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At Futures Elite, traders in our simulation environment can earn a maximum payout of $13,000 before being considered for a transition to live trading accounts. This standard payout cap is designed to encourage traders to focus on developing robust trading strategies and effective risk management skills. However, we do recognize exceptional performance and consistency, and in such cases, the payout limit may be extended on a case-by-case basis or the user contacted to be passed to a live account sooner than expected. Our ultimate goal is to smoothly transition proficient and consistent traders into live trading environments where they have greater opportunities for success and higher earnings potential.

The Affiliate Tokens program allows users to earn free trading accounts by referring new clients. This initiative is designed to reward active affiliates and expand the trading community.

Steps to Earn and Redeem Tokens:

• Refer a new client using your unique affiliate link.
• Earn 1 token when the referred client registers and completes their first purchase.
• Redeem tokens to claim free trading challenges directly from your dashboard.

Key Terms and Conditions:

• Tokens are only awarded for the referred client’s first-ever registration and purchase.
• There is no expiration date on earned tokens—they remain available in your account.
• Free accounts can be claimed instantly from the dashboard, without any waiting period.
• Once redeemed, accounts are automatically created and activated.
• Referral rewards apply only to new users who sign up through the affiliate link—self-referrals and duplicate accounts are not eligible.
• Tokens cannot be exchanged for cash or transferred between accounts.
• There is no limit to referrals—the more clients referred, the more rewards earned.

How to Track Referrals and Rewards:
Affiliates can monitor their referral status, token balance, and available rewards through the Affiliate Page in their dashboard. This section provides real-time updates on earned tokens and redemption options.

For more details or to access your affiliate link, visit the Affiliate section in your dashboard.

The system continuously monitors for tournament rule breaches. If you happen to breach a rule, your account will be terminated. You are allowed to reset up to two times per tournament. If all resets are used and you breach a rule again, you will be disqualified from the tournament.

Your current status, along with the global leaderboard, is always displayed in real-time under the tournaments tab in your dashboard.

No, you cannot copy trade to a tournament account.

Yes, you can. However, we advise focusing on one at a time to perform at your best ability.

Depending on the tournament type, some may be free to enter, while others require a paid entry.

After the tournament ends, all winners will receive an email from the support team with the next steps on how to claim their prizes.

What is the 2% Rule at FuturesElite?

The 2% Rule prevents traders from participating in markets that are within 2% of hitting a CME price limit. This protects traders from excessive volatility and the risk of being stuck in a halted market.

What are CME Price Limits?

CME price limits are the maximum price range that a futures contract can move in a trading session. If a market hits its limit:

•Trading may temporarily halt.

•Trading may stay restricted.

•Markets may stop trading for the rest of the day.

Why Does the 2% Rule Exist?

1.Risk Management: Protects traders from high volatility and being trapped in halted markets.

2.Trader Safety: Reduces the risk of large losses in extreme conditions.

3.Market Knowledge: Ensures traders are familiar with the products they trade.

How Does the 2% Rule Work?

If a market’s price limit is 7%, you must stop trading if the market has moved more than 5% (7% – 2%) up or down. This 2% buffer ensures safety during volatile conditions.

Example:

Let’s say you are trading a futures contract with a reference price of $10,000 and a CME price limit of 7%. Here’s how you apply the 2% Rule:

•Upper Threshold (Stop Trading):

 10,000 \times (1 + 0.07 – 0.02) = 10,500 

If the market reaches $10,500 or higher, stop trading.

•Lower Threshold (Stop Trading):

 10,000 \times (1 – 0.07 + 0.02) = 9,500 

If the market reaches $9,500 or lower, stop trading.

What Happens If I Ignore This Rule?

This rule is strictly enforced for all FuturesElite accounts. Violations may result in account restrictions or termination.

• Trading Hours:
  Futures trading operates from 6:00 PM EST to 5:00 PM EST the following day. For example, if the Futures market opens at 6:00 PM EST on Monday, the trading session will run until 5:00 PM EST on Tuesday, marking the close of that day’s session.
• New Trading Day Start:
  A new trading day begins at 6:00 PM EST. Trades can be placed at this time to start the next day’s session.
• Market Closures:
  The Futures market is closed from Friday at 5:00 PM EST until Sunday at 6:00 PM EST. There may also be scheduled closures for holidays, which will be announced in advance.
• Position Closing Requirement:
  All trades must be closed before 4:59 PM EST each day. Trades left open past this time will be automatically closed by the system. We will not be responsible for any profit or loss realized as a result of this action.
• Automatic Liquidation:
  If trades are not closed by 4:59 PM EST, the system will automatically liquidate them. Ensure all trades are closed on time to maintain control over your positions.
• Overnight Positions:
  Overnight positions are not permitted. All positions must be closed by 4:59 PM EST daily.
• Futures vs. Stock Market Hours:
  Futures markets provide near 24-hour access to accommodate global trading across time zones. They briefly close daily from 5:00 PM to 6:00 PM EST for settlement and maintenance.
• Sunday Trading Considerations:
  Sunday trading opens at 6:00 PM EST and often experiences lower liquidity compared to weekday sessions. Traders should plan accordingly and manage risk carefully.
• Market Holiday and Closure Information:
  You can check the market calendar, including holidays and closures, on our Trading Platform or through the relevant exchange’s website.
• Market Break (5:00 PM to 6:00 PM EST):
  The market is closed during this time for settlement and system updates. Trades cannot be placed or modified during the break.

