Who Are E8 Funding?
From its very foundation, E8 Funding has been driven by a clear vision—to provide traders with a platform that transcends geographical boundaries, offering a pathway to financial empowerment and success. By establishing a global presence while having roots in key financial centers, E8 Funding creates an environment that thrives on diversity, innovation, and collaboration.
E8 Funding emerges as a trailblazing prop firm that has been making waves since its inception on November 5th, 2021. Setting themselves apart in the competitive trading landscape, E8 Funding takes pride in being among the pioneers of prop firms located right in the heart of the United States. This strategic location positions them uniquely to offer their funding opportunities to traders worldwide. With offices situated in Dallas and Texas in the USA, as well as a presence in Prague, Czech Republic, E8 Funding combines global outreach with a local touch.
- Maximum balance of $1,000,000
- Scaling account option
- News trading allowed
- Overnight and weekend holding allowed
- Profit share 80%
- Leverage 1:50
- Bi-weekly payouts
- Problems with slippage
- 5% daily drawdown
What Are The Options For Funded Accounts?
E8 Funding extends a diverse array of funded account options to empower traders on their path to success. With a focus on flexibility and suitability, E8 Funding presents three distinctive programs that cater to varying trading styles and preferences. Each program is meticulously designed to offer traders an avenue to prove their skills, manage capital, and attain funded status. Let’s delve into the details of these programs:
E8 Evaluation Program Accounts
E8 Funding’s E8 Evaluation Program offers traders an opportunity to showcase their trading prowess through three distinct tiers: Normal E8 Evaluation Program Accounts, Extended E8 Evaluation Program Accounts, and ELEV8 Program Accounts. Each tier presents its own set of requirements and benefits, ensuring that traders can select the path that aligns with their strengths and goals.
Normal E8 Evaluation Program Accounts:
- Evaluation Phase One: Achieve an 8% profit target while adhering to a 5% maximum daily loss and 8% maximum loss rules. No minimum or maximum trading day requirements during Phase One.
- Evaluation Phase Two: Achieve a 5% profit target while maintaining a 5% maximum daily loss and 8% maximum loss rules. No specific trading day requirements during Phase Two.
- Funded Account: Upon successfully completing both evaluation phases, traders are awarded a funded account with no profit targets. Adhere to a 5% maximum daily loss and 8% maximum loss rules.
Extended E8 Evaluation Program Accounts:
- Evaluation Phase One: Reach an 8% profit target while staying within a 5% maximum daily loss and 10% maximum loss rules. Trade a minimum of five trading days to proceed to Phase Two.
- Evaluation Phase Two: Achieve a 5% profit target while adhering to a 5% maximum daily loss and 10% maximum loss rules. Trade a minimum of five trading days to proceed to funded status.
- Funded Account: Successfully completing both evaluation phases leads to a funded account with no profit targets. Respect a 5% maximum daily loss and 10% maximum loss rules.
class=”p1″>ELEV8 Program Accounts:
- Evaluation Phase One: Attain an 8% profit target within 30 calendar days, staying within a 5% maximum daily loss and 8% maximum loss rules. No minimum trading days requirement for Phase One.
- Evaluation Phase Two: Achieve a 5% profit target within 60 calendar days, adhering to a 5% maximum daily loss and 8% maximum loss rules. No minimum trading days requirement for Phase Two.
- Funded ELEV8 Account: Completing both evaluation phases leads to a funded ELEV8 account with no profit targets. Follow a 5% maximum daily loss and 8% maximum loss rules.
Each funded account type comes with a scaling plan, enabling traders to increase their balance by requesting profit splits at the end of each trading period. This scaling plan allows traders to amplify their account size based on their performance.
In summary, E8 Funding’s diverse funded account options offer traders a tailored pathway to trading success. With different tiers catering to varied goals and trading strategies, E8 Funding ensures that traders can thrive while adhering to transparent profit targets, loss limits, and time requirements. This variety exemplifies E8 Funding’s commitment to providing traders with a comprehensive platform that supports their journey towards consistent profitability.
What Sets E8 Funding Apart From Other Proprietary Trading Firms?
One of the most remarkable features that sets E8 Funding apart is its unparalleled trading flexibility. Unlike many other prop firms, E8 Funding places almost no restrictions on your trading style. Traders have the freedom to trade during news releases, hold positions overnight, and even over the weekends. This level of flexibility empowers traders to execute their strategies with ease and precision, ensuring they can make informed decisions without limitations.
Comprehensive Evaluation Phases
Both the E8 Evaluation and ELEV8 programs consist of two phases of evaluation, whereas the E8 Track program boasts a three-phase evaluation process. These multi-phase evaluations are designed to identify consistent and talented traders, rewarding them as they progress through the evaluation periods. With profit targets of 8% in the first phase and 5% in the subsequent phases, traders are encouraged to showcase their skills while adhering to maximum daily and maximum loss rules.
Low Profit Targets, High Potential
E8 Funding sets itself apart from its peers by offering lower profit targets in comparison to many other industry-leading prop firms. This distinct approach provides traders with a realistic pathway to success. While some firms might demand aggressive profit targets, E8 Funding strikes a balance by offering achievable goals that promote steady and consistent growth.
Scalability and No Restrictions
Each of E8 Funding’s funding programs comes with a scaling plan, enabling traders to build their accounts by requesting profit splits at the end of trading periods. This scalability allows traders to grow their accounts based on their performance, contributing to a sense of continuous progress.
Transparent and Relaxed Trading Rules
E8 Funding sets a new standard in transparency by allowing traders to operate with almost no trading day restrictions – there are no minimum or maximum trading day requirements. This means traders can progress at their own pace, whether they aim to achieve funded status swiftly or prefer a more measured approach.
