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Elite Trader Funding

Elite Trader Funding is a company in the United States that trades props. This piece reviews this prop company, including analysis and directions on obtaining funding with an Elite Trader Funding account. Traders find the financial support they need to excel in the market. Our goal is to empower aspiring traders by providing them with funding options tailored to their unique needs and trading strategies.

 

Whether you’re a beginner looking to kickstart your trading career or an experienced trader aiming to scale up, we’re here to help you unlock your full potential. With our flexible programs and dedicated support, you can take your trading journey to new heights. Join Elite Trader Funding and embark on a path towards trading success.

What is the minimum trading days for elite trader funding?

What is the minimum trading days for elite trader funding?

The minimum trading days for Elite Trader Funding vary depending on the specific program. To get accurate and up-to-date information, it is recommended to visit the official Elite Trader Funding website or contact their customer support.

What Exactly Is Elite Trader Financing?

Elite Trader Funding is a prop company in Florida, which is in the United States. It  follows a straightforward process to ensure traders can access the funding they need quickly and efficiently. Traders are required to showcase their trading skills by participating in a simulated evaluation phase. This evaluation helps Elite Trader Funding assess the trader’s abilities and determine the appropriate funding level. Once a trader successfully passes the evaluation, they gain access to a funded account provided by Elite Trader Funding.

What can you trade using Elite Trader Funding?

Elite Trader Funding is a company that helps people get the money they need to trade Futures. Here is a list of every one of the different types of instruments:

⦁ Equity Futures
⦁ Foreign Exchange Futures
⦁ Agricultural Futures
⦁ Energy Futures
⦁ Interest Rate Futures
⦁ Metals Futures
⦁ Futures on cryptocurrencies

What is the Elite Trader's Funding Leverage?

The stated account sums are the final amount of money that can be spent, so leverage doesn’t apply here. Instead, the size of your account determines how many contracts you may trade on each account.

How much is the payout from the Elite Trader Funding?

Elite Trader Funding gives the trader an 80% share of the income. Once funded, 80% of your gains go to you and 20% to the prop company. Your first gains are an exception. You get them without any share of the profits; your first $12,500 gains are all yours.

How big are the funding accounts for Elite Trader?

Elite Trader Funding gives money to traders whose account amounts are between $10,000 and $300,000. There’s no plan for growth. For the paid accounts, five different kinds of ratings can be used. These are:

  • 1 Step Evaluations
  • EOD Drawdown Evaluation
  • Fast Track Evaluations
  • Static Evaluations
  • Diamond Hands Evaluation

 

If you pass the evaluation you chose, you’ll get an Elite Account with the same features as your selected evaluation account. Prices start at $45 for the smaller paid account and go to $590 for the bigger one. This is the cost of taking on the difficulties. Once you are eligible for a real account, the fee is $80 per month, regardless of your size or type of account.

 

Trustpilot says that Elite Trader Funding is a great company. The score is 4.0 out of 5. It doesn’t have many reviews; only 82 of them exist.

What can you trade using Elite Trader Funding?

Elite Trader Funding is a company that helps people get the money they need to trade Futures. Here is a list of every one of the different types of instruments:

  • Equity Futures
  • Foreign Exchange Futures
  • Agricultural Futures
  • Energy Futures
  • Interest Rate Futures
  • Metals Futures
  • Futures on cryptocurrencies

What is the Elite Trader's Funding Leverage?

The stated account sums are the final amount of money that can be spent, so leverage doesn’t apply here. Instead, the size of your account determines how many contracts you may trade on each account.

How much is the payout from the Elite Trader Funding?

Elite Trader Funding gives the trader an 80% share of the income. Once funded, 80% of your gains go to you and 20% to the prop company. Your first gains are an exception. You get them without any share of the profits; your first $12,500 gains are all yours.

How big are the funding accounts for Elite Trader?

Elite Trader Funding gives money to traders whose account amounts are between $10,000 and $300,000. There’s no plan for growth. For the paid accounts, five different kinds of ratings can be used. These are:

  • 1 Step Evaluations
  • EOD Drawdown Evaluation
  • Fast Track Evaluations
  • Static Evaluations
  • Diamond Hands Evaluation

 

If you pass the evaluation you chose, you’ll get an Elite Account with the same features as your selected evaluation account. Prices start at $45 for the smaller paid account and go to $590 for the bigger one. This is the cost of taking on the difficulties. Once you are eligible for a real account, the fee is $80 per month, regardless of your size or type of account.

 

Trustpilot says that Elite Trader Funding is a great company. The score is 4.0 out of 5. It doesn’t have many reviews; only 82 of them exist.

 

Challenge – One-Step Evaluation

You can try for amounts between $10,000 and $300,000 in this contest. It was made for sellers who traded often and quickly.

 

The rules are as follows:

  • Minimum trading period: 5 days.
  • Limit selling days: There is no limit; you can take as long as you want to finish the task.
  • Max trailing drawdown: 10% on the lesser account and up to 2.5% on the larger account.
  • Profit goal: Begins at 12.5% on the shorter account and goes down to 6.67% on the bigger account.

 

This task only has one step. Once you clear it, you get an Elite account with money.

 

Challenge: End of the day drawdown evaluation

You can apply for between $25,000 and $250,000 in this challenge. This challenge has a daily loss cap and the tracking drop, which is looked at at the end of the day.

 

The rules are as follows:

  • Minimum trading period: 5 days.
  • Limit selling days: There is no limit; you can take as long as you want to finish the task.
  • Maximum daily loss: 2.2% on the smaller and 1.7% on the larger accounts.
  • Max average drawdown: Between 6% and 2.8% for the smaller and larger accounts, respectively.
  • Profit goal: Starts at 7% on the lesser account and moves down to 6% on the larger account.

