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<\/a><\/div><\/div>What Is the Trader Career Path \u00ae?<\/strong><\/h2>\n\n\n\nThe Trader Career Path \u00ae helps you structure your trading journey by reflecting on your progress over time. The gradual achievement of different milestones gives you a clear roadmap and continuous motivation to make it as a professional trader. The better you become, the more contracts and trading capital you will be able to trade with.<\/p>\n\n\n\n
So, how is it different from other funded trading programs?<\/p>\n\n\n\n
Funded trader programs offer a relatively quick pathway to becoming a professional trader. They start as educational courses and a rule-based evaluation program but can then evolve into a fully-funded professional trading career with long-term prospects.<\/p>\n\n\n\n
They teach you trading fundamentals, market mechanics, risk management strategies, and, most importantly \u2013 discipline. After successfully passing an evaluation, you receive a funded trading offer from a prop trading firm. That way, you can trade with their capital and retain the majority of the profits for yourself.<\/p>\n\n\n\n
What most funded trader programs lack, however, is a progression roadmap. They are static, meaning that they measure your trading skills at a particular point in time without much consideration for how you might improve in the future. In reality, a trader becomes better by the minute and with every winning or losing trade. Funded trader programs should reflect that growth.<\/p>\n\n\n\n
The Trader Career Path \u00ae offers you just that \u2013 a growth plan that tracks your evolution as a trader at each step of your journey. It doesn\u2019t lock you into a single account. Just the opposite \u2013 as you become better, you will move to a different tier and be able to trade more contracts and with higher capital. That way, through trading and continually withdrawing your profit, you can build your way up to a $400,000 account.<\/p>\n\n\n\n
How It Works<\/strong><\/h2>\n\n\n\nThe program offers three straightforward growth plans:<\/p>\n\n\n\n
\n- TCP25 – virtual starting capital of $25,000, with a max live account value of $200,000<\/li>\n\n\n\n
- TCP50 – virtual starting capital of $50,000, with a max live account value of $400,000<\/li>\n\n\n\n
- TCP100 \u2013 virtual starting capital of $100,000, with a max live account value of $400,000<\/li>\n<\/ul>\n\n\n\n
Whatever you choose, your journey will consist of three steps.<\/p>\n\n\n\n
The first is the evaluation phase, where you will have to manage an account with $25,000\u2013$100,000 in virtual capital. To successfully pass it, you must follow the pre-defined trading rules and meet the goals for each program (more on these below or on the dedicated page<\/a>).<\/p>\n\n\n\nThe next step is getting your first funding offer from Earn2Trade\u2019s partners \u2013 Helios Trading Partners or Kronos Proprietary Trading. At that point, you can proudly say you are a funded trader!<\/p>\n\n\n\n
The third and last step is building your way up the growth plan ladder. You will start with a capital of $25,000\u2013$100,000 \u2013 either through a LiveSim\u00ae or a Live account (more about the difference below or in the dedicated article<\/a>). From there, it\u2019s all up to your skills and determination. By demonstrating good and consistent performance, you can progress through a series of Live accounts \u2013 from $25,000, $50,000, or $100,000 to $200,000 or $400,000, depending on the program you choose. Each time you hit the target of your current account and withdraw your share of the profits (80%), you will move to the next tier.<\/p>\n\n\n\nWhat Are the Rules?<\/strong><\/h2>\n\n\n\nTo pass the evaluation stage of the Trader Career Path \u00ae program, you have to comply with the following rules:<\/p>\n\n\n\n
1. Only trade during approved times<\/h3>\n\n\n\n
