We Fund You Trade (WFYT) is a proprietary trading firm designed to empower traders by providing access to significant capital without personal risk. With funding options reaching $200,000 and attractive profit splits up to 85%, WFYT caters to traders who have developed their skills but lack the necessary capital to scale their trading strategies. This review explores WFYT’s offerings, including its two-step evaluation process, trading conditions, and what traders can expect when pursuing funded accounts with WFYT.

We Fund You Trade Review: Is $200K in Funding Worth It?

We Fund You Trade (WFYT) is a prop trading firm that provides traders with the opportunity to access capital and trade without risking their own money. The company offers funded trading accounts with amounts up to $200,000, aiming to help traders maximize their potential by eliminating capital constraints. The firm promises a profit split of up to 85%, allowing traders to retain a significant portion of their earnings.

What Does We Fund You Trade Offer?

WFYT offers a two-step challenge to help traders secure funded accounts. The challenge includes targets such as achieving specific profit levels and adhering to risk management rules, such as daily and overall loss limits. Successful traders gain access to funded accounts ranging from $25,000 to $200,000.

Key Features of WFYT Funded Accounts:

• Funding amounts up to $200,000.
• Profit splits up to 85%.
• No commissions on trades.
• Advanced dashboard for performance tracking.
• Bi-monthly payouts.
• Free coaching and psychology sessions.
• Ability to hold trades over the weekends and through news events.

Who Can Benefit from We Fund You Trade?

WFYT is designed for traders who can predict market movements, manage risks effectively, and generate profits using the firm’s capital. It caters to traders looking for an opportunity to trade like professionals without the burden of initial capital.

WFYT Challenges and Pricing

WFYT provides various challenges, including the $100,000 challenge priced at $577. The challenge involves a two-step process where traders must meet profit targets while staying within the set loss limits. The leverage offered is up to 1:100, and upon completion, the challenge fees are refunded.

Details of the $100,000 Challenge:

• Step 1: 10% profit target ($10,000) with a maximum daily loss of 5% ($5,000).
• Step 2: 5% profit target ($5,000) with a maximum overall loss of 10% ($10,000).
• Trades are allowed on forex, indices, and commodities.

Challenge Evaluation and Rules

We Fund You Trade’s challenge evaluation is designed to test traders’ abilities to manage risk and achieve profitability under real market conditions, although conducted on demo accounts. The challenge is divided into two steps: Step 1 requires traders to achieve a 10% profit target with a maximum daily loss limit of 5% and a total loss limit of 10%. Step 2 adjusts the profit target to 5% while maintaining the same risk parameters. The daily loss limit is dynamically calculated based on the previous day’s closing equity, meaning as the account grows, so does the daily stop-out level. The challenge has a minimum trading period of five days per step, with no maximum time limit for completion. Additionally, the rules are set at the time of account purchase and remain unchanged even if new rules are introduced later.

Trading Rules and Risk Management

For funded accounts, the trading rules remain consistent with those from the evaluation stage, excluding the profit target rule. This ensures that traders continue to operate under familiar risk parameters such as the maximum daily loss and trailing drawdown limits. The maximum allowable loss on any account is capped at 10% of the initial starting balance; for instance, in a $100,000 evaluation, the account would breach this rule if the balance drops to $90,000. The consistency rule is also enforced, requiring that the smallest executed trade be at least 35% of the notional size of the largest trade within each stage, to promote scalable and disciplined trading strategies.

General Guidelines and Implications of Violations

Traders in WFYT challenges start on demo accounts that replicate live market conditions to evaluate trading performance without real financial risk. Funded traders face specific guidelines, including no profit targets but with mandatory adherence to the outlined risk rules. First withdrawals in funded accounts should cover the challenge fee, which is refunded, with subsequent withdrawals requiring a minimum of $100. Violations of trading rules vary in severity; soft breaches may result in warnings, while hard breaches, such as exceeding the maximum loss limits or employing prohibited strategies, can lead to account termination or even permanent bans from WFYT’s services. Monitoring of these rules is facilitated through the trader’s dashboard, which continuously updates performance metrics and risk parameters.

Trading Flexibility and Platforms

We Fund You Trade offers significant flexibility for traders, including the ability to engage in trading during news events and to hold positions overnight and over weekends. The firm’s proprietary trading platform, which uses institutional liquidity from their broker Capital Index, supports trading in Forex, Commodities, and Indices. Traders benefit from favorable spreads without any data fees, trading commissions, or slippage costs on trade execution. However, it is important to note that the use of hedging strategies is restricted; while simultaneous long and short positions within the same account are allowed, opposite positions across multiple accounts are considered a breach of conduct. The minimum trade duration on the WFYT platform is three minutes, and while Stop Loss and Take Profit orders are not mandatory, they are strongly recommended for effective risk management.

