GauntletMini Logo

The Gauntlet Mini™

Your shortest path to become a funded trader

Become a funded futures trader with Earn2Trade's trader funding test. Show your skills on a virtual account to get a funding offer from a proprietary trading firm that upgrades when you withdraw your profit.

Choose your account size

Choose your account size

Start your evaluation on a virtual futures trading account ranging from $50,000 to $200,000.

Trade at least $10 days

Trade at least 10 days

Prove your skills over a period of at least 10 trading days.*

Get a funded trading account

Get a funded trading account

Pursue the career you’ve always wanted with a funded trading account.

Start Now the Gauntlet Mini™

How the Gauntlet Mini™ Works

Our funded trader program

The Gauntlet Mini™ is an intraday futures trading exam that guarantees trader funding by our proprietary trading firm partner upon successful completion. To pass the test, you must trade without breaking the rules for at least 10 days and reach the specified profit target. It is a subscription-based examination that lasts until you pass, cancel, or change your plan.

Our funded trader program

Show your skills to get an offer

Trader Funding

There’s a limit to how much money you can make on a personal trading account. The Gauntlet Mini™ helps traders who have the skill but lack the capital to overcome this obstacle by providing them with access to funds in return for a share of the generated profits. Take the test on a simulated account and qualify for funding based on the chosen size of your evaluation account.

Funding

The Gauntlet Mini™ Evaluation

Pass the test and get a guaranteed funding offer from our partner.

 
GAU50
GAU100
GAU150
GAU200
Virtual Starting Capital
The starting balance of your virtual evaluation account and the amount you get funded for when you pass.
$50,000
$100,000
$150,000
$200,000
Profit Goal
The amount of money you need to increase your starting account balance to pass the test.
$3,000
$6,000
$9,000
$11,000
EOD Drawdown *
The amount of money by which your current trading account balance is allowed to go below your highest trading account balance also considering open equity.
$2,000
$3,500
$4,500
$6,000
Daily Loss Limit *
The maximum loss you are allowed in a single trading day (based on the CME calendar). It is calculated on open equity.
$1,100
$2,200
$3,300
$4,400
Follow Progression Ladder *
The maximum number of contracts the trader can have open at any given time depending on their current account balance. Upon non-compliance your account will get locked for the rest of the day and you can resume trading the next trading day.
Up to 6 Contracts
Up to 12 Contracts
Up to 15 Contracts
Up to 16 Contracts
Monthly Subscription
The program is subscription-based, with automatic rebilling every 30 days.

The Gauntlet Mini™

Objectives

Our funded trader program

Funded Trader Reviews

Check out these reviews and testimonials from users who passed our test and received their funding offer. They did it, and you can too! Be one of the thousands of traders who become funded futures traders through Earn2Trade's funded trading program.

Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.

The Gauntlet Mini™ FAQ

Setup Fee
You will only pay a setup fee if you profit. If you choose to be funded on a LiveSim® account after passing your evaluation and your CME status is Non-professional, a one-time per-account activation fee of $139.00 will be deducted from your 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 you make profits and it is exclusively applicable to your first withdrawal and not to subsequent ones. For more information, read our blog article here: link
Traders who specify their CME status as “professional” will be charged $135.00/month per exchange.
How long is The Gauntlet Mini™?
The Gauntlet Mini™ takes a minimum of 10 days to complete, assuming that the candidate has traded on at least 10 days. The 10-day evaluation period applies exclusively to subscriptions purchased on or after April 1st, 2024. Active subscriptions purchased before are not subject to this update and will maintain the original 15-day evaluation period, even if reset.

There is no fixed end date for the evaluation. The Gauntlet Mini™ will continue until the candidate successfully meets the targets, or cancels their subscription. Please note that the monthly subscription does not reset the account. If you failed your Gauntlet Mini™ attempt, you have to reset.
Can I reset The Gauntlet Mini™?
Yes. You can reset the Gauntlet Mini™ at any time for $100, however the reset will not restart your billing period. The reset will simply revert your account back to its original starting balance. Note that the rebill does not reset a failed Gauntlet Mini™ account, nor does it include a free reset.
What are the different drawdown types?
Drawdown determines the minimum balance you are required to maintain on your trading account. There are three types of it: End of Day Drawdown (EOD), Trailing Drawdown (TDD), and Fixed Drawdown. EOD calculates and updates your minimum balance based on closed positions at the end of every trading day, TDD does so based on open and closed positions throughout the trading day, while Fixed Drawdown sets the minimum balance at a fixed level that never changes. Check out the infographic below to find out when each drawdown type applies depending on the program you choose.
What are the different drawdown types?
What happens after you get funded?
Candidates who pass the Gauntlet Mini™ will receive a guaranteed offer for a funded trading account with our proprietary trading partner firm. The size of that account is the same as the starting size of the Gauntlet Mini™ account you used to pass the evaluation. There are two types of funded trading accounts available:
  • LiveSim® Accounts
  • Live Accounts

