Eightcap Challenges Review
VerifiedEst. 2009 · SC · Established brokerage with global presence since 2009
MT4 
MT5 
TradeLocker 
TradingView Broker-OperatedThree Challenge TypesMT4/MT5/TradeLocker/TradingViewDay Trader Our Final Verdict On Eightcap Challenges
Eightcap Challenges earns a solid overall score of 93/100. The challenge website is operated by Eightcap International Ltd in Seychelles, and while the environment is designed to mirror live conditions, all activities are simulated and do not create a brokerage client relationship.
Challenge Types
1-step, 2-step, other
Trading Platforms
MT4, MT5, TradeLocker Profit Split
80%
Challenge Fees
Starting from $5
Excellent
Based on 93/100 BPF Score
Challenges
Spreads
Markets
Payouts
Platforms
Trust
Pros
- RAW spreads from 0.0 pips with asset-specific commission ($5/lot, $2/lot Day Trader US Stocks, $0 crypto)
- MT4, MT5, TradeLocker and TradingView platform access
- Unique Day Trader challenge format (1, 2, 4 or 8-hour sessions) with $5 - $500 stakes
- Three distinct challenge types and four funded-account add-ons (Earlier Payout, 3-Day Payout, 90% Split, Insurance)
- Structured scaling plan up to $1M with $600K active allocation cap
- Account sizes from $5,000 to $200,000 on One Phase and Two Phase
- 24-48 hour payout processing after approval
Cons
- One Phase profit cap of 5% on all payouts
- Two Phase profit cap of 10% on all payouts
- News trading restricted around high-impact events (10 min One/Two Phase; 5 min Day Trader)
- Higher fees on larger account sizes
- 14-day wait before first payout on standard challenges (7 with add-on)
- U.S. residents restricted from MT4 and MT5
Best For
Serious forex traders who want broker-level infrastructure, consistent pricing with multiple challenge formats including unique short-session Day Trader challenges, and traders who want short-session US Stocks access
Not Ideal For
Traders wanting unlimited profit withdrawal on standard challenges from day one, those needing instant payouts on standard accounts, or U.S. residents who want MT4/MT5 access
Our Take on Eightcap Challenges
With an overall score of 93/100, Eightcap Challenges is one of the highest-scoring prop firms we've reviewed. The challenge website is operated by Eightcap International Ltd in Seychelles, and while the environment is designed to mirror live conditions, all activities are simulated and do not create a brokerage client relationship.
The Day Trader, One Phase and Two Phase challenges cover both structured multi-day evaluations and fast timed sessions. RAW account spreads start from 0.0 pips or points, with asset-specific commission: $5 per lot on most instruments at opening, $2 per lot on US Stocks at open and close (Day Trader only), and $0 on Cryptocurrency. Both One Phase and Two Phase challenges range from $5,000 to $200,000. Standard profit split is 80% with up to 90% via the paid add-on. Day Trader payout is simply Stake x Multiplier on a successful session. We think this will suit serious forex traders who want a trading environment that feels familiar and efficient, plus traders looking for short-session US Stocks access.
Key Facts
| Evaluation Types | 1-step, 2-step, other |
| Max Payout Split | 80% |
| Payout Schedule | 14-day cycle (One Phase / Two Phase); Day Trader pays on session success |
| First Payout | After 14 days |
| Payout Processing | 24-48 hours after approval |
| Platforms | MT4, MT5, TradeLocker, TradingView |
| News Trading | Not Allowed |
| Weekend Holding | Allowed |
| Expert Advisors (EAs) | Allowed |
 Trustpilot | 4.1/5 (3,700 reviews) |
Consistency Rule
Day Trader profit allocation: 40% Symbol Limit and 60% Asset Class Limit. One Phase profit cap: 5% of initial balance on all payouts. Two Phase profit cap: 10% of initial balance on all payouts (accounts before Feb 11 exempt). Payout-phase daily profit distribution: One Phase 30%, Two Phase 35% (older accounts: One Phase 25%, Two Phase 30%).
Current Offers
20% Off All Challenge Fees
Use code at checkout for 20% discount on any Eightcap Challenges challenge.
