·Melbourne
Eightcap Challenges currently offers 12 challenge programs, with fees ranging from $59–$1299. Select a challenge type and account size below to compare profit targets, drawdown limits, payout frequency, and the full consistency rule — all sourced directly from Eightcap Challenges's official documentation and kept up to date.
Program: One Phase
Challenge Fee
$69
Profit Target
10%
Max Daily Loss
4%
Max Total Loss
8% (static)
Profit Split
80%
Payout Frequency
Every 14 days
Consistency Rule
30% (funded)
Rules change without notice and vary by account type. Confirm with the firm before you trade.
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.
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.
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
A Eightcap Challenges challenge is a paid evaluation phase where you trade simulated capital under Eightcap Challenges's rules — profit targets, daily drawdown, max drawdown, and time limits. Pass the evaluation and you're moved to a funded account where you trade Eightcap Challenges's actual capital and keep a percentage of profits as your payout. Most challenge fees are refunded with your first successful payout.
Eightcap Challenges's evaluation structure (1-step, 2-step, or instant-funding) depends on which program you pick. Each challenge card above shows the exact steps, the profit target per phase, the time limit (if any), the daily and overall drawdown limits, and the profit split you'll earn once funded. We pull these values directly from Eightcap Challenges's official rulebook and keep them up to date.
Industry-wide pass rates on prop firm challenges sit around 10%. The traders who pass most consistently treat the challenge as a paid stress test of an already-profitable strategy — not as a way to learn one. If you're newer to trading, the Eightcap Challenges matcher tool can help you find a challenge with rules that fit your style before paying for the evaluation.
On this page