Review
E8Markets review: crypto challenge from $16
E8Markets runs one single-phase challenge across four products and, unusually for a forex-first house, publishes a genuine crypto perpetuals market 24/7 on the Hyperliquid feed. The pricing is the sharpest here and KYC is front-loaded before purchase, but payouts run only through Rise Works and WorkMarket, with no direct stablecoin rail.
Every figure below comes from E8Markets's own published terms, linked at the foot of this page. We have not traded this account and this is not a rating out of five.
The four numbers
- Cheapest challenge$16 for a 5,000 account$5.28 per $1,000 at the $25k size
- Profit split80% / 90% / 100% chosen at purchase$147 of profit to clear the fee
- PayoutsOn-demand; E8 One first payout from day 3 of the performance stage, then any time; E8 Pro dailyRise Works / WorkMarket / Aeropay
- Drawdown and rules6% dynamic drawdown (trails closed profit), ~4% daily drawdown (E8 One)$1,500 of room on a $25k balance
With code E8 at checkout: the 5,000 E8 Pro Perpetual falls from $32 to $16.
Every figure in this panel comes from E8Markets's own pages, linked in the sections below. Where a firm publishes nothing, this says so rather than filling the gap.
Key terms
| Challenge formats | 1-step |
|---|---|
| Price for a $25k account | $132 (E8 One, listed at $188; its E8 Pro Perpetual costs $74) |
| Profit split | 80% / 90% / 100% chosen at purchase |
| Drawdown | 6% to 8% of room, depending on the plan. Each plan's own limit is in the table below. |
| Profit target | 9% (E8 One default; configurable 6-21%) (E8 One) / 9% (E8 One default; configurable 6-21%) (E8 One Perpetual) / 8% (E8 Pro) / 8% (E8 Pro) (E8 Pro Perpetual) - all four set a pass mark. Per-plan table |
| Leverage | Classic markets: forex 1:30, indices/metals/energy 1:15, crypto 1:1. Perpetual futures: BTC 1:15, ETH 1:15, other crypto 1:2 |
| Maximum allocation | Unlimited challenge accounts; $500,000 max active performance allocation on E8 One |
| KYC | Before activation |
| Payout methods | Rise Works / WorkMarket / Aeropay |
| Payout speed | On-demand; E8 One first payout from day 3 of the performance stage, then any time; E8 Pro daily |
| Instruments | Forex, indices, metals, energies, stocks, crypto (Classic); crypto perpetual futures on the Hyperliquid feed incl. BTC, ETH, alts, 24/7 |
| Platforms | MT5, cTrader, Match Trader, TradeLocker (E8 Terminal for perpetuals) |
| Restricted countries | Afghanistan, Albania, Algeria, Belarus, Burma (Myanmar), Burundi, Central African Republic, Congo, Cuba, DR Congo, Ethiopia, Iran, Iraq, Kosovo, Lebanon, Libya, Mali, Midway Islands, Nicaragua, North Korea, Pakistan, Russia, Samoa, Somalia, South Sudan, Sudan, Syria, Ukraine, United Arab Emirates, Vatican City State, Venezuela, West Bank, Western Sahara, Yemen, Zambia |
All challenge prices
| Account size | Format | Fee |
|---|---|---|
| $5,000 | E8 One | $34list $48 |
| $10,000 | E8 One | $62list $88 |
| $25,000 | E8 One | $132list $188 |
| $50,000 | E8 One | $202list $288 |
| $100,000 | E8 One | $342list $488 |
| $200,000 | E8 One | $559list $798 |
| $400,000 | E8 One | $1,119list $1,598 |
| $500,000 | E8 One | $1,399list $1,998 |
| $5,000 | E8 One Perpetual | $24list $48 |
| $10,000 | E8 One Perpetual | $44list $88 |
| $25,000 | E8 One Perpetual | $94list $188 |
| $50,000 | E8 One Perpetual | $144list $288 |
| $100,000 | E8 One Perpetual | $244list $488 |
| $200,000 | E8 One Perpetual | $399list $798 |
| $400,000 | E8 One Perpetual | $799list $1,598 |
| $500,000 | E8 One Perpetual | $999list $1,998 |
| $5,000 | E8 Pro | $23list $32 |
| $10,000 | E8 Pro | $48list $68 |
| $25,000 | E8 Pro | $104list $148 |
| $50,000 | E8 Pro | $160list $228 |
| $100,000 | E8 Pro | $342list $488 |
| $200,000 | E8 Pro | $699list $998 |