Risk Management and Leverage

WFYT provides a leverage ratio of up to 1:100, although this may be adjusted during periods of high market volatility, especially if trades are held overnight or over weekends. The trading dashboard offers comprehensive analytics and metrics to help traders manage their accounts effectively, displaying key information such as daily loss limits, profit targets, maximum loss limits, account equity, and a complete history of all trades executed. This dashboard is an essential tool for monitoring trading objectives and ensuring compliance with WFYT’s rules, including the consistency rule, which requires the smallest executed trade to be at least 35% of the largest trade’s notional size per stage. Violating trading rules, such as using prohibited strategies or engaging in group hedging, can result in account termination or a ban from funding services.

Prohibited Strategies and Trading Guidelines

WFYT enforces strict guidelines to maintain the integrity of its funded accounts. Traders are prohibited from using strategies such as Latency trading, Arbitrage trading, High-Frequency Trading (HFT), and account management services. Copy trading, particularly from evaluation accounts or for the purpose of passing evaluations, is also not permitted. The firm reserves the right to copy trades from funded accounts to a master account on a discretionary basis, with up to an 85% profit share offered to traders. Trading hours are aligned with the Capital Index schedule, operating from 22:00 Sunday to 21:45 Friday, UK time. Adherence to these rules ensures that traders are operating within WFYT’s standards and can continue to benefit from the funding and resources provided.

Qualification and Becoming a Funded Trader

To qualify as a WFYT funded trader, individuals must be at least 18 years old and demonstrate consistent profitability and disciplined risk management through the WFYT Audition. This audition serves as an evaluation of the trader’s skills, profitability, and risk management strategies. Upon successful completion, traders receive a funded account that matches the capital they managed during their audition phase, such as a $200,000 account if that was the amount used in the evaluation. This process allows traders to leverage WFYT’s capital without risking their own funds, while benefiting from a profit share of up to 85% of their earnings.

Account Management and Rules

Funded traders at WFYT can manage multiple accounts, with a combined funding limit of up to $600,000 across three accounts. Each funded account corresponds to the specific amount selected during the WFYT Audition, and all trading is conducted on demo accounts that closely replicate live market conditions. This setup aims to protect traders from capital risk while ensuring realistic trading performance. To maintain fairness and integrity, WFYT imposes specific rules such as prohibiting Copy Trading during evaluations, limiting the use of hedging across multiple accounts, and setting clear guidelines on slippage and trade execution. Additionally, WFYT offers a refund of the evaluation fee upon the trader’s first profit withdrawal from their funded account.

Contractual Agreements and Profit Allocation

All funded traders enter into a legally binding contract with WFYT, which outlines the terms of the funding relationship, including rules around trading conduct and profit sharing. Initially, funded traders receive an 80% profit share on their earnings for the first three payouts, which increases to 85% thereafter. The agreement also specifies that while there are no recurring or hidden fees, traders must adhere to the terms and conditions, such as not exceeding the funding cap of $600,000 across accounts or employing prohibited trading strategies like Latency trading or Arbitrage. WFYT’s partnership with Capital Index as its brokerage service ensures that trades are executed with live market liquidity, and traders can focus on achieving profitability within the structured support of the firm’s funded program.

Conclusion

We Fund You Trade (WFYT) presents a compelling opportunity for traders looking to scale their trading without risking personal capital. With funding options that reach up to $200,000 and profit splits as high as 85%, WFYT appeals to those who have honed their trading skills but face the common hurdle of undercapitalization. The firm’s structured evaluation process through the WFYT Audition allows traders to demonstrate their profitability and risk management skills in a controlled, demo environment that mimics live market conditions. This setup not only safeguards the trader but also helps WFYT to thoroughly assess the potential of each trader before providing access to live-funded accounts.

One of WFYT’s key strengths is the flexibility it offers traders, including the ability to trade during news events, hold positions overnight and over weekends, and manage multiple funded accounts within certain limits. The platform is tailored to support serious traders with tools like an advanced dashboard that continuously updates critical metrics such as daily loss limits, profit targets, and overall account performance. However, the firm’s stringent adherence to rules, including restrictions on hedging and copy trading, emphasizes the importance of disciplined trading and adherence to best practices, which can be a double-edged sword for those not accustomed to such frameworks.

Overall, WFYT provides a robust environment for skilled traders to excel, backed by a clear contractual agreement and a generous profit-sharing model that scales with the trader’s success. The absence of hidden fees and the promise of refunding the evaluation fee upon the first profitable withdrawal further highlight WFYT’s commitment to its traders’ success. While the firm’s comprehensive rule set and risk management requirements may pose challenges for some, they are fundamentally designed to protect both the trader and the firm’s capital. In conclusion, WFYT stands out as a viable option for disciplined traders seeking to advance their trading careers with the backing of significant capital, provided they are prepared to operate within the firm’s defined parameters.