PROP FIRM REVIEW

FundedElite Prop Firm Review

Review FundedElite's funding model, risk rules, payout conditions, trading restrictions and overall trader fit.

CHARTSCALPING SCORE 7.9 /10

Last verified: Oct 2026

OUR ASSESSMENT

At a glance

Our research score is based on trust, payout conditions, rule transparency and overall trader fit.

TRUST

6.8

Company reputation, operating history and overall trust.

PAY

7.5

Payout process, timing and conditions.

RULES

7.4

Rule clarity and trader friendliness.

RISK

High

Perceived complexity of restrictions.

FIRM PROFILE

Company & Program

FirmFundedElite
TypeForex / CFD
Founded2025
HeadquartersItaly
Challenge Type1-Step / 2-Step / Lite / Instant / Instant Elite / Flash Activation / Catalyst
Broker / LiquidityFundedElite
PlatformMT5 / TradeLocker
Maximum FundingUp to $1M Catalyst / $300K standard*
TRADING CONDITIONS

Rules & Restrictions

Maximum Daily DD3%–4%*
Maximum Overall DD5%–10%*
Profit SplitUp to 95%*
Consistency RuleModel dependent*
News TradingModel dependent*
EA AllowedAllowed with restrictions*
Weekend HoldingAdd-on required on most models*
ScalingAvailable*
TRADER FIT

Is it suitable for you?

Particularly useful for traders who focus on XAUUSD, scalping and short-term execution.

XAU
XAUUSDYes
SC
SCALPINGYes
EA
EA / ALGOAllowed with restrictions*
BD
BANGLADESHCheck
PAYOUT

Getting Paid

First Payout14–21 Days*
Payout Frequency3 / 7 / 14 / 21 Days*
Profit SplitUp to 95%*
FUNDING

Account & Scaling

Maximum FundingUp to $1M Catalyst / $300K standard*
ScalingAvailable*
Challenge Model1-Step / 2-Step / Lite / Instant / Instant Elite / Flash Activation / Catalyst
ADVANTAGES

What we like

  • Highly customizable challenge structure
  • 1-Step challenge available
  • 2-Step challenge available
  • Lite challenge available
  • Instant Funding available
  • Instant Elite available
  • Flash Activation challenge available
  • Catalyst direct-funded programme available
  • MT5 available
  • TradeLocker available
  • Profit target can be customized on several models
  • Maximum loss can be customized on several models
  • Profit split can reach 95%
  • Payout schedule can be customized on several models
  • Payouts can be scheduled as frequently as every 3 days on selected models
  • No time limit on Catalyst
  • Catalyst can scale up to $1M
  • Catalyst can reach 95% profit split
  • Flash Activation starts with a $5 entry fee
  • Flash Activation offers accounts up to $200K
  • XAUUSD / Gold trading available
  • Weekend holding is allowed
  • Weekend trading add-on available
  • Scalping add-on available
  • Scalping add-on reduces minimum holding time to 30 seconds
  • EAs are allowed for supportive functions
  • Multiple account sizes available
  • Crypto payout option available
WATCH OUT

What to check

  • Trustpilot rating currently unavailable
  • Trustpilot removed a number of fake reviews
  • Recent payout-related complaints
  • Recent complaints regarding risk-rule interpretation
  • Recent complaints regarding IP/VPN/account flags
  • Rules are significantly more complex than many mainstream prop firms
  • Standard minimum holding time is 3 minutes
  • Trades below the minimum holding time can trigger review or breach
  • Micro-scalping is prohibited
  • High-frequency trading is prohibited
  • Latency arbitrage is prohibited
  • Server spamming is prohibited
  • Hedging restrictions apply
  • Third-party copy trading is prohibited
  • Fully automated EAs are prohibited
  • Public scalping EAs are prohibited
  • Martingale EAs are prohibited
  • Grid EAs are prohibited
  • Funded-stage instrument risk limit applies
  • Risk above 50% of the daily loss limit on one instrument is prohibited
  • Weekend trading requires an add-on on most applicable accounts
  • 300K accounts have additional consistency requirements
  • Some second-chance accounts reduce profit split to 50%
  • Payouts may be subject to additional verification
  • Risk interviews may be required before payout
  • KYC is required before payout
  • Accounts are simulated / practice accounts
  • Model-specific rules can differ substantially
COMMUNITY REPUTATION

Trustpilot Overview

Independent community feedback and review statistics.

Trustpilot Status

Rating unavailable due to guideline breach

Trustpilot removed a number of fake reviews

RatingUnavailable
Total Reviews747
Last 12 Months451
5-Star Reviews77%
1-Star Reviews9%
CHARTSCALPING VERDICT

Highly Customizable Prop Firm with Attractive Payout Options but Significant Rule Complexity

FundedElite is a highly customizable proprietary trading platform offering 1-Step, 2-Step, Lite, Instant, Instant Elite, Flash Activation and Catalyst programmes. Traders can select different profit targets, maximum loss limits, payout schedules and profit splits, with some programmes offering up to 95% profit share. The Catalyst programme provides a direct funded path with a scaling ladder reaching $1M and up to 95% split. MT5 and TradeLocker are available. However, FundedElite has a relatively complex rule framework including minimum holding times, funded-stage instrument risk limits, restrictions on HFT and micro-scalping, EA limitations, weekend-trading add-ons and IP/VPN monitoring. Trustpilot currently shows no public rating because of a guideline breach and states that fake reviews were removed. Recent reviews also contain a noticeable number of complaints concerning payout reviews, risk-rule interpretation and IP-related account actions. Traders should therefore read the exact rules of the selected model before purchasing.

SCORE 7.9 /10
BEFORE YOU BUY

Final Verification Checklist

01

Risk Rules

Confirm daily drawdown, overall drawdown and how floating losses are calculated.

02

Trading Restrictions

Check news trading, weekend holding, EA, copy trading and prohibited strategies.

03

Payout Conditions

Check eligibility, minimum profit, payout cycle and verification requirements.

04

Instruments

Confirm XAUUSD, Forex pairs, indices and other instruments available.

05

Platform

Verify MT4, MT5, cTrader, DXtrade or other supported platforms.

06

Legal Terms

Always read the current Terms & Conditions before purchasing.

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