Based on looking at the website, Earn2trade.com appears to be a platform that offers evaluation programs for aspiring traders, with the promise of funding for those who successfully pass their simulated trading exams.

While the concept of skill development and earning potential through trading can seem appealing, it’s crucial to understand that such platforms, particularly those involving futures trading as Earn2trade does, often carry elements that are not permissible in Islam.

The inherent risk, potential for excessive speculation gharar, and the business model’s reliance on individuals failing their evaluations, which is a common characteristic of these “prop firm” models, raise significant concerns from an Islamic finance perspective.

Our faith encourages earning through honest labor, real value creation, and transparent transactions, emphasizing avoidance of excessive risk and gambling-like activities.

The allure of quick profits in trading can be strong, but as Muslims, we are guided by principles that prioritize ethical conduct, fairness, and the avoidance of activities that resemble gambling or involve excessive uncertainty.

Futures trading, by its very nature, often falls into this category due to its speculative elements and the fact that it involves contracts for future delivery rather than immediate exchange of tangible assets.

Furthermore, many of these prop firm models profit significantly from the subscription fees paid by hopeful traders who often fail the rigorous evaluation processes, making it a high-risk endeavor where the odds might be stacked against the individual.

Instead of chasing these high-risk, potentially problematic ventures, we should focus on sustainable, halal income streams that provide real value, such as honest trade, entrepreneurship based on tangible goods and services, or ethical investments that adhere to Islamic guidelines.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Understanding the Earn2trade.com Model

Earn2trade.com positions itself as a gateway to professional trading, offering structured evaluation programs designed to identify and fund skilled traders.

The core idea is to test a trader’s abilities in a simulated environment, and if successful, provide them with capital from a proprietary trading firm.

The emphasis on speculation and the high failure rates often associated with such programs are areas of concern.

The Appeal of “Getting Funded”

The primary draw of platforms like Earn2trade.com is the promise of trading with “the firm’s money” after passing an evaluation.

This can be very attractive to individuals who lack significant capital but believe they have the trading acumen. Studiomodern.co.uk Reviews

Access to Capital: Traders can potentially manage larger sums of money than they could with their own personal funds, amplifying potential profits.
Reduced Personal Risk on paper: While the firm provides capital, the initial investment for the evaluation programs themselves, along with the time and effort, still represents a personal risk.
Professional Development: The programs are framed as a path to becoming a professional trader, which appeals to those looking for a career in finance.

According to Earn2trade’s own disclaimer for 2024, only 10.42% of candidates passed their Trader Career Path® / Gauntlet Mini™ examinations. This stark statistic highlights the challenging nature of these programs and the high likelihood of not passing, which means losing the initial subscription fees. Of those who passed, 10.04% traded a Live account, while 89.96% traded a LiveSim® account, further illustrating the difficulty in reaching actual live trading.

Concerns Regarding Futures Trading

Earn2trade explicitly states that its programs involve “Futures products only.” Futures trading, by its nature, involves significant speculation and contracts for future delivery, which can be problematic from an Islamic standpoint.

Gharar Excessive Uncertainty: Futures contracts often involve a high degree of uncertainty regarding future price movements and the actual delivery of the underlying asset. This uncertainty can lead to disputes and unfair gains, which Islam prohibits.
Maysir Gambling: The highly speculative nature of futures trading, where outcomes are heavily reliant on price fluctuations rather than the exchange of tangible goods for immediate value, can resemble gambling. The primary motivation is often to profit from price differences without an intention to take or make delivery of the actual commodity.
Lack of Qabdh Possession: Islamic finance emphasizes the importance of actual or constructive possession qabdh of an asset before it is sold. In many futures contracts, actual possession of the underlying commodity does not occur, especially for speculative traders who close positions before maturity.

These factors contribute to a significant ethical dilemma for a Muslim seeking to earn income.

The focus should always be on avoiding the prohibited and seeking lawful means of earning, which promote stability, fairness, and real economic activity.

Earn2trade.com’s Offerings and Their Implications

Earn2trade offers two primary evaluation programs: the Trader Career Path® and The Gauntlet Mini™. While designed to assess trading skills, the structure and the nature of the instruments traded futures necessitate a closer look at their permissibility. Sterlingbackcheck.com Reviews

Trader Career Path®: A Detailed Look

The Trader Career Path® aims to provide a scaling plan, allowing traders to increase their funded account size as they meet profit targets.

