WeGetFunded – Firm Review
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- Rapid evaluation process for traders
- Flexible scaling with profit targets
- Competitive profit splits up to 90%
- No time limits on challenges
- Multiple account sizes available now
Company Overview
WeGetFunded is a dynamic prop trading firm that empowers traders by providing access to substantial trading capital without risking their own funds. Established to bridge the gap between talented traders and institutional-level funding, WeGetFunded offers a comprehensive evaluation process designed to identify skilled traders and reward them with funded accounts. The firm stands out in the competitive prop trading landscape with its trader-friendly approach, competitive profit splits, and flexible challenge structures.
WeGetFunded caters to both novice and experienced traders, offering multiple account sizes and challenge types to match different trading styles and experience levels. With a focus on transparency and trader success, the company provides clear rules, reliable payouts, and ongoing support to help traders maximize their potential. Their modern platform integration and diverse market access make WeGetFunded an attractive choice for serious traders looking to scale their trading career with institutional backing.
Key Features at a Glance
Challenge Fees
- $10,000 Account – Starting at $99, ideal for beginners testing the waters with prop trading
- $25,000 Account – $249 entry fee, perfect for traders with proven strategies looking to scale
- $50,000 Account – $349 challenge fee, designed for intermediate traders ready for substantial capital
- $100,000 Account – $549 investment, suited for experienced traders with consistent track records
- $200,000 Account – $999 premium tier, offering serious capital for professional-level traders
Account Types
- Standard Challenge: Two-phase evaluation process with balanced profit targets and risk parameters, suitable for most trading styles
- Professional Challenge: Accelerated one-phase evaluation for experienced traders who can demonstrate consistent profitability with higher profit targets
- Funded Account: Live trading account awarded after successful completion of challenge phases, offering real profit sharing and withdrawal capabilities
Profit Split Options
- 80/20 Split: Standard profit distribution where traders keep 80% of profits, providing excellent earning potential from the start
- 90/10 Split: Enhanced profit share available after demonstrating consistent performance, rewarding loyal and successful traders
- Performance-Based Scaling: Opportunity to increase both account size and profit split percentage based on trading consistency and profitability
Account Sizes
- $10,000: Entry-level account perfect for beginners or traders testing new strategies with manageable risk exposure
- $25,000: Intermediate account size offering balance between capital access and risk management requirements
- $50,000: Mid-tier account providing substantial capital for traders with proven methodologies
- $100,000: Advanced account size for experienced traders ready to execute larger position sizes
- $200,000: Premium account offering institutional-level capital for professional traders
- Scaling Options: Ability to scale up to $2,000,000 based on consistent profitable performance
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform known for reliability, extensive indicator library, and automated trading capabilities
- MetaTrader 5 (MT5): Advanced version offering additional timeframes, more technical indicators, and improved backtesting functionality
- Expert Advisor (EA) Support: Full compatibility with automated trading systems and algorithmic strategies
Financial Markets
- Forex: Access to major, minor, and exotic currency pairs with competitive spreads and deep liquidity
- Commodities: Trade gold, silver, oil, and other popular commodities with institutional-grade execution
- Indices: Full access to global stock indices including US, European, and Asian markets
- Cryptocurrencies: Trade major cryptocurrency pairs including Bitcoin, Ethereum, and other digital assets
Challenge Programs Detail
Standard Challenge
| Feature | Phase 1 | Phase 2 |
|---|---|---|
| Duration | Unlimited | Unlimited |
| Profit Target | 8% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 4 Days | 4 Days |
Professional Challenge
| Feature | Single Phase |
|---|---|
| Duration | Unlimited |
| Profit Target | 10% |
| Daily Drawdown | 5% |
| Maximum Drawdown | 10% |
| Minimum Trading Days | 5 Days |
Challenge Specifications
- Max Allocation: Traders can scale up to $2,000,000 in combined funded accounts based on consistent profitability and adherence to risk management rules
- Scaling: Automatic account size increases available after achieving specific profit milestones, with enhanced profit splits for top performers
- Trading Competitions: Regular contests with cash prizes and bonus funded accounts for top-performing traders during promotional periods
- Free Trial: Demo account available for traders to test the platform and familiarize themselves with trading conditions before purchasing a challenge
- Profit Targets: Clearly defined and achievable targets designed to identify consistent traders rather than high-risk gamblers
- Drawdown Structure:
- Daily: 5% maximum loss limit calculated from the daily starting balance to protect against overtrading
- Maximum: 10% total drawdown limit from initial account balance ensuring sustainable trading practices
- Trailing: Drawdown trails profits in funded accounts, providing more trading flexibility as you grow the account
Trading Rules and Requirements
- No High-Frequency Trading (HFT): Strategies involving excessive trade frequency or tick scalping are prohibited to ensure fair evaluation
- No Copy Trading: All trades must be executed independently; using signals or copying other traders’ positions is not allowed
- No Martingale Strategies: Exponentially increasing position sizes after losses is prohibited due to excessive risk
- No Reverse Trading: Opening opposite positions to manipulate drawdown calculations is strictly forbidden
- No Gambling Behavior: Trading must demonstrate risk management and strategy; random position taking is not acceptable
- Weekend Holding Allowed: Positions can be held over weekends with proper risk management and stop losses in place
- News Trading Permitted: Trading during high-impact news events is allowed with appropriate risk controls
- EA Trading Welcome: Expert advisors and automated systems are fully supported if they comply with all other rules
Company Information
- Founded: WeGetFunded was established to provide accessible funding opportunities for retail traders worldwide
