SabioTrade Review
A service offered by SabioTrade gives traders capital so they can trade on the company’s behalf and get a cut of the earnings. In addition to having the freedom to handle accounts with balances of up to $200,000 without taking on any financial risk, traders can generate substantial rewards.
Pros
- Outstanding Trustpilot Rating of 4.4/5 One-Step Assessment Process
- Professional Trader Dashboard: Free Trial
- A Wide Range of Trading Instruments (ETFs, Cryptocurrencies, Commodities, Indices, Stocks, and Forex Pairs)
- No restrictions on the minimum or maximum trading day
- No commission costs,
- First payout upon profit,
- Profit sharing ranging from 80% to 90%
- News trading and overnight holding are permitted.
Cons
- Maximum Drawdown Trailing
- No Scaling Plan Is Available
- Monthly Disbursements
SabioTradeย follows a program that gives traders funds to trade on their behalf, giving them the chance to profit from the earnings made. With the ability to manage account sizes up to $200,000 and receive profit splits of up to 90%, traders have the chance to make significant earnings. Trading a variety of financial assets, such as FX pairs, commodities, stocks, ETFs, indexes, and cryptocurrencies, can help achieve this.
Who is SabioTrade?
SabioTradeis a privately held company that was established on October 21, 2020, with the formal name CODEVIL IT ENGINEERING LIMITED. They are situated in Ireland’s Dublin.SabioTrade gives traders the option to select from a single two-step assessment while collaborating withย QuadCode, a tier-1 liquidity provider with the best simulated real market trading conditions as their broker.
SabioTradeโsย headquarters are located at 2c, Grangegorman Lower, Smithfield, Dublin, Ireland.
Funding Program Options
SabioTrade provides its traders with a single funding program option.
One-step Evaluation
SabioTradeโsย Through One-step Evaluation, traders may handle account sizes ranging from $20,000 to $200,000. During a one-step review phase, the goal is to find profitable, disciplined traders who can effectively manage risk. Up until 1:30, you can trade using leverage when using the One-step Evaluation.
Account Size | Price |
---|---|
$20,000 | $119 |
$50,000 | $289 |
$100,000 | $479 |
$200,000 | $939 |
A trader must hit a 10% profit target during the evaluation phase without going over their 3% daily loss or 6% trailing loss limits. Regarding time constraints, keep in mind that during phase one, there are no minimum or maximum trading day requirements. You only need to meet the 10% profit goal without going over the maximum daily or maximum trailing loss limit guidelines in order to go on to funded status.
You are given a funded account with no minimum withdrawal requirements after passing the evaluation process. Only the 3% daily loss cap and the 6% trailing loss cap must be adhered to. If you are able to make a profit on the first day, you can get your first payout; otherwise, you can request withdrawals every month. Depending on the profit you generate on your funded account, if you select the Platinum account, your profit split will be either 80% or 90%.
One-step Evaluation Scaling Plan
The One-step Evaluation doesnโt have a scaling plan.
One-step Evaluation Trading Rules & Objectives
- Profit Target โ Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 10%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss โ The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a customizable maximum daily loss of 3%.
- Maximum Trailing Loss โ The difference between the highest achieved account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is allowed to lose without breaching the account. All account sizes have a maximum trailing loss of 6%.
What Makes SabioTrade Different From Other Prop Firms?
SabioTradeย differs from mostย industry-leading prop firmsย because it provides a single account type and a one-step assessment. They also offer many positive features, including a free trial feature that lets you test the trading conditions, a high starting profit split of up to 90%, an unlimited trading period, no minimum trading day requirements, and reasonable evaluation prices in comparison to the industry average.
Before being eligible for rewards, traders must finish a single phase of SabioTrade’s one-step evaluation. With a daily maximum of 3% and a maximum trailing loss of 6%, the profit target is 10%. Additionally, during the evaluation phase, there are no minimum or maximum trading day limitations. Additionally, the One-step Evaluation offers a special scaling strategy that enables traders to handle increasingly bigger account sizes. The One-step Evaluation differentiates out from other industry funding programs primarily because it offers an unlimited trading term, no minimum trading day limitations, a high starting profit split of up to 90%, and evaluation prices that are lower than the industry norm.
