WeGetFunded stands out as a prop firm with a low minimum challenge fee of $79 and a profit split that is customizable between 80% and 90% options.
Also, WeGetFunded provides funding up to a whopping $4,000,000 through scaling. In this review, we will examine all of this prop firm's aspects and specifics to help you decide.
Company Information Overview
WeGetFunded is a proprietary trading firm that facilitates funding for traders via challenges. Founded in 2023 by a team of over 80 seasoned traders as claimed by the company, this prop firm understands the challenges and aspirations of traders.
Based on the data found on the Google Maps platform, this firm is headquartered in DDP 24522, IFZA, Business Park, Dubai, United Arab Emirates.
Main Features and Specifics
To give you a clear picture of what WGF offers, here's a concise summary of its key features:
Account Currency | USD |
Minimum Price | $79 |
Maximum Leverage | 1:100 |
Maximum Profit Split | 90% |
Instruments | Forex, Indices, Stocks, Crypto, Bonds, etc. |
Assets | Not Specified |
Evaluation Steps | 1-Step, 2-Step |
Withdrawal Methods | Bank Transfer, Crypto |
Maximum Fund Size | $4,000,000 Through Scaling |
First Profit Target | 8% |
Max. Daily Loss | From 5% |
Challenge Time Limit | Unlimited |
News Trading | Allowed |
Maximum Total Drawdown | From 12% |
Trading Platforms | cTrader |
Commission Per Round Lot | Not Specified |
Trustpilot Score | 4.2/5 |
Payout Frequency | First Withdrawal is Accepted After Four Weeks Next Payouts Are Done Bi-weekly |
Established Country | United Arab Emirates |
Established Year | 2023 |
Advantages And Disadvantages
Like any trading opportunity, WeGetFunded comes with some significant pros and cons. Let's break them down:
Advantages | Disadvantages |
High Profit-Sharing Ratio (Up To 90%) | Quarterly Performance Reviews May Add Pressure |
Flexible Challenge Options | Limited Choice Of Trading Platforms |
Scaling Plan Up To $4 Million | Support Only Available via Email |
Refund Of Challenge Costs Upon Success | - |
Funding & Price Range On WeGetFunded
WeGetFunded offers a range of funding options to suit different trader needs and experience levels. Here's an overview of their pricing and funding structure:
- Funding: From $10K to $200K for the initial balance, up to $4,000,000 via scaling
- Price: From $79 to $1,149 for classic and unlimited challenges
Account Registration and Identity Verification
Getting started with WGF is a straightforward and fast process that will be discussed and reviewed in this section. Account Registration with WeGetFunded:
- Visit the website and click "Members Area";
- Click "Create Account";
- Complete the registration form with information about your identity and residence location;
- Authorize your email address.
Now, your account is created with the prop firm. For identity verification, first, you need to buy a challenge, then upload the necessary documents related to your identity and residence location.
Evaluation Stages and Program Specifics
WeGetFunded offers two distinct evaluation processes to facilitate a versatile experience for its traders. We will discover each program in its corresponding table. 2-Step Program (Classic):
Funding | $10K | $25K | $50K | $100K | $200K |
Trading Period | Unlimited | ||||
Max. Daily Loss | 5% | ||||
Max. Total Drawdown | 12% | ||||
Profit Target | 8%-5% | ||||
Profit Split | 80% (Upgradable to 90%) | ||||
Price | $79 | $199 | $299 | $499 | $979 |
1-Step Model (Unlimited):
Funding | $25K | $50K | $100K | $200K |
Trading Period | Unlimited | |||
Max. Daily Loss | 4% | |||
Max. Total Drawdown | 6% | |||
Profit Target | 10% | |||
Profit Split | 80% (Upgradable to 90%) | |||
Price | $229 | $349 | $649 | $1,149 |
Also, a "Free Trial" account is available for practice without any fees.
WeGetFunded Bonuses and Promotions
Based on our investigations, the company does not currently offer any specific bonuses or promotions. Prop firms occasionally offer discount codes through official or third-party sources; therefore, always check these sources for any promotions.
Does WeGetFunded Offer Multiple Platforms?
WeGetFunded exclusively uses the cTrader platform, which is known for its advanced features and user-friendly interface. Here's why cTrader stands out:
- Low-latency execution for precise order placement;
- Advanced charting tools and technical indicators;
- Customizable interface to suit individual trading styles;
- Algorithmic trading capabilities for those using EAs;
- Mobile app for trading on-the-go;
- Robust risk management features.
However, some traders might prefer more platform options and find focusing on a sole choice a drawback.
Tradable Markets
WGF, like many other prop firms, offers a decent range of tradable instruments in different markets. In the list below, we will mention some of them:
- Forex;
- Indices;
- Stocks;
- Cryptocurrencies;
- Bonds.
The company's website does not go into detail regarding this topic, and only gives a general image of its offerings. It states that all available assets on the cTrader platform are accessible to WGF's clients.
Which Options Are Available for Payments?
WeGetFunded understands the importance of flexible and secure payment options. They offer three main methods for deposits and withdrawals:
- Bank Transfer: Traditional and widely accessible
- Crypto: For those preferring cryptocurrency transactions
- Credit/Debit Card: Convenient payments for challenges
WeGetFunded Prop Firm Commissions And Costs
This prop firm tries to keep a competitive fee structure. Here's what you need to know:
- There are no hidden fees or commissions on trades;
- One-time challenge fee (refunded upon first withdrawal after success);
- Standard spreads apply to all trades.
However, there's no exact information regarding trading commissions and spreads. The firm only states that there are "exceptionally low commissions and ultra-competitive spreads". Lack of clear data can be considered a drawback.
How Are The Trust Scores on Reputable Websites?
Trust is crucial in the prop trading industry, and WeGetFunded's Trustpilot scores reflect positively on their reputation:
- Overall rating is 4.2 out of 5 stars (based on over 200 reviews);
- Nearly 80% of reviews are 5-star ratings.
WGF actively responds to negative reviews (+90% response rate), demonstrating its commitment to addressing customer concerns and maintaining service quality. However, there are no ratings and reviews on other credible websites.
Support Team Contact Channels and Working Hours
This is where WeGetFunded does a poor job. Most companies in various fields, including finance, provide 3 or more contact methods for customer services, but WGF only provides an email address: support@wegetfunded.com.
Besides, the team is not available 24/7, and the schedule is Monday to Friday, 8:00-20:00 (UTC+2). Support section in this prop firm is one of its most significant weaknesses.
Social Media Accounts and Pages
WeGetFunded maintains an active presence on various social media platforms. You will find the links to the corresponding accounts here:
- Facebook: https://www.facebook.com/100091534514363/
- Instagram: https://www.instagram.com/wegetfunded/
- X (Formerly Twitter): https://twitter.com/WeGetFunded
- YouTube: https://www.youtube.com/@wegetfunded
- Tiktok: https://www.tiktok.com/@wegetfunded
- Telegram: https://t.me/wegetfunded
- Medium: https://medium.com/@wegetfunded
- Linkedin: https://www.linkedin.com/in/we-get-funded-643569271/
- Discord: https://discord.gg/GP5bzHbNfz
Following WeGetFunded on these platforms can provide valuable insights into their services, trading tips, and company updates.
Expert Suggestions
WeGetFunded might be a suitable prop firm with benefits such as a profit share up to 90% and a whopping amount of up to $4M funding. Also, initial challenge fees are refundable.
However, the very limited support services via email is a major drawback and should be seriously considered. Also, no accurate and exact data is provided about the spreads and commissions in trading, which might have various meanings.