Earn2Trade Founder Charged With Fraud

In general, there is no doubt that only a small percentage of traders make money. This is no different in our business model then it is on the market. We are filtering through to find the great traders, and making money on the examination fees. The company funds the successful candidates, and there are a lot of them and some of them are indeed very profitable. 500+ candidates were funded in the last six months alone. This is a number we are very proud of and hope will grow more with time.

The vast majority of businesses fail. Only one applicant of the many will get a job they apply for. The vast majority of students will not get into Harvard, and In sport only one team is the champion. Businesses pay money even if and when they fail. People work for their jobs even if they don't get them. Students study for their universities even if they don't get in. People practice and train for sports and they still lose.

The question is not whether these industries (business, education and sport) exist. It's whether or not they represent a fair opportunity. We strongly believe that we provide a fair opportunity for any candidate to become a professional trader.


For this case, I tried Harvard 3 times.
3 failures
 
i found it on a copy trade website so one can say they are sort of competition to pay for test business.. but any way why is this so important?
I am over this debate... not interested any more. it is a free world.. let people do whatever they want to risk...my aim was to simply explore a better model.. but people started personal attacks so enough for me to hell with it
good by

I was asking because i agreed with the images. I was impressed that someone , somewhere put in the work to create them and i was interested in reading more from the source.
 
The prop firm was previously under a different ownership structure but from what I understand and I'm not 100% definitive, Earn2Trade and Helios are owned by the same companies. They operate on a day to day basis separately from one another. The prop firm is not an exchange member and it is not registered.

Masten is listed as representing both Earn2Trade and Helios as of September 1, 2020, when the LLC tax was paid in Wyoming. Has he filed a separation from one or both companies?

https://wyobiz.wyo.gov/Business/Fil...161175226138093216184064128054183061068043204
 

Attachments

  • Masten1.pdf
    Masten1.pdf
    24.9 KB · Views: 15
  • Masten2.pdf
    Masten2.pdf
    25.8 KB · Views: 14
  • Masten3.JPG
    Masten3.JPG
    77.4 KB · Views: 16
Last edited:
Masten is listed as representing both Earn2Trade and Helios as of September 1, 2020, when the LLC tax was paid in Wyoming. Has he filed a separation from one or both companies?

From both companies. I understand that he was still part of the company during the year of the filing so he signed.
 
I passed the Earn2Trade $150,000 mini, got funded, so far everything has been going just fine, except for quite a few of my own stupid trades. I guess time will tell. Until then it's trading Earn2Trade as usual, at least till 9/30/2020 when they indicate a change is coming.

Most Importantly!; I will say that if you cannot pass a Gauntlet, resets if needed and all, you will NEVER trade successfully in your own account, prop, whatever, for very long. I need other traders to lose money, prop, private, whatever, so that I can make money.

Best trading to all,
-Flash
 
I would definitely agree that if you are a day trader that closes out all positions to be flat at the end of each session that if you cannot pass a mini gauntlet then you would more than likely not be able to trade your own account either. If you are a position trader or swing trader that needs wide stops and holds onto positions through 1 or more sessions or potentially several days to a week at a time then that is a different story

QUOTE="Most Importantly!; I will say that if you cannot pass a Gauntlet, resets if needed and all, you will NEVER trade successfully in your own account, prop, whatever, for very long. I need other traders to lose money, prop, private, whatever, so that I can make money.

Best trading to all,
-Flash[/QUOTE]
 
I passed the Earn2Trade $150,000 mini, got funded, so far everything has been going just fine, except for quite a few of my own stupid trades. I guess time will tell. Until then it's trading Earn2Trade as usual, at least till 9/30/2020 when they indicate a change is coming.

Most Importantly!; I will say that if you cannot pass a Gauntlet, resets if needed and all, you will NEVER trade successfully in your own account, prop, whatever, for very long. I need other traders to lose money, prop, private, whatever, so that I can make money.

Best trading to all,
-Flash

Question. Was some of your own mistakes that you mentioned accidentally trading more contracts than you were allowed?
 
Question. Was some of your own mistakes that you mentioned accidentally trading more contracts than you were allowed?
No, never. In the Gauntlet and the Funded account sometimes I take a trade, just to trade. You think you see an opportunity, but the mind plays tricks. etc, etc. --best trading
 
Earn2Trade will be moving trading accounts to a new partner firm, and is in the final stages of setup. All those currently passing the Gauntlet and/or Gauntlet Mini examinations will be able to temporarily join Helios Trading Partners in LiveSim while the process is completed, or wait to join the new prop trading firm in a live account as soon as the setup is complete. This move may require a small delay in processing the candidates over to the new trading firm, but we will provide updates of the status and notify the community as the developments proceed.

Those who are currently trading live accounts in Helios Trading Partners can continue to trade and withdraw profit up until the end of September 30th, at which point their accounts will be moved over to the new prop trading firm. They will also have the option of continuing in LiveSim at Helios Trading Partners if they so choose during the handover period.
 
Back
Top