Welcome to the home of the best funded trader program feature. We will keep this page updated with the leader in the trader funding space.
What does it take to be a best funded trader program? We have outlined the review process in the trader funding review introduction.
Best Trader Funding:
E8 – Refundable trader evaluation with limitless scaling to $1,000,000 in under one year, career potential, and trader funding in as quick as 3 days.
Let’s break down E8 and how it compares to its competitors in the trader funding industry.
The two-Phase trader evaluation process allows traders to be funded in 2 days if profit targets are reached. Could be a Funded Trader on day 3. E8 offers a diverse selection of Forex, stock, world index, commodity, and even crypto trading products. Cryptocurrency products are available to trade 7 days a week.
E8 offers two types of accounts E8 Funded and ELEV8. E8 funded keeps the same parameters throughout the funding journey. ELEV8 can be scaled up to $1,000,000 in funding in one month and have traders enter a review for trading desk offers.
Great traders will always have extra opportunities available. But at other funding firms, you are more likely to get profit capped than rewarded with trading career opportunities.
Price and Value
E8 trader evaluation costs a 1-time refundable fee. Price is before any specials, check the Trading Program Deals page for best deals on the programs. Could further improve the value of this great, perhaps even best trader funding program
|Evaluation Account Size||Refundable Fee|
|$25,000 E8 Account||$228|
|$50,000 E8 Account||$338|
|$100,000 E8 Account||$588|
|$250,000 E8 Account||$988|
|$100,000 ELVE8 Account||$888|
E8 Trader Evaluation accounts appear to be priced about double what same virtual size trading accounts are priced with other programs. Might seem to be a disadvantage at first look. E8 offers great value:
- Refundable fee. At the time of first funded trader account withdrawal the fee will be returned to the trader
- Single Fee. While trade can qualify for funding in as few as 2 days, trader is allowed to take up to 90 days between two steps. One fee covers the whole process. In other programs you would be charged monthly fees, actually making E8 cheaper than most competitors if evaluation spans 3 months and fails.
- Favorable conditions to the trader. Drawdown rules are very favorable to the trader. So much so that some trader funding programs charge triple in $/drawdown for static drawdown vs their trailing drawdown system. Proving how valuable such drawdown type is to the trader.
Opening E8 Account
Opening an Account is extremely easy, Simply click the enroll button under the evaluation account of your choice. Enter promo code, if you have one. Submit payment. Within minutes access to the Dashboard and MT4 trading account will be provided. Very easy thanks to the automated process.
New and experienced traders from around the world are welcome to apply. The program is 18+ and welcomes traders from the USA, Europe, and most countries around the world.
To qualify for a funded trader account you have to complete achieve two profit goals. 8% in the first step and 5% in the second step. Trader profit goals are as follows.
|Evaluation Account Size||Phase 1||Phase 2|
|$25,000 E8 Account||$2,000||$1,250|
|$50,000 E8 Account||$4,000||$2,500|
|$100,000 E8 Account||$8,000||$5,000|
|$250,000 E8 Account||$20,000||$12,500|
|$100,000 ELVE8 Account||$8,000||$5,000|
The profit target is higher than what it is in top-rated futures-funded trader programs. Trader freedom, drawdown rules, funded rules, and career opportunities make it well worthwhile to participate in the E8 program despite having a higher profit goal per dollar of funding compared to some of the industry competition.
E8 Phase 1 can be completed in as little as 1 trade, as long as the profit target is reached. A trader has to complete the Phase 1 profit target in a maximum of 30 trading days.
E8 Phase 2 also has a 1-day minimum requirement. In stage two traders are allowed a maximum of 60 days to achieve the profit target.
Multi-Step program is disadvantaged vs single-step programs. However, 2 days to E8 funded trader account is elite in the funding industry.
E8 has a huge advantage over other funding programs thanks to its product selection. Some products are available to trade and count towards goal completion 7 days a week. Individual instrument contract specifications display the exact hour the market for a particular instrument is open. While there is no punishment for swing trading, it is possible to be caught offside with an opening gap. Please factor that into your risk management.
E8 Trading Instruments:
|E8 Evaluation Instrument Category||FX and CFD contracts|
|Currency or Forex||All major USD and EUR crosses. Dozens of exotic crosses, if you need to trade CAD/CHF or GPB/NZD|
|US and EU Index Products||Dax, Euro 50, SP500, Nasdaq, and Dow are amongst major index products|
|Commodities||Crude Oil, Gold, and silver markets are available for day and swing trading.|
|US Major Stocks||AAPL, FB, TSLA, and NFLX CFD products are amongst stocks available to trade|
|Crypto||BTC, ETH, ADA, and other major coins are available for trading.|
|Volatility Index||VIX is available|
E8’s offering is a massive strength of the programs. An elite selection of products is available for e8 trader evaluation and live trading.
