Ready for the ultimate prop firm clash? It's E8 Markets vs Funding Pips in a battle for trader supremacy! 🔥

Which platform truly delivers the keys to a funded account and consistent wins? 

E8 Markets touts custom evaluations, rapid payouts within 8 days, and impressive account scaling

Funding Pips counters with structured evaluation stages, clear profit targets, zero reward denials, and flexible reward cycles.

Does E8's adaptability conquer Funding Pip's dependable framework? Is it E8's tech edge or Funding Pips' trader-built reliability that unlocks profit potential? 

Forget the hype; discover which firm offers the path to dominating the markets. 

The verdict awaits.

FeatureE8 MarketsFunding Pips
Broker TypeVirtual MarketsLiquidity Provider
PlatformsTradeLocker, cTrader, Match Trader, Platform 5cTrader, MT5, Match Trader
Payment MethodsCrypto, Credit/Debit Card, Apple Pay, Nuvei, Google PaySkrill, Paysafe Card, Neteller, Crypto, Credit/Debit Card, Astropay, PayPal, Google Pay
Payout MethodsRiseworks, PlaneRiseworks, Crypto
IncorporationNovember 2021August 2022
CEODylan ElchamiKhaled Ayesh
Office LocationDallas, TexasDubai, United Arab Emirates
Scaling Plan

Tradable Instruments Comparison | E8 Markets vs Funding Pips

Both E8 Markets vs Funding Pips offer trading in Contracts for Difference (CFDs) across a similar range of asset classes, allowing traders access to diverse markets.

Trading InstrumentE8 MarketsFunding Pips
Forex (FX)
Metals
Indices
Energy
Crypto

Funding Program Options | E8 Markets vs Funding Pips

E8 Markets vs Funding Pips Funding Program

When choosing a prop firm, the structure and rules of their funding programs are critical. E8 Markets vs Funding Pips present distinct approaches to evaluating and funding traders.

E8 Markets emphasizes flexibility, offering traders the choice between predefined programs or the ability to create a custom evaluation plan designed to their specific trading style. 

After signing up, traders must demonstrate profitable strategy execution and risk management according to account objectives. Successful evaluation grants access to an E8 Traders account, with the first payout request possible after just 8 days and subsequent payouts every 14 days. 

E8 also offers aDirect Path to Liveprogram for experienced traders seeking to expedite the process.

Funding Pips uses a more structured, multi-stage evaluation process designed to suit different experience levels. Their program includes distinct phases like ‘Student' and ‘Practitioner', each with specific minimum trading days, profit targets, and loss limits, before reaching the ‘Master' (funded) stage. They emphasize their commitment to traders with features like zero reward denials and flexible reward cycles (weekly, bi-weekly, or monthly).

FeatureE8 MarketsFunding Pips
Evaluation TypeCustom Evaluation or Predefined ProgramsStructured Stages (Student, Practitioner, Master)
Profit SplitUp to 100%Up to 100%
Payout ScheduleFirst payout after 8 days, then bi-weeklyFlexible: Weekly, Bi-weekly, or Monthly
Key RulesAdherence to account objectivesSpecific min. trading days (3), loss limits (5% daily/10% max), profit targets (8%/5%) during the evaluation
Scaling PlanYesYes, up to $300k simulated capital
Unique FeatureCustom Evaluations, Direct Path to LiveZero Reward Denials

Operational Rules and Payout Structures | E8 Markets vs Funding Pips

Beyond the headline features, the specific rules governing trading activity and how profits are accessed significantly shape the prop trading experience.

Here's a detailed look at the operational guidelines and payout systems for both E8 Markets and Funding Pips.

E8 Markets | Operational Rules and Restrictions

E8 Markets sets specific boundaries concerning trade execution, risk practices, and account management:

  • Position Sizing: E8 imposes limits per individual order: 50 lots for Forex and commodities, and a higher 100 lots for indices. While larger total positions are possible, they must be broken into multiple orders. There's also a cap of 100 open orders at once.
  • System Limits: Activity is monitored; traders are limited to 2000 server actions daily, which includes placing new orders or modifying existing ones (like adjusting stop-loss or take-profit). The total number of positions opened per day is also capped at 2000.
  • Risk Conduct: Aggressive “all-or-nothing” trades risking the maximum daily loss on a single position are forbidden. Hedging across different E8 accounts, even if they belong to the same person, is strictly prohibited.
  • Trade Duration: To prevent high-frequency trading (HFT) exploitation, E8 requires that more than 50% of a trader's executed trades must be held open for at least one minute.
  • Evaluation Integrity: Each evaluation challenge must be unique; mirroring trades or strategies across multiple evaluation accounts simultaneously, manually or via EAs, is not allowed.
  • Copy Trading: During the evaluation phase, copying is banned. However, once a trader is funded (on an E8 Trader account), copying trades is permitted between their own E8 accounts (funded or evaluation), provided ownership can be verified.
  • Expert Advisors (EAs): EAs are allowed but with a crucial stipulation: the strategy must be unique to the user. Employing the same commercial EA strategy as numerous other traders could lead to account termination. Using self-programmed EAs is encouraged.
  • News Trading: Trading during news events is permitted during the evaluation phases. However, on funded accounts, opening or closing trades within a 5-minute window (before and after) of high-impact news releases is restricted.
  • Activity Requirement: Accounts must show trading activity. An account left dormant for 90 consecutive days will be disabled.
  • Minimum Trading Days: Most E8 evaluation programs require only 1 minimum trading day to potentially qualify for funding.

