Verdict. Shark Futures suits a cost-sensitive CME futures trader who wants an end-of-day trailing drawdown rather than an intraday one, no activation fee on conversion, and a low entry price — $119 list on a $25,000 account. One drawdown mode across every tier, news trading permitted, a 30-day window. It does not suit anyone who needs the payout rules to be contractual. The caveat: the pricing cards advertise a flat “Profit Split 90%” while section 5b of the terms steps live accounts down to 80/20, and the consistency rule that gates your first payout appears nowhere in the terms at all.
Key terms, from the firm’s own published pages
- Evaluation fee: $119 ($25K), $159 ($50K), $319 ($100K), $481 ($150K) list; Instant Pro $532 to $1,199. A 60% promotion was live on the pricing page when checked on 27 August 2026, cutting those to $48, $64, $128 and $192.
- Profit target: $1,500 / $3,000 / $6,000 / $9,000 by tier — a flat 6% of nominal.
- Profit split: cards state “Profit Split 90%”. Terms s5b: “PRO and Instant PRO accounts: 90/10… Live accounts: 80/20 (80% to trader, 20% to SHARK Futures).”
- Drawdown: trailing maximum of $1,000 / $2,000 / $3,000 / $4,500, calculated end of day on every programme.
- Consistency rule: 40% during a Basic challenge, 35% once funded, 20% on Instant Pro.
- Payout: 6 days to payout on Basic, 8 minimum trading days on Instant Pro; $250 minimum request; a $100 balance buffer must remain; processing “can take up to 10 working days” (s5c), paid via Rise.
- Account limits: 5 funded accounts across PRO and Instant PRO, plus 1 Live account (s5a).
- Fees not on the card: s8c applies “a non-refundable convenience fee of 5%… to all transactions processed through our payment portal”; s8e is a no-refund policy.
What Shark Futures actually sells
Shark Futures is a futures-only evaluation firm covering contracts on the CME, COMEX, NYMEX and CBOT, running three product lines: a Basic challenge with a three-day minimum, a Basic Plus variant passable in a single day but carrying a daily loss limit, and Instant Pro accounts that skip evaluation for a higher fee. Execution is on Volumetrica, with Quantower and ATAS supported and data from DxFeed.
Every tier uses the same rulebook, the drawdown floor updates only at session close rather than tick by tick, and there is no activation fee to convert a passed evaluation — a charge that has become a standard second bite in this sector. For a trader whose strategy dies on intraday trailing drawdown, the most common way funded accounts are lost, an end-of-day floor is a genuine structural advantage rather than a marketing line.
The split: 90% is the evaluation number
Each of the twelve pricing cards carries a row reading “Profit Split 90%”, with no tier qualifier. The firm’s own blog repeats it, describing “$25K, $50K, $100K and $150K accounts on one rulebook, 6-day payouts and a 90/10 split”.
Section 5b of the terms, effective 26 March 2026, is more specific. PRO and Instant PRO accounts are 90/10. Live accounts are 80/20. The trader’s share on a live funded account is eleven per cent lower than the number printed on the card that sold the evaluation, and the firm’s own share doubles.
Tiering a split is not improper, and the reason firms do it is defensible: a live account consumes exchange fees, clearing and genuine risk capital that a simulated one does not. The finding here is disclosure placement, not the tier. The 80/20 figure appears in one other spot on the pricing page — a dashboard mock-up in the affiliate section labelled “Live Account Upgrade / Real capital / 80/20 split” — but never in the pricing table a buyer reads before paying.
A second wrinkle: the risk disclosure at the foot of that same page states that “all challenges, evaluations, and funded account opportunities offered by UAB Propfirms are simulated trading environments only.” That sits awkwardly beside a Live tier described as real capital. Both statements are published by the firm, on one page, on one day.
Payouts: what is published, what could not be verified
What the firm publishes is reasonably complete by sector standards, and two clocks in it are often conflated. “Days to Payout 6” is an eligibility counter — trading days you must log, eight on Instant Pro — while the 10 working days of section 5c is a processing window that starts afterwards. That is not a contradiction, but a trader reading only the card should understand six days is the front half of the clock, not the whole of it.
What could not be verified is everything that matters most. Shark Futures publishes no audited payout data, no aggregate payout total, no approval or denial rate and no processing-time series, and no independent party attests to any of it. Section 5c reserves the point: “All payouts are subject to review and compliance with SHARK Futures program terms and risk guidelines at our full discretion.” Section 15b adds that “pending payouts may be forfeited if termination is due to breach of Terms”.
The public record is thin and contested. Shark Futures held a 4.2 TrustScore from 34 reviews on Trustpilot when checked on 27 August 2026 — a sample far too small to be evidence either way. The most recent entry, posted that morning by a reviewer displaying as Bode Madill, reads in full: “Does not payout. Deactivated all of my accounts as soon as I hit all payout criteria. Scam!” Twenty days earlier a reviewer displaying as Edward J wrote: “I dont know what people are doing and why they saying that they not pay, but ive got paid in one day 7.2k$. i recommend them to anyone.” Neither account could be independently verified by this publication.
