Welcome to our comparison between E8 Markets and Funded Trading Plus, 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 | Funded Trading Plus |
---|---|---|
Incorporation Date | November 2021 | November 2021 |
CEO | Dylan Elchami | Simon Massey |
Office Location | Dallas, Texas | London, UK |
Scaling Plan |
E8 Markets and Funded Trading Plus 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. Funded Trading Plus, on the other hand, was incorporated in November 2021 while being managed by its CEO, Simon Massey. Additionally, their offices are located in London, UK.
Funding Program Options
Funding Program Options | E8 Markets | Funded Trading Plus |
---|---|---|
One-step Evaluation | ||
Two-step Evaluation | ||
Three-step Evaluation | ||
Instant Funding |
E8 Markets provides their traders with an opportunity to choose between two funding programs to acquire funding, a one-step evaluation, a two-step evaluation, and a three-step evaluation. Funded Trading Plus, on the other hand, allows its traders to choose between four funding programs to acquire funding, two two-step evaluations, a one-step evaluation, and an instant funding program.
Two-step Comparison
Trading Objectives | E8 Account | Advanced Trader Program | Premium Trader Program |
---|---|---|---|
Profit Target (Phase 1) | 8% | 10% | 8% |
Profit Target (Phase 2) | 4% | 5% | 5% |
Maximum Daily Loss | 4% | 5% | 4% |
Maximum Loss | 8% (Scaleable up to 14%) | 10% (Trailing) | 8% (Trailing) |
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 | 1:30 | 1:30 |
Profit Split | 80% | 80% up to 100% | 80% up to 100% |
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 | Advanced Trader Program | Premium Trader Program |
---|---|---|---|
$5,000 | $59 | ||
$10,000 | $110 | ||
$25,000 | $228 | $199 | $247 |
$50,000 | $338 | $349 | $397 |
$100,000 | $588 | $499 | $547 |
$200,000 | $949 | $1,097 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with E8 Markets and Funded Trading Plus, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
E8 Markets | Funded Trading Plus | |
---|---|---|
Broker | Virtual Markets, Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions | ThinkMarkets |
Trading Platform | MetaTrader 5, Match-Trader | Match-Trader, DXtrade, cTrader |
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 Funded Trading Plus.
Trading Instrument | E8 Markets | Funded Trading Plus |
---|---|---|
Forex Pairs | ||
Commodities | ||
Indices | ||
Cryptocurrencies |
Community Feedback
The last topic we will cover is community feedback from E8 Markets and Funded Trading Plus. The statistics are taken from the Trustpilot page of each of the mentioned companies.
Trustpilot Statistics | E8 Markets | Funded Trading Plus |
---|---|---|
Rating | 4.6/5 | 4.7/5 |
Number of Reviews | 1,835 | 2,175 |
5-Star Ratings | 90% | 92% |
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. Funded Trading Plus, on the other hand, also has an excellent rating of 4.7/5. However, this is out of a total of 2,175 reviews, where 92% of them are rated as 5 stars.
Conclusion
In conclusion, E8 Markets and Funded Trading Plus 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 one-step evaluation, a two-step evaluation, and a three-step evaluation, while Funded Trading Plus has two two-step evaluations, a one-step evaluation, and an instant funding program.
This concludes our comparison between E8 Markets and Funded Trading Plus. 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
Funded Trading Plus 10% active discount code: FOREXPROPREVIEWS
Our comparison between E8 Markets and Funded Trading Plus was last updated on 19.06.2024 at 11:25 (CE(S)T).