E8 Markets vs Lux Trading Firm: Which Prop Firm Is Better?
When choosing between E8 Markets and Lux Trading Firm, traders face a fundamental tradeoff between passing difficulty and platform flexibility. E8 Markets offers a significantly easier path to funded status with just a 6% Phase 1 profit target compared to Lux Trading Firm's 10% requirement, while Lux Trading Firm counters with superior platform options and trader-friendly policies like free retries. Both firms launched in 2021 and charge $260 for their $100K challenges, but their approaches to trader evaluation differ substantially. This comparison examines their key differences in challenge structure, trading conditions, and support systems to help you determine which aligns with your trading style and experience level.
EM
E8 Markets
Est. 2021 · N/A
4.5
3,200 reviews
VS
2 wins
6 ties
4 wins
LT
Lux Trading Firm
Est. 2021 · London, UK
4
1,000 reviews
Feature
E8 Markets
Lux Trading Firm
Challenge Price ($100K)
$260
$260
Phase 1 Profit Target
6%✓ Easier to pass
10%
Max Total Loss
N/A
6%
Min Trading Days
None✓ No minimum
0 days
Time Limit (Phase 1)
No limit
No limit
Payout Split
80%
80%
Payout Frequency
N/A
instant
Platforms
N/A
MT5, The Lux Trader, MatchTrader✓ More platform options
E8 Markets
Pros
+Over $69 million paid out to traders since 2021
+Simulated trading environment with no margin calls or deposits required
+Fast payout qualification possible in as little as 3 days
+Multiple markets available: Forex, Futures, and Crypto
+Money back guarantee if unsatisfied before starting trading
Cons
−Payouts are discretionary and not guaranteed
−Limited account size options compared to other firms
−SaaS simulation model rather than live capital trading
−Requires E8's acceptance and licensing of performance data for payouts
Lux Trading Firm
Pros
+Offers the largest account sizes in the industry up to $10,000,000
+1-stage evaluation process with instant funding available
+100% evaluation fee refund after passing first stage
+Instant withdrawals with no fixed payout cycles
+Real A-book execution with direct liquidity provider partnership
Cons
−Complex risk consistency rules requiring fixed percentage allocation per trade
−High-frequency trading and automated EAs strictly prohibited
−Single trade profit limited to 5% of profit target per stage
−Higher evaluation fees compared to many competitors
−Static 6% drawdown limit that doesn't move with account growth
Our Verdict
Which Should You Choose?
E8 Markets is the clear choice for beginner traders and those seeking the fastest route to funded status. The 6% Phase 1 profit target versus Lux Trading Firm's 10% requirement makes a substantial difference in pass rates, and the lack of minimum trading days removes unnecessary hurdles. E8's higher Trustpilot rating of 4.5/5 from 3,200 reviews also suggests better trader satisfaction compared to Lux's 4/5 from 1,000 reviews.
Lux Trading Firm suits experienced traders who value platform diversity and risk management features. The multiple platform options (MT5, The Lux Trader, MatchTrader) provide flexibility that serious traders appreciate, and the free retry policy offers a valuable safety net for the more challenging 10% profit target. London-based regulation may also appeal to European traders seeking local oversight.
For most traders, E8 Markets wins due to the significantly easier challenge requirements. The 4-percentage-point difference in profit targets translates to real money saved on challenge fees and faster access to funded accounts, making it the superior choice unless you specifically need Lux's platform variety.
Choose E8 Markets if:
→Over $69 million paid out to traders since 2021
→Simulated trading environment with no margin calls or deposits required
→Fast payout qualification possible in as little as 3 days
→Multiple markets available: Forex, Futures, and Crypto
Choose Lux Trading Firm if:
→Offers the largest account sizes in the industry up to $10,000,000
→1-stage evaluation process with instant funding available
→100% evaluation fee refund after passing first stage
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.