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)
Detailed program specifications and current pricing are listed on Eightcap Challenges official website.
More FAQs about Eightcap Challenges
- Can traders use EAs, trade news, hold weekend positions, or copy trades at Eightcap Challenges, and what strategies are prohibited?
- What payment methods can be used at Eightcap Challenges, and are purchases refundable?
- What are the withdrawal conditions at Eightcap Challenges, including minimum payout and processing time?
- How is profit shared between the trader and Eightcap Challenges at the maximum level?
- What instruments and markets can traders access at Eightcap Challenges?
- How much leverage is available at Eightcap Challenges for FX, indices, metals, and crypto assets?
- Does Eightcap Challenges offer multiple trading platforms, and which broker are they connected to?
- How does the trading environment at Eightcap Challenges compare in terms of spreads, commissions, and slippage policy?
- What are the trading restrictions at Eightcap Challenges, such as prohibited strategies, martingale usage, and lot size limits?
- How does the drawdown system work at Eightcap Challenges?
- What are the main risk control rules enforced by Eightcap Challenges during evaluations?
- What types of trading programs can traders choose from at Eightcap Challenges?
- What type of trading challenges does Eightcap Challenges require before 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?
- Does Eightcap Challenges allow multiple accounts, account merging, and are there any lot size restrictions?
- Is identity verification mandatory at Eightcap Challenges, and at which stage does KYC occur?
- Which regions or countries are restricted 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 TradeLocker Platform
- Top Prop Firms That Accept Clients From Angola
These guides include Eightcap Challenges alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Eightcap Challenges vs RebelsFunding vs BrightFunded - Prop Firm Comparison (September 2026)
Side-by-side comparison of Eightcap Challenges vs RebelsFunding vs BrightFunded. 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 September 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...
|
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...
|
BrightFunded
BrightFunded (Bright Global FZCO) is a Dubai-based prop firm offering an unlimited-time, 2-phase evaluation (8% then 5% targets) with 5% daily and 10% max loss limits, trading on cTrader, DXtrade and MT5 with up to 1:100 FX leverage, and Funded...
|
|
|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 0 | 4.3 | 0 |
| Trustpilot Reviews | 0 | 2,752 | 0 |
| Headquarters | Seychelles | Slovakia | United Arab Emirates |
| Age (Years) | 1 | N/A | N/A |
| Max Funding | $600,000 | $640,000 | $400,000 |
| Profit Split Start | 80% | 75% | 80% |
| Profit Split Max | 90% | 90% | 100% |
| Platforms | mt4 mt5 tradelocker | Rf-Trader | MT5 cTrader DXtrade |
| Assets | FX Commodities Indices Crypto US Stocks (Day Trader only) | FX Metals Indices Commodities Stocks Crypto | FX Commodities Indices Crypto |
| Leverage | |||
| FX Leverage | 100 | 200 | 100 |
| Metals Leverage | 20 | 25 | 40 |
| Crypto Leverage | 3 | 2.5 | 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 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. | 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). | 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. | 10 |
| Drawdown Type | Balance-based (Daily from previous-day balance; Max fixed from initial balance) | 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. | Drawdown ModelBrightFunded’s drawdown approach uses an end-of-day (EOD) high-watermark logic for daily risk: the daily permitted loss is always 5% of the challenge size, and the next day’s breach level is set using the highest balance or equity recorded at the end of the prior day. The daily loss resets during the rollover window (roughly 23:30–23:59 CET).Across the evaluation phases, the account must also respect a 10% maximum loss limit; breaching either the daily or max-loss thresholds invalidates the account. |
| 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 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). | Payout FrequencyOn Funded Star accounts, BrightFunded allows the first reward split request 30 days after the first trade. After the first payout, reward splits can be requested bi-weekly (every 14 days). Optional add-ons at checkout can enable weekly payouts (every 7 days) and/or an instant 90% profit split upgrade. |
| Days to First Payout | 14 | 14 | 30 |
| 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 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 ProcessingBrightFunded states that payouts are typically processed by the finance team within about 1 day after a request is submitted, with final receipt time depending on the payment rail and compliance checks. |
| Payout Methods | Crypto International Bank Transfer | Riseworks (USDT BTC Wise Bank Transfer) Other (case-by-case) | Crypto (USDC – ERC-20) Bank Transfer |
| Payments | |||
| Payment Methods | Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC) | Credit Card Bank Transfer Wise PayPal Crypto (MetaMask/Coinbase/Rainbow/WalletConnect/Trust Wallet & more) Other (as offered at checkout) | Credit/Debit Card Crypto |
| 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 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. | News trading is permitted, but traders remain responsible for respecting all drawdown rules; spreads and slippage can widen materially during high-impact releases. Tick-scalping and any attempts to exploit pricing/data-feed errors are prohibited. |
| Weekend Trades | Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend. | 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). | BrightFunded allows holding positions over the weekend. Traders should account for gap risk and liquidity changes at the weekly reopen; a swap-free add-on can remove swap fees for overnight/weekend holds when purchased. |
| 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 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. | Copy trading is allowed only between accounts owned by the same person (BrightFunded accounts, other evaluation firms, or personal brokerage accounts). Copying between different individuals, signal-group trading, or account management services are prohibited and can lead to profit deductions, resets, or closure. |
| 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/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). | Expert Advisors (EAs) are allowed, provided all activity remains compliant with BrightFunded’s daily/maximum loss rules and non-authorized-practices policies. |
| KYC & Restrictions | |||
| KYC Required | No | Yes | 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 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. | KYC is required to activate a Funded Star account after passing Phase 2, and BrightFunded uses SumSub for identity verification (typically government-issued ID plus proof of address). Activation also includes a security check by the risk team before the trader contract is issued. |
| 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 | Pakistan Syria North Korea (Democratic People's Republic of Korea) Democratic Republic of the Congo Iran Iraq South Sudan Sudan Yemen | Cuba Iran North Korea Syria Vietnam |
Eightcap Challenges
RebelsFunding
BrightFunded