BrightFunded Review – Benzinga

BrightFunded Product Offering

BrightFunded offers a structured evaluation program where traders must pass a two-phase challenge to access real capital. Once funded, traders can manage accounts ranging from $5,000 to $400,000, with profit splits increasing up to 100% over time.

The firm provides a scaling plan with no limits, meaning traders who consistently hit performance targets can continue growing their accounts. Its Trade2Earn loyalty program incentivizes traders with discounted fees, better profit splits and free evaluations.

Traders can access BrightFunded’s proprietary desktop, mobile and web-based platform, which offers real-time market data and risk management tools. It lacks support for MetaTrader 4 and MetaTrader 5, which is a downside for traders who are used to traditional platforms.

BrightFunded allows traders to operate in multiple markets, with over 150 tradable instruments across forex, indices, commodities and cryptocurrencies.

Forex traders get access to 49 currency pairs, including major pairs like EUR/USD and USD/JPY, along with minor and exotic pairs. The crypto selection is particularly strong, with over 40 digital assets, including Bitcoin, Ethereum and Solana.

Commodity traders can trade metals, energy and agricultural products, while index traders can access global indices like S&P 500, FTSE 100 and DAX 30. BrightFunded allows leveraged trading, unlike some prop firms, with ratios reaching 1:100 on forex and 1:10 on crypto.

BrightFunded pricing is in line with the industry standard. The cost depends on the account size and add-ons selected.

• $5,000 account – €55
• $50,000 account – €295
• $200,000 account – €975

Additional features like weekly payouts, a 90% profit split and reduced minimum trading days come at extra cost. While the base fees are competitive, traders looking for premium perks must pay more.

You can get a discount on your trading plan when you use the code BENZINGA20 at checkout!

Commissions

BrightFunded offers a competitive and transparent commission structure across various asset classes. forex traders benefit from a flat-rate commission of just $3 per lot, making it a cost-effective choice for active traders. For metals and other commodities, the platform charges a minimal 0.0010% per volume, ensuring affordability for those investing in raw materials.

Index trading stands out with zero commissions, allowing traders to maximize their returns without extra costs. Crypto traders are subject to a reasonable 0.024% per volume fee (0.012% per side), making it an attractive option for digital asset enthusiasts. Overall, BrightFunded’s commission model strikes a balance between low costs and competitive trading conditions.

BrightFunded offers 24/7 customer support via email, live chat and WhatsApp, making it one of the more responsive prop firms.

Traders consistently praise fast response times and clear communication, especially regarding payout processing and trading rules. The firm also operates a Discord community where traders can connect with staff and get real-time assistance.

Some users have reported strict rule enforcement leading to account terminations, but BrightFunded’s transparency in explaining violations prevents most major disputes.

As a proprietary trading firm, BrightFunded doesn’t handle direct client deposits but prioritizes security and compliance. It offers two-factor authentication (2FA) for account access and secure payout processing via USDC and bank transfers.

The firm is led by well-respected financial professionals, including former European Central Bank and Optiver executives, which helps reinforce its credibility. The lack of real-money accounts means all trading happens in a simulated environment, which some traders may see as a drawback.

BrightFunded’s proprietary trading platform is accessible on desktop, mobile and web browsers. The interface is clean and optimized for speed, making trade execution seamless.

Traders used to MetaTrader 4 or 5 may need an adjustment period, but the platform itself is intuitive. While it lacks some advanced charting tools found in third-party software, the execution speed and usability make it a solid choice for both beginners and experienced traders.

BrightFunded Trading Rules

One-Sided Bets
Traders must avoid taking positions in only one direction without considering market conditions or conducting proper analysis. This practice is strictly prohibited.

Stacking
Placing an excessive number of orders within a short timeframe, commonly known as stacking, is not permitted.

Automated Trading & AI
The use of software, artificial intelligence, ultra-high-speed trading, or mass data entry to exploit the system or gain an unfair advantage is strictly prohibited.

News Trading

• Restricted: Traders are not allowed to open or close trades within 5 minutes before or after high-impact news events.
• Evaluation Programs: News trading is fully permitted without any restrictions.

Payout Policy

• Initial Payout: 30 days
• Subsequent Payouts: Every 14 days

BrightFunded vs. Competitors

BrightFunded faces competition from firms like FTMO, MyForexFunds and DNA Funded. While these firms offer similar evaluation-based funding models, BrightFunded stands out with its unlimited scaling plan, crypto-friendly trading and Trade2Earn loyalty program.

Compared to FTMO, which caps profit splits at 90%, BrightFunded allows 100% profit retention after scaling. MyForexFunds has lower challenge fees but stricter drawdown rules.

BrightFunded is a strong choice for traders looking to scale up their accounts with a high-profit retention model. Its wide range of tradable assets, rapid payouts and loyalty incentives make it one of the most attractive prop firms in the industry.

The biggest drawbacks are the simulated trading environment and higher add-on costs, but traders prioritizing profit potential and flexibility will find BrightFunded a worthy option.

Frequently Asked Questions