4 (246 reviews)
SabioTrade

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About SabioTrade

CEO

Jeremy Biberdorf

Established

2023

Country

Ireland

Broker

According to QCM (Quadcode Markets)

Platform

SabioTrade powered by Quadcode Markets

Trust Pilot

4

Payment Methods

Crypto, Bank Card, Google Pay, Apple Pay, Skrill

Payout Methods

Bank transfer, Crypto, Amaiz - Minimum Payout: $1
More info SabioTrade
SabioTrade Challenges
Account Size
Steps
Challenge
Price
4 (246 reviews)

Customer Reviews (246)

  • Diamond Schulist
    9 months ago

    I was pleased to find that the payment process was quite straightforward. After purchasing a plan, I was able to jump right into trading.

  • Michelle Kemmer
    10 months ago

    For those looking to enhance their trading skills, this is a solid opportunity. Participating in the assessment is quite affordable, coming in at under $120. It’s a great way to motivate and develop your trading abilities.

  • Elbert Hirthe
    10 months ago

    The variety of plans offered here is truly impressive, I must say! There’s something for everyone, whether you’re just starting out or have years of trading experience. And for those new to the scene, there’s no need to worry; the team is great at walking you through all the key concepts of proprietary trading.

  • Sigmund Prohaska
    10 months ago

    To be honest, the essential account fits my needs perfectly, and I really appreciate the trading conditions.

  • Lola Boyle
    10 months ago

    I requested a refund, but I haven’t heard back from them at all—none of my emails have been answered. Plus, the website doesn’t function properly. Honestly, this feels like a scam.

  • Ransom Crooks
    10 months ago

    For just $119, I received a $20,000 funded account, and I have to say, the educational materials available are really impressive. They provide a wealth of resources that have been quite helpful in enhancing my trading skills.

  • Julie Sauer
    10 months ago

    Before you can access any funds, you need to complete a three-step challenge. This requirement helps ensure that both you and the platform agree on a mutually beneficial partnership. It’s a systematic approach that aims to establish trust between the two parties involved.

  • Jarred Keeling
    10 months ago

    It’s definitely a scam. I didn’t incur any losses on my trades, yet just a few days after purchasing the trading package, my account got locked. They claimed I lost 1,100 euros.

  • Rosie Koelpin
    10 months ago

    For those who aren’t aware, achieving a profit target of 10% is definitely possible, at least as I’ve learned recently.

  • Curtis Howell
    10 months ago

    The firm appears to feature numerous questionable reviews, raising concerns about their authenticity. Additionally, the overall design of the website gives the impression of a potentially scammy setup.

  • Jed Blick
    10 months ago

    This is, without a doubt, the most comprehensive and intense learning experience I’ve encountered. While I do have some reservations about payouts being exclusively via bank wires—which isn’t my preferred method—it’s clear that without their teaching, I wouldn’t have gained anything at all. So, I can’t really complain!

  • Lizeth Walker
    10 months ago

    This company is nothing short of a scam. Their practices raise serious concerns, and many users have reported feeling misled. It’s disheartening to see such tactics in an industry that should prioritize integrity. If you’re considering working with them, I highly advise you to proceed with caution. Trust is essential in trading, and unfortunately, this firm seems to lack it entirely.

  • Carmella Koss
    10 months ago

    This company feels like a scam, and I urge you not to trust them. It’s a classic case of “if it sounds too good to be true, it probably is.” After I paid $50 for a demo or assessment account, my account was unexpectedly blocked within just a week. To make matters worse, I received an email stating that I had violated the risk rules, leading to the closure of my account. 🤣 I may not be a math genius, but I know that 3% of $10,000 is… $300. It’s frustrating to think I never even approached that level of loss. 🤨

  • Anais Nikolaus
    10 months ago

    The tools and features offered by Sabio Trade are quite impressive, particularly the technical analysis resources. I’ve found their results to be consistently accurate, which is really beneficial for trading. Overall, the effectiveness and efficiency of these tools make a significant difference in my experience.

