If you’re looking to become a funded trader, Earn2Trade is a platform that offers several programs to help you achieve your goals. With their Trader Career Path (TCP) programs, you can take an exam to prove your trading skills and then get funded by a proprietary trading firm partner. From there, you can trade with the firm’s money and withdraw your profits, all while progressing in your career as a trader.
One of the key benefits of the TCP programs is the flexibility they offer. You can choose from different account sizes, ranging from $25,000 to $400,000, and you can take the exam at your own pace. If you pass the exam, you’ll be given a funded account with a fixed drawdown, which means you won’t have to worry about losing more than a certain amount of money on any given trade. Additionally, the profit split scheme is 80/20 in your favor, which means you get to keep most of the profits you make.
However, before you decide to sign up for an Earn2Trade program, it’s important to do your research and read reviews from other traders who have used the platform. In this article, we’ll take a closer look at Earn2Trade and provide an honest review of its programs, features, and benefits. We’ll also highlight any potential drawbacks or limitations to help you make an informed decision about whether Earn2Trade is right for you.
Overview of Earn2Trade
Earn2Trade is a platform that aims to connect traders with proprietary trading firms. It offers single-step evaluations on simulated accounts that test candidates’ proficiency, discipline, and risk management skills. Traders who pass the test receive a guaranteed funding offer from their partner, and Earn2Trade helps them along the way, providing access to free educational resources, mentorship, and coaching.
Earn2Trade’s funded trader programs are flexible and transparent, making it easy for traders to withdraw their profits. The main rule is that you can withdraw only the profits earned and not the capital that the prop firm has granted you. The profit split scheme is 80/20 in your favor, and the withdrawal policy is designed to ensure that traders can continue to trade profitably while also being able to take money out of their accounts.
The trader career path at Earn2Trade is designed to help traders progress from a $25,000 virtual account to a $400,000 funded trading account with a fixed drawdown. Candidates start by taking a day trading evaluation on a $25,000 virtual account with four simple rules and three objectives. Traders who pass the test move on to a $25,000 funded trading account from which they can withdraw 80% of their profit. Once they withdraw $1,400 profit ($1,750 – 20%) from the $25,000 account, they can progress to the next level.
Earn2Trade offers commission schedules that are favorable for traders who do not usually trade micros. Following a purchase, traders must select the exchanges they intend to trade and indicate which commission schedule they choose. Default commissions offer a $2.02 per side commission on all assets, including mini and micro assets.
Overall, Earn2Trade provides a comprehensive platform for traders looking to progress in their trading careers. With its flexible and transparent funded trader programs, favorable commission schedules, and free educational resources, it is a great option for traders looking to take their trading to the next level.
Trading Platforms and Tools
When it comes to trading platforms and tools, Earn2Trade offers a variety of options to suit different trading styles and preferences. Here are some of the platforms and tools that you can use:
NinjaTrader
NinjaTrader is a popular trading platform that has been around for over two decades. It offers a wide range of features and tools, including advanced charting, market analysis, and order management. One of the advantages of using NinjaTrader is that it supports multiple asset classes, such as futures, forex, and equities. Additionally, it has a large community of users who share their strategies and insights, making it a great platform for learning and collaboration.
Journalytix
Journalytix is a trading journal software that helps you track and analyze your trades. It allows you to record your trades, analyze your performance, and identify areas for improvement. With Journalytix, you can create custom reports, visualize your data, and get insights into your trading habits. This tool can be particularly useful for traders who want to improve their discipline and consistency.
Finamark
Finamark is a trading platform that is designed for traders who want a simple, user-friendly interface. It offers a range of features, such as real-time data, customizable charts, and order management. One of the advantages of using Finamark is that it is free during the Trader Career Path and Gauntlet Mini programs. This can be a great option for traders who are just starting out and want to practice their skills without incurring additional costs.
Overall, Earn2Trade provides a range of trading platforms and tools to suit different trading styles and preferences. Whether you prefer a comprehensive platform like NinjaTrader, a trading journal software like Journalytix, or a simple platform like Finamark, there is something for everyone.
Education and Resources
If you’re looking to improve your trading skills, Earn2Trade offers a variety of educational resources that can help you get started. Whether you’re a beginner or an experienced trader, you can find content that suits your needs.
Beginner Crash Course
If you’re new to trading, the Beginner Crash Course is an excellent place to start. This course comprises 60 short videos, each covering basic and advanced trading concepts.
Webinars
Earn2Trade regularly hosts webinars on a variety of trading-related topics. These webinars are conducted by experienced traders and cover a wide range of topics, from technical analysis to risk management. Attending these webinars can help you stay up-to-date with the latest trends and techniques in trading.
Educational Materials
In addition to the Beginner Crash Course and webinars, Earn2Trade also offers a wealth of educational materials. These materials include articles, tutorials, and videos on a variety of trading-related topics. The educational content is designed to be accessible to traders of all levels, from beginners to experienced professionals.
Overall, Earn2Trade’s trading education and resources are comprehensive and accessible. Whether you’re a beginner or an experienced trader, you can find content that suits your needs. By taking advantage of these resources, you can improve your trading skills and increase your chances of success in the markets.
