Bespoke Funding Program is a prop firm based in Dubai and operates under the legal name of Bespoke Educational Services – FZCO, The firm has been operating for over 2 years now and has over 10 thousand funded traders and provided a total payout of 6 million dollars. Bespoke Funding Program has 4 different types of challenge programs which cater to each type of trader. When it comes to Trading Platform, Bespoke Funding Program provides ThinkTrader trading platform with TradingView integration. There is also an exciting scaling plan for funded traders in which they can grow their Account Sizes, daily drawdown limits, reduce payout time and also get salary each month.

Company details

Company Name : Bespoke Funding Program

Company Legal Name : Bespoke Educational Services – FZCO

Registration no. : 12240204

CEO : Lewis Kaler

Started in 2022

Registered in : UAE

Challenge details : 

Bespoke Funding Program offers 4 type of challenges, Classic Challenge, Trader’s Choice, 12% Challenge and 1-Phase challenge.

CLASSIC CHALLENGE :-

Prices :

• $10,000 : $129
• $25,000 : $239
• $50,000 : $329
• $100,000 : $529
• $200,000 : $949
• $300,000 : $1409
• $400,000 : $1879

Rules :

Simulated Trading Days : No Time Limit

Phase 1  Profit Target : 8%

Phase 2  Profit Target : 5%

Max Loss : 10%

Max Daily Loss : 5%

Leverage : 
Indices – 1:10, Metals – 1:18, Forex – 1:60, Crypto – 1:2

Max Lot Size : Max lot size is based on the account size the trader is trading on.

$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

Allows copy trading : Yes

Payout Frequency : 14 Days

Minimum Trading Days : 3 days

TRADERS CHOICE Challenge :- 

Prices :

• $10,000 : $99
• $25,000 : $239
• $50,000 : $304
• $100,000 : $499
• $200,000 : $919
• $300,000 : $1369
• $400,000 : $1849

Rules : 

Phase 1  Profit Target : 8%

Phase 2  Profit Target : 5%

Max  Loss : 8%

Max  Daily Loss : 5%

Drawdown Type : Balance Based Drawdown

Time Limit : No Time Limit

Leverage : Indices – 1:10, Metals – 1:18, Forex – 1:100, Crypto – 1:2

Max Lot Size : $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

Payout Frequency : 14 Days

Allows copy trading : Yes

Min Trading Days : 0

12% CHALLENGE :-

Prices :

• $10,000 : $109
• $25,000 : $214
• $50,000 : $392
• $100,000 : $519
• $200,000 : $939
• $300,000 : $1399
• $400,000 : $1899

Rules :

Phase 1  Profit Target : 8%

Phase 2  Profit Target : 5%

Max Loss : 10%

Max Daily Loss : 5%

Leverage : 1:100

Max Lot Size : Max lot size is based on the account size the trader is trading on.

$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

Allows copy trading : Yes

Payout Frequency : 30 Days

Minimum Trading Days : 3 days

1-Phase CHALLENGE :-

Prices :

• $10,000 : $109
• $25,000 : $214
• $50,000 : $392
• $100,000 : $519
• $200,000 : $939
• $300,000 : $1399
• $400,000 : $1899

Rules :

Profit Target :10%

Max Loss : 6%

Max Daily Loss : 4%

Leverage : 
Indices – 1:10, Metals – 1:18, Forex – 1:100, Crypto – 1:2

Max Lot Size : Max lot size is based on the account size the trader is trading on.

$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

Allows copy trading : Yes

Payout Frequency : 14 Days

Minimum Trading Days : 0 days

Time Limit : Unlimited

Trading Platform :- Bespoke Funding Program provides MatchTrader and cTrader as their trading platforms.

Tradable Instruments :- Traders can trade FX pairs and CFD Indices, Metals and Cryptocurrencies.

Other Details :

Scaling Plan :-

Bespoke Funding Program provides a really attractive Scaling plan with few key benefits , Bespoke Funding Program call their Scaling Plan “BFP Growth Plan”.

In BFP Growth Plan, Traders get these extra benefits if they they meet all the criteria for scaling, 

BFP Growth Plan has a total of 4 stages and Each stage a trader ascend to, the benefits will be increased accordingly.

(stage 1)

Profitability Criteria : 2 out of the 3 months must be profitable.

Time - Trading for 3 months on a singular account to be eligible

Payouts : 3 x payouts on the account

Benefits :- 

Daily Drawdown : will not increase in stage 1

Withdrawal Time : 10-day payout & 10% account increase (balance not equity)

Salary: 1

(stage 2)

Profitability Criteria : 4 out of the 6 months must be profitable

Time : Trading for 6 months on a singular account to be eligible

Payouts : 6 x payouts on the account

Benefits :- 

Daily Drawdown : increased to 6% daily loss limit

Withdrawal Time : 7-day payout & 20% account increase (balance not equity)

Salary : Up to $500

(stage 3)

Profitability Criteria  : 6 out of the 9 months must be profitable

Time : Trading for 9 months on a singular account to be eligible

Payouts : 9 x payouts on the account

Benefits :-

Daily Drawdown : Up to 7% daily loss limit

Withdrawal Time : 3-day payout & 30% account increase (balance not equity)

Salary : Up to $1000

(stage 4)

Profitability Criteria : 8 out of the 12 months must be profitable

Time : Trading for 12 months on a singular account to be eligible

Payouts : 12 x payouts on the account

Benefits :- 

Daily Drawdown : No increase

Withdrawal Time : 3-day payout & 30% account increase (balance not equity)

Salary : Up to $1500

Note - (If any of the criteria is not met then the scaling plan won’t apply)

Other Things to keep in mind:-

How is daily drawdown calculated :

Daily Drawdown is recalculated based on balance based drawdown which means the drawdown limit will increase as the trader’s account size increases due to profit and stay still. This type of drawdown does not decrease the drawdown limit.

News Trading Rules :

For 1-Step challenge, Classic Challenge and Trader’s choice challenge , Traders are allowed to trade news in evaluation phases but on funded phase, Traders are not allowed to trade before and after 2 minutes of any High Impact News. Any profit made in this 4 minutes window will be removed.

In 12% challenge, Traders are not allowed to trade before and after 3% of any High Impact News, although if a swing trade is open then traders are allowed to hold their positions.

Strategies that are not allowed :

There are few strategies that are not allowed which include-

• High Frequency Trading
• Latency Arbitrage
• Grid Trading
• Martingale
• Arbitrage
• Tick Scalping
• Copying trades from someone else’s account

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

Payout Methods :

Bespoke Funding Program gives payout via Riseworks.