E8 Funding Review: Rules, Challenges, Payout and More

Is E8 Funding a legit prop firm? Find out in this detailed review.

Did you know? 1000+ traders have successfully received millions in funding from The Trading Pit.

I have been trading with them for over a year and was able to get funded easily.

Based on my experience and research, I recommend trading with them. Not only do they offer multiple challenges but they also have one of the most lenient rules for evaluation programs.

Don’t believe me? Try out their challenges and see for yourself.

Get an exclusive discount with The Trading Pit.

Pros

• Trustpilot rating: 4.7 stars
• Two distinct funding initiatives
• Savor a complimentary trial.
• Up to a 1:50 leverage
• There isn’t a minimum or maximum amount of trading days needed.
• 80% of profits are high.
• Payouts every two weeks

Cons

• Focuses on equity-based drawdown and slippage

What is E8 Funding?

E8 Funding, formally known as E8 Funding LLC, was founded as a proprietary trading company on November 5, 2021. Dallas, Texas 75201, USA’s 100 Crescent Ct, Unit 700 is the company’s principal address. Additionally, the company has a branch in Prague, Czech Republic.

With Purple Trading Seychelles acting as its broker, E8 Funding, under the direction of CEO Dylan Elchami, offers traders a two- or three-step assessment process.

The firm values traits like self-control, good risk management, and a dedication to long-term performance from its clients since it is committed to assisting traders in realizing their career goals.

With the ability to manage account sizes up to $200,000 and earn 80% of profits, traders at E8 Funding have the potential to realize significant returns. This is achieved through trading a wide variety of financial items, such as FX pairings, commodities, indices, and cryptocurrencies.

Dylan Elchami CEO (Chief Executive Officer) at E8 Funding

The founder of E8 Funding, Dylan Elchami, set out to develop a unique and user-friendly platform that would enable anyone to manage money from any location in the world and become a professionally financed trader.

Aside from reaching this objective, he remains committed to improving the terms and services provided by E8 Funding, which continues to draw traders to his private trading firm.

Elchami’s primary area of concentration in the sector is his dedication to simplifying trading for consumers. This entails creating strategic alliances and providing state-of-the-art IT solutions to provide an exceptional trading experience. To do this, he uses an internal team of engineers who put in a lot of effort to consistently deliver the best assistance available.

To stay updated on Dylan Elchami’s activities, individuals can follow him on LinkedIn.

Also check out: Topstep review

E8 Funding Programs and Challenges: Rules and Requirements

Two different funding program options are available to traders through E8 Funding:

• E8 Account
• E8 Track

E8 Account

With the E8 Account that E8 Funding provides, trades can be done with amounts as small as $25,000 and as much as $200,000. The two-phase evaluation process aims to identify profitable and well-managed traders with expertise. With the E8 Account, trading with a leverage of up to 1:50 is feasible. Furthermore, traders can choose the account financing currency to be USD, EUR, or GBP.

• Account Sizes and Corresponding Prices:
• $25,000:
• Price: $228
• $50,000:
• Price: $338
• $100,000:
• Price: $588
• $200,000:
• Price: $988

Traders must set an 8% profit target during the first evaluation period, being careful not to exceed the 5% daily loss cap or the 8% total loss cap. There is no word on how many trading days there can be in this period, either at the minimum or maximum.

Only after meeting the 8% profit goal and adhering to the daily loss and maximum loss criteria can one join phase two.

To reach their 5% profit target in the second review stage, traders strictly stick to the restrictions of a maximum daily loss of 5% and a maximum loss of 8%. There are no limitations on the minimum or maximum number of trading days, just like in phase one.

To receive financing, an individual must meet the 5% profit target and stay within the daily or maximum loss limitations.

Traders that pass both evaluation phases will have a funded account with no minimum withdrawal requirement credited to them. It is imperative that all traders strictly abide by the restrictions of an 8% maximum loss and a 5% maximum daily loss. Future withdrawals are allowed up to twice a week, with the first payout taking place eight calendar days after the funded account’s first transaction.

The traders’ share of the 80% profit will be determined by the gains made in the funded account. It is crucial to understand that following each successful withdrawal, the maximum loss rule rises by +1%, up to a maximum of 14%.

You might also like: Skilled Funded Traders review

E8 Account Scaling Plan

Traders can increase the size of their accounts by utilizing the scaling strategy provided by the E8 Account, which involves requesting a profit split after each trading session. With the 80% profit-sharing plan offered by E8 Funding, the profit is added to the account balance before withdrawal, increasing the account’s size.

