BEM Funding is a forex and crypto CFD prop firm that started in June 2024. It offers four evaluation programs: two one-step challenges (BEM One and BEM One Only) and two two-step challenges (BEM Classic and BEM Classic Swing). All share an 80% profit split but differ in how drawdown is measured, how often you can withdraw and which trading behavior is restricted once you are funded. The one-step programs pay on demand but carry best day rules and trailing drawdown. The Classic programs use static drawdown with fixed payout cycles. On every program, funded exposure caps, news windows and a 2% reward fee shape the real cost of an account more than the challenge price does.
Who operates BEM Funding and what you can trade
The site’s rules and policies belong to Bex Software Development LLC-FZ, a company incorporated in the United Arab Emirates, while the footer also names BEM Ltd., a Saint Lucia company with registration number 2026-00240. Accounts run on MetaTrader 5, cTrader and DXtrade, and according to the firm, MT5 can be selected at checkout on every product and account size. The asset list covers forex, metals, indices, energies and cryptocurrencies. BEM One Only is built around crypto and gives access to more than 140 crypto pairs priced from exchange feeds.
Several countries are excluded from signing up, including the United States, the United Arab Emirates (the firm’s own home country), Saudi Arabia, Qatar, Belarus, Iran, Iraq, Venezuela and a range of smaller states.
Payouts are paid by credit or debit card, crypto, or PayPal, with an average processing time of about 6 hours.
The four programs at a glance
BEM One is the standard one-step challenge. It has a 9% profit target, a 3% daily loss limit and a 6% maximum loss, with no minimum trading days. The target is larger than the drawdown (a 1:0.67 ratio). In exchange, the evaluation has no consistency rule.
BEM One Only is the newer, crypto-focused one-step program. It replaced the discontinued BEM Extended (existing Extended accounts keep running unless breached). The target drops to 6% against the same 6% maximum loss, which gives a 1:1 ratio, and the firm charges no activation fee.
BEM Classic is a two-step challenge. The targets are 9% in phase one and 4.5% in phase two. The daily loss limit is 4.5% and the maximum loss is 9%, measured statically from the initial balance. Each phase requires at least three trading days.
BEM Classic Swing uses the same targets and limits as Classic. It relaxes the funded-stage news and weekend rules so that positions can be held for longer.
What it costs
Challenges are a one-time fee, and prices scale with account size. One-step accounts run from $5K to $200K. BEM Classic runs from $5K to $100K. At list price, a $50K account costs $285 in BEM One, $270 in BEM One Only and $321 in BEM Classic. Swing versions cost more than Classic at the same size.
The challenge fee is not the only cost. A 2% processing fee applies to all rewards, and cryptocurrency payouts can carry extra network fees. On a hypothetical $1,000 profit share, the 2% fee takes $20 before any network charge.
How the drawdown works
Trailing drawdown on BEM One and BEM One Only
Both one-step programs use a maximum loss that trails and then locks at the initial balance. The firm describes the BEM One Only drawdown as balance-based. The hypothetical example below assumes the floor trails the highest balance at a fixed 6% distance until it reaches the starting balance.
- Hypothetical $10,000 account, 6% max loss = $600.
- Starting floor: $9,400.
- Balance climbs to $10,300: floor rises to $9,700.
- Balance reaches $10,600: floor reaches $10,000 and locks there.
After the lock, the floor stays at $10,000 no matter how much higher the balance goes. Before the lock, every new high pulls the floor up behind it, so giving back early gains costs more than under a static limit.
Static drawdown on the Classic programs
BEM Classic and Classic Swing measure the 9% maximum loss from the initial balance. On a $25,000 account the floor sits at $22,750 and does not move. The daily loss limit is 4.5%, wider than the 3% on the one-step programs.
Funded-stage exposure caps
Per-symbol limit (BEM One, Classic, Classic Swing)
On a funded account, risk exposure on any single trading symbol cannot exceed 1.2% of the initial balance. On a $100K account that is $1,200 per symbol, and stacking several entries on the same pair counts against the same ceiling. Positions that break the limit may be closed automatically without notice. On BEM One, two breaches can end the account and forfeit reward eligibility. Both Classic programs allow three.
