Elite Trader Funding (ETF) gives traders access to capital and training. Choose from multiple account sizes and funding programs to fit your trading style and goals. ETF offers a 2 week free trial on their $250K Fast Track account on NinjaTrader so you can try risk free.
Profit sharing at ETF is 100% of the first $12,500 to you. After that 80% to you and 20% to ETF. Active accounts are $80/month.
ETF has great reviews from many users with a 3.8/5 stars on Trustpilot with 360 reviews. 73% of reviewers gave 5 stars.
Customer support at ETF is very helpful and responsive. This is especially good for new traders who need extra guidance.
Elite Trader Funding Review
Top Elite Trader Funding Competitors by Category
ETF is a major player in the prop trading space. They offer multiple funding paths and have introduced some unique features.
Some of the benefits of Elite Trader Funding are:
- Multiple exchanges
- $12,500 100% profit split option
- Affordable account resets
- Mobile trading
- 5 day qualification period
Many traders who used to use TopStep Trader have joined ETF. The ability to link Tradovate with TradingView accounts has been a big draw.
Entry costs for Elite Trader Funding are:
FeatureCostMinimum entry fee$40Account reset$75Data feed$80
You can often find discounts that make new accounts even cheaper than the reset price.
Note: Elite Trader Funding is not to be confused with elite-traders.com which has a bad reputation. When researching make sure to not mix the two up. Elite Trader Funding appears to be a legit prop trading firm based on what we have found.
While ETF has some great features, you should also consider alternatives that offer better value in certain areas:
- Lower entry costs
- More flexible trading rules
- Higher profit splits
- Faster payout
- More educational resources
Research and compare multiple prop trading firms to find the best fit for your trading style and goals. Consider account sizes, profit sharing, and evaluation criteria when making your decision.
Elite Trader Funding’s Diamond Hands Evaluation
ETF has introduced a new evaluation program called Diamond Hands. This is for swing traders who want to maximize their potential with larger account sizes and longer trading windows.
The Diamond Hands evaluation is a $100,000 account where you can hold positions overnight and through weekends. This allows you to trade longer term market moves and trends.
Features of the Diamond Hands evaluation:
- Account size: $100,000
- Max contracts: 2 mini or 20 micro
- End of day drawdown calculation
- Max drawdown: $3,500
- Daily loss limit: $1,500
- Profit target: $5,000
- Cost: $365
The end of day drawdown calculation adds an extra layer of fun to your trading. You get to monitor your performance until the market closes and can adjust your strategy.
Risk management is a big part of the Diamond Hands evaluation. The $3,500 max drawdown and $1,500 daily loss limit will protect your account while still allowing you to take calculated risks. These safeguards so you can trade with confidence without fear of big losses.
When you hit the $5,000 profit target you’ll have the satisfaction of knowing you’ve been put to the test and proven yourself as a swing trader. This is a big accomplishment.
The Diamond Hands evaluation is a great addition to the ETF offerings. It gives you the tools and parameters to prove yourself in a more flexible and profitable environment.
Elite Trader Funding 2022 Milestones
ETF grew big in 2022. Over 1,700 traders qualified for over 5,200 accounts, making over $1.75 million in profit. We paid out $630,000 to traders and $300,000 to affiliates.
Three new evaluation types were added to cater to different trading styles. Customer support handled over 20,000 tickets. The Discord community grew to 2,500 members.
Traders enjoyed $1 million in discounts and giveaways. This made it easier to get in and participate across different account sizes.
ETF’s 2022 features:
- Multiple funding options
- Access to multiple exchanges and products
- Mobile trading
- 100% profit retention for the first $12,500 earned
Costs were $45 to $655. 50% off 1-Step Evaluations. Traders could trade futures and small exchange instruments. Manage up to 10 accounts.
The platform connected to:
- NinjaTrader
- Tradovate
- TradingView
This gave traders more flexibility to use their favorite tools and strategies. Funding time was 5 days. So you can get funded quickly if you’re successful.
ETF’s 2022 was a solid foundation for the future. By focusing on trader success, platform improvements and community we’re a player in the proprietary trading firm space.
Trader Funding
1-Step Evaluations – Drawdown and Profit Target Balance
Elite’s 1-Step evaluations have the best drawdown and profit target balance. With a $25,000 account you’ll aim for a $1,500 profit and avoid a $1,500 drawdown. Larger accounts have up to $7,500 in drawdown allowance.
Features:
- One drawdown number to track
- 10 day minimum trading period
- One profit target to hit
- Full size trading from day one
- Real-time data and NinjaTrader license included
- Mobile trading via TradingView and Tradovate
- $75 reset fee – lowest in the industry
You can manage up to 10 programs at a time and potentially get $75,000 in drawdown with 300 futures contracts available from the start.
