(Newswire.net — June 12, 2023) —
Earn2Trade is a prop firm that allows traders to learn and trade the markets through their comprehensive programs. If you’re eager to embark on your trading journey with an Earn2Trade account, this step-by-step guide will walk you through opening an account and becoming a funded trader. Let’s delve into the necessary steps and requirements to get started.
Steps to Open Your Earn2Trade Account
Here our experts compiled the list of necessary steps on how you can start with an Earn2Trade.
Step 1 — Visit the Earn2Trade Website:
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Access the Earn2Trade website.
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Familiarize yourself with the website’s layout and available information about the account opening process.
Step 2 — Account Selection:
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Choose the type of account that best suits your goals in education to choose the subscription. Earn2Trade offers various account types with different features and requirements.
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Select the package option that suits your needs.
Step 3 — Account Application:
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Click the “Open an Account” button on the Earn2Trade website to begin the account application process.
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Fill out the required personal information accurately, including your full name, email address, phone number, and country of residence.
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Follow the prompts to complete any additional details required for the application.
Step 4 — Account Verification:
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After submitting your account application, Earn2Trade will verify your information. It may involve providing identification documents, such as a valid passport or driver’s license, to comply with regulatory requirements.
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Follow the instructions provided by Earn2Trade to ensure a smooth and efficient verification process.
Steps to Become a Funded Trader
Traders must also consider several obligatory issues if they want to become funded.
1. Select the Program:
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Earn2Trade offers a trading evaluation program (Trader Career Path, the Gauntlet Mini and Beginner Crash Course) to assess traders’ skills and determine their eligibility for a funded account.
2. Pass the evaluation test and meet requirements:
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Upon completing the evaluation, traders can progress to the funded trader program.
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Familiarize yourself with the risk management guidelines, maximum drawdown limits, and profit split arrangements to ensure compliance and maximize your trading success.
3. Funding Options include:
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Earn2Trade provides multiple funding options for traders when becoming funded trader.
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Select a funding option that aligns with your financial capabilities and preferences.
Requirements to Join Earn2Trade
Our experts recommend following several crucial requirements to become a successful trader with an Earn2Trade account:
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Age Requirement: Traders must be 18 years old to join Earn2Trade.
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Financial Requirements: Traders pay a specific minimum amount to join the program for each funded account type.
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Trading Knowledge: While prior trading experience is optional, having a basic understanding of financial markets and trading concepts will be beneficial.
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Country: Check the list of eligible countries. Some countries are excluded due to legal and regulatory reasons even though Earn2Trade is available for most of them.
Trading Rules
Earn2Trade has specific trading rules that funded traders must follow. Some key rules include the following:
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Adhering to risk management guidelines to protect your capital.
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Abiding by position sizing rules and trading limits.
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Following any proprietary trading strategies provided by Earn2Trade.
Earn2Trade offers a disciplines approach to trading and managing the risks in the process — maximum daily loss, maximum trailing dropdown, profit target, and position size limits.
Each instrument also requires specific hours to trade and limited exposure to single instrument or a sector.
Conclusion
Opening an account with Earn2Trade and becoming a funded trader is an exciting opportunity for aspiring traders. Following the step-by-step guide provided by Traders Union, you can confidently navigate the account opening process and progress towards becoming a funded trader. Remember to meet the requirements, understand and adhere to the trading rules, and leverage the educational resources provided by Earn2Trade to maximize your trading potential.
You can use their comprehensive programs and resources to enhance your trading skills and achieve your financial goals. It is essential to review the specific requirements and trading rules provided by Earn2Trade before opening an account and becoming a funded trader.
Remember, becoming a successful trader requires dedication, continuous learning, and disciplined trading practices. By following the steps outlined in this guide and adhering to the guidelines set by Earn2Trade, you can set yourself on the path to trading success.