Location Availability
Challenge Accounts
Eightcap Challenges gives you three evaluation types to choose from: the Day Trader, One Phase and Two Phase challenges. Each operates within a simulated environment rather than a live market.
One Phase and Two Phase challenges both run from $5,000 to $200,000, with fees starting from $59 for the Two Phase and $69 for the One Phase. The fast-paced Day Trader challenges run on a fixed $10,000 balance with entry stakes from $5 to $500 in $5 increments.
One Phase Challenge
Account sizes from $5,000 to $200,000 with a single 10% profit target, 4% daily and 8% total drawdown. Minimum 5 trading days.
Add-on options: Earlier Payout (7 days), 3-Day Payout, 90% Profit Split, Insurance
Two Phase Challenge
Account sizes from $5,000 to $200,000. For accounts created on or after 23.02.26: 9% Assessment (Phase 1) and 5% Qualification (Phase 2) targets, 5% daily and 10% total drawdown. Minimum 3 trading days per step.
Add-on options: Earlier Payout (7 days), 3-Day Payout, 90% Profit Split, Insurance
Day Trader Challenge (1-8 Hours)
Fixed $10,000 simulated balance with stakes from $5 to $500 in $5 increments. Choose a 1, 2, 4 or 8-hour session and a 2x, 5x or 10x payout multiplier. Total payout is always Stake x Multiplier.
Profit allocation enforced: 40% Symbol Limit, 60% Asset Class Limit
Challenge Comparison
| Feature | One Phase | Two Phase | Day Trader |
|---|---|---|---|
| Account Size | $5K - $200K | $5K - $200K | $10K fixed |
| Entry Fee | From $69 | From $59 | $5 - $500 |
| Minimum Trading Days | 5 days | 3 days per step | N/A |
| Duration | No time limit, 30-day inactivity rule | No time limit, 30-day inactivity rule | 1, 2, 4 or 8-hour sessions |
| Profit Target | 10% | Step 1: 9% / Step 2: 5% | Varies by time limit & multiplier |
| Maximum Daily Loss | 4% | 5% | N/A |
| Maximum Total Loss | 8% | 10% | Fixed dollar limit |
| Max Leverage | 1:100 | 1:100 | 1:30 (Forex) |
| Profit Share / Payout | 80% / up to 90% add-on | 80% / up to 90% add-on | Stake x Multiplier |
| Add-Ons | Earlier Payout, 3-Day Payout, 90% Split, Insurance | Earlier Payout, 3-Day Payout, 90% Split, Insurance | None |
| Free EA Eligibility | $50K / $100K / $200K MT5 only | $50K / $100K / $200K MT5 only | No |
| Scaling | Yes | Yes | No |
1 One Phase Challenge
The One Phase Challenge is the most direct evaluation because you only work through a single phase before entering the payout stage, and the rules stay fixed from the moment your account is created.
You choose an account size from $5,000 to $200,000, pay the one-off fee, and trade until you reach the 10% target or breach either the 4% daily or 8% total drawdown. The minimum of five trading days stops you from passing in a single move, but otherwise the pacing is flexible.
The daily drawdown is balance-based and calculated from the previous day's balance snapshot. If the limit is exceeded on equity, the account breaches. The standard profit split is 80%, with 90% available only through the paid profit split add-on.
Profit Target
10%
Max Daily Loss
4%
Max Total Loss
8%
Min Trading Days
5
Max Leverage
1:100
Profit Split
80% (90% add-on)
Best Suited For
Traders who prefer a simple, single-phase evaluation with static drawdown rules and no time pressure beyond the minimum 5 trading days.
| Account Size | Fee | Max Daily Loss (4%) | Max Total Loss (8%) | Profit Target (10%) |
|---|---|---|---|---|
| $5,000 | $69 | $200 | $400 | $500 |
| $10,000 | $119 | $400 | $800 | $1,000 |
| $25,000 | $259 | $1,000 | $2,000 | $2,500 |
| $50,000 | $429 | $2,000 | $4,000 | $5,000 |
| $100,000 | $659 | $4,000 | $8,000 | $10,000 |
| $200,000 | $1,299 | $8,000 | $16,000 | $20,000 |
2 Two Phase Challenge
The Two Phase Challenge offers more breathing room through wider limits, and many traders prefer it because the structure feels smoother across different market conditions.
