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E8 Markets

2.9 A
United States CFD
VS

Phoenix Trader Funding

3.3 B+
France Futures

Verdict: Who Wins?

E8 Markets 3 wins
3 4
Phoenix Trader Funding 4 wins
Overall Rating 3.3 vs 2.9
TrustPilot 4.6 vs 4.4
Starting Price $39 vs $46
Profit Split Up to 100% vs 80% (can scale higher)
Safety Grade A vs B+
Challenge Variety 26 vs 6 options
Platform Choice 11 vs 3 platforms

Best For:

Budget-conscious traders Phoenix Trader Funding
Maximum profit potential E8 Markets
Trust & reputation Phoenix Trader Funding

Visual Comparison

E8 Markets Phoenix Trader Funding

Head-to-Head Comparison

E8 Markets Metric Phoenix Trader Funding
2.9/10 PFM Score 3.3/10
4.4/5 (3,228) TrustPilot 4.6/5 (244)
A Safety Grade B+
Up to 100% Profit Split 80% (can scale higher)
EOD (Signature) / Dynamic (E8 One) Daily Drawdown None (Classic/Spark), 25% Dynamic (Merit)
Bi-weekly (14 Days) Payout Frequency Bi-weekly
$45.60 Starting Price $39
Proprietary Technology Proprietary
cTrader, Match Trader, TradeLocker Platforms R | Trader Pro, Quantower, Atas, MotiveWave, Bookmap, Investor/RT, Jigsaw, MultiCharts, Sierra Chart, Trade Navigator, Phoenix Instant Logger
Yes Direct Path to Funded Yes
United States Country France
Nov 2021 Established Aug 2023
26 options Challenge Options 6 options

Price Comparison by Account Size

Cheapest challenge price at each account size (where both firms offer the same size)

Account Size E8 Markets Phoenix Trader Funding Savings
$25K $110 $39 Save $71
$50K $166 $69 Save $97
$100K $286 $269 Save $17

E8 Markets vs Phoenix Trader Funding: Detailed Analysis

E8 Markets and Phoenix Trader Funding are both CFD firms. E8 Markets has been in business longer, established in 2021, while Phoenix Trader Funding was founded in 2023.

In terms of pricing, Phoenix Trader Funding is more affordable with challenges starting at $39, which is $7 less than E8 Markets's starting price of $46. E8 Markets offers 26 challenge options, while Phoenix Trader Funding offers 6.

E8 Markets offers Up to 100% profit split, while Phoenix Trader Funding offers 80% (can scale higher). E8 Markets pays out Bi-weekly (14 Days), and Phoenix Trader Funding pays out Bi-weekly.

For trust and reputation, E8 Markets has a 4.4/5 TrustPilot rating with 3,228 reviews, while Phoenix Trader Funding has 4.6/5 with 244 reviews. Safety grades: E8 Markets A, Phoenix Trader Funding B+.

This is a close matchup with E8 Markets winning 3 and Phoenix Trader Funding winning 4 of the categories we compared. The right choice depends on what matters most to you as a trader.

Pros & Cons

E8 Markets
Pros
Configurable profit split (80-100%), Multiple platforms (Match Trader, cTrader, TradeLocker)
Cons
Limited EA Use, 35% consistency rule on performance accounts
Phoenix Trader Funding
Pros
3 categories (Classic/Spark/Merit), no daily drawdown on Classic/Spark, no activation fee on Spark/Merit, 1 min trading day on Spark/Merit, Phoenix Ecosystem tools included
Cons
50% consistency rule on Classic eval, $149 activation on Classic, monthly billing

Active Deals & Promo Codes

E8 Markets
5% Off for all the challenges
Phoenix Trader Funding
30% off every challenge but Merit Accounts

Frequently Asked Questions

Which is better, E8 Markets or Phoenix Trader Funding?

Both firms are competitive. E8 Markets wins in 3 categories while Phoenix Trader Funding wins in 4. The best choice depends on what you prioritize: pricing, profit split, trust ratings, or payout speed.

Which is cheaper, E8 Markets or Phoenix Trader Funding?

Phoenix Trader Funding has the lower starting price at $39. E8 Markets offers 26 challenge options starting from $46, while Phoenix Trader Funding offers 6 options starting from $39.

Which has better reviews, E8 Markets or Phoenix Trader Funding?

Phoenix Trader Funding has a higher TrustPilot rating of 4.6/5. E8 Markets has 3,228 reviews while Phoenix Trader Funding has 244.

Which offers a higher profit split, E8 Markets or Phoenix Trader Funding?

E8 Markets offers a higher maximum profit split. E8 Markets offers Up to 100% while Phoenix Trader Funding offers 80% (can scale higher).

How fast do E8 Markets and Phoenix Trader Funding pay out?

E8 Markets has Bi-weekly (14 Days) payouts while Phoenix Trader Funding offers Bi-weekly payouts. Payout speed can be an important factor when choosing a prop firm.