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BrightFunded Review

By Hiron Pegu
2 Step DxTrade, MT, cTrader 🌍 UAE 🤖 EA Friendly 📰 News OK
🚀 Check Official Website

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4.7/10
PropFlagger Score
Average
TP
2.5
Safety
3.8
Editorial
0.8
2.4/10
Risk Score
Medium Risk
Full report →
🏛 Founded 2023 3yr
🌍 HQ UAE
🖥 Platform DxTrade, MT, cTrader
💰 Max Account $200,000

📋 Quick Overview

BrightFunded is a proprietary trading firm based in the United Arab Emirates, established in September 2023. They specialize in a 2-step evaluation process and are known for their strong focus on both CFD and Crypto trading.

🎯 Program Risk Profiles

Filter by Size:
Account Size
$55
Challenge Fee
Profit Split 80%
Payout Bi-Weekly
Drawdown Type Static (EOD)
Phase Type 2-Phase Eval
Phase 1
Profit Target 8%
Max Drawdown 10%
Daily Drawdown 5%
Min Trading Days 5
Max Days Unlimited
Leverage 1:100
→
Phase 2
Profit Target 5%
Max Drawdown 10%
Daily Drawdown 5%
Min Trading Days 5
Max Days Unlimited
Leverage 1:100
→
🏆 Funded
Bi-Weekly 80%
Max Loss 10%
Daily Loss 5%
Consistency None ✅
Leverage 1:100
News Trading ✅ Yes
Weekend Holding ✅ Yes
EAs / Bots ✅ Yes
Scaling Plan ✅ Yes

🎯 2 Step

Risk scored vs FTMO · FundingPips · The5ers

2/10Medium Risk
📉 Drawdown Rules
Drawdown TypeStatic (EOD)✅ Static EOD
Max Drawdown10%✅ 8–10%
Benchmark: 10%
Daily Drawdown5%✅ 5%+
Benchmark: 5%
Eval ConsistencyNone✅ No rule
Profit Target8%✅ At benchmark
Benchmark: 8–10%
💰 Commercial Terms
Profit Split80%✅ 80%+
Benchmark: 80%
Fee Refundableno⚠️ Partial
Payout SpeedBi-Weekly⚠️ Bi-weekly
Payout DenialFrequent⚠️ Reports found
⚙️ Trading Permissions
News TradingYes✅ Allowed
EAs / AutomationYes✅ Allowed
Weekend HoldingYes✅ Allowed
Scaling PlanYes✅ Available
🏢 Firm Profile
Founded2023 (3yr)⚠️ 3yr
CountryUAE
PlatformDxTrade, MT, cTrader
Hidden RulesNone identified✅ None found
Full Red Flag Report →
🚩
Red Flag Analysis
23 automated risk checks against BrightFunded rules

⚖️ Pros & Cons

✅ Pros

  • Unique Bonus: Offers a 15% reward from evaluation profits once you reach a 10% milestone on a funded account.
  • High Profit Split: Starts at 80%, scaling up to 100%.
  • Trader-Friendly Drawdown: Uses a fixed maximum drawdown (10%) rather than a trailing one.

❌ Cons

  • 1% Risk Rule: Experienced traders find this specific risk restriction too rigid for professional strategies.
  • Trust Warning: Trustpilot removed fake reviews and issued a warning regarding platform integrity.
  • Regional Bans: Services are currently suspended for new users in Pakistan due to payment constraints.
  • Technical Limits: Lack of full demo execution and unlisted lot size limits on certain symbols.

Key Trading Details

  • Account Sizes: Range from $5,000 to $200,000.
  • Profit Split: Starts at 80%, can reach 90% with add-ons, and up to 100% through their scaling plan.
  • Platforms: cTrader, MT5, and their proprietary BrightFunded Platform (DxTrade).
  • Leverage: Up to 1:100 for Forex, 1:40 for Metals/Commodities, and 1:20 for Indices.

Standout Features

  • Crypto Expertise: Offers extensive crypto pairs with 1:5 leverage and utilizes exchanges like Binance, Bybit, and Kraken for data.
  • Evaluation Reward: A unique 15% profit reward from your Phase 1 and Phase 2 evaluation profits, paid out once you reach a 10% growth milestone on your funded account.
  • Scaling Plan: Allows for a 30% balance increase every 4 months if specific consistency and profitability metrics are met.
  • Flexible Rules: Weekend and overnight holding are permitted for Crypto.

Important Rules to Note

  • News Trading: Restricted on Funded Accounts (5-minute window before/after high-impact news), though allowed during the Evaluation phases.
  • Inactivity: Accounts are deactivated after 30 days of inactivity.
  • Prohibited Strategies: High-frequency trading (HFT), grid trading, and latency arbitrage are strictly forbidden.

Visit BrightFunded

Review the latest rules, fees and account options on the official BrightFunded website.

🌐 Check Official Website