BEM Funding Review 2026

Quick Verdict

Back in 2016, when I started trading with prop firms, there were only a few major companies. Now we see the rise of new ones every few weeks. BEM Funding is one of those newly emerging firms. I bought a 5K challenge account to test out their features and see if it was worth it and can now confidently give it a:

Overall Rating: 4/5

BEM Funding was founded back in 2024. The company offers a much larger instrument base than most of its competitors and has a swap-free swing trading account. I noticed it still has to fix a couple of bugs in its trading dashboard and give clearer trading rules. They have separate terms of use pages for each program, a dense FAQ section, and a prohibited trading practices page. This can be extremely annoying for beginner traders who are just starting in prop trading. Instead of having all the rules clearly stated in one place you have to cross-check three different pages to understand their rules properly. Sometimes you will have to reach out to their support as well. If you miss this step you can risk hitting some rules and, as a result, get an account suspension. There is also a 0.5% minimum daily profit requirement, which is not great, but I will get to that later on. Overall, I would say that the company has covered some good ground in the last 2 years but there’s some definite room for improvement.

Is BEM Funding For You?

Best For:

• Swing traders: Swing traders can enjoy the swap-free option available with the Classic Swing account across all instruments.
• Crypto traders: The altcoin selection among the wide range of trading crypto players in the BEM Extended challenge is a heaven for anyone who prefers trading cryptocurrencies. 120 of the 180+ instruments in their portfolio consist of cryptocurrencies available with the extended challenge.
• Traders who want instrument variety: Traders who prefer diversifying their positions beyond crypto will like the variety of trading instruments available across forex, exotics, metals, indices, energies, and cryptocurrencies.

Possible Dealbreakers:

• Third-party EA users: Traders who prefer using trading algorithms will have to submit their trading style robot to BEM Funding before they can use it in their trading strategy. A written approval is required from the company, and you must own the source code.
• News traders: You cannot trade during news across all challenges except BEM One.

Pros & Cons

Trust

Can I Trust BEM Funding?

Company Stability

BEM Funding was established back in 2024. It is based in Meydan Grandstand, 6th floor, Meydan Road, Nad Al Sheba, Dubai, U.A.E. While the main branch is registered in the UAE there is also a second one in Saint Lucia. As per the company statement, it is responsible for operating MT5, while the former is responsible for operating DXtrade and cTrader. It is a relatively small company with only 2-10 employees according to their LinkedIn page.

Murat Kaya is the current CEO of the company. As per his profile, he was the Chief Operating Officer up until Aug 2025 and was promoted to CEO after that.

BEM Funding holds 2 company registrations. One is DEX Software Development LLC-FZ, which operates DX Trader and cTrader out of Dubai. The other one is registered in St. Lucia in 2026, which is called BEM Ltd. It operates MT5. The recency of the Saint Lucia registration in particular is worth noting.

The company has positioned itself as a provider of simulated trading and educational tools. It is not a financial services firm handling client funds. This is specifically mentioned in the website footer:

“BEM Funding provides access to trading accounts within a simulated environment. These accounts are for educational use only, evaluating users’ trading proficiency and risk management skills. At no time are users asked to deposit capital for investment purposes, nor do they risk their own funds.”

A statement often repeated with most prop firms.

Trustpilot Rating

The prop firm holds a 4.3-star rating from a total of 215 reviews on TrustPilot. 83% of all the reviews are five-star. I can see that the traders are complaining frequently about their accounts being flagged as risky and complicated trading rules. Overall, BEM Funding is trying to maintain a good public outlook by replying to almost 76% of the bad reviews. On the positive end, most of the five-star reviews are based on the company’s good customer support.

Prop Firm Match Rating

Prop Firm Match has a 4.8 rating for BEM Funding. This was obtained from a total of 28 reviews, which I believe is quite a small benchmark. For a much stronger public opinion, we need at least 100 reviews. It’s a good start anyway.

Transparency

BEM Funding does an okayish job when it comes to detailing its rules. For a deeper analysis, I had to go through their support. For example, they mention that you should avoid trading news. There is an economic calendar right in their dashboard that lists the news with low, medium, and high impact. But you should not use it, as their website states that you have to use one at the Forexfactory. One problem I encountered here was that the news link was not clickable.

