Earn2Trade
Earn2Trade is a proprietary trading firm founded in 2016, offering futures trading education and evaluation programs with funded accounts up to $400,000. The firm provides two main pathways: the Trader Career Path (TCP) and Gauntlet Mini, both leading to funded trading opportunities.
Pros & Cons Analysis
An unbiased evaluation of Earn2Trade's strengths and weaknesses to help you make an informed decision.
High Profit Split
Earn2Trade offers an 80% profit split in favor of traders, allowing them to retain a significant portion of their trading profits.
Large Max Funding
Traders can access up to $40,000,000 in funding, providing ample capital for scaling successful trading strategies.
News Trading Allowed
Traders have the flexibility to trade around news events, which can be advantageous for those adept at trading volatility.
Diverse Platforms
Earn2Trade supports various platforms including NinjaTrader and Bookmap, catering to different trading preferences and styles.
Weekly Payouts
Earn2Trade processes payouts on a weekly basis every Tuesday, providing regular cash flow for traders.
No Stop Loss Required
Traders are not constrained by mandatory stop-loss orders, offering greater flexibility in managing trades.
No Track Record
The firm lacks a defined founding date and has no Trust Pilot reviews, making it difficult to assess its credibility.
High Evaluation Fees
Evaluation fees range from $7,500 to $35,000, which may be prohibitive for smaller traders or those with limited capital.
Trading Restrictions
Prohibited strategies include automated trading and high-frequency trading, limiting options for some traders.
Consistency Rule
Traders must adhere to a 30% consistency rule, which may add pressure and restrict trading flexibility.
Weekend Holdings Prohibited
Traders are not allowed to hold positions over the weekend, potentially reducing profit opportunities.
Editorial Analysis
Earn2Trade presents several compelling advantages for traders seeking robust trading opportunities and financial rewards.
The firm's considerable maximum funding of $40,000,000 allows traders to scale their operations significantly, accommodating both growth and ambitious trading strategies.
With an 80% profit split in favor of traders, Earn2Trade ensures that successful traders can maximize their earnings from profitable trades.
The allowance for news trading and the absence of mandatory stop-loss orders provide traders with greater flexibility to adapt their strategies as market conditions change.
Offering multiple platforms such as NinjaTrader and Bookmap, Earn2Trade caters to a wide range of trader preferences, ensuring a suitable technological fit for diverse trading styles.
Important Considerations
Despite its strengths, Earn2Trade has several drawbacks that potential traders should consider.
The absence of a defined founding date and no Trust Pilot reviews make it challenging to gauge the firm's reliability and reputation.
Trading restrictions, including the prohibition of automated and high-frequency trading, may limit the strategies available to certain traders.
The evaluation fees, ranging from $7,500 to $35,000, are on the higher side and might deter traders with limited capital.
The 30% consistency rule imposes additional constraints on traders, potentially complicating trading strategies and performance measurement.
Earn2Trade offers substantial funding and profit opportunities but is best suited for traders who can navigate its restrictions and high evaluation fees.
This firm is ideal for experienced traders looking for high capital and profit retention, but who are comfortable with its operational constraints.
Prospective traders should weigh the firm's generous profit split and funding against its limitations to determine if it aligns with their trading goals.