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SabioTrade Review
SabioTrade is an Irish prop trading firm offering simulated funded accounts up to 650,000 dollars. It is registered as a software company, not a financial firm.
Min Deposit
$89
Spreads From
Not published
Max Leverage
Up to 1:100 on indices, lower on other asset classes
Platforms
SabioTrade proprietary platform
Pros
- Codevil IT Engineering Limited is properly registered with Irish authorities
- Funded accounts scale up to 650,000 dollars on its largest plan
- Top plans pay out up to 95 percent of profit to the trader
- DailyForex independently called SabioTrade a legitimate prop firm
- It holds a 3.9 out of 5 Trustpilot score from around 700 reviews
Cons
- Its Irish registration lists a software company, not a financial firm
- A February 2026 rule change can forfeit all profit after one breach
- SabioTrade does not publish a clear list of restricted countries
- Payouts are a discretionary award, never a guaranteed entitlement
- All assessment and funded accounts trade simulated money, not real cash
Codevil IT Engineering Limited has run SabioTrade from Dublin since 2021, though its Irish registration lists the company as a software publisher rather than a financial firm. It offers assessment accounts from 20,000 to 650,000 dollars, with an instant payout promised after a trader's first profit.
Passing traders keep 80 to 95 percent of profit depending on the plan, but SabioTrade tightened its rules in February 2026 so breaking a funded account rule now forfeits all remaining payout eligibility, not just future profit. A 55 percent consistency rule and a 30 day inactivity rule also apply.
SabioTrade holds a 3.9 out of 5 Trustpilot score from around 700 reviews, and DailyForex has called it a legitimate firm. It does not publish a clear list of restricted countries, so check directly with support if you are unsure your country qualifies.
Min. Deposit
USD 89
Max Leverage
Up to 1:100 on indices, lower on other asset classes
Spreads From
Not published
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
