Understanding the Spread and Commission Structure at BrightFunded
One of the critical aspects when trading with BrightFunded, a renowned prop trading firm, is understanding its spread and commission policies. Traders seeking to maximize their trading strategies need to be aware of these costs.
Accessing Demo Account for Practicing Trades
Before diving into real trading, BrightFunded offers a demo account where traders can practice and get a feel of the platform. To access this account, use the following credentials:
- Username: Magic_BF
- Password: BF_Magic123!
Detailed Breakdown of Commission Rates
At BrightFunded, the commission structure varies across different trading instruments, which is vital for traders to consider:
- Currency Pairs: $3 per lot
- Indices: $0 (ZERO commission)
- Crypto: 0.024% per volume
- Commodities: 0.0010% per volume
It’s important to note that BrightFunded does not charge any swap fees for holding trades overnight or over the weekends, adding an extra advantage for traders who prefer longer holding periods.