Established in 2023 and based in Andorra, WSFunded, or Wall Street Funded, provides traders with several challenge options such as Rapid, Classic, and WSF Ultra on platforms like cTrader and DxTrade.
The firm trades a variety of instruments including Forex and metals, offering an 80% profit split to support and empower its traders. Ready to take on the challenge? Sign up and start your journey with WSFunded.
WSFunded Prop Firm’s Coupon Codes
Currently, there are no active coupon codes for WSFunded Prop Firm. Traders should frequently check the firm’s website or sign up for notifications for any upcoming discounts or promotional offers.
All About WSFunded Prop Firm
The Official Name of WSFunded Prop Firm
The firm operates under the registered name WSfunded, reflecting its brand identity and market presence.
Where is WSFunded Prop Firm Located?
WSFunded’s office is situated at Av Princep Benlloch 93 ESPAI 3, AD500, Andorra, a prominent European financial hub.
WSFunded Prop Firm: The Year It Started
Founded in 2023, WSFunded is a new player in the prop trading industry, offering innovative perspectives and strategies.
Prop Firm Business Registration of WSFunded
Despite its Andorran base, WSFunded is registered in the United States, ensuring adherence to rigorous regulatory standards.
Executive Management at WSFunded Prop Firm
The firm is owned by Iñaki Martínez and Albert Suriol.
Community Feedback for WSFunded
Advantages (based on TrustPilot reviews, not our own opinion):
- High Satisfaction with Support: Traders praise the customer support for being quick, effective, and going beyond standard assistance.
- Problem-Solving Approach: The firm is noted for its proactive and solution-oriented service.
- Positive Payout Experiences: Testimonials often highlight reliable and satisfying payout processes, enhancing trust in the firm’s financial management.
Disadvantages (based on TrustPilot reviews, not our own opinion):
- Payment Issues: Some traders have reported issues with payments, alleging that the firm labels successful risk management as gambling to withhold payouts.
- Strict Risk Parameters: Critics say the firm’s risk parameters are too restrictive, limiting traders’ flexibility in their strategies.
These pros and cons reflect user feedback and provide potential traders with insights into real experiences at WSFunded, helping them make informed decisions about engaging with the firm.
Thinking of trying WSFunded? Start your trading journey today by signing up here.
Advanced Trading Platforms at WSFunded Prop Firm
WSFunded equips traders with two top-tier trading platforms:
- cTrader: Renowned for its intuitive interface and robust charting tools, cTrader is a favorite among Forex traders who seek comprehensive analysis and algorithmic trading capabilities.
- DxTrade: This platform is versatile and customizable, providing a user-friendly environment suitable for traders of all skill levels.
With these platforms, WSFunded ensures its traders have access to advanced trading technologies that can significantly enhance their strategies.
Instruments Available for Trading at WSFunded Prop Firm
Traders at WSFunded can access a broad spectrum of financial instruments, including:
- Forex: Major, minor, and exotic currency pairs.
- Commodities: Including oil and agricultural products.
- Indices: Major global market indices.
- Metals: Precious metals like gold and silver.
- Crypto: Dynamic cryptocurrency markets.
This variety allows traders to diversify and adapt to various market conditions effectively.
Making Payments at WSFunded Prop Firm
WSFunded supports multiple convenient payment methods for deposits and withdrawals:
- Credit Cards: Valued for their ease of use and fast processing times.
- Crypto Payments: Including Bitcoin (BTC) and Tether (USDT), providing anonymity and lower transaction fees.
These options cater to an international audience, ensuring traders can manage their finances securely and efficiently.
Account Size Options at WSFunded Prop Firm
WSFunded offers a range of account sizes to match different levels of trading experience and investment capacity:
Ranges: $5k, $10k, $25k, $50k, $100k, and $200k.
These choices enable traders to start with a small investment and scale up as they gain confidence or as their trading strategies demonstrate success.
Profit Splits at WSFunded Prop Firm
WSFunded has designed its profit split to reward successful traders generously:
- Standard Split: Traders receive 80% of the profits, which is highly competitive in the industry.
This substantial profit split motivates traders to excel, knowing they will retain a major share of their earnings, closely aligning their interests with those of the firm.
Profit Targets at WSFunded Prop Firm
Rapid Challenge:
A 10% profit target designed for a quick demonstration of trading skills.
Classic and WSF Ultra Challenges:
- Phase 1: 8% profit target.
- Phase 2: 5% profit target, advancing traders to funded trading upon completion.
These targets require traders to prove profitability while managing trades effectively.
Maximum Drawdown and Loss Limits 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 anytime without immediate trading pressure.
- Unlimited Maximum Trading Days: No cap on the maximum trading days, allowing traders to work at their own pace.
This flexibility helps traders focus on strategic decisions without pressure.
Steps in the WSFunded Prop Firm Challenge
WSFunded provides a structured path to trading success:
- Rapid (1-step) Challenge: A faster route to funding.
- Classic (2-step) Challenge and WSF Ultra (2-step) Challenge: Two-phase challenges for consistent skill demonstration.
These models are designed to suit different trader preferences and readiness levels for funded trading.
WSFunded Prop Firm Challenge Pricing
WSFunded offers its challenges at competitive prices to accommodate various 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
Commission and Fee Structure at WSFunded Prop Firm
WSFunded’s commissions are tailored to the platform and trading instruments:
- Forex, Metals, Commodities: $5 per lot on cTrader.
- DxTrade: $7 per lot, consistent across all trading stages.
This transparent fee structure aids in effective cost management for traders.
Refund Policies of WSFunded Prop Firm
Traders can receive a refund of 120% upon requesting their first withdrawal.
Trial Offers from WSFunded Prop Firm
No free trials are available as of April 2024.
Payout Schedule at WSFunded Prop Firm
Payments at Wall Street Funded are processed every 10 days.
