Review
E8 Funding
"E8 Funding: A Comprehensive Review of Services and Benefits"
"E8 Funding: Empowering Traders with Essential Information and Cutting-Edge Technology for Optimal Risk Management and Long-Term Consistency"
E8 Funding has meticulously designed a user-centric experience that includes vital information for traders, along with state-of-the-art technological solutions that are unmatched in the industry. Their top priority for traders is to exhibit disciplined behavior, with a strong focus on risk management and a steadfast dedication to maintaining consistent performance over the long term.
As a global organization, E8 Funding extends its funding opportunities to traders worldwide, driven by a passionate commitment to uncovering hidden talents within their community. They work tirelessly to establish unique funding pathways, creating an environment where people from diverse backgrounds can evolve into successful professional traders.
At E8 Funding, they place a strong emphasis on nurturing success in individuals’ trading careers. Their primary requirement from clients is a demonstration of discipline in risk management and an unwavering commitment to maintaining consistent performance over the long term. Traders have the opportunity to generate significant profits by effectively managing account sizes of up to $1,000,000, allowing them to secure 80% of the profits they earn. To achieve this, traders can participate in the trading of a wide range of financial instruments, including forex pairs, commodities, indices, equities, and cryptocurrencies.
Who are E8
E8 Funding, founded on November 5th, 2021, is an innovative private company located in a prime United States location. Distinguishing itself as one of the pioneering proprietary firms, E8 Funding offers funding opportunities worldwide. Their operational centers strategically situate in Dallas and Texas, USA, as well as in Prague, Czech Republic. Traders affiliated with E8 Funding can access significant capital, with balances potentially reaching up to $1,000,000, all while benefiting from an 80% profit sharing arrangement. The company has established a valuable partnership with a top-tier liquidity provider, ensuring direct market access as their trusted brokerage solution.
E8 Funding’s headquarters can be found at 100 Crescent Ct, Unit 700, Dallas, TX 75201, United States.
As for the CEO of E8 Funding, the company’s founder, Dylan Elchami, has set a notable goal of creating a clear and accessible path for individuals to become professional funded traders, capable of managing capital remotely from anywhere in the world. Through dedicated efforts, he has successfully achieved this goal and continues to improve the offerings and conditions provided by E8 Funding, consistently attracting an increasing number of traders to join his respected proprietary trading firm. In the industry, Mr. Elchami focuses on making trading more accessible for individuals by establishing strategic partnerships and offering cutting-edge software solutions. To ensure an exceptional experience for traders, he maintains an in-house team of skilled engineers who continuously work to provide the best possible support and resources. Those interested in staying updated on Dylan Elchami’s endeavors can easily do so by following his LinkedIn profile.
Funding Options
E8 Funding offers its traders three different programs to choose from:
- E8 evaluation program accounts
- Normal E8 evaluation program accounts
- Extended E8 evaluation program accounts
- ELEV8 program accounts
- E8 Track program accounts
E8 evaluation program accounts
The primary aim of the E8 Funding’s standard evaluation program is to identify committed and proficient traders who consistently perform well during a thorough two-phase assessment period. In this account category, traders have the option to leverage their trades at a ratio of 1:100 and can also choose their preferred account funding currency from choices like USD, EUR, or GBP.
During Evaluation Phase One, traders must achieve an 8% profit target within a 30-day period while adhering to the rules, which specify not exceeding a maximum daily loss of 5% or a maximum loss of 8%. The profit target must be reached within the given time frame, starting from the day a trader opens their first position in the evaluation account. There is no requirement for a minimum number of trading days to advance to Phase Two.
In Evaluation Phase Two, traders are required to attain a 5% profit target within a 60-day period while following the same rules regarding maximum daily and maximum overall losses. Just like in Phase One, the profit target must be met within the specified time frame, starting from the day a trader initiates their first position in the evaluation account. There is no minimum trading day requirement to progress to a funded account.
Upon successfully completing both evaluation phases, traders are granted access to a funded account where profit targets no longer apply. However, they must adhere to the maximum daily loss limit of 5% and the maximum loss limit of 8%. The initial payout from the funded account occurs 8 calendar days after the first position is taken, and subsequent withdrawals can be made every two weeks. Traders will receive an 80% profit share based on the profits generated from the funded account. It’s important to note that the maximum loss limit increases by 1% with each successful withdrawal, capping at 14%.
Additionally, the standard E8 evaluation program accounts include a scaling plan. Traders can increase their account balance by requesting a profit split at the end of each trading period. They will receive an 80% share of their earned profits, and the withdrawn amount will be added back to the account balance, thereby increasing the size of the account.
