UP TO 25% OFF PROP FIRM ACCOUNTSCODE: PALEARN PAL POINTS ON QUALIFYING PURCHASES - REDEEM FOR REWARDSEARN PAL POINTS ON QUALIFYING PROP FIRM PURCHASES - REDEEM FOR REWARDSCODE: PAL
Unbiased Prop Firm Data, Reviews & Comparisons
Funded Elite
This prop firm is currently not listed on Prop Firm Pal. In the future this may change.
0
Based on 0 reviews
Funded Elite Review: Rules, Profit Split & Payouts
Funded Elite is a forex and CFD prop firm run by Quantum SRL from Latina, Italy, and built around what it calls the 'Second Chance' idea: its 2-Step and 1-Step Challenge + FREE RETRY accounts reissue a breached challenge once, automatically. Alongside them it sells LITE 1-step and 2-step challenges without the retry, INSTANT funded accounts with no evaluation, a pay-after-you-pass Flash Activation challenge, and The Catalyst, an instant account that doubles in size after every approved payout up to $1,000,000. Challenge sizes run from $5,000 to $300,000 on MetaTrader 5 or TradeLocker, and the help centre caps a trader's combined live funded allocation at $400,000.
Most Funded Elite rules are picked at checkout. On the free-retry and LITE challenges the trader chooses the max loss limit, profit target, profit split and payout interval, while daily drawdown is fixed: 5% on the 2-step free retry, 4% on LITE 2-step and 3% on both 1-step versions, all with static max drawdown and 3 minimum profitable trading days per phase. INSTANT accounts have a 3% daily and 6% trailing drawdown, and Flash Activation needs a 6% target inside 3% daily and 6% overall. Every $300,000 account adds a 60% consistency rule and 5 minimum days. The rules most likely to cost an account are the 3-minute minimum holding time (30 seconds with the scalping add-on), the ban on weekend trading without an add-on, and the ban on hedging. News trading is allowed, and EAs only as tools that support manual trading.
Payouts go through Rise, or by crypto up to 500 USD per cycle, with fees deducted. Splits of 60% to 95% are chosen at checkout; the help centre calls 80% the standard rate, INSTANT accounts pay 70% on the first payout, free-retry accounts drop to 50%, and a soft breach pays at 30%. The first payout is requestable after 21 days on the challenges. Funded Elite's refund terms differ by page: the refund article says sales are final once login details arrive, the terms allow a request within 14 days if nothing has been traded, and another article returns the fee with the third payout for first-time passers. Challenge prices were not found on the pages read, apart from Flash Activation's $5 entry and activation fees of $159 to $989.
Free-retry 1-step and 2-step challenges that reissue a breached challenge once
LITE challenges, INSTANT funded accounts, Flash Activation and The Catalyst
Challenge sizes from $5,000 to $300,000; $400,000 combined funded cap
Profit split chosen at checkout from 60% to 95%; 50% after a free retry
Flash Activation: $5 to start, activation fee of $159 to $989 after passing
The Catalyst doubles the account after each payout, up to $1,000,000
3-minute minimum holding time; hedging and weekend trading not allowed
News trading allowed; EAs only as support tools
Is Funded Elite legit?
Prop Firm Pal has not verified Funded Elite, so this is not an endorsement: it is what the record shows. Its own pages name the operating company as Quantum SRL, in Latina, Italy. It was founded in 2023. Its website has been active in Prop Firm Pal's monthly traffic record since November 2025, and traffic over the last three months is falling sharply. Its payout policy is published, and summarised on the Payouts tab.
Record
What we hold
Company
What we hold
Quantum SRL
Founded
What we hold
2023
Headquarters
What we hold
Latina, Italy
In our traffic record
What we hold
Since November 2025 (10 months)
Traffic, last three months
What we hold
Falling sharply (-59% to August 2026)
In Funded Elite's words
Company: “Quantum SRL, a company incorporated in Italy with registered office at Via Maira 13, Latina 04100, P.IVA 03095010595, operating under the trade name “Funded Elite”” fundedelite.com/…/terms-and-conditions
Headquarters: “Address: Via Maira 13, Latina 04100, Italy” fundedelite.com/…/terms-and-conditions
Funded Elite trading platforms
Instruments & payment methods
Payment methods
Funded Elite challenges & plans
Plan
Type
Account size
Profit target
Daily drawdown
Max drawdown
Drawdown type
Profit split
Min trading days
2-Step Challenge + FREE RETRY
Type
2-step
Account size
$7K
Profit target
—
Daily drawdown
5%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
2-Step Challenge + FREE RETRY
Type
2-step
Account size
$15K
Profit target
—
Daily drawdown
5%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
2-Step Challenge + FREE RETRY
Type
2-step
Account size
$25K
Profit target
—
Daily drawdown
5%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
2-Step Challenge + FREE RETRY
Type
2-step
Account size
$50K
Profit target
—
Daily drawdown
5%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
2-Step Challenge + FREE RETRY
Type
2-step
Account size
$100K
Profit target
—
Daily drawdown
5%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
2-Step Challenge + FREE RETRY
Type
2-step
Account size
$200K
Profit target
—
Daily drawdown
5%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
2-Step Challenge + FREE RETRY
Type
2-step
Account size
$300K
Profit target
—
Daily drawdown
5%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
5
1-Step Challenge + FREE RETRY
Type
1-step
Account size
$7K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
1-Step Challenge + FREE RETRY
Type
1-step
Account size
$15K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
1-Step Challenge + FREE RETRY
Type
1-step
Account size
$25K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
1-Step Challenge + FREE RETRY
Type
1-step
Account size
$50K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
1-Step Challenge + FREE RETRY
Type
1-step
Account size
$100K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
1-Step Challenge + FREE RETRY
Type
1-step
Account size
$200K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
1-Step Challenge + FREE RETRY
Type
1-step
Account size
$300K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
5
LITE 2-Step Challenge
Type
2-step
Account size
$5K
Profit target
—
Daily drawdown
4%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
LITE 2-Step Challenge
Type
2-step
Account size
$15K
Profit target
—
Daily drawdown
4%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
LITE 2-Step Challenge
Type
2-step
Account size
$25K
Profit target
—
Daily drawdown
4%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
LITE 2-Step Challenge
Type
2-step
Account size
$50K
Profit target
—
Daily drawdown
4%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
LITE 2-Step Challenge
Type
2-step
Account size
$100K
Profit target
—
Daily drawdown
4%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
LITE 2-Step Challenge
Type
2-step
Account size
$200K
Profit target
—
Daily drawdown
4%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
LITE 2-Step Challenge
Type
2-step
Account size
$300K
Profit target
—
Daily drawdown
4%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
5
LITE 1-Step Challenge
Type
1-step
Account size
$5K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
LITE 1-Step Challenge
Type
1-step
Account size
$15K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
LITE 1-Step Challenge
Type
1-step
Account size
$25K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
LITE 1-Step Challenge
Type
1-step
Account size
$50K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
LITE 1-Step Challenge
Type
1-step
Account size
$100K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
LITE 1-Step Challenge
Type
1-step
Account size
$200K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
3
LITE 1-Step Challenge
Type
1-step
Account size
$300K
Profit target
—
Daily drawdown
3%
Max drawdown
—
Drawdown type
static
Profit split
—
Min trading days
5
INSTANT (Standard and ELITE)
Type
instant funding
Account size
$7K
Profit target
—
Daily drawdown
3%
Max drawdown
6%
Drawdown type
trailing
Profit split
—
Min trading days
4
