FundedElite
2649CEOChristian Habibi
Country
Italy
Trust Pilot0.0
Date CreatedNov 2023
Years in Operation2
4.3
102 Total reviews
5
53
4
36
3
10
2
1
1
2
NEW OFFER
0% OFF
FundedElite
4.3★★★★★★102+
Promo CodeNo Offer
Firm Overview
Broker
CFD prop trading firm using external platforms
Payment Methods
Credit/Debit Card Crypto
Platforms
MT5TradeLocker
Payout Methods
Crypto Riseworks
Instruments and Assets
Instrument Type
CFD Available Assets
Energy FX Crypto Indices Metals Leverage
| Assets | Instant | 1-Step | 2-Steps | 3-Steps |
|---|---|---|---|---|
| FX | 1:100 | 1:100 | 1:100 | n/a |
| Metals | 1:10 | 1:10 | 1:10 | n/a |
| Indices | 1:10 | 1:10 | 1:10 | n/a |
| Energy | 1:10 | 1:10 | 1:10 | n/a |
| Crypto | 1:2 | 1:2 | 1:2 | n/a |
Commissions
FX
$3 round trip total
Metals
$3 round trip total
Indices
No commission
Crypto
No commission
Other Commodities
No Commissions
Consistency Rules
- Instant Funding: Your best trading day’s profit cannot exceed 30% of your total profits during payout (removable with add-on during checkout). ,Flash Activation (Funded only): Your best trading day’s profit cannot exceed 30% of your total profits during payout. ,60% Consistency Rule on all 300K accounts: No single trading day can exceed 60% or more of the total profits.
Firm Rules
- Minimum Trading Days: For 1 Step Lite and 1 Step Standard + Free Retry, the evaluation requires 3 profitable days at 1% and the funded stage requires 3 trading days. For 2 Step Lite and 2 Step Standard + Free Retry, the evaluation requires 3 profitable days at 0.5% and the funded stage requires 3 trading days. Flash Activation Challenge requires 1 trading day in evaluation and 3 profitable trading days of 0.5% profit each day in funded. Instant Funding funded accounts require 3 profitable days at 0.5%. All 300K accounts have 5 minimum trading days instead of the standard 3, and profit and loss requirements for a single trading day depend on the specific account type selected. Allowed Rules: Use of EAs is allowed only when they assist with risk management, charts, or tools that support manual trading ideas and strategies; fully automated or shared EAs such as martingale grids or public scalping bots are not allowed and may cause termination if used secretly. Grid trading is allowed as long as it is not used for market manipulation, over-leveraging, creating instability, or seeking risk-free profits. Copy trading is permitted between accounts owned by the same trader, even across different platforms, provided EAs are enabled by request. Martingale strategies are allowed if they do not over-leverage or use shared EAs. News trading is allowed mainly for swing trading but not for high-frequency trading, cross-account hedging, or risk-free account passing. Weekend holding is allowed but weekend trading is not, and positions can only be held from Friday close to Monday open unless weekend trading is enabled with an add-on. Inactivity Rule: There is a 29-day inactivity period, and traders must place at least one trade within 29 days to keep accounts active; inactive accounts can be reactivated by paying 20% of the original account price before coupons. Strategy Risk Limit in the funded stage prohibits risking more than 50% of the daily loss limit on a single instrument in the same day, with further details posted in the FAQs. Prohibited strategies include IP sharing, strategy risk limit abuse, high-frequency scalping, weekend trading abuse, hedging between accounts, account rolling, account sharing or passing services, latency arbitrage and server spamming, with details in the FAQ. Soft breach violations such as scalping rule breaches, IP address flags and hedging flags can reduce profit split to 30%, reset the payout cycle for refundable fees, and persistent violations can lead to account reset and loss of profits. Minimum Trade Duration requires all trades to be held for at least 3 minutes, or 30 seconds if the scalping add-on was purchased; in evaluation, minor breaches may reset the account while major breaches terminate it, and in funded accounts minor breaches cut the profit split for that payout period while major breaches reset the account and forfeit profits, with each case reviewed individually. VPS/VPN use is allowed but traders must inform support in advance. Second chance modifications for 2 Step Standard + Free Retry restart from phase 1 with the daily loss limit reduced from 5% to 3%, raise the required profit per trading day in phase 1 from 0.5% to 1%, and cap future profit splits at 50%. Second chance modifications for 1 Step Standard + Free Retry restart from phase 1 with the maximum loss limit reduced from 8% to 6% and cap future profit splits at 50%.
Payout Policy
- Standard Profit Splits: The usual profit split is 80%. Instant Funding accounts have a first profit split of 70% which then adjusts to the split chosen from the second payout onward. Second chance accounts are capped at a 50% maximum profit split regardless of the original choice. Standard Payout Frequencies: The first payout is available after 21 days, with subsequent payouts every 14 days. Instant Funding and Lite 1 Step accounts have a standard payout frequency of 21 days. Customizable at checkout: Traders can choose profit splits of 60%, 70%, 80% or 95%, and payout frequencies of 3, 7, 14 or 21 days, though the first payout remains at 21 days. The minimum payout amount is 30 dollars, except for Flash Activation Challenge accounts which have no minimum payout requirement. Payouts are processed via Rise and Crypto, with a maximum of 500 dollars via crypto. Giveaway or free accounts have a payout cap of 2% of the account. Transition to Live Trading: After demonstrating consistent performance on a funded demo account, the team reviews trading history and risk management and may privately invite the trader to move to a real live account, with details in the FAQ. Scaling Plan: The scaling plan and its conditions are described in detail in the FAQ article linked on the page.
Restricted Countries
Restricted Countries
Algeria Cuba Iran Iraq Kenya Lebanon Libya North Korea Crimea (region of Ukraine) Donetsk (region of Ukraine) Luhansk (region of Ukraine) Russia Somalia Syria Turkey United States of America