Full SabioTrade Review
SabioTrade is a prop trading ecosystem for those who want to scale their trading but don’t have a lot of capital. SabioTrade accepts traders of all levels of experience — there’s no need to present a proven track record of successful trades. If you have trading skills and seek liquidity, simplicity, and transparency, SabioTrade might be your stop.
SabioTrade provides prospective traders with a 1-step assessment account. The process is simple and has no time limits.
The platform has recently emerged in the field of proprietary trading and is expanding at a fast pace.
Read on to find out more in this SabioTrade review.
Learn More About SabioTrade
External SabioTrade Review & Ratings
Here are some reviews from traders who have experienced the platform firsthand:
“I chose SabioTrade for their transparent profit structure. They offer a straightforward system where you can keep most of the profits you make. Plus, their customer support has been super helpful and fast whenever I encountered issues.”
– Luca Mancini
“I’ve been a funded trader for quite some time now. The user interface is clean, well-organized, and easy to navigate. The charts and technical indicators are especially handy for conducting thorough market analysis.”
– Marco Hoegl
“9/10. The access to funds and minimization of risks is great.”
– Antonio Giovanni
What is SabioTrade?
|Services||Proprietary demo and live trading|
|Fees||One-time minimum fee of $50|
|Education & Support||Educational courses, exclusive video training|
|Promotion||35% OFF with SABIOMODEST35|
SabioTrade is talented traders’ best chance to get funded and trade minimizing risks. After a brief assessment process, users get their $10,000, $50,000, $100,000 or $200,000 funded account and can get started right away.
After churning a profit, traders can request a payout of up to 90% of their profit via bank transfer at any moment.
The platform offers many free educational materials to upgrade its community’s trading skills, attractive leverage, 24/7 multilingual support, an advanced trading toolset with 100+ indicators, widgets, and alerts, and much more.
SabioTrade Features & Benefits
SabioTrade is a relatively young firm that has drawn inspiration from successful competitors, crafting a modern product with notable enhancements that surpass the majority of market offerings.
Easy Access to Capital
SabioTrade brings an enticing proposition to the table — the opportunity to scale your trading with substantial capital. Depending on your chosen plan, you can access $10,000, $50,000, $100,000 or $200,000 in trading resources. This means your trading skills can reach their full potential without financial constraints.
User-Friendly Dash-Integrated Traderoom
Unlike other prop trading firms where users must navigate to external platforms to trade, SabioTrade has all trading tools in one place. Traders can go from the traderoom to educational materials and then signals with just a click, all in one user-friendly tab.
SabioTrade takes your trading power to the next level with a generous 30:1 leverage for forex, 20:1 for stocks, 25:1 for commodities, 100:1 for indices, and 20:1 for ETFs. This level of leverage is a game-changer, offering more trading potential than you’d find on most brokerage accounts.
There is no minimum number of trading days before users can request payouts from their funded accounts. Traders are free to request payouts as soon as they make a profit.
SabioTrade’s initial training and comprehension check is designed with efficiency in mind. With minimal time investment, you can make a profit of 10% and be well on your way to leveraging the platform’s trading resources.
SabioTrade has introduced a small one-time fee as the sole risk you take. The resources and the risk are both handled by SabioTrade, offering a reliable way to scale your trading.
Exclusive Educational Materials
The platform offers a comprehensive learning experience with courses taught by pro traders and exclusive video content. This commitment to trader education is a significant advantage for those looking to enhance their trading skills.
Advanced Trading Tools
SabioTrade’s platform is equipped with an arsenal of advanced trading tools. With over 100 built-in indicators, widgets, and alerts, as well as over 250 assets, traders have the means to conduct in-depth market analysis and make informed decisions.
Transparent Pricing Scheme
No fine print or hidden fees. SabioTrade stands for complete transparency and clarity in its cooperation terms. Users can trade with confidence, knowing that there are no unwelcome surprises down the road.
SabioTrade provides around-the-clock support. Their multilingual support team is dedicated to assisting you, whether you have questions, encounter issues, or need guidance.
SabioTrade Trading Rules
Here’s how you can get started with SabioTrade:
Step 1. Register
Just fill out your name and address.
Step 2. Select a plan & start the assessment process
Pick the plan that fits you best & start trading. Your goal is to get 10% profit without breaking the platform’s rules: Registering 3+% loss or trailing drawdown of 6+% .
Step 3. Get your funded account
Once you’ve reached the profit target and passed the assessment, you can get up to $200,000 on your account.
Step 4. Earn & get up to 90% of your profit
Note that a trade must be initiated at least once a month to avoid a hard breach and that positions need to close by 3:45pm EST on Fridays or be shut down automatically.
Traders can choose one of the three plans, depending on their needs. All plans include a wide range of educational materials and trading materials.
As of 11/01/23, these are the conditions on offer:
|Daily Loss Limit||3%||3%||3%||3%|
|Max Trailing Drawdown||6%||6%||6%||6%|
Resets & Commissions
The platform claims 10-30% of the profits traders churn.
Also note that there is a daily loss limit of 3%. Meaning, as soon as you lose 3% or more, you’ll get a hard breach and your account will be deactivated for 30 days. Similarly, you can’t surpass the 6% floating losses on your balance.
On top of that, be prepared to pay the classic spread costs (vary based on asset).
How to Withdraw Money From SabioTrade
Profits from a funded account can be withdrawn at any time. When users want to request withdrawals, they need to navigate to the Profit Share section on SabioDashboard. This process will temporarily pause their funded account to facilitate the withdrawal and determine profit share.
The withdrawn funds will then be transferred to the user’s bank account, and within approximately 24 hours, their funded account will be reactivated, allowing traders to continue making forecasts. Note however that when you ask for a withdrawal, your maximum trailing drawdown reverts to the initial account balance.
SabioTrade is a comprehensive online trading platform that caters to talented traders from all walks of life. Skilled traders can benefit from the unique opportunity to get funded and retain up to 90% of the profits they generate. In addition to liquidity, the platform offers a user-friendly interface, diverse set of assets, and valuable educational resources that are sure to enhance traders’ experience.
Get Started With SabioTrade