Prop firm rules

BrightFunded rules, in plain English

2-Step Classic · forex/CFD · 10 rules read from the firm's own pages

Independent summary. Not affiliated with, endorsed by or paid by any firm listed. Names belong to their owners. Rules change - check the firm's page before you buy. Report a change

Short answer: on the 2-Step Classic plan, our summary of BrightFunded's public pages: daily loss: Daily loss limit is 5%, based on the higher of equity and balance; max loss / drawdown: Maximum drawdown is 10% and static. We read these on 2026-11-05 from the firm's public pages (links below). Rules change: check the firm's page before you trade.

Takeaway

For the example trader, the max loss rule is the one most likely to end this 2-Step Classic account, with a 15% chance that a loss rule breaks within 30 trading days. Your own trades give different numbers: try them in the Prop Firm Rules Check.

BrightFunded rules: our plain-English summary

Daily loss

Daily loss limit is 5%, based on the higher of equity and balance. Applies to: 2-Step Classic.

Firm's page for BrightFunded daily loss (opens in a new tab) · checked 2026-11-05

Max loss / drawdown

Maximum drawdown is 10% and static. Applies to: 2-Step Classic.

Firm's page for BrightFunded max loss / drawdown (opens in a new tab) · checked 2026-11-05

Consistency rule (challenge)

No consistency rule is currently enforced. Applies to: BrightFunded (firm-wide statement).

Firm's page for BrightFunded consistency rule (challenge) (opens in a new tab) · checked 2026-11-05

News trading

News trading is unrestricted during Phase 1 and Phase 2. Applies to: Phase 1 and Phase 2.

Firm's page for BrightFunded news trading (opens in a new tab) · checked 2026-11-05

Weekend / overnight holding

Holding positions over the weekend is allowed. Applies to: BrightFunded (firm-wide statement).

Firm's page for BrightFunded weekend / overnight holding (opens in a new tab) · checked 2026-11-05

Copy trading

Copy trading is allowed only between accounts owned by the same person. Applies to: BrightFunded (firm-wide statement).

Firm's page for BrightFunded copy trading (opens in a new tab) · checked 2026-11-05

Hedging

Hedging the same instrument across different accounts is strictly prohibited. Applies to: Phase 1, Phase 2 and Funded Accounts.

Firm's page for BrightFunded hedging (opens in a new tab) · checked 2026-11-05

Inactivity

A new trade must be placed within 30 calendar days of the last close. Applies to: all account types (Phase 1, Phase 2, Funded).

Firm's page for BrightFunded inactivity (opens in a new tab) · checked 2026-11-05

Payout timing

Requested payouts are processed by finance within a maximum of 1 day. Applies to: BrightFunded payout requests.

Firm's page for BrightFunded payout timing (opens in a new tab) · checked 2026-11-05

Other payout terms

Profit share from Phase 1 and Phase 2 is 15%. Applies to: 2-Step Classic.

Firm's page for BrightFunded other payout terms (opens in a new tab) · checked 2026-11-05

Not yet checked (we could not confirm it on a page we could read): Profit target, Minimum trading days, Profit split. That does not mean there is no such rule; check the firm's page.

What these rules mean in money

  • Account size used: US$100,000 (the size the firm's page gives its numbers for).
  • Daily loss room: US$5,000 = 5% of the account. At 1% risk per trade that is 5 full losses in one day; at 0.5% risk, 10.
  • Total loss room: US$10,000 = 10% of the account, static (the floor never moves). At 1% risk that is 10 losses in a row before the account ends.
  • The daily limit is 50% of the total loss room, so two bad days at the daily limit use up the account.
Same example trader on this firm's stated rules (simulation, not a forecast)
WithinBreaks a loss rule
5 trading days2.6%
10 trading days7.3%
30 trading days15%

How the table is made: the same made-up trader on every firm page takes 4 trades a day, wins 45% of them, wins 1.5 times what a loss costs, and risks 1% of the starting balance per trade. We replayed 20,000 random 30-day runs against this firm's stated loss limits and target (first event wins; only closed trades counted, so real accounts with open-trade swings break limits more often). Real traders differ, so read these as a way to compare rule sets, not as a rating of any firm.

Rules that can catch you if…

  • …one very good day makes most of your profit: see "Consistency rule (challenge)" above.
  • …you trade around big news: see "News trading" above.
  • …you hold trades overnight or over a weekend: see "Weekend / overnight holding" above.
  • …you copy trades from another account or person: see "Copy trading" above.
  • …you hold trades both ways at once: see "Hedging" above.
  • …you take a long break: see "Inactivity" above.
  • …you need a payout soon: see "Payout timing" above.

Compare and check

Independent summary. Not affiliated with, endorsed by or paid by any firm listed. Names belong to their owners. Rules change - check the firm's page before you buy. Report a change

We take no commission from any prop firm: no affiliate links, no discount codes, no ratings. General information, not financial advice.