United States • Founded 2022100% first $12,500 then 90%
Processed every Wednesday
CME, CBOT, NYMEX, COMEX
Min 3-5 trading days (varies)
Trading Platforms
Rithmic
Tradovate
NinjaTrader
TradingView
Investor/RT
ATAS
Bookmap
EdgeProX
Finamark
MotiveWave
Quantower
Sierra Chart
eSignal
Payout Methods
Rise
About Elite Trader Funding
Founded in February 2022 and headquartered in the United States, Elite Trader Funding is a futures proprietary trading firm led by CEO Kanwal Singh along with co-founders Clint Chaney and Eric Ho. With a 3.8 TrustPilot rating, ETF stands out by offering six distinct evaluation programs targeting different trader profiles. The firm offers a generous profit split of 100% on the first $12,500, then 90% thereafter, with payouts processed weekly via Rise.
Challenge Programs
1 Step (Live Trailing)
Standard evaluation with intraday live trailing drawdown that follows your equity in real-time
Profit Split: 100% first $12,500, then 90%
Live trailing drawdown | Min 5 trading days | No daily loss limit | No overnight holding
Static Drawdown
Fixed drawdown that never trails - stays at initial level regardless of profits
Profit Split: 100% first $12,500, then 90%
Static drawdown | Min 5 trading days | Higher profit targets | No overnight holding
EOD Drawdown
Drawdown only updates at end of each trading session based on closed balance
Profit Split: 100% first $12,500, then 90%
EOD trailing | Daily loss limit applies | Min 5 trading days | No overnight holding
Diamond Hands
The only program allowing overnight and weekend position holding for swing traders
Profit Split: 100% first $12,500, then 90%
EOD trailing | Daily loss limit $1,500 | Overnight & weekend holds allowed | $100K only
Fast Track
Time-limited evaluation (10 days) with lower fees but no monthly renewal - qualify quickly or restart
Profit Split: 100% first $12,500, then 90%
EOD or Static drawdown | 10 day limit | No monthly renewal | 3 days to pass
Direct To Funded
Skip evaluation entirely and start trading funded immediately with no monthly subscription
Profit Split: 100% first $12,500, then 90%
Instant funding | No evaluation required | Pay once, no monthly fees
Key Features
• 100% Profit Split: Keep 100% of your first $12,500 in profits, then 90% thereafter
• 6 Evaluation Programs: Choose from 1 Step, Static, EOD, Diamond Hands, Fast Track, or Direct To Funded
• Free Monthly Resets: Automatic free reset if you fail while subscribed (except Fast Track)
• Weekly Payouts: Payout requests processed every Wednesday via Rise
• 8 Active Trading Days: Required before first payout with 23% consistency rule
• 40% Consistency Rule: Best single day cannot exceed 40% of total profits at withdrawal
• Platform Flexibility: 13+ compatible platforms including NinjaTrader, Tradovate, TradingView, Sierra Chart, Quantower, and more
• Up to 20 Accounts: Can hold up to 20 Sim-Funded accounts from one login
Max Contract Sizes
| Program | Account Size | Max Minis | Max Micros |
|---|---|---|---|
| 1 Step (Live Trailing) | $50,000 | 8 | 80 |
| $100,000 | 14 | 140 | |
| $150,000 | 18 | 180 | |
| $250,000 | 24 | 240 | |
| Static Drawdown | $10,000 | 1 | 10 |
| $25,000 | 2 | 20 | |
| $50,000 | 4 | 40 | |
| EOD Drawdown | $50,000 | 8 | 80 |
| $100,000 | 14 | 140 | |
| $150,000 | 18 | 180 | |
| Diamond Hands | $100,000 | 2 | 20 |
| Direct To Funded | $25,000 | 2 | 2 |
| $50,000 | 5 | 5 | |
| $100,000 | 3 | 3 | |
| Fast Track | $10,000 EOD | 1 | 10 |
| $10,000 Static | 1 | 10 |
Commission rates and FAQ:
Restricted Countries
| Size | Program | Target | Max Loss | Drawdown | Contracts | Profit Split | Payout | Loyalty | Activation | Price |
|---|
80% OFF 1 Step Accounts
80% off all 1 Step accounts (Trailing Drawdown) - 100% Profit Split
51.95% OFF Direct To Funded 100K
51.95% off the 100K Direct To Funded account - Instant funding, no evaluation
80% OFF Static Accounts
80% off all Static accounts (Fixed Drawdown) - 100% Profit Split
80% OFF Diamond Hands
80% off Diamond Hands account (Overnight & Weekend Holds) - 100% Profit Split
80% OFF EOD Accounts
80% off all End of Day accounts (EOD Trailing Drawdown) - 100% Profit Split
23% Active Trading Day Rule
To qualify for payouts, you need at least 8 Active Trading Days. An ATD requires minimum $200 in realized profit AND at least 23% of your best trading day's P&L.
