Published:
Modified:
189

Elites Funding Review 2024

Rate:
0
Elites Funding Review 2024
Mobile tradingNews trading
Go to Website
Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Elites Funding
Founded:2023
Headquarter:Gibraltar
Min Price:$99
Max Fund:$200,000
Challenges:2
About
Elites Funding offers traders access to substantial capital, providing up to $200,000 in funding. The firm allows traders to choose between 1-step and 2-step evaluations, with no time limits on challenges. The maximum drawdown for funded accounts is 10%, with a 5% maximum daily loss and a first profit target of 9% (Standard) or 10% (Express).
Contact
5 Secretary's Lane, Gibraltar, GX11 1AA
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
Flexible challenges
High profit share
Cons
Limited tradable instruments
Less track record

Elites Funding provides 2 main accounts: Standard & Express. Traders can trade using MetaTrader 5 or TradeLocker and use up to 1:100 leverage.

Profit targets are 9% for the Standard challenge and 10% for the Express challenge.

One of Elites Funding's standout features is its high profit split, which can reach up to 90% with payouts made daily.

Elites Funding Review
Discover Elites Funding’s offerings and trading conditions

Elites Funding prop firm company overview

ElitesFunding is a trailblazing proprietary trading firm that is turning heads in the industry. They open the door for traders across the globe to tap into significant trading capital and jumpstart their elite trading journey. Here's what makes Elites Funding stand out from the crowd:

  • $10,000 up to $300,000 of funding;
  • Discovering and nurturing traders worldwide;
  • Generous profit sharing: Up to 90% of profits for traders;
  • Clear guidelines and seamless payouts

Elites Funding's commitment to empowering traders is evident in their approach.

Elites Funding prop firm specifications summary

Let's examine the nitty-gritty of what Elites Funding offers:

Account currency

USD

Minimum price

$99

maximum leverage

1:100

maximum profit split

90%

Instruments

Not Specified

Assets

Not Specified

evaluation steps

1-step, 2-step

Trading platform

MetaTrader 5, TradeLocker

Withdrawal methods

USDT ERC20

maximum fund size

$200,000

first profit target

9%

Max. daily loss

5%

Challenge time limit

No Limit

news trading

YES

Maximum total drawdown

10%

commission per round lot

N/A

trust pilot score

4.6

payout frequency

Daily

established country

Gibraltar

established year

2023

Elites Funding's platform is designed to connect talented traders with the capital they need to thrive in the markets.

Elites Funding prop firm pros & cons

Before diving in, let's weigh the advantages and disadvantages of Elites Funding:

Pros

Cons

High funding amounts

Limited instrument selection

Flexible challenge options

Relatively new company

High-profit split (up to 90%)

-

Elites Funding prop firm funding & price

ElitesFunding offers a range of account sizes to suit different trading styles and experience levels:

Account Balance

Standard Evaluation Cost

Express Challenge Cost

$10,000

$99

$110

$25,000

$220

$250

$50,000

$320

$370

$100,000

$530

$600

$200,000

$1,000

$1,150

Key points to remember:

  • All evaluation fees are refundable upon successful completion of the challenge;
  • No profit targets on funded accounts.
funding & price on Elites Funding
The minimum price to join a challenge on Elites Funding is $99

Elites Funding’s registration & verification process

Getting started with Elites Funding prop firm is straightforward:

  1. Visit the Elites Funding website and click "Member Area";
  2. Click on “Sign Up”;
  3. Fill in the registration form by providing your details (First name, Last name, Email) and set a password;
  4. Login to your account;
  5. Choose your preferred account size and challenge type;
  6. Make the refundable evaluation fee payment;
  7. Access your dashboard and start trading.

Verification process to be qualified for withdrawal:

  • Submit a government-issued ID (passport or driver's license);
  • Provide “proof of address” documents (bank statement or utility bill).

Evaluation steps on Elites Funding

Elites Funding offers two evaluation paths to suit different trading styles:

Challenge

Profit Target

Max. Daily Loss

Max. Total Loss

Express

10%

3%

6%

Standard

9%-5%

5%

10%

Both challenges have:

  • No time limits;
  • Up to 1:100 leverage.

