E8 Markets is one of the leading prop trading firms that provides traders with a professional environment in which they can test and execute their trading strategies using substantial capital. This company allows traders to access funded accounts with various capital levels without the need for large personal funds. With its advanced features and cutting-edge tools, E8 Markets has become one of the most popular choices for professional traders.
Why E8 Markets?
- Variety of Plans:
E8 Markets offers a diverse range of plans that cater to traders with different styles and experience levels. - Advanced Dashboard:
The user-friendly and sophisticated dashboard of E8 Markets provides numerous features for monitoring performance and managing accounts. - Support for Leading Platforms:
By supporting renowned trading platforms such as MetaTrader 5, cTrader, and Match Trader, traders have access to professional-grade tools to execute their trades. - No Time Restrictions:
Many of the plans offered by E8 Markets come without time limits, allowing traders to reach their goals at their own pace and with greater peace of mind.
Overview of Trading Plans at E8 Markets
E8 Markets has designed several trading plans to meet the diverse needs of traders. These plans come with different profit targets, account balances, and risk management rules. Traders can choose a plan based on their experience level, desired profit targets, and risk tolerance.
The Trading Plans
- One-Stage Plan (E8 One)
This plan is designed for traders who want to access a funded account as quickly as possible. Features:- Evaluation: A single-stage evaluation with an 8% profit target.
- Account Balance: $25,000 to $250,000.
- Time Limit: No time limit.
- Ideal For: Traders who have fast and precise strategies.
- Two-Stage Plan (E8 Pro)
This plan is suitable for traders who require more rigorous risk management and precision in their trading. Features:- Evaluation: Two-stage evaluation with an 8% profit target in Stage 1 and 5% in Stage 2.
- Account Balance: $50,000 to $200,000.
- Stricter Risk Management: More stringent rules but higher rewards.
- Ideal For: Professional traders.
- Two-Stage Classic Plan (E8 Classic)
This plan is designed for traders who prefer a standard and simpler structure. Features:- Evaluation: Two-stage evaluation with profit targets of 8% and 4%.
- Account Balance: $5,000 to $100,000.
- Profit Split: 80% goes to the trader.
- Ideal For: Beginners or those seeking lower risk.
- Three-Stage Plan (E8 Track)
This plan is tailored for traders who wish to develop their trading skills in a systematic and long-term process. Features:- Evaluation: Three stages with high flexibility and adjustable rules.
- Account Balance: $100,000.
- Ideal For: Traders who prefer a stable and supervised environment for growth.
- Special Futures Plan (E8 Futures)
This plan is specifically designed for traders active in the futures market who require advanced tools and specialized conditions. Features:- Account Balance: $50,000 to $150,000.
- Profit Target: 8%.
- Market-Specific Rules: Tailored to the futures market.
- Ideal For: Futures market traders.
Comparison of E8 Markets’ Plans
| Plan | Stages | Account Balance | Profit Target | Time Limit | Profit Split | Ideal For |
|---|---|---|---|---|---|---|
| One | One-Stage | $25K–$250K | 8% | None | Up to 100% | Fast strategies |
| Pro | Two-Stage | $50K–$200K | 8% (Stage 1) – 5% (Stage 2) | None | Up to 100% | Professionals |
| Classic | Two-Stage | $5K–$100K | 8% (Stage 1) – 4% (Stage 2) | None | 80% | Beginners / Low risk |
| Track | Three-Stage | $100K | Variable | None | Up to 100% | Long-term growth |
| Futures | One-Stage | $50K–$150K | 8% | None | Up to 100% | Futures market traders |
How to Choose the Right Plan
- For a Quick and Simple Evaluation:
The One-Stage Plan (E8 One) is suitable if you are looking for a fast process with minimal challenge. - For a Standard Process with Lower Risk:
The Classic Plan (E8 Classic) is ideal for beginners or traders with a lower risk appetite, thanks to its straightforward two-stage structure and simpler rules. - For Long-Term Skill Development:
The Track Plan (E8 Track) is the best option if you are interested in improving your trading skills in a structured and long-term environment. - For Futures Market Traders:
The Futures Plan (E8 Futures) is an excellent choice for those trading in the futures market, as it is tailored with specialized conditions. - For Experienced Professionals:
The Pro Plan (E8 Pro) offers more advanced and stringent rules, making it ideal for experienced traders seeking higher challenges and rewards.
Trading Rules and Restrictions at E8 Markets
E8 Markets places a strong emphasis on transparency and precision by designing clear and strict rules for risk management and overall account health. These rules vary by plan and can be more flexible or stringent depending on the chosen plan. Traders are required to carefully review the rules applicable to their selected plan before starting.
1. Drawdown Limits
Drawdown refers to the maximum loss a trader can sustain within a specified period.
- Daily Drawdown:
The daily drawdown limit varies between 3% and 9% depending on the selected plan. For example, in the E8 Classic plan, the daily drawdown is 4% of the initial or post-payout balance. - Overall Drawdown:
The total allowed loss for a trader varies between 6% and 14%. In the E8 Pro plan, the overall drawdown is typically set at 8%, whereas in the E8 Classic plan, it is set at 8% as well. - Action on Breach:
If the daily or overall drawdown limit is exceeded, the account is temporarily deactivated, and the trader may resume trading in the following day or trading period.
The following table summarizes drawdown limits for various plans:
| Plan | Daily Drawdown | Overall Drawdown |
|---|---|---|
| E8 One (One-Stage) | 4%–9% | 6%–14% |
| E8 Pro (One-Stage) | 2% (mandatory stop for the current trading day) | 8% |
| E8 Classic (Two-Stage) | 3%–7% | 6%–14% |
| E8 Track (Three-Stage) | 3%–7% | 6%–14% |
| E8 Track 1:1 (Three-Stage) | – | 3%–8% |
| E8 Futures | 1.5%–4% | 3%–8% |
2. Leverage
Leverage is a key tool in trading that allows a trader to control a larger position than their actual capital.
