Introduction:
As traders who have experienced both the UProfit Trader Funded Program and the E8 Funding Trading Program, we at WhichFunded understand the importance of finding the right platform to boost your trading career. In this blog post, we will provide a detailed comparison of these two renowned funded trading programs, highlighting their key features, benefits, and overall trading experiences.
| Prop Firm Details | E8 Funding | Uprofit |
| Year Founded | 2021 | 2019 |
| Maximum Balance | $1,000,000 | $200,000 |
| 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 TigerTrade OptimusFlow InsideEdge Trader Volfix Overcharts Medved Trader Quantower QST ScalpTool TSLAB TradeNavigator SierraChart MultiCharts Photon MotiveWave Bookmap X-Ray |
| Trading Hours | 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 | 5,617 |
| Payment Types | Wire Transfer Paylpal Neteller Crypto Payoneer Coinbase Revolut Wise |
Paypal Crypto Credit Card |
Account Types and Capital:
Both UProfit and E8 Funding offer multiple account types tailored to traders’ experience and capital levels. UProfit provides Basic, Advanced, Elite, and Premium Programs, while E8 Funding offers E8 Account, E8 Track, and ELEV8 Account. These options allow traders to select an account size that aligns with their goals, ranging from $25,000 to $250,000 or even more in the case of E8 Funding. This provides traders with substantial capital to work with and showcase their trading skills.
Trading Platforms:
UProfit and E8 Funding provide access to industry-leading trading platforms. UProfit focuses on trading futures markets, while E8 Funding caters to Forex and CFD traders. UProfit offers a variety of products from reputable exchanges, while E8 Funding offers access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), known for their user-friendly interfaces, advanced charting tools, and extensive range of technical indicators. Both platforms enable traders to execute trades efficiently and effectively.
Evaluation Process and Risk Management:
Both programs have evaluation processes designed to assess traders’ skills and consistency. UProfit emphasizes the importance of risk management by implementing daily loss limits and Pro Drawdown EOD, enabling traders to control their losses effectively. E8 Funding also incorporates risk management through an evaluation process tailored to each account type, with specific profit targets, minimum trading days, and drawdown limits. E8 Funding’s innovative risk scaling allows traders to strike a balance between risk and reward, with an overall drawdown limit of up to 14%.
Profit Split and Withdrawals:
Upon completing the evaluation process, both UProfit and E8 Funding offer profit-sharing arrangements. UProfit reports an average monthly withdrawal of over $200,000, allowing traders to withdraw their profits. E8 Funding provides an enticing 80/20 profit split, where traders keep 80% of their profits and receive a full refund of their evaluation fees. Withdrawals can be made after a specified period of successful account management, and subsequent withdrawals incrementally increase the trader’s drawdown limit, up to a maximum of 14% overall.
Scaling and Growth Opportunities:
UProfit’s programs provide traders with a clear path to becoming master traders. By following the steps outlined in each program, traders can steadily increase their account balance based on their profits. 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. Both programs reward traders for their consistent performance and offer substantial growth potential.
Customer Support and Feedback:
Both UProfit and E8 Funding prioritize customer satisfaction and provide comprehensive customer support. UProfit offers excellent customer service, while E8 Funding offers live customer support through its website and a comprehensive Help Center. Traders who have participated in both programs have provided positive feedback, highlighting the platforms’ transparency, support, and growth opportunities.
Conclusion:
In conclusion, both UProfit Trader Funded Program and E8 Funding Trading Program offer unique opportunities for traders to access capital, trade professionally, and achieve their financial goals. UProfit focuses on futures markets, while E8 Funding caters to Forex and CFD traders. Both programs have robust evaluation processes, risk management measures, profit-sharing arrangements, and growth opportunities. Ultimately, the choice between these two programs depends on individual trading preferences, experience, and goals. Whichever program you choose, rest assured that you will be empowered to thrive in the dynamic world of funded trading.
Disclaimer: The information provided in this blog post is based on our analysis and understanding of the UProfit Trader Funded Program and E8 Funding Trading Program. Traders should conduct their own research and due diligence before participating in any funded trading program.
