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Daily Loss Limit
Max Trailing Drawdown
ATP · 127
WTA · 30
ATP · 100
WTA · 32
Daily Loss Limit is calculated based on the previous day's end of day (5pm EST) balance.
Example: If your prior day's end of day balance was $100,000 you would breach the Daily Loss Limit of 3% should your equity the next day fall to $97,000.
Maximum Trailing drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Max Trailing Drawdown is set at 6% of your starting balance. This 6% trails your closed trading balance until you reach 6% profits in your account. Once you have achieved 6% in your account the max trailing locks in at your starting balance, and no longer trails your account.
Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum Trailing Drawdown rule. Then for example let's say you take your account to $103,000 in closed balance. This is your new high-water mark, which would mean your new Maximum Trailing Drawdown would be $97,000. Next, let's say you take your account to $106,000 in closed balance, which would be your new high-water mark. At this point your Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate the Daily Loss Limit). For example, if you take your account to $170,000, as long as you do not drawdown more than 3% in any given day, you would only breach if your account equity reaches $100,000.
In SabioTrade, we require all trades to be closed by 3:45pm EST on Friday. Any trades left open after this time will automatically be closed. Note, this is only a soft breach and you will be able to continue trading once the markets reopen. In other words, on SabioTrade trading platform, you can do Day Trading (also known as Intraday Trading), or keep positions open for several days, but it is not possible to keep positions open during the weekend.
Yes. If you do not place a trade at least once every 30 days on your account on your SabioTraderoom, we will consider you inactive and your account will be breached. You will lose access to your SabioTraderoom for that specific account, but you still can see your trading history and previous statistics on your SabioDashboard.
Your Assessment account will be ready for trading within minutes of purchasing. Look for the credentials to your SabioTraderoom and SabioDashboard in your inbox immediately after completing your purchase. From the SabioDashboard you can follow up your progress on your Assessment, request your future payouts, and acces our Trading resources, Trading courses, and our Trading platform. From the SabioTraderoom, you can open and close your deals, apply your trading strategies, access our trading tools, check your trading history, etc.
Once you have passed your Assessment and have supplied your KYC documents, the account will be issued within 24-48 business hours.
Once a trader passes the SabioTrade Assessment we provide them with a live account, funded with real money.
The rules for the SabioTrade Funded account are exactly the same as your SabioTrade Assessment account. However, with a Funded account, there is no cap on the profits you can generate.
If you have profits in your Funded account at the time of a hard breach, you will still receive your portion of those profits.
For example, if you have a $100,000 account and you grow that account to $110,000. Should you then have a hard breach we would close the account. Of the $10,000 in profits, you would be paid your 80% portion ($8,000).
When you are ready to request your payouts, you can place your request on the Profit Share section of your SabioDashboard. Your funded account will be temporarily freeze to withdraw your profit and deduct our profit share. You will receive the funds on your bank account, and regain access to your funded account to continue trading in as little as 24 hours.
You can withdrawal your profits at any time. At the time of any withdrawal request, we will also withdraw our share of the profits made, as well.
Important Note: Once you request a withdrawal, your maximum trailing drawdown will be set at your starting balance.
We have risk management software that is synced with the accounts we create. This allows us to analyze your performance in real time for achievements or rule violations. As such, you must use an account that we provide to you.
All countries, excluding OFAC listed countries, can take part in our program.
Upon purchasing an Assessment or registering for a Free Trial, you will receive access to the SabioDashboard where you can monitor your progress for your Assessment and Funded accounts. SabioDashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.
Our risk management technology is currently integrated with QuadCode trading platform. When using SabioTrade free trial, assessment, or funded accounts, you will be trading on a QuadCode powered trading platform, directly from your SabioDashboard. You will have everything you need for a pleasant and successful trading experience in the same place.
The maximum available leverage provided by SabioTrade Prop-Trading Firm varies depending on the asset. We have assets with a leverage of up to 1:100, or 1:500 For example, for currency pairs, and in line with sound risk management practices, we provide up to 30:1 leverage. Note that the leverage is directly applied to your trade for simplicity and convenience.
Trading hours are set by our broker, QuadCode. SabioTrade does not have any control over the specific trading hours for the products offered by QuadCode.
Please note that holidays can have an impact on available trading hours.
Additionally, pursuant to the no holding trades over the weekend rule, we close all open trades at 3:45pm EST on Fridays.
Yes, you can trade during the news
Charges come across in the name of CODEVIL.