Introduction:
As experienced traders who have had the opportunity to trade with both the Bulenox Funded Trader Program and E8 Funding Trading Program, we at WhichFunded understand the importance of choosing the right trading program to support your journey as a trader. In this blog post, we will provide a comprehensive comparison of these two programs, highlighting their key features, benefits, and opportunities.
Prop Firm Details | E8 Funding | Bulenox |
Year Founded | 2021 | N/A |
Maximum Balance | $1,000,000 | $250,000 |
Tradeable Assets | Forex Indices Metals Commodities Stocks Crypto |
Forex Indices Metals Commodities |
Challenge Type | Two Step Evaluation | One-Step Evaluation |
Trading Platforms | MT4 MT5 |
NinjaTrader |
Trading Hours | Holding Overnight Holding Over Weekend |
❌ |
Copy Trading | ❌ | ✅ |
News Trading | ✅ | ✅ |
EAs | ✅ | ✅ |
Trust Pilot Rating⭐ | 4.7 / 5.0 | 4.7 / 5.0 |
Trust Pilot Reviews | 814 | 91 |
Payment Types | Wire Transfer Paylpal Neteller Crypto Payoneer Coinbase Revolut Wise |
Paypal Crypto Credit Card |
Account Types and Capital:
Both Bulenox and E8 Funding offer multiple account types to cater to traders with different goals and experience levels. Bulenox provides a Qualification Account to showcase your trading skills, followed by a Master Account for advanced traders. On the other hand, E8 Funding offers the E8 Account, E8 Track, and ELEV8 Account. Both programs allow traders to choose account sizes that align with their trading objectives, providing access to substantial capital to work with.
Trading Platforms:
When it comes to trading platforms, both Bulenox and E8 Funding offer access to reliable and popular options. Bulenox provides a trading terminal to execute trades, while E8 Funding offers access to industry-leading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are known for their user-friendly interfaces, advanced charting tools, and extensive range of technical indicators, enabling traders to execute trades efficiently and effectively.
Evaluation Process and Risk Management:
To become a funded trader with both Bulenox and E8 Funding, traders are required to pass through an evaluation process tailored to each program. Bulenox emphasizes responsible and disciplined trading, while E8 Funding sets profit targets, minimum trading days, and drawdown limits. Both programs implement risk management strategies to strike a balance between risk and reward, allowing traders to showcase their skills while managing potential losses.
Profit Split and Withdrawals:
Once traders successfully complete the evaluation process, both Bulenox and E8 Funding offer profit split arrangements. Bulenox allows traders to earn up to 90% of their profits, while E8 Funding offers an enticing 80/20 profit split. Additionally, both programs provide options for withdrawals after specific periods of successful account management. With each withdrawal, E8 Funding increases the trader’s drawdown by 1%, up to a maximum of 14% overall.
Scaling and Growth Opportunities:
Both Bulenox and E8 Funding offer opportunities for traders to scale their funded account balance and achieve substantial growth. Bulenox provides different account tiers with specific profit targets and drawdown limits, allowing traders to progress and increase their account size as they demonstrate consistent performance. E8 Funding’s ELEV8 Account offers a pathway to scale the funded account balance to $1,000,000 or more within a year, rewarding traders for their consistent performance.
Customer Support and Feedback:
Bulenox and E8 Funding demonstrate a commitment to customer satisfaction by providing customer support and access to additional resources. Bulenox offers full support and expert supervision, while E8 Funding offers 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 Bulenox Funded Trader Program and E8 Funding Trading Program offer unique opportunities for traders to access capital, trade professionally, and achieve their financial goals. While Bulenox focuses on providing financial backing and expert guidance, E8 Funding emphasizes innovation and risk scaling. Ultimately, the choice between these two programs depends on individual preferences, trading strategies, and goals. We encourage traders to thoroughly assess their needs and compare the features and benefits of both programs before making a decision.