Independent Guide — No Marketing Fluff

E8 Markets FAQ & Complete Guide

PickMyTrade does not automate MT4, MT5 or DXTrade accounts, so E8 Markets is not currently supported. See PickMyTrade's full list of supported prop firms and brokers instead.

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E8 Markets: key facts

We could not verify E8 Markets's current rules on its own pages, so no figures are shown here.

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Quick Reference

Account Sizes $25K - $400K
Profit Split Up to 80%
Profit Target 8-10%
Platforms MT4, MT5, DXTrade

Why Automate E8 Markets?

  • Eliminate emotional trading during evaluation
  • Execute strategies with perfect consistency
  • Never miss a trade due to manual execution delays
  • Manage multiple accounts simultaneously
Full E8 Markets guide

E8 Markets Basics

What is E8 Markets?
E8 Markets is a proprietary trading firm that provides funded accounts to traders who pass an evaluation. You pay an evaluation fee, reach a profit target without breaking the drawdown rules, and move to a funded account where you keep a share of the profits. The Key facts table above lists E8 Markets's current plans and payout terms.
Is E8 Markets legit?
Always verify independently before purchasing. Check the firm's official documentation. Read the funded trader agreement carefully before paying any evaluation fee. Prop firm rules, fees, and payout policies change frequently.
Are E8 Markets accounts real money or simulated?
Retail prop firm accounts, including those at E8 Markets, typically run on simulated infrastructure that mirrors real market data. Payouts are funded from the firm's evaluation revenue rather than from live market profits. The Key facts table above shows how E8 Markets's funded accounts are structured.
Is E8 Markets regulated?
Prop firms generally operate as technology or contractor companies rather than regulated broker-dealers or FCMs, so they are typically not registered with the SEC, CFTC, FINRA, or FCA. The relationship is governed by the trader agreement, not by securities regulation. Read {name}'s agreement for its exact legal terms before paying.

Account Types

What evaluation models does E8 Markets offer?
E8 Markets offers evaluation programs in which you reach a profit target while staying inside drawdown limits. Each model differs in account size, target, and drawdown type. The Key facts table above shows which models E8 Markets offers right now.
What is the difference between the evaluation and funded account at E8 Markets?
The evaluation is the test phase where you must hit a profit target without breaching drawdown rules. The funded account is the phase you graduate into after passing, where you can request payouts based on your trading performance. Rules, drawdown types, and payout mechanics often differ between the two phases.
Does E8 Markets offer instant funding?
Some prop firms sell instant funding alongside standard evaluations: you skip the profit-target phase, usually pay more, and often get stricter drawdown or payout terms. Whether E8 Markets offers it is covered in the Key facts table above.
Can I run multiple funded accounts at E8 Markets?
Running several funded accounts at once is common, often with a per-person cap. Firms usually restrict hedging between accounts and copying trades across them in ways that look like one position split up. The Key facts table above shows the account limit for E8 Markets.

Plans & Pricing

What account sizes does E8 Markets offer?
Prop firms sell evaluations in several account sizes, from small starter accounts to large ones, and the fee rises with size. Promotional discounts can change the price a lot. See the Key facts table above for E8 Markets's sizes and fees and the date they were checked. Current range:$25K - $400K.
Does E8 Markets charge monthly fees or one-time fees?
Evaluation pricing follows one of two models: a recurring monthly subscription until you pass, or a one-time fee per attempt. The model affects total cost if you need several attempts. The Key facts table above states which one E8 Markets uses.
Does E8 Markets offer discount codes?
Prop firms often run recurring promotions around holidays and product launches, usually through promo codes or newsletters. Codes change quickly, so a code from an aggregator may already be expired. Compare E8 Markets's discounted price with the standard fee in the Key facts table above.

Profit Targets

What are the profit targets on E8 Markets evaluations?
The profit target is the amount you must earn in an evaluation to pass, set as a percentage of the starting balance (commonly 6-10%). A bigger account means a bigger dollar target. E8 Markets's targets per plan are in the Key facts table above. Typical target:8-10%.
Do profit targets exist on funded accounts at E8 Markets?
Many prop firms drop the profit target once you are funded and focus on drawdown limits and payout eligibility, such as minimum profit and number of winning days. So the goal shifts from hitting a target to staying consistent. E8 Markets's funded-phase terms are summarised above.
Does E8 Markets evaluate on closing balance or floating equity?
Profit targets are usually measured on closed (realized) P&L, not floating equity, so you must close positions for gains to count toward the target. An open winning trade alone will not pass the evaluation. Confirm E8 Markets's measurement basis in the Key facts table above.