- Business Model: Operates as a proprietary trading firm identifying and funding talented traders through evaluation challenges
- Customer Support: 24/5 live chat and email support during market hours with typical response times under 2 hours
- Trader Dashboard: Intuitive online portal providing real-time statistics, certificate management, and payout requests
- Educational Resources: Comprehensive knowledge base, trading guides, and webinars to help traders succeed
- Community: Active Discord community and social media presence fostering trader collaboration and support
- Transparency: Clear terms and conditions with no hidden fees beyond the initial challenge cost
Payout Methods
- Cryptocurrency (Bitcoin, USDT): Fast processing within 1-3 business days, ideal for international traders
- Bank Wire Transfer: Traditional method with 3-5 business day processing, suitable for large withdrawals
- PayPal: Quick and convenient option processed within 1-2 business days for eligible regions
- Wise (TransferWise): Low-fee international transfer option with 2-4 business day processing time
- Payout Schedule: First payout available after 14 days of funded trading, subsequent payouts available on-demand
- Minimum Withdrawal: $100 minimum threshold ensures cost-effective processing for all parties
Trading Commissions
- Forex Pairs: Commission-free trading with competitive spreads starting from 0.0 pips on major pairs with raw spread accounts
- Commodities: Standard spreads applied with no additional commission, providing transparent cost structure
- Indices: Commission-free access to global indices with institutional-grade spreads
- Cryptocurrencies: Competitive spreads on crypto pairs with no hidden commission charges
- Swap-Free Option: Islamic accounts available upon request for traders requiring swap-free trading conditions
IP Rules
- Single IP Requirement: Each challenge account must be traded from a unique IP address to prevent coordination
- VPN Usage: VPNs are permitted for privacy and security, but must be disclosed to compliance team
- Location Changes: Temporary location changes are acceptable with prior notification to support team
- Multiple Accounts: Traders can hold multiple challenges simultaneously if each maintains distinct IP addresses
- Data Center Trading: Trading from data centers or commercial server locations requires pre-approval
Unique Features
Flexible Trading Environment
- Unlimited Trading Time: No time pressure during evaluation phases allows for consistent, strategic trading
- Weekend Holding: Hold positions through weekends without penalties, accommodating swing trading strategies
- News Trading Allowed: Freedom to trade during major economic releases and market-moving events
- EA Friendly: Full support for automated trading strategies and expert advisors
Trader-Centric Benefits
- Competitive Profit Splits: Start at 80% and scale up to 90% based on performance
- Scaling Plan: Clear pathway from $10K to $2M+ in managed capital
- Refundable Fees: Challenge fees refunded with first profit withdrawal from funded account
- No Monthly Fees: No recurring charges or account maintenance fees on funded accounts
Support and Education
- Active Community: Engaged Discord server with successful funded traders sharing insights
- Educational Content: Regular webinars, trading psychology sessions, and strategy workshops
- Performance Analytics: Detailed statistics and metrics to help improve trading performance
- Responsive Support: Quick response times from knowledgeable support team members
Why Choose WeGetFunded?
WeGetFunded distinguishes itself in the crowded prop trading market through its genuine commitment to trader success and transparent operations. Unlike many competitors, WeGetFunded focuses on creating sustainable partnerships with traders rather than simply profiting from challenge fees.
Key advantages include:
- Flexible Challenge Structure: Unlimited time and realistic profit targets that don’t force rushed decisions
- Generous Profit Splits: Keep 80-90% of your earnings with clear scaling opportunities
- Low Barrier to Entry: Starting from just $99 makes prop trading accessible to everyone
- No Hidden Restrictions: Trade news, hold weekends, use EAs – genuine trading freedom
- Fast Payouts: Multiple withdrawal methods with processing within 1-5 business days
- Scaling Potential: Clear path to managing $2M+ in capital based on consistent performance
- Refundable Fees: Get your challenge cost back with first payout, reducing financial risk
- Professional Support: Responsive team genuinely invested in helping traders succeed
- Modern Technology: Reliable MT4/MT5 platforms with institutional-grade execution
- Transparent Rules: Clear guidelines without confusing fine print or arbitrary disqualifications
Frequently Asked Questions
How long does it take to get funded?
The timeline depends on your trading pace. With unlimited time for both phases, some traders complete the Standard Challenge in 2-4 weeks, while others take longer to ensure consistent results. The Professional Challenge can be completed faster with its single-phase structure. Once you pass, funded accounts are typically activated within 24-48 hours.
Can I hold positions over the weekend?
Yes, WeGetFunded allows weekend holding on all account types. However, ensure you have proper risk management in place, including stop losses, as markets can gap significantly when they reopen. This flexibility is particularly valuable for swing traders and those trading on higher timeframes.
What happens if I break a rule?
Rule violations typically result in immediate account termination. The most common breaches include exceeding daily or maximum drawdown limits, using prohibited trading strategies, or violating IP requirements. WeGetFunded provides clear warnings through your dashboard when approaching limits. If your account is breached, you can purchase a new challenge with a discount code often provided to existing customers.
Can I trade news events?
Absolutely! WeGetFunded fully permits news trading, recognizing it as a legitimate trading strategy. You can trade through major economic releases, central bank announcements, and other high-impact events. Just ensure you maintain proper risk management as volatility increases during these periods, and stay within your daily drawdown limits.
How often can I withdraw profits?
After your first payout (available after 14 calendar days of funded trading), you can request subsequent withdrawals on-demand with no mandatory waiting periods. This means once you meet the minimum $100 threshold, you can withdraw as frequently as you like. Most traders opt for bi-weekly or monthly withdrawals to minimize processing fees while maintaining regular income.
