FundedTrading
Prop Firm Review — Forex/CFD
Elites Funding

Elites Funding

Get Funded. Keep 95%.

8.2
Overall Score
Pricing8.1
Rules8.2
Platform8.5
Payouts8
Features8
Founded
Mar 2023
HQ
Gibraltar
CEO
Daniel Basica
Asset Types
Forex/CFD
Trustpilot
3.7 / 5
Coupon (FT15)
15% Off
Up to 95%
Max Profit Split
3.7/5
Trustpilot Score

Account Plans

Click any price to go to the purchase page.Use code FT15 for a discount
PlanSteps$10K$25K$50K$100K$200KSplit
Standard
2-step; leverage 1:100; no time limit; free retake; refundable; no consistency rule during eval. From $95. $100K=$499, $200K=$949.
2
$
$
$
$
$
$
$
$499
$
$949
Up to 95%
Express
1-step evaluation; objectives/prices per size not captured.
1
Up to 95%
Instant
Skip evaluation, trade from day one; objectives/prices not captured.
0
Up to 95%

Challenge Rules

Phase 1
Profit Target9%
Daily Loss Limit5%
Max Drawdown10%
Min Trading Days5
Time LimitNo Limit
Consistency RuleNone (during eval)
Phase 2
Profit Target5%
Daily Loss Limit5%
Max Drawdown10%
Min Trading Days5
Time LimitNo Limit
Consistency RuleNone (during eval)
Funded Account
Reward ShareUp to 95%
Fee RefundRefunded with first payout
First Payout24h

Payouts

Max Profit Split
Up to 95%
Reward Share
Up to 95%.
Payout Cycle
24h; crypto payouts available.
Payment Methods
Credit/Debit CardCredit/Debit CardCryptoCrypto
Withdrawal Methods
CryptoCrypto

Trading Conditions

Leverage (Forex)
1:100
Instruments
Forex, Crypto Futures, Indices, Commodities, Metals (one account)
Platforms
MT5MT5TradeLockerTradeLockerMT4MT4
Leverage

1:100.

Instruments

Forex, Crypto Futures, Indices, Commodities, Metals — all in one account, no extra charge.

News Trading

Allowed.

Weekend Holding

Allowed.

Consistency Rule

None during evaluation phase.

Free Retake

Free retake on every evaluation (within the rules).

Payouts

Up to 95% split; 24h payout guarantee (or $1,000 extra); crypto available; fee refunded with first payout.

Platform

TradeLocker.

Our Take

Our editorial verdict on this firm is being written.

Full Editorial Review

By Alex Firdaus · Updated May 15, 2026 · Data checked May 15, 2026

Disclosure: Some links on this page are affiliate links. If you buy through them, FundedTrading may earn a commission at no extra cost to you. That does not change our review process or conclusions.

Elites Funding Review 2026: Rules, Payouts, Pricing, and Elites Funding Coupon Code

Quick verdict: Elites Funding is interesting because it gives traders three paths in one brand: a two-step Standard model, a one-step Express model, and an Instant option. The strongest points are the free retake, flexible holding rules, and a cleaner one-step offer than many budget firms. The weak point is clarity. Elites Funding's own public pages do not fully match on pricing, payout timing, leverage, or the top-end profit split, so traders should treat it as a decent option for flexible rules, but not as a firm with the cleanest public documentation.

FundedTrading code: FT15 for 15% off. Elites Funding also rotates direct-site promos, so always check the final checkout total before paying.

Table of Contents
Since 2023Public launch timeline shown on site
3 modelsStandard, Express, and Instant
TradeLockerCurrent platform named in FAQ
24h payoutsHomepage headline claim
Up to 95%Homepage headline split, though FAQ pages are lower

What Is Elites Funding?

Elites Funding is a Gibraltar-based prop firm brand run by Masterlabs Limited. It is a simulated-funding firm, not a broker, and its public pages make that clear. The appeal is simple: traders can choose a slower two-step evaluation, a faster one-step path, or an instant funded account without leaving the same ecosystem.

That makes Elites Funding easier to shortlist than many smaller firms. You do not have to pick between one brand for evaluations and another for instant capital. At the same time, this is not a "buy first, figure it out later" firm. The public marketing is aggressive, and some details change from page to page, so careful traders should read the live rules before checkout.

Best for:
Traders who want flexible holding rules, a one-step challenge option, and an instant plan without switching firms.
Less ideal for:
Traders who want MetaTrader, EA support, or ultra-clean public rule documentation.

Challenge Types

Elites Funding currently promotes three routes: Standard, Express, and Instant. The real choice here is not only speed. It is also how much rule complexity you can tolerate.