Our dashboard features a Reset Button that allows you to restart your challenge if your trading didn’t go as planned. When you use the reset button, the following will occur:

1.Drawdown Removal: Any existing drawdown will be erased.

2.Challenge Restart: Your challenge will be reset to the initial balance.

3.Parameters Reset: Trading days, consistency rules, and all other parameters of your challenge will be reset to the starting point.

4.Restart Flexibility: You can immediately start trading again.

Reset Cost and Eligibility

The reset option is available in both the Evaluation stage and once breached. Fixed prices apply based on your challenge type:

•150K Pro: $239

•150K Starter: $139

•100K Pro: $159

•100K Starter: $89

•50K Pro: $99

•50K Starter: $56

Subscription Cycle Note

Resetting your account does not change your subscription cycle. For instance, if your subscription is set to renew on the 10th and you reset your account on the 8th, you will be charged for the reset as well as the upcoming billing cycle on the 10th.

FuturesElite does not permit microscalping. Trades will be flagged as scalps if either of the following conditions is met:

Trades are flagged as scalps if either of the following conditions is met:

1. The majority (50%) of trades are executed in under 10 seconds.
2. The majority of profits (50%) per trade is equal or less than 5 points on the NQ (Nasdaq 100) futures, or the equivalent on other instruments.

However, on custom accounts, you have the option to enable “scalp mode.” In this mode, only positions held for less than 5 seconds will be flagged as scalps.

Scalp trades on funded accounts won’t trigger a breach; however, all scalp trades, regardless of their frequency or proportion, will not count toward gross payout requests.

EliteX is our custom-built trading platform powered by ProjectX, designed with seamless integration of TradingView, providing advanced charting, technical analysis tools, and a user-friendly interface. It’s built to streamline your trading experience, offering real-time data and analysis tools all in one place.

Our regulatory fee and exchange fees:

DX Feed Commissions:

• Micros: $1.60 total (round trip: open to close)
• Standard: $5.00 total (round trip: open to close)

At FuturesElite, we prioritize enabling traders to access their earnings efficiently, supporting them in reaching their financial objectives. Our payout structure is designed with flexibility and simplicity in mind, ensuring a seamless experience for traders to withdraw their profits.

Payout Requirements for Instant Funded Accounts

For our Instant Futures Accounts at 50K, 100K, and 150K levels, traders become eligible for payouts by meeting specific criteria:

• Trading Days Requirement: Traders must complete at least 7 trading days within a minimum of 14 calendar days.
• 5% Profit Buffer: Traders must achieve a 5% profit buffer before qualifying for withdrawals. This buffer will then serve as the new maximum drawdown limit for the account, enhancing risk management.

5% Profit Buffer per Account Size

• 50K Account: $2,500
• 100K Account: $5,000
• 150K Account: $7,500

Upon meeting the buffer, traders can withdraw profits based on their account size. Additionally, after the third consecutive payout, the profit buffer becomes eligible for withdrawal as well.

Withdrawal Limits

• 50K Account: $2,500 per request
• 100K Account: $3,500 per request
• 150K Account: $4,200 per request

Profits remaining in the account post-payout can be withdrawn again after fulfilling another 7 trading days within a 14-day period.

Trading Day Definitions

To qualify as a trading day:

• 50K Account: Must have a profit of at least $100
• 100K Account: Must have a profit of at least $200
• 150K Account: Must have a profit of at least $300

Additionally, the 20% consistency rule applies, ensuring that no single day’s profit exceeds 20% of total profits for balanced trading.

Payout Requirements for Evaluation Funded Accounts

For Evaluation Accounts, the payout criteria ensure traders demonstrate consistent profitability:

• Trading Days Requirement: Complete 5 profitable trading days within at least 14 calendar days in the funded phase.
• Minimum Profit Requirements:
  • 50K Account: $100 profit per day
  • 100K Account: $200 profit per day
  • 150K Account: $300 profit per day

Once these requirements are met, traders can request a payout if they are in profit. Following a payout request, the maximum drawdown adjusts to the account’s starting balance.

Consistency and Withdrawal Limits

• 40% Consistency Rule: No single trading day’s profit can exceed 40% of total profits.
• Withdrawal Caps per Request on starter accounts:
  • 50K Starter Account: $1,500
  • 100K Starter Account: $3,000
  • 150K Starter Account: $4,500

For Pro Accounts, withdrawal caps are:

• 50K Pro Account: $3,000
• 100K Pro Account: $5,500
• 150K Pro Account: $7,500

These withdrawal limits support a sustainable approach, allowing traders to access profits efficiently.