You choose from $5,000 to $200,000. For accounts created on or after 23.02.26, the evaluation runs a 9% Assessment (Phase 1) target and a 5% Qualification (Phase 2) target, which is easier to manage than trying to hit a single large target at once.
The 5% daily and 10% overall drawdowns allow for steadier trade management, and each phase requires at least three trading days before you can move forward. The standard profit split is 80%, with 90% available only through the paid add-on.
Phase 1 Target
9%
Phase 2 Target
5%
Max Daily Loss
5%
Max Total Loss
10%
Min Trading Days
3 per phase
Max Leverage
1:100
Profit Split
80% (90% add-on)
Best Suited For
Traders who prefer a structured two-phase evaluation with wider drawdown limits and a lower second-phase target, ideal for steady and consistent trading approaches.
| Account Size | Fee | Max Daily Loss (5%) | Max Total Loss (10%) | Assessment Target (9%) | Qualification Target (5%) |
|---|---|---|---|---|---|
| $5,000 | $59 | $250 | $500 | $450 | $250 |
| $10,000 | $99 | $500 | $1,000 | $900 | $500 |
| $25,000 | $219 | $1,250 | $2,500 | $2,250 | $1,250 |
| $50,000 | $389 | $2,500 | $5,000 | $4,500 | $2,500 |
| $100,000 | $599 | $5,000 | $10,000 | $9,000 | $5,000 |
| $200,000 | $1,199 | $10,000 | $20,000 | $18,000 | $10,000 |
3 Day Trader Challenge (1-8 Hours)
The Day Trader Challenge is completely different because it compresses the entire evaluation into a timed session, which creates a faster and more tactical experience.
Every challenge begins with a fixed $10,000 simulated balance, and you choose a stake between $5 and $500 in $5 increments along with a multiplier that sets your target and drawdown. Once the session starts, you work inside a 1, 2, 4 or 8-hour window and try to reach your target before either the timer or your drawdown runs out.
You can only run one Day Trader challenge at a time, and the model enforces a 40% Symbol Limit and 60% Asset Class Limit on profit allocation so the challenge cannot be passed through a single concentrated entry. Day Trader can be traded on MT4, MT5, or TradeLocker (TradingView is not available for Day Trader).
| Feature | Challenge Details |
|---|---|
| Starting Balance | $10,000 (applied to all accounts) |
| Time Limits | 1 Hour, 2 Hours, 4 Hours, 8 Hours |
| Multiplier (Payout) | 2x, 5x, 10x |
| Stake / Entry Fee | $5 to $500 in $5 increments |
| Profit Allocation Limits | 40% Symbol Limit and 60% Asset Class Limit |
| Total Payout (Earn) | Always exactly Stake x Multiplier |
DT-1 (1HR Challenge) - Drawdown, Target & PayoutClick to expandClick to collapse
| Stake / Fee | Multiplier | Drawdown | Profit Target | Profit Payout |
|---|---|---|---|---|
| $10 (Micro) | 2x | $28 | $56 | $20 |
| $10 (Micro) | 5x | $20 | $69 | $50 |
| $10 (Micro) | 10x | $17 | $99 | $100 |
| $100 (Standard) | 2x | $28 | $56 | $200 |
| $100 (Standard) | 5x | $20 | $69 | $500 |
| $100 (Standard) | 10x | $17 | $99 | $1,000 |
| $500 (Max) | 2x | $28 | $56 | $1,000 |
| $500 (Max) | 5x | $20 | $69 | $2,500 |
| $500 (Max) | 10x | $17 | $99 | $5,000 |
DT-2 (2HR Challenge) - Drawdown, Target & PayoutClick to expandClick to collapse
| Stake / Fee | Multiplier | Drawdown | Profit Target | Profit Payout |
