E8 Markets is a revolutionary evaluation company that offers aspiring traders the chance to prove their mettle in a simulated trading environment. Launched in 2021, E8 Markets has quickly become a favorite among traders, providing access to up to $400,000 in virtual capital and the potential to earn real payouts. With no minimum or maximum trading days and a streamlined evaluation process, E8 Markets is designed to reward consistent performance and effective risk management.
While rebranding doesn't work for many, E8 Funding which is now E8 Markets has proved everybody wrong. With their motto: Trade, Learn, and Earn, E8 Markets is taking the prop trading world by storm. E8 Markets doesn't only aim to support traders financially but also in every sphere of life. In this blog post, we have covered every detail of this progressive prop firm from custom evaluations to speedy payout process.
⚡ What is E8 Markets?
E8 Funding, now known as E8 Markets, is a proprietary trading firm founded by CEO Dylan Elchami in November 2021. The company is headquartered in Dallas, Texas, USA, with an additional office in Prague, Czech Republic. E8 Market offers traders the opportunity to manage funded accounts by successfully completing a trading evaluation process. Elchami's vision was to create a unique and approachable way for individuals to become professional, funded traders, managing capital remotely from anywhere in the world. The company aims to simplify trading for individuals by offering strategic partnerships and innovative software solutions.
| Key Feature | Details |
|---|---|
| CEO | Dylan Elchami |
| Platform | MT4 and MT5 |
| Payout Split | Upto 95% |
| Payouts | 8 Days |
| Subsequent Payouts | 14 Days |
| Daily Drawdown | 4% |
| Headquarters | USA |
| Expert Advisors | Allowed (Third Party is not allowed) |
| Max Funding | $400,000 |
| Funding Programs | 1-Step, 2-Step, and 3-Step Evaluation |
| Leverage | Forex 1:50, Indices: 1:25, metals 1:25, Crypto 1:2 |
| Weekend Holding | Allowed |
| Contact | Discord, Helpcenter, etc. |
| Trustpilot Rating | 4.7/5.0 |
How Does the E8 Markets Evaluation Process Work?
At the heart of E8 Markets lies its distinctive evaluation process, designed to assess and nurture trading talent. Unlike traditional proprietary trading firms that operate on a profit-sharing model involving real funds, E8 Markets takes a different approach. Aspiring traders can choose between preset 1-step, 2-step, or 3-step evaluation programs, each tailored to accommodate various trading strategies and preferences.
The evaluation process unfolds within a simulated trading environment that closely mirrors real market conditions. Traders are provided with virtual capital, ranging from $5,000 to $400,000, to demonstrate their skills and risk management abilities. The objectives are clear: achieve the specified profit targets while adhering to the drawdown limits and trading rules. The market understands that consistency is key, so there are no minimum or maximum trading day requirements, allowing traders to progress at their own pace.
One of the standout features of the E8 Markets evaluation is the ability to customize the program to align with individual goals. Traders can define their own profit targets, acceptable levels of risk, and the payout share they wish to earn based on their strategy's performance. This level of flexibility ensures that every trader, regardless of their approach, can optimize their evaluation to suit their needs.
Throughout the evaluation, traders have access to a user-friendly dashboard that provides real-time insights into their performance, risk exposure, and market profitability. This continuous feedback loop empowers traders to refine their techniques and make informed decisions at every step. Upon successful completion of the evaluation, traders graduate to the coveted E8 Trader status, unlocking a world of opportunities to earn actual rewards based on their simulated trading performance.
1-Step Pro Account
| Account Size | Pricing |
|---|---|
| $10,000 | $59 |
| $25,000 | $118 |
| $50,000 | $228 |
| $100,000 | $398 |
1-Step Regular Account
| Account Size | Pricing |
|---|---|
| $10,000 | $59 |
| $25,000 | $118 |
| $50,000 | $228 |
| $100,000 | $398 |
2-Step
| Account Size | Pricing |
|---|---|
| $5,000 | $55 |
| $10,000 | $102 |
| $25,000 | $210 |
| $50,000 | $311 |
| $100,000 | $548 |
3-Step
| Account Size | Pricing |
|---|---|
| $10,000 | $55 |
| $25,000 | $127 |
| $50,000 | $192 |
| $100,000 | $330 |
| $200,000 | $551 |
| $400,000 | $1,093 |
Payouts and Profit Splits of E8 Markets
E8 Markets takes pride in its streamlined payout process, ensuring that successful traders are rewarded for their efforts in a timely manner. Once an E8 Trader meets the performance criteria, they become eligible for their first payout after just 8 business days. This quick turnaround time is a testament to E8 Markets' commitment to supporting its traders' financial goals.
Traders have the flexibility to request up to 100% of their performance results at any time after the initial 8-day period. Subsequent payouts are available every 14 days, providing a consistent income stream for those who maintain their trading proficiency. The market understands the importance of transparency and reliability when it comes to financial transactions, and as such, it has implemented a robust payout system that ensures traders receive their earnings without any hassle.
Partnership with the Finest MT5 and MT4 Trading Platforms
To facilitate seamless trading experiences, E8 Markets has partnered with top-tier brokers and technology providers. Traders can choose between the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, both renowned for their stability, advanced charting capabilities, and extensive range of trading tools.
The recent integration with Purple Trading SC has further enhanced the platform offerings, providing traders with access to competitive spreads, low commissions, and lightning-fast trade executions. This collaboration underscores E8 Markets' commitment to delivering the best possible trading conditions to its users.
In addition to the desktop versions, Market also supports mobile trading through the MT4 and MT5 mobile apps. Traders can manage their accounts, analyze markets, and execute trades on the go, ensuring they never miss an opportunity, even when away from their trading stations.
E8 Markets' trading environment is designed to cater to a wide range of trading styles and strategies. Traders have access to an extensive array of financial instruments, including forex pairs, commodities, indices, and cryptocurrencies. This diverse offering allows traders to explore various markets and diversify their portfolios effectively.
FAQs Related to E8 Markets
What happens after passing an E8 Markets evaluation?
Upon successful completion, traders receive an E8 Trader account with their chosen starting capital amount and can begin trading on E8's simulated platform. They earn 80% of the profits.
What assets can be traded with E8 Markets?
E8 Traders can access a wide range of instruments including forex pairs, commodities, indices, and cryptocurrencies. Maximum leverage varies by asset class.
Does E8 Markets allow expert advisors and algorithmic trading?
Yes, E8 Markets supports the use of EAs and algorithmic trading strategies. Traders can deploy custom trading robots on the platforms.
How does E8 Markets compare to other prop firms?
Markets offer some unique features like no minimum trading days, 1:100 leverage, an 80% profit split, and a fast scaling plan up to $1 million. However, their fees may be higher than some competitors.
Where is E8 Markets located?
E8 Markets has offices in Dallas, Texas, USA, and Prague, Czech Republic. They serve traders worldwide with few regional restrictions.
When was E8 Markets founded?
E8 Markets was incorporated in November 2021. They were previously known as E8 Funding.
End Note
As E8 Markets continues to make progress and expand its offerings, it remains committed to its true mission of empowering traders with the tools and insights they need to succeed in achieving high gains in trading. With its focus on education, risk management, and consistent performance, E8 Markets is well-positioned to shape the future of the industry and support the growth of aspiring traders worldwide.
