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Prop firm review

FundedElite

4.3/ 5 on Trustpilot· 762 reviews
89/100

Challenges from

$5

$25,000 account

FundedElite is a newer CFD firm (founded 2023, Italy) on MT5 and TradeLocker, with an unusually cheap entry from $5. Its 1-Step, 2-Step and Lite accounts use a static max loss; only Instant Funded trails — so pick one of those for a fixed line. The offer stacks 35% off with a 95% split, weekly payouts and a free account on reaching payout (excl. 200K/300K). Trust 86, 4.3★. Compare the plans below and confirm the live rules before buying.

Good to know before you buy

  • Drawdown — The 1-Step, 2-Step and Lite accounts use a static max loss; only Instant Funded trails. Confirm the exact plan before buying.
  • Consistency rule — Instant Funding, Instant Catalyst and Flash funded plans cap your best day at 30% of total profit (removable add-on); 300K accounts use a 60% rule.
  • News trading only under conditions
  • EAs / bots only under conditions
  • Minimum 1 trading day

Founded

2023

Steps

1/2-step, Instant

Profit target

3% / 8%

Profit split

up to 80%

Daily DD

4%

Max DD

8%

Pros

  • Clear breakdown of pricing, drawdown and payout rules
  • Multiple account sizes available
  • Links to the firm’s official site

Cons

  • Always confirm current rules on the firm’s official site
  • Only Instant Funded trails — but confirm your exact plan before buying
  • Younger firm (founded 2023), so a short track record
  • The free-account perk excludes the 200K and 300K accounts

Challenge programs & pricing

2-Step

2 Steps
Target P1
10%
Target P2
5%
Daily DD
4%
Max DD
8%
Drawdown
unknown
Profit split
up to 80%
Payout
First payout after 21 days, then every 14 days
News trading
unknown
AccountPrice
$5,000$39
$10,000$55
$25,000$89
$100,000$299

PT:DD 1:0.53. 95% split / weekly payouts via the current offer.

1-Step (12% target)

1 Step
Target P1
12%
Daily DD
4%
Max DD
6%
Drawdown
unknown
Profit split
up to 80%
Payout
Standard 21 days (customizable 3/7/14)
News trading
unknown
AccountPrice
$25,000$109
$100,000$369

PT:DD 1:0.5.

1-Step ($5 promo, 3% target)

1 Step
Target P1
3%
Daily DD
3%
Max DD
6%
Drawdown
unknown
Profit split
up to 80%
Payout
Every 14 days
News trading
unknown
AccountPrice
$25,000$5
$50,000$5
$100,000$5
$200,000$5

Flat $5 promotional 1-step. PT:DD 1:1.5.

Key firm rules

News trading
Allowed (good for swing traders) but not for HFT or hedging across accounts.
Expert Advisors (EAs)
Only risk-management/charting tools are allowed; fully automated EAs aren't.
Copy trading
Allowed between accounts you own, even across platforms.
Martingale / Grid
Allowed as long as it isn't used to over-leverage or risk your whole daily loss limit.
Minimum hold time
3 minutes per trade, dropping to 30 seconds with the scalping add-on.
Weekend holding
Allowed; crypto over the weekend needs the add-on (otherwise a hard breach).
VPN / VPS
Allowed, but you must notify support first.
Inactivity
Place at least one trade every 29 days.

Payout & scaling

Profit split
80% standard, selectable from 60/70/80/95% at checkout; Catalyst scales from 80% to 95%.
Payout frequency
First payout after 21 days, then every 14 days (configurable 3/7/14/21 days).
Minimum payout
$30.
Catalyst scaling
A funded ladder that doubles the account on each target from $25K up to $1M.

Company & payments

CEO
Christian Habibi
Founded
November 2023
Broker / liquidity
FundedElite Ltd
Tradable assets
Metals, Indices, Energy, Crypto
Payment methods
Card, Crypto
Payout methods
Crypto, Riseworks
Restricted countries (14)

Algeria, Cuba, Iran, Iraq, Kenya, Lebanon, Libya, North Korea, Russia, Somalia, Syria, Turkey, United States, Crimea, Donetsk & Luhansk (Ukraine).

FundedElite FAQ

How much does a FundedElite challenge cost?

The cheapest FundedElite evaluation we track is $5 for a $25,000 account. Larger account sizes cost more — the full price table on this page lists every size we verified (last checked 2026-06-26).

What profit split does FundedElite pay?

Up to 80% of profits go to the trader, with payouts standard: 21 days.

What are FundedElite's drawdown rules?

Maximum drawdown is 8% and the daily loss limit is 4%.

Does FundedElite use a trailing or static drawdown?

The 1-Step, 2-Step and Lite accounts use a static max loss; only Instant Funded trails. Confirm the exact plan before buying.

Does FundedElite have a consistency rule?

Yes. Instant Funding, Instant Catalyst and Flash funded plans cap your best day at 30% of total profit (removable add-on); 300K accounts use a 60% rule.

Does FundedElite allow news trading?

Only under conditions — FundedElite restricts trading around news events. Check the exact restriction on their site before trading news (last checked 2026-06-26).

Can I use EAs or trading bots at FundedElite?

Only under conditions — automated trading is restricted at FundedElite. Confirm your setup is allowed before running it (last checked 2026-06-26).

Does FundedElite have minimum trading days?

Yes — 1 trading day minimum before you can pass or withdraw, depending on the program. The program cards above list per-program values where they differ.

Is FundedElite legit?

FundedElite has operated since 2023. We track its pricing and rules against official sources (status: partially verified (last checked 2026-06-26)). As with any prop firm: only pay a fee you can afford to lose, and verify the current rules on the firm's own site.

Is there a FundedElite discount code?

Yes — we keep the current FundedElite offer and any working code on our FundedElite discount page, updated with verified pricing. View the FundedElite offer →

From

$5