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BrightFunded

CEO
Jelle Dijkstra
Country
United Arab Emirates flagUnited Arab Emirates
Trust Pilot
4.5
Date Created
Sep 2023
Years In Operation
2
4.5
105 total reviews
5
80
4
13
3
2
2
2
1
8
Official Website
brightfunded prop firm logo
BrightFunded
4.5105 reviews

15% off all BrightFunded challenges site-wide — applied automatically with code PICKR.

Firm Overview

Broker
Datafeed ProviderDatafeed Provider
Platforms
BrightFunded Platform (DxTrade)BrightFunded Platform (DxTrade)
cTradercTrader
MT5MT5
Payment Methods
Apple PayApple Pay
Credit/Debit CardCredit/Debit Card
CryptoCrypto
Google PayGoogle Pay
PayPalPayPal
Payout Methods
Bank TransferBank Transfer
CryptoCrypto
BrightFunded, established in September 2023 and based in the United Arab Emirates, is a prop trading firm led by CEO Jelle Dijkstra. Operating for approximately two years, the firm has built a solid reputation with a 4.5-star rating across 105 reviews. The platform supports traders across multiple trading environments, including its proprietary DxTrade solution, cTrader, and MT5, providing flexibility for different trading preferences. Traders can fund their accounts via Apple Pay, credit/debit cards, cryptocurrency, Google Pay, or PayPal, with payouts processed through bank transfers or crypto. The firm structures its challenges in a two-step format across various account sizes, from 5K to 200K. BrightFunded particularly appeals to traders seeking relatively lenient trading rules, permission for news trading, and the ability to hold positions overnight across crypto markets. The firm also offers evaluation rewards and scaling opportunities, making it suitable for disciplined traders who want straightforward conditions without excessive restrictions.

Instruments and Assets

Type of Instruments
CFD
Assets
CryptoOther CommoditiesFXIndicesMetalsMemeBTC+ETHMajorsAltcoinsDeFi

Leverage

AssetInstant1-Step2-Steps3-Steps
Crypton/an/a1:5n/a
Other Commoditiesn/an/a1:40n/a
FXn/an/a1:100n/a
Indicesn/an/a1:20n/a
Metalsn/an/a1:40n/a
Memen/an/a1:5n/a
BTC+ETHn/an/a1:5n/a
Majorsn/an/a1:5n/a
Altcoinsn/an/a1:5n/a
DeFin/an/a1:5n/a

Commissions

Crypto
0.012% per side (0.024% round turn)
Other Commodities
0.0010% per volume
FX
$3 per lot
Indices
$0
Metals
0.0010% / Volume
Meme
0.012% per side (0.024% round turn)
BTC+ETH
0.012% per side (0.024% round turn)
Majors
0.012% per side (0.024% round turn)
Altcoins
0.012% per side (0.024% round turn)
DeFi
0.012% per side (0.024% round turn)

Consistency Rules

No consistency rules documented for this firm yet.

Firm Rules

Minimum Trading Days

During the evaluation phase, traders must actively trade on at least 5 separate days in each phase. A trading day is only counted when a trade remains open for a minimum of one minute. This requirement is waived entirely if you add an extension to your account.

News Trading

There are no restrictions on news trading during your evaluation period, allowing traders to capitalize on economic announcements and high-impact events without additional compliance concerns.

Copy Trading

You may copy trades between accounts that you personally control, whether those accounts are with BrightFunded, other prop firms, or retail brokers. However, copying trades across accounts owned by different individuals is prohibited.

Expert Advisors

Automated trading systems and Expert Advisors are permitted on the platform, provided they operate within the firm's stated trading conditions and do not breach any other established rules.

Inactivity Policy

Accounts must have at least one trade placed every 30 calendar days. Failure to meet this requirement results in account deactivation. If the account is not reactivated through support within six months, it will be permanently closed.

Overnight and Weekend Holdings

Traders are permitted to hold positions overnight and across weekends, including when trading cryptocurrency, without additional penalties or restrictions.

Restricted Trading Strategies

Prohibited activities include hedging across multiple accounts or firms, grid trading, arbitrage, tick scalping, high-frequency trading, and exploiting platform errors. Risk-abusive strategies such as overleveraging, one-sided bets, and coordinated multi-account manipulation are also forbidden.

VPN and IP Usage

Using VPNs or accessing your account from different IP addresses is acceptable when traveling. However, only the account owner may execute trades; account sharing is strictly prohibited regardless of location.

Trailing Drawdown Lock

Once your account equity rises 6% above the initial balance, the maximum loss limit becomes locked at the original balance and will not increase further.

Evaluation Profit Reward

When you reach at least 10% profit growth on a funded account, you become eligible to receive a 15% evaluation profit reward as recognition of your performance.

BrightFunded Challenges

Payout Policy

Frequency
Bi-weekly by default; weekly payouts available with add-on purchase
Profit Split
80%
Minimum Payout
N/A
Available Payout Methods
Bank TransferBank Transfer
CryptoCrypto

Restricted Countries

The following countries are not eligible to apply for BrightFunded challenges.
CubaCubaIranIranPakistanPakistanVietnamVietnamNorth KoreaSyria
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