I’m delighted to welcome you to my Lark Funding Review.
Lurk Funding program CLAIMS is the best prop firm in helping you begin your funding journey to achieve your financial freedom.
In their funding program, the prop firm allows you to trade with a capital of up to $1,000,000 and earn a profit share of up to 90%.
This makes it one of the top-paying prop firms in the industry and the most attractive funding program to join almost every trader.
But can you trust this funding program based on its CLAIMS?
Of course, no.
You need to know the true picture of the program before making any decision.
And that is what this is all about.
My main focus is to help you learn everything you need to know about this program.
Taking that in mind…
Summary Lark Funding Review
Name: Lark Funding
Type: Proprietary Firm
Evaluation Fee: Starting from $50 (account type and size dictates the pricing)
Official Website: larkfunding.com
Founder: Matt L.
Overall Rating: 7/10
My Recommendation: Yes, but not for everyone.
Also Read: My Flash Funding Review
Overview – Lark Funding Review
Lark Funding is one of the prop firms in the forex market allowing you to earn up to 90% of your total profits.
Besides high profit share, the prop firm has unlimited trading periods which is also another great advantage with it.
You can trade in the platform as much as you want provided you don’t breach the other trading rules set in the dashboard.
The prop firm only requires you to be consistent and profitable while their evaluation is easy to pass with realistic profit targets.
Even though the prop firm has not yet rolled out its scaling plan, earning a higher profit share on the platform can still make you increase your trading account.
However, this will require you to minimize your withdrawals while maximizing your earnings from the market.
The prop firm also targets to trade with all traders from different places of the world and make them become successful traders.
You MUST have a stable internet connection and a recognized trading device to get started.
Pros Of Lark Funding
- Biweekly payout system.
- No time limits.
- Up to 100% transparency.
- Up to 24/7 customer support.
- Automatic pass assists in the system.
- Allows trading on Expert advisors and news trading.
- Allows traders to trade with a capital of up to $1,000,000.
- No trailing drawdown.
- No minimum and maximum time limit.
Cons Of Lark Funding
- No free trials are mentioned in the program.
- No refund policy is stated.
- Does not talk about any scaling opportunity.
- Still new in the forex industry
Who Should Join Lark Funding?
Lark Funding program is looking for experienced and highly skilled traders who want to earn income out of their trades.
To ensure you are a highly skilled trader, the prop firm uses an evaluation process that can either rule you out or in based on your profitability.
The prop firm also expects you to be highly consistent in your trades and trade within the set rules in the platform.
To ensure you are free and safe to trade, the prop firm requires you to be at least 18 years old irrespective of your gender.
So before joining the platform, you need to check for the mentioned requirements above in the program.
This will help you increase your eligibility to qualify for their funded account and trade more to achieve your financial freedom.
What Is Lark Funding?
Lark Funding is a prop firm that offers you the opportunity to trade using their capital and earn profits.
The platform was launched in June 2022 to help traders earn more from their trades in the forex market.
This was after Matt L., the founder of the prop firm realized that most traders cannot realize their trading potential due to a lack of capital.
By creating this platform, he aimed to make it simple for all traders from different parts of the world to get the opportunity to trade in the forex market.
The prop firm allows you to earn a profit share of up to 90% of the total profits you make using their funded account in the market.
To start trading with their capital, the prop firm requires you to first purchase an account and pass their test.
Purchasing an account requires you to pay a non-refundable fee which is set based on your preferred account size.
The prop firm offers their test in the form of an evaluation which has different stages and options depending on your preferred decisions.
When you pass your test, you’ll get the opportunity to start trading with a funded account instantly and start earning profits.
In just a period of thirty days, the prop firm allows you to make your first withdrawal of the profits you earn from your trades.
This is followed by subsequent withdrawals which are done every two weeks allowing you access to your funds on a biweekly basis.
This allows you to build a passive income out of your trade and aim at achieving your financial freedom.
What Are The Steps To Joining Lark Funding?
Let me break down the steps for joining the Lark Funding prop firm:
Step One: Registration
The first stage of the program is to register your details to their platform including your email and other personal information.
This makes you become part of the membership program and move to the next stage.
Step Two: Choose Your Funding Program
There are up to three funding programs in the platform which are distinguished by the stages of evaluation.
The funding programs include;
- One-stage evaluation program
- Two-stage evaluation program
- Three-stage evaluation program
Step Three: Choose Your Trading Account Size
After choosing your preferred funding program, you can now move to choosing your account size.
