Banned after making 600k profit w no reason
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!
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.
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.