BrightFunded

Rules

Drawdown / Max Loss

Drawdown style: EOD high-watermark. At rollover (11:30 PM – 11:59 PM CET), the system records the highest value between balance and equity at end of day. The daily loss limit for the next day is calculated from that EOD highest value. Unrealized losses count in real time: floating equity is monitored continuously, not just at close.

Important note on legacy accounts: Two separate drawdown calculation methods exist depending on when an account was purchased.

• Accounts purchased before September 22nd, 2025 at 11:00 AM CET (legacy method): daily permitted loss is always 5% of the original challenge size, calculated from balance only at rollover. Floating equity did not raise the watermark.
• Accounts purchased on or after September 22nd, 2025 at 11:00 AM CET (current method): daily limit is calculated from the higher of balance or equity recorded at EOD rollover, using plan-specific percentages (see tables below).

Plans and their drawdown limits (current method, accounts purchased after April 13th, 2026):

Plan	Phase 1 Profit Target	Phase 2 Profit Target	Daily Drawdown	Max Drawdown	Max Drawdown Type
2-Step Bright	8%	5%	4% of original challenge size	8%	Static
2-Step Classic	10%	5%	5% of original challenge size	10%	Static
1-Step	10%	–	3% of original challenge size	6%	Trailing

Static drawdown (2-Step plans): The maximum drawdown floor is fixed at 8% or 10% below the original account balance and never moves, regardless of profits made.

Trailing drawdown (1-Step plan): The maximum drawdown floor follows the high-water mark (highest equity ever reached on the account). As equity grows, the floor rises with it. Once the equity reaches 6% above the initial balance, the floor locks permanently at the original balance and stops moving upward. Example on a $100,000 account: starting floor is $94,000; floor rises as equity grows; once equity reaches $106,000, the floor locks at $100,000 permanently.

Daily drawdown calculation (current method) examples:

• Open trade in profit at rollover: EOD highest value = equity (higher of the two), daily limit for next day = EOD highest value minus the plan’s daily loss amount.
• Open trade in loss at rollover: EOD highest value = balance (higher of the two), daily limit for next day = EOD highest value minus the plan’s daily loss amount.
• Trade closed before rollover (profit): EOD highest value = balance = equity (same figure), daily limit = that figure minus the daily loss amount.

Daily drawdown reset: Resets every day between 11:30 PM – 11:59 PM CET (rollover). Trading during this window is not recommended.

Breach consequence: If balance or equity hits the drawdown limit at any point during the day, the account is immediately terminated. No temporary pause mechanism; breach = permanent account closure.

Swap/rollover charges: Swap fees are applied if positions are held through the rollover period (23:59 – 00:00 CET). These fees affect account balance and therefore can influence drawdown calculations. A Swap-Free add-on is available at purchase to eliminate overnight swap fees.

Maximum capital per trader in funded phase: $400,000.

Original accounts (purchased before April 13th, 2026): These operate under the legacy rules in full.

Rule	Phase 1	Phase 2
Profit Target	8%	5%
Daily Drawdown	5%	5%
Max Drawdown	10% (Static)	10% (Static)
Min Trading Days	5	5

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Consistency Rule / Minimum Trading Days

Consistency rule: BrightFunded does not enforce a consistency rule. Traders are not required to spread profits evenly across days or trades, maintain a fixed position size, or ensure that no single day’s profit exceeds a percentage of total profits.

Profit cap: No profit cap exists. There is no per-cycle withdrawal limit.

Minimum trading days:

Plan	Min. Trading Days (Phase 1)	Min. Trading Days (Phase 2)
2-Step Bright	5	5
2-Step Classic	5	5
1-Step	5	–

Trading days do not need to be consecutive.

What counts as a trading day: At least one trade must remain open for a minimum of 1 minute (60 seconds) on that calendar day. The trade may close in profit or (only the duration matters.) Pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop) do not count as open trades.

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Leverage

Leverage is identical across challenge and funded accounts.

Asset Class	Max Leverage
Forex (FX)	1:100
Gold and Commodities	1:40
Indices	1:20
Crypto	1:5

Example with a $100,000 account: Forex maximum notional = $10,000,000; Gold and Commodities = $4,000,000; Indices = $2,000,000; Crypto = $500,000.

Leverage limits serve as the effective position size cap. The firm reserves the right to apply temporary risk measures on individual funded accounts where trading behavior is assessed as posing higher-than-acceptable risk; these measures are case-by-case and reviewed over time as the trader demonstrates consistency.

Margin call: Margin call emails are sent when available margin falls below the minimum required to maintain open positions. The firm states the formal margin rule has been removed, so a margin call notification is informational rather than a mandatory action trigger.

