This comparison focuses on contrasting the trading rules and objectives of E8 Funding’s Extended Plan and the Elite Program offered by Blue Guardian, giving traders insight into which prop firm may better suit their individual trading styles and goals.
Trading Rules and Objectives: E8 Funding vs. Blue Guardian
Let’s examine the specific aspects of each firm’s trading rules and objectives:
- Initial Profit Goal – Phase 1:
- Both E8 Funding Extended Plan and Blue Guardian Elite Program: 8%
- Continuation Profit Goal – Phase 2:
- E8 Funding Extended Plan: 5%
- Blue Guardian Elite Program: 4%
- Daily Loss Threshold:
- E8 Funding Extended Plan: 5%
- Blue Guardian Elite Program: 4%
- Overall Loss Ceiling:
- E8 Funding Extended Plan: 10% (Flexible to 14%)
- Blue Guardian Elite Program: 10%
- Minimum Required Trading Days: 5 Calendar Days for both E8 Funding Extended Plan and Blue Guardian Elite Program.
- Permissible Trading Period: No Limit for Phases for both E8 Funding Extended Plan and Blue Guardian Elite Program.
- Profit Sharing Ratio:
- E8 Funding Extended Plan: 80% Trader’s Share
- Blue Guardian Elite Program: 85% Trader’s Share
In summary, E8 Funding distinguishes itself from other leading proprietary trading firms with its two unique funding programs and the significant degree of freedom it offers traders. This is especially highlighted by their unrestricted trading period, allowing traders to progress through the evaluation at their own pace to achieve funded status.