E8 Markets stands as a prominent US-based proprietary trading firm that launched in November 2021. Founded by CEO Dylan Elchami, this company operates from Dallas, Texas, with an additional office in Prague, Czech Republic.
The prop firm has quickly built a strong reputation in the trading community. It has distributed over $35 million to more than 200,000 traders worldwide.
Traders receive significant benefits when joining this platform. They can access virtual capital up to $500,000 to start their trading journey. Successful traders can scale their accounts to $1 million.
The company offers a 100% profit split to its traders, which is exceptionally generous in the industry. Another standout feature is the quick payout system. Traders can receive their first withdrawal after just eight days from their initial trade.
This trading firm maintains excellent trust scores across review platforms. It holds a 4.7 out of 5 rating on Trustpilot and 4.5 on other review sites. These ratings reflect the company’s commitment to trader satisfaction and reliable service.
Overview of the E8 Markets Prop Trading Firm
Operating under E8 Funding LLC, this proprietary trading firm is recognized as a pioneering entity in the United States. The core model of a prop firm is to provide traders with virtual capital. This allows individuals to trade without risking their own personal funds.
The mission of this trading firm is to empower its community. It provides the capital, tools, and guidance needed for success. Trading account options are designed for flexibility, including swap-free and zero-commission structures.
Key features that distinguish this firm in the prop trading landscape include:
- 100% profit split for successful traders.
- Access to substantial trading capital, scaling up to $1 million.
- Structured scaling plans that reward consistent performance on a trader’s account.
- Competitive trading competitions to engage and challenge traders.
This approach benefits both novice and professional traders. It helps them develop skills and access larger capital allocations. The firm creates a supportive environment for growth.
History and Background of the Firm
Founded in late 2021, this trading enterprise emerged as an innovative force in the proprietary trading landscape. Dylan Elchami, the company’s CEO, brought substantial financial expertise from his role as Chief Investment Officer at Digital Renaissance Management. This background provided strong credibility for the new venture.
The organization established its headquarters in Dallas, Texas, with an additional office in Prague, Czech Republic. This dual-location strategy demonstrated international ambitions from the start. The company experienced remarkable growth, serving over 200,000 traders within just a few years.
Financial milestones highlight the firm’s success, with more than $35 million distributed to successful participants. This prop trading company positioned itself as one of the first US-based firms offering transparent funded trading opportunities. The rapid expansion validated the market need for accessible trading capital.
This historical context helps traders understand the company’s evolution. It demonstrates sustained commitment to the trading community through consistent growth and reliable service.
Key Features and Benefits of Trading with E8 Markets
What sets this prop trading company apart begins with its industry-leading profit structure. Traders receive exceptional value through features designed for maximum earning potential and flexibility.
Profit Split and Payout Speed
The firm provides one of the most generous arrangements in the industry. Successful participants can retain 100% of their trading profits through the profit split program.
Withdrawal processing occurs rapidly once traders meet requirements. The first payout becomes available just eight days after the initial trade. Requests typically process within 1-2 business days.
Complete transactions usually finalize within 2-5 business days. This speed significantly outpaces many competitors in the prop trading space.
Flexible Account Options and Scaling Plans
Account sizes accommodate various experience levels, starting from $5,000 up to $500,000. The platform allows scaling to $1 million for consistently profitable traders.
Each successful withdrawal triggers account growth. The balance increases while drawdown limits expand by 1% per payout, reaching up to 14% maximum.
Traders access swap-free Islamic accounts and commission-free options. Maximum leverage reaches 1:100 on forex pairs, enhancing trading flexibility.
Withdrawal methods include Plane.com for bank transfers ($50 minimum) and Riseworks.io for cryptocurrency ($250 minimum). These options provide convenient access to earnings.
Understanding the Evaluation Programs
Successful evaluation accounts represent the gateway to funded trading opportunities with this company. The firm offers five distinct programs tailored to different trader preferences and experience levels.
All evaluation programs share key advantages. There are no time limits for completion, allowing traders to progress comfortably. Each program requires just one minimum trading day to begin the qualification process.
1-Step Evaluation Program Details
The One program offers an accelerated path to funding. Traders must achieve a 6% profit target in a single phase. This straightforward evaluation process appeals to those confident in their trading strategy.
Risk management parameters include daily loss limits ranging from 3% to 9.2%. The overall maximum loss limit sits between 4% and 14% depending on account size.
