Elite Trader Funding is a CFA Charteholder that offers 5 funding plans with 1-step evaluation programs to provide access to 76 Futures products. The prop firm has a profit split of up to 100% for the first $12,500 and 90% after that.
Elite Trader Funding (Company Information)
Elite Trader Funding is a prop firm based in the United Stated. The company was founded in February 2022 by a team of seasoned professionals with extensive experience in trading, banking, and web development. Key features of ETF prop firm:
- Multiple challenge options ranging from $50K to $300K
- 100% profit split for the first $12,500 and 90% further on
- Futures trading
- Holliday, Weekend, and News trading
- Transparent track record of successful traders and their payouts
- Automatic evaluation account reset
- TradingView support
- NYMEX, CME Group, CBOT, and COMEX available
- Challenges with no daily loss limits
Elite Trader Funding Table of Specifics
You can trade multiple accounts with one ETF login. The firm is also a CFA Charterholder. Let’s see what other specifics set Elite Trader Funding apart.
Account currency | USD |
Minimum price | $75 |
Maximum leverage | N/A |
Maximum profit split | Up to 100% |
Instruments | Interest Rate, Equity, Metals, Energy, Currencies, Crypto |
Assets | 76 |
Evaluation steps | 1-Phase |
Withdrawal methods | Rise |
Maximum fund size | $300,000 |
First profit target | 5% |
Max. daily loss | 2.2% |
Challenge time limit | 30 Days (Except the Fast Track Challenge) |
News trading | Allowed |
Maximum total drawdown | 10% |
Trading platforms | Tradovate, NinjaTrader, TradingView |
Commission | Variable based on the assets |
TrustPilot score | 3.8 |
Payout frequency | 10 Days |
Established country | USA |
Elite Trader Funding offers a two-tier profit-sharing model. Traders retain 100% of the profits earned up to the first $12,500. Once this threshold is reached, future profits are split 90/10, with 90% going to the trader and 10% to the firm.
Pros & Cons
Every prop trading platform has its strengths and weaknesses. Let's weigh the advantages and disadvantages of Elite Trader Funding prop firm.
Pros | Cons |
Multiple account sizes and evaluation types | No free Demo account |
High profit split (90% after the first $12,500) | $80/month subscription fee for live-funded accounts |
Optional $75 reset fee for failed evaluations | No overnight positions in most account types |
Elite Trader Funding partners with multiple major liquidity providers, including CME, COMEX, NYMEX, SMFE, and SWOT. This wide base of connections enhances execution quality and supports a broad range of futures markets.
Funding Plans and Their Prices on Elite Trader Funding
The next subject on Elite Trader Funding review is the funding and pricing. The firm offers a range of evaluation programs to cater to different needs and risk appetites.
Capital | Direct To Funded (DTF) | 1 Step | EOD Drawdown | Fast Track | Static | Diamond Hands |
$10K | - | - | - | - | $99 | - |
$25K | $599 | - | - | - | $229 | - |
$50K | $699 | $165 | $295 | - | $449 | - |
$100K | - | $205 | $430 | $75 | - | $365 |
$150K | - | $295 | $605 | - | - | - |
$250K | - | $515 | - | $175 | - | - |
$300K | - | $655 | - | - | - | - |
Note that upon successfully completing evaluation phase, you need to pay an $80 monthly fee to keep your real account activated. Also if you fail to complete the challenge within 30 days, you must pay the fee again.
When traders breach their account’s maximum drawdown, they have the option to reset the evaluation parameters by paying a flat $75 fee. This reset option is not applicable in accelerated accounts.
How to Open an Account and Verify It on Elite Trader Funding?
The Elite Trader Funding Registration is fast, flexible, and tailored to your trading style. Whether you're aiming for 1-Step, Fast-Track, EOD, Static, or Diamond Hands challenges, account setup takes only a few minutes.
#1 Pick Your ETF Challenge Type
Select your evaluation model: 1-Step, Fast-Track, End-of-Day (EOD), Static, or Diamond Hands.
#2 Define ETF Account Size
Choose your preferred trading capital tier.
#3 Fill Out the ETF Registration Form
Provide your personal and account details.
#4 Choose a Platform on ETF
Select from Ninja Trader, Tradovate, Rithmic, or Trading View.
#5 Complete Payment on ETF
Submit your fee and receive your trading credentials via email - ready to start trading.
#6 Elite Trader Funding Verification
In order to get funded and start trading on live accounts, you must complete the KYC process and provide the following documents.
- Proof of Identity
- Proof of Address
Go to the profile section and look for the KYC/Verification option.
Elite Trader Funding Evaluation Conditions
Understanding the evaluation rules is crucial for success with Elite Trader Funding. Here are the key points, from daily drawdowns to profit targets.
Direct to Funded (DTF)
This program skips the evaluation phase and takes you directly to the funded account.
Properties | $25K | $50K |
Total Drawdown | 10% | 10% |
Profit Target | N/A | N/A |
Max Positions | 2 minis, 2 micros | 2 minis, 2 micros |
Payout Frequency | 10 ATD | 15 ATD |
1 Step
The program is suitable for traders who trade fast and more frequently.
