# Elite Trader Funding — rules, pricing and payouts

> Elite Trader Funding — proprietary trading firm tracked by Prop Firm Pal.

**Source:** https://propfirmpal.com/firms/unverified/elite-trader-funding  
**Generated:** 2026-10-07  
**Publisher:** Prop Firm Pal — independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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## Key terms
| Field | Value |
| --- | --- |
| Verification | Listed, not verified |
| Community rating | no reviews yet |
| Evaluation types | not published |
| Cost to a $100,000 funded account | not published |
| Cheapest entry price | not published |
| Instant funding | not offered |
| Account sizes | not published |
| Maximum profit split | not published |
| Phase 1 profit target | not published |
| Daily drawdown | not published |
| Maximum drawdown | not published |
| Platforms | not published |
| Instruments | not published |
| Payment methods | not published |
| Payout methods | not published |
## Is Elite Trader Funding legit?

Prop Firm Pal has not verified Elite Trader Funding, so this is not an endorsement: it is what the record shows. Its own pages name the operating company as Elite Trader Funding LLC, in Wilmington, Delaware, USA (mailing address in the terms). It was founded in 2022. Its website has been active in Prop Firm Pal's monthly traffic record since November 2025, and traffic over the last three months is steady. It claims over $13 million paid to traders; that is its own figure, and we have not seen its payout records. Its payout policy is published, and summarised on the Payouts tab.

| Record | What we hold |
| --- | --- |
| Company | Elite Trader Funding LLC |
| Founded | 2022 |
| Headquarters | Wilmington, Delaware, USA (mailing address in the terms) |
| In our traffic record | Since November 2025 (11 months) |
| Traffic, last three months | Steady (+10% to September 2026) |
| Paid to traders (its claim) | over $13 million |

- Company: "Elite Trader Funding LLC, 2810 N. Church St, PMB 53832, Wilmington, Delaware, USA, 19802." — https://elitetraderfunding.app/terms-of-service
- Founded: "Elite Trader Funding was founded on February 14, 2022." — https://elitetraderfunding.app/about
- Paid to traders: "More than four years in, we have funded thousands of traders and paid out over $13 million, and the whole company is built around one idea: when our traders win in live markets, we win too." — https://elitetraderfunding.app/about

## What this firm publishes

Elite Trader Funding (ETF) is a futures prop firm founded on February 14, 2022 by Kanwal Singh. It sells six routes to a funded account: 1-Step with a live trailing drawdown (50K to 250K), End of Day with an end-of-day trailing drawdown and a daily loss limit (50K to 150K), Static Drawdown (10K to 50K), Diamond Hands for swing traders (100K), Fast Track (10K), and Direct to Funded, its instant funding route, bought with a one-time fee at 10K, 50K and 100K. Passing unlocks an Elite Sim-Funded account paying up to a 100% profit split on simulated profits; once cumulative payouts reach $25,000 per trader, ETF moves the trader to LIVE ELITE, its own capital in a live broker account on an 80/20 split. Traders get CME, CBOT, COMEX and NYMEX futures on platforms including Tradovate, NinjaTrader, TradingView and Rithmic; forex, equities and options are not allowed.

Standard evaluations need 5 trading days and have no deadline, but renew monthly until you pass. Fast Track needs 3 days, a $2,000 profit target on its 10K account, a $500 max loss and a 40% consistency rule, must be passed within 10 calendar days and cannot be reset; other evaluations reset for $47. Only Diamond Hands and Direct to Funded accounts may hold overnight and over the weekend; every other plan must flatten one minute before market close. Rules that end ETF funded accounts include missing the safety net (max drawdown plus $100) within 45 calendar days of activation, holding a position within 5 minutes of listed major news, a week without a trade, self-hedging, martingale, trades shorter than 10 seconds, and unapproved EAs or bots.

Payouts run in reward cycles: 8 Active Trade Days for the first and 10 after, where a day counts only with at least $200 realized profit ($100 on some sizes) and 23% of your highest-profit day; Direct to Funded needs 5 to 20 per cycle by size. Minimum withdrawals range from $100 to $1,000 by account, sim-funded rewards are processed through Rise on Mondays and Wednesdays, and the terms promise approval of eligible payouts within 48 hours, excluding weekends and holidays. Keeping a funded account costs $87 a month or a one-time activation fee from $177 (none on Direct to Funded). ETF offers no refunds apart from its 100% Satisfaction Guarantee, and evaluation prices were not stated on the pages read.

