In this article, I will discuss BrightFunded Investment, which is an investment platform launched to assist people who want to find new investment options.
BrightFunded remains a straightforward investment platform that offers a variety of investments to cater to various types of investors.
BrightFunded Investment attempts to create opportunities for everyday investors and novices by providing tools and insights on generating the maximum return on investment with the least risk.
About BrightFunded
BrightFunded seeks to change the global trade market by building an out-of-the-box ecosystem that is functional in training traders and giving these traders novel trading opportunities.
Backed by a worldwide workforce possessing vast expertise in Central Banks, international broking houses
As well as the most successful proprietary trading businesses, they are focused on helping both the beginner and the professional trader reach their objectives.
BrightFunded Overview
| Attribute | Details |
|---|---|
| Legal Name | BrightFunded |
| Company Number | 89766474 |
| Country of Registration | Netherlands (NL) |
| CEO | Jelle Dijkstra |
| Support Email | support@brightfunded.com |
| Website | BrightFunded.com |
| Phone | Not available |
| Payment Modes | Crypto, Credit/Debit Card |
| Withdrawal Methods | Crypto, Wire Transfer/Bank Transfer |
What Are the Steps to Register with BrightFunded?
Go to the Webpage: Access the BrightFunded company’s page online.
Select ‘Sign Up’: Find and click the button toward the top of the page that says ‘sign up.’
Go Through the Signup Form: Enter your name, email and password of your choice into the empty fields.
Open the Link That Was Sent to You: Go to the account verification email’s message and click the link.
Fill in the Generated Account’s information: Ensure you include your personal and economic information so that the creation of an account is completed.
Begin the Entertainment: Now that you’re signed up, you can use Bright Funded to invest.
BrightFunded Two-Phase Challenge Overview
It aims at third parties, particularly BrightFunded skirrs developments, which are rich in dimension. In an environment where getting and losing money doesn’t apply, challenge traders with their skills.
Successfully completing two phases opens funded accounts and a lucrative sharing plan. Below the information with full particulars of the challenge are provided:
Types of Challenges
Currently, BrightFunded allows a two-phase challenge only and no more one-phase options.
Challenge Structure:
Phase 1: Traders must earn an 8% net worth goal while still abiding by risk management rules.
Phase 2: After completing phase 1, aims for a more conservative profit target of 5% comes into play.
There are accounts ranging from 5k up to 200k per account during both Phases, which traders get the opportunity to manage.
Account Sizes & Pricing
Traders can choose from the following account sizes with corresponding fees:
| Account Size | Fee |
|---|---|
| $5,000 | $55 |
| $10,000 | $95 |
| $25,000 | $195 |
| $50,000 | $295 |
| $100,000 | $495 |
| $200,000 | $975 |
Rules of the Challenge
Profit Target:
- ⦁ Phase 1: 8% profit target
- ⦁ Phase 2: 5% profit target
⦁ Total Loss: Maximum drawdown of 10%
⦁ Daily Loss Limit: 5% daily loss limit
⦁ Profit Share: 80% for traders, with the potential to increase to 100% through scaling
⦁ Drawdown Type: Balance-based drawdown
⦁ Time Limit: No time limit for each phase
Leverage:
⦁ 1:100 for Forex
⦁ 1:40 for commodities
⦁ 1:5 for crypto
⦁ Max Lot Size: Not disclosed
⦁ Payout Frequency: Bi-weekly payouts (every 14 days), with the option to upgrade to weekly
⦁ Copy Trading: Allowed during the challenge
⦁ Minimum Trading Days: 5 trading days per phase
Scaling Plan
BrightFunded offers a unique scaling plan to help traders grow their accounts over time. Key details include:
- Max Allocation: Up to $200,000
- Scaling Potential: Accounts can be scaled up to $400,000
Scaling Criteria
- Be able to generate profit in 2 out of 4 available months
- Produce at least 10% of the total profit margin
- Intervene with at least 2 buyouts in the span of 4 months at the most
- Continue maintaining the account to break-even or profit position during the time of scaling
Scaling Process: If these conditions are met, your account size will increase by 30% every 4 months, with no upper limit on scaling.
Spreads & Pricing
BrightFunded boasts tight spreads and direct feeds from liquidity providers that offer accurate prices and low slippage.
