OpinionnewsSeptember 6, 20262 min read

Elites Funding Marked Closed After Nine Months of Unpaid Payout Complaints

Elites Funding is listed as closed after traders repeatedly reported passing evaluations, requesting payouts and receiving no response.

ByClarissa PenhallowInvestigative Markets WriterSource: Trustpilot
Elites Funding goes dark on payout requests — BestForex.io Broker Watch
Elites Funding goes dark on payout requests — BestForex.io Broker Watch

Elites Funding, a proprietary trading firm that sold paid evaluations and funded-account access, is now listed as closed by an independent industry tracker. Visitors are warned not to send the business funds.

Payout Complaints Spanned Nine Months

The complaint trail is dated and repeated. One trader said a payout requested on 20 December 2025 remained unanswered in February. Other reviews describe requests from February, April, June and August 2026 followed by weeks or months of silence after traders said they had passed the firm's rules and profit targets.

Trustpilot shows a 3.1 out of 5 score across 151 reviews. That aggregate does not resolve the underlying allegations: traders repeatedly describe reaching the funded stage, requesting a first payout and then losing contact with support. Elites Funding had not claimed or verified its profile on the independent tracker cited in the review material. These accounts are user allegations, not regulatory findings.

No Financial Regulator or Deposit Protection

Prop-firm evaluation businesses generally do not offer the protections attached to a regulated brokerage account. No financial regulator or deposit-protection scheme stood behind Elites Funding's payout obligations, leaving customers dependent on contracts, payment providers and civil remedies.

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A closed listing should end new deposits

A months-long run of unanswered payout reports is more informative than a headline star score. Traders should not buy another evaluation from a firm now marked closed.

About Elites Funding

Elites Funding was a proprietary trading firm offering paid challenges and funded trading accounts. It is now listed as closed by an independent industry tracker.

Frequently Asked Questions

Is Elites Funding still operating?

No. Independent industry monitoring lists Elites Funding as closed and warns users not to send funds.

Why did traders complain about Elites Funding?

Reviews describe traders passing evaluations and then waiting weeks or months without answers to payout requests.

Was Elites Funding regulated?

No financial regulator oversaw its evaluation fees or payout obligations.

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