Rapid Track – Budget Friendly for Aggressive Traders
Rapid Track evaluations are for aggressive traders who usually complete challenges in 10 trading days. These low cost options start at $45 before discounts.
Differences from 1-Step:
- Much lower fees
- No reset option
- 14 calendar days for 10 trading days
- Up to 2 months of free live data in funded accounts
The largest Rapid Track account has $6,500 in drawdown for $150 before discounts. Best drawdown-to-fee ratio.
Fixed Drawdown – For Extended Position Holding
If you prefer a non-trailing drawdown the Fixed Drawdown might be more your style. Unlike other evaluations the minimum balance remains the same regardless of account fluctuations.
Fixed Drawdown account features:
- $100,000 virtual balance
- $625 drawdown
- $2,000 profit target
- Trade 2 mini, 20 micro or 2 small exchange contracts
- 10 day minimum to funding
- $75 reset fee
- NinjaTrader and mobile trading options
Elite’s evaluations have options to fit different trading styles and budgets. You can get high leverage from as low as $45 and funded in 10 days.
To choose the right program for you consider:
- Trading style: Aggressive or conservative?
- Time frame: Short term or long term?
- Budget: What’s your evaluation budget?
- Drawdown: Trailing or fixed?
- Account size: What’s your funded account size goal?
Elite has discounts right now so now is a good time to check them out. Whether you’re an experienced trader or just starting out you’ll find an option that fits your needs and risk tolerance.
Remember to read the full rules and parameters of each program before signing up. This way you can choose the right evaluation for your trading strategy and financial goals.
Elite Trading Programs
Elite Funding 100K Fast Track is the most popular one. You get a $100,000 account with a $6,000 profit target and $3,000 trailing drawdown. Keep 100% of your first $12,500 profit.
Trading platforms: NinjaTrader and Tradovate, data included. You can trade news and have up to 14 contracts (140 micros) per position.
Funding in 10 days so you can live trade fast.
$75 Account
150k Evaluation
This evaluation account has $150,000 trading capital with a $9,000 profit target. You can hold up to 18 contracts or 180 micros per position. The trailing drawdown is $5,000.
You keep 100% of your first $12,500 in profit. Funding in 10 days. Data included and news trading allowed. Good balance of drawdown and profit target.
$295 Package
50K 1-Step Evaluation is a path to funded trading. You have 10 days to make $3,000 profit while keeping $2,000 drawdown. Trade up to 8 contracts with data included and platforms. News trading allowed and you can manage up to 10 accounts.
$165 Plan
This is a middle of the road option for traders. You get access to the main features and funding at a mid price. Check if this fits your goals and budget.
Elite Trader Funding Options and Features
Elite Trader Funding has options to fit different trading styles and budgets. You can choose from multiple 10 day evaluation options from $45 to $75,000. These evaluations can turn a small fee into a funded trader account.
The maximum position size is a key feature that sets Elite apart. You can trade your full size from day one no need for complicated scaling plans. For example the 150k 1 Step evaluation account allows:
- 18 mini contracts (ES, NQ, CL, ZB)
- 180 micro contracts (MES, MNQ)
- 18 Small Exchange contracts
While these position sizes give you high leverage, be sure to practice good risk management and don’t over extend yourself.
Elite simplifies drawdown rules by using one number for the entire evaluation. This trailing drawdown is the maximum allowed drawdown from your account high, including open and closed trades. For example in a $150,000 account with a $5,000 drawdown:
- Your balance can’t go below $145,000
- As you make new highs the threshold moves up
- Unrealized gains also affect the trailing drawdown
Elite has several trading software options:
- NinjaTrader (included with evaluation fees)
- Tradovate
- TradingView (connected to Tradovate feed)
You can trade:
- CME, CBOT, NYMEX, COMEX contracts
- Small Exchange contracts
The profit split is trader friendly:
- Keep 100% of your first $12,500 in profit
- 80% profit split after that
If you go over your drawdown limit you can reset your account for $75, one of the lowest reset fees in the industry.
Elite programs stand out because of their flexibility and trader friendly features. You have big position sizes, simple drawdown structure and multiple trading instruments. Having NinjaTrader included with evaluation fees is a bonus especially for smaller account sizes.
When considering an Elite Trader Funding program think about your trading style, risk tolerance and instruments you trade. No daily or weekly drawdown limits may be good for some traders but it also requires good risk management.
Keep in mind these programs are high risk. Always approach funded accounts with a trading plan. The high leverage is a double edged sword use it wisely and within your risk.