BloomFunded is one of few prop firms that bar forex entirely. It evaluates traders only on synthetic indices: Boom, Crash, Jump, Step and the Volatility series. Deriv describes these as simulated markets that trade 24/7, including weekends. BloomFunded’s own pages don’t name Deriv or any trading platform. However, the YouTube creators whose videos the firm features describe it as a “Deriv Synthetic Indices Prop Firm” in their video titles (King Miracle).

We checked the rulebooks, refund policy, payout page and dashboard setup. The main finding is how often BloomFunded’s own documents disagree.

What BloomFunded publishes about payouts

The firm publishes two different sets of payout figures. The homepage and the About page claim “$57,100+ paid out to traders”, 877 funded accounts, 15,411 traders and 85 countries. Lower down the same homepage the figures are “$40,000+ Paid out to traders” and 800 funded accounts, and the payouts page also says over $40,000. Neither set is dated or audited.

Even the larger figure is small. $57,100 across 877 funded accounts averages about $65 per funded account. That fits a firm with accounts capped at $50,000 and 5% first payouts, not a large payout record.

The payout timing is where the documents clash most. The payouts page promises “Weekly payouts on a fixed cycle”, with profits released 24 to 48 hours after a Friday window opens. The Synthetic Challenge Terms set 7 days for the one-step and 14 for the two-step. The Instant Account rules say “Payouts are every 15 days, and payouts are capped at $2,000 per month”. The Easy 5K rules allow an on-demand first payout, then one every 14 days, capped at $250 each, with the account closed after three payouts.

The firm says the challenge fee is refunded with the third approved withdrawal on the one-step and two-step accounts. Instant Account fees are never refundable.

What could not be verified. BloomFunded publishes no audited payout totals, pass rate or payout-denial rate; its certificates are images on its own site. Trustpilot’s BloomFunded page blocked automated access, so we could not check its review count, score or how recent the reviews are. The testimonials on bloomfunded.com give only first names and cities, so we could not trace them to real people. We found no dated, first-hand payout report from a named trader outside the firm’s own website and the promotional videos it features.

The rules that void BloomFunded accounts

The 0.5% trading-day rule. A day only counts towards the four-day minimum if it makes at least 0.5% of the starting balance. On a $10,000 account, a day that makes $49 does not count. The day a payout is approved never counts.

Consistency caps during the challenge. On the one-step, no single day may make more than 35% of the profit target. On the two-step the limit is 40%. On a $10,000 one-step with a 10% target, that caps your best day at $350. The firm’s own worked example applies the 35% to an 8% target, which is the two-step target. That leaves the calculation open to dispute.

Consistency caps on payouts. On funded one-step accounts, your best day cannot exceed 35% of the payout you request. On Instant accounts the limit is 20%. So a $500 Instant payout requires that no day made more than $100. If your best day is too large, the payout is held until further trading brings the ratio back inside the limit.

Trailing drawdown on the one-step. The 8% limit trails your highest equity: in the firm’s $100,000 example, reaching $110,000 lifts the breach level to $102,000. The two-step’s 6% limit is static.

Promotional $5,000 and $10,000 accounts. A clause buried in the terms caps withdrawals from promotional one-step and two-step accounts at 5% of the starting balance in every payout cycle, not just the first. On a $5,000 account that is $250 gross, or $200 after the split.

Other traps.

• The firm bans “gambling”, which it defines as placing 50% or more of your trades for under two minutes.
• Hedging is not allowed.
• You can hold at most five positions per instrument and 13 per account.
• Every instrument has a lot-size cap. On a $10,000 account, Volatility 75 is capped at 0.12 lots.
• If you raise a card dispute, the account is paused, and reactivation may take 30 to 45 business days.

The refund window also contradicts itself. Section 4.6 of the challenge terms allows a refund within 7 days if you haven’t traded. The refund policy page says 14 days. The instrument coverage is inconsistent too: the lot-size tables include Volatility 150 (1s), which the homepage market list never mentions.

