Christian Habibi and Artus S. Deshko are co-owners of FundedElite, a company registered in Latina, Italy since 2023. FundedElite is a pioneering prop firm to offer a “retry” feature for traders. This gives you the opportunity to retake challenges and a second shot at having a funded account.
Coupon Codes for FundedElite Prop Firm
There are no coupon codes available at this time.
FundedElite: Company Details
- Funded Elite is registered under the corporate name Quantum SRLS.
- Starting Year for FundedElite: 2023
- Business Location Registry for FundedElite: Quantum srls, Corso G. Matteotti 61 Latina 04100, Italy,
- FundedElite’s Ownership Explained: Christian Habibi and Artus S. Deshko are co-owners.
FundedElite Prop Firm’s Trading Platform Choices
FundedElite has 2-trading platforms MT5 and CTrader. Both platforms have unique and modern features, and they’re user-friendly
The Instruments You Can Trade with FundedElite Prop Firm
| Tradable Instrument | Leverage |
|---|---|
| Forex | 1:100 |
| Metals | 1:20 |
| Energies | 1:20 |
| Indices | 1:30 |
| Crypto | 1:2 |
| Stocks | – |
How to Pay at FundedElite Prop Firm
FundedElite accepts deposits by:
- Credit/Debit Cards (Stripe)
- Crypto (Coinbase), Confirmo
- Google Pay, Cards, Apple Pay (Zen)
FundedElite Prop Firm’s Array of Account Sizes
There are 6 available account sizes at FundedElite:
- $7k
- $15k
- $25k
- $50k
- $100k
- $200k
| Challenge type/size | $7,000 | $7,000 | $15,000 | $15,000 | $25,000 | $25,000 | $50,000 | $50,000 | $100,000 | $100,000 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Steps | 2-steps | 1-step | 2-steps | 1-step | 2-steps | 1-step | 2-steps | 1-step | 2-steps | 1-step | 2-steps | 1-step |
| Price | $79 | $90 | $115 | $130 | $195 | $225 | $295 | $339 | $495 | $569 | $945 | $1085 |
| Leverage | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 |
| Profit split | 80% | 80% | 80% | 80% | 80% | 80% | 80% | 80% | 80% | 80% | 80% | 80% |
| Phase 1 profit target | 8% | 10% | 8% | 10% | 8% | 10% | 8% | 10% | 8% | 10% | 8% | 10% |
| Phase 2 profit target | 5% | N/A | 5% | N/A | 5% | N/A | 5% | N/A | 5% | N/A | 5% | 5% |
| Phase 3 profit target | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Max daily loss | 5% | 3% | 5% | 3% | 5% | 3% | 5% | 3% | 5% | 3% | 5% | 3% |
| Max total loss | 10% | 8% | 10% | 8% | 10% | 8% | 10% | 8% | 10% | 8% | 10% | 8% |
| Minimum trading days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days |
| Maximum trading days | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Second Chance Account | YES (one time only) | YES (one time only) | YES (one time only) | YES (one time only) | YES (one time only) | YES (one time only) | YES (one time only) | YES (one time only) | YES (one time only) | YES (one time only) | YES (one time only) | YES (one time only) |
| Commission per lot | 0 | 0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
The Profit Sharing System at FundedElite Prop Firm
The profit share at FundedElite is 80%, but it’s not the same for all stages. If you pass the evaluation and reach the Elite stage with the “second chance” feature, your profit split is 50%.
Profit Targets at FundedElite Prop Firm
The profit target in all challenges is limited to 8% in the first phase and 5% in the second. The exception is the $7k account size, which has a profit target of 10% in the one-step challenge.
Loss Rules and Daily Drawdown
2-step challenges have a minimum daily loss set at 5%. The 1-step challenges have a maximum of 3% daily loss. The maximum overall loss is 10% for two-step challenges and 8% for one-step challenges.
Maximum/Minimum Trading Days at FundedElite
You have unlimited time to finish the evaluation, but you need to trade for a minimum of 5 days.
FundedElite Prop Firm Challenge Fee Breakdown
| Account Size | $7,000 | $7,000 | $15,000 | $15,000 | $25,000 | $25,000 | $50,000 | $50,000 | $100,000 | $100,000 | $200,000 | $200,000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Steps | 2-steps | 1-step | 2-steps | 1-step | 2-steps | 1-step | 2-steps | 1-step | 2-steps | 1-step | 2-steps | 1-step |
| Price | $79 | $90 | $115 | $130 | $195 | $225 | $295 | $339 | $495 | $569 | $945 | $1085 |
FundedElite Prop Firm’s Fee and Commission Details
Commissions at FundedElite depend on the trading instrument and broker.
| Broker | FX | Indices | AU, AG, Oil | XPD, XPT, NGAS | Crypto | US Stocks |
|---|---|---|---|---|---|---|
| Purple Trading | $3 | $0 | $3 | $0 | $0 | – |
| ThinkMarkets | $7 | $0 | $7 | $0 | $0 | – |
FundedElite Prop Firm and Their Refund Policy
Your fee can be refunded based on your trading performance. If you pass on your first try you’ll get a refund with your 1st payout. If you use the “Second chance” feature and get a retry, the fee is refunded with your third payout.
Does FundedElite Prop Firm Offer Free Trials?
There are no free trials at FundedElite.
Trader Payout Schedule at FundedElite
FundedElite offers payouts every 2-weeks.
Trustpilot Assessment of FundedElite Prop Firm: Pros & Cons
Trustpilot reviews have a mixed sentiment. But FundedElite has a pretty high score overall. With 4.6/5 stars on Trustpilot from 168 reviews.
- Discounts
- Second chance feature
- Reliable and trustworthy
- Easy evaluation process
- Slow payout process during the migration
FundedElite Prop Firm Website FAQ
Yes, you can sign up for multiple challenges, with a total account funds limit of $600,000 USD.
Am I being funded with real money?
No, the capital provided in the accounts is virtual, not real money. However, all trades are conducted under real market conditions.
What documents are required for a virtual account?
To progress to Live Simulated Accounts and complete the verification process, you will need to provide the following documents:
Proof of identity (front and back of I.D. card or passport)
A selfie holding your ID or passport
Can you merge your accounts?
Challenge Phase I & Phase II Accounts: Challenge Phase I and Phase II accounts cannot be merged.
Each phase represents a distinct stage of your trading journey.
Live Accounts: Live accounts can be merged up to a total capital limit of $600,000 USD.
Can I trade news?
Yes. News trading is permitted.
