ElitesFunding provides prop trading challenges with no time limits, allowing traders to complete evaluations at their own pace while following strict trading rules. All challenges run on TradeLocker demo environment with GMT server time (daylight saving adjusted).
Core Challenge Structure (Official)
No time limits means traders qualify by meeting objectives without deadline pressure:
- Select challenge account size upon purchase
- Achieve defined profit target while respecting drawdown limits
- Account scales for consistent performers (firm discretion)
- Losses covered by firm during evaluation
1:100 leverage applies across all offered account balances.
Official Drawdown Rules
From ElitesFunding guidelines:
- Maximum daily drawdown: Specific limit per day
- Overall loss limit: Total drawdown ceiling
- Trader solely responsible for risk management
Free Retake feature (evaluation phases only):
- One free restart per purchase
- Available if loss <60% of maximum permitted
- Button in Member Area; Phase 2 retake restarts Phase 1
Prohibited Trading Practices (Direct from Site)
ElitesFunding strictly prohibits:
- Expert Advisors (EAs), robots, auto trading bots
- Trade copiers
- High-frequency trading (manual or automated)
- Tick scalping
- Grid trading, martingale strategies
- Arbitrage (reverse, hedge, latency)
- Account sharing/password sharing
- Emulators, one-sided betting
- Exploiting demo limitations
News trading: Allowed if respecting prohibited practices.
Mobile trading: Permitted.
Indicators: Allowed (manual only).
Full prohibited list in official documentation.
Permitted Trading Parameters
ElitesFunding rules require:
- TradeLocker demo environment only
- Password synced with Member Area (no sharing)
- Genuine trading activity (proof required for VPS/location changes)
- Consistency and responsible risk management
Platform access: Password emailed upon account creation; changes sync automatically.
Account Management Rules
Policies:
• No client funds held (simulated demo trading only)
• No services to OFAC/FATF sanctioned countries
• No free trial accounts currently
• Certificates awarded for achievements (Member Area)
• Support contact for other questions
Headquarters: Gibraltar. Not regulated as broker (simulated trading only).
Challenge Lifecycle (Verified Flow)
- Purchase challenge → Account created → Credentials emailed
- Trade per rules → Meet objectives → Pass evaluation
- Free retake available (conditions apply) → Continue if needed
- Scaled accounts for consistent strategy + risk management
Member Area features: Free retake button, certificates, account status.
Trading Environment Details
- Server: GMT (DST adjusted)
- Platform: TradeLocker demo
- Leverage: 1:100 all accounts
- Instruments: Standard forex prop firm suite (site unspecified)
Compliance Requirements
ElitesFunding rules emphasize:
• Manual trading only (no EAs/bots)
• Responsible risk management
• Platform rule adherence
• No prohibited strategies
Prohibited (full list site-published):
• All automated systems
• Arbitrage exploitation
• Account sharing
• HFT/tick scalping
Support & Documentation
- Contact support for unlisted questions
- Complete rules before purchase
- Prohibited strategies documentation available
- Live support for clarifications
FAQ (Direct from ElitesFunding FAQ)
Q: Are EAs/robots allowed?
A: No. Purpose is to evaluate trader skills manually.
Q: News trading?
A: Yes, if no prohibited practices violated.
Q: Account sharing?
A: Strictly prohibited – breach of terms.
Q: Free retake details?
A: One per purchase, evaluation phases only, <60% loss.
Q: Leverage?
A: 1:100 across all accounts.
Q: Time limits?
A: None – trade at your pace.
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