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Earn2Trade - Orianna Foucault (Director of Support) - Ask Me Anything (AMA)


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Earn2Trade - Orianna Foucault (Director of Support) - Ask Me Anything (AMA)

  #431 (permalink)
BertV
New Haven, CT
 
Posts: 80 since Nov 2014
Thanks Given: 73
Thanks Received: 85

If e2t is no longer responding to this thread what is the point of it? Clearly there is confusion they are not clearing up, yet this thread gives them an air of legitimacy that's not warranted. Maybe shut it down until there is some transparency.

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  #432 (permalink)
 dwt51 
Columbus, OH
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES
Posts: 55 since Sep 2011
Thanks Given: 763
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dyoung View Post
I actually am pushing back on this comment; I just spoke to their support and this is the response:
Upon acquiring $5,000.00 profit, the conditional offer will have been met and the trader will join the proprietary trading firm as a limited partner. (reference: https://help.earn2trade.com/en/articles/1479506-what-offer-will-i-receive-upon-completing-the-gauntlet)

Then I asked after the $5k in profit, would I be stuck? And the response said: You would have to wait for the new prop firm to be set up to continue, yes.

I.e. - makes no sense to continue trading after the 5k is hit.

Just for full transparency.

And to further muddy the waters, please be reminded that E2T offer two programs:
  • The 15 day Gauntlet Mini
  • The 60 day Gauntlet

That link above refers to the 60 day program. @dyoung, which program did you discuss with E2T support? Do we know if this $5k profit "limit" also applies to those passing the Gauntlet Mini?

Thanks.

dwt

PS. E2T post a different explanation of the offer received after passing the Mini program. See https://help.earn2trade.com/en/articles/3292347-what-offer-will-i-receive-upon-completing-the-gauntlet-mini

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  #433 (permalink)
 
phantomtrader's Avatar
 phantomtrader 
Reno, Nevada
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Trading: ZN, ZB, CL
Frequency: Daily
Duration: Minutes
Posts: 588 since May 2011
Thanks Given: 217
Thanks Received: 984


If someone signs up with E2T who hasn't had the advantage of reading this thread, wouldn't that be tantamount to fraud on the part of E2T? Are they including a COMPLETE disclosure as to their situation when a person signs up or are they just hoping that the person doesn't come across a detailed thread like this or some obscure partial explanation at their website?
I think for all intents and purposes, they're out of business. Will be interesting to see if they file for bankruptcy. Traders who are caught in the mess might file for fraud.
I think the "company" is DOA (dead on arrival).

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  #434 (permalink)
 dyoung 
Boston, MA
 
Experience: None
Posts: 12 since Apr 2019
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dwt51 View Post
And to further muddy the waters, please be reminded that E2T offer two programs:
  • The 15 day Gauntlet Mini
  • The 60 day Gauntlet



That link above refers to the 60 day program. @dyoung, which program did you discuss with E2T support? Do we know if this $5k profit "limit" also applies to those passing the Gauntlet Mini?



Thanks.



dwt



PS. E2T post a different explanation of the offer received after passing the Mini program. See https://help.earn2trade.com/en/articles/3292347-what-offer-will-i-receive-upon-completing-the-gauntlet-mini



It’s both - anything that does livesim


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  #435 (permalink)
BertV
New Haven, CT
 
Posts: 80 since Nov 2014
Thanks Given: 73
Thanks Received: 85

Can you withdraw the $5k in sim profits or is earn2trade holding it until they find a funding partner?

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  #436 (permalink)
BertV
New Haven, CT
 
Posts: 80 since Nov 2014
Thanks Given: 73
Thanks Received: 85

@BigMike

Can you comment on this thread here? Several discrepancies and unanswered questions, lack of response. Does earn2trade still deserve this thread as a tacit endorsement?

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  #437 (permalink)
BertV
New Haven, CT
 
Posts: 80 since Nov 2014
Thanks Given: 73
Thanks Received: 85

This i smy third post in as many days on this thread and I want to put this out there for the record. Any help anyone can provide is greatly appreciated.

I passed the $75K mini gauntlet on New Years Eve after a 2 month subscription and 3?( maybe 4) resets.

My dashboard had the message that said you passed the mini gauntlet and we will be in contact with you in 2 business days.

Since I had already passed the gauntlet and I was about to be re-billed on 1/1/21, I cancelled my subscription. I did not want to be charged another month I did not need after dropping around ~$500.00.

All of my information which indicated I had passed dissappeared from the dashboard. I logged in to NT8 and gauntlet account dissappeared as well. As I was sitting there celebrating the end of a pretty gosh darn awful year, as well as looking forward to a successful year as a funded trader, I suddenly realized all evidence of passing the gauntlet dissappeared because I did not want to get charged another month.

I immediately contacted customer service and they got back to me the morning of 1/1/21. As usual they were very responsive but confirmed they could not see my account history. They indicated that they would forward my info to the evaluation team. He went on to say that I needed to let them know I passed and that I was not supposed to cancel until the evaluation team instructed me to.

