E8 Markets brings a fresh approach to the prop trading world, offering traders access to substantial virtual capital and flexible funding opportunities. Launched in 2021, the firm allows traders to prove their skills with funding up to $400,000. With over $35 million in payouts and a community of more than 200,000 traders, E8 Markets is quickly becoming a popular choice for those looking to scale fast.
Key features include flexible trading days, quick payouts, and a profit share of up to 100%. This makes E8 Markets appealing to traders of all experience levels, offering plenty of room for growth and earning potential.
About E8 Markets
Founded in 2021, E8 Markets has quickly established itself as a trader-friendly platform, offering fair and flexible funding options. With up to $400,000 in virtual capital and a unique scaling system, traders can grow their account balance with each successful payout. E8 Markets has built a reputation for catering to traders’ needs, making it a standout choice in the industry.
What makes E8 Markets different is its focus on simplicity and flexibility. Traders can choose between a one-step or two-step evaluation process, and they can start earning profits as early as eight days into their evaluation. With no limits on minimum or maximum trading days, the firm allows traders to move at their own pace, an attractive feature for those who value independence.
The platform’s success is driven by cutting-edge technology, including TradingView-powered charting and access to platforms like MatchTrader and MT5, providing a smooth and reliable trading experience. With more than $35 million in payouts and top traders earning over $500,000, E8 Markets offers the tools and opportunities for traders to grow and thrive.
Funding Program Options
E8 Markets offers three flexible evaluation paths, allowing traders to prove their skills and unlock funding. Each path has different levels of validation, but all give traders control over their trading pace while meeting specific profit and drawdown targets.
1-Step Evaluation
The 1-Step Evaluation is the quickest route to becoming an E8 Trader. Traders need to achieve a 10% profit target with no limits on trading days, so they can take their time. A 4% daily drawdown and a 6% trailing drawdown are in place to manage risk. Once traders hit their target, they can start earning profits right away, with payouts available anytime. This option is best for those looking for a fast and simple path to funding.
2-Step Evaluation
For a more structured process, the 2-Step Evaluation offers an extra layer of validation. In Phase 1, traders must reach an 8% profit target, staying within a 4% daily drawdown and an 8% overall drawdown. After completing Phase 1, traders move to Phase 2, where they aim for a 4% profit target under the same drawdown rules. Like the 1-Step option, there are no restrictions on the number of trading days, giving traders full flexibility. This path is great for traders seeking to prove consistency across two stages before entering the funded stage.
3-Step Evaluation
The 3-Step Evaluation is the most thorough, designed for traders looking to prove their long-term consistency. In the first phase, traders need to meet an 8% profit target with a 4% daily and 8% overall drawdown. Phases 2 and 3 lower the profit target to 4%, while maintaining the same drawdown limits. Like the other evaluations, there are no time constraints, allowing traders to progress at their own speed. This program is ideal for traders who want to demonstrate steady profitability over multiple phases.
Once traders complete any of the evaluation paths, they move into the funded stage and can request payouts anytime. Each evaluation offers flexibility and the chance to progress at your own pace, catering to different trading styles and preferences.
Fees
E8 Markets offers a straightforward and competitive fee structure based on the evaluation program and account size. The firm ensures full transparency, with no hidden fees, so traders know exactly what they’re committing to upfront.
For the 1-Step Evaluation, traders can choose funding from $5,000 to $400,000. Fees start at $54 for a $5,000 account and go up to $1,790 for the $400,000 option. This program is ideal for those looking to fast-track their funding with a lower initial cost.
The 2-Step Evaluation provides funding options ranging from $5,000 to $100,000, with fees between $71 and $706. This program offers a more structured evaluation while keeping costs manageable for traders looking for moderate account sizes.
For the 3-Step Evaluation, funding ranges from $10,000 to $400,000, with fees starting at $67 and reaching up to $1,331. This option is designed for traders seeking a more in-depth evaluation of their consistency and risk management.
Once the evaluation fee is paid, there are no additional costs, allowing traders to focus solely on reaching their profit targets and growing their accounts without worrying about recurring charges.
Tradable Assets
E8 Markets offers a wide variety of tradable assets, allowing traders to develop diverse strategies across multiple markets. Whether you’re focused on traditional assets or venturing into cryptocurrencies, the platform provides ample options for both experienced and novice traders.
Forex (FX)
Traders can access major, minor, and exotic currency pairs, including popular pairs like EUR/USD, GBP/USD, and USD/JPY, as well as more exotic options like USD/TRY and USD/ZAR. With deep liquidity and market volatility, the forex market offers numerous opportunities for traders, regardless of their preferred timeframes.
Commodities
E8 Markets supports trading in key commodities like gold, silver, crude oil, and natural gas. These assets are popular for hedging against inflation or market downturns and offer traders the chance to diversify their portfolios with tangible goods.
Indices
For those interested in market-wide performance, E8 Markets provides access to major global indices such as the S&P 500, NASDAQ, FTSE 100, and DAX 30. Trading indices allows traders to bet on the broader movements of economies and sectors instead of focusing on individual stocks.
Cryptocurrencies
With the growing popularity of digital currencies, E8 Markets gives traders access to major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and others. The crypto market’s high volatility presents many opportunities for traders to take advantage of rapid price swings.
