- Excellent Trustpilot rating of 4.7/5
- Two Unique Funding Programs
- Free Trial
- Professional Trader Dashboard
- A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
- USD, EUR, and GBP Account Currencies
- Leverage up to 1:50
- No Minimum & Maximum Trading Day Requirements
- Scaling Plan
- Maximum Drawdown Scaling up to 14%
- First Payout After 8 Days
- Bi-weekly Payouts
- Profit Share of 80%
- Overnight & Weekend Holding Allowed
- News Trading Allowed
- Affordable E8 Track Program
- E8 Track Program has Balance-based Drawdown
- E8 Account has Equity-based Drawdown
- Initial Maximum Drawdown of 8%
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.
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.
Who is the CEO of E8 Markets?
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.
Funding Program Options
E8 Markets provides its traders with two unique funding program options:
- E8 Account
- E8 Track
E8 Account
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 Size | Price |
---|---|
$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:
- If you are trading a $200,000 account and you make a profit of 10% ($20,000).
- Your new account balance is $220,000.
- After you request a profit split, you will receive a payout of $16,000 (80% profit split of the $20,000 generated profit)
- 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 Size | Price |
---|---|
$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:
- If you are trading a $200,000 account and you make a profit of 10% ($20,000).
- Your new account balance is $220,000.
- After you request a profit split, you will receive a payout of $16,000 (80% profit split of the $20,000 generated profit)
- 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 Objectives | E8 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 Loss | 6%, 7%, 8%, 9%, 10%, 11%, 12%, 13%, 14% |
Profit Split | 40%, 45%, 50%, 55%, 60%, 65%, 70%, 75%, 80%, 85%, 90%, 95% |
Price Range | E8 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 Objectives | E8 Markets | Finotive Funding |
---|---|---|
Phase 1 Profit Target | 8% | 7.5% |
Phase 2 Profit Target | 4% | 5% |
Maximum Daily Loss | 4% | 5% |
Maximum Loss | 8% (Scaleable up to 14%) | 10% |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
Profit Split | 80% | 75% up to 95% |
Example of comparison between E8 Markets & Funded Trading Plus
Trading Objectives | E8 Markets | Funded Trading Plus (Advanced) |
---|---|---|
Phase 1 Profit Target | 8% | 10% |
Phase 2 Profit Target | 4% | 5% |
Maximum Daily Loss | 4% | 5% |
Maximum Loss | 8% (Scaleable up to 14%) | 10% (Trailing) |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
Profit Split | 80% | 80% up to 100% |
Example of comparison between E8 Markets & FundedNext
Trading Objectives | E8 Markets | FundedNext (Stellar) |
---|---|---|
Phase 1 Profit Target | 8% | 8% |
Phase 2 Profit Target | 4% | 5% |
Maximum Daily Loss | 4% | 5% |
Maximum Loss | 8% (Scaleable up to 14%) | 10% |
Minimum Trading Days | No Minimum Trading Days | 5 Calendar Days |
Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
Profit Split | 80% | 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.
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 Markets is 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.
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.
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/CAD | AUD/CHF | AUD/JPY | AUD/NZD | AUD/SGD | AUD/USD |
AUD/ZAR | CAD/CHF | CAD/JPY | CHF/HUF | CHF/JPY | CHF/ZAR |
EUR/AUD | EUR/CAD | EUR/CHF | EUR/CZK | EUR/GBP | EUR/HUF |
EUR/JPY | EUR/MXN | EUR/NOK | EUR/NZD | EUR/PLN | EUR/RUB |
EUR/SEK | EUR/SGD | EUR/USD | EUR/ZAR | GBP/AUD | GBP/CAD |
GBP/CHF | GBP/JPY | GBP/NZD | GBP/SGD | GBP/USD | GBP/ZAR |
NOK/SEK | NZD/CAD | NZD/CHF | NZD/JPY | NZD/SEK | NZD/SGD |
NZD/USD | SGD/JPY | USD/CAD | USD/CHF | USD/CZK | USD/HKD |
USD/HUF | USD/ILS | USD/JPY | USD/MXN | USD/NOK | USD/PLN |
USD/RUB | USD/SEK | USD/SGD | USD/ZAR | ZAR/JPY |
Commodities
XAG/USD | XAU/USD | XPD/USD | XPT/USD |
BRENT | WTI | NGAS |
Indices
AUS200 | F40 | GE30 | US30 | UK100 |
HK50 | JP225 | US100 | US500 | STOXX50 |
Cryptocurrencies
BCH/USD | BTC/USD | ETH/USD | LTC/USD |
Trading Fees
Trading Commission
Trading Instrument | Commission 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.
Platform | Server | Login Number | Password | Download Platform |
---|---|---|---|---|
MetaTrader 5 | PurpleTradingSC-01MT5 | 5011156 | Db@pZz1f | Click 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
Trustpilot Feedback
E8 Markets has gathered an excellent score on Trustpilot based on their community’s feedback.
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.
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 disbursements and swift resolution of payment method issues, particularly in the aftermath of the past Deel incident.
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.
1,300 Followers & 972 Likes | |
17,400 Followers | |
30,400 Followers | |
YouTube | 2,060 Subscribers |
Telegram | 5,276 Members |
Customer Support
Live Chat | |
support@e8funding.com | |
Phone | |
Discord | |
Telegram | Telegram Link |
FAQ | E8 Account FAQ Link E8 Track FAQ Link |
Help Center | Help Center Link |
Messager | |
Supported Languages | English |
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?
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