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When choosing a prop firm partner, traders have many choices. What makes SurgeTrader different from E8 Funding?
Traders have many options to solve their challenge of undercapitalization. Specifically, though, why should you choose SurgeTrader vs. E8 Funding? We’ve laid out the SurgeTrader vs. E8 Funding differences below for you to make an informed decision.
 2 Phase Audition |
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 “E8 Account – Standard” |
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|---|---|---|
| Entry-Level Accounts ($25K – 50K) |  |
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| Mid-Tier Accounts ($100K – 250K) | |
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| Large Accounts ($500K) | |
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| Funded with Real Money | |
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| Platforms: Both MT4 and MT5 | |
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| Day 1 Payouts Permitted | |
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| Base Profit Share | 80% | 80% |
| Max Funding Per Trader | $925k | $300k |
| Tradeable FX Pairs | 46 | 39 |
| Tradeable Equities | 1,360 | 0 |
| Tradeable Metals | 5 | 2 |
| Tradeable Indices | 16 | 4 |
| Tradeable Crypto | 27 | 4 |
| Tradeable Commodities | 6 | 1 |
| Retry Discount for Failed/Breached Accounts | 20% | None |
* Logos and trademarks belong to their respective owners and are included here for comparison purposes only. This comparison is accurate as of October 26, 2023
SurgeTrader is different from E8 Funding in several important ways. SurgeTrader offers exceptionally simple 1 Phase and 2 Phase funding models, where traders take an Audition with clear rules, no minimum trading days and no time restrictions.
With our program, SurgeTraders take a 1 or 2 Phase Audition in a demo environment, where they have access to trade FX pairs, equities, metals, indices, crypto and commodities – 1,460 different assets in total! E8 Funding has a grand total of 50 tradable assets. Why trade with a prop firm that provides such a limited set of assets?
Beyond E8 Funding’s limited tradable assets, traders will also find the total funding available to them caps out at only $300k for funded accounts; that’s less than 1/3 of the $925k available to SurgeTraders on comparable 2 Phase Auditions.
All SurgeTrader accounts – whether in the Audition stage or a Live Funded account stage - trade on our trading platform administered by our broker partner, ThinkMarkets. Other prop firms, like E8, do not use a well-recognized third party to process trades. E8’s support team says “you trade on demo accounts that simulate real market conditions to provide you the most realistic educational experience. The offered technical solution for the platforms and data feed is provided by E8 Funding LTD.” Does that relationship between the prop firm and data feed provider sound familiar?
When we developed SurgeTrader, we asked ourselves, “How can we stand out?” The answer is incredible customer service that goes above and beyond our competitors. We’ve committed significant resources so that traders can speak to a live person and ask questions or get support by phone, chat or email. E8 Funding does not publish a phone number on their website, so traders can only communicate with their support team via chat or email.
Other prop firms like E8 Funding do not offer true scaling plans. Instead of allowing successful traders to move up to much larger accounts when those traders hit their profit targets, E8 Funding only allows their traders to keep their profits in their trading accounts, and trade off the original funding plus the profit. In our opinion, that’s not scaling, that’s compounding! With SurgeTrader, each time you reach a profit target in a 2 Phase audition account, you will have the opportunity to DOUBLE your audition account size, all the way up to $500,000, at no additional cost. Now THAT is SCALING!
With SurgeTrader, when you register for a 2 Phase Audition, you have the option to purchase an add-on which increases your profit share from the baseline 80% to 90% for the life of your funded account. With E8 Funding, there’s just one option, 80%.
When you earn profits in a funded account, we believe that’s your money to do with as you please. So, if you make profits on the first day of trading a live account, you can request a withdrawal. With E8 Funding E8 Account - Standard, you have to wait 8 days from the first day of your first trade to access your own money and receive your first payout.
SurgeTraders are permitted to have one account of each account size — for a maximum capital allocation of over $925K across all five 2 Phase account sizes. E8 Funding’s E8 Account – Standard (2 Phase) account has a maximum allocation of just $300K.
Proprietary (prop) trading firms fill a critical role, providing traders capital to grow. But they won’t hand over their money to just anyone. Each company requires something different. So, how do you choose the right partner? Which questions should you ask?
We compiled a list of the top 15 questions you need to know before signing up with ANY prop firm.
Transparency is key to making an informed decision. Directly compare features from our competitors to see why SurgeTrader is one of the fastest growing prop firms worldwide.
* Standard profit share of 75% can be increased to 90% with add-on purchase.
** Standard Leverage can be increased up to 20:1 with add-on purchase & applies only to FX & metals.
Choose the account tier that works for you & start earning more on your trading activity.
* Standard profit share of 75% can be increased to 90% with add-on purchase. ** Standard Leverage of 10:1 can be increased up to 20:1 with add-on purchase & applies only to FX & metals.
* Standard profit share of 80% can be increased to 90% with add-on purchase.
** Leverage: FX & Metals 50:1 , Oils and Indices 10:1, Individual stocks 5:1, Cryptocurrencies 2:1
Choose the account tier that works for you & start earning more on your trading activity.
* Standard profit share of 80% can be increased to 90% with add-on purchase. ** Leverage: FX & Metals 50:1 , Oils and Indices 10:1, Individual stocks 5:1, Cryptocurrencies 2:1
