The comparative analysis of the normal trading programs of Forex Prop Firm and E8 Funding reveals critical distinctions and similarities. This comparison is crucial for traders looking to understand the specific features and requirements of each firm.
Detailed Comparison of Trading Objectives
Below is a comprehensive comparison of key trading objectives for Forex Prop Firm and E8 Funding (Normal):
- Phase 1 Profit Target: Both firms have an 8% target.
- Phase 2 Profit Target: A 5% target is set by both firms.
- Maximum Daily Loss: Forex Prop Firm starts with none (5% once funded), compared to E8 Funding’s consistent 5%.
- Total Maximum Loss: Forex Prop Firm allows 12% (10% once funded), while E8 Funding has an 8% limit, scalable up to 14%.
- Minimum Trading Days: Forex Prop Firm requires 5 days, in contrast to E8 Funding’s no minimum.
- Maximum Trading Period: Forex Prop Firm sets 35 days for Phase 1 and 60 for Phase 2, while E8 Funding offers unlimited periods for both phases.
- Profit Split: Forex Prop Firm offers between 90% to 100%, whereas E8 Funding provides 80%.
This comparison clearly outlines the areas where Forex Prop Firm and E8 Funding are aligned and where they differ, particularly in terms of profit targets, loss limits, trading period requirements, and profit splits. Such a detailed view assists traders in making informed decisions tailored to their preferences and trading styles.