WSFunded, or Wall Street Funded, offers a dynamic trading environment since its inception in 2023. Located in Andorra but registered in the USA, it provides challenges such as Rapid, Classic, and WSF Ultra on advanced platforms like cTrader and DxTrade.
This prop firm allows trading in sectors including Forex, commodities, and crypto, with an 80% profit split aimed at empowering traders. Want to start trading? Sign up here and begin your WSFunded journey.
Coupon Code for WSFunded Prop Firm
Currently, there are no coupon codes available for WSFunded Prop Firm. Traders interested in potential discounts or promotional offers should visit the firm’s website regularly or sign up for notifications.
Diving into WSFunded Prop Firm’s Details
WSFunded’s Official Company Name
The official registration name of the firm is WSfunded, consistent with its brand identity and market presence.
The Address of WSFunded Prop Firm
WSFunded’s office is located at Av Princep Benlloch 93 ESPAI 3, AD500, Andorra, a key European financial hub.
Establishment Date: WSFunded Prop Firm
Established in 2023, WSFunded is one of the newer entities in the prop trading field, offering fresh strategies and perspectives.
Registration Location of WSFunded Prop Firm
Although its base is in Andorra, WSFunded is registered in the United States, adhering to rigorous regulatory standards.
WSFunded Prop Firm’s Founders/Owners
The firm’s owners are Iñaki Martínez and Albert Suriol.
Trading Platforms at WSFunded Prop Firm
WSFunded provides traders with two sophisticated trading platforms:
- cTrader: Praised for its intuitive interface and extensive charting tools, cTrader is favored by Forex traders who need advanced analytical capabilities and algorithmic trading options.
- DxTrade: A versatile platform offering customizable features, DxTrade caters to traders of all experience levels with its user-friendly design.
These platforms ensure WSFunded traders have access to advanced trading technologies that enhance their trading strategies.
Financial Instruments Offered by WSFunded Prop Firm
WSFunded offers a diverse selection of financial instruments, enabling traders to trade:
- Forex: A variety of currency pairs, including major, minor, and exotic pairs.
- Commodities: Energy products like oil and various agricultural commodities.
- Indices: Exposure to major global market indices.
- Metals: Precious metals such as gold and silver.
- Crypto: The dynamic cryptocurrency markets.
This wide selection allows traders to diversify their portfolios and optimize their trading based on market conditions.
Payment Methods Supported by WSFunded Prop Firm
WSFunded facilitates several payment methods for both deposits and withdrawals:
- Credit Cards: Widely accepted for their convenience and quick processing.
- Crypto Payments: Including Bitcoin (BTC) and Tether (USDT), providing anonymity and reduced transaction fees.
These payment options cater to a global audience, ensuring secure and efficient financial management for traders.
Account Sizes at WSFunded Prop Firm
WSFunded offers a range of account sizes to accommodate varying levels of trader experience and investment capability:
Account Ranges: $5k, $10k, $25k, $50k, $100k, and $200k.
This variety allows traders to start with smaller investments and scale up as their confidence or trading strategy success grows.
Profit Splits at WSFunded Prop Firm
WSFunded has a generous profit-sharing model for traders:
- Standard Split: 80% of profits go to the trader, a competitive rate within the industry.
This high-profit split encourages traders to perform well, knowing they retain a substantial portion of their earnings, aligning their success with the firm’s.
Profit Targets for WSFunded Prop Firm
Rapid Challenge:
A 10% profit target for swift demonstration of trading skills.
Classic and WSF Ultra Challenges:
- Phase 1: 8% profit target.
- Phase 2: 5% profit target, leading to funded trading upon completion.
These targets require traders to demonstrate profitability and trade management skills.
Maximum Drawdown and Loss Limits at WSFunded Prop Firm
Rapid Challenge: Maximum daily loss of 4% and a total loss limit 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 trading schedule:
- No Minimum Trading Days: Begin the challenge without immediate pressure to trade.
- Unlimited Maximum Trading Days: No restrictions on the maximum number of days, allowing a flexible pace.
This flexibility reduces pressure and enhances strategic decision-making.
Steps in the WSFunded Prop Firm Challenge
WSFunded provides structured challenge paths to trading success:
- Rapid (1-step) Challenge: For a quicker route to funding.
- Classic (2-step) Challenge and WSF Ultra (2-step) Challenge: Multi-phase challenges for consistent skill demonstration over two phases.
These models accommodate different trader preferences and readiness levels for funded trading.
WSFunded Prop Firm Challenge Pricing
WSFunded provides competitive pricing for its trading challenges:
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 Structure at WSFunded Prop Firm
WSFunded’s commission rates vary by trading platform and instrument:
- Forex, Metals, Commodities: $5 per lot on cTrader.
- DxTrade: $7 per lot, consistent across all trading stages.
This transparent fee structure ensures traders can manage their costs effectively.
Refund Policy of WSFunded Prop Firm
Upon your first withdrawal request, you are eligible for a 120% refund.
WSFunded Prop Firm Trial Offers
No free trials are available as of April 2024.
WSFunded Prop Firm Payout Schedules
Wall Street Funded processes payments every 10 days.
The Good and Bad of WSFunded Prop Firm
- High Satisfaction with Support: Traders praise the customer support for being quick, effective, and comprehensive.
- Problem-Solving Approach: The firm is noted for its proactive and solution-oriented service.
- Positive Payout Experiences: Testimonials frequently highlight the reliable and satisfying payout processes, building trust in the firm’s financial management.
- 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, aiding them in making informed decisions.
Thinking about trying WSFunded? Start your trading journey today by signing up here.
