Are you ready to embark on a thrilling trading journey with FundedElite?
This innovative platform is making waves in the industry with its trader-centric approach and groundbreaking features!!!
Guess what?! FundedElite is a platform that truly puts your success first!!!
In this comprehensive review, we'll dive deep into what makes FundedElite stand out from the crowd!
From its commitment to transparency and swift payouts via Rise to its generous drawdown limits and comprehensive evaluation challenges, we'll explore how FundedElite is empowering traders worldwide!
Get ready to discover if FundedElite is the key to unlocking your trading potential!
FundedElite Review | Uncovered
FundedElite is a cutting-edge trading platform that has taken the industry by storm. Founded by Christian Habibi and Artur Serhiiovych Deshko, two seasoned traders with a passion for empowering others, FundedElite is headquartered in the vibrant city of Milan, Italy.
At the helm of this innovative company is Christian Habibi, a charismatic and visionary CEO who has dedicated his career to revolutionizing the trading landscape. With a deep understanding of the challenges traders face, Christian and his team have crafted a platform that prioritizes transparency, fairness, and unparalleled support.
FundedElite's state-of-the-art trading environment is designed to cater to traders of all levels, from novices to seasoned professionals. With features like low spreads, zero commissions, and the groundbreaking Second Chance feature, traders can hone their skills and maximize their potential without the burden of excessive fees or restrictive conditions.
But what truly sets FundedElite apart is its commitment to fostering a vibrant trading community. Through comprehensive evaluation challenges, generous profit-sharing opportunities, and a dedicated support team, FundedElite empowers traders to reach new heights and achieve their financial goals.
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| Key Information | Details |
|---|---|
| CEO | Christian Habibi |
| Key features | Low spreads, Second Chance feature, Comprehensive Evaluation, Transparency |
| Broker | ThinkMarkets, Purple Trading |
| Trading Platform | MetaTrader5 and CTrader |
| Payout Split | 80% |
| First Payout | 21 days |
| Subsequent Payouts | Bi-weekly |
| Daily Drawdown | 3-5% |
| Headquarters | Milan, Italy |
| Expert Advisors | Allowed |
| Max Funding | $200,000 |
| Funding Programs | The Ability Challenge, Funded Trader Program, Flex Trader Program, and Pro Trader Program |
| Leverage | 1:100 |
| Weekend Holding | Allowed |
| Contact | Email: support@fundedelite.com |
FundedElite Key Features
- Low Spreads:
Lowest spreads and zero commissions, allow traders to retain more of their profits.
- Second Chance feature:
the first or second phase. This is the first of its kind in the trading world.
- Comprehensive Evaluation:
Comprehensive evaluation challenges, including the Two-Step Evaluation Challenge and the One-Step Challenge, catering to different trading styles and preferences.
- Transparency:
Commitment to transparency and creating a secure, trustworthy trading environment for traders worldwide.
FundedElite Pros and Cons
Pros
Cons
How to Sign Up for FundedElite? Step-by-Step Guide
Step 1: Visit the FundedElite website (fundedelite.com).
Step 2: Click on the “Join Now” button to begin the registration process.
Step 3: Enter your personal information, including your legal name as it appears on your ID or passport (no nicknames), and your current address. Providing accurate information is crucial for the KYC verification process later on.
Step 4: Choose your preferred payment method – FundedElite accepts major credit/debit cards and cryptocurrencies.
Step 5: Select the evaluation challenge you wish to purchase. FundedElite offers various account sizes ranging from $7,000 to $200,000 (more to come!).
Step 6: Complete the payment process.
Step 7: Upon successful payment, you will receive login credentials via email to access the evaluation account.
Step 8: Start trading on the evaluation account to meet the challenge requirements, such as profit targets and drawdown limits.
Step 9: Once you pass the evaluation, you will progress to the Live Simulated Accounts stage.
Step 10: At this point, you will need to complete the KYC verification process by providing the required documents, such as a government-issued ID and proof of address.
