SabioTrade is a well-established prop firm based in Dublin, Ireland, that funds successful traders up to $200k with a 90% maximum profit split. This platform offers various tariffs, starting from $119 to $939, so traders can choose the evaluation that best suits their budget and trading goals.
In this complete review, we'll explore Sabiotrade's offerings, from its unique features to its trading conditions.
SabioTrade Company Overview
SabioTrade is a cutting-edge proprietary trading firm that's changing the way traders access capital and develop their skills. With a focus on empowering traders of all levels, SabioTrade offers a range of features that set it apart from the competition. Let's give you some basic information about this platform:
- Based in Dublin, Ireland
- Founded by Aziz Rahimtoola
- Funded accounts ranging from $20,000 to $200,000
- Challenge prices ranging from $119 to $939
Whether you're a beginner looking to kickstart your trading career or an experienced trader seeking to scale your profits, SabioTrade provides the tools, resources, and capital you need to succeed in the world of financial markets.
SabioTrade Prop Firm Summary of Specifications
Let's break down the key specifications that make SabioTrade stand out:
Account currency | USD |
Minimum price | $119 |
Maximum leverage | 1:30 |
Maximum profit split | 90% |
Instruments | Forex, metals, stocks, crypto |
Assets | EUR/USD, gold, AAPL, BTC |
Evaluation steps | 1-phase |
Trading platform | Propriety platform |
Withdrawal methods | Bank wired |
Maximum fund size | $200k |
First profit target | 10% |
Maximum daily loss | 5% |
Challenge time limit | Unlimited |
News trading | Yes |
Maximum total drawdown | 6% |
Commission per round lot | N/A |
Trust pilot score | 4.3 out of 5 |
Payout frequency | Weekly |
Established country | Ireland |
Established year | N/A |
SabioTrade Pros & Cons
Let's weigh the advantages and disadvantages of trading with SabioTrade:
Benefits | Drawbacks |
Extensive educational resources through Sabio Academy | Relatively high challenge prices |
Access to over 250 trading assets | Low maximum drawdown |
Weekly payouts | |
High profit split (up to 90%) | |
No minimum trading days |
SabioTrade Prop Firm Funding and Challenge Price
Sabiotrade's funding program, known as the One-step Evaluation, is designed to be straightforward and achievable. Here are the various account sizes and their prices:
Account size | $20k | $50k | $100k | $200k |
Price | $119 | $289 | $479 | $939 |
SabioTrade offerings enable traders to choose the best account type that suits their trading needs and experience.
SabioTrade Prop Firm Evaluation Details
The evaluation process at Sabiotrade is designed to be easy to understand even for beginner traders:
Account size | $20k | $50k | $100k | $200k |
Profit target | 10% | |||
Daily loss limit | 5% | |||
Maximum trailing drawdown | 6% | |||
Maximum leverage | 1:30 | |||
Minimum trading days | 0 | |||
Payout frequency | Weekly | |||
Profit split | 80% | 90% | ||
Price | $119 | $289 | $479 | $939 |
Although the SabioTrade challenge structure is simple, passing them is quite challenging and ensures only skilled traders can pass them.
It's worth mentioning that SabioTrade also has pro plans that offer fixed initial balance accounts for traders who need vast amounts of education resources to learn everything about prop trading.
SabioTrade Prop Bonuses and Discounts
SabioTrade regularly offers special promotions on their social media pages, including Instagram and Facebook, making their services even more attractive. This platform offers a limited offer to save 22% on SabioTrade Pro to learn and execute prop firm trading secrets from professional mentors at a discounted price.
Instruments & Symbols Available to Trade on SabioTrade
Sabiotrade offers a diverse range of over 250 trading instruments:
- Forex: Major, minor, and exotic currency pairs
- Stocks: US, European, and Asian equities
- Commodities: Gold, silver, oil, natural gas, and more
- Indices: S&P 500, NASDAQ, FTSE 100, DAX, and others
- ETFs: Various sector and market-specific exchange-traded funds
- Cryptocurrencies: Bitcoin, Ethereum, and other popular digital assets
This wide selection allows traders to diversify their portfolios and take advantage of opportunities across multiple markets.
SabioTrade Prop Firm Payment Methods
Sabiotrade supports a variety of payment methods for deposits, including:
- Credit/Debit Cards: Visa, Mastercard, American Express
- Cryptocurrencies: Bitcoin, Ethereum, and other major coins
- Google and Apple Pay
Unfortunately, SabioTrade only offers bank-wired withdrawals, which is a major drawback for this platform.
Sabiotrade Prop Commission & Costs
Sabiotrade prides itself on transparent and competitive pricing:
- One-time evaluation fee (refundable with the first payout)
- No hidden commissions on trades
- Competitive spreads starting from 1.3 pips on major Forex pairs
- Overnight fees apply for positions held beyond the trading day
- No withdrawal fees (third-party fees may apply)
Sabiotrade Trust Scores
SabioTrade has earned an impressive reputation among its users:
Source | Score | Link |
Trustpilot | 4.3/5 | |
Reviews.io | 4.3/5 |
These strong trust scores reflect Sabiotrade's commitment to providing a reliable and trustworthy trading environment.
Sabiotrade Prop Customer Support
Sabiotrade offers comprehensive customer support to ensure traders have the assistance they need:
- live chat: Available on Traderoom
- Email support: Support@sabiotrade.com
- Discord support: Community forums for peer-to-peer support
- Instagram and Facebook support: Contact SabioTrade support in DM's
Sabiotrade Prop Social Media Channels
Stay connected with Sabiotrade through their active social media presence:
- Discord: https://discord.com/invite/hgMTA62ZET
- Telegram: https://t.me/sabiotrade
- Facebook: https://www.facebook.com/sabiotrade/
- Twitter: https://x.com/sabiotrade
- Instagram: https://www.instagram.com/sabiotrade/
Engaging with Sabiotrade's social media channels provides additional resources and keeps you connected with the trading community.
TF Expert Suggestion
As an Ireland-based prop firm, Sabiotrade stands out as a comprehensive solution that combines generous funding (up to $200k), extensive education through SabioTrade Academy, and a supportive community.
With its transparent rules, including 10% profit target, 5% maximum daily loss, and 6% maximum trailing drawdown SabioTrade ensures only professional traders that can make sustainable profits can the pass challenges.
Ultimately, You should decide whether SabioTrade is suitable to your needs by comparing its offerings with other prop trading platforms.
