REVIEW SUMMARY
Earn2Trade is a Futures prop firm, located in Sheridan, Wyoming, USA. It was founded in 2017.
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures.
Max balance: $400,000
Profit split: 80%
Cost: from $150/month
Platforms: NinjaTrader, Rithmic, InsideEdge Trader, Volfix, ATAS, Quantower, QST, ScalpTool, TradeNavigator, SierraChart, MultiCharts, Photon, MotiveWave, RInvestor, Bookmap X-Ray, Jigsaw Daytradr, Finamark, QScalp.
PROS & CONS
What I like:
What could be improved:
Earn2Trade is a prop trading firm located in the USA.
In this article, you’ll get a review of this prop firm, including analysis and instructions to get funded with an account from Earn2Trade.
Here’s what you’re going to learn:
Earn2Trade is a prop firm located in the USA and was established in 2017, so it already has some decent experience funding traders.
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:
Earn2Trade has different account sizes that you can choose from and two different programs.
This program gives you access to a $25,000 or $50,000 trading account. The price is $150 for the smaller account and $190 for the bigger account.
Both accounts can grow over time if targets are reached. The smaller one can grow up to $200,000 and the bigger one up to $400,000.
The Gauntle Mini program gives you access to accounts between $50,000 and $200,000 of capital. The price starts at $170 for the smaller account and goes up to $550 for the bigger account.
Setup fees: When you pass the challenge, you don’t need to pay the Earn2Trade activation fees immediately. Instead, they will be paid when you make your first withdrawal. That looks like a good deal to me.
There’s no leverage, the trading account balance is the buying power, meaning that the leverage is 1:1.
Your limits are defined by the maximum number of contracts that you can trade, which depends on your account size and profit.
The number of contracts that you can trade on the Trader Career Path are in the table below, which is called the progression ladder:
When trading the Gauntlet Mini, the progression ladder is similar. Here are all the details:
Earn2Trade shares the profits with the trader at an 80/20 profit split. This means that the trader gets 80% of the profits. The prop firm keeps 20% of the profits for them.
According to Trustpilot, Earn2Trade is classified as excellent. It’s scoring 4.7/5.0 after 1200+ reviews of the prop firm.
During the Trader Career Path evaluation, you need to follow a series of rules and reach a profit target.
These rules are the same regardless of the account size that you’re applying to:
Besides those rules, you also have profit target and drawdown limits that are different depending on the account size. Here they are:
| Starting Capital | $25,000 | $50,000 |
|---|---|---|
| Profit goal | $1,750 (7%) | $3,000 (6%) |
| Maximum Drawdown | $1,500 (6%) | $2,000 (4%) |
| Daily Loss Limit | $550 (2.2%) | $1,100 (2.2%) |
Important to mention that this prop firm’s evaluation has one single step, unlike other firms that typically have two steps.
The rules of the Gauntlet Mini are pretty much the same as the Trade Career Path. These are the same for all account sizes:
Then you have a profit goal to achieve and drawdowns that you can’t exceed:
| Starting Capital | $50,000 | $100,000 | $150,000 | $200,000 |
|---|---|---|---|---|
| Profit goal | $3,000 (6%) | $6,000 (6%) | $9,000 (6%) | $11,000 (5.5%) |
| Maximum Drawdown | $2,000 (4%) | $3,500 (3.5%) | $4,500 (3%) | $6,000 (3%) |
| Daily Loss Limit | $1,100 (2.2%) | $2,200 (2.2%) | $3,300 (2.2%) | $4,400 (2.2%) |
Earn2Trade doesn’t mention anything against the use of Algos or Bots to trade.
Unfortunately, Earn2Trade doesn’t offer a free trial.
There are no free repeats, but there’s a free reset option. The free reset comes with the Trader Career Path and you gain one every month when you renew your subscription.
The link below will give you a 20% discount on your purchase if you’re a new client. If you already entered their website before, please clean your cookies before using the link or it won’t work.
All accounts come with free real-time data and a free NinjaTrader license key when trading the simulated account.
Besides that, Earn2Trade supports the most popular futures trading platforms:
Holding trades after the close of the day is not permitted. All positions must be closed before 5:00 PM CT, or earlier if the market close of that product is before that time.
Leaving positions open for the weekend is also not allowed.
Earn2Trade is aligned with day traders and day trading strategies. If you have a different trading style, you may want to check an alternative (more below in this article).
There’s no mention of restrictions on trading during news events.
If you like to trade news, then this is a good prop firm for you. You just need to be careful and have good risk management. Learn how to calculate your maximum lot size wisely.
Here are all the payment types accepted by Earn2Trade :
Yes, Earn2Trade is a legit company.
Here are their contacts:
There’s also live chat support on their website.
Here is a list of the best Earn2Trade alternatives:
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