I am waiting to hear back from the evaluatin team by 1/4/21 or 1/5/21. I am sharing this for other traders as a warning and also asking for any suggestions or support from the community.

I feel like such a fool and I really hope that Earn2Trade does the right thing and not keep from getting funded. I passed the gauntlet and there should be no reason they need to bill me for another month.

Is there any reason they would not have access to my trade history? And does anyone have suggestions on how I can recover it myself?

Thank you all for your time and feedback.

  #438 (permalink)
 kirkvan 
Edmonds, WA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage/Dorman
Trading: CME Futures
Posts: 36 since Nov 2013
Thanks Given: 86
Thanks Received: 23


BertV View Post
This i smy third post in as many days on this thread and I want to put this out there for the record. Any help anyone can provide is greatly appreciated.

I passed the $75K mini gauntlet on New Years Eve after a 2 month subscription and 3?( maybe 4) resets.

My dashboard had the message that said you passed the mini gauntlet and we will be in contact with you in 2 business days.

Since I had already passed the gauntlet and I was about to be re-billed on 1/1/21, I cancelled my subscription. I did not want to be charged another month I did not need after dropping around ~$500.00.

All of my information which indicated I had passed dissappeared from the dashboard. I logged in to NT8 and gauntlet account dissappeared as well. As I was sitting there celebrating the end of a pretty gosh darn awful year, as well as looking forward to a successful year as a funded trader, I suddenly realized all evidence of passing the gauntlet dissappeared because I did not want to get charged another month.

I immediately contacted customer service and they got back to me the morning of 1/1/21. As usual they were very responsive but confirmed they could not see my account history. They indicated that they would forward my info to the evaluation team. He went on to say that I needed to let them know I passed and that I was not supposed to cancel until the evaluation team instructed me to.

I am waiting to hear back from the evaluatin team by 1/4/21 or 1/5/21. I am sharing this for other traders as a warning and also asking for any suggestions or support from the community.

I feel like such a fool and I really hope that Earn2Trade does the right thing and not keep from getting funded. I passed the gauntlet and there should be no reason they need to bill me for another month.

Is there any reason they would not have access to my trade history? And does anyone have suggestions on how I can recover it myself?

Thank you all for your time and feedback.

BertV, I'm shopping for a funding firm and I appreciate you taking the time to share your experience; very valuable and much appreciated. Please continue to provide updates.

I hope your hard work and money outlay is acknowledged and they're be a pathway forward for your funded trading.

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  #439 (permalink)
 Sorem 
Zürich, Switzerland
 
Experience: Intermediate
Platform: NT8, TS, SC & MC
Broker: TS, Infinity,
Trading: ES, NQ, 6B, 6E, GC, CL, ZB
Posts: 8 since Dec 2017
Thanks Given: 0
Thanks Received: 17

I passed the $50k Gauntlet-Mini on 22.12.2020 and received my Certificate from Earn2Trade on 23.12.2020. I also received a Welcome Email containing my Offer Letter and Trader Restricted Interest Agreement from Helios LLC on the 23.12.2020. I then cancelled my Earn2Trade $50k Gauntlet-Mini subscription as advised by Earn2Trade Support Staff. I submitted all required executed documentation to Helios on 28.12.2020. Helios also informed me that they setting up a real brokerage account in my name and not a simulated account. Normal setup times for brokerages can take much longer, but they will do their best to ensure this process goes smoothly and quickly given the process during the festive period.

I expect to receive my new account details in the coming days. So far all has run very smoothly.

I hope this helps.

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  #440 (permalink)
BertV
New Haven, CT
 
Posts: 80 since Nov 2014
Thanks Given: 73
Thanks Received: 85



Sorem View Post
I passed the $50k Gauntlet-Mini on 22.12.2020 and received my Certificate from Earn2Trade on 23.12.2020. I also received a Welcome Email containing my Offer Letter and Trader Restricted Interest Agreement from Helios LLC on the 23.12.2020. I then cancelled my Earn2Trade $50k Gauntlet-Mini subscription as advised by Earn2Trade Support Staff. I submitted all required executed documentation to Helios on 28.12.2020. Helios also informed me that they setting up a real brokerage account in my name and not a simulated account. Normal setup times for brokerages can take much longer, but they will do their best to ensure this process goes smoothly and quickly given the process during the festive period.

I expect to receive my new account details in the coming days. So far all has run very smoothly.

I hope this helps.

That is great to hear. I really appreciate you sharing your experience. I have had a positive experience so far but am a bit anxious with regard to funding and now with my cancelling too early.


Frankly if they want to charge me another month to allow them time to evaluate my performance then so be it. But I did pass and do not believe another billed month should be necessary as the website states everyone who passed (again, which I did) will be funded. I followed all the rules and your account is automatically closed if any are broken. Why would I expect to pay for another month? The message on the dashboard says nothing about not cancelling it says you passed.

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