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$250K Elite
The challenge
| Target | Profit target | Max daily loss | Max drawdown |
|---|---|---|---|
| Evaluation | $25,000 | None No daily loss limit on Elite; the plan card shows Daily Loss Limit N/A. | $13,500 |
Evaluation fee refunded on funding. Reset fee $1000. Drawdown type EOD trailing. Under the live SUMMERLAST promotion the displayed profit target is reduced by 50% (to $12,500); the value recorded here is the standing, non-promotional target.
Good to know
Payout rules
Sim-Funded withdrawals are capped: only profits above the 7% buffer are eligible, a trader may withdraw up to 50% of the available profit above the threshold, and the lifetime Sim-Funded withdrawal cap is 7% of the initial account size. Hitting that cap triggers a risk-manager review for the Live environment and blocks activation of any new funded account. The Live environment has no withdrawal maximum. Per-plan Instant Funding payout caps are published as $1,000 (25k), $2,000 (50k) and $3,000 (100k); the $500k Instant account caps Sim-Funded withdrawals at $15,000 and the $1M Elite at $30,000. min_withdrawal is left null because the firm publishes two contradictory answers, see verification.conflicts. profit_split is left null for the same reason. The Sim-Funded Account Rules article contains an internal arithmetic error, stating a '$5,000 (10% of account size)' payout cap on a $50,000 account in the same article that states the cap is 7% ($3,500) three times.
Trading rules
SCOPE NOTE, futures-only programmes are NOT included in challenges[] because no rendered pricing card for them was observed this session. The firm publishes two additional futures-only product lines whose rules differ from the equities plans above. Elite Futures is a 1-phase plan with no daily loss limit, a 40% evaluation consistency rule and a 100% split on the first $10,000 then 90/10, published at 25k drawdown $1,500 target $1,500, 50k $2,000/$3,000, 100k $3,000/$6,000 and 150k $4,500/$9,000, with payouts eligible after 5 profitable trading days and then daily, and no activation fees. Futures Foundation is a 2-step static-drawdown plan at 25k targets $1,250/$875 drawdown $1,000 DLL $500, 50k $2,500/$1,750 drawdown $2,000 DLL $1,000 and 100k $5,000/$3,500 drawdown $4,000 DLL $2,000, on a 90/10 split. The SPA bundle additionally carries futures-only price arrays (Elite Futures $94/$128/$197/$434 and Foundation Futures $70/$91/$124/$158/$200) whose 25k Elite Futures drawdown and target disagree with the help-centre article, so those plans are deliberately withheld pending a rendered-card check. The Rithmic futures add-on is priced by account size at $70 (25k), $90 (50k), $110 (75k), $130 (100k), $150 (125k), $200 (250k), $120 (500k) and $250 (1M); it is mandatory and not removable on the $1M Elite. The same 10% intraday capital usage rule applies to futures margin, and positions held overnight are subject to a 5% usage rule.