BrightFunded
BrightFunded B.V. · Founded 2023-09-01 · Dubai, United Arab Emirates
Min. Funding
€10,000.00
Max. Initial Funding
€200,000.00
Default Split
80% / 20%
Payout Cycle
Every 14 days
Platform Withholding Tax
0%
Min. Payout
$50.00
Scaling Cap
€400,000.00
Payouts are processed bi-weekly (every 14 days) after the first trade on the funded account.
Withdrawal Channels
Supported payout methods, limits and processing times for this firm.
Rise
E-Wallet
- Min.
- $50.00
- Max.
- No max
- Processing
- 0–1 business days
- Fee
- No fee
Fastest and most recommended payout method for global traders.
Crypto (USDT)
Crypto
- Min.
- $50.00
- Max.
- No max
- Processing
- 0–1 business days
- Fee
- No fee
Payouts sent directly to your crypto wallet.
Bank Transfer
Bank Wire
- Min.
- $100.00
- Max.
- No max
- Processing
- 1–3 business days
- Fee
- No fee
Standard bank wire transfer. Processing times depend on your local bank.
Pros & Cons
Pros
- Up to 90% profit split with scaling
- No minimum trading days on evaluation phases
- Refundable registration fee on first payout
- Fast payout processing within 24 hours
Cons
- Relatively new firm (founded in 2023)
- Strict consistency and drawdown rules apply
Payout Calculator
Choose the firm and split tier, enter your challenge amount and expected profit to preview your take-home payout.
Estimated take-home
$6,400.00
About 4.00% of the challenge amount
- Other platform deduction
- $0.00
- Trader share (80%)
- $6,400.00
- Firm retains
- $1,600.00
- Platform withholding tax
- $0.00
- Payment processor fee
- $0.00
- Withdrawal fee
- $0.00
Rules & Restrictions to Watch
All accounts trade simulated capital, and rules can change without notice. Always confirm the current terms directly on the firm's official website before purchasing or requesting a withdrawal.
- Breaching daily or maximum drawdown limits will result in immediate account termination.
- Using prohibited trading strategies such as latency arbitrage or high-frequency trading is strictly forbidden.
- Payouts may be delayed if trade verification flags suspicious activity.
Frequently Asked Questions
How do payouts work at BrightFunded?
BrightFunded processes payouts on a bi-weekly basis (every 14 days) after your first trade on the funded account. The default profit split is 80% in favor of the trader, which can scale up to 90% if you qualify for the scaling plan. Payout requests are typically processed within 24 hours.
What are the drawdown limits at BrightFunded?
BrightFunded enforces a 5% daily drawdown limit and a 10% maximum drawdown limit. The daily drawdown is calculated based on the previous day's ending balance or equity (whichever is higher) at midnight CE(S)T. Exceeding these limits will result in immediate account breach and termination.
Is the challenge fee refundable?
Yes, the registration fee you pay for the BrightFunded challenge is fully refundable. It will be added to your very first successful payout once you reach the funded stage and complete your first profitable trading cycle.
What payout methods are supported by BrightFunded?
BrightFunded supports multiple payout methods to ensure convenient withdrawals. These include Rise (for global bank transfers and e-wallet payouts), direct Bank Transfers, and popular Cryptocurrencies such as USDT. Payouts are processed quickly, often within 24 hours.
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