Proprietary Trading Firms: Earn2Trade vs Topstep – A Comprehensive Comparison

Introduction

In the world of proprietary trading, where individuals can trade the firm’s capital instead of their own, two prominent players stand out: Earn2trade and Topstep. Each offers unique programs and benefits for aspiring traders looking to make their mark in the financial markets.

Program Offerings

The 5 most important aspects of Earn2Trade

Earn2Trade Programs

Earn2trade provides a range of funded trading programs, including The Gauntlet Program, The Gauntlet mini, and the Trader career path. Traders need to meet specific criteria to qualify for funded accounts, with opportunities to trade assets worth up to $200,000 without monthly subscription fees.

Topstep Programs

Topstep, a well-established player in the industry, offers programs like Topstep Futures and Topstep Forex. Traders are evaluated based on their performance in the Trading combine, after which they can trade with funded accounts without personal risk.

Comparing Pros and Cons

Earn2Trade Pros

Earn2trade offers quality education, various trading platforms, and a profit split favoring traders. The company also facilitates trading on the Chicago Mercantile Exchange (CME) and provides a referral program for additional income.

Earn2Trade Cons

However, Earn2trade has strict requirements, limited market options, and a support service with restricted hours.

Topstep Pros

Topstep boasts a strong reputation, efficient payout processing, and a high profit split favoring traders.

Topstep Cons

On the downside, Topstep lacks bonus offerings and automated trading options.

Regulation and Safety

The 5 most important aspects of Earn2Trade

Both Earn2trade and Topstep are based in the USA, ensuring compliance with stringent regulations. The longevity and reputation of these firms add to their credibility and reliability in the industry.

Trading Conditions and Assets

Comparing trading plans, costs, leverage, and available assets between Earn2trade and Topstep helps traders make informed decisions based on their preferences and risk tolerance.

Profit Split and Trading Restrictions

The 5 most important aspects of Earn2Trade

Understanding profit splits and trading restrictions is crucial for traders aiming to maximize their earnings within the guidelines set by the proprietary trading firms.

Trading Platforms and Assets

The choice of trading platform and available assets can significantly impact a trader’s performance. Evaluating the offerings of Earn2trade and Topstep in this regard is essential for a seamless trading experience.

FAQs

The 5 most important aspects of Earn2Trade

Legal Compliance

Proprietary trading companies operate legally, adhering to regulations in reputable jurisdictions. Aspiring prop traders can enter the field based on their trading skills and risk management abilities.

Choosing a Prop Trading Company

Selecting the right prop trading firm involves thorough research and comparison. Traders should align their trading strategies with the offerings of the company that best suits their needs.

Funded Trader Limits

Prop firms offer varying levels of funding based on traders’ performance, with opportunities to manage substantial amounts in the long run.

Meet the Team

Get to know the experts behind the scenes – Mikhail Vnuchkov, Olga Shendetskaya, and Mirjan Hipolito. Their combined expertise and dedication ensure the delivery of accurate and insightful content for traders worldwide.