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Whats is a UWM funded account?
UWM Support Team avatar
Written by UWM Support Team
Updated over a week ago

A UWM Funded Account is any account in which a trader may be entitled to a remuneration payable as a percentage of the profit generated in their account based on the Profit Split associated with the account, subject to our Terms of Use and Customer Agreement.

UWM Funded Accounts are earned by our clients after successfully passing one of our evaluation programs and completing the KYC/AML screening required to receive a UWM Funded Account.

For the avoidance of any confusion, please keep in mind that a UWM Funded Account is a fully simulated account with real market quotes from liquidity providers. The trading data is sent off to a partnered proprietary trading firm where trades are copied at their own discretion using aggregated orders using proprietary risk management techniques.

Disclaimer: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity.

Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.

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