Read our full FundedElite review including Challenge types, Drawdown rules, Prohibited Strategies, Payout process, and exclusive discount codes. Updated June 2026.
|Forex|32% OFF
Discount Code
Coupon Code
TTP Trust Score
85/100
Excellent
Profit Split
80%
Payout Speed
On Demand
Max Allocation
$400K
Starting Price
$89
$60.52
32% OFF
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Pros
Cons
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FundedElite is one of the newest prop firms in the trading world, operating since 2023. It offers several types of accounts, such as 1-Step, 2-Step, Lite Account, Flash Activation and Instant Funded accounts, to meet their customers' needs at all trading levels. They offer accounts from $5k to $300k and offer generous scaling options (up to 95% profit split) across Forex, Crypto, Metals, Indices, Commodities, Equities, Futures and Derivatives. Clients can also trade via MT5 or the TradeLocker and they accommodate news trading, weekend holding and multiple types of payouts.
Category | Details |
Company Name | The prop firm name is FundedElite. |
Legal Name | FundedElite’s legal name is Quantum SRL. |
Registration Number | FundedElite’s registration number is 03095010595. |
CEO | The CEO of FundedElite is Christian Habibi. |
Headquarters | The headquarters is located at LATINA, Corso G Matteotti Cap 04100. |
Broker | The broker associated with FundedElite is FundedElite LTD. |
Operating Since | FundedElite has been operating since 2023. |
Account Sizes | FundedElite provides account sizes ranging from $5,000 to $300,000. |
Profit Split | FundedElite offers a profit split of 80% up to 95%. |
Challenge Types | FundedElite offers 1-Step(free second chance), 2-Step(free second chance), Lite 1-Step, Lite 2-Step, Instant Funded and Flash Activation challenges. |
Payout Cycle | FundedElite offers payouts every 14–21 days, depending on the account type. |
Payout Method | The withdrawal methods supported by FundedElite are RISE and Crypto Transfer. |
Trading Platforms | FundedElite supports trading on MT5 and TradeLocker. |
Financial Markets | FundedElite supports trading in Forex, Crypto, Metals, Indices, Commodities, Equities, Futures and Derivatives. |
Max Allocation | FundedElite offers a maximum allocation of $400,000. |
Max Scaling | FundedElite currently does not provide an active scaling plan. |
Trustpilot Score | FundedElite has a 4.6/5 (as of 2025) rating based on 521 reviews. |
Despite FundedElite's relatively new market capture, we have identified a number of advantages that a trader can enjoy trading with it.
Pros | Cons |
Multiple account types and challenges | Some accounts enforce a 60% Consistency Score Rule, which restricts a trader's freedom by penalizing large, single-day profits and requiring profit split across multiple trading days |
Profit splits up to 95% | MT5 accounts are banned only for USA |
Allows news trading and weekend holding | Some high-risk trading strategies are not allowed |
Free retry available on many accounts | Commissions apply on FX, Metals and Energies |
Flexible payout frequency and methods | Limited Max Allocation ($400,000) for high-capital traders (compared to unlimited scaling offered by some competitors) |
FundedElite provides a variety of accounts and different trading styles. Good for beginner and advanced traders who want account sizes from small to unlimited, with free retries. Still, it shares the usual limitations and rules of prop firms.
FundedElite provides various options to cater to the accounts according to trader's objectives. The differences are in the profit target, daily and max drawdowns, leverage, and fees. News trading, weekend holds, and customizable profit splits are available for every account.