LiveSim® Accounts

LiveSim® accounts are paper trading accounts. From the trader’s perspective, they function the same as Live accounts, including withdrawing profits, but with a few added benefits:
  • LiveSim® has a quicker setup. Traders can start trading them within two business days of accepting the funding agreement.
  • LiveSim® traders with Non-professional CME status will have a one-time per-account activation fee of $139.00 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.Those with Professional status will be charged $135.00/month/exchange.
  • LiveSim® accounts calculate drawdown the same way as your Gauntlet Mini™ attempt. See the relevant FAQ explaining the drawdown calculation here.
LiveSim® is only available until you make your first $5,000 (minus the 20% profit split). After that, you will switch to a live account.

Live Accounts

Traders who choose to start trading on a Live account cannot return to a LiveSim® account afterward.
  • Live accounts take longer to set up because they require filing paperwork with a broker.
  • Monthly data fees on Live accounts are $135.00 for each exchange, including the first.
  • Live accounts calculate trailing drawdown based on intraday, open equity gains and losses.
What Are the Withdrawal Rules?
Once you are funded, you can withdraw 80% of your profits after meeting the profit target of each step. You don’t have to wait to accumulate the full profit target, you can also withdraw any amount over $100. For the first withdrawal only, your profits must be sufficient to cover both the minimum withdrawal amount and the one-time setup fee. This means you need at least $239.00 in profits ($100 + $139.00 setup fee) to make your first withdrawal. For subsequent withdrawals, the minimum amount you can withdraw will always be $100, with no additional setup fee deductions.
The withdrawals have a cost of $10 per payment/ withdrawal, however the proprietary trading firms will waive this charge in its entirety for withdrawals above $500.

Withdrawals are processed through Rise, a third-party contract- and payment provider service.

Read more about the withdrawal policies here.
What Are the Commissions?
From May 1 onwards, all new users will have live commissions assigned to their evaluation account. Users with active subscriptions will keep their current commission schedule, and will be assigned live commissions after a reset or a repurchase (in case they are on default commission schedule now).

Live commission mirrors the commissions schedule as offered by the prop firms.

For more information please see: help.earn2trade.com

Get A Funded Trading Account

  • The Gauntlet Mini™ Trader Funding Evaluation
  • Free NinjaTrader and/or Finamark license
  • Trading Simulator (Data Feed Included)
  • Free Journalytix™ license
  • Access to Our Full Catalog of Educational Material During Your Subscription
  • Guaranteed Funding Offer After Successful Completion
from
$170/month
Enroll Now
DiscordJoin Our Trader Community
Still Have Questions?
Contact Support
WhatsAppTelegramEmailChat
ABC Money
Forbes
Babypips
Entrepreneur
New Business
Registered Office
Earn2Trade LLC

30 N Gould St STE 4000, Sheridan, WY 82801
Disclaimer
Disclaimer
Terms and Conditions
Terms and Conditions
Customer Support Policy
Customer Support Policy
© Copyright 2024 Earn2Trade
Exam Disclaimer:

In 2023, 23.38% of candidates passed the Trader Career Path® / Gauntlet Mini™ examinations. Percentage is based on subscriptions passed against new subscriptions. Of candidates who passed either exam, 16.73% traded a Live account, and 83.27% traded a LiveSim® account. The Trader Career Path® / Gauntlet Mini™ examinations are realistic simulations of trading in actual market conditions and are difficult for any experienced trader to pass. Neither the Trader Career Path® nor Gauntlet Mini™ examinations are suggested for individuals with little trading experience.

Allowed Instruments:

Earn2Trade exam participants are permitted to trade Futures products only, listed on the following exchanges: CME, COMEX, NYMEX & CBOT. Trading of Stocks, Options, Forex, Cryptocurrency and CFD’s are not permitted nor available in our program or platforms.

Risk Disclosure:

Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure:

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

FINRA Disclaimer:

Day-Trading Risk Disclosure Statement

We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies.