# Elites Funding — rules, pricing and payouts

> Elites Funding — proprietary trading firm tracked by Prop Firm Pal.

**Source:** https://propfirmpal.com/firms/unverified/elites-funding  
**Generated:** 2026-10-06  
**Publisher:** Prop Firm Pal — independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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## Key terms
| Field | Value |
| --- | --- |
| Verification | Sourced from the firm’s own website, not verified |
| Community rating | no reviews yet |
| Evaluation types | not published |
| Cost to a $100,000 funded account | not published |
| Cheapest entry price | not published |
| Instant funding | not offered |
| Account sizes | not published |
| Maximum profit split | not published |
| Phase 1 profit target | not published |
| Daily drawdown | not published |
| Maximum drawdown | not published |
| Platforms | not published |
| Instruments | not published |
| Payment methods | not published |
| Payout methods | not published |
## Is Elites Funding legit?

Prop Firm Pal has not verified Elites Funding, so this is not an endorsement: it is what the record shows. Its own pages name the operating company as MASTERLABS LIMITED, in Gibraltar. Its website has been active in Prop Firm Pal's monthly traffic record since November 2025, and traffic over the last three months is growing fast. Its payout policy is published, and summarised on the Payouts tab.

| Record | What we hold |
| --- | --- |
| Company | MASTERLABS LIMITED |
| Headquarters | Gibraltar |
| In our traffic record | Since November 2025 (10 months) |
| Traffic, last three months | Growing fast (+1508% to August 2026) |

- Company: "are operated by MASTERLABS LIMITED, a company registered in Gibraltar with registration number 123237 and registered address at Suite 2, 260 Main Street, GX11 1AA, Gibraltar." — https://elitesfunding.com/terms-of-use/
- Headquarters: "Elites Funding is headquartered in Gibraltar and operates globally." — https://elitesfunding.com/faq/

## What this firm publishes

Elites Funding is a forex prop firm operated from Gibraltar by MASTERLABS LIMITED that sells three simulated-funding programs on one platform: the two-step Standard Evaluation, the single-phase Express Challenge and Instant Funding accounts that skip the evaluation. Challenge account sizes run from $10,000 to $200,000 and Instant Funding from $10,000 to $50,000, all traded on TradeLocker Demo across forex, crypto futures, indices and commodities. Profit split starts at 80% and the firm advertises up to 95% through scaling, with total allocation capped at $500,000 per trader and $100,000 across Instant Funding accounts.

The targets and drawdown differ by program. Standard Evaluation asks for 9% in Phase 1 and 5% in Phase 2 inside a 5% daily and 10% overall loss limit measured from the starting balance, with 5 trading days per phase. The Express Challenge asks for 10% inside a 3% daily and 6% overall limit with 4 trading days. Instant Funding sets no profit target but uses a 3% daily and 5% overall trailing drawdown that follows the highest equity reached. No phase has a time limit, though 30 days without a trade closes the account. Breaching the daily loss limit permanently breaches the account, with no reset and no free retake. The 30% consistency rule is checked only at the funded stage and on Instant Funding accounts. News trading and holding over weekends are allowed; EAs, trade copiers, copy trading, cross-account hedging, martingale, grid and high-frequency strategies are prohibited, and repeated trades held for up to roughly 30 minutes are treated as system abuse.

Payouts are requested on demand after 10 trading days on a funded account, paid only in USDT (ERC20) within 24 hours of approval, and the minimum request must be at least the challenge fee paid. That fee is returned with the first approved payout, and an untraded account can be refunded within 14 days of purchase. Fees run from $95 for the $10,000 Standard Evaluation to $1,090 for the $200,000 Express Challenge, with Instant Funding from $157 to $525. KYC is required before a funded account is issued.

_Compiled from Elites Funding's own published pages, retrieved 2026-09-15. Not independently verified by Prop Firm Pal._

| Field | Value | Source |
| --- | --- | --- |
| legalName | MASTERLABS LIMITED | [published page](https://elitesfunding.com/terms-of-use/) |
| headquarters | Gibraltar | [published page](https://elitesfunding.com/faq/) |
| platforms | TradeLocker | [published page](https://elitesfunding.com/faq/) |
| availableAssets | Forex, Crypto futures, Indices, Commodities | [published page](https://elitesfunding.com/) |
| paymentMethods | Debit and credit cards, Digital currencies | [published page](https://elitesfunding.com/faq/) |
| payoutMethods | USDT (ERC20) | [published page](https://elitesfunding.com/faq/) |
| payoutFrequency | On demand, and every payout is discretionary and manually reviewed | [published page](https://elitesfunding.com/terms-of-use/) |
| restrictedCountries | Countries subject to OFAC sanctions, Countries on the FATF blacklist | [published page](https://elitesfunding.com/faq/) |
| consistencyRulePercent | 30 | [published page](https://elitesfunding.com/faq/) |
| positioning | A provider of simulated trading environments built to evaluate trading performance | [published page](https://elitesfunding.com/terms-of-use/) |
| targetTrader | Traders who trade on their own judgment and manage risk | [published page](https://elitesfunding.com/prohibited-trading-strategies/) |
| accountCurrencies | USD | [published page](https://elitesfunding.com/get-funded/) |
| maxAllocation | 500000 | [published page](https://elitesfunding.com/faq/) |
| scalingPlan | Accounts can be scaled over time up to $500,000 in simulated capital on consistent performance | [published page](https://elitesfunding.com/faq/) |
| resetPolicy | One free retake per purchase, on challenge accounts during the evaluation phases only | [published page](https://elitesfunding.com/faq/) |
| refundPolicy | Refund within 14 days of purchase only if no trades have been placed; the challenge fee is also returned with the first approved payout | [published page](https://elitesfunding.com/refund-policy/) |
| inactivityPolicy | Accounts with no positions opened for 30 continuous days may be suspended, reset or closed without notice | [published page](https://elitesfunding.com/prohibited-trading-strategies/) |
| kycRequirements | Identity verification before a funded account is issued: a valid ID and proof of address, submitted in the Member Area | [published page](https://elitesfunding.com/faq/) |
| minPayoutAmount | At least equal to the challenge fee paid | [published page](https://elitesfunding.com/faq/) |
| payoutProcessingTime | Up to 24 hours once the request is approved | [published page](https://elitesfunding.com/faq/) |
| supportChannels | Live chat, Email | [published page](https://elitesfunding.com/refund-policy/) |
| supportHours | 24/7 | [published page](https://elitesfunding.com/faq/) |
| rules | [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object | — |
| plans | 13 plans | [published page](https://elitesfunding.com/get-funded/) |