Drawdowns: Trailing & Daily

What type of drawdown does E8 Markets use?
A drawdown limit caps how much you can lose. The main types are trailing drawdown (the floor rises with your profits), static maximum drawdown (a fixed floor from the starting balance), and a daily loss limit. See the Key facts table above for E8 Markets's type and amounts.
Does the drawdown at E8 Markets apply to unrealized (floating) P&L?
Drawdown is measured either on equity (including open positions) or on balance (closed trades only). Intraday trailing drawdowns follow unrealized P&L tick by tick, while end-of-day drawdowns update only at session close. Which basis E8 Markets uses is shown in the Key facts table above.
What happens when I breach the drawdown at E8 Markets?
Breaching the drawdown limit normally liquidates open positions and closes the account. In an evaluation you must buy a new one or pay for a reset, if the firm offers resets. The Key facts table above notes E8 Markets's breach consequences.
What is a daily loss limit (DLL) at E8 Markets?
A daily loss limit (DLL) caps your loss within one trading day. Breaching it usually suspends trading until the next session instead of closing the account, though some firms treat it as a full breach. E8 Markets's DLL amounts are in the Key facts table above.

Consistency Rule

Does E8 Markets have a consistency rule?
Many prop firms enforce a consistency rule that limits how much of your total profit can come from a single trading day — typically expressed as a maximum percentage (e.g., 30–50%). This prevents traders from qualifying via one large lucky trade. Check whether E8 Markets enforces this rule and the exact threshold.
Does violating the consistency rule fail my account at E8 Markets?
Typically, violating the consistency rule blocks a payout request rather than failing the account. You would need to trade additional smaller-profit days to bring your best-day percentage back under the threshold before requesting a payout. Confirm E8 Markets's exact policy.
Does the consistency rule reset after a payout at E8 Markets?
The consistency clock usually resets after each approved payout, so the next payout cycle starts from zero and earlier big days no longer count against you. Whether this applies to E8 Markets is stated in the Key facts table above.

Trading Days, Hours & Holidays

Does E8 Markets require a minimum number of trading days?
Many prop firms require a minimum number of qualifying trading days before a payout. A qualifying day usually means you traded and made at least a set minimum profit that day. The exact count and threshold for E8 Markets are in the Key facts table above.
Can I trade news events at E8 Markets?
Some prop firms restrict trading around high-impact news such as NFP or FOMC, for example by blocking entries for a few minutes either side. Others allow it freely. The news-trading rule for E8 Markets is listed in the Key facts table above.
Can I hold positions overnight at E8 Markets?
Overnight rules differ by firm and account type. Futures-focused firms often require all positions flat before the daily close, while others allow swing trades held overnight or over weekends. Check the Key facts table above for E8 Markets's policy.

Instruments & Markets

What instruments can I trade at E8 Markets?
Prop firms offer different markets depending on focus: forex pairs, futures, indices, commodities, or a mix. Futures firms trade CME products like ES and NQ, while forex firms use MT4/MT5 symbols. E8 Markets's tradable instruments are in the Key facts table above. Supported platforms:MT4, MT5, DXTrade.
What are the contract/lot size limits at E8 Markets?
Prop firms cap position size to manage risk, usually as a maximum number of contracts (futures) or lots (forex), scaled to account size. Exceeding it can trigger a rule breach. See the Key facts table above for E8 Markets's limits per account size.