Key Evaluation Account Features

• Bi-Weekly Payouts: Eligible traders can receive payouts every 14 days after completing 5 profitable days.
• Daily Loss Limits: Traders are protected with daily loss limits, allowing them to stay active even after challenging days.
• Competitive Entry Costs: Our accessible entry points make it easy for traders to start their journey with lower financial barriers.
• No Buffer Zone Requirement: Upon meeting the profitable days requirement, traders can immediately request payouts, with drawdown limits reverting to the starting balance.

With FuturesElite, traders experience a transparent, inclusive environment where success is rewarded and risk management is prioritized. Our structure supports disciplined, consistent trading and efficient access to earnings.

Custom payouts are available in two account types: Instant Accounts and Evaluation Accounts. Each account type has specific payout structures, trading requirements, and profit caps based on the account size.

1. Instant Accounts

For Instant Accounts, payouts are capped based on the chosen account size. Traders must meet the trading day requirements and achieve the 5% profit buffer, which corresponds to the Maximum Loss Limit (MLL) selected during the custom checkout.

Trading Day Requirements: Traders must complete at least 7 trading days within a minimum of 14 calendar days. To qualify as a trading day, the following minimum profits must be achieved:

• $50,000 account: $100 profit.
• $75,000 account: $150 profit.
• $100,000 account: $200 profit.
• $125,000 account: $250 profit.
• $150,000 account: $300 profit.

Additional Conditions:

• A 20% consistency rule applies, meaning no single trading day’s profit can exceed 20% of total profits.

2. Evaluation Accounts

For Evaluation Accounts, payout eligibility focuses on consistent profitability during the funded phase.

Trading Day Requirements: Traders must complete 5 profitable trading days within at least 14 calendar days. The minimum profit required per day depends on the account size:

• $50,000 account: $100 profit per day.
• $75,000 account: $150 profit per day.
• $100,000 account: $200 profit per day.
• $125,000 account: $250 profit per day.
• $150,000 account: $300 profit per day.

Payout Caps: 

After a payout request, the maximum drawdown adjusts to the account’s starting balance.

Additional Conditions:

• After a payout request, the maximum drawdown adjusts to the account’s starting balance.
• A 40% consistency rule applies, meaning no single trading day’s profit can exceed 40% of total profits.

• Each trader is allowed to have a maximum of 5 Funded accounts active at the same time.
• Traders may purchase and attempt as many challenges as they wish.
  • If a trader passes more than 10 challenges, the additional accounts will be queued.
  • If a trader breaches one of their active accounts, an account from the queue will automatically replace the breached one.

thoroughly monitoring and investigating the activities of all our clients. We use a combination of automated systems and manual reviews to analyze various behaviors and ensure compliance with industry standards.

Monitoring and Tracking:

Our automated systems continuously track all activities performed by our traders. This includes monitoring trading behavior, identifying potential cheating, detecting risky or prohibited practices, and overseeing account sharing, IP sharing, and device activity.

Compliance Checks:

We conduct rigorous checks related to KYC (Know Your Customer) and AML (Anti-Money Laundering) practices, as well as detecting money mule activities. These checks are essential for adhering to strict KYC and AML regulations, which are standard in the financial industry.

Manual Review and Verification:

Although initial flagging of suspicious activities is done automatically, our risk department manually reviews and verifies all flagged cases. We prioritize the presumption of honesty and engage with clients to gather additional information when necessary. Decisions are made carefully, based on a comprehensive analysis and sufficient evidence.

Consequences of Fraudulent Activity:

Users found cheating or engaging in fraudulent activities will face serious consequences, including account closure, blacklisting from our services, and the sharing of personal and activity details with relevant authorities.

Our commitment to maintaining a secure and compliant platform is unwavering. We take these processes seriously to protect our community and uphold the highest industry standards.

• Starting Payout Split: All accounts, whether funded or instant funded, start at an 80% payout split.
• You can choose your payout split via the custom checkout options too
• Increased Split After Consecutive Payouts:
  • After 5 consecutive payouts, the split increases to 90%.
  • After 8 consecutive payouts from the start, the split permanently raises to a 100% payout.

Account rolling is a trading approach that closely resembles gambling. In this method, traders purchase multiple trading challenge programs, trade aggressively or recklessly, and hope to succeed with at least some of them. The idea is that whenever they blow up an account due to such aggressive or reckless trading, they can switch to another account and continue the same risky behavior, believing that eventually, their “strategy” will result in a significant profit.

