Prop Trading Firm Earn2Trade Creates Funding Trading, Newest Futures Project
Among the leading prop firms in the US, Earn2Trade (E2T) has notified its customers about the introduction of a new project named Funding Trading. The latter’s goal is to trade futures only, which is a growing trend among investors and businesses venturing into trader-funded firms.
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ToggleFunding Trading, a New Endeavor from Earn2Trade
E2T is a prop trading firm that has been in operation for a long time in the US, providing retail traders with funded accounts worth as much as $400,000. It only offers CME exchange futures trading and no CFD contracts leveraged trading, separating it from competitors.
Funding Trading copies Earn2Trade’s portfolio but with fewer challenges and evaluation programs. In exchange, prop traders have the opportunity to utilize extra choices that better their chances of success.
Even though Funding Trading hasn’t been officially announced on E2T’s social media platforms, details are being shared on Earn2Trade’s Discord. Participants have received emails regarding Funding Trading, which was referred to as an “affiliate company”.
Further proof that the brands are undeniably linked, as they both operate under the same company, EDX Education Services L.L.C.
Proprietary Firms Are Embracing Futures Trading
Although Earn2Trade prioritized futures trading from the get-go, prop firms that used to specialize in FX/CFD are dabbling in the futures domain. They are beginning to launch new brands that exclusively focus on the futures market.
Last month only Crypto Fund Trader launched the Crypto Futures Platform. Furthermore, The Funded Trader previously made a comparable choice by introducing The Futures Trader platform. For a while now MyFundedFX has also been operating MyFundedFutures, a futures distinct brand.
Jon Light, the OTC Chief at Devexperts, the DXtrade platform creators for retail traders, discussed the increasing demand for futures in proprietary trading.
Light noted that there is a high demand for futures trading, particularly as the prop industry expands and seeks out fresh avenues. “There is strong demand for futures trading technology, especially as the rapidly growing prop trading segment explores new opportunities,” TradingTech Insight quotes Jon: “Additionally, we differentiate ourselves by offering expert guidance and support to clients entering the brokerage business.”
