E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (2024)

E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (1)

E8 Markets promotes the success of its traders in their professional journeys. The primary expectation from clients is that they exhibit discipline, effectively manage risk, and prioritize long-term consistency. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $200,000 and receive 80% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.

E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (2)

Who are E8 Markets?

E8 Markets is a proprietary trading firm with the legal name E8 Funding LLC that was incorporated on the 5th of November, 2021. They are located in Dallas, Texas, as well as in Prague in the Czech Republic, and are being managed by CEO Dylan Elchami. E8 Markets provides traders with the opportunity to choose between two account types, a two-step evaluation and a three-step evaluation, as well as an opportunity to customize their program while being partnered with Purple Trading Seychelles as their broker.

E8 Markets’ headquarters are located at 100 Crescent Ct, Unit 700, Dallas, TX 75201, United States.

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Who is the CEO of E8 Markets?

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Dylan Elchami, the visionary behind E8 Markets, aimed to establish a distinctive and accessible avenue for individuals to evolve into professionally funded traders, overseeing capital from any location worldwide. He not only achieved this objective but also remains dedicated to enhancing E8 Markets’ services and terms, consistently drawing in more traders to join his exclusive trading firm.

At the forefront of his industry priorities is his commitment to simplifying the trading journey for individuals by fostering strategic partnerships and delivering cutting-edge software solutions. To ensure traders enjoy the optimal experience, he maintains in-house engineers who work diligently to provide the best possible support at all times.

Anyone interested in following Dylan Elchami can do so by following his LinkedIn.

Video Review

Funding Program Options

E8 Markets provides its traders with two unique funding program options:

  • E8 Account
  • E8 Track

E8 Account

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E8 Markets’ E8 Account provides traders the opportunity to manage account sizes ranging from $5,000 up to $200,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The E8 Account allows you to trade with up to 1:50 leverage while also being able to choose your account funding between USD, EUR, and GBP.

Account SizePrice
$5,000$59
$25,000$228
$50,000$338
$100,000$588
$200,000$988

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.

Evaluation phase two requires a trader to reach a profit target of 4% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to funded status, you are only required to reach the 4% profit target without breaching the maximum daily or maximum loss limit rules.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 4% maximum daily loss and 8% maximum loss rules. Your first payout is 8 calendar days from the day you place your first position on your funded account, while all other withdrawals can be submitted bi-weekly. Your profit split will be 80% based on the profit you make on your funded account. You should also note that your maximum loss rule increases by +1% with each successful withdrawal you receive to a maximum of 14%.

E8 Account Scaling Plan

The E8 Account also has a scaling plan. You increase your balance by requesting a profit split at the end of each trading period. E8 Markets will send you an 80% profit split based on the profit you managed to generate on your funded account and add back the balance before the withdrawal to increase your account size accordingly.

Example:

  1. If you are trading a $200,000 account and you make a profit of 10% ($20,000).
  2. Your new account balance is $220,000.
  3. After you request a profit split, you will receive a payout of $16,000 (80% profit split of the $20,000 generated profit)
  4. And since you made a profit of $20,000 on your $200,000 funded account, you will continue trading with $220,000.

E8 Account Trading Rules & Objectives

  • Profit Target– Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 4%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss– The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 4%.
  • Maximum Loss– The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 8%. (Scaleable up to 14%)

E8 Track

E8 Markets’ E8 Track provides traders the opportunity to manage account sizes ranging from $5,000 up to $200,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the three-step evaluation period. The E8 Track allows you to trade with up to 1:50 leverage while also being able to choose your account funding between USD, EUR, and GBP.

Account SizePrice
$5,000$59
$25,000$138
$50,000$208
$100,000$358
$200,000$598

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.

Evaluation phase two requires a trader to reach a profit target of 4% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to phase three, you are only required to reach the 4% profit target without breaching the maximum daily or maximum loss limit rules.

Evaluation phase three also requires a trader to reach a profit target of 4% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase three. To proceed to funded status, you are only required to reach the 4% profit target without breaching the maximum daily or maximum loss limit rules.

By completing all three evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 4% maximum daily loss and 8% maximum loss rules. Your first payout is 8 calendar days from the day you place your first position on your funded account, while all other withdrawals can be submitted bi-weekly. Your profit split will be 80% based on the profit you make on your funded account. You should also note that your maximum loss rule increases by +1% with each successful withdrawal you receive to a maximum of 14%.

