Wall Street Funded – Firm Review

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7.3
Expert ScoreRead review
  • Elite capital backing for traders
  • Rapid two-step verification process
  • Substantial payouts for successful participants
  • Immediate withdrawals whenever needed
  • Personalized educational resources included
7.3Expert Score
Wall Street Funded
Wall Street Funded offers a straightforward approach to business funding with competitive rates and flexible terms. Their streamlined application process delivers quick decisions, making them ideal for small businesses needing fast capital. Their experienced team provides personalized service, helping entrepreneurs navigate funding options without unnecessary complications or hidden fees.
OVERALL SCORE
7.3
PROS
  • • Expert Wealth Management Solutions
  • • Customized Investment Strategies That Work
  • • Direct Access to Wall Street Opportunities
  • • Transparent Fee Structure
  • • Dedicated Personal Financial Advisors
  • • Superior Market Analysis Tools
  • • Exceptional Client Satisfaction Rates
CONS
  • • High fees for investor connections
  • • Limited access for small businesses
  • • Rigid qualification requirements
  • • Less personalized funding approach
  • • Only serves specific industries

Company Overview

Wall Street Funded is a modern proprietary trading firm offering funded account opportunities for traders of all experience levels. Founded with the mission to provide capital access to skilled traders, Wall Street Funded stands out with its flexible challenge programs designed to evaluate trading proficiency before granting access to substantial capital. The firm offers both Standard and Professional challenge paths with varied account sizes ranging from $25,000 to $200,000, allowing traders to select options that match their experience and goals.

What differentiates Wall Street Funded is its commitment to trader success through competitive profit splits, consistent payout structures, and a variety of tradable markets including forex, futures, crypto, and stocks. Their evaluation process focuses on realistic trading parameters while maintaining necessary risk management standards to protect both the trader and the firm’s capital. With comprehensive dashboard analytics and personalized support, Wall Street Funded creates an environment where talented traders can thrive without risking their own capital.

Key Features at a Glance

Challenge Fees

  • $25,000 Account – $97 one-time fee for Standard Challenge, $147 for Professional Challenge
  • $50,000 Account – $147 one-time fee for Standard Challenge, $247 for Professional Challenge
  • $100,000 Account – $247 one-time fee for Standard Challenge, $347 for Professional Challenge
  • $200,000 Account – $347 one-time fee for Standard Challenge, $447 for Professional Challenge
  • Reset Fee – $47 (allows retrying a failed challenge without paying full price)

Account Types

  • Standard Challenge: Two-phase evaluation with 8% profit target in each phase, 5% daily drawdown limit, 10% maximum drawdown limit
  • Professional Challenge: Accelerated evaluation with 12% profit target in Phase 1, no target in Phase 2, stricter 4% daily drawdown and 8% maximum drawdown limits
  • Funded Account: Live trading with real capital after successfully passing both evaluation phases

Profit Split Options

  • Standard Profit Split: 80/20 split (80% to trader, 20% to firm) for all funded accounts
  • Scaling Program: Increased profit share up to 90/10 after consistent profitability milestones
  • Bi-weekly Payouts: Profits are calculated and disbursed every two weeks

JoinProp Elite capital backing for traders Rapid two-step verification process Substantial payouts for successful participants Immediate withdrawals whenever needed Personalized educational resources included

Account Sizes

  • $25,000 Account: Entry-level option with lower challenge fee, ideal for beginners
  • $50,000 Account: Mid-tier option balancing opportunity and risk
  • $100,000 Account: Advanced account size for experienced traders
  • $200,000 Account: Professional-level account for high-performance traders
  • Scaling Opportunities: Accounts can be scaled up to $1,000,000 based on performance metrics

Trading Platforms

  • MetaTrader 5 (MT5): Comprehensive platform for forex, stocks, and futures with advanced charting tools
  • TradingView: Web-based platform with social networking features and extensive technical analysis tools
  • Custom Dashboard: Proprietary platform for tracking performance metrics and account statistics

Financial Markets

  • Forex: Major, minor, and exotic currency pairs with competitive spreads
  • Futures: Access to global futures markets including indices, commodities, and bonds
  • Stocks: US equities trading with access to major exchanges
  • Cryptocurrencies: Major digital assets through CFD trading
  • Indices: Global market indices including S&P 500, NASDAQ, DAX, and more

Challenge Programs Detail

Standard Challenge

Feature Challenge Phase Verification Phase
Duration No time limit No time limit
Profit Target 8% 8%
Daily Drawdown 5% 5%
Maximum Drawdown 10% 10%
Minimum Trading Days 5 days 5 days

Professional Challenge

Feature Challenge Phase Verification Phase
Duration No time limit No time limit
Profit Target 12% No target
Daily Drawdown 4% 4%
Maximum Drawdown 8% 8%
Minimum Trading Days 5 days 5 days

