E8 Funding Alternatives - Better Prop Firms for 2024
Find out the major disadvantages of E8 Funding Proprietary Trading Firms and alternatives with lower fees and more security. Unbiased E8 Funding Alternatives reviews.
So which Proprietary Trading Firms are better than E8 Funding? Want to jump straight to the answer? FunderPro is the best alternative prop firm to E8 Funding for June 2024 .

Rating breakdown

Challenge Assessment
70%
3.5/5
Support
40%
2.0/5
Trading Fees
50%
2.5/5
Payout Scheme
60%
3.0/5

Things we didn't like:

 Only two types of evaluations
 Payroll delays
 High spread

Why would you want an alternative to E8 FUNDING?

Forget about fancy dashboards and flashy marketing spiels. What traders care about is in the detail: spreads, profit targets, and tradeable assets. Here is where E8 drops the ball. The spreads and commissions are some of the highest in the industry. Users have complained about not receiving payouts and a poor responsive rate from the customer support team. In fairness, there are plenty of glowing reviews too from satisfied contestants who have benefited from the platform.

The firm also drops the ball when it comes to customer support, with minimal means of contact and limited hours (most prop firms are available 24/7). E8 does not have any discord server for traders, an increasingly popular feature that connects contestants to a social community within their prop firm of choice. When it comes to the numbered issues about high spreads and commissions, however, it could be said that there is no smoke without fire!

What to look for in a E8 FUNDING Alternative?

With the above in mind, here is what we would suggest as an alternative to E8 Funding: a propriety trading firm which fills in the gaps above. Ideally you want to keep the good and add the missing features.

Best E8 FUNDING alternatives – Proprietary Trading Firms like (or better than) E8 FUNDING

Rating breakdown

Challenge Assessment
90%
4.5/5
Support
100%
5.0/5
Trading Fees
100%
5.0/5
Payout Scheme
90%
4.5/5

Things we liked:

 Exclusive Discount Code (20% Off Exclusive Offer)
 Minimal rules & unlimited time for completion
 Two-part assessment leading to $200,000 in funding
 Scaling plan & fast-track funding opt

Things we didn't like:

 A Relatively New player in the funded account offering

#1
FunderPro Overview

Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.

4.1 / 5

Rating breakdown

Challenge Assessment
90%
4.5/5
Support
70%
3.5/5
Trading Fees
70%
3.5/5
Payout Scheme
100%
5.0/5

Things we liked:

 FTMO charges a one-time fee only
 FTMO has generous conditions for its traders

Things we didn't like:

 Complaints about the platform freezing
 Complaints about lack of customer support

#2
FTMO Overview

FTMO is the latest in a burgeoning series of scouting programs. Propriety trading firms or “prop firms” put traders to the test (for a fee) through evaluations and challenges. The lucky few who pass are then funded with capital, and successful trades are split down a percentage with the broker. As scouting firms go, FTMO is an excellent all-rounder. Alongside a decent 80% payout for successful traders, FTMO equips users with webinars, workshops, and coaching.

3.9 / 5

Rating breakdown

Challenge Assessment
70%
3.5/5
Support
70%
3.5/5
Trading Fees
90%
4.5/5
Payout Scheme
80%
4.0/5

Things we liked:

 Let you trade with leverage of up to 1:30

Things we didn't like:

 5%ers Challenge fee is on the higher end of the spectrum
 There are other holes in the 5%er offer

#3
the5ers Overview

The 5%ers is a prop trading firm founded by Gil Ben Hur and Snir Chiel. Both former forex day traders, Gil and Snier, experienced first-hand the frustrations that lack of capital bring to experienced traders ready to play the markets. Hence, the 5%ers Funding Program was born: a platform to reward worthy traders with significant capital, with profits shared in a win-win outcome.

E8 Funding Alternatives Frequently Asked Questions (FAQs):

Are there any sites like E8 Funding?
Yes, there are many sites offering similar services to E8 Funding. These include FunderPro, City Traders Imperium, Lux Trading Firm and many more. If you are looking for an alternative to E8 Funding,  FunderPro is currently rank as the number one on the list of top Forex Prop Firms.
Who are E8 Funding Top Competitors?
E8 Funding 's top competitors in June 2024 are: FunderPro, FTMO, the5ers and more. FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

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