Bespoke Funding Review
Bespoke Funding operates as a proprietary trading firm under its formal registration name, Bespoke Educational Services – FZCO. Established on September 26, 2022, this firm is strategically based in Dubai, United Arab Emirates. Leadership is provided by co-founders Zak Wilding and Lewis Kaler. Offering traders a choice among four distinct account types, Bespoke Funding also facilitates three two-stage evaluations and a single-stage evaluation, all while collaborating with ThinkMarkets as their chosen brokerage partner.
- Platforms for Prop Trading: Match Trader, cTrader, TradingView
- Participation cost: from $32 to $392
- Available capital for management: from $5,000 to $100,000
- Leverage Available up to 1:100
- Distinctive Capital Allocation Initiatives
- Dashboard for Expert Market Participants
- An Extensive Selection of Market Tools (Currency Pairs, Raw Materials, Market Indices, Digital Currencies)
- Leverage Options as High as 1:100
- Unrestricted Trading Frequency
- Flexible Trading Schedule Options with Expedited & Single-phase Challenges
- Capital Expansion Strategy
- Development Plan Options
- Automated Liquidation System
- Initial Compensation after a Fortnight
- Payments Every Two Weeks
- Profit Distribution Ranging from 80% to 85%
- Permissible Overnight & Weekend Positions
- Trading During Market News Events Allowed
- Equity-based Risk Limitation
Go to the Bespoke Funding website >>>
Expert Advisors Suitable for this Prop Firm:
Bespoke Funding Programs
Bespoke Funding is committed to creating unique financial opportunities for traders worldwide, offering accessible routes for individuals to transition into professional, funded traders who can manage their capital remotely. Participants have the chance to generate significant returns, with the ability to handle accounts up to $400,000 and benefit from profit shares as high as 85%. Achievements in profitability can be realized by trading a diverse array of financial assets, such as currency pairs, commodities, market indices, and digital currencies.
Classic Challenge Bespoke Funding Program
Bespoke Funding rules:
Profit Goals – Traders are required to reach a certain profit percentage to successfully complete an evaluation phase, make withdrawals, or scale their trading accounts. In Phase 1, the profit goal is established at 8%, while Phase 2 sets a goal of 5%. There are no predetermined profit targets for funded accounts.
Daily Loss Cap – Traders have a defined loss limit they can incur in a single trading day without violating the terms of the account. This cap is set at 5% across all account sizes, though it can be adjusted up to 7%.
Overall Loss Limit – There is a ceiling on the total loss a trader can sustain without compromising their account. For all account sizes, the maximum allowable loss is capped at 10%.
Trading Day Minimum – Traders must operate for a minimum number of days to conclude an evaluation phase successfully. Each evaluation phase mandates a minimum of 3 trading days.
Lot Size Restrictions – There are specific lot size limits for various trading instruments, generally determined by the initial balance of the trading account. For details on lot size restrictions, please consult the spreadsheet provided below.
- No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.
Participation cost:
- $10,000 - $129
- $25,000 - $239
- $50,000 - $329
- $100,000 - $529
- $200,000 - $949
- $300,000 - $1,409
- $400,000 - $1,879
Bespoke Funding's Classic Challenge offers traders the chance to oversee accounts ranging from $10,000 to $400,000, designed to pinpoint proficient traders who can generate profits and manage risks effectively during a two-step evaluation. Participants in the Classic Challenge can utilize leverage up to 1:60.
- Evaluation Phase One: Traders must achieve an 8% profit target while adhering to a 5% maximum daily loss and a 10% total loss limit. There are no upper limits on the number of trading days for this phase, but traders must engage in at least three trading days to advance to the next phase.
- Evaluation Phase Two: Traders need to meet a 5% profit target without exceeding the 5% daily loss cap or the 10% total loss threshold. Similar to the first phase, there are no caps on the number of trading days; however, a minimum of three trading days is required to move forward to a funded account.
Upon successful completion of both phases, traders receive a funded account with no restrictions on minimum withdrawals. Continued adherence to the 5% daily loss and 10% total loss limits is mandatory. The first payout occurs 14 calendar days after the initial trade in the funded account, with subsequent opportunities for bi-weekly withdrawals. Profits on the funded account are split 80% in favor of the trader.
