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CFDGibraltar
Elites Funding Prop Firm Review
Explore available platforms, evaluation programs and payout rules.
Visit official website- Score
- 7.1/10
- Safety grade
- B+
- Founded
- Jan 2023
- Direct funding
- Not available
Profit split80% (up to 95% via scaling)
PayoutsOn-demand
Programs & evaluation13
Choose from a range of evaluation programs with flexible profit splits and trading conditions.
Account size
Standard Evaluation
2 steps$10K- Profit target
- 9%
- Daily loss limit
- 5%
- Maximum drawdown
- 10%
- Profit split
- 80% (up to 95% via scaling)
- Drawdown model
- Static
- Minimum trading days
- 5
Express Challenge
1 step$10K- Profit target
- 10%
- Daily loss limit
- 3%
- Maximum drawdown
- 6%
- Profit split
- 80% (up to 95% via scaling)
- Drawdown model
- Static
- Minimum trading days
- 4
Instant Funding
Instant funding$10K- Daily loss limit
- 3% Trailing (equity-based)
- Maximum drawdown
- 5% Trailing (equity-based)
- Profit split
- 80% (up to 95% via scaling)
- Drawdown model
- intraday_trailing
- Minimum trading days
- 10
Standard Evaluation
2 steps$25K- Profit target
- 9%
- Daily loss limit
- 5%
- Maximum drawdown
- 10%
- Profit split
- 80% (up to 95% via scaling)
- Drawdown model
- Static
- Minimum trading days
- 5
Express Challenge
1 step$25K- Profit target
- 10%
- Daily loss limit
- 3%
- Maximum drawdown
- 6%
- Profit split
- 80% (up to 95% via scaling)
- Drawdown model
- Static
- Minimum trading days
- 4
Instant Funding
Instant funding$25K- Daily loss limit
- 3% Trailing (equity-based)
- Maximum drawdown
- 5% Trailing (equity-based)
- Profit split
- 80% (up to 95% via scaling)
- Drawdown model
- intraday_trailing
- Minimum trading days
- 10
Standard Evaluation
2 steps$50K- Profit target
- 9%
- Daily loss limit
- 5%
- Maximum drawdown
- 10%
- Profit split
- 80% (up to 95% via scaling)
- Drawdown model
- Static
- Minimum trading days
- 5
Express Challenge
1 step$50K- Profit target
- 10%
- Daily loss limit
- 3%
- Maximum drawdown
- 6%
- Profit split
- 80% (up to 95% via scaling)
- Drawdown model
- Static
- Minimum trading days
- 4
Instant Funding
Instant funding$50K- Daily loss limit
- 3% Trailing (equity-based)
- Maximum drawdown
- 5% Trailing (equity-based)
- Profit split
- 80% (up to 95% via scaling)
- Drawdown model
- intraday_trailing
- Minimum trading days
- 10
Standard Evaluation
2 steps$100K- Profit target
- 9%
- Daily loss limit
- 5%
- Maximum drawdown
- 10%
- Profit split
- 80% (up to 95% via scaling)
- Drawdown model
- Static
- Minimum trading days
- 5
Express Challenge
1 step$100K- Profit target
- 10%
- Daily loss limit
- 3%
- Maximum drawdown
- 6%
- Profit split
- 80% (up to 95% via scaling)
- Drawdown model
- Static
- Minimum trading days
- 4
Standard Evaluation
2 steps$200K- Profit target
- 9%
- Daily loss limit
- 5%
- Maximum drawdown
- 10%
- Profit split
- 80% (up to 95% via scaling)
- Drawdown model
- Static
- Minimum trading days
- 5
Express Challenge
1 step$200K- Profit target
- 10%
- Daily loss limit
- 3%
- Maximum drawdown
- 6%
- Profit split
- 80% (up to 95% via scaling)
- Drawdown model
- Static
- Minimum trading days
- 4
Promo codes
No promo codes published for this firm yet.
