Want to become a funded trader? E8 Markets offers a variety of evaluation programs to help you get there. Our programs are designed to test your trading skills and prepare you for live funded trading. This guide will walk you through the evaluation process and show you how to reach your goal of becoming a funded trader with E8 Markets.
Steps and Stages in of E8 Evaluation
While the exact number of phases varies depending on the program you choose, the core principles remain consistent. Here's a general outline:
Phase 1 (and subsequent phases, depending on the evaluation program):
Objective: This initial stage focuses on assessing your ability to trade profitably while adhering to risk management rules. You'll be provided with a virtual account and rules to adhere to.
Duration: There's no fixed timeframe for completing a phase.
E8 Trader Stage (Simulated Funded):
Objective: This is the ultimate goal—trading a simulated account in the E8 Trader Stage and earning payout shares based on your performance.
Duration: Indefinite, as long as you adhere to the rules and maintain consistent profitability.
E8 Live Funded Account:
Objective: This is where you trade live with real capital, putting your skills to work. The goal is to focus on responsible trading, consistent growth, and profits.
Duration: Indefinite, as long as you adhere to the rules and maintain consistent profitability.
What to Expect at Each Stage
Phase 1 (and subsequent phases):
Successful completion means progressing to the next phase (depending on the evaluation program) or advancing to the E8 Trader stage or Live Funded Account.
E8 Trader Stage (Simulated Funded):
This is where your trading journey truly takes off. You'll be trading on a simulated account, putting your skills to the test, and earning payout shares
E8 Live Funded Account:
The final stage of futures evaluations! Here you can trade live markets and earn real payouts based on your profits.
The E8 Markets evaluation process is designed to be both challenging and rewarding. By the time you reach the E8 Trader stage or Live Funded Account, you'll be well-equipped with the skills, discipline, and knowledge needed to navigate the complexities of the forex and the futures markets. Each stage is a stepping stone on your path to becoming a successful trader.