BrightFunded Modifies Daily Drawdown Calculation Starting September 22nd
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.
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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 has formalized a strategic alliance with the financial technology giant Revolut. This collaboration marks the beginning of a deep integration between both platforms, designed to optimize the operational infrastructure for traders. Implementation of Revolut Pay The first milestone of this partnership is the launch of Revolut as the official payment partner. Moving forward, the Revolut Pay option is available across the entire BrightFunded platform, allowing for more agile and direct transaction management. Future Features and Roadmap This integration is the starting point for a series of joint developments planned for the coming months. The goal of the alliance is to set new standards in the prop trading industry through: The development of integrated financial tools. Launches of exclusive technical features for the firm's users. Optimization of capital flows between the trading platform and the Revolut ecosystem.
BrightFunded Expands Crypto Offering with 16 New Trading Pairs
BrightFunded has announced a significant expansion of its trading ecosystem by integrating 16 new cryptocurrency assets. This update aims to provide traders with increased market depth and more diversification opportunities within the digital asset space. New Assets Available for Trading The platform has added a diverse range of tokens, including established projects, infrastructure protocols, and metaverse-related assets. The newly supported pairs are: Monero (XMR) and Bitcoin Cash (BCH) Ethereum Classic (ETC) and Hedera (HBAR) Internet Computer (ICP) and VeChain (VET) Avalanche (AVAX) and Cosmos (ATOM) Decentraland (MANA) and The Sandbox (SAND) The Graph (GRT) and Pyth Network (PYTH) MultiversX (EGLD) and Tezos (XTZ) Compound (COMP) and Synthetix (SNX) Strategy and Risk Management Traders can now access these markets through the BrightFunded dashboard to execute their strategies. The firm encourages users to maintain strict risk management protocols while exploring these new high-volatility instruments.