Choosing the right prop firm can make or break your trading career, and today, we’re putting two heavyweights head-to-head: E8 Funding and FTMO.
Both offer funded accounts, but their approaches are as different as day trading and swing trading. Let’s break it down.
Quick Comparison Table
| Feature | E8 Funding | FTMO |
|---|---|---|
| Challenge Structure | Single-stage | Two-stage (Challenge + Verification) |
| Max Account Size | $2,000,000 | $400,000 |
| Profit Split | Up to 90% | Up to 90% |
| Evaluation Fee | No upfront fee | Yes (refundable upon passing) |
| Platform | Flexible | MT4, MT5, cTrader |
| Minimum Trading Days | None | None (but time limits apply) |
| Scaling Plan | Available | Available |
| Tradable Assets | Forex, Metals, Indices, Crypto | Forex, Commodities, Indices, Crypto, Stocks |
Challenge Structure
E8 Funding: Keep It Simple, Trader
- Single-stage challenge: Hit your profit target without breaking rules. That’s it.
- No time pressure: Take as long as you need (within reason, of course).
- Profit target: Usually around 10% (varies by account size).
FTMO: The Two-Step
- FTMO Challenge: Hit a profit target (usually 10%) within 30 days.
- Verification: Prove it wasn’t a fluke. Lower profit target (5%) in 60 days.
Winner: Depends on your style. E8 for simplicity, FTMO for those who like to prove themselves twice.
Account Sizes and Scaling
E8 Funding: Go Big or Go Home
- Start as low as $25,000
- Scale up to a whopping $2,000,000
- Incremental increases based on performance
FTMO: Steady as She Goes
- Options from $10,000 to $400,000
- Scaling plan available after consistent performance
- More conservative max account size
Winner: E8 Funding for sheer size potential, but FTMO’s approach might be more realistic for most.
Profit Split
E8 Funding: The 90% Club
- Start at 80% profit split
- Can increase to 90% based on performance
FTMO: Also in the 90% Club
- Start at 80% profit split
- Can increase to 90% after consistent results
Winner: Tie. Both offer excellent profit splits that can reach 90%.
Fees and Refunds
E8 Funding: No Upfront Costs
- No evaluation fee
- Pay from your profits once funded
FTMO: Pay to Play (But Get It Back)
- Evaluation fee required (varies by account size)
- Fee is fully refunded once you pass and start trading live
Winner: E8 Funding for no initial outlay, but FTMO’s refundable fee system is fair.
Trading Platforms
E8 Funding: Dealer’s Choice
- Use your preferred platform
- Flexibility to trade your way
FTMO: The Big Three
- MetaTrader 4
- MetaTrader 5
- cTrader
Winner: E8 Funding for flexibility, FTMO if you’re already comfortable with their offered platforms.
Trading Rules and Risk Management
E8 Funding: Looser Reins
- More relaxed daily drawdown limits
- Flexible on trading styles
FTMO: Strict but Fair
- Tighter daily and overall drawdown limits
- Stricter adherence to risk management rules
Winner: E8 Funding if you want more freedom, FTMO if you thrive under stricter guidelines.
Educational Resources and Support
E8 Funding: DIY Trader
- Basic educational resources
- Support for technical issues
FTMO: Trading University
- Extensive educational materials
- Regular webinars and trader development programs
- Performance analytics tools
Winner: FTMO for the sheer volume of trader development resources.
The Verdict – It’s Not One-Size-Fits-All
Choosing between E8 Funding and FTMO isn’t about picking the “better” firm – it’s about finding the best fit for your trading style, goals, and personality.
Choose E8 Funding if:
- You want a simpler, single-stage evaluation
- The potential for a larger account size is crucial
- You prefer more flexible trading rules
- You don’t want to pay an upfront fee
Choose FTMO if:
- You value a structured, two-stage evaluation process
- Extensive educational resources are important to you
- You’re comfortable with stricter risk management rules
- You want access to a wider range of tradable assets
Remember, the best prop firm is the one that aligns with your trading strategy and helps you grow as a trader. Both E8 Funding and FTMO have produced successfully funded traders. Your job is to pick the one that’ll bring out the best in you.