Earn2Trade vs FXIFY_ Which Has Easier Rules to Pass

Choosing the right trading evaluation program can significantly impact your path to becoming a funded trader. Two popular options in the prop trading world are Earn2Trade and FXIFY. Both platforms offer opportunities for traders to prove their skills and earn access to funded accounts, but they differ in their rules, evaluation parameters, and difficulty. Understanding which platform has easier rules to pass requires a detailed comparative analysis.

Overview of Earn2Trade

Earn2Trade is well-known for its educational programs and trader development as well as its trader career path program. Their flagship product, the Gauntlet Mini and Gauntlet challenges, are designed to provide traders with simulated accounts where they must meet specified profit and risk management targets within a set timeframe. Passing these challenges opens the door to a funded account with an affiliated prop firm.

The rules of Earn2Trade’s Gauntlet challenge typically emphasize consistency, risk management, and trading discipline. Traders need to reach a profit target, avoid breaching a daily loss limit, and keep the maximum drawdown within prescribed limits. These parameters aim to simulate the real environment of a professional trading desk.

Overview of FXIFY

FXIFY, on the other hand, offers a distinct path toward becoming a funded trader, focusing primarily on forex trading. Their evaluation program also involves trading a demo account under specified rules concerning target profits, drawdowns, and trading days. FXIFY prides itself on providing relatively straightforward rules and transparent conditions to facilitate traders passing the challenge efficiently.

The program encourages traders to show their capability in managing risk while hitting designated profit goals. Like Earn2Trade, FXIFY also limits the drawdown and sets daily loss limits to ensure traders maintain discipline.

Profit Targets: Comparing Earn2Trade and FXIFY

Profit targets are a major factor in determining how challenging a trading evaluation is. Earn2Trade’s Gauntlet Mini typically requires traders to reach a profit target of 10% of the initial deposit, which must be achieved within 15 trading days. The full Gauntlet challenge demands a 10% profit as well but allows 30 trading days, offering more time for consistency.

FXIFY’s profit target, meanwhile, commonly stands at 8% of the initial balance within a time frame of 30 calendar days. This somewhat lower target can make the challenge slightly easier to pass if the trader can maintain consistent performance.

While the time frames are similar, FXIFY’s marginally lower profit target does represent a potentially easier benchmark for many traders compared to Earn2Trade’s more aggressive 10% profit goal.

Risk Management Rules: Loss Limits and Drawdown

Managing risk is critical in these challenges, and both platforms enforce strict rules to prevent excessive losses. Earn2Trade’s daily loss limit usually amounts to 5% of the starting account balance, and the maximum drawdown permitted generally sits at 10%. These limits are active throughout the challenge and must not be breached or the challenge ends in failure.

FXIFY implements a slightly different approach with a daily loss limit of 3% and a maximum drawdown of 8% on funded accounts, although their demo challenge tends to allow a more forgiving drawdown percentage, often around 10%. The lower daily loss limit can feel more restrictive, but the demo environment may offset this with flexibility in overall drawdown limits.

Overall, both platforms prioritize protecting capital, but FXIFY’s lower daily loss limit could make it more challenging to absorb a single bad trading day. The daily loss rules in Earn2Trade are generally considered to be a bit more flexible, making it somewhat more accommodating for volatile market conditions.

Timeframe to Pass the Challenge

The duration offered to pass the evaluation plays a crucial role in the difficulty of the rules. Earn2Trade offers 15 to 30 trading days depending on the challenge (Gauntlet Mini or Gauntlet). This means that weekends and holidays do not count as trading days, which can be advantageous for traders who prefer a paced approach to meet the profit targets without rushing.

FXIFY’s challenges generally span 30 calendar days, giving traders a fixed time regardless of market holidays. This rigidity can be inconvenient if there are few trading days within the 30-day window. Consequently, Earn2Trade’s approach often seems more trader-friendly because it provides more usable trading time.