Trading Programs
If you’re looking to advance your trading career, Earn2Trade offers several trading programs to help you reach your goals. These programs are designed to help you improve your skills, test your abilities, and earn funding to trade with real money.
Gauntlet
The Gauntlet program is an evaluation program that tests your trading skills on a simulated account. To pass the program, you must meet the profit target while following the program’s rules. Once you pass, you will be eligible for funding from Earn2Trade’s proprietary trading firm partner. The program has a subscription fee, and you can choose from different account sizes to fit your needs.
Gauntlet Mini
The Gauntlet Mini program is a shorter version of the Gauntlet program. It’s designed for traders who want to test their skills on a smaller scale before committing to the full program. The program lasts for 15 days, and you must meet the profit target while following the program’s rules. Once you pass, you will be eligible for funding from Earn2Trade’s proprietary trading firm partner.
Both the Gauntlet and Gauntlet Mini programs are designed to help you improve your trading skills and earn funding to trade with real money. They provide a structured environment to test your abilities and learn from your mistakes.
In addition to the Gauntlet programs, Earn2Trade also offers a trading simulator to help you practice your trading strategies without risking real money. The simulator provides a realistic trading environment and allows you to test different strategies and techniques.
Overall, Earn2Trade’s trading programs provide a comprehensive approach to improving your trading skills and earning funding to trade with real money. Whether you’re just starting out or looking to take your trading to the next level, these programs can help you achieve your goals.
Account Types and Funding
Earn2Trade offers four different account types: Junior LiveSim Account, Senior Live Account, Evaluation Account, and Live Trading Account. Each account has its own unique features and requirements.
Junior LiveSim Account
The Junior LiveSim Account is a great option for traders who are just starting out and want to practice trading without risking real money. This account type is funded with a virtual balance of $25,000 and allows traders to trade in a simulated environment. The Junior LiveSim Account is perfect for testing trading strategies and getting a feel for the market.
Senior Live Account
The Senior Live Account is a step up from the Junior LiveSim Account and is designed for traders who are ready to start trading with real money. This account type requires a minimum deposit of $5,000 and offers a maximum leverage of 1:50. Traders who open a Senior Live Account also have access to the Earn2Trade trading platform and can trade a variety of assets, including futures and forex.
Evaluation Account
The Evaluation Account is a funded trading account that allows traders to earn a funded trading account by passing a trading evaluation. Traders who pass the evaluation will receive a funded trading account with up to $50,000 in buying power. The Evaluation Account is available in two versions: Gauntlet Mini and Classic Gauntlet. The Gauntlet Mini program requires traders to meet a profit target of 6-7%, while the Classic Gauntlet program requires traders to meet a profit target of 10%.
Live Trading Account
The Live Trading Account is a funded trading account that allows traders to trade with real money. Traders who successfully pass the evaluation and meet the profit targets will receive a Live Trading Account with up to $250,000 in buying power. The Live Trading Account is available in three different versions: Junior, Senior, and Pro. Each version has its own unique features and requirements.
In order to fund your account, Earn2Trade accepts various payment methods, including credit cards and wire transfers. The funding process is quick and easy, and once your account is funded, you can start trading right away. It is important to note that each account type has its own funding requirements, so be sure to check the Earn2Trade website for more information.
Overall, Earn2Trade offers a range of account types to suit the needs of traders at all levels. Whether you are just starting out or are an experienced trader, there is an account type that will work for you.
Risk Management and Trading Rules
When it comes to trading, risk management is crucial. It is the foundation for building a successful trading plan and an invaluable tool in any successful trader’s arsenal. The first step in risk management is to establish a daily loss limit. This is the maximum amount of money you are willing to lose in a day. Once you hit this limit, you should stop trading for the day. It is important to stick to this rule to prevent yourself from losing more money than you can afford.
Another important rule is the consistency rule. This means that you should be consistent in your trading strategy and not deviate from it. Consistency is key in trading, and it is important to have a set of rules that you follow every time you trade. This will help you to avoid emotional trading and make more rational decisions.
In addition to the daily loss limit and consistency rule, it is important to have an end-of-day (EOD) drawdown and trailing drawdown rule. The EOD drawdown rule is the maximum amount of money you are willing to lose in a day, while the trailing drawdown rule is the maximum amount of money you are willing to lose over a period of time. These rules will help you to limit your losses and prevent you from losing too much money.
When it comes to trading rules, there are a few key things to keep in mind. First, always have a trading plan. This should include your entry and exit points, stop loss, and take profit levels. Stick to your plan and do not deviate from it. Second, always use stop losses. This will help you to limit your losses in case the market moves against you. Finally, always be disciplined in your trading. Do not let emotions cloud your judgment, and stick to your rules and strategies.
Overall, risk management and trading rules are essential for any trader. By establishing a daily loss limit, consistency rule, and EOD and trailing drawdown rules, you can limit your losses and protect your trading account’s capital. By following trading rules, such as having a trading plan, using stop losses, and being disciplined, you can make more rational decisions and increase your chances of success.
