BrightFunded - Reviews and overview 2025
- Trust level:
- Neutral
- Min. price
- $55
- Year founded
- 2023
- Country of registration
-
UAE
- Max. account balance
- $200000
- Terminal
- cTrader, DXtrade, MT5
- Reviews BrightFunded:
- 0 0 1
- News Trading
- Yes
- Swing Trading Allowed
- Yes
- EAs Trading Allowed
- Yes
- Refund
- No
- Payment
- Crypto, Credit card, Google Pay, Apple Pay, PayPal
- Withdrawal:
- -
- Shopper's status:
- Registration
The mystery shopper assessment is general. There were no purchases of challenges, trading on a demo account, trading on simulation accounts, or withdrawal of funds. We recommend paying attention to those companies where the mystery shopper has performed a more in-depth check of the propcompany.
General advantages BrightFunded
- No time limit for completing the challenge.
- Loyalty program “Trade2Earn,” which allows traders to receive bonuses for any activity on the account — even for failed trades.
- Withdrawal of funds in cryptocurrency is available.
General disadvantages BrightFunded
- High challenge fees compared to competitors.
- Only one type of challenge (two-step evaluation).
- No instant funding programs.
Trader Support and Feedback
- Declared communication channels:
-
Email • Although the email address is listed on the company’s website as an official communication channel (section “Contacts”), no response was received to my email request.
Online chat • Available. Works promptly. Replies are provided by a support representative.
Knowledge base • Available. The search function works correctly.
- Claims about support:
-
It is recommended to contact support via online chat, as the email listed on the website is not an efficient communication channel.
- Claims to the knowledge base:
-
None.
- Alternative support channels:
-
BrightFunded is represented on social media platforms such as Discord, Instagram, X (Twitter), Telegram, and YouTube.
BrightFunded also runs its own YouTube channel, providing traders with a variety of prop trading-related content. The channel features interviews with successful traders, platform reviews, and trading strategies.
Restrictions, fines, blocking
- Blocking for account inactivity:
-
The company follows the “30-day rule” — if no trades are opened within this period, the account may be deactivated. This rule applies to all account types, including Phase 1, Phase 2, and Funded Accounts.
- Single IP rule:
-
The company allows traders flexibility. “We understand that freedom of movement is a key aspect for a trader. Therefore, the use of VPN/VPS or other IP addresses while traveling is permitted,” states BrightFunded’s policy.
- Overnight position:
-
Allowed — both overnight and over the weekend.
- Copy trading:
-
At BrightFunded, copy trading is allowed only between the trader’s own accounts. You can copy trades between your BrightFunded accounts or from accounts in other companies, provided all these accounts belong to you.
Signal services and signal groups are also prohibited if they are used by other traders besides you. It’s worth noting that BrightFunded has an entire system for detecting “trade pattern similarity.” The company uses automated tools to monitor similarities in trading patterns such as trade opening/closing times, position sizes, instruments, etc. If accounts appear suspiciously similar, they may be flagged for review.
- Use of VPN and VPS:
-
Allowed.
- Prohibited trading practices:
-
- Hedging Rule: Opening opposite positions on the same instrument simultaneously is prohibited.
- Exploiting Service Errors or Platform Delays: It is forbidden to intentionally exploit platform glitches or lags for profit.
- Using External or Delayed Data Feeds: Trading based on external or outdated quotes is prohibited.
- Coordinated or Multi-Account Manipulation: Manipulating the market or creating fake activity through multiple accounts is not allowed.
- Violating Platform or Provider Terms: Any actions that contradict the broker’s or data provider’s rules are prohibited.
- Use of Automated Software, AI, or High-Speed Trading Tools: Automated bots, scripts, HFT, and ultra-fast scalping are not allowed.
- Trading During High-Impact News or Events: Opening or closing trades within ±5 minutes of a major news release is prohibited.
- Risk-Abusive Trading: Excessive leverage, large exposure, one-sided bets, or account flipping are forbidden.
- Abusive Strategy Types: Grid Trading, Arbitrage, Tick Scalping, High-Frequency Trading (HFT).
- Claims to blocking conditions:
-
None.
Convenience of the personal account
- Informativeness of the personal account:
-
When purchasing a challenge, the account dashboard shows the account balance, platform selection, and additional options. However, information about drawdowns and other conditions is not displayed.
- Correspondence of information on the site with the Personal Account:
-
The information matches.
- Navigation and usability:
-
The navigation and usability of the BrightFunded personal account are well-designed. The menu includes the following sections:
- Dashboard – main activity overview.
- Profile – trader’s profile.
- Earn – earnings information.
- Accounts Overview – overview of all accounts.
- Payouts – withdrawals.
- Contracts – contracts.
- Affiliate Portal – partner portal.
- Trading Academy – educational section.
- Billing – billing and payments.
- Trading Platform – access to the trading terminal.
- Contact Us – contact support.
All sections are active, providing full access to platform functions and allowing traders to manage accounts, track earnings, learn, and contact support conveniently without unnecessary restrictions.
Negative Reviews Online
One of the negative reviews mentions an account being blocked after the first withdrawal. The trader was banned for the “excessive risk” of their trading style, lost access to the dashboard, and was removed from Discord, even though they did not exceed limits or violate any rules.
Another negative review highlights the company’s lack of transparency and policy changes without prior notice, which resulted in the trader losing all funds and calling the firm “a scam.”
Opinion of the Mystery Shopper
BrightFunded attracts traders with relatively flexible trading conditions, active support, and the ability to scale accounts without restrictions. However, like any other prop firm, BrightFunded has its drawbacks. Some traders report price slippage and technical issues on the platform, which can affect trade execution quality. Overall, BrightFunded suits disciplined traders focused on long-term stability, but it may not be ideal for those seeking maximum flexibility and a quick start with large capital.
Is the company suitable to be recommended for cooperation?
At your discretion — the company is suitable for traders ready to account for technical nuances and platform limitations.
Proofs:
I recently completed the 2-step evaluation with BrightFunded and got funded in early July. The whole experience felt very trader-friendly. Targets are reasonable — 8% on Phase 1, then just 5% on Phase 2, both with a 5% daily and 10% overall drawdown. Plus, there’s no time limit, which honestly took a lot of pressure off.
I liked that I could trade news freely during the challenge. I held through CPI and NFP without any issues — no violations, no slippage drama. Just solid execution. They only tighten up news rules after you get funded, which makes sense. You’ve gotta respect the risk once it’s real money.
Only downside: scaling is a bit slow. You need 10% profit in 4 months to qualify — would've loved something a bit more dynamic. But hey, better than firms that ghost you after you pass.
Payout was fast, too. Got it in 3 business days. Overall, they’re not flashy, but solid and reliable. Worth checking out if you're tired of gotcha rules elsewhere.