FundedElite Review: Offer and Rule Fit
FundedElite is listed on FundCoupon as a forex prop firm for traders comparing challenge pricing, current discounts, platform fit, and rule constraints. FundedElite, based in Italy and established in November 2023, is a CFD firm offering Instant, 1 Step and 2 Steps programs. It supports MT5 and TradeLocker and has a 4.3/5 review score from 66 reviews. The firm launched a Free Retry Model in 2023. Verified by FundCoupon for prop trading excellence.
Verdict: Consider FundedElite only after the offer, account rules, payout terms, and trading platform match your strategy. A coupon lowers entry cost; it does not reduce evaluation risk.
Firm Snapshot
FundedElite, based in Italy and established in November 2023, is a CFD firm offering Instant, 1 Step and 2 Steps programs. It supports MT5 and TradeLocker and has a 4.3/5 review score from 66 reviews. The firm launched a Free Retry Model in 2023. Verified by FundCoupon for prop trading excellence.
Key Details to Verify
- Founded: 2023-11
- Platforms: MT5, TradeLocker
- Instruments: FX, Metals, Indices, Energy, Crypto
- Broker: FundedElite
- Leverage: Detailed in Report
Notable Features
- 100000 FundedElite - Standard Free Retry - 2-step 100K
- 25000 FundedElite - Standard Free Retry - 2-step 25K
- 300000 FundedElite - Lite challenge - 1-step 300K
- 100000 FundedElite - Lite challenge - 1-step 100K
Trading Rules to Check
- copy Trading: Allowed within your own accounts using your strategies, not with signal providers or copying other traders. Copy trading allowed between your own accounts and across different brokers or prop firms, provided that no hedging or offsetting positions are involved.
- ea: Allowed if they help with risk management or serve as a base for strategies. Fully automated/martingale/grid/public scalping bots prohibited.
- news Trading: Allowed, especially for swing traders, but not for high-frequency trading (HFT) or hedging/arbitrage.
- weekend Holding: Allowed (positions can be held from Friday close to Monday open). Weekend trading permitted with Add-on.
- inactivity: 29 days inactivity period. Must place at least 1 trade every 29 days.
Payout Notes
Standard: 80% split. Instant: 70% first split, then adjustable. Second Chance: Max 50% split. Payouts via Rise and Crypto (max $500 crypto). Giveaway accounts capped at 2% payout.
Discount and Buying Caveat
FundCoupon tracks FundedElite offer information, but promotions, prices, eligibility, and checkout behavior can change. Use the saved offer button when available, then verify the final price and terms on the official checkout before paying.
Final Recommendation
FundedElite is worth shortlisting if its rules fit your existing trading process. Skip it if the discount is the main reason you are buying or if the drawdown, payout, platform, or strategy restrictions are unclear.