FundedElite Review 2026
CFD / ForexEst. 2023Italydata verified Aug 9, 2026#14 of 16 CFD / Forex firms · Reviewed by Ayub Rana, CA
Verdict
Our verdict on FundedElite
Draft: pending reviewUpdated
Squad score
Trustpilot: rating restricted
What makes up that score
- Pricing & value
- 3.0
- Rules fairness
- 3.7
- Payout reliability
- 3.5
- Support
- 3.9
- Platforms
- 3.4
Scored by Ayub Rana against our published methodology.
FundedElite offers 1-step, 2-step, Lite, and instant accounts from $5K to $300K, with 2-step pricing from $89 (7K) to $1,499 (300K) and budget Lite 2-step entries from $19; note that fees vary with the leverage and parameter options chosen at checkout. Standard challenges use static drawdowns (5% daily, 8-10% maximum) with an 80% profit split that can reach 95%, while instant accounts run a trailing equity drawdown at a 70% base split. Payouts are bi-weekly (roughly every 14-21 days) via Rise or crypto, 3 minimum trading days apply, and news trading is permitted within the firm's strategy rules.
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- News trading allowed
- EAs allowed
- No consistency rule
- 3 minimum trading days
- Weekend holding allowed
Pros & Cons
FundedElite pros & cons
The strengths and trade-offs our editors weigh when scoring this firm.
What traders like
- Static drawdown on the 2-step programme, 5 percent daily and 8 percent total, so the loss limits do not move with equity.
- Weekend holding of open positions is explicitly allowed by the help centre.
- Copy trading between a trader's own accounts is allowed, and Expert Advisors can be enabled on request.
- Profit split, phase 1 profit target and FX leverage are all selectable at checkout rather than fixed.
- A named Italian legal entity, Quantum SRL, with a registration number is published in the terms.
What to watch
- No broker or liquidity provider is named anywhere on the site, help centre or terms.
- No executive is publicly named by the firm.
- Positions must be held at least 3 minutes, or 30 seconds with the paid scalping addon, or they are flagged as high frequency trading.
- The terms and the help centre conflict on Expert Advisors: the terms prohibit third party EAs, scripts and bots, while the help centre says EAs can be enabled on request.
- The firm states in its terms that it does not operate under regulation and that trading is simulated.
- Crypto payouts are capped at 500 USD gross per payout cycle, and both Rise and crypto transfers carry fees deducted from the payout.
Pricing
FundedElite challenge pricing
Every account size and step count FundedElite sells, with targets and drawdown limits in one table.
| Program | Account size | Price | Profit target(s) | Max daily loss | Max drawdown | Drawdown type | Split | Refundable |
|---|---|---|---|---|---|---|---|---|
| Lite 2-Step 5KCheapest | $5,000 | $19 | — | — | — | — | — | No |
| 1-Step 7K | $7,000 | $90 | — | — | — | — | — | No |
| 2-Step 7K | $7,000 | $89 | — | — | — | — | — | No |
| Lite 2-Step 25K | $25,000 | $190 | — | — | — | — | — | No |
| 2-Step 25K | $25,000 | $219 | — | — | — | — | — | No |
| Lite 2-Step 50K | $50,000 | $475 | — | — | — | — | — | No |
| 2-Step 50K | $50,000 | $438 | — | — | — | — | — | No |
| Lite 2-Step 100K | $100,000 | $899† | 8% / 5% | 4% | 8% | Static | 95% | No |
| 2-Step 100K | $100,000 | $750‡ | 8% / 5% | 5% | 8% | Static | 95% | No |
| 2-Step 300K | $300,000 | $1,499 | — | — | — | — | — | No |
Read the fine print
- †Price not published on any FundedElite page we could load. This is a separate programme from the standard 2-Step, with different limits: daily loss limit is 4 percent rather than 5 percent, and there is NO free retry, so a breach in either phase loses the account outright. Max loss limit selectable at 6, 8 or 10 percent, 8 percent is the standard setting. Phase 1 target selectable at 6, 7, 8, 10 or 12 percent; the 8 percent recorded here is our reference point, not a firm stated default. Phase 2 target fixed at 5 percent. Profit split selectable at 60, 70, 80 or 95 percent. MIXED DRAWDOWN REFERENCE: the firm states the max loss limit is STATIC but the daily loss limit is referenced to end of day equity or balance. drawdownType records the max loss limit only. Offered in 5K, 15K, 25K, 50K, 100K, 200K and 300K, the cheapest entry size on the site. Each phase needs 3 trading days with positive P&L of at least 0.5 percent. FUNDED STAGE DIFFERS: the live phase has no profit target and requires only 3 trading days.
- ‡Price not published on any FundedElite page we could load. Checkout is fully configurable, so a single list price may not exist: phase 1 profit target is selectable at 6, 7, 8, 10 or 12 percent, max loss limit at 5, 6, 8, 9 or 10 percent, profit split at 60, 70, 80 or 95 percent, FX leverage at 1:30, 1:50 or 1:100, plus optional scalping and weekend trading addons. The 8 percent phase 1 target recorded here is our reference point, not a firm stated default. Phase 2 target is fixed at 5 percent. Daily loss limit is fixed at 5 percent, max loss limit 8 percent is the standard setting. Offered in 7K, 15K, 25K, 50K, 100K, 200K and 300K. FUNDED STAGE DIFFERS: after phase 2 the account moves to a live phase with no profit target at all, requiring only 3 trading days. SECOND CHANCE: a free retry restarts from phase 1 with the daily loss limit tightened from 5 to 3 percent, the phase 1 minimum daily P&L raised from 0.5 to 1 percent, and the profit split permanently cut to 50 percent for all future payouts. The live phase carries no second chance.
