Earn2Trade Review – Should You Give the Platform a Chance?
If you want to get into trading, you are most probably looking for the best platform out there. There are various trading platforms that promise the best deals to new traders, but in reality, they might let you down when you need them the most.
Well, one platform that is actually very good on multiple levels is Earn2Trade. The company is trustworthy and the system is easy to use. It has many features and tools that will allow any trader to get better and be successful.
The platform also has a program named Gauntlet. This will let you trade with a funded account. So, should you start using Earn2Trade? Read our Earn2Trade review and see for yourself.
Earn2Trade was created by Ryan Masten. It was made in order to allow people to learn more about Forex and futures markets. It is based in Wyoming, Florida, and Texas, although there is also one more support office that can be found in Hungary.
Masten is not the only person that helped create Earn2Trade. In fact, there was a whole team that got involved in the creation process. All these people are traders, but also educators. They have experience in this area, so they were able to help with this project. Not to mention that the mentors also got great scores on the FINRA Series 3 exams and Series 34 exams.
Most of the work happens through the program named Gauntlet. With Gauntlet, the work will last about 60 days. The company also recruits people who have great trading skills. They are looking for amazing traders for proprietary trading firms.
Moreover, it is important to note that no free trial is available for the program. At least not at the moment.
Who Is It for?
Earn2Trade is for all people who want to start trading and are looking for a genuine course that will teach them all the skills they need for a successful career in this domain. If you are someone who wants a professional course, then this is surely for you.
Also, if you have some experience already and just want to polish your skills more and become more advanced, Gauntlet is a great opportunity. Some of the program modules available for you include Gauntlet, Gauntlet Mini, Boot Camp, and Crash Course for Beginners.
Gauntlet Mini has many features that can help a trader reach success. The product was launched by the company in August 2019. Also, it is a version of Gauntlet, which is the main program that Earn2Trade released. Through the Mini option, you have the opportunity to get your own funded trading account in 15 days. The original Gauntlet program allows you to do so in 60 days.
What the Gauntlet Mini Program Includes
The system offers a lot of features for traders. You will also have the benefit of getting some bonuses when you use it.
For example, you will be able to use the trading simulation tool, and you will also gain access to Journalytix, which is the reporting tool. Also, you can access the Beginner Crash Course. You get lifetime access and you need around $250 for it.
Gauntlet Mini comes with some rules that you must follow. But this is no surprise since every funded trading account will come with a set of regulations. The team just wants to make sure that people are skilled enough to use the funds they provide.
So, here are some of the rules you will have to keep in mind:
- You should only trade at the right times.
- You should not exceed the size of the max position.
- Trade for a 15-day minimum.
- You have to follow the ladder’s progression.
- Make sure you do not go below or reach the trailing drawdown.
- Make sure you do not go below or reach the maximum daily loss.
Gauntlet Mini has every feature you will need to improve your skills and become a top trader. Here are is what this program offers:
Earn2Trades brings charting tools to the table, and multiple charting options to make everything easier for you. There will be information about the reaction of the market to different events or news, and you will also have important dates so you know when they get closer. This way, you can prepare yourself for the upcoming events.
On top of that, you also get many widget options, as well as indicators.
2. Order Tickets
You also benefit from the order tickets option. With an order ticket, you have the chance to pick the plus margin you need, symbol, quantity, commission, and other details that will allow you to make a complicated order.
3. Market Depth
When you pay for a subscription for one month, the price also includes Level 2 information. Through this, you can do one-click trading, but also add the Level 2 information on any platform you are using.
Journalytix is a tool you can use when you are subscribed. You can use it to send your trades to it, and then you can sort them out based on categories. On top of that, it gives you the chance to find a suitable strategy that helps you grow.
5. Time and Sales & Reconstructed Tape
You will also get the Time and Sales window to help you keep track of your trades. Aside from that, there is also the Reconstructed Tape widget, and it will let you check the tape when it is compressed.
How Much Does it Cost?
Gauntlet Mini comes at a variety of prices. How much you end up paying depends a lot on the type of funded account you are going to settle for. That being said, the $25,000 a month account will cost you $150 each month, whereas the $150,000 one will boost this amount to $350 a month.
Therefore, if your choice is the $25,000 account, then you will probably start with no more than $150. This is available for the first month. Then, you will have to start trading based on the Earn2Trade rules. The profit target might be $1750 for the first month, so you will have to get to it. Once you are able to fulfill this, you will have the privilege of obtaining the funded account you are aiming for.
There is also a progression ladder that Earn2Trae offers. The Gauntlet Mini program will allow you to see it.
Basically, if you have a contract of $25,000, you start with a maximum of two contracts until you get to at least $1,500. When you are able to keep the criteria over that level, you will have the chance to get 3 contracts at the same time. If you follow the rules and invest enough time in this activity, it is not that difficult.
Earn2Trade offers people new trading opportunities, and it also comes with useful programs such as the Gauntlet Mini, which costs only $150 a month. If you want to become a successful trader, then this may be the platform you are looking for. It offers many great features that will ease your work and lead you in the right direction.