Earn2Trade was founded by Ryan Masten and David A. Lojko in 2016; it is a proprietary trading firm based in Sheridan, Wyoming, USA.

Earn2Trade’s legitimacy is verified by more than 2,000 day traders around the world in Trustpilot. Earn2Trade has a comprehensive education, fast and transparent support, and offers the ability to trade in Live and LiveSim accounts.

Earn2Trade offers a simple payout system, a free Journalytix license, and a trading course named ‘The Beginner Crash Course.’ However, there is no free trial available, and traders who break the rules are immediately disqualified.

Earn2Trade offers two funded trading program options with different prices; The Trader Career PathĀ® and The Gauntlet Miniā„¢. The Trader Career Path has two evaluation account sizes with a Scaling Plan, and The Gauntlet Miniā„¢ offers four evaluation account sizes. Earn2Trade periodically offers discounts and coupon codes for its traders.

Day traders can get an Earn2Trade funded account by buying an evaluation, login to Rithmic, and then choosing the platform that they want to trade such as NinjaTrader or Finamark. when traders successfully pass the evaluation, they will get a funded account.

Earn2Trade has 7 rules during the evaluation phase, including the End-Of-Day drawdown, the minimum trading days, the daily loss limit, the Progression Ladder, and a 30% consistency rule. Traders must also trade certain instruments during set trading hours.

In this article, we comprehensively review the Earn2Trade prop firm and we offer essential information to help you begin an evaluation with Earn2Trade.

what is Earn2Trade?

Earn2Trade is a proprietary trading firm founded by Ryan Masten and David Lojko in 2016 in Sheridan, Wyoming. It helps good futures traders get their own funded accounts. They have to pass a tough test first. The firm teaches traders with courses like the Beginner Crash Course. Traders in the test must make money and not lose too much. If they do well, they get to trade with Earn2Trade’s money and keep some of the profits. Earn2Trade gives traders tools and advice to get better.

who are Earn2Trade’s founders?

The founders of Earn2Trade are Ryan Masten and David Lojko. They established the company together in 2016. Ryan Masten departed from the company in July 2020, and since April 2019, David Lojko has been managing Earn2Trade. David Lojko has a background in business administration and management, with a degree from Johnson & Wales University, and is experienced in futures and options trading.

CEO of Earn2Trade Osvaldo Guimaraes

In January 2023, Osvaldo Guimaraes became the CEO of Earn2Trade. He started working there as a Customer Service Agent. Later, he worked as a Translator, SEO Specialist, and Marketing Manager. As CEO, he works on making the company more known online. He has helped with important projects like ‘The Trader Career Path’.

The team also includes Christopher Gray, who leads education, and Csaba Francis Nahoczky, who manages educational content. Orianna Foucault is in charge of support and talking to the community.

What makes Earn2Trade Legit?

Earn2Trade is seen as a legitimate platform because it has clear rules, offers real trading accounts, and focuses on educating its traders. The company is known for its good customer service and for treating its traders well, which helps build trust. It provides tools and programs that are suitable for different kinds of traders. People talk positively about Earn2Trade, It has a high rating of 4.7 out of 5 from more than 2,000 reviews. It gives traders a fair share of the profits they make. These points all add up to make Earn2Trade a trustworthy choice for traders.

Some users claim Earn2Trade is a scam, citing technical issues, unfair evaluation rules, and poor customer service in online reviews. However, such claims require careful scrutiny to determine their validity.

Does Earn2Trade send payouts to its traders?

Yes, Earn2Trade pays its traders. Withdrawals are processed every Tuesday. To receive a payout, traders need to request it by the previous Friday at 2 pm. The payment options are Bank Wire and PayPal withdrawal. The smallest amount traders can withdraw is $100, and for withdrawals above $500, there’s no additional $10 fee from Earn2Trade. However, banks or crypto exchanges might have their own fees.

Does Earn2Trade have good User Reviews and Testimonials?

The user reviews and testimonials for Earn2Trade are overwhelmingly positive. On Trustpilot, Earn2Trade has a rating of 4.7 out of 5 stars, based on over 2,000 reviews. 86% of these reviews are 5-star ratings, 6% are 4 stars, and only 5% of reviews claim that Earn2Trade is a scam.

Does Earn2Trade have good Customer Support?