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Trading Hours

Overnight holding: Permitted. No requirement to close positions overnight. Swap fees may apply if positions are held through the rollover window (23:59 – 00:00 CET) unless the Swap-Free add-on is purchased.

Weekend holding: Permitted. Positions may be held over the weekend. Risks include weekend gaps, wider spreads, lower liquidity, and slippage on reopening. Swap fees may apply.

Weekend trading: Crypto instruments that are open on the platform may be traded over weekends. Standard forex and non-crypto pairs follow normal market hours and are not available when markets are closed.

Rollover window (23:59 – 00:00 CET, approximately): Trading during this window is actively discouraged. Spreads widen significantly as institutional participants reset positions. Stop-loss orders may be triggered prematurely by spread spikes rather than genuine price movement. High slippage is common. The firm recommends pausing trading during this window and resuming after 00:05 CET. DST notice: these times may shift ±1 hour during US or European daylight saving changes.

No hard deadline to close positions before weekend: BrightFunded does not impose a mandatory cut-off time requiring positions to be closed before weekend close. Holding is the trader’s choice.

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News Trading

Evaluation phases (Phase 1 and Phase 2): News trading is fully permitted with no restrictions.

Funded account: A news trading restriction applies. Trading is prohibited during a 10-minute window surrounding significant high-impact news events, defined as 5 minutes before and 5 minutes after the event.

What counts as executing a trade within the restricted window: Opening a new trade (market or limit order), closing a trade (market or limit order), or the triggering/filling of a stop-loss, take-profit, buy stop, or sell stop order. If any of these actions occur within the 5-minute window before or after the event, it is a violation.

What is permitted during the window: Holding and modifying trades on targeted instruments that were opened more than 5 minutes before the restricted event. However, if the stop-loss or take-profit on such a trade triggers within the window, it is still considered a soft breach.

Consequence of violation: Soft breach only. Profits generated on the violating trade are deducted. Losses from trades executed in the restricted window are not compensated. The account is not terminated on a news trading soft breach.

48-hour exemption for swing trades: If a trade was opened at least 48 hours before the news event, and the take-profit triggers during the 10-minute restricted window, the profits are not deducted. This exemption applies to take-profit fills only.

Non-targeted instruments: Instruments not affected by a specific news event may be traded normally during the window. The restriction applies only to instruments targeted by the relevant news.

Economic calendar reference: Forex Factory high-impact red-folder events (https://www.forexfactory.com/calendar). The instruments table defining which news event targets which instruments is available in BrightFunded’s help article on news trading, but is displayed as an image rather than text and could not be extracted here.

Effective date of this policy: May 9, 2024, 00:00 CET.

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Multiple Accounts

During challenge/evaluation phase: No limit on the number of challenge accounts that may be purchased simultaneously.

During funded phase: Maximum total capital allocation of $400,000 across all funded accounts per trader. If a trader passes additional Phase 2 evaluations beyond this limit, those accounts are placed on hold until an existing funded account is breached.

Account identification: Each user is permitted one registered email profile. Multiple evaluation challenge accounts may be purchased under a single profile. Using different email addresses or altered personal details to create a second profile is prohibited and constitutes a single-account policy violation.

Detection: The firm uses IP addresses, device fingerprints, payment patterns, KYC submissions, matching names, and other detection methods to identify multiple profiles belonging to the same individual.

Consequence of multiple profile detection: Suspension or closure of all associated accounts without notice, revocation of all promotions, discounts, and payouts earned through those accounts, and permanent ban from BrightFunded services.

Self-copy trading: Copy trading between accounts owned by the same person is permitted. This includes BrightFunded challenge accounts, BrightFunded funded accounts, other evaluation firm accounts, and retail brokerage accounts, as long as all accounts belong to the same individual. Copying trades to accounts owned by relatives, family, or friends is prohibited.

Capital threshold for self-copy trading: If a trader holds multiple funded accounts with combined capital that shows identical trade patterns across accounts exceeding $400,000, the firm reserves the right to suspend those accounts. This appears to be enforced case-by-case rather than as a hard automatic threshold.

Account merging: Two funded accounts may be merged into a single larger account as an alternative to holding multiple accounts, subject to conditions (see Firm Rules section).

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Prohibited Conduct

Cross-account hedging: Prohibited. Holding simultaneous long and short positions on the same or highly correlated instrument across two or more different accounts is not permitted. This applies across BrightFunded accounts, different prop firms, and different trading platforms (e.g., a long on cTrader and a short on DXTrade on the same instrument).

Intra-account hedging: Permitted. Holding both a buy and sell position on the same instrument within a single account is allowed.

