E8 Funding is committed to nurturing the progression of its traders’ careers. The company anticipates that its clients will exhibit continual discipline, strong risk management skills, and an emphasis on long-term development. Traders have the opportunity to earn significant returns, managing accounts up to $200,000 and keeping 80% of the profits. This is possible through trading a wide variety of financial assets, including forex pairs, commodities, indices, and cryptocurrencies. The principal office of this Proprietary Trading Firm is based in Dallas, USA.
Basic information:
- Participation cost: from $138 to $988
- Available capital for management: from $25,000 to $200,000
- Funding Programs: E8 Account, E8 Track (detailed description below)
- Trading Day Requirements: No Minimum & No Maximum
- Initial Maximum Drawdown of 8%
- Overnight & Overweekend Holding deals Allowed
- Account Currencies: USD, EUR, and GBP
- Leverage up to 1:50
- Profit Share up to 80%
- First Payout After 8 Days
Funding Programs for your choice: E8 Track, E8 Account
Program - E8 Account
E8 Funding’s E8 Account enables traders to oversee accounts ranging from $25,000 to $200,000. The program is designed to spot skilled traders who demonstrate consistent profitability and adept risk management during a bi-phase evaluation process. The E8 Account offers the flexibility to utilize up to 1:50 leverage and select the preferred funding currency from USD, EUR, and GBP.
In the initial evaluation phase, traders are tasked with reaching an 8% profit objective without breaching the 5% maximum daily loss or 8% aggregate loss limits. This stage does not enforce any specific trading day requirements. Progression to the subsequent phase is contingent upon achieving the 8% profit threshold while complying with the loss constraints.
The secondary evaluation phase sets a 5% profit objective for traders, with the stipulation that they must stay within the 5% daily loss or 8% total loss boundaries. Like its predecessor, this phase doesn’t impose specific trading day conditions. Attaining the 5% profit target without surpassing the loss limits is crucial for obtaining a funded status.
After successfully completing the two stages, traders are entitled to a funded account, free from withdrawal restrictions. They are required to adhere to the 5% maximum daily loss and 8% overall loss rules. The initial disbursement is scheduled 8 calendar days following the first transaction on the funded account, with the opportunity for subsequent withdrawals every two weeks. Traders receive an 80% portion of the profits made on their funded account. Notably, each successful withdrawal allows for a 1% incremental increase in the maximum loss limit, up to a 14% maximum.
Scaling Plan for the E8 Account
The E8 Account features an expansive growth strategy. Traders have the opportunity to boost their balance by applying for their portion of the profits at the end of each trade period. E8 Funding will provide an 80% cut of the profits made on the funded account, and the pre-withdrawal balance will be restored to support further account growth.
Imagine this situation:
- Let’s say you’re handling a $200,000 account and achieve a 10% gain ($20,000).
Your updated account balance becomes $220,000. - When you apply for your share of the profits, you’ll get $16,000, reflecting an 80% cut of the $20,000 profit.
- With the $20,000 profit from your initial $200,000 account, your subsequent trading will operate with a $220,000 balance.
Funding Program - E8 Track
E8 Funding’s E8 Track provides traders with the opportunity to manage account sizes ranging from $25,000 to $200,000. The aim is to identify adept traders who consistently show strong profitability and efficient risk management through a three-tier evaluation process. The E8 Track allows participants to engage in trading with leverage options up to 1:50 and choose their preferred funding currency among USD, EUR, and GBP.
During the first evaluation phase, traders are required to reach an 8% profit objective while keeping within the 5% maximum daily loss or 8% total loss limits. Notably, this phase doesn’t impose any specific trading day requirements. Progress to the subsequent phase is contingent upon attaining the 8% profit threshold while respecting the daily and cumulative loss restrictions.
In the second evaluation phase, traders are tasked with achieving a 5% profit goal, all while remaining under the 5% daily loss or 8% total loss caps. This phase, similar to the initial one, does not mandate a certain number of trading days. Advancement to a funded status is dependent on hitting the 5% profit requirement without breaching the set loss limits.