Virtual Account Sizes: The program starts with virtual accounts of $25,000, $50,000, or $100,000. This virtual nature is for assessment, but the ultimate goal is live trading of futures.
Scaling Plan: The promise of progressing to larger funded accounts, potentially up to $400,000, suggests a long-term engagement model.
Fixed Drawdown: The mention of a “fixed drawdown” indicates strict risk management rules that must be adhered to. Failure to meet these rules can result in failing the evaluation.

The emphasis on meeting “targets and progress” to “get the $400,000 funded trading account” further underlines the speculative nature.

Traders are not engaging in real, value-adding commerce, but rather attempting to predict and profit from price movements in financial markets.

This is fundamentally different from permissible forms of trade where goods or services are exchanged for mutual benefit.

The Gauntlet Mini™: A Faster Track?

The Gauntlet Mini™ appears to be a more condensed evaluation, designed for “intraday traders” with a quicker path to funding. Weba.be Reviews

10-Day Trading Requirement: This short timeframe suggests an intensive, high-frequency trading approach, which often correlates with higher risk and speculative activity.
Strict Risk Management: Like the Trader Career Path®, adherence to “a strict risk management regime” is crucial.
Advanced Journaling journalytix: The inclusion of a journaling tool suggests a focus on discipline and analysis, which are good practices in themselves, but within the context of a problematic activity.

Intraday trading, in particular, intensifies the concerns around gambling Maysir and excessive uncertainty Gharar due to the rapid-fire decision-making, reliance on short-term price fluctuations, and lack of any intention of taking delivery of the underlying asset.

It is purely speculative in nature, aiming to profit from volatility.

Ethical and Islamic Concerns of Earn2trade.com

When evaluating Earn2trade.com from an Islamic perspective, several fundamental principles come into play, making it difficult to reconcile with halal earnings.

The primary issues revolve around the nature of futures trading, the business model’s implicit reliance on high failure rates, and the absence of real economic value creation.

Riba Interest and Financial Fraud

While Earn2trade’s direct business model doesn’t explicitly involve Riba in its core subscription, the broader financial ecosystem of futures trading can be intertwined with interest-based practices. More importantly, the spirit of permissible finance is about fair exchange and avoiding fraud or deceptive practices. Pivotallegacyplanning.co.uk Reviews

Indirect Exposure to Riba: While Earn2trade itself isn’t a loan provider, proprietary trading firms operate within a conventional financial system where Riba is pervasive. Trading futures can indirectly involve interest-based instruments or market mechanisms that are not sharia-compliant.
Potential for Unfairness: The low pass rates 10.42% of candidates passing their exams in 2024 raise questions about the inherent fairness of the model. While presented as a merit-based system, the significant number of failed attempts contributes to the firm’s revenue, making it akin to a gatekeeper profiting from numerous unsuccessful attempts. This can be seen as a form of financial exploitation, which Islam prohibits.

Gambling Maysir and Excessive Uncertainty Gharar

These are arguably the most significant concerns when it comes to futures trading and prop firm models like Earn2trade.

Speculative Nature: Futures trading, as practiced by most participants and certainly implied by a “prop firm” model, is inherently speculative. The goal is to profit from price movements without any genuine intention of taking delivery of the underlying commodity. This aligns closely with the definition of Maysir gambling in Islam, where gain is dependent on chance and speculation rather than productive effort.
Absence of Real Assets: The trading often involves contracts rather than tangible assets. There is no transfer of real goods or services that adds value to the economy. It’s a zero-sum game where one person’s gain is another’s loss, primarily based on market speculation.
Uncertainty in Outcome: While skill is involved, the market is subject to unpredictable forces. The significant uncertainty Gharar in the outcome of trades, where large sums can be won or lost rapidly, makes it problematic. Islamic transactions require clarity and certainty to avoid disputes and exploitation.

The website’s own “Risk Disclosure” states, “Futures trading contains substantial risk and is not for every investor.

An investor could potentially lose all or more than the initial investment.” This candid admission reinforces the high-risk nature, which from an Islamic viewpoint, should lead to caution, if not outright avoidance.

