FundedElite
FundedElite is a simulated prop-trading/evaluation company founded in 2023. It offers one- and two-step evaluations, instant-funded products, customizable challenges and newer products such as Flash Activation and Catalyst. The firm's current website advertises account sizes reaching $400K and profit splits up to 95%. FundedElite explicitly states that it operates using virtual/simulated capital rather than providing live investment capital to customers, and says it is not a regulated broker or financial-services provider. The company currently claims $1.7M paid out and more than 50,000 traders on its website. These are company-reported figures and should not be treated as independently audited.
PropFirmsPromo Rating
7.1/10
Based on our 5-factor rating system
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Our 5-Factor Rating
7.5
/10
Platform & Tech
Trading platforms offered, technology infrastructure, and execution speeds.
6.5
/10
Rules & Flexibility
Drawdown types, consistency rules, holding over weekends, and EA allowances.
7.0
/10
Payouts
Speed, frequency, and reliability of the profit split withdrawals.
7.5
/10
Trading Conditions
Spreads, commissions, slippage, and overall execution quality.
7.0
/10
Customer Support
Responsiveness, helpfulness, and availability of support channels.
Key Information
Starting Price
$5Account Sizes
$25000 - $300000Profit Split
Up to 95%Payout Frequency
First payout in 14 days (customizable to 7 days or 21 days), then every 7 daysMarkets
Future & derivatives, Equities, Forex, Indices, Commodities, Metals, CryptocurrenciesPlatforms
MetaTrader 5, Trade LockerTrustpilot
7.1/10Challenges & Pricing
| Account Size | Profit Target | Max Drawdown | Daily Drawdown | Price | Your Price |
|---|---|---|---|---|---|
| $25,000 | - | 6% | 3% | $499 | $499 |
| $50,000 | - | 6% | 3% | $899 | $899 |
No time limit Weekend holding allowed News trading allowed
Highlights
- No time limit on challenges
- Up to 95% profit split
- Fast payouts (3 days)
- Trade up to $400,000
- Scale your capital easily
Rules & Payouts
Rules Overview
Eval TypeInstant Funding, 1-Step, 2-Step
Min Trading Days5 days
EA / BotsN/A
Copy TradingAllowed
News TradingAllowed
Weekend HoldingAllowed
Payouts
Profit SplitUp to 95%
Payout FrequencyFirst payout in 14 days (customizable to 7 days or 21 days), then every 7 days
Min PayoutN/A
Payment MethodsCrypto, Rise
Payout on ChallengeN/A
Payout Speed3 days
Trading Conditions
LeverageN/A
SpreadsN/A
CommissionsN/A
PlatformsMetaTrader 5, Trade Locker
InstrumentsFuture & derivatives, Equities, Forex, Indices, Commodities, Metals, Cryptocurrencies
Countries ServedN/A
Frequently Asked Questions
Yes, with conditions. The current Terms prohibit opening trades around major macroeconomic events in circumstances classified as gap trading. Therefore, this should not be published simply as an unrestricted “news trading allowed” rule.
Yes, holding is allowed, but opening/closing trades during Saturday/Sunday is prohibited unless the Weekend Trading add-on is purchased.
Yes, but only as supporting tools. EAs cannot independently execute the strategy or implement automated martingale, grid or public scalping systems. Hidden/non-communicated EAs can result in termination.
Yes, but FundedElite requires traders to notify the firm beforehand so the IP can be associated with the account. Unreported VPN/VPS use can produce a soft breach.
Yes, but the firm asks traders to notify it before travel and provide proof such as a flight ticket, reservation or booking.
No as a general practice. The Terms prohibit copy trading between accounts unless specifically authorized. Account management and third-party trading are also prohibited.
Not as unrestricted hedging. The Terms prohibit simultaneous opposite positions across accounts, while the risk system can flag coordinated/linked positions.
No. Martingale-style strategies are specifically restricted, including when implemented through EAs.
Not as an automated/prohibited strategy. FundedElite specifically prohibits automated grid systems and treats exploitation-style strategies as prohibited.
Normally 3 minutes. The scalping add-on reduces this to 30 seconds. Trades below the threshold can constitute a soft breach in the funded stage.
The funded account normally remains open, but the payout can be processed at a 30% profit split, the payout cycle resets, and repeated violations can eventually lead to account reset or profit forfeiture.
Yes. During the funded stage, traders cannot risk more than 50% of their daily loss limit on one instrument during the same day. For a 5% DLL, that means no more than 2.5% risk on one instrument.
IP changes can occur, but shared IPs and coordinated account activity are prohibited. VPN/VPS use should be declared in advance.
Yes. KYC through Veriff is required before payouts and is also required before activation of an Elite account.
No. FundedElite explicitly says it is not a regulated broker and operates simulated trading programs rather than providing regulated investment services.
A hard breach can result in disqualification, account closure and forfeiture of accumulated profits.
It depends on the product. For example, Instant Standard has a consistency rule while Instant Elite does not. Large $300K accounts also have additional consistency requirements.
Restrictions differ by platform. The current official list includes the US, Russia, Iran, Iraq, Syria, Turkey, Algeria, Kenya, Somalia, North Korea, Cuba, Lebanon, Libya, Crimea and certain Ukrainian regions, among others.
The current website advertises payout schedules as fast as 3 days, but actual processing depends on product eligibility and approval. The payout FAQ states that once approved, bank transfers generally take 1–3 days and crypto can arrive within hours.
Yes. The Custom Challenge product allows traders to choose parameters such as profit target, maximum loss, payout schedule and profit split, with advertised splits reaching 95%.