Example of comparison betweenย SabioTradeย &ย Funded Trading Plus
Trading Objectives | SabioTrade | Funded Trading Plus |
---|---|---|
Profit Target | 10% | 10% |
Maximum Daily Loss | 3% | 4% |
Maximum Loss | 6% (Trailing) | 6% (Trailing) |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Maximum Trading Period | Unlimited | Unlimited |
Profit Split | 80% (90% on Platinum Account) | 80% up to 100% |
Example of comparison betweenย SabioTradeย &ย FTUK
Trading Objectives | SabioTrade | FTUK |
---|---|---|
Profit Target | 10% | 10% |
Maximum Daily Loss | 3% | 4% |
Maximum Loss | 6% (Trailing) | 8% (Trailing) |
Minimum Trading Days | No Minimum Trading Days | 4 Calendar Days |
Maximum Trading Period | Unlimited | Unlimited |
Profit Split | 80% (90% on Platinum Account) | 50% up to 80% |
Example of comparison betweenย SabioTradeย &ย Blue Guardian
Trading Objectives | SabioTrade | Blue Guardian |
---|---|---|
Profit Target | 10% | 10% |
Maximum Daily Loss | 3% | 4% |
Maximum Loss | 6% (Trailing) | 6% (Trailing) |
Minimum Trading Days | No Minimum Trading Days | 3 Calendar Days |
Maximum Trading Period | Unlimited | Unlimited |
Profit Split | 80% (90% on Platinum Account) | 85% |
In conclusion,ย SabioTradeย differs from otherย industry-leading prop firmsย by providing a one-step assessment and a single account type. They also offer many positive features, including a free trial feature that lets you test the trading conditions, a high starting profit split of up to 90%, an unlimited trading period, no minimum trading day requirements, and reasonable evaluation prices in comparison to the industry average.
Is Getting SabioTrade Capital Realistic?
When looking at proprietary trading companies that fit your forex trading style, it’s critical to assess how achievable the trading needs are. If a business demands large monthly earnings with low maximum drawdown percentages, it becomes less feasible and less likely to succeed, even though it may seem appealing with a high % profit share on a generously funded account. It’s also important to look at time limits; an unlimited trading period is better because it removes the pressure that comes with time constraints. To reduce the possibility of inadvertently breaking the terms of your trading account, you must familiarize yourself with all trading regulations both during the evaluation phase and the ensuing financing phases.
- The One-step Evaluation’s average profit aim of 10% and average maximum loss guidelines (3% maximum daily and 6% maximum trailing loss) make it realistic to receive funds from it. It’s crucial to remember that there are no time restrictions or minimum or maximum trading day requirements, giving you the freedom to go at your own trading pace or quickly obtain funds in a single day. Additionally, participants who successfully complete the evaluation phase are eligible for payments with a favorable profit share of 80% or 90% if they select the Platinum account.
After considering all the factors, SabioTrade is highly recommended since you have a single funding program to choose from, which features realistic trading objectives and conditions for qualifying for payouts.
Payment Proof
SabioTrade is a proprietary trading company that was established on October 21, 2020. They have a sizable trading community that has attained funded status and is eligible for a profit split.
You will be able to get your first payout on day one if you are successful in making a profit while using SabiTrade and achieving funded status One-step Evaluation. However, if you surpass the initial account amount every 30 calendar days after your first payout, you will be entitled to receive rewards. Depending on the profit you have made on your funded account, if you select the Platinum account, your profit split will be a substantial 80% or 90%.
You may locate the SabioTrade payment proof here. on numerous websites. One example is Trustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof for SabioTrade is their Discord channel, where you can find numerous payout certificates of their most successful traders.
Examples of Payout Certificates and Payment Proof can be seen in the images below.
Which Broker Does SabioTrade Use?