INSTANT (Standard and ELITE)
Type
instant funding
Account size
$15K
Profit target
—
Daily drawdown
3%
Max drawdown
6%
Drawdown type
trailing
Profit split
—
Min trading days
4
INSTANT (Standard and ELITE)
Type
instant funding
Account size
$25K
Profit target
—
Daily drawdown
3%
Max drawdown
6%
Drawdown type
trailing
Profit split
—
Min trading days
4
INSTANT (Standard and ELITE)
Type
instant funding
Account size
$50K
Profit target
—
Daily drawdown
3%
Max drawdown
6%
Drawdown type
trailing
Profit split
—
Min trading days
4
INSTANT (Standard and ELITE)
Type
instant funding
Account size
$100K
Profit target
—
Daily drawdown
3%
Max drawdown
6%
Drawdown type
trailing
Profit split
—
Min trading days
4
Flash Activation
Type
1-step
Account size
$25K
Profit target
6%
Daily drawdown
3%
Max drawdown
6%
Drawdown type
static
Profit split
80%
Min trading days
—
Flash Activation
Type
1-step
Account size
$50K
Profit target
6%
Daily drawdown
3%
Max drawdown
6%
Drawdown type
static
Profit split
80%
Min trading days
—
Flash Activation
Type
1-step
Account size
$100K
Profit target
6%
Daily drawdown
3%
Max drawdown
6%
Drawdown type
static
Profit split
80%
Min trading days
—
Flash Activation
Type
1-step
Account size
$200K
Profit target
6%
Daily drawdown
3%
Max drawdown
6%
Drawdown type
static
Profit split
80%
Min trading days
—
The Catalyst
Type
instant funding
Account size
$25K
Profit target
—
Daily drawdown
3%
Max drawdown
6%
Drawdown type
trailing
Profit split
80%
Min trading days
5
The Catalyst
Type
instant funding
Account size
$50K
Profit target
—
Daily drawdown
3%
Max drawdown
5%
Drawdown type
trailing
Profit split
80%
Min trading days
5
Funded Elite trading rules
Rule
Stance
Condition
News trading
Stance
Conditional
Condition
Allowed, but not combined with high-frequency trading or hedging between accounts; the terms also bar opening trades when major macroeconomic events are scheduled
Expert advisors and automated trading
Stance
Conditional
Condition
Only as support tools (risk management, trade confirmation, position sizing, analysis); EAs must not execute trades independently, and the terms bar EAs or bots that give an unfair advantage
Copy trading
Stance
Conditional
Condition
Only from accounts the trader owns, with EAs enabled by the team for a trade copier; the terms prohibit copy trading between accounts unless expressly authorized
Hedging
Stance
Not permitted
Condition
—
Martingale and grid strategies
Stance
Conditional
Condition
Martingale is allowed barring fraudulent use; grid trading is allowed unless used for market manipulation, over-leveraging or risk-free profits; EAs that run martingale or grid systems are not permitted
High-frequency and latency arbitrage
Stance
Not permitted
Condition
—
Consistency rule
Stance
Applies
Condition
25% on INSTANT Standard (none on INSTANT ELITE), 30% in the Flash Activation live phase, 60% on every $300,000 account, and optional at checkout on The Catalyst
Weekend holding
Stance
Permitted
Condition
—
Minimum trading days
Stance
Applies
Condition
3 profitable days per challenge phase (0.5% or 1% P&L each) and 3 trading days in the live phase; 5 on $300,000 accounts; none in the Flash Activation evaluation; 4 profitable days before an INSTANT payout; 5 per Catalyst stage
Time limit
Stance
None
Condition
No time limit; Flash Activation's activation fee must be paid within 29 days of passing
Maximum number of accounts
Stance
Applies
Condition
Up to 50 active challenges; combined live funded allocation capped at $400,000; challenge purchases capped at $100,000 for Vietnam and Pakistan
Account sharing
Stance
Not permitted
Condition
—
News trading is allowed, but not with high-frequency trading or hedging between accounts, and the terms bar opening trades when major macroeconomic events are scheduled.
EAs may be used only to support manual trading, such as risk management or position sizing; they must not open trades on their own, and undisclosed EAs can end the challenge.
Copy trading is allowed only from accounts the trader owns, with EAs enabled by the team; the terms prohibit copying between accounts unless expressly authorized.
Hedging within one account, across a trader's accounts, or against brokers and other prop firms is prohibited.
Martingale is allowed barring fraudulent use and grid trading is allowed unless used for manipulation, over-leveraging or risk-free profits, but EAs running either system are not permitted.
Positions must stay open at least 3 minutes, or 30 seconds with the scalping add-on; shorter trades count as high-frequency activity, and latency arbitrage is prohibited.
