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.
Quick Facts
Program Types
| Program | Goat Funded Trader | E8 Markets |
|---|---|---|
| Entry Level Program | Goat $1 | — |
| Advanced Program | 1-Step | — |
| Scaling Options | Yes | — |
| Demo Account | No | — |
Rules & Assessment
| Criteria | Goat Funded Trader | E8 Markets |
|---|---|---|
| Profit Target | 10% (1-Step), 8%/5% (2-Step), 15% (Goat $1) | 6% (E8 Zero/One), 8% (E8 Pro) |
| Maximum Drawdown | 6% trailing (1-Step), 10% static (2-Step) | 3% static (E8 Zero), 4-14% trailing (E8 One), 8% static (E8 Pro) |
| Minimum Trading Days | 3 | — |
| News Trading | Yes | — |
Fees & Pricing
| Option | Goat Funded Trader | E8 Markets |
|---|---|---|
| $5K Account | Not offered | USD 48 / E8 One / SimFi / One-time |
| $10K Account | USD 79 / Listed challenge / One-time | USD 88 / E8 One / SimFi / One-time |
| $25K Account | USD 149 / Listed challenge / One-time | USD 188 / E8 One / SimFi / One-time |
| $50K Account | USD 249 / Listed challenge / One-time | USD 288 / E8 One / SimFi / One-time |
| $100K Account | USD 449 / Listed challenge / One-time | USD 488 / E8 One / SimFi / One-time |
| $200K Account | USD 799 / Listed challenge / One-time | USD 798 / E8 One / SimFi / One-time |
| $400K Account | Not offered | USD 1598 / E8 One / SimFi / One-time |
| $500K Account | Not offered | USD 1998 / E8 One / SimFi / One-time |
| Coupons / Discount | Goat Funded Trader discount | E8 Markets discount |
Platforms & Markets
| Feature | Goat Funded Trader | E8 Markets |
|---|---|---|
| Trading Platforms | MetaTrader 5, TradeLocker, Match Trader | — |
| Forex | Yes | — |
| Stocks | No | — |
| Indices | Yes | — |
| Commodities | Yes | — |
| Cryptocurrencies | Yes | — |
| Bonds | No | — |
| EA/Algo Trading | Yes | — |
Payout
| Feature | Goat Funded Trader | E8 Markets |
|---|---|---|
| Payout Terms | Bi-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 → | ||
Verdict
| Key Element | Goat Funded Trader | E8 Markets |
|---|---|---|
| Strengths | Fast 24-hour payouts, No time limits, Swap-free Islamic accounts, Scaling to $2M, Low $1 entry point | No daily drawdown (E8 Zero), static drawdown options, single-phase evaluations, publishes pass rate |
| Weaknesses | Limited 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 For | Disciplined traders managing trailing drawdown risk; Islamic-compliant trading | E8 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.