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 three-step evaluations that both offer to traders from all across the globe.

Company Details

 

Company DetailsE8 MarketsThe5ers
Incorporation DateNovember 2021April 2020
CEODylan ElchamiGil Ben Hur
Office LocationDallas, TexasLondon, 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 OptionsE8 MarketsThe5ers
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.

 

Three-step Comparison

 

Trading Rules/ObjectivesE8 Track (Customizable)Bootcamp Challenge
Profit Target (Phase 1)6%, 7%, 8%, 9%, 10%, 11%, 12%, 13%, or 14%6%
Profit Target (Phase 2)3%, 3.5%, 4%, 4.5%, 5%, 5.5%, 6%, 6.5%, or 7%6%
Profit Target (Phase 3)3%, 3.5%, 4%, 4.5%, 5%, 5.5%, 6%, 6.5%, or 7%6%
Maximum Daily Loss3%, 3.5%, 4%, 4.5%, 5%, 5.5%, 6%, 6.5%, or 7%No Daily Drawdown
Maximum Loss6%, 7%, 8%, 9%, 10%, 11%, 12%, 13%, or 14% (Scaleable up to 14%)5%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodStep 1: Unlimited
Step 2: Unlimited
Step 3: Unlimited
Step 1: Unlimited
Step 2: Unlimited
Step 3: Unlimited
Leverage1:501:10
Profit Split40%, 45%, 50%, 55%, 60%, 65%, 70%, 75%, 80%, 85%, 90%, or 95%50% up to 100%

 

After covering the trading objectives of each company’s three-step evaluations, let’s take a look at the account sizes and costs of these three-step evaluations.

 

Account SizeE8 Track (Customizable)The5ers
$10,000$37 up to $112❌
$25,000$85 up to $261❌
$50,000$128 up to $393❌
$100,000$220 up to $676$95 (+ $205 After Passing)
$200,000366$ up to $1,130❌
$250,000❌$225 (+ $350 After Passing)

 

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 MarketsThe5ers
BrokerVirtual Markets, Tier-1 Liquidity Provider with Best Simulated Real Market Trading ConditionsLiquidity Provider who gives them Direct Market Access
Trading PlatformMetaTrader 5, Match-TraderMetaTrader 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 InstrumentE8 MarketsThe5ers
Forex Pairs✅✅
Commodities✅✅
Indices✅✅
Stocks✅❌
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 StatisticsE8 MarketsThe5ers
Rating4.8/54.8/5
Number of Reviews1,6642,987
5-Star Ratings92%89%

 

E8 Markets has an excellent rating of 4.8/5. This is out of a total of 1,664 reviews, where 92% of them are rated as 5 stars. The5ers, on the other hand, also has an excellent rating of 4.8/5. However, this is out of a total of 2,987 reviews, where 89% 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 10% 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 15.04.2024 at 12:09 (CE(S)T).