Prop Firm Review

Dive deep into unbiased reviews of top forex prop firms — including funding rules, payout speed, trader support, and real performance.

Home > Elites Funding

Elites Funding

4.4

Elites Funding: Low-Cost Entry, High Profit Splits & Flexible Trading Rules – A New Prop Firm With Growing Popularity

Elites Funding is an emerging proprietary trading firm that offers traders access to funded accounts through simple evaluations, affordable entry fees, and high profit splits. The firm presents itself as a transparent, trader-friendly option, with up to 90% profit splits, unlimited time for challenges, and a range of account sizes suitable for traders at different levels.

While the firm offers attractive terms, it is still new in the prop trading space, meaning traders should approach with caution. Elites Funding has limited long-term track record and lacks full corporate transparency, which is important for assessing the firm’s long-term viability.


Who Are Elites Funding?

Elites Funding is an online proprietary trading firm that aims to provide retail traders with access to substantial capital through simple, affordable challenge programs. The firm prides itself on:

  • Simple evaluation models

  • High profit splits (up to 90%)

  • Flexible trading rules

  • Competitive pricing for account entry

  • No time limits on many challenges

Key Highlights:

  • Founded: 2024

  • Programs: 1-Step & 2-Step Challenges

  • Profit Split: Up to 90%

  • Scaling: Up to $500,000+

  • Platforms: MT4, MT5

  • Markets: Forex, Commodities, Indices, Crypto

However, like many newer firms, Elites Funding does not fully disclose:

  • Corporate registration details

  • Regulatory information

  • Broker partnerships

  • Leadership or team members

This lack of transparency is common for new firms but should be considered when deciding whether to scale up your capital with them.


Funding Programs Offered by Elites Funding

Elites Funding offers two main funding models for traders: 1-Step and 2-Step evaluations. Both models are designed to allow traders to prove their skills and earn access to a funded account.


1. One-Step Challenge

This fast-track program is designed for traders who want to bypass a multi-phase evaluation and get funded quickly.

Key Features:

  • Profit Target: ~10%

  • Max Daily Loss: ~4–5%

  • Max Overall Loss: ~8–10%

  • Minimum Trading Days: None

  • Time Limit: Unlimited

  • Profit Split (Funded Account): Up to 90%

  • First Payout: After 14–30 days

This model is ideal for experienced traders who prefer a straightforward and quick evaluation process.


2. Two-Step Challenge

A traditional model that gives traders more time and structure to achieve the profit target.

Phase 1:

  • Profit Target: ~8%

  • Max Daily Loss: ~4%

  • Max Overall Loss: ~8–10%

Phase 2:

  • Profit Target: ~5%

  • Same risk rules

  • Unlimited time

Funded Account:

  • Profit Split: Up to 90%

  • Payouts every 14–30 days

This model suits less aggressive traders who want a more controlled and relaxed evaluation process.


Account Sizes & Pricing

Elites Funding offers a range of account sizes to accommodate different types of traders, from beginners to more experienced professionals:

  • $10,000

  • $25,000

  • $50,000

  • $100,000

  • $200,000

Pricing is affordable and competitive compared to most firms, making it accessible for a wide range of traders. The firm also offers scaling opportunities for consistent traders, allowing them to increase their account size over time.


Trading Conditions

Platforms Supported:

  • MT4

  • MT5

Markets Available:

  • Forex (major pairs, minor pairs, and exotics)

  • Gold and Silver

  • Indices (US30, NAS100, etc.)

  • Cryptocurrencies (BTC, ETH, etc.)

  • Commodities (Oil, Gas, etc.)

Allowed Strategies:

✔ Scalping
✔ Swing trading
✔ EAs/Algorithmic trading (with approval)
✔ News trading
✔ Overnight holding (depending on account type)

Possible Restrictions:

✖ Copy trading may be restricted
✖ Some EA strategies may be disallowed (e.g., martingale, grid)
✖ Lot size restrictions may apply for larger accounts

Overall, Elites Funding offers a flexible trading environment for most types of traders.


Payouts & Withdrawals

Elites Funding offers fast payouts and promises a simple withdrawal process, which is key for traders who need easy access to their profits.

Payout Terms:

  • Profit Split: Up to 90%

  • First Payout: Typically after 14–30 days

  • Recurring Payouts: Every 14–30 days

  • Minimum Withdrawal: Low threshold

  • Payment Methods: Crypto (BTC, ETH), bank transfers, fintech processors

Trader Feedback:

Positive:

  • Smooth first payouts

  • Simple and intuitive dashboard

  • Responsive customer support

Concerns:

  • Limited payout history for larger amounts (due to the firm’s newness)

  • No public evidence of long-term payout reliability

  • Some reports of slow support during busy periods

Overall, payout reliability seems positive for small withdrawals but needs more testing for large sums.


Trader Reviews & Reputation

What Traders Like:

✔ Affordable entry fees for various account sizes
✔ High profit splits (up to 90%)
✔ Simple, straightforward rules
✔ Unlimited time for many challenges
✔ Fast support responses and onboarding

What Traders Dislike:

✖ Lack of transparency regarding corporate and regulatory information
✖ New firm with limited track record
✖ No verified long-term payout data
✖ Some restrictions on advanced strategies like copy trading or certain EAs

Sentiment is generally positive, but there is a level of caution due to the firm’s newness.


Pros & Cons

Pros

  • High profit split (up to 90%)

  • Low-cost entry fees for various account sizes

  • No time limits on many challenges

  • Multiple platform options (MT4, MT5)

  • Flexible trading strategies allowed

  • Fast and responsive support

Cons

  • New firm with limited track record

  • No corporate transparency or regulatory information provided

  • Long-term payout history still unproven

  • Some restrictions on advanced strategies and EAs

 


Conclusion: Is Elites Funding a Good Prop Firm?

Elites Funding offers a strong mix of affordability, high profit splits, and flexibility for traders who want access to funded capital without paying steep evaluation fees. Its no time limits and competitive profit splits make it appealing, especially for beginners and intermediate traders.

However, due to the firm’s newness, lack of transparency, and limited payout history, it’s recommended to start with smaller accounts, test payouts, and gradually scale up only after confirming the firm’s reliability over time.

Final Verdict:

Recommended for beginners and traders looking for affordable entry into the prop trading space.
⚠️ Use caution until more payout history and corporate transparency are established.

Be the first to write a review

Leave a Reply

Your email address will not be published. Required fields are marked *