E8 Markets Review

E8 Markets (formerly E8 Funding) is a proprietary trading firm founded in November 2021 and headquartered in Dallas, Texas. The firm offers funded accounts up to $500,000 with scaling potential to $1 million, profit splits from 80% to 100%, and on-demand payouts after an initial 14-day waiting period. Trading is available on Match Trader, cTrader, and TradeLocker across forex, indices, commodities, and crypto CFDs.

How E8 Markets Works

E8 Markets offers multiple evaluation programmes with different structures and price points. The firm has evolved its product lineup significantly since launch, with the current offerings including E8 One, E8 Classic, E8 Track, and ELEV8 programmes. Entry fees start from around $33 (with discount codes), and all evaluation fees are refunded with the first profit payout.

A distinctive feature is the customisable drawdown limits on some account types — traders can adjust their risk parameters based on their trading style, which is unusual in the prop firm space.

Programme Overview

E8 One

The simplest path to funding — a single-phase evaluation with an 8% profit target. No minimum trading days required. The drawdown limits are customisable, letting traders set their own risk tolerance. Profit split is 80%.

E8 Classic

The standard two-phase evaluation with 8% and 5% profit targets. This is E8's core offering and the closest comparison to FTMO's 2-step model. Profit splits start at 80% and can reach 100% with consistent performance. Account sizes go up to $500,000 — larger than most competitors offer as an initial funded balance.

ELEV8

A two-step challenge with a built-in scaling component. After passing, accounts scale by $100,000 monthly when hitting approximately 16% profit targets. The profit split is 90% from the start. This programme suits traders focused on rapid capital growth.

Pricing

E8 Markets regularly runs discount codes offering 15-20% off these prices. With discounts applied, a $100K Classic account can be under $350 — significantly cheaper than FTMO (€540) or FundedNext ($499) at the same tier.

Trading Rules

The 40% Best Day rule is the key restriction — no single trading day can account for more than 40% of total profits. This is similar to FundedNext's consistency rule and is designed to ensure traders show repeatable performance.

On the positive side, there are no minimum trading days, and news trading and weekend holding are both allowed — more permissive than many competitors.

Trading Platforms

• Match Trader: Web-based platform recommended by E8 for beginners — clean interface with built-in analytics
• cTrader: Advanced charting, Level II pricing, and cAlgo for algorithmic strategies
• TradeLocker: Modern, TradingView-powered charting with an intuitive interface

E8 Markets does not offer MetaTrader 4 or MT5 — a notable gap for traders with existing MT4/MT5 EAs or workflows. The three platforms available are modern and capable, but the absence of MetaTrader may be a dealbreaker for some.

Instruments

• Forex: Major, minor, and exotic currency pairs
• Indices: Global stock indices
• Commodities: Metals, energies
• Crypto: Major cryptocurrency CFDs

Profit Split and Payouts

Profit splits start at 80% and can scale to 100% based on consistent performance. The ELEV8 programme starts at 90%. Payouts can be requested on demand after the initial 14 calendar days on the funded account.

Payout methods include bank transfer and crypto (via Rise and Plane). The inclusion of bank transfers is an advantage over crypto-only firms like FundedNext. Payouts are processed within 1-2 business days.

Scaling Plan

E8 Markets' scaling approach varies by programme:

• E8 Classic/Track: Balance increases with each successful payout, and the overall drawdown limit rises by 1% per payout up to 14%
• ELEV8: Accounts scale by $100,000 monthly when hitting profit targets
• E8 One: No scaling — growth through compounding or adding additional accounts
• Maximum funding: Up to $1,000,000

Who Is E8 Markets Best For?

E8 Markets suits traders who want affordable evaluations with flexible rules. The customisable drawdown limits on E8 One, no minimum trading days, and allowed news/weekend trading make it one of the most permissive prop firms available.

The firm is less suited to traders who need MetaTrader platforms or who prefer a prop firm with a longer track record. Founded in 2021, E8 is newer than established firms like FTMO (2015) and The5ers (2016).

Final Thoughts

E8 Markets offers strong value at competitive prices, with genuinely flexible trading rules and customisable risk parameters. The 40% Best Day rule is the main restriction, but it is offset by the lack of minimum trading days and permissive news/weekend trading policies. For budget-conscious traders comfortable with Match Trader, cTrader, or TradeLocker, E8 Markets is worth serious consideration.

Frequently Asked Questions

How much does the E8 Markets challenge cost?

E8 Markets evaluation fees start from around $38 for a $5,000 Classic account. A $100,000 Classic account costs $398, and discounts of 15-20% are regularly available. All fees are refunded with the first profit payout.

What is the profit split at E8 Markets?

Profit splits start at 80% and can scale to 100% based on consistent performance. The ELEV8 programme starts at 90%. Payouts are available on demand after the initial 14-day period.

Does E8 Markets offer MetaTrader?

No. E8 Markets provides Match Trader, cTrader, and TradeLocker. MetaTrader 4 and MT5 are not available. Traders with existing MT4/MT5 EAs will need to adapt or choose a different prop firm.

How long does E8 Markets take to pay out?

Payouts are processed within 1-2 business days via bank transfer or crypto. The first payout is available 14 calendar days after receiving the funded account, then on demand after that.

Does E8 Markets allow news trading?

Yes. E8 Markets allows news trading and weekend holding across all programmes — more permissive than many competitors including FTMO and FundedNext.

What is E8 Markets' maximum funded capital?

E8 Markets offers initial funded accounts up to $500,000 with scaling potential to $1,000,000. The ELEV8 programme scales accounts by $100,000 monthly when hitting profit targets.