How do the challenges work at BrightFunded for traders seeking funding?
💡 Answer
BrightFunded runs a 2-phase evaluation with unlimited trading time:
- Phase 1 (Challenge): 8% profit target, 5% daily permitted loss, 10% max loss, minimum 5 trading days.
- Phase 2 (Verification): 5% profit target, 5% daily permitted loss, 10% max loss, minimum 5 trading days.
After passing Phase 2, traders complete KYC via SumSub and a security check (typically 1–2 business days; can extend depending on volume) before the Funded Star account is activated and the trader contract is issued digitally.
See the complete evaluation structure and pass rates at BrightFunded official website.
More FAQs about BrightFunded
- What trading strategies are allowed or restricted at BrightFunded, including EAs, news trading, weekend trading, and copy trading?
- How do payments and refunds work at BrightFunded?
- How does BrightFunded handle trader withdrawals in terms of payout limits, timing, and payment options?
- What is the highest profit split percentage available at BrightFunded?
- What asset classes does BrightFunded support for trading?
- How much leverage is available at BrightFunded for FX, indices, metals, and crypto assets?
- What are the supported trading platforms at BrightFunded, and who is the broker behind them?
- What are the spread, commission, and slippage conditions for traders at BrightFunded?
- What trading practices are restricted at BrightFunded, including rules on martingale and lot size limits?
- What drawdown structure does BrightFunded follow for traders?
- Does BrightFunded apply any consistency or risk-based trading rules?
- Which evaluation or funding programs are available at BrightFunded?
- What is the funding limit at BrightFunded, and does the firm allow traders to scale their accounts?
- What is BrightFunded's Trustpilot rating and total review count right now?
- Does BrightFunded offer 2-phase, 1-phase, or instant funding programs?
- What should traders know about account limits at BrightFunded, such as max accounts, merging rules, and lot size limits?
- Does BrightFunded enforce identity verification, and when is KYC performed?
- Are traders from all countries allowed at BrightFunded, or are there restrictions?
Guides Where BrightFunded Is Featured
- Prop Firms Offering Crypto Trading
- Prop Firms With DXtrade Platform
- Top Prop Firms That Accept Clients From Armenia
These guides include BrightFunded alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
BrightFunded vs Goat Funded Trader vs Trade The Pool - Prop Firm Comparison (September 2026)
Side-by-side comparison of BrightFunded vs Goat Funded Trader vs Trade The Pool. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated September 2026.
|
BrightFunded
BrightFunded (Bright Global FZCO) is a Dubai-based prop firm offering an unlimited-time, 2-phase evaluation (8% then 5% targets) with 5% daily and 10% max loss limits, trading on cTrader, DXtrade and MT5 with up to 1:100 FX leverage, and Funded...
|
Goat Funded Trader
Goat Funded Trader offers 1‑step, 2‑step, 3‑step, Blitz and instant funding evaluations with static or trailing drawdowns up to 5% daily and 10% overall, scaling capital up to $2 million with profit splits starting at 80% and upgrades to 95–100%...
|
Trade The Pool
Trade The Pool is a stock-focused prop firm operated by Five Percent Online Ltd (Trade The Pool is the brand) that evaluates traders on one-step Day Trade and Swing programs, provides access to thousands of US stocks and ETFs on...
|
|
|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 0 | 0 | 4.5 |
| Trustpilot Reviews | 0 | 0 | 836 |
| Headquarters | United Arab Emirates | Saint Lucia | Israel |
| Age (Years) | N/A | 4 | N/A |
| Max Funding | $400,000 | $2,000,000 | $450,000 |
| Profit Split Start | 80% | 80% | 70% |
| Profit Split Max | 100% | 100% | 80% |
| Platforms | MT5 cTrader DXtrade | MT5 cTrader Match-Trader TradeLocker Volumetrica | Traderevolution |
| Assets | FX Commodities Indices Crypto | Forex pairs; CFD indices; metals; commodities; stocks; cryptocurrencies | Stocks ETFs |
| Leverage | |||
| FX Leverage | 100 | 100 | 0 |
| Metals Leverage | 40 | 100 | 0 |
| Crypto Leverage | 5 | 2 | 0 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | 5 | 5 | Daily Pause (Max Daily Loss)Trade The Pool controls daily risk using a Daily Pause threshold. If the Daily Pause is hit, the account is disabled for the remainder of the trading day (with recalibration at the start of the next day).Current program parameters on the public program page show:Day Trade: 2% Daily Pause on FLEX and 1% Daily Pause on MAX.Swing: 3% Daily Pause (FLEX and MAX). |
| Max Total Loss | 10 | 10 | Max Loss (Maximum Overall Loss)Each account type has a lifetime Max Loss limit (overall drawdown from the starting level):Day Trade: 4% Max Loss on FLEX and 3% Max Loss on MAX.Swing: 7% Max Loss (FLEX and MAX).On funded accounts, Trade The Pool also applies a buffer rule: once equity reaches 3× the Daily Pause, the account’s max drawdown is moved up to the initial balance (falling below it can terminate the account). |
| Drawdown Type | Drawdown ModelBrightFunded’s drawdown approach uses an end-of-day (EOD) high-watermark logic for daily risk: the daily permitted loss is always 5% of the challenge size, and the next day’s breach level is set using the highest balance or equity recorded at the end of the prior day. The daily loss resets during the rollover window (roughly 23:30–23:59 CET).Across the evaluation phases, the account must also respect a 10% maximum loss limit; breaching either the daily or max-loss thresholds invalidates the account. | Static for 1‑step, 2‑step and 3‑step evaluations; trailing for GOAT Blitz and instant funding; daily drawdown resets at 5 PM EST | Drawdown ModelTrade The Pool’s primary risk model is static (starting-level) drawdown, implemented via (1) a Daily Pause (daily loss allowance) and (2) a Max Loss (overall loss limit). These limits are expressed as percentages of buying power for each program.For funded accounts, an additional protective rule can effectively tighten drawdown after strong performance: once equity reaches 3× the Daily Pause, the max drawdown line is moved up to the initial balance. |