Model What it is Publicly visible limits Who it suits
Standard Classic two-step evaluation 5% daily loss, 10% max loss, no time limit Traders who want the more traditional prop-firm path
Express One-step evaluation 3% daily loss, 6% max loss, 10% target, no time limit, minimum 4 trading days Traders who want a faster pass without going fully instant
Instant No evaluation account 3% daily trailing, 5% overall trailing, no target, minimum 10 trading days before payout Confident traders who want to skip the challenge stage
Important: Elites Funding is one of those firms where the overall offer looks simple, but the live detail still needs checking model by model. If you are comparing this firm with cleaner evaluation frameworks, our guides to prop firm drawdown rules and what a prop firm challenge is are worth reviewing before you buy.

Account Sizes and Pricing

Pricing is one of the main reasons traders will click this page, and it is also where Elites Funding gets messy. Some public pages show sale messaging like "from $74," while category and product pages still show higher listed base prices. That means the cleanest way to write this section is to separate listed base fees from rotating live promos.

Model Account sizes seen publicly Listed fees seen publicly Refund
Standard $10k, $25k, $50k, $100k, $200k $95, $209, $299, $499, $949 Fee refunded with first payout after funded-stage requirements
Express $10k, $25k, $50k, $100k, $200k $105, $239, $349, $569, $1,090 Fee refunded with first payout after funded-stage requirements
Instant $10k, $25k, $50k $157, $359, $525 Refundable with first payout

If you want the shortest answer, Express is the cleaner offer than Standard for many traders because the rules are more visible from public snippets. Instant is the expensive route, but it saves time and removes the pass-fail stage. If you are shopping mainly on price, compare Elites Funding with our lists of the cheapest prop firms and the best no evaluation prop firms before you decide.

Drawdown and Rule Structure

This is where Elites Funding gets more appealing. News trading is allowed. Weekend holding is allowed on the models we could verify. The homepage also says there is no consistency rule during evaluation, which makes the evaluation stage less awkward than many competitors.

Rule What Elites Funding says publicly
News trading Allowed
Weekend holding Allowed on Express and Instant
Consistency rule No consistency rule during evaluation; 30% threshold shown for funded-stage consistency monitoring
EAs and bots Not allowed
Trade copiers Not allowed
Other prohibited styles Tick scalping, martingale, HFT, account sharing, and abuse of demo conditions

That combination makes Elites Funding more trader-friendly than the average "strict but vague" budget prop firm. The trade-off is that it is built for discretionary traders. If your edge depends on automation, copy tools, or heavy system execution, this will feel restrictive.

Platforms and Tradable Instruments

Elites Funding currently says it offers challenge accounts on TradeLocker Demo. That matters because many older review pages still mention wider platform choice, but the firm's own FAQ now points to TradeLocker as the active platform reference.

On the instrument side, Elites Funding markets one-account access to forex, crypto futures, indices, commodities, and metals. That is a real selling point if you want broad exposure without buying separate challenge products just to trade crypto.

Platform view:
Good if you are comfortable with TradeLocker. Weak if you specifically want MT5 or a multi-platform setup.
Market access view:
Stronger than average for traders who want forex plus crypto and index exposure under one roof.

Payouts and Profit Split

Payouts are where the marketing is strongest and the documentation is least tidy. The homepage pushes 24-hour payouts, payouts on demand, and a 24h payout guarantee. Older public offer-page copy still says payouts are processed in 14 days. The FAQ pages for Express and Instant also point to an 80% initial split that can scale to 90%, while the homepage now markets up to 95%.

That does not automatically mean the offer is bad. It means the trader should verify the exact payout rules attached to the product being purchased. The positive side is that Elites Funding clearly says the fee is refunded with the first payout and KYC is required before payout requests.

Our view: The 24-hour payout headline is strong for conversions, but it should not be treated as fully settled until the live checkout, FAQ, and funded-stage terms line up. This is the single biggest area where Elites Funding would benefit from cleaner public documentation.

Elites Funding Coupon Code

FundedTrading Elites Funding Code

Use our tracked code for a straight checkout discount:

FT15

Offer: 15% off via the FundedTrading link.

Apply FT15 at Elites Funding

For coupon intent, this is the code to place on the page. It is easy to remember and fits the search query directly. The only catch is that Elites Funding also advertises rotating sitewide promos on its own homepage, so the exact best live discount can change. If you want the cleanest message, keep FT15 as the featured FundedTrading code and note that direct promos may rotate.

How to use the code

Pick your model, choose the account size, paste FT15 at checkout, and make sure the total updates before payment. If Elites Funding is showing a temporary sitewide promotion on the homepage, use whichever live total is lower.

