Risk Warning: Your capital is at risk. 74-89% of retail investors lose money when trading CFDs.
You should consider whether you can afford to take the high risk.
Bright Funded is a prop firm established in the Netherlands in September 2023. The owner is Jelle Dijkstra, an entrepreneur from Amsterdam.
They provide a rewarding trading experience. The platform includes educational resources and 80% profit share.
Bright Funded Coupon Codes
At this time, Bright Funded has no active coupon codes. They post all coupon codes, discounts, and news on their Instagram account. You can look there for upcoming codes.
Trading Platforms at Bright Funded
Bright Funded has its own trading platform and App for trading. You can download it for both iOS and Android devices. It is also compatible with Desktop devices.
What Instruments Does Bright Funded Offer?
You’re able to trade:
- Cryptocurrencies
- Indices
- Commodities like hard metals and agricultural goods
- Major Forex pairs
- Minor Forex pairs
- Exotic Forex pairs
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) |
Leverage
| Trading Instrument | Leverage |
|---|---|
| FX | 1:100 |
| Gold & Commodities | 1:40 |
| Indices | 1:20 |
| Crypto | 1:5 |
Options for Payment at Bright Funded
The available payment options are Crypto and Bank Transfer. To pay, you can use Credit Cards, Crypto, and iDeal.
When paying with cryptocurrencies, be careful when choosing the network through which you send the money. If you send money through a different network, you may lose your funds. Unfortunately, Bright Funded can’t assist you in cases like this.
Here are the Cryptocurrencies you can pay with:
- Bitcoin (Bitcoin Network)
- Bitcoin (Lightning Network)
- USDT (Tron Network)
- USDC (ERC-20 Network)
- Ethereum (ERC-20 Network)
- Litecoin (Litecoin Network)
- Tron (Tron Network)
- Solana (Solana Network)
Different Account Sizes at Bright Funded
Bright Funded offers six different account sizes also available in the USD, EUR, and POUND currencies.
- $5k
- $10k
- $25k
- $50k
- $100k
- $200k
Bright Funded Approach to Profit Sharing
The profit share at Bright Funded is 80:20. You get 80% of the profit, while the company gets the remaining 20%.
Profit Goals at Bright Funded
You’ll need to reach an 8% profit goal in the first step of the challenge. In the second step, you’ll need to reach a 5% profit goal.
Bright Funded: Loss and Drawdown Limits
For the Bright Funded Challenge, the maximum daily loss limit is 5%. The maximum total loss you can have is 10% of the account balance.
Bright Funded Minimum/Maximum Trading Day Requirements
There is a minimum of 5 trading days. You’re not limited regarding the maximum number of trading days.
Contact Bright Funded
Reach Bright Funded via:
- Email: [email protected]
- https://twitter.com/BrightFunded
- https://www.instagram.com/brightfunded/
Cost of Joining Bright Funded Challenge
Bright Funded has one 2-step challenge with six account sizes available. The first step of the challenge is called “The Challenge”. The second step is considered “The Verification”. Bright Funded doesn’t have a consistency rule. The Leverage depends on the instrument used:
| Account Size | Price |
|---|---|
| 5k | €55 |
| 10k | €95 |
| 25k | €195 |
| 50k | €295 |
| 100k | €495 |
| 200k | €975 |
Understanding Fees and Commissions at Bright Funded
Bright Funded doesn’t charge any additional fees besides the one you pay by purchasing a challenge. The commissions depend on the trading instrument you choose.
| Trading Instruments | Commission |
|---|---|
| Currency Pairs | $3 per lot |
| Indices | $0 |
| Crypto | 0,024% / Volume (0,012% per side) |
| Commodities | 0,0010% / Volume |
Are Fees at Bright Funded Refundable?
Yes, you’ll get a 100% refund with your first payout.
Trial Periods Available at Bright Funded
Bright Funded doesn’t have a trial period.
Frequency of Payouts
After placing your first trade in your Funded Account, you can request your first payout after 30 days. Subsequent payouts are done bi-weekly following the initial reward split. Payout requests can be made through the dashboard.
Pros vs. Cons based on Trustpilot reviews
- Good customer support
- Bi-weekly payouts
- No swap fees feature is available
- Platform sometimes lags
Bright Funded FAQ
There are no country restrictions.
Traders pay a swap fee, or rollover fee, as interest for holding a position overnight, calculated daily at 00:00 CET.
Yes, you can.
You will trade with the same balance in your Funded Account as you did in the Challenge. If your Challenge account was $200k, your Funded Account will be $200k too. Consistent profits will result in more capital under the scaling plan.
