There are no Winbance reviews on the Forex Peace Army (FPA) platform, which is a serious downside. The firm has only 150 reviews on Trustpilot, and 21% of these reviews are 1-star evaluations, which indicates serious issues with the firm’s services. While it might not be a scam company, there are serious challenges faced by traders that need immediate attention. As for the experience, the firm was launched in 2022 which gives it several years of experience in the prop trading industry.

The firm gets a 1.5 score in this section for only having some experience in the prop trading industry.

Winbance funded programs include only 1-step and instant challenge types. There is no 2-step program available. These accounts are called Evaluation and Direct Pass. There is also an event where traders can buy three accounts with one 99 USD fee, which is attractive. The list of Winbance funding options includes 15k, 50k, 100k, and 150k USD. 

Winbance challenges lack smaller funded amounts but the price for the 15k USD is very low and should enable even beginners to start at low cost and become funded. 

Winbance scaling plan is not available which is a serious downside, preventing traders from growing their funded accounts to acquire larger trading capital.

The firm gets a 3 score in this section as a result. 

Winbance prop trading assets include mainly futures and there are also bonds and indices offered which enables traders to gain exposure to diverse market types. However, the firm still does not provide access to Forex assets directly which is a serious downside. 

As a result, the firm only gets a 1.5 score in this section. 

Winbance rules require traders to maintain strict risk control while trying to achieve profit targets. Here is the list of main trading rules to follow at Winbance:

• Profit target - 6.5%
• Daily loss limit - 2.5%
• Overall drawdown - 4%
• Minimum trading days - 5 days

News trading is not allowed and traders should close trading positions at the end of the trading session which is a downside.

Overall, the firm only gets a 0.8 score in this section for having stringent requirements. 

The pricing structure is super attractive with Winbance as the firm offers traders two choices. They can either pay the challenge fee after they pass the evaluation or do not pay the fee and get only a 35% profit split. Withdrawals are processed within 48 hours as the firm claims, which is also competitive. This fee structure starts at 99 USD which is very competitive for 15k challenge accounts, making the firm one of the cheapest in the futures prop trading sector.

Winbance free trial is not offered which is a minor downside but Winbance free repeat is available for one-time only. 

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

The firm offers access to a wide range of futures and multi-assets trading platforms like NinjaTrader, Quantower, ATAS, and R|Trader Pro. These platforms are available for all devices including mobile, and support automated trading and custom indicators which are very flexible. 

Overall, the firm gets a 3.9 score in this section.

Winbance profit split is 80% for all funded accounts. Traders can choose to pay the fee after they pass the challenge or not pay in which case they only get a 35% profit split. Withdrawal processing only takes 48 hours which is 2 business days and is actually competitive. However, there are no discount events and the spreads are not zero. 

Overall, the firm gets a 3 score in this section as a result of cheap fees and quick withdrawals. 

The firm does not provide educational resources which is a downside. There are no webinars, live events, or video guides offered. The firm offers an economic calendar allowing traders to monitor major economic news releases which is useful.

The firm gets a 1 score in this section. 

Customer support is provided via live chat and email options. Futures firms often do not provide live chat support and Winbance is flexible in this regard. The firm also offers phone support options and provides its address, which is an important safety feature. The firm does not provide multilingual support or a website which is a minor downside. There are only three languages which is not enough to give the firm a multilingual status.

Overall, Winbance gets a 3.8 score in this section.