Sometimes, the trading business may be really complicated. The same applies to trading education at the beginning of the career of every trader. You will find countless numbers of trading courses, but only a few companies act like a head-hunter who is searching for the very best candidates in the trading business.
Earn2Trade belongs to those few, and they offer a futures-funded trader program called The Trader Career Path Gauntlet. The people who are taking advantage of this program have the chance to trade by using a funded LiveSim trading account from Helios Trading Partners.
Earn2Trade has felt that traders were missing a sense of progression after they have completed your Gauntlet Mini™ evaluation. Their latest product was created to meet that need and offer a clear pathway to a full-time trading career. The result is a funding evaluation with a scaling plan, the Trader Career Path. Which also includes a FREE reset with each rebill every 30 days. This is how it works:
Evaluation
Currently, they offer two versions of The Trader Career Path: the TCP25 and the TCP50, named after their respective starting account sizes. These two versions share the following key features:
How to Get Funded
Reach the three goals without breaking the rules to receive your funding offer. There is no time limit. You can continue the test for as long as you stay subscribed.
Changes After The Test
Traders who pass the test will receive a funded trading account from one of their partner proprietary trading firms. The trader can keep 80% of the profit they make on that account, while the firm providing the capital takes on the risk in return for 20% of the profit.
Earn2Trade’s partner proprietary trading firms are Helios Trader Group (US) and Appius Trading Limited (UK). These accounts are with the following brokerages:
Helios Trader Group
Edge Clear (introducing broker) and Phillip Capital (FCM)
Appius Trading Limited
Advantage Futures (FCM)
The prop firms reserve the right to select which trader they work with, but Earn2Trade guarantees that one of them will take you on-board.
Once you’ve passed the test stage of the Trader Career Path, you’ll need to make your first decision. You will need to choose between a LiveSim account or a Live account.
One thing that makes the Trader Career Path stand out as a funding program is that it creates a pathway for users to trade live on the futures market with a registered broker.
Not limiting funded trading accounts to virtual-only creates an incentive structure for the funding firm that makes them more invested in seeing the funded trader do well. This benefits all parties involved because it avoids any potential conflicts of interest.
The trader can keep 80% of the profit they make on their funded trading account. The proprietary trading firm takes on the risk for a share of the profit. Funded traders can withdraw their profits under these conditions:
TCP25 SCALING PLAN
$25,000 EVALUATION WITH VIRTUAL CAPITAL¹
Subscription monthly price: $150 • Daily Loss Limit: $550 • Free Reset When Rebilled
Once you’ve passed the test stage of the Trader Career Path, you’ll need to make your first decision. You will need to choose between a LiveSim account or a Live account.
LIVESIM ACCOUNT or LIVE ACCOUNT
$25,000 LIVESIM ACCOUNT²
EOD Drawdown: $1,500
Daily Loss Limit: $550
Follow the progression ladder
After withdrawing $1,400 ($1,750 – 20%) UPGRADE TO A $50,000 LIVE ACCOUNT
$25,000 LIVE ACCOUNT
Trailing Drawdown: $1,500
Daily Loss Limit: $550
Follow the progression ladder
After withdrawing $1,400 ($1,750 – 20%) UPGRADE TO A $50,000 LIVE ACCOUNT
After withdrawing $2,400 ($3,000 – 20%) UPGRADE TO A $100,000 LIVE ACCOUNT
Trailing Drawdown: $3,500 • Daily Loss Limit: $2,200 • Follow the progression ladder
After withdrawing $4,800 ($6,000 – 20%) UPGRADE TO A $200,000 LIVE ACCOUNT
Fixed drawdown to $194,000 • Daily Loss Limit: $4,400 • Follow the progression ladder
After withdrawing $8,800 ($11,000 – 20%) you will receive a CUSTOM OFFER.
¹ A simulated paper trading account funded with virtual dollars. Progress is tracked like regular dollars, but there are no real contracts placed on the futures market.
² LiveSim is an optional step. After Stage 1, you can opt to start with a live account directly. Evaluation reset price is $100.
TCP50 SCALING PLAN
$50,000 EVALUATION WITH VIRTUAL CAPITAL¹
Subscription monthly price: $190 • Daily Loss Limit: $1,100 • Free Reset When Rebilled
Once you’ve passed the test stage of the Trader Career Path, you’ll need to make your first decision. You will need to choose between a LiveSim account or a Live account.
