This review provides a detailed comparison between the trading programs of True Forex Funds and E8 Funding. Key metrics such as profit targets, loss limits, trading periods, and profit splits are considered to understand the unique offerings of each program.
Standard Programs: True Forex Funds vs. E8 Funding
Comparing the standard programs of True Forex Funds and E8 Funding reveals both similarities and differences in their trading objectives.
Phase 1 and Phase 2 Profit Targets
- Both firms set a Phase 1 Profit Target of 8% and a Phase 2 target of 5%.
Maximum Daily Loss and Maximum Loss
- Each program limits daily losses to 5%.
- True Forex Funds caps maximum loss at 10%, while E8 Funding starts at 8% and can scale up to 14%.
Minimum Trading Days
- True Forex Funds requires 5 calendar days of trading, compared to E8 Funding’s no minimum days requirement.
Maximum Trading Period
- True Forex Funds imposes a 30-day limit for Phase 1 and 60 days for Phase 2.
- E8 Funding offers unlimited trading time for both phases.
Profit Split
- Both programs offer an 80% profit split to traders.
True Forex Funds’ Quick Funding Evaluation Program
The London-based company, True Forex Funds, offers a unique Quick Funding Evaluation Program, characterized by its approachable profit targets and flexible trading guidelines.
- The two-phase program requires 8% and 5% profit targets for Phase 1 and 2, respectively.
- It includes a maximum daily loss limit of 5% and an overall maximum loss limit of 10%.
- Traders must complete Phase 1 within 30 calendar days and Phase 2 within 60 days.
- This program is noted for its absence of minimum trading days and user-friendly trading conditions.
Both True Forex Funds and E8 Funding offer distinct advantages, making them suitable for different trading styles and preferences. For further insights into forex prop firms, explore All Prop Trading Firms or their detailed list at Forex Funded Programmes.
