Introduction
Welcome to our comparison blog post, where we will explore and compare two prominent funded trading programs: FTUK Funded Trading Program and E8 Funding Trading Program. As traders who have experienced both programs, we at WhichFunded understand the importance of making an informed decision when choosing the right trading program. Join us as we delve into the key features, benefits, and overall experiences of these programs.
| Prop Firm Details | E8 Funding | FTUK |
| Year Founded | 2021 | 2021 |
| Maximum Balance | $1,000,000 | $5,760,000 |
| Tradeable Assets | Forex Indices Metals Commodities Stocks Crypto |
Forex Indices Commodities Crypto |
| Challenge Type | Two Step Evaluation | One-Step Evaluation Instant Funding |
| Trading Platforms | MT4 MT5 |
MT4 MT5 |
| Trading Hours | Holding Overnight Holding Over Weekend |
Holding Overnight Holding Over Weekend |
| Copy Trading | ❌ | ❌ |
| News Trading | ✅ | ✅ |
| EAs | ✅ | ✅ |
| Trust Pilot Rating⭐ | 4.7 / 5.0 | 4.6 / 5.0 |
| Trust Pilot Reviews | 814 | 150 |
| Payment Types | Wire Transfer Paylpal Neteller Crypto Payoneer Coinbase Revolut Wise |
Wire Transfer Paylpal Payoneer Coinbase Revolut Wise |
Evaluation Process
Both FTUK and E8 Funding offer evaluation processes to assess traders’ skills and provide them with access to capital. FTUK’s Evaluation Program features a streamlined one-step process, while E8 Funding tailors its evaluation process to each account type. The evaluation process in both programs involves meeting specific targets and maintaining drawdown limits. However, E8 Funding stands out with its innovative risk scaling, allowing traders to strike a balance between risk and reward.
Account Types and Capital
FTUK offers funding amounts ranging from $14,000 to $90,000, while E8 Funding provides traders with three account types: E8 Account, E8 Track, and ELEV8 Account, with account sizes ranging from $25,000 to $250,000. E8 Funding also offers the opportunity to scale the funded account balance to $1,000,000 or more within a year through their ELEV8 Account.
Trading Platforms
Both FTUK and E8 Funding provide access to reliable and popular trading platforms. FTUK offers access to trusted platforms, while E8 Funding offers access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), renowned for their user-friendly interfaces and advanced charting tools. Traders can efficiently execute trades on these platforms in both programs.
Profit Split and Withdrawals
FTUK’s funded traders can withdraw funds starting from Level 2, providing financial flexibility. On the other hand, E8 Funding offers an enticing 80/20 profit split arrangement, allowing traders to keep 80% of their profits and receive a full refund of their evaluation fees. Withdrawals in E8 Funding can be made after 8 days of successful account management, further increasing the trader’s drawdown limit.
Support and Feedback
Both FTUK and E8 Funding emphasize the importance of trader support. FTUK offers study coaches, trusted trading platforms, account reports, and continuous support throughout the trader’s journey. E8 Funding also provides live customer support and a comprehensive Help Center. Both programs have received positive feedback from traders, highlighting their transparency, support, and growth opportunities.
Conclusion
In conclusion, both the FTUK Funded Trading Program and the E8 Funding Trading Program offer aspiring traders the opportunity to access capital and trade professionally. FTUK stands out with its low sign-up fees, flexible trading conditions, and rapid scaling plans. On the other hand, E8 Funding provides traders with a unique opportunity to scale their funded account balance significantly and offers an attractive profit split arrangement. Ultimately, the choice between these programs depends on individual preferences and trading goals.
At WhichFunded, we understand the importance of finding the right funded trading program that aligns with your needs. We provide unbiased information and resources to help traders make informed decisions. Explore our website for more valuable insights and guidance on choosing the right trading program.
Disclaimer: The information provided in this blog post is based on our analysis and understanding of the FTUK Funded Trading Program and E8 Funding Trading Program. Individual experiences may vary, and it is recommended to conduct further research and due diligence before making any investment or trading decisions.
