Each Lark Funding Evaluation is designed to assess your trading consistency, discipline, and risk management—without any time pressure. Lark Funding also provides traders with a flexible evaluation process, ensuring that individual trading strategies can be accommodated effectively. The exact rules vary depending on which program you choose.
These include understanding terms like Daily Loss Limits, which set maximum loss restrictions per day; Drawdown, which tracks reductions in account equity; and Maximum Drawdown, the largest equity decline permitted within the program.Additionally, Lark Funding emphasizes the importance of sustainable trading practices, encouraging traders to adopt risk management strategies that ensure longevity and consistency in their trading performances during the evaluation process.
Lark Funding does not impose a minimum trading day requirement during its evaluation process. This allows traders the flexibility to meet evaluation criteria in a manner that suits their personal trading strategies. However, passing the evaluation in a single trade may raise concerns if the trade does not adhere to sound risk management practices. This approach, termed an 'all-or-nothing' strategy, may lead to funding being declined or require a retry. Consistency rules are also not enforced at any phase of the evaluation, giving traders absolute freedom to trade without restrictions related to consistency between trades.
Here’s a full breakdown:
1-Step Evaluation
Account Target: 10%
Max Drawdown: 7%
Daily Loss Limit: 5% 3-Step Evaluation
Phase 1 Account Target: 5%
Phase 2 Account Target: 4%
Phase 3 Account Target: 3%
Max Drawdown: 5%
Daily Loss Limit: No Daily Loss Limit Instant Master Account
Account Target: No Target
Max Drawdown: 8%
Daily Loss Limit: 5%
To finalize your Master Account after passing an Evaluation (excluding Instant Accounts), we’ll ask for a government-issued photo ID to verify your identity. Note that Lark Funding does not provide services to individuals under 18 or those from prohibited countries. We also do not work with traders who are on sanction lists or have previously breached our Terms of Use.Key Takeaways
There is no minimum number of trading days required; however, adequate data collection supporting sound risk management is essential.
Lark Funding does not enforce consistency rules, offering traders full flexibility across evaluation phases.
Aligning trading strategies with robust risk management principles remains a priority for funding approval.