Top alternative: FunderPro (Get a 20% OFF Exclusive Discount Coupon)


Is E8 Markets a scam or legit? Is E8 Markets considered a trustworthy and safe company? Yes E8 Markets is a safe and secure Proprietary Trading Firm. However, No Proprietary Trading Firm is perfect, and E8 Markets is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to E8 Markets. So which Firms are better than E8 Markets? Want to jump straight to the answer?

View alternatives

E8 Markets Trading Features

E8 Markets Trading Features. This summary is updated; however, rules frequently change. Always confirm rules with your prop firm.
Trading Feature Value
đź’° Payout Policy: Payout ratio: E8 Classic, E8 Track, E8 Track1:1, E8 One: 80 %.

E8 Markets Trading Rules

E8 Markets Trading Rules. This summary is updated; however, rules frequently change. Always confirm rules with your prop firm.
Trading Rules
News Trading
  • Evaluation accounts: Allowed.
  • Funded accounts: Not allowed within 5 minutes before or after high-impact news.
Copy Trading
  • Allowed. Traders can copy trades from or to their personal account, another account, or between multiple E8 Trader accounts, including between an E8 Trader account and an evaluation account.
  • Restriction: Traders cannot copy trades (or use the same trading ideas) between multiple E8 evaluation accounts. Each evaluation must be done independently.
Inactivity Rule
  • After 90 days of inactivity, the account is disabled, and there is no entitlement to a refund.
EAs (Expert Advisors)
  • Allowed.
  • Traders can use any EA as long as multiple users are not executing the same trades/strategy.
  • Each user must use their own programmed EA. If multiple users utilize the same EA, it may lead to account termination.
Minimum Trading Days
  • E8 Classic, E8 Track, E8 Track1:1, E8 One: 1 day.
Risk Management
  • Risking your entire account balance on a single trade is not permitted.
  • Excessively risky trading styles violate terms and will result in account termination with a full refund.
  • E8 reserves the right to de-risk trading strategies by limiting risk exposure to no more than 2% per trade idea or time horizon if prohibited practices are detected.
Max Position Size
  • 50 lots per order for FX & commodities.
  • 100 lots per order for indices.
Independent Evaluation
  • Each trading evaluation must be completed independently.
Server Request Limitation
  • 2000 modifications of TP/SL and orders per day.
  • The maximum position limit per day is also 2000.
Hedging
  • Hedging across multiple accounts, even those belonging to the same trader, is strictly prohibited.
Trade Copying
  • In the evaluation phase, copying trades manually or via EAs from one account to another, including from a master account to an evaluation account, is prohibited.
Trade Duration
  • You cannot hold more than 50% of your trades for under one minute.
Payout-On-Demand Rules
  • All Accounts (except 3-step accounts): Default payout method.
  • E8 One & Classic: No single day >40% of total profit.
  • Net profit >50% of daily drawdown.

Important Changes Log

Note: Key rules for prop firm and highlights of any significant rule changes along with the specific dates of those changes.
Change SummaryChange Date
E8 Markets has launched E8 Futures, offering traders a diversified opportunity to trade futures with three distinct evaluation models: Beginner, Advanced, and Expert.2024-12-06
Read to find out about E8 Funding Forex Prop Trading Firm, what is E8 Funding Funded Account, How to Pass E8 Funding Challenge, and Much More

E8 Markets Review and Analysis

Overview

E8 Funding Proprietary Trading Firm

Like other funding account challenges, E8 offers applicant traders the opportunity to demonstrate their trading skills through a series of internal evaluations. Contestants who pass the challenge then stand to be funded with up to $1 million, with the majority of risk assumed by the firm and profits taken home by the trader.

E8 Funding: What’s it all about?

E8 Funding was set up by current CEO Dylan Elchami in 2021. Interestingly, Elchami comes not from a background in finance but in real estate and luxury cars. The prop firm is headquartered in the USA with its European base in Prague, Czech Republic.

Funded Accounts

What are proprietary trading firms?E8 Funding Funded Account

The Forex proprietary firm industry grows bigger by the day, and one of the more recent players to join the game is E8 Funding. The propriety firm or “prop firm” has a similar offering to many of its competitors, with the overall attraction being the possibility of becoming a funded trader through the platform.

Challenge Overview

E8 Funding Challenge reviewHow to Pass the E8 Funding Challenge

E8 is a relatively new “face” in the prop firm circle. E8 Funding is similar to many of the other funding sites: they use the MetaTrader 4 software, the leverage is up to 1:100, users can trade commodities, crypto, indices, forex, and equities, and account sizes vary from$25,000 to $100,000. Nothing stands out significantly in all the above.

The platform offers two evaluation options to traders: the E8 Account and the ELEV8 Account. The E8 Account is the classic avenue to funding. Traders need to pass the evaluation (in two stages) after which they can access the requisite funding and keep up to 80% of the profits. The ELEV8 Account operates slightly differently: once traders have passed the 2-phase evaluation, they will be instantly funded. Every time they continue to hit a profit target, the account size will increase by $100,000 every 30 days. In this scenario, traders may keep up to 90% of the profits.

Each account size will differ in the profit targets, maximum losses, and drawdowns. Let’s walk through the process for the entry account size – E8 $25,000. This account comes with a $2,000 profit target, and traders have a maximum of 30 calendar days to complete the challenge. The daily floating loss and closed loss are capped at a maximum of $1,250 and there is a max. initial deposit of $2,000. The opening fee is a one-time payment of $228. This is refundable before the account has been used, but once a contestant begins trading this becomes nonrefundable.

On the top end of the spectrum, the largest account size ($250,000) will set a trader back $988 in the initial fee. In both options, overnight, weekend, and news trading is allowed.

