Elite Trader Funding Review 2025

What is Elite Trader Funding?

Elite Trader Funding (ETF) is a proprietary trading firm that provides a unique opportunity for traders to demonstrate their skills in simulated environments. Established in Delaware, USA in 2022 by Clint Chaney, Kanwal Singh, and Eric. , ETF offers traders the chance to earn live funding based on their trading performance in simulated accounts. ETF provides several evaluation options. Traders can keep 90% of their profits, and trade with live accounts after their first $12,500. The optional evaluation reset fee is only $75. ETF also offers automatic free evaluation account resets on monthly subscription renewal if the account is failed. Once a trader passes the evaluation phase and moves to an Elite Account, they start with the same capital and drawdowns as the evaluation account. The drawdown will be permanently removed once the trader has earned realized profits equal to the drawdown +$100. In terms of trading rules, ETF does not allow traders to hold trades overnight. All trades must be closed 1 minute before the close of the market. Different instruments have different market closing times, and it is the trader’s responsibility to know these and close their positions before the respective market closes. ETF has received positive feedback from its users. They appreciate the quick response to their questions, concerns, and needs. Users have also praised ETF’s customer service for resolving various queries and requests. In conclusion, Elite Trader Funding is a trusted futures prop trading platform for traders seeking funding for their trading pursuits. The futures markets are vast and dynamic and offer abundant opportunities. ETF continues to add new features and improve their value to customers. , making it a top choice for many traders.

What is the Review Rating of Elite Trader Funding?

What are the Pros of Elite Trader Funding?

Elite Trader Funding (ETF) is a leading choice for traders seeking funding and support. Here are some of the key advantages:. 1. Varied Evaluation Options: ETF offers varied evaluation options to reflect your trading style. Traders have the flexibility to choose from various evaluation types, each with specific criteria such as initial balance, maximum trading days, profit target, and drawdown limits. 2. Freedom to Trade: ETF provides the freedom to trade without time constraints. The platform is designed to provide traders with flexible trading conditions, allowing them to trade during their preferred hours, including holidays, special events, and market-moving news events. 3. Generous Profit Sharing: ETF allows traders to keep a lavish 80% of profits after the initial $12,500. They offer a unique profit-sharing model that allows traders to keep 100% of their first $12,500. 4. Complimentary Monthly Evaluation Resets: If stumbled, ETF offers complimentary monthly evaluation resets. 5. Emphasis on Trader’s Skills and Abilities: One of the key advantages of ETF is its emphasis on the trader’s skills and abilities rather than imposing restrictive rules or prescribing specific trading styles. 6. Access to Educational Resources: ETF recognizes the importance of education and skill development for traders. The program offers access to educational resources, coaching, and support to help traders enhance their trading knowledge and expertise. 7. Large Selection of Accounts and Tariffs: ETF has a large selection of accounts and tariffs. , offering diverse funding programs that cater to traders at various stages of their careers. 8. Minimum Restrictions and Flexible Adjustment of Trading Tools: ETF has minimum restrictions and allows for flexible adjustment of trading tools. 9. Excellent Customer Service: ETF’s customer service and Discord channel ensures that traders can stay connected and manage their accounts seamlessly. In conclusion, Elite Trader Funding is a unique program designed to support traders who possess viable trading methods but lack the necessary funds to execute their strategies effectively. It stands out with many distinctive features tailored to foster trader success.

What are the Cons of Elite Trader Funding?

Elite Trader Funding, a proprietary trading firm based in Florida, offers a unique profit-sharing model that allows traders to keep 100% of their first $12,500. However, there are several cons associated with this platform that potential traders should be aware of:. No Overnight Trades: Traders are not allowed to hold overnight trades. This restriction may limit trading strategies that require longer-term positions, particularly for those involved in the forex market where currency fluctuations can occur round the clock. Payout Verification Procedure Time: The payout verification procedure may take up to 24 hours. This can be a disadvantage for traders who prefer quick access to their funds. In the fast-paced world of forex trading, this delay could potentially result in missed opportunities. Challenging for Novice Traders: The platform might be challenging for novice traders due to daily loss limit and maximum drawdown rules. These rules could potentially limit the flexibility of trading strategies, especially for those who are still learning the ropes of forex trading. Unregulated Sphere: Traders’ funding is an unregulated sphere, enabling companies to make exaggerated promises and embellish reality. In fact, people mostly lose money by paying the fee for the Challenge (testing) and not receiving funding. This lack of regulation could potentially expose traders to unnecessary financial risks. In conclusion, while Elite Trader Funding offers some attractive features, potential traders should carefully consider these cons before deciding to engage with the platform. It’s crucial to thoroughly analyze the pros and cons, and make an informed decision based on one’s trading style, risk tolerance, and financial goals.

Is Elite Trader Funding Regulated and who are the Regulators?

Elite Trader Funding (ETF) is a platform that offers a clear path to live funding through their partner, T3 Global. However, it’s important to note that T3 Global is not a regulated entity by the National Futures Association (NFA), Commodity Futures Trading Commission (CFTC), or any other regulator. Despite not being directly regulated, T3 Global holds corporate memberships with the Chicago Mercantile Exchange (CME), which are available for qualified members of the T3 Global Group, LLC. They are also market participants on the Intercontinental Exchange (ICE). Both the CME and ICE are highly regulated entities, providing some level of oversight. Furthermore, T3 Global clears Marex Capital markets, which is an NFA-regulated Futures Commission Merchant (FCM). This means that while T3 Global and, by extension, Elite Trader Funding are not directly regulated by financial authorities, they operate within a framework that involves regulated entities. It’s crucial for potential traders to understand this structure. While the lack of direct regulation might raise concerns, the involvement of regulated entities in their operations provides a level of assurance. However, traders should always perform their due diligence and understand the risks involved before engaging with such platforms.