Introduction
Welcome to a comprehensive comparison between the Earn2Trade Funded Trading Program and FTMO Prop Trading Firm. As a team of experienced traders, we have had the opportunity to trade with both firms and gain valuable insights. In this blog post, we will explore the key features, evaluation processes, trading opportunities, and overall experiences offered by these two renowned prop trading firms.
| Prop Firm Details | FTMO | Earn2Trade |
| Year Founded | 2014 | 2017 |
| Maximum Balance | $2,000,000 | $400,000 |
| Tradeable Assets | Forex Indices Metals Commodities Stocks Crypto |
Equity Futures Forex Futures Agricultural Futures Energy Futures Interest Rate Futures Metals Futures |
| Challenge Type | Two Step Evaluation | One-Step Evaluation |
| Trading Platforms | MT4 MT5 cTrader |
NinjaTrader Rithmic InsideEdge Trader Volfix ATAS Medved Trader Quantower TradeNavigator SierraChart Photon MotiveWave RInvestor Bookmap X-Ray Jigsaw Daytradr |
| Trading Hours | Holding Overnight Holding Over Weekend |
❌ |
| Copy Trading | ✅ | ❌ |
| News Trading | ✅ | ✅ |
| EAs | ✅ | ✅ |
| Trust Pilot Rating⭐ | 4.9 / 5.0 | 4.7 / 5.0 |
| Trust Pilot Reviews | 4,408 | 1,290 |
| Payment Types | Wire Transfer Skrill Crypto Credit Card Google Pay Nuvei Checkout.com Confirmo |
Wire Transfer Paylpal Crypto Payoneer Coinbase Revolut Wise |
Evaluation Process
Earn2Trade
Earn2Trade’s evaluation process is designed to identify skilled traders. Traders can choose between two programs: Trader Career Path® and The Gauntlet Mini™. These programs simulate real market conditions and provide traders with valuable experience. The evaluation phase is comprehensive, emphasizing risk management and ensuring that only traders with proven skills progress to the funded stage.
FTMO
FTMO’s evaluation process consists of the FTMO Challenge and Verification stages. Traders showcase their trading abilities and meet the Trading Objectives in the Challenge phase. Upon success, they proceed to the Verification stage, where they are evaluated further. FTMO’s evaluation process aims to identify disciplined traders who can effectively manage an FTMO Account.
Funded Trading Opportunities
Earn2Trade
Upon successfully passing the evaluation phase, traders receive funding from a trading firm. They can trade with real money and keep a significant portion of their profits. Earn2Trade offers trader programs with a starting capital of $25,000 or $50,000, allowing traders to maximize their trading opportunities and potential profitability.
FTMO
Successful completion of the FTMO evaluation course can lead to a placement in the FTMO Proprietary Trading firm. Traders can manage an FTMO Account with a balance of up to $400,000. FTMO provides competitive profit splits, and traders have the opportunity to increase their account balance through the Scaling Plan.
Trading Platforms and Instruments
Earn2Trade
Traders gain access to a professional trading platform equipped with essential tools and resources to execute trades effectively. The platform supports various trading instruments, including Forex, Indices, Commodities, and more. Earn2Trade emphasizes the importance of risk management and provides traders with comprehensive support.
FTMO
FTMO offers popular trading platforms such as MT4, MT5, and cTrader. Traders have access to a wide range of trading instruments, including Forex, Indices, Crypto, Commodities, and more. The trading conditions are designed to simulate real market conditions with low commissions, super-raw spreads, and no markup.
Additional Benefits and Support
Earn2Trade
Earn2Trade provides traders with expert mentorship and guidance throughout their trading journey. They offer a range of resources, including a beginner crash course, advanced journaling with Journalytix, and informative articles on their blog. These resources support traders in their learning journey and help them stay updated with the latest market trends and trading strategies.
FTMO
FTMO offers additional benefits such as custom trading apps, account analysis, unbiased feedback, and support from the customer support team. They also provide educational resources through their Trading Academy, including tutorials, webinars, and collaborations with experienced traders and mentors.
Conclusion
In conclusion, both the Earn2Trade Funded Trading Program and FTMO Prop Trading Firm offer valuable opportunities for aspiring traders. Earn2Trade focuses on evaluation, mentorship, and progression, providing traders with the necessary tools and support to succeed. FTMO emphasizes a rigorous evaluation process and offers competitive profit splits along with additional benefits. Ultimately, the choice between these two firms depends on individual preferences and trading goals. We recommend carefully considering your trading objectives and requirements before making a decision.