Bespoke Funding's Classic Challenge includes a dynamic scaling plan designed to reward consistent profitability. Traders who maintain profitability for at least three of the previous four months, with an average return of 8% across those three months, qualify for a significant increase in their account size—40% of the initial balance.
Scaling Example:
- After 4 Months: A trader successfully managing a $100,000 account who meets the criteria can elevate their account size to $140,000.
- After the Next 4 Months: Continuing the success, the now $140,000 account can be increased to $180,000.
- Following Another 4 Months: If the profitability continues, the account grows further from $180,000 to $220,000.
- Continuation: The process repeats under the same conditions, promoting sustained performance growth.
This scaling strategy underscores Bespoke Funding’s commitment to fostering growth and enabling traders to expand their financial management capabilities progressively.
Rapid Challenge Bespoke Funding Program
Bespoke Funding rules:
Profit Objectives – Traders are tasked with hitting a specific profit percentage to effectively complete an evaluation phase, enable withdrawals, or expand their trading account size. For Phase 1, the required profit objective is 8%, while Phase 2 sets this target at 5%. Funded accounts, however, are not subject to any predefined profit objectives.
Daily Loss Limit – There is a cap on the amount a trader can lose in a single trading day without violating account conditions. For all account sizes, the daily loss limit is set at 5%, with the possibility to extend this limit up to 7%.
Overall Loss Cap – Traders are also limited in the total amount they can lose, with an overarching loss cap set at 8% across all account sizes to prevent account breaches.
Lot Size Restrictions – There are specified limits on lot sizes for various trading instruments, typically determined by the initial balance of the trading account. For specific lot size limitations, traders should consult the provided spreadsheet.
Prohibition on Martingale Strategies – The use of martingale strategies, which involve doubling down on losing bets, is strictly prohibited during trading activities.
Participation cost:
- $10,000 - $99
- $25,000 - $195
- $50,000 - $304
- $100,000 - $499
- $200,000 - $919
- $300,000 - $1,369
- $400,000 - $1,849
Bespoke Funding's Rapid Challenge offers traders the chance to oversee accounts ranging from $10,000 to $400,000, aimed at discovering proficient traders who can consistently generate profits and manage risks during a structured two-step evaluation. This challenge grants up to 1:100 leverage, facilitating broader trading strategies.
- Evaluation Phase One: Participants need to achieve an 8% profit target without exceeding a 5% maximum daily loss or an 8% total loss limit. There are no minimum or maximum trading day requirements in this phase; advancing to the next phase solely depends on meeting the 8% profit target without violating loss limits.
- Evaluation Phase Two: Traders are tasked with reaching a 5% profit target while adhering to the same loss constraints: a 5% daily loss cap and an 8% overall loss limit. Similar to the first phase, there are no trading day constraints, and progression to a funded account hinges on achieving the profit target without breaching loss limits.
Upon successful completion of both phases, traders qualify for a funded account without minimum withdrawal stipulations. They must continue to observe the 5% daily loss and 8% overall loss rules. The initial payout occurs 14 days after the first trade is executed in the funded account, with subsequent withdrawals permissible every two weeks. Profits on the funded account are split at 80% in favor of the trader.
Bespoke Funding's Rapid Challenge features a progressive scaling plan that rewards consistent profitability. If a trader consistently generates profits in at least three of the previous four months, achieving an average return of 8% over those three months, they qualify for an account size increase of 40%.
Scaling Plan Example:
- After 4 Months: A trader who successfully maintains a $100,000 account under the profitability criteria can increase their account to $140,000.
- After the Next 4 Months: If the trader continues to meet the profitability requirements, the now $140,000 account can be boosted to $180,000.
- Following Another 4 Months: Should the trader sustain their performance, the account further escalates from $180,000 to $220,000.
- Continuing Forward: This scaling continues under the same performance conditions, facilitating substantial growth in trading capacity.
This structured approach to scaling ensures that traders who demonstrate skill and consistent profitability are given ample opportunities to enhance their trading potential.
12% Challenge Bespoke Funding Program
Bespoke Funding rules:
Profit Objectives: Traders are required to meet specific profit targets to successfully complete an evaluation phase, withdraw earnings, or expand their trading account. The profit target for Phase 1 is established at 9%, while Phase 2 sets a target of 6%. Funded accounts are not subject to designated profit targets.
Daily Loss Threshold: There is a maximum daily loss limit set at 5% across all account sizes, which can be adjusted up to 7%, to ensure traders do not breach their accounts in a single trading day.
