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E8 Markets vs Phidias Prop Firm

Phidias Prop Firm wins, 3 rounds to 2. It gives you more room before the account fails, has fewer rules that can end the account and puts more in your pocket per payout. E8 Markets is cheaper to get funded and can pay you sooner. E8 Markets vs Phidias Prop Firm, compared on price, drawdown, consistency rules and payouts, with every discount applied.

Updated November 4, 2026

Firm 1
E8 Markets
EvaluationEnd-of-Day drawdown$136 all-in
Firm 2
Phidias Prop Firm
EvaluationEnd-of-Day drawdown$215 all-in
Change a firm, plan or size and the card rescores.

The verdict

E8
Phidias
2to3

Phidias Prop Firm wins, 3 rounds to 2. It gives you more room before the account fails, has fewer rules that can end the account and puts more in your pocket per payout. E8 Markets is cheaper to get funded and can pay you sooner.

  1. 1. Cost to get funded: E8
  2. 2. Room to trade: Phidias
  3. 3. Rules that can end it: Phidias
  4. 4. Speed to first payout: E8
  5. 5. Payday: Phidias

Five rounds, one point each. Most points wins; a level card goes to the cheaper account. How we score

Choose E8 Markets if

  • you want the cheapest way to get funded
  • you want your first payout as soon as possible
SOPF20% offGet E8 →

Choose Phidias Prop Firm if

  • you want more room for normal pullbacks
  • you want fewer rules that can fail the account
  • you want the biggest payouts
SOPF60% offGet Phidias →
Disclaimer: We do our best to keep account prices, activation fees, and promo codes accurate and up to date. But prop firms can change their offers at any time. To be safe, always double-check the firm's website before you buy to make sure everything still matches.

E8 Markets vs Phidias Prop Firm, round by round

The five things that decide whether a funded account works for you, in the order you live them.

Round 1E8 Markets

Cost to get funded

The price after the discount code, plus any activation fee. Most traders fail at least once, so the cheaper account is also cheaper to try again.

How it is scored: Lower all-in price wins
E8 Markets$136
Phidias Prop Firm$215

E8 Markets costs $136 all-in, $79 less than Phidias Prop Firm at $215. That includes the $149 activation fee Phidias Prop Firm charges once you pass.

Round 2Phidias Prop Firm

Room to trade

The drawdown is the line that ends the account. A line that moves less, with more room under it, means a normal pullback does not blow the account.

How it is scored: Static beats end-of-day beats intraday, then more room wins
E8 Markets
End-of-Day
$2,000 of room
Phidias Prop Firm
End-of-Day
$2,500 of room

Both use an end-of-day drawdown, which only moves when the trading day closes. Phidias Prop Firm lets you lose $2,500 before the account fails, $500 more than E8 Markets.

Round 3Phidias Prop Firm

Rules that can end it

These are the rules that fail accounts or hold back payouts even when you are in profit. Fewer tripwires, fewer ways to lose the account.

How it is scored: Fewer of these rules wins

Phidias Prop Firm has 2 of these rules. E8 Markets adds a daily loss limit.

Round 4E8 Markets

Speed to first payout

Days from buying the account to asking for your first payout, if everything goes right.

How it is scored: Fewer days wins
E8 Markets4 days
Phidias Prop Firm13 days

E8 Markets can pay you after 4 days at the earliest: 1 day to pass, then 3 profitable days to the first payout. Phidias Prop Firm takes 13: 3 days to pass, then 10 profitable days to the first payout.

Round 5Phidias Prop Firm

Payday

The most one payout can put in your pocket: the payout cap times your share. A high split means little if the cap is low.

How it is scored: More money from one payout wins
E8 Markets$1,00080% split
Phidias Prop Firm$1,60080% split

Phidias Prop Firm: up to $2,000 a payout at 80%, so $1,600 to you. E8 Markets: up to $1,250 a payout at 80%, so $1,000 to you.

E8 Markets vs Phidias Prop Firm side by side

The rules that matter most for both accounts, checked 4 Nov 2026 against each firm's own rules.

