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$5K - 2 phase

Eightcap Challenges

5K
Account size
2 Step
Steps
80%
Profit split
On demand
Payout

$59.00

Details

Profit and Risk

Account size
5K
Profit split
80%
Number of steps
2 Step
1st profit target
9%
2nd profit target
5%
Max daily loss
5%
Max total drawdown
10%

Trading period

Minimum trading days
3
Maximum trading days
Unlimited

Conditions

Payout frequency
On demand

Permissions

Balance scaling

Challenge fee refundable

Trading bots

Copy trading

News trading

About Prop Firm

Established

Seychelles, 2019


Backed by the experience and infrastructure of an established global broker, Eightcap Challenges offers flexible simulated trading challenges built around different strategies and timeframes.

Whether you're a disciplined long-term strategist or a fast-moving day trader, we have the environment, tools and structure to match your approach. Now with TradingView live alongside MT4, MT5 and TradeLocker, you have four industry-leading platforms to choose from. 

Choose a One Phase or Two Phase evaluation, or take on a fast-paced Day Trader Challenge with control over your stake, duration and payout multiplier. With multiple platforms, flexible add-ons and access to up to $600,000 in total simulated trading capital, you can shape the experience around how you trade.

What we offer

  • Challenge options: One Phase, Two Phase and Day Trader Challenges
  • Account sizes: $5,000 to $200,000
  • Profit share: 80%, customisable up to 90% with an add-on
  • Total allocation: Up to $600,000 in simulated trading capital across active accounts
  • Day Trader Challenges: Choose a $5 to $500 stake and a 1, 2, 4 or 8-hour trading window
  • Platforms: MT4, MT5, TradeLocker and TradingView
  • US clients: US residents can purchase challenges on TradeLocker or TradingView. MT4 and MT5 are not available to US clients

Add-ons

Customise your One Phase or Two Phase Challenge by selecting optional add-ons at checkout:

  • Profit Split: Increase your profit share from 80% to 90%
  • Earlier Payout: Reduce the standard payout wait from 14 days to seven
  • 3-Day Payout: Reduce the standard payout wait from 14 days to three
  • Insurance: Reset your account once if you fail the Assessment or Qualification stage
Support Hours
24/5

Rules

Each Eightcap Challenge has clearly defined profit targets, loss limits and minimum trading days, giving you a transparent framework from the beginning.

  • One Phase (accelerated): A single-stage challenge with no time limit. Hit a 10% profit target and move to the Payout stage. Account sizes from $5K to $200K.
  • Two Phase (classic): A two-step evaluation for disciplined traders. Hit 9% in the Assessment stage and 5% in the Qualification stage. Account sizes from $5K to $200K.
  • Day Trader Challenge: Fast-paced challenges built for quick results. Choose from 1, 2, 4 or 8-hour sessions on a $10K fixed account. Set your own stake, duration, payout multiplier and preferred platform. Entry from $5 up to $500, with 100% of your profit share kept by you.

Trading conditions

  • Add-ons must be selected before checkout and cannot be applied after the account has been created. Insurance does not apply during the Payout stage.
  • No maximum trading period for One Phase or Two Phase evaluations
  • Trades must remain open for at least 60 seconds to count towards a trading day
  • Accounts are closed after 30 consecutive days without trading activity

Our rules are built for sustainability and to support your trading journey. We've replaced unnecessary hurdles with a professional framework designed to reward consistent, ethical traders. 

We back responsible risk management, clear conditions and long-term success. That's why we hold zero tolerance for manipulative or toxic trading practices.

For full rules and conditions, visit challenges.eightcap.com.

Challenge fee refund
None; None
Payment methods
Credit Card, Cryptocurrencies, Debit Card
Payout methods
Wire Transfer, Cryptocurrencies
Account currencies
United States Dollar
Asset types
commodity, crypto, forex, indices, stock
Balance scaling
No
Trading bots
Yes
Copy trading
Yes; Yes; However trading that mirrors another user's trades in real time without input or intervention from a Participant is prohibited.
News trading
One Phase and Two Phase: Not allowed in the Payout Stage within 10 minutes before and after major data releases, news events, or macroeconomic events deemed high impact. Day Trader: Not allowed in the Payout Stage within 5 minutes before and after major data releases, news events, or macroeconomic events deemed high impact.

Leverage

Crypto

1:3

Indices

1:30

Forex

1:100

Commodities

1:20

Stocks
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