SabioTrade

SabioTrade is a proprietary trading firm operated by Codevil IT Engineering Limited (Ireland, company number 680139), founded in 2021 and publicly launched in July 2023. The platform provides simulated capital up to $650K through a 1-step assessment with a 10% profit target, 5% daily loss limit, and 6% trailing drawdown from the High Water Mark. SabioTrade integrates with the QuadCode trading platform and offers 250+ assets including forex, stocks, indices, commodities, cryptocurrencies, and ETFs, with leverage up to 1:30 on forex. Profit splits range from 80% (Essential, Plus plans) to 90% (Advanced, Ultimate, Prime plans), and payouts are processed within 24 hours of request via Bank Transfer, Crypto Wallet, or Amaiz Wallet (EU residents only, weekly cadence after a 7-day post-payout cooldown). The firm includes Sabio Academy with structured courses, mentors, and webinars across all plans. Governed by Republic of Ireland law (registered office: 2c Grangegorman Lower, Smithfield, Dublin, D07A433). SabioTrade won 'Best Prop Firm 2025' at the London Trader Show. Important caveats: US citizens cannot participate, automated/algorithmic trading requires prior written approval, and scalping, hedging, HFT, and arbitrage strategies are not permitted. The 40% consistency rule applies to single trading days and single trades. Risk or compliance violations may reduce the profit split to 70%.