GoatFundedTrader Updates Copy Trading Rules and Reduces Minimum Trade Duration
Lark Funding Clarifies Risk and Breach Rules for 1-Step Max Accounts
ThinkCapital Updates Bolt Instant Funding with New Pricing and $100K Account
FundingTraders Updates FT Instant Account Rules
FinotiveFutures Updates 25K 1-Step Challenge Conditions
TopOneFutures Integrates WealthCharts as a New Trading Platform
Upcomers Launches Horizon and Odyssey: New Challenges Without Consistency Rules
FundedFuturesFamily Launches Three New "Lab" Straight to Funded Plans
Halcyon Trader Funding Launches Halcyon Arena: Session-Based Futures Competitions
PipFarm Wins Legal Battle Against Ana Skenderska in Singapore Courts
Instant Funding Launches IF Micro Lite: Instant Funding with Launch Discounts
BlueGuardian Updates Futures Withdrawal Process for Faster Payouts
Finotive Announces October Upgrade with Simplified Rules and Finotive Pay Enhancements
HyperticksFutures adds TradeSea platform for futures tradersLark Funding Launches 1-Step Max Program with 12% Static Drawdown
BrightFunded
- Country
- United Arab Emirates
- Founded
- 2023
- Profit split
- 80%
- Payouts every
- 7 days
- Max allocation
- $400K
- Platforms
- MT5, cTrader, DXtrade
BrightFunded 4.4 BrightFunded: News and updates
BrightFunded Launches Free $1,000 Challenge with Real Payouts
BrightFunded has announced the launch of its new Free $1,000 Challenge, an initiative designed for traders to experience their trading environment without any initial investment. This single-step challenge allows users to access an evaluation account completely free of charge, with no bank details or setup fees required. Challenge Details and Requirements To activate the account, interested traders must complete two simple steps from their user dashboard: Verify their phone number via WhatsApp. Complete a 2-minute profiling survey. Once these steps are finished, the trader receives immediate access to the $1,000 account. Key Features Single-Step Structure Unlike traditional two-phase evaluations, this challenge is completed in a single step (1-Step), simplifying the path to reaching funded status. Real and Uncapped Payouts Despite being a free challenge, BrightFunded offers real cash rewards. Generated profits are withdrawable, and according to the firm, payouts are processed in less than 24 hours, in line with its recent Revolut partnership. There are no maximum limits (uncapped) on the profits a trader can earn. Risk-Free Environment This model allows operators to test their strategies and get to know the BrightFunded platform in a zero-risk environment, removing the financial barrier to entry for new users.
BrightFunded Announces Official Partnership with Revolut and Integration of Revolut Pay
BrightFunded partners with Revolut to integrate Revolut Pay, streamlining transactions and enhancing the operational infrastructure for its traders.
BrightFunded Expands Crypto Offering with 16 New Trading Pairs
BrightFunded expands its offering with 16 new crypto pairs, enhancing market depth and diversification opportunities for its trading community.
BrightFunded Launches Three New Tailored Challenge Plans for Traders
Major BrightFunded Update: Three New Tailored Challenge Plans for Traders BrightFunded announces a complete overhaul of its challenge programs, introducing three new distinct paths designed to accommodate various trading styles. This significant update replaces the previous structure, offering traders more personalized options to achieve a funded account. Customization: BrightFunded's New Philosophy The platform now offers a selection of three distinct challenges, allowing traders to choose the path that best fits their strategy and risk preferences. This initiative aims to move away from a "one-size-fits-all" approach and empower traders with flexibility and choices for their funding goals. Details of the New Challenge Plans 1-Step Challenge: The Fast Track This plan is designed for traders who aim to reach a funded account as quickly as possible, featuring a single evaluation phase. Evaluation Phases: 1 phase Profit Target: 10% Daily Drawdown Rule: 3% (calculated as the higher value between equity and balance at the start of the day). Example: On a $100,000 account, the daily loss limit is $3,000. Maximum Drawdown Rule: 6% trailing (dynamic). This limit follows the highest equity ever reached (high-water mark) and locks in place once the equity reaches 6% above the initial balance. Profit Share: 15% 2-Step Bright Challenge: Balanced Conditions This entry-level option offers a balance between achievable profit targets and drawdown rules that provide sufficient room to trade with confidence. Evaluation Phases: 2 phases Phase 1: 8% profit target Phase 2: 5% profit target Daily Drawdown Rule: 4% (calculated as the higher value between equity and balance at the start of the day). Example: On a $100,000 account, the daily loss limit is $4,000. Maximum Drawdown Rule: 8% static. The limit is fixed from the start based on the original account balance and does not move. Profit Share: 15% 2-Step Classic Challenge: Greater Flexibility Built for traders who prefer working with wider targets and a larger drawdown buffer, offering more flexibility for their strategy. Evaluation Phases: 2 phases Phase 1: 10% profit target Phase 2: 5% profit target Daily Drawdown Rule: 5% (calculated as the higher value between equity and balance at the start of the day). Example: On a $100,000 account, the daily loss limit is $5,000. Maximum Drawdown Rule: 10% static. The limit is fixed from the account's initial balance and does not change throughout the evaluation. Profit Share: 15% Understanding Drawdown Rules Daily Drawdown (DD) The daily limit is calculated based on the higher value between your equity and balance at the start of the day. Your account's equity (closed positions + floating PnL) must not reach this maximum daily loss limit. Maximum Drawdown (DD) Trailing (Dynamic): Used in the 1-Step plan. It follows the "high-water mark" (the highest equity ever reached). As your equity grows, the minimum threshold rises with it. However, once the equity reaches 6% above the initial balance, the limit locks in place and stops moving. Static: Used in the 2-Step Bright and 2-Step Classic plans. It is fixed from the start based on the original account balance and does not move, providing a constant absolute limit. Transition from the "Original" Plan BrightFunded's previous structure, now labeled "Original," will remain available for a limited time to support existing users. Upon updating, users will automatically transition to the new Challenge structure. For any questions or assistance in choosing the right option, BrightFunded's support team is available to help.
BrightFunded Unveils Permanent 15% Evaluation Profit Reward
BrightFunded has announced a new permanent feature for its traders. Effective immediately, all challenges from the firm will now include a "15% Evaluation Profit Reward." This initiative aims to acknowledge and reward traders' hard work from day one. This reward means traders not only work towards getting funded but also earn profits during the evaluation phase. The 15% of profits generated in this stage will be kept by the trader, making every challenge more rewarding from the start. The integration of this reward is permanent, requiring no promo codes or limited-time offers. It applies across all challenge levels and sizes, allowing traders to earn more as they demonstrate their capabilities.
BrightFunded: MetaTrader 5 Switching Now Available
BrightFunded has announced a key new feature for its users. Traders can now switch their trading platform to MetaTrader 5 (MT5). This update enhances flexibility, complementing the existing ability to switch between DXtrade and cTrader. The company aims to offer greater freedom in choosing trading tools. To switch to MetaTrader 5, users should access the 'Challenge Metrics' section within their Dashboard. From there, simply click 'Upgrade' and select the desired platform.
BrightFunded officially launches MetaTrader 5
BrightFunded announces the official launch of MetaTrader 5 (MT5) as a trading platform for its users. MT5, the most popular platform among traders, offers a wide range of tools, ease of use and highly reliable operation.
BrightFunded Modifies Daily Drawdown Calculation Starting September 22nd
BrightFunded announces a change to the daily drawdown calculation for its 2-step challenge, effective Monday, September 22nd at 11:00 AM CET. The new calculation will be the greater of the end-of-day equity or end-of-day balance, minus 5% of the initial account balance. This adjustment aims to optimize the monetization of top-performing traders and encourage timely profit-taking. Accounts purchased before the specified date and time will remain under the old calculation; those purchased afterward will follow the new one.
BrightFunded Adds PayPal as Payment Method
BrightFunded announces the addition of PayPal as a new payment method for its users. This option, now available, expands existing payment alternatives, offering greater convenience and flexibility to investors and traders using the platform.
