Firm Intel & Review
FundedElite Technical Infrastructure
FundedElite, based in Italy and established in November 2023, is a CFD proprietary trading firm offering Instant, 1-Step, and 2-Step programs. The firm holds a review score of 4.3 out of 5 based on 66 reviews and is notable for its Free Retry Model, allowing traders to retry failed evaluations at no additional cost. A coupon code (NEW50) delivers 50% off applicable challenges. Account sizes range from $10,000 to $300,000 across the full program lineup.
The Standard Free Retry 2-step program is listed at $25,000 for $109.50 (original $219.00) and $100,000 for $259.50 (original $519.00). The Lite Challenge 1-step spans four sizes: $10,000 at $24.50 (original $49.00), $25,000 at $54.50 (original $109.00), $100,000 at $184.50 (original $369.00), and $300,000 at $549.50 (original $1,099.00). The Lite Challenge 2-step is offered at $50,000 for $99.50 (original $199.00). The Instant Funded account is available at $100,000 for $744.50 (original $1,489.00). Flash Activation Challenge accounts at $25,000 and $200,000 are available for $5.00 each. Payments are accepted via Credit/Debit Card, Crypto, and Revolut Pay.
Two platforms are supported: MT5 and TradeLocker. Tradable instruments include FX, Metals, Indices, Energy, and Crypto. Leverage is 1:100 for FX across all program types, and 1:10 for Metals, Indices, and Energy across all types. Crypto is capped at 1:2. News trading is permitted, particularly for swing traders, but not in combination with HFT, hedging, or arbitrage strategies. Weekend holding is permitted, with positions allowed to be held from Friday close to Monday open. Full weekend trading requires an add-on. An inactivity threshold of 29 days applies; at least one trade must be placed every 29 days.
The Standard program carries an 80% profit split. Instant accounts start at 70% with subsequent adjustments available. The first payout is available after 21 days, with subsequent payouts every 14 days. Payouts are processed within 24 to 72 hours. Minimum withdrawal is $30 for standard accounts, with no minimum for Flash Activation accounts. Crypto payouts are capped at $500 per transaction. Giveaway accounts are subject to a 2% payout cap. Payout methods are Crypto and Riseworks. Copy trading is permitted only within the trader's own accounts and across different brokers or prop firms, provided no hedging or offsetting positions are involved.
FundedElite enforces a minimum trade duration of 3 minutes on funded accounts. A scalping add-on reduces this threshold to 30 seconds. Frequent short trades during evaluations may be accommodated, but during the funded stage they trigger a soft breach and account reset. On funded accounts, traders may not risk more than 50% of the daily loss limit on a single instrument in the same day. HFT, high-frequency scalping, hedging, account rolling, account sharing, latency arbitrage, and server spamming are all prohibited. Grid trading and martingale are banned when used for manipulation or over-leveraging. Fully automated EAs, public scalping bots, and martingale/grid bots are prohibited; EAs that assist personal trading or serve as a strategy base are permitted.