WFYT’s $1,000,000 Funded Trader Giveaway Event!
Register today and join us live on Facebook & YouTube for your chance to win a funded trading account worth up to $200,000
Embark on an exhilarating journey with WFYT’s captivating giveaway event, where your ambitions are set to soar with our generous prize offerings.
Imagine stepping into a realm of possibility and luxury, tailored just for you. This is your golden opportunity to seize a piece of the action! Experience the pure excitement of our giveaway, free from any gimmicks.
Seize this chance to secure your stake and watch as your potential unfolds into something truly remarkable. In the landscape of fortune, it’s those who dare who reap the rewards.
Join the adventure with WFYT, and get ready to lay claim to your very own profit share account, opening doors to new possibilities and prosperity.
Choose Your WFYT Challenge.
The $25,000 challenge
$197
The $50,000 challenge
$297
The $100,000 challenge
$577
The $200,000 challenge
$997
We fund. They trade.
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Frequently Asked Questions
The minimum number of trading days is 5 for both Phase 1 and Phase 2 of the evaluation.
At WFYT, the daily loss limit is calculated based on the ending equity balance of your account from the previous day. For instance, if your previous day’s closing equity balance was $100,000, the daily loss limit would be activated once your account equity drops to $95,000 within a day. It’s important to note that our daily stop-out level is percentage-based, not fixed, which means as your account grows, so does your daily stop limit. For example, if you grow your account from a $100,000 equity balance to $110,000, the daily stop out level increases from $5,000 to $5,500. Remember, all accounts are subject to the daily loss limit and max trailing drawdown rules in place at the time of purchase; any subsequent rule changes will not apply retroactively.
The fee charged for the WFYT Audition is in place for several reasons. Primarily, it helps cover our operational expenses, including technological platforms, personnel, customer service, marketing, and other crucial costs that contribute to a robust company. Furthermore, the fee ensures traders are committed to disciplined trading practices. The “skin in the game” concept encourages traders to manage their account responsibly. Notably, the audition fee is the only capital at risk for traders, as losses on live funded accounts are covered by WFYT. This fee also filters out and attracts only serious, profit-generating traders, fostering a strong WFYT community. Ultimately, we believe that the WFYT programme offers valuable service and the fee supports a beneficial, symbiotic relationship.
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.
At WFYT, we’ve negotiated favourable spreads with our broker, Capital Index. Importantly, there are no data fees, trading commissions, or slippage costs on trade execution. We aim to provide a transparent and cost-effective trading environment.
The outcome varies depending on the specific rule violated. Some breaches may be classified as soft breaches, others as hard breaches leading to account failure. Certain violations could result in a complete ban from our platform and funding services.
Your first withdrawal should be equivalent to the challenge fee, as it is refunded on your first withdrawal. Subsequent withdrawals should be a minimum of $100.
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.
WFYT places no restrictions on your trading strategy as long as you don’t use EA’s or connect via multiple devices or IP addresses.
All accounts we provide to our clients are demo accounts utilising virtual funds. Upon passing the evaluation phases clients continue to trade on simulated accounts and make performance fees of up to 85% of the increase in the account value.
You can utilise our trader dashboard, which offers a comprehensive analytics suite and tracks your trading account and all trades placed.
Yes, you can hold your trades open overnight and over the weekend. However, be aware that leverage may vary during periods of heightened market volatility.
No, once you are a funded trader with WFYT, there are no profit requirements. However, you are expected to maintain the same level of risk as per the funding plan.
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.
Indeed, the assessment takes place on a demo account. This allows us to evaluate your consistent trading skills without any capital risk. Unlike typical demo accounts, our evaluation accounts mirror the performance of live market conditions. However, as this phase is solely for assessment purposes, withdrawal of profits is not permissible.