Step 11: After successful verification, you can begin trading on the live funded account provided by FundedElite.
FundedElite Funding Programs
FundedElite offers two funding options: 1 Step and 2 Step.
1. 1 Step
The One-Step Challenge provides a straightforward path for confident traders to prove their abilities and potentially earn a funded account in a single phase. Traders need to achieve a 10% profit target while adhering to a maximum daily drawdown of 5% and an overall drawdown limit of 10%. There is no minimum trading day requirement, allowing flexibility to complete the challenge at one's own pace. Upon successful completion, traders are awarded a funded account with a generous profit split of up to 80%.
| Account Size | Price |
|---|---|
| $7,000 | $90 |
| $15,000 | $130 |
| $25,000 | $225 |
| $50,000 | $339 |
| $100,000 | $569 |
| $200,000 | $1,085 |
2. 2 Step
For those seeking a more gradual approach or aiming to build their skills incrementally, FundedElite's Two-Step Evaluation Challenge is an attractive option. This program is divided into two distinct phases. In Phase 1, traders must achieve an 8% profit target while maintaining a maximum daily drawdown of 4% and an overall drawdown limit of 8%, with no minimum trading day requirement. Upon successful completion of Phase 1, traders advance to Phase 2, where they must achieve an additional 5% profit target while adhering to the same drawdown limits as Phase 1.
| Account Size | Price |
|---|---|
| $7,000 | $79 |
| $15,000 | $115 |
| $25,000 | $195 |
| $50,000 | $295 |
| $100,000 | $495 |
| $200,000 | $945 |
FundedElite Payouts
When it comes to payouts and profit splits, FundedElite truly shines as a trader-centric platform. One of the most attractive features is their generous profit-sharing model, which allows traders to keep a substantial portion of their hard-earned profits.
FundedElite offers a base profit split of 80/20, meaning traders get to keep an impressive 80% of their profits, while the company retains 20%. However, the real game-changer is their “Second Chance” feature. If a trader encounters a setback and needs to restart their journey, they still have the opportunity to earn a 50/50 profit split.
What's truly remarkable is that FundedElite's profit splits are among the highest in the industry, demonstrating their commitment to creating a fair and rewarding environment for traders. Additionally, the platform ensures swift payouts through its partnership with Rise, providing one of the fastest withdrawal experiences in the market.
FundedElite's approach to payouts and profit splits is a testament to their understanding of traders' needs and their dedication to fostering a thriving trading community. With such attractive terms, traders can focus on honing their strategies and maximizing their earning potential, knowing that their efforts will be rewarded fairly.
Does FundedElite Partner With a Legit Broker?
When it comes to partnering with brokers, FundedElite takes a meticulous approach to ensure the utmost legitimacy and reliability. They understand that traders place their trust in the platform, and maintaining that trust is of paramount importance.
One of FundedElite's key broker partners is ThinkMarkets, a trading name for TF Global Markets, which is authorized and regulated by the prestigious Financial Conduct Authority (FCA) in the United Kingdom. This partnership allows FundedElite traders to access the popular MetaTrader 4 and MetaTrader 5 platforms, providing a familiar and user-friendly trading experience.
Additionally, FundedElite has joined forces with Purple Trading, a licensed Cyprus Investment Firm regulated by CySEC. This collaboration enables traders to leverage the cutting-edge cTrader platform, renowned for its advanced features and seamless execution.
Furthermore, FundedElite's partnership with these brokers allows traders to access a wide range of tradable instruments, including forex, indices, cryptocurrencies, metals, energies, and stocks. This diverse offering caters to traders with varying strategies and preferences, enabling them to explore different markets and capitalize on emerging opportunities.
Traders can confidently embark on their trading journey with FundedElite, knowing that their interests are safeguarded by the platform's stringent selection process for broker partnerships.
Why Should You Choose FundedElite over Other Prop Firms?
- Range of Account Sizes
FundedElite caters to traders of different levels by offering a range of account sizes from $7,000 to $200,000, allowing traders to choose an account size that suits their trading style and risk appetite.
