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Elite Trader Funding

Overview

Elite Trader Funding offers aspiring traders a unique chance to engage in the financial markets using proprietary capital, eliminating the risk to their own funds. Dedicated to helping traders reach their objectives, Elite Trader Funding provides access to funded accounts, extensive educational resources, and professional support, paving the way for success in trading activities. Through the integration of advanced technology and personalized mentorship, Elite Trader Funding strives to foster a supportive and prosperous trading community for individuals at all skill levels.

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What They Say

We provide traders with an opportunity to earn live funding based on their trading performance in simulated accounts.

Many services have rules that can distract from the actual skill of your trading. We're simple. Prove you can profit. Don't hit your draw down. Trade at least 5 days. That's all there is to it.

Part of the benefit of being a successful trader is being able to work your own hours. Today's market provides an almost always opportunity. You pick when you trade, and you can do it during holidays, special events, and market-moving news events!

Futures offers the best leverage to make huge profits, but it can also cause huge losses. Don't risk your own money. Risk ours. This will give you the freedom to place trades freely without as much worry.

What We Say

Elite Trader Funding transforms funded trading with its clear and efficient approach. They distinguish themselves with a simplified 1 step evaluation process, which requires a minimum of just five days of trading and uses an intraday unrealized PNL trailing drawdown. Notably, they offer one of the most attractive profit-sharing arrangements in the industry—traders keep 100% of their first $12,500 in profits and 90% of all subsequent earnings. This provides a seamless avenue for traders to leverage proprietary trading capital while securing a significant share of their earnings.

Elite Trader Funding Details

Keep 100% of your first $12,500 in profits!

  • Trade multiple accounts under one login!

  • Several evaluation options.

  • Keep 90% of all profits after your first $12,500!

  • Optional evaluation reset fee is only $75

  • Automatic free evaluation account resets on monthly subscription renewal if account is failed.

Minimal rules, more opportunity

Many services have rules that can distract from the actual skill of your trading. We're simple. Prove you can profit. Don't hit your draw down. Trade at least 5 days. That's all there is to it.

We don't choose when you trade

Part of the benefit of being a successful trader is being able to work your own hours. Todays market provides an almost always on opportunity. You pick the when you trade, and you can do it during holidays, special events, and market-moving news events!

Have the advantage of our leverage

Futures offers the best leverage to make huge profits, but it can also cause huge losses. Don't risk your own money. Risk ours. This will give you the freedom to place trades freely without as much worry.

1 Step Evaluations

1 step, 5 minimum days traded, intraday unrealized PNL trailing drawdown.

Max Trailing Drawdown

Q How does the trailing drawdown work in evaluations?

A In your evaluation account your drawdown never stops trailing from your highest unrealized profit.

Example: You start with an account balance $50,000 and your max drawdown is $2,000 (minimum account balance of $48,000). If you make a trade and close for a profit of $1,000 your minimum account balance moves up to $49,000.

If at any time you hit your drawdown your evaluation account is failed. You can feel free to start a new evaluation and try again if that happens.

Q How does the trailing drawdown work in Elite (qualified) accounts?

A In your Elite account the drawdown trails your highest unrealized profit until you have earned realized profits equal to max drawdown +$100; then you will no longer have a trailing drawdown as it will be removed permanently. At this point, the starting account balance +$100 becomes your minimum allowable balance in your Elite account; do not let your account balance fall beneath this static level or you will fail.

Example: You start with an account balance $50,000 and your max drawdown is $2,000 (minimum account balance of $48,000). If you make a trade and it goes to +$1,000, but you don't close and your trade is now only +$500 your minimum account balance moves up to $49,000 because your highest unrealized profit was $1,000. Once you make $2,100 in realized profits (drawdown + 100) the drawdown stops trailing.

If at any time you hit your drawdown your Elite account is blown and no payouts are made. You can feel free to start a new evaluation and try again if that happens

Holding trades overnight

Q Am I allowed to hold trades overnight?

A No. You are not allowed to hold trades overnight.

All trades MUST be closed 1 minute before the close of the market. Different instruments have different market closing times. It is your responsibility to know these and close your positions before the respective market closes. Holding a position past market closing time will result in the failure of your evaluation or Elite account. Holding a position past market close in your Elite account will result in a forfeit of profits with account closure.

Example: ES traders must close all positions before 3:59pm Central Standard time on a normal market hours trading day. New trades may be opened at 5pm Central Standard time.

It is the traders responsibility to know holiday trading hours that may vary.

Minimum of 5 trading days

Q What is the minimum amount of trading days I need to qualify?

A You must have a minimum of 5 days traded and have reached your profit target to qualify for an elite account.

Details on trading days

Q What qualifies as a trading day?

A Any day you place a trade qualifies. Sunday and Monday are counted as the same trading day.


Q Does Sunday count as a trading day?

A No. Sunday evening and Monday are counted as the same trading day.


Q Is there a maximum number of days to hit my profit target?

A No, you may take as many days as you need to hit your profit target*. There is no maximum. You will continue to pay the evaluation auto-renewal price every 30 days until you either cancel the eval account (irrespective of failures) or reach the profit target to get funded.

If you have not failed your evaluation, your current profit and the remaining drawdown will carry over once your monthly renewal payment successfully processes.

*Fast track accounts are the only exception and have a maximum of 14 calendar days, or 10 trading sessions, to reach the eval profit target.

Q Can I trade on holidays and during news?

A Yes. Just know during these events volatility can be very low or extremely high and can wipe an account out quickly if risk management is not applied.

Maximum Account Positions

Q How do the maximum account positions work?

A You are not allowed to have more than the maximum allowed positions open at any time. Doing so will result in a failure of your evaluation or Elite account. Going over your max allowed positions in your Elite account will result in a forfeit of profits with account closure. 10 micros counts as 1 mini.

Legend:
1 mini = 1 "position"
10 micro = 1 "position"

Example: An account with a maximum open positions of 3 minis, 30 micros or 3 small will be used for this example.

Allowed: 2 mini, 10 micro
Not Allowed: 2 mini, 20 micros (20 micros is equivalent to 2 "positions" putting this at 4 total positions. 1 more than the 3 allowed.).
Not Allowed: 3 mini, 600 micro (9 total “positions")

Q What contract expiration can I trade?

A You agree to trade the highest volume, most current contract for the instrument you are trading. Trading low liquidity and low volume contracts is not allowed.

Frequently Asked Questions

1. Do you have a free trial?

Yes. We offer a 14 day free trial so you can get ready for your evaluation by trading a simulation account. You will be provided with a 250K Fast Track account for your trial. You cannot qualify for an elite account from a trial account. There is only one trial allowed per trader. Click here to sign up for the free trial.

2. What are the rules?

Depending on which evaluation you choose the rules can vary. Please see our products page for details on each evaluation type.

3. What happens if I hit my drawdown?

No problem! Simply purchase a reset and try again. Note: There are no resets in Elite accounts or Fast Track evaluations.

4. How long do I need to trade before I pass?

5 days or more for all evaluations.

5. How do I get paid?

We pay our Elite Traders using Rise. Rise offers flexible withdrawal options, including ACH and crypto! Read about how our payout process works.

6. What are the Elite (Qualified) Account Rules?

Please view our elite account rules page for information.

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