YoPips Free $1,000 Prop Firm Challenge Account | Overview
YoPips Free $1,000 Prop Firm Challenge Account: Use Code WEL100 to Enter at Zero Cost
YoPips, a prop trading firm, is offering eligible new sign-ups a free $1,000 two-step MT5 challenge account with no entry fee using the promo code WEL100. Traders who complete the evaluation rules and pass verification qualify for a firm-backed funded account — with no personal capital at risk during the challenge.
Before Participating: This is a launch promotion and may be changed or withdrawn at any time. Confirm current availability on the official YoPips website before participating.
Offer at a Glance
| Promo Code | WEL100 |
| Challenge Account Size | $1,000 (firm-backed) |
| Entry Cost with Code | $0 |
| Challenge Type | 2-Step Evaluation |
| Platform | MetaTrader 5 (MT5) |
| Minimum Age | 18+ |
| KYC Required | Yes — one-time identity verification |
| App | iOS & Android |
How It Works
- Check the YoPips app (iOS or Android).
- Enter promo code WEL100 at sign-up.
- Complete KYC identity verification.
- Access your $1,000 MT5 challenge account and trade according to the defined rules.
- Pass both phases of the 2-step evaluation to qualify for a funded account and profit share.
Yo Pips Core Challenge Rules (From App)
| Phase Profit Target | 10% per phase ($100 on $1,000) |
| Daily Loss Limit | 5% ($50 on $1,000) |
| Max Loss Limit | 10% ($100 on $1,000) |
| Minimum Trading Days | 5 days per phase |
| Maximum Trading Days | Unlimited |
What Traders Should Know Before Participating
- The $1,000 is firm-backed challenge capital — not withdrawable funds. Only profits earned after passing the evaluation and completing verification are eligible for withdrawal via profit share.
- WEL100 is for new eligible sign-ups only. Duplicate, abusive, or ineligible accounts will be declined during the KYC review.
- Availability depends on region. The offer is subject to local regulations, age requirements, and YoPips account approval — not all regions are supported.
- This is a launch promotion — YoPips may modify or end it without notice. Sign up via the app to check current status.
- Mobile app download is recommended for KYC, MT5 challenge setup, code entry, and payout profile management.
Risk note: Prop firm challenges involve real trading rules and risk management requirements. While the challenge itself uses firm capital, live funded trading after passing involves real market conditions. There is no guarantee of passing the evaluation or receiving a payout. Always read the full terms on the official YoPips website before participating.
Source: Official Yopips site