For example, if a trader has a $200,000 account and makes a $20,000 profit, their account balance will increase to $220,000. Traders that request a profit split are paid $16,000, which is equivalent to 80% of the $20,000. As a result, they can now trade with a $220,000 greater balance.

E8 Account Trading Rules & Objectives

1. Profit Target: Traders must meet a predetermined percentage of profit to finish an assessment period, withdraw earnings from their trading account, or raise their trading capital. A profit target of 8% is needed for Phase 1, and 5% is needed for Phase 2. Profit targets are not fixed for funded accounts.
2. The highest amount of money a trader is allowed to lose in a single trading day without violating their account’s rules is known as the highest Daily Loss. Regardless of account size, there is a 5% daily maximum loss barrier.
3. Maximum Loss: When we talk about maximum permissible total loss, we mean the amount that a trader can lose without going against the terms of the account. Each account size has a maximum loss restriction of 8%, with the ability to increase it to a maximum of 14% if desired.

E8 Track

E8 Funding’s E8 Track allows traders to monitor accounts with values between $25,000 and $200,000. The goal is to identify profitable and well-managed traders who exhibit proficiency in all three phases of the evaluation process. With a maximum leverage of 1:50, trading is available on the E8 Track platform. Furthermore, traders have the option to designate USD, EUR, or GBP as the currency used to finance their account.

• Account Sizes and Corresponding Prices:
• $25,000:
• Price: $138
• $50,000:
• Price: $208
• $100,000
• Price: $358
• $200,000:
• Price: $598

Traders attempt to meet an 8% profit target during the first review phase, but they must ensure that they do not exceed the 5% daily loss cap or violate the 8% maximum loss restrictions.

There are no restrictions on the minimum or maximum number of trading days during this phase. The 8% profit target must be reached while adhering to the daily and maximum loss caps to advance to the second round.

The second evaluation period is subject to the same restrictions, which include a 5% profit target, a maximum daily loss of 5%, and a maximum loss of 8%. There are no restrictions on the minimum or maximum number of trading days, just like in phase one.

One must meet the 5% profit target and abide by the daily or maximum loss restrictions to become financed.

Similar to this, traders want to make a 5% profit in the third evaluation stage, but they must also ensure that they do not exceed the 8% maximum loss and the 5% daily loss caps. The minimum and maximum number of trading days are unrestricted. A 5% profit target must be met to advance to funded status.

Traders who complete all three assessment steps will receive a funded account with no minimum withdrawal limits. The restrictions, which establish an 8% maximum loss and a 5% maximum daily loss, must be followed by traders.

The first payout occurs after eight consecutive days after the initial position is taken on the funded account. Thereafter, withdrawals are allowed every two weeks.

The traders receive eighty percent of the profits generated in the financed account. Crucially, the maximum loss limit rises by +1% with each successful withdrawal, up to a maximum of 14%.

E8 Track Scaling Plan

The scaling mechanism provided by the E8 Track allows traders to raise the money in their accounts by requesting an 80% profit split at the end of each trading session.

For example, if a trader has a $200,000 account balance and makes a 10% profit ($20,000), their total balance increases to $220,000. After requesting a division of profits, they are paid $16,000, or 80% of the entire profit. Their trading account has also expanded to a total of $220,000 to facilitate further trading.

E8 Track Trading Rules & Objectives

• Phase 1 Profit Objective: Close the assessment phase, receive earnings returned, or open a larger trading account by reaching an 8% profit. Phases 2 and 3: Achieve a 5% profit target to move forward efficiently. Accounts that have received financial support include: The goals of producing money are unclear.
• Maximum daily loss: Account sizes for all users The maximum allowed daily loss for a single trading day is 5%.
• Maximum loss: The sizes of each user’s account The maximum loss that can be incurred is limited to 8% of the account’s total value as long as it remains intact. Expandable up to 14% to increase adaptability.

E8 Funding Broker: Do They Use a Reliable Platform?

When searching for proprietary trading organizations that fit the FX trading style, it’s important to evaluate the trading requirements of any you uncover to determine their feasibility. A company may be alluring if it provides a high profit share on a well-funded account, but it may not be realistic and success may be less likely if it needs significant monthly profits with low drawdown percentages.

Time constraints must also be considered. It is better to have an unlimited trading period since it releases the pressure associated with time limits. Lastly, you should become familiar with all trading rules during the evaluation and funding stages to lessen the chance that you will inadvertently violate the conditions of the trading account.

