Kamal Latai
Founder & Lead Analyst
March 20, 202613 min read
8.0
/10
Overall Score
Based on 5 evaluation criteria
🛡Trust & Reputation7.5
📋Trading Rules7.5
💰Payout Process8.5
💎Value for Money8.5
⚡Platform & Tools8.5
Quick Summary
Italian prop firm with 6 programs including a unique $5 Flash Activation. Up to $600K allocation, 80-95% profit split, and fast payouts under 24 hours via Rise. Supports MT5, cTrader, TradeLocker, and Edge by Axe.
01Company Background
Founded in 2023 by childhood friends Christian Habibi (CEO) and Artur Seriihovych Deshko (COO), Funded Elite is headquartered in Latina, Italy. The co-founders entered proprietary trading in 2020 and built the firm to offer flexible evaluation paths for traders worldwide. The company is legally registered in the Czech Republic.
02Challenge Types & Pricing
Funded Elite offers 6 distinct programs: 2-Step and 1-Step evaluations (with free automatic retry), budget-friendly Lite versions of both, an Instant Funded option requiring no evaluation, and a unique Flash Activation program starting at just $5. Account sizes range from $5,000 to $300,000 with consistent 1:100 leverage across all programs.
03Trading Rules Analysis
News trading is allowed in a swing-style manner, though HFT around announcements is prohibited. Weekend holding is permitted. EAs are allowed for analysis and risk management but fully automated trading is banned. Copy trading is allowed between your own accounts only. Hedging within the same account is permitted. A minimum 3-minute trade duration applies. The 60% consistency rule applies to $300K accounts.
04Payout Process
First payout is available after 21 days, then bi-weekly (every 14 days). After 7 successful payouts, frequency upgrades to weekly. Processing is fast — typically under 24 hours via the Rise platform. The scaling plan adds 10% balance every 3 payouts, with profit split increasing to 90% after 5 payouts and up to 95% at higher tiers.
05True Cost Analysis
The $5 Flash Activation is the cheapest entry in the industry, though an activation fee applies after passing. Lite programs offer significant savings (e.g., $19 for a $5K 2-Step vs $89 for the standard version). Standard programs are competitively priced. No free retry on Lite programs — factor this into cost calculations.
06Who Should Use Funded Elite?
Funded Elite suits traders looking for flexibility — from beginners wanting to test with the $5 Flash Activation to experienced traders seeking $300K accounts. The variety of 6 programs, 4 trading platforms, and 174 instruments makes it adaptable to different trading styles. Best for forex and CFD traders who want fast payouts and scaling options.
07Alternatives
For similar multi-program flexibility, consider FXIFY or Blue Guardian. For cheaper entry points, Instant Funding or Bulenox (futures) offer competitive pricing. For higher profit splits from day one, The5ers or FundedNext may be preferable. Funded Elite's unique advantage is the $5 Flash Activation and 4-platform choice.
Final Verdict
8.0/10 — Very Good
PropFirm Key Expert Rating
Funded Elite is a versatile prop firm with an impressive range of 6 programs catering to all experience levels. The Flash Activation at $5 is genuinely innovative, and the multi-platform support (MT5, cTrader, TradeLocker, Edge by Axe) is above average. Payout processing under 24 hours and scaling to 95% profit split are strong positives. The main caveats are no free retry on Lite accounts and relatively new company history (founded 2023).