TL;DR
- Circle of Fortune accelerates character gearing through enhanced loot drops and prophecy systems
- Merchant’s Guild unlocks player trading but requires economic knowledge and carries market volatility risks
- Faction switching is possible but resets all reputation progress and rank achievements
- New players benefit most from Circle of Fortune for reliable progression without market dependencies
- Advanced players can leverage Merchant’s Guild for specific item acquisition and economic opportunities
When advancing through Last Epoch’s endgame progression, you’ll encounter a critical decision point: selecting between the two primary factions that shape your gameplay experience. The Merchant’s Guild and Circle of Fortune represent fundamentally different approaches to character advancement, each with unique progression systems and strategic implications.
The faction choice becomes available during later campaign stages, requiring careful consideration of your playstyle preferences and long-term goals. Upon committing to a faction, you’ll begin building reputation through dedicated activities, unlocking higher ranks that provide increasingly powerful benefits. This comprehensive analysis examines both factions’ mechanics, provides strategic selection guidance, and details the faction switching system.

Faction selection represents one of the most impactful long-term decisions in Last Epoch, directly influencing how you acquire gear, interact with other players, and progress through endgame content. Understanding the core differences ensures you maximize your gameplay efficiency.
The Merchant’s Guild specializes in economic gameplay, granting access to player-driven markets and specialized trading systems. This faction unlocks the ability to trade directly with other players and utilize the exclusive Bazaar marketplace, Last Epoch’s centralized trading hub.
Unlike the limited vendor options available to non-members, Merchant’s Guild participants can exchange Legendary and Unique items through sophisticated market mechanics. The trading ecosystem encompasses all rarity tiers, enabling comprehensive gear acquisition through economic means rather than pure RNG drops.
However, this economic approach introduces significant volatility and risk management considerations. Market prices fluctuate based on supply and demand dynamics, requiring economic literacy to avoid unfavorable trades. Players with extensive experience in ARPG economies (like Path of Exile or Diablo) may find the Merchant’s Guild aligns with their expertise.
Common Pitfall: New players often underestimate the time investment required to master market dynamics, potentially wasting valuable progression hours on inefficient trades.
The Circle of Fortune focuses on direct character power enhancement through improved loot acquisition. This faction significantly boosts your drop rates for high-tier items, including Legendary and Unique equipment essential for endgame builds.
Beyond passive drop rate improvements, Circle members gain access to the exclusive Prophecy system. These special quests provide targeted loot rewards, allowing you to focus farm specific items needed for your character progression.
This systematic approach to gearing proves particularly valuable when tackling challenging endgame content like Monoliths of Fate and arena challenges. The combination of enhanced RNG and deterministic prophecy rewards creates a powerful gear acquisition engine.
Advanced Strategy: Seasoned players can optimize prophecy selection to target specific affixes or base items, dramatically reducing the time investment required for optimal gear configuration.
For the majority of players, particularly those new to Last Epoch or ARPGs generally, the Circle of Fortune provides superior progression efficiency and reliability. The faction’s mechanics ensure consistent character power growth without external dependencies.
The Merchant’s Guild introduces additional gameplay dimensions but demands substantial market knowledge to leverage effectively. Economic missteps can result in significant progression delays, making it riskier for inexperienced players.
Build Considerations: Certain specialized builds requiring extremely rare unique items may benefit from Merchant’s Guild access to targeted acquisitions.
Time Investment Analysis: Circle of Fortune typically requires 15-25 hours less time to achieve comparable gear levels for average players unfamiliar with market dynamics.
Players should assess their tolerance for economic gameplay versus traditional loot hunting when making this decision. The optimal choice varies significantly based on individual preferences and gameplay goals.
Last Epoch provides flexibility through its faction switching system, allowing players to change allegiance at any point. However, this convenience comes with significant progression penalties that require strategic planning.
Each faction change completely resets your reputation progress and rank achievements. This means rebuilding your standing from scratch each time you switch, representing substantial time investment losses.
The faction system operates at the difficulty level tier, meaning all characters on the same difficulty share faction affiliation. Creating additional characters on Normal difficulty automatically places them in your current faction without additional choice.
Strategic Switching: Advanced players may intentionally switch factions to access specific systems temporarily, such as using Merchant’s Guild for targeted item acquisition before returning to Circle of Fortune for general progression.
Characters created on different difficulty levels or game modes (like Hardcore) maintain independent faction selections, providing opportunities to experience both systems simultaneously.
Action Checklist
- Complete campaign through Chapter 9 to unlock faction selection
- Analyze your preferred playstyle: direct loot hunting vs. economic trading
- Select Circle of Fortune for reliable new player progression
- Focus on Monolith completion and prophecy chains for optimal gear acquisition
- Consider Merchant’s Guild only after mastering game mechanics and understanding market dynamics
- Plan faction switches strategically to minimize reputation reset penalties
No reproduction without permission:SeeYouSoon Game Club » Last Epoch – Should You Choose The Merchant’s Guild Or Circle Of Fortune? Master Last Epoch's faction system with expert analysis of Merchant's Guild vs Circle of Fortune benefits
