Goat Funded Trader vs E8 Markets - Prop Firm Comparison

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Introduction

When comparing prop trading firms, Goat Funded Trader and E8 Markets each offer distinct paths to funded trading. Goat Funded Trader is Spain-based, founded in 2022, and is known for $1 challenge entry promos, Up to 100% profit split. It holds a Trustpilot rating that is not currently published. E8 Markets, based in London, UK, was founded in 2020 and stands out for London-based with regulatory credibility, Twice-monthly payouts, holding a 4.5/5 (3,500+ reviews) Trustpilot rating. Both firms provide paths to funded accounts, but their evaluation structures, pricing, and trader benefits differ in key ways that may suit different trader profiles.

FeatureGoat Funded TraderE8 Markets
Goat Funded Trader E8 Markets
Founded2022
Profit Split80-90%, scaling to 100%80%, 90%, or 100% (paid choice at checkout)
Maximum Account Size$400,000$500,000
Evaluation Phases1-Step, 2-Step, 3-Step, Instant Funding, Goat $11
Trustpilot Rating4.4
Expert Grade8.29
ProgramGoat Funded TraderE8 Markets
Entry Level ProgramGoat $1
Advanced Program1-Step
Scaling OptionsYes
Demo AccountNo
CriteriaGoat Funded TraderE8 Markets
Profit Target10% (1-Step), 8%/5% (2-Step), 15% (Goat $1)6% (E8 Zero/One), 8% (E8 Pro)
Maximum Drawdown6% trailing (1-Step), 10% static (2-Step)3% static (E8 Zero), 4-14% trailing (E8 One), 8% static (E8 Pro)
Minimum Trading Days3
News TradingYes
OptionGoat Funded TraderE8 Markets
$5K AccountUSD 48 / E8 One / SimFi / One-time
$10K AccountUSD 79 / Listed challenge / One-timeUSD 88 / E8 One / SimFi / One-time
$25K AccountUSD 149 / Listed challenge / One-timeUSD 188 / E8 One / SimFi / One-time
$50K AccountUSD 249 / Listed challenge / One-timeUSD 288 / E8 One / SimFi / One-time
$100K AccountUSD 449 / Listed challenge / One-timeUSD 488 / E8 One / SimFi / One-time
$200K AccountUSD 799 / Listed challenge / One-timeUSD 798 / E8 One / SimFi / One-time
$400K AccountUSD 1598 / E8 One / SimFi / One-time
$500K AccountUSD 1998 / E8 One / SimFi / One-time
Coupons / DiscountGoat Funded Trader discountE8 Markets discount
FeatureGoat Funded TraderE8 Markets
Trading PlatformsMetaTrader 5, TradeLocker, Match Trader
ForexYes
StocksNo
IndicesYes
CommoditiesYes
CryptocurrenciesYes
BondsNo
EA/Algo TradingYes
FeatureGoat Funded TraderE8 Markets
Payout TermsBi-weekly, 80-90% baseline scaling to 100%Minimum $100; first withdrawal raises loss floor to initial balance on Zero/Pro
See all prop firm payouts →
Key ElementGoat Funded TraderE8 Markets
StrengthsFast 24-hour payouts, No time limits, Swap-free Islamic accounts, Scaling to $2M, Low $1 entry pointNo daily drawdown (E8 Zero), static drawdown options, single-phase evaluations, publishes pass rate
WeaknessesLimited backtesting, Higher initial payment, Dashboard glitches, Unregulated (Saint Lucia/Hong Kong)First payout raises loss level (Zero/Pro), profit split is paid purchase, E8 Zero caps at 5 payouts, E8 One trailing drawdown on unrealised equity, 7-day inactivity closure on futures
Best ForDisciplined traders managing trailing drawdown risk; Islamic-compliant tradingE8 Pro: static drawdown with no consistency rule; E8 Zero: short-term campaigns

FAQ

What makes Goat Funded Trader stand out among prop firms?

Goat Funded Trader, based in Spain, was founded in 2022 and is best known for $1 challenge entry promos, up to 100% profit split. With a minimum evaluation cost of $1 (promo) and a 80–100% profit split, it offers a developing value proposition for cost-conscious traders seeking accessible entry.

How does E8 Markets differ from other prop firms?

E8 Markets, based in London, UK and founded in 2020, differentiates itself through London-based with regulatory credibility, Twice-monthly payouts. With a 80–90% profit split and 2-Step evaluation, it is particularly suited to mt4/mt5 traders who want uk-based firm.

Which firm offers better payouts – Goat Funded Trader or E8 Markets?

Goat Funded Trader offers a 80–100% profit split with Bi-weekly payouts processed in 1-2 days. E8 Markets offers a 80–90% profit split with Twice monthly payouts in 1-2 days. The better choice depends on whether you prioritise split percentage or payout frequency.

Are these prop firms suitable for beginners?

Both firms can accommodate beginners, but with different considerations. Goat Funded Trader is best suited to Cost-conscious traders seeking accessible entry, while E8 Markets is better aligned with mt4/mt5 traders who want uk-based firm. New traders should start with the smallest available account size and thoroughly review all rules before committing.

What happens if I fail the evaluation at either firm?

Most prop firms allow traders to purchase a reset to restart their evaluation phase, typically at 40-50% of the original fee. Neither firm penalises future attempts based on previous failures. Check each firm’s official site for current reset pricing and terms.

How was this Comparison Created?

1. We Collect

Our research team gathered data directly from the official websites, terms of service documents, and public communications of both Goat Funded Trader and E8 Markets. We supplemented this with verified user reviews on Trustpilot and trading community forums, and consulted active traders with first-hand experience at each firm.

2. We Examine

Our team of professional traders verified all information, cross-checking accuracy against each firm’s current platform, evaluation parameters, and pricing pages. Special attention was paid to profit split structures, drawdown rules, and payout conditions to ensure our assessment reflects the real trader experience.

3. We Score

We apply a scoring methodology across seven key categories: evaluation structure, trading conditions, costs and fees, platform quality, profit potential, customer support, and educational resources. Each category is weighted by importance to traders at different experience levels.

4. You Choose

This comparison is designed to help you identify which firm better aligns with your trading style, experience level, and goals. Consider your priorities – evaluation flexibility, profit split, platform preference, and firm track record – then visit each firm’s full review on JoinProp for the complete picture. Read the Goat Funded Trader review or read the E8 Markets review to go deeper.

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