There are up to six account sizes available in the program which include the following:
- $5,000 account size.
- $10,000 account size.
- $25,000 account size.
- $50,000 account size.
- $100,000 account size.
- $200,000 account size.
- $250,000 account size.
- $500,000 account size.
- $1,000,000 account size.
Step Four: Begin Your Trade
When your payment is confirmed, the company will send you your account credentials in your email to allow you to start trading.
This allows you to begin your trade in the evaluation stage and move towards getting a funded account.
How Does Lark Funding Work?
The working of the Lark Funding program depends on the funding program you choose in the platform.
These funding programs are differentiated based on the number of stages of their evaluation stages as follows;
One Stage Evaluation Program
In a stage evaluation program, there is only one phase to pass for you to move to a funded account.
To pass this single phase, you MUST reach a profit target of 10% with no maximum or minimum time limit.
After passing this stage, you’ll move to a simulated funded trader where you’ll trade on a live funded account.
In the live funded account, you become eligible to earn a profit share of up to 90% while trading under no profit targets.
This allows you to build an income out of your trading experience in the prop firm with the company funds.
Two Stage Evaluation Program.
In the two-stage evaluation funding program, there are two phases to pass for you to reach a funded account as shown below.
In this first phase, you MUST achieve a profit target of 8% under no minimum time limits to pass the stage.
You can decide to pass this stage within one day or even take up to a year to pass it depending on your speed of trade.
In the second phase, you need to reach a profit target of 5% for you to pass the stage and move to a funded account.
There is also no minimum or maximum time limit set at this stage allowing you to trade at your own speeds.
Virtual funded trader
This is the final stage of your trading in the program which allows you to trade with a live-funded account.
In this stage, you’ll trade under no set profit targets and aim at achieving up to 90% profit share in your trading in the program.
In addition, the program allows you to trade with relaxed trading rules as there are no minimum or maximum trading days set in the platform.
Three-Stage Evaluation Program
This is the last option of the funding program where you are required to pass up to three phases of evaluation.
In this funding program, the following are the phases available;
In this stage, you MUST reach a profit target of 5% for you to move to the next stage.
In addition, you have an unlimited trading period with a 5% maximum drawdown in the program.
There is also no maximum daily loss set in the program for traders.
In the second phase, you MUST reach a profit target of 4% under an unlimited trading period with no minimum trading days.
The prop firm also requires you to trade while observing a maximum drawdown of 5% with no maximum daily loss.
This is the last phase of the three-phase evaluation program where you MUST reach a profit target of 3% for you to move to a funded account.
In this stage, you MUST trade while respecting a maximum drawdown of 5% with unlimited trading days.
If you meet all these conditions you will succeed in passing all the stages of your evaluation stage.
In this stage, you’ll begin trading with a live funded account where you will start earning a profit share of up to 90%.
There are unlimited trading periods in the platform and no minimum trading days set in the platform.
You will also get the opportunity to enjoy a 14-day subsequent payout system in the program.
Related Review: Funded Nation Review
Lark Funding Trading Rules
Here are the trading rules that you must follow in this prop firm:
The profit targets vary depending on the funding program you choose on the platform.
For instance, the three-stage evaluation program has a profit target of 5%+4%+3% for all its three stages respectively.
As for the two-stage evaluation, the profit target is at 8% and 5% for the two phases respectively.
The single-phase evaluation program has a target of 10% in its one-stage evaluation program.
Minimum Trading Days
There are no minimum trading days set in the program firm in all its three funding programs available.
Maximum Trading Days
There are no maximum trading days set in the platform for all the traders in any funding program you choose to trade.
Maximum Daily loss
Lark Funding prop firm has no maximum daily set for traders in the platform.
You are only required to respect the maximum drawdown set in the platform for you to continue trading.
Furthermore, the absence of a maximum daily loss ensures that you need not worry about inadvertently violating a rule each day you engage in trading on the platform.
Maximum Total Loss
The prop firm has a maximum total loss set at 5% in every stage of trading in its phases.
You must respect the 5% maximum total loss set in the program for you to continue trading in the program.
Lark Funding prop firm offers a profit share of 80% for all its traders who manage to reach their funded account.
However, if you are highly profitable, you will qualify for a profit share of up to 90% of the total profits you make from the program.
The company allows you to trade with a maximum leverage of up to 50:1.
What Are Lark Funding Trading Instruments?