Lack of Productive Economic Activity

Islamic finance promotes economic activities that lead to the production of real goods and services, fostering societal well-being and growth.

No Value Creation: Futures trading, especially for speculative purposes, does not directly produce goods, offer services, or employ people in a productive way. It’s an activity focused on moving money around based on price fluctuations.
Focus on Volatility: The profitability often hinges on market volatility, which can be detrimental to the real economy. Instead of contributing to stability, it thrives on instability.

From an Islamic perspective, our earnings should be a blessing barakah, achieved through honest and productive means. Bellababy.co.uk Reviews

Engaging in activities that are fundamentally speculative or resemble gambling can diminish the blessing in one’s wealth, regardless of the perceived financial gains.

Earn2trade.com Pricing and Subscription Model

Earn2trade’s pricing structure revolves around monthly subscription fees for their evaluation programs.

This model, while common in the “prop firm” industry, has implications when viewed through an Islamic lens, particularly given the high failure rates.

Subscription Tiers and Costs

The website implies a monthly payment option for their challenges, as mentioned in a testimonial: “the challenges are structured perfectly, especially with the option to pay monthly, so that means there is no stress on how much time it takes to pass.” While exact figures aren’t clearly visible on the homepage, such models typically involve recurring fees.

Recurring Revenue for the Firm: The monthly subscription model ensures a steady income stream for Earn2trade, regardless of whether a trader passes the evaluation. Given the 10.42% pass rate in 2024, it means a significant majority of subscribers are paying for an unsuccessful attempt.
Financial Burden on Aspirants: For many aspiring traders, these monthly fees can accumulate, especially if they attempt the evaluations multiple times. This represents a continuous financial outlay with a very low probability of success, making it a high-risk investment of personal funds.

The True Cost of “Opportunity”

Beyond the direct monetary cost, there’s the cost of time and effort. Englishwithlaura.com Reviews

Individuals invest considerable time in learning, practicing, and attempting to pass these evaluations.

Time Investment: Hours are spent analyzing markets, practicing trades, and adhering to strict rules. This time could be invested in truly productive and permissible endeavors.
Emotional Toll: The high-pressure environment and the frequent failures can lead to significant emotional stress and disappointment, impacting one’s well-being.
Opportunity Cost: The resources time, money, effort expended on these speculative ventures could be channeled into developing legitimate skills, starting a halal business, or investing in sharia-compliant assets that offer real growth and value.

The pricing model, while standard for this industry, accentuates the concerns when paired with the low success rates and the questionable nature of the underlying activity from an Islamic perspective.

Earn2trade.com Alternatives: Seeking Halal Income

Given the significant concerns regarding Earn2trade.com and similar platforms due to elements of Riba, Maysir, and Gharar, it is imperative for a Muslim to seek alternative, halal means of income generation.

Our faith emphasizes honest work, productive enterprise, and wealth accumulation through permissible and ethical channels.

Entrepreneurship and Business Ventures

Starting a business is a highly encouraged path in Islam, as it involves creating value, serving the community, and taking calculated, real-world risks. Mediacp.eu Reviews

E-commerce Online Stores: Selling physical products online, whether dropshipping with proper agreements and ownership transfer or holding inventory, is a legitimate form of trade. This involves a clear exchange of goods for money.
Service-Based Businesses: Offering skills such as web design, freelance writing, digital marketing, consulting, or any other professional service creates direct value for clients.
Local Businesses: Setting up a small shop, a restaurant serving halal food, or providing local services addresses direct community needs and generates tangible economic activity.
Agriculture and Manufacturing: Investing in or operating businesses that produce tangible goods, such as food, clothing, or essential items, aligns perfectly with Islamic principles of productive labor.

Example: Instead of speculating on futures contracts, one could use initial capital to purchase inventory for an online store selling modest clothing or Islamic books, thereby engaging in real trade. Data shows that the global e-commerce market continues to grow, projected to reach $8.1 trillion by 2026 Statista, 2023, offering vast opportunities for halal earnings.

Halal Investments

For those looking to grow their wealth, various sharia-compliant investment options exist that avoid Riba, Maysir, and Gharar.

