ZenonTradez
Both firms sell a one-phase $100K challenge with a 6% max loss, but they solve different problems. E8 Markets suits traders who want the lowest entry price and on-demand payouts: its E8 One costs $342 with code INSIDE and needs a 9% target. FundedNext suits traders who want a drawdown that never moves and no consistency rule: its Stellar 1-Step costs $531 with code INSIDE, pays every 7 days and refunds your fee with your first payout.
We compare the FundedNext Stellar 1-Step with the E8 Markets E8 One, both at $100,000. E8 Markets no longer sells a two-phase forex challenge, so a 1-step comparison is the fair one.
- Cheaper: E8 Markets, $342 vs $531 for $100K, a gap of $189 thanks to the 30% code.
- Easier rules: FundedNext for drawdown (6% static vs 6% trailing) and no consistency rule. E8 Markets gives more daily room (4% vs 3%) and a lower target (9% vs 10%).
- Payouts: both pay 80%. FundedNext pays every 7 days; E8 Markets pays on demand once its conditions are met.
Side-by-Side Comparison: $100K 1-Step
| Feature | FundedNext | E8 Markets |
|---|---|---|
| Plan compared | Stellar 1-Step | E8 One |
| Price after code | $531 (code INSIDE, 7% off) | $342 (code INSIDE, 30% off) |
| Regular price | $570 | $488 |
| Profit target | 10% | 9% |
| Max drawdown | 6% Static | 6% Trailing |
| Daily loss limit | 3% | 4% |
| Minimum trading days | 2 | Check E8’s site |
| Consistency rule | None listed for the 1-Step | Funded: no single day 40% or more of total profit |
| Profit split | 80% | 80% |
| Payout frequency | Every 7 days | On demand (minimum $100) |
| Fee refund | With your first payout | Not stated |
| News trading | Unrestricted in the challenge; funded profit within 5 min of high-impact news paid at 40% | Allowed in the evaluation; no trades within 5 min of high-impact news when funded |
| Forex leverage | 1:30 | 1:30 |
| Platforms | MT4, MT5, cTrader, Match Trader | MT5, cTrader, Match Trader, TradeLocker |
Price: E8 Markets Is $189 Cheaper
With code INSIDE, the E8 Markets $100K E8 One drops from $488 to $342 (30% off). With code INSIDE, the FundedNext $100K Stellar 1-Step drops from $570 to $531 (7% off).
That $189 gap is real, but it shrinks if you get funded. FundedNext refunds the challenge fee with your first performance reward on qualifying Stellar plans, and its current offer advertises a 120% refundable fee. E8 Markets does not state a fee refund for E8 One, so the $342 you pay is a cost either way.
If price is your main filter, E8 Markets’s other $100K plan is even cheaper: the E8 Pro costs $328 with a 6% target and a 6% Static max loss. The catch is a 2.5% daily loss limit and a daily cap: only 2% of profit per day counts toward the target.
Rules & Drawdown
The drawdown type is the biggest difference. Both plans allow a 6% max loss, which is $6,000 on a $100K account. At FundedNext it is static: your floor stays at $94,000 no matter how much profit you make. At E8 Markets the E8 One max loss is trailing, so the floor rises as your account grows, and a pullback from a new high can end the account even when you are still in profit overall.
Daily loss favours E8 Markets. You can lose 4% ($4,000) in a day on E8 One vs 3% ($3,000) on the Stellar 1-Step. With a 6% total limit, FundedNext’s 3% daily cap means two bad days in a row are enough to fail.
Targets: E8 Markets asks for 9%, FundedNext for 10%. On $100K that is $9,000 vs $10,000, a small gap that most traders will feel less than the drawdown and daily-loss differences.
Minimum days: FundedNext needs at least 2 trading days. Our data has no minimum-day figure for E8 One, so check E8 Markets’s site before you plan a fast pass. Both firms disable accounts that go 60 days without a trade.
Trading-style rules: FundedNext’s Quick Strike rule means trades closed in under 30 seconds must be less than 30% of your total profit. E8 Markets does not allow more than half of your trades to be held for under one minute, and bans risking your full daily drawdown on a single trade. Scalpers should read both rules carefully.
Payouts
FundedNext’s Stellar 1-Step pays 80% every 7 days, and your challenge fee comes back with the first reward. The minimum payout is $20 via USDT (TRC20) or $50 via Rise Works, and a processing fee of up to 3.5% applies. Funded accounts also follow a 3% risk-at-a-time guideline measured against the starting balance.
