I mean look at their 50k accounts. The most expensive on the market (by a huge, huge margin) and the lowest you can ask for a payment (also by a huge margin, it's insane). They limited the number of Elite accounts to 5, while the COMPETITION is giving 10-20.
Now, for rithmic data feed they are charging 40$ per month, which is insane! I don't need their stupid data feed.
It cost you double to activate your Elite account, it simply doesn't make sense why would enyone choose this prop firm.
I guess they simply don’t understand the meaning of words COMPETITION and COMPETITIVE 🤦🏻♂️😂
I have also written this on their discord channel and got insant ban. I should have expected this, they provide a top notch service (...)
PS. "As for Discord moderation, bans are typically related to violations of community guidelines, which are in place to keep discussions productive and respectful for all members"
what i wrote here is exactly what i've written on Discord. I guess negative feedbacks are punished with a ban. I am not saying i feel bad about it, just that it made me terminate all my subscriptions i had at the moment. I don't need luck in my trading career, not at all. But i do believe you need all the luck in the world, for surviving another year....
Ps2. The fact that all the positive feedback are labeled as Invited speaks volumes about how not recommend this prop firm is! Awful, awful way of doing business...
Response from Elite Trader Funding
Thank you for sharing your feedback.
Our account models, payout thresholds, and account limits are outlined clearly before purchase and are applied consistently across all traders. Different firms structure their offerings differently, and while our model may not be the right fit for everyone, it is designed to balance sustainability, risk management, and long-term funding opportunities.
Regarding data fees, certain platforms pass through exchange and data costs that are outside of our control. These are industry-standard charges tied to specific data feeds.
As for Discord moderation, bans are typically related to violations of community guidelines, which are in place to keep discussions productive and respectful for all members.
We respect your decision to explore other firms and wish you the best in your trading journey.
I followed all the DTF rules and submitted for my $2.5k payout. Payout denied and they moved me to live with a 5k static account and 20MES. Account took a week longer than they said it would to setup and it was setup with only 2 MES. Waiting another 5 days for this to get fixed. They emailed me and said it was fixed. I wait for my trade and execute only to find out the account is locked. I emailed them and they unlocked, but my trade had already played out. Missed trade due to ETF's incompetence. I start trading and take a payout. Payout is processed same day, but account remains locked. I am told it will be ready to go by next trading day. Next morning the account is still locked as I try to execute a trade and it doesn't work. Another missed win. Trade a few more days and take another payout and the same shit again. Told account will be ready and it wasn't. Another missed trade.
Today I lost 50% of the account balance and my so called 5k static they gave me in fact was a lie as well. They closed my account mid trade. Guess what happened. I never hit my stop and the account balance never went to zero and then profit targets hit. The email said they need to end the "partnership". What in any of my experience above leads them to believe this was a partnership. It is absolutely a one way street to protect themselves and their bottom line. I will absolutely never spend another dime with these incompetent fools again.
Edit based on their response. They want to address my experience "honestly" but then ignore the denied payout. If you incompetent crooks left my trade alone it ended up hitting profit but instead closed it for me taking the loss (only 6 points above my stop loss). It says nothing on your site about this 50% rule, which proves again that ETF does what they want and could care less about the trader. Denied payouts and made up rules on the fly. Clown prop firm.
Go ahead and address my denied payout (you won't) so you can admit this is what you do even though your chat bot said payouts will be processed during live transition.
Instead of coming on here running damage control for all the one star reviews (25% of your reviews are one star lol) actually work on being a better firm.
I’d wish you luck, but the industry would be better off if your firm were as liquidated as the accounts you prey on.
Response from Elite Trader Funding
Thank you for your feedback.
We want to address your experience honestly. First, you're right that there were operational delays on our end with your account setup and access. That was on us, and we sincerely apologize. We've taken steps to ensure those issues don't repeat.
However, we do want to clarify a few things for context:
When a payout is processed same-day, the account needs time to reconcile before trading resumes. This isn't a lock-out. It's how we accurately track performance and balances. We always recommend finishing your trading session before submitting a payout request.
Regarding your account balance, you were given a $5,000 static account and were doing a great job building it up. Unfortunately, the 50%+ drawdown occurred in a single session at maximum lot size. We understand the frustration of a rough session, but that level of risk exposure in one sitting is exactly what risk management rules are designed to prevent.
We take every trader's experience seriously, and we're sorry the operational hiccups added to an already difficult situation. We wish you the best in your trading journey.
Before joining Elite Trader Funding, I had 9 other traders tell me NOT to do it and this was the biggest scam of a prop firm out there. I really wanted to prove them wrong and unfortunately today I have to concede victory to them as I was denied payout after running up over $13,000+ in profits. Unbelievably, they have these scam rules that change mid-way through your trading journey, not after a payout or a move up to a new level.... it literally changes dynamically with the only objective to screw you out of a payout, exactly like every one of my other trader friends told me they would do. How do you respond to this ETF? And please don't lecture us on how this is some quality you are looking for in a trader.... this is a total scam designed to fail accounts of solid traders. Terrible…. Buyer beware, these con artists screwed me out of over $13,000 and now offer no explanation or payout option. Worst rated prop firm on the market today and for good reason.
My Reply to ETF's Reply:
Thanks for responding, but your explanation actually highlights exactly why many traders view Elite Trader Funding as predatory.
1.) You’re calling this a “standing risk parameter,” but in practice it activates only after a trader becomes significantly profitable (20% profit milestone) rather than existing from day one. That means the effective risk profile of the account materially changes mid‑journey, precisely when the trader has finally built a meaningful cushion. A rule that only turns on after profit is reached is, by definition, dynamic in effect, even if you’ve buried it in documentation.
2.) The way this is structured creates an obvious economic incentive for the firm: - Let traders grind and generate large profits. - Once they cross a profit level, flip them into a much tighter loss parameter. - Any normal variance or modest drawdown after a big run‑up is then used as grounds to deny payout and terminate the account. A rule that only really “bites” once traders are in payout territory doesn’t look like risk management; it looks like a payout‑avoidance mechanism.
3.) Transparency is not just “somewhere in the Help Center.” Traders are sold on marketing headlines and simple rules; the critical “gotcha” here is a non‑intuitive mechanic that is: - Triggered only after a certain profit level, - Not front‑and‑center in the signup flow, - And only fully understood after a trader loses a large payout.
Hiding the most punitive part of your framework behind help articles while promoting “no time limits” and “simple rules” is classic predatory design.
4.) Your response never addresses the core ethical issue: if a trader meets all stated objectives and builds over $13,000 in profit, why is the default reaction to deny the payout instead of:
- At minimum paying out a portion, or - Giving a warning/reset, or - Clearly notifying the trader when this new loss limit starts applying?
The fact that there is zero flexibility, no partial payout, and no warning at the time this “standing” rule actually becomes active in practice is what makes this feel like a trap, not genuine risk control.
5.) The “we also evaluate risk control” line is a red flag. Risk management is something you build into the evaluation rules from the start, not something you selectively enforce only once the firm is on the hook to pay. When risk rules are designed in such a way that they almost never interfere with traders losing, but trigger only when they are finally in line for a payout, the economic intent is obvious.
In short: - A rule that activates only after hitting a profit threshold is functionally dynamic. - Its structure disproportionately punishes profitable traders right at payout time. - It’s not prominently disclosed where it matters (front‑end marketing and evaluation description). - The inability to offer any fair compromise or partial payout underscores that this is about preserving firm revenue, not about trader development or genuine risk management. You have a chance to correct this part....
This is why many of us call these practices predatory: they’re engineered not to protect traders or capital, but to systematically reduce the firm’s obligation to pay out profitable accounts. Buyer Beware.
Response from Elite Trader Funding
We understand your frustration, and we want to address your concerns directly.
The Loss Limit Rule is not a "dynamic" or "mid-stream" rule change. It is a standing risk parameter that has always been part of the program. It activates once an account reaches the 20% profit milestone and is publicly documented in our Help Center. It applies to every trader equally, no exceptions.
Your account crossed that milestone, and the following day, your drawdown exceeded the permitted threshold. That is why the payout was denied. The rule was applied exactly as published.
Claiming the rules "change dynamically with the only objective to screw you out of a payout" is simply false. The rules are transparent, consistent, and available for any trader to review before purchasing an account.
We respect the profits you built. You clearly have the ability as a trader. But this program evaluates both profitability and risk control. Generating returns is only half the equation. Protecting them matters too.
We wish you the best in your trading journey, and the door is always open if you'd like to try again.
I am writing a second review simply to prove the point that they don't actually read these reviews. I will inevitably get a copy pasted response discussing a $25000 payment from this company that I never received.
See my first review a couple days ago to understand the real issues of the company.
Response from Elite Trader Funding
We do read every review, and we respond with facts.
You were paid a total of $26,902.37 across 15 separate payout requests. Every single payout you requested was approved and processed. None were denied.
The suggestion that you “never received” a $25,000 payment is simply incorrect. The documented total paid to you exceeds that amount.
Your account was not closed for profitability. It was closed after repeated attempts to use public reviews and social pressure to influence internal decisions. That behavior violates our platform policies.
We understand that trading relationships don’t always work out long-term. But it’s important that public statements reflect accurate information.
If you need copies of payout confirmations or transaction records, we’re happy to provide them privately.
They refused the payout because I and my girlfriend live in the same household. I trade my own account. She trades her own account. Our trading styles are completely different. We even trade in different rooms. If this violates your platform then everybody needs to know this and I don't want to associate with Elite Trader Funding.
Response from Elite Trader Funding
Thank you for your feedback. We’d like to clarify that our Terms of Service explicitly prohibit multiple traders operating from the same household or shared environment. This policy is clearly outlined in our Help Center and was agreed to at the time of account purchase and activation.
Regardless of differences in trading style or strategy, this rule is enforced consistently to protect the integrity of our platform. When a payout review confirms a violation of this policy, we are unable to proceed with payment.
We understand this can be frustrating, but these rules are applied uniformly and are not discretionary. If you have further questions or would like additional clarification, our support team is available to assist you directly.
We appreciate you taking the time to share your experience.
esta todo mal con esta empresa recien pase mi evaluacion ahora se invetaron que cancele la suscripcio y yo nunca hice eso me parece que ETF manipulan las cuenta porque la verda como se va a cacelar si la cuenta que estoy usando es la gratuita se supone que ya es mia porque tienen que cancelarla si yo nunca lo hice incluso aunque no hubiera hecho el pago no podian quitarmela porque es la gratuita no es la cuenta anterior quiero que me expliquen eso?
Response from Elite Trader Funding
Thank you for sharing your experience. From this review alone, we’re unable to identify the specific account or situation being referenced. We do not manipulate accounts, and any account actions are handled according to our published terms.
To allow us to properly review and clarify what happened, please respond to the Request for Information on this review or contact our support team directly at support@etf.fund. Our team will be happy to look into the matter and assist you.
j ai passé 2 cptes de 50k validés en 8 jours avec toutes les règles respectées et il ne me répondent plus pour mes payouts attention pas sérieux
Response from Elite Trader Funding
Thank you for your review. We’re unable to locate the account you’re referring to based on the information provided. We strongly encourage you to email support@etf.fund so our team can investigate and assist you further.
This company sells marketing, not real trading opportunities. The rules and products are structured so that reaching a payout is extremely difficult, even for disciplined traders. I tried multiple times with different accounts and resets, and most failures were due to rule violations, not bad trading.
Trading under constant fear of drawdown limits and consistency rules is not real professional trading. On volatile markets, accounts can be wiped in minutes even with reasonable risk management. In the end, you struggle just to withdraw a few hundred dollars every couple of weeks, if you get there at all.
From my experience, the business model seems focused on fees and resets, not on funding successful traders. I do not recommend this company.
Response from Elite Trader Funding
Thank you for sharing your perspective. We understand that our rules and risk parameters may not suit every trading style. That said, thousands of traders have successfully received payouts under these same rules, with payout proof regularly shared on our website and in our Discord community.
Our evaluation process is designed to ensure traders are prepared before we allocate real capital in live markets. We regularly transition and invest our capital to support traders in live markets, and our risk framework exists to protect both the trader and the firm in real market conditions.
While market volatility can be challenging, long-term success ultimately comes down to disciplined risk management within the structure agreed to at signup. We appreciate the feedback and wish you the best in your trading journey.
This prop firm is the worse in the industry. my account got verified on the 8th of january and they sent verification again.they are trying to deny me a pay out when both Rise and ETF were verified and payment approved in my account
Response from Elite Trader Funding
Thanks for your feedback. Our team has been in ongoing communication with you, and our risk team has provided guidance and documentation that you can share with Rise support to outline the steps needed to move forward. Please note that Rise is a third-party payment processor, and payouts can only be completed once onboarding and verification with them are fully finalized. Once this process is successfully completed, we can proceed with payment in accordance with our standard payout process. However, continuing not to do your due diligence will delay or void your request, as Rise compliance has not been passed.
Sounds good on paper with cheap evaluations but once you become largely profitable, they will cut you off and deny your payout.
I was funded with Elite Trader Funding and on my first payout, they sent me off to Live. I had $20k of buffer but they gave me restrictive sizing and forced me to trade on Rithmic. This so far is all understandable until I had lost about $2k, they kicked me off Live despite over $18k buffer they did not pay out to me.
What does this mean? They refused to pay me over $20k of payout, they transfer to you live and once you lose about 10% of YOUR hard earned money, they will kick you off from Live and instead of paying me $20k, they essentially got off with paying $2k. So their business model is not risking any money, with no clear rules of Live. You get disincentivized for moving to Live for traders who are actually doing good and they are taking all the bad traders' money away.
So yeah, they may advertise cheap evals since 90% of traders fail anyways, and then once (if you ever) become profitable, boom. You are off from their program because now you are losing them money. They only want to keep bad traders. Don't buy into their shady business.
EDIT to reply to the comment - You should've paid me then. Where is my 20k? Also traders, look for other 1 star reviews on this shady company. They all had similar experience and agree with me.
EDIT 2 - Look at the number of 1 star reviews. 24 % of all reviews are 1 stars. I bet most of these 1 stars are from actual profitable traders. Why do you want me to let myself go on haunting you guys when you falsely advertised and avoided payouts with your scammy system? Maybe you should've paid out as you advertised and not screw over people.
Response from Elite Trader Funding
We want to address this directly because there's a lot here that isn't accurate.
You passed your eval, got funded in sim, and we paid you $13,500 in real money from simulated gains. That's not "cutting you off" or "denying your payout."
That's us literally paying you.
When you moved to Live Elite, you had the opportunity to trade with our real capital in real markets. When that first attempt didn't work out, you reached out to our CEO directly and he gave you a second chance.
You were grateful at the time. That second attempt also didn't work out.
Live trading is different than sim. Orders fill differently, emotions hit differently, the stakes feel different because they are different. This isn't unique to ETF. It's just the reality of trading.
You mention "no clear rules" but our FAQ, Help Center, Discord, and support team are all available before you ever purchase an eval. The information was there.
This happened over six months ago and you've continued to post about us repeatedly since then. At some point, we all have to move forward.
$13,500 in sim payouts plus two shots at trading live markets with ETF's real capital investment isn't a scam. We encourage anyone reading this to do their own research and look at the full picture.
I want to share that I had a very negative and difficult experience with ELITE. Big financial losses with 57 failed accounts and not even one positive achievement. No PAYOUT!! Very frustrating!!!
Response from Elite Trader Funding
Thank you for sharing your experience. We understand how frustrating trading outcomes can be. Our programs operate under clearly defined rules and risk parameters, and payouts are issued when those requirements are met. We have paid out many traders, with proof shared on our website and Discord community. If you have questions or need clarification on specific rules, our support team is always available to help.
Real final update, read my other review which I wrote earlier. Blew my live account as of December 12th. Although they were suppose to cut me off at $300 balance, they cut me off when I still had about $600 balance. Reason being I suck at trading, wonder why they put me into live program. Also, I had three accounts with about 6K in profit each and I lose those too and only way back to trading with ETF is to buy their direct to funded account, which are their most expensive accounts. I would recommend staying away from ETF. There are better prop firms out there where they will let you make withdraws when going to live and transfer all your remaining profit to your live account.
Response to ETF: Yes, read all the rules. What they said is true. Make sure you are ok with it before buying accounts with ETF. The transition to live is the bad compared to other prop firms. They only give you fraction of what you made in sim funded accounts. I don't think it's coincidence that they decided to move me to live the day after I requested $4500 payout and only put $2000 in live account.
Response from Elite Trader Funding
Hi Chae,
We read your update and want to keep this grounded in facts. Our FAQ and Terms explain what happens when performance continues to decline, even after multiple adjustments have been made. At that point, we close the account to protect capital and limit further losses.
You also asked why you were moved into live. You were moved forward because your performance qualified you at the time and it also has to be maintained.
You also stated that the only way back is to purchase a Direct to Funded account and that it is our most expensive option. Did you review the FAQ before posting? The DTF pricing is listed there and is a much reduced entry option compared to the regular cost for that plan type.
You mentioned other firms that allow withdrawals when going live. For clarity, you have already received $7,500 in payouts through our program.
Also, our program is not designed for continuous withdrawals on the SIM side. The goal is to identify talent and invest in traders so they can work toward consistent, positive results, with the path to fewer limitations and restrictions as they demonstrate performance.
If you are open to it, we can address the specific points in your review directly, but we need to keep the details aligned with what is written in the FAQ and Terms.
They denied my payout $4,500.00 for the reason multiple user in same household. When I asked them to provide the details about it. They CAN NOT provide it. What a joke. They remove my account too. When I tried to warning to other traders in the discord, they block me . BE AWARE AND STAY AWAY this company.
Response from Elite Trader Funding
Thank you for your feedback. After a thorough internal review, we confirmed a violation of our policy regarding multiple traders operating from the same household. This policy is strictly enforced across all accounts to maintain program integrity. For security and privacy reasons, we’re unable to share further details publicly.
I had a very similar experience to what “Dani” described on December 4, 2025. I had a 50k funded account, already received my first payout of $1,250, and would now have been able to make my second payout of $1,500, since my account had grown to over 58k. But then ETF transferred me to a live account and simply erased profits of over 8k, replacing them with a live account of 2k. This is a joke.
Response from Elite Trader Funding
Thanks for sharing your experience. We’re unable to locate your account based on this review. Please reach out to support@etf.fund so we can review the details and provide clarity.
Elite Trader Funding is nothing more than a scam disguised as a prop firm.
Before I tell you my experience let me share what other forums and independent reviewers have said. Reddit discussions: Traders have reported “ghost orders” or unexplained trades that allegedly sabotage accounts right before withdrawal eligibility. This has fueled suspicions that ETF manipulates accounts to avoid paying large profits.
Best Prop Firms scored ETF only 47/100, citing unclear rules around moving traders to real capital and discretionary payout decisions.
Traders Union emphasizes that “your capital is at risk” and warns about unclear policies with Elite Trader Funding.
Instead of honoring my payout, they pulled a bait‑and‑switch: when I had over $50,000 in payable profits, they refused to pay and shoved me into a so‑called “live account.” Overnight, my hard‑earned profits vanished — replaced with a measly $6,000 balance.
This is not funding, it’s fraud. They lure traders in with promises of big payouts, then change the rules when you succeed. My experience proves their business model is built on deception, manipulation, and exploitation of traders’ trust.
Elite Trader Funding should be a cautionary tale for anyone considering prop firms: they profit off fees, not traders’ success.
If you are interested in prop trading there are at least 20 companies rated higher that will not steal your time or money,
Update 12/8/25
Most of the information they are stating below is not factual Thank you for responding. I appreciate that Elite Trader Funding wants to clarify its policies. However, my experience — and the experiences of many many other traders — tells a very different story. 1. ETF says they don’t control platforms or data feeds. Yet traders on Reddit have consistently reported “ghost orders” and unexplained trades. Even if third‑party vendors are involved, ETF is responsible for choosing reliable partners and protecting traders from unexplained account sabotage. 2.ETF claims they never promised $50,000 in cash. But their marketing emphasizes payouts and trader success. To most traders, “profits” means money you can withdraw — not a balance that disappears into a “live account” with new rules. OH and why when I asked about my profits did you say, "The Sim-Funded phase is purely to evaluate you, and we are transitioning you to Live. So, your earnings will not be moved over." This feels like a bait‑and‑switch. 3. ETF says updates were communicated via email and FAQ. In practice, many traders report sudden changes without clear notice, especially around payout eligibility. “Grandfathering” is meaningless if the rules shift right when you qualify for a payout. 4. They highlight the $12,500 I was paid. But the larger issue is the additional $50,000 that was withheld and NOT converted into a “live account” balance. That account was structured in a way that made it nearly impossible to replicate your prior performance, effectively erasing your profits. 5. ETF insists they want traders to succeed. Yet their revenue primarily comes from fees, not trader profits. This creates a conflict of interest: they profit when traders fail or churn through accounts, not when traders win. Don't take my word for it. My students would confirm it is not about being cheated out of a couple thousand dollars. I have received much larger payouts It is the principle and a company that takes advantage of its customers should be exposed!!! --ETF’s response confirms the core problem: their model is built on shifting definitions of ‘profit’ and discretionary rules that prevent traders from ever cashing out large wins. Whether intentional or not, the effect is the same — traders are misled, exploited, and left with nothing to show for their success. Be excited when you are approved for a $1000. When you ask for that large payout. expect the BAIT & SWITCH!!!! BEWARE!!!!
I stand by my original statement: Elite Trader Funding should be a cautionary tale. If you’re serious about prop trading, look for firms with transparent payout policies and consistent rules. There are many rated higher that won’t change the game once you start winning.
Response from Elite Trader Funding
Thank you for taking the time to share your feedback. I’d like to clarify a few points to ensure that anyone reading this has an accurate understanding of how our program works.
We don’t control the trading platforms or the market data feed. These come from third-party vendors, and we have no ability to manipulate prices, orders, or executions. If there are ever technical issues with the platform or data, our vendors are the ones who identify and notify us, just as they do with all of their other clients.
We also don’t promise or guarantee that anyone will make a substantial amount of money through our service. Trading is difficult and carries real risk. What we offer is an opportunity and a more affordable entry point to learn the markets and refine strategies at a fraction of what you would put up in the Live markets. Our Sim-funded accounts are not cash accounts. They are tools to demonstrate that a trader can manage risk and perform consistently. When we identify that a trader can truly perform and manage risk well, we are more than happy to continue investing in them.
Any policy updates or changes were communicated through email, our FAQ, and our notification center. In many cases, we have grandfathered existing users, allowing them to maintain the accounts that they agreed to.
In your situation specifically, you were paid out $12,500 during your time with ETF. At no point did we state that the full $50,000 would be paid out in cash. The $50,000 was designated to be invested into your Live account, with access to that capital coming through the guidelines laid out in our SMART Growth Plan, our structured, aggressive approach to scaling you in the live markets while protecting risk. You were provided with a Live account for roughly eight months, during which the performance and inactivity did not meet our expectations. We were simply asking for you to genuinely perform as you did during the Elite Sim-funded phase. During that time, we continued to bear our internal costs while you were only responsible for exchange-related fees. As a business that invests in traders, we genuinely want our traders to succeed. Our model works best when traders perform so that we can keep supporting them over the long term.
We are confident that we upheld our end of the agreement and followed the guidelines communicated to you. For this reason, we respectfully request that any public comments about our company accurately reflect the facts of what was agreed upon and what actually occurred.
180 accounts all failed, 5 funded, no payouts. will go somewhere else for sure. dont kid yourself guys these guys are out to scam you. they have predatory practices like trailing highest pnl drawdown and literally make bend backwards to get payed which will never happen. scream "risk management" all you want but i've spend 20k usd on funded accounts (im an idiot for trying to beat their system) (i also have 10 years + trading experience) and these muppets unfortunately because i hate putting funds into the hands of terrible people but... anyways, passed multiple other prop firms and been paid out. these guys are the only ones which have another hurdle after getting funded. If you pass you also have to pass another test on the down low or loose your account and not get payed.
Response from Elite Trader Funding
Thank you for sharing your thoughts. We understand the trailing drawdown can feel demanding, and we respect the amount of time you’ve invested. However, the claim of “predatory practices” is not accurate. Our rules have been publicly visible since day one and apply equally to every trader.
Thousands of traders have received payouts under the same structure, and payout documentation is posted on our website for anyone to verify. Nothing is hidden and nothing changes after a trader signs up.
We also offer several products that do not use a trailing drawdown, and many traders prefer those options based on their trading style.
If you’d like to discuss your specific account or need clarity on how the rules were applied, our team is available directly at support@etf.fund
My name is Darkhan Muktarbek.I am publishing this statement to inform the trading community and the general public that I have officially initiated legal action against Elite Trader Funding (ETF) after repeated payout denials and false accusations during the KYC verification process.
Over time, In more than a year,I was denied payouts by Elite Trader Funding (ETF) for a series of vague and unreasonable reasons. When every excuse ran out, they resorted to the most absurd claim — that my KYC failed and my identity documents were “forged.”
Despite submitting legitimate identification and address documents issued by the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) and my U.S. Social Security information, ETF has continuously refused to release my legitimate earnings and has falsely classified my ID as “forged.”
All related communications, documents, and verification records have been preserved as legal evidence, and my attorney will soon be contacting ETF directly. I have also filed formal complaints with the Federal Trade Commission (FTC) and the Better Business Bureau (BBB) in the United States.
To ensure full transparency, I will be publicly documenting the entire legal process — including filings, communications, and court updates — on my verified X account: My goal is not only to protect my own rights but also to warn other traders to exercise extreme caution when dealing with this company. The public deserves to know the truth.
We’re unable to locate an active account under the information provided in this review. If you’re a verified user, please reach out to support@etf.fund so our compliance team can review your case directly.
We want to clarify that any payout denial occurs only after documented verification issues are confirmed under our regulatory policies. Elite Trader Funding follows strict identity and compliance standards to protect our traders and maintain the integrity of our platform.
Please avoid posting inaccurate or misleading claims, as they can create confusion for others in the community.
Elite Trader Funding was quick to deny my payout, shut down my site access, and removed me from Discord after I warned other users about tricky policy wording. I had a Direct-To-Funded Master account which advertises "End of Day Realized Profit" drawdown on both the summary page and plan details.
The Issue: After reaching 20% profit, a loss limit rule activates: if you "lose more than 35% of total profits," you can lose your account. The plan description doesn't specify HOW this is calculated.
I had 15 out of 18 successful trading days with ~$14K profit. On the day they cited for violation, I realized +$978 profit. They closed my account anyway, citing their "audit" policy which adds the phrase "may trigger intraday" - meaning they track intraday unrealized losses despite advertising End of Day drawdown.
Their Response: I professionally reached out multiple times to resolve the contradiction between advertised EOD drawdown and intraday enforcement. They repeatedly claimed there was "no confusion" and accused me of "trying to game the system."