## Frequently asked questions

### What is Elites Funding's profit split?

Elites Funding says the profit split starts at 80% and can increase up to 95% based on performance. The higher levels are reached through scaling on a funded account rather than bought, and the firm states that all payouts are based on simulated trading performance.

### How much does an Elites Funding challenge cost?

Its buy page lists $95 for the $10,000 Standard Evaluation, $299 for $50,000, $499 for $100,000 and $949 for $200,000. The Express Challenge costs $105 to $1,090 for the same sizes, and Instant Funding is $157 for $10,000, $359 for $25,000 and $525 for $50,000.

### What are the Elites Funding drawdown rules?

Standard Evaluation allows a 5% daily and 10% overall loss from the starting balance, and the Express Challenge 3% daily and 6% overall. Both are measured on equity, including open positions, and the daily limit resets at 00:00 GMT while the overall limit never resets.

### Does Elites Funding have a trailing drawdown?

Only on Instant Funding accounts. Those use a 3% daily trailing loss from the highest equity reached that day and a 5% overall trailing loss from the highest equity reached on the account, so both thresholds move up as the account grows.

### Does Elites Funding have a consistency rule?

Yes, set at 30%, meaning no single day's profit may exceed 30% of total profit for the period. It is checked automatically when a payout is requested and applies only at the funded stage, including Instant Funding accounts, not during the evaluation phases.

### Does Elites Funding allow news trading and EAs?

News trading is allowed on every program, and positions may be held overnight and over the weekend. Expert advisors, trading robots, trade copiers and any automated trading are prohibited, as are copy trading, cross-account hedging, martingale, grid and high-frequency strategies.

### How do Elites Funding payouts work?

Payouts are requested on demand from the Member Area after a minimum of 10 trading days on a funded account. All payouts are made in USDT (ERC20) and sent within up to 24 hours of approval, and the amount requested must be at least equal to the challenge fee paid.

### Does Elites Funding offer instant funding?

Yes. Instant Funding accounts of $10,000, $25,000 and $50,000 start without an evaluation and have no profit target, but carry 3% daily and 5% overall trailing drawdown, the 30% consistency rule and a 10 trading day wait before the first payout.

### Does Elites Funding refund the challenge fee?

In two ways. An account with no trades placed can be refunded within 14 days of purchase, processed in 3 to 5 business days, and the sign-up fee is otherwise returned alongside the first approved payout once the funded account has traded at least 10 days.

### What is the Elites Funding free retake?

One free retake per purchase lets a trader restart a challenge at no extra cost. It covers the Standard Evaluation and Express Challenge evaluation phases only, is unavailable on Instant or funded accounts, and is lost once losses pass 60% of the maximum allowed loss or the account is breached.

### Which countries are restricted at Elites Funding?

Elites Funding says it does not provide services to residents of countries subject to OFAC sanctions or included on the FATF blacklist, and it does not name those countries on the pages read. Trading from sanctioned, embargoed or otherwise restricted jurisdictions is prohibited.

### Is Elites Funding legit?

The site is operated by MASTERLABS LIMITED, registered in Gibraltar with number 123237 at Suite 2, 260 Main Street. It states it is not a regulated financial institution and that all accounts, funded ones included, are simulated demo accounts. Its terms add that every payout is discretionary and subject to manual review, that meeting the program rules does not guarantee a payout, and that accounts may be suspended or terminated at its sole discretion.

## Related pages
- [Elites Funding rules](https://propfirmpal.com/firms/unverified/elites-funding/rules) — markdown: https://propfirmpal.com/firms/unverified/elites-funding/rules.md
- [Elites Funding payouts](https://propfirmpal.com/firms/unverified/elites-funding/payouts) — markdown: https://propfirmpal.com/firms/unverified/elites-funding/payouts.md
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- [Elites Funding web traffic history](https://propfirmpal.com/firms/unverified/elites-funding/traffic)