E8 Markets is a CFD prop firm founded in 2021 and rebranded in November 2023, offering accounts from $5,000 to $500,000 across five programme types. Its E8 One challenge is one of the few in the industry that lets traders set their own profit target and drawdown thresholds at checkout, making it one of the most configurable evaluation models available. The firm has paid out over $68 million to more than 18,900 traders and holds a 4.3 out of 5 Trustpilot rating from over 3,200 reviews as of July 2026.
Rating Breakdown
Pros
- Configurable profit target (6%–21%) and drawdown (4%–14%) on E8 One
- Five programme types: E8 One, E8 Track (2-step and 3-step), E8 Signature, E8 Crypto, E8 Futures
- Accounts from $5,000 to $500,000 across all programmes
- MT5, cTrader, TradeLocker, and Match-Trader all supported
- $68M+ paid out to 18,900+ traders since 2021
- 80% base profit split scaling to 90% or 100% with add-ons
- EAs allowed (one unique strategy per user)
- News trading permitted during evaluation phases
- No minimum trading days on most programmes
- Anti-scalping rule is mild: fewer than 50% of trades held under 1 minute
Cons
- 35–40% best-day consistency rule applies on all funded accounts
- E8 Signature caps first payout at 2.5% of account size (cycles 1 and 2)
- 5-minute news blackout around high-impact events on funded accounts
- No overnight or weekend holding on futures and crypto instruments
- E8 Signature does not permit overnight holding
- US traders cannot use MT5 or cTrader
- Multiple programme types make comparing options time-consuming
- E8 Futures uses a monthly subscription model with no fee refund
Account Plans and Pricing
E8 One Challenge Rules
| Evaluation type | 1-step (single phase) |
| Profit target | Configurable: 6% minimum to 21% maximum (default 9%) |
| Time limit | Configurable (none by default) |
| Min. trading days | None required |
| Max drawdown | Configurable: 4% to 14% dynamic trailing (highest closed balance) |
| Daily loss limit | Configurable: 3% to 9.2% (default 3%) |
| Consistency rule | 40% best-day rule on funded account (largest daily profit cannot exceed 40% of total cumulative profit) |
| Overnight holding | Allowed (forex); not allowed on futures and crypto |
| Weekend holding | Allowed (forex); not allowed on futures and crypto |
| News trading | Allowed during evaluation; 5-minute blackout on funded account |
| EAs / algorithmic trading | Allowed (one unique strategy per user) |
| Copy trading | Allowed between own accounts; prohibited across multiple E8 evaluation accounts |
| Anti-scalping | Fewer than 50% of total trades may be held under 1 minute |
| Fee refund | Returned with first payout |
E8 Track Challenge Rules (2-Step)
| Evaluation type | 2-step (Phase 1 + Phase 2) |
| Phase 1 profit target | 8% |
| Phase 2 profit target | 5% |
| Time limit | Configurable |
| Min. trading days | None required |
| Max drawdown | Dynamic trailing (configurable range) |
| Daily loss limit | Configurable |
| Consistency rule | 40% best-day rule on funded account |
| Fee refund | Returned with first payout |
E8 Signature Challenge Rules
| Evaluation type | 1-step (single phase) |
| Profit target | 6% |
| Account sizes | $50,000 / $100,000 / $150,000 |
| Time limit | None |
| Min. trading days | None during evaluation; 3 profitable days required for first funded payout; 5 profitable days between subsequent payouts |
| Max drawdown | End-of-day dynamic drawdown (exact % varies by account size) |
| Daily loss limit | 4% (EOD calculation) |
| Consistency rule | 35% best-day rule on funded account (largest daily profit cannot exceed 35% of total cumulative profit) |
| Overnight holding | Not permitted |
| Weekend holding | Not permitted |
| News trading | Allowed during evaluation; 5-minute blackout on funded account (more permissive window than E8 One) |
| Payout cap (cycles 1–2) | 2.5% of account size per withdrawal |
| Payout cap (cycle 3) | 4.5% of account size per withdrawal |
| Payout cap (cycle 4) | 5.5% of account size per withdrawal |
| Payout cap (cycle 5+) | Up to $25,000 per withdrawal |
| Fee refund | Returned with first payout |
Payouts
| First payout eligibility | On demand (E8 One / Track); after 3 profitable days (E8 Signature) |
| Subsequent payouts | On demand; minimum 5 trading days between payouts (E8 Signature) |
| Processing time | 1–2 business days review, then 1–3 days processing (2–5 total) |
| Profit split (base) | 80% |
| Profit split (scaled) | 90% after two consecutive payouts without breach; 100% available via add-on |
| Minimum payout | $50 via bank transfer; $250 via cryptocurrency |
| Payout methods | Bank transfer (Plane), cryptocurrency (Rise) |
| KYC required | Yes, before first payout |
| Verified total paid | $68M+ across 18,900+ withdrawals (as of July 2026) |
Trading Conditions
| Platforms | MetaTrader 5 (MT5), cTrader, TradeLocker, Match-Trader |
| US trader platforms | TradeLocker and Match-Trader only (MT5 and cTrader unavailable) |
| Instruments | Forex, indices, metals, energy, commodities, crypto, futures |
| Max leverage (forex) | 1:30 |
| Max leverage (crypto) | 1:2 |
| Max leverage (energy / indices) | 1:15 |
| News trading (evaluation) | Allowed on all programmes |
| News trading (funded) | 5-minute blackout before and after high-impact releases (FOMC, NFP, CPI, ECB, BoE) |
| Overnight holding | Allowed on E8 One and E8 Track (forex only); not permitted on E8 Signature |
| Weekend holding | Allowed on E8 One and E8 Track (forex only); not permitted on futures, crypto, or E8 Signature |
| Expert Advisors | Allowed (one unique strategy per user account) |
| Copy trading | Allowed between own accounts; cross-account hedging and sharing prohibited |
| HFT / scalping | Fewer than 50% of trades may be held under 1 minute |
| Scaling path | 80% base split scales to 90% after two consecutive payout cycles without a rule breach |
Our Verdict
E8 Markets sits in a distinct position among prop firms because of one feature that few competitors offer: a configurable challenge. On E8 One, traders set the profit target, daily loss limit, and maximum drawdown at checkout. A trader who wants a tight 4% drawdown and a modest 6% target can build that. A trader who wants more room and is willing to hit a 14% drawdown in exchange for a 21% profit target can do that too. No other major firm in this tier gives this level of pre-entry control. It is a genuinely different product design, not just marketing variation.
