Trust & Reliability
Editorial Summary
Funded Elite is a modern proprietary trading firm that provides traders with access to funded accounts through flexible evaluation programs, including one-step, two-step, and instant funding models. Traders can access capital of up to $300,000, benefit from profit splits of up to 95%, and trade across multiple asset classes using platforms like MT5. Founded in 2023, the firm focuses on fast payouts, simple rules, and flexible trading conditions designed to support consistent, disciplined trading.
Funded Elite is a modern proprietary trading firm offering highly customizable funding programs across Forex, indices, commodities, crypto, and CFDs. The firm differentiates itself through flexible challenge configurations, customizable profit splits, payout schedules, leverage settings, and its popular free retry options. Traders can access funding through traditional evaluations, low-cost Lite accounts, or instant funding models.
Challenge Accounts & Pricing
Funded Elite offers multiple challenge types, including 2-Step, 1-Step, Lite Accounts, Instant Funding, and Flash Activation accounts. Account sizes range from $5,000 up to $300,000 depending on the program.
2-Step Challenge
| Account Size | Starting Fee |
|---|---|
| $7,000 | $89 |
| $25,000 | $219 |
| $100,000 | $519 |
Rules
- Phase 1 Profit Target: 8%
- Phase 2 Profit Target: 5%
- Daily Drawdown: 5%
- Maximum Drawdown: 8%
- Minimum Trading Days: 3
- Profit Split: 80% (customizable up to 95%)
- Free Retry Available on selected plans
1-Step Challenge
| Account Size | Starting Fee |
|---|---|
| $7,000 | $95 |
| $25,000 | $225 |
| $100,000 | $569 |
Rules
- Profit Target: 12%
- Daily Drawdown: 3%
- Maximum Drawdown: 8%
- Minimum Trading Days: 3
- Profit Split: 80% (up to 95%)
Lite Accounts
Designed as a lower-cost alternative for traders seeking affordable access to funded accounts.
Lite 2-Step
- Profit Targets: 10% / 5%
- Daily Drawdown: 4%
- Maximum Drawdown: 8%
- Fees start around $39-$89 depending on account size.
Instant Funding
For traders who want to skip evaluations entirely.
- No evaluation phase
- Daily Drawdown: 3%
- Maximum Drawdown: 6%
- Initial profit split starts at 70% and can increase based on account settings
- Account sizes from $7,000 to $100,000.
Funding & Payouts
Funded Elite allows traders to customize profit splits between 60% and 95%, one of the highest payout ranges in the industry. Payout schedules can be configured from every 3 days to every 21 days depending on the account setup. The firm states that payout requests can be processed within 48 hours, and its website reports more than $2.5 million in trader payouts.
Trading Conditions
Funded Elite supports:
- MetaTrader 5
- Match-Trader
- Forex, indices, commodities, crypto, and CFDs
- News trading allowed
- Weekend holding available
- Leverage up to 1:100 depending on configuration
- 24/7 support
- Free retry options on selected accounts
Final Verdict
Funded Elite stands out for its flexibility. Traders can customize profit splits, payout frequencies, leverage, and challenge parameters to suit their trading style. The firm offers a broad range of account types, including low-cost Lite challenges and instant funding solutions, making it attractive to both newer and experienced traders. Its combination of customizable evaluations, fast payout options, and multiple funding pathways makes Funded Elite one of the more flexible prop firms currently available.