Choose the challenge that best fits your trading style and risk tolerance.

Bonuses and discount offerings

As of 2024, ElitesFunding does not offer specific bonuses or discounts. However, they provide value through:

  • Refundable evaluation fees;
  • High profit splits (up to 90%);
  • No time limits on funded accounts;
  • Low commissions and competitive spreads.

While there are no formal bonuses, the overall package Elites Funding offers is competitive in the prop trading industry.

What instruments & symbols can I trade on ElitesFunding?       

ElitesFunding does not provide a specific list of tradable instruments on its platform, leaving traders curious about the exact assets they can access. However, it's common among proprietary trading firms to support a range of popular instruments, particularly in high-liquidity and high-volatility markets, such as:

  • Major forex pairs (e.g., EUR/USD, GBP/USD, USD/JPY);
  • Minor and exotic forex pairs;
  • Precious metals (Gold, Silver);
  • Energies (Crude Oil, Natural Gas);
  • Major stock indices (e.g., S&P 500, NASDAQ, FTSE 100);
  • Cryptocurrencies (Bitcoin, Ethereum, Litecoin).

To ensure accuracy, traders should always consult the platform's official resources or support team to confirm the available instruments.

Payment Methods for ElitesFunding

Elites Funding offers flexible payment options for evaluation fees and withdrawals:

Type

Method

Deposit

Credit/Debit cards, Cryptocurrencies

Withdrawal

Cryptocurrencies (USDT ERC20)

Key points:

  • Minimum withdrawal amount is equal to the challenge fee;
  • No fees charged by Elites Funding for withdrawals (bank fees may apply).

Commission & costs

Elites Funding prop firm prides itself on transparency when it comes to fees and costs:

  • No hidden fees or charges;
  • No monthly subscription fees for funded accounts.

Elites Funding's fee structure is designed to be trader-friendly and allows you to keep a significant portion of your profits.

Elites Funding’s Trust scores on Trustpilot

ElitesFunding has garnered positive reviews on Trustpilot, rating 4.6 out of 5 with over 240 reviews. Here's a breakdown of the feedback:

Positive aspects

Areas for improvement

Mobile trading offering

Some complains about payout limits

Constant market updates

delays from the support team

Reliable customer support

-

It's worth noting that Elites Funding actively responds to both positive and negative reviews, demonstrating their commitment to customer satisfaction and continuous improvement.

ElitesFunding on Trustpilot
ElitesFunding has been rated 4.6 out of 5 on the Trustpilot website

Customer support channels

Elites Funding offers multiple channels for customer support:

  • Email: support@elitesfunding.com;
  • Contact Form;
  • Live Chat.

Elites Funding's support team is known for being knowledgeable, friendly, and responsive to trader concerns.

Social media channels

Stay connected with Elites Funding through their active social media presence:

  • Twitter;
  • Instagram;
  • Telegram;
  • Facebook;

Following ElitesFunding on social media can provide valuable insights, community engagement, and potential promotional offers.

Expert suggestions

Elites Funding benefits traders by allowing news trading and refundable evaluation fees.

The firm’s Trustpilot rating of 4.6/5 from over 240 reviews reflects positive customer feedback.

Despite some concerns about payout limits and delays from support, Elites Funding remains a competitive option for traders.

FAQs

Is Elites Funding legit?

The company is a legitimate prop firm with positive reviews and a growing trader base.

How long does it take to get funded on Elites Funding?

Typically, traders can get funded within 1-2 weeks of completing the challenge successfully.

Can I trade news events with Elites Funding?

Yes, the prop firm allows trading during high-impact news events.

What happens if I lose the funded account?

If you breach the maximum loss limits, the funded account will be closed, but you can retry the challenge.

Does Elites Funding offer a demo account?

As of {YEAR}, The firm does not offer a demo account option.

score of blog
5 From 5.0
(1)
Rate this post
0Comment