Can you explain the challenge model used by FunderPro?

💡 Answer

FunderPro offers three primary challenge tracks:

  • One-Phase: single-step evaluation (10% target) with 3% daily DD and 6% max DD (balance-based).
  • Classic: two-step evaluation (10% then 5% targets) with 5% daily DD and 10% max DD (balance-based) and a minimum of 4 trading days.
  • Pro: two-step evaluation (10% then 8% targets) with 5% daily DD and 10% max DD (balance-based) plus a 45% consistency rule; funded payouts are selectable as Daily (60% split) or Weekly (90% split) once eligible.

All trading activity takes place in a simulated environment.



Full challenge rules, profit targets, and time limits are detailed on FunderPro official website.

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FunderPro vs BrightFunded vs FXIFY - Prop Firm Comparison (May 2026)

Side-by-side comparison of FunderPro vs BrightFunded vs FXIFY. 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 May 2026.

FunderPro vs BrightFunded vs FXIFY - Prop Firm Comparison (May 2026)
FunderPro
FunderPro is a Malta-registered simulated proprietary trading program that offers Pro, Classic, and One-Phase challenges on MT5, cTrader, and TradeLocker. Traders can manage up to $200,000 total funded allocation, earn performance rewards with profit splits up to 90%, and access...
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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...
Visit BrightFunded
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...
Visit FXIFY
Overview
Trustpilot Rating 0 0 4.4
Trustpilot Reviews 0 0 5,757
Headquarters Malta United Arab Emirates Malaysia
Age (Years) 3 N/A 4
Max Funding $200,000 $400,000 $4,000,000
Profit Split Start 60% 80% 80%
Profit Split Max 90% 100% 90%
Platforms MT5 cTrader TradeLocker MT5 cTrader DXtrade MT4 MT5 DXtrade
Assets Forex Metals Energies US Indices EU Indices Shares Cryptos FX Commodities Indices Crypto FX Metals Indices Commodities Stocks Crypto
Leverage
FX Leverage 100 100 50
Metals Leverage 30 40 50
Crypto Leverage 2 5 1
Risk & Drawdown Rules
Max Daily Loss 5 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.
Max Total Loss 10 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.
Drawdown Type Drawdown ModelFunderPro uses a balance-based daily drawdown reset and a fixed maximum drawdown measured from the initial balance (no trailing drawdown). Daily drawdown is calculated from a daily snapshot (5:00 p.m. EST / day start 00:00 GMT+3 server time depending on page context). 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.
Payouts
Payout Frequency Payout FrequencyOne-Phase & Classic: bi-weekly payouts (every 14 days). Optional “First Reward in 7 Days” add-on allows first payout after 7 days instead of 14.Pro: selectable payout cadence at checkout: Daily payouts (60% split) or Weekly payouts (90% split), eligible once the account is at least 1% in profit vs initial balance. 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.
Days to First Payout 14 30 0
Payout Processing Time Payout ProcessingFunderPro states rewards are typically processed within 1 working day after approval (average issuing time ~8 hours). 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 Methods USDC (direct transfer to wallet) Rise (reward paid to Rise wallet in USD; user can withdraw in preferred fiat/crypto via Rise) Crypto (USDC – ERC-20) Bank Transfer Crypto Bank Transfer
Payments
Payment Methods Credit/Debit Card Crypto and other available payment options offe Credit/Debit Card Crypto Credit/Debit Card Crypto
Trading Permissions
News Trading 14 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.
Weekend Trades Payout ProcessingFunderPro advertises an average reward issuing time of 8 hours (after approval). For challenge-fee credits (where applicable), fee credits are processed within 7 days of the first reward withdrawal. 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.
Copy Trading FunderPro allows copy trading under strict conditions designed to ensure that all trading activity originates from the trader’s own strategies. Copy trading is permitted only between accounts owned by the same individual (including the trader’s own accounts at other prop firms or retail brokers), while copying from third-party accounts is strictly prohibited and results in a hard breach. Coordinated trading between different traders, the use of rented or mass-distributed EAs, public signal mirroring, or any form of collusion is forbidden,... 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.
EA Allowed FunderPro allows the use of Expert Advisors (EAs) and automated trading systems across supported platforms such as MT5, cTrader, and TradeLocker. However, traders are strictly required to own the strategy or source code behind any automation used. The use of third-party rented bots, closed “black box” systems, mass-distributed EAs, or automation sourced from public signal groups is prohibited, as FunderPro evaluates individual trading skill and decision-making rather than replicated strategies. Expert Advisors (EAs) are allowed, provided all activity remains compliant with BrightFunded’s daily/maximum loss rules and non-authorized-practices policies. 1
KYC & Restrictions
KYC Required No Yes No
KYC Stage FunderPro requires traders to complete the Know Your Customer (KYC) verification process after passing the Challenge and before signing the funded trader agreement or receiving any payouts. Traders may participate in the Challenge phase without completing KYC; however, verification is mandatory to transition into a funded account. FunderPro advises traders to ensure they can successfully pass the KYC process before purchasing a Challenge to avoid future issues. Once documents are submitted, the verification process typically takes 24–48 hours to complete. 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.
Restricted Countries Afghanistan Belarus Central African Republic Congo (Democratic Republic of) Cuba Haiti Iran Iraq Libya Mali Myanmar (Burma) North Korea Somalia Sudan South Sudan Syria The Russian Federation Venezuela Yemen Regions of Ukraine: Crimea Donetsk Kherson Luhansk and Zaporizhzhia 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
FunderPro BrightFunded FXIFY
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