BrightFunded
BrightFunded is a Dubai-headquartered private prop trading firm that evaluates retail traders through simulated challenges and provides funded simulated accounts up to $400,000 with up to 100% profit splits. It serves 27,500+ active individual traders globally via cTrader, MT5, and DXtrade platforms.
- Company typePrivate
- Founded2023
- HeadquartersAmsterdam, Netherlands
- Headcount11–50
- GTM typeB2C
- OfferingServices
What BrightFunded does
BrightFunded, operated by Bright Global FZCO and headquartered in Dubai Silicon Oasis with offices in Amsterdam and Warsaw, is a private proprietary trading firm founded in 2023 that provides simulated trading capital to retail traders who pass structured evaluation challenges. The company operates a product-led growth, direct-to-consumer model in which individual traders self-select account sizes ranging from $5,000 to $200,000, purchase one-time evaluation challenges (1-Step or 2-Step Classic variants with profit targets of 8% and 5% respectively), and upon passing receive access to a Funded Trader Program with simulated capital up to $400,000. Funded traders earn performance rewards with profit splits scaling up to 100%, weekly payouts, and a guaranteed 24-hour processing window, with payment rails spanning bank transfer, card, and USDC digital asset.
The underlying technology stack combines a proprietary backend dashboard built internally for evaluation, performance tracking, and payout processing with three third-party execution platforms: Spotware's cTrader, MetaQuotes' MetaTrader 5 (MT5), and Devexperts' DXtrade. The product surface extends beyond core evaluations through the Trade2Earn loyalty program, which awards BrightFunded Tokens based on lots traded and is redeemable for free evaluations and perks, and through 150+ tradable instruments spanning forex, digital assets, indices, and commodities with leverage up to 1:100 and spreads from 0.0 pips.
The business model derives revenue primarily from non-refundable challenge and evaluation fees (one-time license economics) supplemented by performance-based reward obligations on funded traders. Customer acquisition runs through self-serve website sales, an affiliate/marketing partnership with Revolut (offering 30% off plus 15% Evaluation Reward), owned content including the Traders Roundtable podcast, SEO-optimized comparison guides, and PR coverage in outlets such as CBS News, where BrightFunded was ranked #2 (95/100) in the Best Prop Firms for US Traders 2026 guide. The firm reported surpassing $10 million in cumulative payouts to traders within two years of launch as of December 2025 and serves 27,500+ active traders globally, excluding sanctioned jurisdictions including Cuba, Iran, North Korea, Syria, and Vietnam.
BrightFunded firmographics
Firmographics- Name
- BrightFunded
- Legal name
- Bright Global FZCO
- Website
- https://brightfunded.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BrightFunded is a Dubai-headquartered private prop trading firm that evaluates retail traders through simulated challenges and provides funded simulated accounts up to $400,000 with up to 100% profit splits. It serves 27,500+ active individual traders globally via cTrader, MT5, and DXtrade platforms.
- Ownership category
- akta.pro rank
Where BrightFunded is headquartered
LocationHeadquarters
- HQ city
- Amsterdam
- HQ country
- Netherlands
- HQ region
- Europe
Offices3 records
Markets served
BrightFunded business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Challenge and Evaluation Fees: Traders pay fees to purchase BrightFunded Challenge evaluations. Fees are based on account size and challenge type (1-Step vs 2-Step Classic). These fees grant access to the evaluation phase with no refunds upon access or use of trading platform.
- Performance Rewards (Funded Trader Program): Traders who successfully pass evaluation receive performance rewards based on simulated profits generated. Rewards are discretionary and based on profit split percentages up to 100% for consistent traders.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | 1-Step Challenge - Bright (Most Popular) |
| One time/ perpetual license | Pay-as-you-go | 2-Step Classic |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
BrightFunded product offering
Product offeringCore offering
BrightFunded sells evaluation challenges (1-Step and 2-Step Classic/Bright) to retail traders on simulated demo accounts; traders pay non-refundable challenge fees sized to account ($5K-$200K), meet profit targets and drawdown limits, and upon passing receive a Funded Account with simulated capital up to $400,000 and profit splits up to 100%. Performance payouts are processed within 24 hours on a weekly cadence after the first funded trade, and trading volume earns BrightFunded Tokens through the Trade2Earn loyalty program, redeemable for free evaluations and perks.
Product overview
BrightFunded is a modern proprietary trading firm that operates a unified evaluation platform through which traders prove their skills on simulated demo accounts and earn access to Funded Accounts with simulated capital up to $400,000. The core offering consists of the BrightFunded Challenge (evaluation) and Verification phases, progressing to the BrightFunded Funded Trader Program. Multiple evaluation product variants are offered: 1-Step Evaluation (single phase) and 2-Step Evaluation in Bright and Classic configurations, each with distinct profit targets, drawdown rules, and fee structures. The platform is accessible via three supported trading platforms: cTrader, MetaTrader 5 (MT5), and DXtrade. A Trade2Earn loyalty program supplements the offering, awarding BrightFunded Tokens based on trading volume, which can be redeemed for free evaluations and trading perks. Funded traders receive performance rewards with payouts processed within 24 hours, supporting USDC (digital asset), bank transfer, and card payment methods.
