Restricted Countries
What countries are not available for trading?
WeFund is not available for trading in certain countries. Restricted regions include, but are not limited to, Afghanistan, Algeria, Cuba, Iran, Libya, Myanmar, North Korea and Syria, USA. Access restrictions are also enforced during the checkout process.
Are traders from the USA allowed to join WeFund?
At the moment WeFund is not available for trading for US citizens. Coming March WeFund expects to be able to offer our services to US traders, marking an exciting milestone.
What actions are strictly prohibited on WeFund’s platform?
The following activities are not allowed to ensure fairness and compliance:
Unlawful Conduct - Any activity that violates local, state, federal, or international laws.
Regulatory Violations - Non-compliance with securities, commodities, and forex trading laws.
Intellectual Property Violations - Unauthorized use of WeFund’s or third-party intellectual property.
Harmful Behavior - Harassment, intimidation, discrimination, or sending derogatory messages to staff or traders.
What deceptive practices are banned?
False Information - Submitting misleading details during account setup, verification, or trading.
Malicious Code - Uploading software that disrupts or compromises the platform.
Privacy Violations - Collecting, storing, or misusing personal data of other users.
Data Exploitation - Using unauthorized data sources or market irregularities to gain unfair advantages.
Immoral Content - Disseminating offensive, obscene, or objectionable material.
What platform-related activities are prohibited?
Platform Exploitation - Abusing system delays, technical issues, or order mechanisms to secure artificial profits.
Security Exploitation - Attempting to bypass or undermine WeFund’s security measures.
Account Management Violations:
Sharing login credentials.
Allowing unauthorized users to trade on an account.
Using multiple accounts to bypass rules.
Engaging third parties to manage or trade on an account without approval.
Using unauthorized VPNs, proxy servers, or remote access software.
Are there restrictions on Expert Advisors (EAs)?
Yes, EAs must:
Follow trading rules and not exploit vulnerabilities.
Reflect genuine trading behavior and not create unfair advantages.
Not be duplicated across multiple accounts.
Not use prohibited strategies (e.g., arbitrage, Martingale, grid trading, latency trading).
What happens if I violate third-party terms?
Using WeFund to conduct activities that violate third-party (e.g., broker) policies is prohibited.
If a broker blocks your account for compliance violations, WeFund may apply the same restriction.
Can I trade if I work for a proprietary trading firm?
No, traders affiliated with proprietary trading firms, including their owners and employees, are not allowed to participate.
What enforcement measures can WeFund take?
Soft breaches - Warnings, profit deductions, or account resets.
Hard breaches - Immediate termination, forfeiture of profits, and a permanent ban.
Severe misconduct may be reported to regulatory authorities.