Update, December 2, 2024
Appius Trading Limited, one of the prop firms servicing Earn2Trade traders, finished the compliance procedures for onboarding with 2 separate futures brokers - both highly regarded and well-known industry participants. Currently the conversations with these brokers center around the particularities of account setups, workflow and other day-to-day work related questions. The current time estimate for new account setups is about 3-4 weeks - barring any issues from scheduling during the holiday season.
Update, October 16, 2024
Currently, Live account setups are delayed at Earn2Trade's connected prop firms. You are welcome to take LiveSim® accounts at any point or wait for the Live account to be assigned.
Background:
After 4 years of working together with Phillip Capital, they have ceased to accept new customers. Currently only existing users are allowed to trade anymore and we can't add other traders to that roster. We have a great relationship with Phillip and will continue to work with them with existing users.
This of course causes a delay in the Live account setups. Earn2Trade's funding partners have been looking for brokerages which would on-board traders coming from a sim-to-funded firm. We are happy to report that we managed to find two candidates already. One of them accepted our documentation already and we are working on the details of account setups. The other one has verbally agreed to house our traders and we will commence the setting up of the main account and passing through their compliance.
As always, we are dedicated to a business model where traders are not only encouraged, but actually pushed towards trading Live accounts and earning for the benefit of both us and them. We can not imagine the business otherwise.