Properties | $50K | $100K | $150K | $250K | $300K |
Total Drawdown | 4% | 3% | 3.33% | 2.6% | 2.5% |
Profit Target | 6% | 6% | 6% | 6% | 6.66% |
Max Positions | 8 minis, 80 micros | 14 minis, 140 micros | 18 minis, 180 micros | 24 minis, 240 micros | 30 minis, 300 micros |
Min Trading Days | 5 | 5 | 5 | 5 | 5 |
Payout Frequency | 15 Days for 1st to 2nd payout, then every 10 Days | ||||
EOD Drawdown
The program features an end of day trailing drawdown and daily loss limit.
Properties | $50K | $100K | $150K |
Total Drawdown | 4% | 3.5% | 3% |
Daily Loss Limit | 2.2% | 2.2% | 2.2% |
Profit Target | 6% | 6% | 6% |
Max Positions | 8 minis, 80 micros | 14 minis, 140 micros | 18 minis, 180 micros |
Min Trading Days | 5 | 5 | 5 |
Payout Frequency | 15 Days for 1st to 2nd payout, then every 10 Days | ||
Fast Track
Are you confident in your trading skills? Set a 2-week time limit for your challenge and pay less.
Properties | $100K | $250K |
Total Drawdown | 3% | 2.6% |
Profit Target | 6% | 6% |
Max Positions | 14 minis, 140 micros | 24 minis, 240 micros |
Min Trading Days | 5 | 5 |
Max Trading Days | 14 | 14 |
Payout Frequency | 15 Days for 1st to 2nd payout, then every 10 Days | |
Static
There is no trailing drawdown on this challenge and the starting amount of min account balance never changes.
Properties | $10K | $25K | $50K |
Total Drawdown | 5% | 4% | 4% |
Profit Target | 10% | 8% | 8% |
Max Positions | 1 minis, 10 micros | 2 minis, 20 micros | 4 minis, 40 micros |
Payout Frequency | 15 Days for 1st to 2nd payout, then every 10 Days | ||
Diamond Hands
The only challenge plan that allows you to hold overnight and weekend positions is Diamond Hands. The program features an end-of-day trailing drawdown, which is also applicable to funded accounts. The only available account size on this challenge is $100,000.
Total Drawdown | 3.5% |
Daily Loss Limit | 1.5% |
Profit Target | 5% |
Max Positions | 2 minis, 20 micros |
Min Trading Days | 5 |
Payout Frequency | 15 Days for 1st to 2nd payout, then every 10 Days |
Elite Trader Funding Bonus and Promotion Programs
Elite Trader Funding offers several enticing bonus and promotion programs, including free data, account resets, and free NinjaTrader license key. But there are two main reward plans on ETF: Affiliate and Rewards.
- Affiliate: Commissions on evaluation accounts ranging from 7% to 15%, and a $5 commission on each Reset Fee for the first month;
- Rewards: Earn 1 point for every dollar you spent and use these points to buy various products, such as account reset (1250 points), 100K Fast Track (4200 points), and 250K Fast Track (8000 points).
As of our latest evaluations, we have noticed that ETF has decided to expand its services to Nigerian, Belgian, Indonesian, Kenyan, and Romanian users. To mark this expansion, they are offering a 90% discount and a promo code for new users. Additionally, users have the option to access up to 20 Elite-style funded accounts.
ETF Trading Rules
Setting trading rules are usual in Prop Firms; Elite Trader Funding is not an exception; Key Points of ETF Rules:
- VPN & VPS Usage: VPN and VPS usage is now allowed for trading ETF accounts, effective April 22nd;
- Hedging: Hedging against oneself using the same instrument across multiple accounts is strictly prohibited;
- Expert Advisors (EAs): No information provided on EA usage;
- Martingale & Arbitrage Strategies: Martingale strategy is prohibited due to high-risk nature. No details on Arbitrage;
- News Trading: No restrictions during major economic news events, allowing trading flexibility.
VPN & VPS Usage
Effective April 22nd, ETF accounts will allow the use of VPNs and VPSs for trading purposes, addressing the needs of traders who require enhanced privacy or security.
Traders can utilize VPNs or VPS services, ensuring they comply with the platform's regulations and are not using restricted country IPs.
Hedging Policy
Hedging across multiple accounts using the same instrument is strictly prohibited.
Traders cannot open opposite positions on the same instrument across two or more accounts that are owned or associated with them, including accounts within the same household or address.
Expert Advisor (EA) Usage
No specific policy on Expert Advisors (EAs) is provided on the website, so it’s important to assume that any trading strategies involving EAs should be compliant with general trading rules unless further guidelines are announced.
Martingale & Arbitrage Strategies
Using the Martingale strategy, where traders increase the position size after a loss to recover, is prohibited.
This strategy poses a significant risk of substantial losses, especially in volatile markets. Arbitrage strategies are not mentioned on the website, and traders should proceed with caution when considering such methods.
