We Fund You Trade (WFYT) has emerged as an exciting option for aspiring traders looking to access significant capital up to $200,000 without risking their own funds. This prop firm flexible trading conditions with 85% profit split.
In this We Fund You Trade review, we will provide in-depth information about its challenges, trading platforms, pros, cons, and the overall experience of trading in WFYT prop firm.
We Fund You Trade Prop Firm Company Information
We Fund You Trade is a proprietary trading firm that aims to identify and support talented traders by providing them with substantial trading capital. Founded with the mission of empowering traders to reach their full potential, WFYT offers a unique opportunity for both novice and experienced traders to showcase their skills and trade like professionals.
Key features of WFYT include:
- Funded accounts ranging from $25,000 to $200,000
- Account prices ranging from $197 to $997
- Profit splits of up to 85% for funded traders
Unfortunately, WFYT doesnāt provide information about its founder, headquarters, and Founding date. This hurts the legitimacy of the platform raising doubt about their existence.
We Fund You Trade prop specifications
Here's a quick overview of what We Fund You Trade offers:
Account currency | USD |
Minimum price | 197$ |
Maximum leverage | 1:100 |
Maximum profit split | 85% |
Instruments | Forex, indices, commodities |
Assets | EUR/USD, S&P 500, Gold |
Evaluation steps | 2 |
Trading platform | Proprietary trading platform |
Withdrawal methods | Bank Transfer, crypto |
Maximum fund size | $200,000 |
First profit target | 10% |
Maximum daily loss | 5% |
Challenge time limit | Unlimited |
News trading | Yes |
Maximum total drawdown | 10% |
Commission per round lot | 0% |
Trust pilot score | 3.7/5 |
Payout frequency | Bi-Monthly |
Established country | N/A |
Established year | N/A |
Benefits and Drawbacks of We Fund You Trade Prop Firm
Let's take a look at the advantages and disadvantages of trading with We Fund You Trade:
Advantages | Disadvantages |
High profit split (up to 85%) | No instant funding option |
Large funding amounts available (up to $200,000) | Limited range of tradable instruments compared to some competitors |
Educational resources and coaching | No available data about company registration |
No commissions on trades | Mixed user reviews |
What are Funding and Challenge prices in We Fund You Trade?
We Fund You Trade offers 4 funding option to accommodate traders with different skill levels and risk appetites:
Funding size | $25k | $50k | $100k | $200k |
Evaluation price | $197 | $297 | $577 | $997 |
These simple options make choosing a funded account and challenge an easy/hassle free process.
We Fund You Trade Registration & Verification Guide
To begin your journey with We Fund You Trade, follow these steps:
- Visit the official WFYT website and click on "Start Now;"
- Choose your preferred account size and challenge type;
- Choose your desired payment option;
- Complete the registration form with your personal details;
- Complete the purchase details;
- Trade on your account and reach the profit target while avoiding drawdown limits;
- Verify your account to become eligible for withdrawals.
We Fund You Trade (WFYT) Prop Evaluations Overview
WFYT offers a two-step evaluation process for all account sizes:
Account Size | $25k | $50k | $100k | $200k |
Maximum daily drawdown | 5% | |||
Maximum overall drawdown | 10% | |||
First profit target | 10% | |||
Second profit target | 5% | |||
Profit split | Up to 85% | |||
Minimum trading days | 5 days | |||
Minimum challenge fee | $197 | $297 | $577 | $997 |
Refundable fee upon challenge completion | Yes |
Upon successful completion of both steps, traders gain access to a funded account with the same balance as their challenge account.
We Fund You Trade Bonuses and Discounts
While WFYT doesn't regularly offer public discounts, they occasionally provide special promotions through their social media channels, newsletter or websites main page. Currently, traders can get 50% Halloween discount code and buy challenges for half the price.
To stay updated on potential discounts:
- Follow WFYT on Facebook, Instagram, Discord and Twitter
- Subscribe to their YouTube channel
- Join their Discord community
- Sign up for their email newsletter
You can also reach out to their customer support team to inquire about any ongoing promotions or discounts for new traders.
What instruments & symbols can I trade on We Fund You Trade?
WFYT offers a diverse range of tradable instruments, including:
- Forex: Various currency pairs, including EUR/USD, USD/JPY, and EUR/GBP
- Commodities: Precious metals and energy products, including gold and Crude oil
- Indices: Top Global indices including Nasdaq and FTSE 100
Although We Fund You Trade provides a variety of instruments, its selection is smaller compared to other prop firms.
We Fund You Trade prop firm payment and Payout Options
WFYT offers various payment options:
Challenge Payment Methods
- Credit/Debit Cards: Visa, Mastercard, American Express
- Cryptocurrencies: Bitcoin, Ethereum, Litecoin. etc
Payouts and withdrawals
- Bank Transfer
- Cryptocurrencies
Processing times and fees may vary depending on the chosen payment method.
We Fund You Trade Trading fees (Commission & Costs)
One of the standout features of WFYT is their zero-commission policy on all trades. However, traders should be aware of the following costs:
- Challenge fee: One-time payment to participate in the evaluation process
- Spread costs: Variable spreads apply to all trades
- Swap fees: Applicable for positions held overnight
There are no hidden fees or additional charges once you become a funded trader.
We Fund You Trade User Reviews and Trust scores
We Fund You Trade has garnered mixed reviews on Trustpilot, with an overall score of 3.7 out of 5 stars based on over 190 reviews. Traders accused WFYT for dishonesty and strict trading rules but the support team puts the time to respond to tradersā complaints in a reasonable way.
Alt: We Fund You Trade Trustpilot score
Caption: We Fund You Trade has 25% 1-star reviews which shows traders disappointment with the platformās offerings
It's important to note that individual experiences may vary, and potential traders should carefully consider both positive and negative feedback.
We Fund You Trade Prop Firm Customer Services
WFYT customer support channels are limited compared to other prop firms. These channels include:
- Live Chat: Available 24/7 for quick queries
- Email Support: support@wfyt.com
- FAQ Section: Comprehensive answers to common questions
The support team is known for their prompt and helpful responses, assisting traders with both technical and account-related issues.
We Fund You Trade Prop Firm Socials
Stay connected with WFYT through their active social media presence:
- Facebook: https://www.facebook.com/wfytcom
- Instagram: https://www.instagram.com/wefundyoutrade
- YouTube: https://www.youtube.com/@wefundyoutrade
- Discord: https://discord.com/invite/wfyt
Following these channels can provide valuable information, community engagement, and potential promotional offers.
TF Expert Suggestion
We Fund You Trade offers an opportunity for traders to access significant capital up to $200,000 and up to 85% profit split. With its zero commissions and a range of educational resources, WFYT stands out in the competitive prop firm landscape.
However, the lack of valid company information and office registration data combined with mixed user reviews are WFYT main issues that must not be overlooked.
Ultimately, whether WFYT is the right choice depends on your trading experience, risk tolerance, and long-term goals. We recommend thoroughly reviewing their terms and conditions and starting with a smaller account size to test the platform before committing to larger challenges.