Earn2Trade has emerged as a popular platform for aspiring traders looking to break into the world of funded futures trading. Founded in 2017 and headquartered in Wyoming, USA, this innovative company offers a unique blend of education, evaluation, and funding opportunities for traders worldwide.
In this comprehensive review, we'll dive deep into what Earn2Trade has to offer, exploring its programs, platforms, account types, and more.
What is Earn2Trade?
Key Feature | Details |
---|---|
Platform | NinjaTrader, Finamark, R Trader, R Trader Pro, Sierra Chart, Quantower, and others |
Payout Split | 80% trader, 20% firm |
First Payout | After passing evaluation and meeting profit targets |
Maximum Drawdown | Varies by program and account size |
Headquarters | Wyoming, USA |
Max Funding | $200,000 (in standard programs) |
Funding Programs | The Gauntlet Miniā¢, Trader Career Path (TCP) |
Weekend Holding | Not allowed (day trading focus) |
Contact | support@earn2trade.com |
Trustpilot Rating | 4.7/5.0 |
Earn2Trade is an educational company that aims to bridge the gap between retail traders and professional futures traders. Unlike traditional brokers, Earn2Trade focuses on providing traders with the skills, knowledge, and capital needed to succeed in the competitive world of futures markets.
The company's primary offering is a pathway to funded trading accounts through rigorous evaluation programs. Successful candidates can earn the opportunity to trade with substantial capital provided by Earn2Trade's partner firms, potentially launching their careers as professional futures traders.
Earn2Trade Programs
Earn2Trade offers two main programs for traders seeking funding:
1. Trader Career Path (TCP)
The Trader Career Path is Earn2Trade's flagship program, designed for traders who want a comprehensive education alongside their evaluation.
Key Features
- Includes full access to Earn2Trade's educational resources
- Longer evaluation period (up to 60 days)
- Higher account sizes available (up to $200,000)
- Opportunity for account scaling
2. The Gauntlet Miniā¢
The Gauntlet Mini is a faster-paced evaluation program for traders who already have experience and want to prove their skills quickly.
Key Features
- Shorter evaluation period (as little as 10 days)
- Lower initial account sizes (starting at $25,000)
- Quicker path to funding for skilled traders
Feature | Trader Career Path | The Gauntlet Miniā¢ |
---|---|---|
Duration | Up to 60 days | Minimum 10 days |
Account Sizes | $25k to $200k | $25k, $50k, $100k |
Education Included | Yes | No |
Scaling Opportunities | Yes | Yes |
Minimum Fee | $429 (for 4 months) | $150 (monthly) |
Trading Platforms
Earn2Trade offers a wide variety of trading platforms to accommodate different trader preferences and needs. The company supports several popular futures trading platforms, giving traders the flexibility to use tools they're comfortable with or explore new options.
Platform | Availability | Cost |
---|---|---|
NinjaTrader | During evaluation | Free |
Finamark | During evaluation and 90 days after going live | Free |
R Trader | Always | Free |
R Trader Pro | Always | Free |
Sierra Chart | Supported | May require license |
Quantower | Supported | May require license |
Account Types and Sizes
Upon successful completion of either evaluation program, traders gain access to funded trading accounts. These come in two types: LiveSimĀ® accounts and Live accounts.
- LiveSim
LiveSim accounts are simulated trading environments that closely mimic live market conditions, using end-of-day drawdown calculations. They serve as an intermediate step between evaluation and fully live trading. For Gauntlet Mini graduates, LiveSim accounts are available until the first $5,000 in profits (minus the 20% profit split), while TCP graduates use them until reaching their account size's profit target.
- Live accounts
Live accounts, on the other hand, involve trading with real capital provided by Earn2Trade's partner firms. These accounts use real-time trailing drawdown calculations and offer traders an 80% profit split. Both LiveSim and Live accounts provide opportunities for account scaling based on performance, allowing successful traders to potentially manage larger sums over time.
This structure allows traders to prove their skills, gain experience with simulated live conditions, and ultimately trade with substantial real capital.
Whether opting for the faster Gauntlet Mini or the more comprehensive Trader Career Path, Earn2Trade's account types offer flexibility and scalability to support traders at various stages of their trading journey.
Payouts and Profit Splits
One of the most attractive aspects of Earn2Trade is its generous profit-sharing model. Funded traders typically receive an 80% share of their profits, with the remaining 20% going to the proprietary trading firm providing the capital.
Profit Range | Trader's Share | Firm's Share |
---|---|---|
0-100% | 80% | 20% |
100%+ | Negotiable | Negotiable |
The Most Asked Questions
What is the Trader Career Path (TCP)?
The Trader Career Path is a more comprehensive program that includes both education and evaluation, offering a pathway to becoming a professional futures trader.
What is the Profit Split for Funded Traders?
Funded traders typically receive 80% of their profits, with the remaining 20% going to the proprietary trading firm.
Are there any Trading Restrictions?
Yes, there are restrictions such as no overnight positions and adherence to specific drawdown limits.
Does Earn2Trade offer Educational Resources?
Yes, especially in the Trader Career Path program, which includes comprehensive educational materials.
How long does The Evaluation Process take?
The Gauntlet Miniā¢ has a minimum evaluation period of 10 trading days, while the TCP program can last up to 60 days.
Can I scale My Account Size over time?
Yes, successful funded traders may have opportunities to scale their accounts and manage larger sums of capital.
Is Earn2Trade available for non-US Traders?
Yes, Earn2Trade offers its programs to traders outside the United States, as evidenced by the dedicated “non-US” page on their website.
Conclusion
It's important to note that profit withdrawals are usually subject to certain conditions, such as maintaining a minimum account balance or meeting specific performance metrics.
Earn2Trade offers a compelling pathway for aspiring futures traders to access significant trading capital and potentially launch professional trading careers. With its combination of education, evaluation, and funding opportunities, it stands out in the competitive landscape of proprietary trading firms.