In this comparison article, we will dive into the uniqueness that E8 Funding and FundedNext bring to the table.
In this comparison article, we will dive into the uniqueness that E8 Funding and FundedNext bring to the table.
In this comparison article, we will dive into the uniqueness that E8 Funding and FundedNext bring to the table. We will be comparing some general company information as well as their two-step evaluation programs with all the trading objectives that traders are required to respect while working with them.
| Company Information | E8 Funding | FundedNext |
|---|---|---|
| Owner | Dylan Elchami | Syed Abdullah Jayed |
| Company Location | Dallas, Texas | UAE, Bangladesh |
| Established In… | November 2021 | March 2022 |
| Maximum Account Size | E8 Evaluation: $200,000 E8 Track: $200,000 | Two-step Stellar Challenge: $200,000 One-step Stellar Challenge: $200,000 Evaluation Model: $200,000 Express Model: $200,000 |
| Funding Plans | E8 Funding | FundedNext |
|---|---|---|
| One-step Evaluation | ❌ | ✅ |
| Two-step Evaluation | ✅ | ✅ |
| Three-step Evaluation | ✅ | ❌ |
| Trading Parameters | E8 Funding | FundedNext (Stellar) | FundedNext (Evaluation) |
|---|---|---|---|
| Phase 1 Profit Target | 8% | 8% | 10% |
| Phase 2 Profit Target | 5% | 5% | 5% |
| Daily Drawdown | 5% | 5% | 5% |
| Maximum Drawdown | 8% (Scaleable To 14%) | 10% | 10% |
| Leverage | 1:100 | 1:100 | 1:100 |
| Minimum Trading Day Requirements | No Minimum Trading Days | 5 Calendar Days | 5 Calendar Days |
| Maximum Trading Day Period | Phase 1: No Time Limitations Phase 2: No Time Limitations | Phase 1: No Time Limitations Phase 2: No Time Limitations | Phase 1: 30 Calendar Days Phase 2: 60 Calendar Days |
| Profit Split | 80% | 80% Up To 90% | 80% Up To 90% |
| Account Sizes | E8 Funding | FundedNext (Stellar) | FundedNext (Evaluation) |
|---|---|---|---|
| $6,000 | ❌ | $59 | $49 |
| $10,000 | ❌ | ❌ | ❌ |
| $15,000 | ❌ | $119 | $99 |
| $25,000 | $228 | $199 | $199 |
| $50,000 | $338 | $299 | $299 |
| $100,000 | $588 | $519 | $549 |
| $200,000 | ❌ | $999 | $999 |
| $250,000 | $988 | ❌ | ❌ |
| Trading Platform & Brokerage | E8 Funding | FundedNext |
|---|---|---|
| Trading Platform | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5 |
| Broker | Purple Trading Seychelles | Incenteco, GrowthNext |
| Tradable Assets | E8 Funding | FundedNext |
|---|---|---|
| Forex Pairs | ✅ | ✅ |
| Commodities & Metals | ✅ | ✅ |
| Indices | ✅ | ✅ |
| Crypto | ✅ | ❌ |
| Trustpilot Feedback | E8 Funding | FundedNext |
|---|---|---|
| Overall Rating | Excellent (4.7/5) | Excellent (4.7/5) |
| Total Reviews | 1,376 | 7,049 |
| 5-Star Rated Reviews | 91% | 86% |
To conclude, we can say that E8 Funding and FundedNext are two exceptional proprietary trading firms based on their offerings. After going through each companies company’s information, two-step programs, and all the trading objectives, we can clearly say that both categorize under the top proprietary trading firms in the entire prop trading space. In addition, both companies are also rated as excellent proprietary trading firms by their community’s feedback through Trustpilot.