Sharia-Compliant Stocks: Investing in companies that adhere to Islamic ethical guidelines e.g., no alcohol, tobacco, gambling, interest-based finance, or excessive debt. Many Islamic indices and mutual funds exist to help identify these.
Sukuk Islamic Bonds: These are certificates representing ownership in tangible assets or a share in a specific project, offering returns based on rental income or profit-sharing, rather than interest. The global Sukuk market reached $968 billion in 2023 Islamic Financial Services Board, 2024, demonstrating its viability.
Real Estate: Investing in properties for rental income or resale after physical possession is a widely accepted and encouraged form of wealth accumulation.
Mudarabah and Musharakah: These are Islamic financing instruments based on profit-sharing and joint ventures, where both parties share in profits and losses, promoting fairness and partnership.

Skill Development and Employment

Focusing on acquiring valuable skills and seeking employment in ethical industries is a stable and permissible path.

IT and Tech Skills: Learning coding, data analysis, cybersecurity, or AI skills opens doors to numerous job opportunities in a rapidly growing sector. The tech industry offers stable and often high-paying jobs that create real value.
Healthcare and Education: Professions in healthcare doctors, nurses or education teachers, trainers are noble and provide essential services to society.
Trades and Vocational Skills: Becoming an electrician, plumber, carpenter, or mechanic involves providing valuable and tangible services.
Digital Marketing and Content Creation: Developing expertise in SEO, social media management, or content writing can lead to freelance opportunities or stable employment.

According to a LinkedIn report from 2023, digital skills are among the most in-demand globally, with roles like Data Analyst and Digital Marketing Specialist seeing consistent growth, offering stable career paths that align with Islamic principles of earning.

By diverting attention and resources away from speculative ventures like prop trading and towards these legitimate, value-creating, and halal alternatives, Muslims can ensure their earnings are blessed and contribute positively to their lives and the broader economy. Walcothouse.com Reviews

How to Avoid Unscrupulous Platforms and Scams

The online financial world is rife with platforms that promise quick riches, and while Earn2trade isn’t explicitly labeled a “scam” in the traditional sense, its high barrier to actual live funding and reliance on a high attrition rate can be viewed as an ethically dubious model.

It’s crucial for Muslims to exercise extreme caution and discernment to avoid such platforms and outright scams.

Due Diligence and Research

Before engaging with any online financial platform, thorough research is non-negotiable.

Check Regulatory Status: Does the platform operate under any financial regulations? For prop firms, this is often murky, as they are not brokerages. Earn2trade mentions being “Earn2Trade LLC, 30 N Gould St STE 4000, Sheridan, WY 82801,” but this is a registered office, not necessarily a financial regulatory body.
Read Reviews, Critically: While Earn2trade displays Trustpilot reviews, remember that such reviews can be curated or influenced. Look for independent forums, Reddit threads, and diverse opinions. Pay attention to common complaints, especially regarding withdrawals, unexpected fees, or account closure policies.
Understand the Business Model: How does the platform make money? If it’s primarily through subscription fees or selling “courses” to a large number of people who are unlikely to succeed, it raises a red flag. Earn2trade’s 10.42% pass rate is a stark indicator of its revenue model.
Search for Disclaimers: Read all disclaimers carefully. Earn2trade’s disclaimers about “substantial risk” and “hypothetical performance limitations” are important, though often overlooked by hopeful individuals.

Red Flags to Watch Out For

Certain characteristics should immediately raise suspicion.

Guaranteed Returns or High, Unrealistic Profits: No legitimate investment or trading activity can guarantee returns, especially not high ones. This is a classic scam tactic.
High-Pressure Sales Tactics: Urgency, limited-time offers, or pressure to “act now” before you’ve had time to research are significant red flags.
Lack of Transparency: Vague information about fees, terms, or the exact process of “funding” should make you wary.
Unsolicited Offers: Be extremely cautious of emails, DMs, or calls from unknown sources promising financial opportunities.
Complex or Undefined Products: If you can’t clearly understand what you’re buying or investing in, or if the terminology is overly complex without clear explanation, it’s a warning sign.
Reliance on “Hypothetical” Performance: As seen with Earn2trade, many platforms show “hypothetical performance results.” As they state, “hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading.” This means past simulated success does not guarantee future live success.