| $400,000 | E8 Pro | $1,469list $2,098 |
| $500,000 | E8 Pro | $1,819list $2,598 |
| $5,000 | E8 Pro Perpetual | $16list $32 |
| $10,000 | E8 Pro Perpetual | $34list $68 |
| $25,000 | E8 Pro Perpetual | $74list $148 |
| $50,000 | E8 Pro Perpetual | $114list $228 |
| $100,000 | E8 Pro Perpetual | $244list $488 |
| $200,000 | E8 Pro Perpetual | $499list $998 |
| $400,000 | E8 Pro Perpetual | $1,049list $2,098 |
| $500,000 | E8 Pro Perpetual | $1,299list $2,598 |
Prices are the figures E8Markets' own configurator shows with code E8 applied, each with the list price it is cut from. The firm sells three market groups and discounts them differently: Classic Markets, which carries crypto at 1:1 alongside forex, takes 30% off; the Perpetual Futures accounts on its Hyperliquid feed take 50%; and E8 Signature, its futures product, takes 25%. The rows named Perpetual are the same products on the perpetual market, so the $5,000 E8 Pro there is the cheapest account the firm sells. It drops the cents from its own cut rather than rounding up, so 30% off a $32 list shows as $23 and not $22.40, while the 50% perpetual rows come out exact. The saving is on a first order: the firm's discount page lists E8ARC as the code that applies the same 30% and 50% cuts to every purchase. E8 One and E8 Pro carry different rules at every size, so each row is quoted against its own product page (e8markets.com/e8-one and /e8-pro): E8 Pro is an 8% static limit with a 2.5% daily stop and an 8% target, E8 One a 6% dynamic limit with a 4% daily stop and a 9% default target configurable from 6% to 21%. E8 Signature is not listed: its own page renders the target, drawdown and payout as unfilled placeholders and its fee comes from product data no page displays, so there is no figure on this ladder a reader could confirm on the firm's site. Its published rules, for the record, are a fixed 80% payout capped at five payouts per account, an end-of-day dynamic drawdown, and a daily pause rather than a hard daily breach on the funded account.
Rows above that show a list figure are the amount E8Markets charges with code E8, which it displays beside those prices; the list figure is what it charges without the code.
"List" is the firm's own advertised price for that row - a calculator figure, the regular price in its checkout, or the price a code it publishes is applied to - where the fee charged is different; the fee beside it is what its checkout takes.
Some links on this page are affiliate links: we may earn a commission at no extra cost to you. It does not change the fee you pay or the terms described above.
Every plan, its own rules
E8Markets sells four models and the rules are not interchangeable. The same menu holds a 6% limit beside an 8% one.
| Plan | Profit target | Max drawdown | Daily loss | Split | Entry fee |
|---|---|---|---|---|---|
| E8 One | 9% (E8 One default; configurable 6-21%) | 6% dynamic drawdown (trails closed profit) | ~4% daily drawdown | 80% / 90% / 100% chosen at purchase | $34 at $5,000 code E8 |
| E8 One Perpetual | 9% (E8 One default; configurable 6-21%) | 6% dynamic drawdown (trails closed profit) | ~4% daily drawdown | 80% / 90% / 100% chosen at purchase | $24 at $5,000 code E8 |
| E8 Pro | 8% | 8% static drawdown | 2.5% daily drawdown | 80% / 100% chosen at purchase | $23 at $5,000 code E8 |
| E8 Pro Perpetual | 8% | 8% static drawdown | 2.5% daily drawdown | 80% / 100% chosen at purchase | $16 at $5,000 code E8 |
Each of the four states its own daily loss limit beside the total drawdown.
Entry fee is the cheapest size each plan is sold at, the same rows the ladder above prices. Where a code cuts a fee, the code is named beside it. Every figure is the firm's own wording, read from the plan pages linked under Sources.
