A detailed comparison between The Funded Trader and E8 Funding (Extended) is essential for understanding how each firm’s trading objectives, loss limits, trading day requirements, and profit splits cater to different trader preferences.
Analysis of Profit Targets and Loss Limits
Key aspects of profit targets and loss limits for both firms are as follows:
- Phase 1 Profit Target: The Funded Trader has a higher target of 10%, compared to E8 Funding’s 8%.
- Phase 2 Profit Target: Both firms align with a 5% target in Phase 2.
- Daily Loss Limit: Both start with a 5% limit, but The Funded Trader offers an option to extend to 6%.
- Maximum Loss Limit: Set at 10% for both, with The Funded Trader allowing an increase to 12%, and E8 Funding scaling up to 14%.
Minimum Trading Days and Maximum Trading Period
The Funded Trader and E8 Funding differ in their minimum trading days requirement:
- Minimum Trading Days: The Funded Trader requires 3 days, while E8 Funding mandates at least 5 calendar days.
- Maximum Trading Period: Both offer an unlimited period to achieve targets in both phases.
Profit Split Overview
Profit split terms between the two firms offer different incentives:
- Profit Split: The Funded Trader’s split starts at 80% and can go up to 90%, while E8 Funding maintains a consistent 80% split.
This comparison provides a clear perspective on how The Funded Trader and E8 Funding (Extended) align and differ in their trading objectives, loss limits, minimum trading days, trading period duration, and profit splits. These insights help traders make informed decisions based on their individual preferences and trading strategies.