Guaranteed 24-hour payouts, up to 100% profit split, and no consistency rule across all challenge plans.
8.8/5(200 trader reviews)
United Arab Emirates
2023 years
Forex
Crypto
Indices
Metals
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BrightFunded is a forex prop trading firm founded in 2023 and headquartered in Dubai, UAE. BrightFunded is a Dubai-based proprietary trading firm offering three challenge models: 1-Step, 2-Step Bright, and 2-Step Classic. With 50,000+ funded traders and a guaranteed 24-hour payout SLA, BrightFunded is one of the fastest-paying prop firms in the market. Profit splits reach up to 100% with no consistency rule … Traders can earn up to <strong>Up to 100%</strong> profit split on accounts up to $400K. Payouts are processed 24 hours.
Challenge Requirements
Phase 1 Target
8%
Phase 2 Target
5%
Min Trading Days
5
Max Daily Loss
4%
Max Total Loss
8% Static
Consistency Rule
None
Available Challenge Types
2-step
Trading Rules & Strategy Flexibility
Expert Advisors (EAs)
Copy Trading
News Trading
Weekend Holding
Hedging Strategies
Scalping
Swing Trading
High Frequency Trading
Trading Conditions
Max Lot SizeUnlimited
Max PositionsUnlimited
Min Hold TimeNone
Leverage1:100
Commission$3/lot
Swap FreeNo
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Up to $300K
Up to 90% Profit Split
Code:
PROPFIRMS
Popular Challenges
1-Step Challenge
$100,000 Account
$585
1-step
Profit Target
10%
Profit Split
80%
2-Step Challenge
$100,000 Account
$495
2-step
Profit Target
8%
Profit Split
80%
Understanding BrightFunded Challenge Rules
BrightFunded offers three challenge models: the 1-Step, 2-Step Bright, and 2-Step Classic. The 1-Step requires a 10% profit target with a 3% daily drawdown and 6% trailing maximum drawdown. The 2-Step Bright targets 8%/5% with a 4% daily and 8% static max drawdown. The 2-Step Classic allows 10%/5% targets with a 5% daily and 10% static max drawdown — the most forgiving option. All plans have no time limit and no minimum trading days. Critically, BrightFunded has no consistency rule on any plan — a significant differentiator from most competitors. Weekend holding, EAs, and copy trading are all permitted. Platforms include MT5, cTrader, and DXtrade. BrightFunded offers a guaranteed 24-hour payout SLA — one of the fastest in the industry. Profit splits reach up to 100%. Use promo code PROPFIRMS for 20% off.
How the BrightFunded Drawdown Works
BrightFunded uses a trailing drawdown on its 1-Step and static drawdowns on both 2-Step plans. On the 1-Step, the 6% trailing floor rises with the highest balance — once profits reach 6%, the floor locks at starting balance, eliminating further downside risk. The 3% daily drawdown on the 1-Step is tight — just $3,000 per session on a $100K account — requiring strict position sizing of no more than 1% risk per trade. The 2-Step plans use a static floor: 8% below starting balance (Bright) or 10% (Classic), never adjusting. A key advantage: BrightFunded calculates daily drawdown on balance, not equity — meaning open floating losses do not count until positions are closed. This significantly benefits swing traders holding positions through intraday volatility and makes the 3% daily limit on the 1-Step considerably more manageable in practice.
PropFirmStats Independent Performance Analysis
BrightFunded has established itself as a top-10 prop firm with strong adoption among discretionary traders who value the absence of a consistency rule. PropFirmStats data shows high payout reliability, with the 24-hour payout SLA consistently honoured. The firm's Community score is strong (4.6+ stars) with numerous verified payout proofs shared in the community. Platform diversity across MT5, cTrader, and DXtrade is a practical advantage. The no-consistency-rule approach has attracted algorithmic and momentum traders who generate spiky but profitable returns that would be penalised elsewhere. One commonly noted challenge: the 6% trailing drawdown on the 1-Step requires conservative early trading before building a meaningful buffer.
How BrightFunded Compares to Competitors
BrightFunded is a UK-headquartered prop firm offering three challenge models — 1-Step, 2-Step Bright, and 2-Step Classic — with no consistency rule on any plan, guaranteed 24-hour payout SLA, and profit splits up to 100%.
Vs. FTMO: FTMO requires a 10%/5% target structure with equity-based daily drawdown — more aggressive on intraday floating losses. BrightFunded's balance-based daily drawdown calculation is significantly more forgiving: open floating losses don't count until positions are closed. BrightFunded also has no consistency rule, while FTMO enforces strict news-trading restrictions on funded accounts. For traders who swing trade or hold overnight, BrightFunded's mechanics are considerably friendlier.
Vs. FundingPipsFundedNext: FundedNext offers a 95% profit split versus BrightFunded's 90%, and pays 15% profit share during the challenge phases on some plans. However, BrightFunded's no-consistency-rule policy is a major differentiator — FundedNext's Stellar plans impose inactivity rules and FundedNext restricts news trading on funded accounts. BrightFunded's 24-hour payout SLA is also faster than FundedNext's standard cycle.
Vs. Blue GuardianFinotive Funding: Both firms use balance-based drawdown calculations and have no consistency rule. Finotive Funding pays weekly versus BrightFunded's bi-weekly cycle. BrightFunded's guaranteed 24-hour payout SLA is unique; Finotive's weekly frequency is practical for high-frequency traders. BrightFunded's 2-Step Classic with 10% static drawdown offers the widest risk buffer of the two.
Bottom line: BrightFunded is the strongest choice for traders who value payout speed, no consistency rule, and balance-based drawdown calculation. Use promo code PROPFIRMS for 20% off at brightfunded.com.
Company Overview
Headquarters
Dubai, UAE
Founded
2023
CEO/Founder
Jelle Dijkstra
Total Traders
15,000+
Total Payouts
$14M+
Company Size
50+
Trader Rating
8.8/5
About BrightFunded
BrightFunded is a Dubai-based proprietary trading firm offering three challenge models: 1-Step, 2-Step Bright, and 2-Step Classic. With 50,000+ funded traders and a guaranteed 24-hour payout SLA, BrightFunded is one of the fastest-paying prop firms in the market. Profit splits reach up to 100% with no consistency rule on any plan. The firm's balance-based drawdown calculation is a key differentiator — open floating losses do not count until positions are closed, making the daily limits significantly more forgiving than equity-based competitors. Available on MT5, TradeLocker, and cTrader with assets including Forex, Crypto, Indices, and Metals. Weekend holding and news trading are both permitted with a 5-minute restriction window on funded accounts.