E8 Markets is a prop firm that stands out for two key reasons: extremely fast payouts (within 24 hours) and a customizable evaluation platform that caters to both beginners and experienced traders. In this Nerd Answers article, you’ll discover how E8 works, what their plans look like, key advantages and rules, and how to make the most of it with our exclusive discount code.
Quick Summary
- Company: E8 Markets
- Industry: Prop Trading / Trader Evaluation
- Available Capital: Up to $500,000
- Initial 100% Profit Up To: $8,000 (E8 Pro with a $100,000 account)
- Available Plans: E8 One, E8 Classic, E8 Track, E8 Pro, Futures
Highlights:
- Payouts within 24h
- Unlimited time for evaluations
- Copy Trading allowed
- Platform with multiple options and educational tools
What is E8 Markets?
E8 Markets is a trader evaluation firm that offers demo accounts with realistic market conditions. Traders pay an entry fee, go through an evaluation program, and if they pass, they become an “E8 Trader” and start receiving payouts based on performance.
Key Features
- No commissions or low spreads
- Payouts within 24 hours
- Dashboards with detailed stats (E8X)
- 24/5 support via chat, email, and Discord
- Platforms: TradeLocker, MatchTrader, cTrader, Platform 5
- Copy Trading allowed between your own E8 accounts
- In-platform education and trading insights
Overview of All Plans
E8 Markets offers five main account types to suit different trader profiles. The E8 One plan is the most straightforward, with just one phase, ideal for those looking for speed and simplicity. E8 Classic offers two phases, balancing challenge and safety. E8 Track is a more budget-friendly option, requiring three evaluation stages. For experienced traders, E8 Pro offers unique rules and higher earning potential, while the Futures plan is perfect for those looking to trade assets like gold, oil, and indices with a monthly evaluation model.
Here’s a comparison table of all plans to help with your decision.
Plan Comparison Table
| Plan | Phases | Profit Target | Daily Drawdown | Max Drawdown | Profit/Drawdown Ratio | Payout |
|---|---|---|---|---|---|---|
| E8 One | 1 | 10% | 4% | 6% trailing | 1.66 | Up to 80% |
| E8 Classic | 2 | 8% + 4% | 4% | 8% fixed | 1.5 | Up to 90% |
| E8 Track | 3 | 8% + 4% + 4% | 4% | 8% fixed | 1.5 | Up to 90% |
| E8 Pro | 1 | 8% | 2% pause | 8% | 4.0 | Up to 100% |
| Futures | 1 – 4 | Varies | Varies | Varies | – | Up to 90% |
E8 Markets Pros and Cons
Pros:
- Lightning-fast payouts (within 24 h)
- Variety of plans for different profiles
- Platform and account size flexibility
- Copy Trading allowed between your own accounts
- No time limit for evaluations
- Up to 100 % payout for top performers
- Educational platform with exclusive content
- Detailed metrics and reports via E8X
- Helpful support and active Discord community
- Unique Futures accounts
- Quick re-entry if you fail an evaluation
Cons:
- Strict risk rules, challenging for aggressive traders
- Crypto payments are non-refundable
- Drawdown system can be complex for beginners
- Inactivity over 90 days leads to account deactivation
- Some automated strategies are restricted if overused
- Support not available on weekends
Copy Trading
E8 allows copy trading only between accounts owned by the same trader within their platform. Copying third-party signals or trades is not allowed. Trade-copier tools are accepted if ownership of all linked accounts is verified. This rule ensures fair evaluations and avoids abuse.
Hidden Rules
- Max Position Size: 50 lots/order for Forex & commodities; 100 lots/order for indices.
- Independent Evaluation: No trade copying between accounts.
- Server Request Limit: Max 2,000 TP/SL changes and orders per day; same limit for daily positions.
- Risk Management: You can’t risk the entire balance in a single trade. Excessively risky styles lead to account closure and refund.
- Hedging: Not allowed between multiple accounts, even if owned by the same trader.
- Copy Trading: Only between your own accounts. Evaluation must be done independently.
- Trade Duration: Over 50 % of trades can’t be closed in under 1 minute.
- Risk Exposure Limitation: Risk may be capped at 2 % per idea if suspicious behavior is detected.
- Payout-On-Demand Rules: No more than 40 % of total profit in a single day; net profit must exceed daily drawdown.
- EAs: Allowed, unless the same strategy is used by multiple traders.
- News Trading: Allowed during evaluation, but not within 5 minutes before or after high-impact news on funded accounts.
- Minimum Trading Days: 1 day required for E8 Classic, Track, Track 1:1, and One.
- Inactivity: Accounts are deactivated after 90 days with no trading activity, no refund.
Payment Methods
- Credit card
- PayPal
- Cryptocurrencies (non-refundable)
Comparison with Other Firms
| Company | Payout | Drawdown | Trustpilot Rating | Copy Trading | Discount Code |
|---|---|---|---|---|---|
| E8 | Up to 100 % | 4 – 8 % | 4.3 | Allowed | Yes |
| FTMO | Up to 90 % | 5 – 10 % | 4.8 | Not allowed | Yes |
| FundedNext | Up to 90 % | 4 – 12 % | 4.6 | Allowed | Yes |
Who Is E8 Recommended For?
E8 is ideal for traders who value platform freedom, fast payouts, and flexibility in how they’re evaluated. If you’re a beginner looking for a simple, low-barrier entry like the E8 One plan, it’s a solid and accessible option. For more experienced traders seeking larger accounts, advanced rules, or exposure to Futures trading, the E8 Pro or Track plans are better fits.
Traders who prioritize analytical tools, modern platforms, and performance dashboards will find value in the E8 ecosystem. However, if you have a highly aggressive trading style or rely heavily on third-party automated strategies, other prop firms with higher risk tolerance may suit you better. This evaluation is crucial to align your goals with the firm’s structure.
Final Verdict
As a Nerd Answers analyst, after carefully reviewing E8 Markets’ products, rules, and structure, I can confidently say this firm offers a solid, modern proposition in the prop trading space. Their combination of flexibility, transparency, fast payouts, and diverse plans places E8 at the top, especially for traders who want more control over their evaluations and quicker access to profits.
That said, E8 isn’t perfect; its strict risk rules demand strong discipline, which may be tough for beginners or aggressive traders. Also, the copy-trading and shared EA limitations should be considered.
Still, E8’s ecosystem is well-developed, offering smart dashboards, integrated education, multiple platforms, and access to various markets. With the added support from Nerd Answers, including comparisons and trading-tools reviews, traders get a complete environment to grow their skills.
So if you’re looking for a reliable prop firm focused on innovation and performance, E8 Markets is definitely one of the best options available today.
