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Blink Funding Review 2024

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Blink Funding Review 2024
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Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Blink Funding
Founded:2024
Headquarter:Texas
Min Price:$50
Max Fund:$500,000
Challenges:3
About
Blink Funding is a proprietary trading firm offering up to $500,000 of trading funds after passing the 1-step/2-step/3-step evaluation steps. The first profit target in the 3-step challenge is 5% with no daily drawdown limit. A $5,000 funded account is as low as $50.
Contact
Sugar Land, Texas
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
Flexibility on trading strategies like EAs and News Trading
Evaluation process with no time limits
Support for various trading platforms
Potential for high profit splits
Access to substantial trading capital without personal risk
Cons
Strict drawdown rules
Low leverage options (up to 1:30)
Lack of educational resources

Blink Funding provides traders with up to $500,000 of trading capital through 3 evaluation plans; 1-Step, 2-Step, and 3-Step. The firm offers up to 90% profit split with real trading money.

What are the challenge rules and payout methods on Blink Funding prop firm? Weā€™ll explore the funding schemes, evaluation phases, conditions, pricing, payment methods, customer support, and more in this Blink Funding review.

Blink Funding
A prop trading firm with real money on live accounts and real profits

Blink Funding is a US-based proprietary trading firm that allows traders to access significant capital under real market conditions. The company is located in the city of Sugar Land, Texas, and is led by President Zion L. Key features of Blink Funding:

  • A comprehensive evaluation program with 1-Phase, 2-Phase, and 3-Phase challenge plans;
  • Up to 90% profit share;
  • No time limit for accounts;
  • A wide range of trading platforms;
  • Leverage options up to 1:10 (1:30 with add-on purchase);
  • EAs and News Trading are allowed.

This table provides a quick overview of Blink Funding's key features and specifications, helping traders understand what they can expect when engaging with the platform.

Account currency

USD

Minimum price

$50

Maximum leverage

1:30

Maximum profit split

Up to 90%

Instruments

FOREX pairs, CFD Indices, Metals, Equity Shares, US Stocks, Cryptocurrencies

Assets

N/A

Evaluation steps

1-Step, 2-Step, 3-Step

Withdrawal methods

Deel

Maximum fund size

$500,000

First profit target

5%

Max. daily loss

5%

Challenge time limit

Unlimited

News trading

Allowed

Maximum total drawdown

8% (Static Drawdown)

Trading platforms

MT4, MT5, Match Trader, DXTrade, cTrader

Commission

Only for FX and Equity Share CFDs

TrustPilot score

4

Payout frequency

Monthly

Established country

United States

Blink Funding, like any proprietary firm, has advantages and disadvantages. Understanding these can help traders make an informed decision about whether to purchase test challenges from the company.

Pros

Cons

Access to substantial trading capital without personal risk

Strict drawdown rules

Evaluation process with no time limits

Low leverage options (up to 1:30)

Support for various trading platforms

Lack of educational resources

Potential for high profit splits

Lack of transparency about the company background

Flexibility on trading strategies like EAs and News Trading

No scaling program

The firm offers a range of account sizes, from $5,000 to $500,000, to cater to traders at different experience levels and with varying capital requirements. The pricing structure is designed to balance accessibility with the potential for significant returns.

Funded Account

1-Step

2-Step

3-Step

$5,000

$75

$60

$50

$10,000

$125

$110

$80

$25,000

$275

$250

$175

$50,000

$450

$375

$350

$100,000

$850

$550

$375

$250,000

$2,200

$1,300

$900

$500,000

$4,500

$3,000

$1,800

The challenge rule is one of the most important topics in Blink Funding reviews. The firmā€™s evaluation process is designed to identify disciplined and skilled traders by evaluating their trading style and performance consistency.

Conditions

1-Step

2-Step

3-Step

Profit Share

Up to 90%

Up to 90%

Up to 90%

Profit Target

10%

10% / 5%

5% / 5% / 5%

Daily Loss Limit

5%

4%

None

Max Drawdown

6% (Trailing Drawdown)

8% (Static Drawdown)

5% (Static Drawdown)

Leverage

Up to 1:20 (Add-on)

Up to 1:30 (Add-on)

Up to 1:10 (Add-on)

Inactivity Period

30 Days

30 Days

30 Days

Time Limit

Unlimited

Unlimited

Unlimited

The firm occasionally offers bonus programs and promotions to attract new traders and reward existing ones. While these can provide additional value, it's important to understand their terms and conditions.

  • Affiliate Program: Earn credits or discounts for referring new traders to Blink Funding;
  • Seasonal Discounts: Holiday or special event discounts on evaluation fees (at the time of writing this article, the firm offers a 20% discount via the coupon code ā€œDiscount20ā€).

The financial market is one of the topics that must be discussed in all of the Blink Funding reviews. While the available instruments vary based on the broker youā€™re trading with, overall, the markets include:

  • Forex: Major, minor, and exotic currency pairs;
  • Metals: Gold, silver, platinum, and other popular precious metals;
  • Indices: CFDs on major global stock indices;
  • Stocks: CFDs on popular US and European stocks;
  • Cryptocurrencies: Bitcoin, Ethereum, and other major cryptocurrencies;
  • Commodities: Oil, natural gas, and agricultural products.

While the firm offers several payment methods to facilitate easy deposits, it only offers Deel (an Israeli-American payroll solution platform based in San Francisco, California) for profit withdrawals. Blink Funding prop firm payment methods:

  • Credit/Debit Cards;
  • Coinbase Commerce;
  • PayPal.

The firm is partnered with ThinkMarkets broker and uses their Raw account named ThinkZero, which has commission charges and spreads. Blink Funding fee structure:

Commission

$3.50 per side on Forex and Equity Share CFDs

Spreads

Floating from 0.0 pips

Blink Funding TrustPilot
The firm has received a score of 4.0 out of 5.0 from TrustPilot users

User satisfaction may be the most important topic in Blink Funding reviews. The firm is new and doesnā€™t have a strong presence in the market or among traders.

Thus, it doesnā€™t have profiles on reputable websites like Reviews.io, and its TrustPilot profile has only three reviews which canā€™t be a reliable source to evaluate the firmā€™s legitimacy.

However, the lack of transparency in introducing the founding and managing team and poor regulatory status hint that potential clients must tread carefully and conduct thorough research before committing any funds.

The company seems to not take the importance of customer support to the heart since it doesnā€™t offer a live chat feature or phone support. Blink Funded support channels:

Email

info@blinkfunding.com

Ticket

Accessible on the ā€œContactā€ page

The last topic in this Blink Funding review is social media presence. The firm is active on various social platforms, including:

Blink Funding YouTube Channel
The firm has 454 subscribers on YouTube and posts new videos on a monthly basis

Expert Suggestions

Blink Funding is a new face in the prop trading industry and provides retail traders with significant funds of up to $500,000 with leverage options up to 1:30.

Blink Funding prop firm offers three evaluation plans with a max daily drawdown of 5% and a static drawdown of 8%. Share your thoughts about the Blink Funding review in the comments.

FAQs

Is Blink Funding suitable for beginner traders?

While possible, the firm is better suited for experienced traders due to its strict rules and lack of educational resources.

Can I use Expert Advisors (EAs)?

Yes, EAs and algorithmic trading strategies are not prohibited.

How long does receiving profits after passing the evaluation take?

Typically, profit disbursements are processed within 1-2 business days after request.

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