Wencrypto is a cryptocurrency proprietary trading firm offering Single Pass, Double Pass, and Instant Funding programs. Traders can access up to $300,000 in simulated capital across the top 100 cryptocurrencies on a custom-built web and mobile trading terminal.
Wencrypto is a prop trading firm established in 2024, headquartered in Dubai, and registered in LC. The firm specializes in crypto asset trading, offering funding up to $300,000. Traders operate on Wencrypto’s proprietary Terminal platform, available as a custom web and mobile application. Wencrypto provides three challenge types: Single Pass, Double Pass, and Instant Funding. Profit targets are 9% for Single Pass, and 10% (Phase 1) and 6% (Phase 2) for Double Pass. Minimum trading days are set at 3. Drawdown limits vary by challenge, with a maximum daily drawdown between 3-5% and a maximum total drawdown between 5-8%. The firm allows news trading and weekend holding. Leverage is 5:1 for BTC/ETH and 2:1 for altcoins. Trading commissions include a 0.04% trading fee and a 0.033% daily swap fee. Wencrypto advertises tight spreads with visible order book depth. A consistency rule requires a minimum of 3 winning days, each exceeding 1% gain. Automated trading (EAs/bots) and copy trading are not permitted. Wencrypto operates without an external broker. Successful traders receive an 80% profit split, with bi-weekly payouts. A full refund of the challenge fee is offered after three successful withdrawals. Payment methods include Credit Card and Crypto (USDC on Polygon). Afghanistan is a restricted country. Jon Alex is listed as the CEO/Founder. As of its founding year, Wencrypto has no reviews on Trustpilot.
Pros
- High profit split of 80% for traders.
- Offers diverse challenge types including Instant Funding.
- Allows news trading, providing more trading opportunities.
- Proprietary web and mobile trading platform for convenience.
Cons
- No Trustpilot reviews, raising concerns about reputation.
- Relatively low maximum funding compared to some competitors.
- Prohibits the use of Expert Advisors (EAs).
| Asset Class | Leverage |
|---|---|
| BTC/ETH | 5:1 |
| Altcoins | 2:1 |
| Asset Class | Commission |
|---|---|
| trading_fee | 0.04% |
| daily_swap_fee | 0.033% |
Risk Management
Trading Permissions
Standard · 2-Step
| Account Size | Steps | Profit Target | Daily Loss | Max Loss | Max Loss Type | Profit Split | Cost per 1K | Price | |
|---|---|---|---|---|---|---|---|---|---|
| $5,000 | 2 Steps | 10% / 6% | 5% | 8% | — | 80% | 76.60/K | $383.00 | Buy |
| $10,000 | 2 Steps | 10% / 6% | 5% | 8% | — | 80% | 7.90/K | $79.00 | Buy |
| $20,000 | 2 Steps | 10% / 6% | 5% | 8% | — | 80% | 7.80/K | $156.00 | Buy |
| $50,000 | 2 Steps | 10% / 6% | 5% | 8% | — | 80% | 7.66/K | $383.00 | Buy |
| $100,000 | 2 Steps | 10% / 6% | 5% | 8% | — | 80% | 7.59/K | $759.00 | Buy |
Standard · 1-Step
Withdrawal Methods
This list may not be exhaustive. Always verify on the firm's official website.
Wencrypto FAQ
Find answers to the most common questions about Wencrypto, including pricing, rules, payouts, and more.
Q1.How much does a Wencrypto challenge cost?
Wencrypto offers 10 challenge options. Prices range from $79.00 for a $10,000 account to $949.00 for a $100,000 account.
Q2.What is the profit split at Wencrypto?
Wencrypto offers a profit split of 80%.
Q3.What trading platforms does Wencrypto support?
Wencrypto supports Terminal (custom web and mobile app).
Q4.What instruments can I trade with Wencrypto?
Tradable instruments include Crypto.
Q5.How often can I withdraw profits from Wencrypto?
Payouts are processed bi-weekly. The minimum withdrawal is $$20. Withdrawal methods: Crypto (USDC on Polygon).
Q6.Does Wencrypto allow Expert Advisors (EAs) and bots?
EAs and bots: No.
Q7.Does Wencrypto have a consistency rule?
Minimum 3 winning days (>1% gain each)
Q8.Which countries are restricted from using Wencrypto?
Restricted countries include: Afghanistan. This list may not be exhaustive — verify on the firm's official website.
Q9.What leverage does Wencrypto offer?
Leverage by asset class: BTC/ETH 5:1, Altcoins 2:1.
Q10.What is Wencrypto's refund policy?
Full refund after 3 successful withdrawals
