Earn2trade Review

Earn2Trade started in 2017 and is based in Wyoming USA. It helps retail traders learn to become professionals and provides virtual accounts for futures trading. Earn2Trade offers trading challenges where traders can show their skills and possibly get real money to trade. In this review, we explain how Earn2Trade operates, its pros and cons, regulations, fees, trading rules, profit splits, withdrawal fees, and more. Discover if pursuing a funded trading account with Earn2Trade is right for you.

šŸ¢ Headquarters Sheridan, Wyoming, United States
šŸ“… Year founded 2017
šŸ—ŗļø Regulation National Futures Association (NFA)
šŸ’»Ā Trading platform: NinjaTrader, R Trader Pro, Finamark, and others
šŸ’°Ā Account currency: USD
šŸ“ŠĀ Accounts: Evaluation, Junior LiveSim, Junior Live, Intermediate Live, Advanced Live, Senior Live, Gauntlet Mini, and Gauntlet
šŸ’µ Withdrawal options: Debit cards, bank transfers, PayPal, Payoneer, Revolut, Wise, and cryptos
šŸ’µ Deposit options: Credit/debit cards (such as Visa, Mastercard, Discover Network, Diners Club International, JCB
šŸš€Ā Minimum deposit: $90
āš–ļøĀ Leverage: No
ā˜Ŗļø Islamic account (swap free) No
šŸŽ® Demo Account Yes
šŸ’±Ā Spread: A fixed payment for a contract for each instrument + fees charged by regulators, liquidity providers, and futures exchanges
šŸ”§Ā Instruments: Futures and micro futures
šŸ“‹Ā Orders execution: Market execution
ā˜Ž Customer Support: 24/7
šŸ“š Education Yes

How Earn2Trade Works

Earn2Trade operates by offering trading challenges that evaluate tradersā€™ skills. Traders who successfully complete these challenges receive a funded account from Earn2Tradeā€™s proprietary firm partners (Helios Trading Partners and Appius Trading Limited). These funded accounts provide buying power ranging from $25,000 to $200,000, depending on the challenge completed. Traders keep 80% of the profits earned through these accounts.

Earn2Tradeā€™s trading platform provides educational resources and coaching to help traders during their challenges. These resources include video lessons, webinars, trade tracking, customizable charts, depth of market integration, and other features.

Pros and Cons

Pros Cons
You can work with this company after paying a $90 subscriber fee. Earn2Trade clients can only trade on futures exchanges. Other markets like Forex, CFDs, real stocks, and cryptocurrencies are not available.
Professional traders, approved by the National Futures Association (NFA), provide quality teaching.
You get access to free trading platforms and detailed analytics.
You can trade on the Chicago Mercantile Exchange (CME), the worldā€™s largest futures exchange.
You receive 80% of the profits from trades, while the firm gets 20%.
There is an affiliate program with various commission types.

Regulation and Safety

Earn2Trade works with regulated brokers like the National Futures Association, well-known in the trading industry. This ensures traders have access to trustworthy and secure trading platforms. Additionally, you can trade with CME (Chicago Mercantile Exchange), one of the leading associations.

Is Earn2Trade legit?

Yes, Earn2Trade is a legitimate company offering trading education and evaluation services. There are several reasons to support this:

  • Earn2Trade has a clear and transparent business model that explains how its services work, how it makes money, and what it expects from its clients.
  • The website provides detailed information to address any doubts users might have.

Earn2Trade Commissions & Fees

Earn2Trade is not a brokerage. Clients pay all trading fees to exchanges and regulators. Earn2Trade does not offer free membership plans. But paid evaluation programs include free perks like Level 2 data and a NinjaTrader license.

Trader Career Path

The Trader Career Path is best for retail traders who need a beginner crash course with no time limits. It costs $150 per month. Subscribers can use the trading software to make trades with virtual funds.

Traders start with $25,000 in virtual capital for futures exchanges. They can use any trading style but must meet specific goals before getting a funded account.

  • Trade for at least 10 days before being eligible for a funded account
  • Follow the consistency rule, which states that one trading day canā€™t account for more than 30% of total profits and losses
  • Reset the Evaluation at any time for $100
  • Daily loss limit is $550
  • EOD drawdown is $1,500
  • Profit goal is $1,750

When traders finish the evaluation, they can upgrade to a funded account. They can redeem 80% of profits from their funded account weekly. Traders can upgrade their account until they reach $200,000 in funding. Requirements change as they reach higher levels, so they must pay attention to each stage.

The Gauntlet Mini

The Gauntlet Mini is like the Trader Career Path but lets traders choose their starting capital. The starting capital affects trading goals. Virtual starting capital ranges from $50,000 to $200,000.

Current costs of each plan are:

  • $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 skilled traders can finish the Gauntlet Mini in 10 days. Once done, traders connect with prop firms for funded trading opportunities.

Platforms & Markets

Earn2Trade supports many platforms such as NinjaTrader, Finamark, R / Trader & R / Trader Pro, and Overcharts. NinjaTrader and Finamark are free during The Gauntlet and Gauntlet Mini assessments. Clients can trade all CME futures assets including micros.

Education

Earn2Trade offers ā€˜The Beginner Crash Courseā€™ with 60 videos that are 6-10 minutes long. These videos cover basic and advanced trading concepts. Each video has a quiz to test your understanding. You can learn the basics in 1-2 weeks and the advanced level in 3-6 weeks. You can also join a six-month trading Bootcamp with a personal mentor. The advanced learning costs $2,499. You can reset any Earn2Trade package for a fee. This lets you try the challenges again but you will have to pay this fee on top of your monthly fee.

Customer Support

You can reach the company via email, WhatsApp, Telegram, and live chat. Theyā€™re also active on social media like Facebook, Twitter, YouTube, Instagram, and LinkedIn. They provide tutorials and webinars as part of their educational packages, where you can interact online with professional traders.

Conclusion

Earn2Trade provides educational facilities and practical experience for both beginners and experienced traders interested in proprietary trading. They offer extensive training resources and support, helping novices learn about futures trading and master advanced skills needed for success and profitability. If youā€™re seeking a trustworthy path to accessing a funded trading account, consider taking one of Earn2Tradeā€™s assessments.

FAQs

Is Earn2Trade regulated?

Earn2Trade is not regulated by financial authorities or brokers. However, it partners with regulated brokers like AMP Global and FXCM to offer traders secure and reliable trading platforms.

Does Earn2Trade offer investor protection?

Earn2Trade does not have investor protection funds. Instead, the company has a clear refund policy for any issues and a support team to help traders with questions or concerns.

How does Earn2Trade ensure the safety of user data and transactions?

Earn2Trade uses industry-standard security measures to protect user data and transactions. The company secures its website with SSL encryption and partners with reputable, regulated brokers for secure trading platforms.

What is Earn2Tradeā€™s refund policy?

Earn2Trade has a refund policy available for traders facing issues, but specific details are not provided.

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