Both Phase 1 “Evaluation” and Phase 2 “Verification” have a trading objective of minimum 3 trading days. A day is counted as a trading day if you have a trading position open at that day.For example, if you open a trade on Monday and close it on Thursday, we count this as 4 trading days.

The Maximum Daily Loss is the amount you are allowed to lose on everyday. This rule is set as a % from the starting equity balance of everyday. The rule states that the equity of the day, which is the result of the currently floating PnL (Profit and Loss) in sum with all closed positions of that day must not hit the Maximum Daily Loss Limit.The Maximum Daily Loss resets daily at midnight 00:00 in the CE(S)T time zone. Also, you will see a countdown timer next to the Maximum Daily loss in your dashboard, so you don’t have to calculate it to your own local timezone.ExampleYou have a funded account. On the start of day 5, your account balance is $110.000 and your starting equity balance is $112.000. The Daily Loss Limit is 6% from the starting equity, this means that your equity on day 5 can’t go lower than: Maximum Daily loss = $112.000 starting equity balance * 6% Daily Loss Limit = $6.720. $112.000 starting equity balance on day 5 – $6.720 Daily Loss Limit= $105.280 If your equity goes below $105.280 on any certain moment of time on day 5 your account will be failed.

The Maximum Daily Loss is the amount you are allowed to lose every day. For the purpose of this rule, the higher value between equity and balance will be used. This rule is set as a % of the starting equity or balance of every day. The rule states that the equity of the day, which is the result of the currently floating PnL (Profit and Loss) in sum with all closed positions of that day must not hit the Maximum Daily Loss Limit.You have a funded account. At the start of day 5, your account balance is $105.000 and your equity is $107.000. The Daily Loss Limit is 5% from the starting equity for this example, this means that your equity on day 5 can’t go lower than: Maximum Daily loss = $107.000 starting equity balance * 5% Daily Loss Limit = $5.350 Daily Loss Limit. $107.000 starting equity balance on day 5 – $5.350 Daily Loss Limit= $101.650 If your equity goes below $101.650 at any certain moment of time on day 5 your account will be closed. If your equity goes below $101.650 at any certain moment of time on day 5 your account will be closed.

At Elite Funding Prop, we offer our traders a variety of strategies and tools, including the option of copytrading. However, to ensure a balanced and risk-managed trading environment, we have established specific rules for the use of copytrading on funded challenge accounts.

Use of Copytrading (External and Internal): Traders are allowed to use both external copytrading platforms and our internal proprietary copytrading systems. However, it is essential to recognize that relying heavily on copytrading, whether external or internal, centralizes risk.

Profit Split Adjustment for Copytrading: To mitigate this risk and maintain the sustainability of our trading ecosystem, the profit split percentage will be adjusted for traders who use copytrading on their funded challenge accounts. Specifically, if a trader utilizes copytrading, their profit share will be revised from the standard 80% to 20% of the profits generated through these strategies.

This adjustment reflects the increased risk and resource allocation associated with copytrading. Managing these risks effectively is crucial for the security of all our traders and the firm's capital.

We encourage our traders to diversify their strategies beyond solely relying on copytrading. This not only aligns with our risk management policies but also promotes a healthier and more dynamic trading environment.

We do not have profit targets on the master account. You can request your profits on a weekly basis directly from the beginning.

Age and Location: Participants must be at least 18 years old and legally allowed to engage in trading activities in their jurisdiction.
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Experience: Traders of all levels are encouraged to apply. We provide resources to assist both novice and experienced traders.
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Verification: A thorough verification process is essential for secure and compliant participation.

Initial Purchase: Clients make an initial purchase, granting access to a virtual trading account with a balance ten times the purchase amount.
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Payment Instructions: Detailed guidance for the purchase process is provided on our platform.
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Fee Transparency: All associated fees and charges are transparently outlined.

Trading Styles: Clients have the freedom to choose their trading strategies without restrictions.
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Expert Advisors (EAs): The use of EAs is permitted, excluding high frequency or latency EAs.
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Risk Management: A maximum drawdown limit of 8% is enforced, calculated from the initial account balance.

Margin Use: Our traders may be provided with a leverage varying from 1:30 up to 1:100 depending on their trading style and margin use. However, using all the available margin on a single trading idea is considered high risk and akin to gambling. This approach may result in account freezing or ban.
This involves opening a single full-margin trade or multiple smaller positions within the same price range, using all available margin. We value longevity and sustainability over gambling or an all-in approach.

Performance Fees: The basic performance fee is 50%, incrementally increasing with each account scaling.
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Withdrawal Conditions: Clients can request virtual fund withdrawals after achieving a 1% profit.
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Scaling Opportunities: Accounts can be virtually scaled up upon reaching specific profit milestones.

Scaling Eligibility: In order to be eligible for account scaling, the trader's account must have a 10% closed balance profit and no open trades. This refers to the combined profits of both us and the trader.

Scaling Process: Our risk management team will analyze the trading account's activity and process or deny the scaling request within 48 working hours after it is requested through our mailing system.

Performance fee Scaling: The trader's performance fee on their trading account will increase by 5% every time their account is successfully scaled. This process will begin with Instant Funded Accounts of $50,000 and will continue up to our top tier account of $1.6 million.
Once the trader reaches the maximum profit split of 75%, they can increase it up to 90% by applying for a Performance Fee scaling review every time their closed balance profit reaches 10%

Tool Selection: Clients are free to use external signal providers or copytrading services.
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Copytrading Platform: Our in-house platform offers opportunities to replicate strategies from other virtual traders.

