AquaFunded Launches New "1 Step Flex" Challenge with No Consistency Rules

AquaFunded has officially launched its new single-step evaluation model, the 1 Step Flex. This program allows traders to pass the evaluation phase in a single day, removing the consistency rules typically found in other models from the firm.

Technical Specifications and Targets

The challenge sets a 10% profit target. Regarding risk management, it features a 3% daily trailing drawdown and a 10% static maximum drawdown.

Account Sizes and Pricing

The available options for traders include various capitalization levels:

• $5,000: $79
• $10,000: $139
• $25,000: $279
• $50,000: $429
• $100,000: $749

Profit Split and Payouts

The standard profit split is set at 90%. Through optional add-ons, traders can increase this to 100% and make the first payout available after just 7 days.

To request the first reward on a funded account, users must complete 3 qualifying trading days, defined as days with at least 0.5% profit per day.

WaveStop Rule Implementation

The WaveStop rule does not apply during the evaluation phase. However, on funded Flex accounts, it is triggered at -1% floating PnL:

WaveStop Penalties

• First strike: Profit split reduced to 50%.
• Second strike: Profit split reduced to 25%.
• Third strike: Permanent account breach.