Does Eightcap Challenges offer 2-phase, 1-phase, or instant funding programs?
💡 Answer
Eightcap Challenges currently offers the following program types.
• One Phase Challenge (Assessment: 10% profit target, 4% max daily drawdown, 8% max drawdown, min 5 trading days; Payout: 4% daily & 8% max drawdown, min 7 trading days, 14-day payout cycle; 80% profit share with optional 90% profit split and/or 7-day earlier payout add-ons)
• Two Phase Challenge (Assessment: 10% target, 5% daily drawdown, 10% max drawdown, min 3 trading days; Qualification: 8% target, 5% daily drawdown, 10% max drawdown, min 3 trading days; Payout: 5% daily & 10% max drawdown, min 5 trading days, 14-day payout cycle; 80% profit share with optional add-ons)
• Day Trader Challenges / Payout Phase (time-boxed 1/2/4/8-hour challenge on $10,000 simulated balance; stake $5–$500; payout = stake × 2x/5x/10x; fixed-dollar drawdown and target vary by timeframe/multiplier; profit allocation rule applies; only one Day Trader challenge may be traded at a time)
More FAQs about Eightcap Challenges
- What trading strategies are allowed or restricted at Eightcap Challenges, including EAs, news trading, weekend trading, and copy trading?
- Which payment methods does Eightcap Challenges offer, and what is the refund policy?
- What should traders know about payouts at Eightcap Challenges, including minimum amount, payout schedule, and payout methods?
- What is the highest profit split percentage available at Eightcap Challenges?
- What asset classes does Eightcap Challenges support for trading?
- How much leverage is available at Eightcap Challenges for FX, indices, metals, and crypto assets?
- Which trading platforms does Eightcap Challenges offer, and which broker executes the trades?
- How are spreads, commissions, and slippage managed at Eightcap Challenges?
- Does Eightcap Challenges prohibit certain trading strategies, permit martingale systems, or impose lot size limits?
- Does Eightcap Challenges use a specific drawdown type for funded accounts?
- Does Eightcap Challenges apply any consistency or risk-based trading rules?
- Which evaluation or funding programs are available at Eightcap Challenges?
- How do the challenges work at Eightcap Challenges for traders seeking funding?
- What is the funding limit at Eightcap Challenges, and does the firm allow traders to scale their accounts?
- What is Eightcap Challenges's Trustpilot rating and total review count right now?
- How does Eightcap Challenges handle multiple accounts, account merging, and lot size limits for traders?
- What are the KYC requirements at Eightcap Challenges, and at what stage is verification completed?
- What countries are not supported by Eightcap Challenges?
Guides Where Eightcap Challenges Is Featured
- Prop Firms Offering Commodities Trading
- Prop Firms Offering Crypto Leverage of 1:2 or Higher
- Prop Firms Offering FX Leverage of 1:100 or Higher
- Prop Firms Offering Maximum Profit Split of 80% or Higher
- Prop Firms Offering Metals Leverage of 1:20 or Higher
- Prop Firms Offering More Than $200k in Funding
- Prop Firms Offering Profit Split Starting at 80% or Higher
- Prop Firms With At Least 1 Years in Operation
- Prop Firms with More Than 2500 Trustpilot Reviews
- Prop Firms With TradeLocker Platform
- Prop Firms With Trustpilot rating of 3.9 or higher
- Top Prop Firms That Accept Clients From Costa Rica
These guides include Eightcap Challenges alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Eightcap Challenges vs Hola Prime vs RebelsFunding - Prop Firm Comparison (March 2026)
Side-by-side comparison of Eightcap Challenges vs Hola Prime vs RebelsFunding. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated 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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Hola Prime
Hola Prime is a global proprietary trading firm offering Pro and Prime evaluation challenges plus a Direct (instant-funded) account, with multi-platform CFD access (MT4/MT5, cTrader, DXtrade, MatchTrader, TradeLocker), multiple payout-cycle options (including on-demand structures on eligible plans), and a milestone-based...