Stocks
Although E8 Markets emphasizes forex, commodities, and indices, they also offer access to individual stocks, giving traders the ability to trade popular equities alongside other asset classes.
This extensive selection of tradable assets enables E8 Markets traders to diversify and capitalize on opportunities across various financial markets.
Restrictions
E8 Markets enforces a set of rules designed to ensure fair trading while allowing traders to demonstrate their skills responsibly. These guidelines protect the firm’s capital and maintain the platform’s integrity, while still giving traders room to execute their strategies.
All-or-Nothing Trading
Traders are not allowed to risk their entire account balance on a single trade. This highly risky approach violates E8 Markets’ policies and will lead to account termination. Responsible risk management is key to maintaining a valid account.
Hedging Policies
Hedging, or opening opposing positions on the same asset across multiple accounts, is prohibited—even if both accounts belong to the same trader. This practice undermines the platform’s fairness and any violation of this rule will result in account closure.
Use of Expert Advisors (EAs)
E8 Markets permits the use of Expert Advisors (EAs), but with restrictions. Traders must use unique strategies, and if multiple accounts are found using the same EA, it could lead to suspension or termination. There’s also a daily server request cap of 2,000 actions, including modifying orders like take profits and stop losses. Additionally, traders are limited to 2,000 positions per day.
Irresponsible Trading in Simulated Accounts
Traders engaging in large-volume trades without proper analysis or strategy are penalized. E8 Markets sees this behavior as misuse of the simulated environment, as it doesn’t generate meaningful data for evaluation. Traders are expected to follow sound market strategies.
Evaluation Completion and Account Management
During the evaluation phase, traders must complete their evaluation independently. Copying trades between evaluation accounts, whether manually or via EAs, is strictly prohibited. However, once a trader completes the evaluation and reaches the E8 Trader stage, they can copy trades between accounts as long as they can prove ownership of the accounts involved.
These rules ensure that traders operate with responsibility and fairness while navigating the evaluation process and managing their accounts.
Challenge
E8 Markets offers a flexible and rewarding evaluation process to help traders secure funding. Traders can choose between three evaluation formats: 1-Step, 2-Step, or 3-Step, each with different profit targets and complexity levels. These challenges provide an opportunity for traders to showcase their skills while adhering to strict risk management rules.
1-Step Evaluation
In the 1-Step challenge, traders must reach a 10% profit target with a maximum daily drawdown of 4% and a trailing drawdown of 6%. There are no time limits, so traders can take as long as they need. This format simplifies the process, requiring traders to focus on hitting their target without the stress of multiple phases. Upon reaching the 10% target, traders qualify for funding and can start earning profits immediately.
2-Step Evaluation
The 2-Step evaluation offers a more structured challenge. In Phase 1, traders must achieve an 8% profit target with a 4% daily drawdown and an 8% total drawdown. In Phase 2, the target lowers to 4%, while the drawdown limits remain the same. Like the 1-Step option, there are no time constraints, allowing traders to move through the evaluation at their own pace. Successful completion of both phases results in a funded account.
3-Step Evaluation
The 3-Step evaluation is the most comprehensive, designed for traders who want to demonstrate long-term consistency. Phase 1 requires an 8% profit target, while Phases 2 and 3 require 4% profit targets, all with the same 4% daily and 8% total drawdown limits. Traders can proceed without any time pressure, giving them full control over their pace. Upon completing all three phases, traders qualify for a funded account.
E8 Markets’ evaluation challenges test a trader’s ability to balance profitability with disciplined risk management, offering flexibility and the chance to progress based on skill.
Conclusion
E8 Markets is a prop trading firm focused on giving traders flexibility and autonomy. Offering multiple evaluation paths and funding options up to $400,000, the platform allows traders to grow their capital while following simple, trader-friendly rules.
With a clear fee structure, diverse asset selection, and transparent challenges, E8 Markets creates an ideal environment for traders to prove their skills. Whether you choose the fast-paced 1-Step Evaluation or the more comprehensive 3-Step process, the platform provides the tools and support necessary for success.
E8 Markets promotes fair trading practices and disciplined risk management to ensure a level playing field. With quick payouts, no restrictions on trading days, and access to high-quality platforms, it provides a dynamic, supportive ecosystem for traders to thrive.
Key Features:
- Flexible Evaluations: Choose between 1-Step, 2-Step, or 3-Step evaluations that suit your style and pace.
- Generous Funding: Access up to $400,000 in funding, with potential to scale up based on performance.
- Diverse Assets: Trade in forex, commodities, indices, and cryptocurrencies for a versatile experience.
- High Profit Share: Earn up to 100% of your profits after passing the evaluation.
- Quick Payouts: Request payouts as early as 8 days in, with no limits on trading days.
Considerations:
- Strict Risk Rules: Traders must adhere to the 4% daily and 8% overall drawdown limits.
- Hedging Limits: Hedging across multiple accounts is not allowed, requiring alternative strategies.
- Use of EAs: While Expert Advisors are allowed, traders must use unique strategies to avoid issues.
E8 Markets is an excellent choice for traders seeking flexibility and growth opportunities, offering the resources to scale and succeed in the long term.
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