WarriorTrader
An innovative path toward a funded account for an aspiring trader is to choose Earn2Trade. This online learning platform offers a system of courses that helps identify reliable, competent traders. In exchange for excelling on their course content, successful applicants get access to a funded trading account from a proprietary trading partner of Earn2Trade’s. Let’s take a look at some of the interesting details.
What is an Earn2Trade Funded Account
Earn2Trade partners with a trading firm, to whom they send successful graduates of their training program. The partner-funded account allows you to access funds, without supplying any of your own, to make trades, and hopefully turn a profit, which in turn is split between you and the partner trading firm. You become what is known as a Funded Trader. This is great for people who have demonstrated their competency through the Earn2Trade courses, but who don’t necessarily have their own capital to fund trades. Do well with Earn2Trade’s program, and they set you up with the funded account. It’s that simple.
How an Earn2Trade Funded Account Works
Once you have demonstrated your qualifications through Earn2Trade’s courses, which are detailed below, you get access to a real trading account. You will now be trading on behalf of that company, which, as mentioned, is a partner firm of Earn2Trade. As a funded trader, you get to use the partner firm’s corporate license, etc., eliminating many of the paperwork hassles associated with the regulatory requirements of the trading world. The arrangement is a definite win-win-win for Earn2Trade, the newly qualified funded trader, and the partner firm.
The main benefit of going this route is that as a beginning trader, you have access to funds you normally wouldn’t. They also allow you to start small. If you’ve demonstrated your qualifications through Earn2Trade, their partner firm will be more than glad to supply the funds, as they get part of the profits from your successful trades. The benefit to the partner firm is, obviously, their share of the profits, plus the fact that they are supplied with qualified traders, as opposed to having to seek them out on their own.
Earn2Trade Trading Courses
Screenshot from https://www.earn2trade.com/gauntlet-mini
There are a number of courses and programs offered by Earn2Trade, geared toward the skill and experience of the applicant. There is no question they have gone out of their way to make their offering comprehensive. Here’s a look at them individually.
Beginner Crash Course
This is the entry level education course. When you sign up, you receive access to all their resources covering the fundamentals of trading. This includes dozens of 6 to 10 minute video tutorials, webinars, quizzes, and assignments. This course is designed to provide the basics of trading, and also includes information on brokerages and exchanges work. No previous knowledge in trading is required. It is priced at $449.
Bootcamp
The Bootcamp is even more comprehensive. Priced at $2,499, it will cover, over the first 60 days, courses, videos and webinars, with the last 15 days dedicated to practicing on a trade simulator. Personal mentors are provided as well, to assist participants in preparing for the next challenge, in a further 60-day period, known as the Gauntlet.
The Gauntlet
Here is where you get to test your trading chops, implementing all that you have learned in the Bootcamp portion. It costs an additional $349; you will be evaluated on your management of a $25,000 account on a futures market, over a 60-day period. If you meet the benchmarks – a 10% profit and no more than a 10% drawdown, you have passed the Gauntlet. The payoff: access to a funded trading account.
Gauntlet Mini
Introduced in 2019, the Gauntlet Mini is a similar evaluation to the 60-day Gauntlet, only here the time period for you to demonstrate your trading skill is 15 days. The objective is the same – you are shooting for access to a funded account. There are different levels of pricing, depending on what type of account you’re after, from $150 to $350 per month. Meet the benchmarks after 15 days, and you have earned your chosen funded account.
Earn2Trade Funded Account Review
Earn2Trade’s mission is to seek out, much like a headhunter might, the top tier of qualified traders. Through their course offering, they help identify those that have the skillset and competence to become solid traders. They take the stuff seriously, providing all the resources one could possibly want, in terms of tutorials, videos, webinars and mentorship. Their goal is to turn out qualified trainers, which in turn builds their reputation as a go-to resource. Their partner firm gets the benefit of qualified trading personnel without having to source them out on their own.
Through the info-heavy Beginner Crash Course, the intensive and practical hands-on of the Bootcamp, and the two versions of the Gauntlet, finding a way to a funded account through Earn2Trade is there for the taking, if you have the right stuff. They are definitely a pathway to consider if you are interested in becoming a funded trader.
