E8 Markets is revolutionizing the prop firm industry with its innovative approach to simulated trading and a wide range of funding opportunities. Founded in 2021, E8 Markets offers aspiring traders a platform to prove their skills with access to up to $400,000 in virtual capital. With over $35 million in total payouts and a growing community of over 200,000 traders, E8 Markets provides the tools and flexibility needed to scale quickly.
Traders benefit from flexible trading days, rapid payouts, and the chance to earn up to 100% profit share, making E8 Markets an attractive option for traders at any level.
About E8 Markets
E8 Markets was established in 2021 to provide traders with a fair and flexible platform to showcase their skills and achieve significant funding. The firm has rapidly gained a reputation for being trader-centric, offering up to $400,000 in virtual capital and a unique scaling system that allows traders to increase their account balance with each successful payout.
What sets E8 Markets apart is their commitment to simplicity and flexibility. Depending on their preference, traders can participate in a one-step or two-step evaluation process and start earning profits as early as eight days into their evaluation. With no restrictions on minimum or maximum trading days, E8 Markets enables traders to work at their own pace, making it a favored choice for those who value freedom in their trading journey.
Underpinning their success is using advanced technology, including charting tools powered by TradingView and platforms like MatchTrader and MT5, to support a seamless trading experience. With over $35 million in total payouts and a top-earning trader making over $500,000, E8 Markets is not just about funding traders; it’s about empowering them with the right tools and opportunities to grow.
Funding Program Options
E8 Markets offers three distinct evaluation paths for traders to prove their skills and unlock funding. Each path is designed flexibly, allowing traders to proceed at their own pace while meeting specific profit and drawdown requirements.
1-Step Evaluation
The 1-Step Evaluation is the most direct route to becoming an E8 Trader. In this program, traders must achieve a 10% profit target to qualify for funding. The evaluation phase has no limit on trading days, so traders can take as long as they need to hit their target.
There is, however, a daily drawdown limit of 4%, meaning the trader cannot lose more than 4% of their account balance in a single day. Additionally, a trailing drawdown of 6% is in place to protect the trader and the firm’s capital.
Once traders successfully pass the evaluation, they can begin earning profits immediately, with payouts available anytime after the trader stage is reached. This option is best suited for traders looking for a fast, straightforward path to funding without going through multiple evaluation stages.
2-Step Evaluation
For those who prefer a more structured evaluation process, the 2-Step Evaluation provides an extra layer of validation. In the first phase, traders must achieve an 8% profit target while adhering to a 4% daily drawdown and an 8% overall drawdown.
Similar to the 1-Step Evaluation, there are no restrictions on the number of trading days required, giving traders the flexibility to manage their trades without time pressure. Once the first phase is completed, traders move on to the second phase, where they must meet a 4% profit target with the same 4% daily and 8% overall drawdown rules.
Upon completing both phases, traders enter the funded stage, where they can start earning payouts anytime. This program is ideal for traders who want to demonstrate consistency over two stages, providing additional proof of their skills before receiving full funding.
3-Step Evaluation
The 3-Step Evaluation is the most comprehensive program offered by E8 Markets, designed for traders who prefer to showcase their long-term consistency. In the first phase, traders must meet an 8% profit target with a 4% daily drawdown and an 8% total drawdown.
The second and third phases have slightly reduced profit targets, requiring traders to achieve a 4% profit while following the same drawdown limits. Like the other programs, there are no maximum trading days, giving traders complete flexibility to reach their goals at their own pace.
Once all three phases are completed, traders enter the funded account stage and can request payouts anytime. This evaluation path is perfect for traders who want to prove their consistency over a more extended evaluation process, ensuring they can manage risk and maintain profitability through multiple phases.
Fees
E8 Markets offers a clear and competitive fee structure that varies depending on the evaluation program and the account size chosen. The firm ensures transparency with no hidden charges, giving traders confidence when selecting the most suitable option.
