Eightcap Challenges vs SabioTrade - Prop Firm Comparison (March 2026)

Head-to-head comparison of Eightcap Challenges and SabioTrade. 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.

Eightcap Challenges vs SabioTrade - Prop Firm Comparison (March 2026)
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...
SabioTrade
SabioTrade is an Ireland-based proprietary trading firm operated by Codevil IT Engineering Limited. It offers a single-phase evaluation with five account tiers ranging from $20,000 to $650,000. Traders must reach a 10% profit target while respecting a 5% daily loss...
Overview
Trustpilot Rating 4.1 3.5
Trustpilot Reviews 3,569 714
Headquarters Seychelles Ireland
Age (Years) 1 3
Max Funding $600,000 $650,000
Profit Split Start 80% 80%
Profit Split Max 90% 90%
Platforms mt4 mt5 tradelocker MT4 MT5 Quadcode
Assets FX Commodities Indices Crypto US Stocks (Day Trader only) Forex stocks indices commodities ETFs cryptocurrencies
Leverage
FX Leverage 100 30
Metals Leverage 20 25
Crypto Leverage 3 3
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. 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
Drawdown Type Balance-based (Daily from previous-day balance; Max fixed from initial balance) Trailing (dynamic drawdown calculated from the highest equity reached)
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. Weekly
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
Payments
Payment Methods Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC) Credit/debit card 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 as long as traders comply with risk and drawdown limits. High-frequency activity around news events is prohibited.
Weekend Trades Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend. Overnight positions are allowed. Weekend holding depends on the selected plan, with some requiring positions to be closed before market close on Friday.
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. There is no formal copy-trading program. Traders are expected to trade their own strategies, and coordinated or mirrored trading is discouraged.
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 and automated strategies are permitted if they comply with the rules. High-frequency trading, scalping, and hedging strategies 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 and AML verification are required before receiving a funded account and payouts. Traders must submit valid government ID, proof of address, and identity verification.
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 OFAC-sanctioned countries including Iran North Korea Syria Cuba and other restricted jurisdictions