FundedElite Review
FundedElite is a prop trading firm operated by Quantum SRL from Latina, Italy, and its About page dates the project to 2023. It sells instant funding plus 1 Step and 2 Step challenges from $19, traded on MT5 and Match Trader.
Markets
Platforms
-
MT5
-
Match Trader
- Programs across Instant Funding, 1 Step and 2 Step
- 10
- Cheapest challenge
- $19
- Max. allocation
- $400K
- Daily loss limit
- 3% to 5%
Programs and Prices
10 programs, with the price at every account size.
Instant Funding
2 programs, 7K to 400K| Program | 7K | 15K | 25K | 50K | 100K | 200K | 300K | 400K | Trade |
|---|---|---|---|---|---|---|---|---|---|
| Instant 70% first payout, then 80% (95% from payout 3 with add on) split, no profit target, 3% daily loss, 14% trailing equity max loss | $120 | $150 | $190 | $390 | $890 | $1,690 | Not offered | Not offered | Trade now |
| Instant Elite 70% first payout, then 80% (95% from payout 3 with add on) split, no profit target, 3% daily loss, 6% to 14% trailing equity max loss | Not offered | Not offered | Not offered | $890 | $1,490 | $2,600 | $3,900 | $5,200 | Trade now |
1 Step Evaluation
5 programs, 5K to 400K| Program | 5K | 7K | 10K | 15K | 25K | 50K | 100K | 200K | 300K | 400K | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Atom 80% default (70% or 100% selectable) split, 8% target, 4% daily loss, 6% trailing equity max loss | Not offered | $29 | Not offered | Not offered | $70 | $145 | $289 | $519 | Not offered | Not offered | Trade now |
| Lite 80% default (up to 95% selectable) split, 12% target, 3% daily loss, 14% static max loss | $49 | Not offered | $65 | $69 | $109 | $229 | $369 | $729 | $1,099 | Not offered | Trade now |
| Free Retry 80% default (up to 95% selectable) split, 12% target, 3% daily loss, 14% static max loss | Not offered | $95 | Not offered | $130 | $225 | $329 | $569 | $1,085 | $1,599 | Not offered | Trade now |
| Flash Activation (pay after you pass) 80% default (up to 95% selectable) split, 6% target, 3% daily loss, 6% static max loss | Not offered | Not offered | Not offered | Not offered | $164 | $334 | $504 | $994 | $1,504 | $2,004 | Trade now |
| Catalyst 80%, up to 95% split, 8% per stage target, 3% daily loss, 5% to 6% trailing max loss | Not offered | Not offered | Not offered | Not offered | $499 | $899 | Not offered | Not offered | Not offered | Not offered | Trade now |
2 Step Evaluation
3 programs, 5K to 300K| Program | 5K | 7K | 10K | 15K | 25K | 50K | 100K | 200K | 300K | Trade |
|---|---|---|---|---|---|---|---|---|---|---|
| Atom 80% default (up to 95% selectable) split, 8% Step 1, 5% Step 2 target, 3% daily loss, 10% static max loss | Not offered | $19 | Not offered | Not offered | $59 | $114 | $215 | $409 | Not offered | Trade now |
| Lite 80% default (up to 95% selectable) split, 10% Step 1, 5% Step 2 target, 4% daily loss, 14% static max loss | $39 | Not offered | $55 | $59 | $89 | $199 | $299 | $589 | $899 | Trade now |
| Free Retry 80% default (up to 95% selectable) split, 8% Step 1, 5% Step 2 target, 5% daily loss, 14% static max loss | Not offered | $89 | Not offered | $129 | $219 | $329 | $519 | $989 | $1,499 | Trade now |
Rules at a Glance
Daily and maximum loss limits for each program, as the firm sets them. The full rules below say how each limit is measured and what happens if one is broken.