Rules
FundedElite rules, explained
The rules that actually get traders breached: what they are and how this firm sets them.
| Rule | FundedElite | Why it matters |
|---|---|---|
| Drawdown type | Hybrid | Trailing drawdown follows your equity peak and is the #1 cause of surprise breaches; static drawdown is fixed from starting balance and far more forgiving. |
| Consistency rule | Being verified | Caps how much of your total profit can come from a single day. A strict cap can delay or void payouts for traders with a few big wins. |
| News trading | Allowed | Some firms void trades placed around high-impact news releases, which is critical if you trade NFP, CPI, or rate decisions. |
| Expert advisors (EAs) | Allowed | Determines whether automated strategies and copiers are permitted, and whether an EA can get your account flagged. |
| Minimum trading days | 3 days | The floor on how fast you can pass a phase, which matters if you trade infrequently or want to pass quickly. |
| Weekend / overnight holding | Allowed | Swing traders need positions to survive the Friday close. Where holding is barred, open trades are closed for you and gaps cannot be traded. |
| Copy trading | Allowed | Decides whether you can mirror one strategy across several accounts. Most firms that allow it restrict it to accounts you own yourself. |
| High-frequency trading | Not allowed | Firms police latency arbitrage and tick scalping hard, and an HFT breach is one of the most common reasons a passed account is voided. |
We track every rule change FundedElite makes and log it here with dates and sources. No changes recorded yet.
Payouts
FundedElite payout data
Advertised terms plus what we can verify from dated community payout proofs.
- Profit split
- 95%
- Payout frequency
- every 14-21 days
- Avg. payout time (tracked)
- Collecting proofs
- Payout methods
- Bank transfer, Crypto, Other
- First payout after
- 21 days
How the split scales
Profit split is chosen at checkout from 60, 70, 80 or 95 percent. Instant Funded accounts pay the first payout at 70 percent and then move to the selected split from the second payout onwards. Accounts advanced through the Second Chance feature are capped at 50 percent regardless of the split originally selected.
We publish payout-speed distributions from dated community proofs rather than trusting advertised numbers. FundedElite's tracker goes live once we have enough verified data points.
Trust & Company
Is FundedElite legit? Trust & company facts
Who runs FundedElite, how long they have operated, and what independent review platforms say. Check availability for your country below.
| Established | Nov 12, 2023 |
|---|---|
| Headquarters | Italy |
| Ways to pay | Credit / debit card, Bank transfer, Crypto |
| Registered entity | Quantum SRLItalian VAT register (P.IVA) 03095010595 |
| Trustpilot score | Restricted by Trustpilot (see notice above) |
| Squad score | 3.5/5 across 5 criteria |
| Max allocation | $400K |
| Status | Listed |
| Data last verified | Aug 9, 2026 |
Official websiteTrustpilot profileCommunity Discord
Platforms & Conditions
Platforms, assets & trading conditions
The platforms FundedElite supports, the markets you can trade, and the leverage and commissions that set the real cost of a strategy.
Platforms
- MT5
- Match Trader
Assets
- Forex
- Indices
- Metals
- Energy
- Crypto
- Stocks
Program types
- Instant funding
- 1-step
- 2-step
Maximum leverage
| Asset | 2-step |
|---|---|
| Forex | 1:30 |
Leverage caps your position size, so it decides which strategies fit this firm at all. Some firms reduce it once you are funded.
Commissions
| Asset | Cost per trade |
|---|---|
| Forex | 3 USD per lot |
| Indices | 0 USD |
| Metals | 3 USD per lot on gold and silver; 0 USD on platinum and palladium |
| Energy | 3 USD per lot on oil; 0 USD on natural gas |
Commission is the recurring cost of trading here, charged on every lot whether the trade wins or loses. It matters most if you scalp or trade high volume.
FAQ
FundedElite: frequently asked questions
Short, direct answers to what traders ask most before buying a challenge here.
Is FundedElite legit?
FundedElite has operated since 2023, scores 4.3/5 across 180 trader reviews on our platform. We track its rules, payouts and Trustpilot trend continuously and flag any firm that stops paying traders.
How much does a FundedElite challenge cost?
Challenges start around $19 for the smallest account size. See the pricing table above for every size and step count.
What profit split does FundedElite offer?
FundedElite pays funded traders up to 95% of profits.
How fast does FundedElite pay out?
FundedElite pays every 14-21 days.
Does FundedElite have a promo code?
Yes — code PFSQUAD gives 50% off (exclusive to PropFirmSquad). See the promo page for terms and expiry.
What trading platforms does FundedElite support?
FundedElite supports MT5, Match Trader.
What is the maximum funding at FundedElite?
FundedElite advertises up to $400,000 in trading capital through account scaling.
Alternatives
Alternatives to FundedElite
Top-rated firms traders compare against this one.
| Metric | FundedElite | The5ers | Hola Prime |
|---|---|---|---|
| Squad score | 3.5/5 | 4.3/5 | 4/5 |
| Trustpilot | — | 4.7/5 | 4.5/5 |
| Max funding | $400K | $4M | $800K |
| Profit split | 95% | 80% | 80% |
| Cheapest challenge | $19 | $19 | $9 |
