BEM Funding was founded in 2024 and is operated by Bex Software Development LLC-FZ, incorporated in the United Arab Emirates, with a separate Saint Lucia entity running its MT5 offering. It runs 1-Step and 2-Step CFD/forex/crypto challenges on MT5, cTrader and DXtrade with accounts scaling to $200,000 and profit splits up to 90%. As a very young firm, it has drawn both praise for fast payouts and recurring trader complaints about accounts being denied after passing.