Both firms are known for low-cost forex challenges and both offer TradeLocker. E8 lets you customise your challenge; FundingPips gives you more drawdown room on a fixed 2-step.
Side by side
| E8 Markets (E8 One) | FundingPips (2-Step) | |
|---|---|---|
| Steps | 1 | 2 |
| Profit target | 6% to 21% (you choose) | 8%, then 5% |
| Daily loss | 3% (customisable) | 5% |
| Max loss | 4% to 14% (you choose) | 10% static |
| Minimum days | None | 3 per phase |
| 100K price | From $398 | $529 list |
| Profit split | 80%, up to 100% | 60% to 100% by payout cycle |
| Payouts | On demand | Weekly, bi-weekly or monthly |
| Platforms | MT5, cTrader, Match-Trader, TradeLocker | MT5, cTrader, Match-Trader, TradeLocker |
Rules as summarised in our reviews and checked November 2, 2026. Prop firm rules change often, so confirm them on each firm’s site before you buy.
Which to choose
Choose E8 Markets if you want one step, no minimum days and on-demand payouts, and you are happy to pay more for extra drawdown.
Choose FundingPips if you want 10% static room and lower targets per phase, and don’t mind two steps.
Read the E8 Markets and FundingPips reviews, or see TradeLocker prop firms.
E8 Markets vs FundingPips FAQ
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Risk warning: Trading forex, futures, CFDs and other leveraged products involves a high risk of loss and is not suitable for every investor. Nothing on this site is investment advice.