FundedElite
A prop firm operated by Italy's Quantum SRL. It's a fully customizable format where you choose your profit target, profit split (60/70/80/95%), payout interval (3/7/14/21 days), and leverage (1:30/1:50/1:100) at purchase. There are five account types: 2-Step and 1-Step (both with a free retry), 2-Step Lite and 1-Step Lite (cheaper, no free retry), and Instant (no evaluation). The evaluation-track max loss is "static," fixed to the initial balance, and doesn't move with withdrawals. On the official configuration screen on September 27, 2026, max loss showed as 14% — "included in the current offer" — across every plan (the end date wasn't confirmed; the FAQ's standard figure is 8%).
User data
All plans
Plans compared
2-Step (with free retry)
2-Step Lite
1-Step (with free retry)
1-Step Lite
Instant
Pros and cons
+Pros
- ✓A fully customizable format — you choose your own profit target, profit split, payout interval, and leverage
- ✓Max loss on the evaluation track (2-Step / 1-Step / Lite) is static and the line doesn't rise with withdrawals
- ✓As of September 27, 2026, the configuration screen showed max loss at 14% for every plan ("current offer"; the FAQ's standard is 8%)
- ✓No consistency rule on the evaluation track
- ✓Accounts that pass on the first attempt get the challenge fee back with the 3rd payout
- ✓2-Step and 1-Step come with one free retry if you fail during the evaluation
- ✓New users get 50% off their first purchase with coupon NEW50 (auto-applied on the configuration screen)
- ✓Site, configuration screen, and FAQ are all available in Japanese
-Cons
- ✗EAs are only allowed as assistive tools (risk management, lot-size calculation, analysis). An EA that trades on its own is not allowed (per official FAQ)
- ✗Using the free retry (Second Chance) locks your split at 50% going forward, forfeits the fee refund, and shrinks both the daily and max loss limits
- ✗Minimum days are counted as "profit days." 2-Step plans need 3 days of 0.5%+ profit (per phase); 1-Step plans need 3 days of 1%+ profit
- ✗On funded accounts, the total risk taken on a single symbol in one day is capped at half the daily loss limit (winning trades count too)
- ✗Trades held under 3 minutes are a violation (a scalping add-on shortens this to 30 seconds). On funded accounts, the split is reduced for this
- ✗Opening or closing on weekends without an add-on is an instant fail (holding a position over the weekend is fine)
- ✗A video risk interview may be required at payout time, and failing to complete it within 5 business days results in a denied payout and account termination
- ✗Payout fees: $40 via Rise for $500+, 3% in crypto for under $500
- ✗Supported platforms are inconsistent across official pages (the configuration screen shows MT5 and MatchTrader; the FAQ says MT5 and TradeLocker)
- ✗Trustpilot's rating was suspended over a guideline violation (fake reviews removed) as of July 2026 (not re-checked as of September 27, 2026)
Trading rules
!Prohibited
- ✗Automated trading via EA (an EA placing its own orders — fully or partly automated, martingale/grid EAs, off-the-shelf scalping bots)
- ✗Trades held under 3 minutes (30 seconds with the scalping add-on)
- ✗Opening or closing on weekends (without an add-on)
- ✗On funded accounts, the total daily risk on a single symbol exceeding 50% of the daily loss limit
- ✗Gambling-style trades that swing for the target in a single trade (treated as a soft breach)
- ✗Cross-account or third-party hedging, latency arbitrage, HFT, and server spamming
- ✗IP sharing, account sharing, or pass-through (account management) services
✓Allowed
Platforms
FAQ
Are the plan numbers fixed?
No. FundedElite is fully customizable — at purchase you pick your profit target, profit split (60/70/80/95%), payout interval (3/7/14/21 days), and leverage (1:30/1:50/1:100), and your choices change the price. For example, the 1-Step $100K list price was $796.60 at an 8% target, $654.35 at 10%, and $569 at 12% (80% split, 14-day payout, 1:30; confirmed on the official configuration screen on September 27, 2026). The plan table on this page shows a representative configuration as a rough guide.
What's the max loss percentage?
