FTMO vs FundedElite

How FTMO vs FundedElite compare on our ratings, prop firm specs, funding, pros and cons.

FTMO4.2/5
VS
Feature
Ratings
Our score4.2/53.8/5
User ratingNo reviews yetNo reviews yet
Payout reliability4.54.0
Rules & drawdown4.03.0
Costs3.54.5
Platforms & markets4.54.0
Transparency & support4.53.5
Specs
Evaluation1-step, 2-step, Instant funding1-step, 2-step, Instant funding
Account sizesUp to $200,000Up to $400K
Challenge feeNot disclosedFrom $5 for Flash Activation, standard challenges from $23.40
Profit split80% to 90%Up to 95%
Daily drawdown limit5%5%
Maximum drawdown10% static8%
Payout frequencyBi-weekly after 14 daysTwice per week
Payout methodsNot disclosedBank Wire, Crypto
Crypto leverageUp to 1:100Not disclosed
Trading platformsMT4, MT5, TradingView, cTraderMetaTrader 5, DXtrade, cTrader
MarketsCrypto, Forex, Indices, Commodities, StocksCrypto, Forex
KYC required Yes Yes
Company
Founded20152023
HeadquartersCzech RepublicItaly
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Static 10% max drawdown calculated from initial balance rather than trailing equity
  • Over $650M paid in rewards since 2015 across 140 countries
  • Profit splits scale from 80% up to 90% through the scaling plan
  • Supports TradingView, cTrader, MT4, and MT5 platforms
  • Profit splits reach up to 95%
  • Flash activation challenges begin at $5 upfront
  • Instant funding bypasses multi-step evaluations
  • News trading is permitted during high-impact events
Cons
  • Standard accounts prohibit holding positions over weekends or trading major news events
  • Identity verification is required before any reward withdrawal is processed
  • All trading takes place entirely within simulated demo environments
  • Slippage issues and disputed account-breach determinations
  • Trades must be held for at least 3 minutes, restricting quick scalpers
  • Strict IP monitoring penalizes mobile data switches
  • Trading occurs on simulated demo liquidity rather than live market order books
  • Drawdown limits and risk rules change between challenge and funded stages
Best forDisciplined day traders avoiding trailing drawdowns, Swing traders using cTrader or TradingView, Forex and crypto technical analystsTraders seeking low upfront challenge fees, Day traders and swing traders using MetaTrader 5, Traders wanting instant capital without evaluations

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.