Eightcap Challenges Payouts

Eightcap Challenges advertises a profit split of up to 90%. Payout frequency: one payout per cycle on the Payout stage of One Phase and Two Phase challenges after a 14-day wait (7 days with the Earlier Payout add-on, 3 days with 3 Day Payout), with the balance reset after each approved payout; each cycle's payout is capped at 5% of the initial balance on One Phase and 10% on Two Phase (no cap on Two Phase accounts created before February 11). Minimum payout: $100 after the profit split on One Phase and Two Phase challenges. Processing time: typically within 2 business days; international bank transfers may take a further 4-5 business days to arrive.

How often Eightcap Challenges pays, how soon after funding, the smallest amount it pays and how long a payout takes, as its own payout pages state them.

In Eightcap Challenges's words

Payout frequency: “For the One Phase challenge, the profit cap is 5% of your initial balance.” challenges.eightcap.com

First payout: “The payout waiting period is 14 days when you are on the Payout stage.” challenges.eightcap.com

Minimum payout: “The minimum payout amount is $100 after the profit split.” challenges.eightcap.com

Processing time: “Payouts are typically processed within 2 business days.” challenges.eightcap.com

Eightcap Challenges advertises a profit split of up to 90%. An advertised maximum can depend on the plan, a scaling stage or an add-on, so check which split applies to the account you buy.

In Eightcap Challenges's words

Profit split: “Profit Split: Keep 90% of profits instead of 80%.” challenges.eightcap.com

Plan figures: “Experience simulated trading with a challenge that's right for you.” challenges.eightcap.com

Eightcap Challenges lists 4 payout methods. Availability often depends on your country, as the notes in brackets show where the firm states it.

In Eightcap Challenges's words

Payout methods: “Yes. When submitting your payout, you can choose to receive payment in cryptocurrency or via bank wire transfer.” challenges.eightcap.com

Charges Eightcap Challenges publishes on taking a payout.

In Eightcap Challenges's words

Fees: “Bank Wire: A flat $50 fee per transaction.” challenges.eightcap.com

No refunds on challenge fees; a wrong purchase can be switched to another challenge type or given a coupon toward a larger account.

In Eightcap Challenges's words

Refund policy: “At Eightcap Challenges, we do not provide refunds for challenge access fees.” challenges.eightcap.com

These were not stated on the pages of Eightcap Challenges's site we read. They may be published somewhere we did not look, which makes them the questions to put to its support desk before paying.