2-Step and 3-Step Challenge Overviews
The Classic program follows a two-step evaluation with 8% and 4% profit targets. The Track program uses a three-step approach with 8%-4%-4% targets. For traders preferring consistency, the Track 1:1 variant features equal 5% targets across all four phases.
All programs provide up to 100% profit splits with on-demand payouts. The E8 Futures program offers weekly withdrawals instead. This flexibility makes the evaluation accounts attractive to serious traders.
The structured step system ensures traders demonstrate consistent performance before receiving full funding. This careful evaluation process benefits both the firm and its trading community.
Detailed Breakdown of the 1-Step Evaluation Program
For those seeking the fastest path to funded trading, the 1-step evaluation provides an accelerated opportunity. This streamlined program eliminates multiple phases, allowing quicker progression to a funded account.
Pricing ranges from $40 for a $5,000 account to $1,627 for the maximum $500,000 option. Match Trader and TradeLocker platforms offer identical pricing, while cTrader carries a small premium on smaller account sizes.
Traders must achieve a 6% profit target on their account balance to pass this single step. Risk parameters are customizable, with daily loss limits ranging from 3% to 9.2%.
The overall maximum loss limit sits between 4% and 14%. This flexibility allows participants to tailor the evaluation to their personal risk tolerance.
There are no time restrictions for completing the program. Only one minimum trading day is required to begin qualification.
Successful traders can earn up to 100% of profits through customizable payout shares. The on-demand withdrawal system provides immediate access to earnings.
This comprehensive trading assessment balances achievable targets with professional standards. It represents an efficient path for confident traders at E8 Markets.
In-Depth Look at the 2-Step and 3-Step Challenges
For those preferring a phased approach to proving their trading capabilities, the 2-step and 3-step evaluations offer progressive milestones. These multi-phase programs provide structured paths to funded accounts with varying difficulty levels.
E8 Track vs. Track 1:1 Features
The Classic 2-step program starts at $59 for a $5,000 account. Traders must achieve 8% profit in phase one, then 4% in phase two. This two-step evaluation tests both initial profitability and consistency.
Risk parameters include daily loss limits from 3% to 7%. The overall maximum loss ranges from 6% to 14% depending on account balance.
The Track program follows a three-step structure with 8%-4%-4% profit targets. Pricing ranges from $67 for $10,000 to $1,331 for $400,000 accounts. This extended evaluation allows more time to demonstrate trading skills.
Track 1:1 offers a unique approach with equal 5% targets across all four phases. It features more flexible drawdown limits from 3% to 8%. This variant provides a balanced evaluation experience for cautious traders.
Traders can use the “REB8” code for 5% discount on all multi-step accounts. This makes the prop trading evaluation more accessible for various budgets.
Trading Conditions and Risk Management Strategies
A clear understanding of the trading conditions and risk management parameters is vital for any trader navigating the evaluation process. These rules create a structured environment that protects both the firm’s capital and the trader’s progress.
Daily and Overall Loss Limits
Effective risk control starts with clear boundaries. Daily loss limits, which reset each day at midnight Eastern Time, range from 3% to 9.2%. This threshold is based on the starting balance for that trading day.
The overall maximum loss limit provides a crucial safety net for the entire evaluation. It ranges from 4% to 14% of the initial account balance. In some programs, this limit acts as a trailing drawdown, rising with the account to lock in profits.
Profit Targets and Trading Days
Each program has specific profit targets. The One-Step evaluation requires a 6% gain. Multi-step challenges have progressive targets like 8% and 4%, or consistent 5% goals.
The rules for trading days are straightforward. A minimum trading requirement of just one day applies to all programs. A day counts when a position is opened and closed within a 24-hour ET period.
There is no maximum limit on trading days, allowing traders to work at their own pace. However, an inactivity rule requires at least one trade every 90 days to keep the account active. This comprehensive risk management framework supports disciplined trading.
Comprehensive Guide to Trading Platforms
Modern traders require sophisticated tools that match their strategies, and E8 Markets offers three distinct platforms to meet diverse needs. Each software provides unique advantages for different experience levels and trading styles.
Match Trader, cTrader, and TradeLocker Comparison
The Match Trader platform stands out for its web-based accessibility. Traders can access their accounts from any device without installation. Its clean interface makes it ideal for beginners in forex trading.
This platform supports multiple asset classes including cryptocurrencies. Push notifications keep traders informed about market movements. The firm recommends Match Trader for those starting their trading journey.
cTrader appeals to advanced traders with professional charting tools. It features Level II market depth and lightning-fast execution. The platform excels for scalping and algorithmic strategies.
