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E8 Markets vs Kraken Prop rules, prices and codes side by side

Prices updated

  • E8 Markets

    United States · Founded 2021

    From
    $28
    Challenges
    64
    Accounts
    $5K to $500K
    Buy
  • Kraken Prop

    British Virgin Islands · Founded May 2026

    From
    $20
    Challenges
    18
    Accounts
    $5K to $200K
    Buy

Where they differ

Cheapest challenge
E8 Markets$28 ($5K E8 Pro, 6% drawdown)
Kraken Prop$20 ($5K Advanced)
Daily loss limit
E8 Markets2.5% to 9.2%
Kraken Prop3%, or none on some
Maximum loss
E8 Markets4% to 14% trailing or static
Kraken Prop3% to 6% static or trailing
Bitcoin leverage
E8 Markets15x
Kraken Prop10x
Account sizes
E8 Markets$5K to $500K
Kraken Prop$5K to $200K
Sizes only this firm sells
E8 Markets$400K, $500K
Kraken PropNone
Challenges
E8 Markets64
Kraken Prop18
Country
E8 MarketsUnited States
Kraken PropBritish Virgin Islands
Founded
E8 Markets2021
Kraken PropMay 2026
Current offer
E8 Markets50% off with E8
Kraken PropNone now

Every rule, side by side

RuleE8 MarketsKraken Prop
The firm
CountryUnited StatesBritish Virgin Islands
Founded2021May 2026
Years in operation4Under 1
PlatformsE8 Terminal, MetaTrader 5, TradeLocker, cTrader, MatchTraderKraken Pro
Trades onE8 Terminal, its own simulated platform (prices, spreads and funding from Hyperliquid's feed)Kraken Pro (web and mobile app), on a simulated Prop account
MarketsCrypto, stock, index, metal, energy and forexCrypto, index and commodity
Some trades on-chainNoNo
Rules
Model1-step evaluation (E8 One or E8 Pro, Perpetual Futures market)1-step evaluation (Starter, Intermediate or Advanced; Lite on $50,000)
Account sizes$5K, $10K, $25K, $50K, $100K, $200K, $400K, $500K$5K, $10K, $25K, $50K, $100K, $200K
Profit targetE8 One: 1.5 times the drawdown chosen at checkout: 6%, 9% (at the 6% default), 12%, 15% or 21%; E8 Pro: equal to the drawdown: 6%, 8% (at the 8% default) or 10%10% (Starter) / 12% (Intermediate) / 9% (Advanced) / 6% (Lite)
Daily loss limitE8 Pro: 2.5%; E8 One: set by the drawdown chosen at checkout, 3% with a 4% drawdown, 4% with the 6% default, 5.3% with 8%, 6.6% with 10% and 9.2% with 14%; a fixed dollar amount from the initial balance, reset at 00:00 server time3% of the balance at 00:30 UTC, checked against equity (Starter, Intermediate, Advanced); none on Lite
Maximum drawdownE8 One: 4%, 6% (default), 8%, 10% or 14%, dynamic (rises with closed profit, locks at the starting balance); E8 Pro: 6%, 8% or 10%, static (moves up to the starting balance once the first payout is processed)6% (Starter) / 5% (Intermediate) / 3% (Advanced), static from the starting balance; $1,500 trailing the highest closed balance on Lite
Max leverage15x on Bitcoin and Ether; 2x on other crypto; 5x on stocks; 15x on indices, metals and energy; 25x on forexUp to 10x on BTC, the Nasdaq 100 and the S&P 500 (its August 18, 2026 update; its September guide still says 5x on BTC and ETH, 2x on other crypto), 5x on SOL and 3x on HYPE; up to 40x on the Nasdaq 100 and S&P 500 on Lite; commodities 5x on gold, silver, WTI and Brent oil, 10x on copper and 3x on natural gas (its commodities table; the same page's FAQ says up to 5x on every commodity)
Profit split80% by default; 90% or 100% (E8 One) or 100% (E8 Pro) chosen at checkout80%; 90% with an add-on bought at purchase for 20% of the plan price
PayoutsE8 One: on demand under a 40% best-day rule, first payout as early as 3 days into the funded stage, and each payout must exceed half the daily loss limit (over $2,000 on a $100,000 account at 4%); E8 Pro: daily, 1% minimum profit; $100 minimum on every product; paid through Rise or WorkMarket (Aeropay in the US)On request with no open positions or orders; reviewed within 24 hours (typically 12) and paid in USD or USDG to the trader's Kraken account; $50 minimum on Lite
Starting pricefrom $28 for a $5,000 E8 Pro account with a 6% drawdown; E8 One from $40 with a 4% drawdown (list prices; a discount code was offered at checkout)from $20 for a $5,000 account (Advanced)
Minimum daysNone; E8 One's first payout comes 3+ days into the funded stageNone
Consistency ruleNo day above 40% of profit (funded E8 One); E8 Pro caps daily profit at 2%None
US tradersYes (not on its restricted list, not on MT5 or cTrader)Yes (crypto only for US clients; not offered in Canada or India)
Fee refundOnly if unused, within 30 days of purchase; none for crypto paymentsNo
News tradingAllowed (E8 Pro); not within 5 min of high-impact news (funded E8 One)Allowed (its Prop page sets no restriction on trading strategy)
Weekend holdingAllowedAllowed (margin funding of 0.033% a day applies; 0.013% a day on XYZ100 and SP500 on Lite)
Current offer50% off with E8None now
Rules checkedNovember 7, 2026November 10, 2026

