DON'T Purchase anything from this…
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
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.
Thank you
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.
Thank you