Elite Trader Funding

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

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Details

Instruments

Futures

Profit Split

80%

Trading Platforms

TradingView, Tradovate, Ninjatrader, Rithmic

Multiple Accounts

Max 20 Accounts

Drawdown Type

Trailing Threshold & Daily Loss Limit

Reset Fee

$75

Steps

1 & 2 Steps

Max Account Size

$300,000

Payout Schedule

1 Payout per Month

Minimum Trading Days

5 Days to Pass a Challenge

Overnight Trading

Other Features

• Several evaluation options
• Fast Track Evaluations (pay less if you think you can hit profit target quickly)
• End of Day Drawdown Evaluations (end of day trailing drawdown and daily loss limit)
• Static Drawdown Evaluations (max loss and no trailing drawdown)

Featured Funding Accounts

About

Elite Trader Funding was founded by three professionals who wanted to help empower the retail trader and reward them for disciplined success. We know what it’s like to start from scratch as we each come from humble beginnings. Learning what a margin call is with your own money is devastating, so don’t risk your own money. Learn to trade and prove you can to become an Elite Trader.
Rating on Trustpilot

TrustScore

4.3
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FAQ

What is a "prop firm" / "funding company"?

A prop firm is a proprietary firm that provides funding to profitable traders. The prop firm makes a percentage of the profits made by the traders while the traders receive most of the profits and are happy because they’re not risking their own money.

Why should I get funded?

Getting funded has numerous benefits, including the ability to secure funding for your trading carrier without risking your own money. Instead, you can use a funding company’s money for a fee that’s usually 10%-20% taken from our profits.

How do I get funded?

To get funded you have to pass a so-called “challenge” that will prove the funding firm that you are profitable. During this challenge you will trade with demo money on an account tracked by the funding company. Depending on the amount of funding you want to receive you will have to follow specific rules such as reaching a specific profit target, not losing more than a specific amount of money and trading for a specific amount of days to prove consistency.

What does the "Minimum Trading Days" mean?

The “Minimum Trading Days” specify the amount days you have to trade in order to pass a challenge account. While you have a minimum amount of days, most prop firms have no maximum amount of days to pass a challenge so you have the freedom of trading for as long as you need to reach your profit target.

What is the monthly fee?

The monthly fee is the amount of money you have to pay every month until you pass a challenge account. If a prop firm’s “Minimum Trading Days” is less than a month, then you can pass a challenge account within one month so you will only have to pay for the 1st month of the challenge.

What is a reset fee?

Most funding firms allow their traders to pay a fee when they fail a challenge account to reset the account and start over. The reset fee is usually cheaper than any of the monthly challenge account fees which means you won’t have to purchase a challenge account again when you fail.

What is the "Profit Split"?

The profit split represents how much money you are getting from your profits. If the profit split is 90% it means that you’ll get 90% of the money you made and the other 10% is retained by the funding company.

Daily Loss Limit vs. Trailing Threshold

There are two types of drawdown that funding firms usually use.

The first type is the “Daily Loss Limit” which, defined by its name, means that you are not allowed to lose more than a specific amount of money in a single trading day. Funding firms that use a “Daily Loss Limit” usually have a “Max Loss Limit” as well which doesn’t allow you, the trader, to lose more than a specific amount of money during the entire challenge.

The second type is the “Trailing Threshold” which trails your loss limit as you make more money. For example, if you are just starting a $50,000 challenge account with a “Trailing Threshold” of $2,500 that means your balance is not allowed to go under $47,500 (minimum account balance). If you got into a trade and at any point during that trade you peaked $500 in profit (even if you only made $300 when you closed the trade because you held it open for too long) your minimum account balance will become $48,000. This type of drawdown restriction discourages traders to hold profitable trading positions for too long, so they won’t fear about giving their money back to the market.

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Risk disclosure: This content is for informational purposes only and may not be current or accurate. Funded.gg is independent, but may receive compensation through advertising and sponsored products. Our authors and contributors are not financial advisors. Consult a financial professional before making any financial decisions.

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