Eightcap Challenges
Eightcap Challenges is a prop firm by the globally regulated broker Eightcap. Take on simulated trading challenges — One Phase, Two Phase or Day Trader — on MT4, MT5 and TradeLocker. Account sizes up to $200,000, up to 90% profit share, RAW spreads from 0.0 pips, no time limits, and challenge fees starting from just $5.
Eightcap Challenges Overview
Eightcap Challenges is a simulated trading (prop firm) program powered by Eightcap — a globally regulated broker. Eightcap has been operating since 2009, headquartered in Melbourne, Australia. All activities on Eightcap Challenges take place in a simulated environment designed to mirror real market conditions — not a regulated financial service.
Traders can choose from 3 challenge types: One Phase Challenge, Two Phase Challenge, Day Trader Challenge. Challenge fees start from just $5 — a one-time entry fee, not a deposit. All challenges use RAW spreads from 0 pips. There are no monthly fees and no time limits on One Phase and Two Phase challenges.
Eightcap Challenges offers up to 90% profit share on One Phase and Two Phase challenges, and 100% profit share on Day Trader challenges. Account sizes go up to $200,000 per challenge, with the possibility of scaling to $600,000 in total simulated capital.
Challenges are available on MetaTrader 4, MetaTrader 5, TradeLocker. Copy trading with external accounts is not permitted. Hedging and Expert Advisors (EAs) are allowed.
⚠️ Prop firm operated by Eightcap International Ltd. Products and services are not regulated financial services or investment offerings. Activities relate exclusively to simulated trading environments.
Expert Review & Analysis
Our Take
Eightcap Challenges is a prop firm powered by Eightcap, offering simulated trading challenges with RAW spreads from 0.0 pips, up to 90% profit share, and no time limits on One Phase & Two Phase challenges. Day Trader challenges start from just $5 with 100% of profits kept by the trader.
Trading Conditions
RAW spreads from 0.0 pips, $5/lot commission (crypto $0), leverage up to 1:100 on FX. Challenge fees start from $5 (Day Trader) or $59 (Two Phase). No monthly fees.
Pros
- •Powered by Eightcap — globally regulated broker
- •Up to 90% profit share
- •100% profit share on Day Trader challenges
- •RAW spreads from 0.0 pips
- •No time limits on One Phase and Two Phase
- •Multiple platforms: MT4, MT5, TradeLocker
- •Challenge fees starting from just $5
- •Up to $600,000 in total simulated capital
- •Fast payouts
- •Hedging and EAs allowed
Cons
- •US residents restricted from MT4/MT5 challenges
- •Copy trading not allowed
- •Challenge fees are non-refundable
- •No free trial accounts available
- •KYC required for withdrawals over $1,000
Account Types
One Phase Challenge
Prop Firm Challenge
Single-phase evaluation. Pass one assessment to reach the payout stage. Account sizes from $5,000 to $200,000. No time limit.
Two Phase Challenge
Prop Firm Challenge
Two-phase evaluation. Pass both assessment and qualification phases to reach the payout stage. Lower challenge fees than One Phase. No time limit.
Day Trader Challenge
Prop Firm Challenge
Fast-paced Day Trader challenges with 1-8 hour sessions on a fixed $10K balance. You select your stake, duration, payout multiplier and platform. 100% of profits are yours.
Regulation & Legal Entities
Eightcap International Ltd
Seychelles
Office 12, 3rd Floor, IMAD Complex, Ile Du Port, Mahé, Seychelles
Prop firm operated by Eightcap International Ltd. Products and services are not regulated financial services or investment offerings. Activities relate exclusively to simulated trading environments.
Trading Platforms
MetaTrader 4
Desktop|Mobile|Web
MetaTrader 5
Desktop|Mobile|Web
TradeLocker
Web|Mobile|Desktop
Trading Instruments
Fees & Pricing
↓ Deposits
↑ Withdrawals
⏸ Inactivity
Deposit Methods
Execution Technology
Trading Features
Restricted Countries
Eightcap Challenges does not accept clients from the following countries:
Quick Info
Support
Key Features
Company Stats
VPS Hosting
Free VPS: VPN/VPS usage is allowed
Last verified: 2026-03-10
Frequently Asked Questions about Eightcap Challenges
Everything you need to know about the broker's trading conditions
Is Eightcap Challenges a regulated broker?
Currently, we do not have verified regulatory information for Eightcap Challenges, or they operate as an unregulated entity.
What is the minimum deposit required for Eightcap Challenges?
The minimum deposit requirement to open an account with Eightcap Challenges is $69.
What is the maximum leverage offered by Eightcap Challenges?
Eightcap Challenges offers a maximum leverage of up to 100:1 for retail traders, though this may vary based on your jurisdiction and the entity you register with.
Which trading platforms does Eightcap Challenges support?
Eightcap Challenges provides access to global markets through MetaTrader 4, MetaTrader 5, TradeLocker.
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