SabioTrade Prop Trading Firm Review
SabioTrade is a prop trading platform offering up to $200,000 in funding with payouts up to 90%. We explore its features, advantages, and drawbacks for traders.
Our Rating
Minimum Fee
$50
Max Payout
Up to 90%
Demo Account
Available ($10,000)
Regulation
None
Try a 7-day free demo account with $10,000
Pros
Low Entry Barrier
One-time evaluation fee starting at $50 and a free 7-day demo account.
High Profit Share
Up to 90% profit share for traders on Platinum accounts.
Educational Resources
Videos, webinars, Telegram channel, and SabioTrade Academy.
Flexible Evaluation
One-step evaluation with no time limits.
Cons
Lack of Regulation
SabioTrade is not regulated by financial authorities.
Limited Withdrawal Options
Withdrawals are only available via bank transfer or cryptocurrency.
Support Complaints
Some users report slow responses from customer support.
In-Depth SabioTrade Review
Regulation and Security
SabioTrade, established in 2021 in Dublin, Ireland, is a prop trading firm that does not hold client deposits and provides its own capital. It is not regulated by financial authorities but employs data encryption and KYC verification (passport and proof of address). The lack of regulation increases risks, so traders should exercise caution.
Trading Assets
SabioTrade offers access to over 250 CFD instruments, including:
Forex
EUR/USD, GBP/JPY, etc.
Cryptocurrencies
BTC, ETH, etc.
Stocks
AAPL, TSLA, etc.
Commodities & Indices
Gold, NASDAQ, etc.
Trading is available Monday through Friday, but some accounts do not allow holding positions over weekends.
Trader's Toolkit
Platform Type: Proprietary SabioTraderoom platform based on QuadCode, accessible via web, desktop, and mobile apps (iOS, Android).
Charts and Analysis: Over 100 technical indicators (RSI, MACD), candlestick charts, and market signals via Telegram.
Special Features: SabioTrade Academy with educational videos and webinars, support for automated trading systems (EA) when rules are followed.
Mobile App: Fully functional app with fast order execution and access to analytics.
Cost Breakdown: Fees and Payouts
SabioTrade charges a one-time evaluation fee, has no monthly fees, but retains a profit share of 10–30%.
| Fee Type | Rate/Cost | Conditions/Notes | Our Assessment |
|---|---|---|---|
| Evaluation Fee | $50–$939 | One-time, refunded after first payout. | Low |
| Profit Share | 10–30% | 70–90% of profits go to the trader. | Moderate |
| Spreads | From 0.9 pips | For EUR/USD, varies by asset. | Low |
| Overnight (Swap) | Varies by asset | For positions held overnight. | Moderate |
| Withdrawal Fee | 0% | Bank may charge its own fees. | Low |
| Inactivity Fee | 0% | Requires at least one trade every 30 days. | Low |
Fee Summary: SabioTrade offers a transparent fee structure with no hidden costs. The evaluation fee is refundable, and tight spreads with no withdrawal fees make it competitive.
Fund Management: Deposits and Withdrawals
SabioTrade supports multiple payment methods for evaluation fees, but profit withdrawals are limited to bank transfers and cryptocurrencies.
| Method | Deposit | Withdrawal | Broker Fees | Min. Deposit | Min. Withdrawal |
|---|---|---|---|---|---|
| Visa/Mastercard | 0% | $50 | - | ||
| Google Pay/Apple Pay | 0% | $50 | - | ||
| Cryptocurrencies | 0% | $50 | $1 | ||
| Bank Transfer | 0% | $50 | $1 |
Note: Withdrawals take up to 24 hours, but banks may charge additional fees. There is no minimum withdrawal amount. Traders receive 70–90% of profits depending on account type.
Our Conclusion
SabioTrade is an excellent choice for traders seeking funded accounts with low costs and a flexible evaluation process. The SabioTraderoom platform and extensive educational resources are ideal for beginners, but the lack of regulation and limited withdrawal options require caution. We recommend starting with the demo account.
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