Hedging escalation policy:

• First detection (soft breach): accounts receive a warning, all trades are closed (profit and loss), accounts are not permanently terminated. This one-time warning applies per user, not per account. The soft breach applies only if a single trade per account is involved. If two or more trades constitute the hedge, immediate hard breach applies.
• Second detection (hard breach): involved accounts are permanently breached and closed.
• Policy effective date: August 13th, 2024, 00:00 CET.

Copy trading restrictions: Copy trading between accounts not owned by the same individual is strictly prohibited. Signal trading (acting on signals from community groups) is also prohibited. The firm uses an advanced detection system monitoring opening price, closing price, trade size, size ratio, and trade symbols for similarity patterns. Consequence: first offense results in a cautionary notice, profit deductions, and account reset. If account is not in profit, immediate closure with no profit distribution.

Challenge-passing services: Offering services to trade someone else’s challenge or managing accounts on behalf of others is prohibited.

Exploiting service errors or platform delays: Prohibited. Using delayed price feeds, feed lag, or technical malfunctions to gain an advantage over real market conditions is expressly forbidden.

External or delayed data feeds: Prohibited. All trading must be based on BrightFunded’s own real-time data feed. Using third-party charting tools with lagging data to make trading decisions is a violation.

Coordinated multi-account manipulation: Prohibited. Opening two or more accounts (personally or with others) to place offsetting trades to guarantee one wins is not permitted.

EAs and automated trading: Generally permitted. EAs are allowed across challenge and funded accounts. However, API and automated trading are not supported on DXTrade. EAs used must comply with all trading rules (including drawdown limits, news trading restrictions, etc.). Third-party EAs shared across many traders may attract scrutiny if similar patterns appear across multiple accounts. The firm does not guarantee EA compatibility and is not liable for execution errors from non-compatible EAs.

High-frequency trading (HFT): Prohibited. Strategies that rely on placing and canceling orders in milliseconds, or executing thousands of orders per minute via specialized infrastructure, fall outside the scope of the platform.

Tick scalping: Prohibited. Entering and exiting trades within seconds to capture small pip movements in high volume is not permitted.

Grid trading: Prohibited. Placing buy and sell orders at predefined price intervals as a mechanical grid strategy is not allowed.

Arbitrage: Prohibited. Exploiting temporary price discrepancies between brokers, instruments, or platforms is not allowed.

Overleveraging / overexposure / one-sided betting: Prohibited under the “risk-abusive trading” policy. This includes using maximum leverage on every trade, stacking large positions in correlated instruments, and averaging down aggressively into losing trades.

Account rolling: Prohibited. Abandoning a failing account before evaluation ends and immediately starting fresh to reset metrics is not allowed.

VPN/VPS: Permitted. Using a VPN, VPS, or different IP addresses while traveling is allowed, as long as only the account owner is doing the trading.

Credential sharing: Strictly prohibited. Account credentials (username, password) are personal and non-transferable. Shared access or use of credentials by another person may result in immediate disqualification and account termination.

Chargeback: Initiating a chargeback after purchasing a challenge account results in immediate account termination, permanent ban from the ecosystem, loss of all associated access, and potential legal action. Refund requests must be made through customer support.

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Firm Rules (General)

Minimum age: 18 years old.

KYC requirement: Mandatory after passing the final evaluation stage. Completed through SumSub, a third-party KYC provider. Accepted documentation includes government-issued ID (passport, national ID card, or driving license). KYC must be completed before a funded account is issued.

KYB (company verification): Not required. Company registration is permitted. Traders may register as a company using their individual details and then add company information to their profile. Invoices and payouts can be issued to the company. Only KYC (individual identity verification) is required.

Company registration: Permitted. Initial registration is completed as an individual, using the company address. Business information can be added under Profile settings afterward.

Identity requirement: Legal name required. All accounts must use genuine personal details. Multiple profiles under altered names or slightly varied information are prohibited.

No time limit to complete evaluation: The challenge has no expiry date. Traders advance at their own pace once the profit target is met.

Inactivity rule (effective September 1st, 2025): Applies to all account types, including Phase 1, Phase 2, and funded accounts, including accounts created before that date.

• Traders who have placed at least one prior trade must place a new trade within 30 calendar days of closing their last trade. The new trade must remain open for at least 1 minute to reset the inactivity countdown.
• Traders who have not yet placed any trade must execute their first trade within 30 calendar days of account assignment. Trade must remain open at least 1 minute.
• Traders with an open position are considered active for as long as that position remains open, even beyond 30 days. The 30-day countdown begins only once the trade is closed.
• Pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop) do not count as open trades for inactivity purposes.
• Consequence of inactivity: account deactivated. Trader must contact support to request reactivation. If no reactivation request is made within 6 months, the firm may mark the account as a hard breach due to prolonged inactivity.

