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Waka Funding Review 2025 – Prop Firm Features, Rules & Payout Explained

Read our full Waka Funding review, including a detailed breakdown of Challenge types, Drawdown rules, Prohibited Strategies, and Payout process.

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Waka Funding

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Forex, Commodities, Indices

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Trading Platforms:
Withdrawal Method:
Deel

Deel

Crypto

Crypto

Wire Transfer/ Bank Transfer

Wire Transfer/ Bank Transfer

Payment Method:
Brokers:
Eightcap

Eightcap

Company Information

  • Company Name: Waka Funding
  • Company Legal Name: Prop Trade Tech LLC
  • Company Registration No.: 2784 LLC 2022
  • Operating Since: Undisclosed
  • CEO Name: Undisclosed

Challenge Details

Pricing

  • Price: $275 for a $25,000 account
  • Price: $375 for a $50,000 account
  • Price: $575 for a $100,000 account
  • Price: $975 for a $200,000 account

Rules

  • Profit Target (Phase 1): 10%
  • Profit Target (Phase 2): Not specified
  • Total Loss: 8%
  • Daily Loss: 4%
  • Profit Share: Starts at 50%, increases up to 80% with each payout
  • Drawdown Type: Trailing Drawdown
  • Time Limit: Unlimited
  • Leverage:
    • 1:100 for the evaluation phase
    • 1:30 for the funded phase
  • Max Lot Size: No lot size limit
  • Payout Frequency: Every 30 days
  • Allows Copy Trading: Yes
  • Min Trading Days: 5 days

Scaling Plan

Waka Funding did not offer any Scaling Plan.

Spreads and News Trading Rules

Spreads

Waka Funding offered raw spreads during their operations.

News Trading Rules

Waka Funding allowed news trading during their operations.

Other Important Rules

Daily Drawdown Calculation

Waka Funding calculated Daily and max drawdown based on the equity or balance whichever is higher at any moment of the day. The drawdown type used by Waka Funding was trailing drawdown which means the drawdown limit will stay static but the drawdown amount change it's place as the account balance grows.

Countries Banned from Purchasing

Waka Funding had not mentioned any list of countries which are restricted on their website.

Gambling Rules

Waka Funding had not mentioned any gambling rule on their website.

Prohibited Trading Strategies

Waka Funding had not mentioned any list of prohibited trading strategies on their website.

Payout Methods:

Waka Funding offered only 2 payout methods :-

  • Cryptocurrency
  • Bank Transfer

Trading Commissions:

Trading Commissions charged by Waka Funding on their platforms were :-

  • $7 per lot for Forex pairs (commission is proportional for partial lots)
  • Indices, commodities, and other instruments incur only market spreads

IP Rule

Waka Funding had not mentioned any information related to IP Rule on their website.

FAQs

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Waka Funding Review 2025 – Prop Firm Features, Rules & Payout Explained | The Trusted Prop