Protecting Your Finances

Beyond avoiding scams, practice general financial prudence. Digicommerce.in Reviews

Never Invest More Than You Can Afford to Lose: Especially in high-risk ventures, this rule is paramount.
Use Strong Passwords and Two-Factor Authentication: Protect your accounts from unauthorized access.
Be Skeptical of “Coaching” or “Mentorship” Upsells: While legitimate coaching exists, many prop firm models have an ecosystem of expensive, often ineffective coaching programs designed to extract more money from aspiring traders.

How to Cancel Earn2trade.com Subscription

If, after careful consideration, you decide that Earn2trade.com or similar platforms do not align with your financial goals or Islamic principles, canceling your subscription promptly is important to avoid further charges.

Based on typical online service models and customer testimonials, the process usually involves accessing your account settings.

Steps to Cancel Your Subscription

While specific steps might vary slightly, generally, you’d follow these instructions:

Log In to Your Account: Access your Earn2trade.com dashboard using your registered credentials.
Navigate to Billing or Subscription Settings: Look for sections labeled “Subscription,” “Billing,” “Account Settings,” or “My Plans.” These are typically found in a sidebar menu or under your profile icon.
Locate Your Active Subscription: Identify the specific program you are subscribed to e.g., Trader Career Path®, Gauntlet Mini™.
Initiate Cancellation: There should be an option to “Cancel Subscription,” “Manage Plan,” or “Do Not Renew.” Click on this option.
Confirm Cancellation: You might be prompted to confirm your decision or provide a reason for cancellation. Follow the prompts to complete the process.
Verify Confirmation: After cancellation, you should receive an email confirmation. Keep this for your records. If you don’t receive one within a few hours, contact their customer support.

A testimonial on their site mentions: “I passed the evaluation one day before paying the monthly fee again and they confirmed everything the same day in order to let me cancel the subscription and avoid being charged the next day.

Really amazing service.” This indicates their cancellation process is responsive, which is a positive sign for users looking to discontinue services. Surrealsucculents.co.uk Reviews

Important Considerations for Cancellation

Timing: Be mindful of your billing cycle. To avoid being charged for the next month, cancel well before the next billing date. Some services require cancellation a few days in advance.
Refund Policy: Understand if any prorated refunds are applicable. Generally, monthly subscriptions are non-refundable once the billing cycle begins.
Data Retention: If you have any journaling or progress data you wish to keep, download it before your access is revoked.
Contact Support if Needed: If you encounter any issues or cannot find the cancellation option, immediately contact Earn2trade’s customer support. Their website lists “Contact Support” as a direct option.

Discontinuing services that do not align with one’s ethical or religious convictions is a proactive step towards ensuring financial integrity and peace of mind.

By canceling promptly, you can redirect your resources towards more permissible and beneficial endeavors.

How to Cancel Earn2trade.com Free Trial

While Earn2trade.com’s homepage doesn’t explicitly advertise a “free trial” in the conventional sense e.g., a 7-day free period for a product, some online services might offer introductory periods or deeply discounted first months that function similarly.

If Earn2trade were to offer such a trial or an initial low-cost period, the cancellation process would mirror that of a full subscription, but with added vigilance to avoid automatic conversion to a paid plan.

General Steps for Canceling a “Trial”

Assuming a trial or introductory offer exists, the steps would be largely identical to a full subscription cancellation: Armlocksmiths.com Reviews

Log In: Access your account on Earn2trade.com.
Locate Subscription/Billing: Navigate to the section managing your active plans or billing details.
Find Trial Details: Identify any active trial or introductory offer. It might be listed differently from a regular subscription.
Opt Out of Auto-Renewal: The crucial step for trials is to ensure you “opt out of auto-renewal” or explicitly “cancel” the trial before it converts to a paid subscription. This is often a separate button or setting within the trial management section.
Confirm Cancellation: As always, ensure you receive a confirmation email.