Example:
- You are trading a $250k account and you make a 10% profit.
- Your account balance now is $275k.
- You request a profit split, meaning that you receive a payout of $20k (80% of the $25k profit made)
- Since you made a profit of $25k on your $250k account, you continue trading with $275k
Trading instruments for the normal E8 evaluation program accounts are forex pairs, commodities, indices, equities, and cryptocurrencies
Normal E8 evaluation program account rules
- The profit target represents a predetermined percentage of profit that traders must attain to successfully conclude an evaluation phase, withdraw profits, or expand their trading account. Phase 1 entails an 8% profit target, while Phase 2 requires achieving a profit target of 5%. Notably, funded accounts are exempt from profit targets.
- Maximum daily loss signifies the highest permissible level of loss that traders can incur within a single day before their account is considered in violation. Regardless of account size, all traders are subject to a uniform maximum daily loss limit of 5%.
- Maximum loss denotes the uppermost acceptable cumulative loss that traders can experience before their account is deemed in violation. For all account sizes, the maximum loss threshold is set at 8% (which can be scaled up to 14%).
- Maximum trading days indicate the maximum duration within which traders must achieve a specific profit target or withdrawal objective. Phase 1 encompasses a maximum trading period of 30 days, whereas Phase 2 allows for a maximum trading period of 60 days.
- Third-party copy trading risk pertains to the utilization of copy trading services. Traders should be aware that by employing a third-party copy trading service, they may encounter other traders utilizing the same trading strategy. Engaging in third-party copy trading carries the potential risk of being denied a funded account or withdrawal if the maximum capital allocation rule is exceeded.
- Third-party EA risk pertains to the utilization of third-party EAs (Expert Advisors). Traders should bear in mind that by utilizing a third-party EA, they may encounter other traders utilizing the same trading strategy. Engaging in third-party EA usage carries the potential risk of being denied a funded account or withdrawal if the maximum capital allocation rule is exceeded.
Extended E8 evaluation program accounts
The E8 Funding extended evaluation program account is designed to identify and reward dedicated and skilled traders based on their consistent performance throughout a two-phase evaluation period. Traders participating in the E8 evaluation program account have the opportunity to engage in trading activities with a leverage ratio of 1:100. Furthermore, they can choose their preferred account funding currency from options that include USD, EUR, and GBP.
In the first evaluation phase, traders are required to achieve an 8% profit target within 60 calendar days from the initiation of their first position in the evaluation account. During this phase, it is vital to adhere to the 5% maximum daily loss and 10% maximum loss regulations. Additionally, they need to complete a minimum of five trading days to advance to Phase Two.
In the second evaluation phase, traders must reach a 5% profit target within 120 calendar days from the start of their first position in the evaluation account. Similar to Phase One, compliance with the 5% maximum daily loss and 10% maximum loss rules is essential. Once again, they must fulfill a minimum of five trading days to progress to a funded account.
Upon successfully completing both evaluation phases, traders are granted a funded account where profit targets are no longer applicable. Instead, they must adhere to the 5% maximum daily loss and 10% maximum loss rules. The first payout from the funded account is scheduled for 14 calendar days after the initial position is established, and subsequent withdrawals can be made bi-weekly. The profit split for the funded account is set at 80% of the trader’s generated profits. It’s important to note that the maximum loss rule increases by +1% with each successful withdrawal, with a maximum threshold of 14%.
Additionally, the Extended E8 evaluation program accounts feature a scaling plan. Traders can increase their account balance by requesting a profit split at the end of each trading period. By receiving an 80% profit split and reintroducing the withdrawn balance back into the account, the account size expands.
Example:
- You are trading a $250k account and you make a 10% profit.
- Your account balance now is $275k.
- You request a profit split, meaning that you receive a payout of $20k (80% of the $25k profit made)
- Since you made a profit of $25k on your $250k account, you continue trading with $275k
Trading instruments for the extended E8 evaluation program accounts are forex pairs, commodities, indices, equities, and cryptocurrencies.
Extended E8 evaluation program account rules
- The profit target represents a predetermined percentage of profit that traders are obligated to achieve to successfully conclude an evaluation phase, initiate profit withdrawals, or expand their trading account. Phase 1 entails an 8% profit target, while Phase 2 sets a profit target of 5%. Notably, funded accounts are exempt from profit target requirements.
