Best Prop Firm Trading Opportunities for Aspiring Traders in 2025 PIPPO
Best Prop Firm Trading Opportunities for Aspiring Traders in 2025 PIPPO
4.5
by Fabian Shaw, Day Trader &
Accountability Coach @ Tradacc
Elite Trader Funding stands out for its diverse evaluation programs and flexibility in trading strategies. The firm's exclusive focus on U.S. futures markets caters to traders specializing in this area. However, the complexity of its various account types and rules may require traders to thoroughly understand each program before participation.
8/10
Elite Trader Funding offers various account types with specific trading conditions, including different drawdown rules and daily loss limits. Traders should review each program's details to choose the one that aligns with their trading style.
7/10
With evaluation fees starting at $99 and the potential to manage accounts up to $300,000, Elite Trader Funding offers competitive value. The variety of evaluation programs caters to different trader preferences, enhancing its appeal.
9/10
Payouts are processed promptly, with traders often receiving funds within a few trading days after meeting the withdrawal criteria.
8/10
Elite Trader Funding is considered a legitimate proprietary trading firm, with a Trustpilot rating of 4.0 out of 5 based on 82 reviews. The firm is known for its transparent operations and timely payouts.
8/10
The firm offers customer support through its Help Center and contact forms on its website. While direct contact channels like live chat or phone support are not specified, the available resources aim to address common trader inquiries.
Learn more about Elite Trader Funding
Profit targets are set according to account size: 50K - $3,000; 100K - $6,000; 150K - $9,000; 250K - $15,000; 300K - $20,000.
A minimum of 5 trading days is required to pass most evaluation programs.
Profit targets vary by account size; for instance, a 50K evaluation account requires a $3,000 profit target, while a 100K account requires $6,000.
To qualify for a payout, traders must achieve the maximum drawdown amount plus an additional $100 in realized gains. For example, a trader with a $2,000 drawdown limit must earn $2,100 before requesting a withdrawal.
Example:
For a 50K account with a $2,000 drawdown limit, a trader must achieve $2,100 in realized profits ($2,000 drawdown + $100) before requesting a payout.
Traders retain 100% of their first $12,500 in profits. Subsequent profits are split 80/20, with 80% going to the trader and 20% to the firm. You must keep your best day under 23% of total profit made.
Consistency Rule: For Elite Sim-Funded accounts initiated before August 1, 2024, the most profitable day must not exceed 40% of the total profit when requesting a withdrawal.
Scaling: Scaling opportunities are available based on consistent performance, though specific scaling rules are not publicly detailed.
Max Risk: Risk parameters vary by account type, with specific drawdown limits set per evaluation program.
Max Drawdown: Drawdown limits differ across evaluation types; for instance, a 50K evaluation account has a max drawdown of $2,000.
News Trading: Not explicitly prohibited; traders should refer to specific account rules for guidance.
Daily Drawdown: Certain account types, like the End-of-Day Drawdown Evaluations, impose daily loss limits; for example, a 50K EOD account has a daily loss limit of $1,100.
Supported platforms include NinjaTrader (Windows only), TradingView (Mac OS, Windows, iOS, Android), Tradovate (Mac OS, Windows, iOS, Android), and Rithmic-compatible platforms like R|Trader, ATAS, Bookmap, EdgeProX, eSignal, Finamark, Investor/RT, MotiveWave, Quantower, and Sierra Chart.
Traders select an evaluation program, meet the specified profit targets without breaching drawdown limits, and upon successful completion, receive a funded account to trade live markets.
Evaluation fees range from $99 for a 10K static account to $655 for a 300K account. Fees auto-renew every 30 days unless specified otherwise.
The 100K evaluation account is often recommended for its balance between manageable profit targets and reasonable drawdown limits, making it suitable for a wide range of traders.
Elite Trader Funding is currently offering promotional discounts on their evaluation programs. Traders can avail up to 50% off on their first evaluation using promo codes such as '695NPJL1DQ9E' or 'P79EQJEBDRHP'. Additionally, there are offers like 65% off on Fast Track evaluations with the code 'MAY65'. It's advisable to check the official website or trusted coupon platforms for the most recent and applicable discount codes.
Commission fees at Elite Trader Funding vary based on the specific futures product. For instance, trading Micro Crude Oil (MCL) incurs a commission of $0.76 per contract, while Natural Gas (NG) futures have a commission of $2.26 per contract. These fees are competitive and reflect the standard costs associated with trading on U.S. futures exchanges. Traders should consult the firm's comprehensive commission guide for detailed information on all supported instruments.
Elite Trader Funding provides access exclusively to U.S. futures markets. Funded traders can engage in various asset classes, including energy (e.g., Micro Crude Oil - MCL, Natural Gas - NG), metals (e.g., Small Precious Metals - SPRE), equity indices (e.g., Small Stocks 75 - SM75), interest rates (e.g., Small 10YR US Treasury Yield - S10Y), and currencies (e.g., Small US Dollar - SFX). Cryptocurrency futures and cannabis equity futures are currently not enabled for trading. This focused approach ensures traders operate within regulated U.S. futures exchanges, maintaining compliance and market integrity.
4.5Elite Trader Funding has established itself as a credible prop firm since its inception in 2022. The firm maintains transparency in its operations, and traders have reported successful payouts, reinforcing its legitimacy in the trading community.
Elite Trader Funding provides a comprehensive Help Center that offers detailed information on account types, rules, and trading guidelines. While structured educational courses are not explicitly mentioned, the available resources support traders in understanding the firm's offerings.
Learn from the Funding Accelerator to discover the key to trading success.Elite Trader Funding is a futures proprietary trading firm that offers traders access to U.S. futures markets. The firm supports multiple trading platforms, including NinjaTrader, Tradovate, TradingView, and Rithmic. These platforms are compatible with various devices, such as Windows, macOS, and mobile operating systems like iOS and Android, providing flexibility for traders to operate from their preferred devices.
Elite Trader Funding welcomes traders from many countries; however, due to regulatory restrictions imposed by U.S. Futures Commission Merchants (FCMs), clearing firms, brokers, and Office of Foreign Assets Control (OFAC) sanctions, residents of certain countries are prohibited from receiving payouts or obtaining funding. It's essential to regularly check the list of restricted countries, as it is subject to change based on regulatory updates and restrictions from brokerage and clearing partners. [Source](https://help.elitetraderfunding.com/help/countries-restricted-and-supported)
Traders at Elite Trader Funding are not responsible for losses beyond the fees paid for evaluations, activations, or resets. If an evaluation account fails due to hitting the maximum drawdown or violating trading rules, the trader can choose to reset the evaluation for a fee or start a new one. There are no additional financial liabilities imposed on the trader beyond these fees.
Yes, traders can be banned from Elite Trader Funding for violating the firm's rules, such as using prohibited technologies like VPNs or proxies, engaging in high-frequency trading (HFT) with trades held for less than 10 seconds, or failing to close positions one minute before market close (unless holding a Diamond Hands account). Repeated violations or attempts to game the system can lead to account termination and disqualification from future participation. [Source](https://tradingfinder.com/props/elite-trader-funding/rules/)
Proprietary trading firms, or prop firms, provide traders with access to the firm's capital to trade financial instruments. In return, traders share a portion of the profits with the firm. This model allows traders to leverage more substantial capital than they might have personally, without risking their own funds, and offers the potential for higher earnings based on performance.
Elite Trader Funding is a legitimate prop trading firm that funds traders who successfully complete their evaluation programs. The firm has a transparent payout structure and has processed numerous payouts to traders. While individual experiences may vary, many traders have reported positive interactions and successful funding through the platform.
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