Prop Firm in Spain and Italy: Prices, Rules and USDT Payouts
What traders in Spain and Italy should check before a prop firm challenge: the terms, prices in three markets, the rulebook, CET session timing, crypto checkout and USDT payouts with a public hash.
OctoFunded Trading DeskUpdated · 9 min read
A prop firm for traders in Spain or Italy comes down to three things you can check before paying: the full price in US dollars, the written rules, and how payouts in USDT or USDC are sent and proven.
Madrid and Milan share a clock, a currency and the same question: what does it really cost, what are the rules, and how do I get paid? This guide covers both countries in one place because the answers are the same. For the wider continental view, see our checklist for traders in Europe.
What does an OctoFunded challenge cost?
Below is the smallest size of each program in all three markets, at list price and with OFF10, the only public code, which takes 10% off every plan.
| Program | Market | Smallest size | List price | With OFF10 | Split |
|---|---|---|---|---|---|
| 1-Step | Classic (CFDs) | $10,000 | $69 | $62.10 | 80% |
| 2-Step | Classic (CFDs) | $10,000 | $79 | $71.10 | 80% |
| Instant | Classic (CFDs) | $10,000 | $109 | $98.10 | 100% |
| Instant | Perpetuals 24/7 | $2,000 | $159 | $143.10 | 90% |
| 1-Step | Perpetuals 24/7 | $5,000 | $159 | $143.10 | 90% |
| 2-Step | Perpetuals 24/7 | $10,000 | $219 | $197.10 | 90% |
| 1-Step | Futures | $25,000 | $640 | $576.00 | 90% |
| Instant | Futures | $25,000 | $1,900 | $1,710.00 | 90% |
Prices checked 30 October 2026.
Popular mid sizes on the Classic market
| Size | 1-Step list / OFF10 | 2-Step list / OFF10 | Instant list / OFF10 |
|---|---|---|---|
| $25,000 | $169 / $152.10 | $179 / $161.10 | $249 / $224.10 |
| $50,000 | $289 / $260.10 | $309 / $278.10 | $469 / $422.10 |
| $100,000 | $499 / $449.10 | $529 / $476.10 | $879 / $791.10 |
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 the fee as a cost from day one. On the Classic 1-Step and 2-Step you can raise the split from 80% to 90% or 100% at checkout for a higher fee, and the checkout shows the final price. The full OctoFunded price list covers every size.
What does a prop firm sell a trader in Spain or Italy?
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.
No real trades are placed with your money. Our explainers on how prop firms work and the prop firm challenge cover the model step by step. Thinking about skipping the evaluation? Read what instant funding is.
How do you check whether a prop firm accepts traders in Spain or Italy?
Read the firm's terms and 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 where you live. Rules on trading products, crypto and tax differ by jurisdiction and change over time. This article does not describe Spanish or Italian rules, does not say what is or is not permitted in either country, and is not legal or tax advice. If you are unsure, speak to a qualified professional.
Which prop firm rules should Spanish and Italian traders compare?
| 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 |
| Payout timing | See the program rules | See the program rules | First after 7 days, then weekly |
| Split | 80% | 80% | 100% |
| Fee refund | With the first payout | With the first payout | None |
| 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 |
| Payout | See the program rules | See the program rules | On demand after 6 trading days | See the program rules | On demand after 5 trading days |
| Split | 90% | 90% | 90% | 90% | 90% |
On the Classic market, news trading and weekend holding are allowed, evaluations have no time limit, and EAs are allowed. On Classic Instant, payouts 1 and 2 are each capped at 3% of the initial balance. Accounts trade in OctoFunded Web, with TradingView charts. The exact wording is in the program rules, in Spanish or Italian if you switch the site language. 1-Step vs 2-Step vs Instant Funded compares the programs side by side.
How do Madrid and Milan trading hours fit the sessions?
