E8 Markets stands out with its offering of $400,000 in virtual capital, no minimum or maximum trading days, and swift payouts within 10 hours.
Their rebranding from E8 Funding to E8 Markets highlights a shift towards a simulated markets company, emphasizing sophisticated trading tools and strategies.
E8 Markets aims to empower traders with tools and insights, offering a platform that resonates with evolving trader needs.
Coupon Code Availability and Details
No coupon codes were available on their website at the moment. For current promotions, it’s best to keep a lookout on their website.
About E8 Markets: An Overview
Official Company Name:
E8 Funding LLC (rebranded as E8 Markets).
Company Address:
- Dallas, TX, USA
- Prague, Czech Republic
Year of Establishment:
2021
Place of Company Registration:
United States.
Leadership team:
CEO: Dylan Elchami
Trading Platforms Offered
E8 Markets offers two main trading platforms:
- Virtual Markets-demo: Platform 5
- MatchTrader-demo: Match Trader (US clients only)
These platforms provide traders with a variety of tools and features to enhance their trading experience.
Instruments Available at E8 Markets
Trading Instruments:
- Forex
- Commodities
- Indexes
- Cryptocurrencies
This wide range of instruments allows traders to diversify their portfolios and capitalize on different market opportunities.
How to Make Payments at E8 Markets
- Bank transfers via Plane.com
- Various cryptocurrency options through Riseworks.io
These payment methods offer convenience and security for both deposits and withdrawals.
Account Sizes at E8 Markets
- $10,000
- $25,000
- $50,000
- $100,000
These account sizes cater to traders with different levels of experience and capital.
Profit Splits in E8 Markets
Traders can earn up to 100% of their profits. This structure is highly attractive as it maximizes the earnings potential for traders.
Profit Targets for E8 Markets
Profit targets range between 4% and 10%. These targets are designed to be achievable while encouraging disciplined trading practices.
Maximum Daily Drawdown and Loss Limits
Not specified. Traders should manage their risk according to the guidelines provided during the evaluation process.
Minimum and Maximum Trading Day Requirements
There are no minimum or maximum trading days, allowing traders the flexibility to trade at their own pace.
Overview of Challenges and General Rules
E8 Markets offers a step-by-step evaluation process where traders can customize or choose predefined programs.
This process includes demonstrating strategy execution and earning based on performance.
Successful traders can scale up to $1,000,000 in virtual funds.
Challenge Steps
- Register: Sign up and customize an evaluation plan.
- Evaluate: Manage risk and generate profit adhering to trading objectives.
- Start Earning: Access E8 Traders account and earn up to 100% of profits.
- Level Up: Increase account balance with each consecutive withdrawal.
These steps provide a clear path for traders to progress and maximize their earnings.
Pricing for E8 Markets Challenges
The cost ranges from $48 to $2243 depending on account balance, step count, platform type, initial balance drawdown, and payout share.
Fees & Commissions
No commissions or markups on virtual funds.
Refundable Fees?
Purchases are non-refundable unless not used.
Free Trial
A free trial is available.
Payout Frequency
First payout available after 8 days; subsequent payouts every 14 days. Typically processed within 10 hours, taking 1-3 business days to receive.
Leverage
- Major FX pairs: up to 1:50
- Exotics FX pairs: up to 1:50
- Commodities & Indices: up to 1:50
- Crypto: up to 1:5
Consistency Rule
There are rewards for consistent risk management.
Commission per Lot
No commissions on virtual funds.
Customer Support Options and Details
Contact via email, letter, or Live Chat available in the contact section.
Positive Trust Pilot Reviews
- Exceptional Customer Service: Prioritizes clients' interests and provides quick, intelligent, and courteous support.
- Client-Centric Approach: Willingness to rectify issues, such as providing a new account after a trade violation.
- Effective Communication: Minimal wait times for customer service, with prompt and reliable responses.
- Trading Conditions: Best trading conditions, great dashboard, no commissions, and a unique scaling plan.
- Continuous Improvements: Regular updates and improvements to models, including payout options and account sizes.
Negative Trust Pilot Reviews
- High Overnight Fees: Significant fees for holding positions overnight with the new broker, making it difficult to break even.
- Frequent Platform Changes: Multiple changes in trading platforms within a short period, causing confusion among customers.
- Wider Spreads: Larger spreads compared to competitors, affecting profitability, especially for certain trading styles.
- Execution Issues: Poor execution and slippage, leading to earlier stop-outs and challenges in passing phases.
- Lack of Community Interaction: No Discord channel for traders to discuss and ask questions, potentially limiting transparency.