Trading Challenges2024-04-25T15:51:03+00:00

Choose Your WFYT Challenge.

Customer Reviews

A few words from our traders

Find out what our traders have to say about We Fund Your Trade.

Trading with WFYT has been an absolute pleasure. Their team of skilled professionals is not only knowledgeable in their field but also dedicated to providing top-notch service and support. They took the time to understand my unique needs in trading, took me through their trading platform which was so simple to use, the platform tools, analysis of economic data etc. I cannot recommend WFYT highly enough for any person seeking to be funded and trade the rest of his life. Highly innovative and exceptional customer care.

Alfred K

I purchased my challenge a few weeks ago. Mohamed helped me with the platform and understanding how to use it and how to utilize all the tools and data that’s offered.

Their platform is very easy to use after a few days of getting used to it. I like their support team as they are quick and efficient to respond to my queries. thank you We Fund You Trade

Fouad K

I was looking for a way to get started in trading, but I didn’t have the capital to fund my own account. I found We Fund Your Trade and was impressed with the level of support they offer. I was matched with a trader, Mohammed, who had a proven track record of success. He helped me to develop a trading plan and provided me with ongoing support. I’m now making consistent profits and I’m very happy with the service I received from We Fund Your Trade.

Mohammed was a great help to me when I was starting out in trading. He was patient and knowledgeable, and he took the time to explain everything to me in a way that I could understand. He also provided me with ongoing support, which was really helpful. I’m now making consistent profits and I’m very grateful for the help that Mohammed gave me.

Wael

Great experience so far. The back office team are always available to help when I’ve needed, the platform seems to be very user friendly and everything is running smoothly. Great team.

Matt B

Frequently Asked Questions

Is Copy Trading permitted?2023-09-14T15:22:04+00:00

Copy Trading, particularly from another evaluation account or any other accounts for the purpose of evaluation passing, is also prohibited. Breaching these rules could result in a review and potential agreement violation, leading to the loss of the funded account.

Why should I consider becoming a WFYT funded trader?2023-12-15T16:44:20+00:00

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.

What are the minimum trading days?2023-12-15T16:44:18+00:00

The minimum number of trading days is 5 for both Phase 1 and Phase 2 of the evaluation.

Could you clarify trading spreads, commissions, and fees?2023-08-24T13:20:01+00:00

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.

What is our profit split?2023-11-02T13:34:58+00:00

For the first three payouts of the live funded account, we offer an 80% share of profits made on the funded account. From the fourth payment onwards, the profit share is increased to 85%.

What is the maximum number of accounts I can hold?2023-12-15T16:39:30+00:00

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.

Can I engage in trading during news events?2023-08-24T13:19:57+00:00

Absolutely. With WFYT, you are free to trade at any time our markets are operational, including during news events.

Can I employ hedging strategies?2023-09-14T15:37:59+00:00

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.

How should I manage tax obligations on my trading profits?2023-12-15T16:44:21+00:00

The responsibility for meeting all relevant tax obligations in your country or region lies with you. It’s essential to keep track of and comply with your local tax laws regarding trading profits.

How do I withdraw profits once funded?2023-08-24T13:19:57+00:00

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.

What products can I trade?2023-08-24T13:20:01+00:00

You can trade in Forex, Commodities, and Indices.

What are the implications of rule violation?2023-08-24T13:20:00+00:00

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.

When are the trading hours?2023-08-24T13:20:01+00:00

Trading is possible during the trading times of Capital Index, which currently run from 22:00 Sunday to 21:45 Friday, UK time.

Is trading during high-impact news allowed?2023-08-24T13:20:01+00:00

Yes, there are no trading restrictions surrounding news or high-impact news releases.

How can I start my journey as a WFYT funded trader?2023-08-23T10:06:34+00:00

To embark on your journey as a funded trader, simply select the assessment level that best suits you and undertake the WFYT Audition. This audition will assess your trading skills, profitability and risk management strategies. Upon successful completion of the audition, we’ll provide you with a funded account. It really is that simple.