Equity Guard (BEM One Only)
BEM One Only applies a tighter, portfolio-wide cap. Combined risk exposure across all open positions must stay at or below 2% of the initial balance. On a hypothetical $50K account, that is $1,000 in total across every open trade. Positions that cause a breach are closed automatically.
The penalty also reaches the payout. Each breach cuts the profit split by 20 percentage points, from 80% to 60% after the first breach and to 40% after the second. These cuts are cumulative and permanent for that account. A third breach terminates it.
News, weekends and prohibited strategies
News trading
All programs allow news trading during the evaluation. On funded accounts the rules split three ways:
- BEM One and BEM Classic: from 4 minutes before until 4 minutes after a high-impact event affecting the instrument, you cannot open or close trades, place or modify orders, or have Stop Loss or Take Profit orders trigger. The last point means a protective stop that fills inside the window can count as a violation.
- BEM Classic Swing: trades opened or orders placed at least 8 hours before the event can stay open and be managed normally during the window. Positions entered within those 8 hours can stay open, but you cannot execute, close or modify them during the 4-minute window on either side.
- BEM One Only: news trading is allowed on both stages, but strategies designed mainly to exploit high-impact news are prohibited.
On BEM One, Classic and Classic Swing, a news violation is a soft breach. Two soft breaches become a hard breach or termination. Profits from prohibited trades can be removed, while losses from them stay on the account.
Weekend holding
BEM One and BEM Classic allow weekend holding during the evaluation only. On funded accounts, forex, metals, indices and energy positions must be closed before the Friday market close. Crypto is not on that list. BEM Classic Swing and BEM One Only allow weekend holding on both stages. Across all programs, open positions must be closed before any scheduled maintenance lasting 2 hours or longer.
Prohibited practices
The rules ban several kinds of trading behavior:
- Opening many trades at once or in rapid succession in a way that suggests automated or non-discretionary execution.
- Placing pending buy and sell orders on both sides of price ahead of major news to catch the spike.
- Gambling-style trading: oversized positions, repeated one-way exposure, or trying to pass with a handful of high-risk trades.
- Martingale, heavy averaging down, one-sided betting, aggressive pyramiding and raising position size after losses.
Profits from these strategies can be removed, adjusted or excluded from payout calculations. Copy trading is allowed between accounts you own at BEM Funding, including between evaluation and funded accounts. That permission does not cover copying between BEM accounts and outside accounts.
Payouts and consistency rules
Every program pays an 80% profit split before any Equity Guard reductions. The payout terms differ by program.
BEM One
- Frequency: on demand.
- Minimum payout: the greater of $150 or 50% of the Maximum Daily Drawdown amount. If that amount is 3% of the initial balance, the minimum is $150 on $5K and $10K accounts, $750 on $50K and $1,500 on $100K.
- Consistency: 35% best day rule, measured across the whole trading history when you request a payout. Your best day can be at most 35% of total profit. A $700 best day therefore needs at least $2,000 in total profit ($700 ÷ 0.35).
- Buffer: after the payout, the balance must stay above the trailing drawdown level. If the drawdown has locked at the initial balance and the withdrawal leaves no profit, the account is terminated.
BEM One Only
- Frequency: on demand.
- Minimum payout: $150.
- Consistency: 30% best day rule, measured across the whole trading history at request. A $300 best day requires at least $1,000 in total profit.
- Buffer: after the payout, the account must keep a buffer of at least 50% of the Maximum Daily Drawdown amount. Falling short can lead to termination.
The 30% best day rule applies from day one of the evaluation too. One large winning day can therefore delay a pass as well as a payout.
BEM Classic and BEM Classic Swing
- Frequency: the first payout comes 14 days after the first funded trade, then every 14 days. A paid 7-Day Reward add-on shortens the first and later cycles to 7 days. The firm also describes Classic as weekly and Classic Swing as bi-weekly, which conflicts with the 14-day cycle, so confirm the cycle for the configuration you buy.
- Minimum payout: $150, after the profit split.
- Activity: at least 3 trading days in every reward cycle, including the first.
- Qualifying day: a day needs at least 0.5% profit to qualify. On a $25K account that is $125.
