E8 Funding Logo

E8 Funding

4.3

E8 Funding offers unique funding opportunities for professional traders who want to manage our capital remotely from anywhere in the world. We provide access to tier-1 liquidity and strive to be the top proprietary trading firm in the world. Our innovative ideas aim to provide traders with the best funding experience possible.

Overview

Fees
4.2
Deposit and Withdrawal
4.2
Trust Score
4.4
Customer Support
4.4
Trading Platform

MT4, MT5

Deposit Methods

Bitcoin, Visa

Withdrawal Methods

Bank Transfer, Bitcoin, Payoneer, Revolut, Wise

Account Size

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

Tradable Instruments

Commodities, Crypto, Forex, Indices, Metals

Brokers

Partnered with a Liquidity Provider who gives Direct Market Access

Leverage

1:100

Maximum Capital Allocation

$1,000,000

Pros

Free Trial
Excellent Trustpilot rating of 4.9/5
Unlimited evaluation free retries
Maximum balance of up to $1,000,000
Profit share 80%
Bi-weekly payouts
Overnight and weekend holding allowed
News trading allowed
Scaling account option
Leverage 100:1
A large variety of trading instruments (forex pairs, commodities, indices, equities, cryptocurrencies)
1 Minimum trading day on evaluation phases
Professional trading dashboard

Cons

5% Maximum daily floating loss

Who are E8 Funding?

E8 Funding is a proprietary company founded on November 5, 2021. Based in the USA, with offices in Dallas, Texas, and Prague, Czech Republic, they offer traders worldwide funding of up to $1,000,000 with an 80% profit split. E8 Funding is partnered with a top-tier liquidity provider who provides direct market access as their broker.

Challenges Introduction

E8 Funding offers traders three different programs to choose from: E8 evaluation program accounts, ELEV8 program accounts, and E8 Track program accounts. The E8 evaluation program is designed to identify serious and talented traders who are rewarded for their consistency in the two-phase evaluation period.

In the first phase, traders must reach a profit target of 8% without surpassing their 5% daily loss limit or 8% maximum loss rules. They have 30 calendar days from the day they place their first position on the evaluation account to hit the profit target. There is no minimum number of trading days required to move to phase two.

In the second phase, traders must reach a profit target of 5% without surpassing their 5% daily loss limit or 8% maximum loss rules. They have 60 calendar days from the day they place their first position on the evaluation account to hit the profit target. There is no minimum number of trading days required to move to a funded account.

Upon completing both evaluation phases, traders are awarded a funded account with no profit targets. They must only respect the 5% daily loss and 8% maximum loss rules. Their first payout is 8 calendar days from the day they place their first position on their funded account, and all other withdrawals can be submitted on a bi-weekly basis. The profit split is 80%, based on the profit made on the funded account. Note that the maximum loss rule increases by +1% with each successful withdrawal, up to a maximum of 14%.

Phase 1
Challenge
Phase 2
Verification
Phase 3
Funded
Trading Period
30 Days
60 Days
Indefinite

-

Minimum Trading Days
0 day
0 day
X

-

Trading Leverage
1: 100 Maximum Leverage

-

Maximum Daily Loss
$1,250
$1,250
$1,250

-

Maximum Initial Deposit Drawdown
$2,000
$2,000
$2,000

-

Profit Target
$2,000
$1,250
$1,250

-

Refundable Fee
$138
None
Refund

-

Phase 1
Challenge
Phase 2
Verification
Phase 3
Funded
Trading Period
30 Days
60 Days
Indefinite

-

Minimum Trading Days
0 day
0 day
X

-

Trading Leverage
1: 100 Maximum Leverage

-

Maximum Daily Loss
$2,500
$2,500
$2,500

-

Maximum Initial Deposit Drawdown
$4,000
$4,000
$4,000

-

Profit Target
$4,000
$2,500
$2,500

-

Refundable Fee
$208
None
Refund

-

Phase 1
Challenge
Phase 2
Verification
Phase 3
Funded
Trading Period
30 Days
60 Days
Indefinite

