Eightcap Challenges vs FORFX - Prop Firm Comparison (March 2026)
Head-to-head comparison of Eightcap Challenges and FORFX. Check max funding, profit splits, daily and overall drawdown rules, leverage, tradable assets, payout frequency, payment and payout methods, trading permissions and KYC restrictions before you buy a challenge. Data refreshed March 2026.
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Eightcap Challenges
Eightcap Challenges is a broker-backed simulated trading program operated by Eightcap International Ltd (Seychelles) that offers One Phase and Two Phase CFD challenges on mt4, mt5 and tradelocker with balance-based drawdown limits, a 14-day payout cycle, and 80% profit splits...
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FORFX
FORFX is an innovative prop firm backed by Opofinance broker offering Flash, Legend, PeakScalp, Black, and Live challenge types with profit splits up to 90%, a unique Live Assessment Plan with real funded accounts, and payouts as fast as 10...
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| Overview | ||
| Trustpilot Rating | 4.1 | 0 |
| Trustpilot Reviews | 3,569 | 0 |
| Headquarters | Seychelles | United Arab Emirates |
| Age (Years) | 1 | 3 |
| Max Funding | $600,000 | $400,000 |
| Profit Split Start | 80% | 70% |
| Profit Split Max | 90% | 90% |
| Platforms | mt4 mt5 tradelocker | MT4 MT5 cTrader |
| Assets | FX Commodities Indices Crypto US Stocks (Day Trader only) | FX Metals Indices Energy Crypto |
| Leverage | ||
| FX Leverage | 100 | 100 |
| Metals Leverage | 20 | 20 |
| Crypto Leverage | 3 | 2 |
| Risk & Drawdown Rules | ||
| Max Daily Loss | Maximum Daily DrawdownEightcap Challenges applies a balance-based daily drawdown rule calculated from the previous day’s account balance snapshot (Previous Day Balance × Limit%). Your account’s intraday equity loss must not exceed this daily limit.One Phase: 4% daily drawdown (Assessment and Payout Stages).Two Phase: 5% daily drawdown (Assessment, Qualification and Payout Stages).Day Trader: No daily drawdown; risk is managed via fixed maximum drawdown thresholds tied to the selected timeframe and multiplier. | Maximum Daily LossFORFX applies model-dependent daily loss limits that differ between evaluation and funded phases.How It Is Applied:Flash Normal: 5% maximum daily loss across all phases.Flash Aggressive: 10% during evaluation, 5% once funded.Legend Normal: 5% maximum daily loss across all phases.Legend Aggressive: 10% during evaluation, 5% once funded.PeakScalp Normal: 5% maximum daily loss across all phases.PeakScalp Aggressive: 10% during evaluation, 5% once funded.Black Normal: 5% maximum daily loss across all phases.Black Aggressive: 10% during evaluation, 5% once funded.Daily drawdown is... |
| Max Total Loss | Maximum DrawdownOverall drawdown is enforced as a fixed percentage of the initial balance for standard challenges and as fixed-dollar thresholds for Day Trader Challenges.One Phase: 8% maximum drawdown (Assessment and Payout Stages).Two Phase: 10% maximum drawdown (Assessment, Qualification and Payout Stages).Day Trader: Maximum drawdown is defined in dollars and varies by timeframe and multiplier (DT-1/DT-2/DT-4/DT-8 with 2x/5x/10x options). | Maximum Overall LossMaximum overall loss on FORFX accounts varies by model and variant.How It Works:Flash Normal: 10% maximum overall loss across all phases.Flash Aggressive: 20% during evaluation, 10% once funded.Legend Normal: 10% maximum overall loss across all phases.Legend Aggressive: 20% during evaluation, 10% once funded.PeakScalp Normal: 12% maximum overall loss (highest among all models).PeakScalp Aggressive: 20% during evaluation, 10% once funded.Black Normal: 10% maximum overall loss across all phases.Black Aggressive: 20% during evaluation, 10% once funded.If equity falls below the... |
| Drawdown Type | Balance-based (Daily from previous-day balance; Max fixed from initial balance) | Drawdown ModelFORFX uses a static drawdown model where the maximum loss is measured from the initial starting balance rather than trailing from highest equity.Key Points:All challenge types use static (balance-based) drawdown for overall maximum loss.Daily drawdown resets at 5:00 PM EST based on end-of-day account balance.Aggressive variants have relaxed drawdown limits during evaluation (10% daily / 20% max) but revert to standard limits (5% daily / 10% max) once funded.Drawdown calculations include both open and closed positions.The static model means... |
| Payouts | ||
