Lark Enhances Drawdown Calculation for Instant Accounts

Lark, the prominent funding firm, has announced a key update for its Instant Accounts, modifying the trailing drawdown calculation methodology. Previously, the 8% trailing drawdown was based on the account's equity.

Effective immediately, this calculation will now be based on the high-water mark of CLOSED trades. This enhancement aims to offer traders greater freedom and flexibility, eliminating concerns about a profitable trade returning to breakeven negatively impacting their drawdown.

This new policy will be applied to all Instant Accounts, encompassing both existing and newly created ones.

Lark reiterates the benefits of its Instant Accounts, which include the industry's highest drawdown, no consistency rules, no news restrictions, no minimum trading days, first payout on demand, and 90% standard payouts.