You may start trading once the exchange opens for your particular asset. Generally, this is 5 p.m. CT but may differ based on holiday<\/a> or asset<\/a>. In practice, this means you\u2019ll generally be trading during the official market hours of the CME group. <\/p>\n\n\n\nAll positions and working orders must be closed by 3:50 p.m. CT until 5 p.m. CT. Specific assets like GF\/HE\/LE must be closed by 1:05 p.m. CT until 5 p.m. CT. Others like XC\/XK\/ZC\/ZL\/ZM\/ZS\/ZW must be closed between 7:45 a.m. – 8:30 a.m. CT and then again between 1:20 p.m. – 5 p.m. CT.<\/p>\n\n\n\n
Trading can be conducted throughout the day except over public holidays and when the exchanges are closed. Otherwise, there are no restrictions, meaning you can freely trade during market events. Read more here<\/a>.<\/p>\n\n\n\n2. Follow the progression ladder<\/h3>\n\n\n\n
The TCP25, TCP50, and TCP100 accounts that you can trade at the early stages of your journey allow up to 3, 6, and 12 contracts, respectively. Gradually moving from one account tier to another will increase the number of contracts available for trading. Reaching the maximum live account values of $200,000 for the TCP25 and $400,000 for the TCP50 and TCP100 will allow you to trade up to 16 and 30 contracts, respectively. Learn more about the different tiers and their rules here<\/a>.<\/p>\n\n\n\n3. Do not reach or dip below the daily loss<\/h3>\n\n\n\n
Each account has a particular daily loss limit<\/a> requirement. It is based on the daily Profit & Loss, including both open (real-time\/unrealized) and closed trades and commissions, for each trading day. Avoid going below your daily loss limit. Find out more here<\/a>.<\/p>\n\n\n\n4. Do not reach or dip below the minimum account balance (EOD Drawdown)<\/h3>\n\n\n\n
When the market closes, the End-of-Day Drawdown (EOD) updates your minimum account balance based on your performance during the particular trading day. To avoid breaking the rule, keep your balance up and above your minimum account balance requirement by avoiding excessive volatility and significant price swings. You can learn more here<\/a>.<\/p>\n\n\n\n5. Trade a minimum of 10 trading days<\/h3>\n\n\n\n
To pass the program, you need to open trades on at least 10 days.<\/p>\n\n\n\n
6. Maintain consistency<\/h3>\n\n\n\n
To meet this requirement, no trading day should account for 30% or more of your total Profit & Loss throughout the examination period. If it does, you should continue trading and building up your account until those days make up a smaller percentage of your total profit (less than 30%). Learn more here<\/a>.<\/p>\n\n\n\nAll evaluation accounts are assigned live commissions during setup. These rates mirror those used by our proprietary trading partners, offering a more realistic trading experience.<\/p>\n\n\n\n
Additionally, all Trader Career Path \u00ae subscriptions include a free reset every time your monthly subscription is rebilled. Free resets can be accumulated and used at any time while your subscription remains active.<\/p>\n\n\n\n
What Happens After You Pass?<\/strong><\/h2>\n\n\n\nAfter you pass the evaluation, a proprietary trading firm will ask you to choose between a LiveSim\u00ae or Live account with a capital of $25,000, $50,000, or $100,000 based on your chosen program. While the LiveSim\u00ae and Live accounts are very similar, there are some differences to keep in mind.<\/p>\n\n\n\n
The LiveSim\u00ae Account<\/strong><\/h3>\n\n\n\nThe LiveSim\u00ae account is a virtual account that allows you to continue sharpening your skills in a simulated environment while having the benefit of withdrawing your profit. Although no trades on the account are executed on a live exchange, the simulation is traded through a live data connection from Rithmic.<\/p>\n\n\n\n
The prop firm offers this as an optional step for traders who don’t think they’re ready to jump into live trading. Think of it as a bridge between trading on a simulator and trading on a live account. Furthermore, it grants you advantages like faster setup time (you can start trading in just two business days after accepting the funding agreement) and a NinjaTrader\u00ae license from Earn2Trade.<\/p>\n\n\n\n
This option suits traders who want to mitigate the stress of live trading but still make money if they perform well. As stated above, this is an optional step and not necessary if you want to start trading live immediately.<\/p>\n\n\n\n
