The 23% rule is the worst feature of…
The 23% rule is the worst feature of this prop firm. No one else does that. If you have an extremely good day (say, netting $10k profit), you account is essentially dead because you will have to trade another 9 days and produce at least 23% of that amount (i.e., $2,300) on every one of those 9 days.
Response from Elite Trader Funding
Thank you for sharing your thoughts. We understand the 23% rule can feel restrictive after a strong day, but it’s designed to encourage consistency and prevent one-off spikes from overshadowing overall performance. We truly appreciate your feedback and are always open to improving the experience.
ETF Team
ETF Team