| Payouts | |||
| Payout Frequency | Payout FrequencyOn Funded Star accounts, BrightFunded allows the first reward split request 30 days after the first trade. After the first payout, reward splits can be requested bi-weekly (every 14 days). Optional add-ons at checkout can enable weekly payouts (every 7 days) and/or an instant 90% profit split upgrade. | Bi‑weekly; Instant Standard triple-payday every 10 days | Payout FrequencyFunded traders can request a payout every 14 days (and at least 14 days since the last payout or since a new scaled account is activated), provided the account meets the minimum profit requirement.Minimum profit to withdraw is generally $300 (for $5K accounts, $150). FLEX funded accounts also require meeting the 0.5%/day consistency rule on 3 separate days within the 14‑day period. |
| Days to First Payout | 30 | 10 | 14 |
| Payout Processing Time | Payout ProcessingBrightFunded states that payouts are typically processed by the finance team within about 1 day after a request is submitted, with final receipt time depending on the payment rail and compliance checks. | 2 | Payout ProcessingPayouts are processed via wire transfer, cryptocurrency, Hub credits, or credit card and typically take 3–5 business days, depending on the payout method and banking/card rails. |
| Payout Methods | Crypto (USDC – ERC-20) Bank Transfer | Rise; Crypto; Skrill | Wire Transfer Crypto Hub Credits Credit Card |
| Payments | |||
| Payment Methods | Credit/Debit Card Crypto | Credit/debit card; PayPal; crypto | Credit/Debit Card Bank Transfer (plus other methods offered at checkout) |
| Trading Permissions | |||
| News Trading | News trading is permitted, but traders remain responsible for respecting all drawdown rules; spreads and slippage can widen materially during high-impact releases. Tick-scalping and any attempts to exploit pricing/data-feed errors are prohibited. | Allowed; but trades opened or closed within 5 minutes of high‑impact news may only generate up to 1% profit of initial balance | News TradingTrade The Pool does not publish a blanket “no news trading” restriction for evaluations on its public program parameters, but equity trading around major news is inherently higher-risk and may involve volatility, slippage, and halts. Trading is not permitted during regulatory trading halts. |
| Weekend Trades | BrightFunded allows holding positions over the weekend. Traders should account for gap risk and liquidity changes at the weekly reopen; a swap-free add-on can remove swap fees for overnight/weekend holds when purchased. | yes | Weekend TradingUS equity markets are closed on weekends. Swing program positions can be held overnight/weekend subject to market hours and risk limits; Day Trade programs are designed for intraday trading. |
| Copy Trading | Copy trading is allowed only between accounts owned by the same person (BrightFunded accounts, other evaluation firms, or personal brokerage accounts). Copying between different individuals, signal-group trading, or account management services are prohibited and can lead to profit deductions, resets, or closure. | No (duplicating trades across accounts is prohibited) | Copy TradingTrade The Pool offers optional “boosters” (including a SignalStack booster) that can be used for automation workflows. Any copying/automation must still comply with all risk, volume, and consistency rules, and each evaluation is reviewed independently for compliance. |
| EA Allowed | Expert Advisors (EAs) are allowed, provided all activity remains compliant with BrightFunded’s daily/maximum loss rules and non-authorized-practices policies. | Expert Advisors are permitted provided they are not high‑frequency or arbitrage systems; they must be original and not marketed for passing challenges, and the trader may be asked to prove ownership by supplying the code. | EAs / AutomationTrade The Pool does not run on MT4/MT5; it provides a TraderEvolution-based platform (desktop/web/mobile). Automation is typically handled via platform tools and optional integrations/boosters (e.g., SignalStack), rather than MetaTrader EAs. |
| KYC & Restrictions | |||
| KYC Required | Yes | No | Yes |
| KYC Stage | KYC is required to activate a Funded Star account after passing Phase 2, and BrightFunded uses SumSub for identity verification (typically government-issued ID plus proof of address). Activation also includes a security check by the risk team before the trader contract is issued. | After passing the evaluation and before receiving the funded account and first payout | Trade The Pool applies AML/KYC checks and may request identity documentation at any stage, particularly after a trader passes evaluation and before becoming (or remaining) a funded user. |
| Restricted Countries | Cuba Iran North Korea Syria Vietnam | Bangladesh Bulgaria Chile Cuba Hong Kong Iran Japan Jordan Lebanon Libya Malaysia Myanmar North Korea Russia Senegal Singapore Somalia South Korea Sri Lanka Sudan Syria Togo Thailand Vietnam | Afghanistan Belarus Burundi Central African Republic Cuba Congo Republic Crimea Democratic Republic of Congo Eritrea Guinea Guinea-Bissau Iraq Iran Israel Laos Lebanon Liberia Libya Myanmar North Korea Palestinian Territory Papua New Guinea Russia South Sudan Sudan Somalia Syria Vanuatu Venezuela Yemen |
BrightFunded
Goat Funded Trader
Trade The Pool