Updated 2026-03-08
BrightFunded Profit Target (Phase 2) Rule Explained
BrightFunded
Quick Answer
BrightFunded's Phase 2 Profit Target requires traders to achieve 5% profit on their initial account balance.
The 5% profit target is calculated based on your starting Phase 2 account balance and must be reached through closed trades. Failing to achieve this profit target means you cannot progress to a funded account, regardless of how well you manage risk or follow other rules.
Key Rule Details
Target
5%
Dollar Target ($100,000)
$5,000
Phase
Phase 2 only
Time Limit
None
Min Days
5 days
Calculation Example
Common Mistakes
Counting Unrealized Profits
Traders often assume their floating profits count toward the 5% target, but only closed trades contribute to the profit calculation. On a $50,000 account, having $2,800 in unrealized gains means you still need $2,500 in actual closed profits to pass, not just $200 more.
Miscalculating Target Amount
Some traders calculate the profit target incorrectly by using their current balance instead of the initial balance. On a $25,000 Phase 2 account, the target is always $1,250 (5% of $25,000), even if your balance grows to $26,000 during trading.
Rushing Near Deadline
Traders panic when approaching evaluation deadlines and take oversized risks to hit the profit target quickly. This often leads to violating the 5% daily loss limit while desperately trying to make the final $500-1000 needed on larger accounts.
Stopping at Exact Target
Some traders immediately stop trading once they hit exactly 5% profit, not accounting for spread costs or potential slippage on final trades. This can leave them just short of the target if their last winning position closes at a slightly worse price than expected.
Protection Strategies
Target 6% Personal Profit Goal
Set your personal profit target at 6% instead of the required 5% to create a safety buffer. On a $100,000 account, aim for $6,000 rather than $5,000 to account for any calculation discrepancies or final trade variations.
Use Conservative Position Sizing
Risk only 1-2% per trade to ensure steady progress toward the profit target without violating daily loss limits. This approach allows for 15-20 trades to methodically build the required 5% profit while maintaining proper risk management.
Set Profit Milestone Alerts
Create alerts at 2.5%, 4%, and 5% profit levels to track your progress systematically. These checkpoints help you adjust your trading pace and avoid the pressure of needing large gains in your final trading sessions.
Avoid Trading Final Day
Plan to reach your 5% profit target with at least one day remaining in the evaluation period. This prevents rushed decision-making and gives you time to verify that all trades have settled and profits are properly calculated in your account.
Related Rules
BrightFunded Comparisons
Frequently Asked Questions
Disclaimer: This guide is for informational purposes only and does not constitute financial advice. Prop firm rules change regularly — always verify current terms on BrightFunded's official website before purchasing a challenge. Updated 2026-03-08.