  • Lauretta Stark
    10 months ago

    I noticed a genuine commitment from Sabio Trade, and I truly appreciate it. Overall, I’m quite satisfied with my experience here! Thumbs up! 👍👍👍

  • Duncan Bailey
    10 months ago

    The design of this proprietary trading firm and its app is frankly unacceptable—it’s riddled with glitches and rules that seem stacked against you. Every single day, I’ve encountered a “glitch” that prevents me from manually closing my trades, costing me valuable pips on multiple occasions. The most frustrating incident occurred just last night. I had an NZD/JPY position open, with my stop loss (SL) set at 91.300 and a take profit (TP) at 90.300. Somehow, during the swap calculations, the spread widened significantly, and as they say, it touched the ask price. On their five-minute chart, it’s clear the price never even reached above 90.850. And let’s not forget, every swap is a deduction from your account.

    Honestly, this company is just outrageous. Don’t waste your time and money here; there are much better prop firms available. I’ve got all the screenshots as proof if anyone needs them.

  • Quinn Heller
    10 months ago

    This firm is a fantastic option for those looking to gain both knowledge and financial backing. The offer of $120 for a $20,000 account is quite appealing as well.

  • Jazmyn Pouros
    10 months ago

    This trading firm really impressed me. I was totally sold on their reliability once I started receiving payouts for my successful trades. The conditions for passing the assessment are clear and transparent, which I appreciate. Overall, I’d recommend this prop trading company to anyone looking for a trustworthy option in the market. 👍

  • Elliot Orn
    10 months ago

    This review begins on October 10th. I started with a $5,000 live funded account and managed to make $100. However, trying to find a way to get my payout on the website has proven impossible. This feels like a scam. When I reached out to support for help, they directed me to the dashboard, which is merely the front page and contains no useful information. My account doesn’t even appear in the payout section. The whole site feels like a front, and it’s frustrating.

    The trading platform operates like a simulator using real-time data, but the money involved seems entirely fictitious. Interestingly, the company is owned by a Russian woman yet claims to be based in Ireland, which raises some red flags. There’s a troubling history of Russian scams amassing billions over the last few years in the trading industry. For those skeptical, I recommend looking up documentaries on YouTube; there are plenty covering this issue.

    On October 11th, I again inquired about the payout process. They have a support team that seems well-equipped to respond but ultimately leaves you hanging without real solutions. Today, I encountered yet another agent who provided a generic response stating that withdrawals can only be made once every 30 days. It’s as if they’re not even attempting to engage with genuine inquiries, just sending scripted replies.

    After spending over $1,000 on various challenges and finally passing one, I’ve yet to see any returns from these individuals. The situation has only worsened; another support agent replied with a generic message today—offering nothing of value and simply reiterating rules that are common knowledge.

    As of October 20, 2024, they claim to have resolved an issue with the payout section. My account was finally linked, and I requested a payout of $72, receiving an email confirmation stating it would arrive in five days. However, I have still received nothing. Upon contacting support again, I was told to email them if the funds didn’t appear within two more days. Should the funds fail to arrive, I will be submitting a report to the UK government’s consumer complaints department, which monitors scam operations.

  • Chaya Larson
    10 months ago

    What I appreciate about this proprietary trading firm is the variety of options it offers. Unlike some others that restrict you to a single type of asset or impose their preferred trades, here I can explore different avenues. I’m free to trade forex, stocks, commodities, and a range of other market instruments, which keeps things engaging and flexible.

  • Lambert Spinka
    10 months ago

    Sabiotrade, you’ve really disappointed me. I haven’t lost any trades yet, but somehow, my account is already being blocked while trades are still open. It feels like a scam where money is taken unlawfully from others. I’ve had such high hopes, but this has left me feeling frustrated and cheated.

  • Major Bogisich
    10 months ago

    To earn profits from trading on a proprietary platform, having strong skills is essential. However, it’s not just about skill; trusting your prop firm is equally important. In my experience, I have found that SabioTrade is a company that deserves that trust.

  • Jermaine Ebert
    10 months ago

    I didn’t have any issues with the fee for my Pro 3 account. It was all very smooth.

  • Roman Spinka
    10 months ago

    Currently, I’m in the process of completing the assessment, and things are looking promising. Not long ago, I focused on trading the GBP/USD currency pair, and it became clear that the price was likely to decline from the resistance level—I managed to secure a nice profit from that. I’m optimistic about passing the assessment soon. One downside is that occasionally, the platform tends to operate a bit sluggishly; however, it hasn’t impacted my performance. 🙂

  • Sigmund Goodwin
    10 months ago

    I had been keeping an eye on Sabio Trade for quite a while, but I was unsure when the right moment to start with a funded account would be. Then, they rolled out a significant update to their official website, along with new plans for funded accounts, which prompted me to take the plunge. After thoroughly reviewing the terms and conditions, I decided to sign up for the PRO 3 tariff. The addition of mentorship support is particularly noteworthy and adds considerable value to the experience, in my humble opinion.