The rules that decide whether you pass
E8Markets runs a 1-step evaluation: hit 9% (E8 One default; configurable 6-21%) before breaching 6% dynamic drawdown (trails closed profit), ~4% daily drawdown (E8 One). Leverage is Classic markets: forex 1:30, indices/metals/energy 1:15, crypto 1:1. Perpetual futures: BTC 1:15, ETH 1:15, other crypto 1:2 and the account is traded on MT5, cTrader, Match Trader, TradeLocker (E8 Terminal for perpetuals). Forex, indices, metals, energies, stocks, crypto (Classic); crypto perpetual futures on the Hyperliquid feed incl. BTC, ETH, alts, 24/7 are available, so the instrument set is broad enough that position sizing matters more than the rules do.
Verification gates use of the service, not only withdrawal: unverified users cannot access challenge credentials after purchase or receive the performance account after passing.
“If verification is not accepted by our KYC partners for any reason, you are unfortunately ineligible to use our services.”
Source: the firm's own page, read 2026-11-08. Our classification: Before activation.
Two practical warnings for this structure. A 6% dynamic drawdown (trails closed profit), ~4% daily drawdown (E8 One) is tighter than it looks: a 3% overnight move on a large position is normal in crypto and can end the account in one candle. And the profit split of 80% / 90% / 100% chosen at purchase applies to profit you withdraw, not to the account balance, so plan the first payout before you start rather than after you pass.
Payouts and verification
How it pays
Rails: Rise Works / WorkMarket / Aeropay
Timing: On-demand; E8 One first payout from day 3 of the performance stage, then any time; E8 Pro daily
No direct crypto payouts - the firm states all payouts run through Rise/WorkMarket, so crypto reaches you only via those providers.
Before you request
Verification: Before activation - Verification gates use of the service, not only withdrawal: unverified users cannot access challenge credentials after purchase or receive the performance account after passing.
Restricted: Afghanistan, Albania, Algeria, Belarus, Burma (Myanmar), Burundi, Central African Republic, Congo, Cuba, DR Congo, Ethiopia, Iran, Iraq, Kosovo, Lebanon, Libya, Mali, Midway Islands, Nicaragua, North Korea, Pakistan, Russia, Samoa, Somalia, South Sudan, Sudan, Syria, Ukraine, United Arab Emirates, Vatican City State, Venezuela, West Bank, Western Sahara, Yemen, Zambia
Support: what this firm publishes about its own support - channels, stated hours, any response-time claim in its own words.
Confirm the settlement route and the minimum withdrawal on the firm's dashboard before you trade to the target; this firm pays through the rails listed under How it pays rather than in a token you nominate, so the route, not the split, is what turns a payout into a delay.
Strengths and trade-offs
What it does well
- Real crypto market, not a bolt-on: perpetual futures on the Hyperliquid feed, 24/7, taker fee 0.045%
- Every product is single-phase, so there is never a second evaluation stage
- Split selectable up to 100% at purchase on E8 One, and no payout caps on E8 One or E8 Pro
- KYC is settled before you buy rather than sprung at payout
What costs you
- No crypto payouts: Rise Works/WorkMarket only, which is a mismatch for a crypto-inclined audience
- Crypto leverage is 1:2 on Classic and 1:1 on altcoins outside BTC/ETH
- The discounted fee is a whole-dollar figure the firm computes itself, so a Classic row is never exactly 30% off the list price it prints
- Headline fees need code E8 at checkout and are first-order prices; list prices are 30% higher on Classic Markets and 100% higher on the Perpetual accounts
Who it suits, and who it does not
Suits: Traders who want a single-phase challenge at a low fee and intend to trade crypto perpetuals alongside forex, and who are comfortable with a Rise/WorkMarket payout account.
Does not suit: Anyone who needs to be paid in USDT on-chain, or who wants a second phase to reduce the entry fee at large sizes.
How it compares with the rest of the list
At the $25k size E8Markets sits at $132 for its E8 One account with a split of 80% / 90% / 100% chosen at purchase and a 6% dynamic drawdown (trails closed profit), ~4% daily drawdown (E8 One). The firms that undercut it charge less for the challenge but usually ask for a tighter drawdown or a one-step target, and the firms that publish wider room to trade ask more up front. If the deciding factor for you is the split rather than the fee, read the side-by-side comparison before choosing.