Number of Trades and Trading Style Restrictions

Earn2Trade allows traders considerable freedom in trading style and does not impose a minimum number of trades. This means traders can employ strategies ranging from scalping to swing trading without penalty, as long as they meet profit and risk management criteria. This flexibility allows traders to play to their strengths.

FXIFY, in contrast, requires a minimum number of trades—usually at least 10 trades across the challenge period to qualify for a pass. This rule encourages active trading and prevents traders from holding out for a single large winning position. While this can help minimize risk of “lucky” trades passing the challenge unduly, it may pose a challenge for traders with more measured or less frequent trading approaches.

Traders who prefer more discretion in trade frequency may find Earn2Trade’s rules easier to navigate in this regard.

Account Scaling and Funded Account Options

Once a trader passes the evaluation challenge, both platforms provide funded accounts but differ in their offerings. Earn2Trade typically connects traders with multiple funding firms, allowing for account sizes from $25,000 up to $150,000 or more. The funded account scaling is often more flexible, enabling traders to increase their allocation after demonstrating consistency with monthly targets.

FXIFY offers various account sizes as well, mostly focusing on forex trading, but might be slightly more limited in the range of funding available. Both firms offer sessions on transparency, but Earn2Trade’s broader ecosystem and educational resources may make the entire journey smoother for traders aiming to scale up.

Support and Educational Resources

A noteworthy advantage Earn2Trade holds is its commitment to trader education and support. Earn2Trade provides educational resources, webinars, and a community environment that aids traders throughout the evaluation and beyond. Such resources can be pivotal in helping traders understand and meet the evaluation rules more effectively.

FXIFY offers support primarily focused on the evaluation and funded account service, but it generally lacks the depth of educational content provided by Earn2Trade. For traders who value learning and continuous development alongside the challenge, Earn2Trade may present an easier and more comprehensive path due to these added resources.

User Experience and Platform Interface

Ease of use can indirectly influence the difficulty of passing a challenge. Earn2Trade’s user interface, including its trader dashboard and reporting tools, is designed to give clear feedback on performance against daily loss limits, drawdown, and profit target progress. Real-time feedback helps traders manage their accounts effectively and avoid surprises.

FXIFY’s platform is streamlined and easy to use, but it may not provide as much real-time insight. For new or less experienced traders, Earn2Trade’s better information flow can enhance the ability to stick to the rules, effectively making the challenge easier to navigate.

Which Program Has Easier Rules to Pass?

When weighing the relative difficulty of Earn2Trade versus FXIFY’s evaluation rules, the answer depends on the trader’s style and priorities. FXIFY’s lower profit target and slightly easier drawdown allowances might initially appear more accessible. However, FXIFY’s calendar-day challenge timeframe and stricter daily loss limit, combined with a mandatory minimum number of trades, introduce constraints that may increase challenge difficulty.

Earn2Trade’s challenge requires a higher profit target but offers more flexible daily and maximum loss limits, more trading days to achieve goals, and no minimum trade count. Its educational resources, transparency, and trader-friendly dashboard provide additional support, which can all combine to make the rules easier to understand and manage.

Ultimately, traders who prefer a more flexible, education-supported environment with fewer trading style restrictions are likely to find Earn2Trade’s rules easier to pass. Those who thrive on structure and more active trading requirements might lean toward FXIFY, but should be prepared for stricter daily risk constraints.

Final Considerations for Traders Choosing Between Earn2Trade and FXIFY

Before enrolling in either program, traders should assess their trading style, risk tolerance, and the market instruments they focus on. Earn2Trade’s wider product offering and educational components make it suitable for traders who want to develop skills thoroughly while working toward funding. Its rules are constructed to mimic real proprietary funding environments with some flexibility.

FXIFY’s more forex-centric approach and streamlined challenge can appeal to those solely focused on currency trading and who prefer clear-cut, short-term targets. However, the stricter daily loss and minimum trade requirements may challenge less active or more conservative traders.

Reviewing detailed challenge terms and trialing demo accounts on each platform, when possible, will provide practical insight into which rule set suits the trader best. The easier rules to pass will always depend partly on personal trading habits and the ability to adapt to risk and profit targets outlined.