Earn2Trade scaling plan
Earn2Trade offers a scaling plan that allows traders to increase their buying power by successfully meeting specific profit targets and risk management criteria. The plan offers traders up to $2 million in buying power and a higher profit split of up to 90%.
Earn2Trade is not a traditional broker but a proprietary trading firm that allows traders to trade with the company's capital in exchange for a percentage of their profits. Earn2Trade Scaling Plan refers to the evaluation program, which allows traders to start with a smaller account size and gradually scale up to a larger account size by meeting the profit targets and other requirements.
The article about the Earn2Trade Scaling Plan review will cover the features of working with a prop firm, such as access to higher capital levels and the potential for greater profits.
Best Forex Prop FirmsHow do you become a funded trader?
The Earn2Trade scaling plan is designed to advance their trading careers by increasing their capital allocation and potential profits through a proprietary trading firm. The program has several levels, each with its requirements and profit-sharing structures. Traders start at the funded trader level by passing a qualifying evaluation and paying a subscription fee.
They can then progress to higher levels by meeting specific profit targets and adhering to the program's rules and risk management guidelines. As traders move up the levels, they gain access to higher capital and greater profit splits, with the potential to earn profits.
However, the profit they earn will be shared, so they need to check on it. The program is designed to provide traders with a structured path to professional trading and access to larger amounts of capital.
Best Beginner-Friendly Prop FirmsEarn2Trade scaling plan packages
Each package has its own requirements and profit-sharing structures, and traders can progress through the levels as they meet the program's criteria. The packages are designed to provide traders with a structured path to professional trading and access to larger amounts of capital.
There are two packages of Earn2Trade, which are TCP50 and TCP25. It is advisable to start with the basic plans. You can advance to further plans based on the amount.
TCP25
The TCP25 is known as Traders Capital Plan 25, which requires the amount of $25000. It comes with a monthly subscription plan of $90 per month. If you do not clear the round, you can reset it. However, the account will only be reset if you rebill it. Otherwise, the account will not be reset.
TCP50
The TCP50 Program is referred to as the Traders Capital Plan 50, which indicates the amount of $50,000 of funding you will get when you pass the evaluation account and secure the funding. The monthly subscription plan is $190 per month. If you are not passing the account, it will keep getting rebilled as long as you pass the account.
In the image below, you can get the complete information regarding the two main packages of the Scaling Program:
Earn2Trade scaling plan packages
Evaluation program account rules
Individuals participating in the Scaling Plan Earn2Trade plan must follow all the rules thoroughly. Since there are two types of plans: TCP25 and TCP50- individuals must ensure that they are catering to the plans accordingly. Here are the major evaluation program accounting rules that you will need to follow:
The minimum number of trading days is 15 days.
Do not hit the daily loss limit. The daily loss limit for TCP25 is $550, and for TCP50 is $1100.
Make sure to trade only on the approved days. Trading outside the approved days will not be counted.
Follow the progression ladder thoroughly.
Be consistent with the program.
Avoid hitting the minimum loss limit for the entire balance. The account loss limit for TCP25 is $1500, and TCP50 is $2000.
Try to hit the profit goal within 15 days to secure the account and get funded.
Example of scaling plan Earn2Trade
John is a new trader who wants to advance his trading career and join a proprietary trading firm. He joins the Scaling Plan Earn2Trade and starts with the basic package by paying $90. After passing the qualifying evaluation and paying the subscription fee, John receives a capital allocation of $25,000 and begins trading according to the program's rules and risk management guidelines.
In the first month of trading, John experiences losses and reaches his daily loss limit a few times. However, he recovered and finished the month with a profit of $1,500, which is his goal. He can withdraw 20% of the profit, or $300, while the remaining profit is split 80/20 with the firm.
In the second month of trading, John feels more comfortable and develops a better trading strategy. He manages to earn a profit of $3,500. He also adheres to the program's risk management guidelines and avoids exceeding his daily loss limit. Following his profit, he keeps on moving up the progression ladder. After hitting the maximum amount, he gets a custom offer from Earn2Trade. He keeps on making the 20% amount that he can with funding.
Can I make money in a prop firm?FAQs
What are the Earn2Trade scaling plan packages?
There are two packages for Earn2Trade Scaling Plan. These include the $25000 and $50000 packages. They are known as TCP25 and TCP50, respectively.
Will I get a free reset for the Earn2Trade scaling plan?
Yes. However, the only condition for getting a free reset is that you will have to rebill the entire plan.
What is the number of trading days for the scaling plan?
Every trader gets 15 days to secure the Scaling Plan benefits. They must ensure trade for the 15 days by adhering to all the rules to get funded.
What can I trade in for a scaling plan?
For the Earn2Trade Scaling Plan, you can trade in Indexes, metals and stocks. It does have a minimum spread of $0.88.
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.