Reasons We Do Not Accept Account Rolling:

• Principles of Sensible Trading:
  Account rolling contradicts the principles of sensible and responsible trading that we promote. It encourages reckless behavior instead of thoughtful and strategic trading, which is crucial for long-term success in futures trading.
• Quality of Trading Data:
  The data generated from aggressive and reckless trading is of little value in developing robust trading strategies. It is challenging for us to utilize such data effectively, which undermines the purpose of our trading challenges.
• Integrity of the Trading Environment:
  While account rolling does not directly impact our servers or other traders, it undermines the integrity of our trading environment. We strive to foster a community of traders who engage in responsible and well-planned trading activities.

Our Commitment:

We are committed to upholding high standards of trading practices and ensuring that our platform supports the growth and success of traders who adhere to sensible trading principles. This is why we have implemented an anti-gambling policy and do not accept account rolling in our futures program. By maintaining these principles, we ensure a fair and productive trading environment for all our users.

After meeting the payout requirements (minimum 14 days), we aim to process and issue payouts within 24 to 72 hours. Following your first payout, you will be moved to bi-weekly payouts.

If we detect any prohibited trading practices, we will take action to maintain fairness for all participants. This may include:

• Account Termination: We reserve the right to terminate any account that violates our policies, immediately and without warning.
• Profit Confiscation: Any profits generated from prohibited practices will be voided.
• Evaluation Review: Passed evaluations will be subject to review, and traders found in violation of our rules may not progress to the next phase.

At FuturesElite, we value fairness, integrity, and transparency. We trust our traders to respect these principles and help us build a thriving community of skilled, responsible traders.

Our goal at FuturesElite is to foster a realistic trading environment that prepares you for live market conditions. Some strategies may seem successful in the simulated environment but would fail in live trading due to factors like slippage, liquidity, and market depth. These rules ensure that traders develop habits and strategies that will serve them well in real-world trading.

When are affiliate payouts made?
All affiliate payouts are processed around the 20th of each month. they can be requested from within the dashboard.

What advertising methods are prohibited for affiliates?
Affiliates are not allowed to use Google Ads, Meta Ads (Facebook, Instagram), Bing Ads, or similar paid advertising platforms.

What advertising methods are encouraged for affiliates?
Affiliates are encouraged to promote through their social media channels, blogs, or websites.

Upon reaching your 4th consecutive payout and providing at least 3 months of trading data, FuturesElite will conduct a thorough analysis of your trading history. Based on this evaluation, we reserve the right to privately invite you to join our exclusive Live Trading Program. If selected, you will be contacted directly with all the necessary details, including account specifications and additional requirements.

What are the benefits of live trading?
Transitioning to live trading comes with several key advantages:

• No Consistency Rules: You can focus solely on trading without adhering to consistency guidelines.
• Weekly Payouts: Enjoy faster, regular access to your earnings.
• Enhanced Opportunities: Direct engagement with the FuturesElite team to help you scale your trading journey.

This program is our way of recognizing and rewarding consistent trading performance with a real-world trading opportunity.

Yes, giveaway accounts follow the same guidelines and rules as all other accounts. The only difference is in the payout cap, which is set at 2%, regardless of the plan or account size.

At FuturesElite, we are dedicated to providing a transparent and fair trading environment where traders can develop their skills and strategies with integrity. We understand that trading in a simulated market differs from live markets, and certain strategies that may seem effective in the simulated environment can lead to poor results in live trading. To maintain the quality and fairness of our program, we’ve outlined clear guidelines on what is acceptable and what is not.

We believe in building a space where traders can grow, learn, and succeed. While we encourage creativity in trading strategies, there are some practices that simply do not align with our mission of preparing traders for real market conditions.

What Is Allowed:

• Variety in Trading Styles: We embrace diverse trading strategies, including day trading, swing trading, scalping (within reasonable limits), Martingale, grid trading, and more.
• Manual Trading: Engaging actively with your trades shows skill and decision-making ability, which we value in our traders.
• Thoughtful Risk Management: We encourage the use of stop losses and other risk management tools to protect your capital. Responsible risk management is the foundation of long-term trading success.

What Is Not Allowed:

• AI and Bots: Fully automated trading using AI or bots is not permitted. We want to see traders applying their skills rather than relying on algorithms to do the work.
• Order Fill Manipulation: Placing multiple limit orders at the same price to manipulate order fills is strictly forbidden. This disrupts the fairness of our environment.
• Exploiting Market Gaps: Attempting to profit from isolated fills in gapped or illiquid markets goes against the spirit of fair trading. We expect traders to avoid taking advantage of these market conditions.
• Account flipping: Any pattern of trading activity involving a payout request, account breach, followed by another payout request, breach, and so on, is not allowed. This is an example of flipping. A trader’s goal should be to reach and maintain a sustainable live account.
• No Slippage Exploitation: Using tight brackets and exploiting the absence of slippage to gain an unfair advantage is prohibited. Trading should mimic real-world conditions as closely as possible.
• Passing Challenges with one trade: Passing a challenge with only one trade is not accepted as it would defeat the purpose of the evaluation itself, you may not pass the challenge with one trade being more than 90% of the profit target.
• Hedging or reverse trading: Hedging and reverse trading cannot be conducted using different accounts, multiple users, or within the same challenge.
• Multiple Countries Access: Traders accessing their accounts from multiple countries (e.g., a trader logging in from the USA and then Vietnam) may be flagged for potential account sharing or unauthorized account management.
• IP sharing: Multiple accounts belonging to different traders using the same IP address is prohibited.
• Copy Trading: Copying trades from other traders’ accounts is prohibited. However, you are allowed to copy trades between your own accounts without any restrictions.
• Collaborative Trading: Coordinating with others to execute the same or opposite strategies across multiple accounts, often known as “Group Trading,” is not allowed. Each trader should trade independently.

