WSFunded, known commercially as Wall Street Funded, was founded in 2023 and operates from Andorra, despite being registered in the USA. The firm presents a variety of trading challenges, including Rapid, Classic, and WSF Ultra, using platforms like cTrader and DxTrade.
Traders have access to markets including Forex, commodities, indices, metals, and cryptocurrencies. With a generous 80% profit split, WSFunded aims to foster trader success in a supportive environment.
Interested in enhancing your trading potential? Discover more and join WSFunded today.
Coupon Codes for WSFunded Prop Firm
WSFunded: Company Details
Legal Name
The firm is officially registered as WSfunded, consistent with its brand identity and market presence.
WSFunded Prop Firm’s Address
WSFunded is located at Av Princep Benlloch 93 ESPAI 3, AD500, Andorra, operating from a notable European financial hub.
Date of Establishment
Established in 2023, WSFunded is a new entrant in the prop trading sector, introducing fresh perspectives and strategies.
Where is WSFunded Prop Firm Registered?
Although based in Andorra, WSFunded is registered in the United States, ensuring compliance with stringent regulatory standards.
Who Leads WSFunded Prop Firm?
Ownership of the firm is attributed to Iñaki Martínez and Albert Suriol.
Trading Platforms Offered by WSFunded Prop Firm
WSFunded provides traders with two sophisticated trading platforms:
- cTrader: This platform is celebrated for its user-friendly interface and extensive charting capabilities. It is especially favored by Forex traders who need detailed analytical tools and support for algorithmic trading.
- DxTrade: Known for its versatility, DxTrade offers customizable features that cater to traders of all experience levels, ensuring a user-friendly trading environment.
These platforms guarantee that WSFunded traders can leverage advanced trading technologies to enhance their trading strategies.
Financial Instruments
WSFunded offers a diverse range of financial instruments, allowing traders to engage in:
- Forex: Access to a variety of currency pairs, including major, minor, and exotic pairs.
- Commodities: Trade in energies like oil and agricultural products.
- Indices: Gain exposure to global markets through key indices.
- Metals: Trade hard assets such as gold and silver.
- Crypto: Participate in the dynamic cryptocurrency markets.
This extensive selection enables traders to diversify their portfolios and capitalize on different market conditions.
Payment Methods
WSFunded offers a variety of payment options for both deposits and withdrawals:
- Credit Cards: Known for their convenience and rapid processing times.
- Crypto Payments: Including Bitcoin (BTC) and Tether (USDT), which offer privacy and lower transaction fees.
These methods are designed to accommodate a global clientele, ensuring efficient and secure financial management for traders.
Available Account Sizes
WSFunded provides various account sizes to suit different trading experiences and investment capacities:
Options: $5k, $10k, $25k, $50k, $100k, and $200k.
This range allows traders to begin with smaller investments and increase their account size as they gain confidence or their trading strategies succeed.
Profit Sharing at WSFunded Prop Firm
WSFunded offers a generous profit-sharing model for successful traders:
- Standard Split: 80% of profits are retained by the trader, a competitive rate in the industry.
This high-profit split encourages traders to maximize their performance, ensuring they keep a significant portion of their earnings and align closely with the firm’s success.
Profit Targets for WSFunded Prop Firm
Rapid Challenge:
A 10% profit target aimed at quickly demonstrating trading proficiency.
Classic and WSF Ultra Challenges:
- Phase 1: 8% profit target.
- Phase 2: 5% profit target, allowing progression to funded trading upon completion.
These targets require traders to showcase their profitability and effective trade management.
Maximum Daily Drawdown and Loss 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.
Minimum/Maximum Trading Days Required at WSFunded Prop Firm
WSFunded provides a flexible trading schedule:
- No Minimum Trading Days: Start trading anytime without immediate pressure.
- Unlimited Maximum Trading Days: No restrictions on the maximum number of trading days, allowing traders to proceed at their own pace.
This flexibility reduces pressure, enabling traders to focus on strategic decisions.
Steps in WSFunded Prop Firm Challenge
WSFunded offers structured challenges to achieve trading success:
- Rapid (1-step) Challenge: For those seeking a quicker path to funding.
- Classic (2-step) Challenge and WSF Ultra (2-step) Challenge: Multi-phase challenges requiring consistent performance over two phases for a thorough skill evaluation.
These models cater to different trader preferences and readiness levels for funded trading.
Pricing for WSFunded Prop Firm Challenge
WSFunded offers competitive pricing for its challenges to suit a wide 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 at WSFunded Prop Firm
WSFunded’s commission structure varies by trading platform and instrument:
- Forex, Metals, Commodities: $5 per lot on cTrader.
- DxTrade: $7 per lot, applicable across all trading stages.
This fee structure ensures transparency, helping traders plan their cost management effectively.
Refund Policies at WSFunded Prop Firm
On your first withdrawal, you will be eligible for a refund of 120%.
Trial Offers at WSFunded Prop Firm
As of April 2024, there are no free trials available.
Payout Schedules at WSFunded Prop Firm
Wall Street Funded processes payments every 10 days.
Trustpilot Assessment of WSFunded Prop Firm: Pros & Cons
- High Satisfaction with Support: Traders commend the excellent customer support that is prompt, effective, and exceeds basic assistance.
- Problem-Solving Approach: The firm is recognized for its proactive problem-solving and solution-focused service.
- Positive Payout Experiences: Testimonials frequently highlight reliable and satisfying payout processes, bolstering trust in the firm’s financial management.
- Payment Issues: Some traders have reported payment issues, alleging 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, offering potential traders insights into real experiences at WSFunded, helping them make informed decisions about engaging with the firm.
Considering giving WSFunded a try? Start your trading journey today by signing up here.