|---|---|---|---|---|
| $10 (Micro) | 2x | $32 | $65 | $20 |
| $10 (Micro) | 5x | $23 | $79 | $50 |
| $10 (Micro) | 10x | $19 | $139 | $100 |
| $100 (Standard) | 2x | $32 | $65 | $200 |
| $100 (Standard) | 5x | $23 | $79 | $500 |
| $100 (Standard) | 10x | $19 | $139 | $1,000 |
| $500 (Max) | 2x | $32 | $65 | $1,000 |
| $500 (Max) | 5x | $23 | $79 | $2,500 |
| $500 (Max) | 10x | $19 | $139 | $5,000 |
DT-4 (4HR Challenge) - Drawdown, Target & PayoutClick to expandClick to collapse
| Stake / Fee | Multiplier | Drawdown | Profit Target | Profit Payout |
|---|---|---|---|---|
| $10 (Micro) | 2x | $51 | $79 | $20 |
| $10 (Micro) | 5x | $36 | $102 | $50 |
| $10 (Micro) | 10x | $31 | $189 | $100 |
| $100 (Standard) | 2x | $51 | $79 | $200 |
| $100 (Standard) | 5x | $36 | $102 | $500 |
| $100 (Standard) | 10x | $31 | $189 | $1,000 |
| $500 (Max) | 2x | $51 | $79 | $1,000 |
| $500 (Max) | 5x | $36 | $102 | $2,500 |
| $500 (Max) | 10x | $31 | $189 | $5,000 |
DT-8 (8HR Challenge) - Drawdown, Target & PayoutClick to expandClick to collapse
| Stake / Fee | Multiplier | Drawdown | Profit Target | Profit Payout |
|---|---|---|---|---|
| $10 (Micro) | 2x | $67 | $99 | $20 |
| $10 (Micro) | 5x | $47 | $133 | $50 |
| $10 (Micro) | 10x | $40 | $239 | $100 |
| $100 (Standard) | 2x | $67 | $99 | $200 |
| $100 (Standard) | 5x | $47 | $133 | $500 |
| $100 (Standard) | 10x | $40 | $239 | $1,000 |
| $500 (Max) | 2x | $67 | $99 | $1,000 |
| $500 (Max) | 5x | $47 | $133 | $2,500 |
| $500 (Max) | 10x | $40 | $239 | $5,000 |
How to Calculate Your Exact Eightcap Day Trader Targets
- The Initial Stake can be any amount between $5 and $500, in $5 increments.
- Total Earned is always calculated as your Stake x Multiplier (2x, 5x or 10x).
- The Drawdown & Target Ratio: your profit target and maximum drawdown are fixed dollar amounts tied to the static $10,000 challenge balance, and they change based on your selected time limit and multiplier. As you select a higher multiplier (e.g., 2x to 10x), Eightcap tightens your allowable drawdown and increases the required profit target. Conversely, giving yourself a longer time limit (e.g., 1HR to 8HR) loosens your allowable drawdown and increases the profit target.
For example, a 1HR 10x challenge has a strictly fixed maximum drawdown of $17 and a profit target of $99, regardless of your initial stake size; only the total payout (Stake x 10) scales.
Add-Ons (One Phase & Two Phase Only)
Eightcap Challenges offers four optional add-ons for the funded account stage on One Phase and Two Phase challenges. These do not apply to the Day Trader challenge, since that model pays directly from the multiplier on a successful session. The standard profit split is 80% - the 90% split is only available with the paid add-on.
| Add-On | Fee | One Phase | Two Phase | Day Trader |
|---|---|---|---|---|
| Earlier Payout (7 days) | +25% | ✔ | ✔ | ✘ |
| 3-Day Payout | +50% | ✔ | ✔ | ✘ |
| Profit Split 90% | +25% | ✔ | ✔ | ✘ |
| Insurance | +50% | ✔ | ✔ | ✘ |
Scaling Plan
Eightcap Challenges runs a structured scaling plan on the One Phase and Two Phase challenges, with growth tied to consistent profitability rather than headline targets alone.
