This article breaks down the major differences between E8 Markets and TopTier Trader, covering profit splits, challenge fees, scaling programs, and payout policies helping you choose the best firm
Both offer $100K challenges (used in this review) for aspiring traders, but a closer examination reveals that TopTier Trader provides superior value, flexibility, and trader-friendly conditions. This detailed analysis compares these two platforms to help you make an informed decision for your trading journey.
About E8 Markets?
Founded in 2021, E8 Markets is a proprietary trading firm that provides traders with capital once they pass a two-phase evaluation challenge. The firm allows the use of Expert Advisors (EAs), overnight holding, and weekend trading, making it an attractive option for traders looking for flexibility.
E8 Markets offers funding up to $1M with an 80% profit split for successful traders.
E8 Markets Key Features:
- Account sizes: $5k, $10k, $25K, $50K, $100K, $200K, $400K, $500k
- Profit split: Up to 100%
- Payout frequency: Bi-weekly (First payout after 8 days)
- Leverage: 1:100
- Scaling potential: $1M
- Platforms: MT5, cTrader, MatchTrader, TradeLocker
About TopTier Trader?
Founded in 2022, TopTier Trader is a rapidly growing prop firm designed for serious traders who want the highest payout rates, faster access to profits, and better scaling opportunities. Unlike E8 Markets, TopTier Trader offers up to 90% profit splits, first payouts in just 3 days, and the ability to scale up to $2M.
TopTier Trader now exclusively uses TradeLocker.
TopTier Trader Key Features:
- Account sizes: $10K, $25K, $50K, $100K, $200K, $300K
- Profit split: Up to 90%
- Payout frequency: Bi-weekly (First payout after 3 days)
- Leverage: 1:200
- Scaling potential: $2M
- Platforms:Tradelocker:
Account Structure Comparison (100k Challenge)
E8's Complex Multi-Tier System
E8 offers several account types for their $100K challenge:
TopTier Trader's Streamlined Approach
TopTier Trader offers two distinct challenge types:
- One Phase Challenge: A single-phase evaluation with a 10% profit target and 6% maximum loss limit
- Two Phase Challenge: A two-phase system with flexible options
Toptier Trader’s Pro and Flex account options provide customization for different trading styles. The clear presentation of their account structure makes it significantly easier for traders to understand what they're signing up for.
Key Takeaways
- More variety in challenge types (1-Phase, Pro, and Flex) allows traders to choose based on their strategy and risk tolerance.:
- Lower-cost option available with the Flex challenge ($399) compared to E8’s cheapest option ($323 but with much lower drawdown).:
Risk Management: Max Loss & Daily Drawdown
- TopTier Trader offers higher max drawdown (10%) in Pro and Flex challenges, allowing traders more breathing room.
- Toptier offers a flexible daily loss limit (5%) compared to E8’s standard 4%, giving traders more flexibility in execution.
- E8’s Track 1:1 has an extremely low 3% max drawdown, making it highly restrictive compared to TopTier’s options.
Trading Conditions & Flexibility
Payouts & Withdrawal Structure
- TopTier Trader offers a 90/10 split option via add-ons, compared to E8’s default 80% and 100% with add on
- Both firms allow payouts every 14 days, but TopTier provides Express Payouts (14 days) as an add-on.
- E8's payout processing time takes 1-2 business days, while TopTier processes payout faster in 24hrs.
Key Advantages of TopTier Trader
1. No Minimum Trading Days Requirement
One of the most significant advantages of TopTier Trader is the absence of minimum trading days. As clearly stated in their interface: "Min. Trading Days: 0 days" across all phases.
This contrasts sharply with E8, which requires a minimum number of trading days during the evaluation period. TopTier's approach allows traders to complete challenges based on their performance rather than arbitrary time requirements.
2. Higher Leverage Options
TopTier Trader offers leverage up to 1:100, providing traders with greater capital efficiency. This compares favorably to E8's platforms, which offer varying leverage options but generally appear more restrictive.
3. Flexible Profit Targets
TopTier's Two Phase Challenge has reasonable profit targets (8% for Phase 1 and 5% for Phase 2), which are more achievable than some of E8's tiered targets. The profit targets are also clearly defined without complicated multi-tier systems.
4. Higher Daily Loss Allowance
TopTier Trader permits a 5% max daily loss, which is more generous than E8's 3-4% daily drawdown limits. This gives traders more room to manage volatile market conditions and prevents premature disqualification due to single-day movements.
5. Weekend Trading Explicitly Allowed
TopTier Trader clearly states that weekend holding/trading is enabled across all phases. While E8 also allows weekend trading, TopTier's explicit confirmation provides traders with confidence in their weekend strategies.
6. Superior Payout System
TopTier offers:
- Payout Express: Up to 14 days for funded accounts
- Profit Booster: Up to 90% profit share for funded accounts
- Convenient Payout Options: All payouts can be requested through Rise, allowing up to 15 payment options including major credit cards and digital payment methods
E8's payout system requires traders to wait 8 days for their first payout, with subsequent payouts available every 14 days.
7. No Consistency Rules
TopTier Trader proudly states "Consistency Rule: None" across all phases, allowing traders to focus on performance rather than artificial consistency metrics. E8, on the other hand, imposes consistency requirements in some of their account types.
Toptier Trader-Friendly Policies
Daily Profit Cap
TopTier implements a reasonable 2% daily profit cap, encouraging sustainable trading rather than excessive risk-taking. This helps traders develop disciplined approaches that work in the long term.
News Trading Allowed
Both platforms allow news trading, but TopTier Trader makes this clear without asterisks or complicated conditions, giving traders the freedom to capitalize on market-moving events.
Community Support
TopTier Trader boasts a community of over 100,000+ traders, providing a valuable network for learning and growth. Their "Stay in the loop" feature offers exclusive updates, industry insights, and special offers.
In conclusion, while both E8 and TopTier Trader offer viable paths to funded trading accounts, TopTier Trader emerges as the superior choice for several reasons:
- Simplicity: Clearer, more straightforward account structures
- Flexibility: Offers Pro and Flex and add ons depending on the type of trader you are.
- Trader-Friendly Conditions: Higher leverage, more generous drawdown limits
- Superior Payout Time: Faster access to earnings with more payment options
For traders seeking a funded account that prioritizes performance over arbitrary requirements, TopTier Trader's $100K challenge represents the optimal choice in today's competitive trading landscape.
Their trader-centric approach removes unnecessary barriers and allows skilled traders to demonstrate their abilities without artificial constraints.
