E8 Funding announced the E8 Track program earlier this year, and it is finally here. Today we are going to be presenting it! The E8 Track funding program is a unique three-phase evaluation program that allows you to manage a starting account size of up to $250,000. The funding program is going to be an attractive feature for traders since they will be able to receive an account of the same balance for a lower cost compared to their E8 evaluation accounts.
As previously mentioned, E8 track funding programs are similar to E8 evaluation accounts. The only differences are:
- One additional evaluation phase
- Lower one-time fee
The E8 Track funding program has four different accounts sizes:
- $25,000 account for a one-time fee of $138
- $50,000 account for a one-time fee of $208
- $100,000 account for a one-time fee of $358
- $250,000 account for a one-time fee of $598
Rules of step one of the E8 Track funding programs:
- Profit target: 8%
- Daily drawdown: 5%
- Maximum drawdown: 8%
- Minimum trading days: No minimum trading day requirements
- Maximum trading period: 30 calendar days
- Leverage: 1:100
Rules of step two of the E8 Track funding programs:
- Profit target: 5%
- Daily drawdown: 5%
- Maximum drawdown: 8%
- Minimum trading days: No minimum trading day requirements
- Maximum trading period: 60 calendar days
- Leverage: 1:100
Rules of step three of the E8 Track funding programs:
- Profit target: 5%
- Daily drawdown: 5%
- Maximum drawdown: 8%
- Minimum trading days: No minimum trading day requirements
- Maximum trading period: 60 calendar days
- Leverage: 1:100
After completing all three evaluation steps, you receive a funded account of the same balance as your evaluation account while also being eligible to profit splits of 80%. Note that you can request your first withdrawal 8 calendar days after opening your first position on your funded account if your account balance is above the starting account balance. Withdrawals after the first one are on a bi-weekly basis, meaning that you can withdraw if you are in a profit every 14 calendar days.
E8 Funding 10% discount code: FOREXPROPREVIEWS
You can visit the E8 Funding website or read our review.