Compare Prop Funds Score
100% on first $12,500!
90% / 10% thereafter
Our editorial team’s content is not provided or commissioned by any institution or partner. The opinions, reviews or recommendations expressed in any article mention are solely those of our editorial team. Our process for selecting the best credit cards involves thorough research, comparison, and assessment based on specific criteria, with a focus on meeting the diverse needs of our audience. We aim to provide a variety of prop firm options, irrespective of our partnerships.
Our Expert Review
lite Trader Funding offers various evaluation programs to suit traders of different skill levels and preferences. They provide several evaluation types, including 1 Step Evaluations, Fast Track Evaluations, and End of Day Drawdown Evaluations. Account sizes range from $50,000 to $300,000, with different profit targets and drawdown limits depending on the account type. For instance, the 1 Step evaluation has a max drawdown of $2,000 with a profit target of $3,000 on a $50,000 account, while the Fast Track evaluations, which are designed for quicker traders, offer up to $250,000 with drawdown limits up to $6,500 and profit targets of $15,000
/5.0
The rules vary by evaluation type, but some common elements include a minimum of five trading days before qualifying and no overnight holding of positions. Each account has a maximum number of positions, which must be adhered to—exceeding this limit results in failure of the evaluation or funded account. For example, the 100K static evaluation allows up to 14 mini-contracts (or 140 micros), with a daily loss limit and no scaling allowed. Evaluations also come with a minimum balance rule, and traders must maintain their account above this threshold, especially once their evaluation is completed.
When traders qualify for a funded account, they are transitioned to an Elite Sim-Funded Account, where they can trade with real capital. The payout structure includes a 90/10 profit split, with payouts processed quickly, typically within a few days of meeting the requirements. Elite Trader Funding also provides free access to tools like NinjaTrader, as well as real-time market data, which supports traders in meeting their goals. Traders can enjoy flexible trading styles, including the ability to trade news and adjust positions without scaling rules, offering a high degree of freedom once the evaluation is passed.
Pros & Cons
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institution located on the purchase page.
Our editorial team’s content is not provided or commissioned by any institution or partner. The opinions, reviews or recommendations expressed in any article mention are
solely those of our editorial team. Our process for selecting the best prop firms involves thorough research, comparison, and assessment based on specific criteria, with a focus on
meeting the diverse needs of our audience. We aim to provide a variety of prop firm options, irrespective of our partnerships.