This article presents a comprehensive comparison of two prominent proprietary trading firms, E8 Funding and The5ers. We’ll explore their offerings to forex traders globally, comparing them in a structured three-step process.

Company Overview

Both E8 Funding and The5ers have established themselves as reliable and trustworthy names in the proprietary trading industry. Below, we detail some key aspects of each firm:

• Incorporation Date: E8 Funding was incorporated in November 2021, while The5ers began its operations in April 2020.
• CEO: Dylan Elchami spearheads E8 Funding, whereas Gil Ben Hur is at the helm of The5ers.
• Office Locations: E8 Funding is based in Dallas, Texas, contrasting with The5ers, which is headquartered in London, UK.
• Maximum Allocation Capital: E8 Funding offers traders the opportunity to manage up to $300,000. In comparison, The5ers provides a potential funding of 3x $250,000.

It’s important to note that both E8 Funding and The5ers feature scaling plans, reflecting their commitment to supporting traders’ growth and success.

Funding Program Options Comparison: E8 Funding vs. The5ers

When considering funding options for forex traders, both E8 Funding and The5ers offer a variety of programs. Here’s a detailed comparison of their funding program options:

• Two-step Evaluation: Both firms offer a two-step evaluation process.
• Three-step Evaluation: Both E8 Funding and The5ers provide a three-step evaluation program.
• Instant Funding: E8 Funding does not offer instant funding, whereas The5ers do.

Detailed Three-step Evaluation Comparison

Let’s delve deeper into the specifics of the three-step evaluation programs offered by E8 Funding and The5ers.

Trading Rules/Objectives

• E8 Track (E8 Funding) vs. Bootcamp Challenge (The5ers):
• Phase 1 Profit Target: 8% for E8 Funding; 6% for The5ers.
• Phase 2 Profit Target: 5% for E8 Funding; 6% for The5ers.
• Phase 3 Profit Target: 5% for E8 Funding; 6% for The5ers.
• Daily Drawdown: 5% for E8 Funding; no daily drawdown for The5ers.
• Overall Drawdown: 8% (scalable up to 14%) for E8 Funding; 5% for The5ers.
• Leverage: 1:100 for E8 Funding; 1:10 for The5ers.
• Minimum Trading Days: No minimum for both firms.
• Trading Period: Unlimited for all steps in both programs.
• Profit Split: 80% for E8 Funding; 50% up to 100% for The5ers.

Price Comparison for Different Account Sizes

Next, we compare the prices for different account sizes offered by E8 Funding and The5ers:

• $25,000 Account: $138 for E8 Funding; not offered by The5ers.
• $50,000 Account: $208 for E8 Funding; not offered by The5ers.
• $100,000 Account: $358 for E8 Funding; $95 (+ $205 After Passing) for The5ers.
• $200,000 Account: $598 for E8 Funding; not offered by The5ers.
• $250,000 Account: Not offered by E8 Funding; $225 (+ $350 After Passing) for The5ers.

This comprehensive comparison provides a clear overview of what E8 Funding and The5ers offer to forex traders, helping them make an informed decision based on their trading preferences and goals.

Brokers and Trading Platforms: E8 Funding vs. The5ers

After evaluating trading objectives, rules, and pricing, it’s crucial to examine the brokers and trading platforms associated with each proprietary trading firm.

Broker and Trading Platform Details

• E8 Funding: Utilizes Purple Trading Seychelles as their broker and offers MetaTrader 4 and MetaTrader 5 as trading platforms.
• The5ers: Partners with a Liquidity Provider for Direct Market Access and uses MetaTrader 5 for trading.

Trading Instruments Comparison

Trading instruments availability is another key aspect to consider when comparing proprietary trading firms. Here’s a look at the instruments offered by E8 Funding and The5ers:

• Forex Pairs: Available with both E8 Funding and The5ers.
• Commodities: Available with both firms.
• Indices: Both firms offer indices trading.
• Stocks: Offered by E8 Funding but not by The5ers.
• Crypto: Available with E8 Funding, but not with The5ers.

Community Feedback Analysis

The final aspect of our comparison is the community feedback for both E8 Funding and The5ers, primarily based on Trustpilot reviews:

• E8 Funding: Holds a Trustpilot rating of 4.7/5 from 1,450 reviews.
• The5ers: Has a Trustpilot rating of 4.8/5 from 1,871 reviews.

These statistics indicate that The5ers currently enjoys slightly higher popularity in the proprietary trading community. However, both firms are well-regarded based on their Trustpilot ratings, showcasing their reliability and trader satisfaction.

Conclusion: E8 Funding vs. The5ers Comparative Analysis

In summarizing our comprehensive comparison between E8 Funding and The5ers, it’s evident that both are exceptional choices for traders exploring proprietary trading firms. Each firm has its unique strengths and offerings, catering to a variety of trading needs and preferences.

Key distinctions were observed in their trading rules and objectives, pricing structures, and community feedback. Additionally, a notable difference lies in the funding program options. E8 Funding offers two distinct programs: a two-step evaluation and a three-step evaluation. Contrastingly, The5ers provides three programs: a two-step evaluation, a three-step evaluation, and the option for instant funding.

As we conclude this comparison, we’re pleased to offer special discount codes for both E8 Funding and The5ers. These exclusive codes can provide significant savings and benefits for traders choosing to engage with either of these reputable firms. You can find the discount codes below:

Whether you lean towards E8 Funding with its unique program structures or The5ers for its instant funding option and broader community feedback, both firms stand as solid choices for advancing your trading career.