Terms & Condition

Updated April 2


Before enrolling in our SkillCheck Programs, all participants are urged to thoroughly review these Terms and Conditions. By accessing or signing up for our programs, participants agree to be bound by these terms. If you do not agree with, or fully comprehend, any part of these terms, please do not proceed with enrollment. Enrollment in our programs is a declaration of your understanding and acceptance of these terms, demonstrating your commitment to adhere to them.


Willis Capital is a proprietary trading platform focused on discovering and fostering outstanding trading talent. With a foundation built on transparency, integrity, and excellence, these terms and conditions govern participation in our proprietary trading program. This program is designed to rigorously assess individuals before offering the chance to manage real funds.,

These terms and conditions outline the terms of use for the Willis Capital website and its associated services, operated by Western Sahara Worldwide Services Limited (“WSWS”, “we”, “us” or “our”), located at Office 4, 2nd Floor, One Central, World Trade Center, Dubai, UAE. By using our website and services, users confirm their understanding and agreement to these terms, ensuring a legal bond with Western Sahara Worldwide Services Limited. This agreement is applicable to all users, clients, and entities that engage with Willis Capital, highlighting the contractual relationship established through electronic acceptance of these terms.


Participants aspiring to join Willis Capital must meet certain eligibility criteria, aimed not only at assessing trading experience but also at evaluating other essential qualifications Willis Capital deems necessary. All prospective traders are required to provide detailed personal information which may include, but is not limited to, name, email address, mailing address, phone number, date of birth, along with a username and password. It is imperative that all participants are at least 18 years of age, as verified by agreeing to the terms of the Agreement upon using the Website and Services. Account security and the responsibility for all associated activities fall squarely on the account holder. Willis Capital emphasises the importance of maintaining account integrity, with a strict no-tolerance policy towards false information that could lead to account termination. Immediate notification of any security breaches or unauthorised account activities is crucial. Willis Capital reserves the right to monitor, suspend, or delete accounts based on compliance with the Agreement to uphold its reputation and service quality. Registration, access to and use of Willis Capital's services are restricted to individuals above the age of 18, residing in jurisdictions where such services are permitted by law, thus ensuring adherence to all applicable laws.


By accessing the Program's website, you acknowledge and agree that all trademarks, including names, designs, logos, and any other marks, are the property of the Platform, owned directly or licensed by WSWS, and are protected as either common law or registered trademarks.


The Willis Capital team requires traders to demonstrate both their skills and commitment to effective risk management if they are to secure funding from the company. To effectively ascertain these, the management has devised a rigorous SkillCheck process designed to assess traders' ability to responsibly handle funds while also evaluating the potential profitability of their trading strategies for the company. The product offers three distinct programs: SkillCheck Standard, SkillCheck Expedited, and SwiftTrade, each designed to cater to different levels of trader proficiency and needs.

Fund Management Opportunity

Successful participants may be offered the opportunity to manage live funds provided by Willis Capital. Fund allocation is solely at the discretion of Willis Capital and is contingent upon successful completion of the SkillCheck program.

Live Account Activation

Upon successful completion of the SkillCheck program and fulfilment of all program requirements, participants will be eligible to activate their Live Funded Account and become Fund Managers. Activation will occur within seven (7) business days following their completion of the SkillCheck and subject to successful completion of the following:

  • KYC Verification: Your Know Your Customer (KYC) information will be thoroughly reviewed against regulatory compliance standards to ensure accuracy and completeness.
  • Discord Community Participation: Joining a Fund Managers Team on Discord is a mandatory prerequisite for activating your Live Funded Account.
  • Additional Information Verification: Any additional information you have provided may be further verified as needed to comply with regulations.

The seven (7) business day delay for Live Account activation is necessary to ensure the rigorous verification of your information and our adherence to all applicable regulatory requirements. This comprehensive review process protects both you and Willis Capital and ensures that we maintain a secure and compliant trading environment.

Purpose of Discord Participation

On our dedicated Discord server, we have created an exclusive channel for Fund Managers. The aim is to create a supportive and collaborative environment for our Live Fund Managers. Participation offers numerous benefits, including:

  • Accountability and peer support: Collaborate and learn alongside fellow Fund Managers, offering and receiving constructive feedback in a safe and encouraging space.
  • Direct access to leadership: Gain valuable insights and mentorship from Willis Capital leadership, including Dapo Willis (CEO) and Obinna Aso (COO), through dedicated channels.
  • Knowledge sharing and learning: Connect with experienced traders and access valuable resources to refine your trading approach and unlock your full potential.
Notification of Activation

Once the verification process is complete and your account is approved for activation, you will receive a notification via email with instructions and details regarding your Live Funded Account access.,

Kindly note that we reserve the right to request additional information or documentation if necessary to complete the verification process and comply with all applicable regulatory requirements. This may extend the activation timeframe beyond the standard seven business days..


