BrightFunded at a glance
BrightFunded is a proprietary trading firm based in United Arab Emirates, in business since 2023.
- programmes, across 1 plan
- 1
- Cheapest plan
- $495
On the record
- Based in
- United Arab Emirates
- Founded
- 2023
- Chief executive
- Jelle Dijkstra
- Trades through
- Datafeed Provider
- Platforms
- cTrader
- Instrument types
- Cfd
- Website
- brightfunded.com
Pay for a plan with
- Apple Pay
- Credit/Debit Card
- Crypto
- Google Pay
- PayPal
Get paid by
- Bank Transfer
- Crypto
What BrightFunded sells
1 plan in 1 programme: 1 two-step evaluation.
2-step2-Step Challenge - 2-Steps - 100K2-step
The rules
- Payout schedule
- First 30 days, then 14 Days
On this programme
- News tradingNot allowed
- Copy tradingNot allowed
- Expert advisors (EAs)Allowed
- Weekend holdingAllowed
- Overnight holdingAllowed
- Stop lossNot required
Leverage by market
Leverage runs from 1:5 on Crypto to 1:100 on FX, depending on the programme.
| Market | 2-step |
|---|---|
| FX | 1:100 |
| Crypto | 1:5 |
| Metals | 1:40 |
| Other Commodities | 1:40 |
| Indices | 1:20 |
How BrightFunded pays
Payouts are made by Bank Transfer and Crypto.
- Payout methods
- 2
- Payout schedules stated
- 1
Paid out by
- Bank Transfer
- Crypto
Payout schedules, in the firm’s words
First 30 days, then 14 Days
2-Step Challenge - 2-Steps - 100K
Payout policy
Payout Frequency
\n1st payout in 30 days, subsequent payout in 14 days. 14 days & 7 days payout with add-ons
\n\nProfit Split
\n- \n
- 80%, 90% with add-on & 100% when scaled up. \n
- 15% profit share from Phase 1 & 2 \n
15% Evaluation profit Reward
\n- \n
- Reach at least 10% growth on your Funded Account(s). \n
- You may combine growth across multiple funded accounts (e.g., 5% on the first + 5% on the second = 10%). \n
- Receive your payout for that performance. \n
- You are issued a new Funded Account whose initial balance includes the 15% bonus calculated from your evaluation profits (Phase 1 + Phase 2). \n
Available Payout Methods
\n- \n
- Crypto (USDC – ERC-20 Network) \n
- Bank Transfer ( Euros (€)) \n
- No Minimum Payout amount \n
SCALING PLAN
\n- \n
- Evaluation Period: 4 consecutive months from the first trade. \n
- Profit Requirement: Must be profitable in at least 2 of the 4 months with a minimum total profit of 10%. \n
- Payout Requirement: Must have completed at least 2 successful payout transactions. \n
- Balance Condition: Account must be at breakeven or in profit at the time of scaling. \n
- Scaling Increase: Account balance increases by 30% of the original account size each time conditions are met. \n
- Unlimited Scaling: No upper balance limit accounts can be scaled indefinitely with consistent profitability. \n
- Bonus Benefit: From the 3rd scale-up onwards, traders receive a 100% profit reward split. \n
What you can trade
5 asset classes, traded as CFDs.
Asset classes
- FX
- Crypto
- Metals
- Other Commodities
- Indices
Instrument types
- CFDs
Trading costs
A commission is charged on every market; the per-lot figures are below.
- FX
- Crypto
- Metals
- Other Commodities
What BrightFunded lets you do
Across all 1 plan, as recorded programme by programme.
- News tradingNot allowed on any plan
- Copy tradingNot allowed on any plan
- Expert advisors (EAs)Allowed on every plan
- Weekend holdingAllowed on every plan
- Overnight holdingAllowed on every plan
- Stop lossNot required on any plan
Firm rules
GENERAL RULES
\nMinimum Trading Days
\n- \n
- Evaluation: 5 days in each phase | To count as a trading day, the trade must remain open for at least 1 minute. \n
- Funded: None \n
News Trading
\n- \n
- Evaluation Accounts: No Restriction \n
- Funded Accounts: No trading 5 min before/after high impact News, profits made during this 10 min window will be deducted (This is a soft breach) \n
- Profits from trades opened 48 Hours before high impact news and closed within the 10 minutes window won't be deducted. \n
See details: Can I trade news
\n\nCopy Trading
\nCopy trading is allowed only between accounts you personally own (BrightFunded, other prop firms, retail broker). copying trades between different owners’ accounts is strictly prohibited.
\n\nBrightFunded’s partnership with Prop Firm One enables you to extend your copy trading capabilities even further. PF1 allows traders to seamlessly copy trades across different proprietary firm accounts within a single platform, offering increased flexibility and a broader range of opportunities. This means that, in addition to BrightFunded’s internal copy trading feature, PF1 empowers users to manage trades across multiple firms, enhancing scalability and trading efficiency without breaching BrightFunded’s core rules. For more details on this enhanced functionality, visit PropFirmOne.com.
\n\nExpert Advisors (EAs)
\n- \n
- Allowed but must align with trading conditions and rules \n
While EAs are allowed, not all third-party EAs are compatible with brightFunded's platform environment. BrightFunded does not guarantee compatibility or performance of any external EA, and are not responsible for issues caused by non-compatible EAs
\n\n30 Days Inactivity Rule
\n- \n
- Must place at least one trade every 30 days or account will be deactivated, and if not reactivated via support within 6 months, it will be permanently closed. \n
To count, the trade must remain open for at least 1 minute.
\n\nOvernight | Weekend Holding/Trading Crypto
\n- \n
- Allowed \n
Prohibited trading strategies and practices
\nSee details: Which strategies are prohibited at brightfunded
\n- \n
- Hedging (between two or more different accounts, Between Different Prop Firms, Across Different Trading Platforms) \n
- Exploiting Service Errors or Platform Delays \n
- Using External or Delayed Data Feeds \n
- Coordinated or Multi-Account Manipulation \n
- Violating Platform or Provider Terms \n
- Use of Automated Software, AI, or High-Speed Trading Tools \n
- Risk-Abusive Trading; Overleveraging, Overexposure, One-Sided Bets, and Account Rolling \n
- Trading During High-Impact News or Events \n
- Abusive Strategy Types; Grid Trading, Arbitrage, Tick Scalping, High-Frequency Trading (HFT) \n
IPs/VPN/VPS Rule
\nVPNs and different IPs are allowed for travel, but only the account owner may trade (no account sharing).
\nWhere BrightFunded does not take traders
Residents of 6 countries cannot open an account with BrightFunded.
- Cuba
- Iran
- North Korea
- Pakistan
- Syria
- Vietnam
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