In the ever-evolving prop trading space, E8 Funding emerges with a fresh perspective. This firm, founded in 2021, isn’t just another entity in the bustling world of finance. It identifies and champions individual talents, empowering adept Contract for Difference (CFD) and forex traders with a chance to leverage E8 Funding’s capital.
The landscape of proprietary trading, once the exclusive domain of heavyweight banks and hedge funds, has dramatically transformed. Thanks to visionary prop firms like E8 Funding, retail forex enthusiasts, even those strapped for capital but rich in skill, can now access an enviable pool of trading resources, sometimes amounting to staggering sums in the hundreds of thousands!
The firm’s liberal embrace of Expert Advisors (EAs) is yet another nod to its forward-thinking mentality. With a maximum leverage set impressively at 1:100, a competitive profit share of 80%, and a generous maximum drawdown allowance of 14%, E8 trading could be the perfect prop firm for many. Is it right for you? This E8 Funding review will help you answer this question.
We will cover its benefits and look into some of the most telling E8 Funding reviews and ratings. Read on to discover more.
What is E8 Funding?
E8 Funding is a proprietary trading firm based in Dallas, Texas. Established in 2021, the company has quickly made a name for itself in the competitive world of forex and CFD trading. At its heart, E8 Funding is dedicated to identifying and supporting hidden trading talents from all over the globe, providing them with unique funding opportunities.
To ensure traders have the best tools at their disposal, E8 Funding has designed a user-friendly platform backed by advanced technology. This gives traders access to tier-1 liquidity, positioning the firm among the leading proprietary trading companies out there.
E8 Funding places a strong emphasis on discipline and risk management. Traders, while being entrusted with accounts that can go up to a whopping $1,000,000, are expected to manage their trades responsibly. They have the freedom to trade in a wide array of areas, from forex pairs and commodity indexes to equities and cryptocurrencies. With the potential to earn up to 80% in profits, E8 Funding offers more than just a trading platform, it offers a promising career path.
E8 Funding Features
Here are some of E8’s most notable features:
- Automated Payment Methods: E8 Funding boasts a streamlined payment system. With an adept support team, the trader evaluation wraps up in under two hours. Plus, their cutting-edge trading dashboard simplifies the rewards request process. Notably, traders can qualify for their first reward after only eight trading days.
- High-end Technology: E8 Funding is all about offering traders a seamless funding journey. They’ve partnered with industry leaders to ensure traders access institutional liquidity and the best in tech solutions.
- E8 X Advanced Dashboard: This proprietary dashboard stands out. Designed to be intuitive, it grants global traders deep insights into pivotal trading metrics.
- Scaling Accounts Quickly: E8 has introduced an innovative account scaling feature for their regularly funded accounts. Starting with an 8% total drawdown, traders earn an extra 1% in daily drawdown with each withdrawal. It peaks when the account drawdown hits 14%.
- Easy to Understand Evaluation: Prospective traders undergo either a two-step or three-step assessment with an 8% profit target. No pressure on minimum trading days either. The initial phase spans 30 days, with subsequent phases lasting 60 days and a 5% profit target.
- Leverage and Platforms: Traders can harness a maximum leverage of 1:100, using MT4 or MT5 trading platforms.
- Refundable Evaluation Fees: If things don’t pan out, E8 Funding’s evaluation fees are refundable.
- Algorithmic Trading: Unlike some competitors, E8 supports algorithmic trading.
- Risk-Free Exploration: Fancy a test run? E8 offers a 14-day free trial.
- Diverse Trading Options: Traders can operate with three base account currencies and tap into 39 currency pairs, which include exotic and emerging market currencies. Dabble in 3 commodities, 5 indices, 5 cryptos, and even 4 U.S.-listed blue-chip equities.
E8 Funding Reviews and Ratings
E8 Funding has an impressive overall rating of 4.7 out of 5 on Trustpilot. Lets see what actual users like about it:
E8 Funding is not just a platform but a bridge to the vast financial industry, connecting ambitious traders to lucrative Forex and CFD opportunities. The offerings are diverse, from their user-friendly interfaces to a broad spectrum of trading instruments. Their unique evaluation process stands out, allowing traders to engage with a multitude of Forex pairs and even wet their beaks in the cryptocurrency market.
E8 Funding seems to be a promising choice for traders, from retail enthusiasts to seasoned professionals. For those keen to explore their trading potential with a trusted partner, E8 Funding is there for you. Ready to start? Click here.