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Funded Elite
Forex
Indices
Second Chance
Forex and indices prop firm with automated second chance on all challenges. Multiple evaluation options with scaling up to $400K.
Key Specs
- PlatformsMT4, MT5, cTrader
- Account Sizes$10k - $200k
- Payout FrequencyTwice Monthly
Best For
- Scalpers looking for low latency execution
- Traders who want multiple accounts (up to 20)
Pros
- Automated free second chance
- Multiple challenge types
- Up to 90% profit split
- Bi-weekly payouts
Cons
- Newer firm
- 21 days to first payout
Evaluation Rules
Funded Elite offers free second chance, 1 & 2 step, up to 90% split, scales to $400k. Here's the detailed breakdown of their evaluation process and trading rules.
Account Sizes
$10K, $25K, $50K, $100K, $200K
Account Types
1 Step, 2 Step, Instant
Drawdown Type
Static Daily + Max
Drawdown Amount
5% daily / 10% max
Profit Target
8% (1 Step) or 8%+5% (2 Step)
Min Days to Payout
21 days after first payout
Min Trading Days
5 days
Max Trading Days
No limit