Bright Funded is a prop firm, registered in the Netherlands in September 2023, owned by Jelle Dijkstra.
Bright Funded presents a trading environment for traders with different experience levels. It offers transparency and open community. The platform features educational resources & gives up to 80% profit share.
Trading Platforms at Bright Funded
Bright Funded offers its own trading platform and App. The platform is available for both Android and iOS devices, as well as Desktop.
Range of Instruments by Bright Funded
You can trade with crypto, Major Forex pairs, Minor Forex pairs, Exotic Forex pairs, Indices &
Commodities like hard metals and agricultural goods
Available Crypto Pairs:
ADA/USD (Cardano) | ARB/USD (Arbitrum) | AVAX/USD (Avalanche) | BNB/USD (BNB) | BTC/EUR (Bitcoin) |
BTC/USD (Bitcoin) | DASH/USD (Dash) | DOT/USD (Polkadot) | ETH/EUR (Ethereum) | ETH/USD (Ethereum) |
INJ/USD (Injective) | LINK/USD (Chainlink) | LTC/EUR (Litecoin) | LTC/USD (Litecoin) | MATIC/USD (Polygon) |
NEO/USD (Neo) | SOL/USD (Solana) | TRX/USD (Tron) | XDG/USD (Dogecoin) | XLM/USD (Stellar) |
XRP/USD (Ripple) | RNDR/USD (Render) | ATOM/USD (Cosmos) | FTM/USD (Fantom) | FET/USD (Fetch.ai) |
OP/USD (Optimism) | WOO/USD (Woo Network) | APT/USD (Aptos) | AAVE/USD (Aave) | DYDX/USD (dYdX) |
RUNE/USD (THORChain) | SUI/USD (SUI) | SEI/USD (SEI) | NEAR/USD (NEAR Protocol) | FIL/USD (Filecoin) |
LDO/USD (Lido DAO) |
Payment Methods at Bright Funded
Payment options include Crypto, Bank Transfer, Credit Cards, and iDeal. You can receive payments on Crypto and Bank Transfer, and you can pay using Credit Cards, Crypto, and iDeal.
Available Cryptocurrencies for payment are:
- Bitcoin (via Bitcoin Network)
- Bitcoin (via Lightning Network)
- USDT (via Tron Network)
- USDC (via ERC-20 Network)
- Ethereum (via ERC-20 Network)
- Litecoin (via Litecoin Network)
- Tron (via Tron Network)
- Solana (via Solana Network)
Available Account Sizes at Bright Funded
There are six account sizes that are available in USD, EUR, and POUND currencies.
- $5k
- $10k
- $25k
- $50k
- $100k
- $200k
Profit Split Structure at Bright Funded
Bright Funded proposes an 80% profit share structure. The firm retains the 20% balance while the trader gets to keep up to 80% of earned profits.
Targeting Profits with Bright Funded
The first phase of the challenge requires achieving an 8% profit target. The following phase has a 5% profit target.
Daily Loss and Drawdown Rules at Bright Funded
The Bright Funded Challenge allows a daily loss limit of 5%. The account balance could decrease by up to 10% for the maximum total loss.
Minimum and Maximum Days for Trading at Bright Funded
There’s no cap on the maximum trading days. You need to trade for at least 5 days.
Bright Funded Challenges
Bright Funded has one 2-step challenge with 6 account sizes. The first step of the challenge is called “The Challenge”. The second step is called “The Verification”. Bright Funded doesn’t have a consistency rule and the Leverage depends on the instrument used:
Trading Instrument | Leverage |
---|---|
FX | 1:100 |
Gold & Commodities | 1:40 |
Indices | 1:20 |
Crypto | 1:5 |
Pricing for Challenges
Account Size | Price |
---|---|
5k | €55 |
10k | €95 |
25k | €195 |
50k | €295 |
100k | €495 |
200k | €975 |
Fees and Commission Structure
Other than the fee you paid for a challenge, there are no other fees or hidden fees. The commissions depend on the trading instrument:
Trading Instruments | Commission |
---|---|
Currency Pairs | $3 per lot |
Indices | $0 |
Crypto | 0,024% / Volume (0,012% per side) |
Commodities | 0,0010% / Volume |
Refund Conditions at Bright Funded
Bright Funded refunds 100% of your fees with your first payout after you finish the evaluation phase and get your trade profits.
Free Trials at Bright Funded
There are no free trials available.
How Often Does Bright Funded Prop Firm Pay Traders?
You can request your 1st payout 30 days after you place your trade on a Funded Account. After your first Reward split, all payouts are done bi-weekly. You can request your payout through the dashboard.
The Good and Bad of Bright Funded
- Low commissions
- Bi-weekly payouts
- Fees are 100% refundable
- A wide range of trading instruments available
- Six account sizes available in USD, EUR, and POUND currencies
- No free trials
- Only one challenge type is available
Bright Funded FAQ
There are no country restrictions at Bright Funded.
A swap fee is the interest traders pay for holding a position overnight, applied at the daily rollover point at 00:00 CET.
Yes, you can use Expert Advisors (EAs).
You will be trading the same account balance that you traded in the Challenge. If you had a $200k challenge, you’ll also have $200k in your Funded Account. If you demonstrate consistent profitability, you will be rewarded with additional capital.