BrightFunded Free $1,000 Prop Firm Challenge: No Fee, No Deposit, Uncapped Payouts

BrightFunded, a prop trading firm established in 2023, is offering a Free $1,000 Challenge Account with no entry fee, no credit card, and no deposit required. Traders who pass the single-phase evaluation qualify for a funded account with an 80% profit share and uncapped payouts paid in real cash.

The challenge uses simulated capital — but payouts after passing are real cash, credited within 24 hours. BrightFunded currently serves 27,500+ active traders across 120+ countries.

Note: A limited number of Free $1K Challenges can be claimed per country each day. If today's slots are taken, try again the following day.

Free $1K Challenge at a Glance

Cost	$0 — no fee, no card, no deposit
Account Size	$1,000 (simulated capital)
Phases to Pass	1
Profit Target	$100 (10% of $1,000)
Daily Loss Limit	3% ($30)
Max Total Loss	6% ($60)
Payout Ratio	80% of simulated profits
Payout at 5% Profit	$40 real cash
Payout Cap	None (uncapped)
24-Hour Payouts	Yes
Scaling Plan	Not available on free plan

What Traders Should Know Before Participating

• Confirm eligibility with BrightFunded support before signing up. The free $1K challenge has a rolling 24-hour claim limit per country — and in some countries, slots are already fully claimed for the day. Attempting to verify without an available slot will result in an error. Contact BrightFunded support first to confirm whether slots are currently available in your country.
• Eligible traders must complete 3 activation steps. To claim the free challenge, new traders are required to complete three tasks as directed by BrightFunded: (1) verify email address, (2) verify via WhatsApp, and (3) complete a trading survey. All three must be done before the challenge account is activated.
• Daily claim limit applies. Free $1K slots are limited per country per day — if today's slots are taken, try again the following day.
• Simulated capital, real payouts. The $1,000 account uses simulated funds. Only profits after passing the challenge are paid out as real cash.
• No scaling on the free plan. Unlike paid plans, the free $1K challenge does not include a scaling plan — your account stays at $1,000.
• Payout is 80% of simulated profit. For example, if you earn $50 in simulated profit, you receive $40 in real cash.

Trading Risk note: Prop firm challenges use simulated capital. Passing the evaluation does not guarantee consistent funded payouts. Trading involves skill, risk management, and discipline — not all traders will pass the evaluation. Always review the full terms on the official BrightFunded website before starting.

Website: brightfunded Official site