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:
- What Is Earn2Trade
- What Can You Trade With Earn2Trade?
- What Are The Earn2Trade Account Sizes?
- What Is The Earn2Trade Leverage?
- How Much Is The Earn2Trade Payout?
- Earn2Trade Reviews
- Trader Career Path Evaluation
- Gauntlet Mini
- Earn2Trade EAs/Algos/Bots
- Earn2Trade Free Trial
- Earn2Trade Free Repeat
- Earn2Trade Coupon / Promo Code / Discount
- Earn2Trade Platforms
- Earn2Trade Trading Hours
- Earn2Trade News Trading
- Is Earn2Trade Legit?
- Earn2Trade Alternatives
- Recap
- Learn More
What Is Earn2Trade
Earn2Trade is a prop firm located in the USA and was established in 2017, so it already has some decent experience funding traders.
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
What Are The Earn2Trade Account Sizes?
Earn2Trade has different account sizes that you can choose from and two different programs.
Trader Career Path
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.
Gauntlet Mini
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.
What Is The Earn2Trade Leverage?
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.
Trader Career Path
The number of contracts that you can trade on the Trader Career Path are in the table below, which is called the progression ladder:
Gauntlet Mini
When trading the Gauntlet Mini, the progression ladder is similar. Here are all the details:
How Much Is The Earn2Trade Payout?
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.
Earn2Trade Reviews
According to Trustpilot, Earn2Trade is classified as excellent. It’s scoring 4.7/5.0 after 1200+ reviews of the prop firm.
Trader Career Path Evaluation
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:
- Minimum days to trade: 15 days
- Challenge duration: There’s no maximum time to trade, you can take the time that you want.
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.
Gauntlet Mini
The rules of the Gauntlet Mini are pretty much the same as the Trade Career Path. These are the same for all account sizes:
- Minimum days to trade: 15 days
- Challenge duration: There’s no maximum time to trade, you can take the time that you want.
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 EAs/Algos/Bots
Earn2Trade doesn’t mention anything against the use of Algos or Bots to trade.
Earn2Trade Free Trial
Unfortunately, Earn2Trade doesn’t offer a free trial.
Earn2Trade Free Repeat
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.
Earn2Trade Coupon / Promo Code / Discount
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.
Earn2Trade Platforms
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:
- Ninjatrader – Free During Evaluation
- Finamark – Free During Evaluation and 90 days live
- R | Trader – Free
- R | Trader Pro – Free
- Inside Edge Trader
- Investor RT
- Motive Wave
- MultiCharts
- Bookmap
- Photon
- QScalp
- QSI- Quick Screen Trading
- ScalpTool
- Trade Navigator
- Volfix.net
- Jigsaw Trading
- ATAS Order Flow Trading
- Sierra Chart
- Quantower
Earn2Trade Trading Hours
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).
Earn2Trade News Trading
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.
Is Earn2Trade Legit?
Yes, Earn2Trade is a legit company.
Here are their contacts:
- Address: 30 N Gould St STE 4000, Sheridan, WY 82801
- Phone: +1 337-606-6535
- Email: support@earn2trade.com
There’s also live chat support on their website.
Earn2Trade Alternatives
Here is a list of the best Earn2Trade alternatives:
Recap
- Earn2Trade is a prop trading firm based in the USA.
- You can get a funded account with up to $400,000 in balance and an 80% profit split payout.
- To get access to a funded account you need to pass an evaluation, with different rules depending on the account size that you want to apply to.
- You can trade Futures.
- The most popular Futures platforms are available to trade including NinjaTrader.
Learn More
- What is prop trading
- List of the best prop trading firms
