How To Get Funded With E8 Funding Prop Company
To receive the trading capital from E8, simply sign up for the product or the account size you wish to trade with. In order to become an E8 Funded Trader, you will have to pass the E8 Funding 2-step evaluation process consisting of Phase-1 and Phase-2.Once you pass the challenge, you will get funded.
If you plan to start your career in trading but do not have enough capital, you can always opt for funding. You can check the list of prop trading firms to understand which one suits your needs the most. E8 Funding is one such leading prop trading firm bringing you the best of trading. The key to getting funded with E8 trading is passing the challenge on to the account. Once you pass the challenge, you will get funded and a refund of the amount you deposited to start your career in prop trading.
How do you become a funded trader?
If you want to become a funded trader with E8 Funding prop firm, you must pass the challenge.
The E8 Funding Challenge usually consists of 2 steps: Phase 1 and Phase 2, except the E8 Track account, which has 3 phases. After you pass both phases, you will become eligible to receive funding from E8 Funding.
Below, we provide you a detailed guideline on how to pass the E8 Funding funded account program and become a funded trader:
Step 1: Visit the official website of E8 Funding.
Step 2: Scroll down to choose from the E8 Funding funded trading accounts: E8 Account, E8 Track or Elev8.
Step 3: Click on the “Create Account” option. You will be redirected to a new page.
Step 4: Sign up using your email ID (preferably Gmail) or manually enter the details in the given boxes.
Step 5: After filling up all the details, tick the checkboxes to ensure you agree to the terms and conditions.
Step 6: On the next page, you must select your account size. There are different options to choose ranging from $25,000 to $250,000.
Step 7: Now, you will need to deposit for the account size you have chosen using your preferred mode of payment.
Step 8: You will receive all account details in your email and be ready to start trading.
Step 9: For your Phase 1, you will have to trade, for which you will have to secure the respective profit amount for that phase within 30 days.
Step 10: Now that you have passed Phase 1, you have to clear Phase 2 within 60 days. (Phase 3 in case of E8 Tracker account).
Step 11: As soon as you pass Phase 2 or Phase 3 (for E8 Tracker), you will receive credentials for your ‘real’ account and be funded.
Note:
There are certain rules and regulations that you will need to follow to pass your E8 Funding funded program challenge:
The daily loss limit for every account is around $1250.
Your overall loss limit must be at most $2000.
You will receive an account suspension email immediately if you violate any of these rules.
How long does it take to become a funded trader?
There is no minimum number of trading days to become a funded trader. You must trade between 30-60 days if you want to become funded with E8 trading. However, you must know that becoming a funded trader is a challenging task. Since there are so many restrictions and rules, you must ensure that you avoid mistakes to become a funded trader. If you violate even one rule, you will risk losing your funded account. As a result, you will have to begin from 0 again to become funded. On average, you may need around 12-14 months to become proficient in handling the rules of these accounts and eventually become funded.
E8 Funding website
How much can I attract as a funded trader?
After getting the best funded trading accounts, E8 funding, you can get any of the four capitals depending on the account size you have chosen to get started as a funded trader:
$25,000
$50,000
$100,000
$250,000
FAQs
How do I get my payout from E8 funding?
You must secure funding on your E8 account to be eligible for withdrawal. You can get the payout in your bank account after being profitable.
How does E8 funding work?
E8 funding provided a two-phase challenge to all aspiring traders who create an account on this platform. After passing the two phases of the challenge, the trader will receive funding depending on their chosen account size.
Which broker does E8 funding use?
You can access MetaTrader4 and MetaTrader5 on E8 funding.
Who is the CEO of E8 funding?
Dylan Elchami is the CEO of E8 Funding.
Team that worked on the article
Upendra Goswami is a full-time digital content creator, marketer, and active investor. As a creator, he loves writing about online trading, blockchain, cryptocurrency, and stock trading.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.