E8 Markets Prop Firm Review – What You Need to Know in 2025
Founded in November 2021, E8 Markets (formerly E8 Funding) is a proprietary trading firm headquartered in Dallas, Texas, with an office in Prague, Czech Republic, led by CEO Dylan Elchami. It offers funded accounts from $5,000 to $400,000, scalable to $1 million, with profit splits up to 100%. Traders can access forex, indices, commodities, equities, and cryptocurrencies on platforms like TradeLocker, cTrader, MatchTrader, Platform 5, MetaTrader 4 (MT4), and MetaTrader 5 (MT5), partnered with a tier-1 liquidity provider. With over $35 million paid out and a 4.7/5 Trustpilot rating from 2,681 reviews, E8 Markets is praised for flexibility and transparency but faces scrutiny for high spreads and its unregulated status.
E8 Markets Best suited for:
- Beginners: Affordable challenges starting at $33 and a free trial to test platforms.
- Experienced Traders: High capital access, customizable drawdowns, and up to 100% splits.
- Algo & Scalping Traders: Supports Expert Advisors (EAs), scalping, and news trading.
Pros & Cons of E8 Markets
Pros
- High Profit Splits: Up to 100% (80% default), with 10%-20% challenge profit share.
- Flexible Funding Models: One-step, two-step, and three-step evaluations with customizable drawdowns (6%-14%) and no time limits.
- Diverse Platforms: TradeLocker, cTrader, MatchTrader, Platform 5, MT4, MT5 with over 60 forex pairs, indices, and crypto.
- Fast Payouts: First payout after 8 days, then every 14 days, processed in 24 hours, with a $1,000 compensation for delays.
- Scaling Plan: Accounts scale to $1 million by retaining balances at payout, increasing drawdown limits.
- Free Trial: Test platforms and conditions without financial risk.
Cons
- Weekend trading not available on most accounts:
- Payout timelines may vary based on verification speed:
How Does E8 Markets Work? (Step-by-Step Guide)
- Select Account & Challenge: Choose Classic, Track, or Pro v.1 ($5,000-$400,000) with one-, two-, or three-step evaluations.
- Pass Evaluation: Meet profit targets (5%-10% per phase) with customizable drawdown limits (6%-14%) and no time limits.
- Get Funded: Trade a funded demo account linked to a live proprietary trading account after KYC verification.
- Earn Profits: Receive 80%-100% profit splits, paid bi-weekly (first payout after 8 days).
E8 Markets Account Types & Funding Options
- Account Sizes: $5,000, $10,000, $25,000, $50,000, $100,000, $200,000, $400,000, scalable to $1 million. Funding Models: o Classic (Two-Step): 8% (Phase 1) + 5% (Phase 2), 5% daily/8% max drawdown, $33-$2,064 fee. o Track (Three-Step): 5% per phase, 5% daily/8% max drawdown, $33-$2,064 fee, lower entry cost. o Pro v.1 (One-Step): 10% profit target, 3% daily/6% max drawdown, $48-$2,064 fee. o ELEV8 Account: $100,000 account, two-step, scales to $1 million, $988 fee. Profit Splits: 80% default, up to 100% with add-ons
- customizable drawdowns (6%-14%). Fees: $33-$2,064, non-refunded but refundable post-evaluation.
Profit Targets & Payouts
- Profit Targets: 5%-10% per phase (Classic: 8% + 5%
- Track: 5% x 3
- Pro v.1: 10%).
- Payouts: Bi-weekly via Rise, crypto (BTC, ETH, USDC), or bank transfer, processed in 24 hours (48-hour guarantee or $1,000 compensation)
- minimum not specified. Some report delays up to a week.
- Drawdown Limits: 3%-5% daily, 6%-14% max (customizable, static or trailing).
- Comparison: E8’s customizable drawdowns are more flexible than FunderPro’s fixed 5%, but payout delays are less reliable than SFX Funded’s 10-day cycle.
Leverage & Trading Conditions
- Leverage: Up to 1:500 (forex, gold with add-on), 1:50 (indices), 1:20 (commodities), 1:10 (crypto).
- Commissions: $5-$7/lot for forex and commodities
- commission-free for indices and crypto.
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Scalping, swing trading, hedging, news trading, overnight/weekend holding, Expert Advisors (EAs).
Restricted Trading Strategies
- High-frequency trading (HFT)
- arbitrage
- latency trading
- cross-account copy trading
- exploiting platform errors.
How Long Does It Take to Get Funded by E8 Markets?