They then: Locked my account access Removed me from Discord for warning other traders Refused to acknowledge the misleading policy structure
Documentation: I have screenshots showing my 15/18 profitable days, $14K total profit, the +$978 day they cited, all email correspondence, and the contradictory policy language.
Warning to traders: After 20% profit, you can be closed on green days for intraday violations not clearly disclosed in the plan details. Read every FAQ and audit document, not just the plan page you're purchasing.
In my opinion, my trade history on that eval was exactly the type of trading they were wanting to see with managing risk. I wish they would have been more positive and less defensive by blaming me and worked with me on a solution.
EDIT AFTER REPLY: -Correct. You advertise a plan as "End of Day" and as you stated below, in the details of the plan list out the rule as you state it and leave out the BIGGEST PART OF THE RULE. You then state you will be auditing payouts (which would audit the rule you provided in the rule section).
Then, in the audit rules (99% of people wouldn't realize you add different rules in the audit compared to what you show in the rules); you recite the same first part of the rule and then add some very important language that it "MAY" trigger intraday which is NOT in the rules advertised.
Even your response doesn't address the issue. Why not add the language that you "may" trigger intraday calculation on an end of day account on the plan details? Why leave that out?
This review is how your company shut the account down, gave vague responses like the one below which avoided almost all of my questions and said "you're wrong, I'm right" and terminated me.
I'd be happy to share all email correspondence, $14K of profit this company denied me with 16 of 18 green trading days with only 1 loss at same amounts as my wins.
Response from Elite Trader Funding
We understand your concern and appreciate you taking the time to share your perspective. For clarity, the 35% risk management rule is outlined in our policy: if total profits decline by more than 35% after reaching a 20% gain, the account becomes ineligible for further payouts. This rule is applied consistently across all traders to ensure fairness.
Our team reviewed your case thoroughly and confirmed that the account outcome aligned with the published terms. We understand that the rule may not align with every trader’s preferred structure, but it is not open to interpretation once the threshold is reached.
Don’t. There is nothing good. Most prop firms are better than this one. 3 months, 20 evaluations, 4 funded accounts, $1k payout. High price, strictest rules, hardest payout (literally). Trading conditions are restrictive. Really high activation fee. Limited transparency in funding and evaluation (and a bit slow). The system feels designed to make traders fail rather than succeed. The “Direct To Funded (DTF)” plan is the worst. Just check other prop firms. This one is among the hardest in the prop firm industry. Be careful when choosing prop firm. The support team is fast, but that can’t compensate for the overall structure.
Response from Elite Trader Funding
Thank you for sharing your experience. We’re sorry to hear that things didn’t go as expected, that’s never the outcome we want for any trader. Our rules and structure are designed for long-term consistency, but we understand that different firms suit different trading styles.
We’d like to review your case in detail and see where things fell short. Please reach out to our team at support@etf.fund so we can take a closer look and assist you directly.
you can simply understand how bad they are and how big scammer they are when they recently brought a third party copy trading rule in which u cant copy trade with your other prop accounts of other firms, it means they know very well that person might loose focus trading so many accounts and will evantually fail.
Response from Elite Trader Funding
Hi Alex, please see our recent development regarding trade copiers.
Fake promises and fake company do not buy account from this company
Response from Elite Trader Funding
Thank you for sharing your feedback. We do want to clarify for transparency that there was nothing fake about the Live Elite account you received or the funds that were issued to you. Your progression through the evaluation phase into the Elite Sim-Funded stage and the thousands of dollars in verified payouts you earned were all genuine.
Your documented success in the program was the reason you were selected for a Live Elite account, and we encourage you to share an accurate reflection of that experience. If you have any concerns you would like us to review, our team is always available to help.
Fraud firm do not waste your time and money on it they will never give you bigger payouts there policy is that mention on web site is after 4th payout they will give u live ac but when you request your 2nd payout which is near 3000$ they simply give you live ac lollipop and where they only give you 1000$ to trade with 3rd class broker with lagging platform and all your earn fund in ac will be 00 and they will give you only 20% of amount if you denied to take live ac they give you treats that your ac will terminate and you will not get any payouts and your not able to trade with etf to 6 months they have one scam policy name smart growth plan I don’t know what was the benefit of it as trader when all our payouts are gone they forfeited all balance amount when you fail there 1000$ ac They are cheap bcz they are fraud and scammers i have all proof and mails regarding this please don’t get in etf traps they simply wasting your time and money
Response from Elite Trader Funding
We appreciate you sharing your experience. However, please note that earnings in SIM are to invest in you when you transition to Live. The SMART growth plan enables us to scale you aggressively based on your performance, including the flexibility to operate beyond SIM rules and the option for daily withdrawals with a $250 minimum.
Meiden Sie diese Propfirm, es wird alles getan das Kunden kommen und dann wird alles getan das Kunden wieder gehn.
Vor Kurzem kam die Neue Regelung das es nun Nicht mehr erlaubt sei verschiedene PropAccounts untereinander zu Kopieren egal ob vor oder nach der neuen Aktualiserung. Es ist nicht Fair das man sagt es sei egal ob davor, wo es erlaubt war, denn es war ja erlaubt. Zugleich Sind die Drittanbieter besser und effizienter als Hauseigene Kopierer von den Brokern.
Response from Elite Trader Funding
We did not prohibit all copy trading. If the platform supports it, users can use the built-in trade copier. Unfortunately, none of the third-party services have proper validations in place to prevent fraudulent activity. Hence, a necessary measure we had to take.
I have 50$ k account and when I started making continuous profits in three trades , I'm close enough to pass my account and then next day i can't login with my gmail they say password is wrong, when I try to login with code the code get invalid.
Don't waste your money it has value
Response from Elite Trader Funding
Upon reviewing, you never reached out to our support team to investigate this matter. Please contact our support team to resolve this issue.
I had made 23k, they limit my payout 900/3000 and moved to live after I can have drawdown only 1500 with 5k live account. Unfortunately I could not size down and lost account but balance 17k they told they keep in SIM vault but said it's gone. So what's all those hard work gone. Because of this my trading t other prop is also mentally and psychologically impacted. I don't recommend this shady business
Response from Elite Trader Funding
We appreciate you sharing this experience. Please note that all earnings in SIM are scaled to match your performance in Live. You had a 1500 daily loss limit and a 5k balance in Live. We have a very aggressive approach to scaling you, but unfortunately, you lost the account.
Elite Trader Funding stole my profits. Traded the 10K Static, had $1,500 drawdown left, they still closed my account & denied payout. Scammy business model.
ETF hides behind fine print. I hit payout on the 10K Static, they invoked their shady “35% after 20% growth” rule & erased everything. Profitable trader, zero payout.
I passed, I profited, I had room left — they still denied payout & closed my account. That’s Elite Trader Funding’s 10K Static plan for you.
You think you’re funded, but when it’s payout time, they’ll move the goalposts & keep your money.
Imagine trading well, being profitable, still having $1,500 drawdown, and ETF shuts you down anyway. That’s exactly what happened to me.
Response from Elite Trader Funding
We appreciate you sharing your experience. We regret to hear about the issues you encountered with your account closure due to risk management. We believe we have informed all the rules regarding the Elite sim account. We aim for clarity in our rules. However, we will review your situation thoroughly to ensure everything was handled correctly. Your feedback is valuable as we continuously improve.
Elite trader funding is one of the… Elite trader funding is one of the worst prop firms out there. Luckily i have spent very little money with this firm but they are scammy and scream red flags everywhere.
My first time trading with them i was getting super late fills on my accounts so i stopped right there and stopped using them.
After about a year i decided to give them another try since they had a “best the beast” challenge. (Basically a challenge to pass an account for only making $500 profit in one day) One of their affiliates told me to purchase the accounts on day ahead of time and after doing that the promo said “only accounts purchased today” will be eligible. No problem right? I’d just refund those un touched accounts and get ones today so i could trade there challenge?
Nope 👎 they couldn’t figure out how to have any positive customer support and would not let me switch my un touched and un traded accounts for ones today. Even though it would have been extremely easy for them to do so. Not even store credit. They just said nope buy more!
Like what? Are you kidding me? So then i look more into this prop firm and it comes to find they have been called out by MANY people for there scammy practices and i have decided i will no longer use them as they have terrible rules, sketchy practices, and really really bad customer support. I DO NOT RECOMMEND, STAY AWAY!!
If you need more evidence just read their reviews or search on YouTube. It's really not good.
Response from Elite Trader Funding
Thank you for taking the time to share your feedback. We are sorry to hear that your experience did not meet expectations, and we appreciate the opportunity to clarify a few points so other traders can understand what happened.
First, regarding the challenge day and eligibility, all promotional rules are published publicly and apply uniformly to every trader. For the event you mentioned, the requirement was that only accounts purchased on the promotional day qualified. Our support team could not swap or retroactively change account purchase dates because doing so would create an unfair advantage and violate the promotion terms for everyone else participating.
On refunds, our policy is consistent across all traders. Once an account is purchased, it becomes active on the platform and cannot be exchanged for a different promotional account. This is clearly stated in our Terms and Conditions to ensure fairness and transparency.
As for the platform performance, Elite Trader Funding does not control order routing or execution speed. All executions occur directly through regulated market data and clearing partners. If you ever experience delayed fills, we always encourage traders to contact us immediately so we can investigate with the platform provider.
We take customer support seriously, and our team is available seven days a week to help with policies, payouts, onboarding, and technical questions. We are continuously making improvements and welcome any opportunity to assist further.
Heartless support. My account got closed after telling them "im worried i might get in trouble". Previous responses on my concern was "to help avoid this in the future, we strongly recommend closing positions a few minutes before the cutoff and keeping a mobile device handy as a backup method for managing trades." But they did not close the account and thought it was just a reminder.
Response from Elite Trader Funding
Thank you for your feedback. Just to clarify, our support team cannot manually close or manage trading positions for any user. We can only provide general guidance, not intervene in trading activity.
If you’d like us to review your account and explain what happened, please email us at support@etf.fund. We're happy to help.
dopo finalmente tanti tentativi arrivo a poter chiedere il mio primo payout che cosa fanno , dopo la richiesta che rimane sempre pending rimangono in silenzio. Nel frattempo passa la prima settimana, si rinnovano l'addebito delle 80 euro della pa, e non rispondono a nessuna comunicazione. Passano 20 giorni e ancora nulla. Al che preso dall'ira brucio la Pa con operazioni fatte solo per rabbia . Il giorno dopo che si brucia, mi inviano una email chiedendomi di fare la verifica per il pagamento. Potete capire come sono dei truffatori. Se serve ho tutte le mie email e comunicazioni salvate a riprova. State lontani, non vi pagheranno anche se avete fortuna o bravura.Pensano solo a incassare e non pagare nulla. Via via da Elite...
Response from Elite Trader Funding
This is very unusual as we approve payout daily and process weekly. Please reach out to the team and provide information so we can better assist.
1. trailing stoploss accounts is basically trap for traders. 2. activation fees is very high 3. they are charging monthly renewals on demo accounts 4. reset fees is more than evaluation costs 5. why theses prop companies are charging monthly fees and activation fees on demo accounts in evaluations and funded accounts, when they are not paying anything to any 1. 6. they are charging additional amounts for 1 day pass , pre activations 7. Address of comany unknown
Response from Elite Trader Funding
We appreciate you sharing your concerns.
1. We offer other plans without this risk parameter in place. 2. Our activation starts as low as $39. We have provided several ways to make it cost-effective for our traders. 3. All our plans have a monthly subscription unless you pay the one-time fee. 4. This is untrue. Our reset costs are $75 or $40 at certain times 5. Once again, untrue. Please go to our payout analytics page to see payouts to our traders. 6. This is not a requirement, but a choice. You do not have to pay for this. 7. Our address is in the Privacy Policy at the bottom of the page.
This company is a fraud, I bought over 18 challenges from them, and they breached all, I bought another ones 150k and 250k I made 10k profit in the challenge phase and then the breached the account for me losing just $1500 a day which it wasn’t suppose to be, I called their support which which they said their system detected a breach and there’s nothing they can do about it. I still understood with them and bought another challenge of 100k and made 1k profit yesterday, this morning I lost 1500 on a 100k acount and the breached my account again. They just wake up and breach your account to make profit of of your hard earned money.
Response from Elite Trader Funding
Thanks for your review. We’re unable to locate any account based on the details provided. Please email support@etf.fund so we can verify your case and give you a clear explanation. We're happy to take a closer look once we can identify the account.
A bunch of scammers. This is the best place If you wanna loose your time and money . You will not a see a dime when you become eligible for a payout. Good at scamming the traders.
Response from Elite Trader Funding
Thank you for your comment. We’re unable to locate an active account under the information provided in this review. If you are a verified user, please contact support@etf.fund so our compliance team can review your case directly.
We ask that users avoid posting inaccurate or misleading claims, as this can create confusion for others in the community. We have processed thousands of payouts since 2022, and payout documentation and trader testimonials are publicly available on our website for transparency.
If you have a legitimate concern, we are happy to address it privately through our official support channels.
I was completely disappointed.. I opened a 150k account and passed the test in 5 days and started on 03.07.2025 with my first active trading day.. Like any successful trader I have a setup and a strict 30/30 strategy and a fixed contract size of 5 lots.. I open one Trade per day and it takes me a few minutes, not more than 10 minutes of trading per day.. The first day on 03.07.2025 was Thursday and I made a profit of $500.. Then the trading day ended for me and I went and enjoyed my day.. The next day was Friday 04.07.2025 I opened one Trade and made a profit of $650.... I closed the application and my trading day ended.. I enjoyed my weekend and Monday came which is 07.07.2025 I did not have time to open any trades.. So I did not open anything I waited for Tuesday.. that is yesterday which is 08.07.2025 and opened one Trade with a target and stop loss The chart shows a target of 27 points and a stop of 30 points. The target was successfully hit and the 5 contracts were closed completely. I made $1350 on this trade. I immediately closed the app and went to celebrate and enjoy my day. Then I opened the portal after the market closed to see the statistics as usual. Then I saw that my account was closed for violating the trading conditions *keeping a trade open while the market is closed* I said to myself!! WTF is that not true? I always open with a fixed lot.. and I set a target. As you know, with Ninja Trader you can customize a Trade Pos, a target and a stop loss. I immediately went and opened my account in Ninja Trader and noticed that there was a deal with the size of 2 contracts open without targets or stop loss. The funny thing is that it is profitable for almost $2200.. and it is still working!!! Hello, can you hear me!! I didn't open it, and I'm sure of that. I don't have anyone living with me. I live alone, and I have a strict trading system. When I open a single trade and it hits the target, I close the chart and everything related to trading... So I did it when I opened 5 contracts for 27 pips and closed all the trades when the target was hit.
The timing of the trade was when I was out of the house, going shopping, an hour after I closed the app.
That evening, I was surprised by these actions. Do they really deserve 4 stars on Trust Pilot? Absolutely not.
They are a group specializing in fraud and obstructing every active and successful trader who has a plan and is committed to it!!
As you may have noticed, in the last few days, there have been 90% discounts on account prices!! They want to attract the largest number of traders to defraud them before they sue them...
Beware of working with them. Advice from someone experienced in the field...
I have another account with Topstep. I adhered to their terms and successfully withdrew my first amount. However, I wanted to try an ETF because the offer was tempting, so I chose the $150K account and passed the test easily.
However, when they noticed that in three trading days with three trades, there was more than $3,000 in profit... they knew that when it came time to withdraw, there would be over $5,000 to withdraw, so they took a shortcut and opened a trade of their own to close my account...
Scammers, scammers, scammers... Beware of them.
Response from Elite Trader Funding
We’re sorry to hear about your experience. We don’t place trades on behalf of traders, everything is logged by the platform. If you believe there was an error or unauthorized trade, please reach out to our support team at support@etf.fund with your account info. We’ll gladly review the session data and do our best to take care of you.
They refused my first payout of $5,000 then moved me to Live instead with restriction of $1,500 Daily Drawdown and max 3 mini contracts. After 2 bad days of trading, they restricted my account for 2 weeks then limited my size to 1 mini. Then eventually closed my account when I still had more than $10,000 left for my account. ETF is a company that bends rules around to not pay out traders. Be aware.
One of the best scammers in the industry. Dont waste your time and enrgy with those bunch scammers kuz you will never get a payout with them. I had five accounts and made over 30k and refused to pay me 10k on my first request of payout. Beware from those scammers
Response from Elite Trader Funding
Thanks for your review. We’re unable to locate any account based on the details provided. Please email support@etf.fund so we can verify your case and give you a clear explanation. We're happy to take a closer look once we can identify the account.
Ranked 100th Worst for a Reason Ranked 100th Worst for a Reason
My experience with EliteTraderFunding.com has been really disappointing.
A few key issues I ran into:
* Funded accounts come with an \$80 “data fee” — but that magically disappears if you make a one-time payment? Makes no sense and feels deceptive. * If you blow a funded account, you can reset it for a whopping ~$1200 — which is actually more expensive than just doing a direct-to-funded account. * I blew a funded account because of a left-open order, even though I used the Cancel All button as instructed. Support just shrugged and said, “Yeah, sometimes even that doesn’t work — sorry.”
Bottom line: It’s clear they’re more interested in bleeding traders dry than helping them succeed. I would strongly warn anyone against signing up, especially when nearly every other prop firm (aside from Apex) offers a far more honest and supportive experience.
Response from Elite Trader Funding
Thanks for your feedback. We’re unable to identify your account based on this message. Please email support@etf.fund so we can verify your case and give you a clear explanation. We're happy to take a closer look once we can identify the account.
My experience with EliteTraderFunding.com has been really disappointing.
A few key issues I ran into:
* Funded accounts come with an \$80 “data fee” — but that magically disappears if you make a one-time payment? Makes no sense and feels deceptive. * If you blow a funded account, you can reset it for a whopping ~$1200 — which is actually more expensive than just doing a direct-to-funded account. * I blew a funded account because of a left-open order, even though I used the Cancel All button as instructed. Support just shrugged and said, “Yeah, sometimes even that doesn’t work — sorry.”
Response from Elite Trader Funding
Thanks for your feedback. We’re unable to identify your account based on this message. Please email support@etf.fund so we can verify your case and give you a clear explanation. We're happy to take a closer look once we can identify the account.
I passed Elite Trader Funding’s evaluation and funded account process, traded within the rules, and built up $15,664.71 in profits on MNQ contracts.
When I requested a payout, they denied it—claiming I was “dollar cost averaging” into a trade, even though: • Their signed agreement never mentions or prohibits dollar cost averaging • They admitted in writing that my trades were not reckless and that I didn’t break the rule as they intended
Despite this, they offered a $2,000 payout, closed my account, and refunded my original fee. This was clearly an attempt to avoid paying what I earned.
I have all communications and documentation. Their rules are vague, inconsistently enforced, and seem designed to avoid paying out successful traders. If you’re profitable, be warned—they can deny your payout using internal criteria that you never agreed to.
I’ve filed complaints with the BBB, FTC, and state regulators. This firm should not be trusted by serious traders.
Very despapointed with with Elite Trader Funding. I have been his costumer for a while spending a lot of money in avaluation and activations. Today they denied my payout becuse they said I was adding to loosers, they not even send me the trades that they flag to give me a change to defend my side. I think they are paying too much and they are going down. 10 days straight with not loosers. 15 minutes max trading every day.
Response from Elite Trader Funding
Thank you for your review. When your payout was evaluated, our team identified multiple instances of adding to losing positions and shared screenshots with you to explain the decision. If you’d like further clarification or have any questions, please reach out to us at support@etf.fund. We’re always here to help.
Rip off the market is never going in your favor they bait and switch the traders making them they they have a chance they don’t you have better chance trading your own capital it take time but it’s better these prop firm are designed to benefit from the trader not the other way around stay away from all firms get your own capital and this will be my last and final prop firm thought they was better than Topstep they all the same they let you feel like you are on a winning strake and you are not they are garbage and customer service? Where ? How’s its the best customer because they are getting paid to write that review.
Response from Elite Trader Funding
Thank you for sharing your thoughts. We understand that trading can be frustrating, especially when the market doesn’t move as expected. However, we do not manipulate market outcomes, “bait and switch” traders, or pay anyone to leave reviews.
Thousands of traders use our platform daily, and our rules, pricing, and processes are fully transparent on our website. If you had a specific issue with your account or payout, please contact us at support@etf.fund so we can review the details and provide clarity.
This prop sucks. Plenty of others to choose from. Great CS when you not getting paid out. Once you make money and start getting payouts, after the 1st payout they will start finding ways to delete your account with rule or VPN issues. Even then, after you get to live, they will find ways to go back on your profits like take away half of it or change the terms of your live. Stay far away.
Response from Elite Trader Funding
We appreciate your feedback and are genuinely sorry to hear you feel this way. For clarity, we no longer enforce the VPN policy, and all payout audits follow a transparent, rules-based process. Our goal is to support consistent, long-term traders, not penalize success.
They give you a free account then just after 2 days send you an email for account breach when it was far from drawdown limit.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
I am a trader from Algeria, I bought a funded account from Elite Funded after I confirmed their support for my country. Paid via Crypto (USDT), and the account was activated. After two days of trading, the company suddenly closed my account without any notice or clarification, and I could not communicate with them via any means (site, Instagram, or mail). There are no responses or assistance, as if they have completely closed the door.
I feel like I've been scammed, and I don't advise anyone to deal with this company.
My message to traders: Beware of Elite Funded, they close accounts arbitrarily without any justification, and they do not support customers or return their money
Response from Elite Trader Funding
We appreciate all feedback, but it's important to clarify that Elite Trader Funding does not accept cryptocurrency as a form of payment this includes USDT. All payments are processed securely through our verified providers, and any claim to the contrary is inaccurate.
We’ve reviewed our records and found no account matching the information you’ve shared. If you believe this is an error, feel free to contact us directly at support@etf.fund so we can assist you properly.
We kindly ask that you refrain from posting false or misleading reviews
Heed the warning of others here! Like most of the people writing reviews, I also thought their support staff was good until I requested a payout. The first time, I got a message saying it was denied for “heavily and repeatedly adding to losing positions”. I know I may have done it a couple times as a means of managing my trades, but certainly not “heavily and repeatedly”. From then on, I was extremely careful never to do that. Then, one day, I thought i was trading a different account via NinjaTrader without that restriction and accidentally place just a couple trades in a scalping fashion using that technique. I stopped as soon as I realized my mistake. I wrote and told them what happened and was reassured they were only looking for excessive patterns of that behavior. So they let me spin my wheels for another week-or-so and when I requested my next payout, I again received the “heavily and repeatedly adding to losing positions” message in the denial. REALLY? So…. I was at it again and my finger slipped off the mouse wheel and hit a button, placing another trade while in a losing position. At that point, I was so flustered, i just traded out the account and cancelled all my evals on their site. My guess is… you will NEVER get a payout from these folks unless you are a Youtube influencer (check out their struggles to get paid!). Their rules are open to interpretation so they can deny anything. What is wrong with scratching trades? Is it better to lose money? And 2 DCA’s out of hundreds of trades? C’mon, man!
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
The worst prop firm in the trading space. For those who just bought cheap eval and did write a positive comment about those scammers just wait until you get to the payout and you will see if you get a penny from them. A bunch of scammers that close my five funded accounts with overs than 32k of profit and denied my 10 k payout for no reason. Im telling you guys wait until you ll get there and then write a comment if you see the color of your payout . Just a bunch of scammers surviving from traders evals and I bet none of them trade for a living.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
I was on my final evaluation trade with ETF. I placed a 54-lot MES Sell Limit order, and the system only filled 2 lots, while the remaining 52 lots were rejected. The 2 filled lots went straight to Take Profit, earning me $57 profit.
If the full order had been filled, I would have passed the evaluation and become funded. But things took a very strange turn...
About 30 minutes after the TP was hit, a short trade appeared on my account — one that I never placed. This trade does not exist in my Tradovate order history. There is no order ID, no execution log, nothing. But ETF’s platform treated it as a real trade, and registered a –$937 loss, causing my account to be closed for breaching the trailing drawdown.
Let me be clear:
My real trade hit TP I did not open any new position My trading platform (Tradovate) shows no record of any trade after TP Yet ETF shows a trade I never placed — and closed my account because of it
This is not just a technical error — this is a critical system failure or mismanagement of trade execution logs.
I submitted all my screenshots:
TP confirmation
Order rejects
Tradovate order history
No new trades after TP Still, support dismissed it.
I strongly recommend staying away from Elite Trader Funding. The system is unreliable, and even if you're right, support will offer a reset instead of a real solution.
If you're looking for a firm that rewards good trading and doesn't punish you for their system's mistakes — ETF is not the place.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Elite Trader Funding’den 1000’den Fazla Trader Ödeme Alamıyor – Dikkat!
Merhaba arkadaşlar,
Elite Trader Funding (ETF) firmasında yaşadığım kötü deneyimi sizlerle paylaşmak istiyorum çünkü bu durum yalnızca benim başıma gelmedi. Telegram grupları ve diğer trader platformlarında en az 1000’den fazla kişi aynı sorunla karşı karşıya: Kazandıkları paraları alamıyorlar!
Ben ETF’nin 50K değerlendirme programını başarıyla geçtim. 53.000$ üzerinde kar yapmama rağmen, ödeme aşamasında benden “aktivasyon ücreti” adı altında para talep ettiler. Bu ücreti ödemediğim için hesabım iptal edildi ve kazandığım paralar uçup gitti.
Destek ekibi yetersiz ve sorularıma cevap vermiyor.
Şirketin ödeme politikaları şeffaf değil.
Telegram ve diğer platformlarda bu mağduriyetleri dile getiren yüzlerce trader var.
Eğer ETF ile çalışmayı düşünüyorsanız, çok dikkatli olun. Kazanmanız bile paranızı garanti etmiyor. Bu kadar çok insanın mağdur olması, firmanın güvenilirliğini ciddi şekilde sorgulatıyor.
Hepinizi bu tür dolandırıcılık ve güvenilmez firmalara karşı uyanık olmaya davet ediyorum.
Response from Elite Trader Funding
Evaluations are designed to assess your trading consistency and risk management. No payouts are issued for profits made during the evaluation phase. We have paid thousands of traders and operate with full transparency. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
This company is notorious for incentivizing positive reviews via offering points to use for account purchases within the website. Filter the reviews, mostly people repeating the same negative remarks and they are all valid.
I was personally denied a payout in the mid five figures because of VPN. Yet they changed that rule and only back paid for 30 days to seem like they are the good guys.
They substantially increased their fees a while ago, yet they reversed that to show the "good faith" and image of "helping the traders".
