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BrightFunded

Rules

Through in-depth research into the terms, conditions, and FAQ section of
BrightFunded
, we've identified essential rules you need to know before joining their funded program.
BrightFunded
4.6
4
reviews
Updated on:
February 1, 2025

To maintain a fair and secure trading environment, BrightFunded has established specific rules and guidelines, including certain prohibited practices. Below is an overview of the most pertinent information:

1. Prohibited Trading Practices

To ensure market integrity, BrightFunded prohibits the following behaviors:

  • Exploiting Service Errors: Taking advantage of service errors, such as delays in price display or updates, is strictly prohibited.
  • Use of Unauthorized Software: Employing software, artificial intelligence, ultra-high-speed trading, or mass data entry methods that could abuse the system or provide an unfair advantage is not allowed.
  • Prohibited Hedging Practices: Hedging the same financial instrument across different trading accounts is strictly prohibited. If detected, a first-time violation will result in a soft breach, including a warning and closure of all trades. A second violation will lead to permanent account closure. Hedging within the same account is permitted.
  • Unauthorized Copy Trading: Copy trading is allowed only between accounts owned by the same individual. Copying trades between accounts not owned by the same person, including those of relatives or friends, is strictly prohibited. Violations can lead to profit deductions, account resets, or account closure.

2. News Trading Policy

BrightFunded's guidelines for trading around news events are as follows:

  • Phase 1 and Phase 2: Traders can trade around news events freely, with no restrictions.
  • Funded Star Account: Trading within a 10-minute window surrounding significant news releases—defined as 5 minutes before and 5 minutes after the event—is prohibited. Violations will result in a deduction of the profit made on that particular trade. Executed trades during this period that lead to a loss won't be compensated. This is considered a soft breach and will not result in account termination.

3. Risk Management Guidelines

BrightFunded advises traders to adhere to prudent risk management practices:

  • Negative Available Margin: If your available margin falls below zero, resulting in a negative available margin, this will constitute a soft breach of your account.

Adhering to these rules and guidelines is essential for maintaining your account's standing with BrightFunded. Engaging in prohibited practices can lead to actions ranging from warnings to the termination of the account and cessation of cooperation. For the most detailed and up-to-date information, please refer to BrightFunded's official Terms & Conditions and Help Center.

BrightFunded
4.6
4
reviews
Updated on:
February 11, 2025

Breach Rule Update:

Negative Available Margin or Hedging Between Different Accounts,If your account is found with a Negative Available Margin or Hedging Between Different Accounts, you will receive a Soft Breach instead of a Hard Breach. Only the trades that caused the breach will be closed, enabling you to resume trading on the affected accounts without disruption.

NOTE: If a Negative Available Margin is detected, the relevant account will always be subject to a Soft Breach. However, if Hedging Between Different Accounts is detected, a Soft Breach will be issued only once. After this initial Soft Breach, the relevant accounts will be subject to a Hard Breach.‍Effective Tuesday, August 13, 2024‍

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