Overview

EarnMAX Funding are a relatively new trading evaluator arriving on the scene in 2022. Their offerings and Knowledge Base are very close in style and language to LeeLoo. By “very close”, virtually word-for-word…

They offer a one-step evaluation with an intra-day trailing drawdown.

Our experiences with this company however make us suggest you proceed with caution. Read on…

Minimum time to get funded ★★★☆☆

The minimum trading time required on evaluations offered by EarnMAX Funding is ten days.

Minimum time to first payout ★★★☆☆

EarnMAX Funding have “minimum trading day” requirements and “maximum withdrawal” limits during a funded trader’s first three payouts. After the first three payouts, withdrawal limits are removed but payouts are processed monthly.

Cost until first payout ★★☆☆☆

Funded account fees are monthly and the minimum trading day requirement until the first payout means that a funded trader must trade – and pay for – a funded account for two months.

Platform flexibility ★★★★★

EarnMAX Funding base their evaluations on the Rithmic Paper Trading Server so any Rithmic-capable platform can be used.

Evaluation rules ★★★★☆

Evaluation rules include loss limits and drawdown rules. There are no scaling plans, trading through news restrictions or consistency rules.

Service & Reliability ★☆☆☆☆

We have had quite poor experiences with this company:

• Account setup doesn’t to appear to be automated. It can take anywhere from a few hours to one day for an evaluation account to be set up. This can mean that you lose one paid for trading day during your evaluation period.
• Processing of completed evaluations has variable timing, and we’re concerned that they don’t provide a funded trader contract until the first withdrawal is requested. A trader that has passed an evaluation is expected to pay the data/funded account fees and rely on the terms on the company’s website rather than a signed contract.
• We have experienced total loss of Rithmic data and no access to the Rithmic account during an evaluation with very slow customer service responses.

Our experience of erratic customer service responses and lack of transparency over funded account contracts, leads us suggest you exercise caution using this futures trading evaluator.