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Lark Funding Review

Investing Brokers

July 1, 2026

Introduction

Lark Funding is a Canada-based proprietary trading firm launched in mid‑2022. It offers traders a variety of evaluation pathways using virtual funding accounts, with sizes ranging from USD 5,000 to USD 200,000. Profit sharing scales between 80 % and 90 %. The firm emphasizes flexible terms—unlimited evaluation time, ability to use algorithmic strategies, and support for overnight or weekend positions.

Company Background

Registered Entity
The firm operates out of Canada, officially registered under the name Lark Funding Inc., with headquarters in the Quebec region.

Leadership
The company is led by a CEO publicly identified as Matt L., who has been associated with its operational direction and strategic development.

Broker Connections
Trades are executed through partner brokerages including EightCap, ThinkMarkets, and DXTrade. These broker relationships allow access to trading platforms such as cTrader and DXTrade.

Evaluation Programs

Lark Funding offers four distinct account structures:

1-Step Evaluation

• Profit target: 10 %
• Static drawdown: 6 %
• Daily drawdown: 5 %
• No trailing drawdown
• Unlimited duration
• Supported: Expert Advisors, news-event strategies, overnight/weekend holds (upgrade may be required)

2-Step Evaluation

• Phase 1 target: 8 %, Phase 2 target: 5 %
• Static drawdown: 10 %
• Daily drawdown: 5 %
• Unlimited duration
• Allows algorithmic, swing, and news strategies

3-Stage Evaluation

• Three sequential phases: 5 %, 4 %, 3 % (total 12 %)
• Static drawdown: 5 %
• No daily drawdown limit
• Unlimited duration
• Allows full flexibility in strategy implementation

Instant Funding

• No evaluation required
• Immediate funded demo account
• Static drawdown: 8 %
• Daily drawdown: 5 %
• Profit share: 90 %
• Leverage: up to 50:1

All programs support the use of Expert Advisors, swing strategies, and news trading. Overnight and weekend holding is available by default or with add-on options, depending on the program.

Risk Management and Rules

• Unlimited Duration: All challenges offer unlimited time to complete the required targets.
• Drawdown Limits: Static drawdowns range between 5 % and 10 % depending on the program. Daily drawdown limits apply in most cases, except for the 3-stage evaluation.
• Minimum Activity: Traders must execute at least one trade within a 30-day period to keep their accounts active.
• Permitted Strategies: The firm allows trading during news, the use of automated systems, and swing trading. It does not permit grid, Martingale, or arbitrage-based systems.
• Overnight & Weekend Holding: Generally permitted. Some programs require additional features or upgrades to hold positions through weekends.

Trading Specifications

• Leverage:
  • Forex and metals: up to 50:1
  • Indices and commodities: typically 10:1 to 30:1
  • Cryptocurrencies: generally capped at 2:1
• Commissions:
  • Forex and metals: USD 7 per standard lot
  • Indices, commodities, crypto: no commissions
  • Equities: USD 0.02 per share
• Spreads: Tight, raw spreads through partnered broker platforms.

Markets & Platforms

• Asset Classes:
  • Forex: major, minor, and exotic pairs
  • Indices: global index CFDs
  • Metals: gold, silver, and other precious metals
  • Energy: oil and natural gas
  • Cryptocurrencies: BTC, ETH, XRP, LTC, and others
  • Stocks: selected U.S. and global equities
• Trading Platforms:
  • cTrader
  • DXTrade
  • MetaTrader 4 and 5 (via partnered brokers)

Funding, Payouts & Pricing

• Program Fees:
  • Vary depending on account size and type of program
  • Ranges from approximately USD 32 for smaller accounts to over USD 1,000 for larger instant-funded accounts
• Profit Share:
  • Starts at 80 %
  • Can increase to 90 % with performance milestones
  • Instant accounts receive a fixed 90 % share
• Payout Frequency:
  • 1- and 2-step evaluations: bi-weekly
  • 3-stage evaluations: weekly
  • Instant accounts: on demand
• Minimum Withdrawal:
  • A minimum of USD 100 in profits is required to initiate a withdrawal
• Payment Methods:
  • Includes Wise, Riseworks, and crypto options
  • Evaluations can be purchased using standard payment processors
• Scaling Options:
  • High-performing traders may be eligible for scaling plans up to USD 2 million in virtual capital
  • Scaling conditions typically include payout consistency and responsible risk usage

Geographic Accessibility

• Eligible Countries:
  • Traders from regions including Canada, the UK, Australia, South Africa, and many others are eligible
• Restricted Regions:
  • Traders from the United States, Iran, Cuba, North Korea, Syria, Sudan, and other OFAC-sanctioned countries are not eligible

Summary of Advantages

1. No Expiry: Evaluation time is unlimited, removing pressure on traders to meet targets quickly
2. Flexible Strategies: Allows algorithmic trading, overnight positions, and news trading
3. Profit Share: Up to 90 % profit split is competitive with leading proprietary firms
4. Scalable Model: Offers funding potential up to USD 2 million
5. Broad Asset Access: Multiple asset classes across several trading platforms

Potential Drawbacks

• Platform Limitations: While cTrader and DXTrade are offered directly, access to MT4/MT5 depends on broker availability
• Paid Add-ons: Some features such as weekend holding may require extra payment
• Rule Complexity: Traders must understand program rules in detail to avoid violations
• High Upfront Costs for Instant Access: Instant-funded accounts require significantly larger fees than evaluation accounts

Objective Conclusion

Lark Funding delivers a robust and structured proprietary trading experience tailored to independent and algorithmic traders. With four different account types, unlimited evaluation time, and access to global financial instruments, the firm creates opportunities for diverse trading strategies. It allows both discretionary and automated trading, supports long-term positions, and provides high earning potential through profit-sharing and scaling.

Despite the advantages, traders should carefully evaluate the rules and pricing model. The lack of an in-house MT4/MT5 platform and the necessity to pay for add-on features may be a drawback for some users. However, the firm’s transparency, broker partnerships, and flexibility make it a strong contender for those seeking a serious prop trading opportunity.

Summary Table

Lark Funding offers an adaptable and professionally structured platform suitable for experienced traders looking to access substantial capital while maintaining strategic freedom. Its range of evaluation options and strong broker integration make it an appealing choice for those with a disciplined, long-term trading approach.