A consistency rule applies on some accounts: 25% on INSTANT Standard, 30% in the Flash Activation live phase, 60% on all $300,000 accounts, and optional on The Catalyst.
Positions may be held over the weekend, but opening or closing trades on Saturday or Sunday is not allowed unless the weekend trading add-on was bought.
Challenge phases need 3 profitable trading days, $300,000 accounts need 5, INSTANT accounts need 4 before a payout, and the Flash Activation evaluation has none.
There is no time limit to pass, though the Flash Activation fee must be paid within 29 days of passing.
Traders may hold up to 50 active challenges, with combined live funded allocation capped at $400,000 and purchases capped at $100,000 for traders in Vietnam and Pakistan.
Sharing trading credentials or using a passing service is prohibited; each account must be traded by one person.
Funded Elite payout rules
Payout
Detail
Profit split
Detail
Up to 95%
Payout frequency
Detail
Selectable at checkout (3, 7, 14 or 21 days); standard 14 days on the free-retry and LITE 2-step challenges, 21 days on LITE 1-step and INSTANT; first payout requestable after 21 days. Flash Activation every 14 days; The Catalyst 14 days at $25,000, then 7 days
Payout methods
Funded Elite account policies
Policy
Detail
Refund policy
Detail
Terms: a refund may be requested within 14 days of purchase if nothing has been traded, at the company's discretion. The refund article says all sales are final once login details are received, with possible exceptions if no trading has occurred. A separate article refunds the fee with the third payout for traders who pass first time, but not after a free retry
Resets
Detail
Funded accounts breached under the strategy risk limit rule can be reset from the dashboard up to 3 times; the first reset costs 40% of the original challenge cost (minimum $10 USD) and each later reset doubles the previous fee
Scaling plan
Detail
The Catalyst doubles the account after every approved payout, from a $25,000 or $50,000 start up to $1,000,000, with the profit split rising to 95%
Inactivity
Detail
Account terminated after 29 days without a trade (help centre); the terms give 30 or more consecutive days
KYC
Detail
ID card (front and back) or passport and a selfie holding it; required on reaching the simulated funded stage
Funded Elite fees
Fee
Amount
Applies to
Flash Activation entry fee
Amount
$5 (depends on account size and add-ons)
Applies to
Flash Activation challenge
Flash Activation activation fee
Amount
$159 ($25,000), $329 ($50,000), $499 ($100,000), $989 ($200,000); standard prices, may vary with add-ons; due within 29 days of passing
Applies to
Flash Activation live account
Funded account reset fee
Amount
40% of the original challenge cost (minimum $10 USD), doubling on the second and third reset
Applies to
Funded accounts breached under the strategy risk limit rule
Inactivity account recovery fee
Amount
40% of the original account price without coupons
Applies to
Accounts terminated for inactivity
Firm details
Detail
As published
Legal name
As published
Quantum SRL
Headquarters
As published
Latina, Italy
Funded Elite restricted countries
Funded Elite web traffic, month by month
Prop Firm Pal has tracked Funded Elite's website traffic every month since November 2025. In August 2026 the site received an estimated 169.71K visits, down 44% on the month before and down 59% over three months.
Its busiest month on record was February 2026 at roughly 649.88K visits. Traffic now is 74% below that peak.
A fall of this size over a quarter is the pattern that most often precedes a firm winding down, though it is not proof of it on its own — marketing spend, seasonality and a single lost traffic source all produce the same shape. It is worth weighing before paying for an evaluation.
These are third-party estimates of website visits, collected once a month and stored against the month they describe. They are not trader counts, funded-account numbers or revenue.
Month
Estimated visits
Change
November 2025
Estimated visits
398.90K
Change
—
December 2025
Estimated visits
602.20K
Change
+51%
January 2026
Estimated visits
523.90K
Change
-13%
February 2026
Estimated visits
649.88K
Change
+24%
March 2026
Estimated visits
551.55K
Change
-15%
April 2026
Estimated visits
524.31K
Change
-5%
May 2026
Estimated visits
409.97K
Change
-22%
June 2026
Estimated visits
430.28K
Change
+5%
July 2026
Estimated visits
302.88K
Change
-30%
August 2026
Estimated visits
169.71K
Change
-44%
How Funded Elite compares in size
Measured on estimated monthly website visits for August 2026, Funded Elite ranks 77 of the 477 prop firms Prop Firm Pal tracks — larger than 84% of them, at roughly 169.71K visits a month.
