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What is the LiveSim®?
What is the LiveSim®?
Francis avatar
Written by Francis
Updated over 10 months ago

Once traders pass an Earn2Trade evaluation, they have the option of continuing to the prop firm and trading on a live account, or trading on a simulated trading account, the LiveSim®.

The LiveSim® is a simulated trading account where traders can continue to hone their skills in a simulated environment, while having the benefit of being able to withdraw their profit. The simulated environment is populated by a live data feed, and can be traded on using a wide variety of trading platforms.

The LiveSim® is meant as an optional intermediary step for successful evaluation candidates, and is meant as a bridge between trading on a simulator and trading on a live account.

Please read about the difference between Live and LiveSim® accounts on our website here.

Please note that Earn2Trade's core mission is finding traders who can be profitable and a valuable addition to a proprietary trading firm. While LiveSim® is offered as an option, the proprietary trading firms, depending on your performance, may decide to provide a Live account instead of a LiveSim®.

Note:

Funded traders who choose a LiveSim® account and have a Non-professional CME status will have a one-time per-account activation fee of $139 deducted from their first withdrawal amount, covering all four CME exchanges, and the costs associated with setting up and maintaining a funded account. This fee only gets deducted if they make profits and it is exclusively applicable to their first withdrawal and not to subsequent ones. In practical terms it means that for the first withdrawal only, their profits must be sufficient to cover both the minimum withdrawal amount and the one-time setup fee. They need at least $239 in profits ($100 + $139 setup fee) to make their first withdrawal.

Those with Professional status will be charged $135/month/exchange. Traders who choose to trade on a Live account will also pay $135/month/exchange.

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