This analysis presents a detailed comparison between Goat Funded Trader and E8 Funding (Normal), focusing on their trading objectives and conditions to provide clarity for traders considering these firms.
Phase 1 Profit Target
- Both Goat Funded Trader and E8 Funding (Normal) set an 8% profit target for Phase 1.
Phase 2 Profit Target
- In Phase 2, both firms maintain a 5% profit target.
Maximum Daily Loss
A 5% maximum daily loss limit is observed by both Goat Funded Trader and E8 Funding (Normal).
Overall Maximum Loss
- Goat Funded Trader: Imposes an 8% maximum loss limit.
- E8 Funding (Normal): Sets a scalable limit of 8% up to 14%.
Minimum Trading Days
Neither firm requires a minimum number of trading days.
Maximum Trading Period
Both offer an unlimited trading period for both Phase 1 and Phase 2.
Profit Split
- Goat Funded Trader: Offers a profit split ranging from 75% up to 95%.
- E8 Funding (Normal): Provides an 80% profit split.
Additional Insights
The Classic Evaluation Program at Goat Funded Trader, notable for its 7% Phase 1 profit target and 5% in Phase 2, stands out with its 4% maximum daily loss and 10% maximum loss. This program, like the others, does not require a minimum trading day and excludes a scaling plan, offering a more straightforward route to funding compared to other leading prop firms.