• Realistic Capital Reception from E8 Account: Setting cautious profit targets of 5% in Phase 2, 8% in Phase 1, and 5% in Phase 3 can help to increase the likelihood of receiving money. The Maximum Loss Rules apply slightly below-average limitations, with a maximum daily loss of 5% and a maximum overall loss of 8%, which can be increased up to 14%. This approach complements a practical one.
• Trading Flexibility: The number of deals that can be made on a given day is unlimited. offers adaptability independent of timing limitations. Quick funding allows for the acquisition of funds in a day or at the desired trading pace.
• Benefits: By awarding awards with an 80% profit split to participants who complete the assessment rounds, the E8 Track will become more appealing.

Considering everything, it is highly recommended to use E8 Funding because of the two unique funding packages available. These schemes contain prerequisites to be qualified for compensation, a two- or three-step approval process, and reasonable trading goals.

Brokers used by E8 Funding

E8 Funding collaborates with Purple Trading Seychelles as their broker. Beyond being a broker, Purple Trading Seychelles aspires to be more. Their goal is to offer traders competitive trading conditions, state-of-the-art technologies, and above all to foster a partnership in which traders regard them as equals.

They truly feel that this approach is necessary to thrive in the fast-paced world of financial markets. We recommend reading our in-depth evaluation of Purple Trading Seychelles for more detailed information.

When using E8 Funding, traders can access the trading platforms using MetaTrader 4 or MetaTrader 5.

E8 Funding Fees: How Much Do They Charge?

Trading Commission

• Trading Instrument and Corresponding Commission Fees:
• Forex:
• Commission Fee: 3 USD / LOT
• Commodities:
• Commission Fee: 3 USD / LOT
• Indices:
• Commission Fee: 3 USD / LOT
• Crypto:
• Commission Fee: 3 USD / LOT

Education

E8 Funding offers its audience a comprehensive E8 Blog featuring instructional content across six distinct categories:

• About E8 — Educational articles about their features
• Announcements — Latest news and updates
• E8 Traders — E8 Trader interviews
• Instruments — Educational articles about trading instruments
• Market Research — Educational market overview articles
• Trading Tips — Educational articles about trading suggestions, guides, and essential aspects of trading

E8 Funding is a proprietary trading company that offers traders a free trial. This feature lessens the chance that traders will choose incorrectly between the two evaluation programs offered by assisting them in growing more acclimated to and adept at adjusting to the trading conditions of the platform.

An additional service provided to every one of E8 Funding’s clients is a well-crafted trader dashboard. This dashboard gives you continuous access to all of the objectives and data, which simplifies risk management. By guaranteeing that updates are available at all times of the day, it improves the overall user experience.

E8 Funding Proof of Payment:

E8 Money was established on November 5, 2021, and functions as a proprietary trading firm that offers money to a limited number of traders who satisfy specific requirements and are therefore eligible for a profit-sharing plan.

Those with funded status through the E8 Account or the E8 Track with E8 Funding are eligible for their first award after eight days. Users who have surpassed the amount in their first account are eligible for further bonuses every 14 calendar days after the first payout. The profit share, which is 80%, is notable given the profit made from the financed account.

Testimonies and payment evidence are available on multiple platforms for those seeking to verify the reliability of E8 Funding’s payments. Crucially, Trustpilot includes ratings written by traders about their dealings with the company; these reviews provide specifics like how quickly payments are processed.

Additionally, E8 Funding’s Telegram channel offers an additional way to verify payment by showcasing many payout certificates from their highly skilled traders.

The images above show Payout Certificates and Payment Proof in visual form.

Top 3 Prop Firms of 2024

The Trading Pit (Best Overall)

The Trading Pit stands out in the prop trading industry for its comprehensive offerings and robust support for traders. Here’s why traders praise this firm:

1. Diverse Account Options: The Trading Pit offers multiple account types tailored to different trading styles and risk appetites. Whether you’re into forex, futures, or a combination of both, there’s an account that fits your needs. Their VIP accounts, in particular, provide substantial initial balances and the potential to earn significant profits.

2. Profit Sharing: Traders can start with a 50% profit split, which can increase up to 80% for forex and 70% for futures. This incentivizes traders to perform well and maximize their earnings as they progress through their trading journey.

3. Top-Notch Trading Platforms: The Trading Pit supports industry-leading platforms like MetaTrader 4 and 5, ensuring traders have access to reliable, feature-rich environments for executing their strategies. These platforms support various trading styles, from scalping to automated trading.

4. Comprehensive Challenges and Scaling Plans: Their well-structured trading challenges help traders improve their skills while working towards real funding. The scaling plans are particularly impressive, allowing traders to scale up their accounts significantly as they meet performance targets.

5. Strong Partner Network: The Trading Pit collaborates with top brokerage firms and partners globally. This network ensures traders benefit from excellent trading conditions, including tight spreads, low commissions, and deep liquidity pools.

