Earn2Trade Review 2023
|By: Jeremy Biberdorf||Apr 28, 2023|
In a nutshell: Earn2Trade is a trading education company that offers traders the opportunity to become a professional trader with a proprietary trading firm.
Traders will access a trading simulator during their subscription period, where they will be able to prove themselves as a skilled trader.
Upon successful completion of their virtual funded trading program, traders will receive funding to jumpstart their trading career.
Continue reading to dive deeper into our full review of Earn2Trade below.
|$150-$550||Trading Education||20%+ discount|
Earn2Trade is best for…
Experienced traders who are confident in their abilities to consistently perform despite the current market conditions. Earn2Trade’s educational trading platform is limited to strictly futures trading, making it unsuitable for those interested in trading other asset types.
However, for those who can pass the program—staying within limits such as daily loss or maximum drawdown—and show verifiable trading performances, Earn2Trade offers a streamlined opportunity to get their foot in the door of the professional futures trading business.
- Progression ladder offers clear goals
- Plenty of educational materials
- Level 2 data included
- No monthly fee for funded traders
- Not ideal for introductory traders
- No Forex market support
- $100 minimum withdrawal
Compare to Other Investment Platforms:
Service TypeTrading Education
Service TypeFunded day trader program
Promo14-day free trial
FeesRange from €155 to €1080
What is Earn2Trade?
Earn2Trade is an educational trading platform designed to help traders build upon their trading knowledge and showcase their skills in the futures market. The platform offers two paths to funding—the Trader Career Path and the Gauntlet Mini—that both utilize a virtual trading simulation tool.
Assuming they can make their monthly payment, succeed in the financial markets on trading days, and pass their trading exam, traders are then able to connect with Helios Trading Partners or Appius Trading Limited to access funded trading accounts.
Earn2Trade offers subscribers a wide variety of essential tools and features to assist them on their trading journey. In addition to the trading simulator (which offers one-click trading), members will have access to the “Beginner Crash Course,” the blog, webinars, online lessons, and the calendar.
It also provides traders with news feeds, economic calendars, and tools for charting. The platform supports various volume chart types (such as range style charts and the normal candlestick chart).
The reporting tool “Journalytix” can be used for trade tracking by recording, categorizing, and analyzing your trades for effective risk management and strategy implementation.
Pricing & Plans
Earn2Trade offers a few different plans, and each one allows traders to take advantage of different funding options. While working through the program, traders will have access to plenty of educational content to learn from. All Earn2Trade plans are billed monthly, with the billing period lasting 30 days.
The Earn2trade platform doesn’t offer any free membership plans. However, various free perks—such as Level 2 data and a NinjaTrader license—are included with the paid evaluation programs.
Trader Career Path
The Trader Career Path is the best option for retail traders who feel like they need a beginner crash course with no specific time restraints. Costing $150 per month, this trading plan allows subscribers to use the trading software to make trades with virtual funds.
Traders begin with $25,000 in virtual capital to use in the futures exchanges. They aren’t limited in which trading styles they can use, but they must meet specific trading goals before graduating to a funded account (listed below).
- Traders must trade for at least 15 days before becoming eligible for a funded account
- Traders must follow the “consistency rule,” a rule that states that a single trading day can’t account for more than 30% of their total profits and losses
- If a trader can reset their Evaluation at any time for $100
- They have a daily loss limit of $550
- The EOD drawdown is $1,500
- The profit goal is $1,750
Upon successful completion of the evaluation period, traders will be able to upgrade to a funded account. They will be able to redeem 80% of the profits they make from their funded account on a weekly basis.
Traders can continue to upgrade their account until they reach $200,000 in funding. As they reach higher levels, the trading program requirements change, making it vital to pay attention to the requirements at each stage.
The Gauntlet Mini
The Gauntlet Mini is similar to the Trader Career path, but these trading accounts allow you to choose your initial starting capital. As before, the starting capital affects your trading goals, so be sure to double-check the specific account objectives. Virtual starting capital ranges from $50,000 to $200,000.
Here are the current costs of each plan:
- $50,000 Virtual Starting Capital: $170 per month
- $100,000 Virtual Starting Capital: $315 per month
- $150,000 Virtual Starting Capital: $350 per month
- $200,000 Virtual Starting Capital: $550 per month
Earn2Trade claims that talented traders will be able to complete the Gauntlet Mini in as little as 15 days. Once completed, traders will be connected to prop firms for funded trading opportunities.
