Discount codes

Elite Trader Funding terms and conditions: what the firm reserves

Elite Trader Funding: a reading of 12 clauses from its terms and rules, quoted word for word and recorded on 17 September 2026 from its official pages. Its documents reserve the right to change its rules, deny or reduce a payout, close an account without having to give a reason and sanction a practice that is not on its list. Law governing disputes: Delaware (United States), with mandatory arbitration and a class action waiver. Evaluation fees are refundable only under conditions.

Recorded on 21 September 2026

The clauses, one by one

For each question, the status drawn from the documents, what it changes for a trader, and the firm's sentence exactly as written.

  1. Can the firm change its rules, including for an account already purchased?

    Yes

    The rules in force at purchase are not locked in: a profit target, a drawdown or a payout condition can change during the life of the account.

    • Changes also apply to accounts already purchased.
    Firm's wording · Section: CFTC Required Disclaimer

    ETF reserves the right at any time to limit access to, modify, change or discontinue any aspect of the Services, Terms, or Agreement, with or without notice to you and we shall not be liable in any manner to you for any such modification, suspension or discontinuance of the Services.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  2. Can the firm deny or reduce a payout at its discretion?

    Yes

    A requested payout is not secured until it is paid: the firm can deny or reduce it on the basis of its own assessment.

    Firm's wording · Section: Your Use of ETF's Services

    Further, should it be determined by ETF that a Trader has violated any restrictions CONTAINED IN THESE TERMS, ETF reserves the right to withhold, void, or otherwise deny payouts to such Trader, suspend, or terminate provision of Services to such Trader, and take further action as is necessary to secure and/or protect ETF's interests.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  3. Can the firm close an account without cause?

    Yes

    An account, funded accounts included, can be closed without the firm having to justify the decision.

    • No refund is provided for on closure.
    Firm's wording · Section: Stopping Use of ETF

    ETF is also free to terminate (or suspend access to) your use of the Services or your Account, for any reason in our discretion, including your breach of these Terms.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  4. Is the list of prohibited practices open-ended?

    Yes

    The list of prohibited practices is not exhaustive: a strategy that is not on it can still be sanctioned.

    Firm's wording · Section: Your Use of ETF's Services

    otherwise engages in conduct or activities that, in ETF's sole discretion creates, reputational, regulatory, or financial risk to ETF, even if not stated explicitly in these Terms

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  5. Are accounts, funded ones included, simulated?

    Yes

    The documents say so: accounts are simulated. A payout is a sum paid by the firm, not the result of orders executed in the market.

    • Funded accounts are simulated as well.
    Firm's wording · Section: Terms of Service

    Any other Account types referenced in these Terms contain synthetic currency, are not genuine legal tender/currency, and any trades executed from these Account types in no way constitute genuine trading in real financial instruments.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  6. Are evaluation fees refundable?

    Under conditions

    A refund is possible, but only under conditions, such as a short window or an unused account.

    • Stated window: 7 days.
    Firm's wording · Section: Swap or Refund for New Users

    For your very first purchase, if you genuinely made a mistake in selecting your account, you can make one swap to a same-sized evaluation account—or smaller, on the same platform as your original purchase, request a full refund on your first purchased account, or opt for in-house credit to be applied to an evaluation of your choice within 7 (seven) days from purchase.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  7. Which law applies to a dispute?

    Specified

    A dispute is settled under this law, often far from the trader's country.

    • Designated law: Delaware (United States).
    Firm's wording · Section: Choice of Law; Arbitration

    THESE TERMS ARE GOVERNED BY AND WILL BE CONSTRUED UNDER THE LAWS OF THE STATE OF DELAWARE, UNITED STATES, WITHOUT REGARD TO THE CONFLICTS OF LAWS PROVISIONS THEREOF.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  8. Is arbitration mandatory?

    Yes

    A dispute does not go before a court but before an arbitrator appointed under the contract.

    • The contract includes a class action waiver.
    • Place of arbitration: King County, Washington.
    Firm's wording · Section: Choice of Law; Arbitration

    ANY DISPUTE ARISING FROM OR RELATING TO THE SUBJECT MATTER OF THESE TERMS OR YOUR USE OF THE SERVICES SHALL BE FINALLY SETTLED IN KING COUNTY, WASHINGTON, IN ENGLISH, IN ACCORDANCE WITH THE CONSUMER ARBITRATION RULES AND MEDIATION PROCEDURES OF THE AMERICAN ARBITRATION ASSOCIATION, INC.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  9. Is the firm's liability capped?