News Trading Rules
- During the Challenge: Trading on news is allowed in both stages.
- On Funded Accounts: News trading is banned during significant news events. Traders are not allowed to open new positions and close existing ones within 10 minutes before and 10 minutes after the major news releases.
This version adheres to the sense of the original but moves around the text for organization and easier understanding and focuses more on important matters such as account sizes, rules, scaling opportunities
Payout Methods
BrightFunded provides near-instant payout options including:
- Crypto – Bitcoin, Ethereum, USDT
- Wire transfer/bank transfer lines via Wise or other similar services
Trading Commissions
Commissions at BrightFunded vary depending on the asset:
⦁ Forex: $3 per lot
⦁ Crypto: 0.024% per trade volume
⦁ Commodities: 0.0010% per volume
How It Works
Right from the start, it’s very clear. They create a demo trader account in order to test your potential during a 2-Phase Evaluation. If you pass the Evaluation, you get to hold real money.
Take the Final Step
Take our 2-Phase Evaluation, where you must meet the Profit target of 8 % in Phase 1 and 5% in Phase 2 and maintain your Daily Drawdown under 5% and your Total Drawdown less than 10%.
Become registered with real money
You become a Funded Trader after you pass the Evaluation. You will be allocated a new dummy trading account where 100% of the profits made are in real cash.
Withdraw Your Money
Withdrawal from your Funded Account Profits can be done within 7 days of your first trade on the Funded Account. Enjoy fast payouts using your preferred payout method.
Choose Your DestinationAnd Get Funded
Explore Our Loyalty Program
Here at BrightFunded, we think no trader should commit to doing trade every day expecting a reward every time. That is why we came up with the innovative loyalty concept which is called Trade2Earn.
Trade
Every trade, winning or losing, earns you some BrightFunded Tokens, which are rewarded. Each stage of The Evaluation process is included in Trade2Earn.
Earn
As you continue in the course of your trading activities, the BrightFunded Tokens get earned based on the number of trades (lots) you execute, accumulating in your Wallet that is present in the dashboard.
Spend
Now you can apply your BrightFunded Tokens and enjoy some trading benefits to improve your Payouts or take Free Evaluations! You are set to upgrade your journey!
Discover The BrightFunded Trading Platform
Check out the BrightFunded Trading App and Platform – which caters to traders at every level of expertise. You can download a unique mobile app from either the Apple App Store or the Google Play Store or benefit from a fully-fledged web app that provides an advanced trading experience with up-to-the-minute data, super-tight spreads, and low brokerage fees. Trade in a more efficient manner today!
Affiliate Partnership
Welcome to the BrightFunded Affiliate Partnership Program. This is your chance to monetize your community completely, regardless of whether it is a website, blog, or social media channel.
It’s a passive income opportunity that exists with much effort on your part. For inviting a new trader, an appealing 10 per cent commission is paid to you on all the purchases made by the referred trader. A paradigm shift in the industry.
BrightFunded Customer Support
BrightFunded offers dedicated customer support to assist traders with any inquiries or issues. Here’s how you can get in touch:
Contact Information:
⦁ Support Email: ⦁ support@brightfunded.com
⦁ Phone: Currently unavailable
⦁ Website: ⦁ BrightFunded.com
Support Hours:
BrightFunded’s support team is typically available Monday to Friday, though response times may vary depending on volume.
Additional Support Options
FAQ: Visit the BrightFunded FAQ page for answers to common questions about the challenge, account setup, payments, and more.
Live Chat: Check the website for potential live chat support during business hours
Conclusion
BrightFunded is also appealing to traders as it allows them to express their talents in trading through its satellite Two-Phase Challenge with no time limits and a clear concept on increasing funded accounts.
The company provides enjoyable accounts from $5,000 to $200,000 with the ability to earn good profits and give minimal risk of real capital being used.
The scaling plan further creates a distinction for BrightFunded, enabling even the time traders to grow their accounts up to the $400,000 limit over time.
If you are an advanced trader looking for possibilities to manage big accounts or an absolute Kickstarter looking to demonstrate his expertise in a riskless atmosphere
BrightFunded has got everything that is needed to ensure that you perform well.
With reasonably low spreads, flexible withdrawal options, and even dedicated clients, there is no doubt that BrightFunded is the kind of broker that traders who want to grow and perform well would go for.
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