E8 Markets Challenges

ChallengePriceAccount SizeStepsProfit targetProfit SplitMax Daily Loss
$25,000 - E8 Track$124.2$25K38% / 5% / 5%5%
$50,000 - E8 Track$187.2$500K38% / 5% / 5%5%
$100,000 - E8 Track$322.2$100K38% / 5% / 5%5%
$250,000 - E8 Track$538.2$250K38% / 5% / 5%5%
$25,000 - E8 Account$205.2$25K28% / 5%5%
$50,000 - E8 Account$304.2$500K28% / 5%5%
$100,000 - E8 Account$529.2$100K28% / 5%5%
$1,000,000 - ELEV8 Account$799.2$1M28% / 5%5%
$250,000 - E8 Account$889.2$250K28% / 5%5%

Pros and Cons

Let’s talk about the good stuff …

E8 Funding is known for its user-friendly interface and accessible payouts (Bank Transfer, PayPal, Revolut, Wisepay, Payoneer, or in cryptocurrency via Coinbase). The prop firm also prides itself on its easy-to-use and customizable dashboard (EX8) where traders can assess their metrics and analyze their progress.

... and the bad

Forget about fancy dashboards and flashy marketing spiels. What traders care about is in the detail: spreads, profit targets, and tradeable assets. Here is where E8 drops the ball. The spreads and commissions are some of the highest in the industry. Users have complained about not receiving payouts and a poor responsive rate from the customer support team. In fairness, there are plenty of glowing reviews too from satisfied contestants who have benefited from the platform.

Evaluation Metrics

Overall metrics

    To truly evaluate what E8 Funding brings to the trading table, we decided to score each aspect of the E8 Funding Challenge individually.
  • Challenge difficulty: Where the E8 Challenges score highly is on their usability and simple rules. The no-nonsense approach keeps the contest straightforward. There is no daily drawdown or minimum number of trading days.
  • Customer support: Like most other prop firms, E8 has live chat but no contact phone number. Unlike many of its competitors, however, this prop firm also has a physical address for any plaintiffs wishing to contact them via snail mail!
  • Fee: The fees for the E8 funding challenge vary on the account size in question. They range from $228 for the $25K account to $988 for the $250K account. For the ELEV8 account ($100K) there is a one-time fee of $888. As prop firms go, these fees do not stand out for either generosity or steepness but are mid-range.
  • Payout scheme: E8 scores highly on this metric – traders can solicit their first payment just 8 days after their first funded trade. Payouts are processed within 1-2 business days, and can be received via bank transfer, PayPal, Revolut, WisePay, Payoneer, or in cryptocurrency via Coinbase.

Meet the CEO

Meet E8 funding CEO - Dylan Elchami

Dylan Elchami is the founder and CEO of E8 Funding. Mr Dylan Elchami was born in 1992, is resident of United States and has American nationality. Dylan's vision was to create an inclusive platform that provides traders with excellent opportunities and conditions. He remains committed to enhancing E8 Funding's offerings and attracting more traders to join the firm.

Dylan's primary focus in the industry is to simplify trading for individuals by offering strategic partnerships and state-of-the-art software solutions.

Frequently Asked Questions (FAQs):

What is E8 funding
The E8 Funding is a proprietary trading firm and was set up by current CEO Dylan Elchami in 2021. Interestingly, Elchami comes not from a background in finance but in real estate and luxury cars. The prop firm is headquartered in the USA with its European base in Prague, Czech Republic.
Who is the CEO of E8 Funding
Dylan Elchami is the founder and CEO of E8 Funding. Mr Dylan Elchami was born in 1992, is resident of United States and has American nationality.
Is there a free trial for the funded accounts?
Yes, traders can choose to trial the platform before paying the entry fee.
Where is E8 Funding located?
E8 is a U.S. registered prop firm with headquarters in Dallas, Texas in the United States. They also have a European office based in Prague, Czech Republic. As of the time of writing, there are no country restrictions on the use of E8 Funding, and the payouts are made in US dollars.
How trusted is E8 Markets?
The trusted source of information on fintech matters SBO, gave E8 Markets a 2.75/ 5.00 rating based on analysing 20+ criteria and testing. E8 Markets is currently in 0th place in this ranking.
Does E8 Markets offer coupons for customers?
Yes, currently, there is one E8 Markets discount coupon FOREXPROPREVIEWS available for customers.
How can I find E8 Markets discount coupons and promo codes?
Visit the E8 Markets dedicated discount coupons page as well as by joining several discussions and conversations within relevant online groups and communities.

Traders comments and Reviews about E8 MARKETS

Sites like Trustpilot provide excellent third-party social proof. Please be aware that there is no guarantee whether or not fake reviews are or are not present. These can lead to bias and compromise the reliability of reviews.
TrustPilot E8 Markets TrustPilot Customer Reviews, Feedback and Complaints
Trustpilot On Trustpilot, E8 Markets has currently 1k number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.70/5.00.

E8 Markets firm's reply behavior to negative reviews is up to the standard having replied to 30% negative reviews with a response time to their negative reviews in less than 14 days.

E8 Markets  Read TrustPilot Customer Reviews, Feedback and Complaints

Latest News

e8funding default news image
E8 Markets Lowers Profit Targets for E8 One Challenge

E8 Markets has updated its E8 One program to make it easier for you to get funded. The profit target for preset accounts is now reduced from 10% to 9%, giving you a more achievable path to success. You can also choose a new custom challenge ... 

option with a 6% profit target and 4% max drawdown, offering a more balanced approach for disciplined traders. These changes are designed to raise pass rates and provide a faster, more flexible route to becoming a funded E8 Trader.

Monday 05 May, 2025

Are you Satisfied with what They Offer?

Join E8 Markets