fundedelitetrader.com

1.1
1.1 Based on 45 reviews

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Eric
Funded elite traders aka Funded Edge traders

It's been over 90 days now and I haven't received a penny! I waited 35 days for AlgoPlus to pass a 200k challenge using Fundedelitetraders prop firm, 35 more days for them to trade my real live acct. Than I waited the 5-7 days for processing and when it was time for my payout, all of a sudden they had tech issues and other setbacks. It's been a month since I should have been paid and now I keep getting the run around again. I eventually put two and two together and came up with how their scam operation works. 1st, Algo plus rips you off through challenge purchases and constantly entices you to keep buying more and more fake challenges, while they pretend trade using a fake prop firm called Funded Elite Traders (FET) who changed their name to Funded Edge traders to disassociate themselves from FET due to bad reviews. 2nd, after you purchase several fake challenges, they charge your bank account around $30 a month for an Add-on "FastPass" service under Fanbasis in order to "supposedly" trade more efficiently. And while you wait 80 plus days, any kind of future refund or dispute becomes too far gone! 3rd, they continually give you the run around with payout promises to keep you from submitting any bad reviews online so they can continue their scam operation! I feel bad because they prompt innocent people like you and me to give positive video feedback during their "fake challenge" experience on their Telegram page, so they can gain more more credibility to others on their "managed clients" page. I feel sorry when these people end up not getting paid the THOUSANDS of DOLLARS they are expecting and end up getting SCAMMED like the rest of us!! UPDATE!!!I received multiple ads on YouTube of a similar management company called "AlgoOne", DO NOT TRUST THEM! If you get on their Telegram page, they work with Quantum Trading prop firm and Quantum has an individual support channel and it happens to be FET's support page! I clicked on Quantum's support link and I was routed to the last freaking argument where I had left off with FET!

1
Date of experience: Sep 30, 2025

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