News Trading Policy
ETF does not impose restrictions on trading during major economic news events.
Traders are free to trade during periods of high volatility, such as the release of key economic data, allowing them to take advantage of market movements without interruptions or imposed trading pauses.
Available Trading Platforms on Elite Trader Funding Prop Firm
Next stop on the Elite Trader Funding review is exploring the trading platforms. The firm supports a wide range of popular trading platforms and two main data feed. ETF data feed and their compatible trading platforms:
- Tradovate
- NinjaTrader
- TradingView
- Rithmic
While Elite Trader Funding provides access to these platforms, it's important to note that they don't directly operate or maintain them. Traders are responsible for ensuring compatibility and compliance with platform guidelines.
The firm does not offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for trading.
Elite Trader Funding Financial Instruments
Elite Trader Funding specializes in US Futures instruments, offering a diverse range of trading opportunities.
- Interest Rate (e.g., Treasury Bonds, Notes)
- Equity (e.g., E-mini S&P 500, E-mini Nasdaq 100)
- Agricultural (e.g., Corn, Soybeans, Wheat)
- Metal (e.g., Gold, Silver, Copper, Platinum)
- Energy (e.g., Natural Gas, Crude Oil, Gasoline Physical)
- Currency (e.g., Euro, Japanese Yen)
- Cryptocurrency (e.g., Bitcoin, Ethereum)
What Payment Methods Are Available on Elite Trader Funding Prop Firm?
We have to explore the payment/payout methods in this stage of Elite Trader Funding review. The firm offers only Fiat and Crypto withdrawals via Rise. Payments are made via Credit/Debit cards, such as Visa, MasterCard, American Express, Discover, and Union Pay.
Elite Trader Funding Fee Structure (Commission and Spread)
Understanding the trading and non-trading fees is crucial for managing your trading costs. Elite Trader Funding prop firm fee structure:
- One-time activation fee: $150-$300 (depending on account size and type);
- Monthly subscription: $80 for active Elite Sim-Funded accounts;
- Market Data: $128 for CME, COMEX, NYMEX, CBOT, and $80 for Eurex;
- Commissions: $2.00 for Minis, $0.62 for Micros, and $0.69 for Eurex.
ETF Educational Resources
While Elite Trader Funding's primary focus is on providing funded accounts, they do offer some educational resources through their rather new blog in regards of subjects like futures trading, financial news, and the firm’s announcements.
Topics such as fundamental and technical analysis, trading psychology, and money management are notably absent. Traders looking for structured learning materials will need to rely on third-party resources.
Elite Trader Funding Trust Scores
Elite Trader Funding currently holds a TrustPilot rating of 3.8 out of 5 stars. Reviews highlight rewarding points program, excellent customer support, and clear guidelines and transparency. Evaluation prices, consistency rules, and payout policies are the areas of concern.
How to Reach ETF Customer Support
It’s time to explore support channels in this Elite Trader Funding review. The firm offers several ways to get in touch.
Chat Bot | Available on the website |
Ticket | Through the “Contact Us” form |
Note that standard customer service hours are 8 am-4 pm CST, Monday through Friday. Absence of an official email address and phone number is a total letdown for potential customers.
Elite Trader Funding Social Media Handles
Elite Trader Funding maintains an active presence on social media, offering another way for traders to stay connected.
- Discord
- YouTube
Elite Trader Funding Comparison Table
Let's see the differences between Elite Trader Funding features and those of other firms; ETF Comparison:
Parameters | Elite Trader Funding Prop Firm | |||
Minimum Challenge Price | $75 | $39 | $15 | $33 |
Maximum Fund Size | $300,000 | $250,000 | $100,000 | $400,000 |
Evaluation steps | 1-Phase | 1-Step, 2-Step, 3-Step | 1-Step, 2-Step | 1-Step, 2-Step, 3-Step, Instant Funding |
Profit Share | Up to 100% | 100% | 85% | 100% |
Max Daily Drawdown | 2.2% | 5% | 4% | 7% |
Max Drawdown | 10% | 10% | 8% | 14% |
First Profit Target | 5% | 5% | 8% | 6% |
Challenge Time Limit | Unlimited | Unlimited | Unlimited | Unlimited |
Maximum Leverage | N/A | 1:100 | 1:75 | 1:100 |
Payout Frequency | 10 Days | Bi-weekly | 10 Days | Weekly |
Number of Trading Assets | 76 | 3000+ | 400+ | 40+ |
Trading Platforms | Tradovate , NinjaTrader, TradingView, Rithmic | Metatrader 5 | Match-Trader, cTrader | MetaTrader 5, Match Trader |
Expert suggestions
Elite Trader Funding provides Futures trading across NYMEX, CME Group, CBOT, COMEX exchanges through its funded accounts with a balance, ranging from $50,000 to $300,000. The prop firm supports TradingView, Tradovate, and NinjaTrader platforms, and processes Crypto and Fiat withdrawals through Rise.