The rule that gates your payout is not in the contract
The consistency rule is the mechanic that most often stops a passing account from being paid: it caps the share of total profit any single day may contribute, so a trader who makes most of a target in one strong session can clear every published threshold and still be refused. Shark Futures publishes its numbers plainly on the pricing cards — 40% during a Basic challenge, tightening to 35% once funded, and 20% on Instant Pro. That is more disclosure than several firms manage.
It is not in the terms of service. The Industry Spread downloaded that page on 27 August 2026, stripped the markup, and searched the 20,274 characters of visible text for the string “consistency”. The measured count is zero. No inflected form appears either, and the same search over the raw HTML also returns zero. On the pricing page, “Consistency” appears 18 times.
The document containing none of it describes itself, in section 1, as “a binding contract between you and UAB Propfirms”. A trader disputing a withheld payout would be arguing about a threshold that exists on a marketing page and nowhere in the agreement he accepted — the same structural gap we found at Funded Futures Network and, differently, at Uprofit.
How the terms compare
| Term | Shark Futures | TradeDay | Topstep (Express Funded) |
|---|---|---|---|
| Funded profit split | 90/10 PRO and Instant PRO; 80/20 Live | 50/50 below $4,000 net; 80/20 above; 90/10 in Funded Live | 90/10 |
| Consistency rule | 40% evaluation, 35% funded, 20% Instant Pro | 30% | 40% target, after a minimum of 3 days |
| $50K drawdown or loss limit | $2,000 trailing | $2,000 trailing | $2,000 max loss limit |
| Drawdown calculation | End of day, every tier | Intraday | Breach at $2,000 closes the account permanently |
| Payout eligibility | 6 trading days (8 on Instant Pro) | 1 minimum day | 5 winning days of $150 or more |
| Minimum or maximum request | $250 minimum, $100 buffer retained | $250 minimum, no buffer | Up to 50% of balance, capped at $5,000 |
Figures taken from each firm’s own published rules on 27 August 2026: Shark Futures pricing, TradeDay and the Topstep Express Funded Account rules; our fuller treatment of the Topstep route to real capital is here. On drawdown mechanics Shark Futures is the friendliest of the three — the only one applying an end-of-day floor across every tier.
Regulatory posture
The operating entity is UAB Propfirms, company registration number 307586597, at Antano Tumeno g. 4, LT-01110, Vilnius, Lithuania. The terms are governed by Lithuanian law with exclusive jurisdiction in the courts of Vilnius, and the firm commits to reporting suspicious activity to Lithuania’s Financial Crime Investigation Service. Payments are settled by Odeonpay ALE S.R.L, trading as Paysagi, acting as merchant of record rather than supplier. Restricted countries sit in a separate help-centre article, not in the contract.
An EU-incorporated futures prop firm is comparatively unusual in a cluster dominated by US, UAE and offshore vehicles, and it carries real consumer-law consequences: EU Directive 2011/83/EU rights are expressly preserved and the European Commission’s dispute-resolution platform is offered as a route. It is not financial regulation. A Lithuanian UAB registration is granted by a business registry and confers no supervision by the Bank of Lithuania or any other financial authority. Shark Futures says so itself in section 3: it “is NOT a broker, investment adviser, futures commission merchant (FCM), or financial institution”, and fees “are service fees for access to our simulated trading platform — they are not investments, deposits, or trading capital.” Traders who read an EU address as EU financial oversight are making the error set out in registered is not regulated; where supervision actually bites is mapped in our prop firm regulation perimeter. The simulated-versus-live question, which decides whether anyone holds your money at all, is unpacked in our BluSky review.
Frequently asked questions
Is the Shark Futures profit split really 90%?
On PRO and Instant PRO accounts, yes — section 5b confirms 90/10. On Live accounts it is 80/20. The pricing cards show only the 90% figure, so a trader who progresses to a live account finds the firm’s share has doubled from ten per cent to twenty.
How long does a Shark Futures payout take?
Two clocks run in sequence. You need six trading days on a Basic funded account, or eight on Instant Pro, before a request is eligible. Processing then “can take up to 10 working days” under section 5c. Minimum request is $250, and a $100 buffer must remain afterwards.
Does Shark Futures have a consistency rule?
Yes — 40% during a Basic challenge, 35% once funded and 20% on Instant Pro, all published on the pricing cards. It does not appear in the terms of service: a search of that document on 27 August 2026 returned zero occurrences across 20,274 characters of visible text.
Is Shark Futures regulated?
No. UAB Propfirms holds a Lithuanian company registration, not a financial licence, and the terms state plainly that the firm is not a broker, adviser, FCM or financial institution. Company registration in an EU member state is not supervision by a financial regulator.
This review is independent editorial analysis and is not financial, investment, or trading advice, and is not an endorsement or solicitation. The Industry Spread has no affiliate or referral relationship with the firms covered. Proprietary trading challenges carry a fee that is generally non-refundable, most participants do not reach a funded account, and funded capital is the firm’s capital, not the trader’s. Terms change frequently — always verify current rules directly with the firm before paying any fee.
Abdelaziz Fathi
Abdelaziz Fathi covers the intersection of forex/CFD brokerage, regulation, liquidity, fintech, and digital assets. With a B.A. in Finance and hands-on industry exposure, Aziz blends analytical rigor with clear storytelling to make complex market structure understandable for traders, brokers, and fintech professionals.
