E8 Funding has quickly made a name for itself as a reputable proprietary trading firm, deeply committed to uncovering and nurturing hidden trading talents within its community. Established on November 5, 2021, E8 Funding boasts offices in both Dallas, Texas, and Prague, Czech Republic, signaling its global reach and dedication to the trading community.
What E8 Funding Offers
E8 Funding introduces forex traders to a dynamic two-phase evaluation challenge, catering to various levels of expertise with account sizes ranging from $25,000 to $250,000. The evaluation challenge is designed with clear rules: a maximum drawdown of 8% and a daily floating loss limit of 5%. Traders are given 30 days for phase one and 60 days for phase two to showcase their skills, without any minimum trading day requirements. Leverage is set at an enticing 100:1, offering traders significant flexibility, including trading during news releases, holding positions overnight, and over weekends.
Trading Conditions and Platform
E8 Funding partners with a Tier-1 Liquidity Provider, ensuring Direct Market Access for all its traders. The firm predominantly uses the MetaTrader 4 platform, accommodating a wide array of trading instruments such as forex pairs, commodities, indices, equities, and cryptocurrencies. Additionally, E8 Funding has developed the E8X dashboard, an innovative tool that allows traders to meticulously track their performance throughout the challenge.
Community and Feedback
Feedback on Trustpilot highlights E8 Funding’s reliability, with an impressive score of 4.5/5 from 48 reviews. Clients frequently commend the firm for its responsive customer support, swift progression through evaluation phases, and seamless transition to live accounts. The E8X dashboard, in particular, receives high praise for its structured and informative design, further cementing E8 Funding’s reputation as a trader-centric firm.
Exploring E8 Funding: A New Age Proprietary Trading Firm
E8 Funding stands out as a modern, legitimate proprietary trading firm, launched on November 5, 2021. With its roots in Dallas, Texas, USA, and an additional office in Prague, Czech Republic, E8 Funding is on a mission to unearth and nurture hidden trading talents within its community.
What E8 Funding Offers
E8 Funding introduces a two-phase evaluation challenge designed for forex traders, with account sizes varying from $25,000 to $250,000. The firm sets forth straightforward rules: a maximum drawdown of 8% and a daily floating loss limit of 5%. Traders are given 30 days for phase one and 60 days for phase two to showcase their skills, without a minimum trading days requirement. Offering a generous leverage of 100:1, E8 Funding places almost no restrictions on trading strategies, allowing trades during news events, overnight, and over weekends.
Trading Platform and Instruments
Utilizing a Tier-1 Liquidity Provider for Direct Market Access, E8 Funding offers the MetaTrader 4 platform for trading forex pairs, commodities, indices, equities, and cryptocurrencies. A standout feature is their E8X dashboard, enabling traders to monitor their performance comprehensively.
Community Feedback and Support
E8 Funding enjoys a strong reputation, with an excellent Trustpilot score of 4.5/5 from 48 reviews. Reviewers consistently highlight the firm’s reliability, the efficiency of customer support, and the seamless transition from evaluation phases to live accounts. The E8X dashboard also receives commendation for its structure and informative nature.
Stay Connected with E8 Funding
For the latest updates and insights, follow E8 Funding on social media:
- YouTube
- Telegram
Whether you need assistance or information, E8 Funding’s customer support is readily available via live chat on their website or through email at support@e8funding.com.
Future Plans
Looking ahead, E8 Funding aims to broaden its trading floor partnerships throughout 2022. They welcome suggestions on their Facebook page for potential cities to establish their next trading floors.
With a focus on supporting and advancing traders’ careers, E8 Funding is carving a niche for itself in the proprietary trading firm landscape, proving to be a promising avenue for forex traders globally.
In summary, E8 Funding stands out as a prop firm that not only seeks to find trading talent but also to foster growth and development within its trading community. Its comprehensive evaluation challenge, flexible trading conditions, and supportive infrastructure make it an attractive option for traders looking to maximize their potential.