  • Derrick Braun
    10 months ago

    I looked into a couple of options: Pro 3 and Pro 12. Ultimately, I decided to go with Pro 3. The assessment process was pretty flexible, allowing for multiple attempts, which I really appreciated. By the way, my primary focus is trading forex pairs.

  • Duane DuBuque
    10 months ago

    It’s refreshing to see that the support team at this firm genuinely cares about its traders. They go the extra mile to assist and ensure that everyone has a positive experience. It’s clear that they prioritize the needs and concerns of their clients, making them feel valued and heard.

  • Hilton Oberbrunner
    11 months ago

    For just $300, I gained access to a Premium account—though, to be fair, it was actually a bit under that amount, around $280. But honestly, that’s beside the point.

    What really matters is that I now have the chance to trade on a funded account with a balance of $50,000. I’m being extra cautious in my trades as I adjust to the margin size, but I’m looking forward to ramping up my trading activities in the near future.

  • Miles Grady
    11 months ago

    After a slower-than-expected approval process, I’ve finally got my account, so I’m bumping my rating to four stars. Initially, my application faced several rejections, and I had to email the agreement just to get approved. Not exactly ideal, since all I received were emails stating my application was rejected without clear guidance. In the end, I managed to get approved on the seventh day.

    I’m willing to update this review if my experience changes for the better. It’s unfortunate because I genuinely loved the platform—it’s user-friendly. However, after passing my $50,000 assessment, I reached out to support multiple times via email and Discord. Yet, all I’ve gotten from Discord is that they’re busy. By the time the markets open on Monday, it will be six days since I passed the assessment, and there’s still no sign of DocuSign being completed since Monday. My identification hasn’t been verified either. Prove me wrong, SabioTrade!

  • Mattie Hansen
    11 months ago

    I’m currently working with SabioTrade, and I have to say that my experience has been a mix of confusion and clarity. Initially, things were a bit overwhelming, but I found help readily available whenever I needed it. I’m now in profit for this challenge and eagerly looking forward to being funded. If everything goes as planned, I’ll definitely keep you posted. They seem like a reputable firm—why wouldn’t they honor their agreements? Only time will tell, but I’m really enjoying this challenge. After studying trading for a couple of years, I finally grasp the concepts, though I remain humble and committed to continuous learning. Cheers to you, SabioTrade, and thank you for this opportunity!

  • Maximus Reinger
    11 months ago

    I’ve had a really frustrating experience with this trading platform. There have been several instances where it prematurely closed my trades, and it often fails to execute my purchase orders at the prices I set.

    When I reached out to support to address these issues, they placed the blame on me rather than thoroughly reviewing my trades and checking the historical stock price data.

    Given the lack of accountability and the ongoing system malfunctions, I find it hard to trust Sabiotrade moving forward.

  • Cathryn Leannon
    11 months ago

    I’m currently progressing towards passing the assessment, and I feel confident that I’ll soon become a funded trader. Just recently, I secured a solid profit after closing out a short position on the USD/JPY. I entered the position at 148 points and set my take profit at 142 points. Remarkably, the profit was realized in under three days, and I consider it a fantastic achievement! I’m determined to finish the assessment on a high note!

  • Cleta Zieme
    11 months ago

    The evaluation process was quite demanding, necessitating complete focus—almost like a real job. However, the rewards are indeed enticing! 😛

  • John Larkin
    11 months ago

    I signed up for a standard plan at just $119, and I was pleasantly surprised by how quickly the transaction went through. I used a bank card for the payment. While I likely won’t make it, here’s to hoping for the best, friends! ✌️

  • Ila Heller
    11 months ago

    I recently acquired a $50,000 trading account from SabioTrade, and my experience hasn’t been smooth sailing. During a trade, I unexpectedly got logged out, only to find upon trying to log back in that my account was blocked. I received a prompt saying to contact support, leaving me in the dark about whether I was in profit or loss.

    Just a couple of minutes later, I received another email notifying me of an account breach, claiming I had violated a “Hard Rule.” They stated that my current equity was $49,918.28, which is below the maximum drawdown equity level of $50,000. It’s worth mentioning that the maximum drawdown resets daily after 4:30 PM EST, or 21:30 GMT, which means it should actually be around $47,000 (6%).

