Eightcap Challenges rules: drawdown, daily loss and reset time

Eightcap Challenges One Phase: a 10% profit target, a 4% daily loss limit that resets at 18:00 New York time (ET), and an 8% static maximum loss. Eightcap Challenges Two Phase: 9% then 5% profit targets, a 5% daily loss limit that resets at 18:00 New York time (ET), and a 10% static maximum loss. Read from Eightcap Challenges's own rules page and last verified on October 26, 2026.

Verified on against Eightcap Challenges’s own rules: challenges.eightcap.com. Consistry re-reads every firm’s pages weekly.

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Eightcap Challenges rules by program

Eightcap Challenges One Phase

Verified October 26, 2026 · source

Eightcap Challenges One Phase: a 10% profit target, a 4% daily loss limit that resets at 18:00 New York time (ET), and an 8% static maximum loss.

Eightcap Challenges One Phase limits
PhaseProfit targetDaily loss limitMaximum lossMaximum loss type
Rules10%4%8%Static
Daily reset
The daily loss limit resets at 18:00 New York time (ET).
Daily loss calculation
The limit is 4% of the day's opening balance or equity.
Maximum loss
The maximum loss is 8%, static: a fixed floor below the starting balance that never moves.
Minimum trading days
At least 5 trading days. Payout stage: at least 7 trading days per payout, a single day may count for at most 30% of the requested profit (25% for challenges bought before 11 Feb 2026.
Consistency rule
Yes, a 30% best-day rule once funded; none in the evaluation. No best-day rule in the evaluation.
News trading
Restricted on funded accounts only: no opening or closing trades within 10 minutes of high-impact releases. Profit made inside the window is deducted. One Phase and Two Phase, Payout Stage only: no trade executions, opens or closes, within 10 minutes before or after any high-impact news event, data release, tweet or macroeconomic announcement. The FAQ calls a news trade a soft breach: a warning and the loss of the profit from those trades, the account stays active (the rules document's general header reserves termination or withholding the payout for any prohibited act). The FAQ's short answer ('You cannot place trades 10 minutes before or after high-impact events') names no stage; the rules document and the FAQ's prohibited list both limit it to the Payout Stage. The firm points to the FXStreet calendar. Day Trader Challenges (not carried): 5 minutes. source

Program notes. One phase (Assessment): 10% target, reached on equity; at least 5 trading days. Daily loss 4% of the previous day's balance, 8% static max loss of the initial balance, the same once funded. No best-day rule in the evaluation. Payout stage: at least 7 trading days per payout, a single day may count for at most 30% of the requested profit (25% for challenges bought before 11 Feb 2026; the excess is not paid, the account is not failed), and each payout cycle is capped at 5% of the account size (the rest is forfeited when the balance resets). 80% split. The daily limit is a percent of the previous day's balance snapshot and is breached on equity (the firm's example: a $104,000 balance and a 5% limit put the floor at $98,800). The day resets at 01:00 server time (UTC+3 in US summer time, UTC+2 otherwise), 6 PM New York; we take the closed balance at that moment. The max loss is a fixed percent of the initial balance, checked on balance and equity; one FAQ answer describes "floating drawdown" as measured from the highest equity, but the rules document and the max-loss answer both fix the floor to the initial balance, which is carried. No time limit; 30 days without a trade closes the account. A trade must stay open at least 60 seconds to count toward a trading day. Payout stage: same limits, payouts every 14 days (7 or 3 with an add-on), the balance resets to the start after each payout, $100 minimum. News: no opening or closing within 10 minutes of high-impact news in the payout stage (the FAQ calls it a soft breach: profits from those trades are removed). Not allowed: martingale, hedging (including correlated pairs and across accounts), grid, tick scalping, gap trading, arbitrage, copy trading with other users, account management. Up to 10 open trades; 40 lots forex, 10 commodities, 20 indices per trade. $600,000 allocation per trader. Leverage 1:100 forex, 1:20 commodities, 1:30 indices, 1:3 crypto. Commission $5 per lot (crypto free). MT4, MT5, TradeLocker or TradingView (US residents: TradeLocker or TradingView only).

Eightcap Challenges Two Phase

Verified October 26, 2026 · source

Eightcap Challenges Two Phase: 9% then 5% profit targets, a 5% daily loss limit that resets at 18:00 New York time (ET), and a 10% static maximum loss.

Eightcap Challenges Two Phase limits
PhaseProfit targetDaily loss limitMaximum lossMaximum loss type
Phase 19%5%10%Static
Phase 25%5%10%Static
Daily reset
The daily loss limit resets at 18:00 New York time (ET).
Daily loss calculation
The limit is 5% of the day's opening balance or equity.
Maximum loss
The maximum loss is 10%, static: a fixed floor below the starting balance that never moves.
Minimum trading days
Minimum trading days: 3 in Assessment.
Consistency rule
Yes, a 50% best-day rule. Best-day rule, challenges bought after 28 Sep 2026: in the evaluation (Assessment and Qualification) one day counts for at most 50% of the profit target, and once funded for at most 50% of the requested profit.
News trading
Restricted on funded accounts only: no opening or closing trades within 10 minutes of high-impact releases. Profit made inside the window is deducted. One Phase and Two Phase, Payout Stage only: no trade executions, opens or closes, within 10 minutes before or after any high-impact news event, data release, tweet or macroeconomic announcement. The FAQ calls a news trade a soft breach: a warning and the loss of the profit from those trades, the account stays active (the rules document's general header reserves termination or withholding the payout for any prohibited act). The FAQ's short answer ('You cannot place trades 10 minutes before or after high-impact events') names no stage; the rules document and the FAQ's prohibited list both limit it to the Payout Stage. The firm points to the FXStreet calendar. Day Trader Challenges (not carried): 5 minutes. source