As you can see, the link is not hyperlinked. So I had to Google the Forex Factory economic calendar to get to it, not a huge thing but would’ve been a slight inconvinence.

Trading Rules Transparency

While I prefer that all the prop firms list their main trading rules on the challenge pricing page, that is not the case. BEM Funding also lists them back in their FAQs. There is also a separate page by the name of Terms of Use, where you’ll find additional information on their challenges.

It’s interesting to note that they have listed BEM Ascend as a challenge type that is not found on the main challenge page. Upon consulting the support, they said that it’s for giveaways.

Apart from all the nitty-gritty, I went through BEM Funding’s separate Terms of Use pages, FAQs, and Prohibited Trading Practices document and pulled their major rules together in one place below.

Prohibited Strategies: BEM Funding bans Arbitrage trading, high-frequency trading, tick scalping, hedge/reverse arbitrage, and trade coordination or copy trading across accounts. You also cannot do martingale style, or one-sided bets that exploit the system.

Consistency Rule: The company does not state an implementation of the consistency rule. Yet they have a minimum daily profit requirement that sort of bakes this rule into the portfolio. As per the rule, each trading day must achieve 0.5% of the initial balance for the classic normal, swing, extended, and ascend programs. BEM One is the exception. It has a payout eligibility rule, i.e., no single trading day may account for more than 35% of the total generated profits at reward request.

Risk Limits: The rules are clear here. After you have completed your challenge, you cannot exceed more than 1.2% of the risk exposure on any given instrument. If you breach this, the system will close your trade. Do it three times, and your account will be suspended.

Account Policies: You cannot open more than one account. If the company finds out that you have double accounts, both will be closed. You also cannot transfer, sell, or gift an account. If you do not trade for 31 days, your account will be closed. You also cannot sit within 2% of your maximum loss limit for more than 30 consecutive days. Traders can purchase multiple challenges, though.

The company also says that you can merge two accounts, which goes against the rule that you cannot open more than one account statement. To clarify, I reached out to support. They stated that I may have more than one account at the same time; as long as I follow the rules, I won’t encounter any issues. They recommended that I pay close attention to the copy trading and hedging rules. They also said that I can combine two funded accounts if they haven’t been traded.

Penalty System: Be prepared to hold up a meeting with the company risk team if they find your trades to be risky. If they contact you, you must respond within 7 days and attend within 21 business days, or your account will be closed. Traders should note that BEM Funded doesn’t have a fixed penalty system. They follow a soft one. For eg, violating the news trading clause will earn you a soft breach at first. Repeat it again, and you’ll get a hard breach and an account termination.

Payout Transparency

BEM Funding has limited options when it comes to withdrawals. You can only take out your money via Rise Works (available for rewards above $1,500) or Cryptocurrency (USDC – ERC-20) (available for rewards below $1,500). Unfortunately, I couldn’t grab a detailed explanation on the withdrawal scenario as the two major links regarding the withdrawal methods were broken.

Payout Junction also holds no record of any payout from BEM Funding. You should note that some traders on TrustPilot have complained about payout issues; however, their number is small, i.e., 5, while those in favor are 13 out of a total of 215 reviews.

General Transparency

Website: The company uses a deep navy background with purple UI for branding. I find it a bit hard to navigate and understand stuff with the current color choice. You can find the challenge details, testimonials, Trustpilot reviews, and some general trading rules on the home page. The website is only available in English.

Social Media: The company is present on many social media platforms, including X, where it has over 25,000 followers. On LinkedIn, it has over 4,000 followers, and it also hosts over 100 videos on the YouTube channel, though the majority are short videos. You can also follow them on their Discord community, which has 288 members and is generally active. One thing to note is that their Instagram profile link isn’t working. It shows that the link is broken.

While there could be a thousand reasons for this. I believe financial companies are thoroughly scrutinized on social media platforms. The accounts can be subject to suspension if found in violation of policies.

Risk Management: The trading dashboard hosts all the key information, such as the program objectives, targets, and order history. They should also add a column for their mini consistency rule as well.

