e8 funding review (discount code: POPA)

E8 Funding Review(8% discount code: POPA)

E8 funding is one of the top reputable and popular propfirms with the industry best technology.Their exclusive features such as addons and their scaling plan is one of their top ranking reason.They offer a vrariety of programs to fit all traders in the industry.
Pros

Free trial

News trading allowed

No minimum & maximum trading days

Excellent trustpilot rating 

First payout after 8 days

leverage upto 1:50

Bi-weekly payouts 

Maximum drawdown with scaling upto 14%

Overnight and weekend holding allowed

Sophisticated dashboard

Balance-based drawdown with E8 track program

Offers accounts with currencies :GBP,EUR and USD

Profit split upto 80% for traders

No mandatory stop-loss rule

Variety of trading instruments (stocks,forex,commodities,indices,cryptocurrencies)

Cons
Maximum drawdown of 8%

E8 track account has equity-based drawdown

E8 Funding is not just a proprietry firm offereing funding opportunities,but also an ally to traders worldwide in the trading industry.E8 funding offers variouse funding options to fit traders need and expect them to apply a rigid risk manadement and discipline approach to the markets.They permit traders to manage capital upto $200,000.Traders here can earn on all profits they generate upto 80%, trading the variouse financial insytruments they offer such as stocks,indices,cryptocurrency,commodity and forex.
E8 funding provide traders with adequate capital enabling them to withstand market fluctuations,reducing the impact of short term volatility on their portfolio.With E8 funding traders have the possibility to select their account currency type between GBP,EUR and USD.

Programs offered by E8 Funding

E8 funding offers two programs
E8 Account
E8 Track

E8 Funding's E8 Account

E8 funding's e8 account
use code="POPA" for 8% discount on all accounts
With the E8 Account, traders are to pass a 2-step evaluation with account size ranging from $25,000 upto $200,00.Traders here are to prove their skill in passing the evalaution through discipline and strict risk management to get funded.This program also allows traders to choose their account currencies between GBP,EUR and USD with leverage 1:50.

During the first phase,traders are to make a profit target of 8% under a loss limit parameter of 5% daily and 8% overall loss.This profit target is to be made within no minimum and maximum trading days.After making the 10% profit target during this first phase, traders can move to the second phase as soon.

During this second phase evaluation, traders are to make a 5% profit target within a no maximum nor minimum trading days within a loss limit parameter of 8% overall loss and 5% daily loss limit.

After the 8% profit targets achieved in phase 1 and the 5% profits made during phase 2,traders are provided a funded account.Here traders are entitled with 80% from all profits they generate on the funded account with a no minimum withdrawal required and first payout after 8 days from then,a Bi-weekly withdrawal frequency.
All funded accounts increases its max drawdown by 1% after every successfull withdrawal made to a maximum of 14%.

E8 Account scaling plan details

E8 Account has a very simple scaling plan.Traders can increase their account sizes by making withdrawals.After making profits on funded account, trader’s profit split is 80% of all profits and 20% for E8 funding.After taking your profit split your account balance will remain as before pressing the withdrawal button. For example, a trader having a $100,000 account generates a profit of 10%,his account balance is now $110,000 he requests a withdrawal and gets 80% of the profits which is $8,000,after receiving the profit split his account balance will remain at $110,000.

E8 Account trading rules and objectives

Profit target: Traders will have to proove their skills on E8 account by achieving a profit target of 8% during phase and 5% during the second phase.Funded accounts do not have profit targets

Maximum daily loss: This is the maximum loss limit a trader is allowed to lose in a single trading day.This evaluation and funded accounts program are entitled a maximum daily loss limit. Both the first and second phase have a maximum daily loss limit of 5%.

Maximum loss:This is the maximum overall loss limit a trader is allowed to lose on a trading account both on evaluation and funded accounts.During the 2-phases evaluation period and funded stage with E8 account,maximum loss is 8%.

Minimum trading days:This is the minimum number of days traders are to trade to move to the next stage.This account type has no minimum trading days

Maximum trading days: This is the max number of days traders are to to move to the next stage.E8 account type has no maximum trading days

E8 Track Funding program

E8 fundiong's E8 Track account details
use code="POPA" for 8% discount on all accounts
E8 Track Funding program has a 3-phase evaluation program.Account sizes here ranges from $25,000 to $200,000 and traders also have option to choose account currency type with leverage upto 1:50.

At the phase-1 evaluation phase,traders have to make a profit target of 8% with a no maximum and minimum trading period.Traders have to respect a daily loss of 5% and should not go beyond a maximum loss of 8% inorder to move to the next stage(phase-2)

During this phase-2 stage,a profit target of 5% is to be made under a daily loss limit of 5% and a maximum loss limit of 8%.At this stage also, traders have a no minimum and maximum trading days to move to the phase-3 stage.

The phase-3 stage is the last stage of trader’s evaluation.Here profit target is of 5% under a daily loss limit of 5% and a maximum limit of 8% also with a no minimum and maximum trading days.After this stage completed,traders can move to the funded stage.

At the funded stage,there is no profit target with no maximum and minimum trading days.Traders are entitled 80% of all profits generated on funded account. First withdrawal can be placed after 8 days of being funded and a bi-weekly frequency from then.

E8 Track trading rules and objectives

Profit target: traders are to prove their skills by achieving a profit target of 8% during the first phase of the evaluation account, 5% during second phase and 5% during third phase evaluation stage.All funded accounts do not have profit targets.

Maximum daily loss: This is the maximum loss limit a trader is allowed to lose in a single trading day.All evaluation and funded accounts are entitled a maximum daily loss limit. Both during the first and second,evaluation programs have a maximum daily loss limit of 5%.

Maximum loss:This is the maximum overall loss limit a trader is allowed to lose on a trading account both evaluation and funding accounts.E8 Track account step accounts have 8% maximum loss limit both on evaluation and funded account.

Minimum trading days: This is the minimum number of days a trader is to trade during the evaluation phases.Both 2 phases have a 0 minimum trading days.

Maximum trading days:This is the max number of days a trader is to pass the evaluation phases.There are no maximum trading days on evaluation and funded accounts.

E8 Funding scaling program

E8 Track has a very simple scaling plan.Traders can increase their account sizes by making withdrawals.After making profits on funded account, trader’s profit split is 80% of all profits and 20% for E8 funding.After taking your profit split your account balance will remain as before pressing the withdrawal button. For example, a trader having a $100,000 account generates a profit of 10%,his account balance is now $110,000 he requests a withdrawal and gets 80% of the profits which is $8,000,after receiving the profit split his account balance will remain at $110,000.
Conclusion
E8 funding is a propfirm that prioritizes trader’s success by offering competitive funding options and flexible progframs for traders.Within these years E8 fundinghas shown their goal of offering the best serrvices to its traders of all experiemnce.Thei top-notch dashboard technology gives traders detailed statistics they need to monitor their progress and help them elevate their trading journey.E8 funding is a choice for all traders.