SabioTrade
SabioTrade prop trading firm review: pros, cons, and what traders should know
SabioTrade is a proprietary trading firm that empowers traders by providing access to funded accounts, eliminating the need to risk personal capital. Established in 2023, the firm offers funding levels ranging from $20,000 to $650,000, with traders keeping up to 90% of their profits.
SabioTrade stands out with its refundable evaluation fee, meaning traders get their initial payment back after their first profit withdrawal. The platform supports trading across 250+ assets, including forex, commodities, cryptocurrencies, and stocks, ensuring diverse opportunities. Unlike many competitors, SabioTrade imposes no minimum trading days, allowing traders to progress at their own pace. Additionally, positions can be held over weekends, and weekly payouts ensure consistent profit withdrawals.
Backed by Quadcode Solutions (the technology behind IQ Option), SabioTrade delivers a smooth trading experience via web, desktop, and mobile platforms. While the firm itself is not regulated, it operates under CODEVIL IT ENGINEERING LIMITED, a registered entity in Ireland, adding a layer of credibility.
SabioTrade: safety and regulations
SabioTrade is a legal service provider owned by CODEVIL IT ENGINEERING LIMITED, a company registered in Ireland under number 680139 with its office at 2c, Grangegorman Lower, Smithfield, Dublin, D07a433. Established in 2023, SabioTrade operates as a proprietary trading firm, meaning it funds traders’ accounts, eliminating financial risk for its users since they are not trading with their own capital.
Platform and provider
SabioTrade’s trading platform is powered by Quadcode Solutions, a well-known technology provider that also supports IQ Option, a globally recognized trading platform with over a decade of experience in the industry.
Regulatory status
Unlike traditional brokers, SabioTrade does not require a brokerage license from financial regulators because it operates as a proprietary trading firm rather than a broker. This means:
- It does not hold client funds for trading.
- Traders use SabioTrade’s capital, not their own.
- Since users are not depositing money, the firm is not subject to the same regulatory requirements as forex or CFD brokers.
While SabioTrade itself is not regulated as a financial services provider, its parent company, CODEVIL IT ENGINEERING LIMITED, is a legally registered entity in Ireland, which adds a layer of transparency. However, traders should be aware that proprietary trading firms operate under different legal frameworks compared to regulated brokers.
SabioTrade: assets to trade and invest
SabioTrade offers traders a wide variety of financial instruments, allowing them to diversify their strategies across multiple markets. With over 250 assets available, traders can access everything from traditional forex and commodities to modern cryptocurrencies and ETFs.
Key trading instruments available on SabioTrade
- Commodities – Trade popular assets like gold, silver, oil, and natural gas, benefiting from market volatility in raw materials.
- Forex (currencies) – Access major, minor, and exotic currency pairs, including EUR/USD, GBP/JPY, and more, with competitive spreads.
- Cryptocurrencies – Trade leading digital assets like Bitcoin (BTC), Ethereum (ETH), and other altcoins, taking advantage of crypto market movements.
- ETFs (Exchange-Traded Funds) – Invest in diversified portfolios through ETFs, gaining exposure to sectors, industries, or entire markets.
- Indices – Trade global indices such as the S&P 500, NASDAQ, and FTSE 100, speculating on the overall performance of major economies.
- Stocks – Buy and sell shares of top companies like Apple, Tesla, and Amazon, capitalizing on stock market trends.
SabioTrade: account types (tariffs)
SabioTrade offers a structured tiered account system, allowing traders to select a funding level that matches their skills and ambitions. Each account type comes with specific trading conditions, profit splits, and risk parameters, ensuring flexibility for traders at different experience levels.
Available account tiers:
SabioTrade: Essential account
- Initial balance: $20,000
- One-time fee: €119 (100% refundable after first payout)
- Leverage: 1:30
- Profit target: 10% ($2,000)
- Daily loss limit: 5% ($1,000)
- Max trailing drawdown: 6% ($1,200)
- Profit payout: 80%
- Payout frequency: Weekly
- Hold positions over the weekend: ✅ Yes
- Minimum trading days: 0
- Max time for assessment: No time limit
Best for: Beginners and traders looking to start with a smaller funded account.
SabioTrade: Plus account
- Initial balance: $50,000
- One-time fee: €289 (refundable after first payout)
- Leverage: 1:30
- Profit target: 10% ($5,000)
- Daily loss limit: 5% ($2,500)
- Max trailing drawdown: 6% ($3,000)
- Profit payout: 80%
- Payout frequency: Weekly
- Hold positions over the weekend: ✅ Yes
- Minimum trading days: 0
- Max time for assessment: No time limit
Best for: Intermediate traders ready for a larger capital allocation.