The Live Account<\/h3>\n\n\n\n
To really experience being a professional trader, you should pick the Live Account. In the Live Account, you will be trading on your preferred platform, with your orders being processed directly through a brokerage to the CME. The setup time is a bit longer (up to 10 days) because there is a necessity for registering with the brokerage. However, in the end you will be regarded by the CME as a professional trader and have the opportunity to trade with the prop firm on the live market through a real futures account at an FCM (Futures Commission Merchant).<\/p>\n\n\n\n
After that, anytime you successfully hit the profit targets for your current account and withdraw your share of the profit, your account will automatically upgrade to the next level, following the growth plan.<\/p>\n\n\n\n
Drawdown Types<\/h2>\n\n\n\n
Closely following each account\u2019s trailing, fixed, or EOD drawdown<\/a> requirement is pivotal for making it to the top.<\/p>\n\n\n\nThe trailing drawdown is tied to your highest live account balance, including both open and closed equity. If your profit grows by $10, so does your minimum account balance. This includes open equity, so it\u2019s a good idea to use take-profit orders to mitigate heavy price swings.<\/p>\n\n\n\n
The fixed drawdown is the account balance you shouldn\u2019t go below. For example, the fixed drawdown for the $200,000 account is $194,000. For the $400,000 account, the drawdown is fixed at $388,000 \u2013 meaning it never trails upward, giving you more room to trade.<\/p>\n\n\n\n
The EOD drawdown is based on your trading account\u2019s end-of-day balance.<\/p>\n\n\n\n
Gauntlet Mini\u2122 vs. Trader Career Path \u00ae<\/strong><\/strong><\/h2>\n\n\n\nConsidering the success of the Gauntlet Mini\u2122<\/a> program, you are probably wondering how the Trader Career Path \u00ae can outshine it.<\/p>\n\n\n\nThe truth is that both programs are fundamentally similar and can help you become a professional trader with equal success. The main difference is in the way they can do it.<\/p>\n\n\n\n
The Gauntlet Mini\u2122<\/strong> lets you start with an account size of your choice. Whether you want to go with the $50,000 or $200,000, you can apply directly for the plan that suits you best. However, this program doesn\u2019t allow you to upgrade.<\/p>\n\n\n\nThe Trader Career Path \u00ae is a growth plan that allows you to upgrade your account and withdraw your profits whenever you hit the goal. Furthermore, it introduces an even higher account tier for the most successful traders. You can work your way up to a Live Trading Account with $400,000 in starting capital. Besides, traders who manage to hit the $40,000 profit goal can withdraw $32,000 (the $40,000 profit goal \u2013 the prop firm\u2019s 20%) and receive a custom offer. Thanks to this, the best traders have no limits and can discuss with the trading firm the possibilities of a customized, larger-size account with additional perks.<\/p>\n\n\n\n
Funding Program Comparison<\/h3>\n\n\n\n
The program offers three straightforward growth plans:<\/p>\n\n\n\n
- \n
- TCP25 – virtual starting capital of $25,000, with a max live account value of $200,000<\/li>\n\n\n\n
- TCP50 – virtual starting capital of $50,000, with a max live account value of $400,000<\/li>\n\n\n\n
- TCP100 \u2013 virtual starting capital of $100,000, with a max live account value of $400,000<\/li>\n<\/ul>\n\n\n\n
Whatever you choose, your journey will consist of three steps.<\/p>\n\n\n\n
The first is the evaluation phase, where you will have to manage an account with $25,000\u2013$100,000 in virtual capital. To successfully pass it, you must follow the pre-defined trading rules and meet the goals for each program (more on these below or on the dedicated page<\/a>).<\/p>\n\n\n\n
The next step is getting your first funding offer from Earn2Trade\u2019s partners \u2013 Helios Trading Partners or Kronos Proprietary Trading. At that point, you can proudly say you are a funded trader!<\/p>\n\n\n\n
