BEM Funding Review 2026

BEM Funding sells simulated trading evaluations. Its FAQ says all trading takes place in a simulated environment and no real capital is involved.

The firm's programmes FAQ lists one 1-Step programme, BEM One, and two 2-Step programmes, BEM Classic – Normal and BEM Classic – Swing. The site menu also lists a fourth model, BEM One Only, described as "Most affordable, lowest profit target". BEM One Only is a 1-Step challenge with a 6% profit target.

All four programmes show an 80% reward split on the BEM Trader Account; on BEM One Only it can be cut by Equity Guard breaches. The evaluation fee is a one-time payment, and the FAQ says there are no recurring fees. The account selector offers MetaTrader 5 and cTrader.

Everything in this review comes from BEM Funding's own web pages, saved on 11 October 2026. Rules and prices change, so check the firm's site before you buy.

BEM One is a 1-Step challenge with one evaluation phase and a 9% profit target. BEM One Only is also 1-Step, with a 6% profit target. BEM Classic – Normal and BEM Classic – Swing are 2-Step challenges with a 9% target in Phase 1 and a 4.5% target in Phase 2.

All percentages are of the initial balance. BEM One and BEM One Only both go up to $200,000; the two BEM Classic programmes go up to $100K.

Prices

The FAQ says the evaluation fee is a one-time payment based on the account you choose, with no recurring fees. The Terms & Conditions say fees are in U.S. Dollars. Each product page shows prices under a limited-offer banner without saying which figure is the regular price, so we do not quote prices.

Another FAQ says the firm charges no additional fees beyond the initial registration fee and no recurring fees to maintain the account. Payment methods listed are credit and debit cards, Google Pay, Apple Pay, PayPal, crypto and Kora. BEM Classic – Swing has an optional 7-day reward cycle add-on; we did not see its price.

The accounts FAQ allows any number of evaluation accounts, but caps total capital at $200,000 per trader or strategy across all BEM accounts at any time. The same cap applies per household, including multiple users at the same residence or IP address.

BEM One

• Daily drawdown is 3% of the initial balance, reset daily at 22:00 UTC from the higher of equity or balance.
• Maximum drawdown is 6% of the initial balance and trails the account balance upward, never downward. Once the trailing level reaches the initial balance, it locks. The product card labels this drawdown type "Dynamic".
• There is no minimum number of trading days and no consistency rule during the evaluation.
• On the BEM Trader Account, a 35% best-day rule applies: no single day may account for more than 35% of total profits at the time of a reward request.
• After the evaluation, risk on any single symbol must not exceed 1.2% of the initial balance; the system may close positions that exceed it.
• Leverage under the BEM One Terms of Use: Forex 1:30; Metals, Energies and Indices 1:15; BTC/ETH 1:2; altcoins 1:1.5.

BEM One Only

• Maximum drawdown is 6%, trailing the balance upward but never above the initial balance, where it becomes fixed.
• Daily drawdown is 3% of the initial balance, reset at 22:00 UTC from the account balance.
• There are no minimum trading days. A 30% best-day rule applies in both the evaluation and on the BEM Trader Account.
• After the evaluation, an Equity Guard limits total open risk to 2% of the initial balance; each breach cuts the reward split by 20 percentage points for the life of the account.
• The page lists 140+ cryptocurrency pairs alongside Forex, Metals, Indices and Energies. We did not have the BEM One Only Terms of Use page, so we do not give its leverage.

BEM Classic – Normal

• Phase 1 ("Challenge") target is 9% and Phase 2 ("Consistency") target is 4.5%.
• Each phase needs at least 3 trading days, and each counted day must reach at least 0.5% realised profit on the initial balance.
• Daily drawdown is 4.5% of the initial balance, reset at 22:00 UTC from the higher of equity or balance.
• Maximum drawdown is a fixed 9% of the initial balance that does not trail; open positions, closed trades, commissions and swap fees count towards it.
• After the evaluation, risk on any single symbol must not exceed 1.2% of the initial balance.
• Leverage under the Terms of Use: Forex 1:100; Metals and Energies 1:30; Indices 1:50; BTC/ETH 1:2; altcoins 1:1.5.