| Program | Type | Account sizes | Profit split | Profit target | Daily loss limit | Max loss limit | From |
|---|---|---|---|---|---|---|---|
| Instant | Instant Funding | 7K to 200K | 70% first payout, then 80% (95% from payout 3 with add on) | None | 3% | 14% trailing equity | $120 |
| Instant Elite | Instant Funding | 50K to 400K | 70% first payout, then 80% (95% from payout 3 with add on) | None | 3% | 6% to 14% trailing equity | $890 |
| Atom | 1 Step | 7K to 200K | 80% default (70% or 100% selectable) | 8% | 4% | 6% trailing equity | $29 |
| Lite | 1 Step | 5K to 300K | 80% default (up to 95% selectable) | 12% | 3% | 14% static | $49 |
| Free Retry | 1 Step | 7K to 300K | 80% default (up to 95% selectable) | 12% | 3% | 14% static | $95 |
| Flash Activation (pay after you pass) | 1 Step | 25K to 400K | 80% default (up to 95% selectable) | 6% | 3% | 6% static | $164 |
| Catalyst | 1 Step | 25K and 50K | 80%, up to 95% | 8% per stage | 3% | 5% to 6% trailing | $499 |
| Atom | 2 Step | 7K to 200K | 80% default (up to 95% selectable) | 8% Step 1, 5% Step 2 | 3% | 10% static | $19 |
| Lite | 2 Step | 5K to 300K | 80% default (up to 95% selectable) | 10% Step 1, 5% Step 2 | 4% | 14% static | $39 |
| Free Retry | 2 Step | 7K to 300K | 80% default (up to 95% selectable) | 8% Step 1, 5% Step 2 | 5% | 14% static | $89 |
FundedElite rules in full
Max DD Type
Static on 1 Step Free Retry (8% default), 2 Step Free Retry (8%), 1 Step Lite (6%) and 2 Step Lite (8%), with other levels selectable at checkout; trailing equity on Instant and Instant Elite (6%), Catalyst (6% at $25K, 5% from $50K) and Flash Activation funded accounts (6%); 2 Step Atom 10% static and 1 Step Atom 6% trailing equity; retry accounts use reduced limits. The checkout currently shows a 14% maximum loss as an included offer on 1 Step, 2 Step, Lite, Instant, Instant Elite up to $200K and Catalyst accounts
Daily DD Type
Evaluation and Catalyst accounts measure from the higher of the previous end of day balance or equity: 3% on 1 Step Free Retry, 1 Step Lite, 2 Step Atom, Flash Activation and Catalyst, 4% on 1 Step Atom and 2 Step Lite, 5% on 2 Step Free Retry (3% on retry); Instant accounts use 3% from the highest intraday equity
News Trading
Allowed, excluding high frequency trading and hedging between accounts
EAs/Copy
EAs allowed only as support tools (risk management, trade confirmation, position sizing); fully automated, martingale, grid and public scalping EAs not allowed. Copy trading allowed only from accounts the trader owns, with EAs enabled by the team for trade copiers. Minimum holding time 3 minutes, or 30 seconds with the scalping add on. Funded traders may not risk more than 50% of the daily loss limit on one instrument per day
Holding Restrictions
Overnight and weekend holding allowed; placing orders during the weekend needs the weekend trading add on
Consistency Rule
None on 1 Step and 2 Step challenges up to $200K; 60% on all $300K challenges; 25% on Instant; none on Instant Elite; 30% on Flash Activation funded accounts (can be disabled at a higher price); 30% on Catalyst (can be removed at checkout); 50% on 1 Step Atom accounts and on funded 2 Step Atom accounts
Minimum Trading Days
3 profitable days per challenge phase (0.5% of balance on 2 Step plans, 1% on 1 Step plans) and 3 trading days on the funded account; 5 days on $300K challenges; 4 profitable days before an Instant payout; none in the Flash Activation challenge, then 3 profitable days once funded; 5 profitable days per Catalyst stage
Time Limit
No time limit; accounts without a trade opened and closed in 29 days are terminated
Leverage
Forex leverage selectable at 1:30, 1:50 or 1:100 at checkout (1:30 default); Instant accounts up to 1:30
Commissions
$3 per lot on forex, gold, silver and oil; no commission on indices
Scaling rules
Scaling Plan
No general scaling plan found; the Catalyst product doubles the account after each approved payout from $25K or $50K up to $1,000,000 with the split rising to 95%; maximum live funded allocation $400,000
