Click here to review the Risk Disclosure
What happens when you qualify?
- Stop trading once you reach the evaluation profit target and have traded a minimum of 5 trade days (unless otherwise specified from a promotion).
- Allow up to 72 business hours after market closes for your Trader Dashboard to be updated and emails to be sent.
- Once evaluation is marked as passed on the Trader Dashboard, your subscription will automatically be canceled and you will no longer be charged for the evaluation.
- Upon receipt of the Elite Agreement email, you must complete and sign it within 48hrs.
- You must pay the Elite Sim-Funded activation fee (options below) within 30 days, until you reach the three Sim-Funded account limit or the accounts will be invalidated.
- Once you reach the three Sim-Funded account limit, additional passed evaluations are kept in reserve and the monthly auto renewal will remain active but the amount will be updated to $0.
There are two fee structures for Elite Sim-Funded accounts.
Option 1 - Elite Sim-Funded One-time Activation
- One-time activation fees for brand-new Elite Sim-Funded account(s) are listed below. If you are switching an existing Elite Sim-Funded account from $80 monthly to paying the one-time activation fee, note that you will receive a discounted price based on how long you have maintained the Elite Sim-Funded account. Please note that at this time Fast Track accounts are not eligible for the one-time activation fee.
| Account Size | 1Step | EOD | Static | Diamond Hands |
|---|---|---|---|---|
| 75K and Below | $150 | $175 | - | - |
| 100K and Above | $235 | $255 | $175 | $300 |
Option 2 - Monthly Plan (For all account types)
- Once qualified, Elite Sim-Funded accounts have an $80.00 USD recurring monthly fee.
What happens if I fail my Elite Account?
Monthly Plan
Unlike the evaluation, your failed Elite Sim-Funded is not reset upon receiving the renewal payment.
Can I reset my Elite Sim-Funded Account?
ETF offers the option to reset an Elite Sim-Funded account once for traders. This reset price is not the same as what you paid for the one-time activation fee. Traders must contact support if they wish to learn about the cost and to take advantage of the Elite Sim-Funded reset.
Subscription Stays Active After Elite Sim-Funded Account Failure
If a trader's Elite Sim-Funded account goes into a failed state, their subscription will remain active since we allow Elite Sim-Funded accounts to be reset once at cost. Therefore, if traders do not wish to reset their Elite Sim-Funded account, they must cancel their subscription to prevent future billing.