BrightFunded

BrightFunded

CEOJelle Dijkstra
CountryAE
Trust Pilot4.5
Date CreatedSep 2023
Years in Operation2

Reviews

Total Reviews
4.579 total reviews
5
61
4
11
3
1
2
1
1
5
30% OFF
30% off + free account of the same size if reaching payout on all challenges
BrightFunded

BrightFunded

4.5
79

Firm Overview

Trading Platforms
BrightFunded Platform (DxTrade)BrightFunded Platform (DxTrade)
cTradercTrader
MT5MT5
Brokers
Datafeed ProviderDatafeed Provider
Payment Methods
Credit/Debit CardCredit/Debit Card
CryptoCrypto
PayPalPayPal
Apple PayApple Pay
Google PayGoogle Pay
Payout Methods
CryptoCrypto
Bank Transfer

Instruments and Assets

Type of Instruments:Features
Assets :n/a

Firm Rules

GENERAL RULES

Minimum Trading Days

  • Evaluation: 5 days in each phase
  • Funded: None

News Trading

  • Evaluation Accounts: No Restriction
  • 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 (account not lost)).

See details: https://help.brightfunded.com/en/articles/9241694-can-i-trade-news

Copy Trading

  • Copy trading is allowed only between accounts you personally own (BrightFunded, other prop firms, retail broker). copying trades between different owners’ accounts is strictly prohibited.

  • BrightFunded’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.

Expert Advisors (EAs)

  • Allowed but must align with trading conditions and rules

30 Days Inactivity Rule

  • 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.

Prohibited trading strategies and practices

  • Hedging, Exploiting Service Errors or Platform Delays, Using External or Delayed Data Feeds, Coordinated or Multi-Account Manipulation, Violating Platform or Provider Terms, Use of Automated Software, AI, or High-Speed Trading Tools, Risk-Abusive Trading; Overleveraging, Overexposure, One-Sided Bets, and Account Rolling, Abusive Strategy Types; Grid Trading, Arbitrage, Tick Scalping, High-Frequency Trading (HFT).

See details: https://help.brightfunded.com/en/articles/9241704-which-strategies-are-prohibited-at-brightfunded

IPs/VPN/VPS Rule

  • VPNs and different IPs are allowed for travel, but only the account owner may trade (no account sharing).

Payout Policy

  • Payout Frequency: 1st payout in 30 days, subsequent payout in 14 days. 14 days & 7 days payout with add-ons
  • Profit Split: 80%, 90% with add-on & 100% when scaled up.

Available Payout Methods

  • Crypto (USDC – ERC-20 Network)
  • Bank Transfer ( Euros (€))
  • No Minimum Payout amount

SCALING PLAN

  • Evaluation Period: 4 consecutive months from the first trade. Profit Requirement: Must be profitable in at least 2 of the 4 months with a minimum total profit of 10%.
  • Payout Requirement: Must have completed at least 2 successful payout transactions.
  • Balance Condition: Account must be at breakeven or in profit at the time of scaling.
  • Scaling Increase: Account balance increases by 30% of the original account size each time conditions are met.
  • Unlimited Scaling: No upper balance limit accounts can be scaled indefinitely with consistent profitability.
  • Bonus Benefit: From the 3rd scale-up onwards, traders receive a 100% profit reward split.

Restricted Countries

CubaCuba
IranIran
North KoreaNorth Korea
SyriaSyria
VietnamVietnam