Sourced directly from BrightFunded's own evaluation rules and reward split help articles.
1-Step is the exact model used for BrightFunded's Free $1K Challenge, same rules, same table above, just a $1,000 balance and no fee attached. Worth running the free version first to see how the whole system actually feels before paying for a larger account.
Unlike the two 2-Step plans, which run a static max drawdown fixed to the initial balance, 1-Step trails your equity's high-water mark, but only up to a point: once equity clears 6% above the initial balance, the ceiling locks at the original balance and stops trailing further. It also resets on payout events, so the floor doesn't stay permanently anchored to a peak from months ago either. That's a genuinely trader-favorable mechanic, the usual downside of a trailing drawdown (the floor keeps rising as you make more money, permanently) gets capped here instead of running indefinitely.
5 trading days are required, but the bar is just holding one trade open for at least 60 seconds, win or lose. There's no minimum daily gain attached, unlike firms that require each qualifying day to clear a specific percentage. That keeps the 1st Target figure clean: no hidden extra percentage tacked on by the days rule.
The firm overview covers what applies regardless of which model you pick: the discretionary Funded Trader Program acceptance, the Trustpilot-flagged rating, and the recurring "1% risk rule" complaint pattern still being followed up on. Read it once rather than per product.