Elite Trader Funding Prop Firm Details & Reviews

COMPANY PROFILE

Firm Overview

Independent trader reviews, ratings and payout experiences for Elite Trader Funding.

Broker:Elite Trader Funding LLC, Wilmington, Delaware. Not a broker; evaluation and Elite Sim-Funded are simulated, and LIVE ELITE runs on real broker capital through US FCMs

Platform:

TradovateNinjaTraderTradingViewR|Trader ProQuantowerSierra ChartBookmapATASEdgeProXeSignalFinamarkInvestor/RTMotiveWaveTickblaze

Payment Methods:

Stripe

Payout Methods:

Riseworks

Instruments and Assets

Type of InstrumentsFutures

Assets

FuturesEquity IndicesMetalsEnergyInterest RatesAgricultural ProductsCurrency FuturesCrypto Futures

Maximum Allocation$150K

Leverage

All programmesNo leverage ratio is published - exposure is capped by position limits (1-4 minis or 10-40 micros on the smaller plans) together with the programme drawdown

Commissions

Per contractNo universal rate is published - it depends on the account and data feed (Rithmic, Tradovate or Tickblaze)

Consistency Rules

The 1-Step reward system is built on Active Trade Days rather than a single consistency percentage: a day counts only with $200 of realised profit AND at least 23% of the best ATD's P&L.A $100 ATD minimum applies instead on 10K 1-Step, 25K 1-Step, 25K EOD and 100K Static.Fast Track: 40% consistency during the evaluation, 30% at the reward stage.

Firm Rules

1-Step: $50K, $100K and $150K. Account-specific profit target, trailing drawdown, no daily loss limit, 5 minimum trading days, no maximum evaluation duration, news trading allowed, a safety net of the maximum drawdown plus $100, and resets available on a failed evaluation.

How the 1-Step trailing drawdown works: on a $50K account with a $2,000 maximum drawdown the minimum balance starts at $48,000. If an open trade reaches $1,000 of unrealised profit the threshold can trail up to $49,000 - it follows the highest UNREALISED profit, not just closed profit.

Safety net: once realised profit reaches the maximum drawdown plus $100, the trailing drawdown is removed permanently and the minimum balance locks at the starting balance plus $100.

Active Trade Day (ATD) is the unit the reward system runs on. A day counts as an ATD only with $200 of realised profit AND at least 23% of the best ATD's P&L - so if the best day made $1,000, a qualifying day needs $230.

Four account types use a $100 ATD minimum instead of $200: 10K 1-Step, 25K 1-Step, 25K EOD and 100K Static.

ATDs required per reward cycle on a standard 1-Step: 8 for cycle 1, then 10 for cycle 2, cycle 3 and every cycle after.

Static Drawdown: the drawdown does not trail upward - it stays fixed through the evaluation instead of following unrealised profit.

End of Day (EOD): the drawdown is calculated and updated at the end of the day rather than in real time.

Fast Track: 10K EOD pays $100-$500 in cycle 1, $100-$750 in cycle 2 and $100-$1,000 in cycle 3. 10K Static pays $100-$750, $100-$1,000 and $100-$1,250 across the same three cycles.

Direct to Funded: 10K Mini Inferno (5 ATDs per cycle, $1,200), 25K (10 ATDs, $1,000 then $2,000, $3,000, $4,000), 50K (15 ATDs, $2,500, $2,500, $5,000, $5,000), 100K (20 ATDs, $1,500, $2,500, $3,500, $5,000).

Diamond Hands is a separate plan built for longer holding periods and a wider risk window than the intraday-focused plans. Its pricing and configuration change often, so check at checkout.

Account limits: evaluations bought on or after 17 September 2025 allow a maximum of 5 active Elite Sim-Funded accounts; DTF is separately capped at 5 active accounts. Accounts bought before that date may be grandfathered at higher limits.

Prohibited: trading on behalf of anyone else, and self-hedging across the same or correlated instruments and accounts - the firm has a dedicated policy on it.

Traders in the same household face participation restrictions, so it should not be assumed that two people at one address can both trade.

Trade copiers, EAs and algorithmic trading fall under a dedicated disclaimer and the rules are product-specific - automation is not simply allowed or banned across the board.

News trading is allowed on the applicable plans; the firm warns about volatility rather than restricting it.

Overnight holding depends on the programme - most evaluation and sim plans are intraday-focused, while some Diamond Hands, DTF and live configurations differ.

KYC and Rise onboarding are required before any reward is paid.

The firm reports having paid over $13M to more than 13,000 funded traders.

LIVE ELITE transition is at the firm's discretion and can happen before, during or after a reward request. This is disclosed in the Terms and is the subject of several trader complaints, so it is worth reading first.

Elite Trader Funding