According to official FAQ, 2-Step and 1-Step let you choose 5–10% and Lite lets you choose 6–10%, with 8% as the standard (Instant is a 6% trailing). But opening the configuration screen on September 27, 2026 showed "Max Loss Limit 14% — included in the current offer" on every plan, with no other options presented. Whether that offer has an end date, or whether it stays at 14% for a purchase without a coupon, isn't documented officially and remains unconfirmed. Check what's shown on the configuration screen before you buy.
How are daily loss and max loss calculated?
Daily loss is set at whichever is higher — equity or balance — at the end of the previous trading day, minus (initial balance × daily %); that's the line for the day. The daily cutoff is 21:00 UTC (6:00 AM JST). On the evaluation track, max loss is static, fixed to the initial balance, and stays the same through the challenge and on the funded account — it doesn't rise with withdrawals. Only Instant has a trailing max loss (it follows the highest equity).
Is the challenge fee refunded?
Accounts that pass the evaluation on the first attempt get the fee back together with the 3rd payout. Accounts that passed using the free retry (Second Chance), or that were reset for a rule violation, don't qualify. A soft breach (such as a holding-time violation) restarts the payout count from the first payout. The purchase itself is non-refundable once you've received your login details.
What is the free retry (Second Chance)?
For 2-Step and 1-Step (Free Retry included), a new account is automatically issued once, free of charge, if you fail during the evaluation. But the terms get worse: your split locks at 50% going forward, and the fee refund is gone. 2-Step also drops the daily loss from 5% to 3%, and 1-Step shrinks the max loss. It doesn't apply to failures on a funded account. Lite, Instant, and Flash Activation don't have it at all.
What's the minimum number of trading days?
The evaluation counts "profit days." 2-Step and 2-Step Lite need 3 days of 0.5%+ profit per phase; 1-Step and 1-Step Lite need 3 days of 1%+ profit. Funded accounts need 3 trading days (no profit requirement). Instant needs 4 days of 0.5%+ profit before you can withdraw.
When and how can I withdraw?
The first payout comes 21 days after becoming a funded account, and every payout after that follows the interval you chose (3/7/14/21 days). $500+ goes through Rise ($40 fee; you can choose bank transfer or crypto from there), and under $500 goes via crypto directly (3% fee). You'll need KYC (Veriff) and Rise identity verification, and if a risk interview is requested, it must be completed within 5 business days. The evaluation track has no consistency rule; Instant Standard has a 25% consistency rule.
Can I use an EA (automated trading)?
Not for automated trading. The official FAQ on "EAs (Expert Advisors)" says EAs can be used as an aid — for risk management, trade confirmation, lot-size calculation, or analysis — but an EA trading on its own, or fully/partly automated strategies (martingale or grid EAs, off-the-shelf gold-scalping bots, and the like), are not allowed. Finding an undeclared EA ends the challenge. If you're planning to run on an EA, look at another firm.
Are there any coupons?
As of September 27, 2026, the official configuration screen auto-applied NEW50 (50% off) for new users. $100K list prices came out to $519 → $259.50 for 2-Step, $343.85 → $171.93 for Lite 2-Step, and $654.35 → $327.18 for 1-Step (10% target). It's a first-purchase-only offer, so a second purchase is at list price.
Which platforms are supported?
On the configuration screen on September 27, 2026, the choices were MetaTrader 5 and MatchTrader. But the official FAQ's description of each challenge type says "MetaTrader 5 and TradeLocker" — the official sources contradict each other. MT4 isn't supported. Check the choices on the configuration screen at the time you buy.
Is the reputation good? Any payout trouble?
Trustpilot's rating was suspended as of July 2026 over a "guideline violation" (fake reviews removed); this hasn't been re-checked as of September 27, 2026. There are plenty of payout reports, but there's also a recurring pattern of payout trouble tied to IP-sharing flags, risk interviews, and sub-3-minute scalping. See the reputation article (/en/articles/fundedelite-reputation-2026) and the expected-value article (/en/articles/fundedelite-expected-value-2026-09) for more detail.
Coupon code
50% off for new users on their first purchase (auto-applied on the configuration screen; confirmed September 27, 2026)