Invest in the best
profit-sharing platform

Waka Funding offers a 1-Step Demo Evaluation Program for forex traders to test and reward their skills in simulated buying power.

250+ trust us

ADVANTAGES

Prop Firms solutions tailored to your needs

80% Profit Share

Let’s grow together. Your initial payout includes a 50% profit split. Every two weeks, we incrementally raise it until you reach a 80% split.

30 days

Withdrawals

Low Commissions 
& Raw Spreads

We aim to provide the best trading conditions in the industry and low commisiones of $6 per lot.

Trade Tracker

We have integrated with the #1 trade journaling software in the world.

48 hours

Withdraw Time

0

Time limits

No Restrictions

Trade freely with unlimited challenge days. Pass in 1 day or 1 year, it makes no difference to us.

PLATFORM

A complete dashboard for track your Trades and Balance

PROCESS

Quick and easy, get started now with WakaFunding

Step 1

Beginning Your Journey

Think of this as the training grounds. You will receive unlimited calendar days to reach a 10% profit target while maintaining the 4% daily and 8% total drawdown parameters. Traders will be upgraded to the experienced trader stage within 72h of completion. Pass in 10 days, or pass in 2 hours, the choice is yours. This program is tailored to speed and will unlock the ability to trade commission-eligible paper trading funds in as soon as 3 days.

Step 2

Experienced Trader Stage

Congratulations, you have exponentially taken your trading to the next level. Display your trading performance during this stage and become eligible to receive up to 80% of your simulated profits through a performance commission. As you grow with us, you will unlock the ability to receive commission payouts bi-weekly. The experienced trader stage is a commission eligible paper trading account.

CHALLENGES

Unlock up to $200,000 in commission-eligible purchases

Details :

Minimum Trading Days

0

Profit target

10%

Max daily loss

4%

Max loss

8%

EA Trading

Allowed

News Trading

Allowed

Over The Weekend

Allowed

TESTIMONIALS

They talk about it better than we do!

John Doe

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Emilie Marta

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FAQ

Your Queries, Our Answers

For all your Waka funding Challenge/Evaluation accounts, you will receive leverage of 1:100. Real accounts are set at 1:30 as this is what an institutional trader would have access to.

With Eightcap, you will have a commission of $7 on currency pairs, per lot. If you trade partial lots, the commission will be proportional. Indices, commodities, and other instruments do not incur commissions but only market spread.

HFT does not work in real market conditions and is not permitted. As our pricing, execution, and liquidity flow comes from a real stream, this is not an option.

You can withdraw your profits from your client portal, ensuring you are profitable at the end of the trading cycle and all positions are closed. Withdrawals can be requested from the Profit Share menu.

After 30 days from receiving the funded account, you can request a withdrawal. We make it simple for you:

To make a request, please enter your dashboard and in the « Profit Share » section, you can request it.

You will need to register your payment information – this can be updated in the « Payment Details » menu of your dashboard.

You will then be asked to confirm that you have signed your contract and met the required conditions. The contract can be found in the « Contracts » menu. Confirm, and that’s it. Your withdrawal will be « Pending » until processed. To ensure your profits are « locked in », your account will be in « read-only » mode until finalized. All you have to do is wait.

When our risk management team approves a withdrawal, the finance team processes the payment and sends you a confirmation. Please note that if you have already used Deel, we kindly ask you to sign it again as part of the withdrawal process.

To ensure you do not risk your profits, your account remains in « read-only » mode until the withdrawal is processed.

The withdrawal button will be available from 30 days after you received the funded account or from the date a payment was processed. At the time you request the payment, you must have 10 days of trading (first withdrawal) or 5 days of trading (subsequent withdrawals).

Daily drawdown: Relative drawdown based on the balance/equity at the beginning of the day (platform time).

Currently, we allow news trading.

Yes, our program allows holding trades over the weekend and overnight.

This can be evaluated on a case-by-case basis. If your account is suspended, you will receive a member discount for future evaluations. If you break consistency rules, you will not lose your funded account – only specific transactions will be removed from profit/your account will be restarted.

Yes, all types of EAs are allowed on Waka Funding. Ensure you use your own EAs instead of copying others’ trades.

Yes, hedging is allowed; however, using multiple accounts to hedge entries against each other will be considered a rule violation. This includes hedging between clients. Hedging one’s own account to protect a position, for example, is completely allowed. It is not allowed to hedge two different accounts/individuals, taking opposite positions in each to circumvent the rules.

Yes, we work with rules based on consistency. These rules ensure we work with legitimate traders who apply consistent risk management and strategy to their accounts. As an institution, we need to apply this rule to filter out the most consistent traders and avoid individuals who are just gambling.

In the funded account, you must have 10 trading days (first withdrawal) or 5 trading days (subsequent withdrawals). If you request a payment without meeting this timeframe, it means it will be declined, and you can request it again in a few days.

Our consistency rule is only applied at the capitalization stage and is evaluated at the time of withdrawal:

1. 33% Consistency Rule: A single transaction should not represent more than 33% of the requested profit. This is to prevent traders from going all-in before news or gambling rather than applying sound risk management. It also helps us manage risks as a business and build a more sustainable long-term risk modeling.