Overall Loss Cap: The total permissible loss a trader can incur without compromising their account is capped at 12% for all account sizes.
Minimum Trading Duration: Traders must engage in trading for at least three days during each evaluation phase to meet the requirements for progression.
Lot Size Restrictions: Specific limitations on lot sizes are imposed for various trading instruments, usually based on the initial balance of the trading account. Detailed lot size limitations can be found in the accompanying spreadsheet.
Martingale Strategy Prohibition: The use of any martingale strategies, which involve increasing bet sizes after a loss, is strictly forbidden during trading activities.
Participation cost:
- $10,000 - $109
- $25,000 - $214
- $50,000 - $392
- $100,000 - $519
- $200,000 - $939
- $300,000 - $1,399
- $400,000 - $1,899
Bespoke Funding’s 12% Challenge offers traders the chance to manage accounts from $10,000 to $400,000, aiming to discover and cultivate profitable traders who are adept at risk management. This challenge permits trading with leverage up to 1:60.
- Evaluation Phase One: Traders are required to achieve a 9% profit target without exceeding a 5% maximum daily loss or a 12% overall loss. There are no limits on the number of trading days in this phase, but traders must engage in at least three trading days to move on to the next phase.
- Evaluation Phase Two: In this phase, traders must reach a 6% profit target while adhering to the same loss constraints of a 5% daily maximum and a 12% total maximum. Similar to the first phase, there are no specified maximum trading days, but a minimum of three trading days is required to advance to a funded account.
Upon successful completion of both evaluation phases, traders qualify for a funded account without minimum withdrawal limits. The key stipulations to maintain the account include observing the 5% daily loss and 12% total loss limits. The initial payout occurs 14 calendar days after the first trade on the funded account, with the option for bi-weekly withdrawals thereafter. Traders enjoy an 85% share of the profits generated on their funded accounts.
The 12% Challenge incorporates a strategic scaling plan designed to reward consistent profitability. To be eligible for an account size increase, traders must demonstrate profitability in at least three of the last four months, with an average return of 8% over that three-month period. This success qualifies them for an increase in their account size by 40%.
Scaling Plan Example:
- After 4 Months: A trader who maintains a $100,000 account and meets the profitability criteria can increase their account to $140,000.
- After the Next 4 Months: Should the trader continue to achieve the required profitability, their account size increases further from $140,000 to $180,000.
- Following Another 4 Months: If the trader sustains their performance, the account grows from $180,000 to $220,000.
- Continuing Successively: This pattern repeats under the same performance conditions, allowing substantial growth in the trader's financial management capabilities.
This approach incentivizes sustained trading excellence and risk management, facilitating growth in the trader’s capital and potential earnings.
One-phase Challenge Bespoke Funding Program
Bespoke Funding rules:
Profit Goals – Traders are required to hit a specific profit target of 10% to successfully complete an evaluation phase, authorize earnings withdrawals, or qualify for scaling their trading account. Note that once accounts are funded, they do not have any pre-set profit targets.
Daily Loss Maximum – There is a cap on potential losses in a single trading day, set at 4% across all account sizes, to prevent breaches of the trading account.
Total Loss Limit – The overall loss a trader is permitted to sustain without jeopardizing their account is capped at 6% for all account sizes.
Lot Size Constraints – Restrictions on lot sizes for specific trading instruments are generally determined based on the initial balance of the trading account. For detailed information on lot size limitations, please consult the accompanying spreadsheet.
Martingale Strategy Ban – The use of martingale strategies, which involve doubling bets after a loss, is strictly prohibited in all trading activities.
Participation cost:
- $10,000 - $129
- $25,000 - $239
- $50,000 - $329
- $100,000 - $529
- $200,000 - $949
Bespoke Funding’s One-phase Challenge offers traders the opportunity to oversee accounts ranging from $10,000 to $200,000. This challenge is designed to pinpoint disciplined traders who demonstrate profitability and effective risk management within a singular, streamlined evaluation period. Participants in this challenge can engage in trading with up to 1:60 leverage.
Evaluation Requirements: Traders need to achieve a profit target of 10% while ensuring they do not exceed a 4% maximum daily loss or a 6% overall loss limit. Importantly, there are no restrictions on the number of trading days during this phase. Advancing to a funded account solely requires meeting the 10% profit target without violating the specified loss limits.
