Independent trader reviews, ratings and payout experiences for Funded Elite.
Broker:Fundedelite LTD
Platform:
MT5Match Trader
Payment Methods:
BTBank TransferCDCredit/Debit CardCRCrypto
Payout Methods:
CRCryptoRiseworks
Instruments and Assets
Type of InstrumentsCFD
Assets
IndicesFXEnergyMetalsCrypto
Maximum Allocation$400K
Leverage
FX1:30
Crypto1:2
Energy1:10
Metals1:10
Indices1:10
Commissions
FX$3 round trip total
CryptoNo commission
Energy$3 round trip total
Metals$3 round trip total
IndicesNo commission
Consistency Rules
Best day ≤25% (Instant Standard), ≤30% (Flash/Catalyst, removable add-on), ≤60% (all 300K accounts); Strategy Risk Limit (funded only) caps 50% daily loss on single instrument same day.
Firm Rules
1 Step Lite | 1 Step Standard + Free Retry: Evaluation: 3 profitable days at 1% Funded: 3 trading days
2 Step Lite | 2 Step Standard + Free Retry: Evaluation: 3 profitable days at 0.5% Funded: 3 trading days
Flash Activation Challenge: Evaluation: 1 trading day Funded: 3 profitable trading days of 0.5% profit each day
4 Profitable trading days of 0.5%: All 300k 1-Step Lite, 1-Step Standard, 2-Step Lite & 2-Step standard accounts have 5 minimum trading days instead of the standard 3 P&L requirements for the single trading day are dictated by the specific account type selected
Use of EAs (Expert Advisors): Only expert advisor that helps with risk management, graphs, and other trading tools that serve as a base for your trading ideas and strategies are Allowed. EAs that trade automatically or rely on automated strategies (e.g., martingale, grid, or public scalping bots like gold scalpers) are not allowed. Your EA must assist your manual trading, not replace it. If any unauthorized or hidden EA use is detected, the challenge may be terminated.
Grid Trading: Placing buy and sell orders above and below a specific price is allowed as long as it is not used for market manipulation, over-leveraging, creating market instability, or pursuing risk-free profits.
Copy Trading: Copy trading is permitted between accounts you own, even across different platforms. To use a trade copier, you must request that EAs be enabled on your account
Martingale: Allowed as long as it does not involve over-leveraging (risking all your daily loss in a single pair/direction) and is not used by shared EAs.
News Trading: Allowed, especially for swing traders, but not for high-frequency trading (HFT) or hedging between different accounts for risk-free profits or account passage.
Inactivity Rule: 29 days inactivity period, make sure you place at least 1 trade in 29 days to keep your account active. You can pay a fee to cover the associated costs and reactivate the account. (40% of the original account's price without any coupons applied).
Strategy Risk Limit (Funded Stage Only): You cannot risk more than 50% of your daily loss limit on a single instrument in the same day. See details: https://faq.fundedelite.com/en/articles/12682106-strategy-risk-limits
Prohibited Trading strategies: IP sharing, Strategy Risk Limits, HFT and High-Frequency Scalping, Weekend Trading, Hedging, Account Rolling, Account Sharing/any passing service, Latency Arbitrage, Server Spamming & Gambling See details: https://faq.fundedelite.com/en/collections/16305172-what-is-prohibited-with-us
Soft Breach Violations: Scalping rule, IP Adress flags and Hedging flags. Violation results to: reduction in profit split to 30%. Payout Cycle for refundable fee will be reset. Persistent violation will result to account reset and profit forfeited. See details: https://faq.fundedelite.com/en/articles/13868489-what-is-considered-a-soft-breach
Minimum Trade Duration Rule: All trades must be held for at least 3 minutes to prevent high-frequency or prohibited trading behavior. Minimum holding times falls to 30 seconds if the scalping addon has been selected when purchasing the account.
Evaluation: Soft Breach: If scalping is an isolated incident and the total profits stay under the scalp limit on the trader's dashboard, the account is simply reset to try again. Hard Breach: If scalping profits exceed the scalp limit on the trader's dashboard or violations are consistent throughout the challenge, the account will be terminated.
Funded: Minor Violation: Any trade held under the minimum hold time (3 mins or 30s with addon), either profitable or in loss, results in a reduced profit split for that payout period. Major Violation: If scalping profits exceed the scalp limit on trader's dashboard, your account is reset, and all current profits are forfeited Each case will be evaluated individually by the team.
VPS/VPN Usage Rule: You may use a VPS or VPN, but you must inform support@fundedelite.com before doing so.
2 Step Standard + FREE RETRY Second chance modifications: The account in second chance starts again from phase 1 of the challenge and the DLL reduces from 5% to 3%. Only in phase 1 second chance, the minimum P&L required to successfully complete a trading day goes from 0,5% to 1%. The profit split reduces to 50% for all future payouts.
1 Step Standard + FREE RETRY Second chance modifications: The account in second chance starts again from phase 1 of the challenge, the MLL reduces from 8% to 6% and Profit target reduces from 12% to 10%. The profit split reduces to 50% for all future payouts.
Instant Catalyst: The Catalyst is a single-stage instant funded account with no evaluation phase. Starting at 80% profit split, each approved payout doubles the account size with an increased split, scaling up to $1,000,000 at 95% profit split.
Starting Sizes: $25,000: Six doublings between you and the top of the ladder. $50,000: Five doublings between you and the top. Both paths arrive at the same destination ($1M / 95%). Each new account is a clean slate: fresh balance, fresh drawdown limits, fresh profit target.
Minimum Profitable Trading Days: 5 profitable trading days, each with a positive PnL of at least the stage's minimum PnL threshold: 25K — $150 50K — $250 100K — $350 200K — $450 400K — $650 800K — $850 1M — $1,000
Resets (Safety Net): One paid reset available per stage, a breach doesn't send you back to the start Reset re-provisions the account at the same stage with the original starting balance Up to 6 resets across the full ladder starting from $25K, or 5 starting from $50K Previous stage wins are preserved $25K: NA | $50K: $890 | $100K: $1,290 | $200K: $1,790 | $400K: $2,490 | $800K: $3,390 | $1M: $4,790
Payout Policy
80% split (70% first on Instant, 50% on Second Chance); 14-day cycle after 21-day first (Instant/Lite 21-day cycle, Catalyst 7-day after 14-day first); $30 minimum; customizable splits (60/70/80/95%) and frequencies (3/7/14/21 days) at checkout.
Payout★★★★★
Support★★★★★
Rules★★★★★
Platform★★★★★
Restricted Countries
AlgeriaCubaIranIraqKenyaLebanonLibyaNorth Korea◎Regions of Ukraine: Crimea, Donetsk, and LuhanskRussiaSomaliaSyria◎TurkeyUnited States of America
Profile data
Structured company facts are summarized from public sources and rewritten for PropFirmCheckup. Always confirm time-sensitive trading terms directly with the firm.
Italy
Algeria
Cuba
Iran
Iraq
Kenya
Lebanon
Libya
North KoreaRegions of Ukraine: Crimea, Donetsk, and Luhansk
Russia
Somalia
SyriaTurkey
United States of America