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
The minimum number of trading days is 5 for both Phase 1 and Phase 2 of the evaluation.
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.
Trades must be held for at least three minutes.
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.
As a WFYT trader, you can trade in the Foreign Exchange (FX) market, Commodities, and Indices.
There are no maximum trade size limits during evaluation, provided you have sufficient funds for margin requirements.
Trading is possible during the trading times of Capital Index, which currently run from 22:00 Sunday to 21:45 Friday, UK time.
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.
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.
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.
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.
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 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.
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 maximum capital allocation is $600,000, spread across a maximum of three accounts.