I case you are interested in trading, you do not need to spend your early step for learning and practicing. You need to have strong foundation before you start trading. You may need to find good place to learn, and ear2trader can become one of the choice. It is not broker but you still can get chances to get benefits from trading. However, it is basically a learning platform where you can learn and practice trading. In Earn2Trade, the focus is on futures. Professional and seasoned traders will guide and teach you as the mentors so you can learn.
Earn2Trade is reliable platform for you to start your journey in trading. Even, the platform is already approved by NFA or National Futures Association, the most trusted regulator in futures market. Thus, you do not need to worry about its reliability. Once you have learned and gained enough skills, you can have your trading and you only need to pay $90 as its subscriber fee to gain the access. It gives account to use trading platform and it already includes various analytics to help you. There will be scheme of profit distribution because you can use the capitals in trading.
In addition to futures, forex becomes other popular trading instruments. You can choose broker or the forex prop firms. The forex proprietary firms are quite specials and it is different from regular forex brokers. In the prop trading firms, you can have both long and short term trading by using the money provided by the firm. In other word, you are not going to use your own capital or funds in trading. Of course, traders will not use the funds for free because there will be mechanism of profit sharing or distribution and other mechanism to manage the profits earned by the traders and the firms.
The forex prop trading firms surely provide some benefits. First, it gives great leverage opportunities so traders can utilize it to gain large position when they are trading in the market. Then, mostly the prop firms will not take high commissions. It is not merely about the services, but normally large volume of trading always brings lower commissions in most of brokers so it is like basic mechanism. Next, being part of the firms and using the services make traders join community of professional traders. It may not have significant profits, but it gives sense of community that can have confidence boost in trading performance.
In this case, Traders Union provides some recommendations of reliable forex prop trading firms. First, it is Surge Trader. This is nice choice in term of its reliability. Then, it sets the profit sharing portion in which traders will get 75% of the profits and the firm will take the rest. The firm is not limited to the forex trading, but there are also other instruments, such as stocks, gold, and cryptocurrency. Topstep Forex is next choice. Regarding profit sharing, traders can keep whole profits for the first profit and its value is set between $5,000 up to $10,000. After the trader surpasses the range of its first profit, the profit sharing mechanism is applied but trader still can get benefits because traders still can keep up to 90% of total profits.
