# Funded Elite — rules, pricing and payouts

> Funded Elite — 2-step/1-step/instant evaluations from USD 29, USD 463 to a $100,000 funded account, up to 80% profit split.

**Source:** https://propfirmpal.com/firms/unverified/funded-elite  
**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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Funded Elite is an Italian proprietary trading firm established in 2023. They focus on providing affordable, low-cost entry points into the prop trading space with highly customizable challenge options. They are well-regarded for their 'Flash Activation' feature and responsive support via Discord. While relatively new, they have built a reputation for flexible risk rules and community-driven problem resolution, though they maintain strict policies regarding IP consistency and VPN usage.

## Key terms
| Field | Value |
| --- | --- |
| Verification | Listed, not verified |
| Company location | Italy |
| Founded | 2023 |
| Community rating | no reviews yet |
| Evaluation types | 2-step, 1-step, instant |
| Cost to a $100,000 funded account | USD 463 |
| Cheapest entry price | USD 29 |
| Instant funding to $100,000 | USD 3,871 |
| Account sizes | $5,000, $7,000, $10,000, $15,000, $25,000, $50,000, $100,000, $200,000, $300,000 |
| Maximum profit split | 80% |
| Phase 1 profit target | 5% |
| Daily drawdown | 3% |
| Maximum drawdown | 5% |
| Drawdown style | trailing |
| Drawdown measured on | equity |
| Platforms | MT5, MatchTrader, Trade Locker |
| Instruments | Forex, Indices, Commodities, Crypto |
| Payment methods | Credit Card, Cryptocurrency, Stripe |
| Payout methods | not published |
## 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 | Quantum SRL |
| Founded | 2023 |
| Headquarters | Latina, Italy |
| In our traffic record | Since November 2025 (10 months) |
| Traffic, last three months | Falling sharply (-59% to August 2026) |

- 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”" — https://fundedelite.com/terms-and-conditions
- Headquarters: "Address: Via Maira 13, Latina 04100, Italy" — https://fundedelite.com/terms-and-conditions

## What this firm publishes

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.

_Compiled from Funded Elite's own published pages, retrieved 2026-09-14. Not independently verified by Prop Firm Pal._

| Field | Value | Source |
| --- | --- | --- |
| legalName | Quantum SRL | [published page](https://fundedelite.com/terms-and-conditions) |
| headquarters | Latina, Italy | [published page](https://fundedelite.com/terms-and-conditions) |
| founders | Christian Habibi, Artur Seriihovych Deshko | [published page](https://fundedelite.com/about) |
| platforms | MetaTrader 5, TradeLocker | [published page](https://faq.fundedelite.com/en/articles/12683226-2-step-challenge-free-retry) |
| availableAssets | Forex, Indices, Commodities, Precious metals, Equities, Cryptocurrencies, Futures and derivatives | [published page](https://faq.fundedelite.com/en/articles/12675454-tradable-instruments-and-commissions) |
| paymentMethods | Credit cards, Debit cards, Wire transfer, Crypto (via Confirmo) | [published page](https://faq.fundedelite.com/en/articles/12675091-how-can-i-pay-for-the-challenge) |
| payoutMethods | Rise, Crypto (up to 500 USD gross per payout cycle) | [published page](https://faq.fundedelite.com/en/articles/12675058-payouts-process-and-profit-split) |
| payoutFrequency | 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 re | [published page](https://faq.fundedelite.com/en/articles/12683226-2-step-challenge-free-retry) |
| restrictedCountries | USA (MT5 accounts only), Iraq, Cuba, Iran, North Korea, Lebanon, Libya, Crimea, Russian Federation, Donetsk and Luhansk regions of Ukraine, Algeria, Syria, Turk | [published page](https://faq.fundedelite.com/en/articles/12674977-restricted-countries) |
| maxProfitSplitPercent | 95 | [published page](https://faq.fundedelite.com/en/articles/12683226-2-step-challenge-free-retry) |
| positioning | A prop firm built around its 'Second Chance' free-retry idea | [published page](https://fundedelite.com/about) |
| targetTrader | Traders with prior trading experience | [published page](https://fundedelite.com/terms-and-conditions) |
| maxAllocation | 400000 | [published page](https://faq.fundedelite.com/en/articles/12659756-how-many-accounts-can-i-have-with-fundedelite) |
| scalingPlan | 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% | [published page](https://faq.fundedelite.com/en/articles/15178274-what-is-the-catalyst) |
| resetPolicy | 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 c | [published page](https://faq.fundedelite.com/en/articles/12682106-strategy-risk-limits) |
| refundPolicy | 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 | [published page](https://fundedelite.com/terms-and-conditions) |
| inactivityPolicy | Account terminated after 29 days without a trade (help centre); the terms give 30 or more consecutive days | [published page](https://faq.fundedelite.com/en/articles/12675024-do-you-have-any-inactivity-rule) |
| kycRequirements | ID card (front and back) or passport and a selfie holding it; required on reaching the simulated funded stage | [published page](https://faq.fundedelite.com/en/articles/12658867-what-documentation-is-required-for-live-simulated-accounts-verification) |
| fees | [object Object], [object Object], [object Object], [object Object] | [published page](https://faq.fundedelite.com/en/articles/12683940-flash-activation-challenge) |
| rules | [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object | — |
| plans | 39 plans | [published page](https://faq.fundedelite.com/en/articles/12683226-2-step-challenge-free-retry) |