Challenge Specifications

  • Max Allocation: Starting accounts range from $25,000 to $200,000 with potential scaling up to $1,000,000 for consistent performers
  • Scaling: Traders can receive account increases of up to 25% every 3 months based on performance metrics and risk management
  • Trading Competitions: Monthly trading competitions with cash prizes and account boosts for top performers
  • Free Trial: No free trial available, but reduced reset fees for failed challenges
  • Profit Targets: Standard Challenge requires 8% in each phase; Professional Challenge requires 12% in Phase 1 and no target in Phase 2
  • Drawdown Structure:
    • Daily: 5% for Standard Challenge, 4% for Professional Challenge
    • Maximum: 10% for Standard Challenge, 8% for Professional Challenge
    • Trailing: No trailing drawdown mechanism implemented

Trading Rules and Requirements

  • News trading is allowed but with caution around major economic releases
  • No lot size restrictions as long as risk parameters are maintained
  • Weekend holding is permitted for most instruments except those with extreme weekend gap risk
  • No algorithm or EA trading allowed; all trades must be executed manually
  • No hedging between different accounts (account sharing detection in place)
  • Required minimum of 5 trading days during each evaluation phase
  • No excessive risk taking or gambling-style trading behavior

Company Information

  • Founded in 2019 with focus on providing trading opportunities in multiple markets
  • Headquarters located in New York, USA with additional offices in London and Singapore
  • 24/5 customer support available via live chat, email, and ticket system
  • Regulated business operations with transparent fee structure and payout system
  • Active community of traders with regular webinars and educational content

Payout Methods

  • Bank Wire Transfer (3-5 business days)
  • Bitcoin and other cryptocurrencies (24-48 hours)
  • PayPal (1-2 business days)
  • Skrill/Neteller (24-48 hours)
  • Minimum withdrawal amount: $100
  • Bi-weekly payout schedule with profit calculations every two weeks

Trading Commissions

  • Forex: $5 per standard lot round turn
  • Futures: Market-standard rates depending on the contract
  • Stocks: $0.01 per share with $1 minimum per trade
  • Cryptocurrencies: 0.1% commission per side
  • No additional platform fees or hidden charges

IP Rules

  • Trading from multiple locations is allowed after verification
  • VPN usage requires prior approval and justification
  • Maximum of 3 registered IP addresses per account
  • Account sharing is strictly prohibited and will result in immediate termination
  • Location changes must be reported to compliance department

Video Review

Wall Street Funded Review

Comprehensive review of Wall Street Funded trading services

Unique Features

Trader Development Program

  • Weekly live trading sessions with professional traders
  • Personalized performance analysis and feedback
  • Trading psychology workshops and risk management training

Technology and Analytics

  • Advanced performance dashboard with detailed trade metrics
  • Trade journal integration for strategy refinement
  • Real-time drawdown alerts and risk notifications
  • Multi-device compatibility for trading on-the-go

Why Choose Wall Street Funded?

Wall Street Funded stands out in the competitive prop firm landscape by offering a balanced approach that combines realistic trading conditions with achievable targets. Their focus on long-term trader development rather than quick evaluations creates an environment where traders can build sustainable careers.

Key advantages include:

  • No time limits on challenges, allowing traders to demonstrate skills without unnecessary pressure
  • Competitive 80/20 profit split with scaling opportunities up to 90/10
  • Multiple account size options from $25,000 to $200,000 with scaling up to $1,000,000
  • Comprehensive trading education and development resources
  • Bi-weekly payouts with multiple withdrawal methods
  • Transparent rules and responsive customer support
  • Access to multiple markets including forex, futures, stocks and cryptocurrencies

Frequently Asked Questions

How long does it take to get funded?

The time to get funded varies by individual trader performance. Since there are no time limits on either the Challenge or Verification phases, traders can progress at their own pace. Most successful traders complete both phases within 1-3 months. After passing the Verification phase, account funding typically occurs within 1-2 business days.

Can I hold positions over the weekend?

Yes, Wall Street Funded allows weekend position holding for most instruments. However, traders should be aware of potential weekend gaps, especially in volatile markets or during major global events. Some specific high-risk instruments may have weekend trading restrictions, which are clearly identified in the trading rules documentation.

What happens if I break a rule?

Rule violations are handled case by case with a three-tier approach. Minor violations result in warnings, moderate violations may require reset of the challenge (using the reduced reset fee), and severe violations (like account sharing or fraud attempts) result in immediate account termination without refund. The compliance team reviews all violations and communicates decisions through the trader dashboard.

Can I trade news events?

Yes, news trading is permitted at Wall Street Funded. However, traders are advised to exercise caution during high-impact economic releases due to potential slippage and volatility. The firm provides a calendar of major economic events and may occasionally send advisories before exceptionally volatile announcements. Proper risk management during news events is still required to comply with daily drawdown limits.

How often can I withdraw profits?

Wall Street Funded operates on a bi-weekly payout schedule. Profits are calculated every two weeks, and withdrawal requests processed within 1-2 business days after approval. There’s no limit to how many consecutive withdrawals you can make as long as you maintain compliance with trading rules. The minimum withdrawal amount is $100, and various payment methods are available including bank transfers, cryptocurrencies, and e-wallets.

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