Overview
SabioTrade is a proprietary trading (prop) firm founded in the early 2020s. Instead of depositing money, you buy an evaluation: a simulated account of USD 20,000 to USD 650,000 or more. Reach the profit target without breaking the rules and you get a funded simulated account that pays you a share of its profits.

Regulation
SabioTrade says it offers simulated trading services and educational tools, does not act as a broker and does not hold client deposits. It is registered in Ireland as an IT company (company no. 680139) and is not licensed by a financial regulator, which is normal for prop firms but means there is no investor protection for the fees you pay.
Availability
SabioTrade accepts traders from most countries; US clients use a separate site. Its content is not directed at residents of countries where such services are prohibited.
Where SabioTrade accepts clients (165)
- Algeria
- Andorra
- Angola
- Anguilla
- Antigua & Barbuda
- Argentina
- Armenia
- Aruba
- Azerbaijan
- Bahamas
- Bahrain
- Bangladesh
- Barbados
- Belize
- Benin
- Bermuda
- Bhutan
- Bolivia
- Bosnia & Herzegovina
- Botswana
- British Virgin Islands
- Brunei
- Burkina Faso
- Burundi
- Cambodia
- Cameroon
- Cape Verde
- Caribbean Netherlands
- Cayman Islands
- Central African Republic
- Chad
- Chile
- China
- Christmas Island
- Cocos Islands
- Colombia
- Cook Islands
- Costa Rica
- Curacao
- Djibouti
- Dominica
- Dominican Republic
- East Timor
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Eswatini
- Falkland Islands
- Faroe Islands
- Fiji
- French Polynesia
- Gabon
- Gambia
- Georgia
- Ghana
- Gibraltar
- Greenland
- Grenada
- Guatemala
- Guernsey
- Guinea
- Guinea-Bissau
- Guyana
- Honduras
- Hong Kong
- Iraq
- Isle of Man
- Ivory Coast
- Jamaica
- Jersey
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kuwait
- Kyrgyzstan
- Laos
- Lebanon
- Lesotho
- Liberia
- Macau
- Madagascar
- Malawi
- Maldives
- Marshall Islands
- Mauritania
- Mauritius
- Mexico
- Micronesia
- Moldova
- Monaco
- Mongolia
- Montenegro
- Montserrat
- Morocco
- Mozambique
- Namibia
- Nauru
- Nepal
- New Caledonia
- New Zealand
- Nicaragua
- Niger
- Nigeria
- Niue
- Norfolk Island
- North Macedonia
- Oman
- Pakistan
- Palau
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Philippines
- Pitcairn Islands
- Qatar
- Republic of the Congo
- Rwanda
- Saint Barthelemy
- Samoa
- San Marino
- Sao Tome and Principe
- Saudi Arabia
- Senegal
- Serbia
- Seychelles
- Sierra Leone
- Sint Maarten
- Solomon Islands
- Somalia
- South Korea
- Sri Lanka
- St. Helena
- St. Kitts & Nevis
- St. Lucia
- St. Pierre & Miquelon
- St. Vincent & Grenadines
- Suriname
- Svalbard and Jan Mayen
- Taiwan
- Tajikistan
- Tanzania
- Thailand
- Togo
- Tokelau
- Tonga
- Trinidad & Tobago
- Tunisia
- Türkiye
- Turkmenistan
- Turks & Caicos Islands
- Tuvalu
- Uganda
- United Arab Emirates
- Uruguay
- Uzbekistan
- Vanuatu
- Venezuela
- Wallis & Futuna
- Western Sahara
- Yemen
- Zambia
- Zimbabwe
Minimum deposit
There is no deposit. The cheapest evaluation, Essential (USD 20,000 simulated balance), costs USD 119 on the international site; plans go up to Prime (USD 650,000) at USD 2,989. Prices differ between sites and promotions.
Minimum trade
There is no minimum stake. You trade forex and CFDs with leverage of about 1:30 on forex, lower on other assets, on the simulated balance.
Assets
More than 250 instruments: currency pairs, stocks, indices, commodities and cryptocurrencies, all as CFDs.
Trading platform
SabioTrade uses its own Traderoom platform built on Quadcode technology, in the browser and on mobile. MetaTrader and cTrader are not offered.

Mobile app
The Mobile Traderoom app works on Android and iOS with the same account as the desktop.
Deposits
You pay the evaluation fee by card or cryptocurrency. It is a one-off payment, not a deposit, and is not refundable.
Withdrawals
After passing, payouts are available weekly, with at least one new trade between payouts. Identity verification is required. Payouts are sent by bank transfer or cryptocurrency, with no minimum amount.
Fees
The evaluation fee is the main cost and is not refunded when you pass. The profit split is 80% on the smaller plans and 90% on the larger ones. Accounts can be closed after 30 days without trading.

Customer support
Live chat (after logging in), email, WhatsApp and a help centre.
Security
You never deposit trading capital, so the most you can lose is the evaluation fee. The flip side is that your earnings depend entirely on the firm honouring its rules and paying out.
Registration
Create an account, pick a plan or the free 7-day trial, pay the fee and start the evaluation. KYC is required before the first payout.
Pros & cons
Pros
- +Trade a large simulated balance for a fixed fee
- +One-step evaluation with no time limit
- +80–90% profit split and weekly payouts
- +Free 7-day trial and a trading academy
Cons
- −Not a broker and not regulated: you never trade real money in the market
- −Evaluation fees are not refunded, even if you pass
- −Strict daily loss and trailing drawdown limits
- −Scalping, hedging and copy trading are banned
Verdict
SabioTrade is a way to trade a larger simulated balance for a fixed fee, not a place to invest your own money. Most traders fail evaluations because of the daily loss and drawdown limits, so read the rules, try the free trial first and treat the fee as money you may not get back.
Score breakdown
- Platform & apps4.0
- Costs & minimums3.2
- Payments3.8
- Support3.4
- Regulation & transparency2.6
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FAQ
Is SabioTrade a broker?
No. It is a prop firm that sells simulated trading evaluations and pays a share of simulated profits to traders who pass.
How much does SabioTrade cost?
Evaluations start at USD 119 for a USD 20,000 simulated account on the international site; larger plans cost more.
Is SabioTrade regulated?
No. It is registered in Ireland as an IT company and is not licensed by a financial regulator.
Sources: FXEmpire – SabioTrade review (Irish company 680139, plans, rules, weekly payouts)SabioTrade website – simulated trading disclaimer, plans
