Firm Intel & Review
BrightFunded Technical Infrastructure
BrightFunded, based in the United Arab Emirates and established in September 2023, is a CFD proprietary trading firm offering exclusively a 2-Step evaluation program priced in EUR. Account sizes range from €5,000 to €200,000 across six tiers. The firm holds a review score of 4.6 out of 5 based on 92 reviews. A coupon code (LOVE20) delivers 20% off all challenge purchases, and a structured scaling plan allows funded traders to grow account size indefinitely based on consistent performance.
Six account sizes are available in the 2-Step Challenge: €5,000 at €44.00 (original €55.00), €10,000 at €76.00 (original €95.00), €25,000 at €156.00 (original €195.00), €50,000 at €236.00 (original €295.00), €100,000 at €396.00 (original €495.00), and €200,000 at €780.00 (original €975.00). Phase 1 requires an 8% profit target and Phase 2 requires 5%, with a maximum total drawdown of 10% across all accounts. Payments are accepted via Apple Pay, Credit/Debit Card, Crypto, Google Pay, and PayPal.
Three platforms are supported: the BrightFunded Platform (DxTrade), cTrader, and MT5. Tradable instruments include Forex, Metals, Indices, Crypto, Other Commodities, and Global Stocks. Leverage is 1:100 for Forex, 1:40 for Metals, 1:20 for Indices, and 1:5 for Crypto. During evaluations, news trading carries no restriction. On funded accounts, trading is prohibited within 5 minutes before and after high-impact news events, and any profits earned during this 10-minute window are deducted as a soft breach. Positions opened 48 hours or more before a news release are exempt from this deduction if closed during the window.
The profit split is 80% on all funded accounts. The first payout is available after 30 days; subsequent payouts occur every 14 days. Add-ons are available to reduce payout frequency to 14 days and 7 days. There is no minimum payout amount. Payout methods are Bank Transfer and Crypto. The BrightFunded scaling plan triggers a 30% account size increase when a trader is profitable in at least 2 of 4 consecutive months, achieves a minimum total profit of 10%, completes at least 2 payouts, and holds the account at breakeven or in profit. From the third scale-up onward, the profit split increases to 100%.
BrightFunded prohibits hedging across accounts, prop firms, or platforms. Exploiting service errors or platform delays, using external or delayed data feeds, coordinated multi-account manipulation, and all forms of automated software, AI, and HFT are banned. Risk-abusive trading including overleveraging, overexposure, one-sided bets, and account rolling is prohibited. Grid trading, arbitrage, and tick scalping are banned under the abusive strategy category. Trading during high-impact news events on funded accounts constitutes a rule violation. Copy trading is permitted only between the trader’s own accounts across any firm or broker; copying between different traders’ accounts is strictly prohibited.