The programme range is broad enough to be useful. E8 One suits traders who want to customise their risk parameters. E8 Track gives traders a traditional two-step or three-step path with fixed targets. E8 Signature targets traders who want a single 6% target with a more conservative, managed payout model. E8 Crypto and E8 Futures extend the model into specialist markets. Most traders will find an option that fits their strategy without needing to compromise on the core rules.
The consistency rule is the biggest practical caveat. On funded accounts, no single trading day can account for more than 40% of total cumulative profit (35% on E8 Signature). This catches traders who have one very large day early in a payout cycle. If you run a strategy that relies on capturing large moves during specific events, you may hit this rule before you expect to. Use our consistency calculator to check whether your results would breach this rule before requesting a payout.
Payout reliability is strong. Over $68 million paid to more than 18,900 traders is a meaningful track record. Processing takes 2 to 5 business days in most cases. The minimum payout of $50 via bank transfer is low enough that traders do not need to accumulate large balances before withdrawing. The E8 Signature payout caps in the first four cycles are a genuine drawback for traders managing larger accounts who want to pull profits quickly, but the caps are clearly disclosed upfront.
Platform coverage is solid: MT5, cTrader, TradeLocker, and Match-Trader cover most trader setups. The restriction on MT5 and cTrader for US-based traders is worth noting if you are in that market. The 5-minute news blackout on funded accounts is narrower than what some firms impose, but it will affect traders who specifically trade around major releases.
E8 Markets is a strong fit for traders who want to tune their challenge parameters rather than accept a fixed structure. It is less ideal for traders who need unrestricted news trading on funded accounts, or who want to hold positions overnight on futures and crypto. Overall, the configurable model, solid payout track record, and four-platform support put it ahead of most mid-tier prop firms in the market.
Frequently Asked Questions
Is E8 Markets a legitimate prop firm?
Yes. E8 Markets launched in 2021 and rebranded in November 2023. It has paid out over $68M to traders across 18,900+ withdrawals and holds a 4.3 out of 5 Trustpilot rating from more than 3,200 verified reviews. The firm is not regulated by a financial authority, which is standard for CFD prop firms in this space.
What challenges does E8 Markets offer?
E8 Markets offers five programme types: E8 One (1-step, fully configurable rules), E8 Track (2-step: 8% / 5% targets, or 3-step: 7% / 4% / 3% targets), E8 Signature (1-step, 6% target, tiered payout caps), E8 Crypto (crypto-only evaluation), and E8 Futures (monthly subscription). Account sizes run from $5,000 to $500,000 across most programmes.
What is the E8 Markets drawdown rule?
On E8 One, both the daily loss limit and the maximum drawdown are configurable at checkout. The default daily loss limit is 3% and the default maximum drawdown is 4%, using a dynamic trailing calculation from the highest closed balance. Traders can set the maximum drawdown as high as 14% and the daily limit up to 9.2% at a higher fee. E8 Signature uses an end-of-day dynamic drawdown with a fixed 4% daily loss limit.
What platforms does E8 Markets support?
E8 Markets supports MetaTrader 5, cTrader, TradeLocker, and Match-Trader. US-based traders are restricted to TradeLocker and Match-Trader, as MT5 and cTrader are not available in that market. All four platforms are available to traders outside the US.
Does E8 Markets have a discount code?
E8 Markets runs periodic first-order discounts of up to 20% directly on their site at e8markets.com/e8-markets-discount-code. We do not have a verified partner code for PropFirmReviews.net at this time. Check the official E8 Markets discount page for current offers before purchasing.
Ready to try E8 Markets?
5 programme types. Configurable rules. MT5, cTrader, TradeLocker, Match-Trader. $68M+ paid out.
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