SabioTrade: Advanced account
- Initial balance: $100,000
- One-time fee: €479 (refundable after first payout)
- Leverage: 1:30
- Profit target: 10% ($10,000)
- Daily loss limit: 5% ($5,000)
- Max trailing drawdown: 6% ($6,000)
- Profit payout: 90%
- Payout frequency: Weekly
- Hold positions over the weekend: ✅ Yes
- Minimum trading Days: 0
- Max time for assessment: No time limit
Best for: Experienced traders seeking higher profit splits and more capital.
SabioTrade: Ultimate account
- Initial balance: $200,000
- One-time fee: €939 (refundable after first payout)
- Leverage: 1:30
- Profit target: 10% ($20,000)
- Daily loss limit: 5% ($10,000)
- Max trailing drawdown: 6% ($12,000)
- Profit payout: 90%
- Payout frequency: Weekly
- Hold positions over the weekend: ✅ Yes
- Minimum trading Days: 0
- Max time for assessment: No time limit
Best for: Professional traders who want significant capital and higher profit retention.
SabioTrade: Prime account
- Initial balance: $650,000
- One-time fee: €2,989 (refundable after first payout)
- Leverage: 1:30
- Profit target: 10% ($65,000)
- Daily loss limit: 5% ($32,500)
- Max trailing drawdown: 6% ($39,000)
- Profit payout: 90%
- Payout frequency: Weekly
- Hold positions over the weekend: ✅ Yes
- Minimum trading days: 0
- Max time for assessment: No time limit
Best for: Elite traders and professionals managing large accounts.
Key features across all accounts:
✔ Refundable fees – The one-time fee is fully refunded after your first profit payout.
✔ No minimum trading days – Start trading immediately with no mandatory waiting period.
✔ Weekly payouts – Receive profits weekly, ensuring consistent cash flow.
✔ Weekend holding allowed – No restrictions on holding trades over weekends.
✔ Flexible trading conditions – All accounts come with 1:30 leverage and clear risk limits.
Demo account for practice and strategy testing
In addition to its funded accounts, SabioTrade offers a demo account feature, allowing traders to practice strategies and familiarize themselves with the platform risk-free. The demo environment mirrors live market conditions, providing an ideal testing ground for refining techniques before transitioning to funded trading. This feature is especially valuable for new traders seeking to build confidence or experienced traders looking to experiment with new approaches.
Which account should you choose?
- New traders: Start with the Essential ($20K) or Plus ($50K) accounts.
- Experienced traders: Opt for Advanced ($100K) or Ultimate ($200K) for better profit splits.
- Professional traders: The Prime ($650K) account offers the highest capital and payout potential.
SabioTrade: platforms
SabioTrade provides traders with a versatile suite of trading platforms, ensuring optimal performance whether trading on desktop, web, or mobile. The company’s flagship platform, SabioTraderoom, is powered by QuadCode, the same technology behind industry leaders like IQ Option, ensuring a smooth, reliable, and feature-rich trading experience.
1. Web trading platform
- Browser-based access – Trade directly from any web browser without downloads.
- Full functionality – Includes real-time charts, order management, and account analytics.
- Cross-device compatibility – Works seamlessly on Windows, Mac, and Linux.
- Ideal for: Traders who prefer quick access without software installation.
2. Desktop application
- Available for Windows and Mac – Downloadable from the SabioTraderoom dashboard.
- Enhanced performance – Faster execution, advanced charting tools, and customizable layouts.
- Professional features – Supports multi-window setups, technical indicators, and in-depth analytics.
- Ideal for: Active traders who need a powerful, stable platform for in-depth market analysis.
3. Mobile trading app
- Optimized for iOS and Android – Trade anytime, anywhere with a streamlined interface.
- Lightweight and efficient – Works smoothly even with a weak internet connection.
- Core trading features – Execute trades, monitor positions, and track performance on the go.
- Multilingual support – Available in multiple languages for global accessibility.
- Ideal for: Traders who need flexibility and mobility without sacrificing functionality.
Key features of SabioTraderoom
✔ User-friendly interface – Intuitive design for both beginners and professionals.
✔ Real-time market data – Live price feeds and instant order execution.
✔ Advanced charting tools – Multiple timeframes, technical indicators, and drawing tools.
✔ Risk management controls – Stop-loss, take-profit, and trailing stop features.
✔ Seamless account management – Monitor performance, withdrawals, and trading history in one place.
SabioTrade: fees and commissions
SabioTrade maintains a clear and straightforward fee structure, ensuring traders can focus on their strategies without worrying about hidden costs. The platform operates with no monthly account fees, no inactivity penalties, and no withdrawal charges, making it an attractive choice for funded traders.
Key fee structure overview
1. One-time evaluation fee (refundable)
- Cost: Starts at $99 for the $20,000 Essential account, scaling up with higher-tier accounts.
