This analysis offers a comprehensive comparison of the trading rules and objectives between E8 Funding’s Extended Option and the Standard Plan offered by True Forex Funds. This comparison is intended to assist traders in identifying the most suitable prop firm for their trading style and goals.
Trading Rules and Objectives: E8 Funding vs. True Forex Funds
Let’s compare the key aspects of E8 Funding’s Extended Option and True Forex Funds’ Standard Plan:
- Profit Target – Initial Phase:
- Both E8 Funding Extended Option and True Forex Funds Standard Plan: 8%
- Profit Target – Subsequent Phase:
- Both E8 Funding Extended Option and True Forex Funds Standard Plan: 5%
- Limit on Daily Losses:
- Both E8 Funding Extended Option and True Forex Funds Standard Plan: 5%
- Cap on Overall Losses:
- E8 Funding Extended Option: 10% (Can increase to 14%)
- True Forex Funds Standard Plan: 10%
- Required Trading Days Minimum: 5 Calendar Days for both E8 Funding Extended Option and True Forex Funds Standard Plan.
- Trading Time Frame:
- E8 Funding Extended Option: No Limits for Phases
- True Forex Funds Standard Plan: Phase 1 – Max 30 Days, Phase 2 – Max 60 Days
- Revenue Split Ratio: 80% Trader’s Share for both E8 Funding Extended Option and True Forex Funds Standard Plan.
This detailed comparison provides traders with crucial information on the similarities and differences between E8 Funding’s Extended Option and True Forex Funds’ Standard Plan, enabling them to make a well-informed decision based on which firm aligns better with their trading strategies and profit objectives.
