In this article, we will be making a general and three-step comparison between E8 Funding and The5%ers.
In this article, we will be making a general and three-step comparison between E8 Funding and The5%ers.
In this article, we will be making a general and three-step comparison between E8 Funding and The5%ers. We will compare the two mentioned proprietary trading firms in general and what they are offering to forex traders worldwide.
Company Details | E8 Funding | The5ers |
---|---|---|
Incorporation Date | November 2021 | April 2020 |
CEO | Dylan Elchami | Gil Ben Hur |
Office Location | Dallas, Texas | London, UK |
Maximum Allocation Capital | $300,000 | 3x $250,000 |
E8 Funding and The5%ers are both reliable and trustworthy proprietary trading firms. E8 Funding was incorporated in November 2021, while The5%ers started operating in April 2020. When it comes to CEOs, Dylan Elchami is the CEO of E8 Funding, while The5%ers is being run by Gil Ben Hur. E8 Funding has offices located in Dallas, Texas, while The5%ers has its headquarters in London, UK. And lastly, when it comes to the maximum allocation capital, traders can manage $300k two-step evaluation accounts with E8 Funding, while with The5%ers, traders can obtain funding up to 3x $250,000. Note that both proprietary trading firms also have a scaling plan.
Funding Program Options | E8 Funding | The5ers |
---|---|---|
Two-step Evaluation | ✅ | ✅ |
Three-step Evaluation | ✅ | ✅ |
Instant Funding | ❌ | ✅ |
E8 Funding and The5%ers both offer multiple funding programs to forex traders worldwide. E8 Funding offers a two-step evaluation and a three-step evaluation. The5%ers, on the other hand, offers a two-step evaluation, a three-step evaluation, and instant funding.
That being said, let’s take a look at the comparison of the three-step evaluation programs.
Three-step Comparison:
Trading Rules/Objectives | E8 Track | Bootcamp Challenge |
---|---|---|
Phase 1 Profit Target | 8% | 6% |
Phase 2 Profit Target | 5% | 6% |
Phase 3 Profit Target | 5% | 6% |
Daily Drawdown | 5% | No Daily Drawdown |
Overall Drawdown | 8% (Scaleable up to 14%) | 5% |
Leverage | 1:100 | 1:10 |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Trading Period | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited |
Profit Split | 80% | 50% up to 100% |
Now that we have covered all the rules and guidelines of the three-step evaluation. Let’s take a closer look at prices.
Account Size | E8 Funding | The5ers |
---|---|---|
$25,000 | $138 | ❌ |
$50,000 | $208 | ❌ |
$100,000 | $358 | $95 (+ $205 After Passing) |
$250,000 | $598 | $225 (+ $350 After Passing) |
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 | The5ers | |
---|---|---|
Broker | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions | Liquidity Provider who gives them Direct Market Access |
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 The5%ers.
Trading Instrumet | E8 Funding | The5ers |
---|---|---|
Forex Pairs | ✅ | ✅ |
Commodities | ✅ | ✅ |
Indices | ✅ | ✅ |
Stocks | ✅ | ❌ |
Crypto | ✅ | ❌ |
The last topic we will go through is community feedback from E8 Funding and The5%ers. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.
Trustpilot Statistics | E8 Funding | The5ers |
---|---|---|
Rating | 4.8/5 | 4.8/5 |
Number of Reviews | 1,306 | 1,373 |
E8 Funding has a rating of 4.8/5 out of a total of 1,306 reviews, while The5%ers has a rating of 4.8/5 out of 1,373 reviews. Based on the statistics, we can clearly see that The5%ers is the slightly more popular proprietary trading firm at the moment.
In conclusion, E8 Funding and The5%ers 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, The5%ers offers three as well: a two-step evaluation, a three-step evaluation, and instant funding.
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
The5%ers 5% active discount link: https://the5ers.com/?ref=7909
This comparison was lastly updated on 05.09.2023 at 06:59 (CE(S)T).