Bespoke Funding Program Forex prop firm review — Scam Alert?!

Bespoke Funding Program prop firm offers diverse funded account challenges ranging from 10 to 400k. The firm provides an 80% profit share and traders can purchase up to 90% profit split add-ons or use discount codes to get price cuts and a 90% profit split. There are four different challenge types and the minimum fee starts from 99 USD, which can be reduced by up to 45%.

In our Bespoke Funding Program review, we are going to dissect the firm’s critical features such as safety, funded options, rules, fees, platforms, support, and much more. Read this unbiased review to find out whether Bespoke Funding Programs are legitimate and attractive

Overall

Bespoke Funding Program prop trading provides diverse challenges and competitive profit splits but suffers from major trust issues and a lack of regulation. There are four funded challenge accounts, with 3 being almost the same. The firm offers discounts, but we can not confirm it allows for withdrawals. We recommend exercising extra caution when dealing with such prop trading firms.

Pros & cons of Bespoke Funding Program prop firm

Pros

• ✅ Profit-sharing starts at 80% and can be increased to 90% with paid add-ons or discount codes
• ✅ Discounts and promotional codes are available
• ✅ The firm supports advanced trading platforms like cTrader

Cons

• 🚫 An overwhelming number of negative trader reviews indicate the firm might be a scam
• 🚫 Only offers demo trading and acts as a broker
• 🚫 Lacks experience in the industry, having established in 2022
• 🚫 The firm prohibits the use of trading robots
• 🚫 Diverse funded accounts are mostly similar and require 2 phases, except the 1-Phase challenge

Safety of Bespoke Funding Program

Bespoke Funding Program reviews are lacking on the FPA. There are only 2 reviews and both of them are very negative with a 1-star evaluation. The situation on Trustpilot is even dire, as the system has detected a multitude of fake reviews. The firm has a 24% 1-star review rating, which directly indicates that the firm is either a scam or offers worst funded services. The firm was launched in 2022 making it a young prop trading firm. The lack of safety continues with the partner brokers of the firm. All funded accounts are simulated or demoed, and the firm does not provide trading services through regulated brokers and liquidity providers, making the Bespoke Funding Program a very unsafe and risky prop firm.

Overall, the Bespoke Funding Program’s safety is very questionable and there is a serious chance of losing paid fees with this firm. We recommend staying away from this firm.

Bespoke Funding Program Funding and maximum capital allocation

Bespoke Funding Program funded programs are diverse and include several funded challenge types such as Traders Choice, Classic Challenge, 12% challenge, and 1-Phase. Traders Choice is a 2-step funded account where traders have to achieve profit targets twice before getting funded. The Classic challenge is also a 2-phase challenge. The 12% challenge is also a 2-step account, and the -Phase accounts are only 1-step challenges offered by the firm. Why offer so many accounts with similar specs and models when it makes it tricky for traders to select suitable accounts? This similarity with the first three funded challenge types continues with their funding options and includes 10k, 25k, 50k, 100k, 200k, 300k, and 400k USD amounts. The 1-Phase account offers similar funding options, but the highest funding is 200k USD.

Bespoke Funding Program funding options are diverse but lack the lower range of funding options for beginners such as 1k or 5k, making it difficult to start for novices.

Bespoke Funding Program challenges in general do not offer anything new or diverse and there are actually only two funded account types, 1-step and 2-step with very little difference between various 2-step accounts. The firm should focus more on providing safety to their clients, rather than rewrite the same accounts several times.

The Bespoke Funding Program scaling plan promises traders to increase the maximum funding to up to 2 million dollars, but we take this information with a grain of salt as the firm has been detected to offer very bad prop trading services.

Bespoke Funding Program Assets

Bespoke Funding Program prop trading allows traders to access several asset classes including Forex pairs, commodities, indices, and crypto pairs. The leverage is different for each asset but the same for all funded account types. The leverage is as follows:

• Indices – 1:10
• Metals – 1:18
• Forex – 1:100
• Crypto – 1:2

Forex pairs have the highest leverage, while cryptos only offer up to 1:2 leverage possibility. This is common among prop firms and even Forex brokers, so nothing new here. The firm does not disclose exact spreads and commissions which is a downside.

