What should traders know about payment options and refunds at Funded Firm?

💡 Answer

Payment Methods: UPI, Bitcoin, USDT TRC20, USDT BEP20, USDT ERC20

Traders who pass the evaluation receive a full refund of their challenge fee along with their fourth payout. Otherwise, fees are non‑refundable.

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Funded Firm vs E8 Markets vs Goat Funded Trader - Prop Firm Comparison (March 2026)

Side-by-side comparison of Funded Firm vs E8 Markets vs Goat Funded Trader. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated March 2026.

Funded Firm vs E8 Markets vs Goat Funded Trader - Prop Firm Comparison (March 2026)
Funded Firm
FundedFirm is a UK-based proprietary trading firm launched in 2024. It offers 1‑Step and 2‑Step evaluation programs with unlimited time, allowing traders to trade forex, metals, indices, energies and cryptocurrencies on MT5. With leverage up to 1:100 (1:50 for crypto),...
E8 Markets
E8 Markets is a US-based prop-firm-style evaluation brand operating simulated accounts via third-party platforms, offering 1-step programs such as E8 One and E8 Signature (Forex/Crypto) with dynamic drawdown models, leverage up to 1:30 on FX, and performance-fee payouts via Plane...
Goat Funded Trader
Goat Funded Trader offers 1‑step, 2‑step, 3‑step, Blitz and instant funding evaluations with static or trailing drawdowns up to 5% daily and 10% overall, scaling capital up to $2 million with profit splits starting at 80% and upgrades to 95–100%...
Overview
Trustpilot Rating 0 4.4 0
Trustpilot Reviews 0 3,232 0
Headquarters United Kingdom United States Saint Lucia
Age (Years) 2 N/A 4
Max Funding $100,000 $500,000 $2,000,000
Profit Split Start 90% 80% 80%
Profit Split Max 100% 100% 100%
Platforms mt5 MT5 cTrader Match-Trader TradeLocker MT5 cTrader Match-Trader TradeLocker Volumetrica
Assets Forex Precious Metals Indices Energies Cryptocurrencies FX Metals Indices Energy Crypto Forex pairs; CFD indices; metals; commodities; stocks; cryptocurrencies
Leverage
FX Leverage 100 30 100
Metals Leverage 100 15 100
Crypto Leverage 50 5 2
Risk & Drawdown Rules
Max Daily Loss 3–5 3 5
Max Total Loss 6–10 4 10
Drawdown Type Fixed (daily 3–5% of starting equity; overall 6–10% of initial balance) Drawdown ModelE8 One uses a 3% Daily Drawdown (from the day's starting balance) plus a 4% Dynamic Drawdown that limits maximum running or closed loss. E8 Signature products use an end-of-day (EOD) Dynamic Drawdown limit (set as a fixed dollar amount by account size) plus a 2% Daily Pause that stops trading for the rest of the day but does not breach the account. Static for 1‑step, 2‑step and 3‑step evaluations; trailing for GOAT Blitz and instant funding; daily drawdown resets at 5 PM EST
Payouts
Payout Frequency Payouts can be requested weekly, bi‑weekly or monthly. Weekly cycles provide a 60% profit split, bi‑weekly cycles 80%, and monthly cycles up to 100%. Payouts for weekly and bi‑weekly plans are released every Wednesday starting from the second week after the account is opened. Payout Frequency E8 Markets payouts are requested on-demand once a trader meets eligibility criteria. E8 Signature Forex/Crypto: First payout requires 3 profitable days; subsequent payouts require 5 profitable days (each profitable day is ≥0.3% realized closed PnL), plus a 35% Best Day Rule. Payout buffer and payout caps apply. E8 One (E8 Trader stage): 40% Best Day Rule and the trader's net profit (payout share) must be greater than 50% of the account's daily drawdown; buffer rules can apply in specific scenarios. Bi‑weekly; Instant Standard triple-payday every 10 days
Days to First Payout 7 0 10
Payout Processing Time 1 Payout ProcessingPayouts are typically processed within 1–2 business days (excluding weekends) and then received in ~1–3 additional business days; the total process may take 2–5 business days. Payouts are delivered via Plane (bank transfer) or Rise (crypto options), subject to payout-provider onboarding/KYC. 2
