E8 Funding Review (10% discount code: REB8)

Traders at E8 Funding are encouraged to succeed in their careers. The main priority that they expect from their clients is that they are disciplined individuals who properly manage risk and focus on long-term consistency. They allow them to earn high profits by managing account sizes up to $1,000,000 and taking home profit splits of 80%. They can achieve this by trading Forex pairs, commodities, indices, equities, and cryptocurrencies.

Who are E8 Funding?

E8 Funding is a proprietary firm incorporated on the 5th of November, 2021. They pride themselves on being one of the first prop firms based in the heart of the USA offering worldwide funding. They have offices located in Dallas and Texas in the USA with another in Prague in the Czech Republic while offering traders capital up to $1,000,000 in balance with 80% profit splits. They are partnered with a tier-1 liquidity provider who gives direct market access as their broker.

Their headquarters are located at 100 Crescent Ct, Unit 700, Dallas, TX 75201, United States.

Video Review

Funding program options

E8 Funding offers its traders four different account sizes with a 2-Phase Evaluation process. The leverage offered is 100:1, and the account funding is in USD.

The prices for the accounts are:

• $25,000 Evaluation account for $228
• $50,000 Evaluation account for $338
• $100,000 Evaluation account for $588
• $250,000 Evaluation account for $988

The Evaluation Process is structured by Phase 1 and Phase 2. The differences between them are that for Phase 1, the Profit Target is 8%, and the Trading Period is up to 30 days, while for Phase 2, the Profit target is 5%, and the Trading period is up to 60 days.

The profit split is a high 80%, with a maximum daily floating loss of 5% and a maximum overall loss of 8% which had the potential to scale up to 14%. You are allowed to trade forex pairs, commodities, indices, equities, and cryptocurrencies, which makes it great for many traders.

E8 Funding offers another option: an Elevated account. It has the same 2-Phase Evaluation process as the other four accounts, but it differs from the rest since you can scale it up to $1,000,000 in balance. You can scale it up each month by an additional $100,000 by achieving the profit target of +16%. After completing the three stages, your profit split is increased from 80% to 90%.

You are allowed to trade on MetaTrader 4 while also being allowed to trade during news, hold trades overnight and during the weekends.

What makes E8 Funding different from other prop firms?

E8 Funding is different from most industry-leading prop firms due to having relaxed trading rules with almost no restrictions. For example, you can trade during news, hold trades overnight, and during the weekends.

Compared to other prop firms, E8 Funding also offers a high 100:1 leverage and a relatively low-profit target of 8% in Phase 1 and 5% in Phase 2. Comparing that to FTMO who also has an Evaluation Process made out of Phase 1 with a Profit Target of 10% and Phase 2 with a Profit Target of 5%. The Evaluation Process also has one minimum trading day requirement, making it possible to complete in a way shorter period than at other prop firms. For example, My Forex Funds have 5 minimum trading days for their Evaluation Process, while FTMO has 10 minimum trading days for each Phase.

Another difference from most prop firms is that payouts are available bi-weekly, which means every 14 days with a high-profit split of 80%.

The only prohibited trading strategies are high-frequency EA’s and copy trading.

In conclusion, getting funding from E8 Funding can be acquired by many different strategies due to their relaxed trading rules with almost no restrictions. You should focus on fulfilling the profit target while not going below the daily floating drawdown and maximum floating drawdown.

Is getting E8 Funding capital realistic?

It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit your forex trading style. For example, a company offering a high % profit split on a highly funded account sounds great, but if they expect high % gains per month with low % maximum drawdowns, your chances of success become close to zero.

After considering all of that, E8 Funding is a great choice to get funded with. This is since you need to pass an Evaluation Process made out of 2 Phases.

The rules for the Evaluation Process are realistic since the Profit Target in Phase 1 is 8% and in Phase 2 only 5% with a daily floating drawdown of 5% and 8% maximum floating drawdown which has the potential to scale up to 14%. Weekend holding, overnight holding, and news trading are also allowed, which is excellent for Day Traders and Swing Traders looking for capital up to $1,000,000.

Payment proof

E8 Funding was incorporated on the 5th of November, 2021. After getting funded, traders are eligible for bi-weekly payouts with no minimum profit targets.

