An in-depth comparison between two prominent proprietary trading firms, Alpha Capital Group and E8 Funding, reveals interesting insights into their trading objectives. Understanding these differences and similarities helps traders make informed decisions.
Key Trading Objectives Compared
Exploring the primary trading objectives of these firms highlights both their commonalities and disparities:
- Profit Targets in Phases: Both the prop firms have identical profit targets in Phase 1 and Phase 2, set at 8% and 5% respectively.
- Maximum Daily Loss: A common ground is found in their maximum daily loss policy, capped at 5% for both.
- Profit Split: Traders enjoy an equal profit split of 80% with both firms.
- Maximum Loss: A notable divergence is seen in the maximum loss limit. Alpha Capital Group sets it at 10%, whereas E8 Funding offers a scalable option up to 14%.
- Minimum Trading Days: Alpha Capital Group mandates a minimum of 3 calendar days for trading, while E8 Funding imposes no such requirement.
- Maximum Trading Period: Both firms offer unlimited trading periods in both phases.
Distinctive Features
These differences, particularly in the maximum loss and minimum trading days, underline each firm’s unique approach to forex funded programs and risk management strategies.