Challenges

The second one is that you have to visit the economic calendar at Forex Factory rather than the one that is present at BEM Funding. I mentioned this before as well, and you have to be careful with this.

BEM Funding Challenges Overview

How hard is the BEM Funding Challenge? (Difficulty vs. Industry Standards)

We calculate a dedicated difficulty score for each prop firm at FX Empire. To calculate it, we use important metrics such as time limit, minimum profitable trades, consistency rule, algorithmic trading, and profit-to-drawdown ratio. With a score of 73 for the one-step challenge, BEM Funding got a high difficulty ranking.

Very Low Difficulty	Low Difficulty	Moderate Difficulty	High Difficulty	Extreme Difficulty

Classic (2-Step): Traders have to make a 9% profit with a static 9% drawdown for the classic 2-step challenge. This gives it a clean 1:1 ratio between the profit target and maximum drawdown. For the second phase, the profit target is halved, that is, 4.5%, while the drawdown value is similar.

Classic Swing (2-Step): The profit target and the drawdown parameters are the same as with the normal account. As the name implies, this challenge is created for traders who prefer to hold positions over multiple days. However, you should note that the leverage is capped at 1:30 on Forex and 1:9 on metals.

Extended (2-Step): I think this is one of the toughest challenges at BEM funding. You need to hit a 10% profit target in phase 1, with an 8% trailing drawdown. The drawdown resets to the initial balance after each payout. As a trade-off, you have a better cost efficiency at $16.03 usable capital per dollar spent on a $100K account.

BEM One (1-Step): I think traders buy/prefer this challenge, as they have a coupon available for it on the header of their website. It is a single-phase challenge with no minimum trading days, no consistency rule, and allows new trading during evaluation. On the bad side, it has the hardest parameters of any program at BEM Funding. You have to obtain a 9% profit target against a 6% trailing drawdown. It also has a mini consistency rule, i.e., no single trading day can account for more than 35% of the total generated profits at the payout request.

BEM Funding Challenge Phases Overview

2-Step Classic Normal (BEM Classic Normal)

💵 Accounts: $5K ($39) → $10K ($99) → $25K ($211) → $50K ($321) → $100K ($519) 🎯 Target: Phase 1: 9% / Phase 2: 4.5%

📉 Drawdown: 4.5% Daily Loss (equity-based, recalculated at 22:00 UTC) | 9% Max Loss Static (does not trail and does not increase as profits increase)

💰 Profit Split: 80% | Challenge fee refunded, with add on

⚡Trading: 🔴 News Trading restricted (no execution or modification within 4 minutes before/after high-impact news) | ✅ EAs (own/custom only) | ✅ Weekend Holding allowed during evaluation. You can hold crypto over the weekend on the funded stage as well ❌ Copy trading between own accounts during evaluation

📅 Funded Stage: Minimum 3 trading days before first reward request | 1.2% max risk per symbol

⚙️ Challenge Parameters: 🔴 3 Minimum Trading Days | 🔴 Minimum 0.5% realized profit per trading day | 🟢 No Time Limit

2-Step Classic Swing (BEM Classic Swing)

💵 Accounts: $5K ($69) → $10K ($155) → $25K ($296) → $50K ($447) → $100K ($890)

🎯 Target: Phase 1: 9% / Phase 2: 4.5%

📉 Drawdown: 4.5% Daily Loss (equity-based, recalculated at 22:00 UTC) | 9% Max Loss Static (does not trail and does not increase as profits increase)

💰 Profit Split: 80% | Challenge fee refunded with add on

⚡Trading: 🔴 News Trading restricted (trades opened within 8 hours of high-impact news cannot be modified or closed during the 4-minute window) | ✅ EAs (own/custom only) | ✅ Weekend Holding available (fully swap-free) | ❌ Copy trading between own accounts during evaluation

📅 Funded Stage: Minimum 3 trading days before first reward request | 1.2% max risk per symbol

⚙️ Challenge Parameters: 🔴 3 Minimum Trading Days | 🔴 Minimum 0.5% realized profit per trading day | 🟢 No Time Limit

2-Step Extended (BEM Extended)

💵 Accounts: $5K ($39) → $10K ($95) → $25K ($199) → $50K ($299) → $100K ($499)