6. Educational and Certification Opportunities: For those looking to grow their trading careers, The Trading Pit offers opportunities to partner with the firm, provide financial advice, and even produce trading signals. They also support traders in obtaining official certifications, enhancing their professional credentials.

Certainly, they are the best available prop firm in the market right now.

Get Funded Today with The Trading Pit

E8 Markets (Best for Experienced Traders)

E8 Markets is a standout proprietary trading firm praised for its comprehensive and flexible trading programs. Here are some highlights:

1. User-Friendly Technology: The E8X Dashboard is highly intuitive, offering in-depth analytics for evaluating trading strategies. It displays real-time and historical data clearly, helping traders make informed decisions.

2. Flexible Evaluation Process: E8 Markets provides a range of account types, including the E8 Account, E8 Track, and ELEV8 Account. These accounts cater to different trading styles and experience levels, with realistic profit targets and no minimum or maximum trading day requirements. This flexibility allows traders to progress at their own pace.

3. Generous Profit Sharing: Successful traders can enjoy up to an 80% profit split, with opportunities to scale account balances significantly. The firm’s scaling plan further enhances traders’ potential to grow their capital.

Sign up with E8 Markets today!

My Flash Funding (Best for New Traders)

My Flash Funding is an innovative proprietary trading firm that offers a supportive and flexible trading environment, making it a great choice for traders. Here are some key highlights:

1. Flexible Trading Rules: My Flash Funding allows traders to hold trades overnight and over weekends, engage in news trading, and use various trading strategies without restrictions on lot sizes or trading styles. This flexibility is designed to empower traders to follow their unique strategies without unnecessary constraints.

2. Evaluation Programs: The firm offers both a one-step and a two-step evaluation challenge. The two-step evaluation has realistic profit targets of 6% for each phase, with a 4% maximum daily drawdown and 8% maximum loss. The one-step evaluation requires a 10% profit target with a 4% maximum daily drawdown and a 6% maximum trailing drawdown. Both programs have no minimum trading day requirements and allow unlimited time to complete the evaluations.

3. Generous Profit Sharing: Traders can earn an attractive 80% profit split, with opportunities to scale their accounts significantly. Payouts are bi-weekly, ensuring regular access to profits for successful traders.

Get Funded Today with My Flash Funding

E8 Funding Customer Support:

E8 Funding is also available on several social media channels.

• Facebook:

E8 Funding’s Facebook page, which has 1.3k active users, is a noteworthy information and entertainment source. The page is an excellent resource for traders of all skill levels with its seven well-selected films. To better serve clients seeking educational resources or an understanding of the intricacies of the trading industry, E8 Funding has expanded its offerings to include a visual component through its YouTube channel.

• Twitter:

E8 Funding has a thriving community with 17.7k Twitter followers. This website provides real-time updates, interactive discussions, and breaking news for traders. By following E8 Funding on Twitter, traders can be informed about the most recent advancements and engage in meaningful conversations with like-minded individuals. It’s an excellent resource for anyone interested in trading.

• Instagram:

E8 Funding has 30.7k Instagram followers as of right now, indicating that the account is growing in popularity. This platform offers consumers an eye-catching trading environment together with a unique perspective on the company’s accomplishments and activities. It keeps a sense of community alive and acts as a catalyst for traders’ inventiveness.

• YouTube:

E8 Funding offers an engaging and informative YouTube channel with 20.7k subscribers. This channel, which has six videos posted, is an excellent resource for traders of all skill levels. The YouTube channel enhances E8 Funding’s products by providing informative content and aesthetically pleasing insights into the trading sector.

• Customer Support:
• Live Chat:
• Yes
• Email:
• support@e8funding.com
• Phone:
• No
• Discord:
• No
• Telegram:
• Telegram Link
• FAQ:
• E8 Account FAQ Link
• E8 Track FAQ Link
• Help Center:
• Help Center Link
• WhatsApp:
• No
• Messenger:
• No
• Supported Languages:
• English

Account Opening Process at E8 Funding:

• To register with E8 Funding, fill out the registration form with the individual’s information and sign in to the E8X Dashboard.
• Select the Account. Choose the trader’s account type, size, trade currency, and trading platform.
• Use the coupon code FOREXPROPREVIEWS to receive 10% off of all E8 Account sizes. We regret to inform you that E8 Track does not offer any accessible deals at this time.
• Look for a greeting email from E8 Funding. Traders can obtain their login details for the trading account they recently purchased by clicking on it, which will take them to the E8X Dashboard.

