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.

FeatureSway Funded - EliteE8 Markets
Sway Funded - Elite E8 Markets
Founded2024-02
Profit Split80-90%80%, 90%, or 100% (paid choice at checkout)
Maximum Account Size$200,000$500,000
Evaluation Phases21
Trustpilot Rating4.4
Expert Grade8.19
ProgramSway Funded - EliteE8 Markets
Entry Level ProgramYes
Advanced ProgramYes
Scaling OptionsYes
Demo AccountYes
CriteriaSway Funded - EliteE8 Markets
Profit Target10% p1, 5% p2 (Standard); 8% p1, 4% p2 (Professional)6% (E8 Zero/One), 8% (E8 Pro)
Maximum Drawdown10-12%3% static (E8 Zero), 4-14% trailing (E8 One), 8% static (E8 Pro)
Minimum Trading Days5 (challenge), 3 (verification)
News TradingYes
OptionSway Funded - EliteE8 Markets
$5K AccountUSD 48 / E8 One / SimFi / One-time
$10K AccountUSD 66 / Listed challenge / One-timeUSD 88 / E8 One / SimFi / One-time
$25K AccountUSD 156 / Listed challenge / One-timeUSD 188 / E8 One / SimFi / One-time
$50K AccountUSD 289 / Listed challenge / One-timeUSD 288 / E8 One / SimFi / One-time
$100K AccountUSD 499 / Listed challenge / One-timeUSD 488 / E8 One / SimFi / One-time
$200K AccountUSD 849 / 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 / DiscountSway Funded - Elite discountE8 Markets discount
FeatureSway Funded - EliteE8 Markets
Trading PlatformsLiquid Charts, Liquid Charts Pro
ForexYes
StocksYes
IndicesYes
CommoditiesYes
CryptocurrenciesYes
Bonds
EA/Algo TradingNo
FeatureSway Funded - EliteE8 Markets
Payout TermsBitcoin, 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 →
Key ElementSway Funded - EliteE8 Markets
StrengthsNo trailing drawdown, No consistency rule, No overnight holding restrictions, Weekend holding permitted, No time limits, Active in 150+ countriesNo daily drawdown (E8 Zero), static drawdown options, single-phase evaluations, publishes pass rate
WeaknessesRelatively new firm (founded Feb 2024), Proprietary platform only, 1.5% withdrawal fee, No phone support, Not regulated brokerFirst 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 ForTraders seeking flexible challenge formats with no time pressureE8 Pro: static drawdown with no consistency rule; E8 Zero: short-term campaigns

FAQ

What makes Sway Funded popular among users?

Sway Funded has gained popularity primarily due to its flexible evaluation parameters with no time limits, allowing traders to develop their strategies at their own pace. Users also appreciate their comprehensive scaling plan that can grow accounts to $4,000,000, along with their robust community support and educational resources. The higher profit splits (up to 90%) for loyal traders and diverse asset selection with weekend crypto trading options further enhance its appeal among experienced traders looking for long-term funded relationships.

How does E8 Markets differ from other similar organizations?

E8 Markets distinguishes itself with its streamlined one-phase evaluation process, making it more accessible for traders who prefer a straightforward challenge. Their competitive pricing structure for smaller accounts and diverse platform options (including cTrader alongside MT4/MT5) set them apart. E8 also offers superior execution speeds and raw spread options that appeal to scalpers and high-frequency traders. Their 3-day money-back guarantee provides an additional layer of security for new customers testing their services.

Can I use Expert Advisors (EAs) with both Sway Funded and E8 Markets?

Yes, both firms allow the use of Expert Advisors (EAs), but with some differences. Sway Funded permits EAs with certain restrictions on ultra-high-frequency algorithms and requires disclosure of EA usage during the application process. E8 Markets offers more comprehensive support for automated trading, with fewer restrictions on EAs and dedicated servers optimized for algorithmic trading. Both companies monitor EA performance to ensure compliance with their risk management policies.

What happens if I fail the evaluation with either company?

If you fail the evaluation with Sway Funded, they offer reset options at a discounted rate (typically 50-70% of the original fee), allowing you to restart the challenge. E8 Markets provides a similar reset option at approximately 60% of the initial fee. Neither company offers automatic free resets, but both occasionally run promotions with discounted or free reset opportunities. Both firms also provide detailed analytics on what caused the failure to help traders improve their approach on subsequent attempts.

How long does it typically take to receive payouts from these firms?

Sway Funded processes payouts on a bi-weekly schedule, with funds typically reaching traders within 3-5 business days after approval. Their minimum withdrawal amount is $100. E8 Markets operates on a monthly payout schedule, usually processing withdrawals within the first week of each month, with funds arriving within 2-7 business days depending on the payment method chosen. Their lower minimum withdrawal threshold of $50 may be advantageous for traders with smaller accounts or more conservative trading styles.

How was this 2 companies Comparison Created?

1. We Collect

Our data collection process begins with comprehensive research from official websites, terms of service documents, and pricing pages of both Sway Funded and E8 Markets. We supplement this information with verified user reviews from Trustpilot, Forex Peace Army, and other independent review platforms. Additionally, we conduct interviews with current and former traders from both firms and consult industry experts to gather insights on performance, reliability, and user experience.

2. We Examine

All collected information undergoes rigorous verification by our team of experienced traders and financial analysts. We cross-reference claims against multiple sources to ensure accuracy and eliminate promotional bias. Our experts personally test aspects of both platforms when possible, including demo accounts, customer service responsiveness, and platform functionality. We also monitor social media channels and trader forums to identify recurring issues or praise not captured in official communications.

3. We Score

Our proprietary scoring methodology evaluates both firms across seven key categories: pricing structure, evaluation terms, trading conditions, platform reliability, scaling opportunities, customer support, and payout processing. Each category receives a weighted score based on its importance to traders, with subcategories further refining our analysis. The final scores represent a balanced assessment of each firm’s overall value proposition, with particular emphasis on transparency, trader-friendly policies, and long-term viability.

4. You Choose

This comparison serves as a comprehensive guide, but your individual trading style, experience level, and financial goals should drive your final decision. Consider which evaluation model best matches your trading approach-Sway Funded’s flexible two-phase system or E8 Markets’ streamlined single-phase evaluation. Assess which asset classes and platforms are most important to your strategy, and which profit-sharing and scaling model aligns with your long-term objectives. We recommend taking advantage of both firms’ demo accounts before committing to either program.

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JoinProp 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.

About JoinProp

JoinProp is your trusted gateway to the world of proprietary trading. We provide clear, unbiased firm reviews, comparison tools, and educational content to help traders at all levels make smarter decisions and grow their trading careers. Whether you’re just getting started or scaling up, JoinProp is here to guide your journey.

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