Futures prop firm review
Elite Trader Funding review
Elite Trader Funding is a futures-focused evaluation firm that runs a one-step evaluation with a trailing drawdown. It publishes a broad set of account sizes from $10K through $250K, supports the standard futures platform stack, and advertises a 20/80 split after the firm's initial payout threshold. Traders pick ETF when they want a large tier range and frequent promos; traders avoid ETF when they want end-of-day drawdown or a lighter rule set.
Elite Trader Funding
50% off with PIPUp to 50% off with code PIP
Use code PIP for up to 50% off eligible evaluations. Applies to 6 eligible products.
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At a glance
Best-fit trader
Active intraday futures traders who want a wide account catalog, frequent discounts, and a trailing drawdown they are used to managing.
Main rule to understand first
Trailing drawdown follows unrealized profit intraday until you pass the initial balance by a firm-defined buffer, scaling inside a winning trade can move your drawdown line faster than expected.
Quick facts
| Firm | Elite Trader Funding |
|---|---|
| Account sizes | $10,000 – $250,000 |
| Drawdown type Trailing drawdown tracks unrealized profit during the evaluation. The line locks once equity is above the initial balance by a firm-defined buffer. Confirm the exact buffer per account tier against the current ETF rules page before purchase. | Trailing |
| Profit split | 80/20 |
| Payout cadence | bi-weekly |
| Min payout | $200 |
| Platforms | Tradovate, NinjaTrader, Rithmic, Quantower |
| News trading | Restricted, check firm rules |
| Copy trading | Allowed |
| Minimum trading days | 5 days |
| Country (HQ) | United States |
Pricing and PIP discount
Full-price evaluations, the PIP-adjusted price estimate, reset and activation fees, and the minimum out of pocket to reach a first payout.
| Account | Full price | With PIP | Reset | Activation | Min. out of pocket |
|---|---|---|---|---|---|
$10K Evaluation Target $750 · Max loss $750 · Daily loss $400 | $129 | $65 | $100 | $130 | $195 |
$25K Evaluation Target $1,500 · Max loss $1,500 · Daily loss $500 | $175 | $88 | $100 | $130 | $218 |
$50K Evaluation Target $3,000 · Max loss $2,000 · Daily loss $1,000 | $205 | $103 | $100 | $130 | $233 |
$100K Evaluation Target $6,000 · Max loss $3,000 · Daily loss $2,000 | $325 | $163 | $100 | $130 | $293 |
$150K Evaluation Target $9,000 · Max loss $4,500 · Daily loss $3,000 | $365 | $183 | $100 | $130 | $313 |
$250K Evaluation Target $15,000 · Max loss $6,500 · Daily loss $4,500 | $605 | $303 | $100 | $130 | $433 |
PIP price applied to the evaluation only. Reset and activation fees shown at full price. Minimum out of pocket assumes you pass on the first attempt. Always confirm at checkout, offers change.
Rule summary
Plain-English rules pulled from the firm's published policies. Always verify on the firm's site before purchase.
| Drawdown type Trailing drawdown tracks unrealized profit during the evaluation. The line locks once equity is above the initial balance by a firm-defined buffer. Confirm the exact buffer per account tier against the current ETF rules page before purchase. | Trailing drawdown |
|---|---|
| Profit target Targets and limits scale with the account tier, see pricing. | $750 on the $10K Evaluation |
| Max loss | $750 on the $10K Evaluation |
| Daily loss limit | $400 on the $10K Evaluation |
| Consistency rule Elite Trader Funding applies a consistency guideline on funded accounts at payout review. The firm publishes the current threshold on its rules page, check it before requesting a payout. | Yes, see firm's current policy |
| News trading | Restricted, check firm rules |
| Copy trading | Allowed |
| Scalping | Allowed |
| Overnight holds | Not allowed |
| Minimum trading days | 5 days |
| Inactivity limit | 10 days |
| Multi-account limits | ETF caps the number of concurrent evaluations and funded accounts per trader. Review the current policy before purchasing additional accounts. |
Payouts
| First payout eligibility | After 14 trading days |
|---|---|
| Minimum payout | $200 |
| Maximum payout | Uncapped |
| Profit split | 80% trader / 20% firm |
| Payout cadence | bi-weekly |
| Payout methods | Bank wire, Rise, Crypto |
Conditions to satisfy on payout request
- Minimum trading day count must be met before the first payout.
- Consistency guideline must be satisfied at payout review.
- All positions must be flat during the end-of-day window on payout-request days.
Common reasons payouts are rejected
- Breaching the trailing drawdown after scaling into a winning trade.
- Trading into news releases that ETF marks restricted.
- Requesting a payout before the minimum trading day count.
Payouts are reviewed by ETF's compliance team before they are released. Expect a review window on top of the posted processing time.
Who it fits / who should avoid it
Who Elite Trader Funding fits
- Intraday futures traders who are comfortable with a trailing drawdown.
- Traders who want a wide range of account sizes from small tiers up to $250K.
- Traders who can hit profit targets without holding contracts overnight.
Who should avoid Elite Trader Funding
- You swing-trade and need to hold contracts overnight.
- You want an end-of-day or static drawdown rather than trailing.
- Your edge depends on a small number of outlier days (the consistency guideline will block payouts).
FAQs
Does Elite Trader Funding honor code PIP?
What kind of drawdown does ETF use?
How many accounts can I hold at Elite Trader Funding?
Can I hold positions overnight at ETF?
When does ETF release the first payout?
Is copy trading allowed at ETF?
Alternatives worth comparing
Not sure Elite Trader Funding fits? Here are three other futures prop firms worth comparing on rules and cost.
Hybrid drawdown
MyFundedFutures
Code PIP
current offer
US futures prop firm offering three program tiers, Starter, Expert, and Milestone, with end-of-day drawdown on the Expert and Milestone tracks and a one-step evaluation.
- Split
- 90/10
- Min payout
- $1000
- Accounts
- 6
Platforms/Tradovate, NinjaTrader, Rithmic
Trailing drawdown
Apex
80%
off with code PIP
High-profile US futures prop firm known for frequent promo cycles, trailing-drawdown evaluations, and a large catalog of account sizes.
- Split
- 90/10
- Min payout
- $500
- Accounts
- 7
Platforms/Tradovate, NinjaTrader, Rithmic
End-of-day drawdown
Take Profit Trader
40%
off with code PIP
US futures prop firm running a one-step evaluation with end-of-day drawdown and a 90/10 profit split after the initial withdrawal threshold.
- Split
- 90/10
- Min payout
- $250
- Accounts
- 4
Platforms/TopstepX, Tradovate, NinjaTrader
Change log
- Apr 15, 2026Offer update
Confirmed PIP discount at 50% off eligible evaluation accounts.
- Mar 30, 2026Rule change
Verified trailing drawdown model and overnight hold restriction still enforced.
- Feb 18, 2026Pricing update
Reviewed evaluation prices and activation fee, no change since the previous check.
Sources
- Partner: https://pipback.com/best-futures-prop-firms/(checked Apr 15, 2026, confidence high)
- Firm terms: https://elitetraderfunding.com/rules(checked Apr 12, 2026, confidence medium)
- Firm support: https://elitetraderfunding.com/faq(checked Apr 12, 2026, confidence medium)