- Excellent Trustpilot rating of 4.8/5
- Two unique sponsorship programs
- Customizable reviews
- Try it for free
- Dashboard for professional traders
- A large variety of trading instruments (Forex pairs, commodities, indices, cryptocurrencies)
- Account currencies USD, EUR and GBP
- Leverage up to 1:50
- There are no minimum and maximum trading day requirements
- Scale expansion plan
- Maximum withdrawal rate up to 14%
- First payment after 8 days
- Payouts every two weeks
- 80% profit sharing
- Overnight & weekend holding allowed
- News trading is allowed
- Affordable E8 tracking program
- The E8 Tracking Program has balance-based disbursements
- The E8 account has equity-based drawdowns
- The initial maximum withdrawal is 8%
I. Prop Firm information
What is E8 Funding?
E8 Funding full name E8 Funding LLC is a US-based funding company, founded in May 2021.
E8 Funding is looking for the best traders in the world
E8 Funding's headquarters is located at 100 Crescent Ct, Unit 700, Dallas, TX 75201, United States.
Who is the CEO of E8 Funding?
Contact Info
Website: https://e8funding.com
Email: support@e8funding.com
Address: 100 Crescent Ct, Unit 700, Dallas,TX 75201, United States
II. Prop Firm products
Currently, E8 Funding offers 3 types of accounts:
– Pro Account (1-Step)
– E8 Account (2-Step)
– E8 Track account (3-Step)
a. Evaluation phase
The evaluation phase has a single challenge round with the following requirements:
– Profit target is 8%.
– Maximum daily profit limit is 2%.
– Minimum number of trading days is 4 days.
– Unlimited time.
– Daily trading stop limit is 2%.
– Account decline limit is 8%.
For example:
You join with a $100,000 account.
Round 1 profit target is $8,000 (8%).
Maximum profit limit in 1 day is $2,000 (2%).
If you make a profit greater than $2,000, E8 will only record a profit of $2,000.
The 1-day stop out limit is $2,000 (2%).
For example, the account starts the day with Balance = $101,000.
$101,000 – $2,000 = $99,000.
During the day, if you let your account drop below $99,000, your account will be stopped from trading, you can continue trading the next day.
Note: The daily trading stop limit is reset at 0:00 UTC +3 or 4:00 am Vietnam time.
Limit on account decline is $8,000 (8% of initial capital).
$100,000 – $8,000 = $92,000
In any case, you are not allowed to let your account's Equity drop below $92,000, otherwise your account will be suspended and lead to failure.
b. Funding phase
After completing 1 round of challenges you will receive a funding account. On the funding account you need to remember the following rules:
– Daily profit limit is 2%.
– Daily trading stop limit is 2%.
– Account decline limit of 8%.
The funding account is a demo account, this is how E8 manages risk, E8 will pay out any profits you achieve.
You will receive 80% of the profits you generate on your funding account
2. E8 Account (2-Step)
E8 Account accounts will have 2 rounds of challenges during the evaluation period
Note: E8 Funding has no refund policy.
E8 Account funding process
a. Evaluation phase
The 2 rounds of challenges in the evaluation phase have the following requirements:
Round 1 (Phase 1)
– Profit target is 8%
– Minimum number of trading days is 1 day
– Unlimited time
– Daily decline limit is 4%
– Account decline limit is 8%.
Round 2 (Phase 2)
– Profit target is 4%
– Minimum number of trading days is 1 day
– Unlimited time
– Daily decline limit is 4%
– Account decline limit is 8%.
Example of comparison between E8 Funding & Funded Trading Plus (Advanced)
Example of comparison between E8 Funding & FundedNext (Stellar)
b. Funding phase
After completing 2 rounds of challenges you will receive a funding account with no profit target required.
There are 2 main rules you need to pay attention to:
– Daily decline limit of 4%
– Account decline limit of 8%.
The funding account is a demo account, this is how E8 manages risk, E8 will pay out any profits you achieve.
You will receive 80% of the profits you generate on your funding account.
Withdrawal policy
The first withdrawal is eligible after 8 days from the first transaction on the funding account. The participation fee will be refunded on the first withdrawal.
Subsequent withdrawals are 14 days after the previous withdrawal and require a minimum amount of $50.
To make a withdrawal request, you just need to operate on the E8 dashboard.
E8's processing time for your withdrawal request is about 1-2 business days.
Withdrawal method
Capital expansion policy
Whenever, you achieve a minimum profit of 10%, your account will be expanded by 10%.
3. E8 Track account
The difference between the E8 Track account and the E8 Account is that you have to pass 3 rounds of challenges to receive a funding account. In return, the E8 Track has lower fees than the E8 Account.
Note: Fees will not be refunded.
Overall, the E8 Track would be the choice if you want to take on the low-cost financing challenge
a. Evaluation phase
Evaluation phase requirements are as follows:
Round 1 (Phase 1)
– Profit target is 8%
– Minimum number of trading days is 1 day
– Unlimited time
– Daily decline limit is 4%
– Account decline limit is 8%.
Round 2 (Phase 2)
– Profit target is 4%
– Minimum number of trading days is 1 day
– Unlimited time
– Daily decline limit is 4%
– Account decline limit is 8%.
Round 3 (Phase 3)
– Profit target is 4%
– Minimum number of trading days is 1 day
– Unlimited time
– Daily decline limit is 4%
– Account decline limit is 8%.
Ví dụ về so sánh giữa E8 Funding & The5ers
b. Funding phase
On a funding account, there are two main rules you need to remember:
– Daily decline limit is 4%
– Account decline limit is 8%.