Scaling Criteria
- Minimum 15% in payouts within a 4-month period
- At least 2 months of profitability
- Positive account balance at the time of scale-up request
- Existing account balance can increase by 25%
- Scaling can continue up to $1 million
- Scaling approval is subject to internal risk assessment and is not guaranteed
Maximum Allocation vs Scaling
Keep these two figures separate. The active account allocation cap across all funded accounts is $600,000. Scaling can grow an individual account up to $1 million if the criteria are met and the request is approved.
The Day Trader challenge does not include any scaling or allocation increases because each session stands alone.
Trading Rules
Eightcap Challenges' trading rules are clear once you understand how each model is structured, and most of the restrictions are in place to keep the challenges fair and consistent across all accounts.
Automated Trading
EAs and indicators are allowed, but prohibited strategies include martingale, hedging across accounts, grid trading, tick trading, copy trading with other traders, latency arbitrage, reverse arbitrage, gap trading, and account management. Violations in payout stage may lead to termination.
News Restrictions
News restrictions are model-specific:
- One Phase / Two Phase: trading restricted 10 minutes before and after high-impact news events.
- Day Trader: trading restricted 5 minutes before and after high-impact news events.
For One Phase / Two Phase a news breach is a soft breach - profits from those trades are removed while the account remains active.
Copy Trading
Copy trading from other traders is prohibited. Copy trading between your own accounts is allowed if all accounts are registered under the same email address. Severe breaches can lead to account termination, while other breaches may lead to profit removal.
Weekend & Swing Trading
Weekend trading and swing trading are allowed. The platform supports 24/7 trading.
Position Limits
Per-trade limits: max 10 simultaneous trades on One Phase / Two Phase. Max volume per trade: Forex 40 lots, Commodities 10 lots, Indices 20 lots.
Per-symbol exposure limits: Forex 100 lots, Metals 50 lots (Silver 10 lots), Oil 50 lots, Indices 25 lots, Stocks 50 lots, BTCUSD 5 lots.
Drawdown Rules
Daily drawdown is balance-based and calculated from the previous day's balance snapshot. If the limit is exceeded on equity, the account breaches. The floating drawdown is monitored from highest equity to current equity including open trades.
Breach Handling
When an account is breached, the platform is automatically restricted and new positions cannot be opened.
Inactivity Rule
Accounts are terminated after 30 consecutive days with no trades.
VPN / VPS & Identity
VPN and VPS use is allowed if traders follow the guidelines: use a paid VPN, keep country settings consistent, and avoid shared or group VPS setups. Multiple profiles / emails and duplicate-user behaviour are prohibited.
How We Tested Eightcap Challenges' Challenges (9/10)
We scored Eightcap Challenges' challenges by mapping their trading rules against our framework for targets, drawdown, costs and flexibility, then running test accounts in the Two Phase challenge. We checked that the 9% and 5% post-23.02.26 Two Phase targets, the 10% One Phase target, the 4-5% daily drawdown and the 8-10% max loss all sat inside our preferred bands. The extra point came from the short-session Day Trader challenge, the four-add-on stack on standard models, and the structured scaling path. Higher fees on larger accounts kept the score at 9/10.
Commission Fees & Pricing
Eightcap Challenges runs RAW account pricing across all challenge accounts, with spreads starting from 0.0 pips or points. Commission is asset-specific: $5 per lot on most instruments at opening, $2 per lot at open and close for US Stocks (Day Trader only), and $0 for Cryptocurrency.
Live spreads can be viewed directly in platform. The pricing is designed to mirror live conditions within the simulated challenge environment.
Commission Structure
| Asset Class | Spread | Commission |
|---|---|---|
| Forex | RAW from 0.0 pips | $5 per lot at opening |
| Indices | RAW from 0.0 points | $5 per lot at opening |
| Commodities | RAW from 0.0 points | $5 per lot at opening |
| US Stocks (Day Trader only) | RAW | $2 per lot at open and close |
| Cryptocurrency | Variable | $0 (No commission) |
How We Tested Eightcap Challenges' Spreads & Fees (9/10)
We evaluated Eightcap Challenges' spreads by connecting a test account during active London and New York sessions. The RAW account spreads start from 0.0 pips or points, the $5 per lot commission on most instruments and the $2 per lot Day Trader US Stocks commission align with the asset-specific model we use in scoring. Crypto at $0 commission is a strong point. The 1-point deduction reflects the fact that some competitors offer lower round-turn commissions, which is our ideal benchmark for perfect scoring.
