E8Funding Prop Firm REVIEW
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E8Funding -Forex Prop Firm since 2021 | |
Discount: – 10% OFF |
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*use the coupon code on checkout |
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Value for Money: 8 out of 10 | |
User Experience Score: 9 out of 10 |
True Forex Funds Programs
FUNDING PROGRAM
Phase 1 Target | 8% |
Phase 2 Target | 5% |
Overall DrawDown | 8% |
Daily DrawDown *Based on Equity |
5% |
Profit Split | 80% |
Minimum Trading Days | 1 in Demo |
MaxFunding | $300k |
Withdrawals: BI-WEEKLY . 8 Days for first Withdrawal. No Trading Days in Demo Phase
The Targets are ok in the market, it is easier to achieve them – but be careful with Drawdown as it is based on Starting Equity of the day and don’t risk a lot of money till you don’t receive some good income from them.
E8Funding Pros and Cons
OK – now let’s see what we have so far and if this will be enough for us to make a decision and know what to do next.
PROS:
- OK Pricing
- Standard program
- Bi-weekly payouts.
- Scaling plan with higher paid programs (extra 100k on each 16% profit target).
CONS:
- Daily 5% target is based on the Equity as well which makes it harder to acknowledge.
- Sometimes their server could have problems.
- High commissions and spreads.
- Not for Scalpers.
CONCLUSION
At this moment E8Funding is in TOP 7 Prop Trading Firms out there. I’ve seen many companies come and go, and this company is so far ok in the market.
You just need to make sure not to invest a lot of money in their program, but to approach it safe and steady and reinvest the gained money in their other accounts.
My Risk with True Forex Funds: 10%
^^ My Risk ^^: 20% of overall Investment over PropFirms (e.a. If I have 1MLN in funding I would have a 200k account with them) and then increase your accounts from profits because of complaints from other traders
Website | https://trueforexfunds.com |
Created on | 2021-02-04(1 years and 7 months) |
Location | US and Czech Republic |
TrustPilotScore (254+ reviews) |
EXCELLENT 4.8 out of 5 (October 2021 First Review) |
Trusted | 80% |
Is E8Funding fee Refundable?
YES, After you pass your challenge and you move to funded phase you need to be profitable for first payout and then they will refund your fee.
Is E8Funding a Scam?
At this moment we are not sure exactly how it will evolve, since we have traders who were paid and we have traders who were denied. One thing is clear is that their support is not top of the game at the moment. And we are not sure if they are copying trades to live markets or not.
Customer service is ok so far.
Click Here to Join our Telegram Group
where we share our opinion and results from different Prop Trading Firms.
There are too many well know people and companies involved into this product, so it is not a SCAM, the only thing to take care is to make sure you can pass the challenge and be profitable in the funded phase.
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