WSFunded Reviews

2

1

Raw spreads and clean execution

1-minute minimum holding time rule, along with the requirement to always have a stop-loss placed on every trade.

0

7

The trading platform and basic MT5 execution worked well during my experience. I was able to trade normally, complete the evaluation process and reach the funded stage without major technical issues. The trading environment itself was not my main problem with WSFunded. However, it is important to mention that I was never warned during trading that I was supposedly exceeding the 2.5% maximum risk per trading idea rule. There was no dashboard alert, no visible percentage showing the accumulated risk of a trading idea, no indication of which trades WSFunded was grouping together, no warning email and no restriction placed on the account. From my side, everything appeared to be operating normally. The alleged issue with the trading-idea rule was only communicated after I requested a payout. That is where my experience with the firm changed completely. The platform and execution worked correctly, but once I reached the payout stage, WSFunded retrospectively applied its own interpretation of the “trading idea” rule to reject my withdrawal. So, what I liked most was the basic trading experience and MT5 execution. Unfortunately, the lack of real-time information and warnings regarding such an important risk rule significantly affected my overall experience once it was time to withdraw the profits.

What I liked the least was the payout process, the lack of transparency around the 2.5% maximum risk per trading idea rule, and the way this rule was interpreted in my case. WSFunded decides how different trades are grouped into a single “trading idea”, but the dashboard gives the trader no practical information at all to monitor the status of this rule. There is no indicator showing: * which trades WSFunded is grouping into the same trading idea, * how much risk has already been accumulated, * what percentage of the 2.5% limit has been used, * whether a new trade is still being considered part of a previous idea, * or when WSFunded considers that trading idea to have reset. This is especially problematic because I was not warned at any point while trading that I was supposedly breaching this rule. There was no dashboard alert, no visible percentage, no warning email, no breach notification and no restriction placed on the account. From my side, everything appeared to be operating normally. The alleged problem only appeared after I requested a payout. Another major point of disagreement is the interpretation of what a “trading idea” actually is. In my opinion, a trading idea cannot reasonably be reduced simply to trading the same instrument in the same direction within a certain period of time, such as 30 minutes. A real trading idea involves many different elements: entry level, market structure, setup, stop loss, take profit, risk/reward ratio, intended target, invalidation point, timing, market context and the actual reasoning or intention behind the trade. Two trades can both be XAUUSD buys and take place relatively close together while still being completely different trading ideas. For example, they can have: * different entry zones, * different technical setups, * different stop-loss levels, * different take-profit targets, * different risk/reward profiles, * different market structures, * and completely different reasons for entering the market. Therefore, in my view, simply being on the same symbol, in the same direction and within a certain time window is not enough by itself to establish that two trades are the same trading idea. This distinction becomes extremely important when the company uses its own interpretation of “trading idea” to determine whether the trader exceeded a 2.5% risk limit and, as a result, whether thousands of dollars in profits should be paid. In my case, I had two consecutive withdrawal requests rejected. My first withdrawal request was for $4,799.92, of which my 80% share was $3,839.94. My second withdrawal request was for $6,420.60, of which my 80% share was $5,136.48. Both were rejected. Total expected payout denied: $8,976.42. I contacted WSFunded to dispute the decision and to ask for clarification regarding how the 2.5% trading-idea rule had been interpreted and calculated in my case, but I have not received a proper response to my complaint. That is probably the most disappointing part of the whole experience. For me, a rule capable of invalidating almost $9,000 in expected payouts must have an **objective, transparent and monitorable definition. The trader should be able to see in real time what the company considers one trading idea, which positions are being grouped together, how much risk is attributed to that idea and when the idea has reset. It should not be a rule whose practical interpretation only becomes clear after profits have already been generated and a payout has been requested. If WSFunded properly reviews my case, resolves the dispute and pays the denied payouts, I will update my review accordingly. Until then, I believe other traders should know exactly what happened in my case before deciding whether to trade with this firm.

0

The tight spreads and low slippage. Entries and exits feel much cleaner, which makes a big difference when trading.

The main thing I liked the least is the 30-minute trading idea rule. It can feel restrictive, especially when managing multiple trades or reacting to changing market conditions.

1

2

1. Clear rules 2.Easy dashbord 3.Good fees 4.Support is not bad but could be better 5.Provides many oportunities

Support could be better and also, I would like to get more communication with risk department just in case

0

3

ironically enough is the mandatory stop loss rule

the fact that the not following the stop loss rule leads to a soft breach and automatically cancels that payout circle

0

the community and customer support

spreads and costs

0

Spread and price

Only price account

2

8

Nothing. I liked the fact that it was a Hispanic, Spanish-speaking company, but all of that becomes worthless if, after a short period of time, they are going to ban you and cancel your accounts without justification.

The company rejected payouts without justification. They ban you and cancel the access to the platform and dashboard by changing your password to dont allow you to enter and access you information. They unjusitfied breach your accounts. You try to contact them, but you dont receive any answer or clarification. Stay away from this type of prop firms. I attached all the evidence

0

Las reglas son muy claras English Translation: "The rules are very clear"

Por el momento no me ha disgustado nada English Translation: "So far, I haven't disliked anything."

0

1

Lo que mas me gusto es que los CEO´s son personas que se muestran, comparten e interactúan con la comunidad, eso da confianza. English Translation: "What I liked most is that the CEOs are people who show themselves, share, and interact with the community; that inspires confidence."

No tengo algo que no me guste English Translation: "There's nothing I don't like."