Score Breakdown
What We Like
- Operated directly by Eightcap broker, regulated by ASIC, FCA, CySEC, SCB, MENA, and FSA Seychelles Day Trader Challenge from $5 with same-day payouts and 1-8 hour sessions Four platforms supported: MT4, MT5, TradeLocker, and TradingView Up to $600,000 aggregate funding across multiple challenges Profit split up to 90% with the profit split add-on Publicly discloses 1.74% withdrawal denial rate, rare transparency in the industry Eightcap powered 300,000+ funded challenges across 40 brands between 2021 and 2024 Institutional pricing feed with 0.0 pip raw spreads on majors EAs and automation permitted on One-Phase and Two-Phase challenges News trading permitted during evaluation phase No time limits on One-Phase or Two-Phase challenges Weekend holding allowed (Two-Phase default, One-Phase via add-on) Active Discord community with direct industry leadership engagement 10% discount with code RESPONSIBLE
Could Be Better
- Challenge fees are non-refundable 90% profit split requires a paid add-on, not included by default Day Trader Challenge capped at $2,500 maximum payout per session Day Trader Challenge is manual trading only, no EAs permitted US clients cannot use MT4 or MT5 platforms News trading restricted within 10 minutes of major releases on funded accounts Smaller Trustpilot review base reflecting the November 2025 launch Maximum funding $600K aggregate is lower than The5ers ($4M) and FundedNext ($4M) No account scaling on Day Trader Challenge, always $10K virtual balance Bi-weekly payouts on One/Two-Phase by default Single active challenge limit on Day Trader product
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Community Reviews (8)
See all →Mixed feelings
Passed the challenge but had some issues getting my first payout processed. Took about a week instead of the promised 1-2 days. After that, the second payout was fine. Communication could be much better. — SwingTraderDave
Surprisingly good
Found this firm through a comparison website and decided to try. Passed the challenge in 2 weeks. Funded account has been great — fast payouts and the profit split is competitive. Will scale here. — PipHunter99
Better than expected
Went in with low expectations and was pleasantly surprised. Clean rules, decent platform and the payout process was smooth. Customer support replied within a few hours. Will continue trading here. — VolatilityTrader
