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PropInsider Radar Events E8 Markets Warns Traders Against CFD Brokers
Medium Priority Negative Sentiment news

E8 Markets Warns Traders Against CFD Brokers

Event Date: Apr 22, 2026

Analysis Summary

Prop trading firm E8 Markets warns retail traders about the risks of depositing funds with FX, futures, and crypto brokers. Tied to National Financial Literacy Month, the firm launched a loyalty program named after top user Tom Gibbs. Citing a December 2024 CFTC advisory and ESMA data, it highlights that up to 89% of CFD accounts lose money, with average losses from €1,600 to €29,000. CEO Dylan Elchami emphasized no one should lose $5,000 without proper guidance. Start trading with E8 Markets

Affected Firms

E8 Markets

USA
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Azraa Behardien

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