Upon completing your evaluation, you will be transitioned to a Simulated Funded Account. After demonstrating consistent profitability, a Risk Manager will contact you to invite you to trade on a Live Funded Account.
What is the difference between an E8 Trader Account and an E8 Live Funded Account?
E8 Trader Account:
The E8 Trader stage is a virtual account that trades in simulated markets, replicating real market conditions. Becoming an E8 Trader is one step away from transitioning to an E8 Live Funded Account. The purpose of the E8 Trader account is to prepare, challenge, and educate traders on managing accounts in a simulated environment while also allowing them to receive payouts according to our payout policy.
E8 Live Funded Account:
The E8 Live Funded Account is a real account created at a brokerage with actual funds deposited. This is the ultimate goal for all E8 Traders and serves as the starting point for their career growth. Upon transitioning to an E8 Live Funded Account, you will work with our risk team to set up the account and its parameters.
Key Features of the E8 Live Funded Account
E8 Markets’ primary goal is to build a team of exceptional traders. That’s why the E8 Live Funded Account offers features designed to give traders more freedom and flexibility. Each account is customized to align with the trader’s strategy and needs.
Customizable Parameters
When you meet with our risk team, you can set trading parameters tailored to your strategy. For example, you can set a daily pause to prevent unnecessary losses, ensuring your account remains protected. Payout share will also be discussed, which will be between 50-90%.
The only conditions that will apply to payout requirements will be a minimum of 5 winning trading days and a payout cycle set to every 7 days.
Live Scaling:
E8 Live Funded traders have the opportunity to grow their accounts with our support. After demonstrating proper risk management and strategy effectiveness, we can increase your allocation to up to $1 million or more.
Dedicated Assistants:
E8 Live Funded traders receive direct access to the risk team and personalized support to meet their needs.
When Can I Move From the E8 Trader Stage to an E8 Live Funded Account?
Our team continuously monitors all E8 Trader accounts and evaluations. When you’re ready, you’ll receive an invitation to become an E8 Live Funded trader.
What Happens to Active E8 Trader Accounts When I Transition to Live?
When you are invited to go live, your current E8 Trader accounts will be placed in “Pause” mode.
How Many Live Funded Accounts Can I Have?
You can have up to three separate E8 Live Funded accounts. However, to maintain multiple accounts, you must use different trading strategies. Otherwise, the accounts will be merged into one.
What If I Want to Stay on the E8 Trader Stage?
When you’re invited to transition to an E8 Live Funded Account, it signifies a move into live markets with a real brokerage account. Since our mission is to develop proprietary traders, staying on the E8 Trader stage is not an option. The E8 Trader stage is solely designed for training, while our priority remains developing you into the trader you need to be to trade Live Funded Accounts.