Key Points for Trial Periods

Read Terms Carefully: Before signing up for any trial, meticulously read the terms and conditions. Pay close attention to:
- Trial Duration: How long does the trial last e.g., 7 days, 14 days, 30 days?
- Conversion Date: Exactly when will the trial convert to a paid subscription? Mark this date on your calendar.
- Cancellation Deadline: Is there a specific window or number of days before conversion by which you must cancel?
- What You Get During Trial: Are there any limitations on features or access during the trial period?
Payment Information: If you’re required to provide payment information for a “free trial,” this is a strong indicator that it will auto-convert to a paid subscription. Set a reminder to cancel well in advance if you don’t intend to continue.
Monitor Bank Statements: After cancelling, monitor your bank or credit card statements for a month or two to ensure no unexpected charges appear.

Even with a trial, the underlying activity futures trading still presents the same Islamic concerns.

A trial merely offers a temporary glimpse into an activity that might not be permissible in the long run.

It’s an opportunity to assess the platform’s user experience, but it doesn’t mitigate the ethical questions associated with the core business model.

For a Muslim, the ultimate decision should rest on the permissibility of the activity itself, not just the cost of access.

Earn2trade.com Pros and Cons Focusing on Cons from an Islamic Perspective

When reviewing Earn2trade.com through an Islamic lens, the “pros” typically touted by the platform e.g., access to capital, structured learning are overshadowed by fundamental ethical and religious “cons.” Therefore, the focus here is primarily on the drawbacks from an Islamic perspective, as these are the critical factors for a Muslim individual. Lexonik.co.uk Reviews

Cons from an Islamic Perspective:

Involvement in Futures Trading Gharar and Maysir:
- Excessive Uncertainty Gharar: Futures contracts often lack certainty in outcome and involve significant speculation on future prices rather than the exchange of tangible assets. This ambiguity can lead to unfair gains and losses.
- Gambling-like Activity Maysir: The highly speculative nature of futures trading, especially intraday trading, where one aims to profit from rapid price movements without genuine intention of taking delivery, closely resembles gambling. It’s a zero-sum game primarily driven by speculation rather than productive economic activity.
- Lack of Qabdh Possession: Islamic finance emphasizes the importance of actual or constructive possession of an asset before its sale. In futures trading, speculative participants rarely take possession of the underlying commodity, which violates this principle.
Ethical Concerns with the Business Model:
- High Failure Rate: Earn2trade’s own 2024 data shows only 10.42% of candidates passed their examinations. This means the vast majority of subscribers pay monthly fees for an unsuccessful attempt. The model arguably profits significantly from mass failures rather than widespread success, raising questions about fairness and potential exploitation of aspirations.
- Revenue from Fees: The primary revenue stream appears to be the subscription fees paid by aspiring traders, rather than profits from successful funded traders. This structure can incentivize keeping evaluation challenges difficult to ensure a continuous stream of subscription payments from those attempting to pass.
Absence of Real Economic Value Creation:
- Speculative Rather Than Productive: Futures trading, particularly when done for speculative purposes, does not contribute to the production of real goods or services. It does not create jobs in a meaningful, productive sense or add tangible value to the economy, which is a core tenet of Islamic economic principles.
- Focus on Market Volatility: Profitability in such models often depends on market volatility, which can be seen as exploiting market instability rather than fostering economic growth and stability.
Indirect Exposure to Riba Interest:
- While Earn2trade itself does not directly charge interest, the broader financial markets in which futures are traded are heavily integrated with interest-based mechanisms and institutions. Engaging in these markets can indirectly support or involve activities that are fundamentally reliant on Riba.
Risk of Financial Loss and Misguided Hope: Nxtartstudio.nl Reviews
- Substantial Risk: As explicitly stated in their disclaimers, futures trading involves “substantial risk.” For a Muslim, putting hard-earned money into such high-risk, questionable ventures is discouraged.
- False Hope: The marketing can instill a sense of hope for “getting funded” that, statistically, is unlikely for the vast majority of participants. This can lead to significant financial and emotional distress.

From an Islamic perspective, the ethical drawbacks of Earn2trade.com significantly outweigh any perceived benefits of learning to trade futures.

The focus should be on pursuing halal, productive, and transparent means of earning.

Earn2trade.com vs. Competitors A Broader Look at Prop Trading Firms

When examining Earn2trade.com in comparison to its competitors in the “prop trading firm” space, it becomes clear that many share similar fundamental characteristics and, consequently, the same ethical and Islamic concerns.

