This analysis presents a detailed comparison of the trading objectives between Fidelcrest‘s Normal and Aggressive Risk programs and the Normal program of E8 Funding, offering insights to traders for making informed decisions.
Detailed Trading Objectives Comparison
Understanding the specific trading objectives of these prop firms is key for traders. Here’s how Fidelcrest and E8 Funding compare:
- Phase 1 Profit Target:
- Fidelcrest Normal Risk: 10%
- Fidelcrest Aggressive Risk: 15% or 20%
- E8 Funding (Normal): 8%
- Phase 2 Profit Target:
- Fidelcrest Normal Risk: 5% or 10%
- Fidelcrest Aggressive Risk: 15% or 20%
- E8 Funding (Normal): 5%
- Maximum Daily Loss:
- Fidelcrest Normal Risk: 5%
- Fidelcrest Aggressive Risk: 10%
- E8 Funding (Normal): 5%
- Maximum Loss:
- Fidelcrest Normal Risk: 10%
- Fidelcrest Aggressive Risk: 20%
- E8 Funding (Normal): 8% (Scalable up to 14%)
- Minimum Trading Days: No Minimum Trading Days for all programs.
- Maximum Trading Period:
- Fidelcrest (Both Risk Levels): Phase 1: 60 Calendar Days, Phase 2: 60 Calendar Days (Unlimited with add-on)
- E8 Funding (Normal): Phase 1: Unlimited, Phase 2: Unlimited
- Profit Split:
- Fidelcrest Normal Risk: 80%
- Fidelcrest Aggressive Risk: 90%
- E8 Funding (Normal): 80%
Unique Features of Fidelcrest
Fidelcrest stands out in the competitive field of prop trading firms by offering two distinct funding programs. It is known for its straightforward trading rules, granting traders the flexibility to trade during news events, and allowing positions to be held overnight and over weekends. This flexibility can be a significant advantage for traders with specific strategies.
With this comprehensive comparison, traders can better understand the offerings of Fidelcrest and E8 Funding, assisting in choosing the prop firm that best suits their trading approach and goals.