🎯 Target: Phase 1: 10% / Phase 2: 5%

📉 Drawdown: 4% Daily Loss (equity-based, recalculated at 22:00 UTC) | 8% Max Loss Trailing (trails upward with balance; locks once it reaches initial balance; resets to initial balance after each reward)

💰 Profit Split: 80% | Challenge fee refunded with add on

⚡Trading: 🔴 News Trading restricted (no execution or modification within 4 minutes before/after high-impact news) | ✅ EAs (own/custom only) | ✅ Weekend Holding allowed during evaluation. You can hold crypto over the weekend on funded stage as well | ❌ Copy trading between own accounts during evaluation

📅 Funded Stage: Minimum 3 trading days before first reward request | 1.2% max risk per symbol

⚙️ Challenge Parameters: 🔴 3 Minimum Trading Days | 🔴 Minimum 0.5% realized profit per trading day | 🟢 No Time Limit

1-Step BEM One

💵 Accounts: $5K ($47) → $10K ($89) → $25K ($194) → $50K ($285) → $100K ($520)

🎯 Target: 9% (single phase)

📉 Drawdown: 3% Daily Loss (equity-based, recalculated at 22:00 UTC) | 6% Max Loss Trailing (adjusts upward as balance increases; never adjusts downward; locks at initial balance once reached)

💰 Profit Split: 80% | Reward on Demand request at any time once eligibility criteria met | Challenge fee refunded with addon

⚡Trading: ✅ News Trading fully permitted during evaluation | 🔴 Restricted once funded (no trading within 4-minute window) | ✅ EAs (own/custom only) | Weekend Holding allowed during evaluation. You can hold crypto over the weekend on funded stage as well | ❌ Copy trading between own accounts during evaluation

📅 Funded Stage: No single day may exceed 35% of total generated profits | Payout must be at least 50% of the Maximum Daily Loss amount | Buffer zone must remain after reward is processed | 1.2% max risk per symbol

⚙️ Challenge Parameters: 🟢 No Minimum Trading Days | 🟢 No Consistency Rule | 🟢 No Time Limit

The firm has quite a strange ruling on weekend holding as you see in the screenshot below

Drawdown Rules: Prop traders should take note of all the drawdown rules before purchasing their challenges. While BEM funding follows a generic 1:1 ratio when it comes to profit target and drawdown, an exception can be seen with the BEM one challenge. The profit target is set at 9%, and the max loss is set at 6%, which can be challenging to clear.

Flexibility: BEM funding does not have relaxed rules when it comes to holding your trades over the weekend. It is not allowed across all programs except the swing one. There are also no swap fees for the swing account. However, prop traders should be aware of restrictions on news trading. It is not possible to trade the news across normal, swing, and extended programs. You cannot open or close your orders for 4 minutes around any high-impact news. The restriction is even worse for swing traders. You cannot open or close any trade during the 4-minute window if your position was opened within 8 hours of the incoming event. You can, however, trade the news with the BEM one program.

What Trading Styles Does BEM Funding Support?

Before purchasing your trading challenge it’s vital that you cross-check your trading style with the company’s accepted trading strategies.

BEM Funding Challenges: My Key Takeaways

While BEM Funding follows the industry standard practices when it comes to difficulty, there are a few things that you should note. While the ratio between the profit target and maximum drawdown is 1:1 for the normal and swing programs, this is not the case for the extended accounts and the BEM one. The extended program asks you to make 10% profit against an 8% drawdown, while the one program is the hardest, requiring you to obtain a 9% profit with only a 6% trailing drawdown.

I think the most interesting thing that traders can miss is their hidden consistency rule. While most prop firms list it upfront that you are required to maintain a certain amount of consistency while trading, BEM hides it in the background. The company has a minimum daily profit requirement of 0.5% for its normal, swing, and extended challenges. This means that even if prop traders are overall positive, you can be penalized for inconsistent or low-volume trading days. While the One challenge doesn’t have this, it has a 35% single-day profit concentration rule, which is more or less the same.

There are two additional add-ons available. A 7-day payout request option for an additional 25% payment and a 100% fee reimbursement that you can buy for a 10% additional payment.

