Welcome to our comparison between E8 Markets and Finotive Funding, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the two-step evaluations that both offer to traders from all across the globe.
Company Details
Company Details | E8 Markets | Finotive Funding |
---|---|---|
Incorporation Date | November 2021 | April 2021 |
CEO | Dylan Elchami | Oliver Newland |
Office Location | Dallas, Texas | Budapest, Hungary |
Scaling Plan |
E8 Markets and Finotive Funding are two reputable and trustworthy proprietary trading firms. E8 Markets was incorporated in November 2021 while being managed by their CEO, Dylan Elchami. They have their offices located in Dallas, Texas. Finotive Funding, on the other hand, was incorporated in April 2021 while being managed by its CEO, Oliver Newland. Additionally, their offices are located in Budapest, Hungary.
Funding Program Options
Funding Program Options | E8 Markets | Finotive Funding |
---|---|---|
One-step Evaluation | ||
Two-step Evaluation | ||
Three-step Evaluation | ||
Instant Funding |
E8 Markets provides their traders with an opportunity to choose between three funding programs to acquire funding, a one-step evaluation, a two-step evaluation, and a three-step evaluation. Finotive Funding, on the other hand, allows its traders to choose between six funding programs to acquire funding, two two-step evaluations, two one-step evaluations, and two instant funding programs.
Two-step Comparison
Trading Objectives | E8 Account | Pro Two-Step Challenge | Two-Step Challenge |
---|---|---|---|
Profit Target (Phase 1) | 8% | 7.5% | 7.5% |
Profit Target (Phase 2) | 4% | 5% | 5% |
Maximum Daily Loss | 4% | 5% | 5% |
Maximum Loss | 8% (Scaleable up to 14%) | 10% | 10% |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Maximum Trading Period | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited |
Leverage | 1:50 | 1:100 up to 1:400 | 1:100 up to 1:400 |
Profit Split | 80% | 75% up to 100% + Monthly Salary | 75% up to 95% |
After covering the trading objectives of each company’s two-step evaluations, let’s take a look at the account sizes and costs of these two-step evaluations.
Account Size | E8 Account | Pro Two-Step Challenge | Two-Step Challenge |
---|---|---|---|
$2,500 | $50 | ||
$5,000 | $59 | $75 | |
$10,000 | $110 | $100 | |
$25,000 | $228 | $150 | |
$50,000 | $338 | $550 | $300 |
$100,000 | $588 | $850 | $500 |
$200,000 | $1,600 | $950 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with E8 Markets and Finotive Funding, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
E8 Markets | Finotive Funding | |
---|---|---|
Broker | Virtual Markets, Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions | Finotive Markets |
Trading Platform | MetaTrader 5, Match-Trader | MetaTrader 5 |
Trading Instruments
Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with E8 Markets and which with Finotive Funding.
Trading Instrument | E8 Markets | Finotive Funding |
---|---|---|
Forex Pairs | ||
Commodities | ||
Indices | ||
Cryptocurrencies |
Community Feedback
The last topic we will cover is community feedback from E8 Markets and Finotive Funding. The statistics are taken from the Trustpilot page of each of the mentioned companies.
Trustpilot Statistics | E8 Markets | Finotive Funding |
---|---|---|
Rating | 4.6/5 | 3.9/5 |
Number of Reviews | 1,835 | 531 |
5-Star Ratings | 90% | 72% |
E8 Markets has an excellent rating of 4.6/5. This is out of a total of 1,835 reviews, where 90% of them are rated as 5 stars. Finotive Funding, on the other hand, has a great rating of 3.9/5. However, this is out of a total of 531 reviews, where 72% of them are rated as 5 stars.
Conclusion
In conclusion, E8 Markets and Finotive Funding are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. E8 Markets has a two-step evaluation and a three-step evaluation, while Finotive Funding has two two-step evaluations, two one-step evaluations, and two instant funding programs.
This concludes our comparison between E8 Markets and Finotive Funding. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!
E8 Markets 5% active discount code: FOREXPROPREVIEWS
Finotive Funding 5% discount code + 5% increased profit split: FOREXPROPREVIEWS
Our comparison between E8 Markets and Finotive Funding was last updated on 19.06.2024 at 08:07 (CE(S)T).