Having complete information about WeMasterTrade’s funding packages will help you choose the right one that suits your trading strategy. Additionally, understanding the trading rules will help you develop a strategy that avoids rule violations and fund revocation. So before you start trading with WeMasterTrade’s fund, be sure to read this entire article.
WeMasterTrade Fund Trading Rules
Currently, WeMasterTrade offers several trading rules for investors. Among all the rules listed below, two rules—Profit Consistency and Risk Consistency—are the most challenging for traders, as most often violate them. Let’s explore all the rules in detail.
Criteria for Profit Withdrawal Eligibility
Profit Target
- This is the minimum profit required for withdrawal, calculated as a percentage of the fund’s initial capital. Most packages apply a Profit Target, except for the 510Zero package which has none.
- Example: For a $10,000 package, the 51010 package has a 10% Profit Target. This means you must earn at least $1,000 in profit to be eligible for withdrawal.
Profit Consistency
- This criterion evaluates a trader’s ability to generate consistent profits. Except for the 51010-NoPC package, all other WeMasterTrade packages apply this rule alongside the Profit Target.
- Profit Consistency formula:
Profit Consistency (%) = Best trading day profit / Total profit of all trading days * 100
- Example: You’re trading a package with a 20% Profit Consistency rule. Your daily profits/losses (closed and floating) are:
- Day 1: $100
- Day 2: $200 — Best profit day
- Day 3: -$50
- Day 4: $100
- Day 5: $60
Profit Consistency = [200/(100+200-50+100+60)] * 100 = 48.7%. Since this is higher than the required 20%, the trader is not compliant and must make additional trades with more balanced profits.
- Tip: To maintain Profit Consistency after reaching your Profit Target, ensure daily profits don’t exceed 20% of your target. E.g., for a $10,000 package with a $1,000 Profit Target, keep daily profits under $200.
- This is the actual share of profit you can withdraw once both conditions—Profit Target and Profit Consistency—are met. Maximum Profit Share is 90%, depending on the number of withdrawals:
| Withdrawal Count | Profit Share |
|---|---|
| 1st time | 50% |
| 2nd time | 75% |
| From 3rd time onwards | 90% |
- Packages like 510Zero and 51010-NoPC have different Profit Share rules. Detailed info is shared below in the fund package section.
Rules Leading to Fund Revocation
These are critical rules you must understand to avoid fund revocation, especially the strict Risk Consistency rule.
Max Daily Loss
- This is the maximum daily loss allowed, calculated as a percentage of the fund’s initial capital, including both closed and open trades.
- Example: For a $10,000 fund under the 51010 package, Max Daily Loss is 5% → maximum daily loss must not exceed $500.
Max Total Loss
- This is the maximum total loss from all trades, also calculated as a percentage of the initial capital.
- Example: For a $10,000 fund under 51010, Max Total Loss is 10% → your total loss must not exceed $1,000.
Risk Consistency
- This is considered the most difficult rule to follow. The maximum drawdown (including open trades) per Trade Idea must not exceed 2% of the initial capital.
- A Trade Idea: trades in the same direction on the same asset pair.
- Example: With a $10,000 fund (package 51010), the Risk Consistency limit is 2% * $10,000 = $200.
- If you open 3 BUY orders on GOLD, regardless of time, violations occur if:
- The total floating loss exceeds $200.
- All 3 orders are closed within 3 minutes and the combined loss exceeds $200.
- If you open a BUY order on GOLD and another on EUR/USD, the 2% limit applies separately.
- If you open 3 BUY orders on GOLD, regardless of time, violations occur if:
Note:
- Risk Consistency for 51010-NoPC package is 1%
- Swap, commissions, and other fees are included in total risk.
Other Violation Policies
- IP Duplication: Logging in/out or trading from the same IP as any other client in the system.
- Copying trades: Duplicating trades from any other client trading with WeMasterTrade.
Detailed Information on WeMasterTrade Funding Packages
WeMasterTrade offers a wide range of packages tailored for different trading strategies. These are categorized into Instant and Challenge packages.
Instant Packages
To compare these easily, refer to the comparison chart below. This article highlights the key differences in each package.
Standard Package
- Max Daily Loss: 4%
- Max Total Loss: 6%
- Profit Target: 6%
- Profit Consistency: 20%
- Risk Consistency: 2%
- Profit Share: Up to 90% (based on number of withdrawals)
51010 Package
- Max Daily Loss: 5%
- Max Total Loss: 10%
- Profit Target: 10%
- Profit Consistency: 20%
- Risk Consistency: 2%
- Profit Share: Up to 90%
510Zero Package
- Max Daily Loss: 5%
- Max Total Loss: 10%
- Profit Target: None
- Profit Consistency: 20%
- Risk Consistency: 2%
- Profit Share:
- Profit < 6% → Fixed Profit Share = 20%
- Profit > 6% → Up to 90% (based on number of withdrawals)
51010-NoPC Package
- Max Daily Loss: 5%
- Max Total Loss: 10%
- Profit Target: 10%
- Profit Consistency: Not Applied
- Risk Consistency: 2%
- Profit Share is based on Daily Loss (DL):
| Daily Loss (DL) | Max Profit Share (PS) |
|---|---|
| DL < 1% | Up to 90% |
| DL ≥ 1% | 50% |
| DL ≥ 1.5% | 30% |
| DL ≥ 2% | 20% |
Challenge Packages
These are lower-cost packages compared to Instant ones, but require completing two phases before withdrawal.
Phase 1
- Max Daily Loss: 5%
- Max Total Loss: 10%
- Profit Target: 8%
- Profit Consistency: Not Applied
- Risk Consistency: Not Applied
- Profit Share: Not allowed, only progresses to Phase 2 if target is met
Phase 2
- Max Daily Loss: 5%
- Max Total Loss: 10%
- Profit Target: 6%
- Profit Consistency: 20%
- Risk Consistency: 2%
- Profit Share: 30%
Above is all the essential information you need before trading with WeMasterTrade. For further questions, please join the communities below:
- Zalo Community Group: [WeMasterTrade] izyCrypto Team
- Facebook Group: WeMasterTrade Vietnam Community
