Welcome to our comparison between E8 Markets and The5ers, 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 Details | E8 Markets | The5ers |
---|---|---|
Incorporation Date | November 2021 | April 2020 |
CEO | Dylan Elchami | Gil Ben Hur |
Office Location | Dallas, Texas | London, UK |
Scaling Plan |
E8 Markets and The5ers 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. The5ers, on the other hand, was incorporated in April 2020 while being managed by its CEO, Gil Ben Hur. Additionally, their offices are located in London, UK.
Funding Program Options
Funding Program Options | E8 Markets | The5ers |
---|---|---|
Two-step Evaluation | ||
Three-step Evaluation | ||
Instant Funding |
E8 Markets provides their traders with an opportunity to choose between two funding programs to acquire funding, a two-step evaluation and a three-step evaluation. The5ers, on the other hand, allows its traders to choose between three funding programs to acquire funding, a two-step evaluation, a three-step evaluation, and an instant funding program.
Two-step Comparison
Trading Objectives | E8 Account | High Stakes |
---|---|---|
Profit Target (Phase 1) | 8% | 8% |
Profit Target (Phase 2) | 4% | 5% |
Maximum Daily Loss | 4% | 5% |
Maximum Loss | 8% (Scaleable up to 14%) | 10% |
Minimum Trading Days | No Minimum Trading Days | 3 Profitable Days |
Maximum Trading Period | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited |
Leverage | 1:50 | 1:100 |
Profit Split | 80% | 80% up to 100% + Monthly Salary |
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 Size | E8 Account | High Stakes |
---|---|---|
$5,000 | $59 | |
$10,000 | $110 | |
$20,000 | $165 | |
$25,000 | $228 | |
$50,000 | $338 | |
$60,000 | $300 | |
$100,000 | $588 | $495 |
$200,000 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with E8 Markets and The5ers, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
E8 Markets | The5ers | |
---|---|---|
Broker | Virtual Markets, Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions | Liquidity Provider who gives them Direct Market Access |
Trading Platform | MetaTrader 5, Match-Trader | MetaTrader 5 |
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 The5ers.
Trading Instrument | E8 Markets | The5ers |
---|---|---|
Forex Pairs | ||
Commodities | ||
Indices | ||
Cryptocurrencies |
Community Feedback
The last topic we will cover is community feedback from E8 Markets and The5ers. The statistics are taken from the Trustpilot page of each of the mentioned companies.
Trustpilot Statistics | E8 Markets | The5ers |
---|---|---|
Rating | 4.6/5 | 4.9/5 |
Number of Reviews | 1,835 | 6,041 |
5-Star Ratings | 90% | 91% |
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. The5ers, on the other hand, also has an excellent rating of 4.9/5. However, this is out of a total of 6,041 reviews, where 91% of them are rated as 5 stars.
Conclusion
In conclusion, E8 Markets and The5ers 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 The5ers has a two-step evaluation, a three-step evaluation, and an instant funding program.
This concludes our comparison between E8 Markets and The5ers. 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
The5ers 10% active discount link: https://the5ers.com/?ref=7909
Our comparison between E8 Markets and The5ers was last updated on 19.06.2024 at 10:28 (CE(S)T).