Program notes. 9% then 5% (accounts created before 23 Feb 2026: 10% then 8%). Challenges bought after 28 Sep 2026 count the target on the closed balance and need every position closed to pass; older ones count it on equity. Daily loss 5% of the previous day's balance, 10% static max loss of the initial balance, through both phases and the payout stage. Minimum trading days: 3 in Assessment; Qualification is 3 in the rules document and 5 in the FAQ (plan on 5); 5 per payout. Best-day rule, challenges bought after 28 Sep 2026: in the evaluation (Assessment and Qualification) one day counts for at most 50% of the profit target, and once funded for at most 50% of the requested profit; the excess simply does not count. Older challenges: no rule in the evaluation, 35% once funded (30% if bought before 11 Feb 2026). Each payout cycle is capped at 10% of the account size (no cap for accounts created before 11 Feb 2026). 80% split. The daily limit is a percent of the previous day's balance snapshot and is breached on equity (the firm's example: a $104,000 balance and a 5% limit put the floor at $98,800). The day resets at 01:00 server time (UTC+3 in US summer time, UTC+2 otherwise), 6 PM New York; we take the closed balance at that moment. The max loss is a fixed percent of the initial balance, checked on balance and equity; one FAQ answer describes "floating drawdown" as measured from the highest equity, but the rules document and the max-loss answer both fix the floor to the initial balance, which is carried. No time limit; 30 days without a trade closes the account. A trade must stay open at least 60 seconds to count toward a trading day. Payout stage: same limits, payouts every 14 days (7 or 3 with an add-on), the balance resets to the start after each payout, $100 minimum. News: no opening or closing within 10 minutes of high-impact news in the payout stage (the FAQ calls it a soft breach: profits from those trades are removed). Not allowed: martingale, hedging (including correlated pairs and across accounts), grid, tick scalping, gap trading, arbitrage, copy trading with other users, account management. Up to 10 open trades; 40 lots forex, 10 commodities, 20 indices per trade. $600,000 allocation per trader. Leverage 1:100 forex, 1:20 commodities, 1:30 indices, 1:3 crypto. Commission $5 per lot (crypto free). MT4, MT5, TradeLocker or TradingView (US residents: TradeLocker or TradingView only).

What Eightcap Challenges says

These sentences are copied from Eightcap Challenges’s own pages and stored next to the numbers above. Each links to the page it came from.

Maximum loss type · Eightcap Challenges One Phase and Eightcap Challenges Two Phase
“The Max Drawdown is a fixed percentage of the initial balance, calculated as:”

Source: challenges.eightcap.com

Maximum loss · Eightcap Challenges One Phase and Eightcap Challenges Two Phase
“Initial Balance × Limit% / 100, setting the maximum allowable loss in account value (balance or equity).”

Source: challenges.eightcap.com

Daily loss limit · Eightcap Challenges One Phase and Eightcap Challenges Two Phase
“The Daily Drawdown limit is a percentage of the previous day's balance snapshot, calculated using the formula below (Balance-Based Daily Drawdown):”

Source: challenges.eightcap.com

When the trading day resets · Eightcap Challenges One Phase and Eightcap Challenges Two Phase
“Please note that the Daily Drawdown resets one hour after the start of each new trading day (01:00 UTC+3 / UTC+2).”

Source: challenges.eightcap.com

Eightcap Challenges rules, questions answered

Does Eightcap Challenges have a trailing drawdown?

All Eightcap Challenges programs: No. The maximum loss is static: a fixed floor below the starting balance that never moves.

When does the daily loss limit reset at Eightcap Challenges?

All Eightcap Challenges programs: The daily loss limit resets at 18:00 New York time (ET).

How is the daily loss limit calculated at Eightcap Challenges?

Eightcap Challenges One Phase: The limit is 4% of the day's opening balance or equity. Eightcap Challenges Two Phase: The limit is 5% of the day's opening balance or equity.

Does Eightcap Challenges have a consistency rule?

Eightcap Challenges One Phase: Yes, a 30% best-day rule once funded; none in the evaluation. No best-day rule in the evaluation. Eightcap Challenges Two Phase: Yes, a 50% best-day rule. Best-day rule, challenges bought after 28 Sep 2026: in the evaluation (Assessment and Qualification) one day counts for at most 50% of the profit target, and once funded for at most 50% of the requested profit.

What is the minimum number of trading days at Eightcap Challenges?

Eightcap Challenges One Phase: The program notes state: At least 5 trading days. Payout stage: at least 7 trading days per payout, a single day may count for at most 30% of the requested profit (25% for challenges bought before 11 Feb 2026. Eightcap Challenges Two Phase: The program notes state: Minimum trading days: 3 in Assessment.

Can I trade news at Eightcap Challenges?

All Eightcap Challenges programs: Restricted on funded accounts only: no opening or closing trades within 10 minutes of high-impact releases. Profit made inside the window is deducted. One Phase and Two Phase, Payout Stage only: no trade executions, opens or closes, within 10 minutes before or after any high-impact news event, data release, tweet or macroeconomic announcement. The FAQ calls a news trade a soft breach: a warning and the loss of the profit from those trades, the account stays active (the rules document's general header reserves termination or withholding the payout for any prohibited act). The FAQ's short answer ('You cannot place trades 10 minutes before or after high-impact events') names no stage; the rules document and the FAQ's prohibited list both limit it to the Payout Stage. The firm points to the FXStreet calendar. Day Trader Challenges (not carried): 5 minutes.

Tracking Eightcap Challenges rules automatically

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Rules change and firms run promotions. Everything on this page is re-checked weekly and dated, but the account you are trading is the final word: confirm the live numbers in your Eightcap Challenges dashboard before you rely on them.