E8 Track Scaling Plan

The E8 Track also has a scaling plan. You increase your balance by requesting a profit split at the end of each trading period. E8 Markets will send you an 80% profit split based on the profit you managed to generate on your funded account and add back the balance before the withdrawal to increase your account size accordingly.

Example:

  1. If you are trading a $200,000 account and you make a profit of 10% ($20,000).
  2. Your new account balance is $220,000.
  3. After you request a profit split, you will receive a payout of $16,000 (80% profit split of the $20,000 generated profit)
  4. And since you made a profit of $20,000 on your $200,000 funded account, you will continue trading with $220,000.

E8 Track Trading Rules & Objectives

  • Profit Target– Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 and Phase 3 require reaching a profit target of 4%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss– The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 4%.
  • Maximum Loss– The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 8%. (Scaleable up to 14%)

Custom Evaluation

E8 Account Trading ObjectivesE8 Account Objective Values
Initial Balance$10,000; $15,000; $20,000; $25,000; $30,000; $35,000; $40,000; $45,000; $50,000; $55,000; $60,000; $65,000; $70,000; $75,000; $80,000; $85,000; $90,000; $95,000; $100,000; $105,000; $110,000; $115,000; $120,000; $125,000; $130,000; $135,000; $140,000; $145,000; $150,000; $155,000; $160,000; $165,000; $170,000; $175,000; $180,000; $185,000; $190,000; $195,000; $200,000
Initial Maximum Loss6%, 7%, 8%, 9%, 10%, 11%, 12%, 13%, 14%
Profit Split40%, 45%, 50%, 55%, 60%, 65%, 70%, 75%, 80%, 85%, 90%, 95%
Price RangeE8 Account: $29 up to $1,492
E8 Track: $29 up to $903

What Makes E8 Markets Different From Other Prop Firms?

E8 Markets differs from most industry-leading prop firms due to offering two unique account types: a two-step evaluation and a three-step evaluation. In addition, they also provide numerous favorable features, such as drawdown scaling, an unlimited trading period, no minimum trading day requirements, a first withdrawal after only 8 calendar days, an affordable E8 Track evaluation, and an opportunity to customize your program.

E8 Markets’ E8 Account is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 8% in phase one and 4% in phase two, with a 4% maximum daily and 8% maximum loss rules. You also have no minimum or maximum trading day requirements during both evaluation phases. The E8 Account also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the E8 Account stands out mainly for having an unlimited trading period, a drawdown scaling account feature, a first withdrawal after only 8 calendar days, and an opportunity to customize your program.

Example of comparison between E8 Markets & Finotive Funding

Trading ObjectivesE8 MarketsFinotive Funding
Phase 1 Profit Target8%7.5%
Phase 2 Profit Target4%5%
Maximum Daily Loss4%5%
Maximum Loss8% (Scaleable up to 14%)10%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80%75% up to 95%

Example of comparison between E8 Markets & Funded Trading Plus

Trading ObjectivesE8 MarketsFunded Trading Plus (Advanced)
Phase 1 Profit Target8%10%
Phase 2 Profit Target4%5%
Maximum Daily Loss4%5%
Maximum Loss8% (Scaleable up to 14%)10% (Trailing)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80%80% up to 100%

Example of comparison between E8 Markets & FundedNext

Trading ObjectivesE8 MarketsFundedNext (Stellar)
Phase 1 Profit Target8%8%
Phase 2 Profit Target4%5%
Maximum Daily Loss4%5%
Maximum Loss8% (Scaleable up to 14%)10%
Minimum Trading DaysNo Minimum Trading Days5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80%80% up to 90%

E8 Markets’ E8 Track is a three-step evaluation that requires traders to successfully complete three phases before becoming eligible for payouts. The profit target is 8% in phase one, 4% in phase two, and 4% in phase three, with a 4% maximum daily and 8% maximum loss rules. You also have no minimum or maximum trading day requirements during all three evaluation phases. The E8 Track also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the E8 Track stands out mainly for having an unlimited trading period, a drawdown scaling account feature, a first withdrawal after only 8 calendar days, affordable evaluation fees, and an opportunity to customize your program.