Becoming a Strategy Provider: Clients can apply to become strategy providers, sharing their successful trading approaches.

At Elite Funding, we are always on the lookout for talented strategy providers who can contribute to our success and growth. If you are interested in becoming a strategy provider with us, please ensure you meet the following criteria:

Proven Track Record: Demonstrate a history of good and sustainable trading performance. This can be through your own trading results or by being referred by one of our current internal strategy providers. We value consistency and skill in trading, and your track record should reflect these qualities.

Long-Term Vision: We seek individuals with a sustainable and long-term oriented approach to trading. Your strategy should not only be profitable but also resilient to market changes and scalable over time.

Discretionary Acceptance: Please note that meeting the above criteria does not guarantee acceptance. At Elite Funding, we reserve the right to make the final decision on whether to onboard a new strategy provider. Our team will conduct a thorough review of your trading history, strategy, and potential fit with our firm's objectives.

If you believe you meet these criteria and are eager to contribute to a dynamic trading environment, we encourage you to apply to become a strategy provider with Elite Funding. We look forward to exploring the potential of a successful partnership. Strategy providers earn from the virtual profits of traders who copy their strategies.

VPN and Security Policies: Accounts using VPNs that pose a security risk may be closed to protect the trading environment.
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Platform Manipulation: Any attempts to manipulate the MT5 platform will result in account closure.

Hedging Rules: Hedging is allowed within the same virtual account but not across multiple accounts.
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Arbitrage Trading: Mathematical arbitrage is permissible, provided it does not exploit platform features.

Prohibited Trading Strategie:‍
In order to maintain the integrity and reliability of our trading platform, we strictly prohibit any form of High-Frequency Trading (HFT) and platform exploitation strategies, including but not limited to pip hunting. These practices can create significant challenges in trade replication and can adversely affect both the trader and the firm.

High-Frequency Trading (HFT)
Clients are not permitted to engage in strategies that involve an excessively high volume of trades in extremely short intervals. Our systems are not designed to support the ultra-fast execution speeds required for high-frequency strategies, and such activities may lead to technical difficulties including latency issues or inaccurate trade replication.
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Pip Hunting:
We define pip hunting as strategies that attempt to profit from small price gaps and quick, minimal movements that may exploit latency discrepancies between different platforms or feeds. Such strategies compromise the fairness and stability of the trading environment and are strictly forbidden.
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Platform Exploitation:
Any strategies that aim to exploit technical features or perceived weaknesses of the trading platform are strictly prohibited. This includes actions designed to manipulate trading systems or execution mechanisms to the trader's undue advantage.
Prohibition of Hard Trailing Stop Strategies and High-Frequency Limit/Stop Orders: Strategies involving hard trailing stops and frequent use of limit or stop orders are prohibited. These tactics are typically employed to deceive brokers and liquidity providers, creating unfair advantages and potential market disruptions.
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Discretionary Definition of High-Frequency Trading:
The classification of certain trading activities as high-frequency trading may vary based on the discretion of the company’s dealers. This flexibility ensures our policies remain adaptive to evolving market conditions and trading behaviors.
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Detection of Concealed Trading Activities:
Thanks to our advanced algorithms, we are capable of detecting attempts to conceal any prohibited trading activities. This technology ensures that all trading actions are transparent and in compliance with our trading standards.
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Consequences of Rule Violation
Violation of these rules may result in immediate disqualification from our funding program, account suspension, or termination, depending on the severity of the infraction. We reserve the right to take any necessary actions to protect the interests of all our clients and the operational capabilities of our platform.

By participating in our Instant Funded Model Account, clients agree to adhere to these trading practices and acknowledge the potential repercussions of non-compliance.

Market Data Access: Clients access live market data feeds in the virtual environment.
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Position Management: Holding virtual positions over the weekend is permitted.
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News Trading: Allowed, provided it doesn't exploit system vulnerabilities.

Understanding Risks: Clients are informed about the risks associated with virtual trading and the simulation of real-market conditions.

Monitoring and Investigation: Suspicious activities may lead to account warnings, freezing, or investigations.
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Profit Adjustments: In cases of exploitation, virtual profits may be reset.

Drawdown Calculation: The maximum drawdown considers both the master and client's account drawdowns.
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Withdrawal Protocol: Withdrawals require all virtual trades to be closed.
Inactivity Policy
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Account Closure for Inactivity: Accounts inactive for more than 30 days with no open positions will be closed.


‍At Elite Funding Prop, we aim to provide a diverse and risk-managed trading environment. Accordingly, we have established guidelines for traders using copytrading strategies in their instant funded accounts.

Use of Copytrading (External and Internal): Traders are permitted to use both external copytrading platforms and our internal proprietary copytrading systems in their instant funded accounts. However, it's important to understand the implications of relying on these strategies.

Impact on Refundable Fee Condition: Impact on Refundable Fee Condition: If a trader engages in any form of copytrading, whether external or internal, on their instant funded account, and this includes whether they conduct manual trades alongside or not, the 'Refundable Fee' condition applicable at the third account scaling's payout will be removed. This policy adjustment is crucial as profits primarily generated through copytrading, irrespective of the source, represent a centralized risk strategy.

Removing the 'Refundable Fee' benefit under these circumstances is aligned with our firm's commitment to diversified risk management. Profits predominantly derived from copytrading change the risk dynamics of our operations.

We strongly encourage our traders to adopt a varied approach in their trading activities. A diversified trading strategy not only supports our risk management framework but also bolsters the trader's ability to navigate different market scenarios effectively.

We value your understanding of these terms and your dedication to maintaining a responsible and varied approach in your trading within your instant funded account.

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