It is all a load of trickery. Avoid at all costs and do not fall for the spam of 5 star reviews saying how ETF is perfect because they are only writing so to get free points to purchase accounts within the website.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Absolute SCAM. Rumors are two of the three owners left the company and they are banning accounts that are due for payout. They are selectively letting some payouts through for the illusion that they aren't scamming. Do not fall for the 5 star reviews they are incentivized to write so. Filter to the 1 star and read the truth do not burn your hard earned money!
Response from Elite Trader Funding
We are not banning users who are due for payouts—this claim is simply false. Traders continue to receive payouts at scale, and we remain fully committed to supporting responsible and consistent trading. The suggestion that we’re creating an “illusion” is baseless. We encourage anyone to look at the facts and real results, not rumors.
People please don't go with the trust me please. All 5 star reviews are fake. They are worse then any other. Don't pay you. Not cooperative in any way. They always gonna find way to not pay you. I am latest victim. There was a very small issue with my payment provider account.. i can't name here. Where other firms have cooperated with me fully with no object, this firm made reason not to pay.
Response from Elite Trader Funding
Hi,
The team provided you with steps and has also been cooperating with the payment provider, Rise, to get you situated. However, we are waiting on Rise to provide details of your claim that your account is legitimate and if the previous Rise account was compromised. Until they provide an update, we are unable to move forward. Please refrain from spewing lies. None of what you have mentioned is true.
Data blocked.After DD blocked connection with NT8👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻
Response from Elite Trader Funding
Thank you for your feedback. If your data was blocked after hitting the drawdown limit, that is expected behavior as the account is automatically disabled once the max loss is reached. If you're experiencing issues connecting with NT8 afterward, please reach out to our support team—we’re happy to assist with troubleshooting.
For the second time here I am warning other traders not to be fooled by their cheap evals. They will close your accounts and deny your payout once you become profitable. Iam planning to suite those bunch of scammers they took over 32k of my profits and deny my 10k payout with no reason. Please dont waste your time and money with this scam firm. You will never get your payout anyway.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
They are legally scamming you. They try to breach your account and charge you money on every small thing dont buy from them there are way better options and dont care what other people say about this company actually invest in a good reliable propfirm instead of this
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
ths company dosnt even deserve a one star. dont be fooled buy the cheap prices , they make sure you will never pass . also all the add ons arre bullshit and when you do start doing well dont get exsited cause they will cancel the account l. last night i had 3x 150 k accounts all in profit of 4000$ they canceled them all
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
This is my second review regarding ETF. After following all their rules and achieving 18 consecutive green days, my payout was denied. In response to my earlier negative review, they claimed to have sent me an email and said they would process the payout after completing KYC and signing up with Rise. However, that email appears to be misleading, possibly just a tactic to improve their public image. I’m willing to remove this review if I receive my payout promptly. Until then, I strongly advise others to be cautious — this firm raises several red flags.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Société qui change ses règles pour ne pas payé ses traders, le DCA est interdit alors que c’est l’atout du trader professionnel,tout les conçurent propfirm sérieux l’autorise . Je suis très déçu car cette entreprise est en perdition total .si sa continue personne ne viendra chez vous car d’autre propose mieux et son sérieux .j’ai valider un test le 30/04/2025 mais je ne payerai pas les 80$ de frais je préfère m’arrêter avec vous et aller ailleurs.
Response from Elite Trader Funding
Thank you for sharing your feedback. Our rules have always been clearly stated and must be agreed to before purchasing any evaluation. If anything was unclear or if you’d like help understanding the rules that applied to your account at that time, please feel free to reach out to us at support@etf.fund, we’re always here to clarify.
These guys are hilarious! What a joke. I have written here before about them but I just could not resist their 90% off going out of business deal. I bought a 50k account evaluation for $16.50))) Passed in 5 days and received my new funded account agreement to sign. They moved the number of active trading days to request a payout up to 15 days. To qualify as an active trading your profit must exceed 23% of your highest profit day. Good luck with that if you happen to have one good day. Losing days don't count. This might take a couple of months if things go right. They say this is all because they are looking for real traders. yeah right! What real trader would waste their time with these guys to maybe get $2000 max for 1st payout after 2 months of hard work. Also check out this clause in the agreement "ETF reserves the right to close any Account, for any reason, in its sole discretion". If they cancel an account for some bogus reason and you have money in there (posssibly 5-10K) They will pay you a generous 2%. Real nice guys!! My current prop firm pays out the first day if you exceed the buffer zone. I seriously think the 90% off is a going out of business sale. If not now then soon. They will never last.
Response from Elite Trader Funding
Thanks for sharing your feedback. Since this review was posted, several of our program rules and payout processes have been updated to improve clarity, consistency, and the overall trader experience. We encourage traders to review the current terms and Help Center for the most up-to-date information. If you have specific questions about how the current rules work, our support team is always available to provide clarification.
This is one of the worst prop firm in the industry. I don't understand what kind of stupid policy they have I was charge 160$ for six accounts in 3 days.
Response from Elite Trader Funding
Thanks for your review. We’re unable to locate any account based on the details provided. Please email support@etf.fund so we can verify your case and give you a clear explanation. We're happy to take a closer look once we can identify the account.
Never got my refund for account that passed before the main one was moved to live. The company is a big scam. They'll soon be left behind by other firms coming up. Never seen any D2F that autorenews besides it being expensive than the competition. Another scam move
Response from Elite Trader Funding
We already provided information on what happens to the accounts that don't qualify for Live. It is clearly stated in our FAQ.
As of Wednesday April 22nd, we drastically reduced our One Time activation fee to ensure every trader can join the ETF family at a much more affordable price! We believe in empowering you to trade with confidence and freedom, focusing on your wins, not upcoming payments. Still love flexibility? Our $80 monthly option is still available. Want additional savings? We've got you covered with our 3D add-on. https://help.elitetraderfunding.com/help/what-are-the-elite-funded-account-fees
Be aware from Elite Trader Funding. I had 3 Elite Accounts for a total profit of more than 15,000$ (more than 5,000$ per account). I was eligible to request 2,000$ per account for a total of 6,000$. They denied my requests of payout, they closed my 3 accounts, they cancelled the honest 15,000$ of profit and they banned me. Motivation was: using of VPN-VPS. Now on April they changed their polices - removing the forbidden VPN-VPS rule - but they don't want to pay me and all the traders like me that now have the rights to have that money back. Let's go together for a class action against Elite Trader Funding
Response from Elite Trader Funding
On Tuesday April 22nd we sent the following email and notice to our customers:
Regarding our enforcement of IP Masking technology, we did our best to lock things down to protect ourselves, but we inadvertently created an environment that is neither friendly nor enjoyable for you, and we apologize.
From our point of view, we thought it was easy not to use these technologies and did not realize how common they are in the trading world. Although we would not recommend continuing use as it can introduce new problems, effective April 22nd we have decided to allow the use of VPN or VPS when trading ETF accounts. Our stance regarding using TOR and other proxy services remain unchanged; we will continue to monitor accounts for abuse of these services.
As a gesture of good faith, we will be emailing traders who were denied in the past 30 days for VPN/VPS use and will be offering them one of two options: take a payout or allow us to reinstate your account along with the payout so that you can continue killing it in the markets.
Again, we apologize for the strictness but want you to know that we as a company are nothing without you. Our goal has been to move traders to live markets and we have been doing a great job at that. Our staff, each and every single one of them has gone above and beyond their call of duty to ensure the success of ETF and management has done their best to make everyones lives easy by making things black & white but we understand that not everything can depend on a simple yes or no. Going forward, we will do better. We will continue providing you great service but we are going to take it a step further. We are going to give you, the trader, exactly what you want. More details to come on this point and rest assured that you will appreciate it when you see it. We can't reveal too much at this time as it will steal the thunder from our marketing team!
As hard as it may seem to believe, we do listen and we do adjust and we believe that this two way street is what makes our community special. Continue providing your feedback, we’re here to support you!
If you have questions about your specific situation or would like to follow up, please feel free to reach out to our support team at support@elitetraderfunding.com. We’re happy to take a second look and see what can be done.
Today I was informed they were changing their VPN rule but they will not make my payout because it was two months ago. Nothing new with these guys because they will always find a reason not to pay you. They are very tricky. These scammers know what they are doing. I was a victim of this scam and had written on here earlier. I had finally made it through to a payout only to be denied for using a VPN. As stated earlier I travel internationally and always use a VPN. It's called protection. They said this rule is to protect their trading platform but it is not their platform. It is Tradovate's platform and they don't have a problem with VPN's. So this reason is just BS! But if not this they will find another reason not to pay. I had just paid a very high price for a funded account reset prior to making it to an actual payout. They did not mention I was using a VPN and breaking the rules when they took my money. They only informed me of this after I requested a payout. Run from these guys!!!!!! There are very good prop firms out there that actually pay. This group has a very profitable business model. Sell accounts at extremely low discounts and if someone passes find a reason not to pay. Scammers!!!!!!
Response from Elite Trader Funding
On Tuesday April 22nd we sent the following email and notice to our customers:
Regarding our enforcement of IP Masking technology, we did our best to lock things down to protect ourselves, but we inadvertently created an environment that is neither friendly nor enjoyable for you, and we apologize.
From our point of view, we thought it was easy not to use these technologies and did not realize how common they are in the trading world. Although we would not recommend continuing use as it can introduce new problems, effective April 22nd we have decided to allow the use of VPN or VPS when trading ETF accounts. Our stance regarding using TOR and other proxy services remain unchanged; we will continue to monitor accounts for abuse of these services.
As a gesture of good faith, we will be emailing traders who were denied in the past 30 days for VPN/VPS use and will be offering them one of two options: take a payout or allow us to reinstate your account along with the payout so that you can continue killing it in the markets.
Again, we apologize for the strictness but want you to know that we as a company are nothing without you. Our goal has been to move traders to live markets and we have been doing a great job at that. Our staff, each and every single one of them has gone above and beyond their call of duty to ensure the success of ETF and management has done their best to make everyones lives easy by making things black & white but we understand that not everything can depend on a simple yes or no. Going forward, we will do better. We will continue providing you great service but we are going to take it a step further. We are going to give you, the trader, exactly what you want. More details to come on this point and rest assured that you will appreciate it when you see it. We can't reveal too much at this time as it will steal the thunder from our marketing team!
As hard as it may seem to believe, we do listen and we do adjust and we believe that this two way street is what makes our community special. Continue providing your feedback, we’re here to support you!
If you have questions about your specific situation or would like to follow up, please feel free to reach out to our support team at support@elitetraderfunding.com. We’re happy to take a second look and see what can be done.
Elite Trader Funding closed my account which I had held for more than a year despite not violating any of the rules.
They seem to be going to great lengths to defend their actions to their customers. Whether it is blocking payouts to customers because of “VPNs”, or refusing to pay their subcontractors, this is clearly a company that is in serious trouble.
There have been many rule changes since I joined and each time they seem to be increasing restrictions on their customers.
I suggest finding a reliable platform rather than Elite Trader Funding
Response from Elite Trader Funding
Thank you for sharing your thoughts. After reviewing your case, our team previously explained that your account was closed because it did not meet the performance requirements outlined in our Terms of Service. Decisions like this are never taken lightly, and they are based on a full review of the account’s activity.
If you would like further clarification or wish to go over the details again, please feel free to reach out to us at support@etf.fund. We're here to help.
They don't want to do payouts and will delete your account if you're getting there with the argument of vpn trading or whatever. Scam!!!!
Response from Elite Trader Funding
On Tuesday April 22nd we sent the following email and notice to our customers:
Regarding our enforcement of IP Masking technology, we did our best to lock things down to protect ourselves, but we inadvertently created an environment that is neither friendly nor enjoyable for you, and we apologize.
From our point of view, we thought it was easy not to use these technologies and did not realize how common they are in the trading world. Although we would not recommend continuing use as it can introduce new problems, effective April 22nd we have decided to allow the use of VPN or VPS when trading ETF accounts. Our stance regarding using TOR and other proxy services remain unchanged; we will continue to monitor accounts for abuse of these services.
As a gesture of good faith, we will be emailing traders who were denied in the past 30 days for VPN/VPS use and will be offering them one of two options: take a payout or allow us to reinstate your account along with the payout so that you can continue killing it in the markets.
Again, we apologize for the strictness but want you to know that we as a company are nothing without you. Our goal has been to move traders to live markets and we have been doing a great job at that. Our staff, each and every single one of them has gone above and beyond their call of duty to ensure the success of ETF and management has done their best to make everyones lives easy by making things black & white but we understand that not everything can depend on a simple yes or no. Going forward, we will do better. We will continue providing you great service but we are going to take it a step further. We are going to give you, the trader, exactly what you want. More details to come on this point and rest assured that you will appreciate it when you see it. We can't reveal too much at this time as it will steal the thunder from our marketing team!
As hard as it may seem to believe, we do listen and we do adjust and we believe that this two way street is what makes our community special. Continue providing your feedback, we’re here to support you!
If you have questions about your specific situation or would like to follow up, please feel free to reach out to our support team at support@elitetraderfunding.com. We’re happy to take a second look and see what can be done.
yes you did transfer me to live with a 6k account balance but I have 5 Sim funded accounts with more than 32k and you still have the courage to come here and reply my comment ?!!! It stated clearly on your website that the acocunts will be consolidated to live but you bunch of scammers still keep selling up to 20 accounts to the traders and when it comes to a payout you just find a malecious way to deny those payout by transferring to live and in the live account the max you transfer is 6k so if a trader has more than 6k in profit then you relpy by this stupid answer: the Sim funded accounts shouldnt be treated as cash accounts but you still keep foolling the traders by selling up to 20 accounts and this is obvious why you guys are doing this . As I said I have all the recording and screenshot of your own rules concerning the consolidation of Sim accounts into live and you gonna hear from me soon bunch of scammers.
Response from Elite Trader Funding
You are welcome to contact our support if you would like clarification on our rules. As mentioned previously, you were already paid from previous requests, and the team continuously monitors Elite-Sim traders who can trade our funds in the Live markets. Your account was set up in accordance with our terms.
A bunch of scammers. I had 5 Sim funded accounts with a total of 32k and I did request my first payout of 10k(2k per account) and they refused to pay me and quickly did cancell my accounts from the dashboard but I have the recordning of every single trade that I made with those account saying they will transfer me to live I said ok no problem but to my surpise on the live account they gave one single account of 6k and where is the rest of the money well they just stole it. I was spreading the words on different discords and sent a bunch of emails to some youtubers to warn other traders. Do not buy their cheap evaluation because you will just loose your time and money and you will never see the color of your payout. P.S: I am taking legal actions as well against them soon.
Response from Elite Trader Funding
Hi,
You were already paid out for your previous requests and transitioned to the Live markets. As clearly outlined in our terms and the agreement you signed, we reserve the right to move traders to Live at any time. SIM-funded accounts shouldn't be treated as cash accounts—they exist solely to assess your ability to manage our capital in Live conditions.
Despite being given this opportunity, you consistently hit your daily loss limit and demonstrated poor risk management. The daily loss limit is designed to protect traders from significant setbacks and increase the likelihood of long-term odds to capitalize in the Live markets.
We take a highly supportive and performance-driven approach to scaling our traders along with the daily withdrawals. Unfortunately, you didn't meet this from the start. We wish you the best moving forward.
Scam company. DO NOT USE. Went to request 6k and they literally told me I 1. Move to a live (witch I didn’t want to) 2. Take 200$ of 6k (they said it’s in there clause) 3 if I didn’t accept the live account I’m basically banned.
They wait for those big payouts then force you in a corner. It’s there way or nothing. Scam company and terrible management focused only on BS MLM
Response from Elite Trader Funding
Thank you for your review. Based on the information provided, we’re unable to identify your account. Please email us at support@etf.fund so we can review your case in detail and explain the options that were presented to you.
Me deniegan el retiro porque dicen que uso VPN. He empezado a leer ahora opiniones sobre ellos y veo que le deniegan retiro a mucha gente por reglas absurdas. No los recomiendo. SCAM
Response from Elite Trader Funding
Hi,
We ask our users to follow the rules, and they will get paid. In this case, you violated our no VPN/VPS (we check to see if your source is from a Datacenter that provides hosting)/TOR/Proxy rule when trading, which has been in place for years. It's important to take accountability when you are aware that you broke a rule. If you have doubts, reach out. They will provide you with logs of their findings. This can be asked at any point, even before you request a payout, so that you are compliant with our rules.
Scam cette propfirm Refus payout sois disant utilisation d’un vpn alors que j’ai juste tradé une fois pas chez moi donc avec une autre IP mais aucun VPN.
Response from Elite Trader Funding
Hi,
We ask our users to follow the rules, and they will get paid. In this case, you violated our no VPN/VPS (we check to see if your source is from a Datacenter that provides hosting)/TOR/Proxy rule when trading, which has been in place for years. It's important to take accountability when you are aware that you broke a rule. If you have doubts, reach out. They will provide you with logs of their findings. This can be asked at any point, even before you request a payout, so that you are compliant with our rules.
They do not pay, customer service is trash. Not awnsering question just repeating yours.
Response from Elite Trader Funding
Thank you for sharing your feedback. We do process payouts for all eligible accounts, and we have extensive proof of successful payouts on both our website and our official Discord community.
We’d be glad to look into your specific case and clarify what happened. Please email us at support@etf.fund, and our team will review the details and assist you directly.
Created my profile with them about 2 years ago. My birth country was allowed . On March 2025, My birth country was added to the banned country right after I passed an Eval. I am living in a different country now. They just closed my 2 accounts and refunded the purchasing fee without asking me to send proof that I have papers showing i am a resident of this current country. Tried to contact support but they would not listen to anything
Response from Elite Trader Funding
Thanks for your review. We’re unable to locate any account based on the details provided. Please email support@etf.fund so we can verify your case and give you a clear explanation. We're happy to take a closer look once we can identify the account.
They are the F^king scammer, i pass my account, i achieve all the requirement to payout, but they just say i'm using vpn kind of thing, i'm not using safari to trade, they just shut down my account for no reason, this prop firm is scam! scam! scam! scam!, never try this prop firm never
Response from Elite Trader Funding
On Tuesday April 22nd we sent the following email and notice to our customers:
Regarding our enforcement of IP Masking technology, we did our best to lock things down to protect ourselves, but we inadvertently created an environment that is neither friendly nor enjoyable for you, and we apologize.
From our point of view, we thought it was easy not to use these technologies and did not realize how common they are in the trading world. Although we would not recommend continuing use as it can introduce new problems, effective April 22nd we have decided to allow the use of VPN or VPS when trading ETF accounts. Our stance regarding using TOR and other proxy services remain unchanged; we will continue to monitor accounts for abuse of these services.
As a gesture of good faith, we will be emailing traders who were denied in the past 30 days for VPN/VPS use and will be offering them one of two options: take a payout or allow us to reinstate your account along with the payout so that you can continue killing it in the markets.
Again, we apologize for the strictness but want you to know that we as a company are nothing without you. Our goal has been to move traders to live markets and we have been doing a great job at that. Our staff, each and every single one of them has gone above and beyond their call of duty to ensure the success of ETF and management has done their best to make everyones lives easy by making things black & white but we understand that not everything can depend on a simple yes or no. Going forward, we will do better. We will continue providing you great service but we are going to take it a step further. We are going to give you, the trader, exactly what you want. More details to come on this point and rest assured that you will appreciate it when you see it. We can't reveal too much at this time as it will steal the thunder from our marketing team!
As hard as it may seem to believe, we do listen and we do adjust and we believe that this two way street is what makes our community special. Continue providing your feedback, we’re here to support you!
If you have questions about your specific situation or would like to follow up, please feel free to reach out to our support team at support@elitetraderfunding.com. We’re happy to take a second look and see what can be done.
Wish I could provide screenshots of what they did to m e and wish I could give them 0 star. I successfully passed the $150K challenge and was funded over a month ago. I followed all ETF rules and requested my first payout after 10 days. To my surprise, this request was declined, citing reasons such as VPN usage, hedging, and "scratching"—none of which I engaged in.
Despite this, I complied with your request to trade an additional 8 days. I traded consistently, achieving 18 consecutive green days and generating approximately $9,000 in profit. All trades were made in line with your platform's stated rules.
After submitting my second payout request, I followed all instructions provided, including:
Signing up with Rise
Completing KYC
Signing the required contracts
Providing personal and bank information
After all of that, I received notice that my payout was again declined. Adding to the confusion, my funded account has now been marked as "failed", even after I paid another $80 for a second month’s subscription.
This process has been incredibly disappointing. As a consistent trader who complied with all rules and requirements, I feel this is an unfair and unacceptable treatment.
Response from Elite Trader Funding
On Tuesday April 22nd we sent the following email and notice to our customers:
Regarding our enforcement of IP Masking technology, we did our best to lock things down to protect ourselves, but we inadvertently created an environment that is neither friendly nor enjoyable for you, and we apologize.
From our point of view, we thought it was easy not to use these technologies and did not realize how common they are in the trading world. Although we would not recommend continuing use as it can introduce new problems, effective April 22nd we have decided to allow the use of VPN or VPS when trading ETF accounts. Our stance regarding using TOR and other proxy services remain unchanged; we will continue to monitor accounts for abuse of these services.
As a gesture of good faith, we will be emailing traders who were denied in the past 30 days for VPN/VPS use and will be offering them one of two options: take a payout or allow us to reinstate your account along with the payout so that you can continue killing it in the markets.
Again, we apologize for the strictness but want you to know that we as a company are nothing without you. Our goal has been to move traders to live markets and we have been doing a great job at that. Our staff, each and every single one of them has gone above and beyond their call of duty to ensure the success of ETF and management has done their best to make everyones lives easy by making things black & white but we understand that not everything can depend on a simple yes or no. Going forward, we will do better. We will continue providing you great service but we are going to take it a step further. We are going to give you, the trader, exactly what you want. More details to come on this point and rest assured that you will appreciate it when you see it. We can't reveal too much at this time as it will steal the thunder from our marketing team!
As hard as it may seem to believe, we do listen and we do adjust and we believe that this two way street is what makes our community special. Continue providing your feedback, we’re here to support you!
If you have questions about your specific situation or would like to follow up, please feel free to reach out to our support team at support@elitetraderfunding.com. We’re happy to take a second look and see what can be done.
Faulty system, can't investigate issues properly. Customer care keep repeats the same response but you won't get genuine or transparent response, which brings trust factor. Otherwise automated everything which is a good part
Response from Elite Trader Funding
Thanks for sharing this. We’re sorry your experience felt unclear. If you reach out to support@etf.fund we can review your case directly and give a proper explanation. We’d like the chance to make this better for you.
They have many subtle ways to deny your payout whenever they want. Avoid them. They are insincere.
Response from Elite Trader Funding
Thank you for sharing your feedback. We understand how important transparency is, especially regarding payouts. To be clear, payouts are only denied when an account does not meet the published rules, nothing is done arbitrarily. Thousands of successful payouts are publicly documented on our website and in our Discord community.
We’d be happy to review your specific case and explain exactly what happened. Please email us at support@etf.fund so we can assist you directly.
VPN detection even if not using VPN! Not coming forward to resolve issue!
Response from Elite Trader Funding
We appreciate your feedback and are genuinely sorry to hear you feel this way. For clarity, we no longer enforce the VPN policy, and all payout audits follow a transparent, rules-based process. Our goal is to support consistent, long-term traders, not penalize success.
I used to give this company 4 stars pending my payout. The reason I gave them 4 stars because they were very nice and provided me quick responses for every question I had. Now I should give this company -10000 if possible. After spending thousands of dollars on EVAL and ELITE account and more than 6 months trading, I made almost $7000.00 and requested for payout. They refused to pay and closed my account saying that I use VPN. When I got the response, I informed them that "I am just an unsophisticated PC user, I don't even know what VPN was. I just bought a laptop from BestBuy and used it for trading, without knowing anything about how it functions internally". But they said because I violated their rule, and they must close my account. If they detected that I used VPN, they must inform me when I traded the Evaluation account and also they can provide information how to check and fix the problems similar to how to install Ninja Trader. But they waited until I traded almost 60 accounts to tell me. I will never trade with this company again, because until now I still don't know if I am on VPN or not. I don't recommend any normal PC user to trade with them because finally you will waste your money and time with them.
Response from Elite Trader Funding
On Tuesday April 22nd we sent the following email and notice to our customers:
Regarding our enforcement of IP Masking technology, we did our best to lock things down to protect ourselves, but we inadvertently created an environment that is neither friendly nor enjoyable for you, and we apologize.
From our point of view, we thought it was easy not to use these technologies and did not realize how common they are in the trading world. Although we would not recommend continuing use as it can introduce new problems, effective April 22nd we have decided to allow the use of VPN or VPS when trading ETF accounts. Our stance regarding using TOR and other proxy services remain unchanged; we will continue to monitor accounts for abuse of these services.
As a gesture of good faith, we will be emailing traders who were denied in the past 30 days for VPN/VPS use and will be offering them one of two options: take a payout or allow us to reinstate your account along with the payout so that you can continue killing it in the markets.
Again, we apologize for the strictness but want you to know that we as a company are nothing without you. Our goal has been to move traders to live markets and we have been doing a great job at that. Our staff, each and every single one of them has gone above and beyond their call of duty to ensure the success of ETF and management has done their best to make everyones lives easy by making things black & white but we understand that not everything can depend on a simple yes or no. Going forward, we will do better. We will continue providing you great service but we are going to take it a step further. We are going to give you, the trader, exactly what you want. More details to come on this point and rest assured that you will appreciate it when you see it. We can't reveal too much at this time as it will steal the thunder from our marketing team!
As hard as it may seem to believe, we do listen and we do adjust and we believe that this two way street is what makes our community special. Continue providing your feedback, we’re here to support you!
If you have questions about your specific situation or would like to follow up, please feel free to reach out to our support team at support@elitetraderfunding.com. We’re happy to take a second look and see what can be done.
Use time to read the one stars these are the real reviews, these people will waste your time and effort in making a payout. They will have promos and promos but refuse to be consistent and show proof of how you didnot make payout. Please don't fall the cheap discounts you may not get paid. Tame the beast and all those nonsense promos. You won't get paid,
My review stands, the company coming almost a year after to claim its umprompted review when we exchanged mails and there is proof of their BS. They are probably struggling financially and looking for reviews to purge.. I stand by my review we can share screenshots and communication of evidence of this transaction happening
Response from Elite Trader Funding
Thank you for taking the time to leave a review. We publicly post thousands of verified payouts on our website and inside our Discord community. These are available for anyone to review.
If you believe your payout was denied incorrectly, we would be glad to take another look and provide a clear explanation. You can email us anytime at support@etf.fund, and our team will be happy to assist.
