Elite Trader Funding

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.

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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%.