Earn2Trade generally offers good customer support, available 24/7 through various channels like email (support@earn2trade.com), social media, and live chat options. While it receives positive feedback, there have been instances of delayed responses, indicating room for improvement in speed. Despite the lack of direct phone support, their team usually resolves queries within 24 hours.

what are Earn2Trade’s advantages?

Earn2Trade has 17 advantages. Here is a list of Earn2Trade’s advantages:

  • Robust Education: Offers a wide range of comprehensive lessons, quizzes, and webinars.
  • Generous Profit Sharing: Traders keep 80% of profits after passing evaluations.
  • Flexible Withdrawals: Withdrawals can be made on the first day.
  • Efficient Trading Days Requirement: Only requires 15 trading days for evaluation.
  • Streamlined Evaluation Process: Just one step needed for evaluation.
  • Dynamic Funding Scalability: The Trader Career Path allows for scalable funding.
  • Flexible News Trading: Permits trading during news events.
  • Premium NinjaTrader Access: Provides a free NinjaTrader license.
  • Advanced Finamark Platform: Access to Finamark Systems for enhanced trading.
  • Innovative Journalytix Tool: Automated analytics and journaling tool included.
  • Clear Progression Path: Well-defined goals and advancement paths.
  • Comprehensive Level 2 Data: Essential for informed trading decisions.
  • No Monthly Fee for Funded Traders: A significant financial advantage.
  • Optimized for Futures Trading: Specifically tailored for futures traders.
  • Excellent Industry Reputation: Renowned for its reliability and effectiveness.
  • Rapid Funding Options: Quick access to funding after evaluation.
  • Cutting-Edge Technology: Employs technology to empower traders.

what are Earn2Trade’s disadvantages?

Earn2Trade has 11 disadvantages. Here is a list of Earn2Trade’s disadvantages:

  • Restrictive Consistency Rule: Traders face limitations on profit consistency, hindering large gains.
  • Harsh Rule Enforcement: Rule violations result in immediate account closure, offering no leniency.
  • Lacking Free Trial: Absence of a trial period makes it hard for newcomers to acclimate.
  • Limited Gauntlet Miniā„¢ Features: The program doesn’t offer a reset-at-rebill option, unlike its alternatives.
  • Unregulated Environment: The trading funding sector, including Earn2Trade, lacks regulation, raising concerns about exaggerated claims.
  • High Risk of Financial Loss: Significant chances of losing money, particularly in the testing phase.
  • Additional Data Fees: Post-funding, traders are burdened with extra data fees.
  • Burdening Monthly Costs: The Gauntlet Mini program comes with substantial monthly fees.
  • Capped Funding Potential: Compared to rivals, Earn2Trade offers a lower maximum in funded accounts.
  • Stringent TCP Demands: The Trader Career Path imposes rigid trading rules and goals.
  • Constraining Evaluation Rule: The evaluation process limits profit potential per day, enforcing excessive consistency.

What are Earn2Trade’s pricings?

Earn2Trade pricing varies from $150 to $550 depending on the chosen option and account size. The table below lists the fees for each account size:

OptionAccount sizePrice
Gauntlet Miniā„¢$50K $170
Gauntlet Miniā„¢$100K$315
Gauntlet Miniā„¢$150K $350
Gauntlet Miniā„¢$200K$550
Trader Career PathĀ®$25K scalling to $200K$150
Trader Career PathĀ®$50K scalling to $400K$190

Does Earn2Trade offer price discounts?

Yes, Earn2Trade offers discounts on their prices, ranging from 40% to 80%, including a 40% sale option. To access the latest discounts, traders should use this Earn2Trade discount link; When the link is used, the most recent discount coupon code available will be applied automatically. The discount link is dynamic, as it automatically reflects the most recent discount available upon use. Earn2Trade applies the discount instantly upon purchasing the evaluation.

Does Earn2Trade allow multiple accounts?

Earn2Trade lets traders have up to three accounts with Helios, their partner firm. Traders can only use one LiveSimĀ® account at a time but can have several Live Accounts. Keep in mind, having multiple accounts might need extra approval time, and traders can’t copy trades between these accounts.

what is Earn2Trade Gauntlet Miniā„¢?

The Gauntlet Miniā„¢ by Earn2Trade is a well-known challenge that offers participants the opportunity to qualify for a live futures trading account with Earn2Trade’s proprietary trading firm partners. The challenge varies in account sizes, ranging from $50,000 to $200,000, each with different numbers of allowed contracts and corresponding prices. Successfully passing the Gauntlet Miniā„¢ demonstrates a trader’s proficiency and discipline in futures trading, paving the way for a career with a live trading account through Earn2Trade’s partners.

what is Earn2Trade Trader Career PathĀ®?