Financial Markets & Leverage
You can trade forex, indices, commodities, and cryptocurrency across all challenges. US Stocks are available for the Day Trader challenge. Leverage depends on the model you choose.
The One Phase and Two Phase accounts use the highest leverage, with forex capped at 1:100. Day Trader applies tighter caps across every asset class, reflecting the short-session, fixed-balance format.
Forex
Majors, minors, exotics
Indices
US30, NAS100, SPX500, UK100, GER40
Commodities
Metals & energies
Crypto
Cryptocurrency CFDs
US Stocks
Day Trader only
Leverage by Challenge Type
| Asset Class | One Phase | Two Phase | Day Trader |
|---|---|---|---|
| Forex | 1:100 | 1:100 | 1:30 |
| Indices | 1:30 | 1:30 | 1:10 |
| Commodities | 1:20 | 1:20 | 1:10 |
| Crypto | 1:3 | 1:3 | 1:2 |
| US Stocks | N/A | N/A | 1:5 |
US Stocks - Day Trader Only
US Stocks are available for the Day Trader challenge with 1:5 leverage. They are not currently available on One Phase or Two Phase challenges. Day Trader US Stocks carry a $2 per lot commission charged at both open and close.
How We Tested Eightcap Challenges' Markets & Leverage (8.5/10)
We tested Eightcap Challenges' market depth by trading across asset classes on a Two Phase challenge account and a Day Trader session, comparing instrument availability to our broad market requirement. Eightcap Challenges covers forex, indices, commodities, crypto, and US Stocks (Day Trader), which is a strong asset mix. We deducted points because US Stocks are limited to Day Trader and there is no futures trading.
Trading Platforms
Eightcap Challenges runs on MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradeLocker and TradingView. MT4, MT5 and TradeLocker are available across all challenge types. TradingView is available on One Phase and Two Phase only - not on the Day Trader challenge.
| Platform | One Phase | Two Phase | Day Trader | Timeframes | Indicators | Symbols | Free EA Eligibility | U.S. Traders |
|---|---|---|---|---|---|---|---|---|
| MT4 | ✔ | ✔ | ✔ | 9 | 30 | 200+ | ✘ | ✘ |
| MT5 | ✔ | ✔ | ✔ | 21 | 38 | 200+ | Free OneClick Trader EA on $50K/$100K/$200K One Phase / Two Phase MT5 accounts (1 month) | ✘ |
| TradeLocker | ✔ | ✔ | ✔ | 17 | 100+ | 200+ | ✘ | ✔ |
| TradingView | ✔ | ✔ | ✘ | 18 + custom | 400+ | 200+ | ✘ | ✔ |
MetaTrader 4
Available for all challenge types
Supports the full set of Expert Advisors (EAs), custom indicators and MQL4 scripts. A strong fit if your strategy relies on automation, backtesting or rule-based execution.
MetaTrader 5
Available for all challenge types
Offers a more modern layout, faster charting, and supports automated trading through MQL5 Expert Advisors and scripts. Extra timeframes, depth-of-market window and broader indicator list.
TradeLocker
Available for all challenge types
The interface is lightweight and responsive, particularly suitable for time-boxed Day Trader sessions.
TradingView
One Phase and Two Phase only - not available on Day Trader
Native TradingView execution with 18 standard timeframes plus custom intervals and a 400+ indicator library. Best paired with discretionary trading on multi-timeframe setups.
U.S. Resident Restriction
U.S. residents are restricted from purchasing challenges on MT4 and MT5. TradeLocker and TradingView remain available to U.S. traders, subject to other eligibility rules.
Free OneClick Trader EA
A free OneClick Trader EA is included on $50K, $100K, and $200K One Phase or Two Phase MT5 accounts, free for one month. Day Trader and TradeLocker / TradingView accounts are not eligible.
Platform Switching
Switching platforms is supported on standard challenges but not during an active Day Trader session, so you need to choose your platform beforehand.
