Last updated: April 22, 2026
Partial: FundedElite has a very strict EA policy. EAs are allowed only as a support tool for manual trading. Fully automated EAs that execute trades independently are explicitly prohibited. Martingale bots, grid EAs, and public scalping bots are all banned. You must notify the firm of any EA in use.
| EA Support | Partial: support tool only; no fully automated EAs |
| Allowed EA Types | Risk management, position sizing, chart analysis tools only, must complement manual trading |
| Martingale | Prohibited: explicitly banned |
| Grid Trading | Grid EAs prohibited; manual grid trading allowed within rules |
| Copy Trading | Allowed from own accounts only; requires EA feature enabled; third-party prohibited |
| HFT | Prohibited: minimum 3 minutes hold time (30 seconds with scalping add-on) |
| News Trading | Allowed: no restrictions; firm not responsible for slippage during news |
| Min Trade Duration | 3 minutes standard; 30 seconds with scalping add-on |
| Fixed SL Required | No, but risk calculated using max adverse excursion if no SL set |
| Account Sizes | $7K, $15K, $25K, $50K, $100K, $200K, $300K |
| Phase 1 Profit Target | Customizable: 6%, 7%, 8%, 10%, or 12% |
| Phase 2 Profit Target | 5% (2-Step); N/A (1-Step) |
| Daily Drawdown | 3% (1-Step); 5% (2-Step) |
| Max Drawdown | Customizable: 5%, 6%, 8%, 9%, or 10% |
| Drawdown Type | Static: based on original account balance |
| Min Trading Days | 3 profitable days per phase |
| Time Limit | Not stated |
| Profit Split | 60%, 70%, 80%, or 95%; customizable at purchase |
| Scaling Plan | Available: details in separate documentation |
| Platforms | MetaTrader 5, TradeLocker |
| MT5 Available | Yes |
| Payout Frequency | Every 3, 7, 14, or 21 days: chosen at purchase; first payout after 21 days |
| Payout Methods | Rise (bank transfers); crypto (max $500 per cycle) |
FundedElite is not suitable for algo traders running autonomous Expert Advisors. The firm explicitly prohibits fully automated trading. It is listed here for completeness, but EA traders should choose a different firm.
Does FundedElite allow EA trading?
No, not for independent execution. FundedElite permits EAs as support tools only; fully automated trading where the EA opens and closes positions on its own is prohibited.
Can I use an EA at all on FundedElite?
Only as a support tool. You can use EAs for alerts, analysis, or order execution assistance, but the trading decisions must be yours, not the EA's.
What happens if I run a fully automated EA on FundedElite?
Your account will be flagged and can be closed without payout. If you run a fully automated strategy, choose FTMO, FundedNext, or another firm that explicitly supports independent EA execution.