- The maximum daily loss signifies the utmost permissible amount of loss that traders can incur within a single day before their account is deemed to be in violation. Regardless of account size, a uniform maximum daily loss threshold of 5% applies.
- The maximum loss designates the highest admissible cumulative loss that traders can reach before their account is considered in violation. Similar to the maximum daily loss, all account sizes adhere to a maximum loss limit of 10% (which may be adjusted up to 14% in certain cases).
- The minimum trading days denote the minimum duration during which traders are required to actively participate in trading before they become eligible to complete an evaluation phase or request a withdrawal. Both evaluation phases mandate a minimum of 5 trading days, while funded accounts have no minimum trading day requirements.
- The maximum trading days specify the maximum duration within which traders must achieve a specific profit target or withdrawal objective. Phase 1 imposes a maximum period of 60 trading days, while Phase 2 allows a maximum of 120 trading days.
- When utilizing third-party copy trading services, it is important to be aware that other traders may already be employing the same trading strategy through the same service. Consequently, the adoption of third-party copy trading services carries the potential risk of being denied a funded account or withdrawal if the maximum capital allocation rule is exceeded.
- Similarly, when employing third-party Expert Advisors (EAs), one should consider the possibility that other traders may already be utilizing the same trading strategy via the same EA. Employing third-party EAs carries the potential risk of being denied a funded account or withdrawal if the maximum capital allocation rule is surpassed
ELEV8 program account
The ELEV8 program account offers traders a distinctive opportunity to showcase their trading expertise by managing up to $1,000,000 in funds. This comes with the advantage of accessing global markets equipped with advanced technology and top-tier liquidity. Traders engaged in the ELEV8 program account are rewarded for their consistency during a two-phase evaluation process.
With the ELEV8 program account, traders can trade with a leverage ratio of 1:100, which enhances their trading potential. In the first evaluation phase, traders are required to achieve an 8% profit within 30 days while ensuring they stay within the specified daily loss limit of 5% or the maximum loss limit of 8%. There is no minimum trading days requirement to move to the second phase.
During the second evaluation phase, traders must reach a 5% profit within a 60-day period, adhering to the 5% maximum daily loss limit and the 8% maximum loss rule. Similar to the first phase, no minimum trading days are necessary to advance to a funded account.
Upon successfully completing both evaluation phases, traders are granted a funded ELEV8 account, eliminating the profit targets. Instead, traders are only required to follow the 5% maximum daily loss limit and the 8% maximum loss rule. The initial payout from the funded account is issued within 8 calendar days of the first trade, followed by subsequent withdrawals available bi-weekly. Traders receive an 80% profit share based on the profits generated from their funded account. It’s important to note that the maximum loss rule increases by 1% with each successful withdrawal, reaching a maximum threshold of 14%.
Additionally, ELEV8 program accounts include a scaling plan that can be accessed through the provided spreadsheet. Trading instruments available for ELEV8 program accounts cover a wide range of options, such as forex pairs, commodities, indices, equities, and cryptocurrencies.
ELEV8 program account rules
- The profit target represents a predetermined percentage of profit that traders must achieve to successfully complete an evaluation phase, withdraw profits, or expand their trading account. Phase 1 requires a profit target of 8%, while Phase 2 necessitates a profit target of 5%. It is important to note that funded accounts are exempt from profit targets.
- Maximum daily loss refers to the maximum allowable loss that traders can incur within a single day before their account is considered in violation. Regardless of account size, all traders are subject to a uniform maximum daily loss limit of 5%.
- Maximum loss signifies the highest permissible overall loss that traders can experience before their account is deemed in violation. Across all account sizes, a maximum loss limit of 8% (scalable up to 14%) applies.
- Maximum trading days represent the maximum period within which traders must achieve a specific profit target or withdrawal target. Phase 1 allows for a maximum trading period of 30 days, while Phase 2 extends the maximum trading period to 60 days.
- Third-party copy trading risk entails considering the potential consequences of utilizing a copy trading service provided by a third party. When relying on such services, traders should be aware that there may be other traders employing the same trading strategy through the third-party service. Consequently, utilizing a third-party copy trading service carries the risk of being denied a funded account or withdrawal if it exceeds the maximum capital allocation rule.
- Third-party EA risk involves acknowledging the potential risks associated with using a third-party Expert Advisor (EA). By utilizing a third-party EA, traders should be mindful that there may be other traders employing the same trading strategy through the same third-party EA. Thus, employing a third-party EA entails the risk of being denied a funded account or withdrawal if it exceeds the maximum capital allocation rule
E8 Track program accounts
The E8 Track program account provides traders with an opportunity to showcase their skills and manage account balances of up to $250,000, all at a more affordable rate compared to the E8 evaluation program accounts. During the three-phase evaluation process, traders are motivated to maintain consistent trading performance while using the E8 Track program account, which notably offers a leverage ratio of 1:100.