Pros and Cons

Pros

  • Three funding paths under one brand
  • News trading and weekend holding are allowed on verified models
  • No consistency rule during evaluation
  • TradeLocker setup is simple for manual traders
  • Free retake is a strong value add
  • Crypto is included in the broader market offer

Cons

  • Public pricing is not fully consistent across pages
  • Profit split messaging varies between homepage and FAQ pages
  • Payout timing language also varies across public pages
  • Only TradeLocker is named in the current FAQ
  • EAs, bots, and trade copiers are not allowed

Is Elites Funding Legit?

Elites Funding looks legitimate in the basic sense that traders usually mean on review pages. The firm identifies a real operating company in Gibraltar, keeps a live FAQ and legal-policy structure, states clearly that the business runs on simulated trading, and maintains an active public Trustpilot profile.

That said, "legit" is not the same as "best documented." The main thing keeping Elites Funding out of the top tier for us is not a lack of public presence. It is the mismatch between headline marketing and supporting detail across its own pages. Traders who are comfortable checking the current rules before purchase may be fine with that. Traders who want ultra-clean public documentation will probably prefer a more established firm.

If trust and verification matter more to you than chasing a cheaper entry, compare this with our breakdowns of how to tell if a prop firm is legitimate, FTMO, and FundingPips.

Best Alternatives to Elites Funding

Firm Why consider it instead Best for
FTMO More established reputation and cleaner public documentation Traders who value structure and brand maturity
FXIFY More account variety and broader platform story Traders who want more model flexibility
FundingPips Common comparison choice in the same value-focused part of the market Traders comparing budget-friendly challenge offers

If your main goal is a one-step challenge with flexible holding rules, Elites Funding is competitive. If your main goal is confidence in documentation and a firmer long-term track record, FTMO is the safer comparison. If your main goal is broader product choice, FXIFY is the better side-by-side check.

Final Verdict

Elites Funding is a decent prop-firm option for traders who want flexibility more than polish. The one-step Express model is the most attractive part of the lineup. The free retake, evaluation-stage flexibility, and broad market coverage are all genuine positives.

We would still treat it as a "read the live rules before you pay" firm. The business looks real and active, but the public offer is not documented as cleanly as the better-established names in this category. If you like the structure and the live checkout terms make sense, Elites Funding can be worth a look. If you want cleaner trust signals and tighter rule communication, there are better alternatives.

FAQ

What is the Elites Funding coupon code?

The FundedTrading code for this page is FT15, which gives 15% off through our tracked link.

Is Elites Funding legit?

It appears to be a real and active simulated-funding firm with a Gibraltar operating entity, public legal pages, and an active review profile. The bigger issue is documentation consistency, not whether the brand exists.

Does Elites Funding allow news trading?

Yes. Its public FAQ says news trading is allowed as long as traders follow the broader prohibited-strategy rules.

Does Elites Funding allow weekend holding?

Yes, public FAQ snippets for Express and Instant say overnight and weekend holding are allowed.

What platform does Elites Funding use?

The current general FAQ points to TradeLocker Demo for challenge accounts.

Does Elites Funding allow EAs?

No. Elites Funding says Expert Advisors, robots, and trade copiers are not allowed.

How fast are Elites Funding payouts?

The homepage now markets 24-hour payouts and a 24h payout guarantee, but older public offer-page copy still mentions 14-day processing. That is one of the details traders should verify live before purchase.

Ready to Try Elites Funding?

Use the FundedTrading link below to apply the current tracked discount, then compare the final checkout total with any live homepage promo before paying.

Use FT15 at Elites Funding
Alex Firdaus
Head of Media & Lead Reviewer

Alex Firdaus is Head of Media at FinMedia Group and lead editor at FundedTrading.com. He spent close to a decade as a Google search quality rater, with additional experience evaluating search results for Bing, before moving into SEO consulting and prop firm industry coverage. He has led FundedTrading.com's content and search strategy since 2022, covering funding models, payout structures, platform rules, and prop firm due diligence.

Found an issue? If you spot incorrect info — payout stats, rules, or contact details — tell us and we’ll verify it.

This review is maintained by the FundedTrading.com editorial team. Scores are based on publicly available data and verified user reports. Payout figures and challenge prices can change, so confirm current terms directly with Elites Funding. This is not financial advice.

Exclusive Discount
Use code at checkout
Save 15% on any plan
Code FT15 applies at checkout
Quick Facts
InstrumentsForex, Crypto Futures, Indices, Commodities, Metals (one account)
Max Leverage (Forex)1:100
Scaling PlanScale to $500K; hit milestones for bigger balance + higher split.
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