Prop Firm in Ireland: How OctoFunded Works for Irish Traders
How OctoFunded works for a trader in Dublin, Cork, Galway or anywhere in Ireland: prices in all three markets, the rulebook, London and New York hours on Irish time, crypto checkout from euros and stablecoin payouts.
OctoFunded Trading DeskUpdated · 9 min read
OctoFunded works the same way for a trader in Ireland as anywhere else: you pay a one-time fee in crypto for a simulated account with written rules, and if you stay inside them you may be paid a share of the simulated profit in USDT or USDC.
Search "prop firm Ireland" and most results are written for UK or US readers. An Irish trader shares a clock with London but a currency with the rest of the euro area, which changes how you pay and how you think about payouts. This guide covers both. For the neighbouring views, see our guide for UK traders and our checklist for traders in Europe.
What does an OctoFunded challenge cost an Irish trader?
Prices are in US dollars, not euros. Below is a spread of sizes in each market, at list price and with OFF10, the only public code, which takes 10% off every plan.
| Market | Program | Size | List price | With OFF10 | Split |
|---|---|---|---|---|---|
| Classic | 1-Step | $10,000 | $69 | $62.10 | 80% |
| Classic | 1-Step | $25,000 | $169 | $152.10 | 80% |
| Classic | 2-Step | $25,000 | $179 | $161.10 | 80% |
| Classic | 2-Step | $50,000 | $309 | $278.10 | 80% |
| Classic | Instant | $50,000 | $469 | $422.10 | 100% |
| Perpetuals 24/7 | 1-Step | $25,000 | $399 | $359.10 | 90% |
| Perpetuals 24/7 | 2-Step | $50,000 | $519 | $467.10 | 90% |
| Perpetuals 24/7 | Instant | $10,000 | $479 | $431.10 | 90% |
| Futures | 1-Step | $100,000 | $1,352 | $1,216.80 | 90% |
| Futures | Instant | $100,000 | $3,952 | $3,556.80 | 90% |
Prices checked 30 October 2026.
On every 1-Step and 2-Step, the fee is refunded with your first payout. Instant accounts have no refund, so count that fee as a cost from day one. On the Classic 1-Step and 2-Step you can choose a 90% or 100% split at checkout for a higher fee; the checkout shows the final price.
What does a prop firm sell a trader in Ireland?
A prop firm sells access to a simulated account with fixed risk rules, for a one-time fee. You trade under a daily loss limit and a maximum loss. If you meet the program rules, the firm may pay you a share of the simulated profit.
You are not opening a brokerage account, and nobody places real trades with your money. The fee is the most you can lose on the challenge itself. Our explainers on how prop firms work and the prop firm challenge cover the model step by step.
How do you check whether a prop firm accepts Irish traders?
Read the firm's terms and go through the signup flow, not a forum thread. At OctoFunded, availability is shown at signup and in the OctoFunded Terms, which list restricted countries and can change.
Then check the rules that apply in Ireland. Rules on trading products, crypto and tax differ by country and change over time, and Ireland is not the UK on any of them. This article does not describe those rules, does not say what is or is not permitted in Ireland, and is not legal or tax advice. If you are unsure, speak to a qualified professional.
Which rules should Irish traders compare?
Compare the profit target, the daily loss limit, the maximum loss, the drawdown type and any best day cap. These lines decide most outcomes.
| Rule | Classic 1-Step | Classic 2-Step | Classic Instant |
|---|---|---|---|
| Profit target | 10% | 10% then 5% | No evaluation |
| Daily loss limit | 4% | 5% | 3% |
| Maximum loss | 8% | 10% | 12% |
| Drawdown type | End-of-day trailing, locked at the initial balance | Static | Static |
| Best day cap | 50% of the phase profit | See the program rules | See the program rules |
| Split | 80% | 80% | 100% |
| Fee refund | With the first payout | With the first payout | None |
Classic Instant pays its first payout after 7 days and then weekly, with payouts 1 and 2 each capped at 3% of the initial balance. On the Classic market, news trading and weekend holding are allowed, there is no time limit, and EAs are allowed. If your profit tends to come from one big day, read the best day rule before you pick the 1-Step.
| Rule | Perps 1-Step | Perps 2-Step | Perps Instant | Futures 1-Step | Futures Instant |
|---|---|---|---|---|---|
| Profit target | 6% | 4% per phase | No evaluation | 6% | No evaluation |
| Daily loss limit | 3% | 4% | 3% | 3% | 2% |
| Maximum loss | 6% | 6% | 7% static | 4% | 3% static |
| Split | 90% | 90% | 90% | 90% | 90% |
Perps Instant pays on demand after 6 trading days, and Futures Instant after 5. Perpetuals 24/7 cover crypto, US stocks, gold and oil and stay open on weekends; OctoFunded Futures list dated crypto quarterlies and monthly index and commodity contracts. The full wording is in the program rules, and 1-Step vs 2-Step vs Instant Funded compares the programs.
How do London and New York hours fit an Irish day?