We allow various trading strategies, including, grid trading, and Martingale. We do not impose restrictions on your trading style as long as you comply with our general policies.

News Trading Policy

This policy applies specifically to evaluations, custom evaluation accounts and it applies on all accounts phases (challenge and Funded)

Prohibited Activities

•Straddles/Strangles: Employing strategies like straddles/strangles to exploit volatility during news releases is not allowed.

•Disguised News-Based Trades: Masking news-based trades as regular strategies is prohibited.

Trading Rules

1.For Major (Tier 1) News Events:

•All trades must be closed at least 2 minutes before the news release.

•Trades can only be reopened no sooner than 2 minutes afterward the news have ended (also we consider 2 minutes of news duration)

•This policy aims to manage risk and reduce exposure to extreme volatility.

2.For Lower-Impact (Non-Tier 1) News Events:

•If a trade is already open, it does not need to be closed.

•However, initiating new trades just before, during, or immediately after these news events is discouraged, in line with our Standard Trading Protocols, to avoid sudden market movements.

Instant Futures Accounts

•News trading restrictions also apply to Instant Futures Accounts, the restrictions can be removed in the istant custom accounts.

Tier 1 News to Monitor

For All Traders:

•FOMC Meetings

•FOMC Minutes

•Employment Reports

•CPI

For Energy Traders:

•EIA (Energy Information Administration) Reports

For Agricultural Traders:

•Key Agricultural Reports

Adhering to this policy ensures compliance with trading protocols while helping mitigate the risks associated with high-impact news events.

The maximum drawdown is based on your current balance, including any profits, and is always set at -5% of your current balance. For example:

• For a $50,000 account, your initial maximum drawdown is $2,500, meaning your minimum balance is $47,500.
• For a $100,000 account, your maximum drawdown is $5,000, setting your minimum balance at $95,000.
  If you earn $5,000, bringing your balance to $105,000, your new drawdown limit would adjust to $100,000.

What Is the Drawdown Type?
End of Day (EOD): The drawdown policy is based on closed profits at the end of each trading day and follows a trailing system, with the Max Loss Limit set at the account’s starting balance. If the account has a losing day, the drawdown remains unchanged. It only increases after a profitable day. Once enough profits have been accumulated, the drawdown locks at the account’s starting balance.

Account “Buffer Zone” & Thresholds
Each account is created with a standard 5% “buffer zone” to give traders flexibility to establish strategies without being stopped out immediately. This means traders can incur a Max Loss of 5% before the account is disabled.

Max Loss Per Account Examples:

• For a $50,000 account, the Max Loss is $2,500.
• For a $100,000 account, the Max Loss is $5,000.
• For a $150,000 account, the Max Loss is $7,500.

Once a trader earns 5% of their account balance, they become eligible for payouts and can make withdrawals. There is no need to maintain the 5% buffer zone after reaching it—reaching it makes the account eligible for payouts.

Example
If a trader starts with a $150,000 account and, after some successful trading days, earns $15,000, bringing their balance to $165,000, they have reached the buffer zone and are now eligible for payouts. Even if they experience small losses afterward, bringing their balance down to $162,000 after 10 days, they can still request a payout up to the Max Withdraw limit of $4,000.

The Maximum End of Day (EOD) Trailing Drawdown is a dynamic risk management tool designed to protect your profits by adjusting your loss limit only at the close of each trading day. This mechanism locks in gains based on your highest end-of-day balance, offering flexibility to trade during the day without worrying about real-time adjustments to the drawdown.

How It Works:

• The EOD Trailing Drawdown is recalculated at the end of each trading day. If your account balance at the close of the day exceeds any previous end-of-day high, the drawdown adjusts upwards to reflect this.
• The drawdown does not decrease intraday, meaning it stays fixed throughout the day even if your balance drops. It only moves up when a new end-of-day high is reached.
• If a trader successfully completes the 5 minimum profitable trading days before reaching the required profit percentage to adjust the drawdown, the drawdown will still lock at the initial balance, but only after the first payout request.
• Additionally, the trailing EOD drawdown will stop and lock at the initial balance of the challenge after either reaching the maximum drawdown percentage in profits or after the first payout request.