Not my first choice there is definitely predatory practices going on with the funded account rules and also they spam email messages which doesn’t help. Buyer beware there are better alternatives. The funded rules will have you pulling out your hair. Remember there model is to payout using failed evaluations.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Never seen a business that makes rules that they themselves can't even go by. The 23% rule is barely publicized for new users to see; they end up thinking it's 40% till they get caught unawares or have to dig through their FAQs. They claim you can take a payout from your safety net during payout 4 which isn't true. i wasn't able to when i got to 4th payout. When they see that your payout request is high or that you've built a large buffer, they will move you to live or find a sketchy reason to deny your payout. Once you air them out on their discord, they will block you.
They claim that they will refund your passed eval fees once you go live but that's not true. They're so cheap that they find it hard to refund a $16-$20 fee. You'll see other people with the same complaints. Customer service is horrible and takes up to a week to get an email responded to. on their discord, you have to mostly deal with a handybot ..barely do you get human responses.
Don't fall for the promos they always have including tame the beast or whatever they call it. They need to tame their greedy and dishonest practices first. That's just how they stay in business because nobody in their right mind will pay their full price for an intraday drawdown when you can get EOD drawdown elsewhere for a better deal. Don't go through the ordeal of passing accounts and working hard to get payouts only to get disappointed.
They moved me to live with less than half of my balance and said that if i lost half of the balance, i'd forfeit the other half. Out of $24k, they started me with $10k, i still have $2300 balance left and they decided to shutdown the account which hasn't even gotten up to half the balance like they had said.
i know someone with over $38k balance who they moved to live with only $3k.
Response from Elite Trader Funding
Thank you for your feedback. Live accounts are subject to ongoing performance and risk management reviews, as outlined in our Terms of Service and FAQs. If an account is unable to meet Live performance requirements, it may be closed after review. In those cases, balances are handled according to the program rules disclosed at signup.
they make it impossible for you to get into contact with them , i signed up for the discord they said i need to be 13 to log in ? mind you i put in my real dob and im close to 40 ? please tell me im tripping
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Took my money and then banned my account. Terrible service
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
I never write negative reviews but what this company did to me after weeks and weeks of profitable trading it is something i've never experienced before.
I gained an elite account on 18th of february, I had a total of 14 winning days, meeting their 40% consistency rule and their 23% rule to count for a trading day, I read all their rules before starting my journey with this prop firm and their static account was attractive to me, so I decide to become a funded trader with them one day since I also like the idea that they partner with T3, which has been always a goal of mine since I started trading.
I have won a total of $32,531 of clean profits into my elite account, and I decided to take my first payout with them of $2,750.
They sent me a questionnaire, which I did, submitted my ID and submitted a total of two invoices, which they finally approved.
After this, they sent me a contract via Rise to sign, which I also signed.
Then the good news came, they sent me an email that my payout was approved and the funds deducted from my tradovate account, which made me really happy and the market had just opened, so I was preparing to take my next trade and become a professional live funded trade with them one day.
9 minutes after the approved email came, they sent me another email, which writes "Dear Trader,
After reviewing your trading activity, we regret to inform you that your recent payout request cannot be approved due to a violation of our 35% risk management policy, which applies after a 20% equity growth. As a result of this violation, your account has been closed in accordance with our guidelines.
Risk Management We encourage you to review your trade history and reflect on this outcome to better align with our policies should you choose to pursue future opportunities.
- ETF Team"
This rule came out of nowhere, they did not have this rule when I joined nor they sent any email or notification that this rule was effective and retroactive to all traders moving forward.
Not only that but they sent me this after approving my payout, which makes no sense whatsoever.
I can't explain with words how devastated I am of losing my whole account with over $32k in profits and the worse is that they did not even reply to my email that I sent to them, asking them to give me a warning and not close my account, that I'd meet that rule moving forward.
But no reply, nothing, silence and my account gone.
There is no video on if you have a life time license of a platform there is no way to add this in with your platform. This also does not allow you to add it to R/Trader Pro along with any other prop firm companies. I've tried for several weeks and got tired of speaking with a computer. CUSTOMER SERVICE IS THE NUMBER KEY TO A SUCCESSFUL BUSINESS.( NOT A COMPUTER ) Try to have a marriage without speaking to your spouse. I owned a service company for 40 years. This company does't no it's customers. You have to KNOW your clients. Anyway this was a experience I could have done without. LESSON LEARNED Thank you
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Payouts take way too long. I would recommend going to another firm. Other than payouts taking to long there’s an extreme amount of rules you have to follow to get paid. Been 1 week and my payout has not been approved or denied.
Response from Elite Trader Funding
Thank you for your feedback. We understand how important fast payouts are. Since this review was posted, we’ve implemented a 48-hour payout guarantee to ensure requests are processed much faster and more efficiently.
I trade everyday with prop firms. I try new ones out to recommend to other traders. This is one-- I will not recommend. After back and fourth emails to them, they refused my payout because they claim I was using a VPN. I use a VPS, which is different and if you do research on it, its the only way to trade. I contested it, and informed them that I was not using a VPN three times and they closed my account. Trading is hard, don't make it harder by using a prop firm that will waste your time and money. Shortly after writing this review, they emailed me thanked me for clarifying that I was on a VPS not a VPN...and said that VPS was not allowed either. Seems they are looking for reasons to disqualify (sounds like fast Track Trading all over again). I reviewed my contract and no mention of "no VPS usage" was in there. Again, building up accounts is time consuming and difficult (Time is money!). I hope this review is helpful to others. Do your research on this firm and good luck out there :)
Response from Elite Trader Funding
Thank you for your feedback. At the time of this review, different platform policies were in place. Since then, our rules have been updated, and we continue to refine our processes to improve clarity and the overall trader experience while maintaining consistent program standards.
I have not even signed up, but the customer service is totally useless and possibily playing dumb when asked clarification questions surrounding their plans and keeps sending links to the FAQ page, which i am screenshotting and asking clarification questions about it.
Response from Elite Trader Funding
Thanks for your feedback. We reference the FAQ to ensure information is accurate and consistent, but we’re always happy to clarify anything further. You can reach us anytime at support@etf.fund
Schlimmste Funded Firma die es gibt man darf fast nichts traden...
Response from Elite Trader Funding
Thank you for your feedback. Our rules are fully published so traders can review them beforehand, but we’re happy to look into your concerns. You can reach us anytime at support@etf.fund
estuve mas de 2 horas intentando comunicarme con ustedes, no hay una comunicacion, efectiva con soporte todo es a traves de un boot, que no lo veo para nada eficaz, ya que todo esto uno con esfuerzo realiza los pagos para poder generar y tener respuesta de ustedes de manera mas rapida, por cierto aun no resuelven mi inconveniente, pague mi cuenta real, y las plataformas no reconocen mis contraseñas, me indican que se esta procesando mi cuenta y eso fue a las 8 am, desde esa hora estoy intentando, una vida poder comunicarme con ustedes
Response from Elite Trader Funding
Thank you for your feedback. At the time this review was posted, our records show that you were already in active email communication with our customer support team regarding your concern. Our support process is handled through email to ensure proper review and resolution of account-related issues.
Don't do it, if you are trying to trade with this company I know you may see glowing review that makes you happy but listen to an experienced trader this is the only company that denies payout and provides no proof or reason why. They will lure you in with cheap promo so many negative experiences. Try other trade firms who are consistent and don't come up with flimsy excuses with no proof to deny payout. Like I said don't do it of you read this review. I won't be surprised if they go down anytime soon, they used to be reliable but now it's a shit show.. one more time don't do it. People deny payout that's not the problem but all forms detailed proof with evidence but these people just wrote a flimsy email and no proof. It's like someone said you stole with no evidence..
Response from Elite Trader Funding
Our team does their due diligence with every request that comes in. If you are flagged for violation, you are usually asked to trade few more days and request again. Your account is not closed.
avoid trailing drawdown bases on equity(highest unrealized PnL) at all cost you gonna spend more than what you can, better look for EoD(End of Day Drawdown)
Response from Elite Trader Funding
We offer several types of products, including EOD.
My account was banned before I event started trading . My money was refunded but I really wanted to trade using this platform. I can’t trust a platform that bans clients with no valid explanation
Response from Elite Trader Funding
Thanks for the feedback. We can’t identify your account from this review. Please email us at support@etf.fund, our customer service team will gladly look into your account directly and provide a clear explanation.
After i request the payout the tell me I used VPN I swear i didn’t use the vpn and the support didn’t help me to detect the problem our how I can solve this issue and the closed my account after three months of working the theft my hard work !!!!!!!
Response from Elite Trader Funding
We’re unable to locate an account from this review. If you’d like us to look into this and provide clarification, please contact our support team at support@etf.fund.
SCAM RUN AWAY: If the market drops 400 points in 10 seconds or 800 points in 10 seconds, EliteTrader wants you to keep moving ur stop loss at the speed of a machine and take that loss becuase if you close a trade within 10 seoonds they will deny payout
There is barely a chance that out of 100s of trades you take there won't be 1 that hits your stoploss or take profit within 10 seconds and thats how Elite will deny payout
Response from Elite Trader Funding
Thanks for your review. We’re unable to locate any account based on the details provided. Please email support@etf.fund so we can verify your case and give you a clear explanation. We're happy to take a closer look once we can identify the account.
For traders seeking a funded account, Elite Trader often seems like an attractive choice. They promise the opportunity to trade with company capital, which appears to be a win-win scenario. However, a closer look at their trailing drawdown policy reveals a system that disproportionately benefits the company at the expense of the trader.
The trailing drawdown is essentially a moving limit that follows your highest account balance. While this might sound reasonable at first, the way it’s structured can create a nearly impossible environment for long-term success.
Response from Elite Trader Funding
Thank you for your feedback. Our trailing drawdown rules are clearly disclosed and are one of the many plans that we offer.
You can trade as close to a personal brokerage account as possible by having a fixed minimum balance that doesn't adjust with profits via our Static account.
Or perhaps you'd like the benefit of holding positions overnight and through the weekend for larger moves in the market? You can do so with either our Diamond Hands or Direct to Funded accounts.
If you like to capitalize on daily moves intraday, then our End of Day accounts trail based on your highest end of day realized profit.
We understand trailing drawdown may not suit your trading style, which is why we offer multiple plans with different rules and risk parameters. Please carefully compare all of our plans to select which best aligns with your strategy.
I got 8k in profit for 22 active trading day. They take forever to respond, especially on active trading days, which seems like a deliberate tactic to waste users' time. It feels like they are taking advantage of the situation to delay resolutions, knowing that most people here are paying a monthly fee. Not only do they slow down responses, but they also take an unreasonably long time to review payout requests. Imagine you have 20 trading days in a month—they require you to trade for 10 days, but then take a whole week to review your request. After that, they come up with a ridiculous excuse like 'high-risk trading' and demand another 10 days of trading, conveniently pushing you into the next billing cycle. This feels like a scam designed to force users into unnecessary rebills. Be warned before signing up! *** SCAM ****
Response from Elite Trader Funding
Hi,
We understand your frustration, but we need to address something important: every time you made a purchase on our platform, you agreed to our Terms of Service. This was not a one time checkbox. You agreed to these terms multiple times throughout your journey with us.
Your payout was denied because our records show a pattern of adding to positions that were already 50 to 80 points against you, sometimes with high leverage. This behavior is explicitly addressed in those terms you agreed to, and here is why it matters.
Our goal is to move traders into our Live Elite program where we fund you with real capital. We can not do that responsibly when the trading style involves repeatedly adding to deep losing positions. This approach does not survive in live markets.
We did not close the door on you. If you trade the additional days without this pattern, you are welcome to request a payout again.
We want to see you succeed, but the trading has to be something that works when real money is on the line.
I am very disappointed with customer service, I need help but no response
Response from Elite Trader Funding
Thanks for the feedback. We’re sorry you haven’t received a reply yet, that’s not the experience we aim for. Please resend your message at support@etf.fund and we’ll get it handled right away.
there is no way in which a new or average trader can get paid . due to the poor rules of the prop firm system. active trading days are different from actual traded days , further you have a 23 % rule which is 23 % of your max profit as a minimum amount to be considered an active trading day. All rules are out to kill retail traders and for you to keep paying fees, for accounts, monthly renewal fees and the promotions of 90% is just to fool you to buy more and give all your money to Elite or any other prop firm. they are all out to suck your blood and never get to the place where you can do this as a business
Response from Elite Trader Funding
Thank you for your feedback. Since this review was posted, we’ve updated our rules and programs to improve clarity and the overall trader experience while maintaining consistent risk standards. We encourage you to review our current offerings and guidelines on our website, and reach out to support@etf.fund if you’d like any clarification.
**Update 4/4/25** Your response is that you updated people of the new drawdown limit, but bulk of my review was about how you took 50% of my profits when taking me to live. I assure you there was no notice of this, and if this is anywhere on your site or you have given some notice that you take 50% of traders profits when taking them to live, I will take this review down.
Be careful for unannounced and omitted rule changes. When I first started with ETF, I read through their rules, and followed all rules and guidelines with my trading. After 1 payout, and roughly 60 trading days, I was called up to a live account. When I originally read the rules, and started trading, this was the rule for the amount of money taken to live:
"The starting balance of the consolidated Live Elite account will be equivalent to the combined total realized profit earned from your eligible Elite Sim-Funded accounts."
However, ETF only gave me 50% of my profits to take to live, and they kept the other 50%. Here is the exact verbiage used in the e-mail.
"If 50% of the Live Elite Investment is lost due to trading activities, ETF will close the account, which means any remaining balance will be forfeited."
"My account will be funded with $9,440, however I can't fall below $4,720+$300 for any reason, so I basically have an account funded with $4,420?"
Response from ETF: "Correct, your account can't fall below that."
I went back to the rules to find that original rule, but it was no longer there. I had saved the rules when I started, as I always try to keep the rules front of mind to make sure I am trading in the way the firm recommends. Also, after going live I had to send multiple emails to get my account unlocked, as it was just randomly locked for days, causing me to miss entire days of trading. There is not another firm out there, that I'm aware of, that keeps half of your hard earned profit when taking you to live. So, if your goal is to be a successful trader and get a live account, I would work with any other firm in the futures space. It can also be frustrating to work with a firm that requires you to follow their rules, while they are allowed to change their rules at any time.
There was also another rule they changed before sending me to live, letting them take another $200 besides half my profit. While not as consequential, just shows the pattern of ETF:
"Question: Does my LIVE ELITE account come with a trailing drawdown?
Answer: No. Your account will have a fixed liquidation point set at the starting balance +100, mirroring the Elite Sim-Funded setup."
They don't pay if you ask for more than $2000, they ban you.
Response from Elite Trader Funding
We have paid out several traders with much higher amounts. You can see if it's happening in our Discord server payout channel, which is updated in real-time.
Could you please let us know what led you to believe that equity trading was supported, as our platform is dedicated exclusively to futures trading?
For clarity, the first two lines on our website state: “Gain Real Capital and Turn Strategy into Income. New to trading? No problem - we provide the funds and guidance to start trading futures.”
In addition, the markets and instruments available for trading are clearly outlined in our Help Center. Should you have any questions or need further clarification, our support team would be happy to assist you via email.
I do not recommend the company at all! If you have the opportunity, choose another company! Your money is better spent anywhere else!
Response from Elite Trader Funding
Thanks for your feedback. We’d like to understand what happened so we can review it properly. Please email us at support@etf.fund. The team will be available to assist you.
I am/was a new futures trader with Elite Trader Funding purchasing evaluations. Elite Trader Funding quickly flagged me and marked me HIGH RISK/cancelled active accounts I had purchased before 30 days. I see others who are more high risk than me and still do business with Elite. I ended up purchasing with Bulenox and now have 2 funded accounts.
I currently know one customer who failed and purchased over 15+ Elite Funding Trader evaluations and has not been marked HIGH RISK. Please help me understand why I was marked high risk and unable to purchase evaluations from this company.
Response from Elite Trader Funding
Hello, thank you for your review. In February, our payment provider flagged and temporarily blocked your transactions after identifying them as high risk, which was outside of our control. Since then, we can see that you’ve been able to successfully purchase products again, and we appreciate your continued interest in being part of the ETF community.
STAY AWAY: BIG SCAM ... The company will deny payouts if your stoploss or takeprofit gets hit within 9 seconds.
You get into a trade set your stoploss to be 80ticks if the market drops in less than 10 seconds and takes out your SL or TP -- NO PAY OUT FOR YOU.
So if you see the market bleeding after you turned on a trade they will deny you a pay out if you get out of a badly dropping market. Not only do you have to worry about the market you need a stop watch if you close a trade before 10 seconds they will deny payouts
Response from Elite Trader Funding
Hello, thank you for your feedback. ETF did not deny payouts due to sudden stop-loss or take-profit hits during volatile market conditions. When the 10-second rule was in effect, it was applied specifically to high-frequency trading behavior, not normal market exits. That rule is no longer in place, though HFT-style trading remains restricted.
Thanks for your feedback. We’re unable to identify your account based on this message. Please email support@etf.fund so we can check what happened and help you.
I WAS POSITIVE $1400 ON THE DAY AND IN A TRADE I WAS UP A COUPLE HUNDRED WITH THE MARKET GOING IN MY FAVOR THEN FOR NO REASON I WAS CLOSED OUT AND NOW MY P&L SAID -1235 AND MY ACCOUNT WAS BLOWN. I CONTACTED ELITE THROUGH A HELP TICKET AND WAS BASICALLY CALLED A LIER AND THEY WOULD NOT MAKE THIS RIGHT. APPARENTLY THEY VALUE $30 OVER THEIR CUSTOMERS AND IVE BEEN USING THEIR SITE FOR ALMOST A YEAR
Response from Elite Trader Funding
Thank you for sharing your experience. Our team reviewed the situation in detail and verified everything directly through the platform provider’s official logs. Those records showed the account breached its drawdown limit, which automatically triggers an account closure.
Our support team also invited you to share any screenshots or video from your side so we could compare both sets of data fairly, but we did not receive any additional evidence. In situations like this, we must rely on the verified platform records to ensure consistency and fairness for all traders.
I am extremely upset and frustrated with Elite Trader. I followed all the rules, built a profit of over $20,000, stayed within the consistency rule, and yet my payout was denied!
My first withdrawal request was rejected without any valid justification. They told me I needed to trade for 8 more days to prove consistency (even though I had already proven it!). So, I traded for 8 more days, maintained my consistency, stayed within all the rules, and yet I still have not been paid!
Yesterday was Wednesday, the deadline stated in their own rules for approving payments, and my payout status has not been updated. However, what did they do? They charged me for another monthly renewal! How can I pay for a renewal if I haven't even received my first payout and have no guarantee I will receive this second one?
To make things worse, on the same day they denied my first withdrawal, I was banned from their Discord server without explanation. This clearly shows that Elite Trader does not want consistent traders, they just want to make money from selling plans and monthly fees, without paying those who actually succeed.
If you're thinking about trading with Elite Trader, think twice! I am deeply disappointed and frustrated with this experience because I followed all the rules, and I still haven't been paid.
I hope they change their approach and start treating traders with respect, as that is essential for the credibility of any serious firm.
🚨 If you're a trader and want to get paid for your profits, STAY AWAY from Elite Trader! 🚨
Response from Elite Trader Funding
Hi Rafael,
Our team thoroughly audits accounts and wouldn't deny without reason. You need to do your part and read the rules. Also, Discord is not the place to discuss about your payout. All communication has to be with the payroll team.
I made 2600.00 USD on my first day trading with Elite Trader Funding, Once I found out that you can not Dollar cost average I asked Customer Service why not. Because I use Zones to trade and If shorting I short the bottom of the Zone and the Top of the Zone. I even sent them pictures of My Zone setup that I had to take the Short trade at the Bottom of the Zone and take the heat to the top of the zone, the trade was a winning trade but I still had to take the heat on the trade because you can't add to a losing trade, My definition of a losing trade or you can say MORON trade is just adding more on, but in the case that you already know you will face some heat and are not able to add more to the trade is just another case of this being a carnival game you can not win, They do have the EOD draw down but with it they have the Rule that you cant add to a position that is not in the money, Just stay with the Number one Prop firm in the world do not mess with these guys even if it's free, stay with Top Step trader! A trusted firm that doesnt try to Make trading that is really hard even harder!
Response from Elite Trader Funding
We do not accept martingale strategies, and if they are seen as a pattern of overleveraging, we do not approve of such strategies. If they are based on zone, it is okay as long as you're not overleveraging and have an SL if it doesn't work out.
It's the first time to comment, today I buy 7 contract 6EH7 at price 1.04860 and put the stop loss at 1.04630, the price didn't reach the SL at all(lowest price at begin of London is 1.04665) and they just close the account without any reason, without breach the daily loss limit, I don't know why that's why they are so cheap, don't buy it!!
Response from Elite Trader Funding
Thank you for your feedback. We’re unable to locate your account based on the information provided here. Please reach out to support@etf.fund so our team can review your account details.
Be careful with the not obviously displayed rules. Search and find all policies. I finally made it to requesting a payout after passing the evaluation and meeting all the consistenty rules with accumulating enough trading days and profit only to have my account closed for violating the VPN rule. You are forbidden to use a VPN. I travel internationally and always use a VPN to a server back home in America. It’s called protection. This was not listed in the rules or the signed agreement after passing the evaluation. I read the signed agreement many times. My profit was seized and my account disappeared. I thought this was a very harsh penalty. I asked for a lighter sentence but Non negotiable! There are other rules hidden away from the normal webpage navigation and found under policies. Their Consistency rule forces you to keep your biggest profit day to a minimum in order to manage qualifying active trading days. I’m sure they will use their martingale rule against you during the payment request audit if you added to any position. Good Luck …. Be very careful before sending them money. Try and find all the rules. They are not all listed under rules on the homepage.
Response from Elite Trader Funding
Thank you for your feedback. At the time of this review, VPN usage was not permitted under our Terms of Service. Our policies have since been updated, and we continue to apply a consistent, rules-based review process focused on long-term trading success.
The Accounts never show up on tradingview / tradovate, I did subscribe for an account paying $205. Never was able to trade. ended up cancelling. Foolish enough, I opened another 10 accounts since they have a discount going on. I could never able to find those accounts to trade.
I will never go anywhere close to these guys again. Customer service is not good at all. Only bot, no human ever. I am not sure if this is really these guys or their system was hacked, They want to verify my Identity and are asking me to upload bank statements. Really? .
Response from Elite Trader Funding
Thank you for your review. We’re unable to identify your account from this message. For clarification, please contact support@etf.fund.
account liquidation from the highest position peak and not the position opening
Response from Elite Trader Funding
We appreciate your feedback, but it seems there may be some confusion about how our liquidation process works. The reason for liquidating from the highest position peak, not the opening point, is to ensure proper risk management and protect your account from major losses. This is a standard industry practice designed to safeguard your balance.
Their customer service is really bad. They dont explain there answers at all and the email responses are rude. I would highly recommend staying far away from this company. Any company that wont refund 16. to save themselves a poor review had really poor management and no common sense.
Response from Elite Trader Funding
We take all feedback seriously, but it's clear that your review doesn't reflect the true experience of our customers. Our support team is dedicated to providing clear, respectful, and helpful responses, and we are confident that our users know and trust the level of service we provide. Your attempt to spread misinformation won’t change the fact that we have built a solid reputation for reliable support. If you have specific concerns, we encourage you to contact us directly so we can address them properly. Please refrain from posting fake reviews—it’s not helpful to anyone.
A BAD EXPERIENCE FOR ME. I WOULD ADVISE PEOPLE STAY OFF HERE. IT has seen impossible to transfer funds despite the submission of all the required documents. Sincerely using them as being the biggest regret of my life as my funds is stuck with them. The support has been unresponsive since I complained about my transfer. I'm sticking to "Ressu" everyone. Never faced any of these issues there.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Another chapter in my ordeal with ETF. Currently in litigation trying to claw back my stolen profits.
Feel free to read my other reviews for further details but essentially after months trading up 6 100k funded accounts with them to around 20k in profits, they denied my payout and wiped my accounts.
Keep in mind they don't archive the accounts like any failed eval/account will be. They completely wipe them (in my case before even reaching out to me, I found out when logging on to my dashboard and the funded account being simply gone.)
This is the opposite of transparency, and if you read my previous reviews including my correspondence with their support you'll see they really feel no need to share ANY details with you and with a wiped account there is no way to personally verify.
As far as those missing profits I've been told by legal that the only way to tangibly claim those sim funded profits being that the account is wiped is if you were to screen record ALL of your trades. Or you know, just use another legit firm that doesn't play these games.
Response from Elite Trader Funding
Thank you for the amazing feedback! Your support means everything to us! Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
worst customercare service, no email and phone number to contact, my account number Etf_165151, even you are not having proper live chat support, please provide quick support
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
DON't Purchase anything from this company. They just want to waste your time and look for any excuses to fail you and not pay you out. That's how they make money. My name is Safi Khan and I have received a 100k static account with them after passing the evaluation phase.
IF YOU PASS EVALUTION YOU THEN NEED TO pay 80 dollars per month to keep your funded account even if you dont make any profit or dont trade that month.
ABYSMAL company and ABYSMAL rules designed to make you fail. I was nearly about to cash out but they failed me because I did not close the trade before end of day, even though I had my SL. The reason I couldn't close it was that I had exams the day before and I don't sleep the whole day, so naturally I just felt asleep and they call this a hard breach. Took my 1500 profit ANY EXCUSE NOT TO PAY YOU OUT.
23% consistency rule is just bizarre. The more profit you make, your target increases. And also this rule is applied to 23 percent of your best day profit. Example my best day was 440 dollars so now in order to be eligible for cash out I needed to make 1913 dollars. NOT just this but also the fact that I needed to make minimum of 23 percent of this 440 to be considered an active trading day. so even if I make profit of 100 dollars in a day it won't be considered an active trading day. which is 103 dollars if you make profit less than this amount in a day it would not be considered an active trading day of which you need 10 of to be eligible for a payout.
And payout is capped at 2500 dollars you can't take more than that. UNREASONABLE.
HAVE to close ALL TRADES END OF DAY OR ITS A HARD BREACH. Stupid rule designed to fail traders even if you have SL. They Are glad when this happens so they fail you and refuse you payout even if trade was in profit. They close it and FAIL YOU . MAKE it make sense. LOST MY ACCOUNT AND 6 WEEKS OF HARD WORK. BUT NO THEY WILL FAIL yOU GLADLY IF YOU LEAVE IT OVERNIGHT (even if you were at hospital dying or you had a car crash). You lose everything you made all the hard work everything. SO PLEASE DONT BUY FROM THEM. Better alternatives to FUNDERPRO.COM who provide you with a lot more, daily cash outs and you can leave trades overnight . More understanding because they provide you with real funds unlike elitetraderfunding.com
END of the day good traders will always succeed where ever they go. Be consistent, patient and have a nice one my fellow traders and KEEP AWAY from EliteTraderFunding.com
Response from Elite Trader Funding
Our Diamond Hands (DH) accounts do allow trades to be held overnight, and we do our best to ensure traders understand all the rules before progressing to funded accounts. The goal is always to promote responsible trading and minimize risk.