Restricted countries (challenge purchase and registration prohibited): Cuba, Iran, North Korea, Pakistan, Syria, Vietnam. Note: traders from Pakistan with an active account can continue trading; the restriction is on new purchases/registrations.

Tradable asset classes: Forex (major, minor, and exotic pairs), indices (global), commodities (metals and others), cryptocurrencies (35+ pairs).

Crypto instruments available: Over 35 pairs including BTC/USD, ETH/USD, SOL/USD, BNB/USD, XRP/USD, ADA/USD, AVAX/USD, DOT/USD, LINK/USD, LTC/USD, DOGE/USD (listed as XDG/USD), MATIC/USD, NEAR/USD, UNI/USD, and others.

Account sizes offered: $5,000, $10,000, $25,000, $50,000, $100,000, $200,000.

Account merging (funded phase only):

• 2x $5,000 = $10,000 funded account
• 2x $25,000 = $50,000 funded account
• 2x $50,000 = $100,000 funded account
• 2x $100,000 = $200,000 funded account
• Merging is limited to two accounts at a time. Both accounts must have identical add-ons (same profit split percentage, same payout frequency, same platform). Merging is only possible before the first trade is placed on the funded account or after a payout. Action is irreversible.

Additional Rules

Stop loss: Not mandatory. No requirement to place a stop-loss order, and no time window after opening a trade in which a stop-loss must be set. Use of a stop-loss is strongly recommended as a risk management tool.

Minimum holding time: No minimum holding time is enforced. However, tick scalping is not allowed, and the firm recommends avoiding closing too many trades in very short periods.

Swap-free add-on: Available for purchase at checkout. Eliminates overnight and weekend swap fees. Must be selected at the time of challenge purchase; cannot be added retroactively.

Add-ons available at checkout:

• Bi-weekly payout (payouts every 14 days)
• Weekly payout (payouts every 7 days)
• 90% profit split
• Swap-Free

Platform switching: Available through the dashboard. Traders may switch platforms if they selected the wrong one, without needing a refund.

BrightFunded Tokens (Trade2Earn program): Tokens are earned based on trading volume on both challenge and funded accounts.

• Forex, Indices, Commodities: 0.2 tokens per $100,000 traded volume
• Crypto: 0.2 tokens per $20,000 traded volume Token allocation per lot is reviewed quarterly and may change. Tokens can be redeemed for trading perks (e.g., lower profit targets, more drawdown). Only one trading perk may be applied per challenge. Tokens can also be redeemed through the dashboard.

Single account policy: One registered email profile per individual. Multiple challenge accounts under a single profile are allowed. Duplicate profiles under different emails are prohibited.

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Account Types / Programs

BrightFunded currently offers three evaluation programs (launched April 13th, 2026 as “BrightFunded 2.0”). Accounts purchased before April 13th, 2026 are classified as “Original accounts” and operate under legacy rules (see above).

2-Step Bright:

• Structure: 2 evaluation phases
• Phase 1 profit target: 8%
• Phase 2 profit target: 5%
• Daily drawdown: 4% of original challenge size (EOD high-watermark method)
• Max drawdown: 8% static (fixed floor, never moves)
• Min trading days: 5 per phase (non-consecutive)
• No time limit per phase
• Profit split: 80% default (scalable to 90% with add-on, 100% from 3rd scale-up)
• 15% evaluation profit reward available (see Payout Policy)

2-Step Classic:

• Structure: 2 evaluation phases
• Phase 1 profit target: 10%
• Phase 2 profit target: 5%
• Daily drawdown: 5% of original challenge size (EOD high-watermark method)
• Max drawdown: 10% static (fixed floor, never moves)
• Min trading days: 5 per phase (non-consecutive)
• No time limit per phase
• Profit split: 80% default (scalable to 90% with add-on, 100% from 3rd scale-up)
• 15% evaluation profit reward available

1-Step:

• Structure: 1 evaluation phase
• Phase 1 profit target: 10%
• Daily drawdown: 3% of original challenge size (EOD high-watermark method)
• Max drawdown: 6% trailing (follows high-water mark; locks at original balance once equity grows 6% above initial balance)
• Min trading days: 5 (non-consecutive)
• No time limit
• Profit split: 80% default (scalable to 90% with add-on, 100% from 3rd scale-up)
• 15% evaluation profit reward available

Swap-free (Islamic) accounts: Available as an add-on at checkout for any plan. Available at both challenge and funded stages (the add-on must be selected at the time of purchasing the challenge; it carries through to the funded account). How to request: select at checkout.