Mainland Spain and Italy both run on CET in winter and CEST in summer. The Canary Islands run one hour behind the mainland, so subtract an hour there.
| Session | Rough time in Madrid and Milan | What traders often notice |
|---|---|---|
| Asia | Night to early morning | Yen and Aussie pairs move, majors are quieter |
| European and London open | About 08:00 to 09:00 | Sharp moves in EUR pairs and European indices |
| London and New York overlap | About 14:00 to 17:30 | Highest activity, US data releases land here |
| New York afternoon | Evening to about 22:00 | 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 New York data lands an hour earlier than usual. Check when the trading day resets in the program rules rather than assuming midnight local time. A long lunch break does not pause the daily limit: a morning loss and a 14:30 data loss count against the same day. Our guide to trading around news shows how to size for it.
What does a $100,000 Classic 2-Step look like?
Program figures are in US dollars. The rule lines 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 | $529 / $476.10 |
| Phase 1 profit target | 100,000 x 10% | $10,000 |
| Phase 2 profit target | 100,000 x 5% | $5,000 |
| Daily loss limit | 100,000 x 5% | $5,000 |
| Maximum loss (static) | 100,000 x 10% | $10,000 |
| Illustrative funded payout profit | Given | $3,000 |
| Your 80% split | 3,000 x 0.80 | $2,400 |
On a static drawdown the floor stays at $90,000 and does not move up behind your profits. If a later funded period closes $3,000 of simulated profit inside every rule, your share is $2,400, paid in USDT or USDC, and the $529 fee comes back with that first payout.
How does the crypto checkout work?
At OctoFunded the checkout is crypto only. 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. Match the network in your wallet or exchange to the one you picked at checkout, and make sure the amount that arrives after any withdrawal fee equals the amount requested. Our crypto payment walkthrough covers each step.
Prices are in US dollars, so any conversion from euros happens on the service you use, at its own rate and fees. We do not name or recommend exchanges. Use one you trust and that is permitted where you live.
How do USDT payouts work, and how do you prove them?
Subject to the program rules, OctoFunded sends payouts in USDT or USDC on-chain, each with a public transaction hash. The hash shows the amount, the receiving address and the time on a block explorer, without asking anyone. Here is how to check a transaction hash, and the full sequence is in how prop firm payouts work.
Not sure which coin to pick? Read USDT payouts at a prop firm and USDC vs USDT for payouts. Before your first request, confirm the timing for your program, test that your address credits that coin on that network, and keep a record of every payment and payout hash for your own files.
How does OctoFunded fit a trader in Spain or Italy?
Focus on what you can verify today: the written rules, the checkout and the public hash on each payout. Support is by e-mail at [email protected]. Send one question before you buy and judge the answer.
It fits best if you:
- Want written limits on simulated capital, readable in Spanish or Italian, with no time limit on evaluations.
- Want a low entry price, or Perpetuals 24/7 and Futures under the same account.
- Already hold crypto and are happy to be paid in USDT or USDC.
It fits less well if you need to pay by card or bank transfer, or need prices in euros. For more on judging any prop firm, read how to judge any prop firm. Our guide for traders in Germany covers the same clock from further north.
FAQ
Can traders in Spain or Italy 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 where you live before you pay.
Is the OctoFunded site available in Spanish and Italian?
Yes. Spanish and Italian are both among the 14 languages of the OctoFunded site, so you can read the program rules in either before you buy.
What is the cheapest OctoFunded challenge?
The Classic 1-Step on $10,000 costs $69 list, or $62.10 with code OFF10. On Perpetuals 24/7 the entry is $159 list, and on Futures it is $640 list for the 1-Step.
How do USDT payouts work at OctoFunded?
Payouts are sent in USDT or USDC on-chain, each with a public transaction hash you can check on a block explorer. Every payout is subject to the program rules.
Can I pay in euros?
No. Prices are in US dollars and 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.
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, in Spanish or Italian if you prefer.
Compare the programs · Code OFF10 takes 10% off every plan.
Prices checked 30 October 2026.
