I purchased the $50k package and traded to achieve a 10% profit as required, fully meeting all the conditions. Throughout the process, I always traded using only a single account. However, when... See more
Company replied
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The problem is not fully resolved when the automatic sliding system fails. Their system is slow, and the way they solve it is by not managing risk when you have already managed it very well. When the... See more
Company replied
If you don't have enough capital to enter the market, WMT is the best choice. It offers many flexible and suitable options, and quick liquidity.
Company replied
First response: Everyone, please don’t invest in this fund. It’s a scam. Even after meeting the trading requirements, they don’t pay out and instead delete customers’ accounts. Second response: The... See more
Company replied
Company details
Written by the company
Best Funded Trader Copy Trading Platform 2024 Best Online Forex Education Provider 2024. WeMasterTrade is designed to support people who do not have big money to create a large day trading account, lack trading experience, and have limited trading tools and resources.
Contact info
Đường Điện Biên Phủ 720A, 72300, Ho Chi Minh, phường 19, Vietnam
- +842877775566
Breach of guidelines
Everyone
First response: Everyone, please don’t invest in this fund. It’s a scam. Even after meeting the trading requirements, they don’t pay out and instead delete customers’ accounts.
Second response: The fund does not allow me to continue commenting on the feedback below, so I am writing more here. Please don’t believe what the fund says—I have completed all of their targets, but they are making excuses to avoid paying me.
April 14, 2026
Unprompted review
Reply from WeMasterTrade - Viet Nam
Dear Long Hoàng,
Thank you for sharing your comment.
Following a detailed investigation by our Risk Department, the trading activity on MT5 account 1085679 was reviewed and found to be in violation of our Terms and Conditions, specifically regarding high-frequency rapid trading actions and manipulative trading behavior.
Our analysis identified an unusually high concentration of rapid short-term trades. Out of 3,950 total positions, approximately 36.51% were high-frequency trades, and 95.87% of your total realized profit was generated from these trades. In addition, a large number of rapid and repetitive orders were placed on XAUUSDx, which significantly exceeded our acceptable thresholds.
While WeMasterTrade does not prohibit scalping, strategies consisting predominantly of extremely high-frequency trading may trigger a compliance review under Section 3.6 – Arbitrage and Manipulative Practices of our Terms and Conditions, particularly when such activity affects execution quality and the integrity of the trading system.
Based on the findings of this review, the account was determined to be in breach of our trading policies. As a result:
• Withdrawal request W000131519 was declined
• MT5 account 1085679 has been terminated in accordance with our Terms and Conditions
For transparency, the relevant evidence and trading analysis have already been provided to you via email.
We remain committed to maintaining a fair and transparent trading environment for all traders who follow the platform’s rules and trading conditions.
WMT Team
The problem is not fully resolved when…
The problem is not fully resolved when the automatic sliding system fails. Their system is slow, and the way they solve it is by not managing risk when you have already managed it very well. When the market is volatile, it causes you to lose money.
November 14, 2025
Reply from WeMasterTrade - Viet Nam
Dear Minh Vũ,
Thank you for sharing your feedback.
After reviewing your case, our team found that the trade in question was executed during a period of high market volatility. Under such conditions, the system may fill orders at the next available bid/ask price in the market, which can sometimes differ from the expected price.
Based on our investigation, the execution occurred in line with the actual market conditions at that moment and was not related to any technical issue on the platform.
Please note that during volatile market movements, price fluctuations can happen very quickly, and this may result in executions at prices different from what traders initially anticipate.
We appreciate your understanding. If you would like us to review your case further, please feel free to contact our support team with your account details so we can assist you.
WMT
Warning About Trading on Wemastertrade: My Experience of Unfair Payment Refusal
I purchased the $50k package and traded to achieve a 10% profit as required, fully meeting all the conditions. Throughout the process, I always traded using only a single account.
However, when it came time to receive my profit, the firm gave vague reasons, accusing me of violating rules by using multiple accounts to bypass regulations. They then refused my payment, permanently banned my account, and stated that no appeal was allowed.
I sincerely advise you: you might get paid once or twice, but sooner or later, you could be blatantly robbed, so always be mentally prepared for that.
What I went through has been extremely frustrating and upsetting.
April 1, 2026
Unprompted review
Reply from WeMasterTrade - Viet Nam
Dear Huu Kha Hoang,
Thank you for sharing your feedback.
After a careful and comprehensive review of your trading activity, our investigation identified intentional coordinated trading behavior conducted with other related accounts. The pattern of activity indicated a planned structure designed to distribute exposure and cycle risk across multiple accounts, which attempts to bypass our internal risk controls and monitoring mechanisms.
Such conduct is strictly prohibited and constitutes a material breach of WeMasterTrade’s Terms and Conditions, including Section 10 – Termination of Contract, as it directly undermines the integrity of our risk management framework.
Due to the severity of these violations and the repeated nature of similar trading behavior identified throughout your trading history, we regret to inform you that continued cooperation is no longer possible.
For transparency, we would also like to note that during your time trading with WeMasterTrade, you previously received total payouts of $1,020.94.
As a result of the confirmed violations, the following actions have been taken:
Permanent ban of the associated customer profiles
Termination of all services and access under your WeCopyTrade and WeMasterTrade accounts
Closure of all trading accounts linked to these profiles
Consequently, all current withdrawal requests related to these accounts are considered invalid and cannot be processed.
Kind regards,
WMT Team
Unjustified payout denial 5.000$ without evidence
I had a successful payout previously, but my latest withdrawal was denied with accusations of “coordinated trading.”
However, no verifiable evidence was provided — only general statements without any specific accounts, trades, or technical data (IP, logs, etc.).
