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Verified 2026

Eightcap Challenges Review

Best For: Broker-Operated Prop Programme
Unregulated (Prop Firm)
FR

Written By

ForexRater Research Team

Data-driven broker comparison · Independently tested · No paid rankings

Reviewed against our published methodology →

Reviews represent the editorial opinion of ForexRater and are not personal financial advice.

Last Updated: September 2026
2.6
Overall Score
Editorial base 4.2 − regulatory adjustment 1.6 = 2.6
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Who is behind this programme

Eightcap Challenges is backed by Eightcap

The entity behind it is Eightcap Pty Ltd / Eightcap Global Ltd. That broker holds licences from FCA, ASIC — covering its own brokerage clients, not this evaluation programme.

Verified primary, 2026-09-18

2.6
Prop firm score
0–5 on prop-specific criteria, not comparable to a broker rating
Broker parent
80% of 1.25
Payout reliability
not scored
Track record
25% of 1.25
Programme transparency
not scored
  • · Backing broker Eightcap verified (Eightcap Pty Ltd / Eightcap Global Ltd); 2 top-tier regulator(s).
  • · Payout reliability not scored: no retrievable rating or payout reporting on record.
  • · Transparency not scored: rules pages only partly retrieved (Headline terms read from the firm's programme page. Drawdown figures, profit targets and consistency rules are not published there and the detailed rules page was not reached — they are NOT recorded as undisclosed.).

Programme terms

Read from Eightcap Challenges’s own pages on 2026-09-18. Source

Rules pages only partly retrieved

Headline terms read from the firm's programme page. Drawdown figures, profit targets and consistency rules are not published there and the detailed rules page was not reached — they are NOT recorded as undisclosed.

Blank fields below mean we have not read them — not that Eightcap Challenges withholds them. Programme transparency is left unscored rather than counted against the firm.

Capital model
Simulated capital
Evaluation
2-step
Challenge fee
$5,000–$200,000 — from $69
Max funding
$200,000
Profit split
Up to 90%
Max drawdown
Not retrieved
Time limit
No time limits
Platforms
MT4 · MT5 · TradeLocker · TradingView
Instruments
Forex · Indices · Commodities · Crypto
Payouts
Add-ons available for earlier and 3-day payouts

Reliability signals

Reported by the sources named below. We have not independently verified these.

  • Eightcap founded 2009; Challenges launched late 2025.

    per Eightcap company materials, 2026-09-18· the firm’s own reporting

Audit Scorecard

Safety & Regulation4.1 / 5.0
Costs & Fees4.4 / 5.0
Platform & Tools4.3 / 5.0
Customer Support4.0 / 5.0
Education & Research4.0 / 5.0

Our Verdict

Eightcap Challenges is assessed here on its published programme terms, costs, platform range and account rules — not on licences, because it holds none of its own. There is no regulator register to check and no client-money protection behind a challenge fee; the safeguards that apply to a licensed broker do not apply here.

Eightcap Challenges advertises execution of Not measured and offers MT4. That execution figure is the broker's own published claim, not a speed we have measured — real fills vary with account type, session liquidity and news conditions.

Regulation
Tier-1 Secured
Speed
Not measured
2.6/ 5.0
Highly Recommended
Based on 300+ data points

Pros & Cons

The Good

  • Operated by an FCA- and ASIC-licensed broker
  • No time limits
  • Four platforms including TradingView

The Bad

  • Programme rules not published on the landing page
  • Simulated evaluation, outside the broker's licensed perimeter

Live Newsroom & Updates

No recent updates found.

Quick Stats

Min Deposit$69
Max Leverage1:100
Min SpreadParent broker pricing
Exec SpeedNot measured
Avg SlippageNot measured
Deposit FeeN/A (challenge fee)
Withdrawal FeeSee payout terms
PlatformsMT4, MT5, TradeLocker, TradingView
RegulationUnregulated (Prop Firm)
Visit Eightcap Challenges →
74-89% of retail traders lose money

Risk Warning

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.