Howdy, everyone. We’ve got another review for you, and we’re going to go over WSFunded, which is a prominent proprietary trading firm that has been building an outstanding reputation in the trading community. Now, with a solid year of experience under its belt, WSFunded continues to attract traders worldwide with its innovative offerings and trader-friendly programs.
WSFunded Review Is Here: Check it Out!
If you’re not yet familiar with WSFunded, they are a fairly well-established prop trading firm founded by the co-founders Iñaki Martínez and Albert Suriol in December of 2023. They are headquartered in Dubai, UAE. Now, they’ve quickly emerged as an excellent choice in the industry by offering traders an opportunity to choose between three different funding programs: two unique two-step evaluations and one-step evaluations. These programs give traders the opportunity to manage account sizes of up to $1,000,000, as well as the chance to scale their capital further.
Let’s take a closer look at each of their funding programs and, overall, what WSFunded is doing in the industry.
WSFunded Funding Programs
The three funding programs are the Classic Challenge, the Ultra Challenge, and the Rapid Challenge.
Classic Challenge
Let’s start with the Classic Challenge. This program offers traders the opportunity to manage account sizes ranging from $5,000 to $100,000. It’s designed to identify skilled traders who demonstrate not just profitability but consistency and effective risk management during a two-step evaluation process. Just to note, the Classic Challenge supports trading with leverage of up to 1:250. The program requires traders to achieve specific objectives while maintaining disciplined risk management. During the evaluation, traders must meet a profit target of 8% in Phase One and 5% in Phase Two. Once you’re fully funded, there are no asset profit target limits.
Ultra Challenge
Let’s move on to the Ultra Challenge, which offers the opportunity to manage account sizes ranging from $10,000 to $100,000. As with the Classic Challenge, the Ultra Challenge targets skilled traders who demonstrate consistent profitability and risk management, but it’s also a two-step evaluation process with leverage of up to 1:50. In the Ultra Challenge, traders must achieve a 10% profit target in Phase One and 5% in Phase Two. Once fully funded, there are no profit targets. The maximum daily loss is capped at 5%, and the overall loss limit is 10%, applicable to all account sizes.
Rapid Challenge
Now, let’s quickly go over the Rapid Challenge. This offers traders the opportunity to manage account sizes ranging from $10,000 to $100,000 and is designed to identify disciplined traders who demonstrate profitability and risk management during a single-step evaluation process. The Rapid Challenge provides trading with leverage of up to 1:3. Traders must achieve a 10% profit target while adhering to strict risk management. Once funded, there are no profit targets on the account. However, the maximum daily loss is capped at 4%, and the overall loss limit is 6%.
This is just a little detail about the Funding Programs. For more details about the firm, watch the full WSFunded Review Video:
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