12% Challenge

As an online virtual proprietary funding company created by traders, our passion lies in providing opportunities for new traders looking to scale up their trading careers by becoming funded traders.

In the past, obtaining trading capital has been a major roadblock for many traders. With our innovative funding program, any trader can significantly scale their capital and access a larger pool of funding, eliminating the challenge of being unable to trade due to low capital.

The 12% Challenge is designed for traders who are consistently profitable and can maintain steady results while adhering to stringent risk management criteria.

BFP ensures that we provide traders with the most trader-friendly rules and innovative features for their challenge accounts.

Our key benefits include:

• Trades auto-close when the profit target is reached
• Balance-based daily drawdown
• No time limit
• Instant credentials for both phases

The inactivity rule ensures that your account remains active. To comply, traders must place at least one trade within a 30-day period.

Failure to do so will result in your account becoming inactive, leading to a breach of the account.

As a proprietary trading company, we must implement certain rules to ensure that traders manage risk appropriately and trade ethically without exploiting the funded trading industry.

We do not allow trading styles deemed malicious, including but not limited to:

• Exploiting errors or latency in the pricing and/or platform(s) provided by the broker
• Utilizing non-public and/or insider information
• Front-running trades placed elsewhere
• Trading in ways that jeopardize the broker relationship or risk trade cancellations
• Engaging in activities that create regulatory issues for the broker
• Utilizing third-party strategies, off-the-shelf strategies, or those marketed to pass assessment accounts
• Using an EA (Expert Advisor) to pass the assessment and then switching to manual trading in the funded account

Several companies market and sell off-the-shelf EAs aimed at passing evaluations or funded challenges. This does NOT represent a genuinely profitable trader and is classified as a malicious practice.

If found engaging in any malicious practices, your account will be breached, and you will be blacklisted from using the Bespoke Funding Program. No refunds will be issued.

We allow traders to place and close trades during news events across all challenge phases without penalties.

However, for live funded accounts, trades must not be placed or closed within 3 minutes before or after high-impact news events (red-folder events).

Violating this rule will result in profits being deducted, and the account may be terminated. We advise all traders to carefully monitor news events.

Holding trades through news events is permitted.

Withdrawals from your account can be requested after a 30-day period, starting from the date the first trade was placed on your funded account.

Yes! A single trade cannot account for more than 50% of your total profit on the account. This rule applies to both the challenge and funded phases.

Example: If your total profit is $1,000, then no single trade may exceed $500 in profit. Any trades above this limit will be forfeited.