E8 Markets vs Trade Day

Trade Day is $88 cheaper to get started. E8 Markets charges $150 one-time. Trade Day charges $62/mo (monthly subscription). Trade Day 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 Trade Day uses Intraday Trailing at 4% ($2,000 buffer once locked at initial). Trade Day uses intraday trailing, the strictest type — your floor moves in real time with every tick of profit. E8 Markets's EOD trailing only adjusts at market close, giving intraday profits a safer cushion.

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. Trade Day requires your best day to be no more than 30% of total profit.

E8 Markets offers up to 80% profit split(On Demand payouts), while Trade Day offers up to 80%(On Demand payouts).

Both firms have similar trading restrictions.

Both firms work well for budget traders. 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 Trade Day reaches it on day 10. Trade Day costs $88 less to get started. Trade Day projects $5,113/mo more in funded earnings.

Overall, E8 Markets scores higher (73 vs 72) on our trader-friendliness index. Key advantages: more forgiving drawdown rules, faster path to funded, more lenient consistency rules. That said, Trade Day wins on lower starting cost. See the full glossary to understand any unfamiliar terms, or explore trading styles to find the best firm for your approach.