This analysis aims to delineate the specific characteristics of Forex Capital Funds and E8 Funding (Extended), providing traders with valuable insights to guide their decision-making process.
Phase 1 Profit Target
Both Forex Capital Funds and E8 Funding (Extended) have 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 consistent 5% maximum daily loss limit is observed by both Forex Capital Funds and E8 Funding (Extended).
Overall Maximum Loss
- Forex Capital Funds: Imposes a 10% maximum loss limit.
- E8 Funding (Extended): Sets a 10% limit, scalable up to 14%.
Minimum Trading Days
Both firms require a minimum of 5 calendar days of trading.
Maximum Trading Period
An unlimited trading period for both phases is offered by both Forex Capital Funds and E8 Funding (Extended).
Profit Split
- Forex Capital Funds: Offers a profit split ranging from 80% to 90%.
- E8 Funding (Extended): Provides an 80% profit split.
Conclusion: Forex Capital Funds’ Distinctive Position in the Prop Trading Industry
Forex Capital Funds stands out in the proprietary trading industry, including against E8 Funding, by offering unrestricted trading styles. Traders at Forex Capital Funds are afforded the flexibility to trade during news events, hold positions overnight and over weekends. They also benefit from reasonable profit targets, moderate drawdown limitations, and the liberty of unlimited trading periods in both evaluation phases.