In the first phase of the E8 Track program, traders must achieve an 8% profit target within 30 calendar days from the initiation of their evaluation account. It’s vital to adhere to the 5% maximum daily loss and 8% maximum loss limits during this phase. There is no specific minimum trading days requirement to progress to the second phase.
Moving on to the second phase of the E8 Track program, traders are required to reach a 5% profit target within 60 calendar days from the start of their evaluation account. Similar to the first phase, traders are expected to stay within the 5% maximum daily loss and 8% maximum loss boundaries. No minimum trading days are mandated to advance to the third phase.
In the third phase of the E8 Track program, traders must achieve a 5% profit target within 60 calendar days from the initiation of their evaluation account, while maintaining the 5% maximum daily loss and 8% maximum loss limits. There’s no minimum trading days requirement to transition to a funded account.
Upon successfully completing all three evaluation phases, traders are granted a funded account, where profit targets are no longer applicable. However, it’s crucial to abide by the 5% maximum daily loss and 8% maximum loss rules. The first payout from the funded account is scheduled for 8 calendar days after the initial placement of trades, followed by subsequent withdrawals on a bi-weekly basis. The profit split for the funded account is 80%, based on the profits generated. Importantly, the maximum loss rule increases by 1% with each successful withdrawal, up to a maximum of 14%.
The E8 Track program accounts also offer a scaling plan identical to the E8 evaluation program account scaling plan. Traders can boost their account balance by requesting a profit split at the end of each trading period. When they receive an 80% profit split based on their earnings, the balance before the withdrawal is added back, contributing to an increase in the account size.
Example:
- You are trading a $250k account, and you make a 10% profit.
- Your account balance now is $275k.
- You request a profit split, meaning that you receive a payout of $20k (80% of the $25k profit made)
- Since you made a profit of $25k on your $250k account, you continue trading with $275k
Trading instruments for the E8 Track program accounts are forex pairs, commodities, indices, equities, and cryptocurrencies.
E8 Track program account rules
- The profit target represents a specific percentage of profit that traders are obligated to achieve to successfully conclude an evaluation phase, execute profit withdrawals, or expand their trading account. Phase 1 entails an 8% profit target, while both Phase 2 and Phase 3 require a profit target of 5%. It is important to note that funded accounts are exempt from profit target requirements.
- The maximum daily loss denotes the uppermost permissible level of loss that traders can incur on a daily basis before their trading account is deemed in violation. This maximum daily loss threshold is consistent across all account sizes, set at 5%.
- The maximum loss refers to the highest allowable cumulative loss that traders can experience before their trading account is considered in violation. Irrespective of account size, all traders must adhere to a maximum loss limit of 8% (which can be scaled up to 14%).
- The maximum trading days represent the maximum duration within which traders must meet specific profit targets or withdrawal targets. Phase 1 encompasses a maximum trading period of 30 days, while both Phase 2 and Phase 3 have a maximum trading period of 60 days.
- Third-party copy-trading risk arises when utilizing copy-trading services provided by external entities. Traders should be aware that such services may already be utilized by other traders, potentially employing identical trading strategies. Engaging in third-party copy trading services carries the risk of denial of funded accounts or withdrawals if the maximum capital allocation rule is exceeded.
- Third-party EA risk arises when using third-party Expert Advisors (EAs). Traders should consider that other traders may already be employing the same trading strategy through the identical third-party EA. Utilizing third-party EAs carries the risk of denial of funded accounts or withdrawals if the maximum capital allocation rule is surpassed.
What makes E8 different
E8 Funding distinguishes itself from other prominent proprietary firms through its three unique funding programs: E8 Evaluation, ELEV8, and E8 Track. Notably, E8 Funding stands out for its flexibility, allowing traders to engage in unrestricted trading activities, such as trading during news events, holding positions overnight, and even trading on weekends.
