Earn2Trade Challenge: fees, benefits of joining
Earn2Trade Website
The Earn2Trade Challenge has a one-time fee of $199 and offers traders the opportunity to demonstrate their trading skills and qualify for a funded trading account. Successful traders can access up to $500,000 in buying power, a competitive profit split, and access to professional trading education and resources.
Earn2Trade Challenge is a renowned, comprehensive trading educational program. Since it is a prop company, Earn2Trade gives traders an advantage to trade on the firm’s capital, aiming to generate significant profits from price movements in the market.
It helps all aspiring traders dig into the knowledge of financial markets and develop their fundamental and analytical trading skills through online coursework and mentorship.
Are you looking forward to joining the Earn2Trade Challenge? If yes, you need to know the details of the Earn2Trade challenge rules, Earn2Trade challenge fee and potential benefits of participating. Get a closer look at all these aspects in this blog about what the Earn2Trade challenge is to know more.
Best Prop Trading FirmsHow do you become a funded trader?
Earn2Trade, established in 2017, is a tale of opportunity in the world of futures trading. As a recruiter and educator, Earn2Trade bridges the gap for novice traders seeking success in the trading industry.
Earn2Trade offers three challenges: Trader Career Path, Mini Gauntlet, and Gauntlet - to provide the education, skills and experience necessary to succeed. Users who rise to these challenges can access a real funded trading account with Appius Trading or Helios Trading Partners and keep 80% of their trade profits.
| Earn2Trade | SurgeTrader | Fidelcrest | |
|---|---|---|---|
| Fees | For Trader Career Path $90/monthly subscription For Gauntlet Mini $136/monthly subscription For Gauntlet $429 subscription fee (one-time payment) |
For Starter $250 For Intermediate $400 For Seasoned $700 For Advanced $1,800 For Expert $3,500 For Master $6,500 |
For Micro Trader Normal €99 €249 €449 For Micro Trader Aggressive €149 €349 €549 For Pro Trader Normal €649 €999 €1799 €2899 For Pro Trader Aggressive €1599 €2899 |
| Account Currencies | US | No Data | USD |
Why join the Earn2Trade Challenge?
Is Earn2Trade a scam or legit? Is Earn2Trade safe?Suppose you're an aspiring or experienced trader looking for an opportunity or platform to put your skills to the test and get a taste of the real-life futures trading experience with others' money. Then the Earn2Trade Challenge is what you should look up for.
Apart from its already pre-funded trading accounts, the users will also have access to its educational series, indicators and much more. With Earn2Trade Challenge rules, a rigorous curriculum and a hands-on approach, this firm provides a unique and effective way to grow as a trader and achieve your financial goals.
What is a funded trading program?How to successfully complete the Earn2Trade Challenge?
Here are the details on how a trader can successfully complete the Earn2Trade Challenge:
Earn2Trade Website
Earn2Trade Website
For TCP and Gauntlet Mini:
There should be a minimum of 15 days of trading.
Your profit goal should be based on your account size, for example, $1,750 for a $25,000 TCP account.
Maintain consistency and balance in your approach by ensuring that no single trading day contributes to more than 30% of the overall profit & loss.
And last, keep your account balance above the minimum.
For Gauntlet:
Earn2Trade Website
Traders must complete a minimum of 30 days of trading and perform a minimum of one trade per week to achieve a 10% profit, with a maximum drawdown limit of 10%, till The Gauntlet period ends.
Stages of Earn2Trade Challenge
The stage for TCP starts with an evaluation test using a virtual funded account, and traders can withdraw profits easily if they progress through the Trader Career Path levels and reach specific profit goals, allowing for access to more trading capital. For example, if you reach the profit target of $2,400, you can upgrade your TCP account balance to $100,000.
For Gauntlet Mini, the process is identical to TCP. For example, if you reach the profit target of $1750 within the month, you can upgrade your virtual trading account to a real funded trading account from Earn2Trade's partnered prop firm.
Earn2Trade Challenge fees
The following is the detailed list of Earn2Trade challenge fees.
For Trader Career Path
$90/monthly subscription for a TCP $25,000.
$152/monthly subscription for a TCP $50,000.
For Gauntlet Mini
The following is the list of subscription fees charged for each account type:
$136/monthly subscription for $50,000.
$252/monthly subscription for $1,00,000.
$280/monthly subscription for $1,50,000.
$440/monthly subscription for $2,00,000.
An example of successful completion of the Earn2Trade Challenge
John joins the Earn2Trade Gauntlet Mini Challenge and begins trading with a $50,000 virtual funded account. During his journey of a one-month subscription, John consistently showed 30% profitable trading daily while keeping a well-defined trading plan and displaying effective risk management strategies in mind. As a result, John passed the evaluation test and completed the Earn2Trade Gauntlet Mini Challenge. In recognition of his achievement, John is now eligible for funding to trade with real capital provided by the prop trading partners like Appius or Helios Trading Partner and pursue further advancements in his trading career.
Can I make money in a prop firm?The Earn2Trade Challenge: Top 5 tips
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:
If you're looking for a fast connection, RTrader Pro is your solution. Made by Rithmic, it's the data feed you'll most likely use when taking your Gauntlet Mini.
It's essential to close your trades out while they are profitable and avoid getting too concerned about waiting for a massive trade.
Focus on assets that are available on the same exchanges. This will help you keep your extracurricular cost low during your trading career.
Keeping up-to-date with market news and events can help you make informed decisions and avoid pitfalls.
If you have any concerns regarding your futures trading, try Earn2Trade's chat or educational materials.
Difficulties with passing the Earn2Trade Challenge
The trader has to trade during the cash hours, with the close occurring from 3:10 pm to 5:00 pm Central Time (CT).
Overnight trading is avoided.
The trader must adhere to the progression ladder, which is unique for every account type.
The subscription of an Earn2Trade account is calculated daily, without exception. This means irrespective of whether a particular day is a holiday or weekend, it is still considered a day within the subscription period. For example, if a user initiates a contract on Saturday or Sunday when the market is closed, these days will still be included in the subscription calculation.
If the trader exceeds the daily loss limit in the live account, the trader must initiate a new evaluation and commence the Trader Career Path all over again.
FAQs
On what instruments can you trade during Earn2Trade Challenge?
Earn2Trade trades on Futures and Micro Futures instruments.
What is the cost of participating in the Earn2Trade Challenge?
The cost to participate in the Earn2Trade Challenge is a one-time fee of $199.
Who can participate in Earn2Trade Challenge?
Anyone interested in building a professional trading career or learning about the field can join Earn2Trade Challenge.
Is there a maximum number of attempts to pass the Earn2Trade Challenge?
No, there is no maximum number of attempts to pass the Earn2Trade Challenge, and traders can retake the evaluation as many times as needed to meet the requirements.
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.