Elite Trader Funding

About Elite Trader Funding

Elite Trader Funding (ETF) is a US-based futures proprietary trading firm incorporated in Delaware in February 2022. Founded by CEO Kanwal Singh, the firm specializes exclusively in futures trading and has grown to become one of the more prominent futures evaluation companies in the industry. Elite Trader Funding has paid out over $12 million to more than 13,000 funded traders since its inception.

Unlike most prop firms that focus on forex and CFDs, Elite Trader Funding operates exclusively in the futures market, providing access to 76 futures contracts across major exchanges including CME, CBOT, COMEX, and NYMEX. Traders can access equity index futures (ES, NQ, YM, RTY), currency futures (6E, 6J, 6B), energy futures (CL, NG), metals (GC, SI), agricultural commodities (ZC, ZS, ZW), crypto futures (BTC, ETH), and interest rate futures (ZN, ZB).

The firm offers six distinct evaluation models: 1-Step, EOD Drawdown, Static Drawdown, Diamond Hands, Fast Track, and Direct-to-Funded. This variety allows traders to select a plan that matches their trading style, whether they prefer intraday scalping, swing trading, or overnight holding. Account sizes range from $10,000 to $300,000.

Elite Trader Funding is notable for its generous profit split structure. Traders keep 100% of their first $12,500 in profits on sim-funded accounts, and 90% of all profits beyond that threshold. The Direct-to-Funded plan offers 100% profit split across all tiers. However, it is important to understand that even after passing the evaluation, traders operate on sim-funded accounts that use simulated capital rather than real market funds.

How Elite Trader Funding Works

1. Choose an Evaluation Plan: Select from 6 evaluation types and pick an account size from $10,000 to $300,000. Most plans are monthly subscriptions; Fast Track and Direct-to-Funded are one-time fees.
2. Pass the Evaluation: Hit the profit target (5-10% depending on plan and account size) while staying within the trailing drawdown limit. Trade a minimum of 5 days (3 days for Fast Track).
3. Activate Your Funded Account: Pay the activation fee ($177-$307 lifetime, or $47 first month then $87/month) to receive your sim-funded trading account.
4. Trade Futures: Access 76 futures contracts across major exchanges using NinjaTrader, Tradovate, TradingView, or any Rithmic-compatible platform.
5. Withdraw Profits Weekly: Request payouts weekly (processed on Wednesdays) through RiseWorks. Keep 100% of your first $12,500, then 90% thereafter.

Pricing & Plans

1-Step Evaluation (Monthly): $155 (50K) | $220 (75K) | $200 (100K) | $347 (150K) | $597 (250K) | $515 (300K)

EOD Drawdown (Monthly): $115 (25K) | $197 (50K) | $287 (100K) | $457 (150K)

Static Drawdown (Monthly): $147 (10K) | $80 (25K) | $347 (50K)

Diamond Hands (Monthly): $487 (100K)

Fast Track (One-time): $297 (100K) | $447 (150K) | $597 (250K)

Direct-to-Funded (One-time): $647 (25K) | $747 (50K) | $997 (100K)

Activation Fees: $177-$307 lifetime, or $47 first month then $87/month

Promotional discount codes (e.g., NINJA for up to 50% off first month) are frequently available.

Rules & Restrictions

• Trailing Drawdown: Varies by account size ($500 for 10K up to $6,500 for 250K). Drawdown type depends on evaluation plan (intraday trailing, EOD trailing, or static).
• Profit Targets: 5-10% depending on plan and account size
• Minimum Trading Days: 5 days for most plans, 3 days for Fast Track
• Maximum Trading Days: Unlimited for most plans, 10 calendar days for Fast Track
• Position Limits: 10 contracts (50K) up to 60 contracts (300K)
• Overnight/Weekend Holding: Not allowed except on Diamond Hands plan
• 10-Second Hold Rule: All positions must be held for a minimum of 10 seconds
• Market Close: All positions must be closed 1 minute before market close (except Diamond Hands)
• 23% Active Trading Day Rule: Best trading day must earn at least 23% of profits to count as an ATD
• 40% Consistency Rule: No single active trading day can exceed 40% of total accumulated profits
• Minimum 8 ATDs: Required before requesting a payout on sim-funded accounts
• EAs/Bots: Allowed
• News Trading: Allowed
• Scalping: Allowed (with 10-second minimum hold)
• Hedging: Not allowed

Payouts

Elite Trader Funding processes payout requests weekly, with processing occurring on Wednesdays through RiseWorks (Riseworks.io). The first four payout requests must be a minimum of $500 each. Traders receive 100% of their first $12,500 in sim-funded profits and 90% of all profits beyond that threshold. The Direct-to-Funded plan offers 100% profit split at all levels. There is a 5% profit cap for the first three payouts on some account types. Payout requests require a minimum of 8 Active Trading Days, and the 40% consistency rule must be met before any withdrawal is approved.

Is Elite Trader Funding Legit?

Elite Trader Funding is a registered Delaware LLC that has been operating since February 2022. The company has processed over $12 million in payouts to more than 13,000 funded traders, and its payout infrastructure is built on RiseWorks. The firm holds a 3.8/5 rating on Trustpilot from approximately 1,039 reviews, reflecting a mix of positive and negative experiences. Common praise centers around the variety of evaluation plans and generous profit split, while complaints often involve the activation fees, strict consistency rules, and the sim-funded nature of accounts. The firm is transparent about the fact that funded accounts use simulated capital, which is standard in the futures prop firm space. Elite Trader Funding is US-based and US-friendly, making it accessible to American traders.

FAQ

What is Elite Trader Funding?

Elite Trader Funding is a US-based proprietary trading evaluation firm focused exclusively on futures markets. Traders can access accounts from $10,000 to $300,000 across 76 futures contracts after passing an evaluation, keeping up to 100% of their profits.

How much does Elite Trader Funding cost?

Evaluation plans range from $80/month for a $25,000 Static Drawdown account to $997 one-time for a $100,000 Direct-to-Funded account. Most plans are monthly subscriptions. An additional activation fee of $177-$307 applies when transitioning to a funded account.

What is Elite Trader Funding's profit split?

Traders keep 100% of their first $12,500 in sim-funded profits. After that, the split is 90% to the trader and 10% to the firm. Direct-to-Funded accounts offer 100% profit split at all levels.

Does Elite Trader Funding allow EAs/bots?

Yes, Elite Trader Funding allows the use of automated trading systems and Expert Advisors on supported platforms including NinjaTrader and Rithmic-compatible platforms.

Is Elite Trader Funding available in the US?

Yes, Elite Trader Funding is a Delaware-incorporated company and is fully available to US-based traders. The firm trades US futures contracts on CME, CBOT, COMEX, and NYMEX exchanges.