For E8 Evaluation and ELEV8 program accounts, E8 Funding follows a comprehensive two-phase evaluation process that traders must successfully navigate to qualify for payouts. In the initial phase, traders are expected to achieve an 8% profit target, followed by a reduced target of 5% in the subsequent phase. It’s important to note that E8 Funding implements rigorous risk management measures, including a maximum daily loss threshold of 5% and an overall loss limitation of 8%. Importantly, there are no minimum trading day requirements in either phase before traders become funded. Notably, the E8 Evaluation program accounts also feature a scaling plan, setting them apart from their industry counterparts. As a result, E8 Funding offers modest profit targets and eliminates the need for a minimum trading day obligation, distinguishing itself from other renowned proprietary firms.
E8 Funding’s extended evaluation program accounts involve a two-phase evaluation process, requiring traders to successfully complete both phases to qualify for payouts. The first phase involves achieving an 8% profit target, while the second phase mandates a 5% profit target. Traders are expected to adhere to maximum daily loss and maximum loss regulations, set at 5% and 10% respectively. Additionally, a minimum trading duration of 5 days per phase must be fulfilled before attaining funded status. E8’s evaluation program accounts are noteworthy for their scaling plan and stand out from other leading proprietary firms in the industry due to their comparatively modest profit targets and average drawdown restrictions.
The E8 Track program at E8 Funding involves a comprehensive three-phase evaluation process that traders must successfully complete to qualify for payouts. Each phase comes with specific profit targets, with the first phase requiring an 8% profit target and phases two and three mandating a 5% profit target. The program enforces strict rules regarding daily losses, capping them at 5%, and overall losses, limited to 8%. Remarkably, the E8 Track program differentiates itself from other prominent proprietary firms by offering traders an advantageous scaling plan and more accessible pricing. It also features relatively lower profit targets and does not impose minimum trading day requirements. This lenient approach enables traders to pursue funding with greater flexibility and efficiency compared to their industry counterparts.
In summary, E8 Funding sets itself apart from other leading proprietary firms by providing three distinct funding programs. Additionally, it offers traders a flexible trading framework with minimal restrictions, exemplified by the absence of minimum trading day requirements, enabling traders to secure funding promptly, sometimes even within a single day.
Is getting capital realistic
When assessing proprietary trading firms that align with your forex trading style, it’s essential to evaluate the feasibility of their trading requirements. While a company may seem attractive by offering a substantial profit split on a well-funded account, it’s crucial to scrutinize whether they impose high monthly percentage gains along with minimal maximum drawdown percentages. This combination significantly reduces the likelihood of achieving success.
Acquiring capital through the standard E8 evaluation and ELEV8 program accounts is generally achievable because of their relatively modest profit goals of 8% in phase one and 5% in phase two. Additionally, these accounts follow rules that are slightly below average for maximum daily losses, which are capped at 5%, and maximum overall losses at 8%.
Obtaining capital from the extended E8 evaluation program accounts also remains within reasonable limits due to the relatively low-profit targets of 8% in phase one and 5% in phase two. These accounts adhere to average rules for maximum daily losses, set at 5%, and maximum overall losses capped at 10%.
Receiving capital through E8 Track program accounts is a viable option since they feature relatively modest profit targets of 8% in phase one, 5% in phase two, and phase three. Additionally, these accounts maintain average rules for maximum daily losses, set at 5%, and maximum overall losses limited to 8%.
Considering all of these factors, E8 Funding stands out as an excellent choice for securing funding as it offers three distinct funding programs that establish realistic trading objectives and payout conditions.
Proof of payment: E8 Funding was established on November 5, 2021. After receiving funding, traders are eligible for bi-weekly payouts with no minimum profit targets.
Which brokers does MyFundedFX use
E8 Funding utilizes a unique trading strategy, sidestepping traditional brokerage firms and instead directly connecting with a Tier-1 Liquidity Provider. This approach grants them the advantages of Direct Market Access, leading to favorable conditions such as commission-free trading, narrow spreads, and flawless execution through their E8 MT4 Server.
Regarding trading platforms, E8 Funding offers the choice to engage in trading using both Meta Trader 4 and MetaTrader 5, delivering traders a versatile and widely recognized set of trading tools.
Trading Options: E8 Funding provides the opportunity to trade a range of financial instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies, all with a leverage of 1:100.
Commission examples:
Forex:
Let’s assume that you open 10 lots for EUR/USD, the current ASK price (for a buy order) is 1.1, the commission is 0.005 % and the size of each lot is 100 000.
The equation is 0,00005 * (10* 1.1 *100 000) = 55 $
If you are using non /USD pairs, you also need to divide it by the exchange rate of the currency.