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RebelsFunding
RebelsFunding is a Slovakia-based no-time-limit prop firm (RIFM, s.r.o.) that offers five RF training programs (Copper, Bronze, Silver, Gold and Diamond Instant) on its proprietary RF-Trader platform (TradingView charts + liquidity-provider pricing), with swap-free CFD markets, fee-refund bonuses up to...
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| Overview | |||
| Trustpilot Rating | 4.1 | 4.5 | 4.4 |
| Trustpilot Reviews | 3,569 | 770 | 2,269 |
| Headquarters | Seychelles | Hong Kong | Slovakia |
| Age (Years) | 1 | 2 | N/A |
| Max Funding | $600,000 | $4,000,000 | $640,000 |
| Profit Split Start | 80% | 65% | 75% |
| Profit Split Max | 90% | 95% | 90% |
| Platforms | mt4 mt5 tradelocker | MT4 MT5 cTrader Match-Trader DXtrade TradeLocker | Rf-Trader |
| Assets | FX Commodities Indices Crypto US Stocks (Day Trader only) | FX Commodities Indices Crypto Futures | FX Metals Indices Commodities Stocks Crypto |
| Leverage | |||
| FX Leverage | 100 | 100 | 200 |
| Metals Leverage | 20 | 20 | 25 |
| Crypto Leverage | 3 | 2 | 2.5 |
| 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 LossHola Prime uses percentage-based daily loss limits that reset daily at 17:00 EST (server time) and are calculated from the previous day’s closing balance (with equity/balance breach checks intraday).1-Step Pro (Challenge + Hola Prime Account): 3% daily loss (previous day closing balance).2-Step Pro (Phase 1/2 + Hola Prime Account): 5% daily loss of the previous day’s closing balance (4% daily loss for $200k accounts).Direct Account (Hola Prime Account): 3% daily loss (previous day closing balance). | Maximum Daily LossDaily drawdown is program-based and calculated from the daily starting equity (platform server time, UTC+2). Gold uses a 4% daily drawdown. Silver, Bronze and Copper use a 5% daily drawdown. Diamond Instant has no daily drawdown (only a total drawdown limit).Daily drawdown includes both open and closed PnL; breaching it can switch the account into read-only mode and close trades. |
| 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 LossOverall loss models vary by program:1-Step Pro: 6% maximum overall loss based on initial balance (static overall loss limit).2-Step Pro: 8% maximum overall loss based on initial balance (static overall loss limit) across phases and on the resulting Hola Prime Account.Direct Account: 5% trailing maximum drawdown from the initial balance, tracking the account’s high watermark until specific locking conditions are met; falling below the trailing line breaches the account. | Maximum Overall LossOverall drawdown is static (relative to the initial account value) and includes both open and closed PnL. Gold and Diamond Instant use a 6% max overall drawdown. Silver, Bronze and Copper use a 10% max overall drawdown. |
| Drawdown Type | Balance-based (Daily from previous-day balance; Max fixed from initial balance) | Drawdown ModelHola Prime combines a dynamic daily loss limit (based on the previous day’s closing balance) with program-specific overall drawdown models.Pro models: Daily loss is dynamic by previous-day close; overall loss is typically a static percentage of initial balance (varies by 1-step vs 2-step).Direct Account: Uses a classic trailing drawdown mechanism (high-watermark tracking). This structure can force tighter profit protection as the trailing threshold rises with new equity highs. | Drawdown ModelRebelsFunding uses static drawdown limits: (1) a daily drawdown that resets from a daily starting-equity snapshot (where applicable), and (2) an overall drawdown measured from the initial account equity (not a trailing high-watermark model). Diamond Instant removes the daily limit and enforces only the static overall cap. |
| 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 FrequencyHola Prime offers multiple payout structures depending on the plan selected at checkout and/or the account type.Cycle-based payouts (where offered): Weekly (65% split), Bi-weekly (80% split), and Monthly (95% split). Once chosen, the payout cycle cannot be changed.Bi-weekly/monthly profitability criteria (plan-dependent): Bi-weekly cycles may require a minimum of 3 profitable trading days within a 14-day period; monthly cycles may require 7 profitable trading days within a 30-day period (a profitable day is typically defined as at least 0.5% net... | Payout FrequencyRewards are requested via the client zone. For standard RCF accounts, the first reward can be requested no earlier than 14 days after opening the first trade on the RCF account (and after closing trades and meeting the minimum-profit rule). For Diamond Instant, the RCF reward structure is tied to 10% minimum profit milestones (the account levels up after each 10% target). |
