Customer Reviews
A few words from our traders
Find out what our traders have to say about We Fund Your Trade.
Frequently Asked Questions
We rely on Capital Index for brokerage services.
Not necessarily, though we strongly advise utilising Stop Loss and Take Profit orders for efficient risk management.
The outcome depends on the specific rule broken. For instance, accounts found using a prohibited strategy can result in funded account termination & potential ban from our services and funding. Breaching the max daily loss rule can lead to a funded account closure.
There are no maximum trade size limits during evaluation, provided you have sufficient funds for margin requirements.
In Step 1 and Step 2 , you’re required to trade for at least 5 days. If you’ve fulfilled these minimum trading days and achieved your profit targets without violating any rules, you are eligible to pass your phase early.
Profit withdrawals are facilitated via bank wire transfers, available twice per month. All trades on the account must be closed when submitting the withdrawal request. Trading may resume once the withdrawal amount has been deducted from the trading account balance.
As a WFYT trader, you can trade in the Foreign Exchange (FX) market, Commodities, and Indices.
The maximum loss is 10% of the initial starting balance. For example, for a $100k evaluation, the maximum loss is $10,000. This rule is violated if the account balance or equity drops to $90,000 or lower at any time.
Absolutely. If all required trading objectives are met within the specified time frame without any rule violation, the trader successfully passes the evaluation phase and transitions to a live funded account.
No, there are no hidden or recurring charges. The only fee is the one-time payment for the WFYT Audition. You won’t be asked to pay any ongoing monthly fees.
You are free to hold as many evaluation accounts as you wish. However, we limit the funding to three live accounts at any given time. The total funded account size across multiple accounts can’t exceed $600,000. Trading the same markets simultaneously on more than one account constitutes a breach of our terms and conditions.
Our trading platform permits simultaneous long and short positions in the same market. However, opposite positions across multiple accounts whether in the evaluation or live stage are considered a breach of conduct and could lead to account closure. For instance, trading EUR/USD long on one account and short on another is termed ‘grid trading’ and is not allowed.
Once you’ve completed the payment for your WFYT Audition, your account credentials along with a platform download link will be sent to your email within a matter of minutes.
Step 1 entails a 10% profit target and 5% maximum daily loss and 10% maximum total loss. Step 2 entails a 5% profit target, 5% max daily loss, and 10% max total loss.
The trading rules for funded accounts closely mirror those of the evaluation stage. The same risk parameters apply to both the evaluation phase and funded accounts, except for the profit target rule which is removed.