Targets & Drawdowns
Profit Target Step 1
8.0%
Profit Target Step 2
5.0%
Daily Drawdown
4.0%
Max Drawdown
8.0%
Drawdown Type
Static
Rules
Time Limit
Unlimited
Profit Split
80%
Payout Frequency
BI-weekly
Min Trading Days
5 days
Additional Rules
Two-phase evaluation: Traders must pass two phases, typically with profit targets around 8% and 5%.
Static drawdown model: Maximum drawdown is fixed and does not trail with profits, giving more stability compared to trailing models.
Daily loss limit: A daily drawdown limit is enforced and includes floating losses.
Consistency expectation: While not always explicitly stated, consistent performance is expected to avoid risk flags.
No time pressure: Challenges generally have no strict time limits, allowing traders to focus on quality setups.
Leverage: Competitive leverage is offered, suitable for both swing and intraday trading.
Profit split: Traders can receive up to 80%–90% depending on account progression.
Payout structure: Regular payouts are available after funding, typically bi-weekly.
Daily drawdown enforcement: The daily loss includes floating equity, which can trigger breaches unexpectedly.
Consistency pressure: Even without explicit rules, inconsistent performance can affect account progression or payouts.
Psychological trap: The “no time limit” model can lead traders to overtrade or delay decisions.
Risk stacking: Combining daily and max drawdown requires precise risk control.
Profit split illusion: Higher profit splits may depend on conditions or upgrades.
Evaluation reset risk: Failing in phase 2 resets the entire process, increasing pressure.
Static drawdown model: Maximum drawdown is fixed and does not trail with profits, giving more stability compared to trailing models.
Daily loss limit: A daily drawdown limit is enforced and includes floating losses.
Consistency expectation: While not always explicitly stated, consistent performance is expected to avoid risk flags.
No time pressure: Challenges generally have no strict time limits, allowing traders to focus on quality setups.
Leverage: Competitive leverage is offered, suitable for both swing and intraday trading.
Profit split: Traders can receive up to 80%–90% depending on account progression.
Payout structure: Regular payouts are available after funding, typically bi-weekly.
Daily drawdown enforcement: The daily loss includes floating equity, which can trigger breaches unexpectedly.
Consistency pressure: Even without explicit rules, inconsistent performance can affect account progression or payouts.
Psychological trap: The “no time limit” model can lead traders to overtrade or delay decisions.
Risk stacking: Combining daily and max drawdown requires precise risk control.
Profit split illusion: Higher profit splits may depend on conditions or upgrades.
Evaluation reset risk: Failing in phase 2 resets the entire process, increasing pressure.
Scaling Plan
BrightFunded offers a structured scaling model based on consistent profitability.
Traders can increase their account size over time by meeting performance milestones and maintaining risk discipline.
Scaling is gradual and designed to reward consistency rather than aggressive short-term gains.
This creates a balanced growth path compared to firms with either no scaling or overly aggressive scaling systems.
Traders can increase their account size over time by meeting performance milestones and maintaining risk discipline.
Scaling is gradual and designed to reward consistency rather than aggressive short-term gains.
This creates a balanced growth path compared to firms with either no scaling or overly aggressive scaling systems.
