Elite Trader Funding

Overview

Elite Trader Funding are a relatively new trading evaluator arriving on the scene in 2022.

They offer:

one-step evaluations with an intra-day trailing drawdown
two-step evaluations with a daily loss limit and an end-of-day drawdown
“Fast Track” evaluations with no daily loss limit, an intra-day trailing drawdown, and a fixed time window for reaching the revenue target

Elite also will automatically reset your evaluation for free if it is in a loss state (you’ve broken a rule, exceeded your maximum drawdown, etc.) at the time of your re-subscription.

Minimum time to get funded ★★★★☆

The minimum trading time required on all evaluations offered by Elite Trader Funding is just five days. This is one of the shortest periods offered by any funded trader evaluation company.

Minimum time to first payout ★★★☆☆

Elite Trader Funding have “minimum trading day” requirements and “maximum withdrawal” limits during a funded trader’s first four payouts. After the first four payouts, withdrawal limits are removed but payouts are processed monthly.

Cost until first payout ★★☆☆☆

Funded account fees are monthly and the minimum trading day requirement until the first payout means that a funded trader must trade – and pay for – a funded account for two months.

Platform flexibility ★★★★★

Elite Trader Funding base their evaluations on the Rithmic Paper Trading Server so any Rithmic-capable platform can be used.

Evaluation rules ★★★★☆

Evaluation rules include loss limits and drawdown rules. There are no scaling plans, trading through news restrictions or consistency rules.

Service & Reliability ★☆☆☆☆

Communications with the company have recently taken a turn for the worse. The company is US-based, account setup is quick, but customer service emails have not been responded to and there is no obvious way to contact anyone personally/directly. At this time we are advising caution with Elite Trader Funding.

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Trademarks
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Risk Disclosure
There is a risk of loss in futures, forex and options trading. There is risk of loss trading futures, forex and options online. Please trade with capital you can afford to lose. Past performance is not necessarily indicative of future results. Nothing in this site is intended to be a recommendation to buy or sell any futures or options market. All information has been obtained from sources, which are believed to be reliable, but accuracy and thoroughness cannot be guaranteed. Readers are solely responsible for how they use the information and for their results. Emoji Limited does not guarantee the accuracy or completeness of the information or any analysis based thereon.

Hypothetical Performance Disclosure
Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

Testimonials/Reviews Disclosure
Testimonials and reviews appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.

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