The third and last step is building your way up the growth plan ladder. You will start with a capital of $25,000\u2013$100,000 \u2013 either through a LiveSim\u00ae or a Live account (more about the difference below or in the dedicated article<\/a>). From there, it\u2019s all up to your skills and determination. By demonstrating good and consistent performance, you can progress through a series of Live accounts \u2013 from $25,000, $50,000, or $100,000 to $200,000 or $400,000, depending on the program you choose. Each time you hit the target of your current account and withdraw your share of the profits (80%), you will move to the next tier.<\/p>\n\n\n\n
What Are the Rules?<\/strong><\/h2>\n\n\n\n
To pass the evaluation stage of the Trader Career Path \u00ae program, you have to comply with the following rules:<\/p>\n\n\n\n
1. Only trade during approved times<\/h3>\n\n\n\n
You may start trading once the exchange opens for your particular asset. Generally, this is 5 p.m. CT but may differ based on holiday<\/a> or asset<\/a>. In practice, this means you\u2019ll generally be trading during the official market hours of the CME group. <\/p>\n\n\n\n
All positions and working orders must be closed by 3:50 p.m. CT until 5 p.m. CT. Specific assets like GF\/HE\/LE must be closed by 1:05 p.m. CT until 5 p.m. CT. Others like XC\/XK\/ZC\/ZL\/ZM\/ZS\/ZW must be closed between 7:45 a.m. – 8:30 a.m. CT and then again between 1:20 p.m. – 5 p.m. CT.<\/p>\n\n\n\n
Trading can be conducted throughout the day except over public holidays and when the exchanges are closed. Otherwise, there are no restrictions, meaning you can freely trade during market events. Read more here<\/a>.<\/p>\n\n\n\n
2. Follow the progression ladder<\/h3>\n\n\n\n
The TCP25, TCP50, and TCP100 accounts that you can trade at the early stages of your journey allow up to 3, 6, and 12 contracts, respectively. Gradually moving from one account tier to another will increase the number of contracts available for trading. Reaching the maximum live account values of $200,000 for the TCP25 and $400,000 for the TCP50 and TCP100 will allow you to trade up to 16 and 30 contracts, respectively. Learn more about the different tiers and their rules here<\/a>.<\/p>\n\n\n\n
3. Do not reach or dip below the daily loss<\/h3>\n\n\n\n
Each account has a particular daily loss limit<\/a> requirement. It is based on the daily Profit & Loss, including both open (real-time\/unrealized) and closed trades and commissions, for each trading day. Avoid going below your daily loss limit. Find out more here<\/a>.<\/p>\n\n\n\n
4. Do not reach or dip below the minimum account balance (EOD Drawdown)<\/h3>\n\n\n\n
When the market closes, the End-of-Day Drawdown (EOD) updates your minimum account balance based on your performance during the particular trading day. To avoid breaking the rule, keep your balance up and above your minimum account balance requirement by avoiding excessive volatility and significant price swings. You can learn more here<\/a>.<\/p>\n\n\n\n
5. Trade a minimum of 10 trading days<\/h3>\n\n\n\n
To pass the program, you need to open trades on at least 10 days.<\/p>\n\n\n\n
6. Maintain consistency<\/h3>\n\n\n\n
To meet this requirement, no trading day should account for 30% or more of your total Profit & Loss throughout the examination period. If it does, you should continue trading and building up your account until those days make up a smaller percentage of your total profit (less than 30%). Learn more here<\/a>.<\/p>\n\n\n\n
All evaluation accounts are assigned live commissions during setup. These rates mirror those used by our proprietary trading partners, offering a more realistic trading experience.<\/p>\n\n\n\n
Additionally, all Trader Career Path \u00ae subscriptions include a free reset every time your monthly subscription is rebilled. Free resets can be accumulated and used at any time while your subscription remains active.<\/p>\n\n\n\n
What Happens After You Pass?<\/strong><\/h2>\n\n\n\n
After you pass the evaluation, a proprietary trading firm will ask you to choose between a LiveSim\u00ae or Live account with a capital of $25,000, $50,000, or $100,000 based on your chosen program. While the LiveSim\u00ae and Live accounts are very similar, there are some differences to keep in mind.<\/p>\n\n\n\n