For the 1-Step Evaluation, traders can choose funding amounts ranging from $5,000 to $400,000. The corresponding fees range from $54 for a $5,000 account to $1,790 for the maximum $400,000 account. This makes the 1-Step Evaluation an attractive option for traders looking for a fast-track to funding with minimal upfront cost.
The 2-Step Evaluation offers funding from $5,000 to $100,000, with fees ranging between $71 and $706. This option gives traders a more structured evaluation process at a competitive price point, especially for those seeking moderate account sizes.
For the 3-Step Evaluation, traders can secure funding from $10,000 to $400,000, with fees ranging from $67 to $1,331. This program is designed for those looking for a more comprehensive evaluation, offering the most thorough assessment of trading consistency and risk management.
E8 Markets ensures that there are no further charges once the evaluation fee is paid, allowing traders to focus on hitting their targets and growing their accounts without worrying about ongoing costs.
Tradable Assets
E8 Markets provides a diverse selection of tradable assets, giving traders the flexibility to build and execute various strategies across multiple markets. Whether you prefer trading in traditional financial instruments or exploring the fast-moving world of cryptocurrencies, E8 Markets ensures that a broad range of options are available.
Forex (FX)
Traders can access major, minor, and exotic currency pairs. This includes widely traded pairs like EUR/USD, GBP/USD, USD/JPY, and lesser-known exotics such as USD/TRY and USD/ZAR. The deep liquidity and volatility in the forex market provide plenty of opportunities for both short-term and long-term traders.
Commodities
E8 Markets offers the ability to trade popular commodities such as gold, silver, crude oil, and natural gas. These assets are a popular choice for traders looking to hedge against inflation or diversify their portfolios, taking advantage of price movements in global markets.
Indices
For traders interested in broader market movements, E8 Markets provides access to global indices like the S&P 500, NASDAQ, FTSE 100, and DAX 30. Trading indices allow traders to speculate on the performance of entire sectors or economies, rather than individual stocks.
Cryptocurrencies
As the crypto market grows, E8 Markets offers traders access to major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and other top digital currencies. This high-volatility market presents numerous opportunities for traders to capitalize on rapid price movements.
Stocks
While E8 Markets primarily focuses on forex, indices, and commodities, they also offer access to individual stocks. Traders can trade popular stocks, making it a great option for those combining traditional equity trading with other asset classes.
With this extensive range of tradable assets, E8 Markets empowers traders to diversify their strategies and explore opportunities across various markets.
Restrictions
E8 Markets maintains a set of rules to ensure fair trading practices while allowing traders to showcase their skills responsibly. While traders have significant freedom in their strategies, there are key restrictions designed to protect both the firm’s capital and the integrity of the platform.
All-or-Nothing Trading
Risking your entire account balance on a single trade is prohibited. This excessively risky style violates E8 Markets’ terms and will result in immediate account termination. Traders must practice responsible risk management to maintain their accounts.
Hedging Policies
Hedging, which involves opening opposing positions on the same asset across multiple accounts, is strictly forbidden. This rule applies even if the accounts belong to the same trader. Hedging disrupts the integrity of the trading environment, and violating this rule will result in account termination.
Use of Expert Advisors (EAs)
E8 Markets allows using Expert Advisors (EAs), but with limitations. Each trader is expected to use their unique strategy. If multiple users are found to be using the same EA, it may lead to account suspension or termination. Additionally, the platform enforces a server request limit of 2,000 per day, including modifications of take profit (TP) and stop loss (SL) orders and general order modifications. The maximum number of positions allowed per day is also 2,000.
Irresponsible Trading in Simulated Accounts
Engaging in large-volume trades without a clear strategy or ignoring proper market analysis and risk management is unacceptable. E8 Markets views this behavior as an abuse of the simulated trading environment. Such actions will be penalized as they do not produce meaningful or viable trading data for evaluation.