E8 MarketsPhidias Prop Firm
All-in price
$136$170 list
$215
Activation fee
None
$149
Profit target
$3,000
$4,000
Max drawdown
$2,000 · EOD
$2,500 · EOD
Daily loss limit
None
None
Days to pass
1
3
Days to payout
3
10
Profit split
80%
80%
Maximum payout
$1,250
$2,000
Payout buffer
$2,000
$2,600
Funded consistency
35%
30%
Contract limits
4 Mini / 40 Micro
10 Mini / 100 Micro
Every other ruleFunded contracts, scaling, payout days and the rest.
E8 MarketsPhidias Prop Firm
P/D ratio
1.50
1.60
Max funded accounts
5
5
Funded drawdown
$2,000 · EOD
$2,500 · EOD
Funded daily loss
$1,000 · Soft
None
Funded contracts
4 Mini / 40 Micro
10 Mini / 100 Micro
Contract scaling
No
No
Minimum payout
$100
$500
Payout day type
Profitable Days
Profitable Days
Progressive payouts
Yes
No
How each firm lets you tradeNews, overnight holds, bots and more. Not scored: it depends on your style.
E8 MarketsPhidias Prop Firm
News trading
Allowed
Allowed
Swing trading
Not allowed
With limitsPremium: overnight/weekend allowed, sized to the account. Fundamental and Express to Live: all positions must close before end of day. The 10K Challenge separately allows overnight (25 minis/250 micros) and weekend.
Copy trading
Allowed
Allowed
Algorithmic trading
Not allowed
With limitsBots and fully automated trading algorithms are banned. Semi-automatic software is allowed only if the trader actively supervises and manually adjusts every trade.
Scalping
With limitsTick scalping is bounded, not banned: at least 50% of total profit must come from trades held 10 seconds or longer. Reliance on micro-scalping in illiquid hours is separately treated as simulated-environment abuse.
Allowed
Hedging
With limitsSame-account hedging is permitted: "You are only permitted to hedge positions within the same single Challenge or Performance account." Hedging the same instrument across multiple accounts, even your own, is banned.
Not allowed
Company detailsPlatforms, payments and who runs each firm. Not scored.
E8 MarketsPhidias Prop Firm
Platforms
Tradovate, TradingView
NinjaTrader, TradingView, Tradovate, Quantower, ATAS, Sierra Chart, MotiveWave, Bookmap, DeepChart, R|Trader Pro, Jigsaw
Payments accepted
Credit/Debit Card, Apple Pay, Google Pay, Crypto
Credit/Debit Card, Crypto
Payout methods
Rise, WorkMarket
Rise
Support
Email, Live Chat, Discord
Email, Live Chat, Discord
Country
US
GI
Year formed
2021
2023
CEO
Dylan Elchami
Florian Brender

More matchups

Every other firm against these two, on the same five rounds.

E8 Markets vs Phidias Prop Firm FAQ

Q1

Is E8 Markets better than Phidias Prop Firm?

No. For the accounts compared here, Phidias Prop Firm wins more of the five rounds that matter to a funded trader: cost, room to trade, rules, payout speed and payday. The better pick still depends on what you need most, so the verdict lists what each account is best for.
Q2

What is the difference between E8 Markets and Phidias Prop Firm?

E8 Markets has a daily loss limit and Phidias Prop Firm does not. Each round on this card explains one difference in plain words. The card on this page shows both accounts round by round, with every discount applied. Swap either account at the top of the page to compare a different size or plan.
Q3

Which is cheaper, E8 Markets or Phidias Prop Firm?

E8 Markets is cheaper to get funded than Phidias Prop Firm for the accounts compared here, counting the current discount code and any activation fee charged after you pass. Promotions change often, so the gap can grow or shrink from week to week. Use code SOPF where a firm has no code of its own.
Q4

Is E8 Markets or Phidias Prop Firm better for beginners?

Phidias Prop Firm is the better start for a new trader here, because it wins more of the three rounds that decide whether you get funded: what a try costs, how much room the drawdown gives you and how many rules can end the account.
Q5

Which pays out faster, E8 Markets or Phidias Prop Firm?

E8 Markets can pay you sooner than Phidias Prop Firm, counting the days to pass the evaluation and the days to the first payout request, the way each firm publishes them. A payout buffer or a consistency rule can add time on top of the minimum.
Q6

Which has the easier drawdown, E8 Markets or Phidias Prop Firm?

Phidias Prop Firm gives you more room before the account fails, and both use an end-of-day drawdown, which only moves when the trading day closes. The drawdown ends more accounts than any other rule, so it matters more than the profit target. How drawdown works is explained step by step in the glossary.
Q7

Does E8 Markets or Phidias Prop Firm have a consistency rule?

Yes. Both E8 Markets and Phidias Prop Firm have a consistency rule on the accounts compared here, which caps how much of your profit one day can carry. The rules round on the card shows whether it applies to passing, to payouts, or to both.
Q8

Is there a discount code for E8 Markets and Phidias Prop Firm?

Yes. Code SOPF works at both E8 Markets and Phidias Prop Firm, and every price on this page already has it applied. The code pages for E8 Markets and Phidias Prop Firm list every current offer, with the date each one was last checked. Codes change often, so check them before you buy.

How the card is scored

Five rounds, one point each. The account that wins the most rounds wins the card, and a level card goes to the cheaper account. A round without the numbers for both sides scores nobody and says so.

  1. Round 1

    Cost to get funded

    The evaluation after the discount code, plus any activation fee charged when you pass. Lower wins.

    All-in price, explained
  2. Round 2

    Room to trade

    The drawdown, the line that ends the account. Static beats end-of-day, which beats intraday trailing. Same kind? More room wins.

    Drawdown, explained
  3. Round 3

    Rules that can end it

    A daily loss limit, a consistency rule to pass, one on payouts, and a payout buffer. Fewer wins.

    Consistency rule, explained
  4. Round 4

    Speed to first payout

    Days to pass plus days to the first payout, counted the way each firm publishes them. Fewer wins.

    Payout cycle, explained
  5. Round 5

    Payday

    The most one payout can put in your pocket: the payout cap times your split. More wins.

    Profit split, explained

Platforms, news rules and the rest depend on how you trade, so they are on every card for reference and never scored. Prices come from the same data as the board and the firm pages, so a number here always matches the rest of the site.

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