🌟 E8 Classic: E8Markets’ 2-Step Evaluation

E8 Classic is a two-stage evaluation designed for intermediate traders who already have a strategy and are able to demonstrate discipline in executing it. To prove your consistency before gaining access to a funded account, set clear profit targets, strict drawdown limits, and time flexibility.

E8 Classic is E8Markets’ traditional two-stage assessment, “Phase 1 and Phase 2,” which measures your ability to manage profits and losses while following risk rules. It is designed for experienced traders who choose to demonstrate their advantage at their own pace: there is no real-time limit, but there are rules that ensure a strict assessment.

• Profit target: 8% net profit in the simulated account.
• No minimum days: you can trade whenever you want.
• Unlimited trading days: there is no time limit restriction; however, you must open and close at least one trade every 60 days to keep your account active.
• Daily reduction: 4% maximum loss, either floating or closed.
• Maximum reduction: 8% maximum loss.
• Customizable: certain parameters can be modified when making the purchase depending on the parameters you have modified.

• Profit target: 4% net profit in the simulated account.
• No minimum days and no limits on trading days, but you must open and close at least one trade every 60 days to keep the account active.
• Daily decrease: 4% (same definition as in Phase 1).
• Maximum reduction: 8%.
• Some of the parameters can be customized when purchasing the challenge.

When you meet the criteria for both stages and accept the user agreements, you reach the E8 Trader funded account phase. Traders who meet the requirements can receive up to 100% of the profits generated on the simulated platform and request payments, in accordance with the payment and consistency rules.

Summary of payment requirements

• 40% best day profit rule: A single day cannot account for more than 40% of the total profits generated.
• The minimum net profit for payments must be greater than 50% of your daily withdrawal.
• Example: with a $100,000 account and a daily withdrawal of 4%, the minimum required to request a payment is $2,001, since half of $4,000 equals $2,000, and more than this amount is required.

• Phase 1 and Phase 2: Trading on news is permitted without restrictions.
• E8 Trader funded account: a ban is in place for high-impact events: 5 minutes before and 5 minutes after publication. During this period, it is prohibited to:
  • open or cancel trades,
  • change SL and TP,
  • send Buy Stop and Sell Stop orders.

Any profits made during this period may be canceled without this constituting an additional violation.

Consistency rule: not applicable during evaluation; the 40% rule of the best day’s earnings applies once you have a funded account.

Copy trading: permitted between personal accounts and E8 Trader if all trades are made by you.

Restriction: copying trades between multiple E8 evaluation accounts is not permitted. Each evaluation must be managed separately.

Forex: 1:50

Indices: 1:25

Metals: 1:25

Crypto: 1:2

Can I customize my account? Yes, certain parameters can be modified after completing the purchase.

Can I trade on news during the evaluation period? Yes, there are only limitations on funded accounts during high-impact events.

How is the daily drawdown calculated? It is calculated based on the initial balance for the day and includes floating or closed losses.

What happens if I exceed the maximum drawdown? It will be considered a violation and, as a general rule, the trial will be considered failed.