Yah true...Hope regulators start looking at this aspect SOOOON
Earn2Trade Founder Charged With Fraud
- Thread starter LCK2000
- Start date
I repeat my question one last time Mr E2T "SO a simple question if Helios and E2 T are owned by same people then the entire business activity: does it make more money by selling tests or share of trading profits ?"
With all due respect, the businesses are private entities and your question has no pertinence whatsoever to the question at hand. I would have to say furthermore that I do not know the answer to your question and I am in no position to answer it if I did.
It is a very valid question going to the core of the transparency of this business model , you just don't want to answer it it seems!
All these days you are marketing this aggressively and now you say you don't even know if Helios and E2T are owned by same people! WOW + the "prop" firm is not registered! I am done
traderjo you could always just start a competing firm to Topstep and E2T and make your platform , Trading combines and funded accounts opportunity for traders better than what they both offer now and then you can be the one profiting from test fees and traders profits on trading ( and selling education courses—etc) with the program you designed to be better than either E2T or Topstep. Not being sarcastic here - really it’s a business with a lot of demand and there is always room for 1 more company with a better program that offers traders an improved and better opportunity than what the current co’s offer (while still being a profitable and sustainable business model with high growth potential).
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I do not know much about NFA, SEC, etc rules and regulations...
But I don't think that companies TopStep, OneUp, Earn2Trade have to be registered..
Am I incorrect? I would love some actual reference material to look over and educate myself
But I don't think that companies TopStep, OneUp, Earn2Trade have to be registered..
Am I incorrect? I would love some actual reference material to look over and educate myself
We are transparent, that is why everyone knows what has happened to our former co-founder, but you are asking a private company to disclose its revenue structure, profit and anything else you want to know to an avatar on a public forum. I'm sorry but this is just unrealistic. On another note, there is no requirement for the prop firm to be registered. It is a prop firm and trades its owners money, it is not a pool and does not solicit funds from investors.
Traderjo, you have disliked this business model from day one. We understand that. We've had plenty of discussions about it and you are fully within your rights to reject it. That said, we will continue to sell examinations and provide top quality support and an objective environment for candidates who want to become professional traders. That is our business model.
- If I had the money and risk management I would either start true prop or first loss funding
BOTH do not relay on the TEST fee
Because in my mind relying on test fees although perhaps not illegal certainly not ethical
The "demand" you mention is becasue many are sucked in to this dream and this model relies on such people..
Why people like Tibra and Citadel don't get in to this BS they have the manpower and computer power.. it will be nice little earner for them!
Sells examinations. Earn2Trade owns or is owned by Helios but Shawn doesn't really know who owns what. A $50K account offered but shared haircuts. So the entire "$50,000 account" claim is fiction.
Dude, you're not doing your
I was not asking for $ I am just asking what %... If you were reliant on trading profits then from DAY ONE you would have proudly displayed that! instead of rubbishing me.. I never said you are scam or illegal.. any way we will never know... as you say Private company..