| Payout Frequency | Payout FrequencyOne Phase & Two Phase: Standard payout eligibility begins 14 days into the Payout Stage (or 7 days with the earlier-payout add-on), provided all payout-stage requirements and KYC are satisfied.Day Trader Challenges: Payout eligibility is immediate upon successful completion of the time-limited challenge. | Payout FrequencyFORFX offers different payout cycles depending on the challenge type.Flash: First payout available after 10 days from funded account activation.Legend: First payout after 30 days, then every 14 days thereafter.PeakScalp: First payout after 30 days, then every 14 days thereafter.Black: First payout after 10 days.Live: Payout terms based on funded account agreement.All models offer a 125% fee refund upon successful completion and first payout from the funded account. |
| Days to First Payout | 14 | 10 |
| Payout Processing Time | Payout ProcessingPayout requests are reviewed by the risk team for rules compliance and KYC (if required). Approved payouts are typically processed within 24–48 hours of an eligible request, but may take longer if additional review is required. | Payout ProcessingFORFX processes payout requests typically within 1 to 2 business days once approved. The firm supports cryptocurrency-based payouts as the primary withdrawal method. Refunds are processed within up to 2 business days via email request to [email protected]. |
| Payout Methods | Crypto International Bank Transfer | Crypto |
| Payments | ||
| Payment Methods | Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC) | Credit/Debit Card Crypto Bank Transfer |
| Trading Permissions | ||
| News Trading | Trading during major news events is restricted: you cannot place trades within 10 minutes before or after high-impact events (per FXStreet). Trading inside the window is treated as a soft breach that triggers a warning and removal of any profits made from those trades. | News trading is allowed on all FORFX challenge types. However, there is a restriction on margin usage during high-impact economic events.All Models:News trading is permitted during both evaluation and funded phases.A maximum 50% margin usage rule applies during high-impact news releases to prevent excessive leverage during volatile periods. |
| Weekend Trades | Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend. | Weekend holding is allowed across all FORFX challenge types.All Models (Flash, Legend, PeakScalp, Black, Live):Holding trades over the weekend is permitted in both evaluation and funded phases.Standard platform trading hours and gap risk apply. |
| Copy Trading | Copy trading or mirroring another person’s trades is prohibited and may result in profit removal or account termination. Copying between your own accounts is allowed only if all accounts are registered under the same email address. | FORFX does not provide detailed public documentation on copy trading policies. Based on the available information, copy trading between your own accounts may be permitted as long as all risk rules and consistency requirements are met on each individual account. Traders should contact support for specific copy trading guidelines. |
| EA Allowed | Expert Advisors (EAs) and indicators are permitted, but prohibited strategy types (including martingale, grid, tick trading, arbitrage variants, gap trading and account management) are monitored and can trigger violations—especially during the Payout Stage. | Expert Advisors (EAs) are allowed on most FORFX challenge types with one notable exception.Permitted:Flash: EAs allowed in all phases.Legend: EAs allowed in all phases.Black: EAs allowed in all phases.Live: EAs allowed.Not Permitted:PeakScalp: EAs are NOT allowed on this challenge type.All automated trading must comply with the firm's FLR, consistency, and drawdown rules. |
| KYC & Restrictions | ||
| KYC Required | No | No |
| KYC Stage | Australia, Saint Lucia, Afghanistan, Central African Republic, Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Guinea-Bissau, Iran, Iraq, Lebanon, Myanmar, Russia (and Crimea, Donetsk, Luhansk and Sevastopol regions of Ukraine), Somalia, Sudan, South Sudan, Syria, Yemen, Zimbabwe, Libya | FORFX requires KYC verification for funded account activation and payouts. Full identity verification is mandatory when transitioning from evaluation to funded status. Traders should expect to submit standard ID and residency documents before accessing their funded account and profit distributions. |
| Restricted Countries | Australia Libya Lebanon Pakistan Russia Somalia South Sudan Sudan United States Zimbabwe Afghanistan Central African Republic Cuba Democratic Republic of the Congo Guinea-Bissau Iran Iraq Myanmar North Korea Syria Yemen | Turkey Pakistan Australia USA Japan Canada North Korea Iran Myanmar Russia |