## Frequently asked questions

### 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.

### How much does a Funded Elite challenge cost?

Prices for most accounts were not found on the pages read. Flash Activation costs $5 to enter, then an activation fee of $159 for $25,000, $329 for $50,000, $499 for $100,000 or $989 for $200,000, due within 29 days of passing.

### How do Funded Elite payouts work?

Payouts are paid through Rise, or in crypto up to 500 USD gross per cycle, and both carry fees deducted from the amount. The payout interval can be set to 3, 7, 14 or 21 days on most challenges, but the first payout is only requestable after 21 days; Flash Activation pays every 14 days and The Catalyst after 14 days at $25,000 and every 7 days from $50,000.

### Does Funded Elite refund the challenge fee?

It depends on the page. The refund article says all sales are final once login details are sent, with possible exceptions if nothing has been traded, while the terms allow a refund request within 14 days of purchase when no trading has occurred. A separate article returns the fee with the third payout to traders who pass first time, but not after a free retry or a reset.

### Does Funded Elite allow news trading and EAs?

News trading is allowed, though not alongside high-frequency trading or hedging between accounts. EAs are allowed only as tools for risk management, trade confirmation, position sizing or analysis, and may not place trades on their own.

### Does Funded Elite have a consistency rule?

Only on some accounts. INSTANT Standard limits a single day to 25% of total profit, the Flash Activation live phase to 30%, and every $300,000 account to 60%; on The Catalyst it applies only if chosen at checkout.

### Which countries are restricted at Funded Elite?

Restrictions vary by platform. Residents of Iraq, Cuba, Iran, North Korea, Lebanon, Libya, Crimea, Russia, the Donetsk and Luhansk regions, Algeria, Syria, Turkey, Kenya and Somalia cannot use MT5, TradeLocker or Match-Trader accounts; the USA is restricted on MT5 accounts only, and Myanmar on Match-Trader. Traders in Vietnam and Pakistan can only buy challenges up to $100,000.

### How many accounts can you have at Funded Elite?

Funded Elite allows unlimited challenge purchases with up to 50 active challenges at once. The combined allocation of live funded accounts is capped at $400,000.

## Related pages
- [Funded Elite rules](https://propfirmpal.com/firms/unverified/funded-elite/rules) — markdown: https://propfirmpal.com/firms/unverified/funded-elite/rules.md
- [Funded Elite payouts](https://propfirmpal.com/firms/unverified/funded-elite/payouts) — markdown: https://propfirmpal.com/firms/unverified/funded-elite/payouts.md
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- [Funded Elite web traffic history](https://propfirmpal.com/firms/unverified/funded-elite/traffic)