BrightFunded is a prop firm with a profit split up to 100% and an average payout processing time of only 8 hours. This firm, founded in December 2022, offers other benefits, such as 150+ available trading instruments.
If you are interested in starting with a new prop trading firm, read this article to learn about BrightFunded's advantages and disadvantages, considering its various aspects.
BrightFunded Prop Firm Company Overview
BrightFunded is a cutting-edge proprietary trading firm headquartered in the Netherlands, led by CEO Jelle Dijkstra.
What sets BrightFunded apart from many competitors is their commitment to providing a truly customized trading experience.
Instead of relying on third-party platforms like MT4 or MT5, BrightFunded has developed its own proprietary trading platform, tailored specifically to meet the needs of modern traders.
This firm has paid over $3M to its clients as payouts. Currently, it serves more than 10,000 active traders.
BrightFunded Specifications Summary
In the table below, you will see a brief overview of the firm's key specifications and features:
Account Currency | USD, EUR, GBP |
Minimum Price | 55 EUR |
Maximum Leverage | 1:100 |
Maximum Profit Split | 100% |
Instruments | Forex, Indices, Crypto, Commodities |
Assets | +150 |
Evaluation Steps | 2 |
Withdrawal Methods | Crypto (USDT), Bank Transfer |
Maximum Fund Size | Infinite |
First Profit Target | 8% |
Max. Daily Loss | 5% |
Challenge Time Limit | Unlimited |
News Trading | Resricted on Funded Star Accounts |
Maximum Total Drawdown | 10% |
Trading Platforms | Proprietary |
Commission Per Round Lot | $3 |
Trustpilot Score | 4.4 out of 5 |
Payout Frequency | Bi-Weekly |
Established Country | Netherlands |
Established Year | 2022 |
Benefits & Drawbacks
Let's take a closer look at the advantages and potential drawbacks of trading with BrightFunded in the form of a table:
Drawbacks | Benefits |
Restrictions On News Trading | Proprietary Trading Platform For A Tailored Experience |
Wide Range Of Tradable Instruments | |
Competitive Leverage Options (Up To 1:100 For Forex) | |
Structured Scaling Plan With Potential For 100% Profit Share | |
Clear Two-Step Evaluation Process |
Despite a few limitations, BrightFunded offers a compelling package for traders seeking a structured path to becoming funded traders with significant profit potential.
An Overview of the Funding & Price on the BrightFunded
The company offers a range of account sizes to suit different trader experience levels and risk appetites. Here's an overview of their funding options:
- Account fundings from $5k to $200k;
- Pricing and fees range from 55 EUR to 975 EUR.
Registration and Verification Complete Guide
Account opening is the first thing you need to do if you want to get started. Here's a tutorial on the registration and verification process on BrightFunded:
- Go to the official website and click on "Login/Register";
- Click on the "Register" hyperlink below the login form;
- Fill in the form with your name, username, email address, country, and desired password;
- Login with your credentials.
Now, you have your account on the BrightFunded. For verification, complete your profile and submit the necessary documents and information.
BrightFunded Prop Firm Evaluation Stages
The firm's evaluation process is designed to identify disciplined and profitable traders. In the table below, we will look into the phases in detail.
- | Step 1 The Challenge | Step 2 The Verification | Step 3 The Funded Star |
Funding | From $5k to $200k | ||
Trading Period | Unlimited | ||
Min. Trading Days | 5 Days | - | |
Max. Daily Loss | 5% | ||
Max. Overall Loss | 10% | ||
Profit Target | 8% | 5% | - |
BrightFunded Tokens | Yes | ||
Fee | From 55 EUR to 975 EUR | None | |
BrightFunded Bonuses And Discount Codes
This firm offers several attractive discount codes to enhance the trading experience. BrightFunded promo codes:
- 25% off on larger account challenges (25K-200K) plus a free 10K challenge when purchasing a 100K or 200K account with the code BFONE25;
- You will receive a 12% discount, bi-weekly payouts, and a free account of the same size upon reaching payout on all challenges via the code MATCH.
However, we are not sure if these codes work.
These promotions provide traders with significant cost savings and additional opportunities to succeed. Be sure to check BrightFunded's website or authorized partners for the latest offers and expiration dates.
Trading Platforms Used via BrightFunded
Unlike many prop firms that use third-party platforms, this firm has developed its proprietary trading platform. This custom-built solution offers several advantages:
- Tailored user experience designed specifically for BrightFunded traders
- Seamless integration with the company's evaluation process and scaling plan
- Direct market access with raw spreads and low commissions
- Real-time market data provided by reliable data feed providers
You can access the platform through the links below:
Tradable Instruments and Symbols
BrightFunded offers more than 150 instruments and crypto pairs overall. These assets consist of:
- Cryptocurrencies: Access to popular and emerging crypto pairs
- Forex: Major, minor, and exotic symbols
- Indices: Global stock market indices
- Commodities: Both hard commodities (e.g., metals) and soft commodities (e.g., agricultural products)
This wide selection of instruments and flexible leverage options allows traders to diversify their strategies and manage risk according to their preferences.
Payment Options and Methods Overview
According to the FAQ section on the official website, BrightFunded provides payouts via these 2 options:
- Crypto (USDT)
- Bank transfers
Also, you can pay for challenges using these methods:
- Credit/debit cards
- Crypto
- E-payment platforms
Commission & Costs
Based on our investigations on the platform and the website, BrightFunded provides trading with these fees:
- Currency Pairs: $3 per round lot
- Indices: $0 (zero commission)
- Cryptocurrencies: 0.024% per volume
- Commodities: 0.0010% per volume
These rates are generally in line with industry standards and allow traders to maintain profitable strategies across various instrument types.
The zero commission on indices is particularly attractive for traders focusing on these markets.
Educational Resources on BrightFunded
The company tries to provide some resources for educating traders, but it does not have a dedicated section for this purpose. Education on BrightFunded:
- Blog articles about trading systems, psychology, etc.
- YouTube channel with educational videos and content
Trust Reviews on Trustpilot
BrightFunded has received mixed reviews on Trustpilot, with an overall rating of 4.4 out of 5 stars. Positive reviews often highlight the following:
- Reliable and timely payouts
- Responsive customer support
- User-friendly trading platform
However, some negative reviews mention:
- Issues with withdrawals
- Concerns about account closures
It's worth noting that BrightFunded actively responds to negative reviews, addressing concerns and providing clarifications where necessary.
Customer Support and Services – Contact Info & Schedule
BrightFunded prop firm offers typical methods for support services. In the list below, we will discuss each:
- Email: support@brightfunded.com
- Live Chat: Available via the official website
- Discord: https://discord.com/invite/fKzFHQKD4s
The firm states that they offer 24/7 services through the methods listed above.
Social Media Channels and Pages
BrightFunded hold a place on several social media platforms. This helps users to keep up with the latest updates in an easier way. BrightFunded Social Pages:
- Discord: https://discord.com/invite/fKzFHQKD4s
- Telegram: https://t.me/brightfunded
- Instagram: https://www.instagram.com/brightfunded
- YouTube: https://www.youtube.com/@BrightFunded
- X (Formerly Twitter): https://x.com/brightfunded
- Linkedin: https://www.linkedin.com/company/brightfunded
Expert Suggestions
BrightFunded is a Dutch prop trading firm operating since 2022. It offers attractive benefits such as profit split up to 100% and an infinite funding through scaling.
However, there's nothing for sure about the credibility of this firm, and there has been some negative reviews of it. Therefore, proceed with caution and conduct your own research before paying for the challenges.
