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
E8 One parameters (the customizable one-step account). E8 also sells E8 Pro (a static 6%, 8% or 10% drawdown with a 2.5% daily loss), E8 Signature and the futures account E8 Zero; confirm the figures for the account you hold.
Rules verified against E8 Markets's official help center on 26 Sept 2026 — check the firm's site before buying. Sources: E8 One, Product overview, Daily profit cap.
| 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% |
The E8 One drawdown is dynamic: it trails your highest closed balance and locks permanently once it reaches the initial balance. The daily loss is a percentage of the initial balance, set at 00:00 server time from that day's starting balance. There is no consistency rule and no daily profit cap in the E8 One challenge; on the funded account a 40% best-day rule applies to payouts, so an oversized winner can delay a payout but is never removed from the target. The 2% daily profit cap — profit above 2% of the initial balance is removed at rollover — applies only to E8 Pro, where the 8% preset target therefore takes at least four trading days.
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 because the drawdown trails your highest closed balance until it locks at the initial balance, early profit does not widen your buffer the way a static floor would.
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.
- Mixing up the E8 One and E8 Pro rules. Only E8 Pro removes profit above 2% of the initial balance each day. On E8 One nothing is removed, but a best day above 40% of the profit on the funded account holds up a payout.
- 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% best-day payout line. MT4 and MT5 accounts sync automatically with the read-only investor password or the Fips connector on your computer; cTrader connects through read-only API access, and CSV import is there as an extra option. 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 E8 have a 2% daily profit cap?
Only on E8 Pro. There, profit above 2% of the initial balance is removed at the daily rollover, so a 4% day counts as 2% and there is no reward for trading larger. E8 One has no daily profit cap.
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 were checked against the firm's official sources on 26 September 2026 and can change without notice; verify them on the firm's own website before trading.