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Is WeMasterTrade the Best New Prop Firm? My Honest Review (2025)

If you’ve been browsing for the best prop firm with discount offers or searching for a reliable FTMO alternative, chances are you’ve come across WeMasterTrade. They’re a newer player in the prop firm space but are they legit? And more importantly, are they worth your money and time?

In this blog, I’ll break down everything I found out about them from their funded challenge model to instant funding, trading rules, and my personal thoughts as a trader who’s tested multiple prop firms like FTMO, Fintokei, MyFundedFX, and more.

Let’s dive into whether WeMasterTrade is a scam or the next big thing in prop trading.

What Is WeMasterTrade?

WeMasterTrade is a proprietary trading firm offering two main paths to get funded:

  • A classic 2-phase challenge
  • An instant funding account with no challenge

They operate via MetaTrader 5, offer high leverage (up to 1:100), and allow trading during news events, overnight, and even over weekends.

If you’re looking for a no fee prop firm or something that offers funded account without challenge, this definitely fits the criteria.

Key Features (And What Makes Them Stand Out)

  1. Two-Phase Challenge
  • Phase 1 Target: 8% profit
  • Phase 2 Target: 6% profit
  • Daily Drawdown Limit: 5%
  • Overall Drawdown Limit: 10%
  • No minimum trading days
  • 90% profit share after qualification

What’s nice is the balance: aggressive enough for pros, but manageable enough for disciplined traders.

  1. Instant Funding

For those who want to skip the challenge and start managing real capital, this is a unique selling point. You pay upfront and start earning immediately under their risk parameters. This reminds me of some instant funding discount models like those offered by SurgeTrader or The Trading Pit.

  1. Affordable Pricing

Their lowest plan starts at just $45 for a $10,000 evaluation account. That’s among the lowest cost prop firm offerings I’ve seen.

And if you fail? They offer 30% off on retry challenges so it’s more forgiving than many other platforms.

How It Compares to FTMO and Other Prop Firms

FTMO is the industry benchmark, but not every trader wants the FTMO experience.

Here’s how WeMasterTrade stacks up:

Feature FTMO WeMasterTrade
Price for 10K account ~$100 $45
Instant Funding ❌ ✅
Platform MetaTrader 4 & 5 MetaTrader 5 only
Weekend Trading ❌ ✅
Retry Discount ❌ ✅ (30% off)

If you’re searching for FTMO alternatives with discount, this is definitely one to consider.

 

Is WeMasterTrade Legit?

Based on my research, they’re not a scam, but they’re also still building their reputation.

 

  •  They have excellent reviews on Trustpilot. Always do your due diligence.

Should You Try Them?

If you’re:

  • Looking for a cheap prop firm
  • Wanting to start with low-cost challenges
  • Interested in free prop firm trials
  • Searching for a firm that lets you get funded without a challenge

…then WeMasterTrade is worth a look.

I recommend using promo platforms like TopPropOffers.com to check if there’s a current WeMasterTrade discount code, coupon, or promo code 2025 available before signing up.

https://toppropoffers.com/prop-firms/wemastertrade/ 

Final Thoughts

WeMasterTrade is a fresh but promising entry into the prop firm market. While they may not be as established as FTMO or MyFundedFX, their instant funding, low fees, and lenient rules make them a strong option for traders especially if you’re budget-conscious and want flexible trading conditions.

Don’t forget to use every edge possible strategy, psychology, AND discounts.

Want the best prop firm with discount? Head to TopPropOffers.com to compare WeMasterTrade with other major prop firms and get exclusive coupon codes and free prop firm challenge opportunities.