These guys are hilarious
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.
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.
ETF Team
ETF Team