We Fund You Trade Forex prop firm review

We Fund You Trade Forex prop firm review

We Fund You Trade prop firm offers a funded challenge that offers funding options from 25k to 200k USD, which is flexible. However, the starting cost is high, at 197 USD, which is incredibly expensive when compared to other firms that offer cheaper pricing. There is only one 2-step challenge, and profit sharing is up to 85%, which is solid. Traders can access FX pairs, indices, and commodities with up to 1:100 leverage. 

In this We Fund You Trade review, we will assess the most important features of the firm, including safety, rules, funded options, assets, support, and more.

Safety of We Fund You Trade

There are zero We Fund You Trade reviews on the FPA, which is a red flag, as this is one of the most important safety checks. On Trustpilot, the firm only has 200 reviews, and 25% of them are 1-star evaluations, indicating serious issues with the firm’s service quality. All funded accounts are simulated trading accounts or demo accounts. When it comes to experience, the firm launched in 2023, which makes it very young and inexperienced.

As a result, the firm gets a 0 score in this section, as it lacks all important safety features and has many unsatisfied clients, which is a major red flag.

We Fund You Trade Funding and maximum capital allocation

The We Fund You Trade funded program is a 2-step challenge that offers limited funding options, including 25k, 50k, 100k, and 200k USD. There are no smaller funded challenges below $25k, which is a downside for beginners. The firm also lacks funding options beyond $200k, which is also a downside for seasoned traders.

We Fund You Trade funding options require traders to hit profit targets twice, and the firm offers expensive pricing. All We Fund You Trade challenges are the same 2-step accounts, and there are no 1-step or instant options offered, which is a downside. 

The We Fund You Trade scaling plan is not available, and traders can not access more than 200k USD capital, which is very low.

Overall, the firm gets a 1.5 score in this section. 

We Fund You Trade Assets

We Fund You Trade prop trading assets only include Forex pairs, commodities, and indices. There are no cryptos offered, which is a big downside. The maximum leverage is up to 1:100.

The firm gets a 2 score in this section. 

We Fund You Trade Trading rules and limitations

We Fund You Trade rules include a 10% and 5% profit target for phases 1 and 2. There is a 5% daily risk limit and a 10% maximum drawdown, which is competitive. The firm allows overnight holding and holding over weekends. EAs can not be utilized as the firm does not offer advanced trading platforms capable of EA support.

Overall, the firm gets a 1.2 score in this section.

We Fund You Trade Fees

Pricing is expensive as the firm offers funded challenges from 25k USD. The 25k USD option requires a 197 USD one-time fee, 50k USD will cost 297, 100k will cost 577 USD, and the 200k USD challenge requires a 997 USD one-time fee.

The We Fund You Trade free trial is not available, and the We Fund You Trade free repeat is not offered either, which is a downside. Traders can not test trading conditions before they purchase accounts, which is a big downside. 

Overall, the firm gets a 1 score in this section.

We Fund You Trade Platforms

When it comes to trading platforms, the firm offers a custom web trading platform, which is far inferior to advanced platforms like MT4 or MT5. This makes it difficult to trade efficiently. Mobile trading is difficult and almost unavailable.

Overall, the firm gets a 0.9 score in this section for only offering a web trading platform. 

We Fund You Trade Profit-Sharing

We Fund You Trade profit split is 80%, and traders can get 85% after 4th payout. The processing takes 1-3 business days, and there are withdrawal fees.

In the end, the firm gets a 3 score in this section. 

Education and trading tools at We Fund You Trade

After traders purchase the challenge, they are eligible for coaching and trading psychology courses. However, there are no free educational resources available, such as video guides, trading courses, or webinars. There are no tools offered either, as the firm offers a mediocre trading platform. 

As a result, the firm gets a 2.5 score in this section.

Customer Support at We Fund You Trade

Customer support is another crucial feature, and the firm has live chat and email options. Live chat is built into the website and is useful when trying to contact the firm. However, there is no phone support available, which is a downside. Additionally, both the website and support are only provided in the English language, which is a disadvantage.

Overall, the firm gets a 2.4 score in this section. 

Frequently Asked Questions on We Fund You Trade

Is We Fund You Trade Legit?

The We Fund You Trade scam is highly likely, as the firm has a multitude of negative reviews, indicating serious issues with its quality of services. 

Is We Fund You Trade a good prop firm?

No, it has low safety with negative trader reviews and has expensive one-time fees of 197 USD for the smallest 25k USD challenge, which makes it unattractive. 

What is the minimum We Fund You Trade fee?

The smallest one-time fee starts at 197 USD for the 2-step 25k USD challenge, which is very expensive.