Differentiator
Problem solved
Functional benefit
Products and services
- BrightFunded Challenge (Evaluation Program) A paid evaluation program where retail traders demonstrate their trading skills by meeting profit targets and drawdown limits on a simulated demo account. Completing the challenge grants access to a Funded Account.
- Verification Phase A subsequent evaluation phase required for 2-Step configurations, granted free of charge to traders who pass the BrightFunded Challenge. Traders must meet profit targets and drawdown limits on a demo account before receiving funded account credentials.
- Funded Account (Funded Trader Program) A simulated demo trading account allocated to traders who successfully complete the evaluation. Traders earn performance rewards based on profits, with weekly payouts (first payout within 24 hours), profit splits up to 100%, and maximum simulated capital allocation of $400,000 per customer or trading strategy.
- Trade2Earn Loyalty Program A loyalty and rewards program where traders earn BrightFunded Tokens based on trading volume (lots traded). Tokens can be redeemed for free evaluation challenges and other trading perks.
- BrightFunded Tokens Virtual loyalty tokens earned by traders through the Trade2Earn program, accruing in the trader's dashboard wallet based on trading volume and redeemable for evaluation rewards and free evaluations.
- 1-Step Evaluation A single-phase evaluation model where traders complete the challenge in one step, subject to profit targets and drawdown limits, with a minimum of 5 trading days.
- 2-Step Evaluation (Bright & Classic) A two-phase evaluation model comprising the Challenge phase followed by a Verification phase, allowing traders to demonstrate consistency across multiple phases before receiving a Funded Account.
Quantifiable outcome
- $10M+ total payouts to traders within 2 years of launch
- +3 more outcomes
Companies that use BrightFunded
Customer profileNamed customers9 records
Segments2 records
Ideal customer profiles2 records
BrightFunded technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
BrightFunded partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RevolutminorRevolut partnership offering exclusive discount code REVOLUT for 30% OFF + 15% Evaluation Reward. Discount codes featured in sponsored content buyer guides.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
BrightFunded competitors and assessment
Company assessmentDirect peers
- E8 Funding: Evaluation-based prop firm offering funded accounts up to $300K with profit splits up to 80%. Closely comparable to BrightFunded in product, scale, and target market.
- FTMO: The market-leading proprietary trading evaluation firm, offering 1-Step and 2-Step funded trader programs across forex and other asset classes. FTMO is the closest direct competitor to BrightFunded in product, customer base, and business model.
- The5ers: Established prop firm offering instant funding and evaluation-based funded accounts to retail traders globally. Comparable to BrightFunded in evaluation mechanics, multi-platform support, and profit-split economics.
- FundedNext: Prop firm offering Stellar and Evaluation challenges with profit splits up to 90%+. Direct competitor to BrightFunded in evaluation-based retail trader funding across forex and digital assets.
- MyFundedFX: Prop firm with evaluation and instant funding models targeting retail traders. Overlaps with BrightFunded on product structure, target customer, and supported trading platforms (cTrader, MT5).
- Topstep: US-focused prop firm funding futures traders via evaluation. Comparable evaluation-based funding model and target retail trader demographic, though focused on futures rather than the forex/digital-asset mix BrightFunded emphasizes.
- True Forex Funds: Prop firm offering 1-Step and 2-Step funded trader evaluations with up to 90% profit splits. Direct competitor in evaluation mechanics and target retail FX trader base.
- FunderPro: Prop firm offering 1-Step and 2-Step challenges with simulated capital up to $200K. Direct peer to BrightFunded in evaluation-based retail trader funding and supported platforms.
Emerging players
- ICFunded: Smaller, newer prop firm offering evaluation challenges to retail traders. Emerging peer with overlapping product offering but smaller scale and brand recognition than BrightFunded.
- AquaFunded: Newer prop firm offering 1-Step and 2-Step challenges with crypto-friendly payouts. Comparable emerging peer with similar product positioning to BrightFunded's crypto-native offering.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
BrightFunded social profiles
Digital presenceBrightFunded financial estimates
Financial estimateRevenue estimate
Valuation estimate
BrightFunded leadership team
Management profileNumber of profiles
Profiles2 records
BrightFunded funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BrightFunded M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BrightFunded
What does BrightFunded do?
BrightFunded sells evaluation challenges (1-Step and 2-Step Classic/Bright) to retail traders on simulated demo accounts; traders pay non-refundable challenge fees sized to account ($5K-$200K), meet profit targets and drawdown limits, and upon passing receive a Funded Account with simulated capital up to $400,000 and profit splits up to 100%. Performance payouts are processed within 24 hours on a weekly cadence after the first funded trade, and trading volume earns BrightFunded Tokens through the Trade2Earn loyalty program, redeemable for free evaluations and perks.
Is BrightFunded a public or private company?
BrightFunded is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was BrightFunded founded?
BrightFunded was founded in 2023. It employs 11 to 50 people.
Where is BrightFunded based?
BrightFunded is headquartered in Amsterdam, Netherlands, in the Europe region.
How does BrightFunded make money?
Two revenue lines are on record. Challenge and Evaluation Fees are the primary driver. The others are performance Rewards (Funded Trader Program).
Who are BrightFunded's main competitors?
Direct peers on record are E8 Funding, FTMO, The5ers, FundedNext, MyFundedFX, Topstep, True Forex Funds and FunderPro. Emerging players are ICFunded and AquaFunded.
Does BrightFunded have an API?
No public API is recorded for BrightFunded.