SabioTrade rules condition profit target of 10%, a daily loss limit of 3%, and a max trailing drawdown of 6%. Failure to open 1 single trade within 30 days may result in account closure.
Traders must adhere to HFT restrictions, use automated trading systems that comply with SabioTrade rules, and avoid hedging.
SabioTrade Rule Topics
As with any platform, SabioTrade Prop Firm has certain policies for trading; Crucial aspects of SabioTrade’s rules:
- Challenge Rules
- HFT (Not Allowed)
- Automated Trading Systems
- Overnight and Over the Weekend Trading
- Hedging
- Inactivity Rules
- Scalping or HFT (Not Allowed)
- Payout Rules
- Violation Penalties
SabioTrade Challenge Rules
The firm offers 4 main plans, each with different limits; SabioTrade Evaluation Conditions:
Features | Standard | Premium | Gold | Platinum |
Profit Target | 10% | 10% | 10% | 10% |
Daily Loss Limit | 3% | 3% | 3% | 3% |
Max Trailing Drawdown | 6% | 6% | 6% | 6% |
Profit Payout | 80% | 80% | 80% | 90% |
As you can see, the Platinum plan has the highest profit-share.
High-frequency Trading on SabioTrade
High-frequency trading (HFT) is strictly prohibited on SabioTrade; compliance with this rule is mandatory to maintain a valid account.
SabioTrade Automated Trading Systems
Traders are allowed to use “their own” automated trading systems and algorithms, provided they comply with SabioTrade’s platform rules; if you use EAs, make sure they follow the conditions.
Overnight and Over the Weekend Trading in SabioTrade
Overnight trading is allowed on all accounts; For weekend trading, positions must be closed by Friday, 3:45 pm EST unless the account type permits holding trades over the weekend.
SabioTrade Hedging
Hedging is not permitted on SabioTrade accounts; All positions should be managed without offsetting trades.
Inactivity Rules in SabioTrade
The firm also places some limits on inactivity days; SabioTrade Inactivity Conditions:
- You must place at least 1 trade per month;
- Accounts inactive for longer periods will face closure or suspension.
SabioTrade Scalping or HFT (Not Allowed)
Scalping and high-frequency trading (HFT) strategies are forbidden on SabioTrade. Traders should focus on slower, more deliberate trading strategies that align with the platform’s policies.
Payout Rules Set by SabioTrade
Payouts are processed weekly; traders can expect withdrawals to be completed within 24 hours.
SabioTrade Violation Cases
Based on the breach type, trades face different penalties; SabioTrade Violation Consequences:
- Hard breaches (e.g., exceeding daily loss limit or max trailing drawdown) will result in account closure;
- Other violations will lead to the closing of the offending trades, not account termination.
Writer’s Opinion and Conclusion
SabioTrade Rules allow EAs and news trading (no excessive trades.) Profit payouts are processed weekly, with withdrawals completed within 24 hours, offering 80% for most plans and 90% for Platinum.
Positions must be closed by 3:45 pm EST on weekends unless specified otherwise for certain accounts. For more articles, read SabioTrade Tutorials.