The program does not offer trader education; rather, its purpose is to pinpoint individuals possessing trading talent. Live trading is directly facilitated by the Company upon passing the SkillCheck.

Risk Disclosure

Participants acknowledge and understand the inherent risks associated with trading financial instruments. Willis Capital is liable for losses incurred during the SkillCheck or live trading phases.


The Participants must adhere to the following program requirements, conditions, and restrictions listed below. Failure to do so shall result in a breach of the enrolled program:

5.1 Community Guidelines

Participants are expected to adhere to ethical and professional standards. Any form of market manipulation or fraudulent activity is strictly prohibited, and violators may face consequences, including termination of participation

Enrollment Fees

Participants are required to pay all fees according to the pricing and billing terms active when a payment is due. For transactions deemed high-risk, valid photo ID and possibly a recent bank statement may be requested. The company retains the right to modify product prices and refuse or limit orders. Changes to orders will be communicated using the contact information provided at order placement. Fees for all program enrollments are in U.S. dollars, with conversions for other currencies based on the payment processor's exchange rate. All service charges include taxes, but clients must handle their tax obligations as per applicable laws. Payments can be made via payment card, bank transfer, crypto, or other methods offered on the website, with specific conditions for each payment type. Clients are responsible for all fees charged by their payment service provider and must ensure full payment of the program fee. The Company reserves the right to deny participants the access to our services in the event of a partial payment.

Payment Conditions

Distributions of profit share to Willis Capital are subtracted from the account balance. Nonetheless, this action does not impact the profit target. Whenever the funded trader receives a payout, Willis Capital will simultaneously withdraw its corresponding Profit Share. Willis Capital will disburse the Profit Share as a refund, crediting the original payment card/crypto wallet used for the payment, unless an alternative method is agreed upon by Willis Capital.‎ The Profit share is the net of all trading costs, spreads, commissions, and overnight swaps.‎

Profit Sharing

Profit-sharing arrangements are outlined in individual agreements, specifying the percentage of profits participants are entitled to. The distribution of profits occurs according to an agreed-upon schedule.

Inconsistency Rule

The inconsistency rule at Willis Capital is essentially a requirement we have created to help us ensure that program participants are maintaining a well-defined trading strategy with consistent position sizing (lot size) across all trades. It doesn't dictate a specific strategy, but emphasizes applying a predefined plan to all your trading activities. Think of it as avoiding erratic behavior and instead following a set of established guidelines you've created for yourself.

Here are some examples of consistent and inconsistent position sizing under the Inconsistency Rule:


Trader A: Uses a lot size of 0.1 in Trade 1, 0.2 in Trade 2, and 0.3 in Trade 3. This shows a gradual increase in position size, potentially reflecting growing confidence in the strategy.


Trader B: Starts with a large 10 lot size in Trade 1, then significantly reduces to a small 0.3 lot size in Trade 2, and then jumps back to a high 20 lot size in Trade 3. This erratic fluctuation in position size indicates a lack of consistent strategy and potentially exposes the trader to unnecessary risk.

Trader C: Starts small with a 0.02 lot size in Trade 1, increases gradually to 0.5 in Trade 2, then makes a significant jump to 20 in Trade 3, before inexplicably going back down to 0.1 in Trade 4. This inconsistent pattern suggests a lack of clear risk management and potentially emotional trading decisions.

By enforcing the Inconsistency Rule, we not only encourage responsible trading practices but also safeguard our real capital entrusted to our Fund Managers. Our aim with this rule is simple: weed out potential gamblers who might engage in high-risk, volatile strategies while creating a fair environment that increases the likelihood of success for those who demonstrate true professional trading discipline.

