This article presents a detailed comparison between E8 Funding and The Funded Trader, two esteemed proprietary trading firms. We’ll explore each firm’s offerings and characteristics, focusing on their services to forex traders globally.
Company Details: E8 Funding vs. The Funded Trader
Understanding the background and operational details of these firms is essential for traders evaluating their options. This section compares the incorporation dates, CEOs, office locations, and maximum allocation capital of E8 Funding and The Funded Trader.
Key Company Information
- Incorporation Date: E8 Funding was incorporated in November 2021, while The Funded Trader began its operations in May 2021.
- CEO: Dylan Elchami leads E8 Funding, and Angelo Ciaramello is at the helm of The Funded Trader.
- Office Location: E8 Funding is based in Dallas, Texas, whereas The Funded Trader’s headquarters are in Liberty Hill, Texas.
- Maximum Allocation Capital: E8 Funding offers traders up to $300,000 in capital management, while The Funded Trader provides up to $600,000.
Both E8 Funding and The Funded Trader are recognized for their reliability and trustworthiness in the proprietary trading industry. Importantly, both firms feature scaling plans, enhancing the growth opportunities for their traders.
E8 Funding vs. The Funded Trader: A Comprehensive Three-Step Comparison
This article presents a detailed comparison between E8 Funding and The Funded Trader, two esteemed proprietary trading firms. We’ll explore each firm’s offerings and characteristics, focusing on their services to forex traders globally.
Company Details: E8 Funding vs. The Funded Trader
Understanding the background and operational details of these firms is essential for traders evaluating their options. This section compares the incorporation dates, CEOs, office locations, and maximum allocation capital of E8 Funding and The Funded Trader.
Key Company Information
- Incorporation Date: E8 Funding was incorporated in November 2021, while The Funded Trader began its operations in May 2021.
- CEO: Dylan Elchami leads E8 Funding, and Angelo Ciaramello is at the helm of The Funded Trader.
- Office Location: E8 Funding is based in Dallas, Texas, whereas The Funded Trader’s headquarters are in Liberty Hill, Texas.
- Maximum Allocation Capital: E8 Funding offers traders up to $300,000 in capital management, while The Funded Trader provides up to $600,000.
Both E8 Funding and The Funded Trader are recognized for their reliability and trustworthiness in the proprietary trading industry. Importantly, both firms feature scaling plans, enhancing the growth opportunities for their traders.
Funding Program Options: E8 Funding vs. The Funded Trader
When it comes to funding program options, both E8 Funding and The Funded Trader offer a range of evaluations tailored to forex traders globally. Let’s explore these options to understand how they cater to different trading needs.
Variety in Funding Programs
- E8 Funding provides two-step and three-step evaluations for its traders.
- The Funded Trader, in contrast, offers a more diverse range, including three two-step evaluations, a one-step evaluation, and a three-step evaluation.
With this overview in mind, we now proceed to a closer examination of their three-step evaluation programs.
Three-step Evaluation: Comparative Analysis
This section delves into the specific trading rules and objectives of the three-step evaluations offered by E8 Funding and The Funded Trader, examining key aspects like profit targets, drawdown limits, leverage, minimum trading days, and the profit split.
| Criteria | E8 Funding (E8 Track) | The Funded Trader |
|---|---|---|
| Phase 1 Profit Target | 8% | 8% |
| Phase 2 Profit Target | 5% | 5% |
| Phase 3 Profit Target | 5% | 5% |
| Daily Drawdown | 5% | 5% |
| Overall Drawdown | 8% (Scalable up to 14%) | 10% |
| Leverage | 1:100 | 1:100 (Swing 1:30) |
| Minimum Trading Days | No Minimum | No Minimum |
| Trading Period | Unlimited for all steps | Unlimited for all steps |
| Profit Split | 80% | 75% up to 95% |
After exploring the rules and guidelines of the three-step evaluation, let’s now examine the pricing structures for different account sizes.
Account Size and Pricing Comparison
Both E8 Funding and The Funded Trader offer a range of account sizes, each with specific pricing. This comparison provides insights into the cost differences for similar account sizes.
| Account Size | E8 Funding | The Funded Trader |
|---|---|---|
| $5,000 | Not Available | $49 |
| $10,000 | Not Available | $99 |
| $25,000 | $138 | $135 |
| $50,000 | $208 | $205 |
| $100,000 | $358 | $355 |
| $200,000 | $598 | $495 |
Brokers & Trading Platforms: E8 Funding vs. The Funded Trader
After exploring the various aspects of trading objectives, rules, and pricing, we now turn our focus to the brokers and trading platforms associated with E8 Funding and The Funded Trader.
Broker and Platform Details
| E8 Funding | The Funded Trader | |
|---|---|---|
| Broker | Purple Trading Seychelles | Eightcap, ThinkMarkets, Purple Trading Seychelles |
| Trading Platform | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5 |
Trading Instruments Comparison
Another critical factor in comparing proprietary trading firms is the range of trading instruments they offer. This section presents the available trading instruments with E8 Funding and The Funded Trader.
| Trading Instrument | E8 Funding | The Funded Trader |
|---|---|---|
| Forex Pairs | Available | Available |
| Commodities | Available | Available |
| Indices | Available | Available |
| Crypto | Available | Available |
Community Feedback: Trustpilot Reviews
The final aspect of our comparison involves community feedback for E8 Funding and The Funded Trader, as reflected in Trustpilot reviews.
Trustpilot Statistics
| E8 Funding | The Funded Trader | |
|---|---|---|
| Rating | 4.7/5 | 4.4/5 |
| Number of Reviews | 1,450 | 15,696 |
E8 Funding boasts a Trustpilot rating of 4.7 out of 5 from 1,450 reviews, indicating a strong level of customer satisfaction. The Funded Trader, with a 4.4 out of 5 rating based on 15,696 reviews, demonstrates its popularity and wide-reaching customer base. These statistics offer valuable insights into the reputation and user experience of each firm in the proprietary trading community.
Conclusion: E8 Funding vs. The Funded Trader
Concluding our comprehensive comparison between E8 Funding and The Funded Trader, it’s evident that both firms stand as excellent choices for traders. Each offers distinct features in their trading rules, objectives, pricing structures, and community feedback, catering to a diverse range of trader needs and preferences.
A notable difference between the two lies in their funding program options. E8 Funding provides two key programs: a two-step evaluation and a three-step evaluation. In contrast, The Funded Trader offers a broader selection, with three two-step evaluations, a one-step evaluation, and a three-step evaluation, thereby presenting a more diverse range of pathways for traders.
As we conclude this detailed analysis, we are pleased to present special discount codes for both E8 Funding and The Funded Trader. These codes offer a unique opportunity for traders to begin or enhance their journey with either of these top-tier proprietary trading firms.
Exclusive Discount Codes
Maximize your trading potential with these exclusive discount codes:
- E8 Funding Discount Code: [APTF_08]
- The Funded Trader Discount Code: [N/A]
Use these codes to access special offers and embark on a successful trading journey with E8 Funding or The Funded Trader.
