Reviewed by PropFirm201 Research Team·At a Glance
BrightFunded Homepage
Pricing & Challenge Types
Classic Challenge (2-Step)
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $55 | 8% | 5% | 5% | 10% |
| $10,000 | $95 | 8% | 5% | 5% | 10% |
| $25,000 | $199 | 8% | 5% | 5% | 10% |
| $50,000 | $299 | 8% | 5% | 5% | 10% |
| $100,000 | $499 | 8% | 5% | 5% | 10% |
| $200,000 | $975 | 8% | 5% | 5% | 10% |
Pros & Cons
Pros
- Over $7 million paid out to traders since launch
- Scaling plan with profit splits up to 100%
- Multiple platform options (DXtrade, MT5, cTrader)
- Trade2Earn loyalty program rewarding trading volume with BFT tokens
- No time limits on evaluation phases
Cons
- Relatively new firm founded in 2023
- Only 2-step evaluation available (no 1-step or instant funding)
- 5 minimum trading days requirement
- Weekend holding not permitted
- cTrader may incur additional platform license fees
Trading Rules
About BrightFunded
BrightFunded is a proprietary trading firm founded in 2023 and based in Dubai, UAE. The firm has paid out over $7 million to traders since its launch and offers funded accounts from $5,000 to $200,000 through a 2-step evaluation model. BrightFunded supports multiple trading platforms including DXtrade, MT5, and cTrader, giving traders flexibility in their preferred trading environment.
A unique feature of BrightFunded is its Trade2Earn program, which rewards traders with BrightFunded Tokens (BFTs) based on their trading volume, regardless of whether trades are winning or losing. This loyalty program applies to both evaluation and funded accounts, allowing traders to earn rewards from day one.
How It Works
BrightFunded uses a 2-step evaluation model:
Classic Challenge:
- Phase 1: Reach an 8% profit target while maintaining a 5% daily loss limit and 10% maximum drawdown. Minimum 5 trading days with no maximum time limit.
- Phase 2: Reach a 5% profit target with the same risk parameters. Minimum 5 trading days.
- Funded Account: Trade with an 80% profit split that can scale up to 100% through the scaling plan.
The scaling plan increases account balance by 30% after hitting profit and payout goals during each four-month evaluation period.
Pricing & Plans
| Account Size | Challenge Fee |
|---|---|
| $5,000 | EUR 55 |
| $10,000 | EUR 95 |
| $25,000 | EUR 199 |
| $50,000 | EUR 299 |
| $100,000 | EUR 499 |
| $200,000 | EUR 975 |
All fees are refundable upon successful completion of the challenge and first profit withdrawal.
Rules & Restrictions
- Maximum Daily Loss: 5% of the account balance.
- Maximum Overall Loss: 10% of the initial account balance.
- Minimum Trading Days: 5 days per phase.
- Maximum Trading Days: No time limit.
- News Trading: Allowed.
- Weekend Holding: Not allowed.
- Expert Advisors: Allowed.
- Scalping: Allowed.
- Hedging: Allowed.
- Copy Trading: Not allowed.
Payouts
- Frequency: Bi-weekly (every 14 days).
- Profit Split: 80%, scaling up to 90% and eventually 100% through the scaling plan.
- Methods: Bank transfer and cryptocurrency.
- Processing Time: 1-3 business days.
- Trade2Earn: Additional rewards through BFT tokens based on trading volume.
Is BrightFunded Legit?
BrightFunded has built a solid reputation in a short time:
- $7M+ paid out to traders since launch.
- 4.5/5 Trustpilot rating from approximately 500 reviews.
- Multiple platforms (DXtrade, MT5, cTrader) provide flexibility and transparency.
- Trade2Earn program adds unique value for active traders.
- Founded in 2023, so the firm is still building its long-term track record.
BrightFunded is well-regarded among newer prop firms and offers competitive features, though traders should be aware of the firm's relatively short operating history.
FAQ
What is BrightFunded?
BrightFunded is a Dubai-based proprietary trading firm founded in 2023 that offers funded accounts from $5,000 to $200,000 through a 2-step evaluation challenge, with profit splits scaling up to 100%.
How much does BrightFunded cost?
BrightFunded challenge fees range from EUR 55 for a $5,000 account to EUR 975 for a $200,000 account. All fees are refundable.
What is BrightFunded's profit split?
BrightFunded starts at an 80% profit split that scales up to 90% and eventually 100% through their scaling plan.
What is Trade2Earn?
Trade2Earn is BrightFunded's loyalty program that rewards traders with BFT tokens based on their trading volume, applicable to both evaluation and funded accounts.
Is BrightFunded available in the US?
Yes, BrightFunded accepts traders from the United States.