Automation & EAs

Does E8 Markets allow automated trading / EAs?
Algorithmic trading and Expert Advisors (EAs) are allowed at many prop firms, but strategies like HFT, latency arbitrage, and tick scalping are commonly restricted. The permitted scope is set in the trader agreement. E8 Markets's automation stance is summarised in the Key facts table above.
Can I automate E8 Markets with TradingView via PickMyTrade?
No, not currently. E8 Markets runs on MT4, MT5 or DXTrade, and PickMyTrade does not connect to any of those. If E8 Markets adds a platform PickMyTrade supports (Tradovate, Rithmic, Interactive Brokers, TradeStation, TradeLocker, ProjectX, Match-Trader, Tradier, cTrader or Ironbeam), automation becomes possible then.
Does E8 Markets allow copy trading?
Copy trading rules differ. Many firms allow copying your own trades across your own accounts but ban copying from external sources or signal providers, and some ban it altogether. Confirm E8 Markets's policy in the Key facts table above before setting up any copier.
Can I use PickMyTrade's trading time controls with E8 Markets?
Not currently. PickMyTrade's trading time controls only apply to accounts PickMyTrade actually connects to, and E8 Markets is not one of them right now.

Platforms

What trading platforms does E8 Markets support?
E8 Markets supports one or more trading platforms depending on the asset class. Common platforms include Tradovate, Rithmic/NinjaTrader (futures), MetaTrader 4/5, cTrader, DXTrade, and TradeLocker (forex/CFD). Check their official site for the current list of supported platforms. Currently listed:MT4, MT5, DXTrade.
Can I use E8 Markets on Mac?
Mac compatibility depends on which platforms E8 Markets supports. Web-based platforms work on any OS. Native applications like NinjaTrader are Windows-only (Mac users typically use Parallels). Check whether E8 Markets's supported platforms offer Mac-native clients or web alternatives.
Can I trade E8 Markets on mobile?
Mobile availability depends on E8 Markets's supported platforms. Many platforms (Tradovate, MetaTrader) have iOS and Android apps. Mobile is generally suitable for monitoring and emergency exits but most traders use desktop for active trading.

PickMyTrade Webhook Setup

How do I connect TradingView to E8 Markets via PickMyTrade?
You can't, not currently. E8 Markets runs on MT4, MT5 or DXTrade, and PickMyTrade doesn't connect to any of those, so there's no setup to walk through.
How much does PMT cost on top of E8 Markets fees?
$50/month per broker connection. PickMyTrade supports unlimited accounts under the same broker login with a single subscription. If you have accounts under different broker logins, each login requires its own subscription. There is a 7-day free trial, no card required — start at pickmytrade.io.
What TradingView plan do I need for PickMyTrade?
TradingView's webhook feature requires a paid plan — Essential ($12.95/month) or higher. The free TradingView plan does not support webhooks. Once you have a paid TradingView plan, webhooks are unlimited.
Does PickMyTrade require coding?
No coding required. PickMyTrade auto-generates the alert JSON for you. You paste the generated JSON and webhook URL into TradingView — no programming knowledge needed. PickMyTrade also supports custom JSON for advanced users who want fine-grained control.
How fast does PickMyTrade execute trades on E8 Markets?
That doesn't apply currently. PickMyTrade does not execute trades on E8 Markets, since E8 Markets runs on MT4, MT5 or DXTrade and PickMyTrade doesn't connect to any of those.

Payouts

What is the profit split at E8 Markets?
The profit split is the percentage of funded-account profit you keep. Splits typically range from 70% to 100% and can rise with scaling tiers or payout count. E8 Markets's split is shown in the Key facts table above. Current split:Up to 80%.
How often can I request payouts at E8 Markets?
Payout frequency depends on the firm: some allow on-demand withdrawals once you are eligible, others pay weekly, biweekly, or monthly, usually after a minimum profit threshold. See the Key facts table above for E8 Markets's payout cadence and minimums.
How does E8 Markets pay out — bank transfer or other methods?
Prop firms pay out through bank wire, ACH, PayPal, or platforms such as Deel, Rise, or Tipalti, and availability depends on your country. Processing times range from hours to several business days. E8 Markets's supported methods are listed in the Key facts table above.
Is E8 Markets income taxable?
Yes — prop firm payouts are generally taxable income in most jurisdictions. In the US, payouts are typically self-employment income reported on Schedule C, subject to income tax and self-employment tax. Consult a licensed tax professional familiar with trading income for guidance specific to your situation.
Does E8 Markets scale funded accounts?
Scaling programs raise your funded balance after you show consistent profit, typically by hitting profit milestones within set drawdown rules. They can also change your profit split. The Key facts table above notes whether E8 Markets offers scaling.