Understanding how Blue Guardian stacks up against E8 Funding (Extended) is essential for traders assessing their options in proprietary trading. This comparison focuses on various trading objectives to elucidate their differences and similarities.
Trading Objectives: Blue Guardian vs. E8 Funding (Extended)
Here’s a detailed look at how these two firms compare in their trading objectives:
- Phase 1 Profit Target: Both firms set an 8% target in Phase 1.
- Phase 2 Profit Target: Blue Guardian targets 4%, while E8 Funding (Extended) aims for 5%.
- Maximum Daily Loss: Blue Guardian limits daily losses to 4%, as opposed to E8 Funding’s 5%.
- Maximum Loss: An 8% limit is set by Blue Guardian, while E8 Funding starts at 10%, scalable up to 14%.
- Minimum Trading Days: There are no minimum trading days for Blue Guardian, contrasting with E8 Funding’s 5-day requirement.
- Maximum Trading Period: Both offer unlimited trading periods for both phases.
- Profit Split: Blue Guardian provides an 85% split, compared to E8 Funding’s 80%.
Blue Guardian’s Elite Guardian Evaluation Program
Blue Guardian’s Elite Guardian Evaluation Program, a two-phase evaluation program, includes:
- Profit Targets: 8% in Phase 1 and 4% in Phase 2.
- Maximum Loss: Capped at 10%.
- No Minimum Trading Day Requirement: Offers flexibility, although the elite program needs five calendar days.
- Scaling Plan: Included in the program.
Conclusion
Blue Guardian’s approach, featuring lower profit targets and no maximum trading day requirements, presents a more accessible path to payouts compared to other leading prop firms. This analysis assists traders in making informed choices that align with their trading strategies and preferences within the competitive landscape of forex funded programs.