E8 Funding vs Fidelcrest – Full Comparison – Living From Trading (2024)

In this article, we’ll be comparing two prop firms, E8 Funding and Fidelcrest.

Let’s look at all details.

Prop Firms General Details

In this first table, we compare the year where each prop firm was founded, where their offices are located, and how much balance you can get to trade after scaling (when applicable).

Prop Firm Details E8 Funding Fidelcrest
Year Founded 2021 2018
Offices Location Dallas, Texas, USA Nicosia, Cyprus
Maximum Balance $1,000,000 $2,000,000
Keep First Profits Registration Fee up to $30,000

Instruments

Here’s a list of all instruments supported by E8 Funding and Fidelcrest. I divided the list into two parts to show CFDs products and Futures products.

Instruments CFDs E8 Funding Fidelcrest
Forex
Indices
Metals
Commodities
Stocks
Crypto
Instruments Futures E8 Funding Fidelcrest
Equity Futures
Foreign Exchange Futures
Agricultural Futures
Energy Futures
Interest Rate Futures
Metals Futures
Crypto Futures

Funding Program Types

Prop firms have different program types to achieve a funded account.

Here’s the resume and comparison of the E8 Funding and Fidelcrest different program types.

Prop Firm Programs E8 Funding Fidelcrest
One-Step Evaluation
Two Step Evaluation
Instant Funding

Instant Funding Comparison

Instant funding programs give you access to a funded account immediately without needing to pass any challenge.

Instant Funding Rules E8 FundingFidelcrest
Profit Target
Max Daily Loss
Max Daily Drawdown
Max Loss
Max Drawdown
Minimum Trading Days
Maximum Trading Days
Profit Split

One-Step Program Comparison

One-Step programs are programs that require a single challenge to be passed. As soon as you pass the challenge, achieving the required targets without breaking any rules, you’ll be rewarded with a funded account to trade.

Here’s the comparison table for the E8 Funding and Fidelcrest prop firms.

One Step Rules E8 FundingFidelcrest
Profit Target
Max Daily Loss
Max Daily Drawdown
Max Loss
Max Drawdown
Minimum Trading Days
Maximum Trading Days
Profit Split

Two-Step Program Comparison

Two-Step programs require that you pass two different challenges before getting funded. Usually, each phase or each challenge has different targets and rules.

Here’s the comparison for E8 Funding and Fidelcrest.

Two Step Rules E8 FundingE8 FundingE8 FundingE8 FundingFidelcrestFidelcrestFidelcrestFidelcrest
Program Name E8 Account StandardE8 Account ExtendedE8 TrackELEV8Micro NormalMicro AggressivePro NormalPro Aggressive
Profit Target Step 1 8%8%8%8%5%15%10%20%
Profit Target Step 2 5%5%5%+5%5%5%15%10%20%
Max Daily Loss 5%10%5%10%
Max Daily Drawdown 5%5%5%5%
Max Loss 8%10%8%8%
Max Drawdown 10%20%10%20%
Min Trading Days Step 1 5
Min Trading Days Step 2 5
Max Trading Days Step 1 3060303030303030
Max Trading Days Step 2 6012060+606060606060
Profit Split 80%80%80%80% to 90%80%90%80%90%

Trustpilot Reviews

Trustpilot is a reputable platform when it comes to reviewing products and services.

Here is the rating that E8 Funding and Fidelcrest have on Trustpilot.

Trustpilot Stats E8 Funding Fidelcrest
Stars
Trustpilot Rating 4.7/5.0 4.6/5.0
Number of Reviews 814 695

Free Stuff

Being able to test a prop firm before we commit and purchase is a good thing. We can get used to their trading platform, and understand spreads, commissions, and rules.

Some proprietary firms also offer free repeats in some circ*mstances, and also free resets, to be able to reset our account before the challenge period is over, in case things are not going as we wanted.

Here’s the comparison for E8 Funding and Fidelcrest prop firms.

Free Stuff E8 Funding Fidelcrest
Free Trial
Free Repeat
Free Reset

Trading Styles

Some prop firms may be better for you than others depending on your trading style. In this table, you can see the comparison between the trading styles allowed by E8 Funding and Fidelcrest prop firms.

Trading Styles E8 Funding Fidelcrest
Scalping
Day Trading
Swing Trading
Copy Trading
News Trading
EAs/Bots/Algos Trading
Arbitrage Trading
HFT Trading

Trading Hours

Although most proprietary firms are more oriented to day trading, some allow holding positions overnight and even on weekends.

Here’s what is allowed by E8 Funding and Fidelcrest.

Trading Hours E8 Funding Fidelcrest
Holding Overnight
Holding Over Weekend

Trading Platforms

We all like to use the trading platform that we are used to. For this reason, prop firms support different trading platforms.

Here’s an extensive list of the platforms supported by E8 Funding and Fidelcrest.

