Time limits
While both firms have eliminated the pressure of a maximum number of days to pass an evaluation, they restrict your freedom through inactivity rules that force you to trade even when the market offers no setups.
- E8 Markets Perpetuals: You cannot leave your account inactive for more than 60 days. If you do not place at least one trade in that period, you lose the account.
- My Funded Perps: The restriction is much tighter. In evaluation, you cannot exceed 30 days of inactivity, but once funded, you are forced to trade at least once every 7 days. This creates a constant obligation to participate in the market.
Weekends and news
Trading the news and holding positions over the weekend are two of the most restricted areas, especially when moving from crypto to traditional assets.
- E8 Markets Perpetuals: On "E8 One" performance accounts, you are forbidden from opening or closing trades within five minutes before or after high-impact news. Only the "Pro" version removes this limitation.
- My Funded Perps: You cannot add new exposure from 10 to 2 minutes before high-impact news on funded accounts, and manual trading is completely blocked in a 4-minute window (2 before and 2 after). Additionally, while crypto is 24/7, for traditional markets you cannot hold positions over the weekend; they are automatically closed 15 minutes before the Friday close.
Where you can trade from
Geographic boundaries are strict for both firms, excluding a long list of jurisdictions due to regulatory or internal risks.
- E8 Markets Perpetuals: You cannot trade from Afghanistan, Iran, Syria, Albania, Iraq, Sudan, Russia, Belarus, UAE, Venezuela, or Cuba, among many others.
- My Funded Perps: Their list of exclusions also blocks users from Vietnam, Morocco, Taiwan, Philippines, Pakistan, Russia, Belarus, and several African nations.
What the platform limits
You are not free to use the software you want. Both firms lock you into their own technical ecosystems, which limits the use of external tools and specific trading styles.
- Proprietary Terminals: Neither firm allows the use of MetaTrader 4 or 5. You are restricted to E8 Terminal or the My Funded Perps web terminal.
- Style restrictions at E8: You cannot hold more than 50% of your trades for less than one minute (scalping limit). You also cannot use hedging between multiple accounts.
- Automation limits at My Funded Perps: You cannot use EAs unless they are connected via their official API (REST/WebSocket). High-frequency trading is strictly banned; you cannot exceed 30 orders per minute or 250 per hour.
- Risk limits per market: At My Funded Perps, you cannot exceed a specific exposure cap per market, which is shared across all your accounts of the same size.
What the rules cost you
The financial cost is not just the entry fee, but the limits on how you can access your profits and the risk you are allowed to take.
- The Price Barrier: The cheapest $5,000 account at E8 costs $32 (Pro) or $48 (One), while at My Funded Perps it is $40 (Select). These fees limit how many "lives" or attempts a trader can afford.
- Fee Refunds: E8 refunds evaluation fees with payouts, but My Funded Perps does not. Once you pay the fee at MFP, that money is gone.
- Drawdown limitations: At E8 One, you cannot cross a 6% dynamic drawdown, which is more restrictive as it trails your peak balance. E8 Pro has a 2.5% daily limit. At My Funded Perps, the "Select" plan only gives you a 3% total margin, which is extremely narrow.
- Payout restrictions: At E8 Pro, you cannot withdraw all your profits; 50% must stay in the account as a drawdown buffer. At My Funded Perps, there is a lifetime payout cap of $100,000 across all accounts; once you reach it, you can never buy another account.
Restrictions that add up
The real constraint appears when these rules overlap. At My Funded Perps, the obligation to trade every 7 days (inactivity rule) combined with the manual review of payouts—which locks your trading while pending—creates a window where you might be forced to trade under pressure just to keep the account active. At E8 Markets, the 40% best-day consistency rule on the "One" account prevents you from having a single high-performance day, forcing you to replicate that success across multiple sessions to actually qualify for a payout, while the dynamic drawdown simultaneously reduces your room for error as you grow.
Frequently asked questions
Which firm is cheaper to start a $10,000 challenge, E8 Markets or My Funded Perps?
E8 Markets Perpetuals offers a $10,000 "Pro" account for $68, while the cheapest $10,000 option at My Funded Perps (Select) is $40. However, E8 Markets refunds the evaluation fee with the first payout, whereas My Funded Perps does not refund the fee under any circumstances.
Which firm has stricter payout waiting times, E8 Markets or My Funded Perps?
E8 Markets is more restrictive initially on its "One" account, requiring 3 days for the first payout, but then allows payouts on demand. My Funded Perps allows one request per day, but it is more restrictive in practice because it locks all trading while the request is being manually reviewed, preventing you from operating during that time.
Which firm allows more freedom for news trading, E8 Markets or My Funded Perps?
E8 Markets Perpetuals is less restrictive if you choose the "Pro" account, where news trading is fully allowed. In contrast, My Funded Perps imposes restrictions on all its funded accounts, prohibiting new exposure and manual trades during a 4-minute window around high-impact news and stock earnings.
Which firm imposes a harder drawdown limit, E8 Markets or My Funded Perps?
E8 Markets Perpetuals uses a dynamic drawdown of 6% on its "One" accounts, which is harder because it moves up with your profit. My Funded Perps uses a static drawdown, but its "Select" plan limits you to a very tight 3% total loss, which offers much less margin for error than the 8% static drawdown available on the E8 Pro account.
