Are you considering trading with E8 Markets [founded in 2021] but unsure about their commission structure? Or is there any commission E8 Markets at all? This comprehensive guide will investigate E8 Markets commission rates and fees. So let's get started!
How much fees do I have to pay on E8 Markets?
When trading with E8 Markets, you'll be pleased to know that their commission structure is designed to be trader-friendly. The firm operates on a unique model that provides aspiring traders with up to $400,000 in virtual capital. The best part? There are no hidden fees or commissions! Here's the breakdown:
- Users pay a one-time fee based on their chosen account plan;
- No ongoing fees or commissions;
- Traders keep up to 100% of hypothetical profits generated on the platform.
This commission-free approach allows traders to focus on developing and profiting from their strategies without the burden of constant fees eating into their earnings.
E8 Markets commission for various instruments
The firm offers a wide range of trading instruments, but no one has any commission. The platform provides leverage up to 1:50 for major and exotic Forex pairs, 1:15 for indices, and 1:1 for cryptocurrency pairs.
E8 Markets commission on different trading accounts
The firm offers flexibility in account types and sizes:
- Account sizes range from $5,000 to $100,000;
- Two-step and three-step evaluation plans are available;
- 2-step plan: 10% profit target for Phase 1, 5% for Phase 2;
- 3-step plan: with 8% target for Phase 1, 4% for both Phase 1 and Phase 2.
But the good news is that the firm doesn’t charge on any of these trading accounts.
What are other trading fees on E8 Markets?
Each user pays a single fee depending on their chosen account. E8 does not impose any additional charges, and users are not liable for any financial losses simulated in the E8 Trader account. You can simulate successful trades and retain up to 100% of the hypothetical profits generated on our simulated platform.
Writer's opinion and conclusion
After analyzing E8 Markets commission structure, it's clear that the firm [founded in 2021] offer a highly competitive and trader-friendly environment. The commission-free trading on any instruments and no fees on others, make the firm an attractive option for novice and experienced traders. Write your thoughts about commission E8 Markets in the section below.