E8 Markets Overview
| Founder | Dylan Elchami |
| Founded | 2021 (Rebranded in 2024) |
| Headquarters | Dallas, Texas, USA |
| Evaluation Models | 1-Step, 2-Step, 3-Step |
| Max Allocation | $400K (Up to $2M with scaling) |
| Assets | CFDs (Forex, Metals, Indices, Crypto), Futures |
If you’re a fan of prop firm trading, you’ve probably heard of E8 Funding. That was the old version of what’s now called E8 Markets, and that’s exactly what I’m going to explain to you today!
If forex or futures are where your trading passion lies, the E8 Markets prop firm might be just the place to take your skills to the next level. By reading this E8 Markets review, you’ll better understand its evaluation programs, trading rules, pricing, and more!
- E8 Markets is the rebranded version of E8 Funding, offering new tools, flexible evaluation models, and focused trading programs for Forex and Futures.
- The firm offers 1-step, 2-step, and 3-step evaluation programs with various drawdown options, profit targets, and no time limits.
- Each evaluation model comes with customizable account sizes, ranging from $5K to $500K for Forex and up to $150K for Futures.
- Pricing depends on the account type, drawdown percentage, and payout share—making it more flexible than fixed-rate prop firms.
- Traders can choose from several platforms, including cTrader, TradeLocker, Match-Trader, and Virtual Markets.
- Futures evaluations include unique risk controls like daily pause rules and trailing EOD drawdowns, supporting multiple trading styles.
- E8 allows trading during news events, the use of EAs, and does not enforce consistency during evaluations (except in Pro accounts for 100% payouts).
- Customer reviews on Trustpilot are generally positive, though some traders mention rigid evaluations and slow support.
- Strict rules on risk management, HFT, and account hedging are in place to maintain fair and transparent trading conditions.
Is E8 Markets the Same as E8 Funding?
E8 Markets is a rebranded version of E8 Funding, initially launched in November 2021 by Dylan Elchami. In 2024, the company rebranded to E8 Markets to better align with its vision, offering advanced tools and personalized evaluation programs.
E8 Markets provides three evaluation programs for Forex and three models for Futures. In the following sections, you’ll find a complete E8 Markets review, where I cover all the details of their evaluation programs.
E8 Markets Review on Evaluation Programs
To become an E8 trader, you’ll need to complete one of the E8 Market evaluation programs successfully. In this E8 Markets review, I discuss everything you need to do to be known as an E8 trader.
The E8 Markets prop firm offers three different evaluation models for both Forex and Futures traders. Below, I’ll walk you through the features for each program.
1-Step Evaluation Program
At the 1-Step evaluation, you need to pass a challenge with a specific account known as E8 One.
This is the easiest way to get started with a high pass rate. Here’s a quick look at the main rules of this step:
- Profit Target: This is the amount of profit you need to achieve to move on to the next phase or become an E8 Trader. For the E8 One account, your target depends on the drawdown you choose. For example, if you select a 4% drawdown, your target will be 6%. You can easily see the different percentages for drawdown on the E8 Markets homepage, and it will show you how it affects the profit target and other rules.
- Max Daily Drawdown: This is the limit on how much you can lose in a day. It’s designed to help you manage risk and stay in control.
- Trailing Drawdown: This one adjusts your maximum loss based on your highest account balance. You can start with different percentages such as 4%, 6%, 8%, 10%, or 14%.
- Trading Days: You don’t have a limit on how many trading days you can take to complete the evaluation or move on to the E8 Trader stage. Just keep in mind that if you don’t use your account for 90 consecutive days, it’ll be closed.
- Account Balance: You can choose your account balance from $5K up to $ 500 K.
E8 Markets 2-Step Evaluation Program
Your account type for this model is called E8 Classic, which has two phases:
2-Step Evaluation: Phase 1
Here’s what you need to pass in the first phase with this model:
- Profit Target: Similar to the previous evaluation model, your profit target in this phase depends on your chosen initial balance drawdown. For this phase, the starting point is 6%. For example, if you select an 8% initial balance drawdown, your profit target will be 8%.
- Maximum Daily Loss: Your maximum daily loss also depends on your chosen drawdown. For an 8% drawdown, this limit is set to 4%.
- Maximum Overall Loss: This also depends on the drawdown you choose at the zero point.
- Time Limit: There’s no time limit in this phase, so you can work at your own pace.
- Minimum Trading Days: You need to execute at least one trade daily. In other words, a minimum of one trading day is required.
- Available Account Balance: $10K, $25K, $50K, $100K, $ 200 K.
