Bespoke Funding Program
OVERVIEW
Located in the United Kingdom, Bespoke has been operational for one year, and is led by CEO Lewis Kaler. Offering MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, Bespoke provides its traders with access to industry-standard tools and features. Partnership with ThinkMarkets suggests access to a broker known for its trading infrastructure and regulatory framework. The firm’s account sizes range from $10,000 to $400,000, offering a wide range for traders to find a comfortable entry point that suits their risk tolerance and trading style. Bespoke employs a two-step evaluation process, requiring an 8% profit target in Phase 1 and 5% in Phase 2. The maximum total drawdown varies between 8% to 10%, depending on account sizes. Regarding trading instruments, Bespoke provides options in forex, stock market indices, cryptocurrencies, and commodities. Additionally, the firm offers two distinct challenge types with varying leverage levels for different asset classes, from conservative (1:2 for Crypto) to more aggressive (1:100 for Forex).
Classic Challenge :
Traders Choice Challenge:
Bespoke Funding offers two unique challenges for traders: the Classic Challenge and the Rapid Challenge. Each of these challenges has its own set of rules and rewards, tailored to different trading styles and goals. The Rapid Challenge, in particular, has a scaling plan that’s designed to reward traders for their consistent profitability. To be eligible for scaling in this challenge, a trader needs to demonstrate a minimum profit of 8% over a four-month period. But it’s not just about hitting that number once, as the trader must be profitable in at least three out of those four months. When a trader successfully meets these criteria, Bespoke Funding rewards a 40% increase in the account balance. For example, if a trader starts with a $200,000 account and achieves the required profitability, their account will grow to $280,000. This repeats every four months, offering continuous chances for account growth. If a trader maintains consistent profitability, they can keep growing their account balance at the end of each successful period.