E8 Markets (formerly E8 Funding) lets you choose your own maximum drawdown — 4%, 6%, 8%, 10% or 14% — and sets the profit target at 1.5 times that figure. The choice you make at checkout is therefore also a position-sizing decision: a 4% account with a 6% target needs a very different lot size from a 14% account with a 21% target. This calculator gives the lot size for any stop and risk; the tables below show which risk level fits each E8 configuration.
How this calculator is set up for E8
The defaults assume a $100,000 account, 1% risk per trade and a 20-pip stop at $10 per pip per lot (correct for EUR/USD, GBP/USD and other USD-quoted majors). Adjust the balance to your account and the risk to your chosen drawdown using the guidance below. For gold, indices, oil or JPY pairs use the symbol-specific calculators at the bottom of the page.
E8 rules that decide your lot size
Published E8 One parameters as of 2026. E8 also sells fixed-rule Pro and Signature accounts; confirm the figures for the account you hold.
| Maximum drawdown you choose | Profit target (1.5×) | Daily loss (E8 One) |
|---|---|---|
| 4% | 6% | 3% |
| 6% | 9% | 4% |
| 8% | 12% | 5.3% |
| 10% | 15% | 6.6% |
| 14% | 21% | 9.2% |
Two further rules shape sizing. A 40% consistency rule means your best single day cannot exceed 40% of total profit. A 2% daily profit cap means no more than 2% of the initial balance counts toward the target on any one day — an 8% objective therefore takes at least four counted days regardless of how good one day is. Both rules penalise oversized positions: a big winner is simply not credited.
The lot size formula with E8 numbers
Lot size = (Account balance × Risk %) ÷ (Stop loss in pips × Pip value per lot)Example 1 — 8% drawdown account, $100K: 1% risk, 20-pip stop on EUR/USD.
- Risk amount: $1,000
- Loss per lot: 20 × $10 = $200
- Lot size: 5.00 lots
Example 2 — 4% drawdown account, $100K: the tight limits argue for 0.5% risk. 25-pip stop.
- Risk amount: $500
- Loss per lot: 25 × $10 = $250
- Lot size: 2.00 lots
Example 3 — 14% drawdown account, $50K: 1% risk, 40-pip stop on GBP/USD.
- Risk amount: $500
- Loss per lot: 40 × $10 = $400
- Lot size: 1.25 lots
Matching risk per trade to your drawdown choice
How many consecutive losses each configuration can absorb:
| Risk per trade | 4% max | 6% max | 8% max | 10% max | 14% max |
|---|---|---|---|---|---|
| 1.0% | 4 | 6 | 8 | 10 | 14 |
| 0.5% | 8 | 12 | 16 | 20 | 28 |
| 0.25% | 16 | 24 | 32 | 40 | 56 |
On the 4% account, 1% risk leaves four losses for the entire evaluation — not enough for most strategies. Traders who choose the low-drawdown, low-target accounts typically run 0.25–0.5%. On the 10–14% accounts, 1% is comfortable but the higher target means more trades, and the 2% daily profit cap means there is no benefit to sizing up to reach it faster.
Common sizing mistakes on E8 accounts
- Choosing a low drawdown to get a low target, then sizing like a 10% account. The target is smaller, but so is the room. Size to the drawdown you picked.
- Oversized winners that break the 40% consistency rule or the 2% daily cap. Profit that exceeds the caps does not count toward the target; you carried the risk for nothing.
- Same lots on gold as on EUR/USD. Gold's dollar-per-pip and daily range are much larger. Use the XAU/USD calculator.
- Sizing on the chart stop. Add spread and slippage before dividing.
- Ignoring the daily limit on the higher-drawdown accounts. A 14% account still has a 9.2% daily line, and it is measured on equity.
Track your E8 evaluation in Fips
Fips's free trading journal logs each trade with its R-multiple and running daily P&L, and its account analysis view shows whether your best day is creeping toward the 40% consistency line. Connect an MT5 or cTrader account and trades import automatically. Backtest the strategy first to read its worst losing streak — that number, more than anything else, tells you which E8 drawdown to buy and how much to risk on it.
Frequently asked questions
Which E8 drawdown should I choose?
Pick the one that gives you at least eight to ten consecutive losses at your intended risk. If you plan 1% per trade, that is the 8% or 10% account; at 0.5%, the 4% or 6% account becomes workable.
What lot size should I use on a $100K E8 account?
At 1% risk and a 20-pip stop on a USD-quoted major, 5 lots; at 0.5%, 2.5 lots; at a 40-pip stop, half of each. The stop and the risk set the lot size, not the account alone.
Does the 2% daily profit cap mean I should trade smaller?
It means there is no reward for trading larger. A 4% day counts as 2%. Consistent 1–2% days reach the target as fast as it can be reached.
Does E8 count floating losses toward the daily limit?
Yes. The daily limit is measured on equity, so open positions count in real time.
Fips is not affiliated with, endorsed by or sponsored by E8 Markets. The rule figures on this page are the firm's published terms as of 2026 and can change without notice; verify them on the firm's own website before trading.