Example of comparison between E8 Markets & The Funded Trader

Trading ObjectivesE8 MarketsThe Funded Trader
Phase 1 Profit Target8%8%
Phase 2 Profit Target4%5%
Phase 3 Profit Target4%5%
Maximum Daily Loss4%5%
Maximum Loss8% (Scaleable up to 14%)10%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split80%75% up to 95%

Example of comparison between E8 Markets & The5ers

Trading ObjectivesE8 MarketsThe5ers (Bootcamp)
Phase 1 Profit Target8%6%
Phase 2 Profit Target4%6%
Phase 3 Profit Target4%6%
Maximum Daily Loss4%❌ (3% Daily Pause Once Funded)
Maximum Loss8% (Scaleable up to 14%)5% (4% Once Funded)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split80%50% up to 100%

Example of comparison between E8 Markets & MyFundedFX

Trading ObjectivesE8 MarketsMyFundedFX
Phase 1 Profit Target8%6%
Phase 2 Profit Target4%6%
Phase 3 Profit Target4%6%
Maximum Daily Loss4%4%
Maximum Loss8% (Scaleable up to 14%)8%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split80%80%

In conclusion,E8 Marketsdiffers from otherindustry-leading prop firmsby offering two unique account types: a two-step evaluation and a three-step evaluation. In addition, they also provide numerous favorable features, such as drawdown scaling, an unlimited trading period, no minimum trading day requirements, a first withdrawal after only 8 calendar days, an affordable E8 Track evaluation, and an opportunity to customize your program.

Is Getting E8 Markets Capital Realistic?

It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.

  • Receiving capital from the E8 Account is realistic primarily due to its relatively modest profit targets (8% in phase one and 4% in phase two) coupled with slightly below-average maximum loss rules (4% maximum daily and 8% maximum loss, scaleable up to 14%). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80%.
  • Receiving capital from the E8 Track is realistic primarily due to its relatively modest profit targets, despite the additional evaluation phase (8% in phase one, 4% in phase two, and 4% in phase 3) coupled with slightly below-average maximum loss rules (4% maximum daily and 8% maximum loss, scaleable up to 14%). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing all three evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80%.

After considering all the factors,E8 Marketsis highly recommended since you have two unique funding programs to choose from, a two-step evaluation and a three-step evaluation, which both feature realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

E8 Markets is a proprietary trading firm that was incorporated on the 5th of November, 2021. They have a large community of traders who have reached funded status and successfully qualify for a profit split.

While working with E8 Markets and reaching funded status with the E8 Account or the E8 Track, you will be eligible to receive your first payout after 8 calendar days. However, after your first payout, you will be eligible to receive payouts if you exceed your initial account size every 14 calendar days. Your profit split will consist of a generous 80% based on the profit that you have generated on your funded account.

When it comes to E8 Markets payment proof, you can find it on numerous websites. One example is Trustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof for E8 Markets is their Telegram channel, where you can find numerous payout certificates of their most successful traders.

Examples of Payout Certificates and Payment Proof can be seen in the images below.

E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (7)
E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (8)
E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (9)

Which Broker Does E8 Markets Use?

E8 Markets is partnered with Purple Trading Seychelles as their broker.

Purple Trading Seychelles aspires to be more than just a broker. Their objective is to provide favorable trading conditions and cutting-edge technologies and, most importantly, to establish a relationship where you view them as your equal partner. They firmly believe that this approach is the key to realizing success in the dynamic landscape of financial markets. Learn more about Purple Trading Seychelles by reading our in-depth Review.

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As for trading platforms, while you are working with E8 Markets, they allow you to trade on Meta Trader 4 or MetaTrader 5.

Trading Instruments

As mentioned above, E8 Markets is partnered with Purple Trading Seychelles, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, and cryptocurrencies with a leverage of up to 1:50, depending on the trading instrument that you are trading.

Forex Pairs

AUD/CADAUD/CHFAUD/JPYAUD/NZDAUD/SGDAUD/USD
AUD/ZARCAD/CHFCAD/JPYCHF/HUFCHF/JPYCHF/ZAR
EUR/AUDEUR/CADEUR/CHFEUR/CZKEUR/GBPEUR/HUF
EUR/JPYEUR/MXNEUR/NOKEUR/NZDEUR/PLNEUR/RUB
EUR/SEKEUR/SGDEUR/USDEUR/ZARGBP/AUDGBP/CAD
GBP/CHFGBP/JPYGBP/NZDGBP/SGDGBP/USDGBP/ZAR
NOK/SEKNZD/CADNZD/CHFNZD/JPYNZD/SEKNZD/SGD
NZD/USDSGD/JPYUSD/CADUSD/CHFUSD/CZKUSD/HKD
USD/HUFUSD/ILSUSD/JPYUSD/MXNUSD/NOKUSD/PLN
USD/RUBUSD/SEKUSD/SGDUSD/ZARZAR/JPY

Commodities

XAG/USDXAU/USDXPD/USDXPT/USD
BRENTWTINGAS

Indices

AUS200F40GE30US30UK100
HK50JP225US100US500STOXX50

Cryptocurrencies

BCH/USDBTC/USDETH/USDLTC/USD

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX 3 USD / LOT
COMMODITIES 3 USD / LOT
INDICES 3 USD / LOT
CRYPTO 3 USD / LOT

Spread Account

To check the live spreads, log in to the trading account below.

