Overview
E8 Markets is a US-based proprietary trading firm that has been in operation since 2021, offering a 2-Step challenge type evaluation process for traders. What sets E8 Markets apart is its multi-asset platform, supporting trading in Forex, Indices, Metals, Crypto, and Energy, making it an attractive option for diverse traders. The firm's fast payout policy and scalper-friendly account types are also notable features.
Challenge Structure & Pricing
E8 Markets' 2-Step challenge is priced at $48, which is relatively competitive in the market. The evaluation process allows traders to demonstrate their skills, with a maximum drawdown of 8% and the potential for a maximum allocation of $4M. While the pricing is reasonable, the complex drawdown rules may pose a challenge for some traders.
Profit Split & Payouts
The profit split offered by E8 Markets is 80%, which is a favorable term for traders. The firm's payout frequency is every 14 days, with an average payout speed of 14 hours, indicating a reliable and efficient payout process. Over the last 30 days, the firm has made 260 payouts, totaling $20.0M, demonstrating a strong payout track record.
Trading Conditions
E8 Markets supports multiple platforms, including MT5, Match Trader, and DxTrade, providing traders with flexibility in their trading environment. The firm offers a range of assets, including Forex, Indices, Metals, Crypto, and Energy, with competitive spreads such as 0.2 pip for EUR/USD and 19 pip for Gold. The scalper-friendly account types and fast execution are notable advantages for traders who employ high-frequency strategies.
Trust & Reputation
E8 Markets has a strong reputation, with a Trustpilot score of 4.4/5 based on 3175 reviews. The firm's payout track record and fast payout speed contribute to its high trust score. While some traders may find the strict account-sharing policies and complex drawdown rules to be drawbacks, the overall sentiment towards the firm is positive.
Who Is It Best For?
E8 Markets is best suited for traders who value flexibility in their trading environment, with support for multiple platforms and asset classes. Scalper-friendly account types and competitive spreads make it an attractive option for high-frequency traders. Additionally, traders who prioritize fast payouts and a reliable profit split will find E8 Markets to be a suitable choice.
The Bottom Line
E8 Markets offers a competitive proprietary trading platform with a favorable profit split and reliable payouts. While the complex drawdown rules and strict account-sharing policies may be drawbacks for some traders, the firm's strengths in multi-asset support, scalper-friendly account types, and fast payouts make it a solid choice for many traders. Overall, E8 Markets is a reputable firm that is worth considering for traders looking for a flexible and rewarding trading environment.
This review was generated by AI based on publicly available data and may not reflect the most recent changes.
