| Rule | 3-Step |
|---|---|
| 1st Target (GT$) | 12% |
| Profit Targets | Phase 1: 5% · Phase 2: 4% · Phase 3: 3% |
| Max Drawdown | 5% static |
| Daily Loss Limit | None |
| Minimum Trading Days | Not specified in Lark's own documentation |
| Leverage | FX 50:1 · XAUUSD 10:1 · XAGUSD 5:1 · Indices 20:1 · Commodities 5:1 · Crypto 2:1 · Stocks 5:1 |
| Funded Split | 80% standard, upgradeable to 90% |
| Payout | Every 14 days standard, every 7 days with the paid add-on; $40 flat processing fee |
Per-account entry fees aren't published in a stable, citable form here for the same reason noted on the 1-Step page, check the live checkout at larkfunding.com directly.
5% static drawdown is 2 points tighter than the 1-Step's 7%, and unlike the 1-Step there's no daily loss limit at all, so nothing stops you from using the entire 5% in a single session if a trade goes badly. Three separate phases with shrinking targets (5/4/3%) means more time in evaluation overall, but each individual phase asks for less than the 1-Step's single 10% pass.
The firm overview covers the parts that apply across every Lark product regardless of which evaluation track you pick: the "All-or-Nothing" margin/exposure guideline, the Trader Agreement only being issued after you pass, and the no-refund policy. None of that is specific to the 3-Step, it's worth reading once rather than repeating per product.