- Trader Career Path (TCP)
- Methodical Progression
- Well-Structured Program
- Clear Profit Targets
- Drawdown Limit Adjustments
- Lucrative Live Account Opportunity
Super Funded
- Real accounts with allocation capital up to $600,000.
- Generous 90% profit split.
- Flexible trading: news, weekends, and overnight.
- No minimum trading days.
- Simplified one-step evaluation.
Cons โ
Earn2Trade
- Minimum Trading Days
- Daily Loss Limit
- Requires Discipline
Super Funded
- Lack of community feedback
- Lack of payment proof
- Consistency rule
- Low leverage 1:30, 1:20, and 1:2
Rules ๐
Earn2Trade
Funded Trader Program
Super Funded
Consistency Rule, Maximum Daily Loss, Maximum Loss, Maximum Trading Days, No Copy Trading Allowed, Profit Target, Third Party EA Risk
Comparing Earn2Trade vs. Super Funded: For the Discerning Retail Trader
When selecting a proprietary trading firm that best suits your needs as a trader, it's crucial to weigh the pros and cons of each firm against your trading style and goals. Our review focuses on two such prop firms: Earn2Trade and Super Funded. We'll juxtapose their offerings to provide a clear picture for traders pondering their options.
Earn2Trade Review
Earn2Trade remains somewhat of an enigma, as the provided context does not detail its advantages or disadvantages. While Earn2Trade's funded trader program suggests a structure in place for traders to scale, the lack of detailed pros and cons in this context handicaps our ability to provide a robust analysis.
One aspect of Earn2Trade is the funding of traders with account sizes starting at $10,000, using USD and GBP as account currencies. Deposits are made through credit or debit cards, while withdrawals can only be executed via bank wire transfer, which some might find limiting. The focus on commodities as the sole tradable instrument is a strong appeal for specialists but may deter traders seeking diversification across asset classes.
With establishment roots in 2016, Earn2Trade would be expected to have honed its offering, but without further context, traders are advised to perform due diligence and look for user reviews and testimonials.
Super Funded Review
Super Funded emerges as a powerful player in the space, drawing in traders with the allure of real account allocations up to $600,000 and an attractive profit split of 90%. The flexible trading conditions, allowing for news trading, weekend positions, and overnight holds, stand out as a unique selling point, alongside the absence of a minimum trading day requirement and a streamlined one-step evaluation process.
However, with high reward comes certain risks. The lack of community feedback and payment proof can be red flags for potential traders weighing the credibility of Super Funded. Moreover, the consistency rule, without proper definition, could be subject to interpretation that may not favor the trader, and low leverage, stretching from 1:30 to as low as 1:2, can impact aggressive trading strategies.
Adding to the concerns, Super Funded implements a set of rules like a maximum daily loss cap, overall maximum loss, a profit target, and prohibits both copy trading and third-party EA risk, all of which are standard in risk management but could be restrictive for certain traders. Depositing is simplified through both crypto and traditional credit or debit cards, while withdrawals can be made via crypto or through a partnership with Deel, a global payment platform.
With an incorporation date in February 2023, Super Funded is the new entrant in this comparison, and time will be the true test of its resilience and trader satisfaction.
Conclusion
The choice between Earn2Trade and Super Funded depends on a retail trader's preference for asset variety, leverage, community presence, and funding potential. While Super Funded offers a vast playground for the well-heeled and risk-savvy trader, the less-than-transparent community presence might be a cause for caution. Earn2Trade's longevity in the market could entail a stable trading environment, yet the lack of provided pros and cons necessitates that traders seek additional information.
Traders are well-advised to leverage trial periods, if available, to test the waters of each firm's trading platform and support services. Ultimately, due diligence is paramount, and engagement with existing traders via forums or social networks can offer insights that extend beyond the scope of any review.