The final evaluation phase continues with a 5% profit target and the same 5% maximum daily loss and 8% total loss limits. This phase also doesn’t specify the number of trading days. Transitioning to a funded status is predicated on reaching the 5% profit target while adhering to the loss constraints.
After successfully completing all three evaluation phases, traders are awarded a funded account without any limitations on withdrawal frequency. The only stipulations are maintaining compliance with the 5% maximum daily loss and 8% total loss rules. The initial disbursement is organized 8 calendar days following the inaugural trade on the funded account, with the opportunity for further withdrawals every two weeks. Traders receive a generous 80% of the profits from their funded account. Moreover, with each successful withdrawal, the maximum loss limit is progressively increased by 1%, up to a 14% maximum.
E8 Track Scaling Plan
The E8 Track also features a scaling plan for account growth. Traders can increase their balance by claiming a portion of the profits at the end of each trading period. E8 Funding provides an 80% profit share from the earnings on your funded account, and then restores the balance to its pre-withdrawal level to further boost your account size.
Consider this example:
- Imagine you are overseeing a $200,000 account and achieve a 10% gain ($20,000).
- Your account balance then updates to $220,000.
- When you request your profit share, you will receive $16,000, representing 80% of the earned $20,000 profit.
- Thus, with your $20,000 profit from the initial $200,000, your trading continues with an elevated balance of $220,000.
Evaluating the Practicality of E8 Funding Capital
When examining proprietary trading firms that align with your forex trading methods, it’s essential to carefully assess the practicality of their trading requirements. A firm may propose attractive terms like a high profit share on a substantially funded account, but the viability might reduce if it demands sizeable monthly profits along with strict drawdown caps, adversely affecting success probabilities. Considering time limitations is equally vital, as a trading duration without stringent time constraints is more desirable, lessening stress and improving strategy implementation. It’s crucial to understand all the trading rules thoroughly during the evaluation and funding stages to prevent any unintentional breaches of account conditions.
Achieving funding from the E8 Account is feasible, particularly due to its realistic profit objectives (8% in the initial phase and 5% in the subsequent one) and comparably flexible maximum loss rules (5% daily maximum and 8% overall loss, scalable to 14%). The nonexistence of strict trading day requirements introduces adaptability, enabling traders to either attain funding swiftly or proceed at a more comfortable pace. Completing the evaluation phases leads to access to 80% profit share payouts.
Likewise, attaining funding from the E8 Track is practical, mainly because of its sensible profit targets in its extra evaluation phase (8% in the first, 5% in the second and third phases) and analogous maximum loss guidelines (5% daily maximum and 8% total loss, scalable to 14%). The absence of defined trading day restrictions presents similar adaptability, allowing traders to advance at their preferred rate. After completing all three evaluation phases, traders become entitled to the advantageous 80% profit share.
When all factors are considered, E8 Funding is a commendable choice, providing two distinct funding schemes: a two-step and a three-step evaluation. Each offers attainable trading objectives and conditions for earning payouts, suiting various trading techniques and preferences.
Verification of Payments
Inaugurated on November 5, 2021, E8 Funding is a distinguished proprietary trading firm with a significant network of traders who have attained funded status and qualify for a share of the profits.
Traders engaged with E8 Funding, via either the E8 Account or the E8 Track, are eligible for their first payment after 8 calendar days of achieving funded status. Following this, payouts are possible every 14 calendar days, as long as your account surpasses its initial size. An impressive 80% of the profits from your funded account are allocated as your share.
Documentation of E8 Funding’s payment disbursements can be found on multiple digital platforms. Trustpilot, for example, has testimonials from traders detailing their experiences and the successful receipt of payments from the firm. Furthermore, their Telegram channel presents various payout certificates belonging to some of their most successful traders.
Images depicting these payout certificates and other forms of payment confirmation are provided below.
