Overview:
Earn2Trade is a well-known name in the futures trading education and proprietary trading firm space. They offer various evaluation programs like the Trader Career Path® and Gauntlet Mini™, designed to test traders’ skills before providing them with a funded trading account through their partners. They also provide extensive educational resources. They have been in business for over 8 years (implying a start around 2016-2017).
Key Points:
- Account Sizes (Virtual/Evaluation): Trader Career Path® ($25k starting, up to $400k scaling); Gauntlet Mini™ ($25k to $200k).
- Year Started: Approximately 2016-2017 (based on “8+ Years In the Business” statement).
- Minimum Evaluation Days: Trader Career Path®: 10 days (for subscriptions after April 1, 2024, else 15); Gauntlet Mini™: 10 days.
- Maximum Accounts: Up to three multiple accounts with Helios (prop firm partner), one LiveSim active at a time for evaluation; multiple Live Accounts possible post-evaluation.
- Restricted Countries: Includes OFAC-sanctioned countries and several others based on their partners’ restrictions (e.g., Belarus, Cuba, Iran, North Korea, Russia, Sudan, Syria, specific regions of Ukraine).
- Straight to Funded: No, evaluation programs are the path to funding.
- Swing Trading: Generally not allowed during evaluations (e.g., Trader Career Path® rule: “All positions and working orders must be closed by 3:50pm CT until 5pm CT”). This policy likely extends to initial funded accounts (LiveSim), but explicit rules for Live accounts regarding swing trading would need direct confirmation for longer-term holding.
- Trading Platforms: NinjaTrader (free license during eval), Finamark (free), RTrader, Overcharts, Quantower, TradingView, ATAS, Bookmap, and many others.
- Profit Split: 80/20 (80% to the trader) for both Trader Career Path® and Gauntlet Mini™ funded accounts.
Product Table (Example Evaluation Programs):
| Program | Account Size (Virtual) | Profit Target | Max Drawdown (Type) | Daily Loss Limit | Min Eval Days | Fee (Type – Example) |
|---|---|---|---|---|---|---|
| Trader Career Path® (TCP) | $25,000 (Start) | $1,750 | $1,500 (EOD Trailing) | $550 | 10 | ~$150 (Monthly) |
| (Scales up to $400k) | (Scales) | (Scales) | (Scales) | (N/A for scaling) | (Monthly) | |
| Gauntlet Mini™ | $50,000 | $3,000 | $2,000 (Trailing Intraday) | $1,100 | 10 | ~$170 (One-Time) |
| $100,000 | $6,000 | $3,500 (Trailing Intraday) | $2,200 | 10 | ~$300 (One-Time) | |
| $150,000 | $9,000 | $4,500 (Trailing Intraday) | $3,300 | 10 | ~$350 (One-Time) |
Note: Fees and parameters are examples and subject to change. TCP scales with trader performance. Gauntlet Mini fees are typically one-time for the challenge.
Pros:
- Established firm with a strong focus on trader education.
- Offers a unique scaling plan with the Trader Career Path®.
- Supports a very wide array of trading platforms, with free licenses for some during evaluation.
- Clear 80/20 profit split for funded traders.
- Provides different types of evaluation programs (subscription-based scaling and one-time fee challenges).
Cons:
- Swing trading is generally restricted, especially during evaluation and initial funding stages.
- The Trailing Intraday Drawdown on Gauntlet Mini™ can be aggressive.
- Scaling in the Trader Career Path® has specific rules and benchmarks that must be met.