Want to get funded but afraid of failing the evaluation? This guide shares insider tips and smart strategies to help you pass WemasterTrade’s challenge and become a funded trader.
💡 What Is a Prop Firm Challenge?
A prop firm challenge is a test of your trading skill. To get funded, traders must prove they can trade consistently and manage risk. At WemasterTrade, the evaluation is straightforward:
- One single phase (no two-step)
- Reach target profit (e.g., 8%)
- Stay within daily and max drawdown limits
- Follow basic trading rules (no cheating, news exploitation, etc.)
✅ No minimum trading days – pass in 2 days or 20, it’s up to you!
✅ WemasterTrade Challenge Rules (2025 Summary)
| Rule | Description |
|---|---|
| Profit Target | 8% total profit |
| Max Daily Drawdown | 5% (based on equity, not balance) |
| Max Overall Drawdown | 10% |
| Trading Days Required | None (pass anytime) |
| Holding Overnight/Weekend | ✅ Allowed |
| Stop Loss Requirement | ❌ Not required |
| Platforms Supported | MT4, MT5, TradeLocker |
🔑 5 Proven Tips to Pass the WemasterTrade Challenge
1. Trade Small at the Start
Don’t rush. Trade with smaller lot sizes until you’re up 2–3%. It gives you room to survive losses and gain confidence.
“Passing a challenge isn’t about speed. It’s about consistency.”
2. Use the Drawdown Rules to Your Advantage
WemasterTrade calculates max daily drawdown based on equity, not balance. This is more trader-friendly and lets you manage open trades more flexibly.
🔁 Example: If you’re in floating profit, that space extends your risk margin for the day.
3. Avoid Overtrading & Revenge Trading
Many traders fail not because of strategy, but because of emotions. Stick to a set number of trades per day and don’t chase losses.
✅ Tip: Define a trading plan before the challenge starts.
4. Use News to Pause, Not Trade
Although WemasterTrade allows news trading, high volatility can cause unexpected spikes. It’s safer to stay out during major economic events unless you have a proven edge.
5. Scale In Wins, Not Losses
Add positions only when you’re in profit. Never scale into losers.
🚫 Avoid martingale. It can break your account in 1 bad session.
🎯 Best Strategy Types That Work with WemasterTrade
| Strategy Type | Suitable for Challenge? | Notes |
| Scalping | ✅ Yes | Use tight SL & TP, trade in sessions |
| Swing Trading | ✅ Yes | Take advantage of overnight holding |
| News Trading | ⚠️ Caution | Only with experience |
| Algo Trading | ✅ Yes | Allowed, but must follow risk rules |
📈 Challenge Progress Tracker (Optional)
Keep a journal during your evaluation phase:
- Daily profit/loss
- Mistakes made
- Emotions felt
- Adjustments for next day
This habit alone improves discipline and clarity.
🏁 Final Advice – Think Long Term
Passing a prop firm challenge is not just about hitting 8% fast. It’s about showing you can manage capital responsibly. Trade like you already have the live account.
“You don’t rise to the level of your goals. You fall to the level of your systems.” – James Clear