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SabioTrade logoTakes clients from 18 countries

SabioTrade review 2026

A prop trading firm, not a broker: you pay once for a simulated trading evaluation and, if you pass and follow the rules, receive 80–90% of simulated profits. Fees aren't refunded and strict loss limits end many accounts.

BinaryChooser

By Platform research for Asian markets · 4 October 2026

Can you sign up from your market?

3.4/5
BinaryChooser score
Lowest deposit
$119
Lowest trade
–
Launched
—
Licence
Offshore registration
Go to SabioTrade

High risk: your deposit can be lost

In short

SabioTrade is a prop firm founded in the early 2020s. Instead of depositing, you buy an evaluation: a simulated account of USD 20,000 to USD 650,000 or more. Hit the profit target without breaking the rules and you get a funded simulated account that shares its profits with you.

SabioTrade home page
SabioTrade's home page: a prop firm offering evaluations and a free trial.

Licence and company

SabioTrade says it offers simulated trading and education, isn't a broker and holds no client deposits. It is registered in Ireland as an IT company (no. 680139) without a financial licence, normal for prop firms but meaning no investor protection for the fees you pay.

Who can sign up

Accepts traders from most countries; US clients use a separate site. Its content isn't aimed at countries where such services are banned.

Markets where SabioTrade accepts sign-ups (18)

Lowest deposit

No deposit. The cheapest evaluation, Essential (USD 20,000 simulated), costs USD 119 on the international site; plans reach Prime (USD 650,000) at USD 2,989. Prices vary by site and promotion.

Lowest trade

No minimum stake. You trade forex and CFDs with about 1:30 leverage on forex, less on other assets, on the simulated balance.

What you can trade

Over 250 instruments: currencies, shares, indices, commodities and crypto, all as CFDs.

The platform

Its own Traderoom built on Quadcode technology, in the browser and on phones. No MetaTrader or cTrader.

SabioTrade platform
SabioTrade's Traderoom on desktop and phone with a USD 200,000 simulated account.

Phone apps

The Mobile Traderoom app runs on Android and iPhone with the same account.

Paying in

You pay the evaluation fee by card or crypto: a one-off, non-refundable payment, not a deposit.

Cashing out

After passing, pay-outs are weekly, with at least one new trade between them. ID verification required. Paid by bank transfer or crypto with no minimum.

Charges

The evaluation fee is the main cost and isn't returned when you pass. Profit split is 80% on smaller plans and 90% on larger ones. Accounts can close after 30 days without trading.

SabioTrade plans
SabioTrade plans: evaluation fee, simulated balance, 10% profit target, 5% daily loss limit, 6% trailing drawdown and profit split.

Help and support

Live chat after login, email, WhatsApp and help pages.

Account safety

You never deposit trading capital, so the most you lose is the fee. The other side: your earnings depend entirely on the firm keeping to its rules and paying.

Opening an account

Create an account, pick a plan or the free 7-day trial, pay and start. KYC before the first pay-out.

Strengths and weak points

Strengths

  • +Trade a large simulated balance for a fixed fee
  • +One-step evaluation with no time limit
  • +80–90% profit split and weekly pay-outs
  • +Free 7-day trial and a trading academy

Weak points

  • −Not a broker and not regulated: you never trade real money in the market
  • −Evaluation fees aren't refunded, even if you pass
  • −Strict daily loss and trailing drawdown limits
  • −Scalping, hedging and copy trading are banned

Our take

SabioTrade lets you trade a bigger simulated balance for a fixed fee; it is not a place to invest your own money. Most traders fail on the daily loss and drawdown limits, so read the rules, use the free trial and treat the fee as money you may not see again.

How the score adds up

  • Platform and apps4.0
  • Costs and minimums3.2
  • Payment options3.8
  • Support3.4
  • Licensing and openness2.6

SabioTrade alternatives

  • Pocket Option logoPocket Option 4.1/5

    Pick it for a USD 5 entry point and copy trading built into the platform.

  • IQ Option logoIQ Option 4.0/5

    Pick it for the most complete charts, a desktop app and digital options.

  • Expert Option logoExpert Option 3.7/5

    Pick it if you want the cleanest screen and good phone apps.

  • Olymp Trade logoOlymp Trade 3.9/5

    Pick it for a long-running platform and a company registered in Vanuatu.

  • Binomo logoBinomo 3.7/5

    Pick it for frequent contests and a USD 10 start with many local payments.

  • Binarium logoBinarium 3.4/5

    Pick it to try things with USD 5, or for trades that last up to three months.

  • IQcent logoIQcent 3.1/5

    Pick it for tiny trades from one cent and copy trading.

  • BinaryCent logoBinaryCent 3.0/5

    Pick it for weekly contests if you can deposit USD 250 or more.

  • Exnova logoExnova 3.5/5

    Pick it for shares and ETFs on a well-built platform from USD 10.

Quick answers

Is SabioTrade a broker?

No. It is a prop firm selling simulated trading evaluations and sharing simulated profits with traders who pass.

What does SabioTrade cost?

Evaluations start at USD 119 for a USD 20,000 simulated account on the international site; bigger plans cost more.

Is SabioTrade regulated?

No. It is registered in Ireland as an IT company with no financial licence.

Where our data comes from: FXEmpire – SabioTrade review (Irish company 680139, plans, rules, weekly payouts)SabioTrade website – simulated trading disclaimer, plans