_Compiled from Elite Trader Funding's own published pages, retrieved 2026-09-14. Not independently verified by Prop Firm Pal._

| Field | Value | Source |
| --- | --- | --- |
| legalName | Elite Trader Funding LLC | [published page](https://elitetraderfunding.app/terms-of-service) |
| foundedYear | 2022 | [published page](https://elitetraderfunding.app/about) |
| headquarters | Wilmington, Delaware, USA (mailing address in the terms) | [published page](https://elitetraderfunding.app/terms-of-service) |
| founders | Kanwal Singh | [published page](https://elitetraderfunding.app/about) |
| platforms | Tradovate, NinjaTrader, TradingView, Rithmic, R | Trader, ATAS, Bookmap, EdgeProX, eSignal, Finamark, Investor/RT, MotiveWave, Quantower, Sierra Chart | [published page](https://elitetraderfunding.app/help/supported-platforms-and-data-feed) |
| instruments | CME futures, CBOT futures, COMEX futures, NYMEX futures | [published page](https://elitetraderfunding.app/help/what-instruments-can-i-trade) |
| availableAssets | Equity index futures, Interest rate futures, Currency futures, Cryptocurrency futures, Metal futures, Energy futures, Agricultural futures | [published page](https://elitetraderfunding.app/help/what-instruments-can-i-trade) |
| paymentMethods | Stripe | [published page](https://elitetraderfunding.app/help/countries-restricted-and-supported) |
| payoutMethods | Rise (bank account, crypto wallet or exchange account) | [published page](https://elitetraderfunding.app/help/payout-withdrawal-options) |
| payoutFrequency | Elite Sim-Funded rewards processed twice weekly (Mondays and Wednesdays); LIVE ELITE rewards daily | [published page](https://elitetraderfunding.app/help/how-the-1-step-plan-works) |
| restrictedCountries | Afghanistan, Central African Republic, Congo (Brazzaville), Cuba, Democratic Republic of the Congo, Guinea, Haiti, Iran, Iraq, Libya, Mali, Myanmar (Burma), Nor | [published page](https://elitetraderfunding.app/help/countries-restricted-and-supported) |
| maxProfitSplitPercent | 100 | [published page](https://elitetraderfunding.app/evaluations) |
| positioning | A futures prop firm that says it sets out to find talented traders and back them with its own capital in live accounts | [published page](https://elitetraderfunding.app/about) |
| yearsTrading | 4 | [published page](https://elitetraderfunding.app/about) |
| totalPaidOut | over $13 million | [published page](https://elitetraderfunding.app/about) |
| maxAccountSize | 250000 | [published page](https://elitetraderfunding.app/evaluations) |
| scalingPlan | Sim-funded payouts are capped at $25,000 per trader; traders then move to LIVE ELITE, ETF's capital in a live broker account on an 80/20 split with daily payout | [published page](https://elitetraderfunding.app/evaluations) |
| resetPolicy | $47 evaluation reset on most plans; Fast Track evaluations cannot be reset; Elite Sim-Funded accounts can be reset up to 10 times for a fee | [published page](https://elitetraderfunding.app/evaluations) |
| refundPolicy | No refunds, returns or exchanges once billed; the only exception is ETF's 100% Satisfaction Guarantee | [published page](https://elitetraderfunding.app/help/refund-policy) |
| inactivityPolicy | Log in at least once every 30 days and place at least one valid trade per account every calendar week, or the account is disabled or closed and profits or rewar | [published page](https://elitetraderfunding.app/help/mandatory-30-day-login-policy-for-account-maintenance) |
| kycRequirements | Identity verification through SumSub, plus Rise onboarding, before rewards are paid; account ownership cannot be changed | [published page](https://elitetraderfunding.app/help/kyc-policy-and-registering-as-a-business) |
| minPayoutAmount | $100 on most Elite Sim-Funded accounts; $250 on 1-Step accounts bought from July 6, 2026; $500 on 10K and 100K DTF; $1,000 on 25K and 50K DTF | [published page](https://elitetraderfunding.app/help/how-do-payouts-work) |
| payoutProcessingTime | Eligible payouts approved within 48 hours of the request, excluding weekends, US bank and federal holidays and outages, or ETF pays an extra $1,000 | [published page](https://elitetraderfunding.app/terms-of-service) |
| supportChannels | Boomeo AI chat, Email | [published page](https://elitetraderfunding.app/help/kyc-policy-and-registering-as-a-business) |

## Frequently asked questions

### What is the Elite Trader Funding profit split?

Elite Sim-Funded accounts pay up to a 100% profit split on simulated profits, until payouts reach $25,000 per trader across all accounts. ETF then moves the trader to LIVE ELITE, where it trades the firm's own capital on an 80/20 split with daily payouts on business days.