Customization and Compatibility with Trading Platforms
When choosing a trading education and funding platform, it’s essential to consider the level of customization and compatibility with various trading platforms. Earn2Trade excels in this area, offering flexible options and integration with popular trading software to enhance the user experience and accommodate different trading styles.
Earn2Trade’s trading simulator allows users to customize their trading environment to better suit their preferences and strategies. Some of the customization options include:
- Chart Types: Users can choose from various chart types, such as candlestick, bar, and range charts, to display market data in a way that best suits their analysis.
- Indicators: Earn2Trade supports numerous technical indicators, allowing traders to apply their preferred tools to analyze market trends and make informed decisions.
- Workspace Layout: Traders can arrange their workspace by resizing and organizing charts, watchlists, and other tools to create an efficient and personalized trading environment.
Compatibility with Trading Platforms
Earn2Trade understands that traders may have preferences when it comes to trading platforms, so they offer compatibility with some of the industry’s most popular software:
- NinjaTrader: Earn2Trade includes a free NinjaTrader license for users who sign up for an evaluation program. NinjaTrader is a widely-used trading platform that offers advanced charting, market analytics, and trade management tools.
- R|Trader Pro: R|Trader Pro, developed by Rithmic, is a comprehensive trading platform that provides users with direct market access and a vast range of tools for trading futures. Earn2Trade offers integration with R|Trader Pro for seamless trading and analytics.
- Other Platforms: Earn2Trade supports connections with several other trading platforms via API, allowing traders to use their preferred software in conjunction with Earn2Trade’s resources.
Earn2Trade’s focus on customization and compatibility with popular trading platforms sets it apart from competitors and ensures that traders can utilize the tools and resources they need for success. This flexibility makes Earn2Trade an attractive choice for traders with varying levels of experience and different trading styles.
Earn2Trade Customer Support and Community
One aspect that potential traders may look for when evaluating a platform is the quality of customer support and community engagement. Earn2Trade understands the importance of a strong support system and the value of learning from other traders. They provide several ways for traders to get the help they need and interact with their peers.
Earn2Trade offers responsive customer support to assist traders with any questions or issues they may encounter while using the platform. Support is available through multiple channels, including:
- Live Chat: Traders can access live chat support directly from the Earn2Trade website for real-time assistance.
- Email Support: For less urgent matters or more detailed inquiries, users can reach out to Earn2Trade’s support team via email.
- Frequently Asked Questions (FAQ): The platform features an extensive FAQ section, where traders can find answers to common questions about the platform, programs, and trading rules.
Earn2Trade fosters a sense of community and encourages traders to learn from each other. They provide various avenues for traders to connect, discuss strategies, and share their experiences, such as:
- Webinars: Earn2Trade regularly hosts webinars that cover various trading topics, led by experienced professionals. These webinars offer valuable insights and allow for interaction between attendees.
- Forum: The Earn2Trade forum is a platform where traders can discuss strategies, share experiences, and seek advice from fellow users. This community-driven space is an excellent resource for learning and networking.
- Social Media: Earn2Trade maintains an active presence on social media platforms like Facebook, Twitter, and LinkedIn. These channels provide updates, news, and opportunities for traders to engage with the brand and each other.
Earn2Trade’s commitment to providing robust customer support and fostering a strong community sets it apart from many competitors. The platform ensures that traders have the resources they need to succeed and grow, making it an attractive option for those looking to develop their trading skills and pursue funded trading opportunities.
Is Earn2Trade Right for You?
Earn2Trade isn’t the only virtual trading program that allows users who prove their trading experience to be connected with prop firms for funded trading. However, after a full review of Earn2Trade, it is one of the best value-for-money funded trading opportunities that we’ve seen.
Many competitors constantly change their requirements, making becoming a funded trader harder and harder. Earn2Trade, on the other hand, only appears to make requirement revisions that are beneficial to traders. The transparency is certainly appreciated.
If you’re looking for a straightforward, clearly-defined path to becoming a funded trader then Earn2Trade could be a great opportunity for you. Offering educational materials, a variety of plan options, and a bunch of free perks, we think that Earn2Trade provides subscribers with more than enough to justify the monthly expense.
Click here to take your first step toward becoming a funded trader with Earn2Trade!