Name: E8 Markets Challenges
Brand: E8 Markets

E8 Markets

CEODylan Elchami

Country

Date Created11/1/2021

Years in Operation5

E8 Markets Prop Firm Details

Firm Overview

Broker:

Virtual Markets

Platform:

cTrader

Match Trader

MT5

TradeLocker

Payment Methods:

Apple Pay

Credit Card

Crypto

Google Pay

Nuvei

Plane

Payout Methods:

Riseworks

WorksMarket

Type of Instruments:

forexcfdcryptometalsenergy

Leverage

All Accounts

FX: 1:30
Indices, Metals & Energies: 1:15
Crypto: 1:1

Commissions

FX: $5 per lot
Indices, Metals & Energy: $6 per lot
Crypto: $30/lot

Account Sizes

E8 One | $5k to $500k
E8 Pro | $5k to $500k
E8 Signature: $25k to $150k

Max Allocation

Challenge / Phase 1

Unlimited accounts across all E8 products.

Funded accounts

E8 One: maximum $500,000 allocation
E8 Pro Forex: maximum $500,000 allocation
E8 Signature Forex: maximum 5 funded accounts

Allocation limits apply to your total trading accounts.

Daily & Maximum Loss

E8 One: 4% Daily Loss / 6% Maximum Loss
E8 Pro: 2.5% Daily Loss / 8% Maximum Loss
E8 Signature: 2% Daily Loss / 4% Maximum Loss

Note : 100k/150k 2% Daily Loss / 3% Maximum Loss

Drawdown

E8 One: Trailing EOD Drawdown
E8 Pro: Static Balance Based
E8 Signature: Trailing EOD Drawdown

Risk Management

If the E8 team finds your trading style to be too aggressive, you may be contacted about reducing your risk by email
Max open size is 50 lots on most symbols
Max open size is 20 lots for XAUUSD/Gold

Consistency Rules

E8 One:

Challenge: None
Funded: 40%

E8 Pro:

Challenge: None
Funded: None

E8 Signature:

Challenge: None
Funded: 35%

Minimum Trading Days

E8 One

No fixed minimum trading days.
The earliest first payout can effectively be requested after 3 days because of the 40% Best Day calculation.

E8 Pro Forex

No minimum trading days.
Payouts can be requested daily once the payout requirements are met.

E8 Signature Forex

No minimum trading days during the Challenge.
For Performance payouts, 5 profitable days are required between payouts, excluding the first payout.
A profitable day requires at least 0.3% realized closed PnL.

News Trading

Allowed

E8 One

Challenge: News trading allowed.

E8 Pro

Challenge: News trading allowed.
Performance: News trading allowed without restrictions.

E8 Signature

Challenge: News trading allowed.
Performance: News trading allowed without restrictions.

Not Allowed

E8 One

Performance: High-impact news trading prohibited from 5 minutes before until 5 minutes after the scheduled release.
The restriction also applies to opening and closing trades, Stop Loss, Take Profit, Buy Stop, and Sell Stop orders during the restricted period.

Overnight & Weekends Holding

E8 One

Overnight Holding: Allowed
Weekend Holding: Allowed

E8 Pro Forex

Overnight Holding: Allowed
Weekend Holding: Allowed

E8 Signature Forex

Overnight Holding: Not allowed.
All positions are automatically closed at 23:00 server time.
Trading reopens at 00:15 server time.
Weekend Holding: Not allowed.

Copy Trading

Allowed

All Accounts: You can copy trades from or to your personal account, another account, or even between multiple E8 accounts (As long as these are your own trades from your own account)

Best website/app to copy trades between your own accounts:

https://bit.ly/4kZqXSJ

Not Allowed

Copying trades from another trader's account (signals, purchased strategies, social copy platforms)
Copy trading from a different user to E8 accounts

Experts

Allowed

You can use any Expert as long as E8 don't see multiple users executing the same trades/strategy, limit one strategy per user

Not Allowed

None

VPN/VPS

Use a paid VPN or VPS with a dedicated IP in a specific country every time you connect
Free VPNs often involve multiple users sharing the same IP address, which can pose security risks and may result in account loss
Sharing your VPS connection with others is prohibited

Payout Policy

E8 One

Payout: On Demand
40% Best Day Rule applies.
Net payout must be greater than 50% of the Daily Drawdown.
Earliest first payout: effectively 3 days.
No payout cap.
A buffer may need to remain in the account because the Dynamic Drawdown level does not reset after a payout.

E8 Pro Forex

Payout: Daily
No payout caps.
No consistency rule.
No minimum trading days.
Minimum profit for the first and subsequent payouts: 1% of the initial balance.
50% of total profits is initially set aside as the requestable amount, with the selected payout percentage determining the amount received.
After the first payout, the Static Drawdown level moves to the initial balance.

E8 Signature Forex

Payout: On Demand
80% Profit Split.
35% Best Day Rule.
Minimum payout: $100.
5 profitable days between payouts, excluding the first payout.
Profitable day: at least 0.3% realized closed PnL.
Payout buffer equal to the EOD Dynamic Drawdown must remain in the account.
Payout Caps:

25k:

First & Second Payout: $1,000
Third & Fourth Payout: $1,250
Fifth+ Payout: $1,500

50k:

First & Second Payout: $1,250
Third & Fourth Payout: $2,250
Fifth+ Payout: $3,250

100k:

First & Second Payout: $2,250
Third & Fourth Payout: $3,250
Fifth+ Payout: $4,250

150k:

First & Second Payout: $3,250
Third & Fourth Payout: $4,250
Fifth+ Payout: $5,250

Scale Up Plan

None

Inactivity Rules

Maximum inactivity: 60 days.
At least one trade must be opened and closed within the 60-day period.
The rule also applies to newly purchased accounts without trading history.
There is no minimum lot size requirement; a 0.1-lot trade can qualify as the required activity.
Traders planning an extended absence can contact E8 Support before the inactivity period.