Elites Funding Rules 2026: Drawdown & Profit Targets

Elites Funding Trading Rules Overview

Elites Funding Challenge Rules by Program

Program	Account	Phase 1 Target	Phase 2 Target	Daily DD	Max DD
Standard 2-Phase	$10,000	9%	5%	5%	10% Static
Standard 2-Phase	$25,000	9%	5%	5%	10% Static
Standard 2-Phase	$50,000	9%	5%	5%	10% Static
Standard 2-Phase	$100,000	9%	5%	5%	10% Static
Standard 2-Phase	$200,000	9%	5%	5%	10% Static
Express 1-Phase	$10,000	10%	N/A	3%	6% Static
Express 1-Phase	$25,000	10%	N/A	3%	6% Static
Express 1-Phase	$100,000	10%	N/A	3%	6% Static
Express 1-Phase	$200,000	10%	N/A	3%	6% Static
Instant Funding	$10,000	None	N/A	3%	5% Trailing
Instant Funding	$25,000	None	N/A	3%	5% Trailing
Instant Funding	$50,000	None	N/A	3%	5% Trailing

Full Elites Funding Review

Introduction to 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.

Programs

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.

Trading Rules

EAs/Algos: Prohibited on all accounts. Elites Funding does not allow automated trading strategies — strictly manual trading only. This is a significant restriction compared to most competitors.
News trading: Permitted across all programs.
Martingale/Arbitrage: Prohibited.
Hedging: Permitted within the same account. Group hedging across multiple accounts prohibited.
VPN/VPS: Discouraged; proof of legitimate use required if flagged.
Drawdown type: Static on Standard and Express. Trailing on Instant.
Overnight/weekend holds: Not explicitly restricted.

Platforms and Instruments

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.

Payouts

Frequency: Daily (after 10 trading days minimum on funded accounts)
Guarantee: 24-hour processing or $1,000 bonus
Minimum withdrawal: Equal to the challenge fee paid
Methods: USDT (ERC20) only — no bank wire, no other crypto, no fiat transfer
Payment in: Credit/Debit cards, Cryptocurrency
Scaling: To $300K with performance milestones (no additional fee)

Our Verdict

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.

FAQ

See the challenge rules table above for current profit targets.

See the drawdown details in the table above.

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