Lark Funding is a proprietary trading firm that offers traders the opportunity to manage virtual funds by completing evaluation programs. Founded in June 2022, the firm emphasizes transparency, flexible evaluation stages, and trader support.
Matt L., a seasoned independent trader and investor, is well-known for sharing his trading journey on YouTube and social media platforms. He provides valuable trading tips and insights, particularly focusing on his experiences with proprietary trading firms like FTMO. Through these platforms, Matt has demonstrated how he leveraged prop firms to transition from a traditional 9-to-5 job to full-time trading.
With years of trading experience and collaboration with multiple prop firms, Matt founded his own proprietary trading firm, Lark Funding, in June 2022. Based in Canada, Lark Funding offers traders various evaluation programs tailored to different trading styles and experience levels, aiming to provide a transparent and flexible trading environment.
Through these ventures, Matt continues to support and empower traders by providing platforms designed by a trader for traders.
Lark Funding has gained a lot of popularity throughout the previous years, ranked among the best prop firms, with a reliable platform, sustainable business model, and competitive pricing. Additionally, the firm has good ratings among trading communities and platforms like Trustpilot and PropFirmMatch, with scores of 4.3 and 4.2, respectively.
Evaluation Programs:
With flexible trading challenges Lark Funding provides three evaluation models to suit different trading styles:
1-Stage Evaluation: Traders aim for a 10% account gain with a 6% maximum drawdown and a 5% daily drawdown limit. There is no time limit to pass the challenge, and successful traders can earn up to 90% of profits.
2-Stage Evaluation: This model requires an 8% gain in Phase 1 and a 5% gain in Phase 2, with a 10% maximum static drawdown and a 5% daily drawdown. It also offers up to 90% profit splits and no time limits.
3-Stage Evaluation: Unique for having no daily loss limit, this program requires a 5% gain in Phase 1, 4% in Phase 2, and 3% in Phase 3, with a 5% maximum static drawdown. Traders can receive first payouts within 14 days, with subsequent payouts every 7 days.
Instant Funded Program
The Instant Funded Program is designed for traders seeking flexibility and immediate access to funding. Traders can earn up to 90% profit split, with no restrictions on high-impact news and no minimum trading days. This allows traders to execute their strategies without limitations.
How Lark Funding Differs from Other Proprietary Firms?
In this section, we'll explore how some features of Lark Funding differ from other proprietary firms:
- Touchless Passing feature: It’s designed to streamline the evaluation process by eliminating the requirement to manually close trades for passing. When your floating balance reaches the account gain target, the system will automatically recognize it as a pass. This enables traders to focus on their trading strategies without the need for constant monitoring.
- Lark Funded Reset: For traders who have invested significant time and effort, potentially over years, a breach would mean having to start the entire evaluation process again. However, Lark Funding provides an alternative solution through the Lark Funded Reset option.
- Flexible payout frequencies: each program has a different payout frequency cycle, providing more flexibility for traders. You can request a payout within 14 or 7 days,This flexibility allows traders to choose a payout cycle that aligns with their trading strategies and financial planning.
What Are the Advantages of Joining Lark Funding?
- Time Freedom: Lark Funding offers traders the benefit of no time constraints throughout all evaluation phases. This approach allows traders to focus on learning and refining their trading strategies without the pressure of strict deadlines.
- Account Size Versatility: Lark Funding recognizes the varying levels of experience and risk tolerance among traders. To accommodate this diversity, they provide a range of account sizes suitable for both novice and experienced traders. This flexibility enables traders to choose an account size that aligns with their financial capacity and risk preferences.
- Competitive Profit Sharing: Traders can keep a significant percentage of their trading profit with to Lark Funding's attractive profit-sharing model. With a starting profit share of 80% and the potential to rise to 90%, traders have the chance to make significant profits.
- Advanced Trading Platforms: Lark Funding provides traders with a smooth user experience and cutting-edge tools on enhanced platforms through both cTrader and DXtrade. Both platforms are well-liked by traders and provide a variety of effective tools for formulating strategies and making decisions.
Trading Instruments
Traders have multiple trading instruments to choose from with Lark Funding:
- Forex: Access over 40 major and minor forex pairs, facilitating a wide range of currency trading opportunities.
- Commodities: Trade in precious commodities such as Gold, Silver, and Oil, capitalizing on their price fluctuations.
- Indices: Engage in round-the-clock trading of the world's largest stock indices, enabling exposure to global markets.
- Cryptocurrencies: Demo trade some of the world's largest crypto assets, harnessing the volatility of digital assets for potential profits.
Trading Leverage
Lark Funding provides different leverage options based on account type and evaluation stage.
Regular accounts offer a 1:10 leverage for Forex, Metals, and Indices. Traders can double this to 1:20 by paying an additional 25% of the challenge cost during checkout.
In the 2-Stage Evaluation process, Forex, Metals, and Indices have a leverage of 1:25, with the option to increase it to 1:50 by paying an extra 25% of the challenge fee during checkout.
In the Instant Funding program, Forex, Metals, and Indices have a leverage of 1:15, with the option to increase it to 1:30 by paying an extra 25% of the challenge fee during checkout.
How to Learn More about Lark?
Prop Firm Website: Check the official website of the proprietary trading firm for detailed information about the "Lark" account, funding model, or platform, or use the Browser Lark for more details.
Support and FAQs: Contact the firm’s support team or refer to the FAQs section for specific questions about the "Lark" offering.
Trader Community: Engage with online Lark forum groups, social media groups, or other trader communities to get insights from other traders who might be using the Lark account or platform.
Customer Support
The primary means of communication for customer inquiries is via email. You can reach them at their email address support@larkfunding.com for any questions, concerns, or assistance you may require. Their support team is prepared to respond promptly to emails.
Summary
Lark Funding has various features designed to cater to traders' needs. Whether you're a newcomer to trading or an experienced professional seeking new opportunities, Lark Funding provides a range of account sizes, competitive profit-sharing models, and leverage options to accommodate different preferences. With an extensive selection of trading instruments and a support team, Lark Funding is a potential option for traders.
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