Profit, Fees and Commissions
When it comes to trading, profit is the ultimate goal. With Earn2Trade’s funded trader programs, you have the opportunity to earn a funded trading account with a fixed drawdown. Once you pass the exam and meet the profit target, you can trade with the firm’s money and withdraw your profits. The profit split scheme is 80/20 in your favor, meaning you keep 80% of the profits earned.
In terms of fees, there are data fees and commission fees to consider. The Live Account costs $130.00 per month per exchange, which is charged on your credit card or other payment method. If the data fee is turned on the last week of a month, it costs the same as if it were turned on the first day of the month.
Following a purchase, traders must select the exchanges they intend to trade and indicate which commission schedule they choose. Default commissions offer a $2.02 per side commission on all assets.
It is important to note that the withdrawal policy of Earn2Trade’s funded trader programs is flexible and transparent. The main rule is that you can withdraw only the profits earned and not the capital that the prop firm has granted you. The profit goal of the TCP50’s Live Trading Account ($50,000) is $3,000.
Overall, Earn2Trade’s profit split scheme and flexible withdrawal policy make it an attractive option for traders looking to earn a funded trading account. While there are fees and commissions to consider, these are standard in the trading industry and are necessary for the firm to provide the resources and support needed for traders to succeed.
Customer Support
Earn2Trade provides excellent customer support to its users. The support team is knowledgeable, confident, and always ready to help you with any issues or queries you may have. You can contact the support team via email, phone, or live chat.
The support team is available 24/7, so you can reach out to them at any time. They are prompt in their responses and always try to resolve your issues as quickly as possible. The team is well-trained and has a good understanding of the platform, which helps them to provide accurate and helpful solutions.
Earn2Trade also has a detailed Help Center that provides answers to frequently asked questions. The Help Center is well-organized and easy to navigate, making it easy to find the information you need. The articles are comprehensive and provide step-by-step instructions, making it easy for users to understand.
In addition to the Help Center, Earn2Trade also provides account managers for its users. The account managers are there to help you with any issues you may have with your account. They can provide guidance on how to use the platform effectively and help you achieve your trading goals.
Overall, Earn2Trade’s customer support is excellent. The support team is knowledgeable, prompt, and always ready to help. The Help Center and account managers provide additional support and guidance to users, making it easy to use the platform effectively.
Partnerships and Affiliations
Earn2Trade has established several partnerships and affiliations with various entities in the trading industry. These partnerships allow traders to access valuable resources and education and provide opportunities for traders to advance their careers.
One of Earn2Trade’s notable partnerships is with Helios Trading Partners, a proprietary trading firm that provides funding to traders. Through this partnership, traders who pass Earn2Trade’s evaluation process can receive funding from Helios Trading Partners and trade with the firm’s capital.
Earn2Trade has also partnered with Appius Trading Limited, a UK-based proprietary trading firm. This partnership provides traders with access to Appius Trading Limited’s resources and expertise, including risk management strategies and trading technology.
In addition to these partnerships, Earn2Trade has an affiliate program that allows individuals to earn commissions by promoting Earn2Trade’s trader funding programs. Affiliates can earn multi-tier commissions by writing reviews and promoting Earn2Trade’s products on their websites or blogs.
Overall, Earn2Trade’s partnerships and affiliations provide traders with valuable resources and opportunities to advance their careers. Whether you are looking to receive funding from a proprietary trading firm or earn commissions through Earn2Trade’s affiliate program, these partnerships can help you achieve your trading goals.
User Experience and Reviews
When it comes to user experience, Earn2Trade provides a robust and intuitive platform that caters to both novice and experienced traders. The platform is designed to provide traders with the necessary tools and features to make informed trading decisions. The platform also offers a range of educational resources to help traders improve their skills and knowledge.
Earn2Trade has received positive reviews from users who appreciate the platform’s ease of use and the range of features available. The platform’s user-friendly interface and intuitive navigation make it easy for traders to access the tools and resources they need to make informed trading decisions.
In addition to the platform’s features and functionality, users have also praised the quality of customer support provided by Earn2Trade. The customer support team is responsive and knowledgeable, and they are always available to help users with any questions or issues they may have.
Overall, Earn2Trade provides a positive user experience that is backed by a range of features and resources designed to help traders succeed. With a strong focus on customer support and user satisfaction, Earn2Trade is a platform that is well worth considering for traders of all levels.
Conclusion
In conclusion, Earn2Trade offers a comprehensive trader career path for both experienced traders and beginners. With its focus on futures trading, the platform provides a unique evaluation process that helps traders identify areas for improvement and develop a scaling plan.
The Gauntlet program is a great option for traders looking to progress up the progression ladder and gain access to real money trading opportunities. The program provides virtual capital and mentors to help traders navigate the challenges of the financial markets.
Earn2Trade emphasizes the importance of discipline and trading strategies, providing traders with access to a variety of instruments and data to inform their decisions. The platform also offers traders a flexible withdrawal policy and a profit split scheme that favors the trader.
Overall, Earn2Trade is a great option for retail traders looking to take their trading journey to the next level. With its focus on futures trading and professional traders, the platform provides traders with the tools and resources they need to succeed in the financial markets.