Price

Are BEM Funding Costs Competitive?

When comparing with the industry-leading prop firms such as FTMO, BEM Funding challenge costs are competitive. For example, the 2-step standard challenge on FTMO is priced at €540. On BEM Funding, you can get the classic normal and extended equivalent for $519 and $499, respectively. The pricing for the 1-step challenge is also quite comparable with a lot of other prop firms.

BEM Funding Account Prices and Cost Efficiency

How Do We Assess The Competitiveness of the Firm’s Costs?

True Capital per Dollar (TCPD)

With any prop trading firm, the tradable capital that you can put at risk is determined by the max drawdown limit, not your original account size. A 10% drawdown on a $100,000 account means that you can risk $10,000, while a 6% stands for $6,000. In simple words, you can only risk $6,000 before your account is determined as breached.

We use the TCPD values to determine how much real capital you have for every single dollar that you are spending on the challenge fee.

TCPD = (Account Size × Max Drawdown %) ÷ Challenge Price

BEM Funding Cost Effectiveness vs. Industry Benchmark

Refund Policies

You can get a refund within 14 days of the date of purchase if you have not traded the challenge. Once your refund is approved, your payment will come into your original payment method within 14 business days. Refund review code requests are processed within 10 business days.

Trading Conditions

Trading Test

As mentioned in the beginning, I bought their 2-step trading challenge. The classic one to test out their trading services. After purchasing the challenge, the sign-in to cTrader is troublesome,  you have to go to https://app.bemfunding.com/. Reset your password with your BEM Funding email to create a password for your cTrader account. I was confused at this step and had to reach out to their live support to resolve this. A simple solution that BEM Funding could implement at this stage would be to provide a link to log in and your credentials. Right now, you will only see the sign-in and password on your dashboard with no login link.

For logging in to cTrader mobile, you have to use your original email, which you used to sign up on BEM, and the password from BEM. Do not use the login number shown in the screenshot above.

During trading, I observed that there is a huge slippage when the markets are volatile. For example, a $10 stop loss can be increased to $14, which is huge. The best way to avoid this issue is to use a lower lot size with a wide range of take profit and stop loss. This would ensure that the damage done from the slippage is minimal. The slippage was there during normal hours as well, although the impact was reduced.

I didn’t like their trading dashboard mainly due to the fact that the account figures were not updating in real time. You can witness that from the screenshot below.

Even though I had traded for a couple of trading days, the minimum trading days figure and other metrics stay at 0.

Trading Platforms and Tools

You can trade using DXTrade and cTrader on BEM Funding. MetaTrader 5 is also available via a separate BEM LTD entity that is registered in St. Lucia. It is available for US citizens. Personally, on the challenges page, I could not find an option to select MetaTrader 5.

• DXtrade: Traders who prefer trading on the web and require trading with charts and indicators will find that DXTrade is the better option. It is the go-to choice for price action traders, since it comes with TradingView charts built in natively. Please note that I wasn’t able to test out DXTrade as there is no demo account available.
• cTrader: I had the option of choosing between cTrader and DXTrade while choosing the trading challenge. I went with the former as I am much more familiar with it than the DXTrade platform. Previously, most platforms had MetaTrader available, but right now, due to the new restrictions, it is not present. You can also use cBots with cTrader, which are automated trading scripts built in C#.

BEM Funding Accounts

BEM Funding has a spread + commission model across most instruments. The commission schedule is as follows:

• Forex: $2 per lot per side
• Indices: No commission
• Metals: 0.0007% of traded volume
• Crypto: 0.025% of traded volume

On top of commissions, the raw spreads from the Symbols Page at the time of writing are:

The raw spread of 0.3 pips on the EURUSD currency pair is competitive, I would say. Add $4 to it, and it will become $7 per 1 lot. This is something that even most brokers cannot offer, as most EURUSD spreads hover around 1 pip. There are no commissions on indices like the US 100 and GER40. To ensure that the spreads they have mentioned are correct, I opened a 1 lot trade on the US 30 at the cTrader platform. The trade opened with a deficit of $1.70, which exactly matches the figure on the symbols page and the difference between the bid and ask.

