Registered in the Netherlands in September 2023, Bright Funded is a prop firm under the ownership of Jelle Dijkstra. The firm provides a trading environment suitable for all trader types. Te platform offers solid educational resources and a potential for profit share up to 80%.
Bright Funded Prop Firm: Exclusive Coupon Information
We haven’t found any active coupon codes at Bright Funded. They regularly post all coupon codes, discounts and news on their Instagram account. You can come back here to check it out or follow their Instagram account.
Getting to Know Bright Funded Prop Firm
- Bright Funded Corporate Name: BrightFunded B.V.
- Company Street Address: Schoolstraat 2 F, 1054KD, Amsterdam
- Starting Year for Bright Funded Prop Firm: 2023
- Business Location Registry for Bright Funded: Amsterdam, Netherlands.
- Bright Funded Prop Firm’s Ownership Explained: Jelle Dijkstra is owner and CEO
What Trading Platforms Does Bright Funded Offer?
Bright Funded has a trading platform and App. The Bright Funded platform supports Android and iOS devices.
Trading Instruments at Bright Funded Prop Firm
You can trade and do transactions involving crypto, Major Forex pairs, Minor Forex pairs, Exotic Forex pairs, Indices & Commodities including metals and agricultural products.
Payment Methods at Bright Funded Prop Firm
Deposits can be done via Crypto, Bank Transfer, Credit Cards, and iDeal.
Withdrawals can be received via Crypto and Bank Transfer.
Cryptocurrencies that are accepted:
- Bitcoin (through Bitcoin Network)
- Bitcoin (through Lightning Network)
- USDT (through Tron Network)
- USDC (through ERC-20 Network)
- Ethereum (through ERC-20 Network)
- Litecoin (through Litecoin Network)
- Tron (through Tron Network)
- Solana (through Solana Network)
Exploring Account Size Options at Bright Funded
There are six account sizes that are available in USD, EUR, and POUND currencies.
- $5k
- $10k
- $25k
- $50k
- $100k
- $200k
How Bright Funded Prop Firm Shares Profits
Bright Funded offers a profit share structure with a 80% profit share for the trader and the remaining 20% to the firm.
Setting the Bar: Profit Targets at Bright Funded
8% is the profit target for the first challenge step of the challenge. The second step has a 5% profit goal.
Drawdown Rules and Loss Limits at Bright Funded Prop Firm
The Bright Funded Challenge sets a daily loss limit at 5%. The account balance might be reduced by a total of 10%.
Number of Trading Days Allowed
Trading days are unlimited meaning there are no requirements, but a minimum of 5 trading days is a must.
Cost of Entry for Bright Funded Prop Firm’s Challenge
| Account Size | Price |
|---|---|
| 5k | €55 |
| 10k | €95 |
| 25k | €195 |
| 50k | €295 |
| 100k | €495 |
| 200k | €975 |
Fees and Commissions: What to Expect at Bright Funded
Other than the fee you paid for a challenge, there are no other fees. The commission depends on the trading asset:
| Trading Assets | Commission |
|---|---|
| Currency Pairs | $3 per lot |
| Indices | $0 |
| Crypto | 0,024% / Volume (0,012% per side) |
| Commodities | 0,0010% / Volume |
Information on Refunds at Bright Funded Prop Firm
Bright Funded will refund 100% of your fees with your first payout after you finish the evaluation phase and get your first profits.
Free Trials
Bright Funded doesn’t offer free trials or demo versions.
Payout Timeline at Bright Funded Prop Firm
You can request your initial payout 30 days after you activated the Funded Account. Payouts are bi-weekly after the initial Reward split. Use the dashboard for payout requests.
Weighing the Pros and Cons of Bright Funded Prop Firm (According to Trustpilot reviews)
BrightFunded has a good score of 4.⅖ stars on Trustpilot. With over 135 reviews submitted, the total sentiment seems very positive.
- 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 Section
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.
