Rules | Phase 1 | Phase 2 | Elite Trader |
---|---|---|---|
Profit Target | 8% | 5% | N/A |
Drawdown Type | Static | Static | Static |
Daily Drawdown | 5% | 5% | 5% |
Static Total Drawdown | 10% | 10% | 10% |
Second Chance | Yes | Yes | N/A |
Max Trading Days | No time limit | No time limit | No time limit |
Min Trading Days | 3 Days | 3 Days | 3 Days |
Challenge Leverage | Up to 1:100 | Up to 1:100 | Up to 1:100 |
Weekend Holding | Yes | Yes | Yes |
News Trading | Allowed | Allowed | Allowed |
Profit Split | N/A | N/A | Up to 95% |
Rules | Phase 1 | Elite Trader |
---|---|---|
Profit Target | 10% | N/A |
Drawdown Type | Static | Static |
Daily Drawdown | 3% | 3% |
Total Drawdown | 8% | 8% |
Second Chance | Yes | N/A |
Max Trading Days | No time limit | No time limit |
Min Trading Days | 3 Days | 5 Days |
Challenge Leverage | Up to 1:100 | Up to 1:100 |
Weekend Holding | Yes | Yes |
News Trading | Allowed | Allowed |
Profit Split | N/A | Up to 95% |
Rules | Phase 1 | Phase 2 | Elite Trader |
---|---|---|---|
Profit Target | 9% | 5% | N/A |
Drawdown Type | Static | Static | Static |
Daily Drawdown | 3% | 3% | 3% |
Total Drawdown | 6% | 6% | 6% |
Max Trading Days | No time limit | No time limit | No time limit |
Min Trading Days | 3 days | 3 days | 3 days |
Challenge Leverage | Up to 1:50 | Up to 1:50 | Up to 1:50 |
Payout | N/A | N/A | On Demand |
Weekend Holding | No | No | No |
News Trading | Allowed | Allowed | Allowed |
Profit Split | N/A | N/A | Up to 95% |
Rules | Elite Trader |
---|---|
Profit Target | N/A |
Drawdown Type | Relative |
Daily Drawdown | 4% |
Total Drawdown | 6% |
Max Trading Days | No time limit |
Min Trading Days | 3 days |
Challenge Leverage | Up to 1:100 |
Weekend Holding | Yes |
News Trading | Allowed |
Baseline Profit Split | 70% - Scalable up to 95% |
Unleash Your Trading Potential with Our UniqueBenefits
Get an automatic retry with our 'Second Chance' feature. If you breach a rule, you can restart from Phase 1 of the challenge, once per challenge bought. We believe in giving traders a fair opportunity to succeed.
Experience trading with ultra-low spreads starting from as low as 0.01 on major pairs, and enjoy commission-free trading on indices and crypto. Our unique offering includes minimal spreads for Forex and metals, and no slippage during news or high volatility market times.
We offer challenges with payouts on demand. Our standard challenge includes a free second chance and biweekly payouts, starting 21 days after the first payout. With our addons, payouts can be increased to weekly.
Get an automatic retry with our 'Second Chance' feature. If you breach a rule, you can restart from Phase 1 of the challenge, once per challenge bought. We believe in giving traders a fair opportunity to succeed.
Grow with our dynamic scaling plan. Start with an 80% profit split and evolve to a 90% split. Enjoy balance increases, more frequent payouts, and increased drawdown limits as you successfully complete payouts.
FundedElite provides a variety of trading challenges to suit all trader levels. Enjoy easier challenges with a second chance for novice traders, budget-friendly stricter challenges, flexible 1-step and 2-step options, and direct funding programs.
Features | |||
---|---|---|---|
Account Size | 200K Challenge | 200K Challenge | 400K Challenge |
100k Account Price | $495 | €540 | $588 |
Max. Consolidation | 600k | 400k | 400k |
Max Scaling | Up to 2M | Up to 2M | Up to 1M |
Ultimate Drawdown Limit | Up to 15% | N/A | N/A |
Simulated Payout Split | Up to 95% | 80% | Up to 95% |
Evaluation | 1 & 2 Phase + Elite Challenge | 2 Phase | 1, 2 & 3 Phase |
Free Second Chance | Yes | No | No |
Refundable Fee | Yes | Yes | No |
Drawdown Type | Static | Static | Relative |
Max. Drawdown | 10% | 10% | 8% |
Daily Drawdown | 5% | 5% | 4% |
Weekend Holding | Yes | Only in Swing | Yes |
News Trading | Yes | Restricted | Restricted |
No, Funded Elite, operated by Quantum Srls is not a broker and does not accept deposits. We provide credentials to join a third-party platform for traders to showcase their skills.
For our cTrader account, we use Purple Trading as our broker. Purple Trading is a world-licensed broker offering low commissions and raw spreads. For Tradelocker accounts, we directly bridge them to their broker partners for a smooth experience.
To become an Elite Funded Trader, successfully complete both phases of your chosen trading challenge to become an Elite Funded Trader.
You get a "second Chance" opportunity to retake the challenge and learn from any setbacks