PlatformServerLogin NumberPasswordDownload Platform
MetaTrader 5PurpleTradingSC-01MT55011156Db@pZz1fClick here

Education

E8 Markets provides its community with a detailed E8 Blog with educational content, such as the following six categories:

  • About E8 – Educational articles about their features
  • Announcements – Latest news and updates
  • E8 Traders – E8 Trader interviews
  • Instruments – Educational articles about trading instruments
  • Market Research – Educational market overview articles
  • Trading Tips – Educational articles about trading suggestions, guides, and essential aspects of trading

E8 Markets distinguishes itself as a select proprietary trading firm offering a free trial option. This allows traders to experience and adapt to the platform’s trading conditions, thereby mitigating the likelihood of errors when they ultimately opt for one of the two available evaluation programs.

Finally, E8 Markets offers a professionally designed trader dashboard accessible to all clients. This feature simplifies risk management by providing continuous access to comprehensive statistics and objectives, ensuring real-time updates every minute of the day, thereby enhancing the overall user experience.

E8 Markets Trading Dashboard

E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (11)
E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (12)

Trustpilot Feedback

E8 Markets has gathered an excellent score on Trustpilot based on their community’s feedback.

E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (13)

On Trustpilot, E8 Markets has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.8 out of 5 from a substantial pool of 1,526 reviews. Notably, 92% of these reviews have awarded E8 Markets the highest rating of 5 stars.

E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (14)

The first comment shows that the E8 Markets community member expresses heartfelt appreciation for the company’s professionalism, prompt support, and enthusiastic assistance. The acknowledgment extends to E8 Markets’ commendable reputation for timely profit disbursem*nts and swift resolution of payment method issues, particularly in the aftermath of the past Deel incident.

E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (15)

E8 Markets is an excellent proprietary trading firm, with the commenter expressing satisfaction after receiving their initial payout and refund seamlessly without encountering any issues. The trader particularly appreciates the clean and professional appearance of the website and trading dashboard, highlighting their positive experience with the platform’s overall design. Furthermore, the effectiveness of the payment system is also praised, contributing to an overall outstanding experience with E8 Markets.

Social Media Statistics

E8 Markets can also be found on numerous social media platforms.

Facebook1,300 Followers & 972 Likes
Twitter17,400 Followers
Instagram30,400 Followers
YouTube2,060 Subscribers
Telegram5,276 Members

Customer Support

Live Chat
Email[emailprotected]
Phone
Discord
TelegramTelegram Link
FAQE8 Account FAQ Link
E8 Track FAQ Link
Help CenterHelp Center Link
WhatsApp
Messenger
Supported LanguagesEnglish

Account Opening Process

  • Registration Form – Register with E8 Markets by filling out the registration form with your personal details and logging into the E8X Dashboard.
E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (16)
  • Choose Your Account – Choose your account type, trading platform, trading currency, and account size.
E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (17)
  • Apply Discount Code – Apply our discount code FOREXPROPREVIEWS and enjoy a 10% discount on all E8 Account sizes. Please note that E8 Track has no available discounts.
E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (18)
  • Choose Your Payment Method – Choose between a credit/debit card and cryptocurrency payment method after you have successfully applied our discount code.
E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (19)
  • Receive Login Credentials – Find an email with a greeting from E8 Markets, which will redirect you to the E8X Dashboard, where you can access your login credentials for your newly purchased trading account.
E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (20)
E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (21)

Conclusion

In conclusion, E8 Markets is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between two funding programs: the E8 Account, which is a two-step evaluation, and the E8 Track, which is a three-step evaluation.

E8 Markets’ E8 Account is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% profit splits. Traders must reach profit targets of 8% in phase one and 4% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 4% maximum daily and 8% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during both evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the E8 Account features a scaling plan, providing you with the opportunity to increase your initial account balance.

On the other hand, E8 Markets’ E8 Track is a three-step evaluation that requires the completion of three phases before becoming eligible to manage a funded account and earn 80% profit splits. Traders must reach profit targets of 8% in phase one, 4% in phase two, and 4% in phase three to become successfully funded. These are realistic trading objectives, considering you have a 4% maximum daily and 8% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during all three evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the E8 Track features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend E8 Markets to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with unique features, such as drawdown scaling, an unlimited trading period, no minimum trading day requirements, a first withdrawal after only 8 calendar days, an affordable E8 Track evaluation, and an opportunity to customize your program. After considering everything E8 Markets has to offer to traders all across the globe, they can undoubtedly be regarded as one of the industry-leading prop firms.

