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Overview of E8 Funding Forex Prop Firm

TheTrustedProp
Date: May 11, 2024

E8 Funding is a renowned name in the world of trading and investment. This article will provide you with a comprehensive overview of E8 Funding, including key company details, its evaluation program, account options, and more. So, let's dive in and explore what makes E8 Funding stand out in the world of prop trading.

Company Details

Name: E8 Funding
Legal Name: E8, Funding LLC.
CEO: Dylan Elchami
Started in: 2021
Registered in: Dallas, TX, and Prague, the Czech Republic

E8 Funding is not just another trading company; it's a team of traders with a passion for discovering hidden talent in the global trading community. The company has painstakingly developed unique evaluation programs and user-friendly trading platforms, enabling traders to learn, earn, and trade from anywhere in the world.

Evaluation Program

E8 Funding Evaluation Program and its Phases

The heart of E8 Funding's offering is its evaluation program. This program is designed to identify serious and talented traders and reward them for their consistency. Here's a closer look at this program:

Phase 1

In Phase 1, traders are required to reach a profit target of 8%. They must not exceed a 5% maximum daily loss or 8% maximum loss. Achieving the profit target within 30 calendar days is the goal. Notably, there are no minimum trading day requirements to proceed to Phase 2.

Phase 2

Phase 2 mandates traders to reach a profit target of 5% while adhering to the 5% maximum daily loss or 8% maximum loss rules. This phase allows 60 calendar days to achieve the profit target, and like Phase 1, there are no minimum trading day requirements to move to a funded account.

By successfully completing both evaluation phases, traders become eligible for funded accounts. These funded accounts come with no profit targets, but traders must continue to respect the 5% maximum daily loss and 8% maximum loss rules.

Account Sizes

E8 Funding offers traders four different evaluation program account sizes to choose from:

  • $25,000
  • $50,000
  • $100,000
  • $250,000

All these account sizes come with the same conditions, making it flexible for traders to select the one that suits them best.

Other Details

Maximum Initial Balance

One standout feature of E8 Funding is the maximum initial balance, which is scalable up to $1.0M+. This allows traders to grow their account significantly over time.

Trading Platforms

E8 Funding provides access to the industry's most trusted trading platforms, including MT4 and MT5. These platforms offer a robust trading experience for traders of all levels.

Drawdown Scaling

E8 Funding's drawdown scaling plan is innovative and allows traders to scale their account balance and overall drawdown with each successful withdrawal. This can go up to 14% overall, providing traders with the opportunity to maximize their profits.

Minimum Trading Days

E8 Funding breaks the norm by not imposing any minimum trading day requirements. Traders can complete their evaluation stages and start earning from their E8 account on the same day.

E8 Funding - Future of Forex Trading

E8 Funding is not just a trading company; it's a community of traders striving to elevate the trading experience. Here's why you should consider E8 Funding:

Innovative Dashboard Experience

E8 Funding offers an all-in-one analytics solution in an easy-to-use dashboard, optimized for all devices. This allows traders to track their progress conveniently.

Fast Setup

With E8 Funding, you'll experience the quickest setup. Once you sign up for an account, you'll receive your trading credentials instantly, so you can start trading without delay.

Transparent and Reliable

E8 Funding prides itself on transparency and honesty. It's a U.S. based company that believes in doing what it says, without any tricks or games.

E8 Trader

As a trader with E8 Funding, you not only sharpen your skills in risk management but also have the chance to earn while you learn. You can also become an E8 Talent Hunter and earn a commission from your first affiliate sale.

 

In conclusion, E8 Funding offers a unique and transparent approach to prop trading, empowering traders to reach their full potential while enjoying a host of benefits and flexibility. It's an ideal choice for traders looking to grow their trading career with a reputable partner.

FAQs

Yes, you are free to trade news events on the E8 Trader account and during Phase-1 and Phase-2 of the evaluation for E8 and E8 Track. However, be aware of the risks associated with slippage.

Absolutely! E8 Funding offers a free trial account for traders to experience what it's like to trade with them. You can test trading conditions and access the E8X dashboard with simulated live market conditions.

No, E8 Funding does not allow traders to copy trades or trade as a team. Each trader is expected to have their own trade strategy.

Yes, you are free to use any indicator or expert advisor you wish. E8 Funding does not limit or restrict your trading strategy.

E8 Funding accepts clients from all over the world, but traders must undergo Plane KYC to receive profits.

Yes, you can hold trades over the weekends on all E8 Accounts, including E8 Trader accounts. However, be cautious of market gaps and associated risks.

Clients can trade Forex, Commodities, Indexes, and Cryptocurrencies with E8 Funding.

Yes, you are allowed to hold trades overnight, but be mindful of market conditions during rollovers.

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