Leverage by program and asset
Leverage reaches 1:100, but only on forex in the two-step programs:
| Asset | 1-Step | 2-Step |
|---|---|---|
| Forex | 1:50 | 1:100 |
| Metals | 1:15 | 1:30 |
| Indices | 1:15 | 1:50 |
| Energy | 1:15 | 1:30 |
| BTC and ETH | 1:2 | 1:5 |
| Crypto majors | 1:2 | 1:2 |
| Altcoins | 1:1.5 | 1:2 |
| DeFi and meme coins | 1:2 | 1:2 |
Crypto leverage is low on both structures. On BEM One Only, a 1:2 margin requirement on most pairs and the 2% combined exposure cap both limit position size.
Reputation
On Trustpilot, BEM Funding has a 3.8/5 score from 221 reviews, with 80% five-star and 13% one-star. Ratings cluster at the extremes, with roughly 13% at one star. The firm has operated only since June 2024, so its track record is short compared with older prop firms.
Strengths and trade-offs
What works in BEM Funding’s favor
- Four rule sets: a one-step account without evaluation consistency (BEM One), a 1:1 target-to-drawdown one-step (BEM One Only), or two-step static drawdown (Classic and Swing).
- On-demand payouts on both one-step programs.
- Three platforms: MT5, cTrader and DXtrade.
- Weekend holding and relaxed or removed funded news windows on Swing and One Only.
- Copy trading between your own BEM accounts.
What costs you
- A 2% processing fee on every reward, plus crypto network fees where they apply.
- Funded exposure caps that close positions automatically and count toward termination, plus permanent split cuts on BEM One Only.
- BEM One’s 9% target against a 6% trailing loss, and a minimum payout that can reach $1,500 on a $100K account.
- Best day rules on both one-step programs.
- A wide country exclusion list, including the US and the UAE.
How we checked BEM Funding
We visited bemfunding.com on 13 November 2026, connecting from Tallinn, Estonia. We opened the homepage, the About page, the Terms & Conditions, the Prohibited Trading Practices page, the refund policy, the FAQ and the terms of use for BEM One and BEM Classic Normal. On the challenges page and the BEM One page, we clicked through the $5K to $50K sizes to reveal each plan. A live chat widget sat in the corner.
Prices were public. The comparison table listed a $50K account at $285 for BEM One, $270 for BEM One Only, $321 for BEM Classic and $447 for BEM Classic Swing. The same table showed the 9% and 6% one-step targets and the 80% split. Clicking “Buy Challenge” took us to checkout.bemfunding.com, which showed prices on the page. That is where we stopped. We did not buy anything or open an account. No risk warning appeared on the pages we opened.
The footer names BEM Ltd. as a company incorporated under the laws of Saint Lucia, with registration number 2026-00240. The Terms & Conditions also name Bex Software Development LLC-FZ, a company incorporated under the laws of United Arab Emirates. Neither is presented as a licence from a financial regulator, and Seychelles and Belize appear only in the list of countries the firm does not serve. We did not run a register check, because the site claims no licence in a register we can query.
We read the Trustpilot profile on 13 November 2026. It showed 3.8/5 from 221 reviews, with 80% five-star and 13% one-star, and the company had replied to none of the 8 newest reviews. The domain was registered on 2024-02-19, and the first Wayback Machine capture is dated 2024-05-19. Some claims rest on the firm’s word alone. These include the average 6 hours payout time and the 3M+ paid out figure on the homepage, and we found no independent way to confirm either.
Who BEM Funding may suit
BEM One Only fits a crypto trader who keeps positions small, holds over weekends and wants a lower entry fee with on-demand withdrawals; the 2% combined cap makes it a poor match for several concurrent positions at meaningful size. BEM Classic Swing fits a slower forex or index trader who wants static drawdown, 1:100 forex leverage, and freedom to hold through weekends and scheduled news. BEM One suits a trader who can pass a one-step evaluation quickly and can live with the funded news window, the Friday close requirement and the 35% best day rule at payout.
Scalpers who trade around news or fire off rapid bursts of orders run into several restrictions at once on every program, and traders who rely on martingale or grid recovery are excluded outright.
Alternatives
| Provider | Score | Fee | Split | Payouts | |
|---|---|---|---|---|---|
| 7.2/10 | $855 | 88% | 14 days | Review | |
| 5.2/10 | $35 | 80% | Monthly | Review | |
| 5.1/10 | $349 | 80% | Weekly Friday | Review |