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WeMasterTrade Forex prop firm review

Pros & cons of WeMasterTrade prop firm

Quick rating of WeMasterTrade and its features

WeMasterTrade Assets

WeMasterTrade Trading rules and limitations

Safety of WeMasterTrade

WeMasterTrade Funding and maximum capital allocation

WeMasterTrade Fees

WeMasterTrade Platforms

WeMasterTrade Profit-Sharing

Education and trading tools at WeMasterTrade

Customer Support at WeMasterTrade

WeMasterTrade Forex prop firm review

Written by:

Luka

Edited by:

Konstantin Rabin

Written on:

28 March 2025

Last edit:

28 March 2025

WeMasterTrade prop firm offers virtual funded accounts with funding options ranging from 10,000 to 100,000 dollars. There are only 2-step challenges available, which is a downside. The pricing starts at 55 USD, which is slightly expensive for 10k accounts, especially for 2-step challenges. The profit split starts from 55% which is very low and unattractive for traders. Traders can access cryptos, stocks, and Forex pairs, together with commodities and indexes, enabling traders to access a wide range of assets.

In this WeMasterTrade review, we will assess the firm’s safety, rules, funded options and types, assets, platforms, support, education, and more.

Pros	Cons
Allows access to Forex, commodities, indices, cryptos, and stocks	Only a 2-step challenge is available
Provides advanced trading platform MetaTrader 5	Questionable safety with very few trader reviews on FPA and Trustpilot
High maximum leverage of 1:100	Starting profit split is 55%, which is very low
Offers scaling plan with up to 2 million in virtual funding	No educational resources or trading tools are available
No fees for withdrawals
Provides multiple support options in many languages

FPA Score	No ratings yet
Year founded	2024
Headquarters	United States
Minimum audition fee	55 USD
Fees on withdrawals	0 USD
Minimum funded amount	10,000 USD
Maximum funded amount	100,000 USD
Allowed daily loss	5%
Profit target	8%
Maximum trailing drawdown	10%
Profit sharing (Payouts)	Up to 90%
Trading Platforms	MetaTrader 5 (MT5)
Available trading markets	Forex, Indices, Metals, Commodities, Stocks, and Cryptos

WeMasterTrade prop trading assets include Forex, Indices, Metals, Commodities, Stocks, and Cryptos. The maximum leverage allowed is up to 1:100, which is more than enough to control considerable trading sizes.

The firm gets a 4 score in this section.

WeMasterTrade rules are listed on the firm’s website clearly and include:

Profit target - 8%, 6%
Daily loss limit - 5%
Maximum drawdown - 10%
Leverage - 1:100
Discount on reset - 30%
Minimum trading days - None
Risk consistency - 1% when funded

News trading is allowed, and the firm also allows traders to hold positions over weekends, which is flexible.

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

There are no WeMasterTrade reviews on the Forex Peace Army yet, which is a downside for the firm’s safety. On Trustpilot, the firm has only 4–5 reviews and most of them are super negative, indicating that the firm might have some serious issues in the safety department. The firm has not even claimed the account on Trustpilot, as it was launched at the end of 2024, making it super young and inexperienced in the prop trading industry. All funded challenges are simulated accounts, and the firm never allows traders to access live accounts with real money.

The firm gets a 0 score in this section for having very questionable reliability.

WeMasterTrade funded programs lack diversity as the firm only offers one challenge account type, which is a 2-step account. The list of WeMasterTrade funding options includes 10k, 25k, 50k, and 100k USD. There are no funded challenges below 10k or bigger accounts beyond 100k, which is a downside. The lack of other funded types such as 1-step and instant accounts is another serious downside.

WeMasterTrade challenges require traders to hit profit targets twice, one in each phase.

WeMasterTrade scaling plan is available and allows traders to increase their funded account to a maximum of 2 million USD.

Overall, the firm gets a 3 score in this section.

The pricing starts at 55 USD, which is competitive. Here is the list of pricing for all funded options by the WeMasterTrade prop firm:

Funded amount: 10k USD - One-time fee: 55 USD
25k USD - 125 USD
50k USD - 220 USD
100k USD - 400 USD

The 400 USD price market is also competitive for the 100k USD challenge.

WeMasterTrade free trial is available, which allows traders to test trading conditions before purchasing the actual challenge. This is very beneficial for traders to develop their trading strategies tailored for passing the firm’s challenge.

WeMasterTrade free repeat is not available, but the firm offers a 30% discount on the first reset, which is not very convenient.

The firm gets a 3 score in this section.

When it comes to trading platforms, the firm allows access to the advanced trading platform, MetaTrader 5 (MT5). The platform allows both custom indicators and Expert advisors (EAs). Mobile trading is available via the MT5 mobile app, which is accessible on both Android and iOS.

The firm does not allow Expert Advisors, which is a downside.

The firm gets a 3.9 score in this section.

WeMasterTrade profit split is up to 90% which is competitive. The withdrawals take 1-3 business days which is a bit of a lengthy process. Withdrawals incur no fees, which is competitive.

The firm gets a 3 score in this section.

The firm does not provide any educational resources, which is a downside. There are no live webinars, video tutorials, or trading courses offered. The firm has no trading blog and does not offer trading tools either, which is a serious downside for beginners. The lack of a trading blog is not a sporting sign, as most prop firms have blogs available where they offer trading tips and insights.

As a result, the firm gets a 0 score in this section.

The firm offers phone support, live chat, and email support channels, which are very flexible. The availability of phone support is important for reliability. The firm’s website and support options are available in more than 5 different languages, which is very flexible.

The firm gets a 5 score in this section as it has multilingual support with diverse options.

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Frequently Asked Questions on WeMasterTrade

Is WeMasterTrade legit?

The WeMasterTrade scam is still a possibility as the firm has almost no reviews and is super young, lacking crucial experience in the prop industry.

Is WeMasterTrade a good prop firm?

No, the firm offers good support and cheap fees, but its safety is questionable with several negative reviews on Trustpilot.

What is the minimum WeMasterTrade fee?

The smallest one-time fee starts at 55 USD for the smallest 10k 2-step challenge, which is competitive.