Review · Forex / CFD
Eightcap Challenges for US traders
A broker-run forex and CFD challenge that sells to Americans.
- From
- $59
- $5K Two Phase
- With code
- $47.20
- 20% off
- Profit split
- 80%
- or 90% with add-on
- Time limit
- None
- Billing
- One-time
- Since
- 2025
- Seychelles
Can a US resident buy this?
Yes, on TradeLocker or TradingView. Not on MT4 or MT5.
We tested it. We opened their checkout from a US connection. It preselected United States, listed all 50 states plus DC, and offered only TradingView and TradeLocker. Switching the country to the UK added MT5 and MT4. The checkout enforces the rule, so you can't pick an MT platform by mistake.
“Yes, residents from the United States can purchase challenges on TradeLocker or TradingView.” — their own words
“residents of the United States of America are restricted from purchasing a challenge on MT4 and MT5.” — their own words
- Evidence:
- Checkout test (strongest)
- Read on:
- Oct 1, 2026
- State exclusions:
- None stated
Who it suits: Forex and CFD traders in the US who are happy on TradeLocker or TradingView and want a one-time fee with no time limit.
Plans & prices
What it costs
Prices in USD, read on the firm's own site on Sep 29, 2026. The green figure is the price with USA20.
| Program | $5K | $10K | $25K | $50K | $100K | $200K |
|---|---|---|---|---|---|---|
| Two Phase2-step · one-time | $47.20$59 | $79.20$99 | $175.20$219 | $311.20$389 | $479.20$599 | $959.20$1,199 |
| One Phase1-step · one-time | $55.20$69 | $95.20$119 | $207.20$259 | $343.20$429 | $527.20$659 | $1,039.20$1,299 |
At checkout, choose TradeLocker or TradingView. Those are the only platforms open to US residents.
- Two Phase: Targets of 9% and 5% apply to accounts created on or after 23 February. Older accounts keep 10% and 8%.
Codes we tested
Every Eightcap Challenges code we tested
Search results and AI answers list bigger numbers than the code above. We applied every one at Eightcap Challenges’ own checkout on Oct 1, 2026. 1 has expired or doesn’t exist, 1 gives less than advertised, and none of the working codes beats ours.
| Code | Claimed | At checkout | Where it was listed |
|---|---|---|---|
| USA20 | 20% off | Works20% off ($59.00 → $47.20) | Our code |
| PROPINDER24 | 24% off | ExpiredCheckout: Coupon “propinder24” has expired. | Google AI Overview, citing Propinder |
| INVEST | 25% off | Works20% off, not 25% ($59.00 → $47.20) | Google AI Overview, citing Wokwi |
| TRUSTED | 20% off | Works20% off ($59.00 → $47.20) | Google AI Overview, citing The Trusted Prop |
| ALEXG20 | 20% off | Works20% off ($59.00 → $47.20) | Google AI Overview, citing Wethrift |
| REBATE10 | 10% off | Works10% off ($59.00 → $53.10) | Google AI Overview, citing RebateBoard |
Each code applied on its own to a $5K Two Phase ($59.00) from a US connection, cart cleared between tests. No orders placed.
Rules
What you have to do to get paid
| Two Phase2-step | One Phase1-step | |
|---|---|---|
| Profit target | 9% then 5% | 10% |
| Daily loss limit | 5% | 4% |
| Max drawdown | 10% | 8% |
| Drawdown type | Static, from initial balance. Daily limit uses the previous day's balance. | Static, from initial balance. Daily limit uses the previous day's balance. |
| Min. trading days | 3 (phase 1), 5 (phase 2), 5 (payout) | 5 (evaluation), 7 (payout) |
| Time limit | None | None |
| Consistency rule | No single day may exceed 50% of the target or payout request | In the payout stage, no single day may exceed 30% of the payout request |
| Payout cap | 10% of the account per payout cycle | 5% of the account per payout cycle |
| Profit split | 80%, or 90% with add-on | 80%, or 90% with add-on |
| Payout cycle | Every 14 days; 7 or 3 days with add-ons | Every 14 days; 7 or 3 days with add-ons |
Read before you buy
The fine print, in plain English
Taken from their own pages. These are the rules most likely to cost you money.
No MT4 or MT5 for US residents
If you trade on MetaTrader, this isn't your firm. With a US billing address the checkout only offers TradingView and TradeLocker, so plan to learn one of those.
