Incremental dynamic analysis and nonlinear static pushover analysis are carried out on a performance-based design to determine the seismic demands and capacities of an elliptic braced moment resisting frame (ELBRF). The objective is to assess ductility, overstrength and response modification factors in a modern steel-braced structural system based on incremental dynamic analysis. This integrated system is connected to a beam and column with an appropriate length while providing enough architectural space to allow for an opening without having the common problems associated with architectural spaces in braced systems. Several different classes of buildings are considered on soil type II. Linear dynamic analysis, nonlinear static pushover analysis and incremental nonlinear dynamic analysis related to 12 records from past earthquakes are carried out using OpenSees software. The factors of ductility, overstrength and response modification are calculated for this system. The values of 9.5 and 6.5 are found and suggested only for the response modification factor for ELBRF systems in allowable stress and ultimate limit state methods, respectively. The fragility curves are plotted for the first time for this type of bracing, which contributes to the assessment of building seismic damage.