BEM Classic – Swing

• Targets, minimum days and the 9% fixed maximum drawdown match BEM Classic – Normal.
• The daily limit (called Maximum Daily Loss on this page) is 4.5% of the initial balance, reset at 22:00 UTC from the account balance at that time. This differs from BEM Classic – Normal, which uses the higher of equity or balance.
• The account is swap-free.
• Leverage shown on the product page: Forex up to 1:30, Metals 1:9, Indices 1:15, BTC/ETH 1:1.5, altcoins 1:1. We did not have the BEM Classic – Swing Terms of Use page.

News trading

• BEM One: news trading is permitted during the evaluation. On the BEM Trader Account, a window from 4 minutes before to 4 minutes after a High-Impact News event applies to affected instruments, during which you cannot open or close trades, place or modify Stop Loss or Take Profit orders, or place Buy Stop or Sell Stop orders. The same section also says strategies designed to capitalise on High-Impact News, such as straddles and strangles, "are not permitted at any time". Profits made in the window are removed; two soft breaches end the account.
• BEM One Only: the product page says news trading is allowed in both the evaluation and on the BEM Trader Account.
• BEM Classic – Normal: the same 4-minute window applies to affected Forex, Indices, Metals and Energies instruments; existing trades may stay open, but market orders, pending orders, Stop Loss and Take Profit levels cannot be placed or changed. One violation is a soft breach; two are a hard breach, and gains from a violation may be cancelled.
• BEM Classic – Swing: the same 4-minute window applies; trades opened 8 hours or more before the event can be managed normally, while trades opened within 8 hours of it cannot be opened, closed or modified during the window.
• In the programmes with a news window, cryptocurrency pairs are not subject to it. The firm defines High-Impact News as announcements shared in its official Discord news channels and Telegram channel.
• All programmes: the Prohibited Trading Practices page, which applies to evaluation and funded accounts, bans placing or triggering trades around high-impact news to benefit from abnormal volatility.

Weekend and overnight holding

• BEM One and BEM Classic – Normal: weekend holding is allowed during the evaluation. On the BEM Trader Account, Forex, Metals, Indices and Energies positions must be closed before the market closes on Friday; cryptocurrency positions may be held over the weekend.
• BEM One Only: weekend holding is allowed in both stages.
• BEM Classic – Normal: overnight holding is permitted.
• BEM Classic – Swing: overnight and weekend holding are allowed on all supported instruments.
• BEM One and BEM Classic – Normal: if scheduled maintenance is announced to last two hours or longer, all open positions must be closed before it starts.

The Terms & Conditions, which cover all programmes, list prohibited practices including arbitrage, high-frequency trading where most trades last a few seconds or less, tick scalping, hedge arbitrage and reverse arbitrage. They also prohibit placing buy and sell stop orders around high-impact news ("bracketing").

A separate Prohibited Trading Practices page applies to all phases, evaluation and funded. It also bans bulk or mass trading that indicates automated execution, gambling-like or one-sided trading, account management and challenge-passing services, and trading that cannot be replicated under real market conditions.

Automated trading (all programmes): the Terms & Conditions require prior written approval before you use automated trading software you own or developed. Automated software owned or developed by a third party is prohibited.

Hedging: the Terms & Conditions list "Hedge Arbitrage Trading" as prohibited. The BEM One Terms of Use also prohibit using hedging, partial closures or trade splitting to get round the 35% consistency score. The Prohibited Trading Practices page bans opening opposing positions on the same or highly correlated symbols, within one account or across accounts, when this is meant to manipulate performance metrics or bypass risk limits.

Copy trading: the Terms & Conditions prohibit trade coordination or copy trading with other traders or accounts. The BEM One and BEM Classic – Normal Terms of Use say you must not trade the same strategy across your own accounts during the evaluation, but that after the evaluation copying across BEM Trader Accounts "may be permitted". The Prohibited Trading Practices page also bans coordinating trades between multiple accounts. These pages differ; check with the firm before copying trades.

Inactivity: the Terms & Conditions allow the firm to end an evaluation if no trade is opened for "thirty (31) consecutive calendar days". The words and the figure in that sentence differ.

BEM One

• Reward on Demand: you may request a reward at any time if all eligibility conditions are met, subject to the firm's verification and approval.
• A request must be at least 50% of the maximum daily drawdown amount and at least USD 150.
• A buffer must remain after each reward; if the trailing drawdown is locked at the initial balance and no profit remains after a reward, the account is terminated.

