Eleonex Prop Firm Review

Updated and verified on 13 September 2026

Built from a completed JoinProp data request returned by Eleonex on 2 September 2026, signed off by its CEO, and updated on 10 September 2026 after a correction round with the firm. Checked against the firm’s published terms and help centre. This is a simulated-account firm. Per-size fees were read from the firm’s own checkout configurator on 10 September 2026 and are list prices, before any promotional code. Payout figures are self-reported and not independently audited.

Pricing snapshot

List fees run from $69 for a $5,000 2-Step Forge Core account up to $469 for a $75,000 2-Step Forge Prime account. The full per-size table is below, read from Eleonex’s own checkout configurator on 10 September 2026.

One thing to know about the numbers. The firm quoted us a range of $42 to $282, which is what these same products cost once a 40% discount code is applied. Eleonex runs a promotion almost continuously, and at the time of review it was a buy-one-get-one-free offer with a further 20% off under the code BOGO20. We publish the list price and show the promotional price next to it, because the promotion changes and the list price does not.

The refund structure is worth reading closely, because it splits by programme. On Ignite the fee is not refundable at all. On every other programme the fee is rebated with your first reward, which is the fastest rebate schedule in the sector, where four or five payouts is more typical. In both cases a failed challenge means no refund. There is no second activation fee after passing.

Add-ons at checkout

Stacking all three adds 60% to the price of the challenge. The faster-payout add-ons also change how much of your first payouts you actually receive, which is covered under Split and payouts below.

Company and regulation

Eleonex is operated by Eleonex DOO, registered in Serbia under company number 22097318, with the terms governed by Serbian law. The firm is not regulated by any financial regulator, and states plainly that accounts run on simulated capital. It was founded in 2025, so it has roughly a year of trading history behind it. Maximum capital allocation is $300,000 per trader.

The legal entity a customer contracts with is Eleonex DOO, confirmed by the firm. That is the name to look for in the terms you accept at checkout.

Core vs Flex: the choice that defines your funded account

Most firms tighten a rule or two after the evaluation. Eleonex takes a different route: it lets you choose the rule set before you buy. Every evaluation family is sold in a Core and a Flex version, and the difference is the thing most traders actually care about.

Core accounts restrict news trading and weekend holding at the funded stage, and the two are not treated the same way. Holding over a weekend is an immediate hard breach that ends the account. News trading is gentler: a first violation is a soft breach, and only a subsequent violation becomes a hard breach. Flex accounts are designed for the opposite trader, the one who needs that flexibility, and they allow news trading and weekend holding. The strategy that passed your evaluation is therefore the strategy you can keep trading, provided you bought the right variant. If you swing trade, or your edge is built around scheduled releases, buy Flex. It is a decision to make at checkout, not after you pass.

Alongside it sit three more rules that end accounts here: a scalping floor requiring 50% of trades to be held longer than two minutes, a consistency threshold of 20% on Ignite and 30% on the 1-step products, and a 30-day inactivity rule that is also a hard breach. The consistency rule is the gentler of the three: missing it does not fail you, it simply means you keep trading until your ratio comes back inside the threshold before a payout is released.

The four product families

Eleonex organises its range into four families. Ignite is instant funding. Pulse is the 1-step evaluation on a trailing drawdown, Forge is the same 1-step evaluation on a static drawdown, and 2-Step Forge is the two-phase static ladder. Pulse and Forge each come in Core and Flex conditions, and 2-Step Forge adds a wider-tolerance Prime tier. Offering the same evaluation in both a trailing and a static version is genuinely rare.

Account sizes run $5,000, $10,000, $25,000, $50,000 and $100,000 on every programme except 2-Step Forge Prime, which tops out at $75,000. There is no time limit on any of them. Leverage is up to 1:30 on Ignite and up to 1:100 everywhere else. Note that Prime is the most forgiving tier on paper, an 8% first target against a 12% floor and a 6% daily limit, which is why it carries the smaller maximum size.

On drawdown mechanics, the daily limit is calculated from the higher of your starting balance or your equity at the 22:00 UTC day roll. The trailing programmes track your highest recorded equity and never lock, and the firm confirms the floor does move up after a payout on those. On the static programmes the floor is fixed and a payout does not change it. If you dislike a floor that chases you, the static Core, Flex and Prime products are the reason to look here.