Bespoke Funding Program Trading rules and limitations

Bespoke Funding Program rules are different for each funded challenge. 2-step accounts have smaller differences between risk limits, while the 1-step account has stricter rules.

Bespoke Funding Program Traders Choice funding challenges require traders to a 5% daily loss limit, an 8% maximum drawdown, and 8%-5% profit targets for phases 1 and 2. Bespoke Funding Program Classic challenge has a 5% daily risk limit, a 10% maximum loss, and 8%-5% profit targets. The 12% Challenge has a 5% daily loss limit, a 12% maximum drawdown, and 9%-6% profit targets. Bespoke Funding Program 1-Phase accounts require a 4% daily risk limit, a 6% maximum loss, and a 10% profit target.

The inactivity is 30 days, and if traders do not open trades, they get disqualified from the challenge. News trading is only allowed during challenge phases and is prohibited when the trader becomes funded, making it pretty easy to forget and get disqualified. This is a red flag as traders might forget that news trading is prohibited during the funded period.

Bespoke Funding Program Fees

The fees are different for each challenge account.

Bespoke Funding Program Traders Choice fees are as follows:

• Funded amount: 10,000 USD — one-time fee: 99 USD
• 25,000 USD — 195 USD
• 50,000 USD — 304 USD
• 100,000 USD — 499 USD
• 200,000 USD — 919 USD
• 300,000 USD — 1,369 USD
• 400,000 USD — 1,849 USD

Bespoke Funding Program Classic Challenge fees are similar but more expensive:

• Funded amount: 10,000 USD — one-time fee:129 USD
• 25,000 USD — 239 USD
• 50,000 USD — 329 USD
• 100,000 USD — 529 USD
• 200,000 USD — 949 USD
• 300,000 USD — 1,409 USD
• 400,000 USD — 1,879 USD

Bespoke Funding Program 12% Challenge fees:

• Funded amount: 10,000 USD — one-time fee: 109 USD
• 25,000 USD — 214 USD
• 50,000 USD — 392 USD
• 100,000 USD — 519 USD
• 200,000 USD — 939 USD
• 300,000 USD — 1,399 USD
• 400,000 USD — 1,899 USD

Bespoke Funding Program 1-Phase challenge fees are highest among four accounts:

• Funded amount: 10,000 USD — one-time fee: 129 USD
• 25,000 USD — 239 USD
• 50,000 USD — 329 USD
• 100,000 USD — 529 USD
• 200,000 USD — 949 USD

The 1-Phase accounts are the most expensive, while 2-step accounts slightly differ in pricing.

The Bespoke Funding Program free trial is not available and the Bespoke Funding Program free repeat is not offered either. Overall, the Bespoke Funding Program does not offer anything new and tries to rename 2-step accounts into different names only while the basics remain the same.

Bespoke Funding Program Platforms

The firm offers two trading platforms, Match Trader and CTrader. Both platforms offer advanced capabilities, but cTrader is more advanced. It allows cBots, but the firm does not allow trading robots, which is a huge drawback. Traders can use cTrader to analyze markets comprehensively. Overall, the Bespoke Funding Program allows the usage of advanced platforms but limits their capabilities by prohibiting trading robots.

Bespoke Funding Program Profit-Sharing

Bespoke Funding Program profit split is 80% and traders can increase it to up to 90% by paid add-ons or discount codes. Traders can also achieve to withdraw profits weekly using these means.

Warning: the firm might not be allowing withdrawals as there are many trade reviews indicating the Bespoke Funding Program is a scam prop firm!

Education and trading tools at Bespoke Funding Program

The firm does not offer educational materials. There are no webinars, trading courses, or video guides to allow beginners to succeed in prop trading. There are also no tools offered, which is also a drawback. Bespoke Funding Program offers a blog, but it offers shallow information regarding trading and is mainly an interesting read about trading in general.

Customer Support at Bespoke Funding Program

There is a FAQ section where traders can search through frequent questions, but the search plugin is not working correctly. As for the support options, the firm offers live chat and email channels. Both the website and the support options are only offered in the English language which is yet another downside.

Frequently Asked Questions on the Bespoke Funding Program