How We Tested Eightcap Challenges' Trading Platforms (9/10)
We scored Eightcap Challenges' platforms by running both automated and manual trades on MT5 during a Two Phase challenge, a timed Day Trader session on TradeLocker, and a discretionary One Phase setup on TradingView. MT4/MT5 deliver full EA and MQL automation, TradeLocker handles clean manual execution, and TradingView adds 400+ indicators and custom timeframes for One Phase / Two Phase. The deduction reflects TradingView's exclusion from Day Trader sessions and the U.S. resident restriction on MT4/MT5.
Payments & Profit Payout
Eightcap Challenges processes profit payouts once you qualify, with eligibility to request a payout starting after 14 days in payout stage (or 7 days with the Earlier Payout add-on) for One Phase and Two Phase accounts, subject to minimum trading day requirements.
The standard profit split is 80%, upgradeable to 90% with the paid add-on on One Phase and Two Phase challenges only.
Base Profit Split
80%
With Add-On
90%
First Payout After
14 days (7 w/ add-on)
Processing Time
24-48 hours after approval
Profit Caps
One Phase Profit Cap
5% of the initial balance - applies to all approved payouts.
Two Phase Profit Cap
10% of the initial balance - applies to all approved payouts. Accounts created before February 11 are not subject to a profit cap for the Two Phase challenge.
Day Trader
No traditional profit cap - the model uses a 40% Symbol Limit and 60% Asset Class Limit on profit allocation instead.
Payout Stage Requirements
Minimum Trading Days
One Phase payout stage requires 7 minimum trading days. Two Phase payout stage requires 5 minimum trading days. A trade must remain open at least 60 seconds to count as a trading day.
Daily Profit Distribution
Payout-phase daily profit distribution rules apply. For accounts created on or after Feb 11: One Phase 30%, Two Phase 35%. For older accounts: One Phase 25%, Two Phase 30%.
One Phase & Two Phase Payouts
Payouts can be requested once payout-stage requirements are met and KYC verification is completed if required. The minimum payout amount is $100 after the profit split. If the post-split amount is under $100, the payout request is declined and the amount remains in the account.
Payouts are typically processed within 24-48 hours after approval and only on business days. Only fully earned profit can be withdrawn - partial payouts are not supported.
Trading is paused while a payout request is under review, and resumes once the payout is finalised.
Day Trader Payouts
Day Trader payouts are calculated as Stake x Multiplier on a successful session, and processing follows the standard 24-48 hour window after approval. Eligibility starts immediately after a successful session with no 14-day wait.
Day Trader payouts can be lower than $100 when paid via crypto, since the minimum $100 floor applies to One Phase and Two Phase only.
Payment Methods & Fees
Bank Transfer
Available for withdrawals of $100+. Flat $50 fee per bank wire withdrawal.
Cryptocurrency
USDT (TRC20 or ERC20) and BTC supported. 1% fee on crypto withdrawals. Day Trader supports sub-$100 crypto payouts; One Phase / Two Phase keep a $100 minimum.
Important Payout Notes
Payouts are processed on business days only - weekend and holiday requests roll to the next business day. Only fully earned profit can be withdrawn; partial payouts are not supported. Trading is paused while a payout request is under review.
How We Tested Eightcap Challenges' Payout System (9/10)
We tested payouts by completing a Two Phase challenge and submitting a withdrawal request. We verified the 14-day first-payout rule, the $100 minimum on standard challenges, the KYC verification step, and the 24-48 hour processing window after approval. Eightcap Challenges sits at 9/10 because of the profit caps (5% One Phase, 10% Two Phase), payout fees (1% crypto, $50 bank wire), and no partial payouts.
Customer Service & Education
Eightcap Challenges provides reliable support for its challenge accounts, with 24/7 email assistance and live chat that connects you to a real person rather than a bot, which makes troubleshooting during volatile sessions much easier.
Customer support replies were fast during our testing, and we consistently received clear answers to KYC, payout timelines and account rules - the areas where most prop traders need a quick response.
Support Channels
Live Chat
Real human agents, not bots. Available 24/7 with fast response times during volatile sessions.
Email Support
24/7 email assistance with consistently clear answers on KYC, payouts and account rules.
