Shark Funded

Shark Funded

CEO Mohammed Ibrahim Shaikh
Country flag UAE
Date Created 2025
Years in Operation 1
4.7
★ ★ ★ ★ ★
23 total reviews
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Shark Funded
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Firm Overview

Broker:
ECN
Platform:
MT5
Payment Methods:
Credit Card Crypto
Payout Methods:
Bank Transfer Crypto

Instruments and Assets

Type of Instruments:
CFD Forex
Assets:
FX Indices Commodities

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