AI Review

Eightcap Challenges is the simulated prop-trading evaluation run by Eightcap International Ltd (Seychelles), part of the Eightcap broker group. The firm states the challenges are not financial products and are not part of any regulated service. It sells One Phase (10% target, 4% daily / 8% max loss) and Two Phase (9% + 5% targets, 5% daily / 10% max loss) accounts from $5,000 to $200,000, priced $59–$1,299. The profit split is 80%, or 90% with an add-on. Payouts come every 14 days but are capped per cycle at 5% (One Phase) or 10% (Two Phase) of the account. Trading runs on MT4, MT5, TradeLocker and TradingView; US residents can buy only on TradeLocker or TradingView. There is no time limit and the combined allocation cap is $600,000.

Trading Rules

Rules change without notice and vary by account type. Confirm with the firm before you trade.

ALLOWED

Expert Advisors (EAs)

Allowed; the trader is fully liable for EA errors.

Scalping

A trade must stay open 60 seconds to count toward a trading day.

HFT

Tick scalping and latency arbitrage are still banned.

Weekend Holding

Allowed; gap trading at session open is still banned.

Overnight Holding

Swaps apply.

RESTRICTED

Copy Trading

Only between your own accounts under the same email.

News Trading

Funded stage only: no trades 10 min either side of high-impact news; profits removed, account stays open.

NOT ALLOWED

MartingaleTick ScalpingGrid TradingGroup Trading

Hedging

Including offsetting positions across accounts or correlated pairs.

Arbitrage

Including reverse, latency and swap arbitrage.

Gambling

Gambling-focused behaviour is a prohibited act.

Prohibited Conduct

Gap trading, third-party account management, multiple profiles and duplicate IPs.

From our firm record — not independently re-verified

True Cost Calculator

See how much it truly costs to get funded at Eightcap Challenges, including multiple failed attempts.

Fee

$119

Split to you

80%

Account

$10K

How many attempts?

Drag to model your worst-case scenario

2attempts
1Best
2
3
4
5Worst
Total Spent

$238

2 attempts × $119 fee

Net Cost

$238

No fee refund on this plan

Break-Even

2.97%

Profit needed on $10K after 80% split

Fees shown in USD. Break-even is the minimum profit % you need on your funded account to cover all challenge costs.

Leverage and Platforms

Tradeable Asset Classes

  • forex
  • indices
  • commodities
  • crypto
  • US stocks

Available Trading Platforms

  • MT5 logo
    MT5
  • MT4 logo
    MT4
  • TradeLocker logo
    TradeLocker
  • TradingView logo
    TradingView

Restricted Countries & Regions

AFAfghanistan
AUAustralia
CUCuba
IRIran
IQIraq
LBLebanon
LYLibya
MMMyanmar
KPNorth Korea
RURussia
SOSomalia
SYSyria
UAUkraine
YEYemen
ZWZimbabwe

Check the firm website for the full and up-to-date list. Full list at Eightcap Challenges.

Frequently Asked Questions

80% as standard, or 90% with the Profit Split add-on (+25% on the fee).
Every 14 days on a funded account. The Earlier Payout add-on cuts this to 7 days and the 3 Day Payout add-on to 3 days. Each payout is capped at 5% (One Phase) or 10% (Two Phase) of the account; profit above the cap is forfeited.
No. An account is closed after 30 days with no trades.
Not within 10 minutes before or after high-impact news on funded accounts. A breach removes the profit from those trades but does not fail the account.
Yes. Martingale, hedging, grid, tick scalping, copying other traders, arbitrage and gap trading are banned.
MT4, MT5, TradeLocker and TradingView. US residents cannot use MT4 or MT5.

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