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Futures prop firm review

AquaFutures review

AquaFutures is a newer futures evaluation firm. Its main product uses an end-of-day drawdown, the drawdown line steps up only once the session closes, so unrealized intraday profit does not move your risk line. The firm runs a one-step evaluation and covers standard account sizes from $25K through $150K. Traders pick AquaFutures when they want predictable overnight drawdown behavior; they avoid it when they want the long payout history of an established firm.

United StatesFounded 2024Honors code PIPMain risk: End-of-day drawdown looks friendly on paper but means the dr…

AquaFutures

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At a glance

Best-fit trader

Session-focused intraday futures traders who prefer an end-of-day drawdown over an intraday trailing model and want a simple one-step evaluation.

Main rule to understand first

End-of-day drawdown looks friendly on paper but means the drawdown line does not step up until the session closes, sizing into a winner intraday still gives back every tick of risk room at the next session open.

Quick facts

AquaFutures quick facts
FirmAquaFutures
Account sizes$25,000 – $150,000
Drawdown type
End-of-day drawdown: the line only trails based on the session's closing balance, not intraday highs. The drawdown locks once the session-close equity reaches the initial balance plus the account's buffer.
End-of-day
Profit split90/10
Payout cadencebi-weekly
Min payout$250
PlatformsTradovate, NinjaTrader, Rithmic, TradingView
News tradingRestricted, check firm rules
Copy tradingAllowed
Minimum trading days7 days
Country (HQ)United States

Pricing and PIP discount

Full-price evaluations, the PIP-adjusted price estimate, reset and activation fees, and the minimum out of pocket to reach a first payout.

AccountFull priceWith PIPResetActivationMin. out of pocket
$25K Evaluation
Target $1,500 · Max loss $1,500 · Daily loss $500
$149$75$49$119$194
$50K Evaluation
Target $3,000 · Max loss $2,000 · Daily loss $1,100
$179$90$79$119$209
$100K Evaluation
Target $6,000 · Max loss $3,000 · Daily loss $2,200
$239$120$99$119$239
$150K Evaluation
Target $9,000 · Max loss $4,500 · Daily loss $3,000
$349$175$149$119$294

PIP price applied to the evaluation only. Reset and activation fees shown at full price. Minimum out of pocket assumes you pass on the first attempt. Always confirm at checkout, offers change.

Run the true cost calculatorFull AquaFutures discount page

Rule summary

Plain-English rules pulled from the firm's published policies. Always verify on the firm's site before purchase.

AquaFutures rule summary
Drawdown type
End-of-day drawdown: the line only trails based on the session's closing balance, not intraday highs. The drawdown locks once the session-close equity reaches the initial balance plus the account's buffer.
End-of-day (EOD) drawdown
Profit target
Targets and limits scale with the account tier, see pricing.
$1,500 on the $25K Evaluation
Max loss$1,500 on the $25K Evaluation
Daily loss limit$500 on the $25K Evaluation
Consistency rule
At payout request, no single trading day may exceed 30% of lifetime profit. Verify against AquaFutures' current payout policy before withdrawal.
Yes, no single day may exceed 30% of total profit
News tradingRestricted, check firm rules
Copy tradingAllowed
ScalpingAllowed
Overnight holdsNot allowed
Minimum trading days7 days
Inactivity limit10 days
Max contracts (by account)
  • $25,000: 3 contracts
  • $50,000: 6 contracts
  • $100,000: 12 contracts
  • $150,000: 15 contracts
Daily loss limitAquaFutures applies a separate daily loss limit on top of the max loss drawdown. Hitting the daily limit fails the day, not just the trade.
Session close timingThe EOD drawdown calculation is tied to the daily settlement window. Trades still open when the window closes are evaluated at the settlement price.
Read the full AquaFutures rules breakdown

Payouts

AquaFutures payout rules
First payout eligibilityAfter 14 trading days
Minimum payout$250
Maximum payoutUncapped
Profit split90% trader / 10% firm
Payout cadencebi-weekly
Payout methodsBank wire, Crypto, Rise

Conditions to satisfy on payout request

  • Must satisfy the consistency rule at payout request.
  • Minimum trading day count must be met on the funded account.
  • Initial profit buffer must be cleared before the first payout on larger tiers.

Common reasons payouts are rejected

  • Single winning day above the allowed share of lifetime profit.
  • Requesting payout before meeting the minimum trading day count.
  • Hitting the daily loss limit on the evaluation or funded account.

AquaFutures is a newer firm, payout history is shorter than the established futures firms. Re-check the current policy before funding a larger account.

Who it fits / who should avoid it

Who AquaFutures fits

  • Session-focused intraday traders who want end-of-day drawdown behavior.
  • Traders who prefer a simple one-step evaluation without scaling plans.
  • Traders who want a daily loss limit to cap a bad session early.

Who should avoid AquaFutures

  • You want a firm with a multi-year public payout record.
  • Your edge relies on holding contracts overnight.
  • You prefer trailing drawdown that steps up intraday with your equity.

FAQs

Does AquaFutures honor code PIP?

Yes. AquaFutures accepts code PIP at checkout. The current PIP discount is 50% off eligible evaluation accounts, verified on the date shown on this page.

Is AquaFutures the same as AquaFunded?

No. AquaFutures is a listed futures prop firm. AquaFunded is a separate brand that focuses on other instruments. Rules, pricing, and offers do not carry across, only buy the one that matches your market.

What kind of drawdown does AquaFutures use?

AquaFutures uses an end-of-day drawdown. The drawdown line only steps up once the session closes, so unrealized profit during the day does not move your risk line. This is different from a trailing drawdown that updates intraday.

Is there a daily loss limit?

Yes. AquaFutures applies a daily loss limit in addition to the max loss drawdown. Hitting the daily limit ends the trading day on that account, even if the overall drawdown has not been breached.

Can I hold positions overnight on AquaFutures?

No. AquaFutures requires all positions to be flat by the end of the trading session. Holding into the next session is grounds for failing the evaluation or funded account.

How long until the first payout?

The first payout window typically opens after the minimum trading day count is met on the funded account, on a bi-weekly cadence. Larger accounts require clearing the initial profit buffer first.

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