Our editorial team compared every key metric — fees, rules, profit split, payouts — so you can pick the right firm.
| Feature | Funded Squad | Elites Funding |
|---|---|---|
| Payout | ||
| Profit Split | 100% (most programs) | 80% (up to 90%) |
| First Payout | — | 10 |
| Payout Frequency | On-demand / Daily / Every 5–7 days (by program) | Daily (after 10 trading days funded) |
| Max Account Size | $200,000 | $200,000 |
Winner: Funded Squad
In this independent head-to-head comparison of Funded Squad vs Elites Funding, we break down challenge rules, pricing, profit splits, and payout conditions to help you decide which prop firm is the better fit for your trading style.
Funded Squad: $1K Missed-Payout Penalty. 100% Fee Refunds. Reward Protection.
Elites Funding: Gibraltar, Est. 2023. Fee Refunded on Passing. 24h Payout Guarantee. Daily Payouts.
Based on our independent scoring methodology, Funded Squad scores 8.9/10 overall — but the best choice depends on your specific needs. Read the full comparison below.
BestProp Score: Funded Squad scores 8.9/10 vs Elites Funding at 8.2/10.
Minimum Fee: Funded Squad starts from $49; Elites Funding starts from $95. Funded Squad is cheaper at entry level.
Profit Split: Funded Squad offers 100% (most programs); Elites Funding offers 80% (up to 90%). Elites Funding has the higher split.
Platforms: Funded Squad supports Platform 5, Match Trader; Elites Funding is on MT5, TradeLocker.
Tradeable Markets: Funded Squad covers Forex, Metals, Indices, Crypto, Commodities; Elites Funding offers Forex, Crypto (BTC, ETH, SOL, XRP), Indices, Commodities, Gold.
Challenge fees are typically the biggest factor when choosing a prop firm. Here is how Funded Squad and Elites Funding compare on pricing.
Funded Squad challenge fees start from $49. They have funded over 30,000+ traders. Total payouts to date: $2,000,000+.
Elites Funding challenge fees start from $95. The firm has operated since 2023. They have funded over 40,000+ traders. Total payouts to date: $12,000,000+.
On entry-level pricing, Funded Squad offers a lower starting fee — an important factor if you are testing with a smaller account first.
Funded Squad profit split: 100% (most programs). Elites Funding profit split: 80% (up to 90%). Elites Funding delivers the higher cut to traders.
Payout frequency: Funded Squad pays On-demand / Daily / Every 5–7 days (by program); Elites Funding pays Daily (after 10 trading days funded). Faster payouts are better for cash flow management.
Here is our full independent review of Funded Squad:
Funded Squad is operated by Devionics Technology FZCO, headquartered at Dubai Silicon Oasis, UAE. With 30,000+ traders across 130+ countries and $2M+ in distributed rewards, the platform has grown quickly since launch on the back of a notably trader-friendly ruleset: 100% fee refunds on evaluation accounts, reward protection that lets traders keep profits even after failing the funded phase, and the strongest payout penalty we have reviewed — a $1,000 bonus if their 12-hour processing window is missed.
Six distinct program types give traders genuine choice across instant funding and evaluation paths, all with 100% profit splits (except Instant Pro at 70%) and no time limits.
Funded Squad suits traders who want low drawdown risk with high profit retention. The 2-Step Squad account’s 12% max drawdown is one of the most forgiving in the space, while the 1-Step Evaluation’s 7% max drawdown with a refundable fee and 100% split is an attractive combination for traders who are confident in their edge but want fee protection if things go wrong.
The scaling plan doubles account size for every 10% profit milestone — a path that reaches $1,000,000 in total allocation. For systematic and EA traders, automated trading is permitted on all platforms and no consistency rules apply on instant accounts.
Funded Squad offers an unusual guarantee: if a trader fails the funded phase after already receiving payouts, those payouts are not clawed back. Earned rewards remain with the trader regardless of what happens to the account afterward. This removes the risk of a firm claiming back previously paid profits — a practice that has occurred at other firms and caused significant community backlash.
Two platforms: Platform 5 (their proprietary platform, built for speed and advanced order types) and Match Trader. Instruments: forex, metals, indices, crypto, commodities. EAs and automated strategies permitted on all platforms. No consistency rules on instant accounts.
Note: a $10 platform fee applies per account in addition to the challenge fee.
Funded Squad earns a 7.9 BestProp score. The combination of 100% fee refunds, $1,000 payout penalty, reward protection, no consistency rules, and six program types with 100% splits makes the trader-value proposition among the strongest we have reviewed. The 2-Step Squad’s 12% drawdown buffer stands out for traders who need breathing room. Platform 5 is proprietary but capable.
The firm is newer and $2M+ in total payouts — while real — is modest compared to larger firms. No public Trustpilot data was available at time of writing. Overall, Funded Squad is a strong contender for traders who want maximum split retention and fee protection, with the payout guarantee providing a meaningful safety net.