Regarding the $80 monthly fee for maintaining your funded account, this is a flexible option for traders who want to spread the activation cost over time. It's meant to provide greater flexibility to those who choose it.
We understand that life happens, and unforeseen circumstances can arise, but the rule is clear: positions need to be closed at the end of the day to avoid a breach. This ensures fairness and consistency across all users.
The 23% consistency rule is intended to encourage steady and responsible growth, not penalize successful traders.
Our goal is always to help traders succeed in a fair and structured environment. We encourage you to carefully review all policies and reach out if you have any further questions. Thank you for sharing your experience.
I usually don’t write reviews, but due to the unfair and unrealistic reasons given for denying my payout, I feel obligated to warn other traders about my experience with Elite Trader Funding (ETF).
Despite successfully earning over $5,000 in profit in my funded account, my payout was denied, and my account was canceled on the grounds of alleged VPN usage. However, ETF provided no proof of such activity and failed to clarify how they determined that I was masking my IP. When I reached out via email to dispute this claim and stated that I do not use a VPN or any other IP-masking tools, I received no responses and my account closed.
The firm’s lack of transparency and accountability is deeply concerning. Their business model appears to be designed to attract traders with discounted prices, only to later find arbitrary reasons to deny payouts. If this is how they treat a trader on their first payout request—especially one with a single account—I can only imagine the obstacles they would create for those with multiple accounts.
This kind of unethical practice undermines traders’ hard work and aspirations of becoming successful professionals. No prop firm can sustain long-term success with such dishonest business ethics. I hope my experience serves as a warning to others before they invest their time and effort with ETF.
HAVE PHOTO PROOF WAS UNABLE TO UPLOAD HERE!!
Of course, you can’t find my account—you shut it down. And now you’re accusing me of posting fake reviews, even though I verified all my information with Trustpilot? That speaks volume's
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
The renewal system is wack. Ever time it's due to renew. I have to send a screen shot of my dashboard. Then they take a day to fix the problem. I understand they have lots of clients but this is supposed to be automatic, and it shouldn't happen repeatedly.
Response from Elite Trader Funding
We appreciate your feedback! The subscription renewal date does not change with account resets.
This company is an absolute SCAM, stay away from them, there is too much options in this industry to end up trading at ETF.
They wipped all of my FUNDED accounts i spent 3 months building up, guess when? When i requested a payout.
They said I was abusing a bug in the platform (Tradovate), I was new to tradovate at the time, and besides knowing it was a shitty web based platform, I have no clue which bug I could have been abusing.
They never contacted me during the 3 months i spent building up the accounts to reach out and say I was doing something bad unintentionally.
NOPE, INSTEAD THEY BANNED ME WITHOUT PRIOR NOTICE, AND I HAD TO CONTACT THEM MYSELF TO KNOW WHY I WASNT ABLE TO REACH THEIR WEBSITE ANYMORE.
Any decent propfirm wants the best for them AND for their trader, any decent propfirm will open up a conversation and tell the trader what is wrong, any decent BUSINESS will contact their clients if there is an issue, ANY DECENT PROPFIRM WILL NOT BAN YOU WITHOUT PRIOR NOTICE.
STAY AWAY FROM ETF !
Response from Elite Trader Funding
Thank you for your feedback. We’re unable to locate your account from this review. All account decisions follow our Terms of Service and internal review process. Please email support@etf.fund if you’d like clarification on your case.
"any trade deemed to be for the purpose of achieving an active trade day can be disqualifying"
Also see
"Any trading deemed to be gaming in our simulated environment can be disqualifying"
That is the rule they used to deny my payouts and wipe 6 100k funded accounts I spent months building up to 20k in profits.
And if you're wondering, "wow those sound really vague I'm sure they must at least provide some further detail to what you did wrong" you'd be wrong.
Look no further than their responses to my reviews on here as evidence to that. (Again I welcome ETF to respond to this and clarify WHY my accounts were wiped and exactly what I DID to be deemed "gaming in their simulated environment" Please clarify whether take profit/stop/Limit orders are permitted and if they are limited to a certain distance from the current market... it says NOWHERE on your terms any of these things)
This is the process for getting your payout denied for those of you who will ignore this and find out for yourselves.
You will wait with your request pending for about a week with no word from their support.
1 day your account will simply dissappear off of your dashboard without even so much as an email explaining why from support. (I had to get on their discord and plead with someone to respond and actually tell me what had happened 12 hours later.)
They will give you zero detail or follow up as to what exactly you did because they don't need to.
The bottom line is the legal recourse for these types of situations is limited to pretty much clawing back eval/funding fees... sim profits are a giant gray area and they know this.
I gave up a real life job opportunity because I stupidly thought ETF was legitimate and it's taken months to get back to where I had been under a different firm which is now paying out reliably.
As long as these reviews continue to help steer a few individuals away from making the same mistake I did I'll keep posting them.
Response from Elite Trader Funding
Thank you for the amazing feedback! Your support means everything to us!
In 2 days it will be a month since I started contacting support trying to get a solution for a problem with 5 of my accounts, collectively 20k+ between them, I accidentally activated my VPN at some point once and they took the entire 5k acc after I requested payout, ok fine, a little crazy for a first time accidental offense but alright, had to wait over a week to get confirmation that the 1 account was the only one of the 5 active at the time that traded while the VPN was active (one other was active but I didn’t trade that day), fine, after I request payout on one of the 5 accounts it was failed for “1 week inactive rule” yes that’s right, the 1 week I was told I would get banned if they caught another VPN use on any other of my accounts, and to “be patient” and “wait” for the IP/VPN audit, they used that to take ANOTHER 5k account. I contacted support before requesting to make sure something like this wouldn’t happen and was assured it wouldn’t before requesting, so imagine my surprise when I get the denial and cancelation email stating the exact dates I provided proof I waiting on support for. They requested the same info this week, I provided it again and first, the wrongfully closed account hasn’t been reopened yet and they just told me Friday 10 minutes before close, after a week of no contact and me reaching out for an update twice, I was just told to request again on another account. So I have a horrible feeling I’m about to again lose another 5ish k account when I’ve been told multiple times I have nothing to worry about. Worst feeling ever, only thing I’ve learned is to stick to the tried and true prop firms, these guys are not worth the stress, let my experience be a warning to anyone thinking of putting their trust/ money/ effort with these guys. Trading is stressful enough already, you do not need to be worried the whole time that you won’t even be payed out when support tells you “you have nothing to worry about”
Response from Elite Trader Funding
We take our policies seriously to uphold fairness and integrity across all accounts. Our rules are designed to ensure transparency and protect both the platform and our traders. Using a VPN, whether intentional or unintentional, is a breach of policy. This is because it compromises the security and transparency of trading activities. If a VPN is detected, it can lead to policy violations. To avoid any issues and maintain the integrity of the trading environment, we strongly advise all traders to refrain from using a VPN.
"We urge you to refrain from posting false or inaccurate information about our services and processes. Our policies are clearly outlined and available for all traders to review prior to participating. Any actions taken, are based on documented violations of those rules and are not arbitrary decisions."
This is ETFs response to my previous review, they flagged it and tried to take it off of here but I provided all evidence/documentation/correspondence to Trust Pilot and they are leaving it as is which should say something.
Feel free to read my previous reviews for further details, but essentially I had 6 100k funded accounts with ETF with nearly 20k in profits all closed and wiped because of a single Take Profit order for $100 in profit.
They said their "internal procedures were able to determine I was gaming in the sim environment"
No further detail than this was given now 2 months later and I am dealing with the legal process to claw back as much as I can from them (which won't be much other than the eval/funding fees just so you are aware since many reading this will probably face the same fate.)
So once again I am asking ETF to simply layout your rules on Stop/Take Profit/Limit orders here... whether they are allowed and how far away from the current market price they can be.
The fact they are unwilling to answer this just shows that it is one of many tools in their bag of hidden rules that they will use to deny a payout if you mange to get to it.
The platform I was on was adding extra trades that I had not known about with the ones I had made, causing me to fail. Closed the trades I knew about but had other trades running behind scenes. Had a witness seeing me press cancel exit all trades but thes other ones did not cancel or exit. When got in touch with them they tell me that the platform does not do that. Account says different. Total rip off do not recommend anyone to use it. That is what I keep being told, but no place did I knowingly place limited orders, there was no place on the screens I had up showed limited orders. I had not pushed anything saying limited orders. If they are in conjunction with market orders there should be more clarification
Response from Elite Trader Funding
We would like to clarify that our trading platforms are designed to operate accurately and reliably. Trades are executed based on user input, and any discrepancies would typically result from factors such as trade execution errors or misunderstandings about open positions. Our platform does not create or add trades beyond those initiated by the trader.
Sometimes I blame myself for being so careless and at the same time I realized are good these guys are in conning and making things look so real.
None of there promises were fulfilled and what used to be solid communication became something of I could explain.
They have tendency of causing huge damages in ones life and I believe not entertaining any form of communication with them at first is the bast way to avoid this disaster.
They surely thought they stole from me but Hill"scroft held them accountable and justice was served
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
8 time blowing this account i purchased a 50k account and lost 508.04 and left me with a balance of $49,491.96 but the drawdown is 48,000 and I didn’t reached there yet and so I tried to place another trade and it wouldn’t let me. Don’t buy this evaluation it is very hard to pass and they will scammed you.
Response from Elite Trader Funding
The drawdown rules and account parameters, including trailing thresholds, are clearly outlined in the account details and Terms of Service upon purchase. Based on your feedback, it seems that the drawdown limit of $48,000 was reached when accounting for both your realized losses and the trailing balance. Once the trailing drawdown threshold is exceeded, the account is disabled as per our policy. We encourage traders to review the account rules thoroughly before starting and reach out to our support team if you have any questions or need assistance with understanding the rules.
Scam company i did "straddle" which is hedging on eval accounts without knowing its not allowed , and i got passed the evals and after 12 + days i got payout request and after few days i got denied and the reason was "hedging policy" , if its not allowed why they let me pass the evals + pay the PA fees + reach the payout and only then they said its not allowed , tried to talk with them with no proper answer , all they say after all of it is " the rules about our services are clear however you have abuesed them.."
About their replay- I have no problem with the rules i agree with that , but the main question that they are not answering on is - whyy they let me pass the eval , pay the PA accounts fees , get payout and only then notify me its wrong , i did the straddle on the eval accounts, if its porhibited you should just not let me pass the evals and pay the fees.. so thats a scam
Response from Elite Trader Funding
The use of hedging strategies, such as "straddling," is strictly prohibited between accounts, as clearly stated in our Terms of Service and evaluation rules. However, if the strategy is executed within the same account, it would have been permitted. Additionally, such strategies are allowed on Live Elite accounts once a trader has successfully advanced.
It is every trader’s responsibility to thoroughly review and understand the rules before participating in the program. Our policies are fully transparent and readily available to all traders on our website. Accusations of being a "scam" are both baseless and unfair, as the terms and conditions were clearly outlined from the beginning.
We strive to maintain a level playing field for all traders, and violations of our rules compromise the integrity of the program.
SCAM. I've experience with 10+ propfirm and this is the worst. I recently bought a Diamond Hand account and made a $100 profit on the first day. I opened a trade before the end of a bank holiday, and since the Diamond Hand account allows holding trades during holidays, I proceeded. After securing a 1R profit, I moved my stop loss to break even. However, while I was asleep after the market reopened, the price gradually dropped below my stop loss, but no action was taken to close the trade.
Response from Elite Trader Funding
Holding trades during a holiday and experiencing issues with your stop loss after the market reopened. It’s important to understand that stop-loss functionality depends on the trading platform and market conditions. While we allow holding trades during holidays for Diamond Hands accounts, execution of stop loss orders is subject to market reopening dynamics, such as gaps or slippage, which are completely outside of our control.
Blaming the firm for normal market behavior is neither accurate nor fair. We encourage all traders to carefully manage their trades and understand the risks associated with trading, particularly during volatile periods like holidays.
If you would like to discuss this further or need clarification, our support team is always available to assist you. However, baseless accusations against our firm are not constructive and detract from a fair evaluation of the services we provide.
Still awaiting the "evidence" from ETF as to how it was determined I was "gaming in their simulated environment".
Being that I am a verified profile on here and do business with many other prop firms I would urge them to put forth the evidence to back up that claim or promptly remove their response to my previous review.
(See my previous reviews for further details)
And again I am simply asking for the exact rules they have in place when it comes to this. So others reading this review don't break the same made up rules.
So once again.
1. Is there a rule against Stop/Take Profit/Limit Orders?
2. How far away from the current market is the limit on those orders if so.
I got a payout denied and 6 funded accounts wiped with 20k in profits because of a single Take Profit order that filled for $100 profit for reference. (This was deemed gaming their simulated environment)
I think for the sake of everyone reading this and thinking of trying to fund with you guys you should at least answer those 2 questions because again it says NOWHERE IN YOUR TERMS.
I'd like to note, I have done business with the good the bad and the ugly of prop firms in the past years (ETF has been the ugliest by far, but I digress)
One of the biggest red flags from any prop firm is when they start adjusting their fee structures/running endless promos.
ETF has done both in the last 3 months...
Basically running an endless 80-90% off promo along with a ridiculous amount of weird add-ons and an increase to their funded account fees.
Legit prop firms rarely if ever run promos other than maybe once or twice a year. Because there has to be a careful balance between the money coming in from evals and funding payouts.
In this case it's not a surprise when you look through all the 1 star reviews on here that have been piling up in the same timeframe... they can basically give evals away when they will use literally anything to deny a payout.
Just in case any were wondering the legal/arbitration process for trying to claw back any of these funds is pretty tedious, and when it comes down to it, its hard to claw back anything other than eval/funding fees with simulated profits being such a gray area... They know this, which is why when it comes down to it it's easier/more cost effective for them to close accounts than payout.
Response from Elite Trader Funding
Thank you for the amazing feedback! Your review contains misleading information and unfounded claims that do not accurately reflect our policies or practices.
We urge you to refrain from posting false or inaccurate information about our services and processes. Our policies are clearly outlined and available for all traders to review prior to participating. Any actions taken, are based on documented violations of those rules and are not arbitrary decisions.
I am frustrated that I am unable to log in to Elite Trader. I did raise a ticket but their response was that all is good at their end and suggested the fault was me not keying in correctly. I Have tried countless times but am still not able to log in. I need assistance.How to review if I CANT even login to the Tradovate site for connection guide?
Response from Elite Trader Funding
Please contact customer support for further assistance support@elitetraderfunding.com
Feel free to go through my previous reviews for further details on all this.
I am now publicly calling out ETF to disclose what exactly I did or rule I broke to lead them to denying my payouts and close my accounts.
Despite their claim in the response to my previous review, they have provided NO further detail on what exactly caused the closure of my 6 funded accounts and 20k in profits...
I have laid out ALL interactions with their support in these reviews and they have been purposely vague in not disclosing any details on this, continually referring to "internal mechanisms and procedures"
I have no intention of trading with ETF ever again. But in the 1% off chance that they are not completely fraudulent I would like to at least do the due diligence for any others reading this review to find out what EXACTLY I did to cause my account closure so you can avoid doing so.
I spent dozens of emails with support explaining my strategy and making sure it was compliant with their platform (I was swing trading small micro positions on longer timeframes 1h/4h using bracket orders on their Diamond Hands offerings which allow you to hold through close) They had no reservations about my system whatsoever.
Now from what I can tell through my interaction with Tradovate (since ETF themselves have been completely unwilling to provide the slightest detail) I had a bracket order fill within minutes on a sharp market move (remember my R:R is based on the 1h so I'm expecting to hold these for hours/days usually)
Apparently this broke some undisclosed rule about "gaming a simulated environment" and was seen as justification for wiping months of hard work and profits from 6 funded accounts. 1 single trade, for barely $100 in profit out of 20k I had built up.
So again I am asking ETF to disclose publicly WHAT I DID, you have my express permission to disclose it here.
Do you have a rule against using Stop/Take Profit/Limit orders?
And if so what percentage away from the market is the limit?
Again it says nothing of the sort ANYWHERE on your terms.
But, those reading this review deserve to know so they can avoid breaking the same made-up rules...
Response from Elite Trader Funding
we kindly ask that you refrain from posting fake reviews.
I am unable to activate my exam account due to the cancellation of my monthly subscription. However, I need to fill out documents and do not have the right to choose whether to activate it or not. And there is no reasonable answer to this in their rules. ETFs only suggest that you keep your account subscribed, but they do not say that canceling the subscription will cause the assessment account to lose its effectiveness. Although I have seen poor reviews of ETFs before, I believe that as long as I trade according to the rules, there will be no problems. I never expected that in the end, I would become like those who gave low scores and believe that ETFs are not a good choice. It deliberately sets traps for traders, making them automatically give up their money and exam accounts.
Response from Elite Trader Funding
Thank you for your feedback. We understand your frustration, and we sincerely apologize for any confusion caused. Our policies do require active subscription status on accounts for continued use of accounts. Unfortunately, canceling the subscription can result in the loss of access to canceled accounts.
I've since reached out to Tradovate directly for information about the fills in question since ETF hasn't felt the need to respond. It was in fact a Take Profit order and it was LESS THAN 1% above the current market in MBT. It wasn't even within 10 ticks of the top of the market move so how/why ETF would deem this an "unrealistic fill" and worthy of wiping my 10k account is anyone's guess.
(For further back story read my other reviews)
There are a literal gauntlet of random rules that they will use to disqualify you from a payout, as evidenced by the hundreds of other 1 star reviews and stories on here.
In my specific case they denied my $2500 payout and closed my account with 10k in profits because I had a take profit order catch the top of a market swing.
The trade itself was only about $100 profit out of the 10k total in the account but it was deemed disqualifying. It literally says no where in there rules that you cannot use Stops/Take Profit/Limit orders, but they cited some jargon about "gaming a simulated trading environment" as if I could somehow know where the top of the market would be (you'd think they would want such a skilled trader lol)
In the back and forth in trying to get further details on the disqualifying trade I came on here and shared my story and they used this as justification to ban my other 5 100k funded accounts.
I received a partial refund on the activation fees and have attempted to reach out to get the remaining but get radio silence from their support at this point.
Don't waste your time here. I spent months with them, first funding and then building up funds over 20k on 6 total accounts.
Literally spending my money funding those accounts and hours/days/weeks trading them successfully.
Successful traders get moved to live accounts in real prop firms to avoid risk to the firm (I'm convinced ETF doesn't actually have a live funded program based on the reviews here)
Instead like so many other 1 star reviews have mentioned, if you get too successful your account will magically get closed for any number of random things they can make up and they won't even have to explain themselves as in my case.
EDIT: Let their response below serve as yet another warning to traders, again just make your own decision.
If you'd be okay trading a funded account for MONTHS. Hours every day. Systematically building your account over 10k in profits only to receive this vague excuse from them to not payout and close your account and no further detail whatsoever, ETF IS THE PLACE FOR YOU.
They have provided me NO other details other than those I have quoted and laid out in these reviews. None. I implore them to do so publicly on here, I am giving them my permission.
Note also that it took 12 hours AFTER they closed and completely wiped my accounts before their support even felt the need to reach out and tell me why.
They are an outright scam and are running a pretty much endless promo to milk the rest of what they can from their existing customers.
Response from Elite Trader Funding
You were provided with information about why your account was closed. There is evidence that you were gaming in the sim environment, and we do not tolerate such behavior. Therefore, your accounts were closed. Successful traders who follow the rules we move to Live account. That is our mission.
I bought a $100K static account recently. I have traded with you before and wanted to give it another try. After I purchased I realized you had raised your activation fee significantly. It is definitely not competitive with other companies anymore. I tried to send a support message asking about it but received no response, so I cancelled the account. I will not try Elite again.
Response from Elite Trader Funding
Thank you for your feedback. Our activation fees reflect the value of our Elite Sim-Funded accounts, but we also offer an $80 monthly activation option for added flexibility. We hope you’ll consider giving us another chance, and we’re here to assist with any further questions.
I passed my 50K eval, i was almost up 2000. I didnt know charismas hours market will close at such odd hour, 15 minutes past the hour.
Not knowing i opened just 2 mnq, 1 minute before market closes. I get an email that my funded account is failed now! Its xmas and obviously i didnt know. T they said too bad, yet they say "fam" i dont see family there. If i had hedged or if they simply notify their customers of holiday trading schedule ,i would accept but this was not cool.
ELITE doesn't email their customers of holiday trading hours yet uses it to fail them. Most prop firms dont allow trading using same platforms, Elite allows trading but has the rule, just one more way to fail you.
My argument stands, if you have hard rules not to trade on the last minute of market close during holidays, at least email your customers with holiday trading schedule. They said they posted it on discord. which I didnt even know they have one.
***** As a reply to their response, You allow news trading so I don't think your rule is there to protect traders . Come on, be real!
Response from Elite Trader Funding
Trading close to market close during holidays or outside regular hours carries higher risks, which is why we advise caution and adherence to the guidelines outlined in our Terms of Service.
UPDATE: ETF has since stopped replying to my emails even though they still have yet to provide any valid explanation or refunds for the affected accounts.
They have tried twice to have my previous review removed by Trustpilot, although Trustpilot is leaving it up and making me remove the account reference info.
(remember this detail if they do come back and respond saying they could not reference my account, they COULD and unlike the many other reviews left up here with entire account numbers in them they used this as an excuse to flag and try to remove my review instead of respond. (it’s a failed eval not a bank account guys come on lmao)
Again I have talked extensively with other prop firms about this policy breach and pretty much across the board they are saying this is an outright scam. Let’s lay it all out 1 more time.
1. It is not established anywhere in the rules/terms/policies whatsoever that you cannot use Take Profit/Stop Loss/Limit Orders or that they must be within a certain percentage of the market.
2. The only instance this would ever be an issue would be around news events, and if that were an issue for the prop firm many choose to disallow news trading (ETF however does not)
3. The idea that they are “protecting traders” by using a fill like this to disqualify 10k in profits, while also not being forthcoming in the least to any actual details of the actual fill and referring to “internal mechanisms” as though they are some trusted entity and not a nearly 20% 1 star rating on here is a joke.
Again I have talked extensively with the 2 other firms I work with, both laughed at the idea that I could be held responsible for “unrealistic fills” pretty much stating there is no such thing when it comes to my position sizing (literally 1-2 micros max) and that if the market moved through my order it should fill granted some slippage on a fast moving market (They are using the same platforms essentially running through tradingview/tradovate so nothing proprietary or special here in this instance)
I pressed them for details if somehow it was determined I did. 1 firm says it simply would not happen and if I had a fill on my platform it would be considered a valid trade and honored.
The other after emphasizing it has never happened previously, said if anything if there was some issue the trade in question would simply be nullified.
Again I had $10k in profits on this 100k account, along with 5 other 100k funded accounts with 20k+ profits spread amongst them, all wiped out.
I passed up on a job opportunity with the intention of trading these accounts fulltime (at the time I had just received my initial payout and had just put this 1 through) Now I am probably going to need to put most of that initial payout into legal fees trying to claw the rest of my funds back from ETF while playing catchup on my trading journey elsewhere.
Again just don’t bother with these guys, let my wasted year serve as a warning to others to just move along and don’t waste your time with ETF.
I’m happy to provide any further details to anyone who’d like to reach out.
Yes I did my due diligence, I emailed EXTENSIVELY with their support because I too ignored the red flag of 20% 1 star ratings on here.
I assumed if I just nailed down every possible rule I could be immune to becoming 1 of those 1 star reviews myself.
But no, they will literally just make something up as they did in my case.
End of the day I wish they had just denied my initial payout because again I literally gave up on real life opportunities to follow through on this scam.
I suspect either they are just very close to insolvency and unable to payout (as evidenced by their seemingly never-ending chain of promos/add ons/fee adjustments recently) or a support member from one of the firms suggested they may have some algo running determining each user’s profitability and dumping traders as they become too successful (i.e. money flowing to the user not to ETF)
Either way there is a reason there is nearly a 20% 1 star rating here while no other reputable firm comes anywhere near 10+. DON’T IGNORE IT.
EDIT: Going to include the "threatening email" once more in this review as well (this was the justification on their part for banning me and wiping my other 5 100k funded accounts and the 20k in profits on them) again I'll let you be the judge.
“If you’re forcing me to take this public I am sure after I upload my update you will find a need to explain further details publicly, and I’ll leave it to your P.R. and mods to handle that dumpster fire when it comes to it. Good day.”
They refunded 5 of the 6 "account activation fees" still waiting for the 6th along with all of the eval fees etc. but it has been a week since I've received any response.
I Was new to elite trader funding and had used other prop firms previously. I went through the combine and passed, when I went to pay the activation fee I was having trouble processing my card. I then reached out for assistance rather then helping I was told that I was banned with no explanation and I had no prior warnings if there were any issues beforehand. I then followed up asking why I had been banned with no reason given and I was met with no response. This was about 3 weeks ago and I have not been contacted since. I find ETF at a minimum uncommunicative but I feel as though they are not trustworthy considering my experience with them and I would recommend you spend your money at other firms.
Response from Elite Trader Funding
The team identified fraudulent behavior, hence shutting down the account.
Signed up for Static account via one of their ads. Then find out they don't allow VPS. I don't know a single real trader that doesn't use a VPS on Chicago server. I use nearly all real and reputable futures prop firms and not a single one doesn't allow a VPS. Makes no sense. Your home IP can change at any as it's a dynamic IP address.
I asked for a refund and they said no lol. Scammy company that runs misleading ads and implements nonsense rules to stop you from getting paid out every step of the way.
Stay far away from this company.
Response from Elite Trader Funding
Our rules and terms are provided to you before you sign up. We've had no VPN/VPS rule for over a year, and you failed to follow your due diligence. We want a two-way relationship with our traders, so that means there needs to be a level of accountability from you as well.
I have mutliple thousands in payouts and this is my review..
passed the account fine, followed all their rules and denied because of "vpn" because my ip changed when I moved my laptop from work to home. Disgusting company they do NOT pay
Response from Elite Trader Funding
We understand you’re upset, but let’s be clear—our rules exist for a reason. Changing your IP address, especially when moving between locations, raises flags for security. If you followed the rules, then there should be no issue, but we also have to ensure the integrity of the platform. It’s not about making things difficult; it’s about protecting both traders and the company.
If you believe you were wronged, you’re welcome to reach out and we’ll look into it. Complaints like these are not productive, especially when the process is in place for everyone’s protection.
I previously wrote a glowing review for ETF (after receiving the bonus provided for leaving it) but after some further experience I need to share my full story.