Minimum Trading Days
This is a policy that requires traders to place active trades for at least 5 trading days (even if the profit target is reached earlier) to ensure consistent participation within each program phase. Kindly note that there's no time pressure to reach your profit target – you can take as long as needed (even 100 days!). However, if you achieve your target earlier, you'll still need to open and close trades till your trading period completes a minimum of 5 business days if you must scale the phase. Here are three different scenarios to help make this clear: Here's how it works:
  • Target Hit in 1 Day: Congratulations! You've achieved your goal quickly, but to complete the phase, you'll need to open and close trades for an additional 4 trading days.
  • Target Hit in 4 Days: Nice! You've reached your target within the phase. However, you'll still need to open and close trades for 1 more trading day to fulfill the minimum requirement.
  • Target Hit in 100 Days (or any time): If it takes you more than 5 trading days to reach your profit target, then you do not need to open/close any trade anymore. You can simply request for an upgrade to the next phase. We believe in consistent trading practices. This rule helps us assess traders' ability to manage trades over a longer period, not just short bursts.
Prohibited Trading Practices
Participants are strictly prohibited from using our Services for any activities that breach laws, statutes, ordinances, regulations, or treaties at any level—local, state, provincial, national, or international. These include, but are not limited to:
  • Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker
  • Wash trading: Placing opposing orders to create a false impression of trading activity.
  • Spoofing: Entering and canceling orders without the intention of execution to manipulate order book depth.
  • High-Frequency Trading (HFT): Employing automated trading strategies that exploit fleeting market inefficiencies at extreme speeds, placing an unfair advantage over other participants.
  • Hedging: Holding opposing positions (long and short) on the same asset within a short timeframe, can disrupt market equilibrium and potentially create an unfair advantage for certain traders.
    • Market Abuse: Any action that intentionally or recklessly disadvantages other traders, including:
    • Front-running: Taking advantage of non-public information to place trades before it becomes widely known.Insider trading: Utilizing confidential information not available to the general public to profit from trades.
    • Gambling Practices: Treating trading as a game of chance or relying on luck rather than fundamental analysis or technical strategies. This includes:
    • Excessive risk-taking not aligned with your risk tolerance or account size.Making impulsive or emotionally driven trades without a clear plan or justification.Chasing unrealistic returns or attempting to "get rich quick" schemes.
  • Utilising non-public and/or insider information
  • Front-running trades placed elsewhere
  • Trading in a manner that jeopardises Willis Capital's relationship with a broker or may lead to the cancellation of trades.
  • Engaging in trading practices that may create regulatory issues for our liquidity partner (the Broker).
  • Employing any third-party strategy, off-the-shelf strategy, or one marketed for challenge accounts.
  • Using one strategy to pass an assessment and subsequently employing a different strategy in a funded account, as determined by the Company at our discretion.
  • Entering into an Equity CFD at or near the end of the trading day with the intent of profiting from the market gap between the close and reopening on the subsequent trading day, as determined by the Company in its sole and absolute discretion.
  • Attempting to arbitrage a challenge account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion.
Responsible Fund Managers

All traders, upon reaching the Live Funded stage, agree to use the Funded Account in a responsible and professional manner, consistent with sound risk management principles.

This includes, but is not limited to:

  • Adhering to your risk tolerance:  Utilising a leverage level and position sizes that are appropriate for your individual financial situation and risk profile.
  • Employing stop-loss orders: Implementing appropriate stop-loss orders to limit potential losses on each trade.
  • Maintaining emotional control: Avoiding trading decisions driven by emotions such as fear, greed, or revenge.
  • Adherence to legal and regulatory requirements: Complying with all applicable laws and regulations related to trading activities and market manipulation.
  • Maintaining accurate account information: Providing and maintaining accurate and up-to-date information in your account profile.
Breach of Responsible Trading Practices

We reserve the right to take any necessary action, including but not limited to:

  • Restriction of trading activity: Limiting your access to certain features, such as leverage or trading volume, to mitigate potential risks.
  • Account suspension: Temporarily suspending your account and access to the Funded Account.
  • Account termination: Terminating your account and revoking access to the Funded Account and any remaining capital.
  • Termination of Fund Management contract: Terminating your Fund Management contract and removing you from the community.

We will notify you in writing of any action taken due to a breach of responsible trading practices, outlining the specific reasons and applicable consequences.

Importance of Responsible Trading

We emphasise the importance of responsible trading practices to ensure the sustainability of our platform and the continued success of our community of traders. We encourage you to utilise the educational resources we offer and reach out to our support team for any questions or assistance you may require.

SkillBoost Opportunities Giveaway Initiative

As part of our constant commitment to learning, collaboration, and shared achievement, we have the SkillBoost Opportunities Giveaway initiative, a chance where individuals can gain privileged access to our SkillCheck program, with options for discounted or fully covered participation.

In appreciation of this opportunity, SkillBoost recipients, upon reaching profitability and initiating their first withdrawal will be required to participate in our "Collective Prosperity" initiative. Through this reciprocal growth program, the initial SkillBoost cost is deducted from their earnings, contributing to future opportunities for fellow traders.

Scenario 1

Trader A gets a 10% discount on the enrollment fees for a $10,000 SkillCheck Standard account.

Actual Cost - $99

Discount - $9.9

Enrollment Fee - $90

Upon withdrawal, the trader will have $9 deducted from the profits to be paid out to the trader.

Scenario 2

Trader B gets a completely free enrollment for a $10,000 SkillCheck Standard account.

Actual Cost - $99

Discount - $99

Enrollment Fee - $0

Upon withdrawal, the trader will have $99 deducted from whatever the profits to be paid out to the trader.

It is important to note that this initiative is not open to everyone but exclusively for individuals passionate about trading, driven to excel, and ready to contribute to the thriving spirit of our trading community.