40% Consistency Rule
Your single best Active Trading Day cannot exceed 40% of total accumulated profits at withdrawal time. This prevents lottery-ticket trading.
Minimum Trading Days
Most programs require 5 minimum trading days to pass evaluation. Fast Track requires 3 days within a 10 calendar day limit.
Live Trailing Drawdown
For 1 Step programs, drawdown trails your highest unrealized account balance in real-time during the trading session.
EOD Drawdown
For EOD and Diamond Hands programs, drawdown only updates at the end of each trading session based on your closed balance.
Static Drawdown
For Static programs, drawdown is fixed at initial level and never trails regardless of profits made.
Overnight Holding
Overnight and weekend holding is NOT allowed except for Diamond Hands program. All positions must be closed before market close.
News Trading
News trading is allowed with no restrictions on trading during high-impact news events.
Algorithmic Trading
Algorithmic and automated trading strategies are permitted on all programs.
Copy Trading
Copy trading is allowed. You may use trade copiers between your own accounts.
Free Monthly Resets
If you fail but keep paying the monthly subscription, ETF automatically resets your account at no extra charge (except Fast Track which has no monthly renewal).
Activation Fee
Funded accounts require either $47-$87/month OR a one-time fee of $177-$307 depending on account size. Direct To Funded has no activation fee.
Restricted Countries
Live On-Chain Payouts — Last 30 Days
Loading…RISEPAY on-chain data only. Some firms also pay via wire or other crypto — figures are a partial view.
Minimum: $200 per request • Maximum: Varies ($1,000-$5,000)
Processing: Weekly (Wednesdays)
All Sim-Funded Accounts
Weekly payout requests available, processed every Wednesday via Rise. Minimum 8 Active Trading Days required before first payout.
Profit Split Structure
100% of first $12,500 in profits. 90% of all profits beyond $12,500. This is one of the best splits in the industry.
Direct To Funded
First payout after 10-20 days depending on account size (25K=10 days, 50K=15 days, 100K=20 days).
LIVE Elite Accounts
After consistent Sim-Funded performance, ETF may invite you to a LIVE Elite account with real capital and daily payout access.
Max Contract Sizes by Program
1 Step (Live Trailing) Program
Static Drawdown Program
EOD Drawdown Program
Diamond Hands Program
Direct To Funded Program
Fast Track Program
Commission rates and FAQ:
Highlights
100% First $12,500
Keep all profits up to $12,500, then 90% after
6 Evaluation Programs
Choose the ruleset that matches your trading style
Free Monthly Resets
Automatic reset if you fail while subscribed
Expert Review & Ratings
Elite Trader Funding is a well-established futures prop firm that launched in February 2022. What sets them apart is the variety - six distinct evaluation programs targeting different trader profiles including the unique Diamond Hands for swing traders. The 100% profit split on your first $12,500 is genuinely generous. However, the path from Sim-Funded to LIVE Elite accounts lacks transparency, and the complex payout rules (23% ATD requirement, 40% consistency rule) can frustrate traders who don't read the fine print.
