Elite Trader Funding

Elite Trader Funding

Elite Trader Funding

Trading Offers

Going Live
2022

HQ
United States

CEO
Kanwal Singh

Website
elitetraderfunding.app

Trustpilot
3.8

Elite Trader Funding belongs to the smaller prop firms in the futures trading sector. Their recent revamp of the website helps better understand their trading challenge offering. Their one-time activation fees belong to the highest in the industry since the fee is not a flat fee with the same price across all accounts, it’s a variable price that depends on the account (e.g. the 150K account has a $247 one-time activation fee). Instead of paying the one-time activation fee, traders can also pay an activation fee of $47 for the first month and then $87 monthly. Together with the challenge fee itself, the prices add up quickly and catapult the pricing beyond the typical pricing compared to other prop firms.

Also, like some other prop firms, the company uses high retail prices just to offer an enormous discount to reduce the price to a reasonable level. Another catch that is kind of a red flag: if you click to purchase a specific challenge, it will not automatically apply the discount in the shopping cart. Instead, you have to input the discount code manually (even if they show the discounted price in large text, but then mention in small print that the cost is the original one, with just below the disclaimer that “No refunds will be issued if you fail to input a promotional code.”). Let’s say you want to purchase the 250K 1-step account. It costs $597 retail, but $119.40 if you type in the promo code. If you fail to type the code into the field, they charge you $597. That’s at least a questionable marketing tactic.

Prop Firm Details

Trading Instruments:

Futures

Exchanges:

CME, CBOT, COMEX, NYMEX

Challenge Types:

1-Step

Activation Fee:

$177-$307 lifetime, or $47 first month and then $87 monthly

Consistency Rule:

38%-62% during challenges, depending on the account

Scaling Plan:

No

Account Sizes:

50K, 100K, 150K, 250K

Futures Platforms:

Tools Compatible with Data Providers

Data Providers:

Rithmic, Tradovate

Payments Methods:

Credit Card, Debit Card

Withdrawal Methods:

RiseWorks

Elite Trader Funding 1 Step Live Trailing Eval

Prop Firm Account Size Instrument Steps Profit Target Drawdown Type Max Loss Daily Loss Consistency
Rule Eval | Funded
Max. Contracts
Mini | Micro
Profit Split Activation Fee
if Funded
Price
Elite Trader Funding 50K Futures 1‑Step $3,000 Intraday $2,000 None None | None 8 | 80 100% $177 $197
Elite Trader Funding 100K Futures 1‑Step $6,000 Intraday $3,000 None None | None 14 | 140 100% $247 $247
Elite Trader Funding 150K Futures 1‑Step $9,000 Intraday $5,000 None None | None 18 | 180 100% $247 $347
Elite Trader Funding 250K Futures 1‑Step $15,000 Intraday $6,500 None None | None 24 | 240 100% $277 $597

The drawdown on the 1 Step plan is a live intraday trailing drawdown that moves up in real time as your position gains, based on the highest unrealized intraday equity, not end of day. The activation fee is charged upfront at the time of Elite Sim-Funded account activation; it is not deducted from the first payout. A monthly activation option ($87/month) is also available as an alternative to the one-time fee shown.

Elite Trader Funding Direct to Funded

Prop Firm Account Size Instrument Steps Profit Target Drawdown Type Max Loss Daily Loss Consistency
Rule Eval | Funded
Max. Contracts
Mini | Micro
Profit Split Activation Fee
if Funded
Price
Elite Trader Funding 50K Futures Instant $5,100 EOD $5,000 None None | None 5 | 5* 100% $0 $747
Elite Trader Funding 100K Futures Instant $5,100 Static $5,000 None None | None 3 | 3* 100% $0 $997

The Direct to Funded (DTF) plan skips the evaluation stage entirely; you begin trading a sim-funded account immediately. The 50K DTF uses an End-of-Day trailing drawdown; the 100K DTF uses a Static (never trails) drawdown. *DTF accounts use a 1:1 mini-to-micro ratio, meaning each micro contract counts as a full separate position (not 10 micros to 1 mini as in standard plans). No activation fee is charged for DTF accounts. The profit target shown applies at the funded stage and must be reached to qualify for payouts.