TradeLocker provides another web-based alternative with seamless integration. It balances functionality with user-friendly design. Each platform serves specific trading preferences effectively.
These trading platforms ensure traders have the right tools for success. The choice depends on individual strategy and experience level. Proper platform selection enhances overall performance in forex markets.
Exploring the Range of Tradable Assets and Instruments
One of the standout features of this trading platform is its comprehensive coverage of global financial markets through diverse asset classes. Traders can access more than 40 different instruments, allowing for strategic diversification across multiple sectors.
Forex, Indices, Commodities, and Cryptocurrencies
The forex selection includes major pairs like EUR/USD and USD/JPY, along with minor and exotic combinations. This variety provides opportunities across different volatility levels and trading sessions.
Equity indices cover popular markets including NSDQ, DOW, US30, NAS100, and GER40. These instruments allow speculation on broad market movements and economic trends.
Precious metals like gold (XAU/USD) and silver (XAG/USD) serve as safe-haven assets during uncertain periods. Energy commodities include WTI and BRENT crude oil, plus natural gas.
The platform also supports cryptocurrencies such as Bitcoin BTC/USD and Ethereum ETH/USD. This gives traders exposure to the dynamic digital asset space.
Leverage varies appropriately by asset class: up to 1:50 for forex, 1:25 for indices and metals, and 1:2 for crypto currencies. This diverse selection enables cross-market strategies and effective risk management.
Overview of Leverage, Commission, and Fee Structures
Leverage options and commission fees play a crucial role in determining overall trading costs and strategy effectiveness. The platform offers different leverage levels across various asset classes to balance opportunity with risk management.
Forex traders can access up to 1:50 leverage during evaluation phases. This reduces to 1:30 on funded accounts. For indices and metals, maximum leverage reaches 1:25 during evaluation, dropping to 1:15 on funded accounts.
Commission-Free vs. Raw Spread Accounts
The platform provides two main account types with distinct cost structures. Raw spread accounts charge explicit commissions per trade. Commission-free accounts eliminate per-trade fees but feature wider spreads.
For forex pairs, raw accounts charge $5 per lot with tight 2-pip spreads. Commission-free accounts offer zero fees but 6-pip spreads. Indices and metals carry $6 commissions on most products.
Some indices like Dow Jones and Australia 200 have higher $12 commissions. Cryptocurrencies feature the highest commission at $30 per lot due to their volatility.
Traders should calculate total costs by combining spreads and commissions. The choice depends on trading frequency and position sizes. The platform also offers swap-free Islamic accounts for Sharia-compliant trading.
Account Scaling Plans and Profit Withdrawal Methods
Account growth through performance-based scaling creates a clear pathway for capital expansion. The platform rewards consistent traders with progressively larger allocations and improved risk parameters.
Dynamic Account Balance Adjustments
The scaling model applies to Classic and Track accounts. After each successful payout, the account balance recorded becomes the new baseline. All risk parameters recalibrate based on this higher figure.
Consider a trader who grows their $100,000 account to $110,000. When they request a payout, the $110,000 becomes the new starting point. Daily and overall drawdown limits adjust proportionally to this increased balance.
With each profit withdrawal, the overall drawdown limit rises by 1%. This continues up to a maximum of 14%. This progressive expansion provides successful traders with greater risk tolerance as they demonstrate consistent performance.
Traders can scale from initial $500,000 allocations up to $1 million. The One accounts maintain fixed parameters without this scaling feature.
Payout frequency is on-demand in most programmes. The firm processes requests within 1-2 business days. Complete fund transfers typically finalise within 2-5 business days from initial request.
How to Open and Verify Your E8 Markets Account
The journey to becoming a funded trader begins with a simple three-step registration procedure designed for maximum efficiency. This process ensures new participants can quickly establish their presence and begin exploring evaluation challenges.
Step-by-Step Sign-Up and KYC Process
Registration starts by visiting the homepage and clicking the “Sign Up” button. Traders provide basic information including their full legal name, email address, and country of residence. They must also create a secure password and accept the platform’s terms.
After submitting details, a confirmation email arrives immediately. Clicking the verification link activates the account and grants access to the dashboard. This quick process typically takes less than five minutes of your time.
For full platform access and profit withdrawals, identity verification becomes mandatory. The KYC process requires uploading clear photos of a government-issued ID card or passport. A live selfie completes the facial recognition matching.