E8 Markets: source 1source 2source 3source 4source 5source 6source 7source 8source 9source 10source 11source 12source 13source 14Kraken Prop: source 1source 2source 3source 4source 5source 6source 7source 8source 9

Prices at each account size

AccountE8 MarketsKraken Prop
Sizes both sell
$5K$2850% off with E8, first purchaseE8 Pro, 6% drawdown8 challenges at this size$20Advanced3 challenges at this size
$10K$5950% off with E8, first purchaseE8 Pro, 6% drawdown8 challenges at this size$40Advanced3 challenges at this size
$25K$13850% off with E8, first purchaseE8 Pro, 6% drawdown8 challenges at this size$95Advanced3 challenges at this size
$50K$21850% off with E8, first purchaseE8 Pro, 6% drawdown8 challenges at this size$139Lite4 challenges at this size
$100K$39850% off with E8, first purchaseE8 One, 4% drawdown8 challenges at this size$330Advanced3 challenges at this size
$200K$65050% off with E8, first purchaseE8 One, 4% drawdown8 challenges at this size$660Advanced2 challenges at this size
Sizes only one sells
$400K$1,30150% off with E8, first purchaseE8 One, 4% drawdown8 challenges at this sizeNot sold
$500K$1,62750% off with E8, first purchaseE8 One, 4% drawdown8 challenges at this sizeNot sold

Every E8 Markets challengeEvery Kraken Prop challengeEvery firm's challenges

Current offers

E8 Markets
  • 50% offE8

    50% off a first order.

    First purchase only

Get the offer
Kraken Prop

No code seen in the last seven days.

Buy

What each daily limit means on Bitcoin

How far Bitcoin has to move against a position at each firm's full leverage to use up the daily loss limit, and how often it has in the last 29 days.

Firm and programBitcoin capDaily limitMove that uses it upDays Bitcoin moved that far
E8 Markets · E8 Pro15x2.5%0.17%29 of 29
E8 Markets · E8 One, at the default 6% drawdown15x4%0.27%29 of 29
Kraken Prop · Starter, Intermediate and Advanced10x3%0.3%29 of 29

Recent rule changes

E8 Markets

  1. Other

    Changed its terms for US traders from "Yes (not on its restricted list)" to "Yes (not on its restricted list, not on MT5 or cTrader)".

    Firm's page

  2. Program

    Added a Perpetual Futures market, E8 One and E8 Pro accounts on its E8 Terminal priced from Hyperliquid's feed, which its help center says replaced its crypto market.

    Archived Aug 1, 2026Archived Oct 5, 2026

  3. Program

    Added E8 Static, a limited-edition one-phase crypto plan with a 9% target, a 2.5% daily drawdown, a 5% static drawdown (4% at $100,000), daily payouts and no consistency rule, capped at three accounts per trader in a test to February 28.

    Archived Feb 1, 2026Archived Feb 11, 2026

  4. Markets

    Added a crypto market with its new E8 Signature one-step account at $50,000, $100,000 and $150,000, listed in its announcement at $98, $179 and $267 a month plus an activation fee after passing that was waived at launch, with a 6% target, a 4% end-of-day trailing drawdown and 5x leverage on Bitcoin and Ether.

    Archived Aug 14, 2025Archived Aug 14, 2025

Kraken Prop

  1. Other

    Dropped the UK from the countries its FAQ says Kraken Prop is not available in, leaving Canada and India; in July the list also named Australia.

    Firm's pageArchived Jul 12, 2026

  2. Other

    Changed its weekend holding rule from "Allowed (margin funding of 0.033% a day applies)" to "Allowed (margin funding of 0.033% a day applies; 0.013% a day on XYZ100 and SP500 on Lite)".

    Firm's page

Compare with another firm

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