Skip to content
E

Elite Trader Funding

Elite Trader Funding is a proprietary trading firm offering funded trading accounts with static evaluation challenges. The firm provides traders with capital ranging from $10,000 to $50,000 with competitive evaluation fees and flexible trading conditions.

CEO:
Clint Chaney
Country:
United States
Founded:
2022
Start Challenge

Verification pending

Fees and rules can change. Check the firm’s official terms before purchasing.

What is Elite Trader Funding and what makes it unique?

Elite Trader Funding is a proprietary trading firm that offers traders the opportunity to trade with significant capital. A standout feature is their 100% profit split for the first $12,500, making it highly attractive to traders looking to maximize earnings. Additionally, they provide a wide range of tradable futures contracts across major exchanges, accommodating diverse trading strategies.

What are the main features of Elite Trader Funding?

Elite Trader Funding provides up to $30,000,000 in funding with a 100% profit split for initial earnings. Traders can use platforms like NinjaTrader, Tradovate, Rithmic, and TradingView. The firm allows news trading and scalping but restricts hedging and high-frequency trading. Unique features include a 10% max drawdown and a 2.2% daily drawdown limit.

Where is Elite Trader Funding headquartered?

Elite Trader Funding is headquartered in the United States, providing traders with robust support and access to American futures markets. The firm has a solid reputation with a 4.1/5 rating on Trustpilot, based on 1,175 reviews, indicating a reliable and favorable standing within the trading community.

How much funding can I get with Elite Trader Funding?

Traders can access up to $30,000,000 in funding through Elite Trader Funding. This significant amount allows traders to execute large trades and potentially achieve higher profits. The firm's funding model is designed to scale with the trader's success, providing ample opportunity for growth.

What are the account management rules at Elite Trader Funding?

Elite Trader Funding requires a minimum of 5 trading days to complete an evaluation. Traders must adhere to a 2.2% daily drawdown and a 10% max drawdown limit. All positions must be closed one minute before market close, except for 'Diamond Hands' accounts. Consistent trading and adherence to these rules are crucial for account maintenance.

What happens if I violate account rules at Elite Trader Funding?

Violating account rules such as exceeding the daily or max drawdown limits can result in account termination. Elite Trader Funding emphasizes the importance of disciplined trading. Traders are encouraged to thoroughly understand all rules, including the 40% profit consistency rule, to maintain their funded status and avoid penalties.

What are the evaluation requirements for Elite Trader Funding?

To pass the evaluation with Elite Trader Funding, traders must achieve a 10% profit target over a minimum of 5 trading days. Evaluation fees range from $2,500 to $65,500, depending on the account size. Traders must adhere to all trading rules, including drawdown limits and the prohibition of specific strategies like high-frequency trading.

What fees are associated with Elite Trader Funding evaluations?

The evaluation fees for Elite Trader Funding range from $2,500 to $65,500, depending on the chosen account size. These fees cover the evaluation process and access to the firm's trading platforms. Successful completion of the evaluation allows traders to manage a funded account with a significant profit split.

Are there any trading rules during the evaluation with Elite Trader Funding?

Yes, during the evaluation, traders must adhere to specific rules, including a 2.2% daily drawdown and a 10% max drawdown limit. Strategies like high-frequency trading and hedging are prohibited. Traders must also close all positions one minute before market close, except for 'Diamond Hands' accounts.

What trading platforms does Elite Trader Funding support?

Elite Trader Funding supports several popular trading platforms, including NinjaTrader, Tradovate, Rithmic, and TradingView. These platforms provide traders with robust tools for executing trades, analyzing markets, and managing risk effectively, catering to a wide range of trading styles and preferences.

What trading strategies are allowed by Elite Trader Funding?

Elite Trader Funding allows strategies such as news trading, scalping, and the use of expert advisors. However, the firm prohibits high-frequency trading, hedging, and scratch trades. Traders must follow these guidelines to ensure compliance and maintain their account status.

What instruments can I trade with Elite Trader Funding?

Traders with Elite Trader Funding can access 76 different futures contracts across various asset classes, including energy, metals, currencies, treasuries, volatility indices, agriculture, equity indices, and cryptocurrencies. This diverse range allows traders to diversify their portfolios and capitalize on market opportunities.

Are there any restrictions on trading news events with Elite Trader Funding?

Elite Trader Funding allows trading during all news events, including high-impact ones. This flexibility enables traders to take advantage of market volatility and potential profit opportunities during news releases. Traders are encouraged to remain informed and cautious when trading around significant news events.

How is the profit split structured with Elite Trader Funding?

Elite Trader Funding offers a 100% profit split for the first $12,500 of earnings, providing a substantial incentive for traders. After this threshold, traders receive a 90% profit split. This structure allows traders to maximize their initial profits and maintain a high percentage of earnings as they continue trading.

What conditions affect the profit split at Elite Trader Funding?

The profit split at Elite Trader Funding starts at 100% for the first $12,500 and shifts to 90% thereafter. This is calculated per trader, not per account. Consistent trading and adherence to the firm’s rules, such as maintaining drawdown limits, are essential to benefit fully from this profit-sharing structure.

How often can I request payouts from Elite Trader Funding?

Traders at Elite Trader Funding can request payouts every 10 trading days after an initial 15-day period. The minimum payout amount is $100. Payouts are processed the same day if requested before 10 AM EST, providing traders with timely access to their profits.

What payout methods does Elite Trader Funding offer?

Elite Trader Funding offers multiple payout methods, including bank transfers, credit and debit cards, cryptocurrency, and wire transfers. This variety provides traders with flexibility and convenience in accessing their earnings, catering to different preferences and financial needs.

How can I contact Elite Trader Funding for support?

Traders can reach out to Elite Trader Funding through various contact methods, including email and phone support. The firm is known for its responsive customer service, ensuring that traders receive timely assistance for any questions or issues related to their accounts or trading activities.