Earn2Trade (E2T), one of the most well-known prop trading firms in the US, has notified its customers of the establishment of a new band referred to as Funding Trading. The new firm intends to deal only in futures, which is gaining popularity among investors and companies attempting to break into the funded trading market.
Funding Trading, Earn2Trade’s New Brand
Earn2Trade provides retail traders with funded accounts up to $400,000, which is among the highest in the industry. The firm only focuses on futures offered on markets serviced by the CME exchange and does not provide leveraged trading on CFD contracts.
The portfolio supplied by Funding Trading is identical to its parent company, however, there are fewer accessible challenges and assessment opportunities. Investors receive extra options instead, which boosts their chances of challenge success.
More information on Funding Trading has begun to surface on Earn2Trade’s Discord channel, as the firm is yet to confirm the launch on social media officially. Emails regarding the “affiliate company” Funding Trading are reportedly being received by users. Both trademarks are undoubtedly linked, given they are owned by the same firm, EDX Education Services L.L.C.
Futures Are on the Rise in the Prop Trading Domain
Prop firms that were previously mostly focused on FX/CFD are starting to show interest in futures trading as it rapidly gains more and more traction. Businesses are launching new brands that are geared toward the futures market.
By the end of the previous month, Crypto Fund Trader introduced the Crypto Futures Platform. A similar call was made by The Funded Trader, who introduced The Futures Trader platform. Additionally, MyFundedFX has long operated MyFundedFutures as a distinct brand.
The Head of OTC at Devexperts –Creators of the DXtrade platform for retail investors– Jon Light recently discussed how futures are becoming more popular in the prop trading space.
Light stated to TradingTech Insight, “There is strong demand for futures trading technology, especially as the rapidly growing prop trading segment explores new opportunities” “Additionally, we differentiate ourselves by offering expert guidance and support to clients entering the brokerage business.”
