How to Set Up MetaTrader 5 for BrightFunded

Connect MetaTrader 5 to your BrightFunded account and configure the platform for BrightFunded's static (floor never moves) rules. This guide covers connection, verification, and recommended risk settings.

Connection Steps

Create your BrightFunded account

Sign up at https://brightfunded.com and purchase your evaluation. You will receive login credentials and a data feed connection string via email.

Download and install MetaTrader 5

Download MetaTrader 5 from the official website. Run the installer and follow the setup wizard.

Add the data feed connection

Open MetaTrader 5 and navigate to Connections or Data Feed settings. Add a new connection using the server address, username, and password from BrightFunded.

Connect to the data feed and verify market data is streaming. Check that your account balance matches your BrightFunded dashboard.

Configure risk settings

Set position size defaults, max order quantity, and any ATM strategies to prevent accidental oversizing that could breach BrightFunded rules.

Recommended Settings for BrightFunded

--Set a daily loss alert at 4.0% (80% of BrightFunded's 5% limit) so you stop trading before the hard cap.
--BrightFunded uses static drawdown. Your floor stays fixed at opening balance minus 10%. Set daily risk to stay well above that floor.
--Save your workspace template after configuring so you can restore it quickly if settings are lost.

BrightFunded Rules at a Glance

Drawdown Type	Static (floor never moves)
Max Drawdown	10%
Daily Loss Limit	5%
Overnight Holding	Allowed
Weekend Holding	Allowed
News Trading	allowed

Try a Free Audit

Check a trade against BrightFunded's rules for the $10,000 account. No sign-up required.

BrightFunded$10,000Daily limit: $5Max DD: $10

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Direction

Entry Price

Exit Price

P&L ($)

BrightFunded Rules Drawdown Simulator Take the Quiz