The ranking covers every firm measured between June 2026 and August 2026, each on its own latest reading in that window. Firms last measured before June 2026 are left out rather than shown with a stale figure, so the total moves month to month.
Size is not quality. A large firm is one that markets successfully, and several of the most visited firms in this ranking have the strictest rules; some of the smallest pay out reliably to everyone who asks. What the ranking is useful for is scale — whether you are looking at an established operation or something very new.
Similar-sized firm
Monthly visits
Monthly visits
179.02K
Monthly visits
173.40K
Monthly visits
159.97K
Monthly visits
156.84K
FAQs
Is Funded Elite legit?
Funded Elite is a trading name of Quantum SRL, a company incorporated in Italy with its registered office in Latina. Its terms say it is not a broker and holds no financial services licence, and all trading takes place on simulated accounts. The terms also state that passing the evaluation and verification does not guarantee an Elite (funded) account, and that there is no acceptance guarantee for verification.
What is Funded Elite's profit split?
On the free-retry and LITE challenges traders choose a split of 60%, 70%, 80% or 95% at checkout. INSTANT accounts pay 70% on the first payout and the chosen split afterwards, Flash Activation and the first Catalyst stage pay 80%, and accounts that used a free retry are capped at 50%. A soft breach on a funded account cuts that payout to a 30% split.
What are the Funded Elite drawdown rules?
Daily loss is fixed per challenge: 5% on the 2-Step free retry, 4% on LITE 2-step, and 3% on the 1-step, INSTANT, Flash Activation and Catalyst accounts. The max loss limit is chosen at checkout on the free-retry and LITE challenges and is static, while INSTANT accounts use a 6% trailing limit and The Catalyst a trailing 6% at $25,000 and 5% from $50,000.
How does the Funded Elite free retry work?
If a phase of a 2-Step or 1-Step Challenge + FREE RETRY is breached, a second-chance account is issued automatically unless the breach ends the contract, such as KYC fraud. The retry restarts from phase 1 with tighter limits (3% daily on the 2-step, 6% max loss on the 1-step) and the profit split falls to 50% for all future payouts. The live phase has no second chance.
Does Funded Elite offer instant funding?
Yes. INSTANT accounts from $7,000 to $100,000 start in the funded stage, with a 3% daily and 6% trailing drawdown and 4 profitable days needed before a payout; the Standard version has a 25% consistency rule and ELITE has none. The Catalyst is also instant, starting at $25,000 or $50,000 and doubling after each approved payout.
Browse Prop Firm Lists
Rankings by country, platform, assets, challenge type and more—built from live firm data.
Countries
Prop firms that accept traders from your country or region.
Platforms
MT5, cTrader, TradeLocker and other supported trading platforms.
Assets
Forex, crypto, futures, stocks and other tradable asset classes.
Features
Instant funding, scalping rules, profit splits and program benefits.
Challenges
One-step, two-step, instant funding and evaluation program types.
Trader types
Beginners, scalpers, swing traders and other trading styles.
Payment methods
Card, crypto, bank transfer and other ways to pay for challenges.
Payout methods
How firms pay traders—Wise, crypto, bank wire and more.
Stay Ahead in Prop Trading
Compare verified firms, grab exclusive deals, and enter free challenge giveaways up to $200K.
Resources
Statistics
Tools
All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis, or similar general recommendation regarding the trading of investment instruments.
Prop Firm Pal provides comparison, review, and educational resources only. We do not operate as a proprietary trading firm, broker, or custodian, do not offer simulated trading accounts or evaluations, and do not provide execution or custody of funds.
The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations.
Prop Firm Pal does not act as a broker and does not accept any deposits.
Data, tools, and third-party references on this site are provided for informational purposes; availability and accuracy may depend on third-party sources outside our control.
© 2026 Prop Firm Pal. All rights reserved.