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FundedElite
Crypto and CFD prop firm offering instant accounts, evaluation challenges up to $400K, and 95% payout splits
3.8/ 5
Our score
Good
Evaluation
1-step2-stepInstant funding
Challenge fee
From $5 for Flash Activation, standard challenges from $23.40
Profit split
Up to 95%
Maximum drawdown
8%
Payout frequency
Twice per week
Markets
CryptoForex
What is FundedElite?
FundedElite is a proprietary trading firm providing simulated funded accounts of up to $400,000 across crypto, forex, and CFD markets. It supports both classic evaluation challenges and instant funding options, with payout splits reaching up to 95% and entry models starting at $5.
Ownership and company background
The firm was founded in 2023 and operates under the legal entity Quantum SRL, based in Latina, Italy. Co-founder and CEO Christian Habibi managed a pet product distribution network before entering proprietary trading in 2020. Co-founder and COO Artur S. Deshko has a background as an IT and blockchain specialist who started trading in 2015. The firm maintains contact points in London and Saint Lucia alongside its Italian headquarters.
Challenge structures and mechanics
Traders can select between one-step, two-step, and instant funding programs. The standard two-step challenge requires an 8% gain target in the first phase and 5% in the second phase, with a maximum 5% daily drawdown and an 8% maximum total drawdown. Challenges require a minimum of 3 trading days without hard overall time limits. FundedElite also provides a Flash Activation Challenge, which lets users begin trading an evaluation for $5 and pay the full challenge activation fee only after passing. Accounts operate across MetaTrader 5, DXtrade, and cTrader environments.
Trading conditions and rules
Unlike standard CFD brokers, trading accounts remain fully simulated environments where payouts correspond to a share of simulated profits. News trading is permitted across challenges. However, specific operational limits apply, including a 3-minute minimum holding time on trades and restrictions on rapid scalping. Users are also subject to IP address monitoring, requiring consistent local IP or VPN connections to prevent account-sharing flags.
Payouts and operational risks
Payout requests can be submitted twice per week, with settlements processed via bank wire or cryptocurrency within 24 to 48 hours. By October 2026, the firm reported having paid out over $3.6M to more than 50,000 registered traders, with an average payout processing window under 24 hours. Like most proprietary trading models, the firm carries counterparty risk because participants trade on demo accounts rather than live liquidity, meaning payouts depend entirely on the operational solvency of the issuing firm.
Founders
Christian HabibiCo-Founder & CEO
Began trading in 2016 while managing a pet product distribution chain in Italy, entering proprietary trading in 2020.
Artur S. DeshkoCo-Founder & COO
IT and blockchain specialist who started trading in 2015 before entering proprietary trading in 2020.
Best for:Traders seeking low upfront challenge feesDay traders and swing traders using MetaTrader 5Traders wanting instant capital without evaluations
Pros and cons
Pros
- 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
- Average payout processing settles within 24 hours
Cons
- 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
Our review
3.8/5
Good
FundedElite delivers low barrier entry routes and high profit splits up to 95%, offset by strict IP monitoring, trade hold rules, and a brief operating history.
FundedElite is a proprietary trading firm launched in 2023 under Quantum SRL, a legal entity based in Latina, Italy, led by co-founders Christian Habibi and Artur S. Deshko. It provides retail traders with simulated accounts scaling up to $400,000 across forex, contracts for difference, and crypto pairs, with support for MetaTrader 5, DXtrade, and cTrader. Evaluation routes span classic two-phase structures alongside instant funding options and a flash activation challenge that starts at $5.
Standard evaluations require an 8% gain target in phase one and 5% in phase two, backed by a 5% daily drawdown and 8% overall drawdown ceiling. Payout arrangements let traders keep up to 95% of generated simulated gains, with bi-weekly payout requests cleared via crypto or bank wires in an average processing window of 24 hours. FundedElite also provides card packs, which distribute modifications like increased drawdown limits or step skips.
These terms include restrictive operational rules. Traders must navigate a strict 3-minute minimum trade hold time, limitations on high-frequency scalping, and stringent IP tracking policies. Connecting via changing mobile networks or varying VPN servers risks account review or denial. The firm also operates purely on simulated capital, and its shorter track record means stability remains less proven than older providers.
