CEOChristian Habibi
Country
flag
IT
Date Created11/1/2023
Years in Operation2.5
Funded Elite logo
Funded Elite
20%OFF

Funded Elite Prop Firm Details

Firm Overview

Broker:

FundedElite LTDFundedElite LTD

Platform:

MT5MT5TradeLockerTradeLocker

Payment Methods:

 Credit Card Credit CardCryptoCrypto

Payout Methods:

CryptoCryptoRiseworksRiseworks

Type of Instruments:

forexcfdcryptometalsstocks

Leverage

All Accounts

  • FX | You can choose from 1:50 to 1:100

  • Metals, Energy & Indices | 1:10

  • Crypto | 1:2

Commissions

  • FX & Energy | $4 a lot

  • Metals & Indices | $0

Account Sizes

  • 1 Step: $7k to $300k

  • 1 Step Lite: $5k to $300k + Free Retry

  • 1 Step Flash Activation: $25k to $200k (Pay After Passing the Challenge)

  • 2 Step: $7k to $300k + Free Retry

  • 2 Step Lite: $5k to $300k

  • Instant: $7k to $100k

  • Instant Lite : $50k to $400k

  • Catalyst: $25k to $50k

Note: You have a free retry for a challenge if you breach the account, only works for 1 Step & 2 Step accounts

Max Allocation

  • You can merge your accounts up to $400k for both challenges and funded accounts

  • Merging is only available for funded accounts, not challenges

Daily & Maximum Loss

  • 1 Step: 3% Daily Loss / 14% Maximum Loss

  • 1 Step Lite: 3% Daily Loss /14% Maximum Loss

  • 1 Step Flash Activation: 3% Daily Loss / 6% Maximum Loss

  • 2 Step: 5% Daily Loss /14% Maximum Loss

  • 2 Step Lite: 4% Daily Loss /14% Maximum Loss

  • Instant: 3% Daily Loss /14% Maximum Loss

  • Instant Lite:3% Daily Loss /6% Maximum Loss

  • Catalyst:3% Daily Loss /5% Maximum Loss

Note: All the challenges, you can choose the max loss from 5% to 10%, even the profit target

Drawdown

  • All challenges & funded accounts are Static Balance Based Drawdown

  • 1 Step Flash Activation Account:

  1. Challenge | Static Balance Based Drawdown

  2. Funded | Trailing EOD

  • Instant Accounts are Trailing EOD

  • Instant Lite: Trailing EOD

  • Catalyst: Trailing EOD

Risk Management

  • You must hold trades for a minimum of 3 minutes, unless you paid for allow scaling add-on, which you can hold the trades for a minimum 30 seconds

  • You cannot risk more than 50% of your daily loss limit on a single instrument in the same day

Consistency Rules

  • All 300k Accounts ONLY: 60%

  • 1 Step Flash Activation Funded: 30%

  • Instant Lite: None

  • Catalyst:30%

Minimum Trading Days

  • 1 Step: 3 profitable days of 1%

  • 1 Step Lite: 3 profitable days of 1%

  • 1 Step Flash Activation: 1 trading day

  • 2 Step: 3 profitable days of 0.5% for each phase

  • 2 Step Lite: 3 profitable days of 0.5% for each phase

  • Instant Lite: 4 profitable days of 0.5%

  • Catalyst:5 profitable days of 0.5%

Note: Minimum of 5 trading days if you choose the 300k account

News Trading

Allowed

  • News trading in all challenges, funded & instant accounts

Not Allowed

  • None

Overnight & Weekends Holding

  • Allowed in all challenges, funded & instant accounts

Note: Weekend trading only allowed through add-on

Copy Trading

Allowed

  • You are allowed to use a trade copier across all FundedElite challenges & Funded accounts

  • You are allowed to use a trade copier from your all FundedElite accounts to an external account or the opposites

  • All accounts must be under your name

Best website/app to copy trades between your own accounts:

https://bit.ly/4kZqXSJ

Not Allowed

  • Copying trades from another trader’s account (signals, purchased strategies, social copy platforms)

  • Copy trading from different user to FundedElite accounts

Experts

Allowed

  • Trade using your own Expert Advisor

Not Allowed

Perform any prohibited activities like:

  • Scalping for a few seconds

  • Perform high-frequency trading (HFT)

  • Hedge (Hedge)

  • Arbitrage (Arbitrage)

VPN/VPS

  • Use a paid VPN or VPS, with a specific IP within a specific country each time you connect

  • Free VPNs involve multiple users sharing the same IP address, which can pose security risks and lead to the loss of your account

  • Sharing your VPS connection with others is prohibited

Note: You must inform the support team before using the VPN

Profit Share

  • All Accounts: You can choose from 60% to 95%

  • Instant Account: You can choose 70% or 95%

Payout Policy

  • You can choose the days between payouts: 3 days, 7 days, 14 days, or 21 days

  • 1 Step Flash Activation Account & Instant Account: You need at least 3 profitable trading days with a minimum of 0.5% of the account size

Scale Up Plan

  • Balance increases by 10% after every 3 successful payouts

  • Profit split increases after 5 successful payouts

  • Days between payouts become fewer after 7 successful payouts

  • After every 3 successful payouts, max drawdown increases by 1%, capped at 14%

Inactivity Rules

  • If no trades are opened within 29 days after the warnings, the account will be closed

  • If no trade is made and the account is terminated due to inactivity, it cannot be recovered unless the trader pays a fee to cover the associated costs, which is 20% of the original account price without any coupons applied

Prohibited Strategies

  • HFT

  • Arbitrage

  • Hedge

Note: Scalping is NOT allowed unless you paid for an add-on

Restricted Countries

United States
United States
Iraq
Iraq
Cuba
Cuba
Iran
Iran
North Korea
North Korea
Lebanon
Lebanon
Libya
Libya
Russia
Russia
Ukraine
Ukraine
Algeria
Algeria
Syria
Syria
Turkey
Turkey
Kenya
Kenya
Somalia
Somalia

STAY CONNECTED

Subscribe For The Latest News And Deals