2-Step Evaluation: Phase 2
The options in phase 2 of the E8 Markets evaluation prop firm are very similar to Phase 1, with just one key difference. The profit target for this phase is half of what you need in Phase 1. Remember, this target depends on your chosen drawdown. For example, if you selected a 6% drawdown in Phase 1 that needs a 6% profit target, your target in Phase 2 will be 3%. All other rules remain the same as in Phase 1.
E8 Markets 3-Step Evaluation Programs
E8 offers two types of accounts for its 3-step evaluation: E8 Track 1:1 and E8 Track, each with 3 phases.
E8 Track 1:1 Account Rules
Based on the initial drawdown you select, you will trade with the same rules on all three phases at this account, from 3% to 8%.
Let’s say you go with a 5% drawdown. That means:
- Profit Target: 5%
- Max Daily Loss: 5%
- Max Overall Loss: 5%
- Available Account Balance: $10K, $25K, $50K, $100K, $200K, $400K
E8 Track Account: Phase 1
Now, for the E8 Track account, the first phase works a bit differently than the previous model. If you select a 6% drawdown, your phase 1 rules would be:
- Profit Target: 6%
- Max Daily Loss: 3%
- Max Overall Loss: 6%
- Available Account Balance: $10K, $25K, $50K, $100K, $200K, $400K
- Drawdown Options: 6%, 8%, 10%, 14%
E8 Track Account: Phase 2 & 3
The rules for phases 2 and 3 are the same as below (with a 6% drawdown):
- Profit Target: 3%
- Maximum Daily Loss: 3%
- Maximum Overall Loss: 6%
- Account Balance: 10K, 25K, 50K, 100K, 200K, 400K
- Initial Drawdown: 6%, 8%, 10%, 14%
E8 Markets Review on Forex Platforms
If you’re a forex trader, you can choose any of the evaluation models above and trade on platforms like cTrader, TradeLocker, Match-Trader, or Platform 5 by Virtual Markets. Each platform offers its own unique features to match different trading styles and preferences.
E8 Markets Review on Futures Trading
So far, all I have explained was about the E8 Markets review for forex traders. Now, if you’re interested in futures trading, good news! E8 Markets has three flexible evaluation models for you, with account sizes of $50K, $100K, or $ 150 K. Just like in their forex programs, you can choose your preferred drawdown level and trade using the E8 Futures platform. Each model comes with its own rules, so you can find one that suits your style.
The drawdown options for this model start from 3% to 8%. For example, with a 3% drawdown, your trading rules will be:
- Profit Target: 4.5%
- Daily Pause Allowance: If your daily loss hits 1.5% (half your max drawdown), trading is paused until the next day (server time). It’s a smart risk management tool.
- EOD Drawdown: EOD (End of the Day) drawdown limits your losses based on your highest account balance. With a 3% drawdown, the EOD limit is 3%.
- Time Limit: None
- Minimum Trading Days: Not required
- Available Account Sizes: $50K, $100K, $150K
- Drawdown Options: 3%, 4%, 5%, 6%, 7%, 8%
Model 2
Available drawdown percentages for this model are: 3% to 8%. With a 5% drawdown, here’s what to expect:
- Profit Target: 10%
- Daily Pause Allowance: None, you’re in full control.
- EOD Drawdown: 5% trailing
- Minimum Trading Days: Just 1
- Time Limit: None
- Available Account Sizes: $50K, $100K, $150K
- Drawdown Options: 3%, 4%, 5%, 6%, 7%, 8%
Model 3
The drawdown rates on this model will be a bit limited, starting from 3% to 5%. Choosing a 3% drawdown would mean:
- Profit Target: 6%
- Daily Pause Allowance: Not included.
- EOD Trailing Drawdown: 3%
- Minimum Trading Days: 1
- Time Limit: None
- Account Sizes: $50K, $100K, $150K
- Available Drawdowns: 3%, 4%, 5%
E8 Markets Review on Pricing Structure
E8 gives you several account options, with balances ranging from $5,000 to $400,000. Unlike some other prop firms like FTMO or FundedNext, E8 Markets doesn’t have one fixed price for each account. Instead, the prices, even for one account, change based on the drawdown limit and the payout share you choose.