Summary
Elite Trader Funding is a US-based futures proprietary trading firm founded in 2022 by Kanwal Singh, Clint Chaney, and Eric Ho. With a 3.8 TrustPilot rating, ETF offers six evaluation programs: 1 Step (Live Trailing), Static, EOD, Diamond Hands, Fast Track, and Direct To Funded - each targeting different trader profiles. The firm stands out with a 100% profit split on the first $12,500, free monthly resets, and platform flexibility with 13+ supported options including NinjaTrader, TradingView, Sierra Chart, Quantower, and more. Account sizes range from $10K to $250K. Traders should carefully review the 23% Active Trading Day rule and 40% consistency rule before expecting payouts.
Deep Dive
More About Elite Trader Funding
Is Elite Trader Funding Legit?
Elite Trader Funding is a legitimate futures proprietary trading firm based in the United States, founded in February 2022 by Kanwal Singh, Clint Chaney, and Eric Ho. With a 3.8 TrustPilot rating, ETF has built a sizeable community of traders since launch. The firm is known for its wide variety of evaluation programs, generous profit split structure, and free monthly resets. ETF processes payouts weekly via Rise, providing a reliable withdrawal method. While some traders have expressed concerns about customer support response times and the complexity of payout rules, the firm continues to operate and pay traders consistently. The mix of positive and critical reviews on TrustPilot reflects an honest, nuanced reputation rather than artificially inflated scores.
Elite Trader Funding vs Other Futures Prop Firms
Elite Trader Funding vs Take Profit Trader: TPT offers 80-90% split with Pro+ live trading and daily payouts across 14 platforms. ETF offers 100% on first $12,500 then 90% with 13+ platforms and 6 programs. ETF's Diamond Hands allows overnight holding while TPT does not. TPT has been operating 4+ years vs ETF's 3 years.
Elite Trader Funding vs FundedNext Futures: FundedNext offers 80% flat split with a Rapid program featuring 3-day payouts. ETF offers 100% on the first $12,500 then 90% with 6 programs. ETF has far more platforms (13+ vs 3) and higher allocation ($2M vs $500K). FundedNext's 4.5 TrustPilot is higher than ETF's 3.8.
Elite Trader Funding vs Alpha Futures: Alpha Futures (UK, 4.9 TrustPilot) has no activation fees with 70-90% scaling split across 3 platforms. ETF offers 100% on first $12,500 then 90% with 13+ platforms and more program variety (6 programs). ETF's Diamond Hands allows overnight holding. Alpha has the higher TrustPilot rating (4.9 vs 3.8).
Elite Trader Funding Frequently Asked Questions
What is the profit split at Elite Trader Funding?
Elite Trader Funding offers 100% profit split on your first $12,500 in profits, then 90% thereafter. This applies across all evaluation programs.
What evaluation programs does Elite Trader Funding offer?
ETF offers six programs: 1 Step (Live Trailing), Static Drawdown, EOD Drawdown, Diamond Hands (swing trading), Fast Track (10-day limit), and Direct To Funded (instant funding with no evaluation).
What is the 23% Active Trading Day rule at ETF?
To qualify for payouts, you need at least 8 Active Trading Days. An ATD requires minimum $200 in realized profit AND at least 23% of your best trading day's profit. This ensures consistent performance.
Can you hold trades overnight at Elite Trader Funding?
Only with the Diamond Hands program. All other programs require positions to be closed before market close. Diamond Hands is the only ETF program that allows overnight and weekend holding.
What is the Diamond Hands program at Elite Trader Funding?
Diamond Hands is a $100K account with EOD trailing drawdown, $1,500 daily loss limit, and the unique ability to hold trades overnight and through weekends. It costs $397 with no current discount.
Does Elite Trader Funding have free resets?
Yes, if you fail your evaluation but keep paying the monthly subscription, ETF automatically resets your account at no extra charge. This applies to all programs except Fast Track which has no monthly renewal.
What is the maximum allocation at Elite Trader Funding?
The maximum allocation at Elite Trader Funding is $2,000,000 across up to 20 Sim-Funded accounts simultaneously from one login.
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