Earn2Trade Review for 2024 | Career Path and Gauntlet Mini
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Last Updated: January 5, 2023
Earn2Trade Review
Cost:
$120 - $280
Discounts:
DECEMBER PROMO: 50% OFF
Instruments:
Futures
Multiple Paths to Funding:
- Single step evaluation
- Career Program Provides best value opportunity in futures trading
Days to Funding:
15
Package:
Ninjatrader, Finamark, Journalytix, Data
Highlights:
EOD drawdown, great reputation prop firm, educational bundle, career growth
Earn2Trade - a highly reputable company in futures trader funding space. They have completely revamped their futures funding program in 2021 and are introducing industry first Career Path program in 2022. Continuously improving conditions for the trader make them a top name in trader funding.
Traders from around the world are now welcome to participate in two types of futures trader programs:
Trader Career Path Program
Trader Career Path program is a great innovative approach to trader funding and we now rank it as top Career Program for futures traders.
Earn2Trade Career Path eliminates the problems with growing funded trader accounts by allowing traders to withdraw money and increase drawdown at the same time.
The first 2 steps alone are superior to competitor 50K evaluations, but traders get opportunity to grow all the way up to $200k account and beyond to custom offer with the partner prop firm.
For the month of June we now have a very special promotion:
Earn2Trade Promo for December Holidays
December promo is valid for ALL products for the LIFETIME.
The
discount will be 50% on all of Earn2Trade products.
Gauntlet Mini 200K Account Size Launch Discount
Earn2Trade released a new account size for Gauntlet Mini program. They made the 200K account size now available for public. This is huge! Traders can get funded for the $200,000 after passing ONE evaluation. This release comes with a lifetime discount of 40%.
Career Path Promotion
Special Offer for The Month of August
Discount: 20% OFF
We have partnered with Earn2Trade to bring you a 20% discount
OFFER IS VALID UNTIL August 31st
Now without the $25,000 step, traders begin with a 15Day $50,000 Evaluation. Evaluation value alone would be superior to competitors, but that is just the first step in the career ladder
Let's compare career path vs traditional evaluations:
- Withdrawals
- Popular Evaluations - ask you to keep a cushion before withdrawing, need to meet minimum day requirement, withdraw only during select dates
- Earn2Trade Career Path - withdraw whenever profit target is reached, even if it is a single trade
- After Withdrawal
- Popular Evaluations - trade what you have left after withdrawal. Wait till next withdrawal period. Meet minimum day requirement before being able to request withdrawal
- Earn2Trade Career Path - get more drawdown to work with
- Unlock Static Drawdown - rare static drawdown after reaching $200,000 account level with drawdown staying at $194,000 level. Static drawdown is by far the most lucrative in funded programs
- Custom Offers and Career Opportunities - static drawdown account is not the last step in the career path. Keep getting paid while advancing up Funded Trader career path.
Gauntlet Mini by Earn2Trade Top Evaluation Programs
Traditional Gauntlet Mini trader evaluation format is here to stay, traders of various experience levels can find a right program and be trading with partner prom firm in just 15 days. Follow the rules, reach profit target and get funded through these popular evaluation programs.
There is currently no discount code for traditional Earn2Trader Gauntlet Mini Evaluations, but if you follow exclusive "view packages" links below, at least 20% discount should be applied to all programs.
Best of the Gauntlet Mini trader exam selection:
Beginner Program
Best Beginner Gauntlet
Cost
$120
Profit Target
$1,750
Drawdown
Daily: $550
Total: $1,750
Type: EOD
Days to Funding
15 days
Maximum contracts
3
Top Value Program
Most Popular Gauntlet Mini
Cost:
$136
Profit Target
$3,000
Drawdown
Daily: $1,100
Total: $2,200
Type: EOD
Days to Funding
15 days
Maximum contracts
6
Pro Trader Evaluation
Biggest Account
Cost:
$280
Profit Target
$9,000
Drawdown
Daily: $3,300
Total: $4,500
Type: EOD
Days to Funding
15 days
Maximum contracts
15
Revamped Gauntlet Mini 15 day trader funding program just introduced end-of-day drawdown without increasing price for trading exam. Gauntlet Mini is now a top value trading exam from an established company run by professional NFA certified traders and educators.
Gauntlet MIni is perfect for brand new as well as very experienced traders. Gauntlet offers the best educational material, software, and trader funding opportunity bundle. Trader educational materials and structured evaluation account help you develop your trading style and discipline required to succeed in high leverage futures markets. Most importantly, upon completing the trading objective, the trader receives a real money account with a funding partner.
Gauntlet Funded Trader Program
Let's have a closer look at every aspect of the trading exam and successfully complete bundle offered by Earn2Trade.