FundedElite review
FundedElite is a prop trading firm operated by Quantum SRL from Latina, Italy, and its About page dates the project to 2023. It sells simulated forex and CFD accounts on MetaTrader 5 and Match Trader, covering forex, indices, metals, oil and gas, stocks and crypto. The core products are 1 Step and 2 Step challenges with a free retry: if a trader breaches a challenge phase, a second chance account is issued automatically, but with a lower loss limit and a permanent 50% profit split. Lite versions of both challenges are cheaper and come without the retry. Instant and Instant Elite accounts skip the evaluation and use a 3% daily limit and a 6% trailing drawdown, and Instant Elite drops the 25% consistency rule. Flash Activation lets traders start a single phase challenge for $5 and pay an activation fee of $159 to $1,999 only after passing. Catalyst is an instant account that doubles in size after each approved payout, from $25K or $50K up to $1M. Most rules can be adjusted at checkout, including the profit split, payout interval, leverage, maximum loss and scalping and weekend options, and each change moves the price. List prices start at $19 for a $7K 2 Step Atom challenge and reach $5,200 for a $400K Instant Elite account.
Suits
Traders who want to set their own profit split, payout interval and loss limits, or who value a free second attempt on a standard challenge.
Less suited to
You rely on fully automated EAs or very short scalps, or you want your first payout within three weeks of starting a standard challenge.
Pros
- Profit split, payout interval, leverage and maximum loss can be chosen at checkout, with the price adjusting to each choice.
- The standard 1 Step and 2 Step challenges include an automatic free retry after a breach in the evaluation phases.
- Flash Activation lets a trader attempt a challenge for $5 and pay the activation fee only after passing.
- News trading and weekend holding are allowed, and traders who pass at the first attempt get the challenge fee back with their third payout.
Cons
- A second chance account carries a permanent 50% profit split and tighter loss limits.
- EAs may only support manual trading, and trades held for less than 3 minutes count as violations unless the scalping option is bought.
- Funded traders cannot risk more than half of the daily loss limit on a single instrument in one day.
- Trustpilot currently displays no rating for FundedElite because of a breach of its guidelines.
Verdict
FundedElite is built for traders who want to shape their own rule set. Choosing the profit split, payout interval, leverage and loss limits is useful, but the headline price only applies to the default setup, and options such as a 95% split or a three day payout cycle add to the cost. The free retry on the standard 1 Step and 2 Step challenges gives a second attempt at no extra charge, although it brings tighter limits and a permanent 50% split, and using it removes the fee refund that otherwise arrives with the third payout. Several rules need attention. Funded traders may not risk more than half of the daily loss limit on one instrument in a day, trades must be held for at least 3 minutes unless the scalping option is bought, and EAs are allowed only as support tools rather than for automated execution. Payouts under $500 are paid in crypto with a 3% fee, larger ones go through Rise with a $40 fee, and the firm may require a video risk interview before paying. The first payout on the main challenges can be requested after 21 days. Flash Activation keeps the upfront outlay to $5 but switches to a trailing drawdown and a 30% consistency rule once funded. Trustpilot currently shows no rating for FundedElite, citing a breach of its guidelines.
Trader Reviews
What members who bought a FundedElite challenge say about it. Our own review above is separate, and these never change our rating.
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Discussions
Threads in our forums about FundedElite, newest first. Members' posts, not our view.
