BEM Funding
Traded on cTrader and MT5.
Markets
Platforms
-
cTrader
-
MT5
- Max. allocation
- $200K
- Leverage on FX
- 1:100
Rules at a Glance
BEM Funding rules in full
Profit target: 9% of the initial balance Maximum daily loss: 3% of the initial balance Maximum trailing drawdown: 5% of the initial balance Minimum trading requirement: At least 3 trading days, with each trading day achieving a minimum realized profit of 0.5% of the initial balance Once all conditions are met and the rules are followed, your evaluation is considered successfully completed. After passing the evaluation, you gain access to a BEM Account with Reward on Demand, allowing you to request rewards at any time, provided all eligibility conditions are met.
Scaling rules
BEM Funding review
BEM Funding is the trading name of Bex Software Development, a company incorporated in the United Arab Emirates and based at Meydan Grandstand in Dubai, while its MetaTrader 5 accounts are run by BEM Ltd in Saint Lucia. Traders choose MetaTrader 5 or cTrader, and prices and rules are the same on both. There are four challenges. BEM One is a one step evaluation with a 9% target, a 3% daily loss limit and a 6% maximum loss that trails the closed balance until it locks at the starting balance, with no minimum trading days. BEM One Only uses the same limits with a 6% target and a 30% best day rule. BEM Classic is a two step evaluation with targets of 9% and 4.5%, a 4.5% daily limit, a 9% static maximum loss and three qualifying days per phase. BEM Classic Swing keeps those rules but is swap free and allows overnight and weekend holding at every stage. The one step models run from $5,000 to $200,000 and the two step models to $100,000, with list prices from $39 for a $5,000 Classic to $890 for a $100,000 Classic Swing. Every funded account pays an 80% split, on demand for the one step models and every 14 days on the two step models. There is no time limit.
Suits
Disciplined forex and crypto traders who keep risk per position small and want a one step evaluation with rewards paid on demand.
Less suited to
Avoid BEM Funding if you live in the United States, the United Arab Emirates, Saudi Arabia or Qatar, rely on third party expert advisors, or open large positions once funded, since funded risk is capped at 1.2% per symbol or 2% in total depending on the model.
Pros
- BEM One has no minimum trading days and no consistency rule during the evaluation.
- Funded traders on BEM One and BEM One Only can request rewards on demand instead of waiting for a fixed date.
- BEM One Only asks for a 6% target and allows news trading and weekend holding at every stage.
- BEM Classic uses a static 9% maximum loss fixed to the starting balance, with forex leverage of up to 1:100.
- An optional add on refunds the evaluation fee with the first reward.
Cons
- Trustpilot shows no rating for BEM Funding, stating that the rating is unavailable due to a breach of its guidelines.
- After the evaluation, risk on any single symbol is capped at 1.2% of the starting balance, and BEM One Only caps total open risk at 2%.
- Funded BEM One and BEM Classic accounts must close forex, metals, indices and energies positions before the weekend.
- Every reward carries a 2% processing fee, and rewards under $1,500 are paid only in USDC.
- Residents of the United States, the United Arab Emirates, Saudi Arabia and Qatar cannot join.
Verdict
BEM Funding's main strength is choice. BEM One has no minimum days and no consistency rule during the evaluation, BEM One Only has a low 6% target and allows news trading and weekend holding at every stage, BEM Classic offers a static 9% maximum loss with forex leverage of up to 1:100, and BEM Classic Swing adds swap free weekend holding. The one step models also pay rewards on demand rather than on a fixed cycle. The funded stage is stricter than the evaluations suggest. After passing, risk on any single symbol is capped at 1.2% of the starting balance, and BEM One Only caps total open risk at 2%, with each breach cutting the split by 20 percentage points for the life of the account. Funded BEM One and Classic accounts must close forex, metals, indices and energies positions before the weekend and cannot act on affected instruments within four minutes of high impact news. A BEM One reward must be at least half the daily drawdown amount, which is $1,500 on a $100,000 account. Rewards under $1,500 are paid only in USDC, every reward carries a 2% fee, and reviews take up to three business days. Expert advisors need written approval. Trustpilot shows no rating for BEM Funding, stating that the rating is unavailable due to a breach of its guidelines, and lists 217 reviews. The firm suits disciplined forex and crypto traders who size positions small and want a one step route with on demand rewards.
Payouts
Weekly (every 7 days). Processing within 1-2 business days. Note: Trade splitting/structuring violations can result in denial of funded account.
Leverage and Commissions
| Market | 1 Step | 2 Step | Commission |
|---|---|---|---|
| FX | 1:30 | 1:100 | per lot ($2) |
| Metals | 1:15 | 1:30 | traded volume (0.00007%) |
| Indices | 1:15 | 1:50 | No Commission charges ($0) |
| Energy | 1:15 | 1:30 | Not listed |
| Crypto | 1:1.5 | 1:2 | traded volume (0.025%) |
Firm Details
- Platforms
- cTrader, MT5
- Markets
- FX, Metals, Indices, Crypto
- Payment methods
- Cryptocurrencies, Credit / Debit Cards, PayPal, and Kora
- Payout methods
- Rise Works and Cryptocurrency
Questions about BEM Funding
Is BEM Funding legit?
BEM Funding is the trading name of Bex Software Development, a company incorporated in the United Arab Emirates with an address at Meydan Grandstand in Dubai. Its MetaTrader 5 accounts are operated by BEM Ltd, registered in Saint Lucia. All accounts are simulated. Trustpilot lists 217 reviews but shows no rating, stating that the rating is unavailable due to a breach of its guidelines and that it removed a number of fake reviews.
How much does a BEM Funding challenge cost?
List prices are the same on MetaTrader 5 and cTrader. A $10,000 account costs $89 on BEM One, $90 on BEM One Only, $99 on BEM Classic and $155 on BEM Classic Swing. A $100,000 account costs $520, $460, $519 and $890 respectively. The one step models also come in a $200,000 size at $790 and $750. The fee is a one time payment with no recurring charges.
What is the difference between BEM One and BEM One Only?
Both are one step evaluations with a 3% daily loss limit and a 6% trailing maximum loss. BEM One needs a 9% target with no consistency rule until funded, then a 35% best day rule. BEM One Only needs 6% with a 30% best day rule at every stage, allows news trading and weekend holding throughout, and caps total open risk at 2% once funded.
How do BEM Funding payouts work?
Funded accounts keep 80% of profits. BEM One and BEM One Only use Reward on Demand, while BEM Classic and Classic Swing accounts pay every 14 days, or every 7 days with a paid add on. The minimum is $150 after the split. Rewards below $1,500 are paid in USDC and larger rewards through Rise Works, with a 2% fee and a review of up to three business days.
Does BEM Funding allow news trading and weekend holding?
It depends on the model. BEM One Only allows both at every stage. BEM One and BEM Classic allow weekend holding during the evaluation, but funded accounts must close forex, metals, indices and energies positions before the Friday close. Outside BEM One Only, funded accounts cannot trade affected instruments from four minutes before to four minutes after high impact news, while crypto pairs are exempt.
Can I use an expert advisor at BEM Funding?
Only an automated system that you own or developed yourself, and only after BEM Funding gives written approval. Third party expert advisors, systems where you do not own the source code, high frequency trading and tick scalping are all prohibited. Copying trades from other traders is banned, although copying between your own funded accounts may be allowed after passing.
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