Supported Platforms E8 Funding Fidelcrest
MT4
MT5
cTrader
Proprietary
Web
NinjaTrader
Tradovate
Rithmic
TigerTrade
OptimusFlow
InsideEdge Trader
Volfix
ATAS
Overcharts
Medved Trader
Quantower
QST
ScalpTool
TSLAB
TradeNavigator
SierraChart
MultiCharts
Photon
MotiveWave
RInvestor
Bookmap X-Ray
T4
Jigsaw Daytradr
Edgeclear
Finamark
Agena Trader
QScalp
Track N Trade
eSignal
Collective2

Leverage

The leverage provided by the prop firm may be an important factor when choosing it. This is especially true for day trading or scalping, where the position size is usually significantly bigger than for swing trading.

Here’s a comparison of the leverage provided by E8 Funding and Fidelcrest prop firms.

Leverage CFDs E8 FundingFidelcrest
Forex Up to 1:1001:100
Indices Up to 1:501:100
Metals Up to 1:501:100
Commodities Up to 1:501:100
Stocks N/A1:100
Crypto Up to 1:51:100
Leverage Futures E8 FundingFidelcrest
Futures

Payments

Proprietary firms have several ways of payment.

Here’s a table with the comparison between the payment methods accepted by E8 Funding and Fidelcrest.

Payment Types E8 Funding Fidelcrest
Wire Transfer
Paypal
Neteller
Skrill
Crypto
Credit Card
Google Pay
Payoneer
Coinbase
Binance
Revolut
Wise
Deel Card
Nuvei
Checkout.com
Confirmo

More Resources

  • Compare any prop trading firm with our prop firm comparison tool
  • List of thebest prop trading firms
  • What isprop trading?

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E8 Funding vs Fidelcrest – Full Comparison – Living From Trading (2024)

FAQs

Is Fidelcrest a good prop firm? ›

Fidelcrest is a reliable prop trading firm with the TU Overall Score of 7.13 out of 10.

What are the profit targets for E8 funding? ›

4% Profit Target - Closed profit in your trading account. 4% Daily Drawdown - Maximum Floating or Closed loss from your starting balance of the day. 8% Maximum Initial Balance Drawdown – Maximum Running (floating) equity loss in the whole period.

What can you trade with Fidelcrest? ›

With Fidelcrest, you can trade forex, cryptocurrency, indices, gold and silver, commodities, and shares.

Who is E8 funding broker? ›

In conclusion, E8 Funding Prop Firm is a legitimate and reputable broker that offers traders access to a funded trading account without requiring any upfront capital.

Does Fidelcrest payout? ›

Fidelcrest vs Other Trading Challenges

Additionally, Fidelcrest offers a profit split payout of up to 90%, which is higher than the industry standard of 50%. Another unique feature of Fidelcrest is that it allows traders to trade Forex and other CFDs like Indices, Metals, Commodities, Stocks, and Crypto.

Which is the most trusted prop firm? ›

The most popular prop trading firms and funded programmes
  • Axi Select.
  • FTMO.
  • The Forex Funder.
  • E8 Markets.
  • True Forex Funds.
  • The 5%ers.
  • Funded Next.

How many E8 accounts can I have? ›

Phase-1: Unlimited number of E8, E8 Track accounts.

Does E8 funding allow news trading? ›

In phase 1, phase 2, or phase 3 you can trade news without any restrictions. In an E8Trader account during the release of high-impact news, a prohibition period will be enforced. This period will commence 5 minutes before the scheduled news release and extend for 5 minutes after the release.

How big is the E8 funding contract? ›

E8 Markets presents a scaling plan for Forex traders that focuses on incrementally increasing both the account balance and overall drawdown limit. The plan allows traders to commence with a maximum initial balance of up to $400,000. This initial balance has the potential to be scaled to over $1 million.

What is the first payout of Fidelcrest? ›

Fidelcrest is an award winning prop firm that funds traders worldwide with up to 2M in capital and offers generous profits splits up to 90%. Receive your first payout up to 30K in as little as 15 days just for passing the Challenge (Step 1) and Verification Phase (Step 2)!

What is the margin limit for Fidelcrest? ›

You should have read their rules carefully before starting. They have a margin limit of 2%.

What is the drawdown rule for Fidelcrest? ›

The trading rules for the Fidelcrest Challenge are: 5% daily loss limit (Normal), 10% daily loss limit (Aggressive) 10% trailing drawdown limit (Normal), 20% trailing drawdown limit (Aggressive)

Does E8 accept US clients? ›

We accept clients from all over the world, but to receive payouts, all E8 Traders have to undergo plane.com KYC or riseworks.io KYC.

Where is E8 funding based? ›

We are located in the heart of the United States. We pride ourselves on being one of the first USA based, remote, simulated trading firms. We have offices in Dallas, TX and Prague, the Czech Republic.

What leverage does E8 use? ›

E8 Funding grants maximum leverage of 1:100, and the 80% profit share places it in the upper range while it provides a generous maximum drawdown of 14%.

Which prop firm is better than FTMO? ›

FunderPro: FunderPro is the most popular alternative to FTMO. It has a similar two-step challenge process, but the requirements are slightly more lenient. For example, the FunderPro Challenge requires a 10% profit target in 30 days, while the FTMO Challenge requires a 12% profit target.

What is the leverage at Fidelcrest prop firm? ›

Fidelcrest's leverage offering of 1:100 is in line with other prop firms in the industry, such as FTMO and TopStep.

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