There is a cap on each payout
Profit above 5% of the account (One Phase) or 10% (Two Phase) in one payout cycle is forfeited when the account resets. On a $100K One Phase, the most you can be paid out from one cycle is the 80% split of $5,000.
One big day doesn't count in full
No single day may make up more than 50% of a Two Phase target, or 30% of a One Phase payout request. Profit over the limit doesn't count toward that target or request. The rest of your progress still counts.
No trading around high-impact news
Trades within 10 minutes either side of a high-impact release are a soft breach. Your account stays open, but you lose the profit from those trades. For US traders that includes NFP, CPI and FOMC.
30 days without a trade closes the account
The inactivity rule terminates an account after 30 consecutive days with no trades, and fees are never refunded.
The Day Trader Challenge isn't covered here
Eightcap also sells a Day Trader Challenge: a fixed $10K account, a $5–$500 stake and 1–8 hour sessions. It's a different product from the evaluations above, and we haven't checked its US terms yet.
ID check once payouts pass $1,000
KYC is triggered by cumulative payouts above $1,000, not per request. You need ID and proof of address issued in the country where you're a legal resident.
What we found
Things you won’t read on their homepage
- 01
No working Eightcap Challenges code beats 20%. We applied every code in Google's AI Overview at their checkout: the 24% code has expired, and the code billed as 25% applies 20%.
- 02
Their trading day starts at 00:00 server time (UTC+3 in summer, UTC+2 in winter). Their clock change follows the US one, so for a New York trader the day always rolls over at 5:00 PM ET. The daily drawdown resets an hour later, at 6:00 PM ET.
- 03
We applied USA20 at Eightcap's checkout from a US connection on 1 October 2026: the $5K Two Phase went from $59.00 to $47.20, a 20% discount, with the message “Coupon code applied successfully”.
- 04
We tested the checkout from a US connection on 1 October 2026. The platform menu changes with the billing country: TradingView and TradeLocker for the US, all four platforms for the UK. No US state is missing from the state list.
- 05
The US answer is on their own FAQ, worded as a yes. Most review sites list Eightcap Challenges with a Seychelles flag and say nothing about whether an American can buy.
- 06
Hedging is defined broadly. Long EURUSD plus long USDJPY counts, because both are opposing USD exposure. So does long SPX500 with long VIX. That matters if you trade correlated pairs.
Payments
Paying, and getting paid
Buy a challenge with
Visa
Mastercard
CryptoVisa, Mastercard, Crypto
Get paid by
CryptoWire in USD (IBAN or SWIFT) or crypto (USDT TRC20/ERC20, BTC). Payouts under $100 are crypto only. Checked 2026-09-29.
FAQ
Eightcap Challenges: common questions
Can I buy an Eightcap Challenge from the United States?+
Yes, on TradeLocker or TradingView. Eightcap's FAQ says US residents can purchase on those two platforms and are restricted from MT4 and MT5. We read it on their site on 1 October 2026.
How much does an Eightcap Challenge cost?+
Two Phase runs from $59 for $5K to $1,199 for $200K. One Phase runs from $69 for $5K to $1,299 for $200K. Both are one-time fees with no monthly charge, and fees are not refundable.
What payment methods does Eightcap Challenges accept?+
Visa and Mastercard cards, plus crypto on TRC20, ERC20 and BTC. Eightcap recommends crypto for faster processing.
How do US traders get paid?+
By USD wire (IBAN or SWIFT) or crypto. Payouts under $100 are crypto only. The standard cycle is 14 days, shortened to 7 or 3 days with paid add-ons.
Is there a time limit?+
No. Neither One Phase nor Two Phase has a maximum number of days. The only clock is the 30-day inactivity rule.
Sources
- Eightcap Challenges FAQ ↗read Oct 1, 2026
- Pricing table, challenges.eightcap.com ↗read Oct 1, 2026
- Checkout, $5K Two Phase, tested from a US IP ↗read Oct 1, 2026
- Eightcap legal documents (entity) ↗read Sep 29, 2026
Sold by Eightcap International Ltd (Seychelles). This is a paid evaluation on a simulated account, not a regulated product. “Accepts US residents” means the firm sells to Americans. It does not mean a US regulator oversees it. Rules and prices change, so check the firm’s current terms before you buy. Found something out of date? Tell us and we’ll re-check it.
20% OFF
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