Sway Funded vs E8 Markets: Elite Prop Firms Comparison
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 $400,000, earning a solid 4.2/5 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 Comparison
|
| Feature |
Sway Funded |
E8 Markets |
|
 |
|
| Founded |
2022 |
2020 |
| Trustpilot Rating |
4.2/5 (250+ reviews) |
3.8/5 (180+ reviews) |
| Funding Amount |
$25,000 to $400,000 |
$25,000 to $200,000 |
| Evaluation Phases |
2 Phases |
1 Phase |
| Profit Split |
Up to 90% |
Up to 85% |
| Review |
Read full review |
Read full review |
Program Types – Which experience fits your goals?
|
| Program |
Sway Funded |
E8 Markets |
| Standard Evaluation |
Two-phase evaluation with 8% profit target in Phase 1 and 5% in Phase 2 |
Single-phase evaluation with 10% profit target |
| Express/Accelerated |
Higher entry fee with faster evaluation time and reduced profit targets |
Not offered |
| Instant Funding |
Available with verification requirements and higher fees |
Available with higher entry fees and verification process |
| Scaling Plan |
Account size doubles after every 10% profit milestone |
Account size increases by 25% after every 8% profit milestone |
| Demo Account |
Free demo available for 7 days |
Free demo available for 14 days |
Assessment Criteria – How can you pass the test?
|
| Criteria |
Sway Funded |
E8 Markets |
| Profit Target |
8% (Phase 1), 5% (Phase 2) |
10% (Single Phase) |
| Time Limit |
No time limit for evaluation |
30 days minimum, no maximum |
| Maximum Daily Loss |
5% of account balance |
4% of account balance |
| Maximum Overall Loss |
10% of account balance |
8% of account balance |
| Minimum Trading Days |
5 trading days per phase |
10 trading days |
| Trading Hours |
24/5, weekend trading allowed on crypto |
Trading restricted during high-impact news |
| Holding Positions |
Overnight and weekend holding allowed |
Overnight allowed, weekend holding subject to restrictions |
Fees and Pricing – How much will you pay?
|
| Option |
Sway Funded |
E8 Markets |
| $25,000 Account |
$149 one-time fee |
$99 one-time fee |
| $50,000 Account |
$249 one-time fee |
$199 one-time fee |
| $100,000 Account |
$349 one-time fee |
$299 one-time fee |
| $200,000 Account |
$499 one-time fee |
$499 one-time fee |
| Instant Funding |
2-3x standard pricing |
2x standard pricing |
| Monthly Fees |
None |
None |
| Refund Policy |
No refunds, reset options available |
3-day money-back guarantee |
| Coupons |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
Platforms/Tools – What can you use?
|
| Feature |
Sway Funded |
E8 Markets |
| Trading Platforms |
MetaTrader 4, MetaTrader 5 |
MetaTrader 4, MetaTrader 5, cTrader |
| Mobile Trading |
Available through MT4/MT5 mobile apps |
Available through MT4/MT5/cTrader mobile apps |
| Dashboard |
Comprehensive trader dashboard with metrics and analytics |
Basic trader dashboard with essential statistics |
| Trading Analytics |
Advanced performance metrics, trade analysis tools |
Standard performance metrics |
| Educational Resources |
Trading guides, video tutorials, webinars |
Basic educational articles, market analysis |
| Community Support |
Discord community, mentorship options |
Telegram channel, email support |
Available Options/Products
|
| Product |
Sway Funded |
E8 Markets |
| Forex |
50+ currency pairs |
45+ currency pairs |
| Cryptocurrencies |
20+ crypto pairs with weekend trading |
15+ crypto pairs, no weekend trading |
| Commodities |
Gold, silver, oil, natural gas, agricultural products |
Gold, silver, oil, natural gas |
| Indices |
Major global indices (US, EU, Asia) |
US and European indices primarily |
| Stocks/Equities |
500+ US stocks |
300+ global stocks |
| Trading Restrictions |
Few restrictions on trading styles |
Restricted during high-impact news events |
Technical Capabilities/Performance
|
| Feature |
Sway Funded |
E8 Markets |
| Execution Speed |
Average execution speed of 53ms |
Average execution speed of 45ms |
| Spreads |
Competitive spreads starting at 0.5 pips (EUR/USD) |
Raw spreads starting at 0.1 pips + commission |
| Leverage |
Up to 1:100 |
Up to 1:30 |
| Server Locations |
New York, London |
London, Singapore |
| Expert Advisors (EAs) |
Allowed with some restrictions |
Fully supported |
| Technical Support |
24/5 email and chat support |
Email support with 24-hour response time |
Payout Structure and Scaling
|
| Feature |
Sway Funded |
E8 Markets |
| Initial Profit Split |
80% trader, 20% firm |
75% trader, 25% firm |
| Loyalty Profit Split |
Up to 90% after 4 months of consistent performance |
Up to 85% after 6 months |
| Minimum Payout |
$100 |
$50 |
| Payout Frequency |
Bi-weekly |
Monthly |
| Payout Methods |
Bank transfer, PayPal, Crypto |
Bank transfer, Skrill, Crypto |
| Scaling Plan |
Double account size after every 10% profit milestone |
25% increase after every 8% profit milestone |
| Maximum Account Size |
Up to $4,000,000 |
Up to $2,000,000 |
Conclusion and Final Recommendation
|
| Key Element |
Sway Funded |
E8 Markets |
| Strengths |
Higher maximum account sizes, no time limits on evaluations, better scaling opportunities, more comprehensive trading resources, stronger community support |
Simpler one-phase evaluation process, lower initial fees for smaller accounts, faster execution speeds, wider platform selection with cTrader option, better raw spreads |
| Weaknesses |
Higher profit targets across two phases, slightly higher entry fees for smaller accounts, stricter rules on certain trading instruments |
More restrictive trading conditions during news events, lower maximum account sizes, less generous scaling plan, more limited educational resources |
| Best For |
Traders seeking larger account sizes with flexible evaluation parameters who value community support and comprehensive trading resources |
New traders who prefer a simpler one-phase evaluation with competitive pricing and diverse platform options |
| Final Grade |
4.3/5 |
4.0/5 |
| Discount Codes |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
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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