    Additionally, the dashboard is laggy and doesn’t provide real-time updates. Accounts can be blocked even when there hasn’t been a rule breach, which is concerning. The lack of live chat support adds to the frustration, as email responses take at least nine hours. If you’re in the middle of an active trade like I was, there’s a significant risk of losing your account if the market moves against you. Unfortunately, SabioTrade won’t take responsibility for these situations—they’ll just take your money and suggest you purchase a new account.

  • Napoleon Lowe
    12 months ago

    The support I receive from this platform is incredibly helpful. 🙌 Their team is always ready to assist, and it’s reassuring to know that help is just a message away. Whether it’s a quick query or a more complex issue, they respond promptly, which makes the trading experience smoother. Overall, I’m really satisfied with the level of support provided here.

  • Florida Kreiger
    12 months ago

    I recently bought a challenge from SabioTrade, but I’m struggling with some issues. After making the purchase, I didn’t receive any instructions on how to access the challenge. I reached out to support via email, and was advised to log in with my email address, but it requires a password that I don’t have. It’s perplexing to me why the company offers challenges without proper follow-up once they’re purchased. I’m not trying to criticize SabioTrade; I’m simply wondering if I’m missing something on my end. This has been quite stressful since I was genuinely excited about the challenge. Is there anyone out there who can offer assistance, or should I just consider giving up and requesting a refund?

  • John Johnston
    12 months ago

    Hello, I’m Nitin, hailing from India. I’ve been trading in the U.S. stock market for about 15 years now. I’m looking to gather some insights on the NASDAQ and NYSE stock trading platforms. Any information would be really appreciated. Thanks!

  • Dejah Cartwright
    12 months ago

    Initially, I hesitated to trade with a proprietary firm, mainly because I didn’t fully grasp the concept. However, once I got the hang of it, trading here became quite simple and convenient. I genuinely value the variety of trading assets available, which include:
    – Forex
    – Stocks
    – Commodities
    – Energies
    – And more

    This diverse offering has definitely enhanced my ability to generate profits.

  • Shakira Zboncak
    12 months ago

    This firm seems to be a complete scam. I’ve been facing daily losses of around £300, and now they’ve sent me an email claiming I’ve breached my limits at £19,780, although my challenge account was set at £20,000. It’s frustrating to see such a lack of transparency.

  • Johan Schneider
    12 months ago

    While I’m still a bit of a novice in trading, I’m contemplating taking on a $20,000 challenge to see if I can successfully navigate both stages. In an ideal situation, I walk away with a $20,000 account. Worst case? I just gain valuable experience, which is no small thing, haha.

  • Daren Buckridge
    12 months ago

    The costs are quite reasonable, and when you take into account the discounts, they become truly exceptional. Even without those discounts, the pricing remains attractive. Overall, it’s a great deal! 💸👍

  • Hyman Bogisich
    1 year ago

    While I wouldn’t necessarily label it as a learning experience, I found it quite engaging to read. The topics covered are certainly appealing and offer some interesting insights.✌️

  • Naomi Bednar
    1 year ago

    For me, it’s crucial that the platform of this proprietary trading firm is user-friendly. It should not only be easy to navigate but also equipped with essential tools, like indicators and chart-drawing features. This balance is key for an effective trading experience.

  • Virginie Effertz
    1 year ago

    Switching between assets is a breeze on this platform. The responsiveness is impressive, with no noticeable lag at all. Overall, it’s a user-friendly experience that promotes efficiency in trading.

  • Felipa Kuphal
    1 year ago

    This blog is truly a delight to read—very inspiring! ⚡ I purchased a challenge, and my funds were deposited quickly!

  • Natalie Kuvalis
    1 year ago

    The support team is impressively responsive, which I really appreciate. However, I find their platform somewhat complex to navigate—at least for me. That said, it’s the assistance from the support team that has truly made a significant difference in my experience.

  • Cale Pfeffer
    1 year ago

    The indicators offered on the platform function exceptionally well! Applying my strategy has become a breeze. 😎

  • Kelly Harvey
    1 year ago

    “Don’t join this platform!” That’s what my mind constantly warned me, filled with apprehension. Yet, I’m truly thankful I pushed through that fear.

  • Ollie Kunde
    1 year ago

    I paid the fee effortlessly and gained access to the pre-funded account right away. To be honest, it’s clear that Sabiotrade genuinely cares about its traders, offering them some pretty convenient conditions.