General FAQ’s

If you have any unanswered questions simply email Support@bespokefundingprogram.com and we’ll aim to reply within 24 hours.

What is the difference between a Hard Breach and Soft Breach rule?
  • A soft breach of your account means that we will close all trades that have violated the rule/s. A soft breach however, allows you to continue trading on your assessment phase or continue with your funded account if you have already passed our challenge.

 

  • A hard breach of your account means that you have violated either the daily loss limit or max trailing drawdown rule. A violation of either one or both of these rules will result in a hard breach of your account. A hard breach unfortunately means you will fail your assessment phase or your funded trading account will be removed.
What is 1 lot equal to on the Trading Platform?
  • Forex – 1 lot = $100k notional
  • Index – 1 lot = 1 Contracts (SPX500 – 1 lot – 10 Contracts)
  • Cryptos – 1 lot = 1 coin
  • Silver – 1 lot = 5000 ounces
  • Gold – 1 lot = 100 ounces
  • Oil – 1 lot = 100 barrel
How many lots can I trade? (Max Lots with Risk)

Please find below the maximum lots available a trader can have open across all pairs at any given time, depending on the account size they buy:

$10,000 – 4 lots with risk
$25,000 – 10 lots with risk
$50,000 – 20 lots with risk
$100,000 – 40 lots with risk
$250,000 – 100 lots with risk
$500,000 – 200 lots with risk
$1,000,000 – 400 lots with risk

For example; if you are trading on the $100,000 account and you enter a long position in EURUSD with 20 lots at a price of of 1.2000 and a stop loss of 1.1800, you have 20 lots placed with risk, therefore leaving 20 lots surplus remaining to be placed if you wish. If price moves up and you place your stop loss to 1.2000 then you no longer have risk on your trade. Consequently you would then have another 40 lots available to trade, in addition to the 20 lots available that is currently open.

Please note:
If too many trades are placed with risk, then our system may liquidate all trades that currently have risk.
Margin and leverage requirements apply, meaning you may not be able to trade up to the maximum.

Is there a breach for inactivity?

Yes. On every account, we require you to place at least one trade every 30 days. If this is not done we will consider your account inactive and a breach of your account will occur. 

Do I have to use one of your accounts for the Assessment or can I use my own?

Our assessment accounts have built in technology that allow us to analyse your performance in real time. This means we can monitor your trades for achievements and breaches. As a result, you must use the account we provide to you.

What Platform can I trade on?

Our risk management technology is currently integrated with the ThinkTrader, along with pricing and execution are provided by our broker, Think Markets.

What products can I trade?

You can trade any products offered by Think Markets. This includes FX pairs and CFD Indices, Metals and Cryptocurrencies.

What is the leverage?

The leverage is as follows:

Classic Challenge

Indices – 1:10

Metals – 1:18

Forex – 1:60

Crypto – 1:2

Traders Choice Challenge

Indices – 1:10

Metals – 1:18

Forex – 1:100

Crypto – 1:2

What are the trading hours?

Trading hours are set by Think Markets.  We do not have any control over the trading hours. You can see the trading hours for each product by right-clicking on any product in the Market Watch window of the or platform and selecting Specifications from the dropdown menu.

Please note that holidays can have an impact on available trading hours.

Additionally, pursuant to the no holding trades over the weekend rule, we close all open trades at 3:45pm EST on Fridays.

Do your accounts charge commissions?

Thinkmarkets Commission (Per Lot)

  • Forex – $7 per lot
  • Metals – $7 per lot
  • Indices – $0
  • Crypto – $0
Can I use an Expert Advisor?

Yes, you can trade using an Expert Advisor. We do not allow any malicious expert advisors such as:

  • HFT
  • Grid / Martingale
  • Arbitrage
  • Tick scalping
Can I trade using malicious practices?

No. trading styles deemed malicious include, but are 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 of trades placed elsewhere

• Trading in any way that jeopardizes the relationship Prop Account has with a broker or may result in the canceling of trades

• Trading in any way that creates regulatory issues for the Broker

• Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass assessment accounts

• Utilizing an EA to pass an assessment and then manual trading the funded account

There are a number of companies marketing and selling off-the-shelf EA’s aimed at passing Evaluations/Funded Challenges. This is NOT a representation of a profitable trader and falls under Malicious Practices.

How will I see the charge on my Statement? Charges come across in the name of Dashboardanalytix.com. 

If you are found to be using any malicious practises on our website you will be blacklisted from using Bespoke Funding Program and no refund shall be given.

How are taxes handled?

When trading a Funded account for our firm, you are treated as an independent contractor. As a result, you are responsible for any and all taxes on your profit share. We offer no advice on handling taxes.

What Strategies Are Not Permitted?

Although we do not allow EA’s for HFT, Grid, Martingale, Arbitrage and tick scalping, we do not allow them to be manually traded this way either

Martingale – You are not permitted to use martingale, smooth martingale, or any other form of martingale manually. Including DCA.

Grid – No form of manual grid trading is allowed. You can not have limits on either side of price and increase these limits further in the opposite direction of price.

Arbitrage – You can not manually arbitrage the account

Tick scalping – You are not permitted to manually tick-scalp or trade with high frequency

Trade Copying

You are allowed to trade copy from any other of your own accounts to your Bespoke Funding Program account.

What is the minimum age I must be to be part of your program?

You must be at least 18 years of age to purchase an assessment.

Auto-Close Feature

Our auto-close feature will automatically close your trades out when you hit profit target on the challenge phases of your account. This means if you miscalculate your TP or have many trades open at once, they will all close and you’ll be able to move on to the next stage of your challenge.

Meta quotes sends data back to our systems up to 7 seconds. When we receive the information that your equity is above your profit target, we close all trades. This means your trades will need to be above the profit target for up to 7 seconds (sometimes it could be 2 sometimes it could be 7) for our systems to close your trades

How Long does it take to receive my Funded account?

We utilise RISE to issue trader agreements and process withdrawals. Upon passing your assessment phase with us, you will receive an email from our partner RISE with details on how to access and complete your trader agreement.

Once this agreement is completed and signed, and your ‘Know You Customer (KYC)’ documents have been provided, your funded account will be created, funded and your account details issued to you typically within 72 hours, although this may take longer in some circumstances.

If your country does not allow RISE we will manually send the contract via DocuSign / Email.

Get Funding with a few Easy Steps

Step 1

Purchase Account

Step 2

Pass Evaluation Phases and show that you can trade!

Step 3

Receive up to $2,000,000 in active funding with BFP

Step 1

Purchase Account

Step 2

Pass Evaluation Phases and show that you can trade!

Step 3

Receive up to $2,000,000 in active funding with BFP

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Join Our Discord Community

Challenge Type

  • Traders Choice
  • Standard Challenge

Account Size

  • $10,000
  • $25,000
  • $50,000
  • $100,000
  • $200,000
  • $300,000
  • $400,000

Account Type

Trading Platform