Eightcap CEO: Prop Trading Adds Crypto, Faster Payouts

Adam Bock, CEO of Eightcap Challenges, said in an online AMA that the firm will add futures trading, launch a crypto-only challenge and introduce a new trading platform in 2026. The company plans faster crypto-friendly payouts and profit splits that range from 80% to 90% for traders who reach the funded stage.

The firm operates a challenge-based prop trading model. Traders pay an entry fee to run a simulated evaluation account, must meet profit targets and follow risk rules during evaluation, then receive a funded account with real capital if they pass. Funded traders keep most of the profit earned in the funded stage, after the agreed split.

Eightcap Challenges is broker-owned by Eightcap, a regulated CFD broker with licenses including ASIC, FCA and CySEC. The platform offers execution via MT4, MT5, TradingView or TradeLocker and provides access to roughly 150 crypto pairs. Eightcap described its broker-owned infrastructure as providing faster execution and lower slippage compared with firms that use third-party bridges.

The company has several challenge formats. The Day Trader Challenge runs from one to eight hours, with entry fees from $5 to $500 and risk multipliers of 2x, 5x or 10x to adjust difficulty; payouts for successful Day Trader entries are available the next day. One Phase and Two Phase challenges remain available for larger accounts and different rule sets. An example cited was a $100,000 One Phase account purchased for $659, carrying a 10% profit target, an 8% maximum drawdown and a minimum of five trading days during evaluation.

Payouts are designed to be crypto-friendly. Traders update wallet details in a dashboard and request withdrawals once targets are met. Risk staff review trading histories and, if rules were followed, payouts typically process within 24 to 48 hours to the nominated wallet. Stablecoins are accepted for deposits and payouts, and the firm publishes payout certificates on-chain in real time to record transactions.

Add-ons include a Profit Split Add-On to raise the funded-stage share to 90%, Early Payout options that shorten withdrawal timing to three or seven days instead of 14, and an Insurance product that gives traders a second chance after a failed evaluation. The company offered a promotion: purchases of $200 or more qualify for a free Two-Phase $5,000 Challenge account with code BEINCRYPTO5K.

Bock emphasized clear rules and trader discipline as central to the evaluation design. “The company provides the funds. The trader provides the skill,” he said, and highlighted the platform’s published rules, educational resources and an active community channel. He also noted that execution speed matters in volatile crypto markets, where delays measured in milliseconds can affect fills and risk limits.