $1 million according to the supplied firm information
- No minimum trading-day requirement across programs
- EAs are permitted, subject to the firm's restrictions
- Copy trading between accounts owned by the same trader is permitted
- News trading is generally allowed
- Weekend holding can be enabled through an add-on
- 1-Step Smart Restart Guarantee provides additional evaluation attempts under qualifying risk conditions
- 80% standard profit split with 90% available through an add-on on applicable programs
- Instant Funding offers a 90% default profit split
- 1-Step monthly rewards provide an additional recurring reward structure
- No commission on indices, energy, and crypto
- Access to major international equity markets
- Scaling plan can increase account size by 25% after meeting stated performance requirements, with a stated path toward $1 million
DEBITS12
- Forex and metals commissions of $7 per lot are higher than the rates listed by some other firms in this comparison
- Weekend holding requires an add-on
- Large gains above the $10,000 daily/per-trade threshold are subject to restrictions
- A $10,000 maximum withdrawal per 30-day cycle limits larger payouts
- Minimum stop-loss requirements can restrict some discretionary trading styles
- Stock traders face additional restrictions around earnings, dividends, and corporate actions
- Martingale trading is prohibited under the firm's prohibited-strategy rules
- HFT, arbitrage, reverse trading between accounts, group hedging, and gambling-style trading are prohibited
- The 1-Step Smart Restart has strict eligibility requirements
- Payouts are processed through RiseWorks, meaning availability depends on the trader's country and region
- EAs are permitted, but there is no public API and connections are made at the trader's own risk
- Insufficient information in the supplied data to independently establish regulatory authorization or licensing status
Trading Rules
- Three program formats: Instant, 1-Step, and 3-Step
- No minimum trading days across all programs
- Stop loss is required when entering a trade; the system can automatically close trades without an active stop loss, with the requirement removable through an add-on except on DXTrade
- News trading is allowed, but large position sizes around high-impact news can violate the firm's All-or-Nothing trading rules
- Expert Advisors are permitted, but HFT and arbitrage EAs are prohibited; Lark Funding does not provide a public API, so connections are made at the trader's own risk
- Copy trading is allowed between accounts owned by the same trader, including certain combinations involving other prop firms and personal brokerage accounts
- Copy trading from an external account is limited to a single Lark evaluation account at a time
- At least one trade must be placed every 30 days to avoid an inactivity-related breach
- A recommended maximum risk of 1.5% per simulated trade idea is provided
- Overall margin utilization is limited to 50% for Forex and metals, and 75% for indices, oils, crypto, and stocks
- Weekend holding is normally prohibited unless the weekend-holding add-on is purchased; the add-on also permits crypto trading over weekends, subject to specified trading breaks
- Single-share equity CFD positions cannot be held through earnings, dividends, or other corporate actions; such positions must be closed by the firm's stated deadline, with violations resulting in a hard breach
- 1-Step Smart Restart Guarantee: up to four attempts per eligible evaluation, with a 100% discount toward a replacement evaluation if the failure keeps single-trade loss under 1% and overall drawdown better than -5%, usable up to three times per purchased evaluation
- Scaling: traders generating 10% over four months while meeting monthly payout requirements can receive a 25% increase in account capital, with a stated path toward $1 million
Restricted strategies
Lark Funding is comparatively permissive on EA use and copy trading (between a trader's own accounts) but prohibits HFT and arbitrage EAs, martingale, reverse trading between accounts, group hedging, and gambling-style trading. It also imposes a mandatory stop loss at entry and a stock-specific rule against holding single-share CFD positions through corporate events.
News trading
- EvaluationAllowed
Allowed, but large position sizes around high-impact news can violate the firm's All-or-Nothing trading rules.
- FundedAllowed
Same condition applies at the funded stage: allowed, but subject to the All-or-Nothing rules around large position sizes near high-impact news.
Payouts & Trading Costs
- Payout frequency
- Instant Funding: on-demand for the first payout, then every 30 days. 1-Step: bi-weekly, with a weekly option via add-on. 3-Step: bi-weekly, up to 90% split with add-on, weekly option via add-on.
- Processing time
- Most payouts under 6 hours; allow up to 3 business days
- Profit split
- Up to 90% — 1-Step and 3-Step run at 80% standard, up to 90% with an add-on on applicable programs. Instant Funding defaults to 90%.
- Payout routing
- RiseWorks (Rise)
- Minimum withdrawal
- $100 general minimum payout.
- Trading costs
- Forex: $7 per lot. Metals: $7 per lot. Indices: no commission. Energy: no commission. Cryptocurrency: no commission. Stocks: $0.02 (2 cents) per share. · No commission is listed for Indices, Energy, or Cryptocurrency; Forex and Metals carry the highest per-lot commission ($7) among the firms compared, and Stocks are charged per share rather than per lot.
Trust & Safety
Lark Funding is a Canada-based proprietary trading firm established in June 2022, operating through a liquidity-provider broker relationship on cTrader, DXTrade, and Match-Trader. The firm provides detailed information covering leverage, commissions, payout conditions, risk management, copy trading, EA usage, news trading, inactivity, and prohibited strategies, giving traders substantial visibility into its operational conditions. The firm's Smart Restart Guarantee, payout rules, and risk limits are documented in detail, and it describes a scaling system under which traders generating 10% over four months while meeting monthly payout requirements can receive a 25% increase in account capital, with a stated path toward $1 million.
- Legal entity
- Lark Dashboards Inc., Canada (Quebec) — the current legal operator; Lark Funding Inc. licenses the brand.
- Regulated
- No
Trading carries risk. Evaluation programs like this one involve simulated accounts and non-refundable fees; review the firm’s current terms directly before purchasing. This page is informational and not financial advice.