After about a year with ETF I finally started to dial in my trading strategy enough to navigate their convoluted payout structure and achieved my 1st payout. And like so many others on here that I willfully ignored, it would also be my last.
My next payout sat on pending for over a week. (They’re just busy I told myself nothing to worry about.)
Then the day comes when you open your dashboard and your account is just gone (not failed mind you, because failure would of course leave the account accessible in your dashboard allowing you to go back and examine trades/fills in dispute of whatever farce they put forth to explain the closure, ITS GONE).
You will go to your email expecting there must be some mistake, surely there must be some notification or email from them explaining WHY your account has been wiped from existence right? NOPE. Radio silence.
And you know that customer service that’s just so great they’ll get back to you in 15 minutes even in the middle of the night on a weekend (while the money is flowing in their direction of course) good luck with that.
I spent the better part of a Monday, at least 12 hours from the closure itself, before getting ANY response. And it took going on their discord and pleading with their mods to have someone anyone respond to do so.
This was the matter of fact email I received 12 hours later as a response to the closure of the funded account I had slowly built to 10k in profits over a few months.
“Your payout request was denied because some of your crypto futures trades were executed at prices outside the achievable market bid-ask range, violating our trading policies. While limit orders are allowed, they must align with real market conditions at the time of execution. To avoid similar issues in the future, ensure all trades are within the bid-ask range, use reliable market data, and avoid strategies reliant on price anomalies. For detailed policy information, please refer to our Payout Audit FAQ and Trading Rules.
Thank You”
This perplexed me for a number of reasons, first of which being that it says absolutely nothing of the sort in any of the policy information or rules they laid out.
It says nothing about not being able to use limit orders or them needing to be within a certain percentage of the market.
The next being I traded almost exclusively MNQ/MGC I had maybe 2-3 MBT trades total in the entire life of the account for maybe ~$200 of the 10k total profit on the account. All of these trades were pretty uneventful, I did catch a take profit order toward the top of a move and I am assuming this was the trade in question (I say assume because as I said the account was wiped first and foremost and they have been unwilling to provide even the slightest detail to the fills in question)
So just know if you happen to catch a take profit order a few percent above the market (MBT only moves ~$100 per 1% so really not an unreasonable trade) you WILL be banned.
Weird how they are willing to let you slide on all those Stops you catch on the bottom though!
The worst part is I still had 5 other funded accounts with them! Well I did, as I continued to press them for further details about what actually happened it had become clear that they had no intention of providing anymore info as evidenced by this follow up email.
“We have already gone over what ticker we saw these issues with your account. We have internal tools that are able to find these specific issues and we stand by the closer of your account.
Although we understand and appreciate your advocacy for our products, we take situations like this very seriously to ensure a safe trading space for all traders.
We will reiterate the last line in the previous email. You are free to continue trading with ETF, but if the trading behavior observed on _______ continues, you will be banned from using ETF services.”
That last line essentially saying, yes I am aware we are providing you with no other information as to what you did or how or why your account was closed, but make sure you don’t do it again or we’ll close the rest of them.
This is the entire email I sent them in reply to the previous email.
“If you’re forcing me to take this public I am sure after I upload my update you will find a need to explain further details publicly, and I’ll leave it to your P.R. and mods to handle that dumpster fire when it comes to it. Good day.”
Me saying I would come here and share this experience was apparently viewed as a threat to them and all of my other 5 funded accounts were banned as well.
I don't see it as a loss though, by then they had shown their colors and I would have just wasted time trading those accounts for them to make up excuses not to payout.
Response from Elite Trader Funding
We kindly ask that you refrain from posting fake reviews.
I'll preface this by saying I trade full time and use another prop firm that I've earned monthly payouts of $8k plus per month for the last 3 months so I know how to trade and am familiar with prop firms. However, one thing I've realized with these prop firms is that the more rules and complexity they have in order to pass usually means you will get screwed. This company is no different unless you pick the right account before you get started. For example, I started with $100k accounts and had 4 separate accounts. As of right now each account has $102k in them. On the surface anyone would say that is great and I have $2k profits in each account. BUT according to this company's ridiculous intraday drawdown rule my accounts were in violation of this rule and ended. This rule doesn't even make sense in the trading industry. Companies don't use intraday drawdowns to track traders profits and losses. All people care about is if they made profits at the end of the day. This intraday drawdown means the amount you are able to lose flucuates every day and as you make more money the higher this threshold gets. Basically you get screwed. If you enter a trade and it goes up to $2k profit, but you sell it for $1k profit, the drawdown still gets increased by $2k, which is absolutely ridiculous and one of those complex rules that are made to screw you over. Whether you trade with this company or others, DO NOT SELECT ANY ACCOUNTS OR PROP FIRMS THAT USE INTRADAY UNREALIZED PROFIT TRAILING DRAWDOWNS AS A RULE. YOU WILL LOSE 99% OF THE TIME. I'm still mind blown that each of my accounts have $2k profits above where I started and I'm still in breach of their rules. Kinda amazing actually. It's bullshit like this that makes me want more regulation with these prop firms. We'll see. If you do use this company make sure you choose EOD drawdown accounts, but you'll have to keep track of your balances yourself unlike other companies that have much user friendly dashboards that help you track it automatically. Good luck.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Very defrauding company, these guys are serious scamers. They write one thing on their website and deliver something completely different. Allude people to purchase something that is not what they say it is and they hide all the stuff until the end just to take your money and make it nearly impossible to get any payout which you will find out afterwards.
Response from Elite Trader Funding
Upon reviewing your account, it appears that you have not signed the Elite Agreement after passing your evaluation, nor have you reached out to support for any assistance. You still have until December 26, 2024, to sign the agreement and activate your account for trading. We are unclear as to how this could be perceived as a scam if the required documents are not signed and the account remains inactive.
Please contact our support team to resolve any issues you may be experiencing with signing the agreement.
There was an active account, and today, Saturday, when I logged in, I found that it had been canceled. I didn’t click on anything at all. I hope you can find a solution for me, please. I am ready to lift the suspension if the issue is resolved. I am now waiting for support to respond to me.
Response from Elite Trader Funding
Thank you for sharing your feedback. Based on the information you provided, we are unable to locate your account. For further assistance, please email support@etf.fund, and we will be happy to help resolve any issues.
Additionally, we kindly ask that you refrain from posting inaccurate reviews, as we aim to maintain transparency and integrity in our community.
When I purchased EVAL test accounts, I was aware that the cost to transfer to a PA was $150. However, I recently discovered that the transfer fee has increased to $360, which is quite disappointing. While I understand that prices can change, I believe it would be fair to honor the original transfer fee for those of us who made our purchases prior to the price increase. After contacting support, they denied my request. This situation has left me feeling uncertain about the trustworthiness of your pricing practices
Response from Elite Trader Funding
We apologize for the frustration caused by the recent fee changes. On December 6th we announced we are honoring the previous one-time Elite Activation fee price for anyone who purchased an evaluation or received their Elite Agreement prior to December 1st, 2024.
Y’all are shitty stop loss and take profit remove at 5 you need to fix your program whoever allows this need to be slapped
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Charges After I left elite and signed out my bank details they are trying every single day to charge my account but 😂😂.Haha am too smart.Why would you be trying to bill my account for reset .I moved my money as well Elite .Stop trailing me upto my bank account after I have left
Response from Elite Trader Funding
Hi,
All you have to do is cancel the subscription, and the system won't attempt to charge your account. If you are unable to, please let support know, and they will get this resolved.
I purchased few accounts because it was cheap but I still have to pay for activation if I passed . I have several problems with ETF 1, they don't show on customer dashboard what is daily drawdown so i can plan for next day according to amount l have left and I feel it is just useless dashboard because there is no real information that I need One information which is most important is drawdown and it is not there. 2, ETF don't have a live chatting like topstep,my Future funded etc If I hve a question to ask i must create a ticket then I will get a reply in a mail which is just useless because it's completely opposite of what you askd 3, I askd on several occasions about how to check my drawdown and reply always is a link they send that opens up in tradovate and its complicated My simple question is to ETF why like every other firm not create a dashboard with all the info so I cn check at the end of the day what I did today and what I need to do tomorrow Sure you have basic info there but that info like my total balance etc is not important Most critical piece of info you don't hve there which is for me as a customer to know what exactly i m left with to lose so I can plan Hope ETF will improve there customer service Thanks
Response from Elite Trader Funding
We're sorry to hear about your experience. We strive to create fair and supportive rules for all our traders to succeed. If you have specific concerns or feedback about our policies, please reach out to our support team. We value your input and always seek ways to improve our services.
Unfortunately, their terms and rules are excessive and unrealistic. Their goal seems to be collecting money from subscribers rather than helping them pass the challenge or the Sim Funded stage. There are many better companies out there.
Response from Elite Trader Funding
We appreciate your feedback and understand your concerns. Our terms and rules are designed to ensure fairness and consistency and to prepare traders for long-term success in real markets. We continually strive to improve and support our traders. If you have specific suggestions or concerns, we’d welcome the opportunity to address them directly. Thank you for sharing your thoughts!
I'm a 10+ year futures trader. Thought I would try 'Elite Trader'. Completed evaluation steps in 1 trading day.
THEN FOUND OUT... Takes 10 trading days before qualifying for the first (50%) payout!
This is WAY BEYOND what every other funding company offers for payouts. Most have 5 - 7 days MAX.
I suggest you try ANY OTHER funding outlet; BEFORE committing to Elite Trader Funding.
Response from Elite Trader Funding
Thank you for sharing your feedback and experience. We understand your concerns about the payout timeline and value your perspective as an experienced trader. Our payout structure, including the 10 active trading day requirement, is designed to promote consistent and sustainable trading performance, which aligns with our commitment to preparing traders for long-term success.
That said, we’re constantly evaluating our policies to ensure they remain competitive and trader-friendly. If you have any further questions or need clarification, feel free to reach out to our support team.
Not gonna lie, im pissed about this whole set up. My account was deemed a failure with the only explanation being "violation of a risk parameter"...AFTER I passed my evaluation. My max position size is 30 contracts at any given time, my risk on my trade was 15 contracts with a trailing stop loss. The trade result was $20k+ with a minimal drawdown of $36. Price NEVER at any point retraced my max run thanks to my stop loss.l and all I get from the chat is a prompt message. Once upon a time I thought this to be a prop that stood on integrity, but i don't trust them at all at this point. Oh, and I paid for the "Pass in One Day" add-on, so I need an explanation for that part as well.
Response from Elite Trader Funding
Thank you for sharing your feedback. We understand your frustration. Your account was closed for exceeding the drawdown limit, which is a key risk parameter. Please note that the "Pass in One Day" add-on does not alter the drawdown rules. For further clarification, feel free to contact our support team.
Account no. ELITEONESTEPETF1577870016 Please tell me which rule i violated and why you denied my payout?. Don't make new rules in emails Please tell me where is that rule located in your website?
Response from Elite Trader Funding
Please reach out to the payroll team for additional information. The team wouldn't deny it unless there were a legitimate reason. Thank you!
Their ratings are high because they promise free credits if you leave a high rating on Trustpilot. complete waste of money. Instead of spending your money here, donate it to a good cause; it would be a much better choice. I’ve used more than 10 prop firms, and this is by far the worst one. 1. No live chat support. 2. The trading system is overly complicated and frustrating to use. I still haven’t fully understood it (I used the TradingView-Tradovate system). 3. Trades you open randomly close without warning. When I asked why, they said there’s a maximum contract limit, and I exceeded it. Why don’t you emphasize this before people sign up? How would I know about this unique rule that no other prop firm has? 4. Despite hours of messaging with customer service, they kept insisting that I exceeded the maximum contract limit, even though I didn’t. My trades were closed anyway. I provided the trade number, explained that I opened 1 lot gold as I had done before without issues, but now it was closed with no logical explanation.
Response from Elite Trader Funding
Hi,
Thank you for taking the time to leave a review—a few things we want to clarify.
First, we dont ask our users to leave a high-rated review and promise credits. All we ask is for some feedback, whether it's positive or negative.
Second, live chat support is in the works and will be available online soon. However, our team efficiently responds to all emails in a timely manner so that everyone is professionally catered for.
Third, we have the same platforms that most of the futures firms in this space use. We give a detailed breakdown of navigating a community via Discord to reach out to.
Fourth, this rule applies industry-wide when you are over the allowed contract limit. We even mention it on our products page before you purchase and in the FAQ.
Fifth, we would like to suggest reviewing the rules for the product you purchased and cross-checking alongside your orders. See if you have breached the risk parameter set. Keep in mind that we have several other trader-friendly products available, such as EOD and Static
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
So many foggy laws, they can close your account for any excuse, i still dont know why i lost my account
Response from Elite Trader Funding
Our rules are designed to be as transparent as possible, and we strive to communicate clearly with our traders. Please reach out to our support team so we can review your case and provide specific details about your account.
If you think trading with prop like this one is real trading wait until you find out what real trading means.If you trail my losses and profit and I set tp and sl.Once sl is hit you are guarantee you may be out of business.Please remove this trailing drawdown thing .Make it even a percentage..Just apply end of day elite .With how cheap and affordable your evals are people will gumble just to pass and get back to new accounts.Thats when elite will loose people interest because they are asking for cheap gumble.When wine is soo cheap ask yourself how was it made with what ingredients and INTENTIONS?STOP THIS ELITE
Response from Elite Trader Funding
Thank you for sharing your feedback. We understand your concerns regarding the trailing drawdown and its impact on your trading experience. Our goal is to create a balanced environment that supports long-term consistency, but we appreciate hearing your perspective.
We’ll take your suggestion into consideration as we continue to improve our offerings. We value the input of all our traders, and your comments help us refine our policies.
Terrible rule that will mess up your trading which is your trailing drawdown goes up with your unrealized profit. For their main types of evaluations, in my case for a $300k account, you are allowed $7500 of drawdown and you place a trade where you are up $1000 but take off your position at $3000, you automatically fail the evaluation. Their are static drawdown evaluations but the amount of contracts you can place is incredibly small for the account size. Overall, the unrealized profit trailing drawdown is a terrible rule for any trading career since price fluctuates so much.
Response from Elite Trader Funding
Thank you for your feedback. The purpose of the rule is to encourage traders to lock in gains as they achieve them and to foster disciplined trading that avoids high-risk behavior. For traders who prefer a more flexible approach, we also offer Static Drawdown Evaluations, although they do come with different position-sizing limits to align with the risk management parameters of those accounts.
Absolutely the WORST i have ever used so far, no live chat support, difficult to navigate couldn’t sign in for the longest then when I could sign in couldn’t connect it & when I did it would freeze & I had sign out & back multiple time with open positions , got sucked in by a stupid promo code, don’t fall for it & their drawdown is 0.6% so say I had 100k account I would be liquidated at 600$ which is utterly ridiculous compared to the standard practice 3-5% daily & 8-10% max drawdown Putting it side by side the standard 3000-5000$ daily drawdown & 8000$-10000 max drawdown & they want you to pass with 0.6% (600$) & that’s just the 2step not even fast tracked, just ridiculous stay away
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Payout denied for vpn at no point has one ever been used and they r unwilling to discuss…
Response from Elite Trader Funding
We understand your concern, and we want to clarify that we thoroughly review VPN usage before making any decision to close an account or deny a payout. VPNs are strictly prohibited in our terms to ensure account security and maintain a fair trading environment.
If you believe there’s been an error, please reach out to our support team, and we’ll be happy to re-evaluate with you
As part of our commitment to constantly improving our services, we would greatly appreciate it if you could take a moment to share your experience, either negative or positive, by following the steps below: Leave a review at Trust Pilot Once your review has been approved (no longer pending), email us a screenshot as proof that your review has been posted. Once verified, we will deposit 2,500 reward points to your account.
they are so bad they literally pay people to post positive things about them
Response from Elite Trader Funding
If you read the request the team sent, it clearly states whether it is negative OR positive. Hope that helps!
I clearly stated the Ninja connection guide was not working for me. I asked for deeper help. one on one, or step by step beyond their pre-printed guide and time after time they send the same response, "here is the guide." That is not customer service, but rather avoiding really helping the customer as asked for.
Response from Elite Trader Funding
Thank you for your feedback. Please reach out directly to support to ensure your concerns are resolved effectively.
Based on the details provided, we cannot locate your account. For further assistance, please reach out to support@etf.fund. Additionally, we request that you avoid posting misleading reviews.
I spent a fair bit of money with ETF. I would say that overall they are okay but not worth the money. I recently got charged $80 for a renewal subscription but didn’t get anything for it. They point to their terms and conditions for the reasons they can take your money without providing you anything in return. To be fair, I should have read them better but from a business/customer perspective, this is bad practice. There are many other prop firms to choose from and the fact that ETF does nothing to set itself apart and provides mediocre to poor customer service, I recommend spending your money elsewhere.
Updated 10/14/24 8:31EST. I appreciate your response and I won't get into the details of my case and how I believe you are also in the wrong. What I will say is your response does not instill confidence for potential new customers to choose your business. For example, had you been willing to work out a resolution rather than stick to the "letter of the law", you'd still be getting hundreds of dollars from me because I truly do enjoy your product. But when there are so many other options out there (who also work with their customers when they have issues), why choose you guys over others? I wish you guys the best of luck but I will not be using you product again.
Response from Elite Trader Funding
Our terms and conditions are clearly stated, and it's each trader’s responsibility to review and understand them. The renewal fee isn't a random charge—it’s a standard subscription renewal that ensures continued access to your account. Ignoring this and then blaming us for adhering to the agreed terms is simply not fair. We’ve set clear guidelines for cancellations, and it’s on the user to follow them. We take customer service seriously, but we also expect our traders to take responsibility for managing their accounts.
Traders stay away and find yourself a serious prop firm that will support you. I was banned first on their Discord and since was my account remove. Don’t ask questions about their add-ons that you will have to pay for and that you get for free with other firms. This is such an unserious firm that can not be trusted.
Response from Elite Trader Funding
We take your feedback seriously, but let’s set the record straight. Account bans don’t happen without clear violations of our policies, including respectful communication and adherence to our terms. Our add-ons are optional tools designed to enhance your trading experience, and they're fully transparent—if other firms offer something different, that’s their approach. We stand by the integrity of our services and the thousands of traders who’ve successfully built their careers with us. If you want a serious partnership, respect and understanding go both ways.
Stay away from Elite Trader Funding Good morning, the company looks for any excuse not to pay, in my case after 15 days of trading and maintaining the required consistency and all their impossible rules, suddenly on the 15th day they no longer updated the dashboard, so as not to allow me to request payment, only after 4 more days, that I was trading, suddenly they open up and update the dashboard hoping until the last that I would lose money on trading so as not to pay. Once the payment request was sent and we are at 20 days of positive trading, they tell me that I have to fill out the form because they send the money with an external company. The form never arrived and something was always missing, to make a long story short another week, to complete the registration for the payment. Then once done, another 6 days passed to process the payment. They sent me 2000 dollars out of over 7000 in the earnings account. They refused the second payment because they said that in August I did not make at least 1 operation a week because I was on vacation for 21 days, and therefore 3 weeks I did not work and because only one day I tried a strategy by entering with the Mini and Micro on the same instrument. Solution they closed my account with 6000 dollars of profit in one click with these two reasons. The reality is that if a person makes a mistake, they can be warned, and reprimanded, but voluntarily closing an account only when they have to pay, is done on purpose. In any case they do not even respond to emails, so stay away and go work with other companies which are much more correct. Very bad experience and I lost 4 months with them. Go to hell.
Response from Elite Trader Funding
Our payout process is explicitly designed to be transparent and fair, strictly adhering to the established rules for all traders. We enforce stringent policies regarding trading activity, which include the requirement to execute at least one trade per week. If you were on vacation and failed to meet this requirement, it directly impacts your eligibility for payouts. These rules are in place to ensure a level playing field for all traders. While we appreciate your feedback and acknowledge your frustration, we expect all traders to comply with the established guidelines.
I am a very disheartened and bitter that companies like this are allowed to continuously mislead and abuse the prop industry participants .It's companies and the individuals that direct the companies behavior that will eventually bring big changes to the prop firm industry .My experience is as follows ,they offered a 90% discount on the 10 k and 25 k evals before the rule change they implemented back in may. I bough multiple accounts, over 50 accounts to practice and to hopefully get some payouts .I read the agreement and was accepting of all the rules in comparison to other companies in the space at the time. I was diligently trying to get better as a trader .Then one day they announced a rule change without any notice or restraint about the current loyal customers .I immediately objected to my accounts being subjected to this new very much more difficult and challenging set of rules. Why should i be subjected to and forced into these new set of rules for accounts purchased before the new rules ever were implemented. this was not in the original contract I did not agree to this nor would I ever agree to this ,very predatory/bullying type of behavior and lack of care or compassion for the trader is extreme they only care about the personal gain of them selfish gluttonous selves Wolves in sheep's clothing is what they are at there core .That might seem a little extreme to say ,but If you actually dissect and review how they operate and the business model that continuously mislead and manipulates traders even a little bit, you will see that this is actually kind words in comparison to what type of people they actually are , I also requested a refund instead of being forced into something I did not agree to and they blatantly refused not offering a way out of this terrible experience that I had never expected from this company , please don’t everyone DO NOT purchase from this company , they will do everything even break the law to prevent you from receiving a payout they have no interest in you except for there personal financial gain .
Response from Elite Trader Funding
Thank you for sharing your feedback. Elite Trader Funding complies with all applicable laws, rules, and regulations, and we firmly reject any claim that actions are taken to avoid paying traders. All customers agree to the Terms of Service at the time of purchase. Many traders value our consistency rules, as they provide clear expectations and structured risk management on the path to payouts.
Please disregard the numerous, recent 5-star reviews that were posted by people commenting on Elite Trader Funding’s “Great customer support.” Likely fake news and done by the scheming company in an effort boost their score. There is nothing competitive about ETF. Also, at the end if the day, as a trader your main concern should be PAYOUTS not customer support that sends you a smiley face after linking you you the FAQ.
I’ve traded with the company for some time and currently have 3 sim funded accounts with them.
Here’s the breakdown of this company with some FACTS:
-Terrible evaluation prices: Some of the most expensive prices in the game. Realize that other firms already have the “optional add-ons” they are charging for. -Ridiculous consistency rules 40%? 23%? Hard to keep up -Horrific/slow drawn out payout policy. They dont even process daily like they claim. -Regarding this “amazing customer support” it doesn’t even include a live chat. Sure - they email back relatively quickly and discord support is fine but compare that to the industry standard. Most firms have this plus more.
ETF currently has the lowest trustpilot rating out of ALL the futures prop firms. They used to rarely have sales and now it’s a 70+% discount every other day… interesting 😂🤔
ETF has been around for a few years now and the payouts are abysmal. Proof: check out payoutjunction
-Just thought I’d share my experience to the new traders. DYOR
Response from Elite Trader Funding
Thanks for your feedback. We’ve reviewed your comments but couldn’t locate your account. If you’ve really been with us and have three funded accounts, please reach out so we can address this directly.
Let’s talk payouts. Live traders get daily payouts as per our terms, and Elite Sim traders get theirs every Wednesday. This has been our policy for the past few months and is clearly outlined in the FAQ. We're transparent about this and always working to improve the process.
On customer support, it’s not just about payouts. Fast, knowledgeable support is crucial to a trader’s experience. We may not offer live chat, but we respond quickly to emails and Discord, which is actually better than what many others offer.
As for pricing and add-ons, we don’t bundle everything into one expensive package. Our structure gives traders the flexibility to choose the options that work for them, rather than paying for features they don’t need.
And about the consistency rules—these aren’t “ridiculous”; they’re designed to spot traders who can handle real market conditions. Plenty of our Live Elite traders have thrived under these rules with discipline and proper risk management.
Lastly, your comment about our promotions misses the point. We offer sales to give more traders access to our programs. This doesn’t reflect a drop in quality but an effort to bring in more talent.
We encourage all traders to do their own research (DYOR), and we stand by the results our traders have achieved. If you’ve got more concerns, feel free to contact us directly.
Very bad, I have passed 100k fast track and they split the payout into 4 parts and want to 15 windays for each part as min 200 usd profit, this is impossible guys believe me, you need to 60 windays(if your winrate %100) to get full payout
Response from Elite Trader Funding
Based on the details provided, we cannot locate your account. For further assistance, please reach out to support@etf.fund. Additionally, we request that you avoid posting misleading reviews.
After trading for about 3-4 weeks and having grown the $50k account to $3400 profit, I got told that my account was getting terminated. Reason is, I’m Chinese and I use a VPN to access TradingView and Tradovate for trading, since there is a great firewall that prevents us from visiting many western sites. I should have observed the obvious red flags, such as the many negative reviews this company has, and they often reply bad reviews with the same statement, meaning is a total SCAM. If you live in mainland China, better stay away from this firm especially if you have to use VPN to bypass the great firewall. Also, they never refunded me, and they kicked me out of their discord which is a huge red flag!!
Response from Elite Trader Funding
We have a strict policy against using VPNs for security and regulatory reasons, which is clearly stated upfront. Ignoring these rules can and will result in account termination, regardless of your location.
We value traders from all regions, including China, as long as they comply with our policies. Lastly, any removal from Discord was due to violating community guidelines. We don’t tolerate baseless attacks or misinformation.
DO NOT SCAM YOURSELF. Absolutely disgusting scam of a company. I was traveling and took some trades on my phone but because I was in another country, I had to use multiple WiFi Modems to provide myself WiFi. They then accused me of using “special IP masking technology” and use of VPN because of this and denied my $2,500 payout and then DELETED that account with $11,000 of profit inside of it. Instead of then asking for evidence of traveling (which I was willing to provide and even offered) they kept telling me I was using an IP masker. Absolute trash of a company. They also took 2 days to respond after deleting my account and left me in the dark. Stick to other prop firms if you want a good experience. And I know they’ll respond to this so my account number is _148762. And this is all after I contacted your support (which took 2 days). Save yourself and save your money. They DO NOT want to see you succeed.
Response from Elite Trader Funding
We understand your frustration, but it’s important to clarify the situation. Your account was closed due to clear violations of our policy against using VPNs or data centers, which is crucial for maintaining a fair trading environment.
Our actions, including response time, were fully in line with our policies. Misrepresenting the facts doesn’t change the reality. In the future, please get in touch with customer support and submit the appropriate form before travel. It would help ensure your account isn't flagged.
We enforce these rules to protect the integrity of our platform and fairness for all traders.
Insane after making 600k profit in over 3 months in their elite-sim accounts. On a random day they sent me a risk audit email saying I'm using "martingale strategy" and banned me. Wiping out all my 600k profit. Insane how they treat actual profitable traders like this.
Edit: Great way to support your traders by banning them directly!
