$100K Futures Account Cheaper Than Ever Before!
When it comes to prop trading, traders have to make a choice between the various account sizes available. Futures Prop firms usually offer account sizes from $50K to $100K. These different account sizes cater to traders who have different points in their trading journey. We at Futures Elite offer traders 3 different account sizes; the $50K, the $100K and the $150K. The $150K account is for the high rollers among trading or who are confident in their skills. The $50K account is for traders just starting off and the $100K futures account is the median among the accounts and is suitable for the majority of traders and thus it has become the ideal account size to compare between different prop firms.
This article shall give readers a brief overview of the $100K futures account along with a price comparison between different prop firms offering this account.
What is the $100K futures account?
When partnering with a prop firm, traders must first prove their mettle in trading before earning the right to trade with the firm’s capital. After purchasing the $100K futures account traders must reach certain profit targets before hitting certain drawdown limits in order to pass the trading challenge and get access to funded capital. These profit targets and drawdown limits differ based on the account type purchased.
For instance, with Futures Elite traders can purchase an evaluation account and have options between the Starter and Pro Package. Alternatively, traders can opt for the instant funding account.
Under the evaluation accounts, traders who opt for the Starter package can trade with a maximum position size of 7 contracts are required to hit a profit target of 6% along with a daily loss limit of 2.7% and an overall loss limit of 3.6%. Similarly, traders who opt for the Pro package gain the ability to hold positions of upto 10 contracts and are required to hit a profit target of 8% while avoiding the maximum overall loss limit of 3.2%.
The Instant Funding account allows traders to bypass the evaluation phase completely and immediately trade with the firm’s capital. Traders are given a maximum position size of 5 contracts and must avoid a loss limit of 5% throughout their trading.
A Price Comparison – $100K futures account
Futures Elite has made the journey towards trading with funded capital easier than before by offering trading accounts at a significantly cheaper rate compared to the competition.
For instance, a $100K account with TopStep is priced at a steep $325 monthly. The average price for a $100K futures account is between $250 and $350 but with us at Futures Elite you can purchase a $100K account for as little as $130!
Why Futures Elite?
It is clear that traders have immense choice in choosing which prop firm to go with when purchasing a prop firm account. Is the only advantage price? Absolutely not! With us at Futures Elite, traders can expect the following advantages:
- No Activation Fees: Practically all futures prop firms require traders to make a payment known as ‘activation fees’ to initiate their evaluation account. This charge has been completely omitted for traders partnering with us at Futures Elite.
- High Profit Splits: Traders can earn the right to take home upto 100% of the profits made from traders when partnered with us at Futures Elite. This is among the highest profit sharing ratios in the industry today! For context, Topstep offers an 80% profit split and some firms go as low as 60%
- Easy On The Wallet: As already mentioned, traders can find very reasonable prices with us at Futures Elite but we also offer several promos and discounts very regularly, dropping our low prices even lower.
Join Futures Elite Today
Futures elite offers one of the highest profit splits in the industry of upto 100%, no activation fees and flexible payment structures, making it an attractive choice for traders who want more capital and a transparent path to success. Traders can stay up to date with market developments by subscribing to our newsletters on either Facebook, X or Instagram.
What are you waiting for? Empower Your Trading Journey, Maximize and Realize Your Full Potential! Become a Funded Trader Today