E8 Markets vs Take Profit Trader

E8 Markets is $82 cheaper to get started. E8 Markets charges $150 one-time. Take Profit Trader charges $102/mo (monthly subscription) plus a $130 activation fee. Take Profit Trader currently has an active promotion which may further reduce cost.

E8 Markets uses EOD Trailing drawdown at 4% ($2,000 buffer once locked at initial), while Take Profit Trader uses EOD Trailing at 4% ($2,000 buffer once locked at initial). Take Profit Trader also has a $1,100 daily loss limit, while E8 Markets does not.

E8 Markets gets you funded faster, with an estimated ~1 days to first payout (1d eval). E8 Markets has no consistency rule, meaning you could pass the evaluation in a single profitable day. Take Profit Trader requires your best day to be no more than 50% of total profit.

E8 Markets offers up to 80% profit split(On Demand payouts), while Take Profit Trader offers up to 80%(Daily payouts).

Both firms have similar trading restrictions.

E8 Markets is a stronger fit for budget traders (starting at $110). Explore all trading styles to see which firms match your approach.

Based on $500/day profit, 20 trading days/month, 55% win rate

At $500/day profit, E8 Markets reaches break-even on day 12 while Take Profit Trader reaches it on day 12. E8 Markets costs $82 less to get started. Take Profit Trader projects $5,113/mo more in funded earnings.

Overall, E8 Markets scores higher (73 vs 67) on our trader-friendliness index. Key advantages: lower starting cost, more forgiving drawdown rules, faster path to funded. That said, Take Profit Trader wins on more lenient consistency rules. See the full glossary to understand any unfamiliar terms, or explore trading styles to find the best firm for your approach.