Customer Reviews
A few words from our traders
Find out what our traders have to say about We Fund Your Trade.
Frequently Asked Questions
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.
Prohibited strategies include Latency trading, Arbitrage trading, High-Frequency Trading (HFT), and Group hedging/reverse trading. Account management services are also not allowed.
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.
You can trade in Forex, Commodities, and Indices.
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.
Indeed, the challenge takes place on a demo account. This allows us to evaluate your consistent trading skills without any capital risk. Unlike typical demo accounts, our challenge accounts mirror the performance of live market conditions. However, as this phase is solely for assessment purposes, withdrawal of profits is not permissible.
Absolutely, you can hold positions overnight and over the weekend. However, during volatile periods, leverage may be decreased, affecting the margin you need to have available.
At WFYT, we offer a wide array of payment methods, accepting all major credit and debit cards as well as direct wire transfers.
The total profit targets for our challenge are 10% for Step 1 and 5% for Step 2, based on the initial account balance. For instance, if your starting balance is $100,000 and your profit target is 10%, you would need to reach a balance of $110,000, including account equity. This implies that all positions must be closed.
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.
Trades must be held for at least three minutes.
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.
There are no maximum trade size limits during evaluation, provided you have sufficient funds for margin requirements.
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.