Is Elite Trader Funding The Best Futures Proprietary Trading Firm

Jeremy BiberdorfBy: Jeremy Biberdorf

October 21, 2023October 21, 2023

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Elite Trader Funding is a proprietary trading firm that provides funding opportunities for futures traders. The company allows traders to demonstrate their trading skills in a simulated trading environment. If you perform well, you have the chance to receive funding to trade live markets.

Elite Trader Funding offers several evaluation options for traders looking to prove themselves. You can choose a shorter-term evaluation like the 5-day mini-account challenge or a longer 30 to 90-day standard account. For seasoned traders, Elite Trader Funding also provides a swing trader evaluation.

Once you pass the evaluation process, Elite Trader Funding will fund your trading account. They offer a generous 70/30 profit split for successful traders. You keep 70% of the profits, and Elite Trader Funding takes 30% as compensation.

This profit-sharing model is better than most prop trading firms, including those trading in forex, and allows traders to keep more of what they earn. There is no doubt Elite Trader Funding can hold its own, but is it the best when it comes to futures? Here is a detailed Elite Trader Funding review to determine if it is.
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How Does Elite Trader Funding Work

Elite Trader Funding provides funded accounts for futures traders. To qualify, you choose an evaluation that matches your trading style and account size preference.

Evaluations for funded futures range from $10,000 to $300,000 in initial balance. You have a set number of trading days, typically 10 to 30 days, to meet the profit target while staying within the maximum drawdown limit.

Once you start the evaluation, you receive access to a simulated trading account with the initial balance you chose. Trade as you normally would, following your proven strategy. Elite Trader Funding’s model is appealing because if you meet the evaluation criteria, you keep 80% of the profits over $12,500.

If your evaluation is successful, Elite Trader Funding will fund your account with the same amount as your initial evaluation balance. You continue trading and keeping 80% of the profits.

Elite Trader Funding does not place restrictions on trading strategies or the number of trades. They provide transparency into your metrics and performance through their portal.

Who is Elite Trader Funding Best For?

Elite Trader Funding can be a great fit for many types of traders, depending on your experience level and trading style.

  • Novice Traders: If you’re just getting started as a trader, Elite Trader Funding is an excellent way to gain real-world experience without putting your capital at risk. You can start with a small account to learn the ropes and as your skills improve.
  • Experienced Traders: For seasoned traders, Elite Trader Funding offers the opportunity to access larger account sizes and a higher profit split. If you have a proven track record of profitability and want to take your trading to the next level.
  • Flexible Traders: If you prefer not to be chained to a desk and want the flexibility to trade when and where you want, Elite Trader Funding could be ideal. You can trade the markets during the hours that suit your schedule.
  • Swing and Day Traders: For short-term swing traders and day traders, Elite Trader Funding offers an attractive model to take advantage of the daily volatility and price fluctuations in the markets.

Elite Trader Funding Key Features

Elite Trader Funding (ETF) offers some attractive features for futures traders and stock traders looking to get funded. Their trader-centric approach and flexible trading conditions make them an appealing choice.

  • Trader-Centric Approach: ETF is focused on helping traders achieve success. They give retail traders a way to show their skills and gain access to funding if they meet performance targets.
  • Evaluation Types: ETF provides different evaluation types based on account size. Each type has unique rules for things like profit targets and max drawdown. Whether you want to start small or go big, ETF has an option to fit your needs.
  • Profit Split: ETF offers an attractive profit split. After you earn the first $12,500, you keep 80% of the profits. This generous split means the more you make, the more you take home.
  • Flexible Trading Conditions: Skilled traders get a lot of flexibility. You can trade whenever you want, even during news events. They let you manage risk your way based on your trading style and risk tolerance.

Is Elite Trader Funding The Best Futures Prop Firm?

For new traders looking to gain real-world experience, Elite Trader Funding lowers the barriers to entry. Seasoned traders, on the other hand, will appreciate Elite Trader Funding’s generous profit splits and lack of hidden fees. Traders keep up to 80-90% of profits, one of the highest in the industry.

While trading does involve risks, Elite Trader Funding aims to reduce risks through strict drawdown rules and education. Funded traders must follow maximum drawdown limits to avoid liquidation. The firm also provides risk management training and 24/7 support.

A free two-week trial period lets you test the waters before committing financially. You can experience real-time trading to determine if Elite Trader Funding suits your needs. Click here to use the coupon code ETF4EVER to save 65% on the evaluation fee if you proceed to a funded account.

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Jeremy Biberdorf
Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He's a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

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