You can see examples of payment proof in the two following youtube videos:

Which brokers does E8 Funding use?

E8 Funding doesn’t trade with common broker brands. They trade directly through a Tier-1 Liquidity Provider who gives them Direct Market Access with no commissions, low spreads, and flawless execution with their E8 MT4 Server.

As for trading platforms, they allow you to trade on Meta Trader 4.

Trading instruments

E8 Funding allows you to trade forex pairs, commodities, indices, equities, and cryptocurrencies with a 100:1 leverage.

Education & Support for traders

E8 Funding does not provide any educational content on its website.

On the other hand, they have a thread about them on Forex Factory to discuss details about the firm and the features they provide with other users.

Another thread can be found on ForexFactory named ‘’PROP FIRM HUB’’ made by MasterrMind, where E8 Funding also get mentioned numerous times. 

To see the mentioned thread click here.

They are also one of the few prop firms that have an option of a free trial before starting with the Evaluation Process so you can prepare yourself and reduce the chances of errors. 

They provide a well-structured dashboard that all of their clients can access, making it easier to manage risk with all the objectives about their statistics.

Traders’ comments about E8 Funding

E8 Funding has excellent feedback from reviews.

On Trustpilot, they have a large variety of their community commenting and giving positive feedback with a great score of 4.8/5 out of 110 reviews. They also have a fast and reliable support team that will provide you with all the necessary information you require from them or if you are unsure of anything.

Someone also stated that having fair and affordable challenges is another positive feature and a cheerful owner who does his best to interact with his community as much as possible.

A vast majority of the community praises their well-structured dashboard and the fast, responsive customer support team of E8 Funding.

Social media statistics

E8 Funding can also be found on social media.

They have a:

• Instagram account with 10,6k followers,
• Facebook page with 406 followers,
• Twitter account with 133 followers,
• Youtube channel with 267 subscribers and no uploaded videos yet, and
• Telegram account with 1,895 subscribers.

Support

E8 Funding has a FAQ page where you might find the missing information.

The support team is available on their social media, or you can directly contact them on their email support@e8funding.com.

Their live chat support team on their website is available from Monday – Friday: 7 AM – 6 PM CST; and on Weekends: 11 AM – 2 PM CST.

Registration process

To register with E8 Funding, you will require to complete the following steps.

1. Sign up for E8 Funding

2. Email confirmation

3. Choose your account

4. Receive the order confirmation

5. Payment confirmation

6. Phase 1 login credentials provided in 22 hours

7. E8 Funding Phase 1 dashboard

8. Phase 1 completed

9. Confirmation for a completed Phase 1

10. Phase 2 login credentials provided in 5 minutes

11. Phase 2 completed

12. Phase 2 dashboard

13. Phase 2 statistics

14. Funded account activation process

15. E8 Funding trading agreement

16. Received funded account credentials

17. E8 Funding funded account dashboard

18. Funded account dashboard

Conclusion

In conclusion, E8 Funding is a legitimate prop firm offering funding upon completion of the Evaluation Process for traders worldwide. With funding from $25,000 up to $250,000 per trader or strategy in balance with a high 80% profit split, bi-weekly payments, and relaxed trading rules, it’s an excellent firm for undercapitalized traders seeking investors for their trading.

Another option is their Elevated account type, which also requires completion of the 2-phase evaluation process, after which you can scale your balance to $1,000,000.

I would recommend E8 Funding to anyone who has been reaching consistent results. While they are still a relatively new firm, they offer excellent conditions for a big pool of different trading styles for individuals.

Compared to FTMO, My Forex Funds, Lux Trading Firm, and True Forex Funds, which all have Evaluation processes, E8 Funding also provides its clients with a chance of an Elevated account type in which you can scale your balance up from $100,000 up to $1,000,000.

This review about E8 Funding was lastly updated on 19.05.2022 at 13:11 (CE(S)T).

So, what do you think about the layout of the Proprietary Trading firm? Does E8 Funding have the instruments that you want to trade?

Let us know if you enjoyed our E8 Funding Proprietary Trading firm review!

Use the following code for a 10% discount: REB8