SabioTrade is partnered with QuadCode, a broker who offers the greatest simulated real market trading circumstances and is a tier-1 liquidity provider.
As for trading platforms, while you are working with SabioTrade, they allow you to trade on a unique QuadCode Platform.
Trading Instruments
As mentioned above, SabioTrade is partnered with QuadCode, a tier-1 liquidity provider that offers the best simulated real market trading conditions. Depending on the trading instrument you are trading, you can use leverage of up to 1:30 to trade a variety of trading instruments, including stocks, commodities, forex pairs, ETFs, indices, and cryptocurrencies.
Forex Pairs
EUR/USD | EUR/GBP | GBP/JPY | EUR/JPY | GBP/USD | USD/JPY |
AUD/CAD | NZD/USD | USD/CHF | AUD/USD | USD/CAD | AUD/JPY |
GBP/CAD | GBP/CHF | EUR/CAD | CHF/JPY | CAD/CHF | EUR/AUD |
EUR/NZD | USD/ZAR | AUD/CHF | AUD/NZD | EUR/CHF | NZD/CAD |
NZD/JPY | EUR/NOK | CHF/NOK | EUR/ZAR | NOK/JPY | NZD/CHF |
Commodities
XAU/USD | UKO/USD | USO/USD |
Indices
US500 | US100 | US30 | US2000 | SP35 |
UK100 | JP225 | HK33 | GER30 | FRA40 |
EU50 | AU200 |
Stocks
ADSd | ALVd | BAYNd | BMWd | CBKd | CONd |
DBKd | LHAd | DPWd | DTEd | EOANd | MRKd |
SIEd | VOWG | ENIm | PIRCm | PSTm | TITm |
UCGm | SANe | BBVAe | TEFe | AIRp | HEIOa |
Orp | AMZN | AAPL | BIDU | CSCO | FB |
GOOGL | INTC | MSFT | C | KO | GE |
GM | GS | JPM | MCD | MS | NKE |
BABA | TESLA | MMM | ABT | ABBV | ACN |
ADBE | AA | MO | AAL | AMGN | ADSK |
BAC | BRK-B | BBY | BLK | BA | BMY |
CCL | CAT | CVX | CTAS | CL | CMCSA |
COP | ED | COST | CVS | DHI | DRI |
DVA | DAL | DVN | DLR | DFS | DOV |
DTE | EMN | EBAY | ECL | EIX | EMR |
ETR | EFX | EQR | ESS | EXPD | EXR |
XOM | FFIV | FIS | FITB | FSLR | FE |
FLS | FMC | F | FBHS | FCX | GPS |
HAS | HD | HON | IBM | JNJ | KHC |
LLY | LMT | MA | MDT | MU | MCO |
NFLX | NEE | NVDA | PYPL | PFE | PM |
PG | QCOM | DGX | RTN | REGN | RCL |
CRM | SLB | LUV | SBUX | SYK | DIS |
UAL | VZ | V | WBA | WFC | SNAP |
AMD | ALGN | ANSS | IDXX | RMD | SU |
TFX | TMUS | DBX | SPOT | LYFT | PINS |
ZM | UBER | MELI | TFC | SEDG | SQ |
BNTX | DOCU | SHOP | TTWO | ETSY | DPZ |
GOLD | MGM | PENN | COIN | HOOD |
ETFs
QQQ | SPY | EEM | FXI | IWM |
GDX | XOP | XLK | XLE | XLU |
IEMG | XLY | IYR | SQQQ | EWJ |
XLB | DIA | TLT | EWW | XME |
JNUG | MJ |
Cryptocurrencies
BTC/USD | DSH/USD | ETH/USD | ZEC/USD |
XRP/USD | BCH/USD | TRX/USD | LTC/USDT |
Trading Fees
Trading Commission
Trading Instrument | Commission Fee |
---|---|
FOREX | 0 USD / LOT |
COMMODITIES | 0 USD / LOT |
INDICES | 0 USD / LOT |
CRYPTO | 0 USD / LOT |
Spread Account
Platform | Server | Login Number | Password | Download Platform |
---|---|---|---|---|
QuadCode Platform | โ | โ | โ | Click here |
Education
SabioTrade offers its traders free training. The educational course is offered to them at no cost and is divided into three phases. Topics covered in the course include fundamental and technical analysis as well as the fundamentals of trading.
