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 (up to 90% with add-ons), alongside fast Day Trader Challenges (1–8 hours) that pay an instant stake-multiplier reward (2x/5x/10x) on a $10,000 simulated balance when targets are met within the time window.
MT4 
MT5 
TradeLocker
Program Type & Scaling
• 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)
Scaling Plan
Eightcap Challenges does not promote a traditional tiered scaling ladder. Growth is handled through holding multiple active accounts under one profile up to a hard $600,000 maximum aggregate allocation across all active accounts, rather than automatic scaling increases.
Daily Loss Limit
Maximum Daily Drawdown
Eightcap 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 Overall Loss
Maximum Drawdown
Overall 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).
Drawdown Model
Balance-based (Daily from previous-day balance; Max fixed from initial balance)
Leverage
| Forex | 100 |
| Crypto | 3 |
Broker
Eightcap International Ltd (trading as Eightcap Challenges)
Commissions
Commissions
Representative commissions are applied in USD: Crypto $0; US Stocks $2 per lot at open and close (Day Trader Challenges); and $5 per lot on other instruments, with standard swaps where applicable.
Tradable Assets
FX, Commodities, Indices, Crypto, US Stocks (Day Trader only)
News & Event 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.
Payouts & Profit Split
| Profit Split Start (%) | 80% |
| Minimum Payout Amount | $100 |
| 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 Methods | Crypto, International Bank Transfer |
| Payment Methods | Credit/Debit Card (Visa, Mastercard), Crypto (USDT TRC20, USDT ERC20, BTC) |
Evaluation & Account Rules
| Challenges | Eightcap Challenges offers three simulated trading paths:
|
Trading Permissions
| Weekend Trades | Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend. |
| 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. |
| 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. |
| Prohibited Strategies | Prohibited practices include (particularly in the Payout Stage): martingale, grid trading, tick trading, hedging between accounts, copy trading with other traders, latency arbitrage, reverse arbitrage, gap trading, and account management/third-party trading on your behalf. Social trading tools are also not permitted. |
Other Details
| Refund Policy (Code) | Refund PolicyAccess fees are generally treated as final once the account is created and the service is delivered. Eightcap Challenges states that once you start using the services, you are not entitled to a refund of any access fees. |
| 3 Percent Rule (Notes) | 3 Percent RuleEightcap Challenges does not publish a fixed 3% per-trade rule. Risk is controlled using balance-based daily drawdown limits (4%–5%), fixed maximum drawdowns (8%–10%), platform position limits (including lot caps and simultaneous-trade limits), and payout-stage distribution rules that reduce reliance on a single outsized day. |
| Consistency Rule (Notes) | Consistency Rules
|
| Indices Leverage Max | 30 |
| Metals Leverage Max | 20 |
| Days to First Payout | 14 |
| Payout Processing Time (Days) | 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. |
| Account Merge Allowed | No |
| Max Accounts per Trader | N/A |
| KYC Required | KYC/AML verification may be required before receiving payouts. The Participant Verification Policy states that prior to the first payout, Eightcap may request documentation such as government-issued photo ID, proof of address, bank statements/account confirmations, and source-of-funds/source-of-wealth evidence, and it may delay or deny payouts until verification is satisfactorily completed. The Day Trader FAQ also notes KYC is required via the dashboard if a payout exceeds $1,000. |
| 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 |
| 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 |
| Scaling Plan Availability | No |
| Other Risk Rules | Other Risk Rules
|
| Spread Quality | Eightcap Challenges advertises competitive, broker-sourced pricing inside a simulated environment on mt4, mt5 and tradelocker. Spreads are variable and can widen around illiquid sessions or volatile conditions, so traders should confirm live quotes directly in-platform. |
| Slippage Policy | Trading is conducted in a simulated live market environment and trades are representative only. As a result, pricing and execution mechanics are intended to mirror real-market conditions rather than guarantee exact fills. Corporate actions (where applicable) can also adjust open positions and account values. |
| Martingale Allowed | Martingale is prohibited (treated as a rule violation, especially during the Payout Stage). |
| Lot Size Limits | Position limits include per-instrument volume caps and simultaneous-trade caps:
|
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Frequently Asked Questions
What trading strategies are allowed or restricted at Eightcap Challenges, including EAs, news trading, weekend trading, and copy trading?
