# Bull Waves vs WeMasterTrader

> WeMasterTrader is the cheaper route to a $100,000 funded account at $320 against $549 for Bull Waves — a difference of $229. Across 7 directly comparable measures, Bull Waves leads on 2 and WeMasterTrader on 4.

**Source:** https://propfirmpal.com/compare/bull-waves-vs-we-master-trader  
**Generated:** 2026-09-25  
**Publisher:** Prop Firm Pal — independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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## Side by side

| Measure | Bull Waves | WeMasterTrader |
| --- | --- | --- |
| Evaluation cost to a $100,000 account | $549 | $320 |
| Cheapest evaluation cost per $1,000 funded | $5.00 | $3.20 |
| Cheapest evaluation entry price | $59 | $45 |
| Evaluation types offered | 1-step, 2-step | 2-step, instant |
| Maximum advertised profit split | Not published | 90% |
| Phase 1 profit target | 8% | 6% |
| Account sizes sold | $5,000, $10,000, $25,000, $50,000, $100,000 +2 more | $10,000, $25,000, $50,000, $100,000 |
| Daily drawdown limit | 4% | 2% |
| Maximum drawdown limit | 8% | 4% |
| Maximum drawdown style | Trailing | Not published |
| Drawdown measured on | Not published | Not published |
| Payout frequency | Every 15 calendar days; the first payout becomes eligible 15 calendar days after the first trade | Withdrawal requests daily on instant packages; every 7 days from the last payout on the Challenge funded account |
| Payout methods | Bank wire, USDT-ERC20 | Bank transfer, Coinbase, PayPal, Wise +4 more |
| Payment methods accepted | Credit/debit card, Cryptocurrency | Mastercard, Visa, American Express, Google Pay +4 more |
| Trading platforms | MT5 | MT5, cTrader, WeMasterTrade web trading platform |
| Instruments | Not published | Not published |
| Maximum forex leverage | Not published | Not published |
| Community rating | No reviews yet | No reviews yet |
| Founded | Not published | Not published |
| Company location | Saint Vincent & the Grenadines (place of incorporation) | Canada |
| Prop Firm Pal verification | Sourced, not verified | Sourced, not verified |

## Frequently asked questions

### Is Bull Waves or WeMasterTrader cheaper?

WeMasterTrader is cheaper for an evaluation to a $100,000 funded account at $320, against $549 for Bull Waves. Entry prices differ too — Bull Waves starts at $59 and WeMasterTrader at $45 — but those are for different account sizes, so they are not a like-for-like comparison.

### What is the difference in drawdown rules between Bull Waves and WeMasterTrader?

Daily drawdown is 4% at Bull Waves and 2% at WeMasterTrader. Maximum drawdown is 8% and 4% respectively. Bull Waves uses a trailing maximum drawdown while WeMasterTrader uses a not published one — a trailing limit follows your peak balance and is materially harder to trade around than a static one fixed to your starting balance.

### What platforms do Bull Waves and WeMasterTrader support?

Bull Waves supports MT5. WeMasterTrader supports MT5, cTrader, WeMasterTrade web trading platform.

### Should I choose Bull Waves or WeMasterTrader?

On the 7 directly comparable measures on this page, Bull Waves leads on 2 and WeMasterTrader on 4, with 1 tied. Which of those measures matters depends on how you trade: cost matters most if you expect to need several attempts, drawdown style matters most if you hold positions overnight, and payout terms matter most once you are funded. Prop Firm Pal does not recommend one firm over another, and earns affiliate commission from some listed firms.

## Related pages

- [Bull Waves](https://propfirmpal.com/firms/unverified/bull-waves)
- [WeMasterTrader](https://propfirmpal.com/firms/unverified/we-master-trader)
- [Every prop firm comparison](https://propfirmpal.com/compare)