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Elite Trader Funding · Rules

Elite Trader Funding rules explained

A plain-English walk-through of Elite Trader Funding's drawdown, consistency, news, copy-trade, and payout rules, pulled from the firm's published policies and re-checked on Apr 15, 2026.

United StatesDrawdown: trailingVerified Apr 15, 2026

Elite Trader Funding

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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.

How the drawdown works

Your drawdown line moves up as your equity hits new highs during the evaluation. Scaling into winners can pull that line up faster than realized P&L suggests, so a pullback after a spike can breach the line even though you're still net-profitable for the day. 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.

Worked example, $10K Evaluation: starting balance $10,000, max loss $750, profit target $750. As your equity rises toward $10,750, the drawdown line trails beneath it, a 30% single-day gain can pull the line up quickly.

Full rule summary

Elite Trader Funding rule summary
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 tradingRestricted, check firm rules
Copy tradingAllowed
ScalpingAllowed
Overnight holdsNot allowed
Minimum trading days5 days
Inactivity limit10 days
Multi-account limitsETF caps the number of concurrent evaluations and funded accounts per trader. Review the current policy before purchasing additional accounts.

What to check before buying

  • Drawdown fits your style: If you scale into winners and then reduce, the trailing line can breach on a pullback, size conservatively early.
  • Consistency rule: A consistency rule applies, check the exact threshold before your first payout request.
  • Minimum trading days: You'll need at least 5 trading days before a payout is eligible.
  • No overnight holds: Flatten every position by session close. If you trade a swing style, this firm may not fit.
  • News trading restricted: Flatten ahead of high-impact US releases, holding through a restricted event is a common evaluation-killer.
  • Max contracts per tier: Contract caps may apply, check the firm's current policy before sizing up.

Rule FAQs

What type of drawdown does Elite Trader Funding use?

Elite Trader Funding uses a trailing drawdown. Your drawdown line moves up as your equity hits new highs during the evaluation. Scaling into winners can pull that line up faster than realized P&L suggests, so a pullback after a spike can breach the line even though you're still net-profitable for the day. 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.

Does Elite Trader Funding enforce a consistency rule?

Yes, Elite Trader Funding enforces a consistency rule at payout request. 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.

Can I hold positions overnight at Elite Trader Funding?

No. Elite Trader Funding requires all positions to be closed by the daily hard stop. Holding a position into the next session is grounds for failing the evaluation or losing the funded account.

Does Elite Trader Funding restrict news trading?

Elite Trader Funding restricts news trading around high-impact releases. Check the firm's current event calendar and flatten ahead of restricted windows.

How does code PIP affect Elite Trader Funding rules?

Code PIP discounts the evaluation price, it does not change any rule. The drawdown, consistency, news, and payout rules on this page apply regardless of the discount. Use PIP to lower the cost to reach funded; use this page to make sure the rules fit your trading style.

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