For example, if you wish to open trade for GBP/JPY and you want to know what is a commission in USD price, the calculation would look like this:
(10 ( positions size) * 100000 (size of each lot) * 163.365 price * 0.00005 (0,005 % commission) ) / 134.975 (USDJPY rate )
Stocks
For AAPL, the commission rate stands at 0.3%. To illustrate, let’s consider the scenario where you intend to purchase one lot, which corresponds to a single AAPL (lot size). In this case, you would multiply the current ASK price of the instrument (approximately $139.68 for AAPL) by the commission rate.
The calculation can be expressed as follows: 0.003 * 139.68 * 1 * 1 = $0.41904.
It should be noted that E8 Funding’s trading instrument commissions are all determined as a percentage based on the prevailing price at the specific moment of the transaction. To obtain comprehensive information on the trading instrument specifications, you can refer to the E8X Public Symbols Dashboard provided by E8 Funding.
Education and Support
E8 Funding’s official website lacks educational resources or materials. Nevertheless, there is an active discussion thread on Forex Factory where users can converse about the company and its various attributes. Additionally, there is a prominent Forex Factory thread titled “PROP FIRM HUB” initiated by a user named MasterrMind, which extensively discusses E8 Funding.
Moreover, E8 Funding distinguishes itself from other prop firms by offering a unique feature: a free trial before starting the Evaluation Process. This valuable opportunity enables individuals to prepare adequately and reduce the risk of making errors.
Furthermore, they provide their valued clients with a thoughtfully designed dashboard, ensuring convenient access to effectively manage risk in accordance with their predefined statistical goals.
For any inquiries regarding missing information, the E8 Funding website features a FAQ page that may provide the answers you seek. In addition, their dedicated support team can be reached through various channels, such as their social media platforms, or via direct email communication at support@e8funding.com.
To ensure prompt assistance, their live chat support team is accessible during the following operating hours: Monday to Friday, from 7 AM to 6 PM CST, and on weekends from 11 AM to 2 PM CST
Clients review
E8 Funding has received overwhelmingly positive reviews, with Trustpilot showcasing a robust community of engaged members who contribute positive feedback. This has resulted in an impressive score of 4.7 out of 5 based on 846 reviews. Furthermore, E8 Funding offers efficient and reliable customer support, ensuring that users have access to essential information and have their questions addressed promptly.
Additionally, users have highlighted the presence of fair and affordable challenges as a notable benefit, along with an enthusiastic owner who actively engages with the community. The majority of the community commends E8 Funding for its well-organized dashboard and the swift responsiveness of their customer support team.
Social media stats
E8 Funding can also be found on social media.
They have a:
- Instagram account with 18,5k followers,
- Facebook page with 1,3k followers,
- Twitter account with 786 followers,
- Youtube channel with 422 subscribers and no uploaded videos yet,
- Telegram account with 2,962 subscribers.
Conclusion
In a nutshell, E8 Funding stands as a well-regarded proprietary trading company that presents traders with a choice among three distinct funding programs: E8 evaluation, ELEV8 program, and E8 Track programs.
Both the standard evaluation and ELEV8 programs adhere to the industry-standard two-phase evaluation process. Successful completion of these phases is a prerequisite for securing funding and becoming eligible for profit sharing. To secure funding, traders are required to attain profit targets of 8% in the first phase and 5% in the second phase. These targets are feasible objectives, particularly when considering the adherence to rules such as a maximum daily loss limit of 5% and a maximum loss limit of 8%. Additionally, participants in these programs have the opportunity to earn 80% profit splits and expand their trading accounts.
The extended evaluation programs also follow the industry-standard two-phase evaluation structure. Similar to the standard programs, traders must achieve profit targets of 8% in the first phase and 5% in the second phase to secure funding. These objectives align with realistic trading expectations, given the 5% maximum daily loss limit and 10% maximum loss limit. Successfully completing the extended evaluation programs enables traders to earn 80% profit splits and expand their trading accounts.
On the other hand, E8 Track programs distinguish themselves with a three-phase evaluation process. To obtain funding and qualify for profit sharing, traders must meet profit targets of 8% in the first phase, 5% in the second phase, and in the third phase. These targets are consistent with realistic trading objectives, taking into account the 5% maximum daily loss limit and 8% maximum loss limit. Completing the E8 Track programs allows traders to earn 80% profit splits and offers them the opportunity to expand their trading accounts.
Considering the clear and favorable trading rules and conditions provided by E8 Funding, I highly recommend this proprietary firm to individuals in search of a trustworthy trading platform. Despite being relatively new, they have established themselves as one of the leading proprietary firms in the industry, catering to a diverse range of traders with unique trading styles.
