Elite Trader Funding, despite being a relatively new player in the prop trading world, has quickly gained popularity, boasting thousands of partners globally. In this Elite Trader Funding review, I will explore the platform’s standout features, which include a wide array of account choices, minimal trading restrictions, and the flexibility to adjust trading tools to fit individual needs.
One of the most attractive aspects of Elite Trader Funding is its profit split arrangement, where traders can retain 80-100% of their profits, a rate significantly higher than many competitors.
The platform also stands out for its high level of transparency and customizable trading settings, factors contributing to its reputation as a game-changer in prop trading. With these features, it’s clear why many traders consider this platform a top choice.
For those considering the platform, Elite Trader Funding offers a free 14-day trial period, providing an excellent opportunity for traders to evaluate its suitability for their trading style and goals. For traders focused on getting the best price on Elite Trader Funding, this trial period can be a valuable step in determining if it aligns with their trading aspirations. Read on to find out more.
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Getting the Best Price on Elite Trader Funding
Elite Trader Funding offers a range of account sizes for traders, starting from $10,000 up to $300,000, without a scaling plan. Traders have the option to choose from five different types of evaluations to qualify for funded accounts.
These evaluations include 1 Step Evaluations, EOD Drawdown Evaluation, Fast Track Evaluations, Static Evaluations, and Diamond Hands Evaluation. After successfully passing the chosen evaluation, traders are granted an Elite Account that mirrors the specifications of the evaluation account selected.
The pricing for these evaluations varies based on the size of the funded account you aim for. The cost to take the challenges for smaller funded accounts begins at $45 and can go up to $590 for larger accounts. Once you qualify for a real account, irrespective of the account type and size, there is a standard fee of $80 per month.
For those seeking to get the best price on Elite Traders Funding, it’s important to consider these various pricing options. Additionally, using my Elite Trader Funding promo code provides further savings of 65%!!!
Benefits of Elite Trader Funding
Now that I have ensure you are getting the best price on Elite Trader Funding by using my Elite Trader Funding discount code, let’s take a closer look at the beneficial features you can expect with Elite Trader Funding:
- Trader-Centric Approach: The platform is designed to support the success of retail traders. It provides a space for traders to demonstrate their skills and, if successful, access significant capital. The prop firm model ensures that traders can earn a substantial portion of the profits, aligning the company’s interests with those of its traders.
- Variety of Evaluation Types: Catering to different trading preferences and risk tolerances, Elite Trader Funding offers a range of evaluation types. Each evaluation comes with specific profit targets and drawdown limits, allowing traders to select the one that best aligns with their trading style.
- Attractive Profit Split: The platform offers a favorable profit split arrangement. Traders receive 100% of the profits up to $12,500, and beyond that, they keep 80%, a rate that is competitive within the industry.
- Flexible Trading Conditions: Elite Trader Funding stands out for its flexible trading conditions. Traders have the freedom to trade at their preferred times, including during news events, accommodating various trading strategies.
- Diverse Account Sizes and Tariffs: The platform provides the opportunity to receive funds for trading ranging from $10,000 to $300,000, offering a variety of account options.
- 14-Day Free Trial: New partners can access all services free of charge for a 14-day trial period, allowing them to explore the platform’s features.
- Account Reset Option: If traders hit the maximum drawdown, they have the option to reset the account parameters, offering a safety net for managing risks.
Limitations of Elite Trader Funding
Now that you know the benefits of Elite Trader Funding, in order to give you a balanced perspective, I will list the potential limitations:
- Monthly Subscription Fee: Unlike many of its competitors who charge a one-time initial fee, Elite Trader Funding requires clients to pay a monthly subscription fee. This ongoing financial commitment could be a consideration for traders comparing prop firms.
- Platform Restrictions: The firm does not support trading via popular platforms like MetaTrader 4 and MetaTrader 5 (MT5). Instead, traders are required to use platforms such as NinjaTrader, Tradovate, TradingView, and Rithmic. This limitation might affect traders who are accustomed to or prefer MetaTrader platforms.
- Challenges for Novice Traders: The daily loss limit and maximum drawdown rules might pose challenges for novice traders. These rules require a certain level of skill and experience to navigate effectively.
Final Thoughts
Elite Trader Funding presents a mix of attractive features and certain limitations that traders should consider. Its trader-centric approach, flexible trading conditions, and an array of account options and tariffs make it a compelling choice for those seeking access to significant trading capital. The attractive profit split and absence of general maximum drawdown requirements add to its appeal, especially for experienced traders.
For those considering this platform, it’s essential to balance these aspects against your trading goals and strategies. Elite Trader Funding stands out as a viable option for traders looking for flexibility and a supportive trading environment. For those focused on getting the best price on Elite Trader Funding, or to explore more about the platform and decide if it’s the right fit for your trading aspirations, Click Here.
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