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E8 Funding: A Quick Look at Prop Trading

Account Type, Funding Model, and Success Ratio

By Jason GoodePublished 3 years ago 3 min read

E8 Funding is a forex prop trading firm that has created a great, cozy space for funded traders to trade conveniently and profit continuously. For forex traders, prop trading firms have been a blessing as they have allowed them to grow or scale their profit by investing more money with only minimum account fees. Although there may not be anything particularly remarkable in it, but traders always seek out a forex prop trading firm that will provide them with a supportive environment, and in this regard, E8 Funding stands out from all other forex prop trading firms.

E8 Funding Overview

According to sources in several financial magazines, E8 Funding is a forex prop trading firm with offices in Texas in the USA and Prague in the Czech Republic, started operating officially in 2021. Since that time, they have had an exponential surge in market acquisition. They are very active on Telegram to keep tabs on their traders, and their CEO Dylan Elchami is constantly in contact with them as evidenced by his presence in both their Facebook group and on Telegram. In addition, E8 Funding employs a sizable staff to attend to the needs and inquiries of the traders.

Funded E8 Funding Accounts

Why is E8 Funding still a top pick for forex traders when there aren't any irritating targeted ads and newsletters jamming in your inbox in every minute? The obvious answer is their “Account

Offerings”. E8 Funding is mostly a prop firm for traders who want to scale up easily while investing only a minimum funded account fee. They offer different account types in segments, allowing traders to choose the one that best suits their needs without any additional burden. The account types offered by E8 Funding include the E8 ACCOUNT, the ELEV8 Account, and the recently launched E8 TRACK.

E8 Funding’s Funding Model

In the E8 Funding model, traders are responsible for managing their own accounts and choosing their own trades. To help traders succeed, the company provides access to its trading tools as well as continuous support. Since we know the account segments offered by E8 Funding, let’s explore how the funding in these account types works.

1. E8 Funded Account

E8 Funded account is a simulated trading account that offers an 80% profit split to traders. As soon as a trader signs their trader agreement, E8 Funding connects their account to the Proprietary Trading live accounts. The sole responsibility for traders is to trade cautiously, and sensibly and not to breach any rules set by E8 Funding for a better trading journey for them.

2. ELEV8 Account

This is the offered account to find the traders who are really consistent. E8 Funding looks for the brightest and most qualified traders and offers them the opportunity to manage a seven-figure account from anywhere on the planet. They regard to ELEV8 as their "proprietary scaling solution," and it really does uncover talented traders and allow them access to a lot of trading capital in a simple, step-by-step method.

A trader can manage a funded account of $1,00,000 within a year and depend on their own performance. The simple objective to avail of this is to maintain 16% every month. Once a trader starts to maintain the objective, E8 will scale the trader’s account balance by $1,00,000 each month. The biggest flex is that a trader can withdraw any profit they made, even if they fall short of the targeted 16% profit target. However, a trader can still try to achieve the 16% profit target within the next 30 days.

3. E8 Track

E8 Track is another E8 Funded trader-friendly account that offers traders a low-cost entry to the funded trading account. E8 Track is suitable for traders who believe themselves to be highly competent and don’t bother to for another phase of evaluation.

The first withdrawal is available at any time after 8 calendar days. Traders are allowed to withdraw 80% of their profits every 14 calendar days on all account types.

E8 Funding Trader’s Success

Within quite a short time E8 Funding has managed to have success through its set of Funded Traders. E8 Funding's profile on Trustpilot, as well as on Trust Reviews and Reviews.io, serve as evidence of their successes.

Traders openly share their success stories on review websites, highlighting how E8 Funding and their support team have contributed to their achievements. While a prop trading firm's success is a trader's success, E8 Funding could paint a golden line for its traders by equipping them with whatever they needed.

The Bottomline

While many traders nowadays lose hope while looking for funded trading accounts, E8 Funding is giving them a great opportunity to get funded and boost their profits. Their services and accounts are the major factors behind the success of thousands of traders globally.

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About the Creator

Jason Goode

Jason Goode is a highly experienced and skilled trader with a proven track record of success. With a passion for finance and an unwavering commitment to his clients, he has established himself as a trusted advisor in the industry.

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Comments (1)

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  • Abbie Smith12 months ago

    Nice info. It might be worth it to have a look at atfunded.com if you want a broker-backed prop firm by a leading global broker, with transparent rules, and trader focused approach

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