E8 Markets perps: 50% off with code FPF, $5K from $14.

E8 Markets' Perpetual Futures program. You pass a 1-step challenge on a simulated account that runs on Hyperliquid's market data, then trade a performance account for a share of the profit. E8 also runs futures and forex programs with different rules. This page covers perps only.

Two 1-step challenges from $5K to $500K. E8 One: 9% target, a 6% dynamic drawdown and a 4% daily loss limit. E8 Pro: 6% target, a 6% static drawdown, a 2.5% daily loss limit and a 2% daily profit cap, with payouts every day.

E8 One runs $48 to $1,998 and E8 Pro $28 to $2,469 at list price. Code FPF takes 50% off your first order and 30% off every order after that, so a $5K E8 Pro is $14 and a $5K E8 One $24 on a first order.

It isn't a classic trailing drawdown. The floor moves up only when you close a profit, not while a trade is open, so a winner you're still holding doesn't drag it up. Once your closed profit equals the drawdown, $300 on a $5K account, the floor locks at your starting balance and stays static from there.

The daily profit cap. Only 2% of the starting balance a day counts toward the target and your profit, $100 a day on $5K, so the 6% target takes at least 3 trading days. The drawdown is static and only moves when you request your first payout.

Yes. Lose more than the daily limit in one day, 4% of the starting balance on E8 One or 2.5% on E8 Pro, and the account fails.

E8 Pro lets you request every day once you have 1% of the starting balance in profit, and the first payout can come in as little as 0 days. On E8 One the first payout can come in as little as 3 days, the payout has to be more than 50% of your daily drawdown, and funded accounts have a 40% best-day rule: no single day can be more than 40% of your total profit. The split is 80%, and you can buy 90% or 100% on E8 One, or 100% on E8 Pro, at checkout. E8 says there are no payout caps.

E8 Terminal, E8's own platform for its perps market. Prices and market data come straight from Hyperliquid, and the trading is simulated. Crypto, stocks, indices, metals, energy and FX are on the menu, and you need at least one closed trade every 60 days.

One position per instrument. If you're long 1 BTC and sell 1 BTC, that closes the long instead of opening a separate short, the same way futures accounts work. E8's perps accounts are netting only, and opening opposite trades across several accounts is banned.

Up to 15x on Bitcoin, Ethereum, indices, metals and energy, 25x on FX, 5x on stocks and 2x on other crypto. The same on E8 One and E8 Pro, in the challenge and on the performance account.

Yes. Code FPF takes 50% off your first E8 perps order and 30% off every order after that.

E8 is a SaaS educational simulation built for skills training, data collection, and analytical modeling. There is no live-capital or margin risk. Enrollment fees purchase access to the simulation & assessment; earnings are discretionary, not guaranteed, amounts are not trading profits and contingent on E8's acceptance & licensing of your performance data. Hypothetical/simulated performance has inherent limitations and does not represent actual trading; results may differ materially in live market conditions.