FXCI
Use promo code "FUNDEDTRADING" and get 15% discount. Challenge cost $42, funding amount $5K!
Plus and cons of Bespoke Funding Program
Start your career with a Prop Trading firm offering traders unique financing options and cutting-edge technology. Bespoke's mission is to build a community of skilled traders managing significant capital, enabling them to achieve their personal trading goals. Here’s a look at the advantages and disadvantages of partnering with Bespoke, as well as an overview of the company and its key features.
Updated 27-07-2024
Pros
- Profit Sharing: Traders receive 80% of the profits made, ensuring substantial earnings for successful trades.
- High Capital Access: Trade with up to $2,000,000 in total funded capital, offering the potential for significant financial growth.
- Instant Credentials: Immediate access to trading accounts upon purchase, allowing traders to start without delay.
- No Time Limit: No time restrictions on challenge accounts, reducing stress and allowing traders to pass the challenge at their own pace.
- Auto-Close Feature: Positions automatically close once the profit target is reached, helping traders secure their gains.
- BFP Growth Plan: Successful traders benefit from a growth plan that includes a monthly salary, quicker payout times, increased balance, and a higher daily drawdown allowance.
- Advanced Technology: Access to cutting-edge trading platforms and remote capital management tools.
- Tier-1 Liquidity: Benefit from high-quality liquidity, ensuring smooth and efficient trading operations.
- Global Reach: Operations cover over 160 countries, providing a broad international presence.
- Community Support: Join a supportive community through Bespoke’s Discord channel, fostering networking and knowledge sharing.
Cons
- High Initial Cost: The cost to join and access the full benefits can be prohibitive for some traders.
- Stringent Profit Targets: Meeting the profit targets to progress can be challenging and stressful for less experienced traders.
- Risk Management Requirements: Strict risk management rules may limit trading strategies and flexibility for some traders.
Pros
- Profit Sharing: Traders receive 80% of the profits made, ensuring substantial earnings for successful trades.
- High Capital Access: Trade with up to $2,000,000 in total funded capital, offering the potential for significant financial growth.
- Instant Credentials: Immediate access to trading accounts upon purchase, allowing traders to start without delay.
- No Time Limit: No time restrictions on challenge accounts, reducing stress and allowing traders to pass the challenge at their own pace.
- Auto-Close Feature: Positions automatically close once the profit target is reached, helping traders secure their gains.
- BFP Growth Plan: Successful traders benefit from a growth plan that includes a monthly salary, quicker payout times, increased balance, and a higher daily drawdown allowance.
- Advanced Technology: Access to cutting-edge trading platforms and remote capital management tools.
- Tier-1 Liquidity: Benefit from high-quality liquidity, ensuring smooth and efficient trading operations.
- Global Reach: Operations cover over 160 countries, providing a broad international presence.
- Community Support: Join a supportive community through Bespoke’s Discord channel, fostering networking and knowledge sharing.
Cons
- High Initial Cost: The cost to join and access the full benefits can be prohibitive for some traders.
- Stringent Profit Targets: Meeting the profit targets to progress can be challenging and stressful for less experienced traders.
- Risk Management Requirements: Strict risk management rules may limit trading strategies and flexibility for some traders.
Brand Story
The Bespoke Funding Program (BFP) empowers traders globally by providing unique funding opportunities combined with state-of-the-art technology. Bespoke's goal is to become the leading Forex proprietary trading firm, supporting traders with the capital they need to succeed in the market. Bespoke prioritises the growth and achievements of traders, aligning Bespoke success with theirs.
Key Features
Custom Growth Plans:Bespoke growth plans tailored to successful traders to help them scale their trading operations.
Regular Payouts:Efficient and regular payout system ensures traders receive their profits without unnecessary delays.
Educational Resources:Access to a wealth of educational materials and resources to help traders improve their skills and strategies.
Advanced Risk Management Tools:Tools and features designed to help traders manage risk effectively and maximise profitability.
Community Engagement:Active community engagement through forums and social media channels to foster a collaborative trading environment.
Innovative Challenges:Unique trading challenges designed to test and improve traders' skills in a real-world trading environment.