### How do Elite Trader Funding payouts work?

You request a reward once you have reached the safety net (max drawdown plus $100) and completed the Active Trade Days for the cycle: 8 for the first cycle and 10 after on most plans. Each cycle has a minimum and maximum withdrawal, and sim-funded rewards are processed through Rise on Mondays and Wednesdays, to a bank account, crypto wallet or exchange account.

### What are the Elite Trader Funding drawdown rules?

It depends on the plan. 1-Step uses a live trailing drawdown that follows your highest unrealized profit, End of Day and Diamond Hands trail the end-of-day balance and add a daily loss limit, and Static Drawdown uses a fixed floor. On funded accounts the trailing drawdown stops once realized profit reaches the max drawdown plus $100.

### Does Elite Trader Funding have a consistency rule?

Only Fast Track has one: your highest-profit day cannot exceed 40% of total profit to pass, and 30% consistency is required at reward. The other plans instead count a day toward payouts only if it makes at least $200 realized profit ($100 on some sizes) and 23% of your highest-profit day.

### Does Elite Trader Funding offer instant funding?

Yes, through Direct to Funded, which skips the evaluation for a one-time fee at 10K, 50K and 100K. It allows overnight and weekend holding and has no activation fee, but needs 5 to 20 Active Trade Days per payout cycle by size and must reach its safety net within 25 calendar days.

### How much does an Elite Trader Funding evaluation cost?

Evaluation prices were not stated on the pages read; ETF shows them in a plan picker on its evaluations page. Published fees include a $47 reset on most evaluations and an Elite Sim-Funded activation fee of $87 a month or a one-time fee from $177, with no activation fee on Direct to Funded.

### Does Elite Trader Funding allow news trading?

During the evaluation, yes. ETF's terms require Elite accounts to be flat from 5 minutes before to 5 minutes after the major news events it lists.

### Does Elite Trader Funding allow EAs, bots and copy trading?

Only with permission. AI, bots and EAs need written authorization from ETF, and the only automated tools currently authorized are its approved trade copiers, including Tradesyncer, Tradecopia and platform built-in copying.

### How many accounts can you have at Elite Trader Funding?

Up to 5 active Elite Sim-Funded accounts, plus a separate limit of 5 active Direct to Funded accounts. Evaluations bought before September 17, 2025 allow up to 20 active funded accounts, no more than 5 of them from Fast Track.

### Which countries are restricted at Elite Trader Funding?

Residents and citizens of countries on Rise's restricted list, including Russia, Ukraine, Iran, Cuba, North Korea and Venezuela, cannot buy, get funded or receive rewards, and Guam, Puerto Rico and the US Virgin Islands are unsupported. Your country must also be served by Stripe, which ETF uses alongside Rise to process payments.

### Does Elite Trader Funding refund evaluation fees?

No. Its refund policy allows no returns, refunds or exchanges once an order is billed, with its 100% Satisfaction Guarantee as the only exception.

### Is Elite Trader Funding legit?

Elite Trader Funding LLC lists a Wilmington, Delaware address in its terms and says it was founded on February 14, 2022 by Kanwal Singh. It claims to have paid out over $13 million, and its funded accounts are simulated until a trader moves to LIVE ELITE. Its terms reserve the right to "withhold or delay payouts" when ETF determines, in its sole discretion, that a trader broke its rules, and say its decisions on payout eligibility are "final and binding".

## Related pages
- [Elite Trader Funding rules](https://propfirmpal.com/firms/unverified/elite-trader-funding/rules) — markdown: https://propfirmpal.com/firms/unverified/elite-trader-funding/rules.md
- [Elite Trader Funding payouts](https://propfirmpal.com/firms/unverified/elite-trader-funding/payouts) — markdown: https://propfirmpal.com/firms/unverified/elite-trader-funding/payouts.md
- [All prop firms compared](https://propfirmpal.com/best-prop-firms)
- [Elite Trader Funding alternatives](https://propfirmpal.com/alternatives/elite-trader-funding)
- [Elite Trader Funding web traffic history](https://propfirmpal.com/firms/unverified/elite-trader-funding/traffic)