What are the KYC requirements at DNA Funded, and at what stage is verification completed?
💡 Answer
Is KYC Required at DNA Funded?Yes
At what stage traders must go through identity verification at DNA Funded?
DNA Funded applies full KYC for larger withdrawals, requiring a government-issued photo ID, proof of address and a selfie or likeness check through its third-party verification provider.
KYC is typically required once withdrawals exceed about $1,000, and failed or unverifiable KYC will result in account closure without refund, as decisions from the external provider cannot be manually overridden.
Full details on the identity verification process and required documents are available on DNA Funded official website.
More FAQs about DNA Funded
- Does DNA Funded allow automated trading, news trading, weekend positions, and copy trading, and what strategies are restricted?
- Which payment methods does DNA Funded offer, and what is the refund policy?
- What should traders know about payouts at DNA Funded, including minimum amount, payout schedule, and payout methods?
- How much profit can traders keep at DNA Funded?
- Which markets are available for trading at DNA Funded?
- What are the maximum leverage limits at DNA Funded across forex, indices, metals, and cryptocurrencies?
- Which trading platforms does DNA Funded offer, and which broker executes the trades?
- How are spreads, commissions, and slippage managed at DNA Funded?
- Does DNA Funded prohibit certain trading strategies, permit martingale systems, or impose lot size limits?
- Does DNA Funded use a specific drawdown type for funded accounts?
- Does DNA Funded apply any consistency or risk-based trading rules?
- Which evaluation or funding programs are available at DNA Funded?
- How do the challenges work at DNA Funded for traders seeking funding?
- How much maximum funding can traders receive from DNA Funded, and does the firm provide a scaling plan?
- What is DNA Funded's Trustpilot rating and total review count right now?
- Which evaluation models does DNA Funded offer?
- How does DNA Funded handle multiple accounts, account merging, and lot size limits for traders?
- What countries are not supported by DNA Funded?
Guides Where DNA Funded Is Featured
- Prop Firms Offering Commodities Trading
- Prop Firms with More Than 50 Trustpilot Reviews
- Prop Firms With TradeLocker Platform
- Prop Firms With Trustpilot rating of 3.0 or higher
- Top Prop Firms That Accept Clients From Haiti
These guides include DNA Funded alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
DNA Funded vs FXIFY vs BrightFunded - Prop Firm Comparison (November 2026)
Side-by-side comparison of DNA Funded vs FXIFY vs BrightFunded. 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 November 2026.
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DNA Funded
DNA Funded is a broker-backed Australian prop firm partnered with DNA Markets that lets traders choose between 1-step, 2-step, rapid 10-day challenges and instant funding, with 80%–90% profit splits, access to 800+ CFD markets via TradeLocker, and combined simulated funding...
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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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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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| Overview | |||
| Trustpilot Rating | 3.2 | 4.3 | 0 |
| Trustpilot Reviews | 85 | 6,510 | 0 |
| Headquarters | Australia | Malaysia | United Arab Emirates |
| Age (Years) | N/A | 4 | N/A |
| Max Funding | $600,000 | $4,000,000 | $400,000 |
| Profit Split Start | 80% | 80% | 80% |
| Profit Split Max | 90% | 90% | 100% |
| Platforms | TradeLocker | MT4 MT5 DXtrade | MT5 cTrader DXtrade |
| Assets | FX Commodities Indices Stocks Crypto | FX Metals Indices Commodities Stocks Crypto | FX Commodities Indices Crypto |
| Leverage | |||
| FX Leverage | 50 | 50 | 100 |
| Metals Leverage | 10 | 50 | 40 |
| Crypto Leverage | 2 | 1 | 5 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | Maximum Daily LossDaily loss limits at DNA Funded depend on the program. Single Helix uses a 5% max daily drawdown, Double Helix typically applies 6% in Phase 1 and 5% in Phase 2, Rapid Challenge runs with a 4% daily loss cap and Instant Funding does not apply a separate daily limit but is constrained by a tight trailing overall drawdown.The daily loss check is balance- or equity-based around the end-of-day snapshot, and breaching the permitted percentage at any point in the trading day constitutes an account violation. | 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. | 5 |
| Max Total Loss | Maximum Overall LossFor Single Helix, Double Helix and Rapid Challenge, DNA Funded uses static lifetime loss caps, typically around 10% for the main 1-phase and 2-phase models and 5% for Rapid.Instant Funding accounts instead use a 4% trailing overall drawdown that ratchets up as new equity highs are made; if balance or equity falls below this trailing line the account is breached, even if it remains above the initial starting balance. | 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. | 10 |