E8 Markets’s E8 One pays 80% on demand, with a $100 minimum. Before each request you must pass the 40% consistency rule (no single day can be 40% or more of total profit) and have net profit above 50% of the daily drawdown. A drawdown buffer must stay in the account, so withdrawing everything closes it. Payouts go out via Rise Works, Aeropay, WorkMarket.
Platforms & Trading Conditions
FundedNext offers MT4, MT5, cTrader, Match Trader. E8 Markets offers MT5, cTrader, Match Trader, TradeLocker. MT4 users need FundedNext; TradeLocker users need E8 Markets. MT5, cTrader and Match Trader work at both.
Forex leverage is 1:30 at both. On other markets E8 Markets’s E8 One allows 1:15 on metals, indices and energy, while FundedNext’s 1-Step allows 1:10 on indices and 1:15 on commodities. On costs, E8 Markets’s standard-spread accounts trade commission-free (raw-spread accounts pay $5 per lot on FX). FundedNext charges $5 per lot on forex and commodities on the Stellar 1-Step, with no commission on indices.
Pros & Cons
FundedNext
- Pro: 6% static max loss that never trails up with profit.
- Pro: no consistency rule listed for the 1-Step, and payouts every 7 days.
- Pro: fee refunded with your first payout; MT4, MT5, cTrader and Match Trader.
- Con: more expensive at $531 for $100K, with only 7% off.
- Con: tight 3% daily loss limit and a 10% target.
- Con: funded profits within 5 minutes of high-impact news paid at 40%; up to 3.5% processing fee.
E8 Markets
- Pro: $342 for $100K with INSIDE, 30% off.
- Pro: 4% daily loss limit and a lower 9% target.
- Pro: on-demand payouts and commission-free standard-spread accounts.
- Con: 6% trailing max loss on E8 One.
- Con: 40% consistency rule and a drawdown buffer before funded payouts.
- Con: no MT4, and no trading within 5 minutes of high-impact news when funded.
Which Should You Choose?
FundedNext — you want a fixed $94,000 floor, weekly payouts without a consistency rule, and your fee back once you are paid. You pay $531 and must respect a 3% daily loss, so it suits steady traders who size small. If you have never bought a FundedNext challenge, this is a good first one.
E8 Markets — you want the cheapest $100K entry at $342, more daily room (4%) and on-demand payouts. Accept the trade-offs: the trailing max loss eats into your room as you profit, and big single-day wins can block a payout under the 40% consistency rule.
Want more detail? Read our full FundedNext review and E8 Markets review, browse all forex prop firms, see more prop firm comparisons such as FXIFY vs FundedNext and Tradeify FX vs E8 Markets, or grab every current code on our prop firm discount codes page. Always confirm the latest rules on the E8 Markets website before you buy.
Frequently Asked Questions
Is FundedNext or E8 Markets cheaper?
E8 Markets, by $189. The $100K E8 One costs $342 with code INSIDE, vs $531 for the FundedNext $100K Stellar 1-Step with code INSIDE. FundedNext refunds the fee with your first payout.
Which has the easier drawdown?
FundedNext. Its Stellar 1-Step uses a 6% static max loss, while E8 Markets’s E8 One uses a 6% trailing max loss. E8 Markets does allow a bigger daily loss: 4% vs 3%.
Does E8 Markets have a consistency rule?
Yes, on funded E8 One accounts no single day can make up 40% or more of your total profit. FundedNext lists no consistency rule for its Stellar 1-Step.
How often do FundedNext and E8 Markets pay out?
FundedNext’s Stellar 1-Step pays every 7 days at 80%. E8 Markets’s E8 One pays on demand at 80%, with a $100 minimum, once the consistency and buffer conditions are met.
What discount codes work for FundedNext and E8 Markets?
Use INSIDE for 7% off FundedNext and INSIDE for 30% off E8 Markets. Open the firm through our link, pick the plan and paste the code at checkout.
Ready to start your $100K challenge?
Get E8 Markets for $342 with INSIDE or FundedNext for $531 with INSIDE.
This article is for information and education only and is not financial advice. Trading futures, forex and CFDs carries a high risk of loss. InsidePropFirm may earn a commission when you buy through our links, at no extra cost to you.
