Earn2Trade is a trading education company that offers traders the opportunity to become a professional trader with a proprietary trading firm.
Earn2Trade is a trading education company that offers traders the opportunity to become a professional trader with a proprietary trading firm. Just as with other prop firms, traders are given access to a trading simulator during their subscription period, where they can prove themselves as a skilled trader. Upon successful completion of their virtual funded trading program, eligible traders receive funding to jumpstart their trading career.
Pros Of Earn2Trade
- Lucrative profit split on Funded Accounts
- Great choice of trading platform options
- Another chance to pass your exam every month
- Withdrawn profits still count towards ladder progression
- High drawdown amounts at upper levels
- Guidance from expert traders
Cons Of Earn2Trade
- Exams are difficult to pass due to rules
- Futures only, with crypto markets excluded
- Lack of transparency around funded account ladder progress
- Course and data fees can be hefty
- Steep $10 withdrawal fees
- Trading Hours
What is Earn2Trade?
Earn2Trade is an educational platform that trains traders for market success in trading futures. It was founded by two registered Commodity Trading Advisors and a former university professor. Over time, the firm has undergone several shifts in ownership and is currently owned and led by a team of traders and educators.
Earn2Trade offers virtual trading simulations through two funding paths: the Trader Career Path and the Gauntlet Mini. Each of these serves as a gateway for traders to participate in trading challenges and validate their capabilities as traders. Successful traders are given access to funded accounts with account sizes of $50,000 to $400,000.
Key Features and Benefits of Earn2Trade
Earn2Trade offers you a wide variety of essential tools and features to help you on your trading journey. Aside from 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.
You also get access to news feeds, economic calendars, and tools for charting tools. The platform supports various volume chart types (such as range style charts and the normal candlestick chart) to suit your trading style and needs.
The reporting tool “Journalytix” can be used for trade tracking by recording, categorizing, and analyzing your trades for effective risk management and strategy implementation.
Comprehensive Education
Earn2Trade distinguishes itself with its emphasis on education. The firm offers a comprehensive curriculum covering a wide range of trading topics, including technical analysis, risk management, and trading psychology. Through interactive lessons, live webinars, and practical exercises, traders gain the knowledge and confidence to navigate the markets effectively.
Funded Trading Programs
Earn2Trade’s funded trading programs provide traders with the opportunity to trade the markets with real capital. Traders who successfully demonstrate their skills and pass the firm’s evaluation process can qualify for funded trading accounts. This allows traders to trade the markets without risking their capital up front, while still having the potential to earn profits.
Mentorship and Support
The firm offers ongoing mentorship and support to traders throughout their journey. Experienced traders serve as mentors, providing guidance, feedback, and encouragement to help traders succeed. Additionally, the supportive community of traders fosters collaboration and idea-sharing, creating a conducive learning environment for all participants.
Transparent Evaluation Process
Earn2Trade employs a transparent evaluation process to assess trader performance objectively. Traders receive feedback and guidance based on their performance, enabling them to identify areas for improvement and refine their trading strategies. This performance-driven approach ensures accountability and fosters continuous growth.
How To Open Your Earn2Trade’s Account
- Visit Earn2Trade’s official website.
- Go to the Products menu to see available services.
- Choose a service you want by clicking on it.
- Confirm your selection by clicking ‘Enroll Now.’
- Pick the type of account you want.
- Complete the registration form.
- Create an account using your email and password.
- Sign in to your new account.
- Choose a payment method for the subscription.
- Review your trading statistics in the user account.
- Connect to the trading platforms available.
Notable Features of Earn2Trade
Earn2Trade offers subscribers a wide variety of essential tools and features to assist them on their trading journey:
Trading Simulator: Offers one-click trading to practice strategies in a risk-free environment.
Beginner Crash Course: A comprehensive educational program to build a solid foundation in futures trading.
Blog, Webinars, and Online Lessons: Continuous learning resources to stay updated on market trends and trading techniques.
Calendar: Keeps track of important trading events and deadlines.
News Feeds and Economic Calendars: Provides timely market information and economic indicators.
Charting Tools: Supports various volume chart types, including range style charts and normal candlestick charts.
Journalytix: A reporting tool for trade tracking, categorizing, and analyzing trades for effective risk management and strategy implementation.
What Can You Trade With Earn2Trade?
Earn2Trade is a prop firm that funds traders to trade Futures. You can trade all CME (CME, CBOT, NYMEX, COMEX) Futures assets, including the Micros.
Here’s a list of all of the instruments that you can trade with Earn2Trade:
- Equity Futures
- Foreign Exchange Futures
- Agricultural Futures
- Energy Futures
- Interest Rate Futures
- Metals Futures
Account Types on Earn2Trade
Trader Career Path
This rate plan is designed for traders to progressively hone their skills and increase their account balance. You start with an ‘Evaluation’ account, featuring a virtual deposit of $25,000. If you trade successfully, you move up the ladder to accounts like ‘Junior LiveSim,’ ‘Junior Live,’ ‘Intermediate Live,’ ‘Advanced Live,’ and finally, ‘Senior Live.’
You start with an Evaluation account and a virtual deposit of $25,000. If you trade by the rules and make a profit, you can move on to the next account level, i.e., Junior LiveSim, and so on. The deposit amount increases as the account level rises, and the maximum amount of $200,000 is given to users of Senior Live accounts. The monthly subscription for Trader Career Path costs $150 but when there is a special offer, the cost is $90.
