E8 Markets & FTMO Two-step Comparison

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Welcome to our comparison between E8 Markets and FTMO, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the two-step evaluations that both offer to traders from all across the globe.

Company Details

Company DetailsE8 MarketsFTMO
Incorporation DateNovember 2021September 2015
CEODylan ElchamiOtakar Suffner
Office LocationDallas, TexasPrague, Czech Republic
Scaling Plan✅✅

E8 Markets and FTMO are two reputable and trustworthy proprietary trading firms. E8 Markets was incorporated in November 2021 while being managed by their CEO, Dylan Elchami. They have their offices located in Dallas, Texas. FTMO, on the other hand, was incorporated in September 2015 while being managed by its CEO, Otakar Suffner. Additionally, their offices are located in Prague, Czech Republic.

Funding Program Options

Funding Program OptionsE8 MarketsFTMO
One-step Evaluation✅❌
Two-step Evaluation✅✅
Three-step Evaluation✅❌

E8 Markets provides their traders with an opportunity to choose between two funding programs to acquire funding, a one-step evaluation, a two-step evaluation, and a three-step evaluation. FTMO, on the other hand, allows its traders to acquire funding after passing their two-step evaluation

Two-step Comparison

Trading ObjectivesE8 AccountEvaluation Program
Profit Target (Phase 1)8%10%
Profit Target (Phase 2)4%5%
Maximum Daily Loss4%5%
Maximum Loss8% (Scaleable up to 14%)10%
Minimum Trading DaysNo Minimum Trading Days4 Calendar Days
Maximum Trading PeriodStep 1: Unlimited
Step 2: Unlimited
Step 1: Unlimited
Step 2: Unlimited
Leverage1:501:100
Profit Split80%80% up to 90%

After covering the trading objectives of each company’s two-step evaluations, let’s take a look at the account sizes and costs of these two-step evaluations.

Account SizeE8 AccountFTMO
$5,000$59❌
$10,000$110€155
$25,000$228€250
$50,000$338€345
$100,000$588€540
$200,000❌€1,080

Brokers & Trading Platforms

Now that we have addressed the trading objectives, account sizes, and costs associated with E8 Markets and FTMO, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.

 E8 MarketsFTMO
BrokerVirtual Markets, Tier-1 Liquidity Provider with Best Simulated Real Market Trading ConditionsTier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions
Trading PlatformMetaTrader 5, Match-TraderMetaTrader 4, MetaTrader 5, cTrader, DXtrade

Trading Instruments

Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with E8 Markets and which with FTMO.

Trading InstrumentE8 MarketsFTMO
Forex Pairs✅✅
Commodities✅✅
Indices✅✅
Stocks❌✅
Cryptocurrencies✅✅

Community Feedback

The last topic we will cover is community feedback from E8 Markets and FTMO. The statistics are taken from the Trustpilot page of each of the mentioned companies.

Trustpilot StatisticsE8 MarketsFTMO
Rating4.6/54.8/5
Number of Reviews1,83513,324
5-Star Ratings90%92%

E8 Markets has an excellent rating of 4.6/5. This is out of a total of 1,835 reviews, where 90% of them are rated as 5 stars. FTMO, on the other hand, also has an excellent rating of 4.8/5. However, this is out of a total of 13,324 reviews, where 92% of them are rated as 5 stars.

Conclusion

In conclusion, E8 Markets and FTMO are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. E8 Markets has a two-step evaluation and a three-step evaluation, while FTMO has a single two-step evaluation.

This concludes our comparison between E8 Markets and FTMO. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!

E8 Markets 5% active discount code: FOREXPROPREVIEWS

Our comparison between E8 Markets and FTMO was last updated on 19.06.2024 at 09:32 (CE(S)T).