The Trader Career Path by Earn2Trade is a futures trading evaluation program, similar to the Gauntlet Miniā„¢, but with notable features. It offers a scaling funding offer, allowing traders to upgrade their funded account to higher amounts, with increased contract limits and more lenient drawdown and daily loss rules. Additionally, it includes a unique benefit of a free reset after every rebill, which subscribers can use immediately or save for later. The program comes in two versions: TCP25, starting with a $25,000 account that can scale up to $200,000, and TCP50, starting with a $50,000 account with the potential to upgrade to a $400,000 account after funding.

How does Earn2Trade work?

Earn2Trade has a clear step-by-step process for users. It starts when a user buys either the Trader Career PathĀ® or Gauntlet Miniā„¢. First, the user confirms their email. Next, they go to Earn2Trade’s online dashboard to choose their data services and trading markets. They get an email with data feed details, which they use to connect to their chosen trading software. Traders get an evaluation account which is a simulator account for testing. If they do well in the test, Earn2Trade checks if they qualify for funding from a trading firm. Successful users get a funded account from this firm, which lets them trade professionally, following certain rules.

What are Earn2Trade Rules?

There are 7 Earn2Trade rules and restrictions for their trading challenges, including The Gauntlet Miniā„¢ and Trader Career PathĀ®, are as follows:

  1. The Drawdown:
    • End-of-Day Drawdown: Uses closed positions for minimum balance calculation.
    • Trailing Drawdown: Includes open and closed positions in live accounts.
    • Fixed Drawdown: Sets a constant minimum balance for certain funded accounts.
  2. The daily loss limit: Daily loss includes open and closed trades, calculated from 5:00 pm to 5:00 pm CT.
  3. Minimum Trading Days: Candidates must trade a minimum of 15 trading days.
  4. The trading hours: Begin trading when the exchange opens, usually 5 pm CT. Close all trades by 3:50 pm CT daily.
  5. The consistency rule: No trading day should contribute more than 30% to total PnL during the evaluation.
  6. The Progression Ladder: Limits contract numbers based on account size and profit. Exceeding limits results in examination failure.
  7. Allowed Instruments: Participants can trade all CME (CME, CBOT, NYMEX, COMEX) Futures assets, including Micros.

Earn2Trade implements trading rules to ensure disciplined trading, risk management, and consistency, crucial for success in professional trading.

One main trading objective is to follow: reaching the profit goal.

The table below shows the Drawdown value, the daily loss limit, and the contract size of every account size:

OptionAccount sizeDaily Loss LimitDrawdownContract Size
Gauntlet Miniā„¢$50K $1100$20006 Contracts
Gauntlet Miniā„¢$100K$2200$350012 Contracts
Gauntlet Miniā„¢$150K $3300$450015 Contracts
Gauntlet Miniā„¢$200K$4400$600016 Contracts
Trader Career PathĀ®$50K scaling to $400K$550$15003 Contracts
Trader Career PathĀ®$50K scaling to $400K$1100$20006 Contracts

How does Earn2Trade’s Drawdown work?

In Earn2Trade, the drawdown is a rule that sets the minimum balance required in a trading account. It works differently depending on the trading program and account type. Here are the simplified explanations:

  • End of Day Drawdown (EOD): This is used in TCP25, TCP50, and LiveSimā“‡ accounts. It calculates the minimum balance at the end of each trading day, using only the closed positions. If the account makes a profit, the minimum balance increases. For example, if an account’s balance increases from $100,000 to $102,000, the minimum balance will rise from $96,500 to $98,500.
  • Trailing Drawdown: This is for live accounts. It uses both open and closed positions during the trading day. If the account earns a profit, the minimum balance increases by the same amount. For example, if an account gains $100, the trailing drawdown also increases by $100.
  • Fixed Drawdown: This sets a constant minimum balance level for specific funded accounts ($200,000 and $400,000). The fixed minimum balances are $194,000 and $380,000, respectively.

What are Earn2Trade’s Trading Hours?