For example, if you go with a 1-step evaluation (E8 One account) and choose a 4% drawdown, the price will be different than when choosing a 5% drawdown again on the E8 One account. You can see all the pricing options on their official website, too. The table below shows the prices with a 4% drawdown and an 80% payout share.
| Account Balance | 5K | 10K | 25K | 50K | 100K | 200K | 400K | 500K |
|---|---|---|---|---|---|---|---|---|
| E8 One | $40 | $72 | $154 | $235 | $398 | $650 | $1,301 | $1,627 |
If you choose the 2-step model evaluation with an 8% drawdown and an 80% payout share, the price you’ll need to pay is as follows. Remember that with the same account, the prices vary as your drawdown and payout share change.
| Account Balance | 5K | 10K | 25K | 50K | 100K | 200K |
|---|---|---|---|---|---|---|
| E8 Classic | $59 | $110 | $154 | $235 | $398 | $650 |
And if you choose the 3-Step evaluation along with the E8 Track 1:1 account, with a 5% drawdown and an 80% payout share, the prices would be as follows:
| Account Balance | 10K | 25K | 50K | 100K | 200K | 400K |
|---|---|---|---|---|---|---|
| E8 Track 1:1 | $59 | $138 | $208 | $358 | $598 | $1,188 |
Finally, for the E8 Track account with an 8% drawdown and 80% payout share, the prices are:
| Account Balance | 5K | 10K | 25K | 50K | 100K | 200K | 400K | 500K |
|---|---|---|---|---|---|---|---|---|
| E8 Track | $58 | $106 | $226 | $346 | $586 | $958 | $1,918 | $2,398 |
Remember that these prices are updated regularly, so be sure to check the website frequently for the latest information.
E8 Markets Leverage and Instruments
Based on my research for this E8 Markets review, it offered a wide range of assets like forex, crypto, metals, and CFDs before their rebranding. But since 2025, they’ve decided to focus only on forex and Futures. The E8 Markets leverage ratios for Forex assets are offered at 1:30 and 1:50.
So, E8 Markets can be a great choice if you trade forex or Futures. But if you’re interested in other assets too, you might want to look into platforms like Funding Pips.
E8 Markets Reviews on Trustpilot
Along with reading this E8 Markets review, I also recommend checking out customer reviews on platforms like Trustpilot. Hearing about other people’s experiences can give you a better understanding. When I checked E8 Markets Trustpilot reviews, most of the reviews were very positive about the firm, with up to 2k comments. However, a few users mentioned issues with the evaluation phases being a bit rigid. Some also had concerns about slow customer support.
E8 Markets Rules: Dos and Don’ts
Like other trading prop firms, E8 Markets also has its own trading rules and instructions. Here are the most important and general E8 Markets rules you need to follow:
Avoid All-or-Nothing Trades
Don’t risk your entire daily drawdown on a single trade. E8 considers this overly aggressive behaviour and will terminate your account if you do it. (They’ll refund you)
Don’t Hedge Across Multiple Accounts
Avoid placing opposite positions on the same asset using different accounts, even if they all belong to you. This is strictly prohibited.
Use EAs Responsibly
You can use Expert Advisors (EAs) with your unique strategy. If E8 detects multiple users using the same trades or setup, they’ll terminate those accounts.
Also, make sure you:
- Keep order modifications (like TP/SL changes) under 2,000 daily.
- Limit your total positions to 2,000 per day.
Limit High-Frequency Trading
Don’t hold more than 50% of your trades for under a minute. E8 uses this rule to prevent high-frequency trading strategies that could give traders an unfair advantage.
Trade the News, But Stay Cautious
E8 allows news trading in all phases. However, big moves during announcements can lead to slippage, which might trigger your loss limits.
Be Consistent and Get Rewarded
Evaluation programs don’t require consistency in the E8 Markets prop firm. However, with an E8 Pro account, you can request a payout whenever you want if you meet all consistency requirements. For example, if you hit 10 profitable days, E8 will boost your payout share from 80% to 100%. If you are unfamiliar with consistency rules in the context of trading prop firms, our article about consistency in prop firms will really help you.
E8 Markets Prop Firm Pros and Cons
I hope this E8 Markets review, from its evaluation programs to pricing and available assets, has helped you clearly understand how it works. However, if you’re still unsure whether this prop firm fits your needs, I hope the listed pros and cons make your decision easier!
| Pros | Cons |
|---|---|
| ✅ Multiple Evaluation Programs | ❌ Limited Support Availability (24/5) |
| ✅ 100% Payout Sharing | ❌ Withdrawal Frequency with Payout Schedule |
| ✅ Trading Platform Variety | ❌ Limited Financial Instruments (Forex and Futures) |
Conclusion
You can find all the details in this E8 Markets review if you’re wondering whether this prop firm is a good choice. Personally, I can’t give you advice on whether to use it or not. However, if Forex and futures are your favorites, E8 Markets is definitely worth giving a chance. You can also explore our other reviews on trading prop firms, where we provide full details on each one at Traders Fund Hub.
