The educational company Earn2Trade was founded in 2017 and had its headquarters in Wyoming, USA. It provides virtual accounts for futures trading and academic courses for amateur traders who want to become professionals. The top students who perform well in their trading under predetermined conditions are granted access to funds from proprietary trading firms ranging from $25,000 to $200,000. Subscriber costs for Earn2Trade’s three rate plans range from $90 to $429.
What Is Earn2Trade?
Earn2Trade was established in 2016 in the United States by traders, instructors, and developers who wanted to aid people in obtaining funding. Earn2Trade is a company that helps people learn to trade and a recruitment agency for sponsored investors.
The business provides a variety of ‘challenges’ that judge investors’ trading prowess and capacity for generating consistent profits over a predetermined time frame. Funded profiles from Earn2Trade are made available through affiliate trading companies. Additionally, the company offers a basic education program where users can learn about various instruments, general market conditions, risk management techniques, and technical trading.
Top 3 Earn2Trade Review By Customers
Here are the top 3 Earn2trade review by the customers in this section.
Jack Peterson, experienced trader, Little Rock
I found Earn2Trade’s terms to be intriguing. I decided to try it and went with the Gauntlet Mini plan because the subscriber fee isn’t excessive. It cost me $150, but I effectively received $25,000. The income, drawdown, and loss limit criteria were perfect for me.
The restriction on the number of contracts was the issue I objected to. With just three contracts, I could only make over $2,000 each day, much less do it for 15 days straight. Additionally, I’ve read that if you don’t trade for even five days after signing a contract with a prop company, your account will be terminated. Since I can’t meet Earn2Trade’s requirements, I need to enhance my trading abilities.
Bob Williams, trader, Chicago
Since I’ve been trading futures for three years, I found Earn2Trade’s terms intriguing. It charges for its trading simulator. When there is a special offer, the monthly subscription charge is $90 instead of the standard $150. I enjoy that there are various trading platforms available. Both paid and free options, like NinjaTrader, are available. I have just been able to pass a test and qualify as a professional trader. However, I continue trying while studying under a professional at Earn2Trade. What will result will be revealed over time.
Martin Moreira, trader, Dallas
Working with Earn2Trade is convenient. Paying the subscription cost is possible via PayPal or a bank card. Customers receive complete information on the requirements for making trades and virtual deposits. If you complete them, you get actual trade money. If not, you can go back and start over or come back later. You can activate your package more than once, so you can keep trying until you master the assignment. The $150 monthly fee I pay is reasonable considering the benefits I receive, including trading experience and the opportunity to test out E’s conditions. Since I intend to trade futures on that specific exchange, transactions on the Earn2Trade simulator let me evaluate the commissions and asset options.
What Is Topstep Trader?
TopstepTrader was founded in 2012 by Michael Patak. TopstepTrader is one of the 5,000 fastest-growing businesses in America, according to INC.5000. This is a blatant indication that most merchants are looking for Topstep Traders’ goods and services. The idea is relatively straightforward. Traders that meet the requirements can use TopstepTraders capital to trade on a funded futures trading account, keeping 90% of profits after the first $5,000.
Pros and cons of TopstepTrader
- A 14-day, $150,000 starting balance, free simulated trial account.
- There is no platform fee for TSTrader
- No personal risk was involved in the funding of the trades. 90% of future profits are yours to keep after TopstepTrader keeps the first $5,000 in profits.
- When signing up for the trial account, no credit card is needed.
- A monthly fee of $395 is added for performance coaching during the Trading Combine.
- It is challenging to estimate all costs.
- When paying exchange fees, funded traders are recognized as professionals, raising the monthly fixed price for exchange data feeds.
- The success rate ratio for combined traders vs. financed needs to be completely transparent.
- only accessible for forex trading with TopstepFX and futures trading