The spreads on cryptocurrencies are also tight, but you have to factor in the 0.025% commission on larger positions.

Leverage

BEM funding does not use a dynamic leverage model. The margin varies by asset class and challenge type. I have compiled and broken down all in the table below.

From the table, you can see that the classic swing model has the lowest leverage available. I think this is done so that traders are more efficient in their position sizing, as it matters more in long term trading. BEM One also has a stricter cap with forex at 1:30 and metals and energies at 1:15.

Trading Fees

BEM Funding has a spread plus commission model. You’ll pay $4 per round lot for trading currencies. Metals are charged at 0.0007% and Crypto at 0.025% of traded volume. Indices have no commission. This was also confirmed by me, as mentioned above, where I incurred minimal costs of $1.7 for trading 1 lot on the US 30. On metals such as gold, you will have to pay a 0.0007% volume commission in addition to your raw spread.

Prop traders will have to pay overnight fees on the Classic, Normal, Extended, and BEM One programs. For traditional instruments, a 3-day swap will also be applicable on Fridays. There is no official documentation on the swap rates, so you will have to go into the trading platform and check them yourself.

Spreads

The overall spread plus commission model that BEM Funding uses can complicate things for beginner or amateur traders. One thing that you can do to mitigate the issue is you can open a smaller lot size, usually 0.01 lots, on any given instrument before placing a bigger trade. Overall, the company’s spreads are in line with the industry standards.

Commissions

BEM Funding charges $2 per lot per side on Forex, no commission on Indices, 0.0007% of traded volume on Metals, and 0.025% of traded volume on Crypto.

Swap Fees

As mentioned above, BEM Funding does not have a dedicated table where you can check swap fees. You will have to go into the DXTrade or the cTrader platform and check the swap rates by clicking on the symbols individually. Prop traders should note that the Classic Swing Challenge is the only option there if you want to avoid overnight trading fees.

Overall Trading Fees

Prohibited Trading Styles

Traders should know all the prohibited trading strategies so as to avoid getting a breach call from the prop firm. Let’s dive into each.

Traders must take note of BEM Funding’s prohibited trading practices, as breaches can lead to immediate account termination with no refund. The firm bans the following:

• Any trading activity that increases risk on a single symbol or related symbols.
• Hedging or one-sided bets across multiple accounts
• Collusion between users through coordinated trading across accounts
• Latency arbitrage and exploitation of price discrepancies across markets
• High-frequency trading, where the majority of trade durations span a few seconds or less
• Martingale strategies involving substantially larger position sizes after losses
• Using software, AI, ultra-high speed, or mass data entry to gain an unfair advantage
• Intentionally or unintentionally exploiting errors, bugs, or deficiencies within the system
• Account sharing, reselling, or transferring accounts to another individual or entity
• Placing large-volume trades without a sound, genuine trading strategy
• Challenge passing services or trading on behalf of others as part of any business arrangement
• Trading from any jurisdiction listed under BEM’s Forbidden Territories. This includes sanctioned countries

All accounts are subject to monitoring and audit at any time, and BEM is not required to disclose its detection methods or provide evidence when enforcing these rules. Violations may result in profit deductions, loss of reward eligibility, account termination, and permanent restriction from BEM Funding’s services.

Tradable Instruments

Over 180 trading instruments are available at BEM Funding Extended, and 70+ with other challenges, including forex, exotics, metals, CFDs, cash CFDs, energies, and cryptocurrencies. Below you can find a full list of available instruments at BEM Funding.

The cryptocurrency offerings are where the BEM Funding stands out. There are 120 coins available. They include a wide range of altcoins such as SUIUSD, PENDLEUSD, ARBUSD, EIGENUSD, and TONUSD. This is something that most prop firms are not offering. However, you should note that most of these are available with the BEM Extended program only.

Funded Account

Funded Account Rules Overview

Islamic (Swap-free) Account

BEM Funding does not offer Islamic accounts.

Demo Account

There is no option available to get a demo account to test out their trading services or conditions. They provide demo account credentials; however, I was not able to log in. Upon inquiring with the company, they said that their technical department is looking into it.

