FundedElite is a CFD and forex prop firm operated by FundedElite Ltd., registered in St. Lucia, that sells challenge accounts traded on MetaTrader 5 and Match-Trader. It began operating in November 2023 and introduced its Free Retry model the same year. This review centres on Flash Activation, a one-step model, but the firm runs several others with different drawdowns, payout cycles and day requirements, and the program you pick changes how you can trade far more than the account size does.
Strengths and trade-offs
Strengths
- A wide program range, from no-evaluation Instant accounts to Atom accounts with no day rules in evaluation.
- Static drawdown and no time limit on Flash Activation.
- A first minor violation costs a reduced payout, not the account.
- An explicit Catalyst scaling path to $1M with per-stage resets.
Trade-offs
- Holding-time, scalp profit and per-instrument risk rules restrict short-term and concentrated trading.
- Best-day caps and profitable-day minimums change by program and size.
- Second-chance accounts are capped at a 50% split.
- Weekend trades, faster scalping and higher splits are paid add-ons that raise the real entry cost.
Who operates FundedElite and what it sells
Each account gets simulated capital and an analytics and journaling dashboard for logging trades and tracking progress.
Instruments are forex, metals, indices, energy and crypto, mostly as CFDs. Leverage on the Instant, 1-Step and 2-Step models is:
- Forex: 1:30
- Metals, indices and energy: 1:10
- Crypto: 1:2
At 1:2 on crypto, a $100K account can open only about $200K of crypto notional. A strategy that trades crypto at size will hit margin limits well before it hits the drawdown limits.
Payouts go by wire (through Rise) or crypto. Residents of the US, Canada, Israel, Iran, Palestine and Syria cannot sign up. The firm’s own list also excludes the Crimea, Donetsk and Luhansk regions of Ukraine.
Flash Activation: what the terms mean in practice
Flash Activation comes in $25K, $50K, $100K and $200K sizes, with the same core parameters at every size:
- Profit target: default 6%, adjustable down to 2%
- Daily loss limit: 3%
- Maximum loss: 6%, static
- Time limit: none
- Minimum trading days: none
- Profit split: up to 95%, with 80% during the live phase
- Payout cycle: every 14 days
“Static” means the 6% floor is measured from the starting balance and does not trail profits upward. On a hypothetical $100K account, the equity floor stays at $94,000, the daily limit allows $3,000 of loss and the default target asks for $6,000 of profit, as much upside as you are allowed to lose. Lowering the target makes passing easier, but the firm prices that choice into checkout, so a customized account can cost more than the default.
The 3% daily limit is tighter than the 5% that several FundedElite models use in evaluation. Two losing days at the full limit would leave no room above the static floor.
The consistency rule on the funded side
During the live phase, a payout needs three profitable trading days of at least 0.5% each ($500 per day on a $100K account), and no single day’s profit can exceed 30% of total account profit.
On a hypothetical $50K funded account with $4,000 of total profit at payout time, the best day may contribute at most $1,200. If one day made $2,000, you would need about $6,667 of total profit before that day fits under the cap, which slows payout requests after one large winning day.
The wider program lineup
FundedElite runs eight programs.
Instant Standard and Instant Elite skip evaluation. Funded traders need four profitable days of 0.5% each, rising to five days on Elite’s 300K and 400K sizes. The first payout is split at 70%, later payouts at 80%, and an add-on lifts the split to 95% from the third payout. Payouts follow a 21-day cycle.
1-Step and 2-Step Lite require three profitable days of 1% each on 1-Step Lite (5K to 200K). 2-Step Lite asks for 0.5% days in evaluation and 1% days once funded on sizes up to 100K. Both move to five days at 1% on 300K accounts.
1-Step and 2-Step Standard + Free Retry use similar day requirements (1% days on 1-Step, 0.5% days on 2-Step up to 100K) and add one automatic retry after an evaluation breach.
1-Step and 2-Step Atom have no profitable-day rule in evaluation. 1-Step Atom requires five profitable days of 0.5% once funded, and 2-Step Atom has no day rule at all. In exchange, Atom accounts limit risk to 1.5% of starting balance per instrument per day, require funded trades to be flat around news and cap each payout at 3% of starting balance.
Catalyst is a single-stage funded account with a built-in scaling ladder.
