October 2024 Update: I’ve decided to no longer work with several firms as there are industry regulations coming and I don’t believe several firms will meet the criteria, including this one. I am leaving this article up but all links to to companies I no longer represent will forward back to my main Deals and Promos Page.
You can find more information here: Regulations Are Coming – October 2024 and also find my list of recommended companies that will be compliant.
Earn2Trade is one of my top choices for funded futures trader programs. Earn2Trade is one of the original online funded futures trading programs with funded traders worldwide. Below are the top 10 questions I get asked daily about Earn2Trade.
You can also read my review of Earn2Trade here.
Also, be sure to check my Exclusive Promos page – I always have a discount on Earn2Trade just for you!
Is Earn2Trade Legit? Do They Pay Their Traders?
Yes absolutely they are both legitimate and pay their traders regularly. I would not endorse them if they did not. I have talked to the management team at Earn2Trade extensively and not only do they pay traders, they are very committed to being one of the premier funded futures trader programs.
As well there are plenty of funded Earn2Trade traders who participate on their trader discord and will also confirm they receive payouts with zero issues.
What Is The Profit Split With Earn2Trade?
Earn2Trade offers a refreshingly simple payout structure. The split is 80/20 meaning 80% goes to the trader, 20% to their funding partner from day 1 once you are funded. No minimum balance before withdrawing, no minimum days traded, etc. Just a simple 80/20 split.
Is There A Daily Draw Down With Earn2Trade?
Earn2Trade has a daily draw down during the evaluation phase. The amount varies by account size. Once you are funded, there is an initial daily loss limit, but once you make enough to be up and above it from your starting point you can request the daily loss limit is removed. Learn more on Earn2Trade Help Section.
What Are The Rules of Earn2Trade to Pass?
The rules to pass are honestly pretty straight forward.
- Meet the profit goal for your chosen account size
- Do not violate any end of day draw down or the daily loss limit
- Do not trade more contracts than allowed per their Progression Ladder
- Trade at least 15 days (if you reach the goal early, you still have to do at least 1 trade each day)
- Follow the consistency rule – no one day can be more than 30% of your total profit
That is essentially it. Sounds simple, but don’t take any evaluation lightly. You still have to manage your own risk to not violate the draw down. If you stick to your trading plan, passing isn’t that difficult. I’ve passed evaluations with pretty much every top tier firm myself.
What Are The Commissions For Trading Futures With Earn2Trade?
The commissions vary by product, if you visit the FAQs section of their site there is a list with the commissions. Worth noting the default commissions is $2.02 per side per contract, but if you ask for Live Commissions, you get the discounted commission rates you would get once funded. You can ask support for these.
What Software Can I Use For Earn2Trade Evaluation?
Rithmic will be the data feed for Earn2Trade. Rithmic does have their own software, RTrader Pro which is free. As well Earn2Trade provides a free license of NinjaTrader to use as well.
On top of these free options, you can use any software package that is capable of connecting to Rithmic. There are several out there. For example I use Jigsaw Daytradr myself as an in depth order flow scalping tool.
Worth noting also is Earn2Trade has a free web based software called Finamark if you would prefer to trade from a browser.
How Do I Withdraw Money From Earn2Trade?
Earn2Trade withdrawals are easy to do. They have a full FAQs about it, but in general the process is:
- Withdrawals are processed weekly and sent out on Tuesdays
- You can submit your request at any time. Requests submitted during the week are the ones sent out the following Tuesday
- Since Earn2Trade has funding partners, you will be contacting their funding partner via email to submit your request
What Happens If A Trader Made a Million Dollars (insert any big number here), Wouldn’t They Bankrupt The Company?
No. Please think about this for just a second.
First, you have zero incentive to keep trading with a prop firm when you are making that much money. Remember the 80/20 split? If you are capable of making that kind of money you would not want to give up 20%. You would take your profits far sooner and open a brokerage account. As well, I hate to tell you but chances are you aren’t a million dollar trader.
Second, with Earn2Trade and their funding partners you are in an actual live account. Any money you are making is actually from the market.
I think this question comes from people with delusions of grandeur more than out of a realistic situation.
What Products Can I Trade With Earn2Trade?
Basically any CME Group listed futures product. Be sure to check their FAQs where they do list them out in detail. In general though, any futures CME Group product. You can not trade FX, stocks or options with Earn2Trade.
What Are The Monthly Fees After Passing with Earn2Trade?
The monthly fee once you pass can vary, but is only for data if you need it. You do have to pay for data per market, but if you have your own data connection already you can request this is waived and essentially your fees would be $0 at that point.
If I Break A Rule Can I Reset My Account at Earn2Trade?
Yes if you break a rule during the evaluation phase you can reset your account for $100. You can reset as often as you need to. Note that sometimes it might be cheaper to cancel your account and sign up for a new one than it is to reset. That is usually if you are in one of the smaller accounts and there is a promo such as 50% off.
Once you are funded in a Funded Account, you can not reset your account. If you break a rule once funded you would have to go through the evaluation again.
Conclusion
Hopefully the above questions and answers cover most of the questions you may have about Earn2Trade. Be sure to check out my Exclusive Deals Page for the latest Earn2Trade promo!
Be Notified Of New Trader Evaluation Promotions
Submit your email if you want to be notified of new trader evaluation promotions. I never spam nor sell anything. Usually 2-3 emails a month are sent with the latest deals.
Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight.
In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
You can read more here: Risk Disclosure
Affiliate Disclosure:
The external links on my site and in my video descriptions to trader evaluation companies and software companies are primarily affiliate links. I earn a commission from these companies on any sale made from people visiting these links. That said, I only recommend companies and software I personally use and actually do recommend. Believe me, I turn down a lot of companies who approach me. You can read my full Affiliate Disclosure here.
Additional Disclosure:
The content provided is for informational purposes only. I do my best to keep the content current and accurate by updating it frequently. Sometimes the actual data, rules, requirements and other can differ from what’s stated on our website. CanadianFuturesTrader.ca is an independent website. You should always consult the rules, faqs, knowledge base and support of any of the websites and companies we link to or talk about on our site. The information on their site will always be what ultimately dictates the current rules of their program, software or other. While we are independent, we may be compensated for advertisements, sponsored products, or when you click on a link on our website. The contributors and authors are not registered or certified financial advisors. You should consult a financial professional before making any financial decisions.