Day one
The entry point for both firms is defined by their proprietary platforms and competitive pricing for one-phase evaluations.
- Entry Price ($10,000 accounts): Propr offers a more aggressive entry with its "Turbo 1-Step" at $50, while E8 Markets starts its "Pro Perpetual" at $68 and "One Perpetual" at $88. If looking for a standard one-phase evaluation, Propr's "Pro 1-Step" costs $85, nearly identical to E8's One Perpetual.
- Platforms: Both firms move away from MetaTrader. E8 Markets uses E8 Terminal, while Propr uses its own Proprietary Terminal. Both are built to handle the 24/7 nature of crypto markets and perpetual contracts.
- Initial Rules: On day one, you must choose your risk profile. E8 Markets allows News Trading in its evaluations, but Propr offers a simpler environment with no consistency rules from the start across all its plans. E8 Markets' "One Perpetual" does implement a 40% best-day rule once you reach the performance stage.
The first months
Once the evaluation is passed, the focus shifts to withdrawal frequency and managing drawdown to keep the account active.
- Payout Speed: E8 Markets Pro Perpetual stands out with daily payout requests. E8 One Perpetual requires 3 days for the first payout, then moves to on-demand. Propr offers on-demand payouts with no minimum waiting period, allowing traders to withdraw profit as soon as it is realized.
- Risk and Drawdown:
- E8 One Perpetual: Uses a 4% daily and 6% dynamic drawdown.
- E8 Pro Perpetual: Uses a 2.5% daily and 8% static drawdown.
- Propr 1-Step: Uses a fixed floor from the starting balance (6% for Classic, 5% for Pro, 3% for Turbo).
- Propr 2-Step: Features a trailing drawdown that follows the highest equity but stops at the starting balance.
- Refunds: E8 Markets provides a safety net by refunding evaluation fees for the Pro Perpetual plan. Propr does not offer fee refunds.
The first year
For a trader who survives the first few months, the ability to consolidate capital and increase the profit share becomes the priority.
- Account Merging: E8 Markets explicitly allows account merging for the "One Perpetual" plan, facilitating the management of larger capital blocks. Propr allows multiple evaluations and funded accounts under one profile but focuses on an aggregate limit rather than a formal merging process for performance accounts.
- Profit Split: E8 Markets offers flexibility at checkout, allowing traders to select 80%, 90%, or even 100% profit splits. Propr maintains a standard 80% split.
- Reward Programs: Propr features a points reward program where traders earn points on purchases (distributed every Friday), which are retained even if an account breaches a limit, providing a "rebate" style growth for active buyers.
The ceiling
The ultimate goal for a professional trader is the maximum allocation and the ease of reaching it.
- Maximum Allocation:
- E8 Markets: Offers a higher ceiling with a maximum performance allocation of $500,000 for E8 One Perpetual and $500,000 for E8 Pro Perpetual, allowing a total of $1,000,000 in managed capital.
- Propr: Caps the aggregate initial allocation at $300,000.
- Scaling Requirements: E8 Markets allows for unlimited allocation during the evaluation phase, meaning the trader's only limit is their ability to pass the challenges. Propr's ceiling is more rigid at $300k.
- Cost of the Ceiling: To reach a $500k performance account at E8 Markets, a trader would pay $1,998 (One Perpetual) or $2,598 (Pro Perpetual). At Propr, reaching the $200k mark (their largest single challenge) costs $1,399 (Pro) or $1,998 (Classic).
Room to grow
E8 Markets Perpetuals offers a significantly higher growth potential for elite traders, with a $1,000,000 total capital limit and the possibility of a 100% profit split. The inclusion of refundable fees on the Pro plan and daily payouts makes it a "pro-trader" ecosystem designed for those who want to treat trading as a high-frequency career.
Propr, while having a lower capital ceiling ($300,000), excels in simplicity and accessibility. Its Turbo accounts are among the cheapest in the industry for $5k and $10k sizes, and the absence of consistency rules across the board makes it an ideal choice for traders who want to capitalize on volatile crypto moves without worrying about "best day" restrictions or complex news-trading bans in performance accounts.
Frequently asked questions
Which firm is cheaper to start a $10,000 crypto challenge, E8 Markets or Propr?
Propr is the more affordable option for starting a $10,000 challenge. Its "Turbo 1-Step" plan costs only $50, whereas E8 Markets' cheapest $10,000 option is the "Pro Perpetual" at $68. If you prefer a standard one-step without the tighter "Turbo" drawdown, Propr's "Pro 1-Step" is $85, compared to E8's "One Perpetual" at $88.
Does E8 Markets or Propr offer better leverage for trading Bitcoin?
E8 Markets offers higher leverage for Bitcoin and Ethereum at 15:1. In comparison, Propr provides 10:1 leverage for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). For other cryptocurrencies, both firms generally limit leverage to 2:1.
Which firm allows you to withdraw your profits faster, E8 Markets or Propr?
Both firms are highly competitive, but E8 Markets Pro Perpetual offers daily payout requests, which is one of the fastest frequencies in the industry. Propr offers on-demand payouts with no minimum waiting period. However, E8 One Perpetual requires a 3-day wait for the first payout before moving to an on-demand model.
Is the maximum capital limit higher at E8 Markets or Propr?
E8 Markets has a much higher capital ceiling. It allows for $500,000 in E8 One Perpetual accounts and an additional $500,000 in E8 Pro Perpetual accounts, totaling $1,000,000. Propr limits the total aggregate allocation for a trader to $300,000.