At Earn2Trade, for The Gauntlet Miniā„¢ and Trader Career PathĀ® programs, trading hours are set with specific rules. Generally, you can begin trading at 5pm Central Time (CT), but this start time might change based on the type of asset you’re trading or if it’s a holiday. All trades need to be closed by 3:50pm CT and can’t be reopened until 5pm CT. For specific assets like GF/HE/LE, you must close your trades by 1:05pm CT, but you can start trading again after 5pm CT. For other assets, namely XC/XK/ZC/ZL/ZM/ZS/ZW, you have to close your trades during two periods: between 7:45am-8:30am CT and from 1:20pm-5pm CT. Remember, trading isn’t allowed on public holidays or when the exchanges are closed. Following these trading hours is important to stay in line with Earn2Trade’s guidelines.

What are Earn2Trade’s Instruments?

At Earn2Trade, you can trade futures assets from major exchanges like the Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), and Commodity Exchange (COMEX), including Micro futures. However, there are some exceptions: Forex trading is not allowed in the Trader Career PathĀ® or Gauntlet Miniā„¢ programs. Also, as of December 5th, 2019, Bitcoin futures are not permitted due to high margin requirements, and trading Ether Futures is disallowed because of their extreme volatility.

Earn2Trade uses which trading platforms?

Earn2Trade uses the 19 trading platforms listed below:

  1. NinjaTraderĀ®
  2. Finamark
  3. R | Trader & R | Trader Pro
  4. Overcharts
  5. Inside Edge Trader
  6. Investor RT
  7. Motive Wave
  8. MultiCharts
  9. Bookmap
  10. Photon
  11. QScalp
  12. QSI- Quick Screen Trading
  13. ScalpTool
  14. Trade Navigator
  15. Volfix.net
  16. Jigsaw Trading
  17. ATAS Order Flow Trading
  18. Sierra Chart
  19. Quantower

How To Set Up Rithmic RTrader for Earn2Trade?

To set up Rithmic (RTrader) for Earn2Trade’s evaluation programs, follow these 7 steps:

  1. Verify Email: Check for a verification email from Earn2Trade and verify your email address.
  2. Dashboard Setup: Log into the Earn2Trade dashboard and click on ā€œAccount Setupā€.
  3. Data Feed Provider: Choose your data feed provider in the dashboard.
  4. Select Exchanges and Commission: Pick the exchanges you’ll trade on and set your commission plan.
  5. Get Rithmic Credentials: Wait for an email with ā€œRithmic Data Feed Credentialsā€ from Earn2Trade.
  6. Accept Exchange Agreements: Agree to Rithmic exchange agreements, selecting ‘non-professional’ to avoid extra fees.
  7. Login to Trading Platform: Use the provided Rithmic credentials to log into your trading platform.

Recommended platforms include NinjaTraderĀ® (free during evaluation) and Finamark. R|Trader Pro is advised as a backup platform. Use Journalytix in the Earn2Trade dashboard to track your progress.

How To Set up NinjaTrader with Rithmic for Earn2Trade?

To set up NinjaTrader with Rithmic for Earn2Trade, follow these 4 steps:

  1. Log In or Create a NinjaTrader Account:
  2. Migrate License Key:
    • Log into your NinjaTrader Dashboard.
    • Go to Settings > Plans.
    • Choose ‘Import a License Key’.
    • Find the license key in Earn2Tradeā€™s dashboard under the NinjaTrader tab.
    • Paste the key on NinjaTraderā€™s site and click ‘Import’.
  3. Enable Multi-Provider Mode:
    • Open NinjaTrader 8.1.
    • In the Control Center, go to Tools > Options.
    • Enable Multi-provider mode and click OK.
  4. Connect Earn2Trade Account:
    • Start NinjaTraderĀ® 8.1 and log in.
    • On the launch screen below ‘Simulation’, press the launch button.
    • In Control Center, go to Connections > Configure (ensure Multi-Provider Mode is enabled).
    • Select ‘Rithmic for NinjaTrader Brokerage’ and press ‘Add’.
    • Enter your Rithmic Username and Password (found in your inbox).
    • Select ‘Rithmic Paper Trading’ as the system and the closest location.
    • Press OK.
    • Click ‘Connect’ and select your connection name. Once the green light appears, you can select your account from the dropdown menus and enter trades.

Remember, Earn2Trade does not provide platform-related assistance or technical support for NinjaTrader.

Does Earn2Trade allow Trade Copier?

No, Earn2Trade doesn’t allows the use of Trade Copiers.