E8 Markets
E8 Markets is a Dallas-based proprietary trading firm founded in 2021, offering funded trading accounts up to $400,000 with scaling to $1 million. The firm provides multiple evaluation paths including E8 One (1-step), E8 Classic (2-step), E8 Track (3-step), and customizable E8 Pro programs.
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Firm Overview
Firm Overview
E8 Markets Prop Firm Details
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Instruments and Assets
Access to 67 futures contracts across multiple asset classes and exchanges, providing diverse trading opportunities.
Category | Symbols | Description |
---|---|---|
Forex | EURUSDGBPUSDUSDJPYUSDCHFUSDCADAUDUSDNZDUSDEURGBPEURJPYGBPJPYEURCHFEURAUDEURCADEURNZDGBPCADGBPAUDGBPCHFGBPNZDAUDCADAUDCHFAUDJPYAUDNZDNZDCADNZDCHFNZDJPYCADJPYCADCHFCHFJPY | 50+ forex pairs available with leverage up to 1:100 |
Indices | US30NAS100SPX500DAXFTSE100CAC40JPN225 | Major global indices with leverage up to 1:50 |
Commodities | USOILUKOILNATGAS | Energy commodities including crude oil and natural gas |
Metals | XAUUSDXAGUSD | Gold and Silver with leverage up to 1:50 |
Cryptocurrency | BTCUSDETHUSDLTCUSDXRPUSD | Major cryptocurrencies with leverage up to 1:2 |
Consistency Rules
E8 Markets is renowned for its meticulous approach to trading consistency, ensuring that traders maintain sustainable and responsible trading practices. A key element of this is the 40% consistency rule, which places a cap on traders' best performing day to encourage balanced trading strategies over time.
Key Consistency Requirements
- •Traders must adhere to the 40% consistency rule, limiting their best trading day to not exceed 40% of their total profit during the evaluation period.
- •High-frequency trading and tick scalping are prohibited strategies, reflecting E8 Markets' commitment to fostering a stable trading environment.
- •The company allows news trading but restricts it to 5 minutes before and after high-impact news events on funded accounts.
The 40% consistency rule is designed to prevent traders from relying too heavily on a singular, potentially risky trading day to meet their profit targets. This approach encourages traders to develop a robust trading strategy that performs consistently well over time, rather than relying on sporadic large gains.
Traders are also advised to be mindful of the news trading restrictions. By prohibiting trading around high-impact news events, E8 Markets aims to mitigate the risk of volatile market conditions affecting traders' performances.
Impact and Benefits
By implementing these consistency rules, E8 Markets fosters a disciplined trading environment that promotes long-term success. Traders are encouraged to adopt strategies that are sustainable and prudent, ultimately leading to more consistent trading performance. The restrictions on high-frequency trading and news trading ensure that the firm maintains a controlled and fair trading landscape.
Overall, these consistency rules are not just about restriction but are aimed at helping traders cultivate a balanced approach to their trading activities, aligning with E8 Markets' philosophy of sustainable trading practices.
Firm Rules
E8 Markets is a proprietary trading firm that offers a flexible trading environment with a wide range of strategies and tools. The firm is committed to providing a comprehensive platform for traders to maximize their potential, while maintaining certain guidelines to ensure a fair and secure trading experience.
Key Rules and Features
- •News Trading: News trading is allowed, but there are restrictions in place. Traders must avoid trading five minutes before and after high-impact news events on funded accounts.
- •Scalping: The firm supports scalping strategies, enabling traders to capitalize on small price movements.
- •Expert Advisors: E8 Markets allows the use of Expert Advisors, providing traders the opportunity to automate their trading strategies.
- •Weekend Holding: Traders are permitted to hold positions over the weekend, offering flexibility in managing trades.
- •Hedging: Hedging strategies are allowed, giving traders the ability to manage risk effectively.
- •VPN Usage: VPNs are permitted, provided they are not used from prohibited countries.
E8 Markets enforces specific guidelines to maintain a structured trading environment:
- •Consistency Rule: Traders must adhere to a 40% consistency rule on their best trading day to ensure a balanced performance.
- •Prohibited Strategies: High-frequency trading, tick scalping, and account management services are not permitted.
- •Minimum Trading Activity: Accounts will be closed after 90 days of inactivity, encouraging traders to remain active.
- •Symbol Restrictions: There are no symbol restrictions, allowing traders to explore a wide range of instruments.
- •Prohibited Countries: Trading is not allowed from countries including Afghanistan, Iran, Iraq, North Korea, and others listed in the firm's rules.
E8 Markets supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, Match-Trader, and TradeLocker, offering flexibility and convenience to its traders.
Additionally, there is no requirement for stop-loss orders, providing traders with the autonomy to manage their risk in a way that aligns with their strategies. The firm imposes no limit on the number of simultaneous positions, further enhancing the trading experience.
By adhering to these rules and making use of the available features, traders at E8 Markets can take full advantage of the opportunities presented by the dynamic world of proprietary trading.
Payout Policy
E8 Markets stands out with a trader-friendly payout policy that emphasizes flexibility and speed. Designed to cater to both novice and experienced traders, the payout structure ensures that profits are distributed efficiently, enhancing trader satisfaction and financial growth. With customizable profit splits and a variety of payout methods, E8 Markets offers an appealing package for its traders.
Payout Structure
E8 Markets provides a competitive profit split that can be tailored to suit the trader's account type:
- •Standard Profit Split: 80%
- •Scaled Profit Split: Up to 100% (depending on account configuration)
Payout Timing and Methods
The company ensures that traders can access their earnings promptly, with the first payout available just eight days after initiating their first trade. Subsequent payouts can be scheduled bi-weekly or requested on-demand, providing traders with the convenience of accessing their earnings as needed.
E8 Markets supports a range of payout methods to accommodate various preferences:
- •Rise Pay
- •Plane
- •Wire Transfer
Requirements and Benefits
To qualify for a payout, traders must meet a minimal trading requirement of just one day, making it accessible for traders to earn quickly. The minimum payout amount is set at $50, ensuring even smaller account balances can be withdrawn efficiently.
While E8 Markets does not offer a payout guarantee, the fast processing time and multiple payout options provide traders with confidence and assurance. By offering a customizable profit split and quick access to funds, the firm's payout policy is designed to support traders' financial goals while maintaining transparency and reliability.
In conclusion, E8 Markets' payout policy is both flexible and efficient, making it an attractive choice for traders seeking a firm that prioritizes their financial needs and rewards their trading success.
Restricted Countries
Restricted Countries:
This firm maintains geographic restrictions in accordance with regulatory requirements and licensing limitations. These restrictions are in place to ensure compliance with local financial regulations and international trading laws.
The firm currently restricts access from 35 countries and regions. These restrictions may change based on evolving regulatory requirements and the firm's licensing expansion. Traders from restricted countries are advised to check with the firm directly for any updates to geographic availability.