Shark Funded
Instruments and Assets
Leverage
| Assets | Instant | 1-Step | 2-Steps | 3-Steps |
|---|---|---|---|---|
|
FX
|
1:30 | 1:100 | 1:100 | 1:100 |
|
Crypto
|
1:2 | 1:2 | 1:2 | 1:2 |
|
Metals
|
1:10 | 1:10 | 1:10 | 1:10 |
Commissions
$3 per lot
Consistency Rules
No consistency rules for most accounts; 45% profit concentration rule may apply to evaluations.
Firm Rules
Shark Funded provides traders with a variety of account models including Instant, 1-Step, and 2-Step evaluations. Key features include equity-based drawdowns and a focus on consistent, professional trading behavior.
Model Comparison Overview
| Rule | Instant | 1-Step | 2-Step (Standard) |
|---|---|---|---|
| Profit Target | N/A | 9% | 7% (Phase 1) / 5% (Phase 2) |
| Daily Drawdown | 4% | 3-4% | 4% |
| Max Drawdown | 7% | 6-7% | 11% |
| Min Trading Days | None | None | None |
| Consistency | 15% | 45% | 45% (Some accounts exempt) |
Drawdown types are generally equity-based.
Core Trading Rules
- News Trading: Prohibited 60 minutes before and after high-impact news on funded accounts. Allowed during the challenge phase.
- Minimum Trade Duration: Trades must remain open for at least 10 seconds.
- Inactivity Rule: Evaluation accounts deactivates after 30 days of inactivity; Funded accounts after 7 days.
- IP Restriction: Traders must access accounts from the same region as registration.
- Prohibited Strategies: HFT, Arbitrage, Hedging, Martingale, and Order Book Spamming are strictly forbidden.
Payout Policy
Shark Funded offers a standard 80% profit split which can scale up to 100%.
- Split: Starts at 80%.
- Frequency: Instant accounts have a 7-day payout cycle.
- Methods: Payouts via Bank Transfer or Crypto.
- Processing: Requests are typically processed within 24 hours (avg 6 hours).
Restricted Countries
USA (Restricted States) , OFAC Sanctioned Countries