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Challenge Fee Policy

Fee structure: A one-time payment at the time of challenge purchase. No recurring monthly or annual fees. The challenge fee is the only mandatory payment.

Fee refund policy: Refunds are available if no trades have been executed on the account, and the refund request is submitted within 30 days of the purchase date. Refund is processed within 48 hours; funds arrive within 3 to 10 business days depending on payment method. Requests must be submitted through customer support live chat.

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Commissions and Spreads

Commissions in BrightFunded’s simulated environment:

• Currency pairs (forex): $3 per lot
• Indices: $0 (commission-free)
• Crypto: 0.024% per volume (0.012% per side)
• Commodities: 0.0010% per volume

These rates apply to both challenge and funded accounts (conditions are intentionally kept identical).

All information about the full spread schedule can be found here:

The full spread schedule is available within the platform under instrument specifications. For DXTrade: double-click an instrument in the watchlist, click Instrument Info, check the Overnight Rate column. For cTrader: navigate to Symbol Info in the sidebar. For MT5: right-click an instrument in Market Watch, select Specification, and review Swap Long and Swap Short. Swap fees are displayed in pips; a swap fee calculator is available at https://docs.google.com/spreadsheets/d/1pI15Iuqq7yLjuvikxSmM4ZIr18mYr-mS9zrM2QTzVDk/edit

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Payout Policy

BrightFunded terminology: Payouts are referred to as “Reward Splits” or “performance rewards.”

Profit split (default): 80% to the trader, 20% to the firm.

Profit split add-on: 90% to the trader, available as a paid add-on selected at checkout.

Profit split via scaling plan: Reaches 100% from the 3rd scale-up onward.

First payout timing: Available after 30 days from the date of the first trade placed on the funded account.

Add-on payout cycles:

• Bi-weekly add-on: payouts every 14 days
• Weekly add-on: payouts every 7 days

Minimum payout amount: No minimum. A funded account profit of $0.01 is sufficient to request a reward split.

Open positions at time of payout: All trades and pending orders must be closed before requesting a payout.

Payout processing time: Finance team processes payouts within a maximum of 1 day. Additional time may be required depending on the bank or crypto network.

Payout methods:

• Cryptocurrency: USDC on the ERC-20 network
• Bank transfer: processed in Euros (€)

Processing fees (not charged by BrightFunded directly):

• Blockchain network (gas) fees are deducted automatically by the network.
• Payment provider fees (crypto processor or bank) may apply. These can range between $5 and $50 in most cases, and rarely higher.
• BrightFunded states it has no involvement or financial benefit from third-party fees or currency conversion rates.

15% Evaluation Profit Reward (applicable to all current plans, effective January 3rd, 2026):

• After a trader reaches at least 10% cumulative growth on their funded account(s) and requests their first payout, 15% of the profits generated during the evaluation phases (Phase 1 + Phase 2 combined) is credited as a bonus added to the starting balance of the next funded account issued.
• Growth may be combined across multiple funded accounts within the same linked account chain (original funded account plus post-payout new funded accounts). Growth from entirely separate funded account chains cannot be combined.
• The bonus is withdrawable with the next payout. A single trade must be placed to activate the payout cycle on the new funded account.
• To receive the bonus, the trader must contact support to request it; it is not applied automatically.
• Example: $100,000 account, $13,000 earned across Phase 1 + Phase 2. Bonus = 15% of $13,000 = $1,950. New funded account starts at $101,950.

Payout request process: Available through the Payout Section of the BrightFunded dashboard at https://www.brightfunded.com/payouts.

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Scaling Plan

Eligibility criteria:

• Review period: 4 consecutive months calculated from the date of the first executed trade on the funded account. If the objective is not met within 4 months, all parameters reset and a new 4-month evaluation period begins.
• Profitability requirement: profitable in at least 2 of the 4 months, with a minimum total profit of 10% over the full 4-month period.
• Payout requirement: minimum of 2 successful payout transactions processed on the funded account.
• Balance requirement: at the time of the scale-up, the funded account balance must be at breakeven or above.

Scale-up increment: 30% of the original account size per qualifying cycle. Example: a $100,000 funded account scales to $130,000 at the first qualifying scale-up.

Profit split progression:

• Default: 80% trader
• With 90% add-on: 90% trader
• From the 3rd scale-up onward: 100% trader

Maximum account size: No upside limit. The scaling plan has no maximum balance cap. Accounts scale infinitely as long as the trader meets the criteria.

Process: Not automatic. The trader must contact support to request the scale-up.