E8 Markets vs BrightFunded: Which Prop Firm Is Better?
Traders choosing between E8 Markets and BrightFunded face a clear trade-off between evaluation difficulty and structural requirements. E8 Markets offers a significantly cheaper entry point at $260 versus BrightFunded's $558 for a $100K challenge, while also requiring only a 6% profit target compared to BrightFunded's 8% Phase 1 target. The comparison becomes more nuanced when examining daily loss limits, minimum trading requirements, and payout structures that could impact your trading style and profitability.
EM
E8 Markets
Est. 2021 · N/A
4.5
3,200 reviews
VS
6 wins
3 ties
2 wins
B
BrightFunded
Est. 2023 · Dubai, United Arab Emirates
4.4
1,500 reviews
Feature
E8 Markets
BrightFunded
Challenge Price ($100K)
$260✓ Lower entry cost
$558
Phase 1 Profit Target
6%✓ Easier to pass
8%
Phase 2 Profit Target
None (single-phase)✓ Single-phase evaluation
5%
Max Daily Loss
No limit✓ No daily loss limit
5%
Max Total Loss
N/A
10%
Min Trading Days
None✓ No minimum
5 days
Time Limit (Phase 1)
No limit
No limit
Payout Split
80%
N/A
E8 Markets
Pros
+Over $69 million paid out to traders since 2021
+Simulated trading environment with no margin calls or deposits required
+Fast payout qualification possible in as little as 3 days
+Multiple markets available: Forex, Futures, and Crypto
+Money back guarantee if unsatisfied before starting trading
Cons
−Payouts are discretionary and not guaranteed
−Limited account size options compared to other firms
−SaaS simulation model rather than live capital trading
−Requires E8's acceptance and licensing of performance data for payouts
BrightFunded
Pros
+15% evaluation profit reward on all evaluation phase profits
+Lightning-fast payouts guaranteed within 24 hours
+Scale to unlimited account size with up to 100% profit split
Cons
−Relatively new firm established in 2023 with limited track record
−Higher challenge fees for larger account sizes compared to some competitors
−Limited platform options compared to some established firms
Our Verdict
Which Should You Choose?
E8 Markets is the clear winner for cost-conscious traders and those who prefer flexibility in their trading approach. With a $260 entry cost versus BrightFunded's $558, plus no daily loss limits and no minimum trading days, E8 Markets suits scalpers, news traders, and anyone who trades irregularly or aggressively. The single-phase 6% profit target also makes it significantly easier to pass than BrightFunded's two-phase system requiring 8% then 5%.
BrightFunded only makes sense for traders who specifically need their particular platform offerings or payout frequency, but these advantages don't justify paying 115% more for entry with stricter rules. The 5% daily loss limit and mandatory 5-day minimum trading requirement eliminate many profitable trading strategies that work fine under E8 Markets' more permissive structure.
For most traders, E8 Markets offers better value and higher probability of success. The lower cost means you can afford multiple attempts, while the easier profit targets and flexible rules accommodate a wider range of trading styles.
Choose E8 Markets if:
→Over $69 million paid out to traders since 2021
→Simulated trading environment with no margin calls or deposits required
→Fast payout qualification possible in as little as 3 days
→Multiple markets available: Forex, Futures, and Crypto
Choose BrightFunded if:
→15% evaluation profit reward on all evaluation phase profits
→Lightning-fast payouts guaranteed within 24 hours
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.