- For Forex:
Leverage ranges between 1:30 and 1:50 depending on the selected plan. - For Cryptocurrencies:
Leverage ranges between 1:1 and 1:2.
The table below compares leverage across plans:
| Plan | Forex Leverage | Crypto Leverage |
|---|---|---|
| E8 One | 1:30 | 1:1 |
| E8 Pro | 1:50 | 1:2 |
| E8 Classic | 1:30 | 1:1 |
| E8 Track | 1:50 | 1:2 |
| E8 Futures | 1:50 | 1:2 |
3. Specific Trading Rules
These rules are designed to maintain transparency and prevent abuse:
- Trading During Major News:
Opening new positions is prohibited five minutes before and after the release of major news to avoid the impact of extreme market volatility. - Weekend Positions:
Traders are allowed to hold their positions over the weekend. - Copy Trading and HFT:
Copy trading, high-frequency trading (HFT), and arbitrage are strictly prohibited.
4. Profit Sharing Rules
E8 Markets allows traders to receive a percentage of the profits from their trades. This percentage varies by plan—from 40% up to 100%.
- In the E8 Classic plan, profit sharing is 80/20 (80% to the trader).
- In other plans, traders may receive up to 100% of the profits.
5. Stop Rules and Account Reactivation
If any of the rules are violated, the account will be temporarily deactivated, and the trader must review the conditions again. Some plans offer the possibility to reactivate the account upon payment of an additional fee or adjustment of settings.
Advanced Dashboard and Trading Tools at E8 Markets
Advanced Dashboard
One of the standout features of E8 Markets is its advanced, user-friendly dashboard, which serves as a control center for traders. Key features include:
- Real-Time Account Status:
Displays account balance, daily and overall drawdown, profit/loss, and the status of open/closed positions in real time—allowing traders to quickly see if they are approaching any drawdown limits. - Comprehensive Trading Reports:
The dashboard provides detailed analytical reports on trading performance, including success rates, average profit and loss, and overall risk exposure. - Multi-Account Management:
Traders can manage multiple trading accounts simultaneously—particularly useful for those participating in different plans. - Alerts and Notifications:
An intelligent alert system notifies traders when they are nearing preset drawdown limits, helping to avoid rule breaches and account deactivation. - Customization Options:
Traders can customize the dashboard to display or hide certain information based on their preferences.
Analytical and Performance Improvement Tools
In addition to the dashboard, E8 Markets offers a suite of advanced analytical tools that help traders evaluate their performance and optimize their strategies:
- Risk Management Tools:
These allow traders to set and control the risk per trade, as well as adjust daily and overall drawdown settings. - Strategy Analysis:
Traders can analyze historical data to evaluate and refine their trading strategies, identifying strengths and weaknesses. - Demo Accounts:
For those who wish to test their strategies without risking capital, E8 Markets offers demo accounts that simulate real market conditions. - Access to Advanced Metrics:
In advanced plans such as E8 Pro or E8 Track, traders can access additional performance indicators, including psychological performance metrics and trading habit analysis.
Support and Communication
- Direct Access to Support:
Through the dashboard, traders can easily contact the E8 Markets support team, which is available 24/7 to address technical issues or questions related to the rules.
Pros, Cons, and Conclusion About E8 Markets
Advantages
- Variety of Plans:
With plans including E8 One, E8 Pro, E8 Track, E8 Futures, and E8 Classic, E8 Markets caters to a wide range of trader needs. This variety allows traders to choose a plan that aligns with their financial goals and level of experience. - Flexible Rules:
- No Time Limits: Traders can focus on their strategies without the pressure of time constraints.
- Customizable Risk Settings: Daily and overall drawdown rules are designed to be flexible and adjustable according to a trader’s strategy.
- Advanced Dashboard:
The state-of-the-art dashboard is one of the best management tools in the prop trading industry, offering real-time data, comprehensive reports, and an effective alert system that helps optimize trading performance. - Support for Leading Platforms:
By supporting popular platforms such as MetaTrader 5, cTrader, and Match Trader, E8 Markets provides access to advanced trading tools that enhance execution and analysis. - High Profit Splits:
In many of the plans, traders can receive up to 100% of their profits, which is a highly attractive feature.
Disadvantages
- Restrictions for Iranian Users:
Due to international policies, the services of E8 Markets are limited for Iranian traders, which may pose a significant barrier.
Final Recommendation
E8 Markets offers a comprehensive, professional, and flexible trading environment with advanced tools, diverse plan options, and clear, transparent rules. It is an excellent choice for both professional and beginner traders who are seeking a prop trading firm that supports advanced platforms and offers high profit splits. Although there are some limitations for Iranian users, the benefits of E8 Markets notably outweigh its drawbacks.
Suggestions for Traders
- For Beginners:
It is advisable for new traders to start with the E8 Classic plan to familiarize themselves with the rules and trading tools. - For Professional Traders:
Experienced traders might benefit more from advanced plans like E8 Pro or E8 Track to leverage the enhanced features and stricter risk management. - For Futures Market Participants:
The E8 Futures plan is highly recommended for those active in the futures market, as it is tailored with specialized conditions.
Before selecting any prop trading firm, conduct thorough research and compare the plans, fees, and rules. The Fundfa website provides comprehensive and unbiased information about various prop firms, allowing you to make an informed decision. We also encourage you to share your experiences and feedback on Fundfa to help other traders benefit from your insights.