Consistency caps vary by program
Best-day caps are not uniform across the range. All 300K 1-Step Lite, 1-Step Standard, 2-Step Lite and 2-Step Standard accounts carry a 60% rule: no single day can reach 60% of total profit. Other programs use best-day caps of 25%, 30% and 50%, applied to evaluation, payout or both depending on the program. Some of these caps can be removed with a checkout add-on.
Trading rules that apply across accounts
Minimum holding time. Every position must stay open at least 3 minutes, or 30 seconds with the scalping add-on. Winning trades closed faster than that count toward a “scalp profit” total, which must stay under a cap set by account size:
| Account size | Scalp profit limit |
|---|---|
| 5K | $75 |
| 7K | $100 |
| 10K | $150 |
| 15K | $200 |
| 25K | $300 |
| 50K | $400 |
| 100K | $500 |
| 200K | $800 |
| 300K | $1,000 |
| 400K | $1,200 |
In evaluation, an isolated short trade under the limit is a soft breach, while exceeding the limit or trading short throughout is a hard breach. On a funded account, every trade under the minimum time, winning or losing, is a soft breach, and exceeding the scalp limit resets the account and forfeits that cycle’s profit.
Risk per instrument. On funded accounts outside the Atom models, you cannot risk more than 50% of your daily loss limit on one instrument in a single day, counting both directions. Risk per trade is the furthest stop loss set or, without a stop, the worst price reached, whichever is higher, and it counts on the day the trade closes, even in profit. On a 3% daily limit, that caps one instrument at 1.5% of the account per day. A violation can end the account and forfeit profit.
News trading. News trading is allowed except on funded Atom accounts, where trades must be closed from 2 minutes before a release until 2 minutes after it ends, a 6-minute window counting 2 minutes of release time. On other programs it is permitted for swing traders but not for high-frequency trading or hedging between accounts.
Weekend holding. Holding positions over the weekend is allowed, and stops and targets can be moved on Saturday or Sunday. Opening or closing a position, including a stop or target filling, needs the Weekend Trading add-on. Without it this is a hard breach: an evaluation account may be reset, and a funded account is reset with the cycle’s profit forfeited.
Expert advisors. EAs are allowed only as tools that assist manual trading, such as risk managers and charting utilities. Automated strategies, martingale, grid systems and public scalping bots are banned.
Copy trading. You may copy between your own accounts, including across platforms or other prop firms, but not signals or other traders. Email support with the accounts and software involved before you start, because copiers trigger IP and device flags. The same advance-notice rule applies to VPS and VPN use.
Inactivity. An account must place at least one trade every 29 days. A lapsed account can be reactivated for a fee of 40% of its original price before discount.
Prohibited practices. These include HFT and micro scalping, cross-account hedging, account rolling, account sharing or passing services, latency arbitrage, exploiting errors, server spamming and gambling-style trading.
Terms to confirm before buying. Two rules conflict. Flash Activation is sold from $25K to $200K, yet its rules require five profitable days on 300K and 400K accounts. The Weekend Trading add-on is offered generally, but the firm also says weekend trading is available only on 1-Step Atom, with no add-on on Catalyst.
How soft and hard breaches work
FundedElite splits violations into soft and hard breaches. A soft breach keeps the account open. Examples include isolated trades under the minimum hold, scalp profit under the limit, IP flags with an honest explanation (an unreported VPN, travel or a copy tool), hedging flags with no link to another trader, and a first case of gambling-style trading. Repeating a soft breach after a warning makes it a hard breach.
On a funded account, a soft breach costs money rather than the account. You get an email, your current payout is processed at a 30% split, and your payout cycle restarts from payout one, along with the payout count the fee refund depends on. In evaluation, the team may instead reset the account and can use your free retry to do so.
The Free Retry second chance
The retry applies only to evaluation breaches on the Standard + Free Retry models, never to funded accounts. It is not given when the breach ends the relationship and is not eligible for a fee refund. The second-chance account is more restrictive:
- 2-Step Standard retry: restarts at phase 1, the daily loss limit drops from 5% to 3%, and the minimum P&L for a qualifying day in phase 1 rises from 0.5% to 1%.
- 1-Step Standard retry: restarts at phase 1, maximum loss drops from 8% to 6%, and the profit target drops from 12% to 10%.
On both, every future payout is capped at a 50% split, whatever split you originally bought. Second Chance funded plans come in sizes from $7,000 to $300,000.