I trade independently, without copying, without groups, and without any external tools.
Despite multiple follow-ups, I only received repeated template responses and was told the decision is final, without any transparency.
I have fully documented my trading history and login data, and I am confident in my case.
I hope the company will review this case with proper transparency and provide clear, verifiable evidence to support its decision.
Update 24/3/2026
The company has responded, but the reply still contains only general statements such as “strong indications” and “pattern observed,” without providing any verifiable evidence.
No specific accounts, trades, or technical data (IP, device, logs) have been presented to support these allegations.
This does not resolve the core issue regarding transparency and evidence.
Update 2 27/3/2026
I tried to resolve this directly with the company, but they simply repeated that the decision is final and refused to provide any further explanation.
What I find concerning is that no clear evidence has ever been presented to support their claims. Everything remains vague and general.
At this point, I don’t see this as a transparent or fair process. I will continue to share updates if there are any changes.
Update 3: 31/3/2026
It has now 10 days with no meaningful progress. The response remains a “final decision” without any clear explanation or supporting evidence.
Repeating the same general answer does not clarify anything, and it raises serious concerns about transparency.
I will continue documenting this situation publicly.
Update 4: 11/05/2026
It's been almost two months since I received any response from WMT. I officially accuse WMT of being a fraudulent company. I have taken steps to raise awareness among other traders with evidence available on FPA, Reddit, LinkedIn, X, etc. If you happen to see a post with similar content here, it's mine. I've attached all the evidence there for your careful consideration.
March 24, 2026
Unprompted review
Reply from WeMasterTrade - Viet Nam
Dear Tu Tran,
Thank you for sharing your feedback.
We would like to clarify that your account had previously completed a successful payout under reference W000003483 in the amount of USD 5,012.32, which reflects that your trading activity was processed normally when it complied with our policies.
However, after a thorough and detailed review of your recent trading activity, our system and risk team identified strong indications of coordinated trading behavior across multiple related accounts. This activity appears to have been structured and executed in a way that distributes risk across accounts — a practice commonly referred to as risk cycling.
Such behavior is considered a serious violation of our Terms and Conditions, particularly Section 10 regarding contract termination, as it bypasses our internal risk management controls and undermines the fairness of the trading environment.
Additionally, our investigation determined that this was not an isolated incident, but part of a repeated pattern observed over time.
Due to the severity and repeated nature of these violations, we have taken the following actions:
+ Permanent suspension of all related customer profiles
+ Termination of access to all WeCopyTrade and WeMasterTrade services
+ Closure of all associated trading accounts
+ Cancellation of any pending withdrawal requests
Please understand that this decision was made after careful consideration by our risk and compliance team. To maintain fairness and protect all traders on the platform, this decision is final and not subject to appeal.
We understand this may not be the outcome you expected, and we appreciate your understanding.
WMT
This fund lacks credibility and trustworthiness. I strongly advise against participation and recommend boycotting this fund.
I have partnered with WemasterTrade to develop investment fund operations in the Vietnamese market under an affiliate model. To date, I have accrued USD 251.85 in commissions; however, WemasterTrade has failed to make any payout, citing a minimum withdrawal threshold of USD 350.
At present, WemasterTrade has ceased providing services in the Vietnamese market, which prevents me from acquiring new clients and generating additional affiliate commissions. As a result, the USD 251.85 already earned will never be withdrawable. This amount represents my legitimate effort in promoting and introducing WemasterTrade to clients.
If an affiliate partner responsible for business development is treated in this manner, one must question how traders themselves will be treated when engaging with WemasterTrade.
This fund lacks credibility and trustworthiness. I strongly advise against participation and recommend boycotting this fund.
March 3, 2026
Unprompted review
Reply from WeMasterTrade - Viet Nam
Dear Khoa,
We take all feedback seriously and would like to clarify several important points regarding your concerns about WemasterTrade.
1. Regarding the Vietnam market
The temporary suspension of services for residents in Vietnam was a carefully considered business and regulatory decision. It was not made lightly.
As an affiliate partner, you are not restricted to one specific market. You may still refer clients from other eligible countries in order to meet the minimum withdrawal threshold of USD 350 and withdraw your commission accordingly. The affiliate program remains active in supported regions.
2. Regarding your account details
At the moment, after conducting an internal review, we are unable to locate your account information based on the details provided in this review.
To properly investigate your case and provide a fair resolution, we kindly ask that you submit a detailed report via the following link: https://wemastertrade.com/report/
Once submitted, our senior management team will personally review your case and respond as quickly as possible.
3. Regarding multiple review profiles
We have noticed that similar reviews with identical content have been posted from multiple profiles that are currently unverified. This practice may violate Trustpilot’s content integrity guidelines.
To ensure transparency and allow us to properly investigate your case, we kindly ask that you delete the duplicate reviews and keep only one active review under a single verified profile. This will help us focus on resolving your concern efficiently and avoid unnecessary delays.
We remain open to reviewing your case objectively once sufficient details are provided through the official reporting channel.
WMT Team
If you don't have enough capital to…
If you don't have enough capital to enter the market, WMT is the best choice. It offers many flexible and suitable options, and quick liquidity.
February 6, 2026
Unprompted review
Reply from WeMasterTrade - Viet Nam
Thank you for your feedback!
We’re glad to hear that you find WMT a flexible and accessible option for traders who want to enter the market with structured capital. Providing practical solutions, multiple account choices, and efficient liquidity processes is a key part of what we aim to deliver.
We appreciate your trust and support, and we look forward to continuing to provide you with a reliable and professional trading environment.
WMT
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