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Forex Firms Comparator

Compare features of different Forex firms side by side

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forTraders logoforTraders
Funded Elite logoFunded Elite
Headquarters

Goldcrest Executive Building, Office No. 1210, JLT, Cluster C, Dubai, United Arab Emirates

Corso G. Matteotti 61, Latina, 04100, Italy

CEO

Jakub Rož

Christian Habibi

Country

United Arab Emirates

Italy

Foundation

2023

2023

Banned Countries
Pakistan, Iran, Syria, Myanmar, Bangladesh, North Korea, Russian Federation, Belarus, Cuba, Lebanon, Libya, Sudan, Crimea, Donetsk, Luhansk, United Arab Emirates
United States, Canada, Iran, Iraq, Cuba, North Korea, Israel, Syria, Palestine
Assets
Forex, Commodities, Indices
Forex, Indices, Commodities, Stocks, Crypto
Brokers

Liquidity Provider

Funded Elite
Refund
✓
✓
Payout Fee
  • Crypto ($100 – $399): $25
  • Rise ($400 or more): $50
  • Rise: $35
  • ERC20 and BTC: Around $7
  • TRC20: Around $3
Platforms
Metatrader 5, cTrader, TradeLocker
Metatrader 5, TradeLocker
Instruments
Forex (majors, minors, exotics), Commodities (CFDs), Indices (CFDs), Energies (CFDs), Metals (CFDs)
Payout Methods
Transfer, Crypto, Rise
Crypto, Rise
Payment Methods
Card, Crypto, Transfer
Card, Crypto
Payout Frequency

Every 14 days

Can be choose at checkout: 3, 7, 14, 21 days

Payout Guarantee

48 hours: if not paid within 48h, 100% profit split

Maximum Withdrawal
  • Crypto: $500
  • Giveaway and free accounts: 2% of the initial balance
Minimum Withdrawal
  • Minimum: $100 in For Traders wallet
  • Maximum per cycle (bi-weekly): $15,000 on most accounts
  • Withdrawal fees:
    · $100-$399 (crypto): $25
    · $400+ (Rise: bank/local/crypto): $50
  • Crypto: $30
  • Rise: $500
Demo Account
MetaTrader 5
ID:55188
Password:Fundedelite1!
Server: Fundedelite-Server
Forex
  • Challenge accounts (evaluation phase): 1:125
  • Master accounts (Fast/Classic/Strike): 1:30
  • Master accounts (Fast Static): 1:20
  • Master accounts (Instant Pro): 1:10

30:1 (50:1 and 100:1 available as an add-on at the checkout)

Metals
  • Challenge: 1:40 (gold/silver part of FX leverage 1:125)
  • Master: 1:10
10:1
Energies
  • Challenge: 1:40
  • Master: 1:10
10:1
Indices
  • Challenge: 1:20
  • Master: 1:10
  • Instant Pro: 1:5
  • Fast Static: 1:10
10:1
Crypto
2:1
Forex
3 / lot
3 / lot
Metals
3 / lot
0 / lot
Energies
3 / lot
3 / lot
Indices
0
0
Crypto
0
Account Reset

Traders can independently restart their live account directly from the dashboard.

  • The initial reset carries a fee equal to 20% of the original challenge price (no discounts applied and including any selected add-ons), with a minimum charge of $10 USD.
  • The fee for the second reset will be double the cost of the first reset.
  • The third and final reset will cost twice the fee of the second reset.
Add-ons
✗
✓
Instant
✓
✓
One Step
✓
✓
Account scaling
✓
✓
Two Steps
✓
✓
Max Drawdown
  • Forex Fast: 6% trailing
  • Forex Fast Static: 6% balance-based static
  • Forex Classic: 8% or 10% (depending on order)
  • Forex Strike: 5% from initial balance
  • Forex Pay After Pass: 6% trailing
  • Forex Instant: 5% trailing
  • Forex Instant Pro: 6% trailing
  • 1 Step, 2 Step: Static
  • Instant: Trailing
  • Activation: Static during challenge and trailing on funded account
  • Catalyst: Trailing equity. 6% at $25K, 5% from $50K up
Profit Split
  • Forex evaluation products (Fast, Fast Static, Classic, Strike and Pay After Pass): 80% or according to the selected order
  • Forex Instant: starts at 70% and increases by 5% with each reward, up to 90%
  • Forex Instant Pro: starts at 60% and increases by 10% with each reward, up to 90%
  • 1 Step, 2 Step: 60%, 70%, 80%, 95% (can be selected at the checkout)
  • Instant: 70%, 95%
  • Activation: 80%
  • Catalyst: 80% at $25K, 85% at $50K, 90% at $100K, 95% from $200K and up
Free Trial
✗
✗
dailyDrawdown
  • Forex Fast/Fast Static/Strike/Pay After Pass: 3% (Fast: from previous day equity; Fast Static: from previous day balance/equity; Strike: fixed from initial)
  • Forex Classic: 4% or 3% (depending on order)
  • Forex Instant: 3% of starting balance
  • Forex Instant Pro: none

Highest balance or equity recorded at the end of the day (EOD high-watermark).

  • Catalyst: 3% of the higher of yesterday's closing balance or equity
Three Steps
✓
✗
Max Allocation

$300,000 combined across all Master Accounts and Instant Models (Forex + Crypto + Futures shared cap). No allocation limit during Challenge phase.

  • Vietnam, Pakistan: 100,000
  • Rest of the world: 300,000
Merge Accounts
✗
✓
Maximum Trading Days
  • Three Step: 60 per phase
  • Rest of accounts: No limit

Unlimited

Minimum Trading Days
  • 1 Step, 2 Step: 3 days on funded account
Monthly Competition
✓
✓
Minimum Profitable Days
  • Forex Fast: 3 profitable days (0.5% of starting balance each)
  • Forex Classic: 3 profitable days per phase
  • Forex Strike: 3 profitable days per phase
  • Forex Instant: 7 profitable days
  • Forex Instant Pro: not required
  • 1 Step, 2 Step: 3 days of at least 0.5% profit on challenge phase
  • Instant: 3 days of at least 1% profit on funded phase
  • Activation: 3 days of at least 0.5% profit on both challenge and funded phase
  • Catalyst: 5 days with a minimum PnL per stage ($150 / $250 / $350 / $450 / $650 / $850 / $1,000 for $25K → $1M)
Expert Advisor (EA)
✗
✗
VPN
✓
✓
Hedging
✗
✗
Requires Stop Loss
✗
✗
Scalping
✓
✓
Stacking / Layering (DCA)
✓
✓
allowsMartingale
✗
✓
Maximum Risk Limit
✓
✓
Copy Trading
✗
✓
News Trading
~
✓
hasInactivityRule
  • Forex Fast / Fast Static / Classic / Strike / Pay After Pass (Challenge & Master): 30 days
  • Forex Instant / Instant Pro: 7 days

Days counted from the moment a position is CLOSED, not opened. Minimal 0.01-lot trades to game the rule don't count.

29 days

Consistency Rule
✓
✓
Hold Weekend
✓
✓
Prohibited Strategies
  • Arbitrage (latency, reverse, statistical)
  • HFT (High Frequency Trading)
  • Grid trading
  • Tick scalping
  • Fully autonomous bots/EAs
  • Cross-account hedging
  • Gambling behaviors (overleveraging, all-in trades > 70% of profit target)
  • Martingale
  • Inbound copy trading and signal services
  • Group/signal trading from Telegram, Discord etc.
  • IP sharing
  • HFT
  • Hedging
  • Account Rolling
  • Account Sharing/any passing service
  • Latency Arbitrage
  • Server Spamming

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