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.
Is News Trading allowed at Eightcap Challenges?
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.
Can Eightcap Challenges traders hold Weekend Trades?
Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend.
Is Copy Trading allowed at Eightcap Challenges?
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.
What are some main Prohibited Strategies at Eightcap Challenges?
Prohibited practices include (particularly in the Payout Stage): martingale, grid trading, tick trading, hedging between accounts, copy trading with other traders, latency arbitrage, reverse arbitrage, gap trading, and account management/third-party trading on your behalf. Social trading tools are also not permitted.
The complete list of permitted and restricted trading strategies, including EA policies and news trading rules, is on Eightcap Challenges official website.
Which payment methods does Eightcap Challenges offer, and what is the refund policy?
Refund Policy
Access fees are generally treated as final once the account is created and the service is delivered. Eightcap Challenges states that once you start using the services, you are not entitled to a refund of any access fees.
Accepted payment methods, refund eligibility criteria, and processing times are detailed on Eightcap Challenges official website.
What should traders know about payouts at Eightcap Challenges, including minimum amount, payout schedule, and payout methods?
Days 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.
What is the highest profit split percentage available at Eightcap Challenges?
See the complete profit split structure and scaling milestones at Eightcap Challenges official website.
What asset classes does Eightcap Challenges support for trading?
FX, Commodities, Indices, Crypto, US Stocks (Day Trader only)
Maximum leverage per market:
Forex: 100
Indices: 30
Metals:
Cryptocurrencies: 3
See all available markets, symbols, and asset specifications at Eightcap Challenges official website.
How much leverage is available at Eightcap Challenges for FX, indices, metals, and crypto assets?
Forex: 100
Indices: 30
Metals:
Cryptocurrencies: 3
Full margin requirements and leverage tiers are listed on Eightcap Challenges official website.
Which trading platforms does Eightcap Challenges offer, and which broker executes the trades?
See which platforms support which account types at Eightcap Challenges official website.
How are spreads, commissions, and slippage managed at Eightcap Challenges?
Eightcap Challenges advertises competitive, broker-sourced pricing inside a simulated environment on mt4, mt5 and tradelocker. Spreads are variable and can widen around illiquid sessions or volatile conditions, so traders should confirm live quotes directly in-platform.
Trading is conducted in a simulated live market environment and trades are representative only. As a result, pricing and execution mechanics are intended to mirror real-market conditions rather than guarantee exact fills. Corporate actions (where applicable) can also adjust open positions and account values.
Commissions
Representative commissions are applied in USD: Crypto $0; US Stocks $2 per lot at open and close (Day Trader Challenges); and $5 per lot on other instruments, with standard swaps where applicable.
Live spread data, commission schedules, and execution statistics are published on Eightcap Challenges official website.
Does Eightcap Challenges prohibit certain trading strategies, permit martingale systems, or impose lot size limits?
No
Prohibited Strategies
Prohibited practices include (particularly in the Payout Stage): martingale, grid trading, tick trading, hedging between accounts, copy trading with other traders, latency arbitrage, reverse arbitrage, gap trading, and account management/third-party trading on your behalf. Social trading tools are also not permitted.
Lot Size Limits:
Position limits include per-instrument volume caps and simultaneous-trade caps:
- Forex: up to 40 lots per trade
- Commodities: up to 10 lots per trade
- Indices: up to 20 lots per trade
- Max 10 open trades at a time for One/Two Phase challenges
- Only one Day Trader challenge may be traded at a time
The complete list of allowed and prohibited trading strategies is available on Eightcap Challenges official website.
Does Eightcap Challenges use a specific drawdown type for funded accounts?
For detailed drawdown calculations, reset rules, and worked examples, see Eightcap Challenges official website.
Does Eightcap Challenges apply any consistency or risk-based trading rules?
3 Percent Rule
Eightcap Challenges does not publish a fixed 3% per-trade rule. Risk is controlled using balance-based daily drawdown limits (4%–5%), fixed maximum drawdowns (8%–10%), platform position limits (including lot caps and simultaneous-trade limits), and payout-stage distribution rules that reduce reliance on a single outsized day.