Verification approval usually occurs within 24-48 hours. Successful applicants receive email confirmation and can then proceed with evaluation program selection. Additional onboarding with payment processors is required before receiving first payouts.
E8 Markets Trading Rules and Restrictions
Compliance with specific trading regulations forms the foundation of successful participation. Understanding these guidelines helps traders avoid violations that could lead to account termination.
The platform maintains strict trading rules regarding position management. Hedging across multiple accounts is completely prohibited. Traders cannot open opposing positions on the same instrument using different evaluation accounts.
Hedging and EA Usage Guidelines
Expert Advisors are permitted but with important limitations. Each account must use only one unique strategy. If multiple accounts execute identical strategies, all involved accounts may be terminated.
Daily activity has clear boundaries. Traders face a limit of 2,000 modifications and position opens per day. This prevents excessive system load and potential manipulation.
News trading restrictions vary by account type. Evaluation programs have no news limitations. However, funded accounts enforce a 10-minute blackout period around high-impact economic events.
Position sizing follows specific rules. Maximum ticket size is 50 lots for forex and commodities. Indices allow up to 100 lots per order, with a cap of 100 simultaneous orders.
The consistency rule requires balanced performance. No single trading day should account for more than 40% of total profits. This encourages sustainable trading rather than lucky wins.
Trade duration matters significantly. At least 50% of all trades must remain open for more than one minute. This prevents tick scalping and ensures genuine market analysis.
Copy trading between multiple accounts is strictly forbidden. Each evaluation must demonstrate independent trading skill. Accounts inactive for 90 days will be automatically disabled.
Review of Payment Methods and Withdrawal Options
The platform offers diverse payment solutions for both purchasing evaluation challenges and receiving trading profits. Traders can choose from multiple options that suit their preferences and location.
For challenge purchases, cryptocurrency payments through CONFIRMO accept Bitcoin and Ethereum. Credit and debit card processing is available via Nuvei and checkout.com, supporting MasterCard, VISA, Google Pay, and Apple Pay.
Account verification is required before using Nuvei and checkout.com services. This adds an extra security layer to financial transactions.
Withdrawal options include Plane.com for local currency bank transfers in over 70 countries. The minimum payout is $50 with no fees from the platform. Rise (Riseworks.io) offers fast global payments in cash or crypto with a $250 minimum threshold.
While E8 Markets doesn’t charge withdrawal fees, third-party processors may apply their own charges. Processing time typically takes up to 5 business days from request to fund arrival.
KYC verification is mandatory with both E8 Markets and the chosen payment processor before receiving the first payout. Traders should complete this setup early to avoid delays when requesting withdrawals.
The comprehensive financial services ensure smooth transactions across global markets. Both fiat and crypto options provide flexibility for international participants.
User Reviews, Trust Scores, and Community Feedback
Community feedback and independent reviews provide valuable insights into any trading platform’s real-world performance. These authentic perspectives help prospective traders form realistic expectations based on actual user experiences.
Trustpilot Ratings and Customer Insights
The platform maintains impressive ratings across major review sites. Trustpilot scores range from 4.5 to 4.7 out of 5, indicating consistently positive experiences.
REVIEWS.io shows a solid 4.1 rating. FxVerify users also report highly positive feedback about the company’s services.
Many traders praise the fast payout system, often completed within one week. Customer support receives frequent compliments for professionalism and responsiveness.
Competitive spreads and transparent evaluation processes stand out as key advantages. Some users mention stricter rule enforcement compared to other prop firms.
With over $35 million distributed to 200,000+ participants, these reviews demonstrate the platform’s commitment to reliable service in competitive markets.
Final Thoughts on E8 Markets as a Prop Trading Firm
In the competitive landscape of proprietary trading, this particular prop firm has established a strong position since its 2021 launch. The company’s rapid growth, serving over 200,000 traders with substantial payouts, demonstrates its credibility.
Key advantages include the 100% profit split and remarkably fast first payout within eight days. The evaluation process offers flexibility with unlimited time and multiple program options. Traders appreciate the diverse platform choices and extensive instrument selection.
This trading firm maintains transparent rules and strong trust scores. The US-based operation with European presence provides reliable international service.
For serious traders seeking a reputable prop trading opportunity, this proprietary trading firm presents a compelling option. Its trader-focused approach and proven payout reliability make it worth consideration for those ready to demonstrate their skills.