2. Additionally, this measure is only applied at the funding stage. We essentially work with volume bands (also for risk management and consistency purposes). Let’s say if a trader trades with lot sizes of 2 and 4 lots on gold for the month, assuming an average size of 3 lots per trade and a day before payday (or another situation), he places a single trade with 10 lots, this would be canceled from the results as it represents more than 200% of the average volume for the period. The same applies if it’s lower by more than 75% from the average lot size. Example (values for illustrative purposes only):

Average lot size: 3 lots per trade

Upper limit: 6 lots per trade

Lower limit: 0.75 lots per trade

Average = total number of lots traded divided by total number of transactions Upper limit = average x 2 Lower limit = average x 0.25

All transactions within this range are perfectly acceptable. Note: Transactions are aggregated when placed within a 30-second window into a single position to ensure consistency of profits and volumes.

We designed the rules to strike a balance between offering a highly competitive challenge and ensuring that the prop remains sustainable and stays in the market long term. If you have transactions outside the consistency range, you will not lose your account – only those specific transactions will be removed, and the remaining amount will be processed to you.

Some people are not entirely in agreement with this, and others have even said that they have become better traders with these rules because it forces them to stick to their trading plan rather than making impulsive decisions.

You can make your withdrawal after making your payout in cryptocurrency or by bank transfer.

For all your Waka funding Challenge/Evaluation accounts, you will receive leverage of 1:100. Real accounts are set at 1:30 as this is what an institutional trader would have access to.

With Eightcap, you will have a commission of $7 on currency pairs, per lot. If you trade partial lots, the commission will be proportional. Indices, commodities, and other instruments do not incur commissions but only market spread.

HFT does not work in real market conditions and is not permitted. As our pricing, execution, and liquidity flow comes from a real stream, this is not an option.

You can withdraw your profits from your client portal, ensuring you are profitable at the end of the trading cycle and all positions are closed. Withdrawals can be requested from the Profit Share menu.

After 30 days from receiving the funded account, you can request a withdrawal. We make it simple for you:

To make a request, please enter your dashboard and in the « Profit Share » section, you can request it.

You will need to register your payment information – this can be updated in the « Payment Details » menu of your dashboard.

You will then be asked to confirm that you have signed your contract and met the required conditions. The contract can be found in the « Contracts » menu. Confirm, and that’s it. Your withdrawal will be « Pending » until processed. To ensure your profits are « locked in », your account will be in « read-only » mode until finalized. All you have to do is wait.

When our risk management team approves a withdrawal, the finance team processes the payment and sends you a confirmation. Please note that if you have already used Deel, we kindly ask you to sign it again as part of the withdrawal process.

To ensure you do not risk your profits, your account remains in « read-only » mode until the withdrawal is processed.

The withdrawal button will be available from 30 days after you received the funded account or from the date a payment was processed. At the time you request the payment, you must have 10 days of trading (first withdrawal) or 5 days of trading (subsequent withdrawals).

Daily drawdown: Relative drawdown based on the balance/equity at the beginning of the day (platform time).

Currently, we allow news trading.

Yes, our program allows holding trades over the weekend and overnight.

This can be evaluated on a case-by-case basis. If your account is suspended, you will receive a member discount for future evaluations. If you break consistency rules, you will not lose your funded account – only specific transactions will be removed from profit/your account will be restarted.

Yes, all types of EAs are allowed on Waka Funding. Ensure you use your own EAs instead of copying others’ trades.

Yes, hedging is allowed; however, using multiple accounts to hedge entries against each other will be considered a rule violation. This includes hedging between clients. Hedging one’s own account to protect a position, for example, is completely allowed. It is not allowed to hedge two different accounts/individuals, taking opposite positions in each to circumvent the rules.

Yes, we work with rules based on consistency. These rules ensure we work with legitimate traders who apply consistent risk management and strategy to their accounts. As an institution, we need to apply this rule to filter out the most consistent traders and avoid individuals who are just gambling.

In the funded account, you must have 10 trading days (first withdrawal) or 5 trading days (subsequent withdrawals). If you request a payment without meeting this timeframe, it means it will be declined, and you can request it again in a few days.

Our consistency rule is only applied at the capitalization stage and is evaluated at the time of withdrawal:

1. 33% Consistency Rule: A single transaction should not represent more than 33% of the requested profit. This is to prevent traders from going all-in before news or gambling rather than applying sound risk management. It also helps us manage risks as a business and build a more sustainable long-term risk modeling.

2. Additionally, this measure is only applied at the funding stage. We essentially work with volume bands (also for risk management and consistency purposes). Let’s say if a trader trades with lot sizes of 2 and 4 lots on gold for the month, assuming an average size of 3 lots per trade and a day before payday (or another situation), he places a single trade with 10 lots, this would be canceled from the results as it represents more than 200% of the average volume for the period. The same applies if it’s lower by more than 75% from the average lot size. Example (values for illustrative purposes only):

Average lot size: 3 lots per trade

Upper limit: 6 lots per trade

Lower limit: 0.75 lots per trade

Average = total number of lots traded divided by total number of transactions Upper limit = average x 2 Lower limit = average x 0.25

All transactions within this range are perfectly acceptable. Note: Transactions are aggregated when placed within a 30-second window into a single position to ensure consistency of profits and volumes.

We designed the rules to strike a balance between offering a highly competitive challenge and ensuring that the prop remains sustainable and stays in the market long term. If you have transactions outside the consistency range, you will not lose your account – only those specific transactions will be removed, and the remaining amount will be processed to you.

Some people are not entirely in agreement with this, and others have even said that they have become better traders with these rules because it forces them to stick to their trading plan rather than making impulsive decisions.

You can make your withdrawal after making your payout in cryptocurrency or by bank transfer.

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