There are five sizes of accounts of Virtual Capital available - $25000, $50000, $75000, $100000, or 150000. The virtual capital of the accounts is roughly proportional to the amount of money you would need to cover the maximum contract size margin in your online brokerage account.
Breakdown of Gauntlet Mini funded trader program
The virtual balance is roughly the amount you need in a real trading account to trade the maximum allowed contract size comfortably. Two key numbers are profit goal and Drawdown.
Gauntlet Drawdown Rules:
To help traders work on developing discipline and not take risks that can jeopardize their whole account on a single bad trader they have:
Daily Drawdown - the maximum amount of money trader can lose in a single trading day
EOD and Total Drawdown:
Amount of money that if lost, trading exam will no longer be eligible to receive funding and will have to reset the Gauntlet or start a new one to have a chance at funding.
EOD - End of Day Drawdown - Massive upgrade for the program. The Drawdown does not trail with the open P&L and only trails up at the end of the day. Live Drawdown is very common in trader funding programs and almost always a big disadvantage to the trader. Let's compare both drawdown scenarios:
| Event | Trailing drawdown scenario | EOD Drawdown scenario |
|---|---|---|
| Start of first day in 100,000 trading exam account | Max drawdown of 3500, account drawdown level sits at 96,500 | Max drawdown of 3500, account drawdown level sits at 96,500 |
| Trader places a trade that reaches $1500 in open position profit | Max drawdown tails up to 98,000 in the middle of the trading day | Max drawdown remains at 96,500 |
| Trade reverses course and is giving up some profit, trade is closed for $1000 profit | Max drawdown remains at 98,000 | Max Drawdown remains at 96,500 |
| Trading day is over and a trader has a $1000 profit. | Max drawdown remain at 98,000 | It is EOD (End of Day), so now is the time when the max allowed drawdown for Gauntlet is adjusted up by $1000 - total profit on the day. Gauntlet mini Max Drawdown is now $97,500 |
As you see from this example, being in an EOD program like Earn2Trade offers a massive advantage on the way to becoming a funded trader. Gauntlet trader saves $500 in Drawdown, despite both accounts making $1000 on the day. Non-EOD trading exam participant gets punished by having $500 taken off the maximum Drawdown.
It's even worse in the following scenario:
| Event | Trailing drawdown scenario | EOD Drawdown scenario |
|---|---|---|
| Start of first day in 100,000 trading exam account | Max drawdown of 3500, account drawdown level sits at 96,500 | Max drawdown of 3500, account drawdown level sits at 96,500 |
| Trader and it’s off to a hot start up $700 in open profit | Max drawdown tails up to 97,200 | Max drawdown remains at 96,500 |
| Break even stop is placed on open position in the profit. Market turns against aspiring funded trader and stops out at entry for break even trade. | Max drawdown remains at 97,200 | Max Drawdown remains at 96,500 |
| Trading day is over and a trader had a break even day for $0 in loss (we will not worry about trading commissions for this example) | Max drawdown closes the day at 97,200 | It is EOD (End of Day), so now is the time when the max allowed drawdown for Gauntlet is adjusted. Since there is no profit, the maximum drawdown does not trail up at all |
Trader lost no money on balance, yet the EOD Drawdown account has $700 more money than the aggressive trailing drawdown accounts. Therefore, unless there is a significant difference in pricing of the trader exam program, the account that only has an EOD Drawdown will be more favorable to the trader.
Gauntlet Profit Goals
In Gauntlet, there are two profit-related goals.
Profit goal: Account balance goal to receive live funding account with prop trading partner firm
Consistency: Maintaining trader consistency rule requires that no single day can account for 30% or more of total profit throughout trader funding exams.
This accounting rule is made to have traders prove that they can consistently generate profits and are not one lucky trade wonder. This helps traders develop discipline by preserving profits, and online prop trading firm - Earn2Trade funding partners hand over live accounts to consistent risk managers.
Gauntlet trading exam futures trading position sizing
Experienced NFA-certified traders behind the gauntlet program feel that scaling up risk is very important. Success in trading live funded trading accounts is highly correlated to risk management and scaling up position sizing. So Earn2Trade made position sizing a rule necessary to complete the Gauntlet.
The graphic shows the scaling plan; traders start with smaller position sizing and can trade more and more contracts as profits grow. You do not have to use maximum available leverage; it is perfectly fine to reach profit goal trading only one contract.
Duration of the trader exam:
Fifteen days - the trader has to place at least one trade each day.
As you see from this example, being in an EOD program like Earn2Trade offers a massive advantage on the way to becoming a funded trader. Gauntlet trader saves $500 in Drawdown, despite both accounts making $1000 on the day. Non-EOD trading exam participant gets punished by having $500 taken off the maximum Drawdown.