Lark Funding prop firm allows you to trade various instruments including;
- Forex pairs
- CFD Indices
- Equity shares
What Is Lark Funding Trusted Broker?
Lark Funding prop firm partners with Eightcap as their industry-leading and favorite broker to ensure all your funds are safe and secure.
The broker is the best for the execution of trades in the forex market with low spreads and high passwords.
What Are The Benefits Of Joining Lark Funding?
- No time limits
When you are trading with this prop firm, you’ll not have to worry about the maximum or minimum trading days.
This allows you to spend the shortest time possible to finish a stage and get a funded account on the platform.
Additionally, it permits you to take as much time as you need to complete your trades on the platform.
- No daily loss set for traders
Most traders set maximum daily loss for traders who check on their trades each and every day of their trade.
This makes it more worrying to lose your trade as you may end up breaching this rule in a single day.
However, Lark Funding prop firm allows you to trade with more freedom without worrying about any daily loss in your trades.
- Offers profit share of up to 90%
The prop firm allows you to earn a profit share of up to 90% when you maintain high consistency and profitability in the platform.
This makes it one of the top-paying prop firms in the forex market which also contributed to its high capital.
In addition, the high profit share makes it attractive to more traders who want to explore their talent in forex trading.
- Instant trading
When you purchase your account from the platform, the program will deliver your account credentials within seconds.
This will allow you to start your trading journey instantly after joining the platform and aim towards getting a funded account.
In addition, it makes you spend the shortest time possible to reach a funded account in the program to reach your success.
- Industry-leading broker
Lark Funding prop firm is partnered with an industry-leading and regulated broker with the best-secured platform.
What Is The Cost Of Joining A Lark Funding?
The cost of joining Lark Funding depends on your account size and the funding program you choose.
Here are the available account sizes with their corresponding prices for each funding program;
One Stage Evaluation Program
- $5,000 account size costs $95.
- $10,000 account size costs $150.
- $25,000 account size costs $225.
- $50,000 account size costs $400.
- $100,000 account size costs $700.
- $250,000 account size costs $1,750.
- $500,000 account size costs $3,500.
- $1,000,000 account size costs $7,000.
Two-Stage Evaluation Funding Program
- $5,000 account size costs $95.
- $10,000 account size costs $150.
- $25,000 account size costs $225.
- $50,000 account size costs $325.
- $100,000 account size costs $525.
- $200,000 account size costs $1,000.
Three-Stage Evaluation Funding Program
- $5,000 account size costs $50.
- $10,000 account size costs $70.
- $25,000 account size costs$175.
- $50,000 account size costs $240.
- $100,000 account size costs $370.
- $200,000 account size costs $700.
Does Lark Funding Offer A Refund Policy?
The prop firm doesn’t talk about any refund of the registration fee on their platform.
For this reason, there is no guarantee that you may end up getting a refund if you quit the program after paying your registration fee.
In addition, you’ll not be able to reclaim your registration fee if you breach any rule in the platform.
How Does The Payout System Work?
In the payout system, the program allows you to request your first payout after the first 30 days of your trade.
When you receive your first payout, the prop firm allows you to make your subsequent payout after every two weeks.
This allows you to access your funds more frequently while trading on the platform.
However, making your withdrawal before the agreed time is prohibited and won’t be successful.
Who Is The Founder Of Lark Funding?
The platform was established in June 2022 by Matt L, an experienced trader aiming to assist others in generating profits in forex trading.
Matt L. not only claims success in forex trading but also manages a full-time YouTube channel where he engages with traders globally.
Beyond being a skilled forex trader, he asserts significant experience in the industry.
In his trading journey, Matt L. identifies trading as his preferred method of earning income online.
His success encourages and motivates other traders to explore forex trading as a primary means of making money online.
Is Lark Funding A Scam?
In my view, Lark Funding, a prop firm, is a legitimate opportunity, NOT a SCAM.
It offers the potential to earn an income through trading their provided capital.
The prop firm provides a chance to explore your trading capabilities.
When you acquire their trading account, you can utilize their capital in the funded account to execute trades and generate profits.
They offer a profit share of up to 90% of your total trade profits, enabling you to increase your earnings as long as your trading remains profitable.
Adhering to the program’s trading rules grants you the opportunity to trade indefinitely.
There’s no minimum requirement for trading days, allowing you to progress through stages swiftly.
Additionally, it’s cost-effective to join, enabling you to own a trading account with as little as $50, although this cost depends on the chosen funding program and initial capital.