Consistency Rules
- Minimum trading days: One Phase requires at least 5 trading days in Assessment and 7 trading days in the Payout Stage; Two Phase requires minimum trading days in each stage and 5 trading days in the Payout Stage. Trades must generally remain open for at least 60 seconds to count toward certain stage day requirements.
- Profit distribution in Payout Stage: Profits from any single calendar day can contribute to a maximum of 25% (One Phase) or 30% (Two Phase) of the payout amount.
- Day Trader profit allocation: No single asset may contribute more than 75% of the profit target; excess profit from that asset is excluded from eligibility calculations.
Other Risk Rules
- News trading restriction: Trading is restricted 10 minutes before and after high-impact news events (per FXStreet). Violations are treated as a soft breach with profits from those trades removed.
- Copy trading: Copying other traders is prohibited. Copying between your own accounts is permitted only if accounts are registered under the same email.
- Hedging & social trading: Hedging between accounts and social trading tools are not permitted.
- Prohibited strategies (especially in Payout Stage): Martingale, grid trading, tick trading, latency/reverse arbitrage, gap trading, account management, and prohibited copy trading may result in termination.
- Operational limits: Max 10 open trades at a time for One/Two Phase, plus per-instrument lot caps; 30 days of inactivity results in termination.
- Security: Access from the same IP is required; VPN/VPS use is allowed under stated guidelines (and should be disclosed before withdrawal). Accounts cannot be merged.
- US clients: US residents are restricted from purchasing mt4/mt5 challenge accounts; MetaTrader is noted as unavailable for US clients on Day Trader Challenges (TradeLocker is the supported alternative).
The full risk management rulebook including daily loss calculations and consistency requirements is on Eightcap Challenges official website.
Which evaluation or funding programs are available at Eightcap Challenges?
• 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 eligibility criteria are on Eightcap Challenges official website.
How do the challenges work at Eightcap Challenges for traders seeking funding?
Eightcap Challenges offers three simulated trading paths:
- One Phase: A single assessment stage (10% target) with balance-based drawdown limits (4% daily / 8% max). After passing, the trader enters the Payout Stage with an 80% profit share (optional 90%).
- Two Phase: A two-stage evaluation (10% then 8%) with balance-based drawdown limits (5% daily / 10% max) before progressing to the Payout Stage (80% profit share; optional add-ons).
- Day Trader Challenges: A fast, time-limited (1–8 hours) challenge starting directly in the Payout Phase on a $10,000 simulated balance where the payout is calculated as a stake-multiplier (2x/5x/10x) upon successful completion.
See the complete evaluation structure and pass rates at Eightcap Challenges official website.
What is the funding limit at Eightcap Challenges, and does the firm allow traders to scale their accounts?
Scaling plan availability: No
Eightcap Challenges does not promote a traditional tiered scaling ladder. Growth is handled through holding multiple active accounts under one profile up to a hard $600,000 maximum aggregate allocation across all active accounts, rather than automatic scaling increases.
Detailed account size options and growth plans are available at Eightcap Challenges official website.
What is Eightcap Challenges's Trustpilot rating and total review count right now?
See what traders are saying about their experience at Eightcap Challenges official website.
Does Eightcap Challenges offer 2-phase, 1-phase, or instant funding programs?
• 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.
How does Eightcap Challenges handle multiple accounts, account merging, and lot size limits for traders?
1
Is Account Merge Allowed at Eightcap Challenges?
No
What are Lot Size Limits at Eightcap Challenges?
Position limits include per-instrument volume caps and simultaneous-trade caps:
- Forex: up to 40 lots per trade
- Commodities: up to 10 lots per trade
- Indices: up to 20 lots per trade
- Max 10 open trades at a time for One/Two Phase challenges
- Only one Day Trader challenge may be traded at a time
For the latest account limits, merging rules, and scaling options, see Eightcap Challenges official website.
What are the KYC requirements at Eightcap Challenges, and at what stage is verification completed?
No
At what stage traders must go through identity verification at Eightcap Challenges?
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
Full details on the identity verification process and required documents are available on Eightcap Challenges official website.
What countries are not supported by Eightcap Challenges?
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
For the most current list of accepted and restricted countries, check Eightcap Challenges official website as eligibility can change based on regulatory updates.
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