In this article, we will be making a general and two-step comparison between E8 Funding and Finotive Funding.
In this article, we will be making a general and two-step comparison between E8 Funding and Finotive Funding.
In this article, we will be making a general and two-step comparison between E8 Funding and Finotive Funding. We will compare the two mentioned proprietary trading firms in general and what they are offering to forex traders worldwide.
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 | $300,000 | 3x 200,000 |
E8 Funding and Finotive Funding are both reliable and trustworthy proprietary trading firms. E8 Funding was incorporated in November 2021, while Finotive Funding started operating in April 2021. When it comes to CEOs, Dylan Elchami is the CEO of E8 Funding, while Finotive Funding is being run by Oliver Newland. E8 Funding has offices located in Dallas, Texas, while Finotive Funding has its headquarters in Budapest, Hungary. And lastly, when it comes to the maximum allocation capital, traders can manage $300k two-step evaluation accounts with E8 Funding, while with Finotive Funding, traders can obtain funding up to 3x 200k two-step evaluation accounts. Note that both proprietary trading firms also have a scaling plan.
Funding Program Options | E8 Funding | Finotive Funding |
---|---|---|
One-step Evaluation | ❌ | ✅ |
Two-step Evaluation | ✅ | ✅ |
Three-step Evaluation | ✅ | ❌ |
Instant Funding | ❌ | ✅ |
E8 Funding and Finotive Funding both offer multiple funding programs to forex traders worldwide. E8 Funding offers a two-step evaluation and a three-step evaluation. Finotive Funding, on the other hand, also offers a one-step evaluation, two-step evaluation, and instant funding programs.
That being said, let’s take a look at the comparison of the two-step evaluation programs.
Two-step Comparison:
Trading Rules/Objectives | E8 Funding (Normal) | E8 Funding (Extended) | Finotive Funding |
---|---|---|---|
Phase 1 Profit Target | 8% | 8% | 7.5% |
Phase 2 Profit Target | 5% | 5% | 5% |
Daily Drawdown | 5% | 5% | 5% |
Overall Drawdown | 8% (Scaleable up to 14%) | 10% (Scaleable up to 14%) | 10% |
Leverage | 1:50 | 1:50 | 1:100 up to 1:400 |
Minimum Trading Days | No minimum trading days | 5 calendar days | No minimum trading days |
Trading Period | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited |
Profit split | 80% | 80% | 75% up to 95% |
Now that we have covered all the rules and guidelines of the two-step evaluation. Let’s take a closer look at prices.
Account Size | E8 Funding (Normal & Extended) | Finotive Funding |
---|---|---|
$2,500 | ❌ | $50 |
$5,000 | ❌ | $75 |
$10,000 | ❌ | $100 |
$25,000 | $228 | $150 |
$50,000 | $338 | $300 |
$100,000 | $588 | $500 |
$200,000 | ❌ | $950 |
$250,000 | $988 | ❌ |
After covering all the trading objectives, rules, and pricing, let’s take a closer look at brokers and trading platforms that we can use with each proprietary trading firm.
E8 Funding | Finotive Funding | |
---|---|---|
Broker | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions | Finotive Markets |
Trading Platform | MetaTrader 4, MetaTrader 5 | MetaTrader 5 |
Another important factor when comparing proprietary trading firms is trading instruments. Below you can see which trading instruments we can trade with E8 Funding and Finotive Funding.
Trading Instrument | E8 Funding | Finotive Funding |
---|---|---|
Forex Pairs | ✅ | ✅ |
Commodities | ✅ | ✅ |
Indices | ✅ | ✅ |
Stocks | ✅ | ❌ |
Crypto | ✅ | ✅ |
The last topic we will go through is community feedback from E8 Funding and Finotive Funding. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.
Trustpilot Statistics | E8 Funding | Finotive Funding |
---|---|---|
Rating | 4.7/5 | 4.4/5 |
Number of Reviews | 1,263 | 247 |
E8 Funding has a rating of 4.7/5 out of a total of 1,263 reviews, while Finotive Funding has a rating of 4.4/5 out of 247 reviews. Based on the statistics, we can clearly see that E8 Funding is the more popular proprietary trading firm at the moment.
In conclusion, E8 Funding and Finotive Funding are two excellent proprietary trading firm choices for any trader. We can see some clear differences regarding the trading rules and objectives, prices, and community feedback. In addition, we can also see that there is a difference regarding funding program options since E8 Funding offers the following two: a two-step evaluation and a three-step evaluation. On the other hand, Finotive Funding offers three as well: one-step evaluation, two-step evaluation, and instant funding programs.
We will be ending the comparison with our special discount codes for each of the two compared proprietary trading firms. You can find both discount codes below!
E8 Funding 10% active discount code: FOREXPROPREVIEWS
Finotive Funding 5% discount code + increased 80% profit split: FOREXPROPREVIEWS
This comparison was lastly updated on 05.09.2023 at 07:07 (CE(S)T).