E8 Funding, a renowned name in the trading industry, earlier announced its much-anticipated E8 Track program, which has now officially launched. This program is a significant advancement in their offerings, providing traders with a compelling opportunity to manage an account with a balance of up to $250,000.
A Closer Look at the E8 Track Program
The E8 Track program is designed as a three-phase evaluation, setting it apart from other funding options. What makes it especially attractive is the ability to receive a high-balance account at a reduced cost compared to standard E8 evaluation accounts. The program encompasses several unique features:
- An additional evaluation phase compared to standard E8 accounts.
- Reduced one-time fee structure.
Available Account Sizes and Fees
The E8 Track program offers four distinct account sizes, each with a one-time fee:
- $25,000 account for $138
- $50,000 account for $208
- $100,000 account for $358
- $250,000 account for $598
Phase-Wise Rules of the E8 Track Program
Each phase of the program has its own set of rules:
Step One
- Profit target: 8%
- Daily drawdown: 5%
- Maximum drawdown: 8%
- Minimum trading days: None
- Maximum trading period: 30 calendar days
- Leverage: 1:100
Step Two
- Profit target: 5%
- Daily drawdown: 5%
- Maximum drawdown: 8%
- Minimum trading days: None
- Maximum trading period: 60 calendar days
- Leverage: 1:100
Step Three
- Profit target: 5%
- Daily drawdown: 5%
- Maximum drawdown: 8%
- Minimum trading days: None
- Maximum trading period: 60 calendar days
- Leverage: 1:100
Upon successfully completing all three steps, traders are awarded a funded account matching their evaluation account’s balance. Notably, they become eligible for profit splits at an impressive rate of 80%. Withdrawal requests can be made 8 calendar days after the first position is opened, provided the account balance exceeds the starting balance. Subsequent withdrawals are permissible on a bi-weekly basis, under profit conditions.
