E8 Markets vs The Funded Trader: Elite Prop Firms Comparison
Introduction
E8 Markets and The Funded Trader represent two prominent players in the proprietary trading firm space, each offering funded trading accounts to qualified traders. E8 Markets stands out with its simplified evaluation process and competitive profit splits, earning a Trustpilot rating of 4.7/5 from over 300 reviews. The Funded Trader has gained recognition for its innovative challenge structure and generous scaling plans, reflected in its impressive 4.8/5 Trustpilot rating from over 1,200 reviews. Both firms provide traders with opportunities to access significant capital without risking personal funds, though they differ in their approach to evaluation, support, and payout structures.
Quick Comparison
|
| Feature |
E8 Markets |
The Funded Trader |
|
 |
|
| Founded |
2022 |
2021 |
| Trustpilot Rating |
4.7/5 (300+ reviews) |
4.8/5 (1,200+ reviews) |
| Account Sizes |
$25,000 – $200,000 |
$10,000 – $400,000 |
| Profit Split |
Up to 90% |
Up to 90% |
| Evaluation Phases |
One-phase evaluation |
Two-phase challenge |
| Review |
Read full review |
Read full review |
Program Types – Which experience fits your goals?
|
| Program |
E8 Markets |
The Funded Trader |
| Evaluation Model |
Single-phase evaluation with profit target |
Two-phase challenge (Challenge + Verification) |
| Express Program |
Available (higher fee for faster evaluation) |
Not available |
| Scaling Plans |
Account growth up to $400,000 based on performance |
Rapid scaling program with account increases up to $1,200,000 |
| Demo Account |
Available for practice before purchasing |
Limited demo functionality |
| Specialty Programs |
Swing trading specific programs |
Royal Challenge with relaxed rules and higher fees |
Assessment Criteria – How can you pass the test?
|
| Criteria |
E8 Markets |
The Funded Trader |
| Profit Target |
8% in single phase |
10% in Challenge, 5% in Verification |
| Maximum Daily Loss |
4% of account balance |
5% of account balance |
| Maximum Overall Loss |
8% of account balance |
10% of account balance |
| Time Limit |
No time limit |
Phase 1: 30 days, Phase 2: 60 days |
| Minimum Trading Days |
5 trading days |
5 trading days per phase |
| Trading Hours |
24/5, weekend trading restricted |
24/5, no trading during major news events |
| Scaling Requirements |
Consistent profitability over 2 months |
10% profit in 4 consecutive months |
Fees and Pricing – How much will you pay?
|
| Option |
E8 Markets |
The Funded Trader |
| $10,000 Account |
Not available |
$99 |
| $25,000 Account |
$149 |
$149 |
| $50,000 Account |
$249 |
$249 |
| $100,000 Account |
$349 |
$349 |
| $200,000 Account |
$549 |
$599 |
| Refund Policy |
Full refund available if evaluation is passed |
No refund, but reduced fee for retakes |
| Monthly Fees |
None |
None |
| Coupons |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
Platforms/Tools – What can you use?
|
| Feature |
E8 Markets |
The Funded Trader |
| Trading Platforms |
MetaTrader 4, MetaTrader 5 |
MetaTrader 4, MetaTrader 5, cTrader |
| Data Feed |
Institutional-grade |
Institutional-grade with minimal latency |
| Trading Dashboard |
Basic performance metrics |
Comprehensive analytics dashboard |
| Mobile Trading |
Available through MT4/MT5 mobile apps |
Full mobile support across all platforms |
| Educational Resources |
Basic trading guides and webinars |
Extensive library, live training sessions, community forums |
| API Trading |
Limited support |
Full API access for algorithmic trading |
Available Options/Products
|
| Feature |
E8 Markets |
The Funded Trader |
| Trading Instruments |
Forex, Indices, Commodities, Cryptocurrencies |
Forex, Indices, Commodities, Cryptocurrencies, Stocks |
| Account Types |
Standard, Express, Swing |
Standard, Royal Challenge |
| Maximum Account Size |
$200,000 initial, up to $400,000 with scaling |
$400,000 initial, up to $1,200,000 with scaling |
| Tradable Markets |
All major and some minor markets |
Extensive market access including exotic pairs |
| News Trading |
Allowed with restrictions |
Restricted during major economic releases |
| Weekend Holding |
Allowed with position size limitations |
Allowed with specific risk parameters |
Technical Capabilities/Performance
|
| Feature |
E8 Markets |
The Funded Trader |
| Execution Speed |
Average 80ms |
Average 45ms |
| Spreads |
Competitive, starting from 0.5 pips |
Ultra-tight, starting from 0.0 pips |
| Commissions |
Low commission structure |
Combination of spread and commission model |
| Server Locations |
NY4 data center |
Multiple global data centers (NY4, LD4, TY3) |
| Maximum Leverage |
1:100 during evaluation, 1:20 for funded accounts |
1:100 during challenge, 1:30 for funded accounts |
| Backtesting Capabilities |
Limited to platform defaults |
Advanced strategy tester with optimization |
| Automated Trading Support |
Basic EA support |
Comprehensive algorithmic trading ecosystem |
Funding and Payouts
|
| Feature |
E8 Markets |
The Funded Trader |
| Initial Profit Split |
80% for trader |
80% for trader |
| Maximum Profit Split |
Up to 90% after consistent performance |
Up to 90% with scaling program |
| Payout Frequency |
Bi-weekly |
Monthly |
| Minimum Payout |
$100 |
$200 |
| Payout Methods |
Bank transfer, Cryptocurrency, PayPal, Wise |
Bank transfer, Cryptocurrency, Skrill, PayPal |
| Payout Processing Time |
3-5 business days |
1-3 business days |
| Scaling Opportunities |
Double account size after reaching 10% profit twice |
Triple account size through consistent performance |
Support and Community
|
| Feature |
E8 Markets |
The Funded Trader |
| Customer Support Hours |
24/5 |
24/7 |
| Support Channels |
Email, Live Chat, Phone |
Email, Live Chat, Phone, Discord |
| Response Time |
Average 6-12 hours |
Average 1-4 hours |
| Community Features |
Basic trader forum |
Active Discord, webinars, trader community |
| Educational Content |
Limited guides and tutorials |
Extensive learning resources, trading psychology courses |
| Mentorship Options |
None officially offered |
Optional mentorship programs (additional cost) |
| Languages Supported |
English, Spanish |
English, Spanish, German, French, Portuguese |