Inactivity

There are 2 types of inactivity rules at BEM funding. If your account is inactive for 31 trading days, it will be terminated. The second one is that if your account is near 2%, the maximum loss limit, for 30 days, it may be terminated even if you are trading. For example, if the maximum loss limit is 10% and your account has a drawdown of 8.5% for 30 consecutive days, it can be terminated at the sole discretion of the company.

Consistency Rule

As said before, BEM funding does not have any straightforward consistency rule. BEM one challenge has a specific rule. A single trading day cannot account for more than 35% of the total generated profits. While there is no such profit distribution goal for the Classic Normal, Swing, and Extended programs, you have a minimum daily profit requirement of 0.5% every day you trade.

Scaling Plan

BEM Funding does not offer a scaling plan for traders.

KYC (Know Your Customer)

Per company policy, you must provide verification documents to activate your live account after you pass your challenge. The following documents are accepted for verification:

• Passport, ID Card
• Driver’s License
• Residence Permit.

Traders should note that these documents may vary by location or country. The company uses Veriff, a third-party Know Your Customer provider, to verify your identity.

Payouts

Profit Split

The profit split is 80% on all trading accounts. Unlike most prop firms that allow you to increase it up to 90% or more with an add-on, there is no such option at BEM Funding.

Payout Rules

Withdrawal Methods

The payout options are clearly limited.

Bonuses and Promotions

Traders can find coupon codes online or on the BEM Funding website. Right now, the company is offering 30% off on the BEM One Challenge if you use the code ONE. There is also an affiliate program, which you can participate in to get lifetime commissions. Here is how the condition structure operates.

• $500 for 20–49 accounts
• $1,000 for 50–99
• $1,600 for 100–149
• $2,300 for 150–199
• $3,300 for 200–299
• $4,500 or more for 300 or more accounts.

To get into the program, you will have to apply for it. Once you are approved, you will receive a unique referral link. It is tracked by the company. Every time a trader makes a purchase via your code, you will receive a commission.

While there is a separate tab in the trading dashboard regarding trading competitions, I could not find any active ones at the moment.

Support

While the live chat support is advertised as 24/7, this was not the case. Sometimes I did not receive a reply for several hours and had to switch over to other channels as mentioned above.

The website has a cookie problem as well. To explain it simply, you have to be present in your trading dashboard to access the live chat directly. If you are on the main page of the company’s website, you will have to fill in your name and email again to get to the live chat. This is quite troublesome. I have taken some screenshots to show you guys what the issue is about.

The live chat is active in the app dashboard.

You have to enter the name and email again.

Customer Support Channels

We have 5 routes to connect with the customer support, including live chat, email, Discord, WhatsApp, and Telegram.

• Live chat — 24/7 via website.
• WhatsApp– 24/7
• Email – Lazy or no response contact@bemfunding.com
• Discord — 24/7 Response time varies
• Telegram

Support Test

To wrap it all up, the best possible way to connect with customer support is to use WhatsApp and Discord. You can start with the live chat service as well, but it is pretty slow in my observation. If something is urgent, you can reach out to them on multiple channels at once. However, when I tried that, I was notified by the support that I should only contact on one channel at a time.

Education

There is no educational material available on the website. The closest thing that I could find was some of the videos available on their YouTube channel. There are 9 short videos. And most of them are based on how to use the platform rather than offering some good educational advice.

The Bottom Line

Launched 2 years ago, BEM Funding has built a strong foundation in 2 years. The company offers more than 180 trading instruments with an extensive altcoin variety. The challenge prices are nominal across most programs. There are some caveats to note. For example, the firm states that it is not required to disclose its detection methods or provide any sort of evidence when it is terminating your trading accounts. The hidden consistency rule of 0.5% minimum daily profit requirement on 3 of the 4 programs is also quite unusual.

For traders who prefer trading on multiple instruments or, more accurately, altcoins, BEM funding can be a choice. Swing traders can also benefit from this swap-free trading option. On the flip side, anyone who uses third-party trading algorithms will have to look elsewhere, as the company has a strict policy on the usage of EAs.

The prop firm is still building its track record from its Trustpilot score of 4.2 from 200+ reviews. I think it would be better if you start with a small account and test out their services before committing to a large account.