Choose Your WFYT Challenge.
The $25,000 challenge
$197
The $50,000 challenge
$297
The $100,000 challenge
$577
The $200,000 challenge
$997
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Frequently Asked Questions
We may, on a case-by-case basis, copy trades to our master account, which trades directly with the live market. We offer up to an 85% profit share to our traders and take 100% of the agreed 10% max risk on each account. The copying and execution method for each individual funded trader’s account is at the company’s discretion.
If you’ve honed your trading skills through hours of market study and have successfully demonstrated profitable trades, you might be facing the common challenge of undercapitalisation. This is where becoming a WFYT funded trader comes in. Our model allows you to keep up to 85% of your profits and protect your investments as all losses are covered by WFYT. Imagine if your trading skills resulted in a 30% return one month. With a small personal investment, this might not seem significant. However, by managing a large account like $200,000, this return suddenly becomes much more attractive, especially when you retain up to 85% of it. It’s worth noting that trading is inherently risky, and all traders have periods of break-even or loss. WFYT mitigates this by covering all losses and imposing rules that enhance risk management, whilst still allowing your trading strategies to flourish.
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.
Consistency Rule: To ensure our traders utilise a strategy that is able to be scaled successfully in the live market there must be consistency with the trade sizes used during each stage. The smallest executed trade must be at least 35% of the notional trade size of the largest trade per stage.
We do not accept payments made through a third party’s card/account. All evaluation purchases must be made by the card holder themselves.
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.
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.
We currently offer our own bespoke platform which is priced using institutional liquidity from our broker, Capital Index.
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.
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.
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.
No, WFYT is a proprietary trading firm. We do not accept deposits from traders for trading their own funds. As a trader, you don’t put your capital at risk and aren’t liable for losses incurred on live funded accounts.
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.
Copy Trading is not permitted during the evaluation stage if the intention is to pass the evaluation by mirroring another’s trades, whether from your evaluation accounts or from others. Traders found engaging in such practices may face review and potential breach of agreement, leading to the loss of the funded account.
Your trading account dashboards will provide key metrics such as daily loss limit, profit target, maximum loss limit, account equity, balance, monthly return and projected annual return. Additionally, you will have access to a comprehensive history of your account, including details of all executed trades.