How to get funded with Earn2Trade prop company?
To get funded by the Earn2Trade prop company, traders need to pass the Gauntlet™ trading evaluation program, which assesses their trading skills and risk management. Upon successful completion, they can qualify for a funded trading account with up to $500,000 in buying power. Everyone wants to earn profit through trading activities. But with missing experience, skills and stock market knowledge, it’s tough to maintain consistent profits or succeed in the market. Moreover, novice traders lack risk-taking capability due to their own funds invested in the trades.
Overcoming all the limitations, a funded trading account is the best solution for all novice and experienced traders to upskill their knowledge and experience. A funded trading account allows traders to trade in the real market without risking their capital.
Earn2Trade is an online trading education and mentorship portal that offers a comprehensive curriculum covering trading techniques, strategies, live trading simulations, and personalized mentorship from experienced traders. Moreover, the portal also allows traders to trade with a funded account, allowing them to demonstrate their knowledge in real-market scenarios.
But how to get funded with Earn2Trade Prop Company? If you’re stuck with this question, this blog covers all the details about the Earn2Trade funded account program. Scroll down to learn more.
How to Get Funded for Trading Forex?How do you become a funded trader?
To get funded with Earn2Trade, traders need to follow the given steps:
Finish the educational program course
To begin with Earn2Trade funded trading accounts, a trader first needs to complete the education program, covering risk management, fundamentals of trading, trading strategies and market analysis. Completion of the education program demonstrates a solid understanding of basic concepts.
Go ahead with the audition
After completing the education program, traders must pass the audition, designed to evaluate a trader’s potential and check their ability to implement the learned skills. Audition involves a trading plan review, including the approach to the markets and risk management strategies.
Join the funded trader program
After passing the audition, traders will be given the option to join the Earn2Trade funded program. It will give traders an opportunity to trade with real money and build their experience as a trader. You will also have the option to access mentorship and ongoing support from the Earn2Trade team.
Meet the performance goals
In order to become a fully funded trader, you further need to maintain consistent profitability along with other mentioned performance goals. These involve meeting the minimum profit targets or a set performance level for the mentioned period of time.
How long does it take to become a funded trader?
Earn2Trade offers three different account options, each unique offering features. To begin with, you will first get an account with a virtual deposit and need to meet a few demands to get funded with real money. Different account types and their timeline to get funded is as follows:
Gauntlet Mini: The trader is given a virtual capital ($25,000 to $150,000) in the Gauntlet Mini account, and they need to fulfill the trading conditions for 15 days to get funded with real money.
Gauntlet: With a Gauntlet account, the client must successfully trade with the given virtual finds for 60 days to access real money.
Trader Career Path: This account allows traders to elevate their skills with available modules and gradually increases the account balance (virtual funds). Since this is an educational phase, traders will not be given real money to trade. Moreover, there is no limit to completing the modules. Clients can finish the same according to their understanding.
Earn2Trade audition review
After completing the educational phase, clients need to proceed with the audition process, which is used to assess their potential to become successful traders. It involves:
Review of the trading plan prepared by traders to check their risk management strategies and overall market approach;
Trading performance;
Stimulated trading results;
Market analysis and research depth.
According to Earn2Trade funded account program details, the audition process aims to check whether a trader is ready to proceed to the next phase of the funded trader program. Traders who successfully pass the audition process are ensured to have:
In-depth understanding of trading principles;
Well-defined trading plans;
Consistent record of profitable trades.
Since the audition phase is designed to be selective and challenging, not all traders can easily pass the test. Therefore, traders need to invest significant time and effort into the Earn2Trade funded account program and must be open about their strengths and weaknesses to increase their program success chances.
Best Forex Prop FirmsHow much can I attract as a funded trader?
As a part of the Earn2Trade funded program, traders can withdraw 80% of profits of the deposited amount. Since the amount of funding varies on multiple factors, including trader’s performance, level of risk and trading account size, funding and profit will also vary depending on these factors. If a trader sticks by the rules, there’s no upper limit to profits.
Earn2Trade guarantees no set amount of funding as they aim to build a track record of the traders and prepare them for generating consistent profits. Moreover, the portal does not always assure a profit, as trading is risky.
How much can you make as a funded Forex trader?FAQs
How many active Earn2Trade funded trading accounts are provided at a time?
Traders will only have one active funded account for trading at a time. If you fail your real account, you can apply for a new one after undergoing the complete evaluation processes again.
Is there an option to trade micros from Earn2Trade funded trading accounts?
Yes, all CME (CBOT, COMEX, NYMEX, CME), and all these future assets can be traded with a funded account.
How is Earn2Trade funded account different from others?
Earn2Trade funded account allows traders to increase their funds(real and virtual) anytime by sticking to the given rules and generating consistent profits.
How long do you wait to get a funded account after completing the educational modules?
Funded account creation after completing the educational phase usually takes 2-5 days.
Team that worked on the article
Upendra Goswami is a full-time digital content creator, marketer, and active investor. As a creator, he loves writing about online trading, blockchain, cryptocurrency, and stock trading.
Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments. He has been working with financial markets for 8 years. Ivan prepares text materials for novice traders. He specializes in reviews and assessment of brokers, analyzing their reliability, trading conditions, and features.