Trading Platforms
MT4, MT5
Overview of Lark Funding Prop Firm Review
Lark Funding is a forex-proprietary firm that entered the FX Scene in 2022 by offering funded trading challenges with no hidden rules and obscure limits and rules. At least that’s what the firm envisions. Having profit targets as low as 3-5% in different phases, and having no time limit or daily limit rule, this company’s value proposal can’t go unestimated from one glance. Within our Lark Funding review of the prop firm, we go through key metrics of the firm regarding safety, funding options, assets, fees, profit share, withdrawals, among many more.
Pros of Lark Funding Prop Firm
Simplified One-Stage Evaluation
Prop Firms like these usually do not have such features available but rather offer multi-stage or complex evaluation processes. Traders that aim to find access to capital through the Lark Funding Prop Firm could do so via the firm’s very streamlined one-stage evaluation process. The pre-simplified assessment reduces the time and effort one needs to invest in getting started with trading. Traders can prove their talent in the shortest time and get funded without going through tiresome phases. This efficiency allows traders to onboard quickly and start capitalizing on market opportunities sooner.
Lark Funding Prop Firm offers an extremely high profit-sharing ratio, wherein a trader can enjoy as much as 90% of the trading profit. The 90% profit share is amongst the most competitive within the industry and gives a huge chunk of the trader’s earnings to the traders. This high profit split offers maximum return potential for the traders and aligns the interests of the firm with the trader. This incentive boosts traders’ performance and helps them achieve their trading goals, enhancing profitability.
Diverse Trading Instruments
Lark Funding Prop Firm supports a wide range of trading instruments, which include forex, commodities, indices, Equity shares, precious metals and cryptocurrencies. A range of trading instruments offers a number of options for traders in the implementation of strategies and diversification of portfolios. With such a wide range of assets, the firm is able to meet various trading styles and preferences, allowing the trader to seize a number of markets and opportunities. Such are the beneficial avenues toward more positive risk management, based on various market conditions.
Integration with MetaTrader Platform
The company is integrated into the very popular MetaTrader trading platforms, MT4 and MT5. MetaTrader platforms are overall extremely popular and offer wide functionality for trading, including professional charts, a great deal of technical indicators, and even the ability to perform automated trading. Integration with MT4 and MT5 ensures traders get a powerful and well-known environment to analyze markets, execute trades, and implement trading strategies with ease.
Partnership with Reputable Eightcap
Lark Funding Prop Firm is proud to announce its partnership with one of the most well-known and respected brokers in the trading industry: Eightcap.
This will be beneficial in that the partnership with Eightcap avails to the traders a well-established and trusted brokerage service. The excellent reputation for execution, spreads at competitive levels, and solid customer support lends credibility to reliability in trading experience with Lark Funding. This collaboration enhances the overall trading environment, giving traders greater confidence in both brokerage services and the trading infrastructure.
Comprehensive mobile app
Lark’s mobile app offers the same experience as the desktop version, providing all necessary tools in one place and reducing reliance on other apps
Cons of Lark Funding Prop Firm
Program-Related Costs
Some particular costs may apply concerning the Lark Funding Prop Firm trading programs. These can be one-time setup fees, periodic subscription charges, or further additions of features and services that come at a fee. Although the firm has a good profit share with a straightforward evaluation procedure, the trader needs to be made aware of any costs that can eventually affect profitability. Being aware of these costs in advance will help the traders make better decisions and appreciate the funding program more.
Drawdown Limits and Rules
Description: The Prop Firm, Lark Funding has some drawdown limits and rules in place to manage risk to protect the firm’s capital. Traders should be aware of the limit on drawdowns so they do not reach their predetermined amount of loss. Restrictions have been considered to ensure prudent risk management and prevent excessive losses. It’s crucial to understand and follow these guidelines to maintain funded status and achieve consistent trading success.
Performance-Based Compensation
Compensation is performance-based, with traders earning based on their trading success. The traders have a performance-based incentive system where their targets can be pegged on a profit number to hit or beat. Traders earn based on their success, so it’s in the firm’s best interest to ensure they perform well.
Evaluation Process
Lark Funding has three different evaluation programs: 1 stage, 2 stage, and 3 stage. Each of these has its rules and is based on fulfilling some particular requirements. Let’s take a look at all three options to figure out which might suit your trading style and goals. After evaluation and upon passing, Lark Funding allocates to the traders simulated-demo accounts using virtual funds. These accounts use real market data but don’t involve actual trading. When traders use this account, their trading information is relayed to some partner proprietary trading firm. It always remains at the discretion of this firm whether to replicate these trades in a live market.
Frequently Asked Questions (FAQs)
What is Lark Funding Prop Firm?
Lark Funding is a brand-new prop trading company that started in June 2022. It is led by Matt L, a well-recognised trader and YouTube personality. Unlike most industry solutions, this initiative stands out by helping traders overcome challenges like tight deadlines and complex legal systems. Lark Funding offers sample accounts, with performance-based payouts up to $600,000 for traders. The highest priorities of the team are customer satisfaction and success, headed by Matt L. and other seasoned professionals. This company stands out from its competitors due to their innovative, time-saving evaluation process and excellent service.
How Does Lark Funding Handle Withdrawals?
Withdrawals at Lark Funding can be initiated after 14 days of receiving a simulated funded account. Subsequently, traders can withdraw profits every 7 days.
What reliable broker does Lark Funding Prop Firm?Â
Lark Funding works with EightCap, a regulated broker, to provide trading services. EightCap offers MetaTrader 4 and MetaTrader 5 platforms, which Lark Funding traders use for trade execution.