Sources
- E8 One price grid per size with the code E8 price beside each list price, drawdown settings, profit target, 40% consistency on performance
- E8 Pro and E8 One perpetual price grid per size: 50% off, list price beside the code price
- The firm's own discount page: 30% off Classic Markets (E8ARC), 50% off Perpetual Futures (E8ARC), 25% off E8 Signature (E8)
- E8 Pro price grid per size, list price beside the 30% code price
- One-phase rules, payout 80/90/100% at purchase, first payout after 3 days, on-demand payouts
- Leverage tables: Classic crypto 1:1; perps BTC/ETH 1:15, other crypto 1:2
- Perpetual futures market on the Hyperliquid feed, 24/7, 0.045% taker / 0.015% maker
- Product comparison table: E8 Pro pays a fixed 80% or 100% split on a static drawdown, E8 One 80/90/100% on a dynamic one, and both are single-phase
- Payout providers Rise/WorkMarket, no direct crypto payouts, processing up to 5 business days
- Veriff KYC before buying plus manual re-check after passing the challenge
- Restricted country list for Classic markets and Perpetuals
- '$79M+ in payouts processed since 2027'; crypto perpetual symbols in the terminal
- Winter ARC terms: 30% Classic Markets, 50% Perpetual Futures; Classic discount falls to 15% on 3 November
Copied from the firm's own pages. If a term has changed since, tell us at research@cryptopropfirms.com and we will re-check it against the firm's own wording.
Head to head
- E8Markets vs Crypto Fund Trader
- E8Markets vs Bitfunded
- E8Markets vs HyroTrader
- E8Markets vs Breakout Prop Firm
- E8Markets vs Upscale
- E8Markets vs Fundedbit
- E8Markets vs Kraken Prop
- E8Markets vs Propr
- E8Markets vs FXIFY
- E8Markets vs Velotrade
- E8Markets vs Funded Trader Markets
- E8Markets vs Instant Funding
- E8Markets vs FX2 Funding
- E8Markets vs For Traders
- E8Markets vs City Traders Imperium
- E8Markets vs FundedNext
- E8Markets vs DNA Funded
- E8Markets vs Blue Guardian
- E8Markets vs AquaFunded
- E8Markets vs MyFundedPerps
The rules that end accounts
Every firm here publishes a fee and a split. These are the terms that decide whether the account survives a bad week, taken from E8Markets's own rules page and quoted verbatim under the table.
| Maximum drawdown type | Depends on the plan |
|---|---|
| Daily loss limit | 4% ~4% on E8 One and E8 One Perpetual; 2.5% on E8 Pro and E8 Pro Perpetual |
| Consistency rule | Yes 40% best day, performance stage only |
| Minimum trading days | None |
| News trading | Blocked |
| Weekend holding | Allowed |
| Cap on a single payout | No cap published |
This is not traditional Trailing drawdown. The loss level of our Dynamic Drawdown will only increase when you are closing profits. On drawdown, from https://e8markets.com/e8-one
Where a firm runs several plans with different rules, the field says so rather than picking the flattering one. "Not published" means the page we read does not say.
Position and per-trade limits
| Largest position | 50 lots per symbol, 20 lots on XAUUSD; larger exposure has to be split across positions. |
|---|---|
| Risk per trade | Risking the entire daily drawdown on one trade is not permitted; the firm may cap risk at 1% per trade idea. |
| Open positions | 100 open and pending orders at a time, 2,000 positions per day. |
| Hedging | Hedging across multiple accounts is strictly prohibited. |
| Bots and EAs | EAs allowed, one strategy per user; the same EA across many users can end the account. |
| Other limits | No more than 50% of trades may be held under one minute. |
Read from https://help.e8markets.com/en/articles/6929927-trading-policies-and-prohibited-trading-strategies. Where a firm publishes nothing, this says so rather than assuming a limit.
Other firms
- Crypto Fund Trader review - Two-step, no time limit
- Bitfunded review - Coins first, 100+ of them, plus 20 TradFi pairs
Related: what a $25k challenge costs · firms that pay in USDT · KYC at signup vs payout.