Quick Summary
BitFunded sells simulated crypto accounts through 2-Step, 1-Step, 1-Step Express and Instant Funding programs. The firm's FAQ states a fixed daily loss limit of 5% on 2-Step, 4% on 1-Step, 3% on 1-Step Express and 4% on Instant Funding, with maximum loss limits of 10% then 8% on 2-Step, 6% on 1-Step and Instant Funding, and 3% on 1-Step Express. Profit targets are 8% then 5% on 2-Step, 10% on 1-Step and 9% on 1-Step Express; Instant Funding has no target. Trading runs 24/7 with leverage from 1x to 5x. Fees are shown on the firm's site at checkout and are not listed here.
01Company Background
BitFunded presents itself as a crypto-native prop trading firm, with the heading 'since 2023' on its home page, and its support site calls it a prop firm dedicated to the crypto market. The pages read do not state a headquarters or a legal entity, so none is shown here.
Trading is simulated: the firm states that accounts are fully simulated and run on live market data from partner exchanges, on BitFunded's own platform, available on the web and as mobile apps on the App Store and Google Play. The firm lists simulated capital of up to 150,000 USDT, more than 100 crypto pairs and 20 traditional-market pairs.
02Challenge Types & Pricing
2-Step: profit targets of 8% then 5%, a daily loss limit of 5% and a maximum loss limit of 10% then 8%, profit split 80%.
1-Step: profit target 10%, daily loss limit 4%, maximum loss limit 6%, profit split 80%.
1-Step Express: profit target 9%, daily loss limit 3%, maximum loss limit 3%, profit split 80%.
Instant Funding: no profit target, daily loss limit 4%, maximum loss limit 6%, profit split 60%.
Loss limits are fixed percentages of the starting balance, and the daily limit resets at 00:00 UTC+8. There are no minimum trading days and no time limit on any challenge. The home page also lists a Day Trader format with durations of 1, 2, 4 or 8 hours; its terms are on the firm's site.
03Trading Rules Analysis
Leverage runs from 1x to 5x, and fees are 0.04% to open and 0.04% to close a position. Trading is manual: bots, Expert Advisors, scripts and API automation are not allowed, and hedging and copy or mirrored trading between accounts are not allowed. There is no weekend restriction. Maximum holding periods are 10 days for major crypto, 7 for minor crypto and 5 for traditional pairs; margin concentration is capped at 65% (55% on Instant Funding) and no more than 5 positions may be open at a time. Each payout period needs at least 2 closed trades (3 on Instant Funding), each open for at least 10 minutes. One user profile is allowed per person, and VPNs are allowed but may trigger an integrity review.
04Payout Process
The profit split is 80% on 2-Step, 1-Step and 1-Step Express and 60% on Instant Funding. On the challenge programs a trader can request up to 2 payouts per 30 days on the same challenge and up to 5 per 30 days across challenges, then one per month after 10 total payouts. Instant Funding allows one payout per month and requires 5% profit from the second payout onward. The trader sets a Profit Sharing Day between 2 and 60 days, which can be changed up to three times per 30 days, and the home page states payouts are processed within 24 hours after it. On 2-Step the entry fee is returned with the third successful payout in the Trader Stage when three payout cycles are completed with no rule violation; the other programs' fees are not refundable.
05True Cost Analysis
The fees for each program and size are shown on the firm's site at checkout and are not reproduced here. The firm states that the 2-Step entry fee is returned with the third successful payout in the Trader Stage, and that 1-Step, 1-Step Express and Instant Funding entry fees are not refundable. Trading fees inside the platform are 0.04% to open and 0.04% to close.
06Who Should Use BitFunded?
BitFunded suits traders who want to trade crypto pairs on simulated accounts around the clock, manually and with low leverage. Before buying, compare the loss limits and targets of the four programs, which differ, and check the holding-period and activity rules.
07Alternatives
CryptoFundTrader, also on PropFirm Key, is another firm built around crypto markets, while the forex and CFD firms listed on PropFirm Key trade currencies and indices rather than crypto pairs. Compare loss limits, leverage and payout rules across firms on the compare page.