Our detailed review of E8 Markets was last updated on 07.02.2024 at 10:08 (CE(S)T).

What are your individual opinions on E8 Markets and the services they offer? Do they align with the trading conditions and services you’ve been seeking?

Let us know if you enjoyed our detailed E8 Markets review by commenting below!

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E8 Markets Review (10% Discount Code: FOREXPROPREVIEWS) - Forex Prop Reviews (2024)

FAQs

What is the E8 funding rule? ›

The E8 Account allows users to receive 80 % of the earnings they have generated while trading on simulated platform in each 14-day period once they become E8 Trader. Users of standard (regular) E8 Accounts are eligible to receive their first payout after 8 days, and then every 14 days after each payout thereafter.

What broker does E8 funding use? ›

E8 Funding doesn't use common broker brands. Instead, they trade directly through a top-tier liquidity provider who gives them direct market access with no commissions, low spreads, and flawless execution through their E8 MT4 Server.

What is E8 track account? ›

E8 Track is our alternative, 3-Phase evaluation platform whereby users who have proven that they are ready to manage a simulated portfolio can pay a lower fee to gain access to our platform. In exchange for this lower fee, users will go through an additional evaluation phase as compared to other E8 users.

Is E8 prop firm legit? ›

E8 Funding Trustworthiness & Reputation

E8 Funding is a newer Forex prop firm founded in 2021. It has a 4.7 out of 5.0 rating on Trustpilot based on 1,081 reviews.

What is the daily drawdown on E8? ›

Daily Drawdown is initially calculated by 4% of your initial balance or scaled balance (balance after payout) of your account. It is then calculated of the starting equity or the balance of each new day (depending on which is higher) during market rollover (00:00 UTC + 3).

How legit is E8 funding? ›

In conclusion, E8 Funding Prop Firm is a legitimate and reputable broker that offers traders access to a funded trading account without requiring any upfront capital.

Does E8 accept US clients? ›

We accept clients from all over the world, but to receive payouts, all E8 Traders have to undergo plane.com KYC or riseworks.io KYC.

Does E8 funding accept US clients? ›

In a notable development, E8 Funding is also reopening its doors to U.S. clients, expanding its market reach and offering American traders the opportunity to leverage its trading services and the newly implemented platform.

How much is the E8 fee? ›

Each user pays a one-time fee based on the account they choose. E8 does not charge users any other fees, and users are not responsible for financial losses modeled in the E8 Trader account. Simulate profitable trades and keep up to 100 % of the hypothetical profits you generate on our simulated platform.

How long does it take to withdraw from E8 funding? ›

The first payment will be eligible after 8 calendar days (8 days from the first day of the first trade). All other payouts can be submitted on a 14-day basis. You will see your current payout eligibility day in your E8X Dashboard. The payouts are processed within 1-2 business days (excluding weekends).

How to get free funding for forex? ›

How to get funded forex account for free
  1. Join Free Funded Trading Challenges. ...
  2. Participate in Trading Contests. ...
  3. Seek Partnerships with Proprietary Trading Firms.
Apr 2, 2024

What is the max allocation for E8? ›

Trading opportunities and how much capital you can trade remotely. If you purchase our E8 Account, you will receive the same amount of capital that you applied for in the evaluation. Currently we offer up to $400,000 in this program.

What is the payout for e8funding? ›

How Much Is The E8 Funding Payout? E8 Funding shares the profits with the trader with an 80% profit split. You get 80% of all the profits that you make once you get funded, and the prop firm keeps 20% for them. Unlike some other companies, there's no minimum profit to receive your 80% share.

How many E8 funding accounts can I have? ›

How many accounts can I apply for at once? How many accounts can I apply for at once? What is the maximum number of E8 accounts I can apply for? You can have as many E8 and E8 Track accounts as you want in Phase-1, but in Phase-2 the maximum you can manage is $400,000 in E8 Track and E8 accounts (€320,000/£288,000).

Can you trade news with E8 funding? ›

To clarify, it is not a direct violation of E8's rules for a user to trade on news on the provided simulated platform. However, users should be aware that slippages may occur (as they would if this was a live market) and that the user is ultimately responsible should a slippage cause it to violate the max loss rules.

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