More published figures that don’t match

The Terms & Conditions say the rules page prevails over website statements. That matters, because the site carries figures the rulebooks do not support:

• A 90/10 split for “Scaled accounts” is advertised, but no scaling plan is published.
• The FAQ says leverage drops “to 1:30 on the $200,000 accounts”, but the largest account the firm sells is $50,000.
• The challenges page lists a 5% daily limit on the $50,000 one-step and prices it at $2,000, which is 4%.
• The How It Works page tells traders to “Hit a 10% profit target”, but the two-step’s first phase is 8%.
• The Instant rules list a four-day minimum in their summary table, then state that Instant accounts have no minimum trading days.

The disclaimer also mentions “Platform 5 offerings”, which appear nowhere else on the site, suggesting copied boilerplate.

BloomFunded vs FTMO and The5ers

This table compares BloomFunded’s two-step with the two-step programmes at two firms we have already reviewed: FTMO and The5ers. Figures come from each firm’s own rules pages on 17 September 2026 (FTMO, The5ers High Stakes).

Two-step rule	BloomFunded	FTMO 2-Step	The5ers High Stakes
Profit target, phase 1 / phase 2	8% / 5%	10% / 5%	10% / 5%
Daily loss limit	4%	5%	5%
Maximum loss	6% static	10% static	10%
Minimum days	4 days, each with at least 0.5% profit	4 days, each with at least 1 position opened	3 days, each with at least 0.5% profit

BloomFunded’s lower targets come with tighter loss limits. A 6% maximum loss leaves 40% less room than the 10% at FTMO and The5ers, and it applies to instruments built to spike. Deriv describes Boom and Crash indices as built around sudden surges and drops.

Regulatory posture and who runs BloomFunded

BloomFunded is a brand of BLOOM GROWTH – FZCO, registered in Dubai under licence number 65693. Its office is in Dubai Digital Park, Dubai Silicon Oasis. It is not a regulated financial firm and does not claim to be. In its own words, it “provides demo accounts for simulated trading in a non-live environment”. Payouts are based on performance in that simulated account. UAE law governs the terms, and residents of nine countries, including Iran, Jamaica and Cyprus, are excluded.

We could not check licence 65693 against a public Dubai Silicon Oasis register. No executive, founder or beneficial owner is named on the site, and we found no on-the-record statement from anyone at the firm. According to public WHOIS records, bloomfunded.com was registered on 11 July 2025.

The trader dashboard runs on Propriotec, a vendor of white-label prop firm software. Its DNS resolves to a bloomfunded-cluster.propriotec.io host, and Propriotec says it serves more than 50 firms. That is shared software, not common ownership. We found no link to a firm TIS has already reviewed. For the wider rules picture, see our coverage of how regulators are closing in on retail prop trading and the gap between CFTC and ESMA approaches. For a broker-backed alternative, see our Blueberry Funded review.

BloomFunded FAQ

Is BloomFunded legit?

BloomFunded is a Dubai free-zone company with published rules and a working dashboard, and it was selling challenges on 17 September 2026. It is not regulated, names no executives and publishes no audited payout data. Its self-reported payout total is $40,000 or $57,100, depending on the page. Treat it as a new, unproven firm.

Can you trade forex at BloomFunded?

No. BloomFunded offers only synthetic indices: Boom, Crash, Jump, Step and the Volatility series, including one-second versions. The firm says it does not offer forex, metals, crypto or stocks, and its lot-size caps and drawdown rules are written for those synthetic instruments only.

How often does BloomFunded pay out?

It depends which document you read. The website says weekly. The rulebooks say 7 days for the one-step, 14 days for the two-step and 15 days for Instant accounts. Instant payouts are also capped at $2,000 a month. The Terms & Conditions say the rules page wins when the two disagree, so plan around the rulebook figures.

Does BloomFunded refund the challenge fee?

On the one-step and two-step, the firm says the fee comes back with your third approved withdrawal. Instant Account fees are never refunded. For unused accounts, the refund policy allows 14 days but the challenge terms say 7, so confirm the window in writing before buying.

This review is independent editorial analysis and is not financial, investment, or trading advice, and is not an endorsement or solicitation. The Industry Spread has no affiliate or referral relationship with the firms covered. Proprietary trading challenges carry a fee that is generally non-refundable, most participants do not reach a funded account, and funded capital is the firm’s capital, not the trader’s. Terms change frequently — always verify current rules directly with the firm before paying any fee.