Sway Funded vs E8 Markets: Elite Prop Firms Comparison
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Introduction
Sway Funded and E8 Markets represent two prominent proprietary trading firms offering funded trader programs to aspiring traders. Sway Funded stands out with its flexible evaluation parameters and tiered funding options up to $200,000, earning a solid 4.1/5 rating on Trustpilot. E8 Markets distinguishes itself with a streamlined one-phase evaluation process and competitive profit splits, currently maintaining a 3.8/5 Trustpilot rating. Both firms have established themselves as reputable options for traders seeking capital backing without risking personal funds.
Quick Facts
| Feature | Sway Funded | E8 Markets |
|---|---|---|
| 
| |
| Founded | 2024-02 | 2021 |
| Profit Split | 80-90% | 80%, 90%, or 100% (paid choice at checkout) |
| Maximum Account Size | $200,000 | $500,000 |
| Evaluation Phases | 2 | 1 |
| Trustpilot Rating | — | 4.4 |
| Expert Grade | 8.1 | 9 |
Program Types
| Program | Sway Funded | E8 Markets |
|---|---|---|
| Entry Level Program | Yes | Yes |
| Advanced Program | Yes | Yes |
| Scaling Options | Yes | No |
| Demo Account | Yes | Yes |
Rules & Assessment
| Criteria | Sway Funded | E8 Markets |
|---|---|---|
| Profit Target | 10% p1, 5% p2 (Standard); 8% p1, 4% p2 (Professional) | 6% (E8 Zero/One), 8% (E8 Pro) |
| Maximum Drawdown | 10-12% | 3% static (E8 Zero), 4-14% trailing (E8 One), 8% static (E8 Pro) |
| Minimum Trading Days | 5 (challenge), 3 (verification) | 0 |
| News Trading | Yes | Evaluation: unrestricted. Funded: no trading 5 minutes before or after high-impact releases |
Fees & Pricing
| Option | Sway Funded | E8 Markets |
|---|---|---|
| $5K Account | Not offered | USD 48 / E8 One / SimFi / One-time |
| $10K Account | USD 66 / Listed challenge / One-time | USD 88 / E8 One / SimFi / One-time |
| $25K Account | USD 156 / Listed challenge / One-time | USD 188 / E8 One / SimFi / One-time |
| $50K Account | USD 289 / Listed challenge / One-time | USD 288 / E8 One / SimFi / One-time |
| $100K Account | USD 499 / Listed challenge / One-time | USD 488 / E8 One / SimFi / One-time |
| $200K Account | USD 849 / 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 | Sway Funded discount | E8 Markets discount |
Platforms & Markets
| Feature | Sway Funded | E8 Markets |
|---|---|---|
| Trading Platforms | Liquid Charts, Liquid Charts Pro | TradeLocker, Match-Trader, cTrader, MetaTrader 5; Tradovate for futures |
| Forex | Yes | Yes |
| Stocks | Yes | Yes |
| Indices | Yes | Yes |
| Commodities | Yes | Yes |
| Cryptocurrencies | Yes | Yes |
| Bonds | — | No |
| EA/Algo Trading | No | Yes |
Payout
| Feature | Sway Funded | E8 Markets |
|---|---|---|
| Payout Terms | Bitcoin, Ethereum, USDT (1.5% withdrawal fee, typically 24 hours) | Minimum $100; first withdrawal raises loss floor to initial balance on Zero/Pro |
| See all prop firm payouts → | ||
Verdict
| Key Element | Sway Funded | E8 Markets |
|---|---|---|
| Strengths | No trailing drawdown, No consistency rule, No overnight holding restrictions, Weekend holding permitted, No time limits, Active in 150+ countries | No daily drawdown (E8 Zero), static drawdown options, single-phase evaluations, publishes pass rate |
| Weaknesses | Relatively new firm (founded Feb 2024), Proprietary platform only, 1.5% withdrawal fee, No phone support, Not regulated broker | 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 | Traders seeking flexible challenge formats with no time pressure | E8 Pro: static drawdown with no consistency rule; E8 Zero: short-term campaigns |
Conclusion and Final Recommendation
Choose Sway Funded – Elite if you are traders seeking flexible challenge formats with no time pressure. Choose E8 Markets if a higher profit split, up to 100%, a larger funded ceiling at $500K and a shorter evaluation at 1 phase matter more to you. Neither firm is better in the abstract. The right choice depends on your strategy, your budget and the instruments you trade, so read both full reviews before you commit. Verify current rules and pricing on each firm’s own site before purchasing.
Frequently asked questions
What should I know about Sway Funded’s programs?
Sway Funded lists Rapid, Regular and Instant options and uses simulated accounts. Its challenge selector shows different targets and loss-limit configurations. Sway Funded official rules.
What should I know about E8 Markets’s programs?
E8 Signature Forex is a one-step simulated evaluation with a 6% profit target and end-of-day dynamic drawdown. It is one E8 product, not a rulebook for every E8 account. E8 Markets official rules.
How do payouts differ between Sway Funded and E8 Markets?
Sway advertises rewards of up to 90% of simulated profits. The exact share and reward eligibility should be taken from the selected account configuration, rather than treating that maximum as every account’s starting share. Sway Funded official rules.
E8 Signature Forex lists an 80% share, a $100 net minimum, a 35% Best Day Rule, a payout buffer and per-request caps. Five qualifying profitable days are required between later payouts, but not the first. E8 Markets official rules.
Which account rules matter when comparing Sway Funded and E8 Markets?
The displayed challenge has four minimum trading days and no overall time limit. Its configurable drawdown limits mean a headline maximum is not the loss allowance on every Sway account. Sway Funded official rules.
There is no overall completion deadline, but a trade must be opened and closed at least every 60 days. The Performance account also has a 2% daily pause. E8 Markets official rules.
Is Sway Funded or E8 Markets automatically the better choice?
No. Each firm wins on a different axis. Sway Funded – Elite is built for traders seeking flexible challenge formats with no time pressure. E8 Markets has the higher profit split at 100% and the larger funded ceiling at $500K. Which of those matters more depends on how you actually trade, so compare how each firm measures drawdown, the total fee once add-ons and resets are included and the evaluation objectives for the exact program you buy, rather than the headline numbers. If you fail an evaluation, do not assume either firm offers a fixed reset discount: check the reset terms for the specific account you bought.
How We Compared Sway Funded and E8 Markets
Both firms on this page carry a JoinProp Rating out of 10. We produce that rating with the same 9-factor methodology we apply to every firm we review: payout reliability (20%), fee structure (15%), drawdown rules (15%), profit split (15%), evaluation terms (10%), trading rules (10%), support access and responsiveness (5%), scaling plan (5%), and track record and transparency (5%).
The inputs come from our firm reviews, not from this page. For each firm we work from the current terms and conditions rather than marketing pages, track rule and pricing changes over time, and read payout and support reports across Trustpilot, Reddit and Discord, looking for recurring patterns rather than isolated complaints. Every firm is re-checked at least every 90 days, or sooner after a material change. Affiliate relationships have no effect on any rating, and ratings are never sold.
The tables above show the evidence behind those factors. A few rows, including trading platforms, available instruments, maximum account size and demo availability, are there to help you judge fit and do not affect either rating.
Read our full ranking methodology
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