E8 Funding launched in 2021 and has grown steadily by positioning itself as a trader-first prop firm with competitive pricing and modern technology. The firm operates under the E8 Markets brand and is based in the United States. E8 was one of the earlier firms to offer DXtrade as a platform alternative to MetaTrader, which appealed to traders looking for a more modern interface.
E8 offers both a standard two-phase evaluation (E8 Track) and a one-phase evaluation (ELEV8) for traders who prefer a faster path to funding. The firm's pricing is competitive, especially at the $400K account level, and the drawdown rules are among the more forgiving in the industry. E8 has also been notable for maintaining stable rules without the frequent changes that have affected some competitors.
E8 Track (Two-Phase): Phase 1 requires an 8% profit target within an unlimited timeframe. Phase 2 requires a 5% profit target, also unlimited. Daily loss limit is 5% and maximum drawdown is 8% (static). Minimum of 5 trading days per phase.
ELEV8 (One-Phase): A single-phase evaluation with a 10% profit target. Maximum daily loss is 5% and maximum drawdown is 8%. Unlimited time. Minimum 5 trading days. Higher entry fee but faster path to funding.
Both tracks have no time limit, which is a significant advantage. You can take months to complete the evaluation without additional cost. Upon passing, you receive a funded account with no profit targets. The evaluation fee is refunded with your first profit split.
E8 Track (two-phase) pricing:
- $5,000 account — ~$48
- $10,000 account — ~$88
- $25,000 account — ~$178
- $50,000 account — ~$268
- $100,000 account — ~$478
- $250,000 account — ~$988
- $400,000 account — ~$1,598
ELEV8 (one-phase) is approximately 30-40% more expensive per tier. With the E8DEAL code (15% off), the $100K E8 Track drops to around $406, making it one of the cheapest $100K evaluations available.
- Daily loss limit: 5% of initial account balance. Calculated on realized + unrealized P&L.
- Maximum drawdown: 8% static on both E8 Track and ELEV8. More generous than the typical 10% offered by competitors (lower drawdown threshold means your account can fall 8% from starting balance before breach, but the static nature means it does not trail).
- Time limit: None on either evaluation path. This is a major advantage.
- Minimum trading days: 5 days per phase.
- News trading: Allowed on all accounts. No restrictions around high-impact events.
- Weekend holding: Allowed. Positions can be held over weekends and holidays.
- EAs: Allowed. Copy trading from your own accounts is permitted.
- Consistency rule: E8 does not enforce a strict consistency rule.
- Lot sizes: Scale with account size. $100K allows up to 40 standard lots.
E8 supports MetaTrader 4, MetaTrader 5, and DXtrade. DXtrade is a web-based platform that offers a modern interface and does not require installation. Tradeable instruments include forex pairs (35+), indices (US30, NAS100, SPX500, GER40, JPN225), commodities (gold, silver, oil, natural gas), cryptocurrency CFDs (BTC, ETH, LTC, XRP), and some stock CFDs on MT5.
E8 offers an 80% profit split from the start. Through the scaling plan, this can increase to 90%. Payouts are bi-weekly, with the first payout available after 14 days of funded trading. Payment methods include bank transfer, cryptocurrency (BTC, USDT), and Rise. The evaluation fee is refunded alongside the first profit withdrawal. No minimum payout threshold.
E8's scaling plan triggers after consistent profitability. After generating a 10% return over a rolling 3-month period, your account size increases by 25% and your profit split increases from 80% to 85%. Continued performance can push the split to 90%. The scaling path allows a $400K account to grow to $500K and beyond, with the 90% profit split making it one of the more rewarding funded account experiences at scale.
Pros:
- No time limit on evaluations — take as long as you need without additional cost
- Competitive pricing, especially at higher account sizes ($400K)
- News trading and weekend holding both allowed
- DXtrade support in addition to MT4/MT5 — modern web-based alternative
- Stable rules that have not changed frequently
- Fee refunded with first payout
- Both one-phase and two-phase options available
Cons:
- 8% maximum drawdown is tighter than the 10% offered by FTMO, FundedNext, and others
- Smaller community and fewer educational resources compared to top-tier firms
- DXtrade, while modern, has less plugin support than MT4/MT5 for EA users
- Trustpilot review count (3,234) is modest compared to FTMO (41K) or FundedNext (64K)
- No cTrader support
- Relatively new firm (2021) compared to FTMO (2015) or Topstep (2012)
E8 Funding is an excellent choice for traders who want a no-pressure evaluation with no time limit. If you have a strategy that works but you prefer not to rush through a 30-day challenge, E8's unlimited timeframe removes the urgency. Swing traders benefit from the weekend holding allowance and news trading flexibility.
The firm is also strong for traders wanting a larger account ($250K-$400K) at a competitive price. The combination of affordable entry, flexible rules, and a clean platform experience makes E8 a solid mid-tier option. Traders who need the tightest spreads or largest communities may prefer FTMO, but E8 offers excellent value for the price.
★★★★☆ 4.4 / 5 — based on 3,234 reviews on Trustpilot.
E8 Funding maintains a solid Trustpilot rating. Positive reviews frequently mention the unlimited evaluation time, competitive pricing, and reliable payout processing. Common criticisms include the 8% drawdown being tighter than expected and occasional issues with DXtrade platform stability. The relatively smaller review count means the rating may fluctuate more than firms with larger sample sizes. Overall, E8 delivers a consistently positive trader experience.