Analyzing the trading objectives of TopTier Trader and E8 Funding (Normal) is key for traders to understand how each firm’s parameters may influence their trading strategy. This comparison provides a clear insight into what each proprietary trading firm offers.
Detailed Trading Objectives Comparison
Here’s a side-by-side comparison of the key trading objectives for TopTier Trader and E8 Funding (Normal):
- Phase 1 Profit Target: TopTier Trader sets a 10% target, while E8 Funding (Normal) requires 8%.
- Phase 2 Profit Target: Both firms aim for a 5% target.
- Maximum Daily Loss: A consistent 5% limit is maintained by both.
- Total Maximum Loss: TopTier Trader has a 10% cap, whereas E8 Funding offers an 8% limit, scalable up to 14%.
- Minimum Trading Days: TopTier Trader stipulates 4 calendar days, in contrast to E8 Funding’s no minimum requirement.
- Maximum Trading Period: Unlimited trading periods in both phases are offered by each firm.
- Profit Split: Both firms provide an 80% profit split.
This comparison shows both similarities and differences between TopTier Trader and E8 Funding, notably in the Phase 1 profit target and the structure of maximum loss, which is uniquely scalable in E8 Funding. The absence of a minimum trading day requirement in E8 Funding contrasts with the specific condition set by TopTier Trader. These factors are integral in helping traders decide which firm best matches their trading style and objectives.