The LSE Directory / Prop firms
E8 Markets, registered in the United States as E8 Funding LLC, is a Dallas, Texas based proprietary trading evaluation firm founded in November 2021. It sells traders a one-time entry fee into a "SimFi Challenge," a single-phase evaluation on a demo account funded with simulated capital; a trader who hits the profit target while staying inside the firm's drawdown and consistency rules is moved to a "SimFi Performance" funded account and paid a share of the simulated profits it generates going forward. Account sizes run from $5,000 to $500,000, and the firm supports MetaTrader 5, cTrader, MatchTrader and TradeLocker across roughly 46 instruments spanning forex, metals, energies, stock indices and cryptocurrencies, with forex leverage capped at 1:30. The firm runs two evaluation tracks. E8 One is a single-step challenge, meaning it has no separate verification phase, unlike many two-step prop-firm competitors, and carries a default 80% profit split that a trader can raise to 100%. E8 Signature keeps a fixed 80% split. Both tracks apply a "Best Day Rule" that caps how much of the total profit target any single day's gains may count toward, 40% on E8 One and 35% on E8 Signature, plus a "Dynamic Drawdown" limit that moves with the account balance rather than staying fixed. E8 Markets permits expert advisors and copy trading and offers on demand payouts, subject to conditions on E8 Signature, positioning itself on rule flexibility and payout speed rather than the lowest challenge fee. The company is led by founder and CEO Dylan Elchami, who also serves as chief investment officer at Digital Renaissance Management. As of independent reviews current in 2026, E8 Markets reports more than $68 million paid out to over 300,000 registered traders and carries a 4.3 out of 5 Trustpilot rating from more than 3,000 reviews. It is not a regulated brokerage; evaluation and funded accounts trade simulated capital rather than the firm's own live market positions, and no license or regulator is disclosed on the company's marketing pages. In April 2026 the company put its cumulative payout figure at over $70 million under its "SimFi" branding and published a promotional case study crediting a single trader with roughly $377,000 in payouts over ten months, alongside disclaimers that the figures are discretionary incentive disbursements from simulated trading rather than guaranteed earnings. The release framed E8 Markets as an alternative to depositing with a traditional retail broker, citing regulator data that a majority of retail traders lose money.