Completion and Advancement: Successfully meeting the evaluation criteria results in the award of a funded account, which comes with no minimum withdrawal restrictions. Traders must continue to adhere to the 4% daily loss and 6% total loss regulations. The initial payout is scheduled for 14 calendar days after the first trade is made in the funded account, with subsequent withdrawals permissible every two weeks. The profit distribution for traders is set at an 80% share of the profits earned on the funded account.
The One-phase Challenge incorporates a scaling plan that incentivizes consistent performance and profitable trading. Traders who demonstrate profitability over a period of three months, achieving at least an 8% average return and maintaining profitability in three out of the last four months, become eligible for a substantial account size increase of 40%.
Scaling Plan Example:
- After 4 Months: A trader who successfully manages a $100,000 account and meets the profitability criteria will see their account size increase to $140,000.
- After the Next 4 Months: If the trader continues to meet these performance benchmarks, the now $140,000 account can be expanded to $180,000.
- Following Another 4 Months: Continuing the trend of success, the account grows further from $180,000 to $220,000.
- Continuing Forward: This pattern repeats under the same performance conditions, offering opportunities for significant growth in the trader's financial management capabilities.
This scaling strategy is designed to reward sustained trading excellence and effective risk management, encouraging traders to continually improve their skills and expand their trading capacity.
The Best Prop Firm passed software are here:
Bespoke Funding, established on September 26, 2022, is a proprietary trading firm known for its robust community of traders who have attained funded status and are eligible for a substantial profit split.
Upon achieving funded status through Bespoke Funding's trading challenges—Classic, Rapid, 12%, or One-phase—you qualify for your initial payout 14 calendar days after your first trade. Subsequent payouts are also available every 14 days provided your profits exceed the initial account size. Profit splits are attractive, with 80% for the Classic, Rapid, and One-phase Challenge accounts, and an elevated 85% for participants in the 12% Challenge.
For those seeking verification of Bespoke Funding’s payment practices, ample evidence is accessible online. Trustpilot features reviews from traders sharing their experiences and confirming receipt of payouts. Additionally, Bespoke Funding’s Discord and YouTube channels offer further validation, including payout certificates and interviews with successful traders, showcasing their success stories and financial achievements with the firm.
Bespoke Funding Review and Our opinion about this Prop Firm
Bespoke Funding stands out as a reliable and esteemed proprietary trading firm, offering traders a selection of four comprehensive funding programs: the Classic, Rapid, and 12% Challenges—each a two-step evaluation process—and the One-phase Challenge, a streamlined single-step evaluation.
Classic Challenge: This two-step evaluation is considered an industry benchmark that requires traders to meet 8% and 5% profit targets in the first and second phases, respectively, to manage a funded account with 80% profit splits. The trading rules include a 5% maximum daily loss and a 10% maximum loss overall. Traders are afforded the flexibility of no maximum trading days, though a minimum of three days per phase is required. A notable feature is the scaling plan, which offers the potential to significantly increase the initial account balance.
Rapid Challenge: Similar in structure to the Classic, this challenge also demands completion of two phases with profit targets of 8% and 5%, respectively, under the constraints of a 5% maximum daily loss and an 8% total loss limit. It provides flexibility in trading schedules, with no fixed number of trading days required, allowing traders to operate at their own pace. The inclusion of a scaling plan further enhances the opportunity to expand account balances.
12% Challenge: This program ups the ante with profit targets of 9% and 6% in its two phases and offers a higher profit split of 85%. The loss limits are set at a 5% daily maximum and 12% overall. Like the other challenges, traders need to trade a minimum of three days in each phase without a cap on the maximum number of days, complemented by a scaling plan that boosts the account size based on consistent profitability.
One-phase Challenge: This streamlined option requires traders to achieve a 10% profit target in a single evaluation phase to manage a funded account, with an 80% profit split. The trading conditions include a 4% daily maximum loss and a 6% total loss limit, with complete flexibility in trading days. The scaling plan here also offers significant potential for account growth.
Bespoke Funding is highly recommended for those seeking a trusted proprietary trading firm that caters to a wide array of trading styles. The firm’s distinctive features include unlimited trading duration, scalable daily drawdowns, initial withdrawals after just 14 days, and bi-weekly payouts thereafter. Given all that Bespoke Funding provides, it represents an attractive option within the proprietary trading industry for traders globally.