Elite Trader Funding Static Eval

Prop Firm Account Size Instrument Steps Profit Target Drawdown Type Max Loss Daily Loss Consistency
Rule Eval | Funded
Max. Contracts
Mini | Micro
Profit Split Activation Fee
if Funded
Price
Elite Trader Funding 10K Futures 1‑Step $1,000 Static $500 None None | None 1 | 10 100% $177 $147
Elite Trader Funding 25K Futures 1‑Step $2,000 Static $1,000 None None | None 2 | 20 100% $177 $277
Elite Trader Funding 50K Futures 1‑Step $4,000 Static $2,000 None None | None 4 | 40 100% $177 $497

Static plans use a minimum balance that never trails. Your drawdown floor is fixed from day one and does not move regardless of profits made. The activation fee is charged upfront at the time of Elite Sim-Funded account activation; it is not deducted from the first payout. A monthly activation option ($87/month) is also available as an alternative to the one-time fee shown.

Elite Trader Funding Diamond Hands Eval

Prop Firm Account Size Instrument Steps Profit Target Drawdown Type Max Loss Daily Loss Consistency
Rule Eval | Funded
Max. Contracts
Mini | Micro
Profit Split Activation Fee
if Funded
Price
Elite Trader Funding 100K Futures 1‑Step $5,000 EOD $3,500 $1,500 None | None 2 | 20 100% $307 $397

The Diamond Hands plan is designed for traders who hold positions overnight and over weekends. The drawdown is End-of-Day (EOD) trailing; it resets based on the highest end-of-day closing balance and does not move intraday. The daily loss limit of $1,500 is calculated from the prior day’s ending balance; if an open trade causes intraday equity to breach this level, the account fails immediately. The activation fee is charged upfront at the time of Elite Sim-Funded account activation; it is not deducted from the first payout. A monthly activation option ($87/month) is also available as an alternative to the one-time fee shown.

Elite Trader Funding End of Day Eval

Prop Firm Account Size Instrument Steps Profit Target Drawdown Type Max Loss Daily Loss Consistency
Rule Eval | Funded
Max. Contracts
Mini | Micro
Profit Split Activation Fee
if Funded
Price
Elite Trader Funding 50K Futures 1‑Step $3,000 EOD $2,000 $1,100 None | None 8 | 80 100% $177 $347
Elite Trader Funding 100K Futures 1‑Step $6,000 EOD $3,500 $2,200 None | None 14 | 140 100% $257 $487
Elite Trader Funding 150K Futures 1‑Step $9,000 EOD $4,500 $3,300 None | None 18 | 180 100% $257 $657

EOD plans use an end-of-day trailing drawdown. The drawdown floor adjusts once per day based on the highest closing balance and does not move intraday. The daily loss limit is calculated from the prior day’s ending balance; breaching it with an open trade results in immediate account failure. The activation fee is charged upfront at the time of Elite Sim-Funded account activation; it is not deducted from the first payout. A monthly activation option ($87/month) is also available as an alternative to the one-time fee shown.

Elite Trader Funding Fast Track Eval

Prop Firm Account Size Instrument Steps Profit Target Drawdown Type Max Loss Daily Loss Consistency
Rule Eval | Funded
Max. Contracts
Mini | Micro
Profit Split Activation Fee
if Funded
Price
Elite Trader Funding 10K Futures 1‑Step $2,000 EOD $500 None 40% | 30% 1 | 10 100% $0* $57
Elite Trader Funding 10K Futures 1‑Step $2,000 Static $500 None 40% | 30% 1 | 10 100% $0* $77

The Fast Track plan is designed for traders who are confident they can hit the profit target quickly. The evaluation window is limited to 10 calendar days with no monthly renewal. Both variants share a 10K account size; the EOD version uses an end-of-day trailing drawdown and the Static version uses a fixed minimum balance that never moves. A 40% consistency rule applies during the evaluation: your best single profitable day cannot exceed 40% of total overall profit. *Fast Track accounts are not eligible for the standard one-time activation fee or the 3D add-on. Upon passing, the activation fee is free for the first month, after which $87/month applies. Fast Track accounts are also not eligible for resets at any stage. A 30% consistency rule applies at the funded (Elite Sim-Funded) stage when requesting a payout.

Read Customer Reviews elitetraderfunding.com

Elite Trader Funding currently has a Trustpilot rating of 3.8 out of 5, based on 1,079 reviews, which is categorized as Great. Thereof, 39 reviews are from people invited by the prop firm using Trustpilot’s supported invitation methods. The most recent reviews are predominantly positive.