Head-to-Head Comparison

The Funded Trader vs Elite Trader Funding

An honest, data-driven comparison to help you pick the right prop firm. We compare drawdown rules, challenge costs, profit splits, trading conditions, and more — no bias, just facts.

The Funded Trader

4.2

Well-known prop firm offering multiple challenge types with flexible rules. Popular for competitive pricing and a range of account sizes up to $400K.

Visit The Funded Trader

Elite Trader Funding

4.3

Established futures prop firm with a flexible evaluation system and over $7M paid to traders. Offers straightforward rules and competitive profit splits.

Visit Elite Trader Funding

Side-by-Side Comparison: The Funded Trader vs Elite Trader Funding

Metric

The Funded Trader

Elite Trader Funding

Max Drawdown

10%

4.5%

Daily Drawdown

None

Profit Target

10%

Profit Split

80/20 → 90/10

Challenge Cost

$65 - $1,899

$45 - $350

Trading Period

35 days (Phase 1), 60 days (Phase 2)

Unlimited

Min Trading Days

Leverage

1:100

Full contract leverage

Instruments

Forex, Indices, Commodities, Crypto, Metals

Futures (CME, CBOT, NYMEX, COMEX)

Account Sizes

$5K, $10K, $25K, $50K, $100K, $200K, $400K

$10K, $25K, $50K, $100K, $150K, $250K

Scaling

Account scaling with consistent profitable months

Multiple funded accounts allowed simultaneously

News Trading

Allowed

Weekend Holding

Allowed

Not Allowed

EA / Bots

Allowed

Rating

4.2/5

4.3/5

The Verdict: The Funded Trader vs Elite Trader Funding

The best choice depends on your trading style, risk tolerance, and goals. Here's our breakdown by trader profile:

Best for Beginners

The Funded Trader

The Funded Trader offers more forgiving drawdown rules, making it easier for newer traders to get started.

Best for Aggressive Traders

The Funded Trader

The Funded Trader provides 10% max drawdown allowance, giving aggressive trading styles more breathing room.

Best for Long-term Scaling

Elite Trader Funding

Elite Trader Funding offers better scaling potential: Multiple funded accounts allowed simultaneously.

Best for Overall Value

Elite Trader Funding

Elite Trader Funding earns 4.3/5 in our analysis, with a strong balance of rules, cost, and trader experience.

The Funded Trader Pros & Cons

Wide range of account sizes up to $400K

Multiple challenge formats available

Competitive entry fees

News and weekend trading allowed

EAs permitted on all accounts

20% consistency rule applies

Time-limited evaluation phases

Mixed community reviews on payouts

Customer support can be inconsistent

Profit split starts at 80/20 only

Elite Trader Funding Pros & Cons

Over $7M paid to traders

No daily drawdown limit

Low evaluation fees

One-step evaluation process

Multiple funded accounts allowed

Futures only (no forex)

Trailing drawdown can be complex

Monthly subscription after passing

No weekend holding

Payout caps on initial withdrawals

Frequently Asked Questions

Which is better, The Funded Trader or Elite Trader Funding?

It depends on your trading style. The Funded Trader offers 10% max drawdown and a 80/20 → 90/10 profit split, while Elite Trader Funding offers 4.5% max drawdown and a 80/20 → 90/10 split. Elite Trader Funding has a higher overall rating at 4.3/5.

What is the cheapest option between The Funded Trader and Elite Trader Funding?

The Funded Trader challenges start at $65 - $1,899, while Elite Trader Funding starts at $45 - $350. Compare account sizes and what's included before choosing based on price alone.

Can I use EAs or trading bots with The Funded Trader and Elite Trader Funding?

The Funded Trader allows EAs/bots. Elite Trader Funding allows them. Always verify the latest rules on each firm's website.

What are the drawdown rules for The Funded Trader vs Elite Trader Funding?

The Funded Trader has a 10% max drawdown and 5% daily drawdown. Elite Trader Funding has a 4.5% max drawdown and no daily drawdown limit. Use our free Drawdown Calculator to find your safe lot size for either firm.

How long do I have to pass the The Funded Trader vs Elite Trader Funding challenge?

The Funded Trader gives you 35 days (Phase 1), 60 days (Phase 2). Elite Trader Funding gives you Unlimited. Both require a minimum of 5 and 5 trading days respectively.

Which firm has a better profit split, The Funded Trader or Elite Trader Funding?

The Funded Trader offers a 80/20 → 90/10 profit split, while Elite Trader Funding offers 80/20 → 90/10. Higher profit splits mean more of your trading profits go to you.