What leverage levels apply at BrightFunded for different asset classes like forex, indices, metals, and crypto?
💡 Answer
At BrightFunded, leverage limits are defined separately for each market:
FX pairs: Maximum leverage of 100
Indices: Maximum leverage of 20
Metals: Maximum leverage of
Crypto assets: Maximum leverage of 5
More FAQs about BrightFunded
- Which trading methods are supported by BrightFunded, and which strategies are not allowed?
- What should traders know about payment options and refunds at BrightFunded?
- How often can traders withdraw profits from BrightFunded, and what payout methods are available?
- What percentage of profits can traders earn at BrightFunded?
- Which tradable assets are offered by BrightFunded?
- What platform options are available to traders at BrightFunded, and which broker does the firm work with?
- What execution conditions does BrightFunded offer related to spread quality, commissions, and slippage?
- Are there any prohibited strategies at BrightFunded, and how does the firm handle martingale trading and lot size limits?
- What kind of drawdown policy does BrightFunded apply?
- What are the main risk control rules enforced by BrightFunded during evaluations?
- What types of trading programs can traders choose from at BrightFunded?
- What type of trading challenges does BrightFunded require before funding?
- How large can a funded account be at BrightFunded, and is there a scaling plan in place?
- How many Trustpilot reviews does BrightFunded have, and what is its rating?
- What are BrightFunded's available program types?
- What are the rules at BrightFunded regarding maximum accounts per trader, account merging, and lot sizing?
- What should traders know about KYC at BrightFunded, including when verification is required?
- Does BrightFunded have country-based restrictions for traders?
Guides Where BrightFunded Is Featured
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These guides include BrightFunded alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
BrightFunded vs FXIFY vs Crypto Fund Trader - Prop Firm Comparison (March 2026)
Side-by-side comparison of BrightFunded vs FXIFY vs Crypto Fund Trader. 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 March 2026.
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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...
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FXIFY
FXIFY is a broker-backed prop firm (FXIFY Markets Ltd, licensed in Labuan, Malaysia) offering One Phase, Two Phase and Three Phase evaluations, an Instant Funding path, and a 7-day Lightning Challenge, with up to 90% performance splits, on-demand payouts on...
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Crypto Fund Trader
Crypto Fund Trader (CFT) is a Switzerland-based crypto-first evaluation firm operated via SWISS RLCRATES AG that offers 1-phase, 2-phase, Instant and Ascend models with no time limits on standard challenges, trading via MT5, Match Trader and Bybit, simulated allocations up...
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| Overview | |||
| Trustpilot Rating | 0 | 4.4 | 4.4 |
| Trustpilot Reviews | 0 | 5,320 | 1,106 |
| Headquarters | United Arab Emirates | Malaysia | Switzerland |
| Age (Years) | N/A | N/A | 5 |
| Max Funding | $400,000 | $4,000,000 | $300,000 |
| Profit Split Start | 80% | 80% | 80% |
| Profit Split Max | 100% | 90% | 90% |
| Platforms | MT5 cTrader DXtrade | MT4 MT5 DXtrade | MT5 Match-Trader Bybit |
| Assets | FX Commodities Indices Crypto | FX Metals Indices Commodities Stocks Crypto | Crypto Forex Indices Commodities Stocks |
| Leverage | |||
| FX Leverage | 100 | 50 | 100 |
| Metals Leverage | 40 | 50 | 100 |
| Crypto Leverage | 5 | 1 | 100 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | 5 | Maximum Daily LossFXIFY's daily drawdown limits are program-specific. FXIFY provides examples showing One Phase uses a 3% daily drawdown, while Two Phase uses a 4% daily drawdown. Daily drawdown is monitored alongside max drawdown thresholds, and traders should plan withdrawals and risk so that intraday equity does not breach the daily limit. | Maximum Daily LossCrypto Fund Trader calculates daily drawdown based on equity. For standard evaluations, the daily maximum loss is measured from the starting balance at 12:05 AM UTC. CFT lists the default daily limits as 5% on 2-phase evaluations and 4% on 1-phase evaluations.Add-ons may modify certain limits (for example, a 2-phase add-on that increases daily drawdown to 6%). Ascend also adds a specific news window risk constraint (see “News Trading”). |
| Max Total Loss | 10 | Maximum Overall LossFXIFY provides examples showing One Phase accounts use a 6% max drawdown and Two Phase accounts use a 10% max drawdown. For Three Phase, FXIFY describes a static drawdown option where max drawdown is set at 5% and remains static for the life of the account. | Maximum Overall LossCFT’s standard evaluation structures use different overall loss models:2-Phase: maximum loss is typically fixed at 10% of initial balance.1-Phase: a 6% trailing drawdown applies (equity-based), and once the account exceeds +6% profit, the trailing line locks at the initial balance instead of continuing to trail upward.3-Phase (if selected): CFT states a 5% fixed maximum loss with a 5% daily max loss.Add-ons may increase max loss limits (e.g., a 2-phase add-on raising max loss to 12%). |
