FAQ's

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In order to become a funded trader, the first step is to choose the assessment tier that fits you best and take the We Fund Traders Audition — an assessment of your skills, risk management, and profitability as a trader. Once you pass the audition, we’ll set you up with a funded account.

It’s that easy.

Unlike other firms, we don’t have a minimum number of days, trading days or unique trades. To pass the We Fund Traders Audition, simply generate a return of 10% in your account while not incurring a daily drawdown of 4% or a maximum trailing drawdown of 5%.

Unlike other prop trading firms that can take 3 to 5 business days or more to review and verify your assessment, We Fund Traders will get you into a funded account within 24-48 hours. 

Simply email in your withdrawal request to propaccount@wefundtraders.com and as long as you have made 10% over 30 days your withdrawal request will be authorised.

First, it’s important to understand that there are two different types of breach: a hard breach and soft breach. A violation of the daily or maximum drawdown constitutes a hard breach. A soft breach occurs if, for example, a trader does not close positions by market close on Friday, or if they place a trade without a stop-loss. If a soft breach occurs, the trade is closed, and the trader can continue to trade.

During the We Fund Traders Audition, in the event of a hard breach, account access will be revoked. If a funded trader incurs a hard breach of the trading rules, trading account access will be revoked. Any profits earned by the trader at that time will be distributed.

In either case, traders can always start again with another We Fund Traders Audition. 

If you do not trade in any 30-day period, the account will expire.

For example, if you were $1k in profit your HWM = $26000 (based on $25k account audition).

Maximum Drawdown limit is 5% of starting Balance from HWM = $26000 – 0.05*25000 = $24,750

A trader can have multiple accounts but can only have one account per audition tier. Each account is independent and starts with an audition.

All WeFundTrader Audition accounts are demo accounts with virtual funding. Upon successful completion of the audition, traders receive login credentials to a live trading account with real funds. Traders are then entitled to 75% of profits generated in the live account (unless you have upgraded to 90%).

We do not limit your trading style or strategy, in any way. Whether your strategy involves discretionary trading, hedging, algorithmic trading, or anything else, you can use it with WeFundTraders. The only requirements are adherence to the trading rules.

Forex, Metals, Oils and Indices receive up to 10:1 leverage. Individual stocks receive 5:1 leverage. Cryptocurrencies receive 2:1 leverage. Traders can purchase an add-on at checkout to increase leverage on forex and metals to 20:1.

There are a few reasons.

First and foremost, the fee covers various operating expenses for WeFundTraders — including technology platforms, personnel, customer service functions, marketing and all the healthy expenditures that make a company strong.

In addition, the fee ensures that the trader is committed to the process and committed to successful, disciplined trading practices. When a trader has skin in the game, so to speak, they are incentivized to treat their account responsibly and with the utmost care. After all, the fee is but a small token of commitment rewarded with hundreds of thousands of dollars in real capital to trade. The best part of this arrangement for traders is that it is the only capital they risk. Traders cannot lose more than this fee, as losses on a live funded account are covered by WeFundTraders.

The WeFundTraders Audition fee serves as a filter for serious traders. The WeFundTraders community only works when it is comprised of experienced traders that can consistently generate a profit. With limited resources, the WeFundTraders Audition process reveals those who are committed and responsible traders.

At the end of the day, the WeFundTraders program is an extremely valuable service — a win-win for everyone — and the service is accurately priced to support a symbiotic relationship.