The LiveSim\u00ae Account<\/strong><\/h3>\n\n\n\n
The LiveSim\u00ae account is a virtual account that allows you to continue sharpening your skills in a simulated environment while having the benefit of withdrawing your profit. Although no trades on the account are executed on a live exchange, the simulation is traded through a live data connection from Rithmic.<\/p>\n\n\n\n
The prop firm offers this as an optional step for traders who don’t think they’re ready to jump into live trading. Think of it as a bridge between trading on a simulator and trading on a live account. Furthermore, it grants you advantages like faster setup time (you can start trading in just two business days after accepting the funding agreement) and a NinjaTrader\u00ae license from Earn2Trade.<\/p>\n\n\n\n
This option suits traders who want to mitigate the stress of live trading but still make money if they perform well. As stated above, this is an optional step and not necessary if you want to start trading live immediately.<\/p>\n\n\n\n
The Live Account<\/h3>\n\n\n\n
To really experience being a professional trader, you should pick the Live Account. In the Live Account, you will be trading on your preferred platform, with your orders being processed directly through a brokerage to the CME. The setup time is a bit longer (up to 10 days) because there is a necessity for registering with the brokerage. However, in the end you will be regarded by the CME as a professional trader and have the opportunity to trade with the prop firm on the live market through a real futures account at an FCM (Futures Commission Merchant).<\/p>\n\n\n\n
After that, anytime you successfully hit the profit targets for your current account and withdraw your share of the profit, your account will automatically upgrade to the next level, following the growth plan.<\/p>\n\n\n\n
Drawdown Types<\/h2>\n\n\n\n
Closely following each account\u2019s trailing, fixed, or EOD drawdown<\/a> requirement is pivotal for making it to the top.<\/p>\n\n\n\n
The trailing drawdown is tied to your highest live account balance, including both open and closed equity. If your profit grows by $10, so does your minimum account balance. This includes open equity, so it\u2019s a good idea to use take-profit orders to mitigate heavy price swings.<\/p>\n\n\n\n
The fixed drawdown is the account balance you shouldn\u2019t go below. For example, the fixed drawdown for the $200,000 account is $194,000. For the $400,000 account, the drawdown is fixed at $388,000 \u2013 meaning it never trails upward, giving you more room to trade.<\/p>\n\n\n\n
The EOD drawdown is based on your trading account\u2019s end-of-day balance.<\/p>\n\n\n\n
Gauntlet Mini\u2122 vs. Trader Career Path \u00ae<\/strong><\/strong><\/h2>\n\n\n\n
Considering the success of the Gauntlet Mini\u2122<\/a> program, you are probably wondering how the Trader Career Path \u00ae can outshine it.<\/p>\n\n\n\n
The truth is that both programs are fundamentally similar and can help you become a professional trader with equal success. The main difference is in the way they can do it.<\/p>\n\n\n\n
The Gauntlet Mini\u2122<\/strong> lets you start with an account size of your choice. Whether you want to go with the $50,000 or $200,000, you can apply directly for the plan that suits you best. However, this program doesn\u2019t allow you to upgrade.<\/p>\n\n\n\n
The Trader Career Path \u00ae is a growth plan that allows you to upgrade your account and withdraw your profits whenever you hit the goal. Furthermore, it introduces an even higher account tier for the most successful traders. You can work your way up to a Live Trading Account with $400,000 in starting capital. Besides, traders who manage to hit the $40,000 profit goal can withdraw $32,000 (the $40,000 profit goal \u2013 the prop firm\u2019s 20%) and receive a custom offer. Thanks to this, the best traders have no limits and can discuss with the trading firm the possibilities of a customized, larger-size account with additional perks.<\/p>\n\n\n\n
Funding Program Comparison<\/h3>\n\n\n\n