Traders choosing between The5ers and E8 Markets face a fundamental trade-off between evaluation difficulty and profit sharing. The5ers demands a steeper 10% Phase 1 profit target but rewards funded traders with 100% profit splits, while E8 Markets offers an easier 6% target with no daily loss limits but caps your earnings at 80%. This comparison examines the challenge requirements, payout structures, and scaling potential to help you determine which firm aligns with your trading style and risk tolerance. Both firms operate legitimate funding programs but cater to different trader profiles and priorities.
T
The5ers
Est. 2016 · Raanana, Israel
4.8
21,000 reviews
VS
2 wins
4 ties
3 wins
EM
E8 Markets
Est. 2021 · N/A
4.5
3,200 reviews
Feature
The5ers
E8 Markets
Challenge Price ($100K)
N/A
$260
Phase 1 Profit Target
10%
6%✓ Easier to pass
Max Daily Loss
3%
No limit✓ No daily loss limit
Max Total Loss
6%
N/A
Time Limit (Phase 1)
No limit
No limit
Payout Split
100%✓ Higher profit split
80%
Payout Frequency
monthly
N/A
Platforms
N/A
N/A✓ More platform options
The5ers
Pros
+Scale up to $4M in funded trading capital with industry-leading spreads
+Up to 100% profit split with transparent one-time fees
+Unlimited time limit for evaluations with no consistency rules
+24/7 support and guidance with free educational resources
+10+ years active with 262K funded traders and reliable payouts
Cons
−Limited leverage at 1:30 compared to some competitors
−One-time fee of $260 applies to all account sizes
−Daily pause rule at 3% may limit aggressive trading strategies
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
Our Verdict
Which Should You Choose?
E8 Markets suits newer traders and those prioritizing easier qualification over maximum earnings. The 6% Phase 1 target combined with no daily loss limit creates a more forgiving evaluation environment, making it ideal for traders still developing consistency or those using higher-risk strategies. However, the 80% profit split means you'll earn less on every winning trade throughout your funded career.
The5ers better serves experienced traders confident in their ability to meet stricter requirements in exchange for superior long-term earning potential. The 100% profit split means you keep every dollar of profit you generate, and the $4 million scaling potential far exceeds E8's $1 million cap. While the 10% Phase 1 target and 3% daily loss limit demand more disciplined execution, profitable traders will earn significantly more over time. For serious traders viewing prop funding as a long-term business, The5ers' superior profit sharing outweighs the evaluation difficulty.
Choose The5ers if:
→Scale up to $4M in funded trading capital with industry-leading spreads
→Up to 100% profit split with transparent one-time fees
→Unlimited time limit for evaluations with no consistency rules
→24/7 support and guidance with free educational resources
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
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.