Payout Methods Bank transfer UPI BTC USDT TRC20 USDT BEP20 USDT ERC20 Plane (Bank Transfer) Rise (Crypto) Rise; Crypto; Skrill
Payments
Payment Methods UPI Bitcoin USDT TRC20 USDT BEP20 USDT ERC20 Credit/Debit Card Crypto Credit/debit card; PayPal; crypto
Trading Permissions
News Trading News trading is allowed on all account types. Traders may open and close positions during high‑impact news releases. E8 One: In Phase 1, news trading is allowed without restriction. On the E8 Trader stage, a prohibition window applies for high-impact news: 5 minutes before and 5 minutes after the release, during which opening/closing/modifying trades is prohibited; profits earned during the window may be removed without an account violation. E8 Signature Forex/Crypto: News trading is allowed without restrictions in both Phase 1 and the E8 Trader stage, with a reminder that high-impact news can cause volatility and slippage and that the user is responsible. Allowed; but trades opened or closed within 5 minutes of high‑impact news may only generate up to 1% profit of initial balance
Weekend Trades Overnight and weekend holding is allowed without restrictions. E8 Signature Forex/Crypto: Overnight/weekend holding is not supported; positions are closed daily at 23:00 server time and trading reopens at 00:15.E8 One: The help center does not impose the same daily position-closure rule; weekend/overnight exposure remains subject to normal market gaps and drawdown calculations. yes
Copy Trading Copy trading and mirroring strategies across accounts are prohibited. E8 Markets allows copy trading across evaluations and E8 Trader accounts (and to/from personal accounts) as long as the accounts belong to you. A key restriction is that you cannot copy trades or reuse the same trading ideas between multiple E8 evaluation accounts; each evaluation must be traded independently. Team trading and third-party signal services are not permitted. No (duplicating trades across accounts is prohibited)
EA Allowed Expert Advisors (EAs) and automated trading tools are not allowed. Expert Advisors (EAs) are allowed. E8 states it limits one strategy per user and may terminate accounts if it detects multiple users executing the same trades/strategy. Server request limits (e.g., order/TP/SL modification limits and maximum positions per day) also apply. Expert Advisors are permitted provided they are not high‑frequency or arbitrage systems; they must be original and not marketed for passing challenges, and the trader may be asked to prove ownership by supplying the code.
KYC & Restrictions
KYC Required No Yes No
KYC Stage KYC/AML verification is required before the first payout. Traders may need to provide government‑issued ID and proof of address to satisfy compliance checks. KYC is required as part of eligibility and compliance checks. To receive a payout, traders must also be able to onboard and pass KYC with E8's payout providers (Plane or Riseworks/Rise); if a trader cannot complete provider onboarding, E8 states it cannot issue a payout. After passing the evaluation and before receiving the funded account and first payout
Restricted Countries No specific list of restricted countries is published but services may not be available in sanctioned jurisdictions such as North Korea Iran Syria and other high‑risk regions. Afghanistan Albania Algeria Myanmar (Burma) Burundi Belarus Central African Republic Congo Democratic Republic of Congo Cuba Ethiopia Hong Kong Iran Iraq Kenya Kosovo Lebanon Libya Mali Midway Islands Nicaragua North Korea Pakistan Russia Samoa Somalia South Sudan Sudan Syria Ukraine United Arab Emirates Vatican City State Venezuela West Bank Western Sahara Yemen Zambia; Limited (E8 Signature Forex/Crypto only): Bulgaria India Romania Bangladesh Indonesia Taiwan Cambodia Laos Viet Nam Croatia Bangladesh Bulgaria Chile Cuba Hong Kong Iran Japan Jordan Lebanon Libya Malaysia Myanmar North Korea Russia Senegal Singapore Somalia South Korea Sri Lanka Sudan Syria Togo Thailand Vietnam

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