E8 Markets & The Funded Trader Three-step Comparison

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

Company Details

Company DetailsE8 MarketsThe Funded Trader
Incorporation DateNovember 2021May 2021
CEODylan ElchamiAngelo Ciaramello
Office LocationDallas, TexasLiberty Hill, Texas
Scaling Plan✅✅

E8 Markets and The Funded Trader 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. The Funded Trader, on the other hand, was incorporated in May 2021 while being managed by its CEO, Angelo Ciaramello. Additionally, their offices are located in Liberty Hill, Texas.

Funding Program Options

Funding Program OptionsE8 MarketsThe Funded Trader
One-step Evaluation✅✅
Two-step Evaluation✅✅
Three-step Evaluation✅✅

E8 Markets provides their traders with an opportunity to choose between five funding programs to acquire funding, two one-step evaluations, a two-step evaluation, and two three-step evaluations. The Funded Trader, on the other hand, allows its traders to choose between six funding programs to acquire funding, three two-step evaluations, two one-step evaluations, and a three-step evaluation.

Three-step Comparison

Trading Rules/ObjectivesE8 TrackE8 Track 1:1Dragon Challenge
Profit Target (Phase 1)8%4%8%
Profit Target (Phase 2)4%4%5%
Profit Target (Phase 3)4%4%5%
Maximum Daily Loss4%4%5%
Maximum Loss8% (Scaleable up to 14%)4% (Scaleable up to 14%)10%%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodStep 1: Unlimited
Step 2: Unlimited
Step 3: Unlimited
Step 1: Unlimited
Step 2: Unlimited
Step 3: Unlimited
Step 1: Unlimited
Step 2: Unlimited
Step 3: Unlimited
Leverage1:501:501:100
Profit Split80%80%75% up to 95%

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

Account SizeE8 TrackE8 Track 1:1Dragon Challenge
$5,000❌❌$49
$10,000$59$57$99
$25,000$138$132$135
$50,000$208$198$205
$100,000$358$341$355
$200,000$598$569❌
$400,000$1,188$1,129❌

Brokers & Trading Platforms

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

 E8 MarketsThe Funded Trader
BrokerVirtual Markets, Tier-1 Liquidity Provider with Best Simulated Real Market Trading ConditionsVoyage Markets, Thaurus LTD
Trading PlatformcTrader, MetaTrader 5, Match-TraderMetaTrader 5, cTrader, DXtrade, Match-Trader

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 The Funded Trader.

Trading InstrumentE8 MarketsThe Funded Trader
Forex Pairs✅✅
Commodities✅✅
Indices✅✅
Cryptocurrencies✅✅

Community Feedback

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

Trustpilot StatisticsE8 MarketsThe Funded Trader
Rating4.4/53.2/5
Number of Reviews2,54320,606
5-Start Ratings86%68%

E8 Markets has an excellent rating of 4.4/5. This is out of a total of 2,543 reviews, where 86% of them are rated as 5 stars. The Funded Trader, on the other hand, has an average rating of 3.2/5. However, this is out of a total of 20,606 reviews, where 68% of them are rated as 5 stars.

Conclusion

In conclusion, E8 Markets and The Funded Trader 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 two one-step evaluations, two-step evaluation, and two three-step evaluations, while The Funded Trader has three two-step evaluations, two one-step evaluations, and a three-step evaluation.

This concludes our comparison between E8 Markets and The Funded Trader. 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% discount code: FOREXPROPREVIEWS

The Funded Trader 10% discount code: FOREXPROPREVIEWS

Our comparison between E8 Markets and The Funded Trader was last updated on 14.01.2025 at 10:09 (CE(S)T).

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