Funding Pips | Operational Rules and Restrictions

Funding Pips establishes its own set of guidelines, focusing heavily on risk parameters, especially in funded stages:

  • Copy Trading: Unlike E8, Funding Pips strictly prohibits copy trading across all its programs.
  • Expert Advisors (EAs): The use of EAs is significantly restricted. Only EAs designed specifically for risk management or trade management functions are permissible. Using third-party EAs for automated trading strategies is forbidden and can result in evaluation denial or account closure.
  • News Trading: Similar to E8, news trading is allowed during evaluation (on 1-Step, 2-Step, and Pro programs). On funded (Master) accounts, traders cannot open or hold positions within the 5 minutes before and 5 minutes after a high-impact news event. 

However, Funding Pips offers an exception: trades initiated at least 5 hours before the news event are permitted to be held or closed within the restricted window, and profits will count.

In essence: E8 Markets offers more flexibility regarding EAs and copy trading (once funded) but enforces rules like minimum trade duration and independent evaluations. 

Funding Pips is stricter on automation (no copy trading, limited EAs) and imposes more layered lot size and risk constraints on funded accounts, alongside a shorter inactivity period.

Consistency and Payout Policy Comparison: E8 Markets vs Funding Pips

Understanding the rules around consistent trading and how payouts are structured is essential when comparing E8 Markets and Funding Pips.

FeatureE8 MarketsFunding Pips
Primary Consistency Rule40% Best Day Rule: Applies to payouts for many programs (e.g., Classic, Track, One, Model 1); profits from the best single day cannot exceed 40% of total profits.15% Consistency Rule: Only applies to Funding Pips Zero Accounts for payouts; the best trading day must be under 15% of the total profit. Other programs generally lack this rule.
Additional Payout ConditionsNet profit for payout must be greater than 50% of the applicable daily drawdown limit. Minimum profitable days may be required between payouts.For Zero Accounts: Must meet the 15% consistency, maintain a 3% safety buffer, and ensure the biggest single loss doesn't exceed the biggest single win.
Base Profit SplitTypically 80% for programs like E8 Classic, Track, and One. Can increase with scaling or specific programs.Varies by program: 80% (1-Step), 60% to 100% (2-Step, depending on payout cycle), 95% (Zero Accounts).
Payout FrequencyFirst payout request possible after 8 days. Subsequent payouts often bi-weekly or available on-demand/weekly for certain programs.Offers various cycles: Weekly (1-Step, some 2-Step), Bi-weekly (Zero, some 2-Step), Monthly (some 2-Step).

Synopsising the E8 Markets vs Funding Pips Comparison

E8 Markets vs Funding Pips

So, which of these prop-trading titans reigns supreme? 

The choice hinges entirely on your trading identity and priorities.

E8 Markets champions flexibility and speed. Their custom evaluation options, allowance for unique EAs, and post-evaluation copy trading offer a potential algorithmic edge and suit traders seeking fewer initial constraints.

With profit targets as low as 3% on some models and rapid 8-day first payouts possible, E8 empowers those who value adaptable parameters and fast access to funded accounts. Their slightly higher inactivity tolerance (90 days) and simpler minimum trading day requirement (often just 1 day) add to this appeal. Funding Pips provides structured consistency and trader-focused reliability.

Their clear, multi-stage evaluation, straightforward weekly payout option, and “zero reward denials” policy resonate with manual traders, including scalpers who benefit from their specific allowances. While stricter on EAs and banning copy trading entirely, their defined risk rules (like lot exposure limits on funded accounts) offer a predictable path. The 30-day inactivity limit demands consistent engagement.

Answering Common Queries Now

What's the main Profit Split difference between E8 and Funding Pips?

E8 Markets generally offers an 80% split, potentially scaling up. Funding Pips provides splits from 80% up to 100%, varying by program and chosen payout frequency.

How do E8 Markets and Funding Pips Evaluations Fundamentally Differ?

E8 Markets provides customizable or standard evaluations, often with fewer required days. Funding Pips uses a structured multi-stage approach (e.g., Student, Practitioner) with fixed targets.

Are Trading Bots (EAs) allowed on E8 Markets and Funding Pips?

E8 Markets permits unique EAs but has server limits and forbids identical strategies. Funding Pips heavily restricts EAs, disallowing third-party strategy bots and primarily allowing risk tools.

Can Traders Copy Trades Between Accounts with E8 or Funding Pips?

E8 allows copy trading between a trader's own accounts after passing evaluation. Funding Pips explicitly prohibits copy trading across all its programs and accounts.

How quickly can Traders request their First Payout from these Firms?

E8 Markets enables the first payout request just 8 calendar days after the first trade. Funding Pips offers flexible reward cycles including weekly, potentially allowing quick access too.

The Final Call

E8 Markets and Funding Pips
  • For traders prioritizing customization, unique algorithmic strategies, and faster evaluation paths, E8 Markets offers compelling trader empowerment.
  • For those seeking clear rules, reliable weekly payouts, and a structured path suitable for manual trading or scalping, Funding Pips presents a solid foundation for hitting profit targets.

Ultimately, both firms provide viable routes to significant simulated capital. The superior catalyst depends on whether you thrive with E8's adaptable approach or Funding Pips' defined structure. Choose wisely.

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