Response from Elite Trader Funding
We want to address your claims regarding the $600k profit and the subsequent account ineligibility. Our records clearly show that your trading pattern involved a Martingale strategy, which is strictly prohibited according to our terms and conditions. Your account demonstrated high-risk behavior several times, including an 80% drawdown when you were up $110k.
The risk audit was conducted thoroughly, and the decision to deem your account ineligible was based on these clear violations of our rules. While you may claim profitability, such trading behavior is not sustainable and violates the fair trading environment we strive to maintain for all traders.
Your account was not made ineligible without reason. It was due to a clear breach of our terms. However, we are here to support you. If you can provide a sustainable approach to your trading, we would be glad to assist you in aligning with our platform's guidelines.
I’ve used this firm for over two years and can honestly say - in it’s current state - it’s a terrible prop firm. I suspect they’re facing insolvency issues.
Currently theyre getting desperate and trialing with “add-ons.” These add-ons are standard practice at other, reputable firms. Running the numbers will show you that it is a scam and not worth it:
ETF 50k EOD w/tradeshield add-on (basically makes the DLL a soft breech which is something ALREADY included with other firms such as topstep) + one day to pass add on = $295 + $20 + $15 = $330. Then you add an $80 activation fee upon passing. All in cost = $410 for a 50k account with ridiculously stringent payout rules including a 23% consistency rule and 15 days of 200$+ to qualify. They will do whatever is possible not to pay you out.
To the new traders considering this firm - you will regret it. I doubt they’ll be around much longer. This firm commits highway robbery. If you speak or ask any questions about it you’ll be banned in the discord as well.
Consider Topstep, Myfundedfutures, tradeday and even apex.
ETF 50k EOD all in cost = $410… temporary 50% off promo? Still nearly $300 all in. Topstep 50k eod all in cost = $200 MFFU 50k starter all in cost = $76 Oh and with ETF you need over 15 days of $200 with 23% consistency + way more ridiculous rules to take a payout… the choice is clear. Stay away.
Response from Elite Trader Funding
It's disappointing to see misleading claims like these, especially from someone who's been with us for over two years. Let's break this down:
Insolvency Accusation: Suggesting that we’re facing insolvency is baseless and reckless. Our firm is financially stable, with ongoing enhancements to offer our traders more value and flexibility.
Add-Ons and Costs: The add-ons we offer, such as TradeShield and one-day pass, are optional tools designed to enhance your trading experience, not mandatory fees. Comparing our unique product offerings to other firms without context is misleading. We provide options that many traders find valuable, and they are clearly listed to ensure transparency.
Payout Rules: Our payout rules are designed to promote consistent, disciplined trading—a principle that professional traders understand and appreciate. If you're struggling with our rules, it might reflect more on your trading approach than on our firm's integrity.
Discord Ban: We welcome constructive criticism and open dialogue. However, spreading misinformation or violating community guidelines will not be tolerated in any platform.
Comparing us to other firms is fine, but make sure you're comparing apples to apples. We're committed to supporting serious traders who are ready to thrive under clear, professional guidelines. If you're looking for a shortcut or unwilling to meet industry-standard requirements, we might not be the right fit for you. But calling us a "scam" without facts is not only inaccurate—it's irresponsible.
We encourage potential traders to do their own research and reach out with any questions. We're confident in the value we provide and the success of our traders.
They are very expensive and they put evrything on add-ons so you will pay even more. If You ask tough questions they will ban you and close your account. Stay away it is a scam.
Response from Elite Trader Funding
Our pricing structure is transparent, and the add-ons are OPTIONAL tools designed to enhance your trading experience, not hidden fees.
We do not close accounts or ban users for asking tough questions. We value open communication and encourage our traders to engage with us. However, accounts are subject to closure if they violate our Terms of Service.
On 1 august i requested my first payout with ETF and that's start of all scummy things they did after. On payout policy they say payouts are approved daily, but- "due to high volume we were unable to process your payout"-. 4days later i had monthly rebill payment which did not go through single time, on other propfirms you have additional 24 hours to pay, but elite does not give second chances. They cancelled my account with 5668$ in profit and not even accepted payout (2500$) which was 4days before cancellation and should have been approved on the same day as request which was 4 days before. After contacting support, they deleted my funded account to delete all evidences but i have all screenshots. If you have traded on elite you know account stays on dashboard if it gets cancelled and than in archieve, but so called "customer support" team deleted it from dashboard and from archieve. End of story and never ever trading with them again. ELITEETF1485720014 P.S. i recovered account number from screenshots, because support deleted it from dashboard.
After ETF reply on this post: I never said words "without reason", it's a scammy reason to close account and deny payout, your side can reject single payment and viola 5600$ is lost for trader, payout request was 4days before account cancellation which should have been processed in all multiverses. I have had 9 tradovate accounts with ETF, 8 of them are visible on dashboard and that controversial account got erased somehow from dashboard😲.
Response from Elite Trader Funding
Your account was not closed without reason; it was due to a missed payment and failure to comply with our terms. We offer clear guidelines and multiple opportunities for traders to maintain their accounts, but ignoring these responsibilities has consequences. Your claim that we deleted evidence is baseless and untrue—our platform maintains all necessary records, and your account actions are logged.
They let my pass the fast track elite program, I traded for 9 days as an ‘elite trader’ I was above 10k, Now I am from a country who they can do business with. I indicated my country in the inscription, they had to block me then. So frustrating
Response from Elite Trader Funding
Based on the details provided, we cannot locate your account. For further assistance, please reach out to support@etf.fund. Additionally, we request that you avoid posting misleading reviews.
Big Scam. After 2 months of trading they denied my payout and closed my account because I was apparently using a VPN or “masking my IP” which are both inaccurate. A couple of other people in the discord had this same issue after trying to request payout. When I spoke out about the issue in the discord I was banned, along with a few other people. Don’t waste your time and money.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
My account has been deleted due to vpn violation. I have never used vpn in my life. They deleted a bunch of people's accounts and denied all payout. Big scam firm. STAY AWAY!
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. ETF Team
Denied payout and deleted my account. Weird VPN issue. I followed their rules so they come up with new one. From what I am seeing, they are blocking people who make money. Don't use them, they might make first couple payouts but once you have a large balance they find a way to delete your account! Stay away from this company. Happened to two of my friends this week.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
I have withdrawn from Elitetrader a few times without problems now they have come up with the problem of using VPN or IP masking during trading sessions. Too bad I have never used such technology during my trading. I always trade from my fixed PC at home and this seems to me just an excuse not to pay those who are working very well.
Many other users have had the same problem and they reply to all of them with the same automated email without providing concrete evidence.
Then they will say it is all fake with the usual automated message too bad you cannot attach details here on trustpilot.
Don't buy challange anymore you will lose money and time.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Sono in un gruppo con circa 200 persone e mi stavo orientando verso questa prop ma dei pagamenti sostanziosi iniziano a non arrivare e la presunta colpa la danno al fatto che si tradi tramite VPS anche se non è vero. E alla richiesta di spiegazioni danno motivi generici senza alcun dettaglio. C'è definitivamente aria di scam
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Pessimo servizio di assistenza. Frequenti problemi di disconnessione del server. Impossibile tradare. Rischio di conti bruciati. L'azienda si disinteressa e da la colpa ad altre piattaforme cui si appoggiano per ordini ed immissione ordini, non rendendosi disponibili alla verifica e potenziale soluzione. Poi come potete notare, i commenti stanno diventando ogni giorno peggiori. Lasciate perdere, rischiate solo di farvi molto male.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
They are cancelling people’s account and discord is blowing up about it. And now all banned from talking about it. I lost a lot of money with them and now been profitable and getting payouts. But by 3rd cycle they cancelled the account and made up VPN issue. There are plenty of other companies to choose from. Don’t risk your money here like I did. I followed all their rules which makes trading very difficult. 40%, 23%, 10 second, $200+ 15 days, no DCA etc….and they still found a way to take my account away. At least when APEX had their DCA crackdown, they didn’t just delete peoples accounts….This is a clear indication of shady intentions. They might be great when they taking your money. The question is when you have a large balance, what are they going to do?
Also they also said in the email to trade the other accounts since it’s first offense. Since my IP is the issue, then wouldn’t I get denied and deleted for the other accounts as well when I request payout?
This is the ONLY prop that has this weird IP rule that just deletes people’s accounts.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
New rules makes impossible to trade in long-term consistent strategies They have imposed new rules that go absolutely against being able to operate as a CPT (constant profitable trader) applying a risk in line with long-term trading possibilities. A new profit rule forces someone with a 50k account to apply a risk per trade of 10% in order to have a minimum of 200 USD in daily profits to count as a positive trading day, which if you make 199 does not qualify as a positive day. An outrage, knowing that in trading to have long-term possibilities you must manage a maximum of 3-4% per trade (and it is already too much). This company forces you to apply hyper-aggressive management so that a day of trading can qualify as a an active daily profit, which in the long run causes you to bankrupt your account. There is also another new 23% rule, where a good day must at least be 23% of the best day you have on record. To put it in perspective, they penalize good achievements since each time they will demand more profit from you to qualify as a positive day. All new rules that have nothing to do with generating prudent trading decisions and good habits. Easy to pass the test, but then once funded they put all the obstacles so that you cannot operate as you should to be a consistent trader.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
My account is removed from the tab. I have paid and trusted you guys for a challenge in which I passed fairly which is already made impossible to fail.
My account in which is still active I cannot access or view after I am rejected my payout to some violation.
I have contacted multiple times with no response. I Kinda want my activation fee back because at this point i have been scammed.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
I passed the Evaluation, had and Elite sim account but forgot a position open after the Market was closed hence the account blew(that is on me). Then they still deducted the subscription from my account on a blown account.
NOTE: They say it's a 1-step program, but then you still need to hit a certain amount before you can withdraw. So in actual fact it's a 2-step. Drawdown is also not great when doing your evaluation, much better options available at other firms.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
here is so many bad reviews about this firm .thank u for saving my money
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Terrible experience. Bought an account at 27.06.2024 08.30 AM EST. It has been more than four hours and the account still not provided. I bought a Fast Track account. They only give you 14 days to finish it and they even count weekends. But they are not providing the account within their promised time. Their support keep telling me to be patient or try to log in again but still nothing.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Durante una challenger ci sono stati dei problemi con il server un ordine che non è stato chiuso nè in profitto nè con lo stop e ha continuato a fluttuare portando il conto fuori parametri. Non hanno riconosciuto i problemi e volevano che facessi il reset. Hanno detto che si è trattato di un momento di volatilità. Altre prop hanno agito in modo completamente diverso con problemi simili. Giudizio molto negativo! PS i problemi con il vostro fornitore di servizi continuano e nessuna fake review ma un semplice differente account
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
I passed validation and went funded. I failed it later (my own fault) but problem is that later they said that I had skipped their validation process :) I should pay over 1100$ for them, lol!
Avoid!!! Scam!
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
After all the recent changes to their rules, policies, and terms, it is concluded they are designed to fail traders. For example, there is their 10 second rule. In addition, there is a dollar cost averaging rule. Do those just once, and you are subject to ETF cancelling your accounts.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Here, one signs up, pays ETF fees, passes, pays ETF more fees, is successful in reaching profit target, trading days, and 40% consistency, but ETF does not honor its requirement to payout in its contract. ETF is not able to substantiate its actions.
--------------------- Update #1: Clarification: ETF simply does not count all the trading days in order to deny payout despite what it says in their contract.
You do not need to verify claims. An arbiter can verify the claims and make the necessary awards. One does not have to post confidential information ("verifiable details") in order to post one's experience with ETF.
You state, "let's address them directly and professionally." However, your responses demonstrate you do not want to actually directly address any issues and simply ignore a customer in hopes they will go away and you can keep hard-earned fees and profits.
After "reviewing the testimonials" as you suggest, there are many, many, other complaints by reviewers who state they have not received their payouts.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
ETF has repeatedly changed how they payout their traders. Their latest change on May 20, 2024, was the most drastic.
ETF wants to do business with traders, but fails to provide a stable and dependable relationship, thereby alienating traders and businesses.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Changed withdrawal policy with 2 trade days notice. Accounts that would have been eligible for payout now forced to pay another month of activation fees because of updated forced safety net.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
About one and a half years ago, the experience with ETF was five star - their rules for payouts were simple (basic trading day), no consistency rules, with a basic profit target, and good customer service.
Come around December of 2022, they appear to have run into problem when a CPI report caused the equity markets to jump big. Shortly thereafter, ETF introduced a 40% consistency rule. However, they would still payout if one met this new rule.
In October of 2023, they again changed their rules and required genuine trading days. However, they would not specify exactly what this meant for an objective guaranteed payout. As a result of these changes, it allowed them to deny payouts if they did not like one's trades.
Fast forward to May 20, 2024, and now they have drastically changed their payout policy in which they will not allow payout into the portion of one's profits in which they consider it a safety net. They also require a counted active trading day to be the minimum of $200 or 23% of one's maximum trading day. This will most likely extend a 15 day requirement to 30 or more days as normal trading will always entail losing days, breakeven days, and smaller profit days which they do not count. Here it is possible for one to make them millions of dollars and they are not obligated to pay the trader simply because of that new policy.
Furthermore, lets say one gets past the first three payouts. Now they can move you to Live Elite. Their new terms say those transferred profits can only be paid out 5% each month. So this will require working for them for 20 months to get paid, and this assumes that they will still be in business the whole time and they won't make any further changes.
However, what is most disturbing, if one actually reads the fine print is their option not to pay you if they do not wish. Here a trader pays them for an evaluation, a funding fee, as well as their time in which they say they will compensate one as a contractor, and yet ETF's terms state they can disregard one's trading activity for any arbitrary reason, and therefore not payout.
As a result, it is strongly suggested to any new and existing customer to read the fine prints and look at more recent reviews of the company before spending your time and money.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
What happens when you make a lot of profits trading with ETF? Hey, they will just toss you away without legitimate justification or any reasonable discussion.
Fortunately, taking legal action all fees were recovered. Unfortunately, more legal action is necessary to recoup the profit split due.
So if you want to waste your time and money and then brush up on your legal expertise, ETF is the place!
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
Sadly this company has changed the rules in such a way so unfavorable to the trader that I would not recommend it. Very difficult to obtain payouts with a whole series of quibbles whose consequence is to increase the possibility that the trader will fail.
Edit after company reply. I gave my name and surname via Trustpilot when requested by the company. I can give all the proof if needed with receipt of varius challenge purchased and certification of three passed evaluations. This company find a way to discredit legit negative reviews. If a customer expresses a negative opinion, perhaps the best thing would be to understand why he expressed it. I had the 250k funded account from October 2023 producing $5,000 profit through May 2024... then the new rules came into force with five days' notice. Since my strategy involved buying at various price levels even in losing trades, the new DCA rule meant that the account was burned. So my review said that the new rules increase the chance of a trader failing. Not to mention the 23% on the best day or the minimum of $200...to be considered trading day so be able to withdraw. Simply another way to force a trader to make more trades even in unfavorable market conditions, further increasing the possibility of the account failing. My negative opinion of this company is based on my experience.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
ETF has recently changed its policy on payouts. It now does not allow payouts from their "safety" threshold amount in which they specifically state it is not grandfathered. ETF believes it can just wipe its current liability to all of its customers by doing this as well as changing what an Active Trading day.
Any person who reads this and signs up is stupid given their repeated changes in attempt to avoid liability. Why would anyone spend their hard earned money and time so that ETF just benefits but you do not?
HINT: ETF is still liable and customers will have to take legal action against them to get the compensation ETF already agreed to give them.
Response from Elite Trader Funding
Based on the information you provided, we are unable to locate your account. Please email support@etf.fund for further assistance. Additionally, we kindly ask that you refrain from posting fake reviews.
They changed they rules overnight, I was with them since almost the beginning, working my way up but now I don't trust them anymore to stay long term with them so just removed all my accounts.
Response from Elite Trader Funding
Thank you for your feedback. We've updated our policies to accommodate existing users, including those with smaller account sizes, by grandfathering them in. Please refer to our FAQ article about the changes.
Well well well about to request a payout and all of a sudden now I cannot withdraw from the safety net +100. Plus further restrictions to trade which DEFINITELY DOES NOT MAKE YOU A GOOD/CONSISTENT TRADER. JUST MAKES SURE YOU FAIL OR YOU DONT MEET THE REQUIREMENT FOR PAYOUT. Initially I thought it was a great company to work with but with these new rules coming out all of a sudden I know for a fact they are going insolvent and probably will end up like Funded Trader which went bust. AVOID! I revise my review from 5 star to minus 5 stars. Really unethical guys at ETF. There was no point in me continuing and wasting time so I asked for my account to be closed.
Response from Elite Trader Funding
Thank you for your feedback. We've updated our policies to accommodate existing users, including those with smaller account sizes, by grandfathering them in. Please refer to our FAQ article about the changes.
They changed the rules overnight. Because they are probably facing payout issues. Just take a look at ther revised policy which will come into effect within 3 days. This is not done and is proof that funding prop firms are scammy. You don't get into a contract with a trader and then change the rules on them over night and play with their psychology of trading.
Response from Elite Trader Funding
Thank you for your feedback. We've updated our policies to accommodate existing users, including those with smaller account sizes, by grandfathering them in. Please refer to our FAQ article about the changes.
They have changed their policy which as of now goes into effect on the 20th May 2024. They have send out communications today (17th May 2024) and besides that have kept silent.
The new rules mean that in order to reach a payout you need 15 trading days which only count if you win $200+ and you your best day has to be below 23% as well as under 40% consistency.
They've combined all the worst rules in other firms into one. They are either insolvent or are determined to make sure very few reach payout. Do not pay any activation fee to this firm.
Response from Elite Trader Funding
Thank you for your feedback. We've updated our policies to accommodate existing users, including those with smaller account sizes, by grandfathering them in. Please refer to our FAQ article about the changes.
Terrible company. Changed rules to include a double consistency (23% on top of the already 40% required) for payouts. Also changed rules so that it’s $200 minimum per day for 15 days. Why would anyone choose this for capped payouts? Their prices are ridiculous to begin with. For new traders - understand that they are trying to trap you into purchasing evaluations and limiting your upside as much as possible so that when the time comes to payout - theyre able to DENY it. There are far better options including topstep, tradeday, blusky, and mffu. Even apex is better. This is honestly a company that wants to collect money from failed evals and activation fees. They will do whatever is necessary not to pay out their customers.
Response from Elite Trader Funding
Thank you for your feedback. We'd like to clarify some points.
Firstly, we have updated our policies to better accommodate existing users, including those with smaller account sizes, by grandfathering them in.
Secondly, the payout request button will only appear once all requirements are met. A payout can only be denied if our terms of service are breached due to non-compliance, such as manipulating, scheming, HFT patterns, and erratic or gambling behaviors.
Don’t use them. Their rules favor failure. There are much better Futures prop firms. ** Denied Payout and then said "Trade for another 10 days so we can re-evaluate your trading"
Response from Elite Trader Funding
We're sorry to hear about your experience. We strive to create fair and supportive rules for all our traders to succeed. If you have specific concerns or feedback about our policies, please reach out to our support team. We value your input and always seek ways to improve our services.
ETF was my first prop in Dec. 2022. As I found no success with them at the time until Nov.23. Today May 2024 after receiving few payouts. It seems like the scrutiny of payout request is getting really high. Being the second time I dealt with this. First time Whatever dealt with it. This time I'm being asked to replace 11 days out of the 15 I grinded out with "LUCRATIVE TRADING". Had to share the transparency. I followed the rules I thought I did everything right. But seems like a hidden rule got me. THEY ARENT ONLY LOOKING FOR 40% OR PROFIT TARGET. THEY WILL LOOK AT YOU FOR LOWER SIZE ON VOLATILE DAYS. THEY WILL LOOK AT YOU FOR GOING FOR BETTER SET UPS. THEY DONT CARE IF YOU MAKE THE SAME EVERYDAY. THEY WILL USE YOUR WORSE ACTIONS OR BEST ACTIONS AS A WAY TO JUSTIFY THE REST. Am I saying they wont pay? No if you get approved you will get paid. The issue is the compliance rules they're asking for but not advertising until its a reason to deny. I would highly be careful as this incident has been arising a lot on social media. I got no beef or foul talk for ETF. You guys really held it down. But lets create more transparency on exactly what you're expecting from a trader. Because the last thing ANY trader wants to see mid day is a payout request DENIED email. I will try to follow their asked conditions but truthfully very discouraging. THIS IS THE TRUTH.
Response from Elite Trader Funding
Thank you for sharing your experience and feedback. We truly value your long-standing relationship with ETF and your candidness in discussing the challenges you've faced.
We strive for transparency and clarity in all our dealings, and we regret any confusion or frustration you have encountered with our payout process. Our goal is to ensure that all traders have a clear understanding of the requirements and expectations involved.
The criteria we use in our audits are designed to uphold the integrity and fairness of our trading platform. While the 40% rule and profit targets are prominent, It is crucial for us to see consistent, genuine trade activity that demonstrates scalability with the markets
We appreciate your suggestion to define these rules more explicitly. Our team will review our communication to improve how we share these details with our traders. We are committed to enhancing our transparency and will take this feedback into account as we refine our policies.
Your experience is important to us, and we are here to support you in meeting the required conditions for future payouts. We are dedicated to helping our traders succeed and are keen to resolve any issues promptly.
Thank you again for your feedback, and for your continued patience and dedication as a valued member of the ETF community.
Where firms really matter is when it comes to their payouts. All of the firms more or less have a similar baseline now of pricing, rules, and such. However, what matters the most and why we are here is the payouts we seek.
The firm is not clear as to what it defines as a scartch trade. If you trade leveraged one day then decide to protect your capital moving forward, they will deny payout. They will claim that you are scratch trading. I provided there team with screenshots, trade history, and everything else of me not only holding trades for more then 5 minutes, but the optics behind my trades as well. Yet, they seem to hit me with this sudden, last minute rule of "well we define a scratch trade as X". This definition does not meet what they list on their site which is a trade that is held for less than ten seconds. They don't even have in fine print what a scratch trade is considered.
I met every single payout requirement. I traded a total of 15 days, my total profit is 40% of my best day, I had a green day on all of my 15 days. Yet, because I had ONE high leveraged day, that suddenly means that I can't get my payout? How does it even impact their team if they can't pay me out?
I'll continue to trade with this firm only because I'm now locked in with an account that is in profit, that I should be able to withdraw from. But, of course. They iwll do anything in there power to take my money for evals and other fees, but make up new rules to ensure that I don't get the payout I've spent 15 days working for.
these guys are jokers and APEX at the very least listens to people. Feel free to e-mail me and I will provide screenshots of my interactions and my trade history to anyone who needs it.
edit:
they're response states to reach out to their support team but i had EXTENSIVE convo with their support team, telling them that they are making up rules to deny traders payouts. Not sure if its a liquidity problem or what. But, it is incredibly disappointing.
AGAIN, had they just listed on THEIR WEBSITE that traders should strive to make +200 to get a payout. Then that'd make more sense. However, they tell you as you get a payout. IN ADDITION, another rule they neglect to tell traders.
If you have a winning day of +500 on a 25k account, then you proceed to make anywhere from 10-20% of that goal for the next 14 days, you will NOT be allowed a payout.
Important information and it is borderline fraud. You think after what happen to my forex funds that these firms would be a little more careful.
Response from Elite Trader Funding
We're sorry to hear about your experience. We strive to create fair and supportive rules for all our traders to succeed. If you have specific concerns or feedback about our policies, please reach out to our support team. We value your input and always seek ways to improve our services.
This company is def a scam they require that your trade should be more than 10 sec what is their business if they are interested in good traders that understand their risk at 10 sec when some others do at 10 min what is the bis deal but they are truly interested just in collecting fees i dont recommend it
Response from Elite Trader Funding
Thank you for sharing your concerns. We recommend a minimum trade duration of 10 seconds to maintain fairness and integrity within our platform. This policy helps prevent practices like high-frequency trading and manipulation of our simulated environment. While we understand that some traders prefer shorter timeframes, frequent trades under 10 seconds can raise flags during our risk reviews. We aim to encourage genuine trading activity and discourage attempts to exploit the system for personal gain. We appreciate your understanding and cooperation in maintaining a level playing field for all traders. If you have any further questions or feedback, please don't hesitate to contact support.
I just got my funded account after passing my Evaluation. Paid 150 USD. Decided to give it a try get 1 day count with a micro. Selected the wrong contract MNQH5 instead of MNQH4. the trades went thru. I lost 400 dollars in 12 seconds (really instant but I was like why I am showing 800 loss for 2 micro contract when market not moving) due to the incorrect data. Asked if they can amend that. They told me they couldn't. If the data glitch was 400 Positive. would they have honored it or told me its not valid..... Anyway, all funding companies are not the same. I know a few that would have just provided me with another account or remove the bad trades. Will not mention them here. Do your research. They told me contract had no Volume. Guessing only my contracts that went thru.
Response from Elite Trader Funding
Thanks for bringing this to our attention. We understand the importance of trading the correct contract.
As part of our service, it's the responsibility of traders to ensure they're trading the correct contracts. While we do our best to provide assistance, we can't amend trades based on incorrect contract selections.
We appreciate your feedback and understand that experiences may vary among funding companies. We encourage all traders to conduct thorough research to find the best fit for their trading needs.
If you have any further questions or concerns, please feel free to reach out to us. We're here to help.
There was a misunderstanding with my account and paid for a full month when the account was very close to blowing up. The customer support told me to sod off. Scammers.
Response from Elite Trader Funding
Please provide more details so we can investigate and assist you further. Your satisfaction is important to us, and we want to ensure we address your concerns.
I had a trade which was going for tp and would get me funded as I had only phase 1 acc and the account breached over night and ended my position moved to BE with 600$ in profit due to their issues. This was the second chance, as in the first chance they breached my acc due to daily loss limit as it was not updated from the last day. Too many bugs, they gave me another acc but with the second chance only, and didnt respond afterwards to my pings as I made a ticket in their discord. Would’ve gave them more stars as they were pretty friendly but we’re talking about the platform. Pretty unfair for me, this was the 2nd account bought.
Response from Elite Trader Funding
To resolve any outstanding issues or concerns you may have, We recommend reaching out to our customer support team directly. They'll be able to assist you further and address any issues with your account.
I breached one founded account so I thought that I have nothing more to do with him, today they charged me again with 80.00$, it's not a problem, I understand, but I still can't use the account is breached. So what am I charged for? That have no sense.. I open a ticket for answer ..answer for them I must pay 2500.00 $ for reset :))) big big joke. Ok no need reset but 80.00$ for what .. neither tradovate to use data fee :))) after they give 600 points :)) another joke for use this I must pay another money thats is big joke
Response from Elite Trader Funding
Thank you for reaching out and sharing your concerns. We truly understand your perspective, and we're grateful for your feedback.