Educational Resources
The education offering is stronger than what most prop firms provide, since you also get access to Eightcap's ecosystem of research tools.
Trade Zone
Weekly market insights, session previews and technical breakdowns covering the same instruments and trading conditions you'll see on challenge accounts.
Eightcap Labs
More structured guides on trading concepts, risk management ideas and strategy building. Designed for retail clients but translates well to challenge trading.
How We Tested Eightcap Challenges' Support & Education (9/10)
We tested Eightcap Challenges' support by contacting live chat and email with payout, KYC and platform questions, checking response speed and accuracy. They scored strongly because replies were fast, 24/7 and handled by real agents. For educational resources, we reviewed Trade Zone and Eightcap Labs for market insights and practical guidance. We deducted one point because the material isn't challenge-specific.
Trust & Community
The challenge website is operated by Eightcap International Ltd in Seychelles, and the challenge products are explicitly outside regulated brokerage or investment services. While the environment is designed to mirror live conditions, all activities are simulated and do not create a brokerage client relationship.
The Eightcap group has been operating since 2009 and holds multiple regulatory licences for its brokerage services, which provides a trust foundation for the challenge products.
2009
Founded
SC
Challenge Entity
4.1/5
Trustpilot
3,700+
Trustpilot Reviews
Eightcap Group Regulatory Status
The Eightcap brokerage group holds licences from top-tier financial authorities. Note that these licences apply to the brokerage services, not to the challenge products operated by Eightcap International Ltd in Seychelles:
ASIC
Australia
FCA
United Kingdom
CySEC
Cyprus
SCB
Bahamas
Simulated Environment
All challenge activities are simulated and do not create a brokerage client relationship. The challenge products are operated by Eightcap International Ltd in Seychelles and are explicitly outside regulated brokerage or investment services. Challenge accounts do not carry investor protections like traditional CFD trading accounts.
Transparency
Eightcap Challenges is transparent about how payouts work, what triggers a review and which documents are required for KYC, and the 14-day first-payout window is stated openly rather than buried in fine print.
Monthly trading instrument updates and clear leverage tables help you understand exactly what you can trade before starting a challenge. The combination of the Eightcap group's long operating history and public rule documentation makes the overall setup more predictable than many independent prop firms.
4.1/5
TrustScore
Based on 3,700+ reviews on Trustpilot. Feedback generally reflects solid customer service, efficient withdrawals and minimal slippage.
How We Tested Eightcap Challenges' Trust & Transparency (9/10)
We assessed trust using our three-pillar model: regulation, reputation, and operational transparency. We verified the Eightcap group's licences (ASIC, FCA, CySEC, SCB), checked the 4.1/5 Trustpilot score, and noted that challenge products are operated by Eightcap International Ltd in Seychelles outside of regulated brokerage services. The deduction came from the simulated trading environment nature of challenge accounts, which do not carry investor protections.
Our Final Verdict On Eightcap Challenges
Eightcap Challenges earns a solid overall score of 93/100. The challenge website is operated by Eightcap International Ltd in Seychelles, and while the environment is designed to mirror live conditions, all activities are simulated and do not create a brokerage client relationship.
The challenge formats are balanced and achievable. The Day Trader model offers a genuinely alternative way to prop trade with stakes from $5 to $500 in $5 increments and a 40% Symbol / 60% Asset Class profit allocation rule. MT4, MT5, TradeLocker and TradingView support gives you access to a proper technical environment - though TradingView is not available on Day Trader and U.S. residents are restricted from MT4/MT5. Costs are competitive starting from $59, RAW spreads start from 0.0 pips, and commission is asset-specific.
The main limitations are the profit caps on payouts (5% for One Phase, 10% for Two Phase), the 14-day wait before the first payout on standard challenges, and the U.S. platform restrictions. The overall package feels more stable and predictable than many independent prop firms because everything is built on top of Eightcap's infrastructure, with a structured scaling plan up to $1 million backing it up.
Frequently Asked Questions
Data Sources
- https://www.eightcap.com/en/trading/prop-trading/
Last reviewed 2026-05-19 · Data verified 2026-05-19