Earn2Trade Unveils New Brand: Funding Trading
Earn2Trade, one of the US’s largest proprietary trading firms, announced the launching of Funding Trading, a new sister firm. Similar to E2T, the new venture will be oriented toward futures trading, which has been receiving increased interest from the investing and business community looking to start in the funded-trader firms sector.
Funding Trading: Earn2Trade’s Latest Initiative
Out of the oldest prop firms in the states, Earn2Trade offers up to $400,000 funded accounts to retail traders. It exclusively trades in CME exchange futures and avoids any kind of leveraged trading on CFD contracts.
Funding Trading is set to follow in E2T’s steps, although with less challenges and evaluation programs. It makes up for it by having other tools to supplement these challenges, giving investors the best chance of passing.
While Earn2Trade hasn’t officially confirmed Funding Trading on its social media sites, news of the launch has slowly been leaking through the company’s Discord channel. In addition, emails have been received by users describing Funding Trading as an “affiliate company.”
The Ascent of Futures in Prop Trading
Earn2Trade has always been a futures markets prop house; most firms however, have focused on the FX/CFD market since their inception, but are now establishing new brands aimed at futures markets.
This is exemplified by MyFundedFX, as it has been running an entirely futures dedicated brand—MyFundedFutures—for quite some time now. Moreover, The Funded Trader launched The Futures Trader platform, and last month only, Crypto Fund Trader announced its Crypto Futures Platform.
Jon Light, the Head of OTC at Devexperts, who are the developers behind the mass retail investor platform DXtrade mentioned the strong demand from the prop trading industry for futures trading. Declaring toTradingTech Insight: “There is strong demand for futures trading technology, especially as the rapidly growing prop trading segment explores new opportunities.” “Additionally, we differentiate ourselves by offering expert guidance and support to clients entering the brokerage business.”