- Fully Refundable: The fee is reimbursed after the trader’s first profit withdrawal, effectively making the program risk-free upon success.
2. Trading costs
- Spreads: Variable spreads apply, depending on market conditions and the asset traded.
- Overnight fees (swaps): Charged on positions held past the trading day, deducted from the account balance (no out-of-pocket cost).
- No commissions: SabioTrade does not charge per-trade commissions.
3. Profit sharing
- Standard accounts (Essential and Plus): Traders keep 80% of profits.
- Premium accounts (Advanced, Ultimate, Prime): Profit share increases to 90%.
- Withdrawals: No additional fees—only the profit split applies.
4. No hidden or extra fees
✅ No account maintenance fees
✅ No inactivity fees
✅ No withdrawal fees
✅ No currency conversion fees
✅ No futures/CFT fees (since futures trading is not offered)
SabioTrade: fund deposits and withdrawals
Once you pass the evaluation and start earning profits, SabioTrade ensures fast and reliable withdrawals:
- Bank transfer (wire transfer) – The primary withdrawal method, directly to your registered bank account.
- No withdrawal fees – SabioTrade does not deduct any charges when you cash out.
- Profit share applies – Depending on your account tier, you keep 80%-90% of profits.
Withdrawal process:
- Request a payout from your trader dashboard.
- Verification (if required for security).
- Processing time – Typically completed within 3-5 business days.
- Funds arrive in your bank account.
Note: Withdrawals are only available after passing the evaluation phase and meeting profit targets.
SabioTrade: education and support
SabioTrade distinguishes itself from other proprietary trading firms by offering a robust educational framework and reliable support channels designed to help traders develop their skills and navigate the markets effectively.
📘 SabioTrade Academy: comprehensive trading education
SabioTrade provides traders with structured learning materials and practical tools through its dedicated academy, which includes:
- Beginner to advanced trading guides – Covering technical analysis, risk management, and strategy development.
- Video tutorials and step-by-step walkthroughs – Helping traders understand platform features and trading techniques.
- Free 7-day demo account – Allows practice in a risk-free environment before trading with real capital.
- Live training sessions and webinars – Hosted by experienced traders, focusing on market trends and strategy refinement.
- 100+ technical indicators and charting tools – Enabling in-depth market analysis.
- 1-on-1 mentorship (for Premium accounts) – Personalized coaching for traders seeking accelerated growth.
🌐 Community and peer learning
SabioTrade fosters a collaborative trading environment through:
- An active Discord community – Where traders discuss strategies, share insights, and receive peer support.
- Regular market discussions and Q&A sessions – Keeping traders updated on the latest trends.
🛎️ Customer support: quick and reliable assistance
SabioTrade ensures traders have access to responsive support through multiple channels:
- Live chat (in traderoom) – Instant help for urgent queries.
- Email support – Detailed assistance via [email protected].
- Discord Community Support – Peer discussions and official moderator responses.
- Social Media Assistance (Instagram & Facebook DMs) – Quick replies for general inquiries.
SabioTrade: final verdict and account opening guide
SabioTrade stands out as a transparent, trader-friendly proprietary trading firm with several key advantages:
✅ No personal capital risk – Trade with SabioTrade’s funds, not your own.
✅ Refundable evaluation fee – Get your initial fee back after your first payout.
✅ Flexible account tiers – Choose from $20K to $650K funding levels.
✅ 80%-90% profit split – Higher earnings for successful traders.
✅ Strong education and support – Free academy, live training, and responsive help.
✅ No hidden fees – No withdrawal, inactivity, or account maintenance charges.
Best for:
- Traders who want funded accounts without personal risk.
- Beginners & intermediates looking for structured learning resources.
- Professionals seeking high capital allocations (up to $650K).
How to open a SabioTrade account (step-by-step guide)
Getting started is quick and easy:
1️⃣ Visit SabioTrade’s official website
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Click our special button below.
2️⃣ Choose your account tier
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Select from Essential ($20K) to Prime ($650K) based on your experience.
3️⃣ Pay the one-time evaluation fee
- Fees start at $99 (fully refundable after first payout).
- Payment methods: Credit/Debit Card, Crypto, Apple/Google Pay.
4️⃣ Pass the evaluation phase
- Reach the 10% profit target without violating risk rules.
- No time limit – trade at your own pace.
5️⃣ Get funded and start trading
- Once approved, you’ll receive your funded account.
- Withdraw profits weekly with 80%-90% profit splits.
SabioTrade overall scores
This review was created for you to learn more about SabioTrade and decide on how well it suits your needs and values. We scored it using our own criteria and methodology to present you with a full, informative report. However, some info is clearer in numbers! Please, see SabioTrade final scores in areas that our experts consider high-priority.