BEM Funding Prop firm offers funded accounts where all accounts are simulated or demo accounts. This is true even after the trader gets funded. The maximum ceiling for a funded account is 200,000 dollars, which is an attractive offering for beginners but not suitable for experienced traders. The firm only offers one funded account type, which is a 2-step challenge account, requiring traders to hit profit targets twice while maintaining consistency.
In this BEM Funding review, we will assess the firm’s critical features, including safety, fees, rules, funding options, assets, platforms, support, and more.
Pros & cons of BEM Funding prop firm
Pros
- Ability to withdraw with $0 fees
- Offers access to cTrader, DXTrade
- Fast and digital account opening/verification
- Offers access to Forex, indices, cryptos, and commodities
- Most payment options are free and instant
Cons
- A daily loss limit of 4.5% and a profit target of 9% may be challenging for some traders
- Minimal educational tools, with only a blog and dictionary available
- Only offers a 2-step challenge
- Lacks safety, is not backed by regulated brokers, experience, and phone support
- Fees are higher compared to some competitors, especially for larger funding options
Safety of BEM Funding – 0
BEM Funding reviews are lacking on the FPA, which is typically a red flag. On Trustpilot, the firm has only a few reviews, which is insufficient to define what traders are thinking about the firm’s services. This is because the firm was launched in 2024, making it a very inexperienced prop trading firm in the sector. Funded accounts are not backed by regulated brokers, leaving room for price manipulations.
The firm gets a 0 score in this section for lacking all the important safety features.
BEM Funding Funding and maximum capital allocation – 3
BEM Funding funded programs are not diverse, and the firm only offers 2-step challenge types. The account comes in two modes: normal and swing trading. Both variations of the 2-step account have the same funding options. BEM Funding options include 10k, 25k, 50k, and 100k USD. Traders have to hit the profit target to pass phase 1, and then have to trade with the consistency rule and hit the profit target again for phase 2. Only after these steps can traders get funded and start trading for profits.
BEM Funding challenges the overall lack of diversity and availability of 1-step and instant options, which is a downside, and the firm is only attractive to beginner traders.
The BEM Funding Scaling plan allows traders to increase the maximum profit split to 90%.
Overall, BEM Funding gets a 3 score in this section.
BEM Funding Assets – 2.5
BEM Funding prop trading is possible by speculating on a wide range of assets, including Forex, FX exotics, commodities, indices, and cryptos. Swing account has a maximum leverage of 1:30, and normal challenge comes with up to 1:100 leverage. There is a commission of 2 USD per lot traded for FX trading.
Overall, the firm gets a 2.5 score in this section for offering diverse assets but lacking stocks, bonds, and other instruments.
BEM Funding Trading rules and limitations – 1
BEM Funding rules are straightforward; traders have to hit a 9% profit target while maintaining a 4.5% daily loss limit and a 9% maximum drawdown. News trading is considered a soft breach and any profits are canceled if the trader opens trade within 4 minutes during major economic news releases. Traders are allowed to keep their positions open overnight and during weekends on the swing account. The rules are exactly the same for both variations of the 2-step account.
Overall, the firm received a 1 in this section for offering a few strict rules, such as below 10% maximum drawdown and above 6% profit target.
BEM Funding Fees – 2
The fees from BEM Funding are mediocre and slightly expensive. Both variations of the 2-step challenge come with the same fees for the same funding options. Here is the list of funding options and corresponding one-time fees:
- Funding amount: 10,000 USD – One-time fee: 99 USD
- 25,000 USD – 207 USD
- 50,000 USD – 315 USD
- 100,000 USD – 486 USD
As we can see, the firm offers fees below 100 USD but is still more expensive than other reliable firms.
The BEM Funding free trial is not offered at the moment, and the BEM Funding free repeat is not available either, as traders have to purchase the account to start over in case they fail the challenge.
In the end, the firm gets a 2 score in this section.
BEM Funding Platforms – 4
BEM Funding provides access to two advanced trading platforms, cTrader and DXTrade. cTrader is a very capable trading platform that allows custom indicators and automated trading robots. Mobile trading is available via cTrader mobile apps, accessible on all mobile devices. The firm therefore gets a 4 score in this section for offering advanced platforms.
BEM Funding Profit-Sharing – 2
BEM Funding profit split starts at 80%, and traders can only increase it to 90% with a scaling plan. This requires consistently profitable trading, which might be tricky for beginners.
Profits can be withdrawn only twice per month or every two weeks. There is no option to request an on-demand payout, which is a downside.
Overall, the firm gets a 2 score in this section.
Education and trading tools at BEM Funding – 0
Traders can only access two resources at BEM Funding for educational purposes: a blog and a dictionary. These resources alone can not be used for proper trading education, and traders will have to find resources somewhere else. There are no webinars or trading courses available, which is also a downside. The firm does not provide tools to measure trader’s performance to help them succeed.
Overall, the firm gets a 0 score in this section.
Customer Support at BEM Funding – 2.4
BEM Funding customer support is available via email and live chat channels. There are no other forms of support, such as phone support, which is a red flag. Not disclosing the phone number is always a bad sign for any prop firm. There is an online form, but it is a variation of email support. The website and support of BEM Funding are only available in two languages, Turkish and English, which is also a downside for the firm.
Overall, the firm gets a 2.4 score in this section for offering only two options for support.
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