Trader Freedom is another in E8 being ranked best funded trader program.
E8 Rule, or lack thereof highlights:
- News Trading – no restrictions, traders need to decide for themselves if holding positions during expanded volatility and higher spread/slippage environment is acceptable trading risk.
- Overnight Trading – holding positions over night is perfectly within the rules. Traders get to make their own decision if they choose to risk exposure to inter-session opening gaps.
- Leverage – Trading accounts have access to 100x leverage, it is up to traders themselves to decide how much of it they would like to use. Prop trading firms behind E8 Trading believes it is important for trader for focus on risk while deciding on their own how much leverage to take on.
This is where E8 crushes the competition – 8% drawdown in each step and the live account is static. While we describe the drawdowns for the competition, keep in mind that the drawdown for the E8 Trader funding account is still sitting at the same Starting Balance – 8% level.
Competition Evaluation Drawdown Rules:
- Live trailing drawdown – some funding competitor trailing account loss limit trails non-stop. in competitor big accounts it is possible to drawdown from near 19.9k profit to 12.4k profit and fail the evaluation because the $7.5K trailing drawdown. Meanwhile E8 drawdown is still at -8% of original balance.
- EOD trailing drawdown is considered elite in the futures trader funding, and is often great value. But how much better would it be if it was just like E8 trader evaluation if it was still relaxing at -8% level.
- Surprise Live Account Drawdown Variation – Some programs offer different drawdown during evaluation and live trading, and then they tell the trader it is for their own good. E8 is looking at those policies confused while still holding drawdown in live trading account at -8%
- Surprise Profit Restrictions – many funded trader programs require you to reach and keep certain profit threshold before requesting a withdrawal above it. Of course while promptly trailing up the drawdown to at least balance break even. Most traders never see the profits or money inside the cushion. At E8, you guessed it, drawdown sits at -8% even in live account. You can withdraw money above break even balance and keep trading with original balance.
Trader balance and drawdown rules alone make any con of the program negligible and make E8 Best Trader funding Program
Trading Career and Scaling
ELEV8 $100,000 account offers special benefits.
Traders who advanced to ELEV8 funded accounts will enjoy a better profit split. 90% goes to the trader, 10% to the firm vs 80% in E8 accounts. For every 30 days that trade has gained of 16% or more – the account will be scaled up by $100,000. The account can be scaled by $100,000 up to $1,000,000 as fast as 9 months from evaluation fee payment. Every trader who achieves a $1,000,000 accounts status will be evaluated for a senior trader position at one of prop firm partners around the world.
Big trading career scaling opportunity for a refundable evaluation fee.
Platform & Data
Traders Execute on MT4 on E8 MT4 Server. Liquidity is provided through Tier-1 liquidity partners.
Dashboard and Tracking
Traders have access to account data that updates every 60 seconds. Trader performance that can be tracked:
- Trader Stats: Average win, average loss, win ratio, risk reward ratio
- Account balance graph tracking trader’s evaluation journey
- Days traded, start and date by which you have to complete the evaluation phase
- Profit Progress shows current P&L result and profit target.
- Daily loss and the every relaxing at 8% initial account balance losses are tracked in the analytics dashboard
- Complete trade log
- Individual instrument performance analysis
Real-time account tracking is once again leading the industry. Many programs do not even have EOD performance analysis, you have to dig deep to check drawdown numbers.
Traders can request profits above the initial balance of the funded trader account after 8 trading days. After that withdrawals can be made every 14 days.
E8 profit split is 80% to the trader 20% to the firm
ELEV8 traders keep 90% of the profits with 10% going to the firm
Traders can choose to keep their profits in the account to build a cushion. Prop firm however will still take out 20% of profits made every month.
If you are not ready to trade right away, they will provide you with a trial account to familiarize yourself with all the provided financial instruments and platform.
E8 Funding Summary – Best Funded Trader Program
E8 refundable fee evaluation enables trader freedom and trading career opportunity. Diversity in products, quick path to funding, and the very special drawdown type earned it the best funded trader program title.
Read in-depth E8 Funding review for overview of products, spreads and tips to maximize E8 Trader evaluation experience. We will cover advanced uses like cloud expert adviser trading later on the sites in the resources section.