E8 Markets at a glance
E8 Markets is a proprietary trading firm based in United States, in business since 2021.
On the record
- Based in
- United States
- Founded
- 2021
- Chief executive
- Dylan Elchami
- Trades through
- Virtual Markets
- Platforms
- cTrader
- Instrument types
- Cfd
Pay for a plan with
- Apple Pay
- Credit/Debit Card
- Crypto
- Google Pay
- Nuvei
Get paid by
- Plane
- Riseworks
Leverage by market
Leverage runs from 1:5 on Crypto to 1:30 on FX, depending on the programme.
| Market | 1-step |
|---|---|
| FX | 1:30 |
| Crypto | 1:5 |
| Metals | 1:15 |
| Energy | 1:15 |
| Indices | 1:15 |
How E8 Markets pays
Payouts are made by Plane and Riseworks.
Paid out by
- Plane
- Riseworks
Payout policy
Signature program
A 35% consistency rule applies, with at least 5 profitable days required. For the first payout, a minimum of 3 profitable days is required, each achieving at least 0.3% profit, along with a buffer equal to the end-of-day trailing drawdown.
Minimum payout amounts: Rise – $312.50, Plane – $62.50. Payout Caps: https://intercom.help/e8/en/articles/11940573-payout-caps-and-buffers-for-e8-signature-explained
E8 One
A consistency rule of 40% and your net profit (payout share) must be greater than 50% of your daily drawdown. Minimum payout amounts: Rise – $250, Plane – $50.
E8 One
If your profits exceed the Trailing Drawdown, you can request a payout. However, you must leave enough funds as a drawdown buffer, removing all profits will trigger account closure.
What you can trade
5 asset classes, traded as CFDs.
Asset classes
- FX
- Crypto
- Metals
- Energy
- Indices
Instrument types
- CFDs
Trading costs
A commission is charged on every market; the per-lot figures are below.
- FX
- Crypto
- Metals
- Energy
- Indices
Consistency rules
- E8 One: A consistency rule of 40% applies, that means that one trading day cannot equal or be greater than 40% of the total profits made.
- E8 Signature: A consistency rule of 35% applies, that means that one trading day cannot equal or be greater than 35% of the total profits made.
Firm rules
Max Position Size
- 50 lots per order for FX and indices
- 20 lots per order for XAUUSD
Independent Evaluation
Each trading evaluation must be completed independently.
Server Request Limitation
- There is a limit of 100 orders you can enter at a time, 2000 modifications of TP/SL and orders per day.
- The maximum position limit per day is also 2000.
Risk Management
- Risking your entire daily drawdown on a single trade is not permitted.
- Engaging in prohibited trading practices will result in termination from our program and a refund of the fee paid from the account where this rule was broken.
Hedging
Hedging across multiple accounts, even those belonging to the same trader, is strictly prohibited.
Trade Duration
You cannot hold more than 50% of your trades for under one minute.
Risk Exposure Limitation
E8 reserves the right to de-risk trading strategies by limiting risk exposure to no more than 1% per trade idea or time horizon if prohibited practices are detected.
E8 Trader Stage Account Exceeds Profit Threshold
If your account's profits surpass the Dynamic Drawdown value, you can request a payout of all profits earned. However, you should leave a drawdown buffer in the account to continue trading. If you withdraw all your profits, it will result in the closure of the account.
Copy Trading
Allowed: You can copy trades from or to your personal account, another account, or even between multiple E8 Trader accounts, or between E8 Trader account and evaluation account (As long as these are your own trades from your own account).
Restriction: You cannot copy trades (or use the same trading ideas) between multiple E8 evaluation accounts. Each evaluation must be done independently.
EAs (Expert Advisors)
Allowed: You can also use any EA (Expert Advisor) as long as we don't see multiple users executing the same trades/strategy. We limit one strategy per user, so if we see multiple users utilize the same EA, it may lead to the termination of your account. So even though the use of third-party EA is allowed, we recommend that each user use their own programmed EA.
News Trading
Allowed in evaluation stages and E8 Signature Funded stage, Not allowed in E8 One Funded stage 5 minutes before or after high-impact news.
Signature Program
Overnight and weekend trading is not allowed.
Inactivity
After 60 days of inactivity, the account is disabled and there is no entitlement to a refund.
Where E8 Markets does not take traders
Residents of 36 countries cannot open an account with E8 Markets.
- Afghanistan
- Albania
- Algeria
- Belarus
- Burundi
- Central African Republic
- Cuba
- Democratic Republic of the Congo
- Ethiopia
- Guam
- Iran
- Iraq
- Kenya
- Kosovo
- Lebanon
- Libya
- Mali
- Myanmar
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- Nicaragua
- North Korea
- Pakistan
- Puerto Rico
- Republic of the Congo
- Russia
- Samoa
- Somalia
- South Sudan
- Sudan
- Syria
- Ukraine
- United Arab Emirates
- Vatican City
- Venezuela
- Western Sahara
- Yemen
- Zambia
Prop firms worth comparing
2 firms from the Wikilix directory set beside E8 Markets: the same country, the same kind of funding, a comparable split, or the best rated on the record.
E8 Markets
This recordWikilix rating 3.2Best splitNot recordedPlansNot recordedFromNot recordedMaverick Trading
Wikilix rating 2.9Best split90%Plans3From$1,000PROPIA
Wikilix rating 4.6Best splitNot recordedPlans9From$18
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