Elite Trader pulled the rug from under me one day before my first payout on 5 profitable 250K accounts.
Status of my 5 Sim-Funded 250K accounts (1 Step Live Trailing Elite) : - Cumulative P&L: ~$26,000 across the 5 accounts (+$5,400/account) - 7 out of 8 days above $200 profit ✓ - 7 out of 8 days at 23% of best day ✓ - Balance $1,200 away from the required safety net - First payout triggerable within 48h on all 5 accounts That's when ETF unilaterally transitioned me to LIVE ELITE, the day before my first payouts, without me ever cashing out a single dollar from them. What I got in return: - ONE single LIVE account with $1,803 of effective capital and a $1,500 drawdown — instead of 5 suppressed 250K accounts with a combined drawdown of 5 x $6,500. Their marketing leaves a bitter taste... "Trade for payouts from day one!" If you're aiming for a payout, save your time and money for an honest prop firm.
