SabioTrade
Official website: sabiotrade.com
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Rules
Rules change: check them at the source.
Firm official website: sabiotrade.com How these rules are verified
assessment
- Profit target – 100k
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10% ($10,000)
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Profit Target 10% ($10,000)
- Profit target – 20k
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10% ($2,000)
sabiotrade.com (new tab)Exact quote
Profit Target 10% ($2,000)
- Max drawdown: value – 100k
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6% ($6,000)
sabiotrade.com (new tab)Exact quote
Max Trailing Drawdown 6% ($6,000)
- Max drawdown: value – 20k
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6% ($1,200)
sabiotrade.com (new tab)Exact quote
Max Trailing Drawdown 6% ($1,200)
- Daily loss: value – 100k
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5% ($5,000)
sabiotrade.com (new tab)Exact quote
Daily Loss Limit 5% ($5,000)
- Daily loss: value – 20k
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5% ($1,000)
sabiotrade.com (new tab)Exact quote
Daily Loss Limit 5% ($1,000)
- Profit split
- Different values on the firm's pages
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80%
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Essential $119 Get funded [...] Profit Payout 80%
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90%
sabiotrade.com (new tab)Exact quote
Advanced $479 Get funded [...] Profit Payout 90%
General
- Legal entity
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CODEVIL IT ENGINEERING LIMITED, Ireland, company registration number 680139, 2C Grangegorman Lower, Smithfield, Dublin, Ireland, D07 A433
sabiotrade.com (new tab)Exact quote
Legal entity: CODEVIL IT ENGINEERING LIMITED [...] Company registration number: 680139 Registered office: 2C Grangegorman Lower, Smithfield, Dublin, Ireland, D07 A433
- Max drawdown: type
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Trailing (includes unrealized PnL)
sabiotrade.com (new tab)Exact quote
Unrealized PnL (equity, or the value of open positions) also counts towards this limit, not only closed balance
- Time limit (days)
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No maximum time limit
sabiotrade.com (new tab)Exact quote
There's no maximum time limit for completing the assessment. Traders can take as long as they need.
- Account inactivity
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30 consecutive days
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Accounts inactive for 30 consecutive days may be deactivated.
- Consistency rule
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55% of plan target profit
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Your progress from a single day cannot exceed 55% of your plan target profit.
- Expert advisors (EA)
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strictly prohibited unless expressly approved in writing
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The use of any automated or semi-automated system is strictly prohibited unless expressly approved in writing by SabioTrade.
- Weekend holding
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able to keep positions open during the weekend
sabiotrade.com (new tab)Exact quote
Traders will be able to keep their positions open during the weekend
- Hedging
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prohibited
sabiotrade.com (new tab)Exact quote
Hedging and/or Cross-Account Hedging, Scalping, High-Frequency Trading (HFT)
- Leverage
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Forex 1:30
sabiotrade.com (new tab)Exact quote
Forex 1:30
- Payout frequency
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weekly
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Traders will be able to withdraw their profit weekly
- Other fees
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no refunds on any Services purchased
sabiotrade.com (new tab)Exact quote
There are no refunds on any Services purchased from the Company.
- Terms (URL)
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https://sabiotrade.com/terms
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