The virtual deposit increases as you ascend the levels, maxing out at $200,000 for Senior Live accounts. The monthly subscription for this path is usually $150, but it can go down to $90 during special offers.
Gauntlet Mini
Here, you trade with virtual capital ranging from $25,000 to $150,000. Meet the trading conditions for 15 consecutive days, and you gain access to real funds equal to your virtual deposit. The monthly payments for Gauntlet Mini range from $150 to $350, depending on the virtual capital provided.
Traders who fulfill the trading conditions for 15 consecutive days get access to real funds in the amount of a virtual deposit. Monthly payments for Gauntlet Mini are from $150 to $350, depending on the amount of funds provided for trading.
Gauntlet
In this account type, you are required to successfully trade with virtual funds for 60 days. Manage that, and you’ll get a real account with $25,000. Once you earn $5,000, you become a partner in a limited liability company. The one-time subscription fee for the Gauntlet account is $429.
Transitioning to Funded Trading
Upon successful completion of the evaluation programs, traders transition to funded trading with a proprietary trading firm. Traders retain access to Earn2Trade’s education and support while sharing in the profits they generate, without risking their capital.
Beginner Crash Course
Earn2Trade offers a comprehensive educational program named the “Beginner Crash Course” to help traders establish a solid foundation in futures trading. This course is ideal for traders who are just starting and looking to understand the basics, as well as for more experienced traders who may want to refresh their knowledge or pick up new insights.
Course Content:
- Introduction to Futures Trading
- Trading Basics
- Technical Analysis
- Fundamental Analysis
- Risk Management
- Trading Psychology
Customization and Compatibility with Trading Platforms
Earn2Trade excels in customization and compatibility, allowing traders to tailor their trading environment and integrate with popular trading software such as NinjaTrader and R|Trader Pro.
Earn2Trade Pricing and Fees
Before joining Earn2Trade, you’ll need to know how much this company’s services will cost.
For the Trader Career Path, you’ll pay a $150 or $190 monthly subscription fee, depending on which account size you choose. If you fail the Trader Career Path during the evaluation stage, you can reset your account and start again for $100.
For the Gauntlet Mini program, you’ll also be charged a recurring subscription fee depending on your package option; costs range from $150-350. With the Gauntlet Mini, traders get free access to the Beginner Crash Course, which typically costs $249.
For the Gauntlet program, you’ll pay a one-time fee of $429. For all live accounts, you’ll pay a withdrawal fee if you request a withdrawal while your balance is below $500.
Note: Earn2Trade often offers discounted prices, so keep an eye out to get the best deal possible.
Withdrawal Options
At Earn2Trade, the process of withdrawing money is handled by the proprietary firms that provide traders with capital. Withdrawal requests are processed only on Tuesdays. To ensure timely payment, you must submit your application via email before 2:00 PM on the preceding Friday.
You have various withdrawal options at your disposal. You can withdraw funds to a bank card in USD, through a bank transfer, or via digital wallets like PayPal, Revolut, Payoneer, and Wise. Cryptocurrency withdrawals are also an option.
The minimum withdrawal amount is set at $100. If you withdraw $500 or more, the proprietary firm waives the withdrawal fee. However, it’s important to note that external charges may apply, depending on the method you choose. For withdrawals under $500, a $10 fee is applicable per transaction.
Customer Support and Community
Earn2Trade offers robust customer support through live chat, email, and a comprehensive FAQ section. The platform also fosters a strong community through webinars, forums, and social media engagement, providing traders with valuable support and networking opportunities.
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.
User Reviews
Earn2Trade enjoys a high overall rating of 4.7 out of 5 stars on Trustpilot, based on 2,030 reviews. Users appreciate the comprehensive learning experience, supportive community, and a clear pathway to getting funded.
Our Personal Experience with Earn2Trade
After thoroughly testing Earn2Trade, we can confidently say that the company’s strong reputation is well-deserved. The educational tools offered, from the Beginner Crash Course to advanced Futures Courses, are particularly impressive. These resources make Earn2Trade an excellent platform for both novice and experienced traders.
One feature we particularly appreciate is the analytics tracker. With an easy-to-navigate dashboard, traders can effortlessly view their performance metrics, identify the most effective trading strategies, and stay updated with real-time market news. Features like this distinguish Earn2Trade from typical proprietary trading firms.
However, there are a few areas where Earn2Trade could enhance its platform. Currently, trading options are limited to futures assets, with no support for forex or cryptocurrencies. Expanding into more markets could attract a wider range of traders.
That said, if your focus is on futures trading, Earn2Trade is undoubtedly one of the best platforms available.
Our Earn2Trade Review Verdict
Earn2Trade isn’t the only virtual trading program that connects experienced traders with prop firms for funded trading opportunities. However, based on our comprehensive review, it stands out as one of the best value-for-money options available.
While many competitors frequently change their requirements, making it increasingly difficult to become a funded trader, Earn2Trade maintains consistency and transparency. Any revisions to their requirements are designed to benefit traders, which is a refreshing approach in this industry.
If you’re seeking a straightforward and clearly defined path to becoming a funded trader, Earn2Trade is an excellent choice. With its robust educational materials, diverse plan options, and numerous free perks, Earn2Trade offers substantial value that justifies its monthly expense.