 

This task has one single step as well. Once you meet the goals and don’t break any rules, you’ll get an Elite account with real money to trade

 

Challenge – Fast Track Evaluation

You can apply for between $25,000 and $250,000 in this challenge. It was made for buyers who think they can quickly reach the profit goal. You have a certain amount of time on this task to reach the profit goal.

 

The rules are as follows:

  • Minimum trading period: 5 days.
  • Maximum number of trade days: You have 14 days to reach your earning goal.
  • Max average drawdown: Ranging from 3% on the smaller account to 2.6% on the larger account.
  • Profit goal: 8% on the smaller and 6% on the larger accounts.

 

Challenge – Static Drawdown Evaluation

With this task, you can apply for accounts for $100,000 to $150,000. This account does not have a maximum loss or a maximum decline. Instead, it has a maximum withdrawal, a not-reachable minimum account amount.

 

The rules are as follows:

  • Minimum trading period: 5 days.
  • Maximum selling days: There is no limit on how many days you can trade, so you can take as much time as you need.
  • Max drawdown: Ranging from 0.6% to 0.8% of the starting amount.
  • Profit goal: ranges from 1.3% for the smaller account to 2.6% for the larger account.

 

Challenge – Diamond Hands

With this task, you can only sign up for a $100,000 account. This account was made for swing traders or traders who want to be able to keep their trades open for longer than just one day.

 

The rules are as follows:

  • Minimum trading period: 5 days.
  • Maximum selling days: There is no limit on how many days you can trade, so you can take as much time as you need.
  • Daily Loss Limit: You can’t lose more than 1.5% on any given day.
  • Trailing loss at the end of the day: 3.5%.
  • Profit goal: 5%.

Free Trial of Elite Trader Funding

The good news is that you can test it for 14 days before buying it. It’s not as good as a coupon or deal, but it’s still worth it. To be eligible for funding from Elite Trader Funding, traders need to meet certain criteria. The specific requirements may vary, but generally, traders are evaluated based on their trading skills, risk management abilities, and consistency in generating profits. Elite Trader Funding aims to identify traders who demonstrate the potential for long-term success in the market.

Elite Trader Financing Platforms

All accounts come with a free NinjaTrader license key and free real-time data. Elite Trader Funding also works with the most popular systems for dealing with futures.

 

You can use the following:

  • NinjaTrader
  • Tradovate
  • Rithmic
  • TradingView

Trading Hours Funded by Elite Trader

All deals have to be finished one minute before the market closes. Please remember that not every instrument has the same time it closes. On some days, like holidays, the store may close later than usual. But if you deal with the Diamond Hands account, you may preserve your trades overnight. This kind of account doesn’t have any rules. Depending on how you trade, you can keep your deals open for as long as you want.

CONCLUSION

In conclusion, Elite Trader Funding is your partner in achieving trading success. We understand the challenges faced by traders and are committed to providing the necessary financial resources and support to help you thrive. With our flexible funding options, personalized approach, and a team of experts ready to assist you, we aim to empower you on your trading journey. Join us today and unlock a world of opportunities as you reach new heights in the market. Trust Elite Trader Funding to be your trusted companion in realizing your trading ambitions.

F.A.Q

Yes, traders funded by Elite Trader Funding can withdraw their profits from the funded account. Elite Trader Funding allows traders to retain a significant portion of their profits, providing them with the flexibility to access and withdraw their earnings. Withdrawal processes and terms may vary, so it’s advisable to review the specific guidelines provided by Elite Trader Funding for more details on how to withdraw profits from the funded account.

Traders funded by Elite Trader Funding have the opportunity to trade in a wide range of markets. Elite Trader Funding supports trading in various markets, including but not limited to stocks, forex, commodities, and cryptocurrencies. With access to diverse markets, traders can explore different trading opportunities and strategies based on their expertise and preferences. It’s recommended to consult Elite Trader Funding or refer to their website for specific details on the markets available for trading with their funding.

The duration of the evaluation phase with Elite Trader Funding can vary. The exact time taken for the evaluation process may depend on several factors, including the trader’s performance, the market conditions, and the specific evaluation criteria set by Elite Trader Funding. Typically, the evaluation phase can range from a few days to a couple of weeks. To get accurate information about the expected timeframe for the evaluation phase, it’s recommended to reach out to Elite Trader Funding directly or refer to their official website for more details.

Elite Trader Funding does not impose a specific maximum funding limit for traders. The funding provided by Elite Trader Funding is designed to be flexible and cater to the individual needs of traders. They offer various funding options with different funding amounts, allowing traders to choose a level that aligns with their trading goals and strategies. The funding limits can vary depending on the chosen account size and the trader’s performance during the evaluation phase. To obtain accurate and up-to-date information on the funding limits, it is recommended to contact Elite Trader Funding directly or refer to their official website for detailed information.

Yes, it is possible for traders to switch to a higher funding level after the initial evaluation with Elite Trader Funding. Elite Trader Funding understands that traders may seek increased capital as they progress in their trading journey. If a trader demonstrates consistent profitability and meets the eligibility criteria, they may have the opportunity to upgrade their funding level. However, the specific terms and conditions regarding upgrading to a higher funding level may vary, and it is advisable to consult Elite Trader Funding directly or refer to their official website for detailed information on the process and requirements for switching to a higher funding level.

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Written By: Allen Matshalaga

 

Allen is a professional forex trader, blogger, and online enthusiast who spends most of his time testing and reviewing legit ways of making money online and is determined to help others succeed.