Shady, can't be trusted to keep their word.
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.
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.
ETF Team
ETF Team