Earn2Trade Career Program Review:
Career Program Details
Firstly, major props to Earn2Trade for innovation in trader funding space. Low starting cost program that allows traders to scale a small $75 introductory fee (usually $150) into a legitimate trading career. Prop firm partners get to retain talented traders and traders get an opportunity to grow within the prop firm. Most programs are generally structured toward traders collecting initial profit split and then going off to trader on their own. Here, traders are incentivized to remain with the prop firm partner and pursue a trading career while getting paid for performance on the way.'
Earn2Trade Reviews and Social Media
Earn2Trade on Trustpilot
Earn2Trade has some serious reputation on Trustpilot. Our research showed 4.7/5.0 star rating with 1007 reviewers. This is an extremely impressive number of reviews as well as the rating kept. The only downfall of the Trustpilot profile for Earn2Trade is the 5% of "Bad" reviews which is pretty high compared to many of our top reviewed Futures Trader Funding programs. Trustpilot profile is verified and has been claimed. The prop firm replies to 95% of negative reviews and the replies to them take under 1 week.
Earn2Trade on Facebook
Earn2Trade Facebook account boasts 14,446 followers at the time of this writing as well as 13,792 likes. The profile doesn't seem to have Facebook reviews, instead it is connected to Trustpilot reviews. The page is being managed by EARN2TRADE LLC out of Sheridan, WY in United States of America. This Facebook account was created on February 9th, 2017 which makes E2T one of the earlier funded trader programs players on social media.
The Earn2Trade Facebook account seems to be super active. They are posting almost on a daily basis. What stands out about their timeline the most is the amount of information and education that the company is providing. You can learn quite a bit by just watching their videos and reading their posts.
Earn2Trade on Instagram
Earn2Trade Instagram account is pretty engaging, however, we seem to see similar posts as they were posting on Facebook. It could be that the company is broadcasting some of the same posts through a few social media platforms, which is a fairly common strategy. At the time of this writing, Earn2Trade Instagram account had 8,949 followers and have posted 2,245 times (which is a whole lot of posts). Based on the fact that engagement on Earn2Trade Instagram account is very low, it seems like the account is facing Instagram's shadowban, which would not surprise me since they post so much and might come off as spammy.
Earn2Trade on Discord
We dug around online to see how many Discord members Earn2Trade had. At the time of this writing there were 4,868 Discord members that have joined Earn2Trade server. Out of this decent amount of folks, 545 were online at the moment on a Sunday afternoon (EST).
Earn2Trade on Twitter
Earn2Trade Twitter account has an ok amount of followers. At the time of this writing I saw a number of 3,865 followers and 918 following. These numbers are comforting but not shocking. Earn2Trade prop firm has been on Twitter since 2016 and has tweeted over 44.5K times, which makes it around 1263 tweets per month.
I think it's safe to say that Twitter is where Earn2Trade is the most active. There is more information on this platform that they post on Facebook and Instagram plus you get to interact directly with the company's folks themselves.
Earn2Trade on YouTube
Earn2Trade has a very good amount of subscribers on their YouTube account at over 9.18K. The prop firm has uploaded 229 videos and seem to be pretty active. Their highest video has gotten 666K views and it covered the "Become a Professional trader" topic.
Earn2Trade YouTube channel has been around since February 9th, 2017. Total views for the channel are calculated to be 1,584,747 at the time of this writing.
Gauntlet Trading Summary:
You get a chance at earning a live money trading account with prop trading. You get to trade with EOD drawdown parameters during the trading exam. During the partnership with the funding partners, you get to trade with EOD drawdown parameters - very rare for the trader funding industry. Earn2Trade structures this exam with common sense rules in mind to teach or fortify traders' discipline and account-building strategies.
Earn2Trade Software and Education Bundle
Not only does Earn2Trade offer a structured path to honing trading skills and earning live money opportunities with a prop firm, but it also offers resources. For example, it would cost significantly more to buy each of the available items in the bundle than to sign up for the opportunity to get live funding through Gauntlet Mini and get all those things included FREE.
- Trading Software - you have access to high-end trading software Finmark or are more comfortable with very popular trading super software NinjaTrader. Payout out of pocket for the software would be $75-125
- Data - Access to all live data is included in the price of the package; you get to trade indexes, interest rate products, metals, and energy products; data alone would cost over $55 in an online brokerage account.
- Personalized Educational Materials - very valuable, especially to beginner traders. Access to an extensive video, webinar, and trading lesson library where you can start developing your trading style by taking some things away from those ideas.
- Journalytix - $78 value in accessing the best trading journal application. Log your performance sorted by many available parameters. Optimize your on-screen trading performance by learning from past mindset and strategy mistakes.
The total value of the trader start kit bundle is over $400, and it is all included with any of the Gauntlet Mini Trading Exams.
Gauntlet is already a top program; they become the BEST-funded trader program during some of their trading program deals.
- See more of The Best Funded Trader Programs for 2023
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