Example:

• For a $50K account with a 6% trailing drawdown:

• • If your account balance reaches $52,300 by the end of the day, the drawdown locks at $50,000, preserving your gains and protecting against further losses.

• For a $100K account with a 3% trailing drawdown:

• • If your balance reaches $103,300, the drawdown locks at $100,000. Even if your balance decreases the next day, the drawdown stays locked at $100,000 until a new high is reached.

Why is the Maximum EOD Trailing Drawdown Important?

• Locks in Profits: This mechanism locks in your highest end-of-day balance, preserving your profits and minimizing potential losses.
• No Intraday Adjustments: The drawdown only adjusts at the end of the trading day, giving you the freedom to trade without intraday restrictions.
• Encourages Long-Term Growth: By focusing on daily performance, this rule promotes steady growth and consistent risk management.

What Happens If You Hit the Maximum EOD Trailing Drawdown?

If your account balance drops below the locked EOD drawdown by the end of the trading day, your positions will be liquidated, and trading will stop for that phase. To resume trading, you will need to reset the account or start a new challenge.

This rule applies to both Evaluation Accounts and Instant Funded Accounts, ensuring that traders have the opportunity to lock in profits while managing their risk effectively.

What is the Daily Loss Limit?

The Daily Loss Limit is a risk management tool that caps the amount you can lose in a single trading day. It’s designed to help you manage risk by preventing significant losses during particularly volatile trading sessions.

This rule is present on Starter Evaluation Accounts only and does not mean that breaching the Daily Loss Limit will cause your account to be disqualified.

How Does It Work?

The Daily Loss Limit sets a maximum amount of loss you can incur during a trading day. If your net losses reach this limit at any point, your account will be automatically liquidated for the rest of the day. This means all open positions will be closed, and you won’t be able to place new trades until the start of the next trading session.

Examples:

• On a $100K account with a $2,000 Daily Loss Limit, if your losses hit $2,000 during the day, your trades will be closed automatically, and trading will be paused until the next session.
• For a $150K account with a $3,000 limit, if losses reach $3,000, the same process will occur, protecting your account from further losses.

Why is the Daily Loss Limit Important?

• It enforces discipline by capping losses, helping you avoid the temptation to chase losses.
• It provides a safety net, ensuring that a bad day doesn’t turn into a catastrophic one.
• It gives you time to step back, review your trading strategy, and prepare for the next day.

What Happens If You Exceed the Daily Loss Limit?

If your losses exceed the Daily Loss Limit during the trading day, your positions will be closed, and your account will be locked from further trading until the next session begins. However, breaching this limit does not disqualify your account—it simply pauses your trading until the following day. This safeguard ensures that you don’t incur further losses and can return with a clear strategy the next day.

Monitoring Your Daily Loss Limit:

You can easily monitor your Daily Loss Limit via your Trader Dashboard, where you’ll see real-time updates on your current P&L. This keeps you informed and helps you manage your trading activities within safe limits.

By following the Daily Loss Limit, you protect your capital, maintain control over your trading, and ensure that you stay in the game for the long term.

While stop losses are not mandatory, we strongly recommend using them in the simulation environment. A stop loss helps protect your virtual capital, limits potential losses, and ensures a predefined exit point. It’s a key element of responsible risk management and promotes disciplined, long-term trading success.

Excessively short holding times will be flagged as High-Frequency Trading (HFT), for instance having multiple 10/15 secs trade history.

If you experience technical issues such as platform outages or data feed disruptions, please reach out to our support team immediately. We will resolve the issue promptly and ensure it does not affect your challenge progress.

FuturesElite is committed to transparency. There are absolutely no hidden rules when you join our program. All essential details are clearly outlined in our FAQ section.

Yes, we have an inactivity rule in place. If your account remains inactive for 29 days without a single trade placed, it will be terminated. This rule ensures active engagement and efficient use of resources.

Details:

To keep your account operational, we encourage regular trading activity. Make sure to open or close at least one trade every 29 days to keep your account active. Unlike a one-time payment, our futures program involves recurring monthly payments, primarily due to market data subscriptions. As long as these payments are made, your account remains active, even if you have not placed any trades.

We incur significant running costs for account maintenance, market data subscriptions, and hosting users on our dashboard servers. Therefore, we ask our traders to remain active or to contact us if they need to pause their accounts for reasons such as health problems, personal reasons, or technical issues.

Account Recovery:

If no contact is made and the account is terminated due to inactivity, it can only be recovered by ensuring that all outstanding payments are up to date. This policy helps cover the ongoing costs associated with maintaining your account.

We appreciate your understanding and cooperation in maintaining active engagement with your account.

For the vast majority of users, we do not copy trades to live funds. However, we reserve the right to hedge certain positions taken by our traders on specific pairs to ensure proper risk management and coverage of trader exposure. Typically, around 5% of traders are A-booked and connected to real capital.

