This article provides a thorough comparison of E8 Funding and Blue Guardian, two prominent proprietary trading firms, examining their offerings for forex traders around the world.
Company Profiles
E8 Funding and Blue Guardian are both esteemed and trustworthy proprietary trading firms. E8 Funding, launched in November 2021 with CEO Dylan Elchami, is based in Dallas, Texas. Blue Guardian, led by CEO Sean Bainton, started in September 2021 and is located in the West Midlands, UK. E8 Funding allows traders to manage up to $300,000 in two-step evaluation accounts, while Blue Guardian provides funding up to $400,000. Both firms are known for their scaling plans.
Funding Program Diversity
While E8 Funding offers two-step and three-step evaluations, Blue Guardian provides a one-step evaluation alongside two variants of two-step evaluations, catering to a range of trader preferences.
Detailed Two-step Evaluation Comparison
In comparing the two-step evaluation programs, notable differences are observed in profit targets, drawdown limits, leverage, trading periods, and profit splits. E8 Funding offers leverage of 1:50, which is consistent across its programs, while Blue Guardian varies its leverage between 1:50 and 1:100.
Account Pricing
Account sizes and corresponding fees for both firms vary, with E8 Funding offering account sizes ranging from $25,000 to $250,000, whereas Blue Guardian provides accounts from $10,000 to $200,000.
Brokers and Trading Platforms
Both firms utilize MetaTrader 4 and 5, with E8 Funding partnering with Purple Trading Seychelles and Blue Guardian working with Eightcap and Purple Trading Seychelles.
Trading Instrument Options
Trading instruments offered by both firms include forex pairs, commodities, indices, and cryptocurrencies. Additionally, E8 Funding also provides options to trade in stocks.
Community Feedback and Trust Ratings
Community feedback, as reflected in Trustpilot ratings, shows E8 Funding with a rating of 4.7/5 from 1,376 reviews, while Blue Guardian has a slightly higher rating of 4.8/5 from 631 reviews.
Conclusion
In summary, E8 Funding and Blue Guardian offer unique advantages for traders, with different approaches to trading rules, pricing, and community feedback. E8 Funding focuses on two-step and three-step evaluations, while Blue Guardian offers a broader range including one-step and two-step evaluations, catering to diverse trading strategies and preferences.