What Makes E8 Funding Unique?

E8 Funding offers two types of trading accounts: a three-step evaluation and a two-step evaluation. Benefits offered by the platform include drawdown scaling, cost-effective E8 Track review, limitless trading periods, and the ability to make an initial withdrawal after eight calendar days.

E8 Funding’s primary product is the E8 Account, which undergoes a two-step evaluation procedure. In essence, traders need to finish two steps to get compensated.

Phase two seeks a 5% profit, while phase one demands an 8% profit, as long as daily losses do not exceed 5% and the maximum allowable loss does not exceed 8%.

It’s crucial to keep in mind that there are no strict guidelines for the minimum or maximum number of trading days for any of the assessment phases.

The E8 Account is unique because of its scaling method, which enables traders to effectively manage bigger account sizes. The E8 Account distinguishes itself from other funding programs in the market with features including an indefinite trading duration, a drawdown scaling account feature, and the ability for traders to make their first withdrawal after just 8 calendar days.

FOR INSTANCE- Comparison between E8 Funding and Finotive Funding

Trading Objectives:

• E8 Funding:
• Phase 1 Profit Target: 8%
• Phase 2 Profit Target: 5%
• Maximum Daily Loss: 5%
• Maximum Loss: 8% (Scalable up to 14%)
• Minimum Trading Days: No Minimum Trading Days
• Maximum Trading Period:
• Phase 1: Unlimited
• Phase 2: Unlimited
• Profit Split: 80%
• Finotive Funding:
• Phase 1 Profit Target: 7.5%
• Phase 2 Profit Target: 5%
• Maximum Daily Loss: 5%
• Maximum Loss: 10%
• Minimum Trading Days: No Minimum Trading Days
• Maximum Trading Period:
• Phase 1: Unlimited
• Phase 2: Unlimited

E8 Funding Reviews: What Do Their Customers Say?

Trustpilot:

Good reviews from the Trustpilot community confirm E8 Funding’s high rating.

Trustpilot has received positive reviews and a plethora of comments from the community, mostly regarding E8 Funding’s firm services. With a sizable sample size of 1,686 reviews, the organization has earned an astounding 4.7 out of 5. Surprisingly, E8 Funding received five stars in nine out of ten evaluations.

#1. I would like to thank Technician Martin for all of his help and support during my extended absence due to my account-related problems. Customer support is proactive and responds quickly. Many thanks again to Martin.

#2. E8 is without a doubt the greatest prop company out there. Dylan and his team are outstanding at giving outstanding customer service and are always looking to improve. You’ll discover that the platform is fairly user-friendly after using it for a while. It requires some adjustment time. Occasionally, there are delays when I try to put in a market order, thus I have to close the program and reopen it. The fact that I will keep using E8 is what matters most, though.

#3. Eight days after financing, a fantastic dashboard, challenges at a reduced cost, and the ability to withdraw funds are all provided by E8Funding. Although they might react faster, their services are still appropriate. Because it could take hours or even days to hear back, they are therefore not particularly trustworthy when you need help. Moreover, there is subpar trade execution, which means that your inputs will be spaced out beyond the designated spreads. I think they’re good overall, but there’s definitely space for growth, especially in terms of execution. Apart from that, you could want to look for another prop firm that provides a better trading environment.

#4. A long-time E8 client. The platform is effective, and customer service is good. But because of uncontrollable circumstances, E8 has had to change trading systems three times in the last three weeks. Imagine virtual markets including match traders once you’ve thought about marketplaces. E8 customers are currently quite confused, and Match Trader, the company’s current provider, offers higher spreads than E8’s main competitors. Customer service has stated a schedule for the addition of further options, but one could not be provided at this time. Kindly have this in mind the next time you are selecting a prop firm.

Conclusion

In conclusion, trustworthy proprietary trading organization E8 Funding provides two financing programs: the E8 Account, which comprises a two-step evaluation with reachable profit targets of 8% and 5%, and the E8 Track, which comprises a three-step evaluation with additional profit targets. Both algorithms follow guidelines of 5% daily and 8% maximum loss, which helps them maintain a well-balanced trading approach.

There are no time restrictions throughout the evaluation process, so traders are free to be flexible. The E8 Account & E8 Track offer a scaling plan to increase the initial account balances.

E8 Funding stands out due to its unique characteristics, which include its infinite trade lengths and flexibility in altering the amount withdrawn. Any trader, anywhere in the world, is encouraged to try it out.

I recommend checking out The Trading Pit or My Flash Funding first. They are the best forex prop firms in the market right now. You can be certain of working with a licensed and safe proprietary trading company when you’re with these guys.