To protect our platform, we implement stringent risk management practices to prevent misuse. Our trading strategies are designed to minimize risk and avoid over-reliance on any single trader, allowing individual traders to execute their strategies while maintaining overall system integrity.

Regarding data usage, we may sell trading data or activities to third-party companies, always in compliance with privacy laws and GDPR regulations. We are committed to ensuring that all data sharing is conducted within strict legal and ethical guidelines.

Once you pass the evaluation, your account will be upgraded within 72 hours. Before the upgrade, you must complete your KYC process. After the upgrade, you’ll be required to sign the funded trader’s contract to start trading on a funded account.

To participate in the Futures Elite Trading Challenge, it’s important to know whether your challenge consists of one or two phases. Each challenge has specific criteria for passing, but all challenges require you to:

1. Achieve the Profit Target
2. Avoid Daily and Total Drawdown
3. Complete the Minimum Trading Days
4. Follow All Trading Rules

You can easily track your progress on your dashboard, which updates live every 60 seconds. To access your trading dashboard, simply go to app.futureselite.com.

We do not operate as a broker nor do we offer our own trading platform. Instead, we partner with reputable third parties to provide our users with access to various trading platforms and data feeds. Currently, we offer Project X as our main platform and are partnered with Plus500 and CTS for brokerage services, as well as CME Group, databento, TradingView, and CQG for data feeds.

We are continuously expanding our offerings and will soon be integrating additional platforms, including Tradovate, Volumetrica, NinjaTrader, QuantTower, and more.

Profit Target is the profit that must be made on the demo accounts we provide for traders. To
be considered profit, all positions in positive must be fully closed, and the balance must update to reach the correct profit target amount.

There is no consistency rule during the challenge phase, but in the simulated funded stage, a 40% consistency rule applies to both the Starter and Pro plans. This means that no single trading day’s profits can be equal to or greater than 40% of your total profits.

Example: If you earn $10,000 in total profits and make $4,500 in one day (more than 40%), you must continue trading and make additional profits until no day’s profit exceeds 40% of the total.
This rule does not breach your account, but you must meet it to withdraw profits.

For Instant Funded Accounts, since there is no evaluation phase in our programs, traders are restricted from exceeding 20% of their total profits in a single trading session.

Each account size has a limit on the number of contracts you can buy or sell at any given time. For example:

• 50K Account: 5 Contracts
• 100K Account: 10 Contracts
• 150K Account: 15 Contracts

These contract limits are available as users make more profit and are subject to our scaling plan.

For our Instant Funded Accounts, the limits are as follows:

• 50K Instant Funded Account: 5 Contracts
• 100K Instant Funded Account: 10 Contracts
• 150K Instant Funded Account: 15 Contracts

Please note that no scaling plan is available for Instant Funded Accounts.

We offer both evaluation accounts and instant funded accounts,

Evaluation accounts:

Instant funded accounts:

The time on our platform server is based on UTC (Coordinated Universal Time). The dashboard’s countdown and 24-hour reset always occur at 23:00 UTC, which corresponds to midnight (00:00) in Central European Time (CET) or Central European Summer Time (CEST), depending on the time of year.

Examples of Different Time Zones:

• UTC (Coordinated Universal Time):
  • Countdown/24-hour reset at 23:00 UTC.
• CET/CEST (Central European Time/Central European Summer Time):
  • The reset is always at 00:00 local time, whether it’s CET or CEST.
• EET/EEST (Eastern European Time/Eastern European Summer Time):
  • The reset is always at 00:00 local time, whether it’s EET or EEST.
• EST/EDT (Eastern Standard Time/Eastern Daylight Time):
  • The reset is always at 17:00 local time, whether it’s EST or EDT.

Summary:

• Local reset times:
  • CET/CEST: 00:00
  • EET/EEST: 00:00
  • EST/EDT: 17:00

These settings ensure that the closing of a daily bar corresponds to the New York trading closing time (17:00 EST/EDT), automatically adjusting for daylight saving time, so the reset always occurs at midnight in your respective time zone.

Here is our scaling plan for evaluation accounts:

• The scaling plan applies only to Evaluation Starter accounts, both in the challenge and Funded stages
• It does not apply to evaluation Pro accounts
• It does not apply to Instant Funded accounts

Trading challenges are structured tasks with specific goals and metrics that traders must complete to advance and obtain simulated live accounts.

We accept all major payment methods. At checkout, you can choose the option that suits you best, including credit cards and cryptocurrency.

Please note that since recurring payments are required for our challenges, we recommend using a credit card. If you prefer to manage payments manually rather than being charged automatically, you will need to carefully monitor your dashboard and renew your payment before the due date.

Once your payment for an evaluation plan is confirmed, you will receive login details via email to access the evaluation.

Please note that due to the instantaneous nature of our program, all sales are final once these login credentials are issued, and refunds will not be provided.

