Elite Direct rules
Updated 2026-07-05
Quick answer
Elite Direct costs $159. No evaluation target — starts funded. Daily drawdown is 4% and max drawdown is 8%. 20% consistency applies at payout time.
- Fee: $159
- Funded account starts immediately at $3,000
- No Step 1 or Step 2 evaluation target
- Daily drawdown: 4%; max drawdown: 8%
- After funding, you can risk maximum 1% of your funding balance at a time in trades — e.g. $3,000 × 1% = $30.
- Max open trades: 3
- Profit split: 80% trader / 20% platform
- Consistency at payout: 20%
- No payout before funded qualifiers are met
Worked example — Elite Direct numbers
Fee paid: $159 Funded capital issued: $3,000 Daily drawdown: 4% = $120 at the starting balance Max drawdown: 8% = $240 Minimum payout request: $100 trader share Gross profit needed for a $100 payout: $125 because trader share is 80%
Edge cases
- Can I withdraw immediately after purchase?
No. The account starts funded, but payout requires profit, minimum $100 trader share, 5 funded trading days, 20 qualifying funded trades, KYC, weekly cycle, and any plan-specific checks.
- What counts as a qualifying trade?
A trade at least 0.5% of the phase or funded account starting balance. Smaller trades can be placed, but they do not count toward the 20-trade qualifier.
- Does the 1% risk limit apply during evaluation?
Instant Funded plans (Elite Direct, Pro Elite) start funded, so the 1% risk limit applies from day one.
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