Willis Capital Prop Firm Review: Programs, Rules, And Payouts

This Willis Capital Prop Firm Review outlines how the proprietary trading business funds traders, what rules govern each prop firm account, and how payouts and scaling work across its programs.

Willis Capital presents itself as a proprietary trading firm that allocates live capital to capable traders. The value proposition is direct: trade a wide range of instruments, including forex and indices, using the firm’s funds, keep 70% of the net profit, and potentially manage up to $500,000 in live capital. They advertise raw pricing, zero swap charges, no countdowns on targets, and responsive customer support. Operations are managed by Western Sahara Worldwide Services (Wsws), and the firm runs multiple pathways tailored to different skill levels. The firm’s public-facing materials do not clearly identify a chief executive officer.

These are the principal elements the company emphasizes:

• Live Funding and Profit Split.After passing evaluation and receiving capital, traders are eligible to withdraw 70% of profits.
• Capital Caps and Scaling.The firm-wide cap is $10,000,000 for consistently profitable traders. The “SkillCheck” evaluation can start at up to $50,000. Once funded, allocations can rise toward $250,000, with a scaling plan that can extend to $500,000 for qualified performance. The maximum live allocation promoted for an individual trader is up to $500,000, subject to qualification.
• No Time Limit.There is no fixed deadline to reach profit objectives during the evaluation process.
• Spreads and Swap Fees.They promote 100% raw spreads with no swap fees on funded and evaluation accounts.
• Drawdowns and Risk Controls.Risk parameters vary by track. Some accounts carry a 5% daily drawdown, while others do not. Maximum drawdown bands of 5% or 10% apply depending on the specific program and phase.
• Leverage.The published leverage is 1:100.
• Profit Targets, Phases, and Program Types.The firm offers a Standard two-phase evaluation, an Expedited one-phase alternative, and a SwiftTrade option listed among its programs.
• Stimulus Addon.A “Stimulus Advantage” feature is marketed to help offset or manage drawdown events.
• Enrollment Fee and Fee Structure.An enrollment fee is refundable after completing SkillCheck and obtaining funding. The performance payout follows a 70/30 model, with the first withdrawal monthly and subsequent withdrawals bi-weekly. The firm’s public materials do not clearly state a minimum withdrawal amount or typical payout processing time. An administrative fee equal to 30% of the enrollment fee per month may be charged under stated criteria, and no alternate profit-split tiers are clearly detailed in the public overview.
• Support, Education, and Community.Willis University offers courses, webinars, and resources. A Discord community of more than 13,000 members is highlighted. Physical and virtual trading floors are referenced to reinforce a community-driven environment.

The firm lists three primary tracks traders can choose from:

• SkillCheck (Standard).A two-step assessment generally positioned for traders who prefer a more traditional, phased evaluation. It uses program-defined minimum trading days, risk limits, and profit objectives, and it is typically the baseline pathway referenced when the firm describes evaluation-to-funding progression.
• SkillCheck (Expedited).A one-step variant intended to reduce the number of evaluation phases. It is positioned for traders who want a shorter approval route while still operating under defined risk management rules, with specific limits and targets set by the selected account size and terms.
• SwiftTrade.A separate pathway with its own parameters that appears in the firm’s catalog of programs. It is presented as an alternative track with different conditions than SkillCheck, and traders should compare its drawdown framework, targets, and payout conditions against the evaluation routes before enrolling.

Specific rules differ based on whether you are in evaluation, trading a funded account, or requesting scale-ups. The firm’s public overview does not clearly list which trading platform or platforms are supported, so traders typically need to confirm the platform before paying an enrollment fee.

The site highlights benefits but also outlines nontrivial conditions. The public overview also does not provide a definitive country-by-country eligibility list or a clear list of restricted jurisdictions, so traders may need to confirm availability during signup or with support.

• Drawdowns.Depending on the track and phase, strict limits apply, such as a 5% daily threshold or a 10% maximum loss cap. Breaches can void progress or end eligibility.
• Fees.An upfront enrollment fee is required, refundable only under defined circumstances. Administrative charges linked to that fee can accrue monthly if criteria are not met. Pricing for a $100,000 account is not presented as a single fixed public figure in the general program overview and is typically shown during checkout, where it may vary by terms or promotions.
• Refund Policies.The enrollment fee is returned only after completing SkillCheck and receiving funding.
• Restricted Strategies and Trade Behaviors.The firm’s public materials do not present a single comprehensive prohibited-strategy list. Strategies and behaviors that are commonly restricted or closely monitored in prop firm terms (and therefore worth confirming before trading) include news-event trading around high-impact releases, copy trading, trade mirroring across multiple accounts, automated trading via expert advisors, latency arbitrage, account sharing, grid-style averaging, martingale-style position sizing, and ultra-high-frequency scalping.
• Risk Disclosure and Terms.The firm underscores that all trading involves significant risk, information may be incomplete, and traders are solely responsible for outcomes.

Below is a condensed comparison of how major rules differ by track:

• High Payout Ratio.A 70% profit split is competitive among prop firm offerings, but some competing firms advertise higher splits (such as 80% or up to 90% on certain plans), meaning Willis Capital’s stated split is not the highest in the market.
• No Time Pressure.Open-ended evaluation reduces the need to rush trades.
• Room to Scale.The path from $50,000 during evaluation to as high as $500,000 rewards consistent results.
• Cost Transparency.Raw spreads and no swaps, plus clear drawdown rules, help with risk management and cost control.
• Education and Community.Willis University, Discord, and trading floor options support learning and mentorship.

• Fee Burden.Enrollment and administrative fees can erode returns for traders near breakeven.
• Tight Risk Limits.Daily and maximum drawdowns of 5–10% leave little room for error.
• Ambiguous Conditions.Some requirements for refunds or fee waivers are referenced as “specific criteria” without exhaustive detail.
• Conditional Scaling.Larger allocations are not guaranteed and depend entirely on sustained profitability.

The firm provides risk disclosures and terms stating the material is analytical, not financial or tax advice. They reiterate that trading involves risk, platform information may be imperfect, and traders are accountable for decisions. Enrollment fees help cover operational costs. In terms of reputation, public-facing signals (such as the size of its community and its own performance claims) do not substitute for consistent, independently verifiable third-party ratings; as a result, its standing is best assessed by reviewing a range of trader feedback and the firm’s disclosed terms rather than relying on marketing claims alone.

In prop trading, trust is built less on bold payout claims and more on clear rules, consistent enforcement, and predictable withdrawals under real-world conditions.

Who is most likely to benefit from these programs?

• Experienced traders who can manage strict drawdown and risk parameters.
• Participants willing to pay an enrollment fee and aim to earn it back.
• Consistent performers seeking scaling and fee refunds.
• Individuals valuing community support, education, and mentorship.

Important details the public materials do not fully clarify include:

• Conditions for administrative fee waivers and definition of “specific criteria.”
• Operational specifics of payout scheduling (minimums, processing timelines).
• Performance data substantiating payout and funded trader claims.
• Remedies and consequences for rule violations.
• Differences in leverage and risk settings across instruments.

Willis Capital positions its model as attractive for disciplined traders: a strong profit split, no evaluation time limit, structured scaling to $500,000, and education plus community. At the same time, strict loss limits and layered fees require careful planning. With clear rules, capped firm funding, and a focus on transparency, the offer suits traders who can manage risk and deliver consistency. Those seeking looser parameters or uncertain about meeting drawdown rules may find the requirements challenging.