- Challenge Duration: Unlimited, with no minimum trading days (5 days for some evaluations).
- Evaluation Speed: One-step can take days
- two-/three-step may take 1-3 weeks.
- User Experiences: Fast funding (24-48 hours post-KYC), with traders praising quick approvals.
How Long Has E8 Markets Been Around?
Since November 2021, E8 Markets has paid out over $35 million to 200,000+ traders. Its 4.7/5 Trustpilot rating and tier-1 liquidity provider partnership enhance credibility, but its short history and unregulated status compared to FTMO (2014) suggest caution.
Who Owns E8 Markets? (Founder & Company Background)
Founder: Dylan Elchami, CEO with trading expertise. ? ? Headquarters: Dallas, Texas (100 Crescent Ct, Unit 700, TX 75201), Prague, Czech Republic. ? ? Mission & Vision: Empower traders with capital, flexibility, and advanced tools for global success. ? ? Regulatory Status: Unregulated prop firm, partners with tier-1 liquidity providers.
What Can You Trade with E8 Markets? (Supported Markets & Assets)
Markets: Forex (60+ pairs), indices (S&P 500, NASDAQ), commodities (gold, silver, oil), equities, cryptocurrencies (BTC, ETH, Litecoin). ? ? Assets: Over 60 instruments across CFDs, no futures or non-CFD crypto. ? ? Restrictions: No HFT, arbitrage, or latency trading, news trading allowed with slippage risk.
Does E8 Markets Offer Education & Trader Support? (Learning Resources & Coaching)
Limited, basic trading guides and platform tutorials, no webinars or comprehensive courses. ? ? Trader Development: E8X Dashboard provides real-time analytics for risk and performance tracking. Coaching Programs: None, relies on community support and basic resources. Community & Networking: Active Discord and social media for trader interaction and updates.
How Good is E8 Markets’s Customer Support? (Response Time & Availability)
Support Channels: Live chat (4 AM-4 PM CST), email, Discord. Response Times: Live chat responds in under 2 minutes, email within 24 hours, some report delays in complex issues. Operating Hours: Limited live chat hours, 24/5 for email/Discord. Trader Feedback: Positive for quick responses and payout support, negative for slow email replies.
Is E8 Markets a Scam or a Legit Prop Firm?
E8 Markets is legitimate, with UAE registration (E8 Funding LLC), a 4.7/5 Trustpilot rating from 2,681 reviews, and over $35 million in pay outs. Its tier-1 provider partnerships, free trial, and refundable fees enhance trust, with traders praising fast pay outs (e.g., $8,405 per Trustpilot). However, concerns include its unregulated status and high spreads on metals. Limited reviews (compared to FTMO) and a short history since 2021 suggest caution. Trustpilot shows 95% positive feedback but 5% one-star reviews citing denials and support issues.
User Reviews & Community Feedback on E8 Markets
- E8 Markets is legitimate, with UAE registration (E8 Funding LLC), a 4.7/5 Trustpilot rating from 2,681 reviews, and over $35 million in pay outs. Its tier-1 provider partnerships, free trial, and refundable fees enhance trust, with traders praising fast pay outs (e.g., $8,405 per Trustpilot). However, concerns include its unregulated status and high spreads on metals. Limited reviews (compared to FTMO) and a short history since 2021 suggest caution. Trustpilot shows 95% positive feedback but 5% one-star reviews citing denials and support issues.:
Alternatives to E8 Markets – How It Compares
- FTMO: Higher trust score (4.9/5), 90% split, two-step evaluation, regulated brokers, broader education, but stricter rules and no instant funding. FundedNext: 95% split, MT4/MT5/cTrader, scaling to $4 million, on-demand payouts, fewer consistency rules, but no free trial. SFX Funded: Up to 100% split, instant funding, 10-day payouts, but stricter 3% drawdown and fewer reviews.
Final Verdict – Should You Trade with E8 Markets?
E8 Markets is a strong choice for forex, crypto, and futures traders seeking high profit splits (up to 100%), flexible evaluations (one-/two-/three-step), and diverse platforms (TradeLocker, cTrader, MT4/MT5). Its customizable drawdowns (6%-14%), free trial, and scaling to $1 million appeal to beginners and pros, while refundable fees and a 4.7/5 Trustpilot rating add trust. It’s competitive for its flexibility and transparency. However, its unregulated status, high spreads on metals, and limited education raise concerns compared to FTMO or FundedNext. Traders should test the free trial, use discounts and monitor feedback ( @E8Markets on X) before committing in 2025, balancing its innovative features against potential risks.