E8 Funding Scaling Plan

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E8 Funding has 3 scaling plans - E8 Account, E8 Track and Elev8. Traders can scale up their account up to $1.000.000 with the typical profit split 80%/20%

As these proprietary trading firms continue to grow, we are always looking for the best who can offer the most benefits. By checking out the list of prop trading firms, you get an idea of who would provide you funding if you cater to all the rules.

Amidst all these prop trading companies, one such popular company is E8 Funding. They offer E8 Funding Scaling, which enables you to scale your account and increase the overall account balance. In this article, we will guide you about the E8 Funding Scaling plan and how to become a funded trader and scale your account.

Image: E8 Funding

What is the E8 Funding scaling plan?

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The E8 Funding scaling plan refers to the plan where the traders can scale their capital up to $1 million. Unlike other plans, the E8 Funding scaling plan provides the benefit of profit split withdrawal within eight days.

Post that, the schedule would shift to bi-weekly. You can get funded up to $300,000, which you can scale to the limit. With every drawdown you request, you will also be eligible to increase your account balance.

E8 Funding Scaling plan packages

All three E8 Funding Challenges are eligible for the Scaling plan package. These include:

E8 Account

E8 Track

Elev8

E8 Account

The account provides four funding, depending on the amount you apply for: $25,000, $50,000, $100,000 and $250,000. You can make the required deposit and participate in the challenge to secure your profit. This is a two-phase challenge in which you must maintain an overall profit of $2000.

E8 Track

E8 Track is one of its kind. Unlike the other plans, this is a 3 phase challenge. Even for a lower cost, you will receive the same benefits and rewards on your E8 Track plan regarding scaling. You have to secure at least 5% profit in all three phases without hitting the 5% loss limit to secure your account. You will get an overall period of 60 days to pass the account.

Elev8

As the name suggests, this scaling plan allows you to elevate your account and is often hailed to be one of the best funded trading accounts. You can learn a lot by taking active participation in this account. Elev8 is a two-step funded challenge. After passing, you get to scale your account by $100,000 monthly, achieving a profit goal of around +16%. After scaling successfully for the next three stages, you will be eligible to receive a profit share of 90-10% on your Elev8 account. However, the maximum period you can pass the challenge is 30 days (Phase 1) and 60 days (Phase 2). You can scale up your account up to $1.000.000.

Example of scaling plan E8 Funding

To know E8 Funding Scaling plan review and how it works, let's take the example of Mavin Byers, a successful funded trader who managed to scale his account.

Mavin started his funded trading journey with an E8 account. He started with a small account of $25,000 by depositing $228. Mavin cleared both phases of the challenge within 15 days using his exceptional trading skills. He maintained a daily drawdown limit of $1250. Regarding the risk level, Mavin did not allow his account's loss limit to slip below $1500 (the overall limit is $2000). After passing Phase 1, Mavin moved to Phase 2, where he maintained the overall profit share and passed the challenge. After passing both phases, Mavin became funded by E8. This is where his journey for the Scaling plan started.

As a part of the Scaling plan E8 Funding, Mavin maintained his account limit. Mavin requested a withdrawal after being consistently in profit. He received the profit amount, and his drawdown limit increased by 1%. He continued to trade with the remaining amount in his account and consistently maintained the profit limits without hitting the overall drawdown limit of $2000.

During his journey, Mavin did not violate any rules of the E8 Funding challenge and continued to scale his account.

FAQs

What is the maximum funding for E8 funding?

The maximum funding you can receive from E8 Funding is $300,000, which is up to $1.0 million.

What is the profit share of E8 funding?

The profit-sharing model of E8 Funding depends on the account type you opt for. For the Elev8 program, you will receive a profit split of 90-10%, whereas, for others, you will receive 80-20%.

What is the difference between a funded trader and E8 funding?

E8 Funding differs from funded traders in that they offer 0 minimum trading days. If you secure profit, you can get started with the trading challenge and pass it even on the first day.

When was E8 funding founded?

E8 Funding was founded in 2021, and within a very short period, they have established themselves as the leading prop trading firm.

Team that worked on the article

Upendra Goswami
Contributor

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
Dr. BJ Johnson
Developmental English Editor

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.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).