-

Minimum Trading Days
0 day
0 day
X

-

Trading Leverage
1: 100 Maximum Leverage

-

Maximum Daily Loss
$5,000
$5,000
$5,000

-

Maximum Initial Deposit Drawdown
$8,000
$8,000
$8,000

-

Profit Target
$8,000
$5,000
$5,000

-

Refundable Fee
$358
None
Refund

-

Phase 1
Challenge
Phase 2
Verification
Phase 3
Funded
Trading Period
30 Days
60 Days
Indefinite

-

Minimum Trading Days
0 day
0 day
X

-

Trading Leverage
1: 100 Maximum Leverage

-

Maximum Daily Loss
$12,500
$12,500
$12,500

-

Maximum Initial Deposit Drawdown
$20,000
$20,000
$20,000

-

Profit Target
$20,000
$12,500
$12,500

-

Refundable Fee
$598
None
Refund

-

Trading Instruments

Forex Icon

Forex

Commodity Icon

Commodities

Indices

Crypto Icon

Crypto

Stocks Icon

Stocks

Disclosure:
The trading instruments displayed above are examples of what this prop firm offers, and not all instruments may be shown or the correct brokers may be listed.

Trading Fees

Forex Icon

Forex

Commission: 0.005 % Calculating formula: x % * (amount of lots* current price of the instrument * lot size)
Commodity Icon

Commodities

Commission: 0,005% Calculating formula: x % * (amount of lots* current price of the instrument * lot size)

Indices

Commission: 0,01% Calculating formula: x % * (amount of lots* current price of the instrument * lot size)
Crypto Icon

Crypto

Commission: 0.2 % Calculating formula: x % * (amount of lots* current price of the instrument * lot size)
Stocks Icon

Stocks

Commission: 0,3% Calculating formula: x % * (amount of lots* current price of the instrument * lot size)

What makes E8 Funding different from other prop firms?

E8 Funding is unique among industry-leading prop firms because they offer three funding programs: E8 evaluation, ELEV8, and E8 Track program accounts. They also have almost no restrictions on trading style, allowing traders to trade during news, hold trades overnight, and during weekends.

E8 Funding's evaluation and ELEV8 program accounts have a two-phase evaluation process that requires traders to complete both phases before they are eligible for payouts. The profit target is 8% in phase one and 5% in phase two, with 5% daily and 8% maximum loss rules. There is also no minimum number of trading days required in both phases before becoming funded. The E8 evaluation program accounts also have a scaling plan. Compared to other industry-leading prop firms, E8 Funding has relatively low profit targets and no minimum trading day requirement.

Payment proof

E8 Funding was founded on November 5, 2021. They offer bi-weekly payouts with no minimum profit targets to traders who are funded by the company.

Which broker does E8 Funding use?

E8 Funding doesn't use common broker brands. Instead, they trade directly through a top-tier liquidity provider who gives them direct market access with no commissions, low spreads, and flawless execution through their E8 MT4 Server. They also support MetaTrader 4 and MetaTrader 5 trading platforms.

Support

If you can't find the information you need on E8 Funding's website, check out their FAQ page. You can also reach out to their support team through their social media channels or by email at support@e8funding.com. Their live chat support team is available from 7 AM to 6 PM CST on weekdays, and from 11 AM to 2 PM CST on weekends.

Conclusion

In conclusion, E8 Funding is a legitimate proprietary trading firm that offers traders three different funding programs: the E8 evaluation and ELEV8 programs, and the E8 Track program. These programs are industry-standard evaluation challenges that require traders to complete certain phases and reach certain profit targets before becoming funded and eligible to earn profit splits. E8 Funding's profit targets are realistic, and the firm offers traders the opportunity to earn 80% profit splits. I would recommend E8 Funding to anyone looking for a prop firm with straightforward trading rules and industry-leading conditions.

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