Earn2Trade: Reviews And Analysis
In-depth review of the Earn2Trade prop firm.How to pass the challenge, payout, leverage, rules, comparison, coupon, discount, promocode, and free trial and repeat.
Earn2Trade is a prop trading company specializing in futures trading, offering a variety of trading instruments including equity futures, forex futures, agricultural futures, energy futures, interest rate futures, and metals futures. The company supports accounts with up to $400,000 in funding and offers an 80% profit split.
Features
- Trading Instruments: Equity Futures, Forex Futures, Agricultural Futures, Energy Futures, Interest Rate Futures, Metals Futures
- Maximum Account Balance: $400,000
- Profit Split: Up to 80%
- Cost: Starting from $150 per month
- Platforms: Ninjatrader, Finamark, R|Trader, 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
Pros & Cons
Pros
- Well-established since 2017, providing stable operations.
- Accounts can grow over time, with maximum potential up to $400,000.
- Free use of NinjaTrader platform.
- Free access to Journalyticx journaling tool software.
Cons
- Educational resources are paid.
- Only allows day trading; overnight or weekend positions are not supported.
Trading Accounts
Earn2Trade offers various account sizes and two distinct trading programs tailored to different types of traders and capital requirements.
Trader Career Path
Allows selection of $25,000 or $50,000 trading accounts.Smaller account costs $150, larger account costs $190.
Account growth potential: up to $200,000 for smaller accounts and up to $400,000 for larger accounts.
Gauntlet Mini
Provides access to capital accounts ranging from $50,000 to $200,000.Smaller account starts at $170, while larger accounts cost up to $550.
Setup Fees: No immediate payment of activation fees upon passing the challenge; fees are deducted upon first withdrawal.
Trading Leverage
Earn2Trade operates on a 1:1 leverage basis, where the trading account balance serves as buying power. The number of contracts tradable depends on account size and profit.
Profit Split
Earn2Trade shares profits with traders on an 80/20 split, with traders receiving 80% and the firm retaining 20%.
Evaluation Rules
During Trader Career Path and Gauntlet Mini evaluations, traders must adhere to specific rules irrespective of account size:
- Minimum Trading Days: 15 days
- Challenge Duration: No maximum limit; traders can trade at their own pace.
- Profit Goals and Drawdown Limits: Varied based on account size.
Trader Career Path:
| Starting Capital | Profit Goal | Maximum Drawdown | Daily Loss Limit |
|---|---|---|---|
| $25,000 | $1,750 (7%) | $1,500 (6%) | $550 (2.2%) |
| $50,000 | $3,000 (6%) | $2,000 (4%) | $1,100 (2.2%) |
Gauntlet Mini:
| Starting Capital | Profit Goal | Maximum Drawdown | Daily Loss Limit |
|---|---|---|---|
| $50,000 | $3,000 (6%) | $2,000 (4%) | $1,100 (2.2%) |
| $100,000 | $6,000 (6%) | $3,500 (3.5%) | $2,200 (2.2%) |
| $150,000 | $9,000 (6%) | $4,500 (3%) | $3,300 (2.2%) |
| $200,000 | $11,000 (5.5%) | $6,000 (3%) | $4,400 (2.2%) |
Earn2Trade offers flexible trading account choices and strict evaluation rules, suitable for traders with different levels of trading experience and risk preferences. Whether you are a novice or an experienced trader, you can find a funding program with Earn2Trade that aligns with your needs.
Additional Key Information
- Free Reset Option: Traders can restore funded accounts monthly through a free reset option.
- Discounts and Promotions: New clients can avail a 20% discount via a specific link, ensuring browser cache is cleared for validity.
- Trading Hours and News Trading: All positions must be closed by market close, with no overnight positions allowed. While there are no restrictions during major news events, traders are advised to employ robust risk management strategies.
Earn2Trade is a reputable prop trading company offering diverse account options and extensive platform support. Prospective traders should carefully review and understand evaluation rules and trading conditions before opting for funding with the company, ensuring alignment with individual trading strategies and goals.
Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
