Basic Trading Elite Reviews
(Rated by 4 users)
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Payment Methods
- Verified Store VERIFIED
- Free shipping: Orders $50+
- In-store pickup: Ready in 2 hours
- 30-Day Returns
- Gap Good Rewards (4 brands)
Payment Methods
- Tops: $23 - $70
- Bottoms: $27 - $70
- Outerwear: $34 - $70
- Kids: $29 - $75
Overall Rating
5.0
Base on 4 Reviews
Ratings by Feature
Ratings by Feature
- Good Value4.7
- Customer Service5.0
- Return Policy4.5
- Price & Quality4.0
- Shipping & Delivery4.5
Recent Customer Reviews (4)
Toby Abbott
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Johanne Jespersen
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Christine Paulsen
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Iva Durand
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Basic Trading Elite Pricing
trading capital
$10,000 - $300,000
Lux Trading Firm elite package
£1,359 - £1,699
Basic Trading Elite Pros & Cons
Pros
1
Access to significant trading capital, ranging from $10,000 to $300,000, allowing traders to scale their trading.
2
Multiple account types and tariff options tailored to different trading profiles.
3
Profit split model where traders keep 100% of their first $12,500 in profits, then an 80/20 split thereafter, which is relatively generous compared to some prop firms.
4
No restrictions on trading strategies and the ability to trade during news events, providing flexibility.
5
Reset option for maximum drawdown, allowing traders to recover from losses without losing the account.
6
Educational resources, mentorship, and a supportive community foster growth and collaboration among traders.
7
Free 14-day trial period to test services before committing to monthly fees.
8
Partnership referral program offering 15% of monthly fees from referred traders.
9
No Personal Capital Risk: Traders access funded accounts, trading without risking their own money.
10
Incentivized Profitability: Generous profit splits and the ability to keep initial profits fully motivate traders.
11
Flexible Trading Rules: Focus on proving profitability and managing drawdowns without overly complex restrictions.
12
Access to Professional Resources: Experienced team support and advanced technology enhance trading success.
13
Global Accessibility: Expanded availability to traders in multiple countries with promotional offers.
14
Transparent Fees and Terms: Clear and competitive fee structures with flexible funding options.
CONS
1
Profit split after the initial $12,500 can be a point of dissatisfaction, as traders share 20% of profits with the firm.
2
Evaluation and challenge fees, starting around $27, are non-refundable and may be a barrier for beginners or those with limited capital.
3
No demo account or free evaluation option beyond the 14-day trial, which may limit practice opportunities before committing financially.
4
Some traders may find the fee structure and profit sharing less equitable given they generate the profits.
5
The need for careful risk management remains critical, as no trading program guarantees success.
Basic Trading Elite Features and Benefits
Features
Access to significant trading capital ($10,000 to $300,000)
allowing traders to scale their trading
Multiple account types and tariff options
tailored to different trading profiles
Profit split model (100% of first $12,500, then 80/20 or up to 90%)
relatively generous and incentivizing consistent profitability
No restrictions on trading strategies and news trading
providing flexibility
Reset option for maximum drawdown
allowing traders to recover from losses without losing the account
Educational resources, mentorship, and supportive community
foster growth and collaboration among traders
Free 14-day trial period
to test services before committing to monthly fees
Partnership referral program
offering 15% of monthly fees from referred traders
Flexible Evaluation Models (one-step, Diamond Hands)
simple processes and options for overnight holding
Wide Market Access
supports trading in a broad range of futures products (up to 76 instruments)
Advanced Trading Technology
provides state-of-the-art tools and platforms to assist in making informed decisions
Custom Risk Limits
tailored to individual trader performance and account specifics
Daily Payouts
enables traders to receive earnings daily, ensuring steady cash flow
Personalized Support
dedicated teams offer quick feedback and assistance
Bonus and Rewards Programs
includes affiliate commissions, points for spending redeemable for resets or upgrades, and promotional discounts
Account Scaling Opportunities
traders can scale to larger funded accounts with higher profit targets after qualification
No Personal Capital Risk
traders access funded accounts without risking their own money
Flexible Trading Rules
focus on proving profitability and managing drawdowns without overly complex restrictions
Access to Professional Resources
experienced team support and advanced technology enhance trading success
Global Accessibility
expanded availability to traders in multiple countries with promotional offers
Transparent Fees and Terms
clear and competitive fee structures with flexible funding options