Reviewed by PropFirm201 Research Team·At a Glance
SabioTrade Homepage
Pricing & Challenge Types
Standard Challenge
1 phase · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $20,000 | $119 | 10% | 5% | 6% |
| $50,000 | $289 | 10% | 5% | 6% |
| $100,000 | $479 | 10% | 5% | 6% |
| $200,000 | $939 | 10% | 5% | 6% |
Prime Challenge
1 phase · 90% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $650,000 | $2989 | 10% | 5% | 6% |
SabioTrade Plans Page
Pros & Cons
Pros
- Large account sizes up to $650,000 in a single challenge
- 240+ CFD instruments including stocks and ETFs
- No minimum trading days requirement
- Free trial account available to test the platform
- Profit split up to 90% on Prime accounts
Cons
- Proprietary QuadCode platform only (no MT4/MT5 or cTrader)
- Not available to US-based traders
- Expert Advisors and bots are not allowed
- Not regulated by any major financial authority
- 3.8 Trustpilot score with some negative reviews about support
Trading Rules
About SabioTrade
SabioTrade is a proprietary trading firm founded in 2023 and registered in Dublin, Ireland. The firm offers a streamlined one-step evaluation process with funded accounts ranging from $20,000 to $650,000. SabioTrade stands out by offering access to over 240 CFD instruments including forex, equities, indices, commodities, cryptocurrencies, and ETFs through its proprietary QuadCode platform.
The firm takes a simplified approach to prop trading, with a single evaluation phase, no minimum trading days, and flexible trading strategies. SabioTrade also provides a free trial account, allowing prospective traders to test the platform and rules before committing any funds.
How It Works
SabioTrade uses a straightforward one-step evaluation model:
Standard Challenge ($20K-$200K):
- Complete a single evaluation with a 10% profit target while maintaining a 5% daily loss limit and 6% maximum drawdown. No minimum trading days and no time limit.
- Upon passing, receive a funded account with an 80% profit split and bi-weekly payouts.
Prime Challenge ($650K):
- Same rules as the Standard Challenge but with a $650,000 account size.
- Upon passing, receive a funded account with a 90% profit split.
All trading strategies are permitted, including news trading and scalping. Expert Advisors and automated bots are not allowed.
Pricing & Plans
| Account Size | Challenge Fee |
|---|---|
| $20,000 | $119 |
| $50,000 | $289 |
| $100,000 | $479 |
| $200,000 | $939 |
| $650,000 (Prime) | $2,989 |
Challenge fees are refundable upon successful completion of the evaluation and first profit withdrawal.
Rules & Restrictions
- Maximum Daily Loss: 5% of the account balance.
- Maximum Overall Loss: 6% of the initial account balance.
- Minimum Trading Days: None.
- Maximum Trading Days: No time limit.
- News Trading: Allowed.
- Weekend Holding: Allowed.
- Expert Advisors: Not allowed.
- Scalping: Allowed.
- Hedging: Allowed.
- Copy Trading: Not allowed.
- Leverage: Up to 1:100 on forex.
Payouts
- Frequency: Bi-weekly (every 14 days).
- Profit Split: 80% (Standard) or 90% (Prime), increasing to 90% for scaled accounts.
- Methods: Bank transfer and cryptocurrency.
- Processing Time: 3-5 business days.
- Challenge Fee Refund: Included with successful evaluation completion.
Is SabioTrade Legit?
SabioTrade presents a legitimate but relatively new prop firm with some caveats:
- Registered in Ireland but not regulated by the Central Bank of Ireland or any major financial regulator.
- 3.8/5 Trustpilot rating from over 700 reviews, with 73% positive ratings.
- Free trial available allowing traders to test the platform before paying.
- 240+ instruments providing broad market access.
- QuadCode platform offers web, desktop, and mobile trading.
The lack of regulation and the proprietary-only platform are concerns for some traders. The firm is best suited for those comfortable with the QuadCode platform and who value the simplified evaluation process.
FAQ
What is SabioTrade?
SabioTrade is an Ireland-based proprietary trading firm founded in 2023 that offers one-step evaluation challenges for funded accounts ranging from $20,000 to $650,000, with access to 240+ CFD instruments.
How much does SabioTrade cost?
SabioTrade challenge fees range from $119 for a $20,000 account to $2,989 for a $650,000 Prime account. Fees are refundable upon successful evaluation.
What is SabioTrade's profit split?
SabioTrade offers an 80% profit split on Standard accounts and 90% on Prime accounts, with the potential to increase to 90% through their scaling plan.
Does SabioTrade allow EAs/bots?
No, SabioTrade does not allow Expert Advisors or automated trading bots.
Is SabioTrade available in the US?
No, SabioTrade does not currently accept traders from the United States.