Introduction:
As experienced traders who have had the opportunity to trade with Audacity Capital Funded Trading and the E8 Funding Trading Program, we at WhichFunded understand the importance of making informed decisions when choosing a proprietary trading firm. In this comparison blog post, we will provide an objective analysis of these two programs, highlighting their key features, benefits, and overall trading experience.
| Prop Firm Details | E8 Funding | Audacity Capital |
| Year Founded | 2021 | 2012 |
| Maximum Balance | $1,000,000 | $480,000 |
| Tradeable Assets | Forex Indices Metals Commodities Stocks Crypto |
Forex Indices Commodities |
| Challenge Type | Two Step Evaluation | Two Step Evaluation Instant Funding |
| Trading Platforms | MT4 MT5 |
MT4 |
| Trading Hours | Holding Overnight Holding Over Weekend |
Holding Overnight |
| Copy Trading | ❌ | ✅ |
| News Trading | ✅ | ❌ |
| EAs | ✅ | ✅ |
| Trust Pilot Rating⭐ | 4.7 / 5.0 | 4.7 / 5.0 |
| Trust Pilot Reviews | 814 | 983 |
| Payment Types | Wire Transfer Paylpal Neteller Crypto Payoneer Coinbase Revolut Wise |
Paypal Crypto Credit Card |
| Two Step Rules | E8 Funding | Audacity Capital |
| Profit Target Step 1 | 8% | 10% |
| Profit Target Step 2 | 5% | 10% |
| Max Daily Loss | ❌ | ❌ |
| Max Daily Drawdown | 5% | 7.5%-5% |
| Max Loss | 8% | 15%-10% |
| Max Drawdown | ❌ | ❌ |
| Min Trading Days Step 1 | ❌ | 7 |
| Min Trading Days Step 2 | ❌ | 7 |
| Max Trading Days Step 1 | 30 | 30 |
| Max Trading Days Step 2 | 60 | 60 |
| Profit Split | 80% | 75% |
Capital and Account Types:
Both Audacity Capital and E8 Funding offer funded trading programs that provide traders with access to significant capital. Audacity Capital starts traders off with a fully-funded live trading account ranging from $15,000 to $500,000, while E8 Funding provides three distinct account types 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 firms offer access to well-known and trusted trading platforms. Audacity Capital utilizes a trading platform that provides fast executions, tight spreads, and deep liquidity. E8 Funding, on the other hand, offers access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), renowned platforms known for their user-friendly interfaces and advanced charting tools.
Evaluation Process and Risk Management:
Audacity Capital’s program features a unique fast scaling plan, where traders’ trading accounts are doubled in size upon achieving a 10% profit target. E8 Funding, on the other hand, implements an evaluation process tailored to each account type, which typically involves meeting specific profit targets, trading days, and drawdown limits. Both programs emphasize risk management by implementing measures to protect traders from excessive losses.
Profit Split and Withdrawals:
Audacity Capital operates on a 50/50 profit-sharing model, ensuring a fair and transparent partnership between the firm and traders. E8 Funding offers an enticing 80/20 profit split, allowing traders to keep 80% of their profits and receive a full refund of their evaluation fees. Both firms have specific policies regarding withdrawals, allowing traders to access their profits after meeting certain criteria.
Flexibility and Trading Conditions:
Audacity Capital offers flexible trading conditions, allowing traders to profit from anywhere in the world at any time, with no minimum trading days or deadlines. E8 Funding also provides traders with the freedom to trade according to their preferences and lifestyles. Both programs aim to empower traders by offering flexibility in their trading activities.
Reputation and Customer Feedback:
Audacity Capital and E8 Funding have garnered positive reviews and testimonials from traders worldwide. Both firms are known for their commitment to trader success, transparency, and fairness. Traders have praised the effectiveness of both programs and the support provided by the respective firms.
Conclusion:
In conclusion, both Audacity Capital Funded Trading and the E8 Funding Trading Program offer unique opportunities for traders to access capital and trade professionally. Audacity Capital stands out with its fast scaling plan, flexible trading conditions, and fair profit-sharing model, while E8 Funding excels with its scalable account balance and attractive profit split arrangement. Ultimately, the choice between these two firms depends on individual trader preferences and goals. We recommend thoroughly evaluating the features and benefits of each program to determine which one aligns best with your trading objectives.
