Introduction:
As traders, we understand the importance of finding the right funded trading program to enhance our trading journey and access capital. In this comparative review, we will analyze and compare two renowned programs, City Traders Imperium and E8 Funding, offered by WhichFunded. Through our experience with both programs, we aim to provide insights into their key features, benefits, and overall trading experience.
| Prop Firm Details | E8 Funding | City Traders Imperium |
| Year Founded | 2021 | 2018 |
| Maximum Balance | $1,000,000 | $2,000,000 |
| Tradeable Assets | Forex Indices Metals Commodities Stocks Crypto |
Forex Indices Metals Commodities |
| Challenge Type | Two Step Evaluation | One-Step Evaluation Two Step Evaluation Instant Funding |
| Trading Platforms | MT4 MT5 |
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 | 4.8 / 5.0 |
| Trust Pilot Reviews | 814 | 834 |
| Payment Types | Wire Transfer Paylpal Neteller Crypto Payoneer Coinbase Revolut Wise |
Wire Transfer Crypto Paypal |
| Two Step Rules | E8 Funding | City Traders Imperium |
| Profit Target Step 1 | 8% | 10% |
| Profit Target Step 2 | 5% | 5% |
| Max Daily Loss | ❌ | 4% |
| Max Daily Drawdown | 5% | ❌ |
| Max Loss | 8% | 10% |
| Max Drawdown | ❌ | ❌ |
| Min Trading Days Step 1 | ❌ | 5 |
| Min Trading Days Step 2 | ❌ | 5 |
| Max Trading Days Step 1 | 30 | 45 |
| Max Trading Days Step 2 | 60 | 45 |
| Profit Split | 80% | 80%, up to 100% |
Program Overview:
City Traders Imperium (CTI) and E8 Funding are funded trading programs designed to empower traders by providing them with access to capital and a supportive trading environment. While CTI focuses on offering a range of funding programs catering to different trading styles and risk preferences, E8 Funding specializes in providing Forex and CFD traders with substantial capital and scaling opportunities.
Funding Programs:
CTI offers three distinct funding programs: Challenge, Instant Funding, and Direct Funding. These programs allow traders to tailor their funding journey based on their risk tolerance and desired leverage. On the other hand, E8 Funding offers three account types: E8 Account, E8 Track, and ELEV8 Account, allowing traders to choose their desired account size based on their trading goals and experience.
Evaluation Process and Risk Management:
Both CTI and E8 Funding have evaluation processes that traders need to pass to become funded. CTI evaluates traders based on profit targets, trading days, and drawdown limits. E8 Funding also has an evaluation process tailored to each account type, with specific profit targets and drawdown limits. Both programs implement risk management measures to strike a balance between risk and reward.
Profit Sharing and Withdrawals:
CTI offers up to 100% profit share to funded traders, allowing them to maximize their earnings. E8 Funding follows an 80/20 profit split arrangement, where traders keep 80% of their profits. CTI provides fast payouts in as little as 10 active trading days, while E8 Funding allows withdrawals after 8 days of successful account management.
Scaling and Growth Opportunities:
CTI’s funding programs are designed to facilitate aggressive growth of funded capital, providing traders with opportunities to scale up their trading accounts. E8 Funding’s ELEV8 Account allows traders to scale their funded account balance to $1,000,000 or more within a year. Both programs reward traders for consistent performance and offer growth potential.
Trading Platforms and Support:
CTI and E8 Funding provide access to trusted trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms offer advanced charting tools, technical indicators, and user-friendly interfaces. Additionally, both programs offer community support, webinars, informative articles, and market reports to empower traders with knowledge and resources.
Conclusion:
Both City Traders Imperium and E8 Funding, offered by WhichFunded, are prominent funded trading programs that cater to different trading styles and goals. CTI stands out with its generous profit sharing, flexible funding programs, and diverse trading environment. E8 Funding, on the other hand, offers substantial capital, scaling opportunities, and an attractive profit split arrangement. Ultimately, the choice between the two programs depends on individual preferences, risk tolerance, and trading objectives.
