Funded Elite
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📝 Payout & Rules Notes
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Funded Elite: Forex / CFD Prop Firm Guide
Funded Elite offers Forex and CFD-style funded trader programs with Lite Challenges, Free Retry Challenges, and Flash Activation accounts. Traders can choose different drawdown, payout-cycle, leverage, and profit split options depending on the program selected.
Supported Platforms
MT5 is listed as one of Funded Elite’s official platform options for Lite and Free Retry challenge accounts.
TradeLocker is also available as a platform choice on the listed Funded Elite challenge programs.
Program Overview
Lite 1-Step Challenge
One challenge phase followed by live phase. The account has a fixed 3% daily loss limit and customizable max loss/profit target options.
$5K – $300K
8% / 10% / 12%
3%
60% / 70% / 80% / 95%
Lite 2-Step Challenge
Two challenge phases, then live phase. Phase 2 target reduces to 5%, with minimum profitable trading days required in both phases.
6% / 7% / 8% / 10% / 12%
5%
4%
60% / 70% / 80% / 95%
2-Step + Free Retry
Two-step model with second chance positioning. It has a 5% fixed daily loss limit and static drawdown rules.
$7K – $300K
5%
Customizable / listed 8% static rule
60% / 70% / 80% / 95%
Flash Activation
Low upfront entry, then activation fee after passing. Evaluation has no minimum trading days, while live phase has trailing drawdown and consistency rules.
6%
3%
6% trailing
80%
Payout Notes
For Lite and Free Retry challenges, the first payout is requestable after 21 days, even if a faster payout cycle is selected.
Payout frequency can be selected on several challenge types, but the first payout timing remains subject to the 21-day rule.
Most challenge types allow traders to choose 60%, 70%, 80%, or 95% split. Flash Activation live phase is listed separately at 80%.
Flash Activation live accounts list payout requests every 14 days, with no minimum payout requirement.
Rules Notes
Daily loss depends on account type. Lite 1-Step uses 3%, Lite 2-Step uses 4%, and Free Retry 2-Step uses 5%.
Several phases require 3 profitable trading days with positive P&L requirements, so passing the target alone may not be enough.
Funded Elite lists a scalping add-on that reduces minimum holding time to 30 seconds from the standard 3 minutes.
Risking more than 50% of the daily loss limit on one instrument in the same day is prohibited.
Flash Activation live accounts limit the best trading day to 30% of total profit since account creation or last payout.
Flash Activation requires KYC, trader agreement, and activation fee after passing. The activation fee must be paid within the stated deadline.