Bespoke Funding is a proprietary trading firm that has a passion for identifying hidden talent in the prop trading industry. They strive to create unique funding opportunities for traders worldwide.
- Unlimited trading period to complete evaluation phases
- Excellent Trustpilot rating of 4.4/5
- Maximum allocation capital of up to $4,000,000
- Profit share of 80%
- Bi-weekly payouts
- Overnight and weekend holding allowed
- News trading allowed
- Scaling account option
- Leverage up to 1:100
- A large variety of trading instruments (forex pairs, commodities, indices, cryptocurrencies)
- No minimum trading day requirements (Rapid challenge)
- No Free Trial
- Lot size limitations
Bespoke Funding is a proprietary trading firm that has a passion for identifying hidden talent in the prop trading industry. They strive to create unique funding opportunities for traders worldwide by creating approachable ways to become a professional, funded trader who can remotely manage their capital. They allow traders to work with up to $4,000,000 in funding and take home up to 80% profit splits. Traders can achieve this by trading forex pairs, commodities, indices, and cryptocurrencies.
Who are Bespoke Funding?
Bespoke Funding is a proprietary firm incorporated on the 26th of September, 2022. They offer traders a chance to choose between two different funding programs: the Classic and the Rapid two-step evaluation programs. They have offices located in London while offering traders account sizes up to $400,000 in balance and up to 80% profit splits. Bespoke Funding is partnered with ThinkMarkets as their broker.
Their headquarters are located at Gemma House, Lilestone Street, London, England, NW8 8SS.
Who is the CEO of Bespoke Funding?
Zak Wilding and Lewis Kaler are co-founders of Bespoke Funding. Note that we will be adding more information about their co-founders in the future. Stay tuned!
Video Review
Funding program options
Bespoke Funding offers its traders two different programs to choose from:
- Classic challenge accounts
- Rapid challenge accounts
Classic challenge account
Bespoke Funding classic challenge account aims to identify serious and talented traders who are rewarded for their consistency in the two-phase evaluation period. The classic challenge account allows you to trade with 1:60 leverage.
| Account Size | Price |
|---|---|
| $10,000 | $129 |
| $25,000 | $239 |
| $50,000 | $329 |
| $100,000 | $529 |
| $200,000 | $949 |
| $300,000 | $1,409 |
| $400,000 | $1,879 |
Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are allowed to take your time to complete phase one since there are no maximum trading day limitations. However, you are required to trade a minimum of 3 trading days in order to proceed to phase two.
Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are allowed to take your time to complete phase one since there are no maximum trading day limitations. However, you are required to trade a minimum of 3 trading days in order to proceed to a funded account.
By completing both evaluation phases, you are awarded a funded account where you have no profit targets. You are only required to respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted on a bi-weekly basis. Your profit split will be 80% based on the profit you make on your funded account.
Classic challenge account scaling plan
Classic challenge accounts also have a scaling plan. You are required to receive a payout of 8% or more within a four-month period where three out of the four months were profitable. You will receive an account increase of 40% of the original account balance.
Example:
After 4 months: If you have a $200,000 account, your account balance will increase to $280,000.
After next 4 months: Balance of $280,000 increases to $360,000.
After next 4 months: Balance of $360,000 increases to $440,000.
And so on…
Trading instruments for the classic challenge accounts are forex pairs, commodities, indices, and cryptocurrencies.
Classic challenge account rules
- Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Phase 1 profit target is 8% while phase 2 has a profit target of 5%. Funded accounts have no profit targets.
- Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 5%.
- Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 10%.
- Minimum trading days is the minimum period which you are required to trade for before you can complete an evaluation phase, or request a withdrawal. Both phases have a 3 minimum trading day requirement.
- Lot size limit requires traders to follow specified lot sizes for specific trading instruments. These are most usually set based on the initial account balance of the prop firm account. You can see the maximum lots available a trader can open across all pairs at any given time depending on their account size:
- $10,000 – 4 lots
- $25,000 – 10 lots
- $50,000 – 20 lots
- $100,000 – 40 lots
- $200,000 – 80 lots
- $300,000 – 120 lots
- $400,000 – 160 lots
- No martingale allowed means that traders are not allowed to use any type of martingale strategy while trading.
- Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
- Third-party EA risk means that if you intend to use an EA, you should keep in mind that by using a third-party EA, there might be other traders that are already using it and therefore using exactly the same trading strategy. By using a third-party EA, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
Rapid challenge account
Bespoke Funding rapid challenge account aims to identify serious and talented traders who are rewarded for their consistency in the two-phase evaluation period. The rapid challenge account allows you to trade with 1:100 leverage.
| Account Size | Price |
|---|---|
| $10,000 | $99 |
| $25,000 | $195 |
| $50,000 | $304 |
| $100,000 | $499 |
| $200,000 | $919 |
| $300,000 | $1,369 |
| $400,000 | $1,849 |
Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. In order to proceed to phase two, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.
Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. In order to proceed to funded status, you are only required to reach the 5% profit target without breaching the maximum daily or maximum loss limit rules.
By completing both evaluation phases, you are awarded a funded account where you have no profit targets. You are only required to respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted on a bi-weekly basis. Your profit split will be 80% based on the profit you make on your funded account.
Rapid challenge account scaling plan
Rapid challenge accounts also have a scaling plan. You are required to receive a payout of 8% or more within a four-month period where three out of the four months were profitable. You will receive an account increase of 40% of the original account balance.
Example:
After 4 months: If you have a $200,000 account, your account balance will increase to $280,000.
After next 4 months: Balance of $280,000 increases to $360,000.
After next 4 months: Balance of $360,000 increases to $440,000.
And so on…
Trading instruments for the rapid challenge accounts are forex pairs, commodities, indices, and cryptocurrencies.
Rapid challenge account rules
- Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Phase 1 profit target is 8% while phase 2 has a profit target of 5%. Funded accounts have no profit targets.
- Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 5%.
- Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 8%.
- Lot size limit requires traders to follow specified lot sizes for specific trading instruments. These are most usually set based on the initial account balance of the prop firm account. You can see the maximum lots available a trader can open across all pairs at any given time depending on their account size:
- $10,000 – 4 lots
- $25,000 – 10 lots
- $50,000 – 20 lots
- $100,000 – 40 lots
- $200,000 – 80 lots
- $300,000 – 120 lots
- $400,000 – 160 lots
- No martingale allowed means that traders are not allowed to use any type of martingale strategy while trading.
- Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
- Third-party EA risk means that if you intend to use an EA, you should keep in mind that by using a third-party EA, there might be other traders that are already using it and therefore using exactly the same trading strategy. By using a third-party EA, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
Bespoke Funding’s special features
While working with Bespoke Funding, traders can also enjoy the following features:
- Balance-based drawdown, which is very beneficial for profitable traders, as well as swing traders, compared to the industry standard equity-based drawdown,
- When hitting your profit targets during your evaluation periods, an auto close feature will take place, meaning that it will automatically close all of your trades as you have successfully qualified for phase two or funded account,
- Challenge credentials are instant with all funding programs and challenge phases,
- Payouts and the account reset are both processed within 24 hours, meaning that you can start trading again within the 24-hour period.
What makes Bespoke Funding different from other prop firms?
Bespoke Funding is different from most industry-leading prop firms due to offering two different funding programs: the Classic Challenge and the Rapid Challenge accounts. They also have almost no restrictions on your trading style. You can trade during news, hold trades overnight, and during the weekends. You should only keep in mind that they have a lot size limit and that martingale is prohibited.
Bespoke Funding classic challenge accounts have a two-phase evaluation that requires traders to complete two phases before being eligible for payouts. The profit target is 8% in phase one and 5% in phase two, with a 5% maximum daily and 10% maximum loss rules. You also have a 3 minimum trading days requirement in both phases before becoming funded. Classic challenge accounts also have a scaling plan. Compared to other industry-leading prop firms, they have relatively low profit targets and no maximum trading day requirements.
Example of comparison between Bespoke Funding & Finotive Funding
| Trading objectives | Bespoke Funding | Finotive Funding |
|---|---|---|
| Phase 1 Profit Target | 8% | 7.5% |
| Phase 2 Profit Target | 5% | 5% |
| Maximum Daily Loss | 5% | 5% |
| Maximum Loss | 10% | 10% |
| Minimum Trading Days | 3 Calendar Days | No Minimum Trading Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% | 75% up to 95% |
Example of comparison between Bespoke Funding & Funded Trading Plus
| Trading objectives | Bespoke Funding | Funded Trading Plus (Advanced) |
|---|---|---|
| Phase 1 Profit Target | 8% | 10% |
| Phase 2 Profit Target | 5% | 5% |
| Maximum Daily Loss | 5% | 5% |
| Maximum Loss | 10% | 10% (Trailing) |
| Minimum Trading Days | 3 Calendar Days | No Minimum Trading Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% | 80% up to 90% |
Example of comparison between Bespoke Funding & FundedNext
| Trading objectives | Bespoke Funding | FundedNext (Stellar) |
|---|---|---|
| Phase 1 Profit Target | 8% | 8% |
| Phase 2 Profit Target | 5% | 5% |
| Maximum Daily Loss | 5% | 5% |
| Maximum Loss | 10% | 10% |
| Minimum Trading Days | 3 Calendar Days | 5 Calendar Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% | 80% up to 90% |
Bespoke Funding rapid challenge accounts also have a two-phase evaluation that requires traders to complete two phases before being eligible for payouts. The profit target is 8% in phase one and 5% in phase two, with a 5% maximum daily and 8% maximum loss rules. You also have no minimum trading days requirement in both phases before becoming funded. Rapid challenge accounts also have a scaling plan. Compared to other industry-leading prop firms, they have relatively low profit targets with no minimum or maximum trading day requirements.
