If you’re a trader looking to sharpen your skills and advance your career, Earn2Trade offers a compelling pathway. After personally joining their programs, in this article, I would share my experience and insight about their programs.

Earn2Trade is an educational company that empowers aspiring traders to hone their skills, understand the mechanics of the markets, and eventually transition into professional trading roles. Their primary offering includes two comprehensive trading programs that emphasize skill development, risk management, and real-world trading experience.

Understanding the Trading Programs

The key trading programs are the Trader Career Path and the Gauntlet Mini.

The Trader Career Path is designed to assess your trading proficiency and discipline. You start with a virtual account of $25,000 or $50,000, demonstrating your skills in a simulated environment. Upon passing the examination phase, you are invited to join a proprietary trading firm where you trade using the firm’s funds.

The next stage is progressing through a series of live accounts, meeting specified profit targets at each step, and advancing to larger accounts. The program’s ultimate goal is to enable you to manage a $400,000 live account with a drawdown limit of $380,000.

The Gauntlet Mini is specifically designed for intraday traders. After only 15 trading days, you can become eligible for funding. This program also provides you with a crash course for beginners and an advanced journaling tool called Journalytix.

Trading Rules, Costs and Profit Sharing

Earn2Trade stipulates certain trading rules, including a minimum trading duration of 15 days, trading during approved times, and adhering to a progression ladder. It’s crucial to avoid reaching or dipping below your daily loss limit and the minimum account balance (EOD Drawdown). Consistency in trading is highly emphasized and rewarded.

Earn2Trade operates on a subscription model. The TCP25 program costs $150 per month, while the TCP50 program costs $190 per month, although they do regularly offer discounts on their plans, so be sure to check their websites for any promotions.

Upon successful completion of the evaluation, you are offered a funding contract with a proprietary trading firm. A unique selling proposition of Earn2Trade is that you retain 80% of your profits. This generous profit-sharing structure, coupled with trading the firm’s capital, substantially reduces your financial risk.

Additional Benefits

Earn2Trade provides additional benefits that significantly enhance your trading experience and proficiency. You get access to free licenses for advanced trading software like NinjaTrader and Finamark and a simulator account for practice. The program also provides a Journalytix license for advanced trading journaling.

Moreover, Earn2Trade offers a wealth of educational material throughout your evaluation phase. The company understands that every trader’s journey is marked by continuous learning, and they provide ample resources to aid this process.

Quick Thoughts

My journey with Earn2Trade has been one of continuous growth, learning, and progress. The structure and objectives of their programs taught me discipline, risk management, and consistency.

The initial cost may seem high, but the benefits far outweigh it. The education, support, trading software, and the opportunity to trade using the firm’s funds, make a subscription to one of their programs a sound one. With an 80% profit share, the potential for earning is also significantly high.

While trading requires perseverance and discipline, Earn2Trade provides a solid foundation and a clear path to becoming a professional trader. It’s not just about trading, it’s about crafting a sustainable and profitable career.

For those considering a career in trading, Earn2Trade offers an excellent springboard. With their comprehensive programs, ample resources, and generous profit-sharing model, they could be the best program for you.

Quick Details of the Earn2Trade Programs

Feature TCP25 TCP50
Program Cost $150/month (check website for promotions) $190/month (check website for promotions)
Available Funding After Evaluation Up to $200,000 Up to $400,000
Profit Sharing 80% 80%
Maximum Drawdown in Evaluation $1,500 $2,000
Maximum Drawdown After Evaluation $194,000 $380,000
Evaluation Duration Minimum 15 Trading Days Minimum 15 Trading Days
Profit Target for Evaluation $1,750 $3,000
Other Trading Rules Must follow progression ladder, maintain consistency, trade only during approved times, do not dip below daily loss or minimum account balance (EOD Drawdown), free reset when rebilled Must follow progression ladder, maintain consistency, trade only during approved times, do not dip below daily loss or minimum account balance (EOD Drawdown), free reset when rebilled

 

What do Traders Actually Think about the Earn2Trade Programs?

On Trustpilot, with a score of 4.7 based on 1408 reviews, the consensus suggests a generally positive opinion about Earn2Trade’s services. However, it’s worth mentioning that the feedback is not uniform and there are mixed reviews.

Positive Feedback:

Many traders have appreciated the clear and concise trading rules, which provide a structured and disciplined approach to trading.

The company’s array of educational resources are noted as a major positive. These resources seem to help traders improve their skills significantly, thus making Earn2Trade not just a trading platform but also a comprehensive learning environment.

Another praiseworthy aspect highlighted by traders is the responsiveness and helpfulness of the Earn2Trade support team.

Negative Feedback:

Criticisms mainly surround the company’s promise of a free reset evaluation, which, according to some traders, wasn’t honored. This could indicate potential issues with transparency or follow-through on the company’s part.

Some traders reported problems with the trading platform’s market being closed while it was still open on TradingView. This discrepancy could potentially impact trading decisions and outcomes.

A lack of flexibility in trading rules was also mentioned as a downside. While rules are essential to maintain discipline and mitigate risk, too rigid rules might impede the trading strategy of certain individuals.

Comparisons to other Funded Trader Programs:

In comparison to other funded trader programs, Earn2Trade appears to offer a unique blend of clear trading rules and extensive educational resources. Some traders find this advantageous. However, compared to Fidelcrest Trading’s challenge programs, some traders have criticized Earn2Trade, citing concerns about transparency and the adherence to promises made.

247trading Final Impressions

After careful examination of the Earn2Trade platform, it’s evident that this trading program offers a unique blend of resources, opportunities, and challenges for aspiring traders. With clear and concise trading rules, an array of educational materials, and an encouraging profit-sharing model, Earn2Trade stands as a compelling choice for traders eager to step into the professional trading sphere.

On balance, it would seem Earn2Trade, despite its drawbacks, is worth considering. The opportunity to earn while learning and the program’s structured path to becoming a professional trader are compelling aspects. Yet, potential traders should go in with clear expectations and an understanding of the challenges they might encounter, particularly concerning the trading rules and market hours.

From my perspective, Earn2Trade can be recommended to traders who value a structured learning approach and clear progression. The program is particularly beneficial for those who can work within the set trading rules and appreciate the robust educational resources available. However, traders must also be aware of the potential issues and be prepared to navigate through them.

The bottom line, while Earn2Trade has its strengths and weaknesses, its emphasis on education and disciplined trading offers a valuable pathway for traders seeking to enter the professional sphere. However, potential traders should do their due diligence and ensure that the platform aligns with their individual trading objectives and style.