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Elites Funding Review

Prop Trading FirmInternational
3.5Very Good
How we rate

Elites Funding is a Gibraltar linked funded trader challenge firm, not a regulated broker. It offers forex, crypto, and index challenges in one account.

Account Sizes

$10,000, $25,000

Profit Split

Up to 90%

Max Drawdown

10% (Standard) / 6% (Express)

Payout

Bi-weekly

Overall Rating

3.5

Very Good

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Pros & Cons

Pros

  • Free retake on a failed evaluation, so one attempt does not end your shot
  • One account covers forex, crypto futures, indices, and commodities together
  • Profit splits scale from 80 percent up to 95 percent as you grow
  • 24 hour payout guarantee backed by a 1,000 dollar promise if missed

Cons

  • Not a licensed broker, so no financial regulator oversees its challenges
  • Its media mentions are wire distributed press releases, not independent news
  • Some review sites list it as closed, so confirm its current status before paying
  • Only TradeLocker is offered, with no MetaTrader 4 or 5 option
About Elites Funding

Elites Funding is owned by Masterlabs Limited, registered in Gibraltar. It launched in 2023 through a wire distributed press release campaign, not independent news coverage. It sells funded trader challenges, not licensed brokerage accounts, and its own site states plainly that it does not carry out regulated activity.

Traders choose a Standard 2 step, an Express 1 step, or an instant funded account with no evaluation. Profit splits start at 80 percent and scale up to 95 percent, covering forex, crypto futures, indices, and commodities in one account. It advertises a free retake and a 24 hour payout guarantee backed by a 1,000 dollar promise if missed.

The firm says it has paid out more than 12 million dollars to over 20,000 traders in 140 plus countries since 2023. Some third party prop firm directories list Elites Funding as closed, though its own site was still actively selling challenges as of mid 2026.

Key Facts

Min. Deposit

USD 74

Max Leverage

1:100 on funded accounts, per the firm's own published comparison table

Spreads From

Not a spread based broker account, cost is a one time challenge or instant funding fee

Platforms

TradeLocker
Frequently Asked Questions

Challenge & Funding Details

Challenge Types

Standard Evaluation (2-Step)Express Challenge (1-Step)Instant Funding

Account Sizes

$10,000$25,000$50,000$100,000$200,000

Evaluation Fee

From $95

Profit Split

Up to 90%

Daily Drawdown

5% (Standard) / 3% (Express)

Max Drawdown

10% (Standard) / 6% (Express)

Payout Frequency

Bi-weekly

Trading Rules

  • No time limit
  • Min 4-5 trading days
  • Free retake included
ForexIndicesCommoditiesCrypto
Quick Facts

Platforms

MetaTrader 4MetaTrader 5
Trading Platforms
MetaTrader 4MetaTrader 5
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