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

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.

Is prior experience a prerequisite to apply?2023-12-15T16:44:18+00:00

While you don’t need experience to purchase and attempt a funding evaluation, it is advisable. Without trading experience, the likelihood of successfully passing an evaluation is significantly lower.

What is the minimum trade duration?2023-08-24T13:20:04+00:00

Trades must be held for at least three minutes.

Can you explain slippage and its potential impact on my account?2023-12-15T16:44:21+00:00

Slippage refers to the disparity between the expected trade price and the actual execution price. At WFYT, we ensure your trades are filled at the projected price, thereby not passing any slippage on to your execution price.

Which markets are available for trading?2023-08-24T13:20:01+00:00

As a WFYT trader, you can trade in the Foreign Exchange (FX) market, Commodities, and Indices.

Are there trade size limits during the evaluation?2023-08-24T13:19:57+00:00

There are no maximum trade size limits during evaluation, provided you have sufficient funds for margin requirements.

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.

What trading strategies can I employ?2023-12-19T15:37:06+00:00

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.

Are there any hidden or recurring fees involved?2023-12-15T16:44:22+00:00

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.

What are the trading rules for funded accounts?2023-09-28T14:40:43+00:00

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.

Is there a consistency rule?2023-11-09T13:10:09+00:00

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.

Why does WFYT charge a fee for the audition?2023-08-24T13:19:49+00:00

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.

Is the assessment carried out on a demo account?2023-08-24T13:19:49+00:00

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.

What happens if I reach my Step 1 or Step 2 targets early?2023-09-14T15:14:57+00:00

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.

What is the maximum capital allocation?2023-12-15T16:44:19+00:00

The maximum capital allocation is $600,000, spread across a maximum of three accounts.