Catalyst and FundedElite scaling
Catalyst is the firm’s scaling product. You start funded at $25K or $50K. Each approved payout doubles the account and adds 5% to the split, starting at 80%, along a ladder of $25K, $50K, $100K, $200K, $400K, $800K and $1M, with a 95% split at the top. Each new stage starts fresh, with a new balance, drawdown limits and profit target.
Each stage requires five profitable days above a dollar threshold:
| Stage | Minimum daily P&L |
|---|---|
| 25K | $150 |
| 50K | $250 |
| 100K | $350 |
| 200K | $450 |
| 400K | $650 |
| 800K | $850 |
| 1M | $1,000 |
A breach does not send you back to the start. Each stage except the entry stage allows one paid reset at the same stage and original balance, and previous stage gains are kept. Reset prices are $890 at $50K, $1,290 at $100K, $1,790 at $200K, $2,490 at $400K, $3,390 at $800K and $4,790 at $1M. The first Catalyst payout can be requested after 14 days and later ones every 7 days, though the $25K stage is fixed at 14 days between payouts.
Separately, any funded account moves into the Live Trading Programme automatically at its fourth consecutive payout, or earlier at the risk team’s discretion. For Flash Activation, this is where the split drops to 80%.
Payouts and withdrawal costs
The default split across assessment programs is 80%. Most programs can be customized at checkout to 60%, 70%, 80% or 95%. 1-Step Atom offers 70%, 80% or 100%. Payout cycles also vary:
- Flash Activation: 14 days
- Instant models and 1-Step Lite: 21 days
- Other 1-Step and 2-Step models: 21 days for the first payout, then 14
- Optional cycles: 3, 7, 14 or 21 days can be bought, but the first payout stays at 21 days except on Flash Activation
Payouts of $500 and above go through Rise for a flat $40, which is 2% of a $2,000 payout. Payouts below $500 are paid only in crypto at 3%, or $12 on a hypothetical $400 payout. Free or giveaway accounts are capped at 2% per payout.
The firm’s home page says it has paid out $3.6M+ to traders and pays within 3 days, though the same page also cites an average processing time of 24 hrs.
How we checked FundedElite
We visited fundedelite.com on 13 November 2026, connecting from Tallinn, Estonia. Our first stop was the home page, followed by the About page, the terms and conditions, the Elite Packs page and three program pages: Catalyst, Flash Activation and Instant Funding. At the bottom of the home page, the footer names FundedElite Ltd. as “a company registered in Saint Lucia,” with an address in Rodney Bay. The terms tell a different story. They name Quantum SRL, “a company incorporated in Italy with registered office at Via Maira 13, Latina 04100, P.IVA 03095010595, operating under the trade name ‘Funded Elite’.” Two entities, two countries. From the site alone, we could not tell which one actually contracts with traders.
Prices were easy to find. The Flash Activation page lists $159 for $25K, $329 for $50K, $499 for $100K and $989 for $200K. Its rules text matches what we describe above: a 6% profit target, a 3% daily drawdown, a 6% static total drawdown and no minimum trading days during evaluation. Clicking “Get Funded” sent us to app.fundedelite.com, which asked us to sign up or log in before showing any price or payment step. We stopped there. The home page claims $3.6M+ paid out to traders. On payout speed, it quotes both an average processing time of 24 hrs and payment “within 3 days,” two figures that do not quite line up.
No register check was possible. The site shows no licence or registration number. Its Saint Lucia line describes where a company is registered, and we found no licence number anywhere to look up. Trustpilot gave a different kind of signal. When we read it on 13 November 2026, the profile showed 4.1/5 from 753 reviews, with 76% five-star and 10% one-star ratings. The company had replied to none of the 8 newest reviews. The Wayback Machine’s first capture of the domain dates from 2023-12-25, and the domain itself was registered on 2023-08-23.
Our check stopped short of a purchase. We did not buy a challenge, open an account or request a payout, so how quickly payouts really arrive and how strictly breaches are enforced remain untested by us.
Who it may suit
Traders who hold positions for minutes to days, size each instrument well inside the daily limit and can spread profit across several days fit the rulebook best. Scalpers working in seconds, EA users running automated systems and anyone who needs to trade crypto at high leverage will run into the holding-time, automation and 1:2 limits.
Alternatives
| Provider | Score | Fee | Split | Payouts | |
|---|---|---|---|---|---|
| 6.8/10 | $405 | Up to 90% ** | Every 14 days | Review | |
| 7.0/10 | $439 | Up to 90% | Bi-Weekly | Review | |
| 5.6/10 | $782 | — | Daily Payouts | Review |