Firm Overview
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No broker / Simulated environment
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MT5
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TradeLocker
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Match Trader
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Crypto
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Card
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Google Pay
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Apple Pay
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Rise
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No information
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Simulated
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Simulated
About FundedElite
FundedElite is a rising prop firm that lets traders scale from 80% to 95% profit split — a ceiling that beats FTMO’s 90% and matches FundingPips. Comparison traffic usually arrives from searches for FundedElite vs FTMO or vs FundingPips, specifically on split and processing speed.
Five programme types — 1-Step, 2-Step, Lite 1-Step, Lite 2-Step, and Instant Funding — give FundedElite more variety than FTMO’s single path, comparable to FXIFY. The firm’s 4.5 Trustpilot rating with 280+ reviews and confirmed payout history provides the trust layer that smaller new entrants often lack. 24-hour processing on bi-weekly cycles with no withdrawal limits outperforms most bi-weekly competitors.
For traders searching FundedElite vs FTMO, FundingPips, or The Funded Trader, the selling points are the 95% split ceiling and confirmed payout reputation without the premium pricing of incumbents.
Instruments
Key Strengths & Limitations
Pros
- 4.5 Trustpilot rating with 280+ reviews and confirmed payout history
- Five program types cover every trader profile: 1-Step, 2-Step, Lite 1-Step, Lite 2-Step and Instant Funding
- Profit split scales to 95% (highest tier) with dynamic scaling from 80% starting point
- 24-hour payout processing advertised and confirmed in trader reviews
- Bi-weekly withdrawal cycle with no withdrawal caps
- Static drawdown rules during evaluation — favourable for risk management
- Automated second chance feature on all challenges — free reset under defined conditions
- Italy-registered entity (Quantum SRLS, Latina) provides jurisdictional traceability
- Three-platform support (MT5, TradeLocker, Match Trader) — wider coverage than most mid-tier firms
- Multiple fiat rails (Stripe, Google Pay, Apple Pay) alongside crypto — unusual for the prop firm category
Cons
- Only 3 years of operating history — shorter track record than tier-1 firms
- Not regulated (standard for prop firms but worth flagging)
- Max account allocation $300K is mid-tier — below FTMO and The5ers scaling ceilings
- US traders accepted only on TradeLocker and Match Trader — MT5 is blocked for US residents
- Extended restriction list including Turkey and Kenya is wider than most competitors
- Five distinct programs can be confusing for new traders
- HFT, tick scalping, grid/martingale and one-sided betting banned across all programs
- Daily loss limit as tight as 3% on 2-Step Phase 1
- Lite programs carry reduced profit split ceiling
- Smaller brand recognition compared to aggregator-favourite firms
Program Comparison
| Criteria | 1-Step | 2-Step | Lite / Instant |
|---|---|---|---|
| Account Sizes | $5,000 – $300,000 | $5,000 – $300,000 | $5,000 – $300,000 |
| Time Limit | None | None | None |
| Profit Target | 10% | 6% + 5% | Varies |
| Max Loss (Daily / Total) | 5% / 8% static | 3–4% / 6–8% static | Trailing on Lite |
| Profit Split | 70–95% (scaling) | 80–95% (scaling) | 60–90% |
| Leverage | — | — | — |
| Payout Frequency | On-demand (3–21 days) | On-demand (3–21 days) | On-demand (3–21 days) |
| Copy Trading | — | — | — |
| Platforms | MT5, TradeLocker | MT5, TradeLocker | MT5, TradeLocker |
Firm Rules
FundedElite offers five program variants with dynamic scaling and structured strategy restrictions.
Capital & Scaling
- Max account allocation $300K per trader via dynamic scaling plan
Profit Split
- Starts 60–80% depending on program, scales up to 95%
Drawdown
- Daily loss: 3–5%
- Max total loss: 6–10% (static drawdown on standard programs)
- No overall time limit
Strategies & Automation
- News trading restricted on some variants
- EAs allowed if not fully automated
- HFT, tick scalping, grid/martingale and one-sided betting banned
Payouts
- Bi-weekly withdrawals with 24-hour processing
- Automated second-chance feature grants a free challenge reset under defined conditions
Note: Lite programs have looser rules but lower profit splits than standard variants.
Payout Policy
Profit Split
- Scales to 95% — one of the highest tiers in the industry.
Frequency
- Bi-weekly cycle (every 14 days).
Methods
- Standard crypto and bank transfer options.
Processing Time
- 24-hour processing with no withdrawal limits.
Note: Dynamic scaling from 80% to 95% based on performance tier.
Restricted Countries
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USA (MT5 accounts only)
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Iraq
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Cuba
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Iran
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North Korea
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Lebanon
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Libya
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Russian Federation (MT5 & Match Trader)
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Algeria
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Syria
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Turkey
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Kenya
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Somalia
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Myanmar (Match Trader only)
Frequently Asked
Questions
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What programs does FundedElite offer?
FundedElite offers five program types: 1-Step, 2-Step, Lite 1-Step, Lite 2-Step and Instant Funding. 1-Step and 2-Step are the standard evaluation routes, Lite variants are lower-cost versions with adjusted rules, and Instant Funding gives live capital from day one.
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What is the maximum funding on FundedElite?
Maximum trader allocation is $300K via the dynamic scaling plan, which grows the account balance through consistent payouts and sustained performance.
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How fast are FundedElite payouts?
FundedElite advertises 24-hour payout processing on a bi-weekly cycle (every 14 days) with no withdrawal limits. Methods include crypto (Confirmo), Stripe card, Google Pay, Apple Pay, Zen and Riseworks.
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Can US traders use FundedElite?
US traders are accepted on TradeLocker and Match Trader accounts but blocked on MT5 due to platform licensing restrictions. Check the checkout page for current US eligibility per program.
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Is FundedElite regulated?
No. FundedElite operates as a proprietary trading firm and is not regulated as a broker — standard for the prop firm category. The legal entity is Quantum SRLS, registered in Latina, Italy. Funds provided are virtual evaluation capital, not client deposits.