Eightcap Challenges vs OneFunded - Prop Firm Comparison (March 2026)
Head-to-head comparison of Eightcap Challenges and OneFunded. 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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OneFunded
OneFunded is a UK‑based proprietary trading firm launched in 2024 under Brynex Tech Limited. It offers evaluation‑based simulated trading accounts with unlimited time to pass; the main programs are the 1‑Step Challenge, 2‑Step Challenge and 1F Limited challenge. Traders work on the...
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| Overview | ||
| Trustpilot Rating | 4.1 | 4.4 |
| Trustpilot Reviews | 3,569 | 185 |
| Headquarters | Seychelles | United Kingdom |
| Age (Years) | 1 | 2 |
| Max Funding | $600,000 | $200,000 |
| Profit Split Start | 80% | 80% |
| Profit Split Max | 90% | 90% |
| Platforms | mt4 mt5 tradelocker | TradeLocker cTrader |
| Assets | FX Commodities Indices Crypto US Stocks (Day Trader only) | Forex indices commodities (metals & energies) cryptocurrencies |
| Leverage | ||
| FX Leverage | 100 | 100 |
| Metals Leverage | 20 | 30 |
| 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. | 4–5 |
| 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). | 6–11 |
| Drawdown Type | Balance-based (Daily from previous-day balance; Max fixed from initial balance) | Fixed (daily 4–5 % and overall 6–11 % of starting 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 every 14 days in the funded stage (or weekly with an add‑on). Bi‑weekly and weekly cycles provide up to a 90 % profit split. |
| Days to First Payout | 14 | 14 |
| 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. | 2 |
| Payout Methods | Crypto International Bank Transfer | USDT TRC20 Bank transfer |
| Payments | ||
| Payment Methods | Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC) | Credit/debit card (Visa Mastercard) Google Pay Apple Pay Crypto (USDT TRC20) 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 in both evaluation and funded stages. A high‑impact news window (5 minutes before and after the event) requires careful risk management; trades may be opened, modified or closed but abusing volatility may result in warnings or termination. |
| Weekend Trades | Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend. | Overnight and weekend positions are allowed across all stages. Swap/rollover fees apply where relevant. |
| 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 is permitted only between your own OneFunded accounts. Coordinated copy trading with other traders or social copy services is 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 strategies are allowed, but traders must request approval via the support desk and provide details of the EA’s logic. |
| 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 after completing the evaluation and before receiving funded account credentials and payouts. Traders must submit proof of identity, proof of address and a selfie. |
| 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 | Afghanistan Belarus Central African Republic Cuba Democratic Republic of the Congo Eritrea Guinea‑Bissau Iran Iraq ISIL (Da’esh) Lebanon Libya Mali North Korea Russia (including Crimea/Donetsk/Luhansk) Somalia South Sudan Sudan Syria Taliban Yemen Zimbabwe |