Evaluation Completion and Account Management
Each trader must complete their evaluation independently. Copying trades between accounts, manually or through EAs, is strictly prohibited during the evaluation phase. This applies to copying trades from one evaluation account to another or from a master account to an evaluation account. However, once traders complete the evaluation and enter the E8 Trader stage, they can copy trades between E8 Trader accounts and evaluation accounts, provided they can verify ownership of the accounts being copied.
Challenge
E8 Markets offers a flexible and rewarding evaluation challenge designed to help traders demonstrate their skills and secure funding. Traders can choose from one of three evaluation formats: 1-Step, 2-Step, or 3-Step, each with varying levels of complexity and profit targets. The challenge provides traders with a real opportunity to prove their abilities while adhering to the platform’s risk management rules.
1-Step Evaluation
In the 1-Step challenge, traders must achieve a profit target of 10% while maintaining a maximum daily drawdown of 4% and a trailing drawdown of 6%. There are no limits on trading days, allowing traders to progress at their own pace. This format allows traders to focus on hitting their targets without the pressure of multiple evaluation phases. Once the 10% profit target is met, the trader qualifies for funding and can start earning profits immediately.
2-Step Evaluation
For traders seeking a more structured path, the 2-Step evaluation provides a two-phase challenge. In Phase 1, traders must reach an 8% profit target while adhering to a daily drawdown of 4% and a total drawdown of 8%. In Phase 2, the profit target drops to 4%, with the same drawdown limits. Similar to the 1-Step challenge, there are no limits on trading days, allowing traders to complete the challenge at their own speed. Completing both phases qualifies the trader for a funded account.
3-Step Evaluation
The 3-Step evaluation is the most comprehensive challenge, offering traders a longer-term test of consistency and risk management. In Phase 1, traders are required to meet an 8% profit target. Phases 2 and 3 both require a 4% profit target, with a maximum daily drawdown of 4% and a total drawdown of 8% across all phases. Like the other challenges, there are no time constraints, giving traders full flexibility in approaching each phase. Once all three steps are completed, the trader can access a funded account.
E8 Markets’ challenges are designed to assess a trader’s ability to balance profit generation with disciplined risk management. Traders who complete the challenge are rewarded with a funded account, where they can earn up to 100% of the profits generated.
Conclusion
E8 Markets is a prop trading firm that prioritizes flexibility and trader autonomy, offering multiple evaluation paths that cater to various trading styles and experience levels. With funding options up to $400,000, traders can substantially grow their capital while adhering to straightforward, trader-friendly rules.
The platform’s clear fee structure, diverse asset selection, and transparent challenge models provide an ideal environment for traders looking to showcase their skills. Whether you prefer the simplicity of the 1-Step Evaluation or the rigorous process of the 3-Step Evaluation, E8 Markets ensures you have the tools and support to succeed.
The platform’s focus on fair trading practices and responsible risk management also ensures a level playing field for all participants. With quick payouts, no limits on trading days, and access to high-quality trading platforms, E8 Markets offers a dynamic and supportive ecosystem for traders to unlock their full potential.
Key Features:
- Flexible Evaluation Programs: Choose between 1-Step, 2-Step, or 3-Step evaluations to suit your trading style and pace.
- Generous Funding Options: Traders can access up to $400,000 in funding, with scaling opportunities for consistent performance.
- Diverse Tradable Assets: Access a wide range of markets including forex, commodities, indices, and cryptocurrencies.
- High Profit Share: Traders can earn up to 100% of their profits after the evaluation process.
- Quick Payouts: First payouts can be requested as early as 8 days after starting with no restrictions on trading days.
Considerations:
- Strict Risk Management: Adherence to the 4% daily and 8% overall drawdown limits is essential to avoid disqualification.
- Hedging Restrictions: Hedging across multiple accounts is prohibited, requiring traders to adopt alternative risk management strategies.
- Use of EAs: While Expert Advisors are allowed, traders must use unique strategies to avoid account termination.
For those seeking a prop trading firm that offers both opportunity and flexibility, E8 Markets is an excellent choice, allowing traders to scale their trading journey and achieve long-term success.
E8 Markets Review Details