Users are advised to stay tuned for announcements across our official channels to learn how they can take advantage of these SkillBoost Giveaway Opportunities.

Know Your Customer (KYC)

Willis Capital will require participants to comply with our Know Your Customers (KYC) procedures as this provides us with necessary documentation and information. Such as;

  • Proof of Identity: a valid ID, Passport, or Driving Licence.
  • Proof of Address: A Recent Utility Bill, Bank Statement dated no older than three months.
  • A Selfie holding the ID Card. Failure to comply may result in suspension or termination of your participation on the platform.

Interview Video Request: Willis Capital retains the right to seek an interview session at any point during the program term, involving a designated risk manager from Willis Capital. The objective of this interview is to verify the authenticity of the client's strategy and conduct in alignment with the stipulated terms and conditions.

Upon receiving a request, the client commits to being accessible for an interview with the Program’s risk manager. The client is expected to furnish all required information and cooperate fully throughout the interview process.


Email communication stands as the primary and official channel for correspondence between the trader and Willis Capital. Willis Capital will consistently utilise this method in real-time to convey all communication, guidance, and feedback to its team of traders. Traders are obligated to furnish a valid and functional email address, which they routinely check. In some instances, members of the Willis Capital team might also reach out to participants via phone calls. Regular monitoring is essential to facilitate real-time communication and feedback from the Fund. .


Willis Capital reserves the right to terminate participation for any reason including but not limited to violation of the terms, achieving maximum drawdown on the platform, or violation of the risk management guidelines or unethical conduct. In the event of termination, participants are no longer entitled to access live funds and any profit sharing agreement will cease.

Termination Notice

Willis Capital will forward an Official Notice of Termination to the email address of the Trader, and the trader can request a copy of the trading statement at any time. Willis Capital will deactivate the trading permission in the Funded Account, resulting in the Fund Manager losing access to the account. The FundManager has the option to re-enroll in the SkillCheck Program, irrespective of prior terminations, provided they adhere to the terms and conditions outlined in the most recent application of this Agreement. However, Willis Capital reserves the discretion to reject a re-enrollment at its own discretion.


All participants consent to indemnify and hold harmless Willis Capital, its officers, directors, employees, and affiliates from any claims, damages, losses, liabilities, costs, or expenses arising out of or related to their participation in the program, including but not limited to any breach of these terms and conditions.


In the event of any legal proceedings arising from or related to the terms and conditions, participants agree to submit to the jurisdiction of the courts in Nigeria. Both parties waive any objection to the laying of venue based on the grounds of forum non-conveniens or otherwise.

Force Majeure

The Company shall not be liable to Trader for any claims, losses, damages, costs or expenses, including attorneys’ fees, caused, directly or indirectly, by any events, actions or omissions, including, without limitation, claims, losses, damages, costs or expenses, including attorneys’ fees, resulting from civil unrest, war, insurrection, international intervention, governmental action (including, without limitation, exchange controls, forfeitures, nationalisations, devaluations), natural disasters, acts of God, market conditions, inability to communicate with any relevant person or any delay, disruption, failure or malfunction of any transmission or communication system or computer facility, whether belonging to the Company, Trader, or third-party service provider.


The representations, warranties, duties, and covenants made by you under this Agreement will survive the termination of this Agreement or the Services, including, but not limited to your duty to indemnify and defend the Company.


In a situation where any term or condition of this Agreement is deemed invalid or unenforceable by the court of competent jurisdiction, the remaining terms and conditions of this Agreement will remain in full force and effect.

Errors and Omissions

In accordance with the terms of this agreement, neither party involved shall suffer any prejudice due to unintentional errors or omissions, provided that such errors and omissions are promptly rectified upon discovery. Upon identifying any inadvertent errors or omissions, both parties will make necessary adjustments as soon as reasonably possible. The aim is to restore both parties to the fullest extent and return them to the position they would have occupied had no such inadvertent error or omission taken place.

Defamatory Content

Willis Capital reserves the right to modify or update these terms and conditions at any time. You will be notified of changes, and continued participation implies acceptance of the modified terms. It is your responsibility to regularly review the terms for any updates or changes.

  • ⁠Posting or promoting false or damaging information about our company, products, or services;
  • ⁠Making derogatory or offensive statements about our company, employees, or affiliates;
  • ⁠Engaging in any behavior that could be considered harassment, bullying, or intimidation.
  • If a Trader is found to have violated this policy, their contract will be terminated immediately, and all profits will be forfeited. The enrollment fee will only be refunded if the Trader has not breached their account terms. We reserve the right to take legal action against any Trader who violates this policy.

    Changes to Terms of Service

    Willis Capital reserves the right to modify or update these terms and conditions at any time. You will be notified of changes, and continued participation implies acceptance of the modified terms. It is your responsibility to regularly review the terms for any updates or changes.