E8 Markets

Introduction

E8Markets, established in 2021, is a trailblazing proprietary trading firm that offers a unique blend of education and trading opportunities. The firm aims to provide a simulated trading environment where aspiring traders can develop their skills without the risk of real financial loss. E8Markets allows traders to access virtual capital, enabling them to practice and refine their strategies in a risk-free setting. This innovative approach makes it an attractive option for both novice traders and those looking to enhance their trading expertise.

At E8Markets, traders are not just practicing; they’re competing in a dynamic and realistic market environment. The platform provides access to a significant amount of virtual capital, up to $400,000, allowing traders to experience the pressures and rewards of managing large sums without financial risk. Performance-based rewards further incentivize traders to hone their skills and achieve excellence, making it a highly engaging and motivating platform.

In addition to its simulated trading environment, E8Markets offers comprehensive educational resources to support traders in their journey. From webinars and tutorials to one-on-one coaching sessions, the firm is dedicated to ensuring that traders have the knowledge and tools they need to succeed. This combination of practical experience and educational support sets E8Markets apart as a leading platform for trading education and skill development.

Programs

E8 One (1-Step Funding)

Profit Split: Up to 100% profit share. Profit Target: Achieve a consistent profit of 10% per month. Requirements:

Evaluation Period: Unlimited time to pass.

Initial Balance: $5,000.

Max Drawdown: 6%.

Daily Pause: None.

Leverage: 1:100 for currencies, 1:20 for commodities and indices, 1:2 for crypto.

Payout Cycle: First payout 8 days, every 14days after first payout.

E8 Classic (2-Step Funding)

Profit Split: 80% until $2M, then 90%. Profit Target: Achieve a consistent profit of 8% per month in the first step, and 4% per month in the second step. Requirements:

Evaluation Period: Unlimited time to pass.

Initial Balance: $2,500.

Max Drawdown: 6%.

Daily Pause: None.

Leverage: 1:100 for currencies, 1:20 for commodities and indices, 1:2 for crypto.

Payout Cycle: First payout 8 days, every 14days after first payout.

E8 Track (3-Step Funding)

Profit Split: Up to 100% profit share. 

Profit Target: Achieve a consistent profit of 8% per month in the first step, 4% per month in the second step, and 4% per month in the third step. 

Requirements:

Evaluation Period: Unlimited time to pass.

Initial Balance: $1,250.

Max Drawdown: 6%.

Daily Pause: 3%.

Leverage: 1:100 for currencies, 1:20 for commodities and indices, 1:2 for crypto.

Payout Cycle: First payout 8 days, every 14days after first payout.

Rules

General Rules

E8 Markets offers a variety of trading programs designed to evaluate and reward traders based on their performance. To participate, traders must meet specific criteria and adhere to the platform’s rules. These include maintaining a positive account balance, managing risk effectively, and demonstrating consistent profitability. Traders are encouraged to develop long-term strategies and avoid excessive risk-taking.

News Trading

News trading is generally restricted on E8 Markets due to the high volatility and unpredictability associated with news events. During high-impact news releases, a prohibition period is enforced, preventing traders from opening or closing trades for a short period before and after the news. This rule aims to promote responsible trading and protect traders from the risks of sudden market movements.

IP Rules

E8 Markets places a strong emphasis on protecting intellectual property rights. Traders are prohibited from copying trades or strategies from other accounts, whether manually or using Expert Advisors (EAs). Each trader must complete their evaluation independently, ensuring that their performance is a true reflection of their skills and strategies. The use of third-party EAs is allowed, but each user must use their own programmed EA to avoid duplication.

Prohibited Trading Practices

Certain trading practices are strictly prohibited on E8 Markets to maintain fair and responsible trading. These include:

All-or-Nothing Trading: Risking the entire account balance on a single trade is not permitted.

Hedging Across Multiple Accounts: Opening opposing positions on the same asset across different accounts is prohibited.

Use of Expert Advisors (EAs): While EAs are allowed, multiple users executing the same strategy will result in account termination.

Irresponsible Trading in Simulated Accounts: Executing large-volume trades without a coherent strategy or disregarding risk management practices is considered an abuse of the simulated environment.

High-Frequency Trading (HFT): Holding more than 50% of trades for under one minute or opening more than five positions on a losing trade is prohibited.

Conclusion

E8 Markets stands out as a dynamic and supportive prop firm, offering a variety of funding programs tailored to meet the needs of traders at different stages of their trading journey. With programs like E8 One, E8 Classic, and E8 Track, traders can find a path that aligns with their experience level and growth ambitions.

E8 Markets emphasizes key principles such as consistent profitability, effective risk management, and strict adherence to trading rules. By maintaining a positive account balance and demonstrating risk management skills, traders can thrive within the platform. The firm’s rules on news trading prevent traders from engaging in high-risk trades during volatile periods, promoting responsible trading.

Intellectual property protection is a cornerstone of E8 Markets, ensuring that traders complete their evaluations independently and ethically. The use of Expert Advisors (EAs) is permitted, but duplication of strategies across accounts is strictly prohibited to maintain fairness.

Prohibited trading practices, such as all-or-nothing trading, hedging across multiple accounts, and high-frequency trading, are enforced to create a transparent and responsible trading environment. These measures protect traders and uphold the integrity of the trading platform.

E8 Markets’ structured payout cycles, attractive profit splits, and rigorous evaluation process make it an appealing option for both novice and experienced traders. By adhering to the firm’s guidelines, traders can maximize their potential and benefit from the support and resources provided by E8 Markets. Overall, E8 Markets is a prop firm that fosters growth, innovation, and ethical trading practices, making it a compelling choice for traders seeking to advance their careers.