You get 80% profit on E8 Track funding account.
Withdrawal policy, withdrawal method
Similar to E8 Account
Expansion policy
Similar to E8 Account
Note: E8 Track accounts only trade on the MT5 platform.
III. Frequently asked questions
What is E8's anti-gambling policy?
Details of E8's anti-gambling policy can be found here.
Does E8 have a free trial account?
Yes, you just need to create a User account, then you can use E8's free trading account.
You will have access to the E8X dashboard and all the features of a real account which allows you to experience exactly like a real review account when you pay.
With a free account the profits generated are not eligible for payout.
Free account usage period is 14 days
What happens when I pass the E8 assessment period?
When you pass round 1,2 or round 3, E8 will immediately begin evaluating your account for meeting all requirements without violating any rules..
After review, E8 will grant you an account until the next round or allocate a funding account corresponding to the capital you have registered..
What happens when I violate the rules on my funding account?
If a violation occurs on the account, the account will be disabled.
You need to pay if you want to participate in the next funding challenge.
Can I hold trades overnight and through the week?
Yes, you are allowed to hold trades overnight and through the week.
Can I trade on news?
You can still trade the news and it will not be a direct violation, however during the news release there is often slippage and strong market volatility which can cause you to violate the drawdown rule.
Therefore, you should avoid trading during news releases.
Can I trade using EA?
Yes, you can use any indicator. E8 does not limit or restrict your trading strategy, whether it is discretionary trading, hedging, algorithmic trading or EA trading.
As long as your trades are legal, consistent with real market conditions, and E8 can copy your trades with their live accounts, there are no limitations to trading styles or strategies.
However, E8 allows EAs to be developed by you personally, E8 does not allow EAs to be used by multiple traders, as this is how E8 diversifies risk..
Can I copy my own trades?
Yes, you can copy your own trades.
This means you can copy from another funding company's account, your personal account or an external source as long as the accounts are owned by you and you trade yourself.
On the other hand, you are not allowed to copy trades from others, using 3rd party signal services, otherwise your account will be terminated.
Can I have multiple accounts? What is the maximum amount of capital I can manage?
E8 does not limit the number of accounts as long as the maximum total capital does not exceed $400,000.
What is the account leverage of E8?
E8 provides leverage on specific accounts as follows:
– Currency (forex) is 1:100.
– Commodities and Indices are 1:50.
– Cryptocurrency (Crypto) is 1:5.
Can I trade cryptocurrency on weekends?
No, because the servers are closed on weekends.
Which broker does E8 use?
E8 accounts are provided by broker Purple Trading SC
What trading platforms does E8 provide?
Currently, E8 uses the MTR platform.
What products can I trade?
You can trade:
– Forex (currencies) – Commodities – Indices – Equities (stocks) – Cryptocurrencies
How long will it take to receive my E8 account after I make a payment?
As soon as E8 receives the payment, they will send your account information via email.
Can I request a refund if I do not want to participate?
You can request a refund within 30 days of registration, provided that you have not made any trades on the account E8 provided to you.
What payment methods are available for E8 fees?
The payment methods for E8 fees include:
– Credit/Debit cards (Visa, MasterCard) – Crypto
Which broker does E8 Funding use?
E8 Funding does not trade with any popular brokerage brands. They partner with a tier 1 liquidity provider that offers the best simulated real market trading conditions.
What products am I allowed to trade?
Phí giao dịch
Reviews On Trustpilot
On Trustpilot , E8 Funding there are a lot of comments and provide positive feedback about the company's services. The company achieved an impressive rating of 4.7/5 from a large group of 1,747 reviews. Notably, 91% of these reviews awarded E8 Funding the highest rating of 5 stars..
Social media statistics
E8 Funding can also be found on many social media platforms
IV.Account registration process
Conclusion
In summary, E8 Markets is a reputable and reliable proprietary trading firm that offers three funding programs:
1.E8 Account (Two-Step Evaluation):
- Process: Complete two stages to qualify for a funded account.
- Profit Targets: 8% in phase one and 4% in phase two.
- Risk Rules: Maximum daily loss of 4% and a total loss of 8%.
- Time Limits: No minimum or maximum trading days required.
- Benefits: Scaling plan to increase the initial account balance.
- Profit Sharing: 80%.
2.Pro Account (One-Step Evaluation):
- Process: Complete one stage to qualify for a funded account.
- Profit Target: 10%.
- Risk Rules: Maximum daily loss of 4% and a total loss of 6%.
- Time Limits: No minimum or maximum trading days required.
- Benefits: Scaling plan to increase the initial account balance.
- Profit Sharing: 80%.
3.E8 Track Account (Three-Step Evaluation):
- Process: Complete three stages to qualify for a funded account.
- Profit Targets: 8% in phase one, 4% in phases two and three.
- Risk Rules: Maximum daily loss of 4% and a total loss of 8%.
- Time Limits: No minimum or maximum trading days required.
- Benefits: Scaling plan to increase the initial account balance.
- Profit Sharing: 80%.
Key Features of E8 Funding:
- Withdrawal rates.
- Unlimited trading time.
- No minimum trading days required.
- First withdrawal possible after just 8 days.
- Affordable E8 Track evaluation.
- Option to customize a two or three-step process
This fund restricts Vietnamese traders, so you should also limit your exams!
What is your personal opinion about E8 Funding and the services they provide? Do they suit the trading conditions and services you are looking for?
CONTACT US
If you have any questions or concerns, please contact us via the following information:
- Email address: propfirmchannel@gmail.com
- Điện thoại: +84925.012.777 - +8429.9999.3333
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