FundedElite
FundedElite is a premier proprietary trading firm offering Instant Funding, 1-Step, and 2-Step evaluation programs. With capital funding up to $1,000,000, competitive spreads, profit splits up to 95%, and access to MT5 and Match-Trader platforms, FundedElite empowers global traders to scale their trading skills effectively.
Firm Overview
Instruments and Assets
Payout Policy
• Profit Split: Standard profit split starts at 80% and can scale up to 95% based on account scaling, challenge type, or custom add-ons selected at checkout. Second chance / retry accounts feature a 50% profit split, while instant funding accounts start at 70% before adjusting to the chosen split.
• Payout Frequency: The standard first payout is requestable after 21 days, with subsequent payouts processed every 14 days. Payout frequency can be customized at checkout down to 3 or 7 days.
• Minimum Payout: $30 minimum withdrawal requirement across standard accounts (No minimum payout requirement for Flash Activation accounts).
• Payout Methods & Limits: Payouts are delivered via Rise (Riseworks) and Cryptocurrency (USDT, BTC, etc., capped at $500 max per crypto payout). All open trades must be closed prior to submitting a payout request.
Trading Conditions
Platform details, leverage, spread, and commission
By instrument
| Asset | MT5 | MatchTrader |
|---|---|---|
| Forex | 1:30 | 1:30 |
| Metals | 1:10 | 1:10 |
| Indices | 1:10 | 1:10 |
| Crypto | 1:2 | 1:2 |
Spread and fee summary
Supported platform list
Firm Rules
Key rules and guidelines for traders
• Profit Targets:
- 1-Step Models: 10% profit target (12% for Standard Free Retry, reduced to 10% on Second Chance).
- 2-Step Models: 8% Phase 1 target, 5% Phase 2 target.
- Instant / Catalyst Models: No evaluation required.
• Loss Limits (Drawdown Rules):
- Maximum Overall Loss: 8% on 1-Step models, 10% on 2-Step models, and 6% on Instant models.
- Daily Loss Limit: 4% for 1-Step models, 5% for 2-Step models, and 3% for Instant models.
• Minimum Trading Days:
- Evaluation Phase: 3 profitable trading days (minimum 0.5% or 1% gain per day depending on model).
- Funded Stage: 3 active trading days required prior to requesting payouts.
• Minimum Trade Duration:
- Positions must be held for a minimum of 3 minutes (reducible to 30 seconds with the Scalping Add-on).
• Holding & Weekend Rules:
- Weekend holding is allowed (trades held from Friday close to Monday open).
- News trading is allowed for swing strategies.
• Inactivity Policy:
- Accounts expire if inactive for 29 consecutive days without opening a position.
• Strategy Risk Cap (Funded Accounts):
- Traders cannot risk more than 50% of their daily loss limit on a single instrument on the same day.
Consistency Rules
• Profit Consistency Rule (Payout Stage):
- Instant Standard Accounts: A single trading day cannot account for more than 25% of your total realized profits at the time of payout.
- Instant Catalyst & Flash Activation Accounts: A single trading day cannot exceed 30% of total profits (removable via checkout add-on).
- 1-Step & 2-Step Accounts: A 60% daily profit consistency rule applies to 300K accounts and standard evaluation plans.
• Minimum Trade Duration:
- Positions must be held for a minimum of 3 minutes.
- Holding trades under 3 minutes is flagged as a soft breach (removable down to 30 seconds via the Scalping Add-on at checkout).
• Strategy Risk Cap (Funded Accounts):
- Maximum Open Risk: Traders cannot risk more than 50% of their allowed daily loss limit on a single instrument within the same trading day.
• Lot Size & Trading Style Consistency:
- Martingale, high-frequency arbitrage, public scalping bots, or grid-trading algorithms are strictly prohibited. Automated EAs are permitted only as manual trading assistants.
Restricted Countries
Countries where this firm does not operate
DZ
CU
IR
IQ
KE
LB
LY
KP
RU
SO
SY
TR
UA
USFrequently Asked Questions
Common questions about this prop firm
What challenge types does FundedElite offer?▾
FundedElite offers three main evaluation models: 1-Step Evaluation: Reach a single profit target (standard: 8% or 10% depending on configuration) to get funded. 2-Step Evaluation: Pass Phase 1 and Phase 2 with set profit targets to reach the funded stage. Instant Funding: Skip evaluation challenges and gain immediate access to a simulated/funded account.
What trading platforms are supported?▾
FundedElite typically operates via Match-Trader and MT5 platforms
What are the drawdown limits?▾
Daily Loss Limit (DLL): Set as a fixed or trailing percentage based on account type (typically 3%–5%). Maximum Loss Limit (MLL): Overall account drawdown cap (typically 6%–10%). Exceeding this triggers an account breach.
What is the Minimum Trade Duration Rule?▾
Trades must be held for at least 3 minutes. If you purchase the Scalping Add-on, the required hold time drops to 30 seconds. Violation: Closing trades too early may result in profit deductions (minor violation) or account reset/termination (major/repeated violation).
What is the Consistency Rule?▾
During payout requests, your best trading day's profit cannot exceed 30% of your total profits (a Consistency Add-on can be purchased at checkout to waive this restriction).
What are the profit split and payout schedule?▾
Standard Profit Split: 80% (Instant Funding starting split is 70% for the first payout, increasing thereafter). Payout Schedule: First payout after 21 days, subsequent payouts every 14 days.
What is the "Free Retry" (Second Chance) feature?▾
FundedElite offers a free retry if you breach certain account conditions, placing you in a modified retry account: 2-Step Retry Modifications: DLL is adjusted to 3%, and profit split for future payouts becomes 50%. 1-Step Retry Modifications: Profit target drops to 10%, MLL is set to 6%, and profit split becomes 50%.
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