Here is our full independent review of Elites Funding:
Elites Funding was founded in 2023 and is operated by MASTERLABS LIMITED (Registration #123237), headquartered in Gibraltar. The firm has paid out $12M+ to 40,000+ traders across 140+ countries, and holds a 4.6/5 Trustpilot rating from 240+ reviews. Maximum initial account size is $200,000, scaling to $300,000 with performance milestones. All accounts operate on MetaTrader 5 or TradeLocker. Challenge fees are fully refunded upon successful challenge completion.
A standout operational feature: Elites Funding offers a 24-hour payout guarantee — if processing exceeds 24 hours, the firm pays an extra $1,000. Payouts are available daily after 10 trading days on funded accounts.
Standard 2-Phase ($95-$949 for $10K-$200K): Phase 1: 9% profit target. Phase 2: 5% profit target. Daily loss: 5%. Max drawdown: 10% static. No consistency rule. News trading permitted. Fee refunded on passing. Up to 90% split. Best for traders who prefer two-phase evaluation with wider drawdown buffers and a lower Phase 1 target than single-phase programs.
Express 1-Phase ($105-$1,090 for $10K-$200K): Single phase, 10% profit target. Daily loss: 3%. Max drawdown: 6% static. No consistency rule. News trading permitted. Fee refunded on passing. Up to 90% split. Tighter drawdown parameters than Standard, but single-phase completion and a slightly higher entry fee premium.
Instant Funding ($157-$525 for $10K-$50K): No evaluation required. No profit target. Daily loss: 3%. Max drawdown: 5% trailing (not static — the drawdown ceiling moves with equity peaks). On-demand funded access. Up to 90% split. The trailing drawdown means traders must be careful not to give back profits — the ceiling locks at the highest equity reached.
Platforms: MetaTrader 5, TradeLocker. Instruments: Forex, Crypto futures (BTC, ETH, SOL, XRP), Indices (NAS100, SPX500, JPN225), Commodities (USOIL, Gold, Silver, Copper). Both MT5 and TradeLocker are accessible at no extra cost within the same program.
Elites Funding earns a 7.0 BestProp score. Founded in 2023 by Gibraltar-registered MASTERLABS LIMITED, the firm has built a credible early track record: 4.6/5 Trustpilot, $12M+ paid, 40,000+ traders. The 24-hour payout guarantee with $1,000 penalty is a meaningful accountability commitment. Fee refund on successful challenge completion removes downside risk. No consistency rule and news trading permitted on all programs add flexibility. Daily payouts after 10 days is fast for the industry.
Key limitations: EAs are completely prohibited — making Elites Funding unsuitable for any algo or semi-automated trader. Payouts are issued exclusively in USDT ERC20 — traders who prefer bank wire or other crypto must convert after withdrawal. The 240+ Trustpilot review count, while positive, is modest for a firm claiming 40,000+ traders. The $200K account ceiling (before scaling) and Gibraltar registration place this in the mid-tier. A solid choice specifically for manual traders who prioritise daily payouts and guaranteed processing speed.
Overall, our independent scoring gives Funded Squad the edge in this 2026 comparison. However, both firms have their merits. If Elites Funding better matches your specific trading style, instruments, or preferred platform, it may still be the right choice for you.
Use our comparison table above and review the challenge fees at both firms before making your final decision. Both offer risk-free evaluation programs — the challenge fee is the only money at risk.
Based on our independent scoring, Funded Squad scores higher overall (8.9/10). The best choice depends on your trading style, preferred instruments, and account size.
Funded Squad offers a lower entry-level challenge fee. However, always compare the full account sizes you plan to trade before deciding purely on price.
Elites Funding offers the higher profit split. Funded Squad: 100% (most programs). Elites Funding: 80% (up to 90%).
EA policies: Funded Squad — check the review. Elites Funding — check the review. Always verify the latest policy directly with the firm.
News trading: Funded Squad — check the review. Elites Funding — check the review.
Read the full Funded Squad review → · Read the full Elites Funding review →
Based on our scoring methodology, Funded Squad edges ahead in this comparison. However, the best choice depends on your trading style, preferred platform and account size. Read the full breakdown above for a detailed verdict.
Funded Squad offers 100% (most programs) profit split, while Elites Funding offers 80% (up to 90%) profit split. Check each firm's current terms as these can change.
Check our offers page for the latest verified deals on both firms.
Funded Squad processes first payouts in a variable timeframe, while Elites Funding takes approximately 10 day(s). Always verify current payout timelines on the firm's website.
Neither Funded Squad nor Elites Funding are regulated in the traditional financial sense — prop firms operate as private companies providing traders access to simulated or real capital. Always read the terms and conditions carefully before participating in any prop challenge.
