Is WeMasterTrade The Best Prop Firm For You?
Honest review of WeMasterTrade — payouts, trading rules, real trader feedback & exclusive promo deals you won't find anywhere else.
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Key Features
Max Funding
$200,000
Profit Split
Up to 90%
Time Limit
Unlimited
Leverage
1:100
Max Drawdown
10%
Daily Drawdown
5%
Payout
On demand
Scaling Plan
Yes
KYC Required
Yes
Instant Funding
Yes
Crypto Trading
Yes
Platforms
MT5
Pros & Cons
✅ Pros
- Multiple account types with flexible rules
- No time limit or minimum trading days
- News trading, scalping, and EAs allowed
- Profit split up to 90%
- Offers instant funding options
- Customizable account parameters available
❌ Cons
- Trade copier not allowed in NoPC accounts
- Limited public reviews or community feedback
About WeMasterTrade
WeMasterTrade was established in 2022 and is part of the WeCopyTrade ecosystem. They provide capital to traders via multiple challenge types and filter top-performing traders into WeCopyTrade's master trader program for copy trading exposure.
Trading Rules
- A 20% profit consistency rule applies to instant funding accounts for successful payout eligibility.
Additional Information
WMT Trading Environment
WMT provides a professional trading environment with access to multiple markets and instruments. Their platform includes advanced trading tools, real-time analytics, and comprehensive risk management features to support traders' success.
Understanding WMT's Evaluation Program
The WMT evaluation program is designed to identify skilled traders while providing a realistic path to funding. Their process includes clear profit targets, reasonable trading rules, and comprehensive support throughout the evaluation phase.
Risk Management at WMT
WMT emphasizes proper risk management with clear guidelines on position sizing, drawdown limits, and risk per trade. Their system is designed to protect both the trader and the firm while allowing for profitable trading opportunities.
Trading Platforms and Tools
WMT offers access to professional trading platforms with advanced features. Their platform integration includes real-time analytics, risk management tools, and comprehensive market data to support traders' decision-making.
Trading Rules and Flexibility
WMT offers flexible trading rules that accommodate various trading styles. Their system allows for different strategies while maintaining proper risk management and account protection measures.
What Traders Are Saying
"Persistence is key and just like market trends, they maintained an inspiring overview of the benefits of being a funded trader in the market. With a simple e-signature process, my trading journey was ready to set sail for a profitable future... We Master Trade extended my an opportunity of a lifetime and for that I am grateful."
Available Evaluation Plans
2-Step
| Account Size | Max Drawdown | Daily Drawdown | Leverage | Profit Target | Profit Split | Fee | Action |
|---|---|---|---|---|---|---|---|
| $10,000 | 10% | 5% | 1:100 | 8% / 6% | 80 | $45.00$33.75 | Save $11.25 now Exclusive 25% off – First Purchase Only |
| $25,000 | 10% | 5% | 1:100 | 8% / 6% | 80 | $100.00$75.00 | Save $25 now Exclusive 25% off – First Purchase Only |
| $50,000 | 10% | 5% | 1:100 | 8% / 6% | 80 | $200.00$150.00 | Save $50 now Exclusive 25% off – First Purchase Only |
| $100,000 | 10% | 5% | 1:100 | 8% / 6% | 80 | $320.00$240.00 | Save $80 now Exclusive 25% off – First Purchase Only |
Instant Funding
Frequently Asked Questions
What makes WMT's evaluation model unique compared to other prop firms?
WMT offers a distinctive three-tier evaluation system with Express, Standard, and Elite challenges. Their Express program features a single-phase evaluation with an 8% profit target and no time constraints. The Standard program has two phases with 8% and 5% targets respectively, while the Elite program provides higher account sizes up to $400,000 with customized profit targets and enhanced trader support. WMT is also known for their transparent 'second chance' policy that allows traders to restart challenges after a cooling period rather than requiring new purchases.
What are WMT's specific drawdown rules and how are they calculated?
WMT implements a maximum drawdown of 8% on total account balance and a 4% daily drawdown limit. Both are calculated on a real-time equity basis (including floating P/L), not just on closed trades. Their platform provides visual indicators when approaching drawdown limits (yellow warning at 75% of limit, red at 90%). WMT also uniquely offers a 'drawdown reset' feature for funded traders who maintain profitability for 3 consecutive months, allowing them to reset their maximum drawdown calculation to the new account balance.
How does WMT's scaling program work for successful traders?
WMT's scaling program allows traders to increase their account size by 25% after achieving 10% profit over two consecutive months with consistent trading (minimum 10 trading days per month). After four successful scale-ups, the profit split increases from 80% to 90%. There's no cap on the number of scale-ups, with maximum account sizes reaching $2 million. WMT also offers a unique 'fast track' option where exceptional performers (15%+ profit with proper risk management) can request accelerated scaling evaluation.
What specific trading instruments and markets are available with WMT?
WMT provides access to over 100 trading instruments including 60+ forex pairs (all majors, minors, and select exotics), 20 global indices (including US30, NASDAQ, S&P500, DAX, FTSE), commodities (gold, silver, oil, natural gas), and 15 cryptocurrency pairs. Each instrument category has specific trading hours and leverage settings: 1:100 for forex, 1:20 for indices, 1:50 for metals, and 1:5 for cryptocurrencies. WMT also offers exclusive access to certain emerging market pairs not commonly available at other prop firms.
What are the specific prohibited trading strategies at WMT?
WMT prohibits several high-risk strategies including: news trading during major economic releases (restricted 5 minutes before/after), arbitrage between instruments or platforms, excessive scalping (positions held under 2 minutes), martingale or grid trading with increasing position sizes, holding positions through weekends, and trading illiquid instruments with spreads exceeding 8 pips. They also have a unique 'correlation risk' rule that limits exposure across similar instruments to prevent circumventing position size limits.
How does WMT handle payouts and what documentation is required?
WMT processes payouts weekly with a minimum withdrawal threshold of $50. First-time withdrawals require standard KYC verification (government ID and proof of address), with processing typically taking 1-3 business days. Traders can choose between bank transfers, crypto payments (Bitcoin, Ethereum, USDT, and 5 other cryptocurrencies), or e-wallets (Skrill, Neteller, PayPal) for withdrawals. WMT also offers a unique 'express payout' option for an additional fee that guarantees same-day processing for withdrawal requests made before 10 AM GMT.
What trading platforms does WMT support and what are their unique features?
WMT supports both MetaTrader 4 and MetaTrader 5 platforms with full customization capabilities. Their MT4 implementation features enhanced execution speeds with average latency under 10ms and their MT5 offering includes exclusive access to WMT's proprietary indicators package with 15 custom indicators for risk management and trade identification. Both platforms include WMT's custom dashboard that displays real-time metrics on drawdown, position sizing, and correlation risks to help traders stay compliant with account rules.
What educational resources and support does WMT provide to traders?
WMT offers comprehensive educational resources including a video library with over 80 strategy tutorials, weekly live webinars with professional traders, a private Discord community with over 5,000 members, and 24/7 technical support via chat and email. Funded traders receive additional benefits including one-on-one coaching sessions, priority support response, and access to WMT's proprietary market analysis reports. They also provide detailed performance analytics that break down trading patterns by session, instrument, and strategy type.