Since starting in 2023, WSFunded, or Wall Street Funded, set up in Andorra, engages traders with its diverse range of trading challenges named Rapid, Classic, and WSF Ultra, across platforms such as cTrader and DxTrade.
It deals in various financial instruments like Forex, commodities, and indices. Traders benefit from an 80% profit split, designed to support their trading ambitions. Interested in trading with WSFunded? Follow this link to start today.
WSFunded Prop Firm: Available Coupon Information
At this time, there are no coupon codes for WSFunded Prop Firm. Traders should check the firm’s website or sign up for notifications to be informed of any future discounts or promotional offers.
Getting to Know WSFunded Prop Firm
WSFunded’s Corporate Name
The firm is officially registered as WSfunded, in line with its brand identity and market presence.
Company Street Address
WSFunded operates from Av Princep Benlloch 93 ESPAI 3, AD500, Andorra, a respected European financial hub.
Starting Year for WSFunded Prop Firm
Founded in 2023, WSFunded is a recent player in the prop trading market, bringing innovative strategies and perspectives.
Business Location Registry for WSFunded
Despite being based in Andorra, WSFunded is registered in the United States, ensuring compliance with robust regulatory standards.
WSFunded Prop Firm’s Ownership Explained
The firm is owned by Iñaki Martínez and Albert Suriol.
WSFunded Prop Firm’s Trading Platforms
WSFunded provides its traders with access to two leading trading platforms:
- cTrader: Known for its user-friendly interface and comprehensive charting capabilities, cTrader is especially popular with Forex traders requiring detailed analytical tools and support for algorithmic trading.
- DxTrade: A highly versatile platform with customizable features, DxTrade offers a user-friendly environment for traders of all experience levels.
These platforms ensure WSFunded traders have access to advanced technologies to enhance their trading strategies.
Instruments Available at WSFunded Prop Firm
WSFunded allows traders to engage with a wide range of financial instruments, including:
- Forex: Access to major, minor, and exotic currency pairs.
- Commodities: Trading in energy products like oil and various agricultural commodities.
- Indices: Exposure to global markets through major indices.
- Metals: Trading in precious metals such as gold and silver.
- Crypto: Participation in the dynamic cryptocurrency markets.
This broad selection enables traders to diversify their portfolios and take advantage of various market opportunities.
WSFunded Prop Firm Payment Options
WSFunded supports a variety of payment methods for deposits and withdrawals:
- Credit Cards: Known for their ease and quick processing.
- Crypto Payments: Including Bitcoin (BTC) and Tether (USDT), offering privacy and lower transaction fees.
These options are tailored to a global clientele, ensuring efficient and secure financial transactions.
Account Size Options at WSFunded Prop Firm
WSFunded provides a variety of account sizes to meet different levels of trading experience and investment capacity:
Available Sizes: $5k, $10k, $25k, $50k, $100k, and $200k.
These choices allow traders to start with a small investment and scale up as their confidence and trading strategies develop.
Profit Split Structure at WSFunded Prop Firm
WSFunded offers a generous profit-sharing arrangement for its traders:
- Standard Split: Traders receive 80% of the profits, a competitive rate within the industry.
This substantial profit split motivates traders to excel, ensuring they keep a significant portion of their earnings and aligning their interests with those of the firm.
Profit Targets at WSFunded Prop Firm
Rapid Challenge:
A 10% profit target aimed at quickly demonstrating trading skills.
Classic and WSF Ultra Challenges:
- Phase 1: 8% profit target.
- Phase 2: 5% profit target, advancing traders to funded trading.
These targets require traders to show profitability and effective trade management.
Maximum Drawdown and Loss at WSFunded Prop Firm
Rapid Challenge: Maximum daily loss of 4% and total loss of 6%.
Classic/WSF Ultra Challenges:
- Maximum daily loss of 5%.
- Total loss limits: 8% for Classic and 10% for WSF Ultra.
Trading Days Requirements at WSFunded Prop Firm
WSFunded offers a flexible schedule for trading challenges:
- No Minimum Trading Days: Start the challenge without pressure to trade immediately.
- Unlimited Maximum Trading Days: No limit on the maximum trading days, allowing traders to proceed at their own pace.
This flexibility helps traders focus on strategic decisions without pressure.
Steps in WSFunded Prop Firm Challenge
WSFunded offers structured paths to trading success:
- Rapid (1-step) Challenge: A quicker path to funding.
- Classic (2-step) Challenge and WSF Ultra (2-step) Challenge: Multi-phase challenges for consistent performance over two phases.
These models are designed to suit different trader preferences and readiness levels for funded trading.
WSFunded Prop Firm Challenge Pricing
WSFunded’s challenges are competitively priced to be accessible to a diverse range of traders:
Rapid Challenge Pricing:
- 10k – $109
- 25k – $249
- 50k – $359
- 100k – $649
Classic Challenge Pricing:
- 5k – $69
- 10k – $99
- 25k – $209
- 50k – $299
- 100k – $577
- 200k – $1045
WSF Ultra Challenge Pricing:
- 5k – $75
- 10k – $107
- 25k – $253
- 50k – $363
- 100k – $649
Commissions and Fees Structure at WSFunded Prop Firm
WSFunded’s commission rates are tailored to the specific platform and instruments:
- Forex, Metals, Commodities: $5 per lot on cTrader.
- DxTrade: $7 per lot, applied across all trading stages.
This fee structure is designed for transparency, aiding traders in cost management.
Refund Policy at WSFunded Prop Firm
You are eligible for a 120% refund upon requesting your first withdrawal.
Trial Offers at WSFunded Prop Firm
As of April 2024, no free trials are offered.
Payout Schedule at WSFunded Prop Firm
Wall Street Funded processes payouts every 10 days.
Weighing the Pros and Cons of WSFunded Prop Firm (According to Trustpilot reviews)
- High Satisfaction with Support: Traders commend the excellent customer support that is prompt, effective, and comprehensive.
- Problem-Solving Approach: The firm is recognized for its proactive and solution-focused service.
- Positive Payout Experiences: Testimonials frequently highlight the reliable and satisfying payout processes, enhancing trust in the firm’s financial management.
- Payment Issues: Some traders have reported payment issues, claiming that the firm labels successful risk management strategies as gambling to withhold payouts.
- Strict Risk Parameters: Critics argue that the firm’s risk parameters are too restrictive, limiting traders’ strategy flexibility.
These pros and cons reflect user feedback and provide potential traders with insights into real experiences at WSFunded, aiding them in making informed decisions.
Considering WSFunded? Start your trading journey today by signing up here.
