Prop Firm Switch

E8 Funding Vs FTMO: Which Challenge Is Better?

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

  1. FTMO Challenge: Hit a profit target (usually 10%) within 30 days.
  2. 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.