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 limit | None | None |
| Max drawdown | $2,000 | $2,000 |
| $100,000 account | ||
| Profit target | $6,000 | $6,000 |
| Daily loss limit | None | None |
| Max drawdown | $3,000 | $3,000 |
| $150,000 account | ||
| Profit target | $9,000 | not verified — check the firm's site |
| Daily loss limit | None | not verified — check the firm's site |
| Max drawdown | $4,500 | not verified — check the firm's site |
| Firm-wide | ||
| Drawdown model | End-of-day trailing, locks at breakeven | Intraday trailing, locks at breakeven |
| Consistency rule | Max 50% of total profit from one day | None |
| Minimum trading days | 3 trading days | 5 trading days |
| Profit split | 80/20 (PRO) · 90/10 (PRO+) | 100% of sim profits up to $25K |
| Payout frequency | Daily (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 confidence | Rules verified | Rules 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.