| Days to First Payout | 14 | 7 | 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. | Payout ProcessingHola Prime markets “1-hour payouts.” Payout requests are submitted through the client/dashboard flow and are typically processed rapidly once approved; actual arrival time depends on the chosen method (bank wires can take longer than crypto rails even if released quickly by the firm). | Payout ProcessingRebelsFunding does not publish a single guaranteed processing window on its public rules pages. Rewards are requested via the client zone after meeting eligibility requirements and are then paid through the chosen payout rail (primarily Riseworks). |
| Payout Methods | Crypto International Bank Transfer | Crypto Bank Wire Rise | Riseworks (USDT BTC Wise Bank Transfer) Other (case-by-case) |
| Payments | |||
| Payment Methods | Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC) | Credit/Debit Card (Visa Mastercard American Express) PayPal Apple Pay Google Pay Crypto (BTC ETH USDT USDC) Neteller Revolut Pay Stripe Bank Transfer CoinPayments AstroPay | Credit Card Bank Transfer Wise PayPal Crypto (MetaMask/Coinbase/Rainbow/WalletConnect/Trust Wallet & more) Other (as offered at checkout) |
| 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. | Pro models: News trading is allowed during challenge phases, but funded-stage (Hola Prime Account) trading can be restricted around high-impact news (e.g., no opening/closing/modifying within a defined window such as 5 minutes before/after for affected instruments).Prime models: The firm positions Prime accounts as more flexible for swing/news styles (plan-specific).Direct Account: News trading is not allowed. | News trading is not stated as fully banned, but RebelsFunding recommends avoiding major releases (NFP, GDP, FOMC) and its terms prohibit opening excessive trades when significant news/macro events are planned. |
| Weekend Trades | Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend. | Pro models: Weekend holding is allowed during challenge phases, but funded-stage Pro accounts generally require positions to be closed ahead of weekend market close (auto-closure procedures may apply).Prime models: Prime accounts are marketed as more swing-friendly and can allow weekend holding (plan-specific).Direct Account: Weekend holding is not allowed. | RebelsFunding states that cryptocurrency trading is closed during weekends on RF-Trader for maintenance and platform stability reasons. Other markets follow their normal market hours (typically weekday sessions). |
| 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 accounts personally owned by the same trader. Copying third-party trades or group trading patterns can be treated as a rule violation. Additionally, identically traded strategies across multiple funded accounts that exceed the firm’s maximum allocation thresholds can result in suspensions. | Copy trading is not presented as a supported feature. Strategies that hedge across linked accounts or other companies are prohibited, and trade splitting across correlated markets is treated as one “real trade” and may be flagged as suspicious behavior. |
| 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 algorithmic trading are permitted in principle, but traders remain responsible for ensuring their automation does not trigger prohibited trading practices, group-trading flags, or allocation-limit breaches (e.g., multiple traders using the same third-party EA settings may be denied/terminated under the firm’s allocation and strategy duplication controls). | Expert Advisors/robots are not allowed on the RF-Trader training platform; RebelsFunding states it is not possible to run any EA on its training trading platform (manual trading is preferred). |
| KYC & Restrictions | |||
| KYC Required | No | No | Yes |
| 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 is required as part of Hola Prime’s onboarding and risk workflow. Traders may be asked to upload KYC documents and sign agreements during/after passing evaluation (and prior to funded account issuance and/or payouts), with documents and contracts typically handled inside the dashboard “Agreements” flow. | KYC is mandatory before an RCF account is launched and rewards are paid. RebelsFunding uses electronic onboarding and verification (e.g., document upload/signing via Docusign/Eversign and identity verification via Veriff) and requires valid, non-expired government ID. |
| 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 Burundi China Cuba Congo Sudan North Korea Yemen | Pakistan Syria North Korea (Democratic People's Republic of Korea) Democratic Republic of the Congo Iran Iraq South Sudan Sudan Yemen |