| 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. | Drawdown ModelFXIFY supports both trailing-style drawdown mechanics and an optional static drawdown mode (notably for 2-Phase and 3-Phase). FXIFY also explains that on 1- and 2-Phase accounts, when a withdrawal is requested, the max drawdown “locks” at the starting balance, meaning profit withdrawals reduce the buffer created by gains and can increase breach risk if no buffer remains. | Drawdown ModelCrypto Fund Trader’s drawdown enforcement is primarily equity-based. The daily loss limit resets using the account’s starting balance at 12:05 AM UTC. For overall drawdown, CFT uses static/fixed overall loss on 2-phase challenges (e.g., 10% of initial) and a trailing model on 1-phase challenges (6% trailing that later locks at the initial balance after +6% gain).Accounts that breach max daily, max overall, or trailing drawdown are deactivated and the trader is notified by email. |
| 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. | Payout FrequencyInstant Funding: FXIFY states Instant Funding accounts offer payouts every 14 days. Evaluation programs (1-Phase, 2-Phase, 3-Phase): FXIFY states the first payout is instant and on demand, processed right after the trader's first live trade in the funded account. | Payout FrequencyIn the final-stage simulation, scholarship requests can be made after at least 15 trading days, or alternatively every 30 calendar days (if rules were not violated). Certain program variants (e.g., 3-phase rules) note a first request possible after 5 trading days, and an add-on may allow eligibility after 7 active trading days.For Instant accounts, CFT also supports a scale milestone: once the account reaches +10% profit, traders can request a “Withdrawal & Update” to both withdraw and double the account size. |
| Days to First Payout | 30 | 0 | 15 |
| 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. | 0 | Payout ProcessingCFT states that once a scholarship is requested, its team verifies the information and sends payment within 48 business hours. After the payment is sent, CFT states the user receives the scholarship in no more than 24 hours (timing depends on the payment rail). |
| Payout Methods | Crypto (USDC – ERC-20) Bank Transfer | Crypto Bank Transfer | Bank Transfer (EUR USD) Crypto (USDT ERC20 USDT TRC20 BTC ETH) |
| Payments | |||
| Payment Methods | Credit/Debit Card Crypto | Credit/Debit Card Crypto | Credit/Debit Card Crypto (11 supported currencies) |
| 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. | News trading rules are defined by FXIFY program terms and platform rules; traders should follow FXIFY's compliance guidance and avoid any prohibited behavior, especially around extreme volatility where drawdown breaches can occur quickly. | News trading is allowed on CFT evaluations according to its FAQ. For Ascend evaluations, CFT adds a news-window constraint: within 2 minutes before and after high-impact news or market opening, accounts must not open/add positions or raise maximum theoretical loss above 2% of initial balance. |
| 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. | FXIFY advertises the ability to hold positions over the weekend on supported programs/instruments, subject to market hours, symbol availability, and account objectives. | Weekend/overnight holding is generally allowed (CFT states it accepts swing trading strategies and keeping trades open over the weekend). Market availability still follows instrument schedules: crypto trades 24/7 while forex is typically Monday–Friday and other CFDs follow their own market hours. |
| 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. | Copy trading is allowed between your own FXIFY accounts and from FXIFY accounts to other accounts. To copy from an external account into a FXIFY account, FXIFY requires submission of the master account statement in HTML format beforehand, and copying from a third party is prohibited. | CFT does not present a simple “copy trading allowed” rule in its public FAQ. However, it explicitly restricts multi-account coordination through rules such as the reverse trading/hedging constraints, and it states that copy trading between Ascend accounts is prohibited (including coordinated or mirrored behaviour that cannot be attributed to chance). |
| EA Allowed | Expert Advisors (EAs) are allowed, provided all activity remains compliant with BrightFunded’s daily/maximum loss rules and non-authorized-practices policies. | 1 | Automation is partially supported: CFT lists categories of prohibited EA types (notably HFT, tick scalping, arbitrage and demo-environment exploitation). EAs that do not fall into these categories are not explicitly banned in the FAQ, but traders remain responsible for ensuring automation complies with all rules. |
| KYC & Restrictions | |||
| KYC Required | Yes | Yes | No |
| 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. | KYC is required as part of FXIFY's AML/KYC compliance process before traders can fully access withdrawals/performance fees. If a trader cannot pass KYC, FXIFY's policy explains this impacts their ability to proceed under the program's compliance requirements. | KYC is required as part of the scholarship/withdrawal workflow. After a scholarship request is submitted in the dashboard, CFT states the trader receives a contract to sign and a KYC to complete before funds are sent. (Bybit evaluations may additionally be subject to Bybit’s own KYC rules, which are the trader’s responsibility.) |
| Restricted Countries | Cuba Iran North Korea Syria Vietnam | United States Zimbabwe Iran Iraq North Korea Somalia Vietnam Burundi Central African Republic Ivory Coast Liberia Libya Sudan Cuba Syria Afghanistan Yemen Palestine Myanmar Nicaragua Congo Republic Crimea Democratic Republic of Congo Eritrea Guinea Guinea-Bissau Papua New Guinea South Sudan Vanuatu Venezuela Algeria Russia Kenya Ghana | N/A |