How does Eightcap Challenges handle trader withdrawals in terms of payout limits, timing, and payment options?
💡 Answer
Minimum Payout Amount: $100Days to First Payout: 14:
Payout Processing Time (Days):
Payout Processing
Payout 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 Frequency:
Payout Frequency
One 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 Methods:Crypto, International Bank Transfer
More information on withdrawal minimums, processing duration, and payout schedules is 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?
- How do payments and refunds work at Eightcap Challenges?
- 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?
- What are the supported trading platforms at Eightcap Challenges, and who is the broker behind them?
- What are the spread, commission, and slippage conditions for traders at Eightcap Challenges?
- What trading practices are restricted at Eightcap Challenges, including rules on martingale and lot size limits?
- What drawdown structure does Eightcap Challenges follow for traders?
- 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?
- Does Eightcap Challenges offer 2-phase, 1-phase, or instant funding programs?
- What should traders know about account limits at Eightcap Challenges, such as max accounts, merging rules, and lot size limits?
- Does Eightcap Challenges enforce identity verification, and when is KYC performed?
- Are traders from all countries allowed at Eightcap Challenges, or are there restrictions?
Guides Where Eightcap Challenges Is Featured
- Prop Firms Offering Crypto Leverage of 1:1 or Higher
- Prop Firms Offering Crypto Trading
- Prop Firms Offering FX Leverage of 1:100 or Higher
- Prop Firms Offering Maximum Profit Split of 90% or Higher
- Prop Firms Offering Metals Leverage of 1:10 or Higher
- Prop Firms Offering More Than $100k in Funding
- Prop Firms Offering Profit Split Starting at 60% or Higher
- Prop Firms With At Least 1 Years in Operation
- Prop Firms with More Than 3000 Trustpilot Reviews
- Prop Firms With MT5 Platform
- Prop Firms With Trustpilot rating of 3.2 or higher
- Top Prop Firms That Accept Clients From Cook Islands
These guides include Eightcap Challenges alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Eightcap Challenges vs BrightFunded - Prop Firm Comparison (April 2026)
Head-to-head comparison of Eightcap Challenges and BrightFunded. 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 April 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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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...
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|---|---|---|
| Overview | ||
| Trustpilot Rating | 4.1 | 0 |
| Trustpilot Reviews | 3,663 | 0 |
| Headquarters | Seychelles | United Arab Emirates |
| Age (Years) | 1 | N/A |
| Max Funding | $600,000 | $400,000 |
| Profit Split Start | 80% | 80% |
| Profit Split Max | 90% | 100% |
| Platforms | mt4 mt5 tradelocker | MT5 cTrader DXtrade |
| Assets | FX Commodities Indices Crypto US Stocks (Day Trader only) | FX Commodities Indices Crypto |
| Leverage | ||
| FX Leverage | 100 | 100 |
| Metals Leverage | 20 | 40 |
| Crypto Leverage | 3 | 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. | 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). | 10 |
| Drawdown Type | Balance-based (Daily from previous-day balance; Max fixed from initial balance) | 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 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 | 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 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 | Crypto (USDC – ERC-20) Bank Transfer |
| Payments | ||
| Payment Methods | Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC) | 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 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. | 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 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 (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 |
| 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 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 | Cuba Iran North Korea Syria Vietnam |
Eightcap Challenges
BrightFunded