Additionally, SabioTrade offers its audience a comprehensive blog with instructional materials where you may learn about a wide range of interesting subjects in the trading sector.
SabioTrade distinguishes itself as a premium proprietary trading company by offering a complimentary trial. This lowers the possibility of mistakes when traders ultimately select one of the two accessible evaluation programs by allowing them to become acquainted with the platform’s trading conditions.
All customers can also access a professionally designed trader dashboard through SabioTrade. By providing constant access to comprehensive statistics and objectives, along with real-time updates every minute, this technology streamlines risk management and improves user experience overall.
SabioTrade Trading Dashboard
Trustpilot Feedback
SabioTrade has gathered an excellent score on Trustpilot based on their communityโs feedback.
On Trustpilot, SabioTrade has received good comments and reviews about their company’s services from a wide range of their community. From a sizable pool of 278 evaluations, the company has earned an outstanding rating of 4.4 out of 5. Remarkably, SabioTrade has received the highest rating of five stars in 66% of these evaluations.
The customer was pleased with SabioTrade, especially with the platinum plan. They admitted that even while the platinum plan seems the most beneficial, some traders may be put off by the fact that it is the most expensive. Nonetheless, the client enjoys a substantial 90 percent profit share and utilizes the platinum plan. Additionally, they stated that they had previously used the standard plan, which they also deemed to be good.
The consumer had a good experience with SabiTrade, praising the outstanding customer service. They had some beginning queries, even though they were seasoned traders, and the support team provided thorough answers. The client conveyed gratitude for the assistance and undoubtedly valued the careful customer service.
Social Media Statistics
5,700 Followers & 5,600 Likes | |
1,484 Followers | |
Telegram | 5,276 Members |
Discord | 3,189 Members |
Customer Support
Live Chat | โ |
[email protected] | |
Phone | โ |
Discord | Discord Link |
Telegram | Telegram Link |
FAQ | FAQ Link |
Supported Languages | English, Spanish, Portuguese, Italian |
Account Opening Process
- Registration Form โ Register with SabiTrade by entering your personal information on the registration form and then accessing your dashboard.
- Choose Your Account โ Choose your account size.
- Choose Your Payment Method โ Once you have successfully used our discount code, you can select between paying with a credit/debit card or cryptocurrency.
Conclusion
In conclusion, SabioTrade is a respectable and reliable proprietary trading company that gives traders the option to select a single funding scheme called the One-step Evaluation.
To be eligible to manage a funded account and receive profit splits ranging from 80% to 90%, SabioTrade One-step Evaluation must be completed in a single phase. To be successfully funded, traders need to hit a 10% profit target. Given that you must adhere to a 3% daily maximum and a 6% maximum trailing loss rule, these are reasonable trading goals. When it comes to time constraints, you are not subject to any minimum or maximum trading day criteria during the assessment phase, so you are free to trade at your own pace. Lastly, it’s important to remember that the One-step Evaluation has a scaling strategy that lets you raise your starting account amount.
I would suggest SabiTrade to anyone looking for a respectable proprietary trading company that offers outstanding trading conditions to a wide variety of people with different trading preferences. An unlimited trading term, no minimum trading day requirements, a high initial profit share of up to 90%, a free trial feature that lets you test the trading conditions, and reasonable evaluation prices in comparison to the industry average are just a few of the special benefits they provide traders. Taking into account all that SabioTrade offers to offer traders worldwide, it is clear that they are a popular option in the prop trading sector.
What are your individual opinions on SabioTrade and the services they offer?
Do they align with the trading conditions and services youโve been seeking?
Let us know if you enjoyed our detailed SabioTrade review by commenting below!
Leave a Reply