E8 Markets vs Phidias Propfirm: prop firm rules compared

On E8 Markets and Phidias Propfirm's Fundamental and Premium plans the drawdown trails at end of day: the floor is recalculated once, from the closing balance, so open profit given back during the session does not raise it — but equity touching the floor during the session still counts. For example, at E8 Markets a $50,000 account starts with its floor at $48,000, $2,000 under the start; at Phidias Propfirm's Fundamental and Premium plans a $50,000 account starts with its floor at $47,500, $2,500 under the start.

Phidias Propfirm's Express to Live plan uses a static drawdown: the floor is set once, the drawdown below the starting balance, and does not move for the whole evaluation. For example, at Phidias Propfirm's Express to Live plan a $50,000 account starts with its floor at $49,350, $650 under the start.

On E8 Markets' E8 Signature plan the trailing floor stops rising once it reaches breakeven and stays there. On E8 Markets' E8 Zero Starter and E8 Zero Max plans and Phidias Propfirm's Fundamental and Premium plans it keeps trailing for the whole evaluation.

E8 Markets and Phidias Propfirm have no daily loss limit, so a losing day is bounded only by the max drawdown.

A consistency rule caps how much of the total profit one day may carry. E8 Markets' E8 Zero Starter and E8 Zero Max plans cap any single day at 40% of total profit, so it takes at least 3 profitable days to finish inside the rule. One day may then carry at most $1,200 of a $3,000 target. E8 Markets' E8 Signature plan and Phidias Propfirm apply no consistency rule in the evaluation, so one large day can count in full.

Phidias Propfirm requires at least 3 trading days on Fundamental and 1 on Premium before a pass; E8 Markets and Phidias Propfirm's Express to Live plan set no minimum number of days.

E8 Markets and Phidias Propfirm differ on 6 of the evaluation rules compared here: drawdown model, trailing floor, consistency rule, max drawdown at $50K, profit target at $50K and minimum trading days. If your trades often run into open profit that you give back before closing them, start with the drawdown: E8 Markets trails at end of day, while Phidias Propfirm trails at end of day or holds a static floor, depending on the plan. If one or two large days make up most of your profit, the consistency rule sets how fast you can finish: E8 Markets caps one day at 40% of total profit on some plans and has no cap on others; Phidias Propfirm has no consistency rule. In dollars at $50K, E8 Markets asks for $3,000 of profit with $2,000 of drawdown room, Phidias Propfirm for $4,000 with $2,500. To finish in as few sessions as possible, compare the minimum days: E8 Markets sets no minimum, Phidias Propfirm sets no minimum on some plans and up to 3 trading days on others.

Once funded, the profit split is 80/20 at E8 Markets and 80/20 (Fundamental, Express) · 75→100% progressive (Premium) at Phidias Propfirm. Payout terms — E8 Markets: On demand (5 profitable days between payouts; max 4 per Signature account); Phidias Propfirm: Fundamental every 10+ days · Premium every 5 days. E8 Markets sells 3 plans: E8 Signature, E8 Zero Starter and E8 Zero Max; Phidias Propfirm sells 3 plans: Fundamental, Premium and Express to Live. Each plan carries its own version of the rules above, which is why they are listed plan by plan.

Read both rule sets against your own average day, then confirm the current terms on E8 Markets' site and Phidias Propfirm's site. PassTraq tracks challenges at both firms using the same rule presets shown here.