LIVESIM ACCOUNT or LIVE ACCOUNT
$50,000 LIVESIM ACCOUNT²
EOD Drawdown: $2,000
Daily Loss Limit: $1,100
Follow the progression ladder
After withdrawing $2,400 ($3,000 – 20%) UPGRADE TO A $50,000 LIVE ACCOUNT
$50,000 LIVE ACCOUNT
Trailing Drawdown: $2,000
Daily Loss Limit: $1,100
Follow the progression ladder
After withdrawing $2,400 ($3,000 – 20%) UPGRADE TO A $50,000 LIVE ACCOUNT
$100,000 LIVE ACCOUNT
Trailing Drawdown: $3,500
Daily Loss Limit: $2,200
Follow the progression ladder
After withdrawing $4,800 ($6,000 – 20%) UPGRADE TO A $200,000 LIVE ACCOUNT
$200,000 LIVE ACCOUNT
Fixed drawdown to $194,000
Daily Loss Limit: $4,400
Follow the progression ladder
After withdrawing $8,800 ($11,000 – 20%) UPGRADE TO A $400,000 LIVE ACCOUNT
$400,000 LIVE ACCOUNT
Fixed drawdown to $380,000
Daily Loss Limit: $8,800
Follow the progression ladder
After withdrawing $32,000 ($40,000 – 20%) you will receive a CUSTOM OFFER.
¹ A simulated paper trading account funded with virtual dollars. Progress is tracked like regular dollars, but there are no real contracts placed on the futures market.
² LiveSim is an optional step. After Stage 1, you can opt to start with a live account directly. Evaluation reset price is $100.
LiveSim Account
The LiveSim account is a virtual account at one of the prop firms Earn2Trade works with. You can withdraw profits from this account and from the trader’s perspective, it works nearly identically to a Live account.
Advantages of using a LiveSim account:
✓ Your first exchange is free if you certify as non-professional
✓ Fast setup time
✓ NinjaTrader® license from Earn2Trade
Traders generally pick LiveSim accounts to reduce some of the stress of Live trading, with the added benefit of being able to make money if they perform well.
Live Account
The Live accounts interact with the CME and send the orders you place to the exchanges of your choice. While setup time may be longer, you are trading a real futures account at a broker using the proprietary trading firm’s funds.
Minimum Balance
The Minimum Balance is the lowest amount of capital your account needs to have for you to keep it. The $400,000 Live account uses a fixed Minimum Balance of $380,000. The Minimum Balance for all other accounts is determined by their drawdown.
EOD Drawdown
The End of Day Drawdown calculates the Minimum Balance for your account by subtracting the drawdown amount from your highest end of day account balance.
The evaluation stage and the LiveSim accounts both use the EOD Drawdown.
Trailing Drawdown
The Trailing Drawdown calculates the Minimum Balance for your account in real-time by subtracting the drawdown amount from your highest account balance, including open and closed equities.
The $25,000, $50,000, and $100,000 Live accounts use the Trailing Drawdown.
Fixed Drawdown
Fixed drawdown references a static minimum account balance that the trader needs to maintain in order to avoid account failure. This minimum account balance does not change, trail up, or adjust. Your account balance cannot dip below the fixed drawdown on open or closed equity.
The $200,000 and $400,000 Live accounts use fixed drawdowns at $194,000 and $380,000, respectively.
Earn2Trade offers some of the best funded programs in the industry. The prop firm shines by providing traders with excellent additional features such as the Journalytix access and free access to their trader community. The new funded program called the Trader Career Path enables their customers to trade funded account sizes of up to $400,000 while receiving an 80% profit split payout. Each of the funded trading programs offered by Earn2Trade has its own benefits, and it is great to see that traders can choose between several funded programs that fits their needs and their trading styles. So, if you are a skilled trader with lots of experience or a beginner looking to learn how to trade, you don’t have to look much further, Earn2Trade could be the place to be. With its excellent industry reputation and educational resources, Earn2Trade sets out to ensure its traders become successful funded traders.
Please refer to the following pages of our website to read about similar other Prop Firms leading the industry such as: Traders With Edge Review
