Bespoke is regulated regulated by the Financial Conduct Authority (FCA) in the UK. Regulation ensures that a company is operating fairly and transparently and that it is following the appropriate rules and regulations.
- Traders receive their credentials immediately, so they can start trading immediately,
- News trading is allowed on the platform,
- The company offers its traders a bi-weekly payout,
- The platform offers a scaling program that can help increase your accounts
- Fast payouts and instant access to funds.
- The lack of a time limit on Bespokeās challenge accounts allows traders to take their time and trade at their own pace,
- Transparent and reliable trading environment.
- Variety of account sizes to suit different budgets.
- Bespokeās auto close feature is designed to help traders stay within the challenge parameters,
- Ability to trade a wide range of assets, including forex, stocks, crypto, and commodities
- Bespoke is a relatively new firm, so it may not have the same level of experience as more established firms,
- The minimum account size may be too high for some traders,
- The auto-close feature may be seen as a drawback for some experienced traders.
Bespoke Funding Program
Bespoke is a proprietary trading firm that offers funded accounts to successful traders. The firm offers different evaluation processes, with a maximum drawdown of 8% and a profit target of 5%. Once you complete the evaluation process, you will be awarded a funded account with a minimum capital requirement of $10,000. The funded account offers up to $400,000 in funding, with a profit split of up to 90%. This article will examine the Bespoke Funding Program in more detail, the companyās reputation, as well as the pros and cons of trading on the platform. The goal of this article is to provide an overview of how the Bespoke Funding Program works.
An Overview of the Bespoke Funding Program
Bespoke, is a UK-based company that has been in business for a year, the companyās trading platforms, MT4 and MT5, are among the most widely used platforms in the industry and offer a range of features including multiple chart types, advanced analysis tools, and automated trading capabilities. The partnership between Bespoke and ThinkMarkets offers traders the benefits of a broker with a strong reputation for its trading structure and safeguards. With a wide range of account sizes from $10,000 to $400,000 offered by the company, traders can choose an ideal entry point that fits their trading strategy and risk tolerance. Bespoke offers three different programs for its traders. The Classic Challenge is a two-phase evaluation program, the Rapid Challenge is also a two-phase evaluation. The One-Step Challenge is a single-step evaluation, with no time limit and even stricter rules. These programs are designed to accommodate traders of different experience levels and risk tolerances. Bespoke uses a two-phase assessment procedure, with Phase 1 needing an 8% profit target and Phase 2 requiring a 5% profit target. The highest total drawdown changes according to account size, from 8% to 10%. Bespoke offers alternatives in currency pairs, commodities, stock market indexes, and cryptocurrencies as trading instruments. Furthermore, Bespoke provides a comprehensive range of tools and features, making it a good choice for beginner and experienced traders.
Is Bespoke Funding Program Regulated
Bespoke is regulated regulated by the Financial Conduct Authority (FCA) in the UK. Regulation ensures that a company is operating fairly and transparently and that it is following the appropriate rules and regulations. It also provides a level of protection for traders, as regulated companies are required to keep client funds in segregated accounts, and are subject to regular audits and reporting requirements. This helps to protect the interests of both the company and its clients.
Bespoke Funding Program tradable Assets
Bespoke offers a variety of tradable assets, including commodities, stock market indices, currency pairs as well as cryptocurrencies. Traders can access major and minor currency pairs, Stock market indices from around the world offer exposure to a range of markets and allow for a variety of strategies. Cryptocurrencies offer a high-growth, high-risk asset that may be attractive to some traders.
Bespoke Funding Program Account Sizes
Bespoke offers account sizes to suit every trader. A $10,000 account offers a convenient starting point for individuals who are just starting, while experienced traders can choose a $100,000 or $400,000 account. With this variety of account sizes, traders can choose the degree of risk they can comfortably take on while still having the chance to see their accounts increase over time.
Bespoke Funding Program broker and Trading platform
Bespoke Funding is partnered with ThinkMarkets, which is a well-established broker with a strong reputation in the industry. ThinkMarkets offers the MT4 and MT5 trading platforms, which are two of the most popular platforms in the world. These platforms are user-friendly and offer a range of features, such as technical indicators and charting tools
Bespoke Funding Program payments and withdrawal methods
Bespoke offers several payment and withdrawal methods, the payment methods include Skrill, Paypal, credit/debit cards, and bank wire. The withdrawal methods are crypto, bank transfer, and wire transfer. Traders can choose the method that best suits their needs, with different processing times and fees for each.
Frequently asked questions
What trading platform does Bespoke funding use?
- Bespoke uses the MetaTrader 4 and MetaTrader 5 platform. MT4 is one of the most popular trading platforms and they offer a wide range of features and customization options.
Does Bespoke funding allow copy trading?
- Yes, Bespoke allows copy trading. This means that you can copy the trades from one of your accounts to another on the platform.
Does Bespoke funding allow the use of EAs?
- Yes, Bespoke allows the use of expert advisors (EAs) on the platform.
Is Bespoke funding trusted?
- Bespoke is regulated by the Financial Conduct Authority (FCA) in the UK and it ensures that a company is transparent and that it is following the appropriate rules and regulations
Which broker does Bespoke funding use?
- Bespoke Funding is partnered with ThinkMarkets, which is a well-established broker with a strong reputation in the industry
What is the minimum withdrawal for Bespoke funding?
- Once you complete both evaluation phases, you will be awarded a funded account that has no minimum withdrawal requirements.
This Bespoke Funding Program review is intended to give you a direction and help you make informed decision whether to consider Bespoke Funding Program prop firm or not.
Bespoke Funding Program Details
The prop firm Bespoke Funding Program is ****NOT**** regulated by ANY financial agency!! Bespoke Financial, who deal with mortgages, etc are regulated but have nothing to do with the prop firm of a similar name.
Further, Bespoke Funding Program (prop firm) are just a bunch of scamming pieces of crap. The growing number of complaints that these guys DON’T pay, either monies earned or refunds, is a clear testiment to this. THEY ARE CRIMINALS.