For the vast majority of users, we do not copy trades to live funds. However, we reserve the right to hedge
the positions of our traders on specific pairs to ensure proper risk management and coverage of trader
exposure.
Risk Management:
We implement stringent risk management practices to prevent bad actors from exploiting our services.
Our trading strategies are designed to minimize risk and do not rely excessively on any single trader. This allows
individual traders to execute their unique strategies while maintaining overall system integrity.
Data Usage and Privacy:
We may sell trading data or trading activities to third-party companies, while strictly maintaining privacy and
GDPR compliance.
Our commitment to privacy ensures that all data sharing is conducted within legal and ethical guidelines.
Opportunities for Traders:
We offer the possibility for consistently successful traders to join a live trading floor or transition to A-book live
capital accounts, provided they meet specific conditions.
Building a successful trading system requires extensive data collection, thorough analysis, and ongoing
refinement. By continuously expanding our trader base and data depth, we enhance our trading algorithms and
support the development of data-driven strategies.
FAQ Categories: Broker Information
Are there any regions where we cannot offer trading services?
Due to international legal requirements and to maintain a secure trading environment, FundedElite imposes
restrictions on specific countries for our various trading accounts.
Restricted Countries:
Individuals residing in or trading from the following countries are prohibited from accessing any of our
accounts:
Iraq, Cuba, Iran, North Korea, Lebanon, Libya, Crimea, Donetsk and Luhansk regions of Ukraine, Somalia
Additional Restrictions for Specific Account Types:
MT5 Accounts:
In addition to the above, individuals from the USA are also restricted.
cTrader Accounts:
Individuals from the USA face additional restrictions.
FundedElite remains committed to adhering to all international legal requirements, ensuring a safe and
compliant trading environment for all our users
What is the spread like?
The spread in our platform is virtually non-existent. We offer an extremely tight spread, with a maximum of 0.01 to 0.02 spread registered, which is among the best in the industry. This minimal spread ensures that traders can execute their trades with minimal cost impact,providing an advantageous trading environment.
What are the commissions like?
We are delighted to provide you with our exceptionally competitive commission rates. Please review the table below for a comprehensive overview:
Commissions – Purple Trading
| FX | Indices | AU,AG,Oil | XPD,XPT,NGAS | Other | US Stocks |
|---|---|---|---|---|---|
| 3$ | 0$ | 3$ | 0$ | 0$ | – |
Commissions – ThinkMarkets
| FX | Indices | AU,AG,Oil | XPD,XPT,NGAS | Other | US Stocks |
|---|---|---|---|---|---|
| 7$ | 0$ | 7$ | 0$ | 0$ | – |
Can I check the leverages?
Yes, you can check the available leverages in the table provided below. This should give you a clear overview of the leverage options we offer.
LEVERAGE
| FX | Indices | AU, AG | Oil | NGAS | XPD, XPT | Other | US Stocks |
|---|---|---|---|---|---|---|---|
| 50 | 30 | 20 | 20 | 20 | 20 | 2 | – |
What broker do you use?
We are partnering with Purple Trading, which offers raw spreads and low commissions for all our clients. Purple Trading is a Cypriot national trademark (no. 85981), National UK trade mark (no. UK00003696619), and European Union trade mark (no. 018332329) owned and operated by L.F. Investment Limited, 11, Louki Akrita, CY-4044 Limassol, Cyprus, a licensed Cyprus Investment Firm regulated by the CySEC lic. no. 271/15. The company is legally obligated to follow all laws of Cyprus and rules and conditions of its CySEC license.
Is Funded Elite a broker?
No, Funded Elite, operated by Quantum Srls is not a broker and does not accept deposits. We provide credentials to join a third-party platform for traders to showcase their skills.