FundedElite suits disciplined swing and day traders who want accessible entry costs and fast payout schedules. High-speed scalpers, algorithmic news traders, and those who trade while traveling across fluctuating mobile networks should look for prop firms with fewer IP constraints and no minimum hold times.
Specs
| Evaluation | 1-step, 2-step, Instant funding · unverified |
|---|---|
| Account sizes | Up to $400K · unverified |
| Challenge fee | From $5 for Flash Activation, standard challenges from $23.40 · unverified |
| Profit split | Up to 95% · unverified |
| Daily drawdown limit | 5% · unverified |
| Maximum drawdown | 8% · unverified |
| Payout frequency | Twice per week · unverified |
| Payout methods | Bank Wire, Crypto · unverified |
| Trading platforms | MetaTrader 5, DXtrade, cTrader · unverified |
| Markets | Crypto, Forex · unverified |
| KYC required ⓘ | Yes · unverified |
Not disclosed by the provider: Crypto leverage, Restricted countries.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
Evaluation and instant accounts
Traders can access capital allocations up to $400,000 through one-step, two-step, or instant funding routes.
Flash activation challenge
Traders start an evaluation for a $5 entry fee and pay the full fee only after passing.
Multi-platform access
Executions run through simulated terminals on MetaTrader 5, cTrader, and DXtrade.
Rapid payout processing
Payout requests can be submitted twice weekly, settling via crypto or bank wire inside 48 hours.
Performance dashboard
The custom portal tracks maximum loss, daily drawdowns, and trading day reset timers in real time.
Gamified card packs
Users can spend earned payout credits on card packs to alter drawdown limits or skip challenge steps.
Inside FundedElite
Evaluation Challenges
Simulated multi-step evaluation challenges offering capital scaling up to $400,000, customizable drawdown rules, and free retry options.
Instant Funding
Simulated accounts bypass the challenge phase entirely. Traders receive immediate access to funded trading and profit generation.
Flash Activation Challenge
A low-cost evaluation format starting at $5 where the trader pays full activation costs only after passing.
Performance Dashboard
A built-in trading journal and analytics dashboard displaying balance boundaries, daily drawdown resets, and payout eligibility in real time.
Rule Modification Packs
Purchasable cards acquired using pack credits that unlock rule modifications on trading accounts, including drawdown adjustments and phase skips.
FundedElite screenshots
What users say about FundedElite
User feedback is extremely limited with no clear consensus. Mentions only touch on cheap funded account options alongside skepticism about legitimacy.
Based on 3 Reddit posts and comments from the last 12 months, checked Oct 23, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
User reviews
No user reviews yet. Have you used FundedElite? Share your experience below.
FAQ
Who founded FundedElite?
FundedElite was founded in 2023 by Christian Habibi, who serves as CEO, and Artur S. Deshko, who serves as COO. The firm operates under the Italian legal entity Quantum SRL.
What trading platforms does FundedElite support?
FundedElite supports MetaTrader 5, DXtrade, and cTrader. Traders can access forex, CFD, and cryptocurrency pairs across these platforms.
How does FundedElite payout processing work?
Traders can submit payout requests twice per week through the performance dashboard once eligible. Payouts are delivered via crypto or bank wire, with an average processing time of 24 hours.
What is the FundedElite Flash Activation Challenge?
The Flash Activation Challenge is an entry-level evaluation model that lets traders start for an initial fee of $5. The trader pays the remaining activation fee only after passing the required objectives.
What trading restrictions apply to FundedElite accounts?
FundedElite requires positions to be held for at least 3 minutes and enforces strict scalping rules. Traders must also use consistent IP addresses and avoid fluctuating mobile data connections to prevent account flags.
Latest from FundedElite on X
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POV: Funded Elite just got the new Tesla Roadster as the company whip 🥶
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When your parents are skeptical, show them this❗️
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We all have that one friend 😂
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Recent public posts from @fundedelite, shown as published. Not reviewed or endorsed by CryptoReview.
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