While specific rules, pricing, or supported instruments might differ, the core model — offering funded accounts after a simulated evaluation — remains largely consistent.

Commonalities Across Prop Trading Firms:

Evaluation Programs: Almost all prop firms operate on an evaluation model, where traders must pass one or more phases of simulated trading to prove their consistency and risk management skills. Examples include The Funded Trader, FTMO, Topstep, etc.
Futures Trading Focus: Many prominent prop firms, including Earn2trade, focus heavily on futures trading due to its liquidity and the structure of these markets.
Monthly Subscription Fees: The primary revenue model for most of these firms is through recurring monthly subscription fees paid by aspiring traders for access to their evaluation platforms.
Strict Risk Management Rules: All firms impose strict rules regarding drawdown limits, maximum daily losses, and consistency, designed to protect their capital once a trader is funded or, more commonly, to ensure traders fail the evaluation.
Low Pass Rates: Industry-wide, the pass rates for these evaluations are notoriously low. Earn2trade’s 10.42% pass rate is consistent with or even higher than some competitors. This underscores the difficulty and the fact that most participants will not “get funded.” For instance, some reports for other major prop firms also indicate single-digit pass rates for initial challenges.
Profit Split Model: For those who do pass and get funded, a profit split e.g., 80/20, 90/10 in favor of the trader is standard. However, the hurdle to reach this stage is significant.

Key Differences Often Minor in Islamic Context:

While seemingly important, these differences often don’t resolve the core Islamic concerns: Focusgroup.co.uk Reviews

Specific Rules: One firm might have a slightly different profit target or drawdown limit than another.
Supported Instruments: While Earn2trade focuses solely on futures, some firms might allow forex or even problematic crypto trading.
Platform Integration: Different firms might integrate with various trading platforms e.g., NinjaTrader, MetaTrader.
Customer Support and Community: Quality of support or the presence of a community forum can vary.
Pricing: Subscription costs might differ by a few dollars or offer different initial virtual account sizes.

From an Islamic standpoint, these differences are largely superficial. Whether a firm allows forex or futures, has a 10% or 5% pass rate, or charges $50 or $100 per month, the underlying activity often remains problematic due to Gharar, Maysir, and the extractive nature of profiting from high failure rates.

The Bottom Line: Consistent Islamic Concerns

The comparative analysis reveals that Earn2trade.com is representative of a broader industry segment that, by its very nature, tends to conflict with Islamic financial principles. The consistent presence of:

Speculative financial instruments futures, forex, crypto lacking genuine value transfer.
Business models heavily reliant on fees from a large pool of unsuccessful applicants.
Absence of tangible value creation or productive economic activity.

Means that from an Islamic perspective, one should approach all such “prop trading” firms with extreme caution, if not outright avoidance.

The alternatives discussed previously — honest trade, halal entrepreneurship, and sharia-compliant investments — offer far more secure, ethical, and blessed pathways to wealth and livelihood.

Frequently Asked Questions

What is Earn2trade.com?

Based on looking at the website, Earn2trade.com is an online platform that provides evaluation programs designed to identify and fund aspiring traders in the futures market. The-regs.co.uk Reviews

They offer simulated trading challenges, and if a candidate successfully passes, they are offered a funded trading account with a proprietary trading firm.

Is Earn2trade.com legitimate?

Yes, Earn2trade.com appears to be a legitimate company in the sense that it operates as advertised, offering evaluation programs for futures trading.

However, “legitimate” does not equate to “permissible” from an Islamic perspective, given the concerns around speculation Maysir and excessive uncertainty Gharar in futures trading, as well as the high failure rates of their evaluation programs.

What products does Earn2trade.com offer?

Earn2trade.com primarily offers two evaluation programs: the Trader Career Path® and The Gauntlet Mini™. Both are designed to test a trader’s skills in a simulated futures trading environment with the aim of getting them funded.

What is the Trader Career Path®?

The Trader Career Path® is an evaluation program offered by Earn2trade.com where traders start with a virtual account e.g., $25,000, $50,000, or $100,000 and must demonstrate consistent profitability and adherence to risk management rules to get funded and potentially scale up to larger accounts.

What is The Gauntlet Mini™?

