In the modern trading era, keeping updated with evolving trends and organizations is vital. E8 Funding is one such entity gaining traction among global traders. The relevance of understanding E8 Funding’s business model and services is amplified by its growing influence on investment decisions worldwide.
Traders Union compiled a comprehensive E8 Funding review, highlighting the firm’s intricate operational framework, service offerings, and value propositions. TU experts have highlighted the strengths and limits of the broker and mentioned its costs.
What is E8 Funding?
According to TU experts, E8 Funding is a proprietary trading firm that operates without regional restrictions. They offer a broad spectrum of account types, with balances ranging from $25,000 to $250,000, scalable up to $1 million. E8 Funding charges only initial fees starting from $138, determined by the account type, while imposing no monthly fees.
A wide range of trading instruments, such as currency pairs, stocks, indices, energies, metals, and cryptocurrencies, are available for trading. The firm provides the opportunity to trade on weekends, use advisors and bots, apply to hedge, and copy trades on the popular MetaTrader 4 and MetaTrader 5 platforms, including mobile versions. E8 Funding implements a profit-sharing model where 80% of net profits go to partners, with the remaining 20% retained by the company.
Advantages and disadvantages of E8 Funding
TU experts have identified and listed the advantages and disadvantages of E8 Funding:
Advantages:
- Multiple account types and initial fee options.
- No recurring monthly payments or withdrawal fees.
- Complete freedom in trading strategy selection and application.
- The use of widely recognized trading platforms: MetaTrader 4 and 5.
- Partners retain 80% of profits with payouts available from the 8th day of cooperation.
- Scalable accounts facilitating balance growth up to $1 million.
Disadvantages:
- Limited to only MetaTrader 4 and 5 trading platforms.
- Customer support primarily through email and limited live chat availability.
- Profits can only be withdrawn once every 14 days.
Analysis of features of E8 Funding
Traders Union has meticulously evaluated various parameters of E8 Funding. The firm receives high scores for user satisfaction (9.62/10), regulation and safety (9.9/10), commissions and fees (9.7/10), and variety of instruments (9.2/10). Furthermore, the brand’s popularity is solid at 9.3/10, and the customer support work is rated at 9.5/10. E8 Funding’s education support boasts an impressive perfect score of 10/10.
Trading conditions for E8 Funding users
According to the TU experts, E8 Funding’s partners must only pay initial fees without hidden subscription or withdrawal charges. Partners can trade any listed instrument, with leverage up to 1:100. Customer support is accessible via email or live chat, including weekends with earlier closing hours.
The firm utilizes MT4 and MT5 trading platforms, providing a variety of account types. The minimum deposit is $138, and leverage can reach 1:100. Partners can benefit from attainable challenges, up to $1 million balance growth, minimal trading limits, and an 80% profit share.
Costs of E8 Funding
TU experts emphasize that E8 Funding, being a proprietary trading firm, does not serve as a liquidity provider or route trades to the market, hence, does not need corresponding licenses. The firm collaborates with first-level providers, allowing traders to avail the lowest possible spreads and trading fees. E8 Funding only charges initial fees ranging from $138 to $988, depending on the account and balance. The firm garners a 20% share of every partner’s net profits, which aligns with the standard practices across proprietary trading firms.
Additionally, TU experts have conducted and published The Funded Trader reviews. To know about the broker and read an insightful review, visit the official website of Traders Union.
Conclusion
Traders Union’s detailed review provides valuable insights into E8 Funding’s operations. While the firm shows promising potential with its service offerings, some limitations, such as restricted platform choices and limited customer service, need consideration. We encourage all prospective partners and traders to explore this review further, evaluate their options, and make informed decisions. For an even deeper dive and more insights, visit the official website of Traders Union.
