"We Fund You Trade" (WFYT) is a prop trading firm providing traders with substantial funding to maximize their trading potential. By offering funding of up to $200,000, WFYT allows traders to unlock new opportunities while minimizing personal financial risk. With competitive pricing, an appealing profit-sharing scheme, and a straightforward challenge, WFYT is designed to support and empower traders globally.

Company Information

Company Name: We Fund You Trade
Company Legal Name: Schubi Computer Software Trading LLC
Company Registration no.: 44 7947 769234

Challenge Details

Pricing:

• Size: $25,000 – Price: $197
• Size: $50,000 – Price: $297
• Size: $100,000 – Price: $577
• Size: $200,000 – Price: $997

Rules:

• Profit Target (Phase 1): 10%
• Profit Target (Phase 2): 5% 
• Total Loss: 10%
• Daily Loss: 5% 
• Profit Share: Up to 85%
• Drawdown Type: Equity-based Drawdown
• Time Limit: No time limit
• Leverage: 1:100
• Max Lot Size: Not specified
• Payout Frequency: 14 Days
• Allows Copy Trading: Yes only in funded phase
• Min Trading Days: 5 days 

Scaling Plan:

There is no mention of scaling plan by We Fund You Trade(WFYT).

Spreads and News Trading Rules

Spreads:

At WFYT, Spreads are highly competitive, ensuring that traders face minimal cost barriers in their trading activities.

News Trading Rules:

WFYT permits trading during news events, including high-impact news. Traders have the flexibility to execute trades during volatile periods without facing restrictions, which is often a limiting factor with other prop firms.

Other Important Rules

Daily Drawdown Calculation:

The daily drawdown limit is calculated based on the ending equity balance from the previous day. This is percentage-based so the as the account grows or shrinks in size, the daily drawdown limit increases or decreases respectively.

Countries Banned from Purchasing:

WFYT does not list specific countries, but they operate across 180+ nations. However, local regulations in some regions may affect eligibility. It is recommended to contact support for country-specific inquiries.

Prohibited Trading Strategies:

• Use of expert advisors (EAs), artificial intelligence, or high-frequency trading systems
• Use of multiple devices or IP addresses
• Exploiting price discrepancies or slippage
• Account rolling or over-leveraging
• Opening trades with drastically inconsistent sizes (either too large or too small)

Payout Methods

WFYT facilitates profit withdrawals twice a month through bank wire transfers. Traders must close all open trades when submitting withdrawal requests and they can resume trading once the requested amount is deducted from the account balance.

Trading Commissions

One of the standout features of WFYT is the complete absence of trading commissions. This helps traders keep costs down, making it easier to achieve profitability.

IP Rule

To prevent manipulation and ensure fairness, WFYT prohibits the use of multiple devices or IP addresses for trading. Traders are required to trade from a single IP address, ensuring that all activities are traceable and authentic.