Payouts
Profit Split
80% default on evaluations, selectable at 60%, 70%, 80% or 95% at checkout; 50% after a free retry; Instant accounts 70% on the first payout then the selected split; Catalyst 80% rising to 95%
Min. Payout
The help centre states there is no minimum payout amount; payouts under $500 are paid only in crypto
Frequency
Every 14 days by default on 1 Step, 2 Step, 2 Step Lite, Atom and Flash Activation accounts and 21 days on 1 Step Lite, Instant and Instant Elite, with 3, 7, 14 or 21 day cycles selectable at checkout at different prices; Catalyst every 14 days at $25K then every 7 days
First Payout
Help centre states the first payout on 1 Step, 2 Step, Lite and Instant accounts can be requested after 21 days; Flash Activation after 14 days; requires Veriff KYC, Rise verification and any requested risk interview; Rise payouts carry a $40 fee and crypto payouts 3%
Payout Methods
Rise (bank transfer or crypto) for $500 and above, Cryptocurrency for payouts under $500
Firm Details
- Country
- IT
- In operation
- 3 years
- Platforms
- MT5, Match Trader
- Markets
- FX, Indices, Metals, Energy, Stocks, Crypto
- Payment methods
- Credit and debit cards, Wire transfer, Cryptocurrency (via Confirmo)
- Payout methods
- Rise (bank transfer or crypto) for $500 and above, Cryptocurrency for payouts under $500
- Support
- Live chat and help centre (faq.fundedelite.com), contact form and Discord; site advertises 24/7 support
Questions about FundedElite
Is FundedElite legit?
FundedElite trades under Quantum SRL, a company registered in Latina, Italy, and says it works only with simulated capital rather than acting as a broker. Payouts require identity checks through Veriff and Rise, and the firm may ask for a video risk interview. Its Trustpilot page lists 752 reviews but shows no rating, stating it is unavailable due to a breach of Trustpilot guidelines.
What is the FundedElite profit split?
Evaluation accounts pay 80% by default, and traders can select 60%, 70% or 95% at checkout, with the price changing accordingly. Instant accounts pay 70% on the first payout and the selected split afterwards. Accounts that used the free retry pay 50% on all payouts. Catalyst starts at 80% and rises to 95% as the account doubles.
Does FundedElite allow news trading?
Yes. The help centre states that news trading is allowed, including around major economic releases, and the challenge pages repeat this. High frequency trading and hedging between different accounts remain prohibited. Funded traders still need to respect the strategy risk limit, which bars risking more than half of the daily loss limit on one instrument in a single day.
How much does a FundedElite challenge cost?
Default list prices start at $19 for a $7K 2 Step Atom and $29 for a $7K 1 Step Atom, or $39 for a $5K 2 Step Lite and $49 for a $5K 1 Step Lite. A $100K account is listed at $569 on 1 Step Free Retry, $519 on 2 Step Free Retry and $369 on 1 Step Lite. Flash Activation costs $5 to start plus an activation fee after passing, such as $499 for $100K.
What platforms does FundedElite use?
The website and checkout offer MetaTrader 5 and Match Trader, while older help articles also mention TradeLocker. Instruments include forex majors, crosses and exotics, stock indices, gold and other metals, oil and gas, US, European and Hong Kong stocks, and cryptocurrencies. Commission is $3 per lot on forex, gold, silver and oil, with no commission on indices.
How does the FundedElite free retry work?
The free retry applies to the 1 Step and 2 Step Free Retry challenges only. If a trader breaches a challenge phase, a new account starts again from phase 1 at no extra cost. The retry tightens the rules, cutting the daily limit or maximum loss, and all later payouts use a 50% split. It can be used once and does not cover the funded stage.
Found something out of date? We checked FundedElite’s rules and prices on 28 September 2026. Firms change them often, so tell us if we’ve missed something. Report it
Thanks. We’ll check it against FundedElite’s own site and update the page if it has changed.
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