BrightFunded crypto rules
BrightFunded is a multi-asset prop firm that also funds crypto. Crypto orders run on Simulated CFD accounts on MT5, cTrader and DXtrade. Instruments are CFD. Crypto leverage: 1:5. Weekend crypto trading is allowed. Payouts can be taken in crypto.
Crypto trading terms
- Venue / platform
- Simulated CFD accounts on MT5, cTrader and DXtrade
- Instrument type
- CFD
- Crypto instruments
- 48
- Examples
- BTC/USD, ETH/USD, SOL/USD, XRP/USD, DOGE (XDG/USD)
- Crypto leverage
- 1:5
- Weekend crypto trading
- Yes
- Crypto fees
- Not published
- Min trade duration
- Not published
- Risk / position rule
- Same daily/total loss limits as plan (1-Step 3%/6%, Bright 4%/8%, Classic 5%/10%)
- Bots
- allowed
- Copy trading
- Yes
- Banned strategies
- hedging across accounts, copy trading between different people, signal trading
- Payout methods
- USDC (ERC-20), Bank transfer (EUR)
- Paid in crypto
- Yes
- KYC before payout
- Not published
Core rules (all instruments)
- Daily loss limit
- 5%
- Max drawdown
- 10%
- Drawdown type
- Not published
- Profit target
- 10% / 5%
- Profit split
- 80% up to 100%
- Payout cycle
- First reward 30 days after first funded trade, then every 14 days; bi-weekly and weekly add-ons available
- Fees from
- €47
- News trading
- Restricted
FAQ
Can you trade crypto on weekends with BrightFunded?
Yes, per the firm's rules.
What leverage does BrightFunded give on crypto?
1:5.
Does BrightFunded pay out in USDT or other crypto?
Payout methods listed: USDC (ERC-20), Bank transfer (EUR).
Are trading bots allowed at BrightFunded?
Not stated clearly by the firm.
Sources
Checked .
- https://help.brightfunded.com/en/articles/9268229-which-crypto-instruments-can-you-trade-at-brightfunded
- https://help.brightfunded.com/en/articles/9268380-what-is-the-leverage-in-brightfunded-s-simulated-trading-environment
- https://help.brightfunded.com/en/articles/13213315-can-i-trade-on-weekends
- https://help.brightfunded.com/en/articles/9241681-how-can-i-get-paid
- https://help.brightfunded.com/en/articles/9680850-how-does-the-hedging-rule-work
- https://help.brightfunded.com/en/articles/9241709-is-copy-trading-allowed
- https://help.brightfunded.com/en/articles/9973224-how-does-the-kyc-process-work
Notes. 'Over 48' crypto pairs per help centre. Crypto tradable on weekends where the instrument is open. KYC via SumSub (timing not stated).