Legends Trading Group vs Elite Trader Funding: prop firm rules compared

Elite Trader Funding's 1-Step plan trails the drawdown intraday: the floor follows the highest balance the account reaches during the session, open profit included, and never moves back down — a winning trade given back before it is closed still lifts it. For example, at Elite Trader Funding's 1-Step plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.

On Legends Trading Group and Elite Trader Funding's End of Day plan the drawdown trails at end of day: the floor is recalculated once, from the closing balance, so open profit given back during the session does not raise it — but equity touching the floor during the session still counts. For example, at Legends Trading Group and Elite Trader Funding's End of Day plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.

Elite Trader Funding's Static plan uses a static drawdown: the floor is set once, the drawdown below the starting balance, and does not move for the whole evaluation. For example, at Elite Trader Funding's Static plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.

On Elite Trader Funding's 1-Step and End of Day plans the trailing floor stops rising once it reaches breakeven and stays there.

A hard daily loss limit ends the evaluation: one day that loses that much fails the account. Elite Trader Funding's End of Day plan sets it at $1,100 on $50,000. Legends Trading Group and Elite Trader Funding's 1-Step and Static plans have no daily loss limit, so a losing day is bounded only by the max drawdown.

Elite Trader Funding starts the trading day at 6:00 PM ET (5:00 PM CT); a daily loss limit counts from that reset, not from midnight.

A consistency rule caps how much of the total profit one day may carry. Legends Trading Group's Apprentice and Straight-to-Master plans cap any single day at 30% of total profit, so it takes at least 4 profitable days to finish inside the rule. One day may then carry at most $900 of a $3,000 target. Elite Trader Funding applies no consistency rule in the evaluation, so one large day can count in full.

Legends Trading Group requires at least 4 trading days on Apprentice and 10 on Straight-to-Master before a pass; Elite Trader Funding requires at least 5 trading days before a pass.

On automated trading — a strategy or bot sending the orders — Legends Trading Group has no written answer on record; at Elite Trader Funding it is not allowed in the evaluation or on a funded account. Written answers: Elite Trader Funding (read Oct 21, 2026).

Legends Trading Group and Elite Trader Funding differ on 4 of the evaluation rules compared here: drawdown model, daily loss limit, consistency rule and minimum trading days. If your trades often run into open profit that you give back before closing them, start with the drawdown: Legends Trading Group trails at end of day, while Elite Trader Funding trails intraday or at end of day or holds a static floor, depending on the plan. If one or two large days make up most of your profit, the consistency rule sets how fast you can finish: Legends Trading Group caps one day at 30% of total profit; Elite Trader Funding has no consistency rule. If you keep trading after a losing morning, look at what the daily loss limit does: Legends Trading Group has no daily loss limit; Elite Trader Funding fails the account at its daily loss limit on some plans and has no limit on others. To finish in as few sessions as possible, compare the minimum days: Legends Trading Group needs 4 to 10 trading days, depending on the plan, Elite Trader Funding needs at least 5 trading days.

Once funded, the profit split is 90/10 at Legends Trading Group and 100% of sim profits up to $25K at Elite Trader Funding. Payout terms — Legends Trading Group: Up to twice per month; Elite Trader Funding: Approved daily, paid in Monday / Wednesday batches. Legends Trading Group sells 3 plans: Apprentice, Elite and Straight-to-Master; Elite Trader Funding sells 3 plans: 1-Step, End of Day and Static. Each plan carries its own version of the rules above, which is why they are listed plan by plan. If a strategy or bot will send your orders, Legends Trading Group has no written answer on record, and Elite Trader Funding's written answer is not allowed in the evaluation or on a funded account.

Read both rule sets against your own average day, then confirm the current terms on Legends Trading Group's site and Elite Trader Funding's site. PassTraq tracks challenges at both firms using the same rule presets shown here.