AI Review
Eightcap Challenges is the prop-firm evaluation product offered by Eightcap International Ltd (Seychelles). IMPORTANT: the challenge product does NOT fall within the scope of any authorisations, licences or permissions Eightcap holds and is solely for educational purposes — it is not ASIC-, FCA- or otherwise regulated. Eightcap the broker is regulated (ASIC AFSL 391441, Bahamas SIA-F220, Seychelles FSA SD100, Mauritius FSC), referenced here as context only and clearly separate from the challenge product. Profit split up to 80%, max leverage 1:100, accounts simulated up to $600,000 total. Australia is restricted despite Eightcap being an Australian broker; US residents are accepted but only on TradeLocker and TradingView. The Trustpilot rating reflects the broker Eightcap, not the challenge product specifically. The restricted-country list is partial — their FAQ leaves 'various African nations' unenumerated.
Leverage and Platforms
Tradeable Asset Classes
- forex
- indices
- commodities
- crypto
- US stocks
Available Trading Platforms
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MT5

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MT4

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TradeLocker

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TradingView

Restricted Countries & Regions
Check the firm website for the full and up-to-date list. Full list at Eightcap Challenges.
Trading Rules
Rules change without notice and vary by account type. Confirm with the firm before you trade.
Expert Advisors & Bots
AllowedCopy Trading
Not publishedNews Trading
Conditions applyScalping
Not publishedHFT
Not publishedWeekend Holding
AllowedHedging
Not publishedAccount & Risk Rules
ALLOWED
One Phase program
10% target, 4% daily DD, 8% max DD, 5 min days (7 at payout stage).
Two Phase program
9% then 5% target, 5% daily DD, 10% max DD, 3/5/5 min days.
Account model
Accounts are simulated — up to $600,000 total simulated capital.
RESTRICTED
Minimum trade duration
A trade must stay open 60+ seconds to count toward a trading day.
Position limits
Max 10 simultaneous trades; forex max 40 lots per trade. No time limit.
NOT ALLOWED
Banned strategies
Martingale, hedging, grid, tick trading, copy trading, latency and reverse arbitrage, gap trading, and account management are banned.
User Reviews
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