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E8 Markets: Reviews And Analysis

E8 Markets offers global traders a wealth of trading opportunities through its flexible account options, high profit-sharing ratios, and diverse trading platforms.

E8 Markets: Reviews And Analysis

E8 Markets is a proprietary trading firm based in Dallas, Texas, USA, established in 2021. As a futures trading company, E8 Markets offers a variety of trading instruments, including Forex, indices, metals, commodities, and cryptocurrencies. The maximum account balance can reach $400,000, and the profit-sharing model is set at 80%.

Key Features

  • Trading Instruments: Supports various trading instruments, including Forex, indices, precious metals, commodities, stocks, and cryptocurrencies.
  • Maximum Account Balance: Up to $400,000.
  • Profit Sharing: Traders can receive up to 80% of the profits.
  • Fees: Starting from $48, which is competitive in the market.
  • Trading Platforms: Supports multiple mainstream trading platforms such as MetaTrader 5 and MatchTrader, including mobile versions for iOS and Android.

Pros and Cons Pros

Pros

  • Flexible Challenges: No minimum or maximum trading days limit.
  • Quick Payouts: Payments can be made within as fast as 8 days.
  • Profit Reinvestment: The payout amount is not deducted from the account but used to gradually expand the account size.
  • Customized Evaluation: Allows personalized evaluation challenge settings.

Cons

  • Leverage Limit: Maximum leverage is 1:50.
  • Lower Profit Sharing: Profit sharing rate is only 80%, which is lower compared to other companies.

Trading Rules and Evaluation

E8 Markets offers various challenge account options to assess traders' abilities and risk management:

  1. E8 One Account: One-step challenge, no time limit, requires achieving a daily maximum drawdown of 4%, an initial capital maximum drawdown of 6%, and a profit target of 10%. The target can be met by trading for just one day.
  2. E8 Pro Account: One-step challenge, no time limit, allows a maximum daily drawdown of 2%, an initial capital maximum drawdown of 8%, and a profit target of 8%. The target can be met by trading for just one day.
  3. E8 Account: Two-stage challenge with different profit targets and drawdown limits for each stage. The first stage requires achieving a daily maximum drawdown of 4%, an initial capital maximum drawdown of 8%, and a profit target of 8%. The target can be met by trading for just one day with no time limit. The second stage reduces the profit target to 4%, with other conditions remaining the same.
  4. E8 Track Account: Three-stage challenge with no time limit. The first stage requires achieving a daily maximum drawdown of 4%, an initial capital maximum drawdown of 8%, and a profit target of 8%. The second and third stages maintain an 8% profit target, but the trading period is extended with no time limit.

EA Usage Regulations

Traders are free to use any EA designed for risk management or trade management.

  • For custom EAs, traders need to explain the strategy, share the source code, and wait for E8 Markets' approval.
  • Third-party EAs are not allowed.

Free Trial

Traders who wish to test the platform can apply for a free trial with E8 Markets.

  • Access the dashboard and use simulated funds for a $100,000 trading test.
  • Note that trial accounts are not eligible for profit payouts. To receive payouts, traders need to purchase the corresponding challenge product.

Currently, E8 Markets no longer offers free repeat trials.

Trading Platforms

E8 Markets provides access to the most popular trading platforms used by Forex brokers. Traders can use:

  • MetaTrader 5
  • MatchTrader

Trading Hours

E8 Markets does not require trades to be closed at specific times. Positions can be held overnight and over the weekend. However, traders should be cautious of potential price gaps and avoid rule violations. Since the cryptocurrency market is open 24/7, weekend trading is also allowed for cryptocurrencies.

In summary, E8 Markets offers flexible account options, high profit sharing, and diverse trading platforms, providing ample trading opportunities for traders worldwide. Both beginners and professional traders can find suitable account types at E8 Markets and achieve stable trading performance through its professional evaluation challenges.

Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

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