The Elite/Apex Funded Trader Program is offered to elite retail traders.
This program is different from the $5,000 - $500,000 evaluation programs we offer. These only require a 2-step evaluation in order to receive their funded accounts.
In the Elite Funded Trader program, you will go through an extensive process with direct contact to our CEO, Stan. It is an incubation period that will help extremely talented retail traders manage large accounts.
It is a well-known tendency that as capital allocation increases, traders tend to throw everything they know about trading out the window. With this said, an incubation period is necessary.
Requirements to join the Elite Funded Trader Program:
Consultation with Stan
When you join the Elite Funded Trader Program, our team would like to get to know you, your background, your trading progress, and much more. We want to know what kind of trader we are working with and if you are a good fit for the program.
Evaluation Rules
2-step
Phase 1
Profit Target: 10%
Max. Daily Loss: 5%
Max. Overall Loss: 10%
Min. Trades: 20 for swing traders / 50 for day traders / 100 for scalpers
Min. Trading Period: 2 months
Max. Trading Period: 6 months
Phase 2
Profit Target: 5%
Max. Daily Loss: 5%
Max. Overall Loss: 10%
Min. Trades: 20 for swing traders / 50 for day traders / 100 for scalpers
Min. Trading Period: 2 months
Max. Trading Period: 6 months
1-step
Phase 1
Profit Target: 10%
Max. Daily Loss: 4%
Max. Overall Loss: 5%
Min. Trades: 20 for swing traders / 50 for day traders / 100 for scalpers
Min. Trading Period: 2 months
Max. Trading Period: 6 months
FAQs:
What if I've reached the target before the minimum trading period?
You have to continue trading consistent with the strategy you have described in the consultation. We do not allow placing micro lots just to pass the 50-trade requirement.
Why are there more requirements? I can just take multiple $300,000 evaluations in different firms.
Again, we are looking for elite traders. When you pass the Elite Funded Trader Program, you not only get access to the capital, but you get access to institutional-level resources.
This includes opportunities to be allocated significantly more capital based on performance, access to various institutional firms for career growth, and much more. This is made available to you with the relationship you have built with Stan on the grounds of your performance and professionalism.
The world of finance goes deeper than retail prop firms. If you show us promising results, we take you to levels unimaginable. We open doors for you.