Introduction
Welcome to our comprehensive comparison of two reputable funded trading programs: Earn2Trade and E8 Funding. As experienced traders, we have had the opportunity to trade with both firms and gain valuable insights into their offerings. In this blog post, we will provide an objective analysis of the key features, benefits, and overall trading experience provided by Earn2Trade and E8 Funding. Let’s dive in!
| Prop Firm Details | E8 Funding | Earn2Trade |
| Year Founded | 2021 | 2017 |
| Maximum Balance | $1,000,000 | $400,000 |
| Tradeable Assets | Forex Indices Metals Commodities Stocks Crypto |
Equity Futures Forex Futures Agricultural Futures Energy Futures Interest Rate Futures Metals Futures |
| Challenge Type | Two Step Evaluation | One-Step Evaluation |
| Trading Platforms | MT4 MT5 |
NinjaTrader Rithmic InsideEdge Trader Volfix ATAS Medved Trader Quantower TradeNavigator SierraChart Photon MotiveWave RInvestor Bookmap X-Ray Jigsaw Daytradr |
| 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 | 1,290 |
| Payment Types | Wire Transfer Paylpal Neteller Crypto Payoneer Coinbase Revolut Wise |
Wire Transfer Paylpal Crypto Payoneer Coinbase Revolut Wise |
Evaluation Process
Both Earn2Trade and E8 Funding have a rigorous evaluation process to ensure that only skilled traders progress to the funded stage. This emphasis on evaluation helps maintain high standards and increases the chances of success for traders. However, the specific evaluation criteria may differ between the two programs, tailored to each account type.
Funding and Account Types
Earn2Trade offers two primary funded trading programs: Trader Career Path® and The Gauntlet Mini™. Traders can start with a virtual account size of $25,000 or $50,000 and have the opportunity to receive funding from a trading firm upon successfully passing the evaluation phase. On the other hand, E8 Funding provides three distinct account types: E8 Account, E8 Track, and ELEV8 Account. Traders can choose an account size ranging from $25,000 to $250,000, depending on their trading goals and experience.
Trading Platforms
Both Earn2Trade and E8 Funding offer access to renowned trading platforms. Earn2Trade provides traders with a professional trading platform equipped with robust features and resources to execute trades effectively. E8 Funding, on the other hand, offers access to the industry’s most trusted trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are known for their user-friendly interfaces and advanced charting tools.
Risk Management
Both programs prioritize risk management and instill disciplined trading habits in traders. Earn2Trade places a strong emphasis on strict risk management principles to protect traders’ capital. E8 Funding implements innovative risk scaling, allowing traders to scale their overall drawdown up to a certain percentage, striking a balance between risk and reward.
Profit Split and Scaling Opportunities
Upon completing the evaluation process, both Earn2Trade and E8 Funding offer traders enticing profit split arrangements. Earn2Trade enables traders to keep a significant portion of their profits, while E8 Funding provides an 80/20 profit split. Moreover, E8 Funding’s ELEV8 Account offers an exciting opportunity for traders to scale their funded account balance to $1,000,000 or more within a year based on their performance.
Support and Resources
Both firms prioritize providing traders with support and resources to enhance their trading journey. Earn2Trade offers expert mentorship and guidance, helping traders refine their strategies and improve performance. E8 Funding demonstrates a strong commitment to customer satisfaction by offering live customer support through their website and providing a comprehensive Help Center.
Conclusion
In conclusion, both Earn2Trade and E8 Funding offer aspiring traders unique opportunities to accelerate their trading careers through funded trading programs. Both programs have their own strengths, such as Earn2Trade’s comprehensive evaluation process and emphasis on mentorship, and E8 Funding’s innovative risk scaling and attractive profit split arrangement. Ultimately, the choice between the two programs depends on individual preferences, trading goals, and experience levels. Whichever program you choose, both Earn2Trade and E8 Funding provide comprehensive solutions to empower traders in the dynamic world of trading.
