# WeMasterTrade

Cheap two-step challenge that pays 30% in phase two, plus instant funded accounts.

Source page: https://trust.chartnaut.com/firms/wemaster-trade  
Website: https://wemastertrade.com  
Founded: —  
Based in: Gros-Islet, Saint Lucia  
Markets: Forex, Indices, Commodities, Crypto, Stocks  
Platforms: MetaTrader 5, Match-Trader  
Payout methods: Bank transfer, Crypto

## Overview

WeMasterTrade is a forex and CFD prop firm registered in Saint Lucia, with stocks, indices, commodities and crypto on MetaTrader 5 and Match-Trader. It sells a low-cost two-step challenge and a range of instant funded accounts. It suits traders who want a cheap way in and are comfortable with strict per-trade risk rules once funded.

### How the evaluation works

- **Challenge Package:** $10K to $100K. Phase 1 needs 8% and phase 2 needs 6%. Both phases have a 5% daily loss and a 10% overall loss, measured on equity against a fixed floor. You already earn a 30% share of profit made in phase 2.
- **51010 Instant:** $5K to $200K with no evaluation. The limits are 5% daily and 10% overall, and you need 10% profit before you can withdraw.

### Rules worth knowing

- The daily loss limit uses whichever is higher at the start of the day, your balance or your equity.
- On instant accounts each trade idea (same symbol, same direction) must risk under 2% of the starting balance. On challenge funded accounts the limit is 1%, and breaking it closes the account for good.
- Phase 2 and some instant accounts carry a 20% profit consistency rule: your best day can't be more than 20% of total profit.
- News trading is allowed, and weekend holding is open on forex, stock and crypto accounts.

### Getting paid

Funded challenge accounts pay up to 90%, and you can request a payout every seven days. The challenge fee comes back once you've made 6% profit. The firm says requests are processed within 24 hours after verification, which can include an interview. Payouts go by bank transfer or stablecoins such as USDC.

## Good

- Challenge from $62 for $10K
- 30% profit share already in phase two
- Fee refunded once you reach 6% profit
- News trading and weekend holding allowed

## Watch for

- 2% risk cap per trade idea on instant accounts and 1% on challenge funded accounts
- 20% profit consistency rule on several accounts
- Not available to residents of Vietnam and several other countries

## Challenges

| Program | Steps | Account | Price | Profit targets | Daily loss | Max loss | Drawdown | Split | Min days | Payouts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Challenge Package | 2-step | USD 10,000 | USD 62 | 8% / 6% | 5% | 10% | Static | 90% | — | every 7 days |
| Challenge Package | 2-step | USD 25,000 | USD 126 | 8% / 6% | 5% | 10% | Static | 90% | — | every 7 days |
| Challenge Package | 2-step | USD 50,000 | USD 240 | 8% / 6% | 5% | 10% | Static | 90% | — | every 7 days |
| Challenge Package | 2-step | USD 100,000 | USD 445 | 8% / 6% | 5% | 10% | Static | 90% | — | every 7 days |
| 51010 Instant | Instant | USD 5,000 | USD 44 | None | 5% | 10% | Static | 90% | — | on demand |
| 51010 Instant | Instant | USD 50,000 | USD 340 | None | 5% | 10% | Static | 90% | — | on demand |
| 51010 Instant | Instant | USD 100,000 | USD 656 | None | 5% | 10% | Static | 90% | — | on demand |
| 51010 Instant | Instant | USD 200,000 | USD 1,264 | None | 5% | 10% | Static | 90% | — | on demand |

## Trading rules

- News trading: Allowed
- Expert advisors / bots: not checked
- Copy trading: not checked
- Weekend holding: Allowed
- Overnight holding: Allowed
- Hedging: not checked

Not available in: IL, IR, KP, RU, VN

## What traders say

Checked 2026-10-06.

- Trustpilot: no score (https://www.trustpilot.com/review/wemastertrade.com)
- Forex Peace Army: no score (https://www.forexpeacearmy.com/forex-reviews/22507/wemastertrade-review)
- Myfxbook: no score (https://www.myfxbook.com/reviews/prop-trading-firms/wemastertrade/3224480,1)
- Reddit: no score (https://www.reddit.com/r/Trading/comments/1os7670/wemastertrade_fails_to_honor_payments_to_approved/)
- YouTube: no score (https://www.youtube.com/watch?v=NLydKGJ032s)

WeMasterTrade's reviews split sharply by site. Review sites have quoted a Trustpilot score of 4.5 to 4.7 from about 2,000 reviews, but we could not confirm a current figure from Trustpilot itself: its page notes that fake reviews were removed, and the firm announced in November 2025 that it had ended its relationship with Trustpilot. Myfxbook reviews are almost all positive. Forex Peace Army and Reddit carry a steady run of payout disputes.

### What traders like

- **Cheap instant accounts.** Many reviewers like the low entry price and being able to trade funded without a challenge.
- **Payouts that arrive.** Several Myfxbook and Trustpilot reviewers report multiple payouts, some within hours.
- **Clear rules and helpful support.** Positive reviews often mention easy rules, stable MT5 execution and responsive staff.

### Common complaints

- **Consistency rules at payout time.** The most common complaint on Forex Peace Army and Reddit: traders say evaluations or payouts were rejected under profit or risk consistency rules they saw as hidden, even after hitting targets without breaching loss limits.
- **Payouts denied or never sent.** Some say approved withdrawals went unpaid, or a payout was refused without a specific explanation, and that tickets went unanswered.
- **Trades closed by the firm.** One recent reviewer says staff closed open trades before a payout request, then cited a rule breach.
- **Doubts about the review record.** A Reddit poster says negative Trustpilot reviews were removed. A Reddit scam thread notes the firm was not listed at its stated addresses, and one review site found the profit-sharing contract names a Saint Lucia company rather than the Vancouver firm.

### Recently

- **August to September 2026:** new Forex Peace Army reviews and threads describe rejected evaluations under the consistency rule, a denied $5,000 payout and trades closed by the firm.
- **September 2026:** the firm says payouts are now processed within 24 hours once checks, including a verification interview, are complete. A review site published its finding about the Saint Lucia contract.

### Where this comes from

- [Trustpilot](https://www.trustpilot.com/review/wemastertrade.com): merged review page, with a fake-review notice.
- [Forex Peace Army](https://www.forexpeacearmy.com/forex-reviews/22507/wemastertrade-review): trader reviews, mostly payout disputes.
- [Myfxbook](https://www.myfxbook.com/reviews/prop-trading-firms/wemastertrade/3224480,1): trader reviews, mostly positive.
- [Reddit](https://www.reddit.com/r/Trading/comments/1os7670/wemastertrade_fails_to_honor_payments_to_approved/): a November 2025 thread on an unpaid approved withdrawal.
- [YouTube](https://www.youtube.com/watch?v=NLydKGJ032s): a 2026 review video.
- [The Industry Spread](https://theindustryspread.com/wemastertrade-review-saint-lucia-contract-vancouver-brand/): review covering the contracting entity and consistency rules.

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Information gathered from public sources (company websites, regulator registers, third-party review sites). Ratings are quoted from those sources and are not the opinion of Chartnaut.com. Not financial advice. Trading carries a high risk of loss. Questions or corrections: help@chartnaut.com. Methodology: https://trust.chartnaut.com/methodology