1 Step Evaluations
| Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Daily Loss Limit | Trailing Drawdown | Price | Discount |
|---|---|---|---|---|---|---|---|---|
 |
50K | 8 Contracts | 90%-100% | $3,000 | none | $2,000★ | $165 | No |
|
100K | 14 Contracts | 90%-100% | $6,000 | none | $3,000★ | $205 | No |
|
150K | 18 Contracts | 90%-100% | $9,000 | none | $5,000★ | $295 | No |
|
250K | 24 Contracts | 90%-100% | $15,000 | none | $6,500★ | $515 | No |
|
300K | 30 Contracts | 90%-100% | $20,000 | none | $7,500★ | $655 | No |
EOD Drawdown Evaluations
| Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Max. Daily Loss | Trailing Drawdown | Price | Discount |
|---|---|---|---|---|---|---|---|---|
|
50K | 8 Contracts | 90%-100% | $3,000 | $1,100 | $2,000★ | $295 | No |
|
100K | 14 Contracts | 90%-100% | $6,000 | $2,200 | $3,500★ | $430 | No |
|
150K | 18 Contracts | 90%-100% | $9,000 | $3,300 | $4,500★ | $605 | No |
|
250K | 24 Contracts | 90%-100% | $15,000 | $4,300 | $7,000★ | $745 | No |
Fast Track Evaluations
| Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Max. Daily Loss | Trailing Drawdown | Price | Discount |
|---|---|---|---|---|---|---|---|---|
|
100K | 14 Contracts | 90%-100% | $6,000 | none | $3,000★ | $75 | No |
|
250K | 24 Contracts | 90%-100% | $15,000 | none | $6,500★ | $175 | No |
Notice: The maximum number of days available to reach the profit target is limited to 14 calendar days. The Fast Track Evaluations dont have monthly recurring fees since they expire after 14 days and resets are not possible.
Static Evaluations
| Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Max. Daily Loss | Trailing Drawdown | Price | Discount |
|---|---|---|---|---|---|---|---|---|
|
100K Static | 2 Contracts | 90%-100% | $2,000 | none | $625★ | $135 | No |
|
150K Static | 4 Contracts | 90%-100% | $4,000 | none | $1,250★ | $300 | No |
Diamond Hands Evaluation
| Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Max. Daily Loss | Trailing Drawdown | Price | Discount |
|---|---|---|---|---|---|---|---|---|
|
100K | 2 Contracts | 90%-100% | $5,000 | $1,500 | $3,500★ | $365 | No |
Notice: Positions can be held overnight.
Prop Firm
Name of the prop firm.
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 (★): Whenever the account value at the end of a trading day (EOD) was higher than the value ever before in a challenge, the trailing drawdown value increases. Example: You trade a 50K account with an EOD trailing drawdown of $2,000. At the beginning, the drawdown level is at $48,000 ($50,000-$2,000). After successful trading, you end the day with $1,000 in profits. Your account balance should now always stay above $49,000 ($50,000 starting balance + $1,000 profits - $2,000 trailing drawdown).
Real-time intraday calculation (★): Whenever a new account balance high is reached (including unrealized profits), the trailing drawdown level increases. Example: You trade a 50K account with a trailing drawdown live limit of $2,000. At the beginning, the drawdown level is at $48,000 ($50,000-$2,000). You open a position that goes $1,000 into profits intraday (no matter if it is realized or unrealized profit). Now your real-time trailing drawdown moves to $49,000 intraday ($50,000 starting balance + $1,000 profits - $2,000 trailing drawdown).
Note: The drawdown trailing typically ends once the drawdown level reaches the account's initial balance. Example: Initial Balance = $50,000, drawdown amount = $2,000. The trailing of the drawdown amount stops once the account balance reaches $50,000 + $2,000 (EOD or real-time, depending on your prop firm). In some cases, the prop firm adds another $100 to the level. Make sure to check the exact parameters before you start trading.
Static (★): Static Accounts never trail the drawdown value. They remain at the level where you begin. Example: You start at a $100,000 static account with a max loss limit of $625. In the static account, your maximum drawdown level will stay at $99,375 at any given time, independently from your performance.
Profit Split Details of Funded Accounts
Traders can withdraw 100% of the first $12,500 in profits earned in their first funded account with Elite Trader Funding. Profits exceeding the $12,500 level will be split in a ratio of 90/10, where the trader can withdraw 90% of his profits, and Elite Trader Funding keeps the remaining 10%.
Payout Details and Consistency Rules in Funded Accounts
Payout requests can be made after a minimum of 15 trading days (for the first two withdrawals) and only if the cumulated profit is higher than the drawdown limit of the funded account size (e.g., $2,000 drawdown in the 50K account becomes the minimum profit before payouts are possible) plus $100. The company calls this a safety net, which can also be withdrawn once the upper level is reached. From the third withdrawal on, there is a minimum of 10 trading days.
The minimum amount for withdrawals is $100.
Requests can be sent daily, and it takes up to 24 hours to process. During approval, you can’t trade in the account.
We did not find details about the available payout methods during research.
Elite Trader Funding has a 40% consistency rule. The best day cannot be higher than 40% of total profits. If the best day does, a payout can’t be made.
Example 1: You trade for 10 days. One day, you make $5,000 in profits, and the other nine days, you make $100 in profits. The total profit is 1*$5,000 + 9*$100 = $5,900. Let’s say you want to withdraw the $5,900 now. In this case, the $5,000 profit day represents 84.75% of the profits you want to withdraw, which is above the 40% maximum.
Example 2: You trade 10 days. On your best trading day you make $1,000 in profit, the other nine days are $200 in profit each. The total profit is 1*$1,000 + 9*$200 = $2,800. Let’s say you want to withdraw the $2,800 now. In this case, the $1,000 profit day (your best day) represents 35.71% of the profits you want to withdraw, now below the 40% maximum, so you can process the withdrawal.