The Trading Pit vs Elite Trader Funding: prop firm rules compared
At the $50,000 account size, The Trading Pit'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. The Trading Pit applies a consistency rule (max 40% of total profit from one day); Elite Trader Funding does not. Payouts are every 7 days (after 5 profitable days of $150+) at The Trading Pit and approved daily, paid in monday / wednesday batches at Elite Trader Funding.
| Rule (evaluation phase) | TTThe Trading PitFutures Prime model | ETElite Trader Funding1-Step (Live Trailing) model |
|---|---|---|
| $50,000 account | ||
| Profit target | $3,000 | $3,000 |
| Daily loss limit | $1,000 (soft pause) | None |
| Max drawdown | $2,000 | $2,000 |
| $100,000 account | ||
| Profit target | $6,000 | $6,000 |
| Daily loss limit | $2,000 (soft pause) | None |
| Max drawdown | $3,000 | $3,000 |
| $150,000 account | ||
| Profit target | $9,000 | not verified — check the firm's site |
| Daily loss limit | $3,000 (soft pause) | 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 40% of total profit from one day | None |
| Minimum trading days | 3 trading days | 5 trading days |
| Profit split | 80/20 | 100% of sim profits up to $25K |
| Payout frequency | Every 7 days (after 5 profitable days of $150+) | Approved daily, paid in Monday / Wednesday batches |
| Account sizes offered | $50,000 · $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 The Trading Pit's site and Elite Trader Funding's site. Spotted a rule that changed? Tell us.
Where The Trading Pit and Elite Trader Funding differ
- Drawdown model
- The Trading Pit: 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
- The Trading Pit: Soft pause, $1,000 at $50K
- Elite Trader Funding: None on 1-Step and Static; hard, $1,100 at $50K on End of Day
- Consistency rule
- The Trading Pit: Max 40% of total profit from one day
- Elite Trader Funding: None on any plan
- Minimum trading days
- The Trading Pit: 3 trading days
- Elite Trader Funding: 5 trading days on every plan
- Plans sold
- The Trading Pit: One plan: Futures Prime
- Elite Trader Funding: 3 plans: 1-Step, End of Day and Static
- Account sizes, all plans
- The Trading Pit: $50K · $100K · $150K
- Elite Trader Funding: $10K · $25K · $50K · $100K · $150K
- Trading day resets
- The Trading Pit: 5:00 PM ET (4:00 PM CT)
- Elite Trader Funding: 6:00 PM ET (5:00 PM CT)
- Automated trading
- The Trading Pit: Allowed in the evaluation and on a funded account
- Elite Trader Funding: Not allowed in the evaluation or on a funded account
- Profit split
- The Trading Pit: 80/20
- Elite Trader Funding: 100% of sim profits up to $25K
- Payouts
- The Trading Pit: Every 7 days (after 5 profitable days of $150+)
- Elite Trader Funding: Approved daily, paid in Monday / Wednesday batches
The Trading Pit and Elite Trader Funding in brief
The Trading Pit
Futures Prime trails at end of day and locks at the starting balance, with a soft Daily Pause. A 40% consistency rule raises the target but never fails the account. Minimum 3 trading days and a 30-day time limit.
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 The Trading Pit 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 The Trading Pit 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 The Trading Pit 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 soft daily loss limit pauses the day instead of failing the account: reach it and open positions are flattened, trading stops until the next session, and the account stays open. The Trading Pit sets it at $1,000 on $50,000. 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. 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.
The Trading Pit 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. The Trading Pit caps any single day at 40% of total profit, so it takes at least 3 profitable days to finish inside the rule. One day may then carry at most $1,200 of a $3,000 target. Elite Trader Funding applies no consistency rule in the evaluation, so one large day can count in full.
The Trading Pit requires at least 3 trading days before a pass; Elite Trader Funding requires at least 5 trading days before a pass.
The Trading Pit's evaluation runs for 30 days; a target not reached by then is not a pass.
On automated trading — a strategy or bot sending the orders — at The Trading Pit it is allowed in the evaluation and on a funded account; at Elite Trader Funding it is not allowed in the evaluation or on a funded account. Written answers: The Trading Pit (read ), Elite Trader Funding (read ).
Choosing between The Trading Pit and Elite Trader Funding
The Trading Pit 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: The Trading Pit 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: The Trading Pit caps one day at 40% 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: The Trading Pit pauses the day at its 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: The Trading Pit needs at least 3 trading days, Elite Trader Funding needs at least 5 trading days.
Once funded, the profit split is 80/20 at The Trading Pit and 100% of sim profits up to $25K at Elite Trader Funding. Payout terms — The Trading Pit: Every 7 days (after 5 profitable days of $150+); Elite Trader Funding: Approved daily, paid in Monday / Wednesday batches. The Trading Pit sells one plan: Futures Prime; 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, The Trading Pit's written answer is allowed in the evaluation and on a funded account, 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 The Trading Pit's site and Elite Trader Funding's site. PassTraq tracks challenges at both firms using the same rule presets shown here.
The Trading Pit vs Elite Trader Funding: quick answers
Which has the larger drawdown at $50K, The Trading Pit or Elite Trader Funding?
Neither: both allow $2,000 on a $50,000 evaluation (The Trading Pit: end-of-day trailing; Elite Trader Funding: intraday trailing).
Does The Trading Pit or Elite Trader Funding have a consistency rule?
The Trading Pit: max 40% of total profit from one day. Elite Trader Funding: none on any plan.
Which has a daily loss limit, The Trading Pit or Elite Trader Funding?
The Trading Pit: a soft limit that pauses the day ($1,000 at $50K). 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 The Trading Pit or Elite Trader Funding?
The Trading Pit: allowed in the evaluation and 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.