E8 Funding stands out in the realm of proprietary trading firms by providing a selection of well-crafted funding programs that cater to various trading styles. The emphasis on trading flexibility, realistic profit targets, and scalable growth ensures that traders have the tools and opportunities they need to succeed. E8 Funding’s commitment to offering traders a unique and effective path towards funded status makes it a standout choice for those seeking a prop trading experience that prioritizes individuality and performance.
Is Getting Funded On E8 Funding Realistic?
In the pursuit of securing funded accounts, it’s paramount for traders to assess the feasibility of meeting the trading requirements set forth by prospective prop firms. The allure of high profit splits and substantial capital can sometimes be offset by unattainable profit targets and restrictive drawdown limits. Therefore, understanding the practicality of a firm’s trading objectives is a crucial step towards a successful trading journey.
One of the cornerstones that sets E8 Funding apart is their establishment of realistic trading objectives. In the first phase of their funding programs, traders are tasked with achieving an 8% profit target. Subsequent phases require a 5% profit target. These targets are carefully calibrated to strike a balance between ambition and sustainability, recognizing that steady, consistent performance over time is a more practical measure of trading success than aggressive, short-term gains.
E8 Funding also distinguishes itself through its balanced approach to risk management. Maximum loss rules of 5% for daily losses and 8% (which can be scaled to 14%) for overall losses offer traders room for maneuvering while still emphasizing prudent risk control. This equilibrium is integral to maintaining a sound trading strategy and preventing exposure to excessive market volatility.
E8 Funding’s commitment to providing a range of funding programs with achievable profit targets, balanced risk management, and flexibility in trading styles solidifies its reputation as a reliable choice for traders seeking funded accounts. With E8 Funding, the pursuit of funded status is not only realistic but also aligns with the core principles of sustainable and profitable trading.
Payment Proof
What broker does E8 Funding use?
E8 Funding offers compatibility with two renowned platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are synonymous with comprehensive tools, customizable interfaces, and a host of features that cater to both novice and experienced traders. E8 Funding’s choice of trading platforms reflects their commitment to offering traders the tools they need to navigate the markets effectively.
In essence, E8 Funding’s approach to trading platforms and Direct Market Access speaks volumes about their dedication to pushing boundaries and delivering a trading experience that’s not just novel, but also tailored to enhance traders’ capabilities. This strategic departure from the norm underscores their mission to redefine how traders interact with financial markets, ensuring that they have every advantage at their disposal to succeed in the dynamic world of trading.
E8 Funding Customer Support and Help
Email: support@e8funding.com
Social Media Profiles
- Instagram profile with 29.3k followers
- Twitter account with 25k followers
- Youtube channel has 1.89k subscribers with 0 videos.
- Facebook page with 1,100 followers
- Telegram channel has 4,863 followers
E8 Funding Trust Pilot Reviews
E8 Funding has a received great customer feedback from its traders on Trust Pilot. With an overall score of 4.7 out of 5 from 1,286 reviews.
Conclusion
E8 Funding shines as a prop trading firm that’s rewriting the rules. With their bold move of bypassing traditional broker brands and opting for a Tier-1 Liquidity Provider, they’re giving traders the ultimate Direct Market Access experience. No commissions, low spreads, and flawless execution? It’s a trader’s dream come true.
E8 Funding isn’t just a prop firm; it’s a mindset. It’s a new era where traders hold the reins, equipped with cutting-edge tools and a partner in success. Whether you’re a trailblazing newbie or a seasoned market pro, E8 Funding is all about making your trading journey uniquely yours.
In a world full of suits and ties, E8 Funding stands out in jeans and sneakers. It’s modern. It’s daring. It’s the prop trading firm that’s got your back while you carve your own path. So, if you’re looking for a game-changer, a rule-breaker, and a partner in your trading journey, E8 Funding is here to make your mark in the world of trading.
FAQ’s
E8 Funding, a pioneering proprietary trading firm, entered the trading landscape with a vision of transcending geographical boundaries and fostering financial empowerment. Established on November 5th, 2021, it has quickly made its mark. While E8 Funding is relatively new, its presence in key financial centers, including Dallas, Texas, and Prague, Czech Republic, underscores its commitment to credibility and global outreach. Traders should conduct their due diligence to assess its legitimacy, keeping in mind that it is a newer entrant to the industry.
The specific timeframe for E8 Funding withdrawals can vary depending on factors such as your chosen withdrawal method and the firm’s internal processing. It’s advisable to contact E8 Funding directly or review their withdrawal policies for precise information regarding withdrawal processing times.
E8 Funding offers traders an attractive profit share of 80%. This means that traders who successfully complete the evaluation phases and are awarded funded accounts retain 80% of the profits they generate, while the remaining 20% is retained by E8 Funding as part of the profit-sharing arrangement.
As of the available information, E8 Funding’s primary focus appears to be on its evaluation programs and providing funded accounts to traders based on their performance. There is no specific mention of copy trading being offered. Traders interested in copy trading may want to explore other platforms or inquire directly with E8 Funding for any updates or additional features.
E8 Funding implements trading rules to manage risk and protect traders. While the specific maximum drawdown may vary depending on the chosen account type and evaluation phase, traders are typically required to adhere to rules such as a 5% maximum daily drawdown and specific maximum loss limits during the evaluation phases. These rules are in place to help traders manage risk and prevent significant drawdowns that could jeopardize their progress in the evaluation program. It’s essential for traders to review the specific rules and requirements associated with their chosen account type for precise details on maximum drawdown limits.