Platforms
TradeLocker
Company overview
Trade with up to $500k today. Trade Forex, crypto and indices using simulated funds. Keep up to 95% of the profit you make. Elites Funding offers Standard 2-Step, Express 1-Step, and Instant Skip Eval programs on TradeLocker with account sizes from $10K to $200K and scaling to $500K. Standard challenge rules: Phase 1 9%, Phase 2 5%, Daily Loss 5%, Max Drawdown 10%, Leverage 1:100, Min Days 5, Free Retake Included. Express: 10% target, Daily Loss 3%, Max Drawdown 6%, Leverage 1:100. Instant: Daily Loss 3% Trailing, Max Drawdown 5% Trailing, Leverage 1:50. Forex Crypto Futures Indices Commodities Metals in one account. 24h Payout Guarantee. $12M+ Paid Out since 2023 with 20,000+ traders globally.
Payouts & rules
- Payment methods
- Multiple options (see official website)
- Payout methods
- Multiple options (see official website)
- Payouts
- On-demand
- Payout frequency note
- No fixed schedule; a payout request can be submitted at any time once the minimum trading-day requirement is met
Trading rules
Payout rules
- Notes
- Minimum payout amount must be at least equal to the challenge fee paid; a smaller amount is declined. Only one pending payout request allowed at a time.
- On demand
- Yes
- Fees by payout method
- Crypto payouts are sent as USDT on the ERC20 (Ethereum) network
- Profit split
- 80% (up to 95% via scaling)
- Processing time
- Up to 24 hours after approval
- Payouts
- On-demand
- Payout schedule note
- You can request your first payout after completing a minimum of 10 trading days on your funded account
- Profit split scaling
- Profit split starts at 80% and increases up to 95% based on funded-stage performance and risk management
- Payout consistency rule
- No single trading day should account for more than 30% of your total profits for the entire period.
- Minimum trading days for payout
- 10
- Fee refunded on first payout
- Yes
Trading rules
- Reset fee
- Free (Free Retake)
- Reset note
- Free Retake allows restarting the challenge at no extra cost, once, only during the evaluation phases (Phase 1/Phase 2) of Standard Evaluation and Express Challenge; not available for Instant Funding or funded accounts
- Holding note
- Overnight and weekend holding allowed across all programs
- Maximum leverage
- 1:100 (Standard Evaluation and Express Challenge), 1:50 (Instant Funding)
- Scaling Plan
- Profit split increases from 80% up to 95% based on funded-stage performance and risk management
- Reset allowed
- Allowed
- Scalping note
- FAQ explicitly names 'tick scalping' as prohibited.
- Inactivity rule
- Account is auto-closed (evaluation) or suspended (funded) after 30 consecutive days with no trades placed
- Daily loss reset
- Daily loss limit resets every day at 00:00 GMT (server time)
- Scalping allowed
- Not allowed
- News trading note
- Trading during news events is explicitly allowed across all programs
- Martingale allowed
- Not allowed
- Challenge time limit
- No time limit on Standard Evaluation or Express Challenge phases
- Copy trading allowed
- Not allowed
- Funded drawdown rules
- Static, unchanged from challenge stage on Standard Evaluation (10%) and Express Challenge (6%); trailing equity-based on Instant Funding (5% overall, 3% daily)
- News Trading Allowed
- Allowed
- Funded drawdown model
- Static
- Expert advisors allowed
- Not allowed
- Prohibited strategies
- Tick scalping, inappropriate risk management, account sharing, martingale strategies, high-frequency trading, and any attempt to manipulate trading days or exploit demo environment conditions. Separately, Expert Advisors (EAs), trading robots and trade copiers are not permitted (indicators are allowed).
- Funded account consistency rule
- The consistency threshold is set at 30%
- Challenge drawdown rules
- Static 10% (Standard Evaluation), Static 6% (Express Challenge)
- Weekend holding allowed
- Allowed
- Challenge drawdown model
- Static
- Overnight holding allowed
- Allowed
- Challenge consistency rule
- This rule applies only during the Funded Stage, including Instant Funding accounts, and is not required during the evaluation phases.
What stands out
Published advantages and trade-offs to review before choosing a program.
Key benefits
Keep up to 95% of the profit you make. Free retake on every evaluation. Fee refunded with first payout. No consistency rule during evaluation. Trade Forex, crypto and indices using simulated funds. 24h Payout Guarantee. Scale to $500K.
Things to consider
TradeLocker is the only trading platform offered. Instant Skip Eval has trailing drawdown and 1:50 leverage with no free retake.
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