The Gauntlet Mini™ is another evaluation program from Earn2trade.com, specifically designed for intraday traders.

It’s a more condensed challenge, requiring traders to pass within 10 trading days while adhering to strict risk management to get funded.

What kind of trading does Earn2trade.com focus on?

Earn2trade.com explicitly focuses on futures trading.

They permit trading of Futures products listed on exchanges like CME, COMEX, NYMEX, and CBOT, while explicitly stating that Stocks, Options, Forex, Cryptocurrency, and CFDs are not permitted.

How difficult is it to pass Earn2trade.com’s evaluations?

Based on their own disclaimer, it is very difficult.

In 2024, only 10.42% of candidates passed the Trader Career Path® / Gauntlet Mini™ examinations. This indicates a high failure rate.

How much does Earn2trade.com cost?

Earn2trade.com operates on a monthly subscription model for its evaluation programs.

While specific figures aren’t prominent on the homepage, testimonials suggest a monthly payment option.

The exact cost depends on the chosen program and virtual account size.

Can I get a refund if I fail an Earn2trade.com evaluation?

Generally, monthly subscription fees for such evaluation programs are non-refundable once the billing cycle has started, regardless of whether a trader passes or fails.

You pay for access to the evaluation, not a guarantee of passing.

How do I cancel my Earn2trade.com subscription?

Yes, you can cancel your Earn2trade.com subscription.

Typically, you would log into your account, navigate to your billing or subscription settings, and find an option to cancel or manage your plan.

It’s advisable to cancel before your next billing cycle to avoid further charges.

Does Earn2trade.com offer a free trial?

The Earn2trade.com homepage does not explicitly advertise a “free trial.” If they were to offer one, the process of cancellation would be similar to a regular subscription, focusing on opting out of auto-renewal before the trial period ends.

What are the main risks associated with Earn2trade.com?

The main risks include the high probability of losing your subscription fees due to the low pass rate only 10.42% pass rate in 2024, the substantial financial risk inherent in futures trading itself as stated in their disclaimer, and the potential for significant time and emotional investment without a successful outcome.

Is futures trading permissible in Islam?

Generally, futures trading is considered problematic or impermissible in Islam due to elements of Maysir gambling, Gharar excessive uncertainty, and the lack of Qabdh possession of the underlying asset at the time of the contract.

It is often seen as speculation rather than a genuine exchange of goods or services.

What are some halal alternatives to Earn2trade.com?

Halal alternatives include engaging in honest entrepreneurship e.g., e-commerce, service-based businesses, making sharia-compliant investments e.g., halal stocks, sukuk, real estate with rental income, and developing valuable skills for ethical employment or freelance work that creates real value.

Does Earn2trade.com offer any educational resources?

Earn2trade.com does offer resources, including a “Beginner Crash Course” and a blog.

While education is valuable, it’s important to consider if the knowledge acquired is applied to permissible activities.

Can I withdraw profits from Earn2trade.com if I get funded?

Yes, if you successfully pass the evaluation and get funded, Earn2trade.com states that you can “withdraw your profit.” They also mention “Easy Withdrawals” and “Crypto Payouts.” However, the challenge is getting to the funded stage, as only 10.04% of those who passed traded a Live account in 2024.

What is the profit split with Earn2trade.com?

The website’s homepage doesn’t explicitly state the profit split percentage, but typically, prop firms offer a significant portion of profits to the trader e.g., 70-90% after funding.

Does Earn2trade.com have good customer support?

Testimonials on the website suggest positive customer support experiences, with clients praising “easy and fast communication” and “outstanding customer service.”

Is Earn2trade.com regulated?

Earn2trade LLC is registered in Wyoming, USA.

However, it’s crucial to distinguish between a general business registration and specific financial regulatory oversight for trading firms or brokerages, which they are not. They are an evaluation firm.

Why should a Muslim avoid platforms like Earn2trade.com?

A Muslim should avoid platforms like Earn2trade.com primarily because they facilitate futures trading, which often falls under the forbidden categories of Maysir gambling and Gharar excessive uncertainty in Islamic finance.

Furthermore, the business model’s reliance on a high number of unsuccessful attempts by aspirants can be seen as an ethically problematic extraction of funds from hopeful individuals.

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