HOTFTMO raises max funded to $400K — our review updatedNEWFundedNext now pays 90% profit split on all funded accountsDEALThe5ers free evaluation — limited spots this weekUPDATEE8 Markets drawdown rules updated — see our revised reviewHOTFTMO raises max funded to $400K — our review updatedNEWFundedNext now pays 90% profit split on all funded accountsDEALThe5ers free evaluation — limited spots this weekUPDATEE8 Markets drawdown rules updated — see our revised review

FundedElite Review 2026

✓ Verified
3.1
Overall Score
★★★
500+ data points

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Quick Facts
Founded 2023
Headquarters Latina Italy
Max Account $300,000
Profit Split 70% base, up to 95%
Visit Site →
$300,000
70% base, up to 95%
1-Step / 2-Step / Instant
14-21 days first, then every 14 days
None
Restricted
Not Allowed
2023

✅ What We Like

  • Six distinct account types give more configuration options than most competitors
  • Very low entry price starting under $25 for the smallest account
  • Static drawdown on the majority of account families, avoiding the trailing-floor trap
  • No published profit caps on most plans

❌ What Could Be Better

  • Aggressive IP-sharing enforcement has led to payout denials in ordinary scenarios — mobile data connections, or two traders in the same household — according to multiple independent reviewers
  • A single trade lasting under 3 minutes can drop your profit split from 80% down to 30%
  • Funded-stage rules differ meaningfully from evaluation-stage rules, catching traders off guard after they pass
  • No independently verified payout tracker, no published certificate register — the firm's own screenshot carousel is the only first-party evidence offered
  • Unregulated operator (Quantum SRL, Italy) with no active scaling plan for traders wanting to compound capital

Score Breakdown

Evaluation Fairness
6.8
Payout Reliability
5.2
Platform Quality
7.0
Spread Quality
7.0
Customer Support
5.8
Rule Flexibility
4.5
Value for Money
7.2
Transparency
4.0

Evaluation Rules

Evaluation 1-Step / 2-Step / Instant
Min Trading Days None
Time Limit No time limit
Drawdown Type Static (6 of 8 account types)

The drawdown here is static — your loss limit is fixed from the starting balance and never moves up as you profit. If you start a $100K account with a 10% max drawdown, the floor stays at $90K no matter how high your equity climbs. This is the most forgiving model for traders who bank profits early, because winning never shrinks your room for error.

Trading Rules at a Glance

RuleStatus
News TradingRestricted
Weekend HoldingNot Allowed
EAs / RobotsRestricted
Copy TradingRestricted
Challenge Fee RefundableNo
Drawdown TypeStatic (6 of 8 account types)

Trading Platforms

MetaTrader 5

MT4's successor — faster backtesting, more timeframes, depth-of-market, and native support for more asset classes. Most newer firms have standardised on it.

MatchTrader

Supported by FundedElite — check the firm's site for platform-specific account details.

Payouts

Profit Split 70% base, up to 95%
Processing Time 14-21 days first, then every 14 days
Fee Refundable No

Payout reliability matters more than any headline number — a generous split means nothing if withdrawals stall. FundedElite was processing withdrawals in 14-21 days first, then every 14 days when we last verified this review. If you've withdrawn from this firm recently and your experience differs, use the report link at the bottom of this review.

Our Honest Verdict

The low entry price and account variety look appealing on the surface, but the pattern of IP-related payout denials and the steep 80%-to-30% split penalty on fast trades are the kind of details that show up repeatedly in independent trader reports, not isolated complaints. Combined with the lack of independently verified payout evidence, this is a firm to approach with real caution — test small, read the funded-stage rules in full before paying, and don't treat the advertised 95% split as representative of what you'll actually receive.

PropFirmChief Score
3.1/5.0

Spot something outdated? Report it here and we'll check it within 48 hours.

Frequently Asked Questions

FundedElite has been operating since 2023 and currently processes payouts in 14-21 days first, then every 14 days. We track verified payout reports and update this review whenever terms change — see the "Last Verified" date above for how current this information is.

Entry starts at from $23 for access up to $300000 in funded capital. Check our current promo codes page — pricing on prop firm challenges changes often and discount codes can meaningfully cut this.

Traders keep 70% base, up to 95% of profits. Run our Profit Split Calculator to see exactly what that means on your real account size.

FundedElite uses a 1-Step / 2-Step / Instant evaluation, with drawdown calculated on a Static (6 of 8 account types) basis. Full rules, including news trading and weekend holding permissions, are in the Evaluation Rules tab above.

News trading is restricted and positions must be closed by end of week. These rules can change — the Trading Rules at a Glance table above reflects our latest check.

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