Example of comparison between Bespoke Funding & Funding Pips
| Trading objectives | Bespoke Funding | Funding Pips |
|---|---|---|
| Phase 1 Profit Target | 8% | 8% |
| Phase 2 Profit Target | 5% | 5% |
| Maximum Daily Loss | 5% | 5% |
| Maximum Loss | 8% | 10% |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% | 80% up to 90% |
Example of comparison between Bespoke Funding & True Forex Funds
| Trading objectives | Bespoke Funding | True Forex Funds (Limitless) |
|---|---|---|
| Phase 1 Profit Target | 8% | 8% |
| Phase 2 Profit Target | 5% | 5% |
| Maximum Daily Loss | 5% | 5% |
| Maximum Loss | 8% | 10% |
| Minimum Trading Days | No Minimum Trading Days | 5 Calendar Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% | 80% |
Example of comparison between Bespoke Funding & Blue Guardian
| Trading objectives | Bespoke Funding | Blue Guardian (Unlimited |
|---|---|---|
| Phase 1 Profit Target | 8% | 8% |
| Phase 2 Profit Target | 5% | 4% |
| Maximum Daily Loss | 5% | 4% |
| Maximum Loss | 8% | 8% |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% | 85% |
In conclusion, Bespoke Funding is different from other industry-leading prop firms by offering two different funding programs: the Classic challenge and the Rapid challenge. In addition, they also offer traders relaxed trading rules with almost no restrictions. You should only keep in mind that they have a lot size limit and that martingale is prohibited.
Is getting Bespoke Funding capital realistic?
It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit your forex trading style. For example, a company offering a high % profit split on a highly funded account sounds great, but if they expect high % gains per month with low % maximum drawdowns, your chances of success become close to zero.
Receiving capital from the classic challenge accounts is realistic mostly since they have relatively low profit targets (8% in phase one and 5% in phase two) with average maximum loss rules (5% maximum daily and 10% maximum loss).
Receiving capital from the rapid challenge accounts is realistic mostly since they have relatively low profit targets (8% in phase one and 5% in phase two) with slightly below average maximum loss rules (5% maximum daily and 8% maximum loss).
After considering all of that, Bespoke Funding is an excellent choice to get funded since you have two different funding programs you can choose from that have realistic trading objectives to follow and conditions to receive payouts.
Payment proof
Bespoke Funding was incorporated on the 26th of September, 2022. Traders can receive their first withdrawal after 14 calendar days on Classic and Rapid challenge accounts, while the next payouts are also based on a bi-weekly basis. Note that once funded, neither of the two funding programs has any profit targets in order to be eligible to request a payout.
You can mostly find examples of payout proof on Bespoke Funding’s Discord channel under the ”Payout Proof” section. Below you can see some examples of payment proof.
Which brokers does Bespoke Funding use?
Bespoke Funding uses ThinkMarkets as its broker.
ThinkMarkets is a premium multi-asset online brokerage with headquarters located in London and Melbourne. They provide quick and easy access to a wide range of markets while delivering some of the most recognized trading solutions: MetaTrader 4, MetaTrader 5, and their in-house developed ThinkTrader platform.
As for trading platforms, they allow you to trade on MetaTrader 4 or MetaTrader 5.
Trading instruments
Bespoke Funding allows you to trade forex pairs, commodities, indices, and cryptocurrencies with 1:10 up to 1:100 leverage, depending on the funding program that you are trading on.
