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Funded Elite

Flash Activation from $5. Lite Track from $13. 4 Platforms. 95% Split.

IT IT Est. 2023 Forex, Indices, Metals, Energy, US Stocks (174 assets)
8.4
BestProp Score
★★★★★
4.7 (280 reviews) Trustpilot
Exclusive 35% OFF — code BESTPROP
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Profit Split
60% (up to 95%)
Min Fee
$5
Max Account
$300,000
Instruments
Forex, Indices, Metals, Energy, US Stocks (174 assets)
Platforms
MT5, TradeLocker, Edge by Axe, cTrader
Payouts
Rise (Bank Transfer), Crypto (max $500/cycle)

Challenge Programs

All available funding programs and account sizes at Funded Elite.

Program Account Size Fee Phase 1 Phase 2 Daily DD Max DD Profit Split Refundable
Flash Activation $7,000 $5 6-12% 5% 5% 5-10% 60-95% No Start →
Flash Activation $100,000 $5 6-12% 5% 5% 5-10% 60-95% No Start →
Flash Activation $300,000 $5 6-12% 5% 5% 5-10% 60-95% No Start →
2-Step $7,000 $41 6-12% 5% 5% 5-10% 60-95% No Start →
2-Step $50,000 - 8% 5% 5% 8% 60-95% No Start →
2-Step $300,000 $6,263 12% 5% 5% 10% 60-95% No Start →
1-Step $7,000 $52 8-12% N/A 3% 5-10% 60-95% No Start →
1-Step $100,000 - 10% N/A 3% 8% 60-95% No Start →
Lite 2-Step $5,000 $13 6-12% 5% 4% 6-10% 60-95% No Start →
Lite 2-Step $100,000 - 8% 5% 4% 8% 60-95% No Start →
Lite 1-Step $5,000 $18 8-12% N/A 4% 6-10% 60-95% No Start →
Instant Funding $7,000 $159 None N/A 3% 6% Trailing 70-95% No Start →
Instant Funding $100,000 $2,787 None N/A 3% 6% Trailing 70-95% No Start →

Introduction to Funded Elite

Funded Elite was founded in 2023 and is operated from Latina, Italy, by co-CEOs Christian Habibi and Artur Seriihovych Deshko. The firm holds a 4.7/5 Trustpilot score from 280+ reviews – one of the stronger independent ratings for a firm its age. Six program types are offered, including the industry-unusual Flash Activation model where traders pay just $5 to start and only cover the remaining challenge fee upon passing. Maximum funded allocation reaches $300,000.

Note: Funded Elite and FuturesElite share co-CEO Christian Habibi and the same Latina, Italy base of operations. They are sibling firms under the same leadership.

Programs (6 Types)

Flash Activation ($5 upfront for all sizes $7K-$300K): The most accessible entry point in the prop firm space. Pay $5 to begin the evaluation. The remaining challenge fee is only charged upon successfully passing – if you fail, you lose only $5. This eliminates the primary financial risk of evaluation failure for traders who want to test the rules before committing.

2-Step Challenge ($41-$6,263 for $7K-$300K): Phase 1 profit target: 6-12% (varies by account size). Phase 2: 5%. Daily drawdown: 5%. Max drawdown: 5-10% static. Minimum 3 trading days per phase. No time limit. Profit split: 60-95%.

1-Step Challenge ($52-$6,928 for $7K-$300K): Single phase, 8-12% profit target. Daily drawdown: 3%. Max drawdown: 5-10% static. Minimum 3 trading days. Profit split: 60-95%.

Lite 2-Step ($13-$4,135 for $5K-$300K): Lower-cost variant of the 2-Step. Phase 1: 6-12%, Phase 2: 5%. Daily drawdown: 4%. Max drawdown: 6-10% static. Minimum 3 trading days. Profit split: 60-95%. Entry from $13 makes this one of the most affordable 2-step paths available.

Lite 1-Step ($18-$5,121 for $5K-$100K): Budget single-phase option with 3-day minimum. Daily drawdown: 4%. Max drawdown: 6-10% static. Profit split: 60-95%.

Instant Funding ($159-$2,787 for $7K-$100K): No profit target required. Daily drawdown: 3%. Max drawdown: 6% trailing equity. Profit split: 70-95%. Note: trailing equity drawdown on Instant accounts means the max loss threshold rises with the high watermark – tighter than static drawdown accounts.

Trading Rules

  • EAs: Permitted for analysis and risk control only. Fully automated EAs are prohibited.
  • Hedging: Allowed within the same account only. Cross-account and inter-broker hedging prohibited.
  • News trading: Allowed for swing strategies. High-frequency news tactics prohibited.
  • VPN/VPS: Allowed with prior approval from support.
  • Copy trading: Available.
  • Arbitrage: Prohibited.
  • Commission: $3-7 per round lot (varies by broker and asset). Factor this into profitability alongside the challenge fee.
  • Leverage: Up to 1:100 (Forex); 10-30x on other assets.

Platforms and Instruments

Platforms: MetaTrader 5, TradeLocker, Edge by Axe, cTrader. Four platforms is above average. Instruments: 174 assets covering Forex pairs, Indices, Metals, Energy, and US Stocks.

Payouts

  • Frequency: Bi-weekly (every 14 days) after first payout
  • Processing: 3-21 days initially; a 3-day processing add-on is available
  • Methods: Rise (bank transfers), Crypto direct transfer (max $500 per cycle)
  • Accepted payments: Credit card, Crypto, Google Pay, Apple Pay, Zen

Our Verdict

Funded Elite earns a 7.3 BestProp score. The Flash Activation model ($5 upfront) is a genuine industry innovation that removes the biggest barrier to evaluation entry – the fear of paying $40-$200 and failing. Four trading platforms, 4.7/5 Trustpilot from 280+ reviews, and six program types give traders meaningful choices. The Lite track makes prop trading accessible from $13.

Key watch-outs: the per-lot commission ($3-7/lot) adds real ongoing cost beyond the challenge fee, EA restrictions limit automated strategies to analysis roles, and the initial payout processing of 3-21 days is slower than industry average. The 60% minimum profit split on some programs is well below the 80-90% standard – check which split applies to your specific program and account size before purchasing. The sibling relationship with FuturesElite means the leadership team runs two firms simultaneously.

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