- Multiple Trading Platforms
Traders can access popular platforms like MetaTrader 5 and cTrader through FundedElite's partnerships with regulated brokers like ThinkMarkets and Purple Trading.
- Diverse Tradable Instruments
FundedElite provides access to a wide range of tradable instruments, including Forex, Indices, Cryptocurrencies, Metals, Energies, and Stocks, giving traders flexibility in their strategies.
- Transparency and Fair Rules
According to reviews, FundedElite is praised for having transparent rules and an easy evaluation process, creating a fair trading environment for traders.
- Relatively New but Promising
While FundedElite is a newer prop firm established in 2023, it has already gained recognition for its innovative features and trader-centric approach, positioning itself as a promising option in the industry.
| Features | FundedElite | Maven Trading | Smart Prop Trader | Surge Trader |
|---|---|---|---|---|
| Trustpilot Rating | 4.6/5 | 4.7/5 | 4.7/5 | 4.5/5 |
| Max Funding | $200,000 | $100,000 | $100,000 | $1,000,000 |
| Profit Split | Upto 80% | Upto 85% | Upto 90% | Upto 90% |
| Trading Instrument | Forex, Currencies, Indices, Metals, Energies, and Cryptocurrencies | Forex, Currencies, Indices, Commodities | Forex, Commodities, Indices, and Cryptocurrencies | Forex, Commodities, Indices, and Cryptocurrencies |
| Platforms and Tools | MetatRader5 and CTrader | MetaTrader4 and MetaTrader5 | DXTrade | MetaTrader4 and MetatRader5 |
FundedElite Ratings and Reviews on Trustpilot
FundedElite rates a whopping 4.7 out of 5 on Trustpilot! ⭐
Review 1:
For Arjun, FundedElite is the best prop firm! He writes about the two most loved features of FundedElite – Free Second Chance and the CEO! 😉
Review 2:
This user talks about the talk of the town – FundedElite discounts!
Review 3:
The third user categorizes FundedElite as Reliable and Trustworthy!!! What else does a trader ask for🤩
FAQs of FundedElite
Can I get a refund if I change my mind?
In certain cases, if you contact FundedElite early and no trading activity has occurred, they may consider providing a refund. However, refunds are generally not issued once login credentials are received.
Why do I have to pay an account fee?
The account fee serves as motivation for traders to treat the account carefully and helps cover FundedElite's website and technology expenses.
Does FundedElite offer a free trial?
Currently, FundedElite does not offer a free trial, but they plan to introduce one in the future. However, some other sources like EliteTraderFunding.com mention offering a 14-day free trial.
Can I use someone else's credit card?
For security reasons, FundedElite advises using a credit card registered in your own name to ensure a smoother payment process.
How quickly do I get funded after passing the challenge?
After passing Phase 1, you receive a Phase 2 account immediately. If you pass Phase 2, you can expect a live trading account within 1 business day.
Are there any payout restrictions?
There are typically no restrictions on payouts, as long as you have not violated any rules. Payouts are processed as fast as possible.
How does the FundedElite Affiliate Program work?
The Affiliate Program allows traders to earn commissions by referring clients to FundedElite. Commission rates and rewards vary based on the tier achieved.
Wrapping Up
FundedElite has truly revolutionized the prop trading industry with its innovative features and unwavering commitment to empowering traders!
Don’t you agree?!
FundedElite has proven itself to be a platform that puts traders first!
But why settle for merely reading about FundedElite's offerings?!
Experience the thrill of trading with a prop firm that values transparency, fairness, and success!
Take the first step today by visiting their website and joining the ranks of traders who have already embarked on this exciting journey.
Don't let this opportunity pass you by!!!
With FundedElite's comprehensive evaluation challenges, you'll have the chance to showcase your skills and potentially earn up to $2 million in trading capital.
Embrace the future of prop trading and join the FundedElite community – where your dreams of becoming a funded trader can become a reality.
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