Feature | 2-Step Challenge(free second chance) | 1-Step Challenge(free second chance) | Lite 2-Step Challenge | Lite 1-Step Challenge | Instant Funded | Flash Activation |
Account Sizes | $7k to $300k | $7k to$300k | $5k to $300k | $5k to $300k | $7k to $100k | $25k to $200k |
Account Fees (Start From) | $89 to $1,499 | $90 to $1,599 | $19 to $899 | $24 to $1,099 | $159 to $1,489 | $5 to $989 |
Profit Target | Phase 1: 8%, Phase 2: 5% | 12% | Phase 1: 10%, Phase 2: 5% | 12% | Live Phase | 6% |
Daily Drawdown | 5% | 3% | 4% | 3% | 3% | 3% |
Max Drawdown | 8% | 8% | 8% | 6% | 6% | 6% |
Drawdown Type | Static | Static | Static | Static | Trailing Equity | Static (trailing in live) |
Min. Trading Days | 3 or 5 (for 300K accounts) | 3 or 5 (for 300K accounts) | 3 or 5 (for 300K accounts)
| 3 or 5 (for 300K accounts)
| 3 | 1 day (challenge Phase) 3 Profitable Days (in live) |
Max Trading Days | – | – | – | – | – | – |
Leverage | Up to 1:100 | Up to 1:100 | Up to 1:100 | Up to 1:30 | Up to 1:100 | Up to 1:100 |
Stop Loss Rule | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed |
Consistency Score Rule | 60%(for 300K accounts) | 60% (for 300K accounts) | 60% (for 300K accounts) | 60% (for 300K accounts) | – | 30% (only on Live Phase) |
News Trading Allowed | Yes | Yes | Yes | Yes | Yes | Yes |
Profit Split | 80% | 80% | 80% | 80% | 70% | 80% |
Payout Frequency | 14 to 21 days | 14 to 21 days | 14 to 21 days | 21 days | 21 days | 14 to 21 days |
This is a classical model characterized by two-phase evaluation - it offers flexibility while remaining realistic for traders. There is some scaling potential via the evaluation and the drawdown is reasonable.
Account Size | Account Fee | Phase 1 Target (8%) | Phase 2 Target (5%) | Daily Drawdown (5%) | Total Drawdown (8%) |
|---|---|---|---|---|---|
$7,000 | $89 | $560 | $350 | $350 | $560 |
$15,000 | $129 | $1,200 | $750 | $750 | $1,200 |
$25,000 | $219 | $2,000 | $1,250 | $1,250 | $2,000 |
$50,000 | $329 | $4,000 | $2,500 | $2,500 | $4,000 |
$100,000 | $519 | $8,000 | $5,000 | $5,000 | $8,000 |
$8,000 | $989 | $16,000 | $10,000 | $10,000 | $16,000 |
$300,000 | $1,499 | $24,000 | $15,000 | $15,000 | $24,000 |
More streamlined evaluation, one phase of evaluation - best suited for limiting talented, experienced traders seeking expedient funded status, no need for multiple verification phases.
Account Size | Account Fee | Profit Target (12%) | Max Daily Drawdown (3%) | Max Total Drawdown (8%) |
|---|---|---|---|---|
$7,000 | $90 | $840 | $210 | $560 |
$15,000 | $130 | $1,800 | $450 | $1,200 |
$25,000 | $225 | $3,000 | $750 | $2,000 |
$50,000 | $329 | $6,000 | $1,500 | $4,000 |
$100,000 | $569 | $569 | $3,000 | $8,000 |
$200,000 | $1,085 | $24,000 | $6,000 | $16,000 |
$300,000 | $1,599 | $36,000 | $9,000 | $24,000 |
A lower, very affordable version of the double-stepped evaluation, for beginners or traders wanting to evaluate a strategy with a lower commitment for the entry cost.
Account Size | Account Fee | Phase 1 Target (10%) | Phase 2 Target (5%) | Max Daily Drawdown (4%) | Max Total Drawdown (8%) |
$5,000 | $19 | $500 | $250 | $200 | $400 |
$10,000 | $39 | $1,000 | $500 | $400 | $800 |
$15,000 | $59 | $1,500 | $750 | $600 | $1,200 |
$25,000 | $89 | $2,500 | $1,250 | $1,000 | $2,000 |
$50,000 | $199 | $5,000 | $2,500 | $2,000 | $4,000 |
$100,000 | $299 | $10,000 | $5,000 | $4,000 | $8,000 |
$200,000 | $589 | $20,000 | $10,000 | $8,000 | $16,000 |
$300,000 | $899 | $30,000 | $15,000 | $12,000 | $24,000 |
Lite model consists of a one phase of evaluation - it offers a faster fund status versus risk-adjusted total reduced drawdowns.
