Trader Career Path: An Introduction to Earn2Trade’s Scale-up Plan
One of the key characteristics of The Trader Career Path (TCP), offered by Earn2Trade, is that candidates who pass the test are offered funding with a scaling plan. This means that the firm will upgrade the trader’s account to a higher amount of capital once they take sufficient profits from their accounts.
- Traders that receive funding from TCP25 are able to scale up to $200,000.
- The maximum scale for traders financed by the TCP 50 and TCP100 is up to $400,000.
The proprietary trading firm will provide a customized offer to funded traders who meet the profit objective on the $200,000 account after passing the TCP25, or on the $400,000 account after passing the TCP50 or TCP100.
The following are the TCP25, and TCP100 plans explained respectively:
The TCP25 Scaling Plan
Trader Career Path Rules
Candidates for the TCP are required to follow a disciplined trading plan that includes the following guidelines, set out by the firm. It is crucial to remember that breaking any of the restrictions will prevent you from receiving offers unless you reset the program.
- You must trade for ten days at least.
- Never surpass the daily loss.
- Don’t go beyond the progression ladder’s maximum position size.
- Avoid reaching or going below the EOD Drawdown minimum account balance.
- Trade only at allowed periods.
- Stay consistent.
- Copy Trading is not allowed.
For more information, check out our Review of the Earn2Trade prop firm.