BEM One Only

• Reward on Demand also applies, with an 80% standard split. The 30% best-day rule must be met when requesting a reward, and Equity Guard breaches reduce the split as described above.

BEM Classic – Normal

• At least 3 trading days must be completed in each trading period before every reward request, including the first.
• The BEM Classic page is inconsistent on timing: its product card shows payouts "Every 14 days", while its FAQ on the same page says rewards are available "on a weekly schedule". We could not resolve this from the saved pages.

BEM Classic – Swing

• The standard reward cycle is 14 days, with an optional 7-day cycle add-on.

All programmes

The Terms & Conditions say withdrawals are only made to an account in the registered user's name. The homepage advertises an average payout time of 6 hours and, further down, "Payouts in 1–2 days"; these are the firm's marketing claims. A fees FAQ says transaction fees on rewards, such as Rise Works, bank transfer or cryptocurrency network fees, are disclosed during the payout request.

The homepage says "Earn Up to 90%" in one place and "Keep up to 80%" in another. Every programme page and both Terms of Use pages we saved give 80% as the standard split, so we use 80%.

The account selector offers MetaTrader 5 and cTrader. The site footer says BEM Funding operates DXtrade and cTrader, and that a separate company, BEM Ltd., operates MT5. DXtrade did not appear in the account selector we saw. The Terms & Conditions say your platform choice for a programme is final.

The symbols page groups instruments under Forex, Exotics, Cash CFD, Metals CFD and Crypto. The BEM One, BEM Classic and BEM Classic Swing product cards show "70+" tickers. The BEM One Only card shows "140+". The Terms of Use say instrument availability may vary by platform. The Terms & Conditions say cryptocurrency prices may come from third-party infrastructure, including centralised exchanges.

The site footer says the website is subject to the rules of Bex Software Development LLC-FZ, "a company incorporated under the laws of United Arab Emirates". The footer gives its address as Meydan Grandstand, 6th floor, Meydan Road, Nad Al Sheba, Dubai, and calls it "a technology and education company". The Terms & Conditions name the operator as "Bex Software Development LLC, a company registered in Dubai". The footer also names BEM Ltd., incorporated in Saint Lucia with registration number 2026-00240, as the operator of MT5.

None of the saved pages claims regulation; the Terms & Conditions state "we are not a broker-dealer". The Terms are governed by UAE law, with disputes going to the courts of Dubai. The firm says accounts are simulated and that users are never asked to deposit capital for investment.

Who can join

You must be at least 18 (or the age of majority where you live) and have a valid ID for KYC. Eligibility is decided by the country on your ID document, not your current location. Registration is for personal use only; company accounts are not allowed. Each user may have only one account profile.

The FAQ lists countries it cannot accept, including the United States of America, the United Arab Emirates, Saudi Arabia, Qatar, Iran, Iraq, Cuba, North Korea, Syria and Venezuela, among others. The Terms & Conditions give a different "Forbidden Territory" list that includes, for example, Russia, Israel, Lebanon, Libya and Yemen, which are not on the FAQ list. Read both lists before buying.

Refunds

The Terms & Conditions allow refund requests within 14 days of purchase only if the service is unused, and any trade counts as use. A failed evaluation is not refunded. The Cancellation & Refund Policy makes exceptions for faulty services, where eligibility extends beyond 14 days, and for misrepresented services, which can be refunded even if partly used. The refund FAQ says faulty or misrepresented services can be refunded if requested within 14 days of purchase. The two pages give different time limits for faulty services.

• BEM One fits traders who want one phase with no minimum trading days, accepting a 6% trailing drawdown and a 35% best-day rule once funded.
• BEM One Only fits traders who want a lower 6% target, news and weekend freedom in both stages and wide crypto access, accepting a 30% best-day rule throughout and the 2% Equity Guard once funded.
• BEM Classic – Normal fits traders who prefer a fixed 9% drawdown and higher Forex leverage (up to 1:100), and can meet the 3 qualifying days per phase.
• BEM Classic – Swing fits traders who hold positions overnight and over weekends and want swap-free trading, accepting lower leverage.
• It does not fit traders who rely on third-party expert advisors, which the firm's terms prohibit.

MyPropGenius Rating: 2.9/5 — its Transparency Index score of 59/100 ÷ 20, rounded down

The rating measures how openly BEM Funding discloses its rules, pricing, payouts and ownership (our Transparency Index methodology). It does not measure how likely you are to pass or be paid.