| FOREX: | USDCHF | GBPUSD | EURUSD | EURJPY | USDCAD |
| AUDUSD | EURGBP | EURAUD | EURCHF | EURJPY | GBPCHF |
| CADJPY | GBPJPY | AUDNZD | AUDCAD | AUDCHF | AUDJPY |
| CHFJPY | EURNZD | EURCAD | CADCHF | NZDJPY | NZDUSD |
| GBPAUD | GBPCAD | GBPNZD | NZDCAD | NZDCHF | EURHUF |
| EURCZK | EURDKK | ERUHKD | EURNOK | EURPLN | EURSEK |
| EURTRY | EURZAR | GBPDKK | GBPNOK | GBPSEK | NOKSEK |
| USDCNH | USDCZK | USDDKK | USDHKD | USDHUF | USDILS |
| USDMXN | USDNOK | USDPLN | USDRUB | USDSEK | USDSGD |
| CADSGD | USDTRY | USDZAR | EURSGD |
| COMMODITIES: | XAUUSD | XAGUSD | XPTUSD | COPPER | NGAS |
| UKOil | USOil |
| INDICES: | US30 | SPX500 | DAX | US30 | UK100 |
| ESP35 | JPY225 | FRA40 | EUSTX50 | NAS100 |
| CRYPTO: | BTCUSD | XRPUSD | DASHUSD | EOSUSD | ETHUSD |
| IOTAUSD | LTCUSD | NEOUSD | OMGUSD | XMRUSD | BCHUSD |
| BNBUSD | BATUSD | ETCUSD | TRXUSD | XLMUSD | ZECUSD |
| DOGEUSD | SHBUSD1000 | ADAUSD | SOLUSD | DOTUSD | AVAUSD |
Trading fees
Trading commission:
| Assets | Fee terms |
|---|---|
| FOREX | 4 USD / LOT |
| COMMODITIES | 0 USD / LOT |
| INDICES | 0 USD / LOT |
| CRYPTO | 0 USD / LOT |
Spread:
In order to check the live spreads login to the trading account below:
| Platform | Server | Login number | Password | Download platform |
|---|---|---|---|---|
| MetaTrader 4 | ThinkMarkets-Demo | 10850006 | rsv24bffq2 | Click here |
| MetaTrader 5 | ThinkMarkets-Demo | 9400064 | rsv24bffq2 | Click here |
Education & Support for traders
Bespoke Funding does not provide any educational content on its website. They only have a blog on their website, where traders can gain some general information regarding planning and strategizing, fundamental analysis, risk management, and trading psychology.
In addition, a thread can be found on ForexFactory named ‘’PROP FIRM HUB’’ made by MasterrMind, where Bespoke Funding also gets mentioned numerous times.
To see the mentioned thread click here.
In addition, Bespoke Funding also provides a well-structured dashboard that all of their clients can access, making it easier to manage risk with all the objectives of their statistics.
Traders’ Comments about Bespoke Funding
Bespoke Funding has excellent feedback from reviews.
On Trustpilot, they have a large variety of their community commenting and giving positive feedback with an excellent score of 4.4/5 out of 767 reviews. They have a reliable support team that will provide you with all the necessary information in a prompt manner whenever you are in need through their live chat.
Their community praises their support team for their fast response time. Additionally, a member of their community suffered an issue when Bespoke Funding migrated from Eightcap to ThinkMarkets, and they resolved the issue after he contacted them. The client also mentioned that their trading conditions are one of the best within the prop trading firm industry.
Someone also stated that after having some personal issues, their support team was happy to help. He mentioned that Bespoke Funding shows that they actually care about their clients, which is always a very positive statement to hear about a proprietary trading firm.
Social media statistics
Bespoke Funding can also be found on social media.
They have a:
- Twitter account with 15,6k followers,
- Instagram account with 53,7k followers, and
- Facebook page with 172 followers.
In addition, Bespoke Funding also has a Discord channel with 7,564 members, where you can communicate with other traders from their community.
Support
Bespoke Funding has a FAQ page where you might find the missing information.
The support team is available on their social media, or you can directly contact them on their email [email protected].
In addition, they also have an active live chat support team on their website that will offer you the necessary support whenever you are in need.
Conclusion
In conclusion, Bespoke Funding is a legitimate proprietary trading firm that offers traders a chance to choose between two different funding programs: the Classic Challenge and the Rapid Challenge accounts.
Classic challenge accounts are industry-standard two-phase evaluation challenges that require the completion of two phases before becoming funded and being eligible to earn profit splits. Bespoke Funding requires traders to reach profit targets of 8% in phase one and 5% in phase two before becoming funded which are realistic trading objectives considering you have a 5% maximum daily and 10% maximum loss rules to follow. With classic challenge accounts, you can earn 80% profit splits while also being able to scale your accounts.
Rapid challenge accounts, on the other hand, are also industry-standard two-phase evaluation challenges that require the completion of two phases before becoming funded and being eligible to earn profit splits. Bespoke Funding requires traders to reach profit targets of 8% in phase one and 5% in phase two before becoming funded which are realistic trading objectives considering you have a 5% maximum daily and 8% maximum loss rules to follow. With rapid challenge accounts, you can earn 80% profit splits while also being able to scale your accounts.
I would recommend Bespoke Funding to anyone who is looking for a prop firm with straightforward trading rules. You should only keep in mind that they have lot size limitations and that the martingale trading strategy is prohibited. After considering everything Bespoke Funding has to offer, they are for sure one of the industry-leading prop firms.
This review about Bespoke Funding was lastly updated on 02.11.2023 at 10:08 (CE(S)T).
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