Comparing Smart Prop Trader and E8 Funding (Normal) offers traders vital insights into each firm’s unique trading objectives, helping them choose the prop firm that best fits their trading style and goals.
Trading Objectives: Smart Prop Trader vs. E8 Funding (Normal)
Below is a detailed comparison of the trading objectives for Smart Prop Trader and E8 Funding (Normal):
- Phase 1 Profit Target: Smart Prop Trader sets a 7% target, while E8 Funding (Normal) requires 8%.
- Phase 2 Profit Target: Both firms aim for a 5% target.
- Maximum Daily Loss: Smart Prop Trader has a 4% limit, compared to E8 Funding’s 5%.
- Total Maximum Loss: Both firms cap this at 8%, with E8 Funding offering scalability up to 14%.
- Minimum Trading Days: Neither firm imposes a minimum trading day requirement.
- Maximum Trading Period: Unlimited trading periods for both phases are offered by each firm.
- Profit Split: Smart Prop Trader offers between 85% to 90%, whereas E8 Funding provides 80%.
In conclusion, Smart Prop Trader differentiates itself from other leading prop firms like E8 Funding by implementing more relaxed trading rules. It offers traders the flexibility to trade during news events, hold positions overnight, and over weekends. Additionally, Smart Prop Trader features low profit targets and no restrictions on maximum or minimum trading days during both evaluation phases, making it suitable for a broad spectrum of trading styles and strategies.
