Retail broker Eightcap announced its return to the prop trading space on Monday, with the launch of Day Trader Challenges, a new product aimed at active day traders seeking rapid evaluations.

Eightcap was previously one of the largest B2B providers in the prop space. The broker provided its platform and other services to props, who usually lacked access to MetaTrader products.

That stopped after pressure from MetaQuotes forced Eightcap and other brokers to stop offering services to props.

The broker’s new product is aimed at offering shorter, easier access to funding. Traders can choose their own trading duration and stake size, starting from sessions as short as one hour.

“Day Trader Challenges were born from real conversations with the trading community,” said Adam Bock, Head of Eightcap Tradesim. “We wanted to create something grounded in skill, not hype — something that puts traders back in control of their trading experience. These challenges are designed to teach, test and reward within a few hours.”

The challenges are an interesting option for traders as they offer a fixed-odds outcome for them. You select a challenge fee and a multiplier, which is your reward if you meet the challenge conditions.

For example, you can stake from $5 to $250 and payouts that are 2x – 10x the stake value. So if you selected a $250, with a 10x payout, you would get $2,500 from meeting the challenge conditions.

Challenges are available on MT4, MT5 and TradeLocker and adjust dynamically based on the chosen parameters. Shorter timeframes and higher reward multipliers increase difficulty, while longer sessions offer a more balanced setup. Traders can begin within 10 minutes of purchase, with potential payouts available the same day.

“Our goal is to make trading education more engaging and accessible for anyone looking to sharpen their skills,” Bock added. “We’ve reimagined the traditional challenge model for speed and flexibility.”