CEO
Trustpilot
n/a
Date Created
Years in Operation
4.4
201
total reviews
5
113
4
63
3
15
2
5
1
5
4.4
201
4.4
201
50% off all accounts except Atom - first order only
4.4
201
50% off all accounts except Atom - first order only
Traders consistently praise FundedElite's dashboard as sophisticated and user-friendly, with detailed performance tracking that makes monitoring drawdowns and targets straightforward. The customizable account options stand out—allowing traders to adjust profit targets, drawdowns, and leverage before purchase—and pricing is frequently noted as competitive, especially for smaller accounts starting at $5. Trading conditions receive positive mentions for spreads and execution quality, though some...
Reviews4
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4.4
IndiaReviews
1.0
Trader’s Satisfaction
$25K
1 Step
1 month +
0
0
4.0
User Friendliness
1.0
Payout Process
1.0
Customer Care
4.0
Trading Conditions
Denied Amount
Reason
Denied Reason
they add Swap charges in my Risk exposure which was not mentioned in there rules
Summary
Hello Trading Community, I am writing this to expose the highly unfair practices of FundedElite after being a loyal client for over 8 months and spending more than $800 out of my own pocket on account purchases and resets FundedElite denied my payout by claiming that I breached their "Per Strategy Risk Limit" on a BTCUSD trade. Let the facts and data speak for themselves: 🚨 The Allowed Risk Limit: My account allows a maximum risk of $375 per strategy. 🚨 My Actual Stop Loss (SL): I mathematically set my technical Stop Loss to risk exactly $367.50—which is completely WITHIN THE LIMIT. 🚨 FundedElite arbitrarily added the overnight Swap Charges ($15.39) into my pre-set Stop Loss risk, claiming a total risk of $382.89
Documents From Reporter
4.4
IndiaReviews
1.0
Trader’s Satisfaction
$200K
2 Steps
N/A
0
Funded Elite has the potential to be one of the best prop firms if they improve the consistency and transparency of their payout process. The platform, trading conditions, and overall experience were good while I was trading. Unfortunately, my experience with payouts has been the opposite. My first payout was denied due to an alleged IP violation. I accepted that decision and continued trading. After continuing with the program and reaching my second payout, I expected the process to go smoothly. Instead, I was required to attend a risk interview, and my second payout was also denied. My $200,000 live account was terminated based on allegations of third-party management and rule-optimization behavior. I requested specific evidence supporting these conclusions and asked for clarification regarding the interview requirement, but I have not received a response to my emails. If the company provided clear evidence, transparent communication, and processed legitimate payouts consistently, I believe Funded Elite could be among the best prop firms. However, based on my personal experience of having two consecutive payout denials, I cannot recommend it at this time. I hope the company improves its transparency and communication with traders in the future.
I have been following discussions within Discord community of funded elite and on Trustpilot for some time. I have seen numerous complaints from traders whose payouts were denied for various reasons, with no proper evidence and many people warned me that the same thing would happen to me.
1.0
User Friendliness
1.0
Payout Process
1.0
Customer Care
1.0
Trading Conditions
Denied Amount
Reason
Denied Reason
gamification or rule-optimization behavior
Summary
trading patterns consistent with gamification or rule-optimization behavior, rather than genuine discretionary and speculative trading
Documents From Reporter
4.4
ItalyReviews
1.0
Trader’s Satisfaction
$200K
1 Step
3 months +
1
3
None
1.0
User Friendliness
1.0
Payout Process
1.0
Customer Care
1.0
Trading Conditions
Denied Amount
Reason
Denied Reason
Unfounded accusations of third-party management (shared MQID) and arbitrary "gamification" clauses.
Summary
I passed all objectives on my account (#148538) and completed the mandatory live risk interview on May 26. Following the interview, the Risk Team wrongfully terminated my account and denied my $6,449 payout. They claimed a shared MQID footprint, which is false; I personally own and manage two separate accounts on the same personal $800 enterprise VPS infrastructure a setup explicitly confirmed as permissible by their own Support Manager. They also used highly subjective, non-empirical terms like 'gamification' to avoid paying out, while simultaneously offering a full registration fee refund to force me into a liability waiver agreement. I have formally rejected the waiver and demand my full payout.
Documents From Reporter
4.4
SwedenReviews
2.0
Trader’s Satisfaction
$200K
1 Step
N/A
0
Dashboard, Pay after challenge and its customisation
After i proved that i never used EAs while trading with them, they still didn't pay me the $2500 plus they closed all my accounts and if i want to trade with them again, they want me to open max 10-15 positions per day, i said i would it if it applies equally to all traders, but they said, it will apply only on me.. and btw, after that incident they added extra rules so that means i was denied payout on unannounced rules.
5.0
User Friendliness
3.0
Payout Process
3.0
Customer Care
5.0
Trading Conditions
Denied Amount
Reason
Denied Reason
Accusation of using EAs
Summary
The payout was reduced due to accusations of EA usage, even though automation was disabled on Funded Elite’s own server side. I spent nearly two weeks explaining that it is technically impossible to use an EA under these conditions.
Documents From Reporter
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