The Elite Challenge has one evaluation phase. The moment you pass, your funded account is created, with no waiting and no activation fee. Once funded there is no consistency rule and no buffer, and no profit goal beyond the profit you need for a $500 request.
Evaluation
Rule | 25K | 50K | 100K | 150K |
Profit target | $1,250 | $3,000 | $6,000 | $9,000 |
Max Loss Limit (EOD trailing) | $1,000 | $2,000 | $3,000 | $4,500 |
Daily loss limit (checkout) | None or $600 | None or $1,200 | None or $1,800 | None or $2,700 |
Consistency (checkout) | 40% or 50% | 40% or 50% | 40% or 50% | 40% or 50% |
Minimum trading days | 3 at 40%, 2 at 50% | 3 at 40%, 2 at 50% | 3 at 40%, 2 at 50% | 3 at 40%, 2 at 50% |
Contracts (mini or micro) | 2 | 4 | 8 | 12 |
Time limit | None | None | None | None |
Funded and payouts
Rule | 25K | 50K | 100K | 150K |
Daily loss limit | As chosen at checkout | As chosen at checkout | As chosen at checkout | As chosen at checkout |
Profitable days per payout | 6 | 6 | 6 | 6 |
Minimum profit per qualifying day | $100 | $150 | $250 | $350 |
Maximum request | 50% of profit | 50% of profit | 50% of profit | 50% of profit |
Minimum request | $500 | $500 | $500 | $500 |
Payout cap, 1st payout | $1,000 | $2,000 | $2,500 | $3,000 |
Payout cap, later payouts | $1,000 | $2,000 | $2,900 | $3,900 |
Profit split | 90% | 90% | 90% | 90% |
Your 4th consecutive successful payout on a funded Elite account is the usual path to a live account at FuturesElite Live. The Risk Team makes the final decision.