Conclusion and Final Recommendation
|
| Key Element |
E8 Markets |
The Funded Trader |
| Strengths |
Single-phase evaluation, no time limits, full refund upon passing, simplified rules, bi-weekly payouts |
Extensive platform options, superior scaling plan, comprehensive educational resources, active community, faster execution speeds |
| Weaknesses |
Limited educational resources, fewer platform options, less robust community support, lower maximum account ceiling |
Two-phase evaluation process, stricter rules, time constraints on challenges, no refund policy |
| Best For |
Traders who prefer simplicity, longer-term traders who need flexible time frames, those who value straightforward evaluation processes |
Experienced traders seeking maximum scaling potential, those who want comprehensive tools and education, traders benefiting from community support |
| Final Grade |
4.3/5 |
4.6/5 |
| Discount Codes |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
FAQ
What makes E8 Markets popular among users?
E8 Markets has gained popularity primarily due to its straightforward single-phase evaluation process with no time constraints. Traders appreciate the simplified rules that allow them to focus on trading rather than complex evaluation metrics. The full refund policy upon passing evaluation is also highly attractive, effectively making the program free for successful traders. Additionally, their bi-weekly payout structure enables more frequent access to profits compared to monthly options offered by competitors.
How does The funded Trader differ from other similar organizations?
The Funded Trader distinguishes itself through its exceptional scaling opportunities, allowing traders to grow accounts up to $1.2 million – significantly higher than most competitors. Their multi-platform support (MT4, MT5, and cTrader) offers traders flexibility in choosing their preferred trading environment. Their robust trader community and comprehensive educational resources are also standout features. Additionally, The Funded Trader provides superior execution speeds and diverse trading instruments, including stocks, which aren’t available with many prop firms.
Which firm offers better profit splits for traders?
Both E8 Markets and The Funded Trader offer comparable profit-sharing structures, starting at 80% for traders and scaling up to 90% based on performance metrics. E8 Markets requires traders to achieve 10% profit twice to double their account size and increase profit splits. The Funded Trader’s scaling program is slightly more aggressive, potentially allowing traders to triple their account size through consistent performance. The primary difference lies in payout frequency: E8 Markets offers bi-weekly payouts while The Funded Trader operates on a monthly schedule.
Is it easier to pass E8 Markets or The Funded Trader evaluation?
E8 Markets generally offers an easier path to obtaining a funded account due to its single-phase evaluation system with no time constraints. Their profit target of 8% with a maximum drawdown of 8% is slightly more forgiving than The Funded Trader’s two-phase system requiring 10% profit in the Challenge phase and 5% in the Verification phase. The Funded Trader also imposes time limits (30 days for Challenge, 60 days for Verification), creating additional pressure. For traders who need flexibility and prefer a straightforward evaluation process, E8 Markets presents fewer hurdles.
Which platform offers better value for money?
Value depends largely on trader needs and preferences. E8 Markets offers better immediate value through its refund policy – pass the evaluation and effectively pay nothing. For traders confident in their abilities, this is extremely attractive. The Funded Trader, while not offering refunds, provides superior long-term value through its extensive educational resources, community support, and substantially higher scaling potential (up to $1.2 million). Their more advanced trading infrastructure with lower latency and multi-platform support may justify the non-refundable fee structure for serious traders seeking maximum growth potential.
How was this 2 companies Comparison Created?
1. We Collect
Our team gathered comprehensive data from multiple authoritative sources to ensure accuracy. This included official documentation from both E8 Markets and The Funded Trader websites, terms of service documents, pricing pages, and feature descriptions. We supplemented this with verified user reviews from Trustpilot, Forex Peace Army, and other independent review platforms. Additionally, we consulted industry experts and current users of both platforms to gain insights beyond marketing materials.
2. We Examine
Our team of professional traders and financial analysts independently verified all collected information. We cross-referenced claims against publicly available information and user testimonials. Whenever possible, we tested features directly or consulted with active users of both platforms. Special attention was given to verifying trading conditions, execution quality, and payout processes – areas where marketing claims often diverge from reality.
3. We Score
Our scoring methodology evaluates each company across seven key categories: evaluation structure, trading conditions, platforms/tools, pricing/value, scaling opportunities, customer support, and educational resources. Each category receives a weighted score based on its importance to the average trader. Final scores are calibrated on a 5-point scale, with particular emphasis on consistent performance, transparency, and value provided to traders at different experience levels.
4. You Choose
This comparison aims to empower you with objective information to make the best decision for your trading journey. Consider which features align with your trading style, capital availability, and career goals. E8 Markets might be ideal if you value simplicity and flexible timeframes, while The Funded Trader could be preferable if you prioritize advanced tools and maximum scaling potential. Remember that the “best” option varies based on individual trading styles, experience levels, and objectives.
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