Account Size | Account Fee | Profit Target (12%) | Max Daily Drawdown (3%) | Max Total Drawdown (6%) |
|---|---|---|---|---|
$5,000 | $24 | $600 | $150 | $300 |
$10,000 | $49 | $1,200 | $300 | $600 |
$15,000 | $69 | $1,800 | $450 | $900 |
$25,000 | $109 | $3,000 | $750 | $1,500 |
$50,000 | $299 | $299 | $1,500 | $3,000 |
$100,000 | $369 | $12,000 | $12,000 | $6,000 |
$200,000 | $729 | $24,000 | $6,000 | $12,000 |
$300,000 | $1,099 | $36,000 | $9,000 | $18,000 |
Get immediate access to a live funded account - no evaluation required. Ideal for traders looking to start getting paid today.
Account Size | Account Fee | Profit Target (12%) | Max Daily Drawdown (3%) | Max Total Drawdown (6%) |
|---|---|---|---|---|
$7,000 | $159 | $840 | $210 | $420 |
$15,000 | $319 | $1,800 | $450 | $900 |
$25,000 | $419 | $3,000 | $750 | $1,500 |
$50,000 | $819 | $819 | $1,500 | $3,000 |
$100,000 | $1,489 | $12,000 | $3,000 | $3,000 |
A quick-access funding model with ultra-low fees and low trading day requirements. A rapid and smooth transition into live trading to support profit first.
Account Size | Account Fee | Profit Target (6%) | Max Daily Drawdown (3%) | Max Total Drawdown (6%) |
|---|---|---|---|---|
$25,000 | $5 | $1,500 | $750 | $1,500 |
$50,000 | $5 | $5 | $1,500 | $3,000 |
$100,000 | $5 | $6,000 | $6,000 | $6,000 |
$6,000 | $5 | $12,000 | $6,000 | $12,000 |
FundedElite offers a wide range of features; you should be easily able to find a challenge that fits your style. Free retries and varied payout options are helpful for risk-averse traders. Support multiple markets and support news trading and weekend holding accounts with a more experienced strategy.
FundedElite uses straightforward drawdown rules - it’s all in favor of the traders and for the firm as well! Max daily drawdown is in equity or balance, depending on the type of account. Accepts news-based trading across most accounts.
FundedElite also has a fully customizable checkout experience, where traders can choose their drawdown plan, leverage package, payout interval & other challenge settings before buying.
FundedElite offers raw spreads and $3 per lot round-trip on FX, Metals and Energy. Another 0% trading commission asset class. This also makes trading costs clear and predictable.
FundedElite accesses multiple markets. Traders can choose from:
FundedElite offers a wide range of strategies and some high-risk practices are not permitted.
Trading Strategy | Details |
|---|---|
Copy Trading | Allowed on all accounts |
News Trading | Allowed on all accounts |
Weekend Holding | Allowed (Its on Weekend trading, that you need the add-on) |
EAs | Only supportive EAs are allowed |
VPN/VPS | Allowed |
Martingale | Allowed |
Grid Trading | Allowed |
HFT / High-Frequency Scalping | Not allowed |
Hedging | Not allowed |
Account Sharing | Not allowed |
IP Sharing | Not allowed |
Account Rolling | Not allowed |
Latency Arbitrage | Not allowed |
Server Spamming | Not allowed |
Right now, FundedElite does not have an active scaling strategy. Traders need to expect their accounts to grow naturally.
FundedElite currently accepts Crypto (Confirmo) and Card payments (Stripe). Withdrawals are available in Crypto or RISE. Payouts are done on an account-type basis, but traders can choose their preferred payout frequency, typically from as fast as 3 days up to 21 days.
FundedElite limits trading in certain countries:
FundedElite is a solid option for traders who are seeking multiple account types, unlimited retries and variable profit splits. The company offers a wide variety of tradable instruments and makes it possible for traders to take some complex strategies (e.g. news trading, weekend holding). While there are a few limitations and no scaling plan is active, FundedElite’s clear rules and transparent fee structure make it beginner-friendly and trustworthy. With account sizes from $5k up to $300k, traders can trade at their own pace. All in all, FundedElite is a good option for traders looking for professional-level trading opportunities with strict rules.
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FundedElite
Trust Score: 85/100 · 4.3
