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In the dynamic world of futures trading, Earn2Trade emerges as a key player, offering a unique blend of educational resources and funded trader evaluation programs. This platform is designed for both emerging and seasoned traders, focusing on cultivating the necessary skills for success in trading. As part of my Earn2Trade review, we dive into the various facets of the company, from its mission and educational content to its evaluation programs and pricing structures.
Earn2Trade stands out not only for its educational offerings but also for its commitment to nurturing professional trading careers. Traders engage with a sophisticated trading simulator during their subscription, where they have the opportunity to prove their trading acumen. Successful completion of this virtual funded trading program paves the way for actual funding, offering a tangible start to a trading career.
However, as with any platform, it’s crucial to weigh both the positives and the Earn2Trade complaints and negative ratings. Such insights provide a more comprehensive view of what it’s like to navigate the platform and its offerings. My in-depth exploration aims to offer a balanced perspective, helping you make an informed decision about your trading journey with Earn2Trade.
What is Earn2Trade?
Earn2Trade, established in 2017 and based in Wyoming, USA, stands out as an educational platform tailored for retail traders aspiring to excel in the futures market. This platform offers comprehensive learning courses and virtual trading environments, focusing on futures trading. It provides two distinct funding paths: the Trader Career Path and the Gauntlet Mini, each designed to cater to the varying needs of traders.
Through its rigorous training programs, Earn2Trade prepares traders for the challenges of the futures market. Upon subscribing and excelling in virtual trading simulations, traders are evaluated through a trading exam. Successful completion of this exam opens the door to potential partnerships with Helios Trading Partners or Appius Trading Limited. This collaboration is a significant milestone, granting traders access to funded accounts ranging from $25,000 to $200,000.
Earn2Trade’s approach emphasizes practical experience in trading, aligning theoretical learning with real-world application. This strategy aims not just to educate but also to elevate traders from learners to professionals, ready to navigate the complexities of the futures markets with confidence and skill.
Earn2Trade Benefits
Earn2Trade presents several benefits for those looking to develop their trading skills, particularly in the futures market. Here are the benefits I find most powerful:
- Progression Ladder with Clear Goals: Earn2Trade’s structured approach offers traders a clear set of objectives, guiding them through their trading journey.
- Extensive Educational Resources: The platform is replete with an array of educational materials including video lessons, trading manuals, webinars, and a “Beginner Crash Course.” This wealth of information benefits traders across all skill levels.
- Level 2 Data Access: Subscribers have the advantage of accessing Level 2 data, providing deeper insights into market dynamics.
- No Monthly Fee for Funded Traders: Once traders achieve funding status, they are exempt from monthly subscription fees, making the journey more financially feasible.
- Robust Trading Tools: The platform comes equipped with a trading simulator for one-click trading, news feeds, economic calendars, and various charting tools including range style and candlestick charts.
- Trade Analysis with Journalytix: Earn2Trade integrates Journalytix for trade tracking, allowing traders to record, categorize, and analyze their trades. This facilitates effective risk management and strategic planning.
- Flexible Evaluation Programs: Catering to different trading styles and timelines, Earn2Trade offers two distinct evaluation programs, providing flexibility in choosing the path that best aligns with individual trading goals.
- Competitive Pricing: The pricing structure is considered reasonable, especially considering the potential access to funding from proprietary trading firms.
- Risk Management Emphasis: The focus on risk management ensures that traders adopt responsible trading practices, minimizing exposure to undue risks.
Overall, Earn2Trade’s comprehensive approach, combining thorough education, practical tools, and flexible evaluation programs, positions it as a supportive platform for traders aiming to navigate the futures market effectively.
Earn2Trade Complaints And Negative Ratings
As evident by its 4.7 out of 5 overall average rating on TrustPilot, overall, users love Earn2Trade. There are a few Earn2Trade complaints and negative ratings that I was able to unearth.
I will discuss the merits of some of the complaints I was able to find:
customer
1 review
Updated Oct 5, 2023
Verified
A respectable and beautiful company…
A respectable and beautiful company that deserves a wonderful experience with all its aspects. But I wish that the condition of trading for at least 15 days would be removed, which means for Ibb a long time and I hope that it will be changed to 5 days, for example, if it is a circumstance
Date of experience: October 02, 2023
This user gave Earn2Trade a negative rating because of the lengthy trading evaluation period. As long as the company is upfront about the evaluation process, which Earn2Trade is, I don’t think this should be held against them.
customer
1 review
ES
Aug 21, 2023
Verified
rules are not easy to understand
rules are not easy to understand, and the platform used (NinjaTrader) made some mistakes and I lost the evaluation due to this.
Date of experience: August 10, 2023
For this negative review, it is hard to fault Earn2Trade for NinjaTrader not operating properly. Earn2Trade is compatible with over 20 different trading platforms, so if NinjaTrader isn’t working up to par, users can choose to change providers.
Earn2Trade Pricing
Earn2Trade offers a variety of pricing plans, each tailored to different levels of trading experience and goals. All plans come with a monthly subscription model, with each billing period spanning 30 days. I will provide a detailed look at their offerings:
- Trader Career Path: Priced at $150 per month, this plan is ideal for retail traders beginning their journey. It includes a beginner crash course and starts traders with $25,000 in virtual capital for futures exchanges trading. Key elements of this plan include a minimum of 15 trading days to qualify for a funded account, adherence to a “consistency rule,” a daily loss limit of $550, an end-of-day drawdown of $1,500, and a profit goal of $1,750. Successful traders can reset their Evaluation for $100 and eventually graduate to a funded account where they can claim 80% of their weekly profits. Traders can scale up to $200,000 in funding, with changing requirements at each level.
- The Gauntlet Mini: This plan offers flexibility in choosing initial capital, ranging from $50,000 to $200,000, with the cost varying from $170 to $550 per month depending on the starting capital. This plan is similar to the Trader Career Path but allows for more customized starting points and objectives.
- Commission and Fees: When trading futures in real accounts, traders incur various fees, including exchange fees for contract trading on specific exchanges. Additional charges include the NFA fee ($0.02 per trade), Rithmic connection fees ($0.1 per trade), FCM fees ($0.54 for futures and $0.46 for micro futures), and a monthly market data transfer fee of $105. The Gauntlet package has a one-time subscription fee of $429.
Check out this Earn2Trade coupon code to see what offers they currently have.
Final Thoughts
Earn2Trade stands out as a significant player in the trading education industry, particularly for those aspiring to manage funded stock trading accounts. Despite occasional Earn2Trade complaints and negative ratings, which are common in the industry, the platform offers robust training programs, flexible evaluation paths, and a commendable focus on practical trading skills. Their approach caters to both newcomers and seasoned traders looking to leverage professional capital.
For individuals seeking the best funded stock trading accounts, Earn2Trade provides a unique blend of educational resources, realistic trading simulations, and the opportunity to trade with substantial capital upon successful completion of their programs. The potential to partner with established proprietary trading firms through Earn2Trade is an attractive prospect for serious traders.
If you’re ready to embark on a journey towards professional trading or looking to scale your trading career, click here to explore more about Earn2Trade and take the first step towards achieving your trading goals.
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