To clarify, let us explain that the subscription renewal and the Elite account reset are distinct processes. Your subscription renewal ensures uninterrupted access to our services and data, irrespective of any account issues you may encounter.
Now, about the Elite account reset: it's entirely optional. We offer you the opportunity to reset your Elite account for a fee. You have until the renewal date to decide if this is the right choice for you. If you're interested, simply let us know, and we'll handle everything for you. However, if the reset isn't something you're considering, that's perfectly fine too.
In the meantime, if you prefer not to proceed with the reset, we recommend canceling your subscription before the renewal date to avoid any unnecessary charges.
If you have any further questions or need additional clarification, please don't hesitate to reach out. We're here to assist you every step of the way.
I encountered an issue with an order to close a trade, but unfortunately, I was unable to do so due to a technical glitch. I urgently contacted their support, but in the meantime, my elite account was auto-liquidated. I requested the ETF to restore my account, but they refused My ELITE Account is ELITEETF1479200007
Response from Elite Trader Funding
Our support team worked diligently to assist you with troubleshooting steps to manage your account. Understanding and utilizing the available tools is critical to avoiding such issues in the future. While we can't reinstate the account this time, please know we're committed to supporting you and enhancing your trading experiences moving forward.
if you criticize them or make them sound bad, they will silence you.
i purchased a evaluation account and the login did not work for over 48 hours, i complained and they blocked me on discord.
Response from Elite Trader Funding
Thank you for sharing your feedback. We acknowledge and understand your frustration. While our team provided support during the setup process, we did not receive any confirmation from you to indicate that the setup was completed to your satisfaction. Additionally, we made an announcement helping those who faced issues and delays creating a ticket through the Discord server to escalate, but it appears this step was not pursued.
If you would like further clarification or questions, please reach out to our support team.
I really want to like Elite Trader Funding, but the 10 second rule has got to go. It makes zero sense in today's market and is soley there to prevent traders from being able to withdraw money. You already have a rule that unrealized trailing drawdown hurts us...forcing us to scalp instead and take profits when we can. But yet we can't scalp because of the 10 second rule.
For your EOD accounts, the 10 second rule also hurts us -- we're forced to stay in a trade longer, moving our stops out to avoid the 10 second rule. Yet hitting our max daily loss is an automatic fail.
In today's market conditions, trades can often happen fast. That is beyond our control.
No other prop firm has this 10 second rule. You're forcing a trader to stay in a trade longer instead of having logical stops/targets. If you want to prevent hyper scalpers, then make a rule that the trade has to be over x-amount of ticks or points.
Very very frustrating. If ETF got rid of this rule, it would make them among the best of the prop firms. Until then, avoid.
Response from Elite Trader Funding
We appreciate your feedback regarding our 10-second trading rule. While we understand it may seem restrictive, its purpose is critical: to discourage practices that exploit the simulation environment through repetitive, patterned behaviors. It's important to clarify that our stance isn't against scalping per se, but consistent trading activities under 10 seconds, observed over time, raise concerns. Not only are such practices impractical in live trading environments, but they also risk being flagged by exchanges for potential spoofing or high-frequency trading (HFT) violations.
If you have any further questions or concerns, please feel free to reach out to our support team. Your understanding and ongoing support mean a lot to us.
They came up with regulatory compliance issues and closed my accounts suddenly. Also, refused to pay back the challenge fees. They ONLY refunded the last evaluation fees. Refused to pay the fees I have paid for previous evaluation accounts.
No trader will get a funded account in the 1st run unless you are lucky. Evaluation account fees are the main profit. If they say that they cannot accept traders from my country then they have to refund the money I have paid in total. They did not have the decency to refund.
When I argued, they came up with some crappy accusation saying that I have had 2 accounts.
Response from Elite Trader Funding
We sincerely regret any inconvenience you've experienced and genuinely understand the concerns raised. It's important to clarify that our decisions are rooted in stringent regulatory constraints, and our primary commitment is to uphold transparency and fairness in all our transactions. The constraints arise from regulations imposed by our US Futures Commission Merchants (FCMs), clearing firms, and brokers. It's crucial for us to abide by these regulations to ensure compliance. Unfortunately, this means we are unable to accept traders who are citizens or residents of certain countries due to Office of Foreign Assets Control (OFAC) restrictions. As part of our compliance efforts, we proactively reached out to users, including yourself, who fall under the OFAC restricted countries list. In such cases, we refunded actively traded accounts and provided an explanation of the service limitations. This action is not specific to individual cases but is a proactive measure to adhere to regulatory requirements set forth by the US FCM and OFAC. We understand the challenges this may pose and genuinely apologize for any inconvenience caused. Our commitment to regulatory compliance is non-negotiable, and we appreciate your understanding in this matter. If you have further questions or require additional clarification, please don't hesitate to reach out to our support team.
Fraudulent company, how much money did I spend advertising for the company and then when it was time to pay, they told me not to let Vietnam do affelite?
Response from Elite Trader Funding
We sincerely regret any inconvenience you've experienced and genuinely understand the concerns raised. It's important to clarify that our decisions are rooted in stringent regulatory constraints, and our primary commitment is to uphold transparency and fairness in all our transactions. The constraints arise from regulations imposed by our US Futures Commission Merchants (FCMs), clearing firms, and brokers. It's crucial for us to abide by these regulations to ensure compliance. Unfortunately, this means we are unable to accept traders who are citizens or residents of certain countries due to Office of Foreign Assets Control (OFAC) restrictions. As part of our compliance efforts, we proactively reached out to users, including yourself, who fall under the OFAC restricted countries list. In such cases, we refunded actively traded accounts and provided an explanation of the service limitations. This action is not specific to individual cases but is a proactive measure to adhere to regulatory requirements set forth by the US FCM and OFAC. We understand the challenges this may pose and genuinely apologize for any inconvenience caused. Our commitment to regulatory compliance is non-negotiable, and we appreciate your understanding in this matter. If you have further questions or require additional clarification, please don't hesitate to reach out to our support team.
If it is due to regulatory requirements and my country Pakistan's inclusion on the OFAC list. Elite Trader Funding should have told me from the day 1. I had purchased account and had paid all the fees, I had been trading with them since December 2023. I had been contacting them several times (all emails are available) but they never ever talked about OFAC list, and restriction for Pakistan. Not even on their website before January 3, 2024. I had qualified (documents available) and got Live Elite Account. They even congratulated me that time via email. Then I made profits with very very hard work and numerous difficulties (screenshots are available). After working very hard, in the end during the process of pay-out of profits around just $3000 USD, they removed all of my profits on January 3, 2024. Because I'm from Pakistan. Is there any human right left?? I provided all the details about myself and Pakistan address, Pakistani verified Mobile Number from day 1, to Elite Trader Funding (December 2023). Then I qualified and got Live Elite Account. Earned profits around $3000 USD. But ETF had and never ever mentioned in emails. Suddenly mentioned OFAC list when I asked for my profits, then removed my account and removed all the profits. After my account incident, they've updated their website about OFAC list. (Never mentioned before) There were many problems even during the trading, like I was many times unable to close the positions and get profits. And sometimes taking any trade became problem (All screenshots are available). Then I had to contact support again and again. I even had been talking to Tradovate support (All emails are available) for many problems. Sometimes my account used to log out during the trade from Tradingview... then many times I was unable to login again... even during the trade.... I had sent emails, screenshots about these problems, and also had been sharing these on their Discord server. I even tried new account, paid fees... because I was many times unable to login from 1 account (which is already removed). Even then faced same problems... like trade slippage, lags, unable to trade etc.. many times...
Response from Elite Trader Funding
We understand your situation and want to clarify our position. Due to regulatory requirements and your country's inclusion on the OFAC list, we are unable to proceed with payouts or funding to our Live account. In adherence to these regulations, we've processed refunds for all your active accounts.
Furthermore, you were also flagged for breaching our terms of service with a second user account. We are unable to provide a refund for the account due to this TOS violation. This is against our policy that you agreed to prior to signing up.
We prioritize adherence to regulatory standards and fair treatment for all our traders. The list of prohibited countries and policies may change due to regulatory updates, OFAC restrictions, and changes from our partners. Please check back regularly for the latest information. We apologize for any inconvenience this may have caused and appreciate your understanding.
EDIT: 12/5/2024
We've noted the recent changes in your review. Accurate and honest feedback is crucial for us to address issues effectively. While we understand there are platform errors, it is beyond our control. But we remain dedicated to providing the highest quality support. The team made considerable efforts to assist you, including providing a prompt response and a courtesy reset. If there are specific issues or additional details you believe have not been addressed, we encourage you to provide them to our support team. Currently, we have not received any screenshots or logs detailing the experience you've encountered, and such information would be invaluable for us in assisting our users further. Our goal is to ensure that your concerns are heard and to improve our service continuously.
Thank you for taking the time to leave us your feedback.
They canceled my account. Once I became profitable. Don’t waste your time on prop firms if you can trade it’s a waste of time! After 3 months of paying the fee once I went live. I was flagged cause me and my husband trades. Make sure you read the 6000 pages of rules and terms. Be sure to have your lawyer look it over. So you can be sure not to miss the 1 of 10000 rules there are. Oh and be careful your honest review will get flagged and taken down. Ha beware is all imma say.
Response from Elite Trader Funding
Thank you for your feedback. We’re unable to identify your account based on this review. Account actions are taken in accordance with our Terms of Service, which are agreed to at sign-up. If you’d like clarification regarding your specific situation, please reach out to us at support@etf.fund so we can review it directly.
I cannot express the level of frustration and disappointment I've experienced with ETF. This has been an absolute nightmare, and I feel compelled to share my harrowing experience to warn others.
From the outset, their communication has been shockingly poor. I've been denied my hard-earned payout due to an alleged subscription cancellation for non-payment. Here's the kicker: I NEVER received any payment failure notifications from Stripe, as they claim. It's as if they are intentionally withholding information to cover up their own mistakes.
My ordeal began with the denial of my hard-earned payout, allegedly due to a subscription cancellation for non-payment. Here's the outrageous part – I NEVER received any payment failure notifications from Stripe, despite their insistence that they were sent. It's almost as if they're deliberately concealing information to mask their own shortcomings.
In my desperate attempt to resolve this, I explicitly asked ETF to contact Stripe on my behalf to investigate the supposed notifications. Shockingly, they flat-out refused, asserting there was no way they failed to send payment failure notifications. This not only showcases their lack of concern but raises serious questions about the integrity of their operations.
Adding to the absurdity, I discovered that I had been trading for over 15 days after the alleged account cancellation date. How is it possible that the account is supposedly canceled, yet I can still actively trade without any notice or indication of such a critical status change?
To put this into perspective, I worked tirelessly for over two months, dedicating my time and effort to generate a substantial profit of over $3500. To have all of that effort nullified by a company that seems more interested in deflecting responsibility than addressing legitimate customer issues is beyond disheartening.
The lack of transparency, accountability, and the dismissive responses from ETF are utterly deplorable. If you value your time, money, and peace of mind, steer clear of ETF. They've demonstrated a complete lack of integrity, and I deeply regret ever having any dealings with them. My warning to potential clients: beware of the very real possibility that you may fall victim to their dubious practices.
Response from Elite Trader Funding
Thank you for sharing your concerns. We're committed to providing a transparent and fair experience for all our users and regret any inconvenience you may have experienced.
Per our records, we want to clarify that multiple notifications from Stripe were sent to remind you of the pending subscription payment. As stated in the terms and conditions agreed upon during the signup process, failure to complete the payment on time can result in account closure. In addition, you were notified about gaming the payout system we have in place. We require our users to perform to standard for the team to consider moving them to our Live account. With poor trading data, the team was unable to adhere to your request. This policy is in place to ensure fairness and service integrity for all our members.
While we understand that this situation is frustrating, we assure you that the decision was made after a thorough and fair evaluation. If you had complied fully with our policies, our team would have been pleased to approve your request.
We take the management of user accounts and adherence to our policies seriously. We encourage all our users to regularly review their account status and ensure compliance with our terms. If you have any questions or believe there has been a misunderstanding, please contact us at support@elitetraderfunding.com. We're here to assist and address any concerns you may have.
FAKE ASS GREEN REVIEWS. YALL WAITED UNTIL IT WAS MY PAYOUT TO COME UP WITH BS AND DIDNT GIVE NO CHANCES TO RESOLVE ANYTHING NOT TO PAY ME. IF YOU ARE A GOOD TRADER DONT STOP HERE THEY DONT WANT GOOD TRADERS CAUSE THEY HAVE TO PAY THEM AND THATS NOT WHAT THEY WANT THEY WANT( RESETS, FAIL ACCOUNTS AND MONTHLY PAYMENTS TO FAKE PAY PEOPLE
Response from Elite Trader Funding
The team thoroughly reviewed your account over a few days, and your account was closed due to a violation of our terms of service. When comparing the information you provided and the logs of your trading activities, discrepancies were identified. We are here to support all our traders in becoming successful and partnering with them, so we expect honesty, especially when breaches of our policies occur. As a result, both your primary and secondary accounts were permanently closed.
We understand the gravity of this situation and do not take such decisions lightly. However, in maintaining our commitment to fairness for our customers, we had to uphold our policies strictly.
THEY MESS MY LIFE UP I PUT ALL MY TIME AND HARD WORK AND FAILED 2 ACCOUT. I GOT MY LIVE ACCOUNT AND GOT TO MY PAYOUT AND THEY CLOSE MY ACCOUNT SAYING I HAVE 2 ACCOUNTS AT THE SAME ADDRESS AND THAT WAS MY WIFE ACCOUNT AT HER OWN LOCATION. THEY CAME UP WITH WE USING SAME IP WHICH I TOLD THEM WE SEPERATED WE JUST HAD SAME AT&T ACCOUNTS SO THEY LOOKED FOR ANYTHING NOT TO PAID ME AND CLOSE BOTH ACCOUNTS WITHOUT CHOICE BECAUSE THEY REALLY DONT WANT TO PAY YOU
Response from Elite Trader Funding
The team thoroughly reviewed your account over a few days, and your account was closed due to a violation of our terms of service. When comparing the information you provided and the logs of your trading activities, discrepancies were identified. We are here to support all our traders in becoming successful and partnering with them, so we expect honesty, especially when breaches of our policies occur. As a result, both your primary and secondary accounts were permanently closed.
Moreover, we expect users to do their due diligence prior to purchasing. All our policies and terms of service are available on our site and easily accessible in our help center.
We understand the gravity of this situation and do not take such decisions lightly. However, in maintaining our commitment to fairness for our customers, we had to uphold our policies strictly.
Extremely disappointed with their lack of customer service. An error was made on my behalf on an eval account but the eval account target profit was hit, i started another eval but didn’t realize i was still trading the account that had already passed. I contacted support and was told there was nothing that can be done. I have experienced better customer service from others like APEX. ETF wants those resets
Response from Elite Trader Funding
Thank you for sharing your experience and feedback with us.
We understand errors can happen. However, the platform defines what account you're trading at any given time. While we strive to be as accommodating as possible, we also must adhere to our established guidelines to maintain fairness for all our customers.
Moreover, our approach includes providing a complimentary reset at the time of monthly subscription renewal. This feature encourages our customers to take a measured and thoughtful approach to their evaluations rather than rushing to qualify. We believe in fostering good habits and allowing ample time for our traders to develop their risk management and decision making.
We hope to provide you with a better experience if you decide to come back. Thank you for your feedback.
Shady business practices without full transparency. Transparency is key in any situation really, person to person or business to person, and this company has failed to disclose information to hook traders in, paying to trade demo. Not only will you pay a fee to take a trading test on a demo account, you will be slapped with fees damn near every month. The reset fee for a “funded” account, which is demo of course, is $1250. Dont do it folks. Better businesses out there, like Topstep. Far more reputable.
Response from Elite Trader Funding
Thank you for sharing your feedback.
We understand the concerns regarding fees. Our charges stem from our role as an evaluation service. In order to equip our users with the tools they need for success, we must offset some operational costs. We believe in offering flexibility to our users, which is why we introduced a one-time fee option for sim-funded accounts. It's also worth noting that our agreement explicitly mentions the provision of a one-time reset option for sim-funded accounts. Hence, users are never obliged to pay for a reset; they can always opt to undergo the evaluation process again if they prefer.
Our goal is to provide maximum flexibility, allowing our users to hone their risk management skills and become proficient in the futures market without being constrained by rigid rules.
We appreciate your feedback and will always strive to better our services based on user insights.
ETF does not work properly with TRADING VIEW. ETF claims traders can use tradovate brokerage via trading view. But, it doesn't work and customer support only replies use TRADOVATE not Trading View is only to analyze the charts. Tradovate has lots of issues as well, Stop loss moved to entry price and still shows huge losses. Trade continues even after hitting stop loss. ETF customer support has no answer to these issues blow up the accounts. After back and forth through multiple emails, it was obvious they weren't really reading the emails on my initial request.
Wont suggest anyone to use ETF and waste your money and time.
Response from Elite Trader Funding
Thank you for providing us with your valuable feedback. We understand your concerns and wish to provide some clarity regarding your experience.
Please note that as a firm, ETF does not have direct control over the platform functionality or data feed from Tradovate or the TradingView add-on. Any technical issues you encounter are not exclusive to ETF and would indeed be faced by any firm offering these services.
Despite these technical limitations, we strive to do our utmost in assisting our traders. Our procedure involves closely collaborating with the Tradovate development team to resolve any issues. We collect and provide relevant logs and information, which are instrumental in their investigations. For this process to be effective, we need help from our traders help in providing the necessary logs.
Please be assured that we are wholly committed to supporting our traders in any way we can. Thank you again for your feedback.
I open a position and the second I opened it my account went into liquidation. The worst $150 ever spent!
Response from Elite Trader Funding
We understand that you may have concerns about the evaluation process and the determination made regarding your account. Our team reviewed your account and noticed that you were liquidated due to taking sizable leverage on Natural Gas (10 Contracts) and the Nasdaq Mini (10 Contracts) around the same time.
As a trader, it is important to understand the risks associated with taking this type of leverage while trading. Traders are encouraged to practice proper risk management when entering trades. This is precisely why we have an evaluation process for our traders. We strive to ensure that all traders who are given access to our platform and qualify have the necessary skills and sound risk management to manage trades effectively.
A little while back I had an issue that ETF support said was impossible. I decided to leave this review when I got the below email months after being told exactly what was described was impossible. I was up nearly $18k in a qualified account and the issues ended up blowing it a day before I could take a payment. ETF blamed me, and my equipment. I run a I9-11900k 3090 GPU have gig internet and a Asus RT-AX88U router... You honestly can't get much better equipment. How I described my issue is I tried to take some trades they didn't seem to process. I clicked the exit all trades and cancel button then I pulled up my account at the end of the day and every button I pressed for an order processed just hours later.
Dear valued traders,
We understand that many of you may be experiencing issues with TradingView, including higher latency, order cancellations failing, and orders being rejected due to fetch failures. We want to assure you that we are aware of these issues and are working closely with our partners at Tradovate to identify and address the root cause of these problems.
We appreciate those of you who have already submitted trading logs through the ticketing system. Your logs have been incredibly helpful in our efforts to resolve these issues. For those who have not yet submitted logs, please do so through the ETF Support website if you experience any of the aforementioned issues. We will continue to keep you updated on the situation as we work towards a solution.
In the meantime, we recommend switching to Tradovate or NinjaTrader8 to resume trading. We understand that disruptions to your trading experience can be frustrating and we apologize for any inconvenience caused. Our commitment to you is to provide transparency during these situations and ensure that all traders have a seamless and successful trading experience with our platforms.
Help Center Article: How to generate a HAR file
Thank you for your patience and support.
Sincerely,
The ETF Team
*****Edit nearly 3 years after I leave the review**** Elite Trader Finding responds with
"Reply from Elite Trader Funding
40 minutes ago Thank you for your feedback. We’re unable to locate your account from this review. Please email ********** if you’d like clarification on your case.
ETF Team"
No need for clarification nearly 3 years later, I didn't get any answers 3 years ago and certainly won't now. Also I wouldn't have any of that information or logs from the incident saved this long. I was basically screwed out of $10k 3 years ago and I haven't been back. Since I quit ETF there have been many rule and account payout rule changes, I still get the emails.
Response from Elite Trader Funding
Thank you for your feedback. We’re unable to locate your account from this review. Please email support@etf.fund if you’d like clarification on your case.
Elite Trader Funding Scam !! Scammed more than $7K of my affiliate commission. Not paying me. The reason is that I violated the promotion method because I promoted the ETF in the form of Paid Ads. Meanwhile, their affiliate marketing terms do not say to restrict or prohibit the marketing of ETFs in the form of Paid Ads. Ridiculous?
Response from Elite Trader Funding
Thank you for your review. Your affiliate payout was not approved because the traffic source used did not comply with our affiliate terms. Paid advertising methods that directly compete with ETF’s own marketing efforts are not permitted. These restrictions are outlined to protect the integrity of our affiliate program.
BIG BIG SCAM. Read the fine print. 4 months for you to have a withdrawal over $2000. Terrible.
Response from Elite Trader Funding
This is not fine print and is clearly laid out on our payouts page. [ https://elitetraderfunding.com/payouts ] Like most companies we use this time to fully evaluate our traders.
BIG SCAM!! They are using the money of failed combines as the only way to make their money!! They say it takes 4 months until you can get a payout larger than $2k which is crazzzzy! They dont want real traders, they wanna scame dreamers!! WORST ONE!! THEY SHOULD PROBABLY BE SUED! LOL SERIOUSLY
… MAYBE you did payout $1M - I don’t really know, you can say anything on here. But when it takes 4 months for people to take out profits and can only take out a total of $2k, that is scammish (not a word obviously but you get it) … Your trying to make money so I get it, but don’t act like your the “saint company” focused on working with pro traders - u want the newbie traders , and you bank on them failing more than succeeding - so let’s be honest. When you force people to wait 4 months until they can take a profit, thats a weird way of helping. Salute!
Response from Elite Trader Funding
We fail to see how this makes our company a scam. Our traders earn real money whether they are in a simulated environment or moved to a live one. We have paid out over $1,000,000 to traders and think they would disagree with your review. Check out our discord. Proof is in the pudding: https://discord.gg/trade-etf
Reviews like this are usually from traders that lack the ability to qualify.
I contacted support about a platform issue. They told me that it's my fault and that I should expect platform issues(I shouldn't expect the platform to work? lol. Then why is this platform even used for evaluations). After back and forth through multiple emails, it was obvious they weren't really reading the emails on my initial request. Then when I told them it was unprofessional to not respond to a previous email and give further information and I'd like either a refund or fix the issue. I was only told "I'm unclear on how it is unprofessional on my part" "Was there something to be gained on my part?". Once again only responding to the part of my email where I called them unprofessional and not responding to the main point, which is I wanted the account fixed or a refund.
Response from Elite Trader Funding
Sorry you found the support unsatisfactory. We have no control over platforms and a trader's connection to them. Thousands of our traders use these platforms without issue on a daily basis.
While I am not disregarding you had an issue it is not ETF's responsibility for platform and data issues which is agreed upon by the trader when signing up for an evaluation.
We will always do our best to help, but some situations are out of our control.
The platform initially had data and connection problems during setup and then after a day when I tried to place a market order, the system glitched and I ended up losing the account instead of passing the eval. Tried to explain this to customer support with screenshots of all the evidence to prove this, but when a company is unwilling to even consider the situation, it is a clear sign of this being a company set up to make money by taking advantage of the fact that most traders will fail the eval or funded accounts vs by actually supporting traders and make money from trader profits. Please save your money and stay away from this firm!!
Update: This update is for clarification since the firm has provided a misleading response. I've provided multiple screenshots as evidence to show that the market orders were not placed to due to backend/system setup issues, but the firm is trying to put the blame on the trader. This firm does not place your trades in the live market (for funded accounts) and hence their goals are not aligned with the trader's goals i.e. They make money when a traders blows up their account. So there is conflict of interest.
Response from Elite Trader Funding
Hi Ash, Our customer service team did a thorough review of your trading activity. During times of extreme market volatility we always recommend trading light or not at all. FOMC is one of the most volatile and risky times to trade which we informed our traders of in Discord and Twitter several times. We saw you traded 14 NQ contracts during this time and also placed market orders. Price moves so fast during these events that price is not guaranteed when placing market orders. Furthermore with 14 contracts that is +- $280 per dollar move in NQ. NQ can move 100 dollars in a matter of a minute during FOMC. Risk management was the issue here. Not our service. We wish the best in all your future endeavors.
Honestly, I've never seen anything worse. Just had a chat with their support and asked what happens if you break a rule when in profit in a funded account. And their answer - you forfeit all the profit!
Imagine spending thousands of $$$s with them on subscriptions and resets, just to get funded. You finally get your funded account, you now have to pay them more money!! $80 a month.
But that's ok, you can just withdraw your profits right? NO! They make you trade 20 days between withdrawals, then you can take out SOME of your profit.
And as if that's not bad enough. Imagine you mess up and press the buy button one too many times, or you have accidentally put on an extra micro contract, or you leave a trade on one second past closing. Instead of just closing your positions, they take ALL OF YOUR PROFITS!
This is the lowliest, scummiest thing I have ever heard of. You could be $200000 up, waiting for that day when you get to take your money out, and BANG it's all gone because you made a mistake.
Their evaluations suck anyway, unless you pay extra and get the EOD drawdown. Because with the usual drawdown, it goes up when your unrealised profit goes up. Not a great way to trade, and not a good company.
Very shady practice of stealing all of your hard earned profits. I wouldn't touch them with a barge pole.
EDIT: Thanks for the reply, but my review is not false. It is based on what you told me via email, and is all 100% true. So please, at least be honest with people.
You firms are all the same, profiting from bad trader's misery. All you care about is making money via subscriptions and reset fees.
Response from Elite Trader Funding
Hi Vm,
First, we have no records of you ever having an evaluation with us, let alone making $200K in a day.
We're sorry you don't like our rules, but our payout structure is very clear and is there for a reason. We want consistent traders who know how to manage risk. Making $200,000 in a short amount of time shows lack of risk management.
As far as breaking a rule, we review each rule breach on a per trader basis. Did you simply make a mistake and instantly correct it? If you go over by one contract and correct yourself that is one thing, but if you intentionally manipulate the system and rules that's another. Also, we have limits set to prevent going over the contract limits in the trading platform and do not fail you if you inadvertently try to go over the position limits. Holding past close forces different margin requirements so that is why all trades must be closed before the close of the market.
We have the most evaluation options of any other firm. Our pricing on these evaluations is more than fair and we have sales often. If you can't find an option that fits your trading style or our rules that are set in place for a reason, then you may want to trade your own personal account according to your strategy and risk management profile, or lack thereof.
As you can see by our other reviews, we treat our traders very well and they are our top priority. Posting a blatantly false experience shows a true lack of understanding of how our evaluations function.