| Drawdown Type | Drawdown ModelThe evaluation challenges primarily rely on static drawdown limits calculated from either the initial balance or an end-of-day balance snapshot, while the Instant Funding program uses a classic trailing drawdown that tracks new highs and never resets upward after a payout.In practice this means evaluation traders can stabilise their static loss buffers by growing the account gradually, whereas Instant Funding traders must protect profits more aggressively because the allowed loss band follows their performance. | 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 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. |
| Payouts | |||
| Payout Frequency | Payout FrequencyFunded traders at DNA Funded can usually request a payout every 14 days, provided they have traded on at least three separate days and finished the period with a positive balance.With the optional Early Payout Booster, that payout frequency can be shortened to every 7 days on eligible challenges, offering weekly cash flow for consistent performers. | 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 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. |
| Days to First Payout | 14 | 0 | 30 |
| Payout Processing Time | Payout ProcessingPayouts are requested through the DNA Funded dashboard and, once approved, are typically processed within about 1–4 business days, after which arrival time depends on the chosen payment rail.The firm warns that additional time may be needed for bank wires, compliance checks or during periods of high demand, but most crypto withdrawals are completed relatively quickly once released. | 0 | 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. |
| Payout Methods | Crypto International Bank Transfer | Crypto Bank Transfer | Crypto (USDC – ERC-20) Bank Transfer |
| Payments | |||
| Payment Methods | Credit Card (Visa Mastercard) Crypto (TRC20 ERC20 BTC) | Credit/Debit Card Crypto | Credit/Debit Card Crypto |
| Trading Permissions | |||
| News Trading | News trading is permitted in principle, but traders must avoid opening, modifying or closing positions within roughly 10 minutes before and after high-impact economic releases or other designated major events, as defined by calendars such as FXStreet.Pure news scalping, latency or gap exploitation around data releases is prohibited, and violations can lead to profit removal or account closure, especially on funded accounts. | 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 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. |
| Weekend Trades | Weekend trading rules differ by instrument and program. For most challenges, crypto positions can be opened and managed over the weekend, while positions on other markets may be held but not actively traded while markets are closed.The Rapid and Instant Funding challenges are stricter and generally do not allow weekend trading at all, so traders on these products should ensure positions are closed before the weekly market close. | FXIFY advertises the ability to hold positions over the weekend on supported programs/instruments, subject to market hours, symbol availability, and account objectives. | 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. |
| Copy Trading | Copy trading is tightly controlled at DNA Funded. Copying or mirroring trades from non-DNA accounts, between different users or across multiple profiles is prohibited, and managing other people's accounts is considered a breach.Within a single user's own DNA Funded accounts, limited internal copying may be acceptable, but traders must still respect all risk rules and avoid patterns that resemble large-scale account netting or group trading. | 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. | 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. |
| EA Allowed | Expert Advisors and algorithmic strategies are allowed on 1 Phase, 2 Phase and Rapid challenge accounts, provided they do not implement banned behaviours such as high-frequency scalping, latency arbitrage, martingale or grid systems.On Instant Funding accounts, EAs and fully automated algos are not permitted; these programs are meant to be traded manually or with very light automation that still reflects the trader's own discretion. | 1 | Expert Advisors (EAs) are allowed, provided all activity remains compliant with BrightFunded’s daily/maximum loss rules and non-authorized-practices policies. |
| KYC & Restrictions | |||
| KYC Required | Yes | No | Yes |
| KYC Stage | DNA Funded applies full KYC for larger withdrawals, requiring a government-issued photo ID, proof of address and a selfie or likeness check through its third-party verification provider.KYC is typically required once withdrawals exceed about $1,000, and failed or unverifiable KYC will result in account closure without refund, as decisions from the external provider cannot be manually overridden. | 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 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. |
| Restricted Countries | Australia Cuba Iran Iraq North Korea Myanmar Russia (including Crimea Donetsk Luhansk and Sevastopol) Somalia Syria Central African Republic Democratic Republic of the Congo Guinea-Bissau Sudan South Sudan Afghanistan Lebanon Yemen Zimbabwe Libya | 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 | Cuba Iran North Korea Syria Vietnam |
DNA Funded
FXIFY
BrightFunded