E8 Funding is dedicated to nurturing the development of its traders on their professional journey. The company looks for individuals who consistently exhibit discipline, strong risk control, and an emphasis on long-term growth. Traders have the opportunity to achieve significant income, managing accounts up to $200,000 and keeping 80% of the profits. This opportunity is accessible through trading various financial assets, including forex pairs, commodities, indices, and cryptocurrencies.
The main office of this Proprietary Trading Firm is situated in Dallas, USA.
Basic information:
- Available capital for management: from $25,000 to $200,000
- Trading Day Requirements: No Minimum & No Maximum
- Overnight & Overweekend Holding deals Allowed
- Profit Share up to 80%
- Participation cost: from $138 to $988
- Account Currencies: USD, EUR, and GBP
- Initial Maximum Drawdown of 8%
- First Payout After 8 Days
- Funding Programs: E8 Account, E8 Track (detailed description below)
- Leverage up to 1:50
Two Funding Programs:
Funding Program - E8 Account
E8 Funding's E8 Account empowers traders to handle accounts ranging from $25,000 to $200,000. This program is designed to spot skilled traders who demonstrate profitability and effective risk control during a dual-stage assessment. The E8 Account offers flexibility with up to 1:50 leverage and lets traders select their preferred funding currency (USD, EUR or GBP).
In the initial evaluation phase, traders are tasked with reaching an 8% profit objective while staying within the 5% daily loss limit and an 8% overall loss cap. This stage doesn't enforce any specific minimum or maximum number of trading days. Progression to the subsequent phase is contingent upon achieving the 8% profit target within the prescribed loss parameters.
During the second assessment phase, traders strive for a 5% profit target, ensuring they remain within the 5% daily loss and 8% aggregate loss boundaries. This phase, like the first, doesn't impose any trading day requirements. Traders qualify for a funded account by simply hitting the 5% profit threshold without breaching the loss limits.
Once both stages are successfully completed, traders qualify for a funded account with the freedom to withdraw funds without any frequency limits. They must continue to adhere to the 5% maximum daily and 8% total loss guidelines. The first payout is scheduled 8 calendar days following the inaugural trade on the funded account, and subsequent payouts are possible every fortnight. Traders receive an 80% portion of the profits from their funded accounts. Importantly, with each successful withdrawal, the permissible loss limit gradually increases by 1%, up to a maximum of 14%.
E8 Account - Scaling Plan
The E8 Account features an advanced scaling strategy. Traders have the opportunity to boost their capital by claiming their proportion of earnings at the end of each trading period. E8 Funding will allocate 80% of the profits accrued on the funded account, and the balance before the withdrawal will be restored to support further account growth.
Imagine the following situation:
- Let's say you're overseeing a $200,000 account and achieve a 10% profit, equating to $20,000.
- Your new account balance would be $220,000. When you ask for a division of profits, you'll receive $16,000, which is 80% of the $20,000 profit.
- Consequently, after your $20,000 gain on the $200,000 account, your trading will proceed with a restored balance of $220,000.
E8 Account Trading Parameters & Objectives
- Profit Goal: Traders need to reach a predetermined profit percentage to progress through an evaluation stage, withdraw profits, or expand their account. The initial phase requires achieving an 8% profit, while the second phase has a 5% profit target. Funded accounts don't have specific profit objectives.
- Maximum Daily Loss Limit: This represents the highest loss a trader is permitted to sustain in a single day without breaching the account's conditions. A 5% maximum daily loss applies to all accounts.
- Total Maximum Loss Threshold: This is the cumulative loss a trader is allowed before jeopardizing the account, fixed at 8% for all accounts. This threshold is adjustable up to 14%.
Funding Program - E8 Track
E8 Funding's E8 Track provides traders the opportunity to manage accounts ranging between $25,000 and $200,000. The aim is to identify proficient traders who consistently show profitability and adept risk management throughout a three-stage assessment phase. Participants in the E8 Track can trade with leverage up to 1:50 and choose their favored funding currency (USD, EUR or GBP).
In the first assessment phase, traders are tasked with reaching an 8% profit objective while staying under the 5% maximum daily loss and 8% cumulative loss limits. Notably, this stage doesn't enforce a specific count of trading days. Progression to the subsequent phase is contingent on achieving the 8% profit target within the set loss parameters.
During the second evaluation phase, traders need to attain a 5% profit goal while keeping within the 5% daily loss and 8% overall loss limits. Similar to the initial phase, there is no mandatory number of trading days. Advancing to a funded status necessitates hitting the 5% profit threshold without breaching the predefined loss limits.
