Eightcap Challenges vs Funded Firm - Prop Firm Comparison (March 2026)
Head-to-head comparison of Eightcap Challenges and Funded Firm. 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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Funded Firm
FundedFirm is a UK-based proprietary trading firm launched in 2024. It offers 1‑Step and 2‑Step evaluation programs with unlimited time, allowing traders to trade forex, metals, indices, energies and cryptocurrencies on MT5. With leverage up to 1:100 (1:50 for crypto),...
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| Overview | ||
| Trustpilot Rating | 4.1 | 0 |
| Trustpilot Reviews | 3,569 | 0 |
| Headquarters | Seychelles | United Kingdom |
| Age (Years) | 1 | 2 |
| Max Funding | $600,000 | $100,000 |
| Profit Split Start | 80% | 90% |
| Profit Split Max | 90% | 100% |
| Platforms | mt4 mt5 tradelocker | mt5 |
| Assets | FX Commodities Indices Crypto US Stocks (Day Trader only) | Forex Precious Metals Indices Energies Cryptocurrencies |
| Leverage | ||
| FX Leverage | 100 | 100 |
| Metals Leverage | 20 | 100 |
| Crypto Leverage | 3 | 50 |
| 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. | 3–5 |
| 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). | 6–10 |
| Drawdown Type | Balance-based (Daily from previous-day balance; Max fixed from initial balance) | Fixed (daily 3–5% of starting equity; overall 6–10% of initial balance) |
| 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. | Payouts can be requested weekly, bi‑weekly or monthly. Weekly cycles provide a 60% profit split, bi‑weekly cycles 80%, and monthly cycles up to 100%. Payouts for weekly and bi‑weekly plans are released every Wednesday starting from the second week after the account is opened. |
| Days to First Payout | 14 | 7 |
| 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. | 1 |
| Payout Methods | Crypto International Bank Transfer | Bank transfer UPI BTC USDT TRC20 USDT BEP20 USDT ERC20 |
| Payments | ||
| Payment Methods | Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC) | UPI Bitcoin USDT TRC20 USDT BEP20 USDT ERC20 |
| 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 account types. Traders may open and close positions during high‑impact news releases. |
| Weekend Trades | Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend. | Overnight and weekend holding is allowed without restrictions. |
| 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. | Copy trading and mirroring strategies across accounts are prohibited. |
| 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) and automated trading tools are not allowed. |
| 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 | KYC/AML verification is required before the first payout. Traders may need to provide government‑issued ID and proof of address to satisfy compliance checks. |
| 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 | No specific list of restricted countries is published but services may not be available in sanctioned jurisdictions such as North Korea Iran Syria and other high‑risk regions. |