You can have a maximum of 300k funding from Elites Funding. You can reach this funding limit with a single program or a combination of Express and Evaluation programs.

No. You’re permitted to hold your trade overnight and over the weekend for the Standard Evaluation program.

With Elites Funding, you’ll get up to a 90% profit split.

You’ll get an 80% profit share initially. With scale-up, you’ll be eligible for a 90% profit share.

This guideline, sometimes referred to as the “trader’s daily stop-loss,” is a fundamental aspect of our trading protocol. As per our regulations, this stop-loss is set at 5% of the initial account balance.

It dictates that at any given time during the day, the aggregate result of all closed trades along with the current unrealized profits or losses on open positions must not exceed the predetermined daily loss limit. This is computed using the following formula:

Current daily loss = Total outcome of completed trades for the day + Outcome of open positions.

For example, suppose the initial account balance is $100,000, and the maximum daily loss is capped at $5,000. If you incur losses of $4,000 from closed trades, your account should not decrease by more than $1,000 on that day. Additionally, the total of your open floating losses should not exceed -$1,000. It’s important to note that this limit incorporates commissions and swaps.

Conversely, if you earn $2,500 in profits in a single day, you can withstand losses of up to $7,500, but no more. It’s crucial to remember that your Maximum Daily Loss encompasses your open trades as well. For instance, if you realize losses of $3,000 from closed trades in a day and subsequently open a new trade resulting in a floating loss of -$2,850 before eventually turning positive, you’ve already breached the daily loss limit, as your equity momentarily stood at -$5,850, exceeding the permitted loss of $5,000.

Beware that the Maximum Daily Loss resets at midnight. For instance, if you earn a profit of $2,000 in one day and simultaneously hold an open position with a floating loss of $6,500, you’re within the daily loss limit for that day, with a current daily loss of $4,500 ($2,000 profit from closed trades – $6,500 from open position). However, if you retain this position with an open loss of $6,500 after midnight, you’ll breach the daily loss limit, as profits from the previous day do not carry over, and the $6,500 open loss exceeds the $5,000 maximum daily permitted loss.

This principle, also known as the “account stop-loss,” mandates that the equity of the trading account should never drop below 90% of the initial account balance throughout the account’s duration. For instance, in the case of a Challenge with a starting balance of $100,000, this implies that the lowest possible equity of the account can be $90,000. Once again, this encompasses both closed and open positions (account equity, not balance), and the calculation logic mirrors that of the Maximum Daily Loss, albeit spanning the entire testing period rather than just a single day. This threshold includes commissions and swaps.

Allocating 10% of the initial account balance provides traders with ample room to demonstrate the suitability of their account for investment. It serves as a safety net, ensuring that traders remain active even in the face of initial losses. Importantly, this assurance extends to investors, who can trust that the trader’s account will never dip below 90% of its value under any circumstances.

If a trader violates the daily drawdown rule, his account will be suspended.

Yes, You have to reach a 9% profit target in evaluation Phase 1 with NO TIME LIMIT.

No, the whole purpose of the Standard Evaluation model is to see that the trader is constantly profitable while holding a good risk management ratio. 

No matter how much profit is made in Phase 1, the trader still has to pass Phase 2 of the Standard Evaluation before obtaining a funded account.

For Phase 1 there is NO TIME LIMIT. You can complete this phase as soon as you can by following the rules and reaching the 9% profit target.

Please keep in mind that if your account is inactive (with no new trades) for more than 60 days, we will close the trading account without the possibility to reopen it.

Yes, you have to reach a 5% profit target in evaluation Phase 2 with NO TIME LIMIT.

There is NO TIME LIMIT to complete evaluation Phase 2.

Please keep in mind that if your account is inactive (with no new trades) for more than 60 days, we will close the trading account without the possibility to reopen it.

There is no restricted time limit to wait. If you hit the profit target by complying with all the rules, after you pass the Phase 2 all you need to do is pass the KYC and sign the trading agreement contract.

As soon as our team checks your details, you will receive the funded account. 

The fee which you pay to take part in a challenge is refundable only if you reach Phase 3, the Funded account.

Once you reach Phase 3, you must also complete the minimum 10 trading days for this phase, until you can make your first payout request.

Your fee will be refunded together with your first payout.

No. Once you have completed Phases 1 and 2, you will become one of our Elite crown traders.

At this point, there is no profit target at all. You’ll get a chance to trade freely and make as much profit as you want.

No, there is a minimum of 5 trading days, so you must trade for at least 5 days before passing the phase.

After receiving your funded account you will get a profit share of 80%. What’s even more exciting, with the first scale-up, you’ll be eligible for a 90% profit share.

Yes, you would have to follow this rule.

Yes, you would have to follow this rule.

Before receiving a funded account in any of our models, you need to provide us with the following documents so that we can verify your identity:

1. Photo of your National ID/ Passport/ Driving License.
2. Photo of your recent Utility Bill/ Phone Bill/ Tax Documents/Bank Statement.

You can send these at [email protected]

If your funded account has been suspended in profit, you will be eligible for 50% of the profits you made if your trades comply with the following two criteria:

1. All of your funded account trades must have SL.
2. You must not lose more than 1% of your account size on any individual trade.

You must meet both of the criteria mentioned above. Then you will have seven days after the violation to request the 50% profit disbursement from the suspended funded account.

DBDD stands for Daily Balance Drawdown Detected!

This means that you violated the rule that does not allow you to lose more than 5% of the account balance available at the begining of the trading day. 

Please keep in mind that this rule applies for equity as well, meaning that if your open trades will reach -5% of the account balance available at the beginning of the trading day, your opened trades and your account will be closed.

You can always check how much you are allowed to lose in a single day from your member area. Under the chart, there is a value “Today permited Loss”

OBDD stands for Overall Balance Drawdown Detected!

This means that your balance has reached -10% of the initial deposit and your account has been closed for violating this rule. This rule also applies for your equity. So if your equity has reached -10% of the initial balance, your open trades will be closed and your account will be suspended for violation.