In certain cases, if you contact us early and no trading activity has occurred on your evaluation account, we may consider exceptions. For assistance, please contact our live support team.

The fee serves as a motivation for traders to treat the account responsibly, as intended. It also helps us cover the costs of our website, technology, and the infrastructure that tracks all account movements. Compared to the account size we provide, the fee is minimal and represents the only potential financial commitment for our traders.

For security and compliance reasons, we recommend using a credit card that is registered in your own name. This ensures a smoother payment process and helps avoid potential complications with transactions.

However, if you are using a credit card belonging to a close friend or family member, you may do so with their authorization. In such cases, we may require proof of the cardholder’s consent to ensure the security and integrity of the transaction.

We appreciate your understanding and cooperation in maintaining a secure and transparent payment environment.

All payments made for our challenges are final and non-refundable. This is because your payment covers the technology, trading accounts, and market data subscriptions that we provide to support your trading journey.

We encourage traders to approach the challenge seriously, knowing that the fees contribute to the resources made available to you.

At FuturesElite, we offer essential Level 1 Data free throughout the challenge and sim funded stages, including bid/ask prices, volume, open interest, and time and sales data.

For a more detailed view, Level 2 Data is available as an upgrade for $39/month, providing bid/ask ladders, market depth, and order sizes. You can easily purchase it on your dashboard’s main page.

At FuturesElite, we’ve made the cancellation process simple. Follow these steps to cancel your subscription:

1. Log in to your dashboard.
2. Go to the ‘Billing’ section.
3. Click on ‘Manage Subscription’.
4. Select ‘Cancel Subscription’.
5. Confirm the cancellation.

Before cancelling, review any pending payouts and note that your account remains active until the end of the billing cycle.

If you need help, feel free to contact our support team. We’re always here if you decide to return!

At FuturesElite, we provide the flexibility to purchase unlimited challenges. However, you can maintain a maximum of 5 live accounts at any given time. If you already have 5 live accounts and pass additional challenges, the new account will be activated once you breach or lose one of your existing live accounts.

Accounts cannot be merged. However, you are able to trade multiple accounts simultaneously using our in-house built copy trader. This tool allows you to manage and execute trades across multiple accounts efficiently without needing to merge them.

If you have any questions or need further assistance, feel free to reach out to our support team.

Please note that while you are free to purchase as many accounts as you like, creating multiple accounts through various registrations is not permitted. If we discover identical trading strategies, IP addresses, or wallet connections across accounts, we reserve the right to suspend those accounts in accordance with the terms of our contract.

It is essential to follow our policies to ensure a fair and secure environment for all users. If you have any specific concerns or need clarification, feel free to contact our support team for assistance.

After purchasing your challenge, you will receive two important emails to help you set up and start your trading journey.

Project X: You will find your account details directly in our dashboard

No, there are no daily loss limits on our instant accounts.

Yes, news trading is allowed during major announcements such as FOMC, CPI, and NFP.

We process all payouts through Rise, which offers various methods, including but not limited to bank transfers, cryptocurrency (coins), and others. To see all available methods, please visit riseworks.io.

As a Futures Elite trader, you are considered an independent contractor. This means you are responsible for managing and paying your taxes based on your location and applicable tax laws.

Yes, Futures Elite may offer special incentives or bonuses to traders who consistently perform well in their challenges. Keep an eye on our announcements and promotions for opportunities to earn extra rewards

Currently, FuturesElite offers a maximum of one trial account per user. We do not provide additional free trials. However, we plan to introduce more trial options in the future.

Rest assured that when new trial options become available, we will notify our community promptly through updates and announcements.

FuturesElite (Quantum SRLS) is based in Latina, Italy. Our headquarters are situated in Latina, and we operate in accordance with the laws and regulations of Italy. We proudly serve traders worldwide from our base, providing opportunities and support for traders globally.

No, FuturesElite is not a regulated broker, and we do not take capital from clients or offer investment services.

We are a technology company that provides digital credentials for trading challenges as our primary product. These credentials offer access to demo accounts provided by third-party partner brokers, simulating real market conditions. We analyze, utilize, and may sell the trading data provided by our clients for various purposes, including possible replication in our own trading accounts and sharing with third parties.

We take data security seriously and use industry-standard security measures to protect your personal and financial information. This includes encryption, secure payment processing, and regular security audits.

To stay informed about our latest news, updates, and promotions, you can subscribe to our newsletter or follow us on social media platforms like Facebook, Twitter, or Instagram.

You can reach our customer support team through our contact page, by sending an email to support@futureselite.com, or by using the live chat feature on our website. Our dedicated support team is available to assist you with any questions or concerns.

FuturesElite operates exclusively with virtual capital in all our accounts, which exempts us from regulatory requirements as we do not provide live funds to clients at any time.

We proactively monitor all relevant regulations to ensure we comply with necessary legal standards.

It’s important to note that FuturesElite does not accept deposits from clients and does not offer financial services.