Worst sim to live trader program of any prop
Going to live on this firm is an punishment, unlike all other firms that reward you for making it to the stage to make them money too. This firm takes ALL your profit away from sim funded, so I made a bit above $25,000 over 9 trading days spread out between 5 accounts. On the day I was supposed to request my first payout, $6,250, they move me to live, which means no payout, and losing all the accounts to completely reset, which effectively saved themselves $4,250 (since $2,000 is put into the live account.) With live comes a worse profit split, smaller allowed position sizes, and most importantly, the loss of ALL of my earned profits (not even 1 account's profit is brought over.) I paid for the 5 evals, the 5 lifetime activation fees, then failed the sim-funded (that's on me), so resetting 5 sim fundeds, I then make it to the point I can make my money back and they move the finish line. All in all, I spent like $2,500 to get funded with these guys and they wanted to make sure I don't get that money back. I'm a live trader with 2 other firms, and both of them moved my sim-funded profit to live, because that is earned profit, that would've been payout money, so they put that into a live account instead. Both of those firms allows for 3 accounts, in which they combine the profits across the 3 accounts for the 1 live account. Elite Trader Funding does not do that. What you make is thrown to the void never to be seen again. If you buy 5 evals, congrats, you wasted your time and money on 4 of them. Their live rules used to be better, not great, but better. With their old rules, I'd say they are 60% for the trader, now they are 0% for them. If the firm can't afford to cover transitioning the profit of 5 accounts to live, or cover the cost of 5 payouts, then they shouldn't allow 5 accounts. It's designed for people to buy 5 accounts and get screwed on all of them. This review would've been completely different if they were like literally every other firm in the way they REWARD live traders, but it's a 1 star due to how they essentially punish them. I'm posting this after rejecting their offer to live so they can't respond saying I'm leaving a bad review just because I failed. No, I rejected because their unfair handling of live traders. Moving me to live THE DAY OF my payout, while not meeting ANY of the 3 criteria to go to a live account (i.e did not take $25,000 in payouts, did not trade for 50 days, did not take 5 payouts) that's just odd, and seems like scam behavior. TLDR; Live accounts suck, poor profit split, ALL profit wiped from sim, smaller position size Edit in response to support: That previous payment was from 2 accounts in September of 2025, so it doesn't show you guys are willing to pay 5 accounts. The allowed payout amounts actually got smaller since then, which I'm only to assume means struggles with the firm. $2k used to be the max per account 50k static, not it's $1,250. Which being transitioned to live the day of the payout just means $0 per account, nice job saving money. I was aware of the Terms of Service, but the transition to live is vague, it says (with a direct copy and paste, "Your End of Day onboarding starting balance is based on your single top-performing Elite Sim-Funded account that has achieved the safety net." Which absolutely sounds like my balance will be transferred over, I assumed the $2,000 was the minimum balance the account should have before going to live. The profit split, I knew beforehand, what isn't disclosed is the drop in sizing, from allowing 40 micros to only allowing 5 micros is not mentioned beforehand.
