The Gauntlet Mini Evaluation
| Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Max. Daily Loss | Trailing Drawdown | Price | Discount |
|---|---|---|---|---|---|---|---|---|
 |
50K | 6 Contracts | 80% | $3,000 | $1,100 | $2,000★ | $170 | No |
|
100K | 12 Contracts | 80% | $6,000 | $2,200 | $3,500★ | $315 | No |
|
150K | 15 Contracts | 80% | $9,000 | $3,300 | $4,500★ | $350 | No |
|
200K | 16 Contracts | 80% | $11,000 | $4,400 | $6,000★ | $550 | No |
Trader Career Path
| Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Daily Loss Limit | Trailing Drawdown | Price | Discount |
|---|---|---|---|---|---|---|---|---|
|
25K | Progression Ladder | 80% | $1,750 | $550 | $1,500★ | $150 | No |
|
50K | Progression Ladder | 80% | $3,000 | $1,100 | $2,000★ | $190 | No |
Notice: The Earn2Trade Trader Career Path uses a progression ladder to determine the number of futures contracts that can be traded. New traders start with two contracts, and the number of tradeable contracts increases with the profits made.
Account Size
Buying power of the account. Example: 50K equals $50,000.
Max. Position Size
The maximum position size of futures contracts (e.g., E-Mini S&P 500) allowed in the prop firm account challenge. Example: 5 Contracts = five futures contracts can be held at any given time.
Profit Split
The percentage of profits a trader can withdraw to his bank account. Example: 90% means the trader can withdraw 90% of the profits.
Profit Target
The defined profit target has to be reached to complete the challenge successfully and get funded. Example: A 50K account needs to get up to $52,000 in order to reach the profit target.
Daily Loss Limit
The daily loss limit value, which is based on the balance of the account on the morning of a trading day. Example: If the account balance in the morning is $53,500 and the daily loss limit is $1,000, then the account should stay above $52,500 on that day.
Trailing Drawdown
There are three types of “trailing drawdown” calculation methods: End-of-day calculation (★) – calculated at the end of a day, Real-time intraday calculation (★) – calculated daily after market close and Static (★) – which never moves.