In the third assessment phase, traders are given a 5% profit objective, maintaining the same 5% maximum daily loss and 8% total loss constraints. Like previous stages, this phase doesn't impose any specific trading day criteria. To progress to a funded status, one must hit the 5% profit goal while staying within the loss thresholds.
Once all three evaluation stages are successfully navigated, traders are granted a funded account with unrestricted withdrawal frequency. They are, however, required to keep within the 5% maximum daily loss and 8% total loss guidelines. The first payout is planned for 8 calendar days following the initial trade on the funded account, with further withdrawals allowed every fortnight. Traders earn an 80% portion of the profits from their funded accounts. Moreover, with each successful withdrawal, the maximum loss limit gradually increases by 1%, reaching up to a 14% cap.
Scaling Plan - E8 TrackÂ
The E8 Track also features an advancement plan. Boost your capital by requesting your portion of the profits at the conclusion of each trading period. E8 Funding will transfer 80% of the profits made on your funded account as your earnings share, and then restore the balance before withdrawal to effectively increase your account's size.
Consider this example:
- Imagine you're handling a $200,000 account and you attain a 10% profit ($20,000).
- This updates your account balance to $220,000.
- When you apply for your profit share, you'll receive $16,000, representing 80% of the $20,000 profit.
- Thus, with the $20,000 profit from your initial $200,000 account, you continue trading with a bolstered balance of $220,000.
E8 Track Trading Parameters & Aims
- Profit Target – To pass an evaluation phase, extract profits, or enlarge their trading capacity, traders need to reach a certain profit level. In Phase 1, the required level is 8%, while for Phases 2 and 3, a 5% profit is necessary. There are no preset profit targets for funded accounts.
- Maximum Daily Loss – This represents the maximum loss a trader is allowed in a single day without breaching account conditions. A 5% daily loss limit is imposed on all accounts.
- Cumulative Loss Limit – This denotes the overall loss a trader can afford without affecting the account's status, established at 8% for every account size. This cap is adjustable up to a 14% maximum.
Assessing the Feasibility of E8 Funding Capital
When evaluating proprietary trading firms that align with your forex trading strategy, it's essential to carefully consider the viability of their trading requirements. While a firm might propose attractive terms like a generous profit share on a well-capitalized account, its practicality might wane if it imposes demanding monthly profit targets along with stringent drawdown constraints, potentially curtailing your success rate. Assessing time constraints is equally important, as a trading environment free from time limits is more desirable, offering less pressure and better strategy implementation. Understanding all the trading rules during both the evaluation and funding periods is key to ensure you don't inadvertently violate account conditions.
Achieving funding through the E8 Account is feasible, partly due to its realistic profit objectives (8% in the initial phase and 5% in the subsequent) and comparatively flexible maximum loss rules (5% daily limit and 8% overall loss, with the possibility to extend to 14%). The absence of strict trading day requirements introduces adaptability, permitting traders to either attain funding swiftly or trade at a more comfortable pace. Completing the evaluation stages successfully leads to access to 80% of the profit splits.
Likewise, acquiring funding from the E8 Track is within reach, particularly with its sensible profit goals throughout its extra evaluation phase (8% initially, followed by 5% in the latter two phases) and similar maximum loss guidelines (5% daily and 8% total loss, with the option to increase to 14%). The absence of mandatory trading day numbers provides comparable flexibility, allowing traders to advance at a pace that suits them best. After completing all three evaluation phases, participants become eligible for the advantageous 80% profit share.
Given these factors, E8 Funding emerges as a top recommendation, presenting two different funding programs: a bi-phase and a tri-phase evaluation. Both offer achievable trading targets and conditions for earning payouts, accommodating various trading styles and preferences.
Proof of Payment
Inaugurated on November 5, 2021, E8 Funding is a well-regarded proprietary trading firm with a vast network of traders who have reached funded status and qualify for profit sharing.
As a participant trading with E8 Funding, via the E8 Account or E8 Track, you're entitled to your first payout after 8 calendar days upon achieving funded status. Following payouts are possible every 14 calendar days, as long as your account has grown beyond its initial balance. An impressive 80% of the profits from your funded account is allocated as your share of the earnings.
Proof of E8 Funding's disbursements can be found on multiple online platforms. For example, Trustpilot contains testimonials from traders discussing their positive experiences and successful withdrawals with the firm. Moreover, their Telegram channel exhibits various payout certificates from their high-achieving traders.
Visual demonstrations of these payout certificates and other payment confirmations are provided below.
