Take Profit Trader vs Elite Trader Funding: prop firm rules compared

At the $50,000 account size, Take Profit Trader's evaluation allows a $2,000 max drawdown (end-of-day trailing, locks at breakeven) against Elite Trader Funding's $2,000 (intraday trailing, locks at breakeven), with the same $3,000 profit target. Both allow the same dollar drawdown at that size. Take Profit Trader applies a consistency rule (max 50% of total profit from one day); Elite Trader Funding does not. Payouts are daily (pro, once the buffer is reached) at Take Profit Trader and approved daily, paid in monday / wednesday batches at Elite Trader Funding.

Rule (evaluation phase)
ETElite Trader Funding1-Step (Live Trailing) model
$50,000 account
Profit target$3,000$3,000
Daily loss limitNoneNone
Max drawdown$2,000$2,000
$100,000 account
Profit target$6,000$6,000
Daily loss limitNoneNone
Max drawdown$3,000$3,000
$150,000 account
Profit target$9,000not verified — check the firm's site
Daily loss limitNonenot verified — check the firm's site
Max drawdown$4,500not verified — check the firm's site
Firm-wide
Drawdown modelEnd-of-day trailing, locks at breakevenIntraday trailing, locks at breakeven
Consistency ruleMax 50% of total profit from one dayNone
Minimum trading days3 trading days5 trading days
Profit split80/20 (PRO) · 90/10 (PRO+)100% of sim profits up to $25K
Payout frequencyDaily (PRO, once the buffer is reached)Approved daily, paid in Monday / Wednesday batches
Account sizes offered$25,000 · $50,000 · $75,000 · $100,000 · $150,000$50,000 · $100,000 · $150,000
Rules confidenceRules verifiedRules verified

Elite Trader Funding figures are for the 1-Step (Live Trailing) model; it also sells: End of Day, Static.

Rules last checked against each firm's own documentation on . Firms change their rules often, so confirm the current terms on Take Profit Trader's site and Elite Trader Funding's site. Spotted a rule that changed? Tell us.

Where Take Profit Trader and Elite Trader Funding differ

Drawdown model
Take Profit Trader: End-of-day trailing
Elite Trader Funding: Intraday trailing on 1-Step; end-of-day trailing on End of Day; static on Static
Daily loss limit
Take Profit Trader: None
Elite Trader Funding: None on 1-Step and Static; hard, $1,100 at $50K on End of Day
Consistency rule
Take Profit Trader: Max 50% of total profit from one day
Elite Trader Funding: None on any plan
Minimum trading days
Take Profit Trader: 3 trading days
Elite Trader Funding: 5 trading days on every plan
Plans sold
Take Profit Trader: One evaluation model
Elite Trader Funding: 3 plans: 1-Step, End of Day and Static
Account sizes, all plans
Take Profit Trader: $25K · $50K · $75K · $100K · $150K
Elite Trader Funding: $10K · $25K · $50K · $100K · $150K
Trading day resets
Take Profit Trader: 5:00 PM ET (4:00 PM CT)
Elite Trader Funding: 6:00 PM ET (5:00 PM CT)
Profit split
Take Profit Trader: 80/20 (PRO) · 90/10 (PRO+)
Elite Trader Funding: 100% of sim profits up to $25K
Payouts
Take Profit Trader: Daily (PRO, once the buffer is reached)
Elite Trader Funding: Approved daily, paid in Monday / Wednesday batches

Take Profit Trader and Elite Trader Funding in brief

Take Profit Trader

One evaluation, the Test, followed by a PRO funded account. The drawdown trails at end of day in the Test and stops trailing at the starting balance. No daily loss limit. A 50% consistency rule raises the goal but never fails the account. Minimum 3 trading days.

Elite Trader Funding

Three evaluations: 1-Step (intraday trailing), End of Day (end-of-day trailing with a hard daily loss limit) and Static. Minimum 5 trading days, no consistency rule in the evaluation.

How these rules play out

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 Take Profit Trader 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 Take Profit Trader 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 Take Profit Trader and 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. Take Profit Trader 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.

Take Profit Trader starts the trading day at 5:00 PM ET (4:00 PM CT) and 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. Take Profit Trader caps any single day at 50% of total profit, so it takes at least 2 profitable days to finish inside the rule. One day may then carry at most $1,500 of a $3,000 target. Elite Trader Funding applies no consistency rule in the evaluation, so one large day can count in full.

Take Profit Trader requires at least 3 trading days 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 — at Take Profit Trader it is not allowed in the evaluation or on a funded account; at Elite Trader Funding it is not allowed in the evaluation or on a funded account. Written answers: Take Profit Trader (read ), Elite Trader Funding (read ).

Choosing between Take Profit Trader and Elite Trader Funding

Take Profit Trader 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: Take Profit Trader 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: Take Profit Trader caps one day at 50% 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: Take Profit Trader 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: Take Profit Trader needs at least 3 trading days, Elite Trader Funding needs at least 5 trading days.

Once funded, the profit split is 80/20 (PRO) · 90/10 (PRO+) at Take Profit Trader and 100% of sim profits up to $25K at Elite Trader Funding. Payout terms — Take Profit Trader: Daily (PRO, once the buffer is reached); Elite Trader Funding: Approved daily, paid in Monday / Wednesday batches. Take Profit Trader sells one evaluation model; 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.

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

Take Profit Trader vs Elite Trader Funding: quick answers

Which has the larger drawdown at $50K, Take Profit Trader or Elite Trader Funding?

Neither: both allow $2,000 on a $50,000 evaluation (Take Profit Trader: end-of-day trailing; Elite Trader Funding: intraday trailing).

Does Take Profit Trader or Elite Trader Funding have a consistency rule?

Take Profit Trader: max 50% of total profit from one day. Elite Trader Funding: none on any plan.

Which has a daily loss limit, Take Profit Trader or Elite Trader Funding?

Take Profit Trader: no daily loss limit. Elite Trader Funding: no daily loss limit on 1-Step and Static; a hard limit that fails the account ($1,100 at $50K) on End of Day.

Can you trade with a bot or strategy at Take Profit Trader or Elite Trader Funding?

Take Profit Trader: not allowed in the evaluation or on a funded account. Elite Trader Funding: not allowed in the evaluation or on a funded account.

More comparisons

Rules are sourced from each firm's official help centre and can change without notice — always confirm on the firm's site before buying an evaluation. Where a link is a partner link, it is marked as such.