Joining this platform is beneficial for highly skilled traders looking to enter the forex market.
For experienced traders, the prop firm collaborates to facilitate success through its funding program.
Consistent trading allows for a longer trading tenure, optimizing your trade outcomes.
However, for those lacking forex trading skills or not consistently profitable, success on the platform might be limited.
Breaching trading rules poses the risk of losing your trading account, hindering your journey, or causing discouragement.
My Assessment Of Lark Funding
I came up with the following findings in my assessment of the prop firm:
Profit Splits: 9/10
Lark Funding offers a profit share of up to 90% of the total profits you make from your trade.
This makes it one of the best platforms to start trading on the platform with the best profit payout in the system.
In addition, the high-profit share makes it easy for you to increase your trading account balance to achieve your financial freedom.
Scaling Opportunities: 0/10
The Lark Funding prop firm doesn’t offer any funding opportunities at the moment.
Yet, the prop firm assures its traders that its executive team is actively addressing this and will soon implement its scaling plan.
Hence, the company urges all its traders to remain patient while awaiting the imminent scaling plan.
Profit Targets: 8/10
The prop firm has a lower and more realistic profit target in the forex market.
These profit targets however depend on the funding program you choose in the platform.
If you decide to go with the three-stage funding program, you’ll only need to get a profit target of 5%, 4%, and 3% respectively.
Joining Lark Funding is much more affordable to traders on the platform with their lowest capital being only $50.
This allows you to own an account size of $5,000 to begin your trading journey in the platform and earn a profit target.
Trader Supports: 8/10
Lark Funding offers you customer support on a 24/7 basis to help you succeed in your trade.
This allows you to ask questions concerning your trade and get answered on the platform.
Tradable Assets: 8/10
The prop firm allows you to trade various assets in the platform and earn your level best out of your trade.
In addition, these assets are the easiest to trade, and get your best from your trade in the platform.
Furthermore, the assets are available in all the trading platforms available in the platform.
The prop firm has numerous testimonies of confirmed payouts in the system that make it build trust in trades.
In addition, the prop firm has excellent ratings on the top credibility ranking platforms such as Trustpilot.
The prop firm also is partnered with a regulated broker to ensure all the funds are safe and secure.
What Is My Overall Rating?
I rate this prop firm 7/10.
The primary basis for my rating of this prop firm is its novelty and its positive performance in the market.
What are people saying?
The prop firm has a rating of 4.6/5 on Trustpilot from 205 reviews (November 9, 2023)
Corner Orwin, a reviewer, awarded the prop firm a five-star rating, describing it as a reliable and efficient platform for forex trading.
This reviewer reported requesting a payout from the platform and receiving it within a single day.
Another reviewer, Zaid Fuddin, awarded the platform a five-star rating, considering it one of the best prop firms despite its diverse challenges.
This diversity allows traders to select their preferred challenges, making it easier to trade and earn their desired profits.
Sarmad, another reviewer, rates this prop firm five stars terming it as a good prop firm to join and make money.
Conversely, another reviewer, Dung tvt, expressed dissatisfaction with the prop firm, describing the platform as exceptionally chaotic.
Zadah, in contrast, awarded the company a mere one-star rating, highlighting the negative aspects of the prop firm.
Zadah’s criticism suggests that the company solely assists traders who endorse it on the platform and neglects others seeking support.
Nevertheless, it’s crucial to consistently review all the feedback provided by reviewers on Trustpilot to gauge the overall sentiment regarding the platform.
Considering that some negative reviewers may critique without firsthand participation in the program, it’s advisable to assess each review independently.
The platform’s 4.6-star rating is generally positive, yet it’s important to form your own informed opinion.
I’ll continue to provide updates on any new information that emerges about it.
FAQs About Lark Funding
What Happens If I Breach A Trading Rule In Lark Funding?
If you break any trading rule in the system, you may risk your account being free on the platform.
This will deny you the opportunity to continue trading with your account on the platform as the prop firm does not offer any retry.
Instead, you will purchase another trading account for you to continue with your trading journey on the platform.
What Is The Best Age Required For Me To Qualify For Trading With Lark Funding?
Trading in the system requires you to be at least 18 years of age which makes you a good decision maker.
As per legal authorities from different governmental bodies, someone with more than 18 years is considered an adult.
If you’re less than 18 years of age, you’ll not get the opportunity to start your trading career with the platform.
Thank you for reading my Lark Funding Review.
Feel free to let me know your take on the prop firm in the section below.