    Yes

    What a trader can claim if the firm is at fault is limited by the contract.

    • Cap: $100, measured over the last 12 months.
    Firm's wording · Section: Limitation of Liability

    TO THE FULLEST EXTENT ALLOWED BY APPLICABLE LAW, UNDER NO CIRCUMSTANCES AND UNDER NO LEGAL THEORY (INCLUDING, WITHOUT LIMITATION, TORT, CONTRACT, STRICT LIABILITY, OR OTHERWISE) SHALL ETF (OR ITS LICENSORS OR SUPPLIERS) BE LIABLE TO YOU OR TO ANY OTHER PERSON FOR (A) ANY INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY KIND, INCLUDING DAMAGES FOR LOST PROFITS, LOSS OF GOODWILL, WORK STOPPAGE, ACCURACY OF RESULTS, OR COMPUTER FAILURE OR MALFUNCTION, OR (B) ANY AMOUNT, IN THE AGGREGATE, IN EXCESS OF THE LESSER OF (I) $100 OR (II) THE AMOUNTS PAID BY YOU TO ETF IN CONNECTION WITH THE SERVICES IN THE TWELVE (12) MONTH PERIOD PRECEDING THIS APPLICABLE CLAIM, OR (C) ANY MATTER BEYOND OUR REASONABLE CONTROL.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  10. Does the contract set a time limit to bring a claim?

    Yes

    The contract sets a time limit to act: after it, the firm treats any claim as extinguished.

    • Time limit: 12 months.
    Firm's wording · Section: Choice of Law; Arbitration

    TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY DISPUTE ARISING OUT OF YOUR USE OF ETF'S SERVICES MUST BE COMMENCED WITHIN ONE (1) YEAR AFTER THE DISPUTE ARISES OR IT WILL BE FOREVER BARRED.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  11. Who must check that the offer is legal in your country?

    Yes

    Checking that the offer is legal in the country of residence is the trader's responsibility, not the firm's.

    Firm's wording · Section: Your Use of ETF's Services

    If your use of the Services is prohibited by applicable laws in your jurisdiction, you are prohibited from using the Services.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  12. What does the contract provide for a payment dispute?

    Yes

    Disputing a payment with your bank exposes you to a sanction set by the contract, such as the closure of your accounts.

    Firm's wording · Section: Refunds and Disclaimer

    Purchases that result in a chargeback may result in ETF's immediate deactivation of your subscription(s), termination or suspension of use of our Services permanently, and revocation of any earnings/payouts you may otherwise be entitled to.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

Monitored documents

Each document is reread by our watcher. Every change is dated, and each version is kept with the capture that proves it.

Between the last date of one version and the first date of the next, we do not know which text was online, and we do not assume.

Changes to these documents

When a sentence that touches a clause changes, it is quoted before and after. When the document moves without us being able to pin it to a sentence, the entry says so.

No published change for these documents.

Frequently asked questions about the terms of Elite Trader Funding

Can Elite Trader Funding deny or reduce a payout?

Yes, according to the documents published by Elite Trader Funding. A requested payout is not secured until it is paid: the firm can deny or reduce it on the basis of its own assessment.

Can Elite Trader Funding change its rules for an account already purchased?

Yes, according to the documents published by Elite Trader Funding. The rules in force at purchase are not locked in: a profit target, a drawdown or a payout condition can change during the life of the account. Changes also apply to accounts already purchased.

Are evaluation fees at Elite Trader Funding refundable?

Under conditions, according to the documents published by Elite Trader Funding. A refund is possible, but only under conditions, such as a short window or an unused account. Stated window: 7 days.

Does a dispute with Elite Trader Funding go to mandatory arbitration?

Yes, according to the documents published by Elite Trader Funding. A dispute does not go before a court but before an arbitrator appointed under the contract. The contract includes a class action waiver. Place of arbitration: King County, Washington.

How these terms are read

We read the terms and conditions, trading rules and disclosures that each firm publishes on its own website, and only there. Every document goes through the same twelve-question grid. An answer is only published once the sentence it rests on has been found word for word in the page our watcher recorded itself, and then reviewed. We quote the text as written, without paraphrasing it, so that anyone can check it. When a document does not address a question, we say so, without inferring a yes or a no.

This page describes what documents say at a given date. It is not legal advice, it does not say whether a clause is valid under your national law, and it does not replace reading the full contract before a purchase.

Back to the Elite Trader Funding profile →Compare prop firm terms →Elite Trader Funding value history (30 series) →