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Funded Elite Review
FundedElite is an Italian prop trading firm that sells evaluation challenges for simulated funded accounts, not a real brokerage account.
Min Deposit
N/A
Spreads From
Not published as a fixed rate, pricing runs on the chosen platform's own feed
Max Leverage
1:100
Platforms
MetaTrader 5, TradeLocker
Pros
- Profit split is advertised up to 95 percent of simulated trading gains
- Still accepts traders from the United States, unlike many rival firms
- Entry prices start near 5 dollars for the smallest challenge size
- Choice of MetaTrader 5, TradeLocker, or Edge by Axe platforms
- Trustpilot rating leans positive with mostly five star reviews
Cons
- Only about two years of trading history stand behind the brand
- Some reviewers say FundedElite denies they were ever a real client
- A trader reported an IP detection flag that other firms did not raise
- All accounts are simulated, so no real market position is ever placed
- Blocks applicants from around 11 countries under its own terms
FundedElite is a prop trading firm run by Quantum SRL, registered in Latina, Italy. It started in November 2023, led by CEO Christian Habibi. Traders pay a one time fee for an evaluation, and a pass unlocks a simulated funded account worth up to 400,000 dollars, with a profit split advertised up to 95 percent.
FundedElite offers one step, two step, lite, and instant challenge types, with entry prices starting near 5 dollars for the smallest size. Trading runs on MetaTrader 5, TradeLocker, or Edge by Axe, with leverage up to 1:100. It blocks applicants from around 11 countries, but unlike many rivals, still accepts traders from the United States.
Trustpilot reviews lean positive, close to 80 percent five star, yet 7 percent are just one star. Happy traders mention fast payouts and clear rules. A repeated complaint says FundedElite tells some negative reviewers it has no record of them as a client, and one trader reported an IP flag other firms did not raise.
Max Leverage
1:100
Spreads From
Not published as a fixed rate, pricing runs on the chosen platform's own feed
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
