E8 Funding and Finotive Funding: A Complete Comparison between their funding programs, trading platforms, etc.
E8 Funding & Finotive Funding: A Comparison!
Forex Prop Reviews has created another comparison video between two of the top prop trading companies on the market. E8 Funding and Finotive Funding are these companies. Forex Prop Reviews will contrast them on various criteria, such as general company information, funding policies, trading platforms, and, as always, community opinions.
Comparison of E8 Funding & Finotive Funding
General Details:
| Company details | E8 Funding | Finotive Funding |
| Incorporation date | November 2021 | April 2021 |
| CEO | Dylan Elchami | Oliver Newland |
| Office location | Dallas, Texas | Budapest, Hungary |
| Maximum allocation capital | $1,000,000 | $3,200,000 |
Funding Programs of E8 Funding & Finotive Funding
When it comes to funding programs, there are various structures. Let’s look at some of them.
| Funding program | E8 Funding | Finotive Funding |
| Two-step evaluation | Evaluation program ELEV8 program | Evaluation program |
| Direct funding | – | Instant funding |
| Three-step evaluation | E8 Track Program | – |
Trading Objectives
| Trading objectives | E8 Funding (E8/ELEV8) | E8 Funding (E8 Track) | Finotive Funding (Evaluation Program Account) | Finotive Funding (Instant Funding Account) |
| Phase 1 profit target | 8% | 8% | 7.5% | 7.5% |
| Phase 2 profit target | 5% | 5% | 5% | 5% |
| Phase 3 profit target | – | 5% | – | – |
| Maximum daily loss | 5% | 5% | 5% | 5% |
| Maximum loss | 8% | 8% | 10% | 10% |
| Minimum trading days | No minimum trading days | No minimum trading days | Five calendar days | Five calendar days |
| Maximum trading days | 30 calendar days (Phase 1), 60 calendar days (Phase 2) | 30 calendar days (Phase 1), 60 calendar days (Phase 2 & Phase 3) | 30 calendar days (Phase 1), 60 calendar days (Phase 2) | 30 calendar days (Phase 1), 60 calendar days (Phase 2) |
| Profit split | 80% | 80% | 75% up to 95% | 75% up to 95% |
Evaluation Prices of E8 Funding & Finotive Funding
E8 Funding and Finotive Funding have similar prices when comparing the two-step evaluation program prices. Both prop trading firms share the following account sizes.
| Account size | E8 Funding (E8 Account) | E8 Funding (ELEV8 Account) | E8 Funding (E8 Track) | Finotive Funding (Standard) | Finotive Funding (Swap-free) |
| $2,500 | – | – | – | $50 | $60 |
| $5,000 | – | – | – | $75 | $100 |
| $10,000 | – | – | – | $100 | $150 |
| $25,000 | $228 | – | $138 | $150 | $200 |
| $50,000 | $338 | – | $208 | $300 | $400 |
| $100,000 | $588 | $888 | $358 | $500 | $625 |
| $200,000 | – | – | – | $950 | $1,100 |
| $250,000 | $988 | – | $598 | – | – |
Trading Platforms
| Trading platforms | E8 Funding | Finotive Funding |
| Broker | Tier-1 Liquidity Provider with Direct Market Access | Ascot Prime |
| Trading platform | Meta Trader 4, Meta Trader 5 | Meta Trader 4 |
Trading Instruments
| Trading instruments | E8 Funding | Finotive Funding |
| Forex pairs | Yes | Yes |
| Commodities | Yes | Yes |
| Indices | Yes | Yes |
| Cryptocurrencies | Yes | Yes |
| Equities | Yes | – |
Commissions
The Forex Prop Reviews discuss the commissions that traders pay when trading with each prop firm.
| Trading instruments | E8 Funding | Finotive Funding |
| Forex pairs | 3-5 USD / LOT | 0 USD / LOT; 4 USD / LOT on funded account |
| Commodities | Prices vary | 0 USD / LOT; 4 USD / LOT on funded account |
| Indices | Prices vary | 0 USD / LOT |
| Cryptocurrencies | Prices vary | 0 USD / LOT |
| Equities | Prices vary | – |
Feedback
The final consideration and a crucial factor in picking a prop trading company is the feedback from their community. Forex Prop Reviews will use Trustpilot statistics to illustrate the pros and cons of a prop company because it provides traders with a wealth of information.
| Trustpilot statistics | E8 Funding | Finotive Funding |
| Rating | 4.8 | 4.0 |
| Number of reviews | 534 | 104 |
Both prop trading companies are 100% legitimate and among the best in the prop firm industry, despite the disparity in the number of reviews. Their funding is somewhat more common in the prop trading firm industry, which is primarily why there is a difference. They recently experienced significant popularity growth and made many updates, making them a very appealing option for forex traders worldwide.
Both prop companies, E8 Funding, and Finotive Funding, provide traders worldwide with excellent terms. Trades can’t go wrong because they are both influential prop firms.
Take a look at the complete comparison:
Additionally, traders can compute final costs using the discounts offered by both prop trading companies covered by Forex Prop Reviews. If traders choose one of these prop trading companies, they can purchase these a little cheaper.
For Finotive Funding, 5% Off + 5% Profit split increase discount code ”FOREXPROPREVIEWS”.
For E8 Funding 10% discount, use code ”FOREXPROPREVIEWS.”
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