Sway Funded vs E8 Markets: Elite Prop Firms Comparison
Published: · Last updated:
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
Program Types
| Program | Sway Funded - Elite | E8 Markets |
|---|---|---|
| Entry Level Program | Yes | — |
| Advanced Program | Yes | — |
| Scaling Options | Yes | — |
| Demo Account | Yes | — |
Rules & Assessment
| Criteria | Sway Funded - Elite | 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) | — |
| News Trading | Yes | — |
Fees & Pricing
| Option | Sway Funded - Elite | 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 - Elite discount | E8 Markets discount |
Platforms & Markets
| Feature | Sway Funded - Elite | E8 Markets |
|---|---|---|
| Trading Platforms | Liquid Charts, Liquid Charts Pro | — |
| Forex | Yes | — |
| Stocks | Yes | — |
| Indices | Yes | — |
| Commodities | Yes | — |
| Cryptocurrencies | Yes | — |
| Bonds | — | — |
| EA/Algo Trading | No | — |
Payout
| Feature | Sway Funded - Elite | 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 - Elite | 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 |
FAQ
What makes Sway Funded popular among users?
How does E8 Markets differ from other similar organizations?
Can I use Expert Advisors (EAs) with both Sway Funded and E8 Markets?
What happens if I fail the evaluation with either company?
How long does it typically take to receive payouts from these firms?
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.