Earn2Trade has been garnering attention in the world of funded trading, sparking curiosity among aspiring traders. This comprehensive Earn2Trade review aims to shed light on what the platform offers and whether it stands up to the hype.
Famed for its claim of turning novices into professional traders in as little as 15 days, Earn2Trade has created a significant buzz. It’s essential for potential users to understand what to know before signing up to Earn2Trade and evaluate if this platform aligns with their trading aspirations.
This review dives into the realities of Earn2Trade, examining its features, effectiveness, and overall value, to help you make an informed decision about joining the world of funded trading with this platform.
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What to Know Before Signing up to Earn2Trade
Pros, cons, pricing and rules are all things you need to know before signing up for any prop trading firm, but I will start this deep dive with a brief overview of what Earn2Trade is all about.
What is Earn2Trade?
Earn2Trade, established in 2016 by Ryan Masten and David A. Lojko, operates as both an educational platform and a proprietary trading firm based in Sheridan, Wyoming, USA. The platform focuses on training traders for success in the futures market through virtual trading simulations.
It offers two distinct funding paths: the Trader Career Path and the Gauntlet Mini. These paths involve a subscription model where traders, after paying their monthly fees, engage in simulated market trading. Success in these simulations and passing a trading exam opens the door for traders to access funded trading accounts.
This approach is designed to prepare traders thoroughly for the challenges of real-world trading by allowing them to hone their skills in a simulated environment before handling actual funds.
Earn2Trade Benefits
- Professional Team Approved by NFA: The National Futures Association approves Earn2Trade’s team, ensuring high-quality instruction.
- 80% Profit Retention: Traders keep a substantial portion of their profits, incentivizing successful trading.
- Trading Simulator with One-Click Trading: Includes a simulator for practice, featuring convenient one-click trading.
- Educational Resources: Provides a “Beginner Crash Course,” blogs, webinars, and online lessons for comprehensive learning.
- Market News Feeds and Economic Calendars: Keeps traders informed with the latest market news and economic events.
- Various Charting Tools: Offers different types of volume charts, including range style and candlestick charts.
Earn2Trade Drawbacks
Before you sign up, I need to tell you about some potential drawbacks you should be aware of:
- Only offers Forex trading: The firm exclusively offers futures trading, lacking options for trading other financial instruments such as forex, stocks, or indices.
- Restrictive Consistency Rule: Earn2Trade implements strict consistency rules regarding profit-making, potentially capping the opportunity for larger gains.
- Strict Rule Enforcement: The firm has a zero-tolerance policy for rule violations, resulting in the immediate closure of accounts upon any infraction.
- No Free Trial: Earn2Trade doesn’t provide a trial period, which may pose a challenge for new users looking to test the platform before fully investing.
Earn2Trade Pricing
At least to me, price is always a major consideration before I decide to sign up for any platform. Here is a quick breakdown of some key financial aspects of trading with Earn2Trade that you should be aware of.
Trader Career Path ($150/month): Ideal for retail traders needing a beginner course, this plan starts with $25,000 in virtual capital for futures trading. Traders must adhere to specific trading goals, including a minimum of 15 trading days, adherence to a consistency rule, and meeting set profit and loss limits. Successful traders can progress to a funded account, retaining 80% of profits with the potential to scale up to $200,000 in funding.
The Gauntlet Mini: This program offers varying starting capitals ($50,000 to $200,000) with monthly costs ranging from $170 to $550. It’s designed for traders to complete in as little as 15 days, leading to funded trading opportunities with prop firms.
Both programs emphasize the importance of meeting specific trading goals and requirements at each stage to progress and gain access to higher funding levels.
Make sure to check out my Earn2Trade coupon code to save substantially.
Earn2Trade Compatibility
Earn2Trade caters to diverse trader preferences by supporting several leading trading platforms. Included in their evaluation programs is a complimentary NinjaTrader license, known for its advanced charting and analytics.
Additionally, they provide integration with R|Trader Pro, developed by Rithmic, which offers direct market access and an extensive toolkit for futures trading. Earn2Trade also accommodates connections to various other platforms via API, enabling traders to seamlessly integrate their preferred trading software.
Final Thoughts
In summary, Earn2Trade stands out among the best futures prop trading firms for those looking to embark on a funded trading journey. Before signing up to Earn2Trade, it’s important to understand their commitment to education, offering structured programs like the Trader Career Path and The Gauntlet Mini.
With these programs, traders can progressively advance with clear goals, starting from virtual trading to potentially accessing substantial funded accounts. The platform’s detailed educational resources, alongside various trading goals and performance requirements, make it a significant contender for those seeking a comprehensive and educational trading experience.
For more details and to begin your trading journey, Click Here.
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