AquaFunded Launches 'Try Aqua' Model: $1,000 Trading Account for $1

AquaFunded has introduced its new 'Try Aqua' funding model, offering immediate access to a live $1,000 trading account for a one-time cost of just $1. This initiative aims to provide traders with a direct opportunity to operate without the need for a prior evaluation phase.

The program grants instant access to a real $1,000 account. However, traders must adhere to a specific set of risk management and performance rules.

Key rules include a maximum daily drawdown limit of 3% (trailing) and a maximum total drawdown of 5% (trailing) based on the highest achieved balance. Furthermore, a 2% floating loss of the initial account balance will result in immediate account closure.

To request withdrawals, a minimum of 5 valid trading days is required, defined by a minimum profit of 0.5% of the initial balance. A consistency rule also applies, where the largest winning day must not exceed 15% of total profits.

Withdrawals can be requested every 14 days from the first trade, with a 90% profit split in favor of the trader. Leverage is set at 1:50 for Forex, 1:10 for Indices and Commodities, and 1:2 for Crypto.

This 'Try Aqua' model has a limited duration of 30 days from the first trade and a maximum withdrawal cap of $100. Once this limit is reached or the period expires, the account will be automatically closed. Only one 'Try Aqua' account is permitted per user.