E8 Markets has announced the launch of its new “First Bell Tournament,” giving traders a month-long competition with cash rewards and funded account prizes for top performers.
According to the company, the tournament features 10,000 available seats and runs through June 4 at 6:00 AM. Participants can join through the E8 Terminal platform and compete on a single leaderboard while following the firm’s trading rules.
The prop firm stated that traders must remain within a maximum total drawdown of 10% and a maximum daily drawdown of 5% throughout the competition period. Rankings will be determined by trading performance rather than strategy type, with the company emphasizing results-based competition.
E8 Markets Introduces First Bell Tournament With Cash Rewards
The prize structure includes a $5,000 cash reward for first place, while the second-place finisher will receive $2,000, and third place will earn $1,000. Traders finishing between fourth and tenth place will receive free $100,000 E8 One-funded accounts.
E8 Markets described the event as an opportunity for traders to test their consistency and risk management skills in a competitive setting. The company encouraged interested participants to secure a seat and begin trading before the registration period closes.
Trading tournaments have become more common across the proprietary trading sector as firms look to increase trader engagement and attract new participants through competitive events and funded account incentives. These contests often combine leaderboard rankings, trading objectives, and risk parameters similar to evaluation programs offered by prop firms.
The “First Bell Tournament” adds to E8 Markets’ activities for active traders seeking access to funded trading opportunities. The company’s messaging around the event focused on performance-driven competition, stating that leaderboard positions will depend entirely on trading outcomes during the tournament window.
The tournament remains open for registration until all seats are filled or the competition period ends in early June.
About the Firm
Here are some interesting facts about the firm:
- Excellent Trustpilot Rating of 4.4/5
- Two Unique Forex Funding Programs
- Customizable E8 One Program
- Free Trial
- Professional Trader Dashboard
- A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
- No Maximum Trading Period
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