Ireland keeps the same clock as London and changes it on the same dates, so the European open lands at the start of your working day and the US data window in your early afternoon.
| Session | Rough Irish time | What traders often notice |
|---|---|---|
| Asia | Late evening to early morning | Yen and Aussie pairs move, majors are quieter |
| London open | About 08:00 | Sharp moves in EUR and GBP pairs |
| US data window | About 13:30 | Fast moves in USD pairs, gold and indices |
| London and New York overlap | Early to late afternoon | Highest activity of the day |
| New York afternoon | Evening to about 21:00 | Activity fades into the close |
| Perpetuals 24/7 | Any hour, weekends included | Crypto, US stocks, gold and oil keep trading |
These times are approximate. The US changes its clocks on different dates, so for a few weeks a year US data lands an hour earlier than usual. Check your platform clock rather than memory.
Three habits fit the rules well:
- Know the reset. The daily loss limit resets at 00:00 server time, not at midnight in Dublin. Check the server clock in the program rules and on your platform before you hold a trade across it.
- Size for 13:30. A morning EUR move and an afternoon US data move share one daily limit. Our guide to trading around news shows how to size for it.
- Use the evening if you work days. The New York afternoon and Perpetuals 24/7 both fit after a standard working day.
What does a $25,000 Classic 2-Step look like in dollars?
Rules are easier to judge in money than in percentages. The rule figures are plain arithmetic. The profit line is illustrative only: not a projection and not a target.
| Line | Calculation | Result |
|---|---|---|
| Fee at list / with OFF10 | Price list | $179 / $161.10 |
| Phase 1 profit target | 25,000 x 10% | $2,500 |
| Phase 2 profit target | 25,000 x 5% | $1,250 |
| Daily loss limit | 25,000 x 5% | $1,250 |
| Maximum loss (static) | 25,000 x 10% | $2,500 |
| Illustrative funded payout profit | Given | $1,000 |
| Your 80% split | 1,000 x 0.80 | $800 |
A day that loses $1,250 ends the account. The static floor sits at $22,500 and does not move up behind your profit. If a later funded period closes $1,000 of simulated profit inside every rule, your share is $800, paid in USDT or USDC, and the fee comes back with that first payout.
How do you pay from Ireland when the checkout is crypto?
The OctoFunded checkout is crypto only, so an Irish trader converts from euros before paying, on a service of their choice. Choose a coin and network, then send the exact amount shown, to the address shown, on that same network.
| Option | Network | Network fee paid in |
|---|---|---|
| USDT (TRC20) | TRON | TRX |
| USDT (ERC20) | Ethereum | ETH |
| USDC | Ethereum | ETH |
| BTC | Bitcoin | BTC |
| ETH | Ethereum | ETH |
| SOL | Solana | SOL |
Tether issues USDT on several blockchains, and a transfer sent on one chain does not arrive on another. If you send from an exchange, make sure the amount that arrives after its withdrawal fee equals the amount requested. Our crypto payment walkthrough covers each step. We do not name or recommend exchanges; use one you trust and that is permitted where you live.
How do USDT and USDC payouts reach an Irish trader?
Subject to the program rules, payouts are sent in USDT or USDC on-chain, each with a public transaction hash that shows the amount, address and time on a block explorer. Here is how to check a transaction hash. Both coins track the US dollar, not the euro; USDC vs USDT for payouts explains the practical differences.
Any conversion into euros depends on the rate and fees of the service you use, which is outside the program. Keep a record of every payment and payout hash and date for your own files, and check your local rules on how to treat them.
How does OctoFunded fit a trader in Ireland?
Focus on what you can verify today: the written rules, the price list and the public hash on each payout. Read how to judge any prop firm for a wider view.
It fits best if you want written limits on simulated capital with no time limit, trade London or New York hours from Irish time, and already use crypto. It fits less well if you need to pay by card or bank transfer in euros, or need a platform other than OctoFunded Web. Accounts trade in OctoFunded Web, with TradingView charts. Support is by e-mail at [email protected], and the site is available in 14 languages. Irish readers with family or clients across the Atlantic may also find our checklist for Canadian traders useful.
FAQ
Can traders in Ireland buy an OctoFunded challenge?
Availability is shown at signup and in the OctoFunded Terms, which list restricted countries and can change. Check the Terms and the rules that apply in Ireland before you pay. This article is not legal or tax advice.
How much does a prop firm challenge cost in Ireland?
Prices are in US dollars and are the same in every country. The Classic 1-Step on $10,000 is $69 at list, or $62.10 with the public code OFF10, which takes 10% off every plan. Prices checked 30 October 2026.
Can I pay for an OctoFunded challenge in euros?
No. The checkout takes crypto only: USDT on TRON (TRC20) or Ethereum (ERC20), USDC, BTC, ETH and SOL. Any conversion from euros happens on the service you use before paying.
When does the daily loss limit reset on Irish time?
The daily loss limit resets at 00:00 server time, not at midnight in Dublin. Check the program rules and your platform clock for the server time before you hold a trade across the reset.
Is there a best prop firm in Ireland?
There is no single best prop firm for every trader in Ireland. Compare written rules, total cost, payout method and proof, and the terms against your own hours and style, not against a ranking.
Compare the programs before you pay
OctoFunded offers 1-Step, 2-Step and Instant accounts on simulated capital across Classic CFDs, Perpetuals 24/7 and Futures, for a one-time fee with no time limit on evaluations. Entry starts at $69, or $62.10 with OFF10. You pay in crypto, and payouts come in USDT or USDC with a public transaction hash, subject to the program rules. Read the Terms first.
Compare the programs · Code OFF10 takes 10% off every plan.
Prices checked 30 October 2026.