How it works?
Choose from 4 programs:
- Traders Choice
- Classic Challenge
12% challenge
1-Phase
Traders Choice
The Traders Choice Program is structured into three main steps: Challenge Step 1, Challenge Step 2, and becoming a Funded Trader. Each step has specific parameters and conditions designed to test and support traders on their path to managing substantial capital.
Below is a summary table outlining the key features of each step:
Below is a summary table outlining the key features of each step:
Trading Rules
- Max Daily Loss:Traders must ensure their daily losses do not exceed 5% of the account balance to effectively manage risk.
- Max Loss:The total allowable loss is capped at 8% of the account balance, preventing excessive drawdowns.
- Profit Target:To progress, traders must achieve a profit target of 8% in Step 1 and 5% in Step 2, demonstrating their trading proficiency and consistency.
Classic Challenge
The Classic Trading Program is divided into three main steps: Challenge Step 1, Challenge Step 2, and becoming a Funded Trader. Each step is designed to assess and support traders in their journey to managing significant capital. Below is a summary table outlining the key features of each step:
Trading Rules
- Max Daily Loss:Ensure that your daily losses do not exceed 5% of your account balance to manage risk effectively.
- Max Loss:The total allowable loss is capped at 10% of your account balance, preventing excessive drawdowns.
- Profit Target:Achieve a profit target of 8% in Step 1 and 5% in Step 2 to progress and demonstrate your trading proficiency and consistency.
12% challenge
The 12% challenge Program consists of three main stages: Challenge Step 1, Challenge Step 2, and becoming a Funded Trader. Each step is designed to evaluate and support traders in their journey towards managing substantial capital. The table below summarises the key features of each step.
Trading Rules
- Max Daily Loss:Ensure that your daily losses do not exceed 5% of your account balance to manage risk effectively.
- Max Loss:The total allowable loss is capped at 12% of your account balance, preventing excessive drawdowns.
- Profit Target:Achieve a profit target of 9% in Step 1 and 6% in Step 2 to progress and demonstrate your trading proficiency and consistency.
1-Phase
The 1-Phase Program consists of two main stages: Challenge Step 1 and becoming a Funded Trader (Step 2). Each step is designed to evaluate and support traders on their path to managing significant capital. The table below summarises the key features of each step.
Trading Rules
- Max Daily Loss:Ensure that your daily losses do not exceed 4% of your account balance to manage risk effectively.
- Max Loss:The total allowable loss is capped at 6% of your account balance, preventing excessive drawdowns.
- Profit Target:Achieve a profit target of 10% in Step 1 to progress and demonstrate your trading proficiency and consistency.
Bespoke Funding Program stands out by offering substantial capital, a supportive community, and advanced trading technology, making it an attractive choice for traders aiming to scale their trading operations and achieve significant success in the market.
General rules for all programs:
◉ Automated trading systems (EAs) such as HFT, Grid, Martingale, Arbitrage, and tick scalping are prohibited, manual trading using these methods is also strictly forbidden.
◉ Martingale: Manual use of martingale, smooth martingale, or any variant is not allowed, including DCA (dollar-cost averaging).
◉ Grid: Manual grid trading in any form is prohibited. Traders cannot set limits on both sides of price and subsequently expand these limits in the opposite direction of price movement.
◉ Arbitrage: Manual arbitrage trading on the account is not permitted.
◉ Tick scalping: Manual tick-scalping or high-frequency trading is strictly prohibited.
◉ Trade Copying. You are allowed to trade copy from any other of your own accounts to your Bespoke Funding Program account.
◉ Martingale: Manual use of martingale, smooth martingale, or any variant is not allowed, including DCA (dollar-cost averaging).
◉ Grid: Manual grid trading in any form is prohibited. Traders cannot set limits on both sides of price and subsequently expand these limits in the opposite direction of price movement.
◉ Arbitrage: Manual arbitrage trading on the account is not permitted.
◉ Tick scalping: Manual tick-scalping or high-frequency trading is strictly prohibited.
◉ Trade Copying. You are allowed to trade copy from any other of your own accounts to your Bespoke Funding Program account.