What is the 10X Trader Program?
The 10X Trader is an A-booked Instant Funding model with an A-booked Scaling Plan, where traders receive real market execution through our institutional broker partner. You can join by purchasing an Instant Funding account or through the Amplified Scaling Plan.
When trading in the 10X Trader program, you’ll benefit from guaranteed daily payouts, only 1 trading rule, an A-booked environment, real market execution, on-demand scaling, profit splits of up to 100%, and many more benefits.
Are 10X Trader accounts A-booked?
Yes, 10X Trader accounts are A-booked and executed directly on the real market using our STP (Straight Through Processing) model with our partnered Institutional Broker.
What are some of the other trading rules and restrictions ?
The 10X Trader Program offers traders maximum freedom with only one trading rule:
Maximum Overall Drawdown: A 10% static drawdown limit is enforced to the balance to support responsible risk management.
How are payouts handled?
Profit withdrawals can be made on a daily basis 24/7, as long as all positions have been closed. Since all trading is executed on the real market, there’s no payout approval process.
Processing times depend on the withdrawal method you choose. For example, bank transfers are subject to standard banking timelines.
Is the 10X Trader Program powered by a broker?
Yes, all traders are connected to our partnered European institutional broker and executed via STP through their liquidity provider. This ensures optimal trading conditions and the best execution, allowing you to trade the markets with confidence.
Is the account fee for a 10X Trader account refundable?
Yes, if a 10X Trader chooses to stop, they can request a refund of the account fee, as long as there are no open positions. The refund will be issued minus any payment processing fees and any open drawdown on the account. If there's open profit, it will be paid out to the trader.
Can I top up or merge my account?
Absolutely. You can increase your account size at any time, and each top-up will be amplified 10X. Merging accounts is also possible - just contact our support team for assistance.
What is the maximum drawdown?
The maximum drawdown is 10%.
Does the 10X Trader Program also have a maximum daily drawdown?No, there is no maximum daily drawdown - only a maximum total drawdown of 10%.
What happens if I hit the maximum drawdown on the account?If your account equity falls by 10% from the starting balance, you've reached the maximum drawdown limit and the account will be considered breached. This signifies the termination of your trading account, resulting in the forfeiture of the initial account fee.
How do I get started?
Choose the account size you want to trade, complete a quick onboarding process, and get instant access to your 10X Trader account.
What countries are restricted from trading at WeFund?
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 there any hidden fees?
No hidden fees. All terms are transparent and provided upfront.
What is the minimum account size available?
With the 10X Trader Program, you configure your own account fee, which is then multiplied by 10 to determine your account size. The minimum account fee is $500, giving you a $5,000 live trading account.
Can I request market execution statements from the Liquidity Provider?
Yes, you can request market execution statements directly from our Liquidity Provider.
What is the leverage on the 10X Trader account?
The leverage is set at 1:10.
Are there any trading restrictions?
No, the only rule on the 10X Trader program is: a 10% maximum drawdown.
Is there a minimum withdrawal amount?
No, you can withdraw the profit from each trade. Ensuring optimal flexibility for our traders.
Are there consistency rules in the 10X Program?
No, there's only one trading rule in the 10X Trader Program: a 10% maximum drawdown.
Can I trade on MetaTrader 5?
Yes.