Split and payouts

The base split is 80%, which is where the market sits. The advertised 90% is a paid add-on at 10% of the challenge price rather than something you earn through scaling, so read the ceiling as a purchase rather than a reward. The firm also confirms the split can be reduced after funding if you take a soft breach.

Payout timing is where the add-ons bite. With no add-on, your first payout comes 14 days after your first trade and the cycle runs every 14 days thereafter, at the full split. Buy the faster cycles and the early payouts are throttled instead:

• Weekly rewards add-on: first payout pays 60%, second and onwards 80%.
• On demand add-on: first payout pays 40%, second 60%, third and onwards 80%.

The firm confirms the withheld portion is deferred rather than lost, so it comes back to you later. Even so, the arithmetic is worth doing before you buy: paying 30% of the fee for on-demand payouts and then receiving 40% on the first one is a meaningful cost if you plan to take money out early and stop. Processing is quoted at within 24 hours once approved, paid via Rise or crypto, with a minimum payout of 1% of the account starting balance and no fee deducted.

Payout data

Eleonex is one of the few firms that answered our payout-data section in full. These figures are self-reported and not independently audited, and the firm does not publish a live payout log, but it did point us at its own blog and social posts as backing.

Total paid since inception: $974,257. Averages are ours, calculated from the totals and counts the firm supplied. The month-on-month jump, roughly double the total on 50% more payouts, is steep, and worth watching over a few more months before reading it as a trend.

Rules and fees at a glance

• Split: 80% base. 90% available as a paid add-on at 10% of the challenge fee. Can be reduced after a soft breach.
• Fees: $69 to $469 list price, across all four families and every account size. A promotional discount is almost always running.
• Fee refund: rebated with your first reward on all programmes except Ignite, where it is not refundable. No refund on a failed challenge, and no activation fee after passing.
• Drawdown: trailing on Ignite and the Pulse pair, tracking highest equity with no lock and moving up after a payout. Static and fixed on the other five.
• Daily loss: measured from the higher of starting balance or equity at the 22:00 UTC day roll.
• Platform and markets: cTrader, TradeLocker. Forex, metals, indices, commodities and crypto. $5 per lot on forex, metals and commodities, and no commission on indices or crypto.
• Swap-free accounts: not available.
• Automation: Expert Advisors allowed with prior approval. Copy trading allowed only where the Eleonex account is the master.
• News trading: allowed on Flex accounts, including once funded. Restricted at the funded stage on Core accounts, where a first violation is a soft breach and a repeat is a hard breach.
• Weekend and overnight holding: allowed on Flex accounts. Restricted once funded on Core accounts, and unlike news trading there is no soft-breach step here: a violation is an immediate hard breach.
• Scalping: at least 50% of trades must be held longer than two minutes.
• Consistency: 20% on Ignite, 30% on the 1-step products. Missing it delays a payout rather than failing the account.
• Inactivity: 30 days without trading is a hard breach.
• Profit caps: none per day or per trade.
• Maximum allocation: $300,000 per trader.

Verdict

Eleonex does two things that are genuinely uncommon. It offers the same evaluation in both trailing and static drawdown versions, so a trader who hates a chasing floor can simply buy the static one, and it answered our payout-data section in full when most firms decline. A rebate that arrives with the first reward rather than the fifth is also better than the sector norm. The 80% base split is competitive, and the four-family range gives real choice at the $5,000 to $100,000 end.

What needs care is the Core versus Flex decision. On a Core account, news trading and weekend holding are restricted the moment you are funded, and weekend holding in particular is an instant hard breach, which is a constraint plenty of traders only read about after passing. Flex exists precisely to remove it, but you have to buy the right one. The 90% ceiling is bought rather than earned. The faster payout add-ons cost money and then throttle the first payouts they were bought to accelerate. There is no swap-free option, and the firm is unregulated and about a year old.

The honest summary is a firm with a well-built product range and unusual transparency about what it pays, wrapped in funded-stage rules that need reading in full before you buy. Match the Core or Flex variant to how you actually trade, price the add-ons against how you intend to withdraw, and prefer the static Forge products unless you have a reason not to.

Frequently Asked Questions

Is Eleonex regulated?

No. Eleonex is operated by Eleonex DOO, registered in Serbia under company number 22097318 and governed by Serbian law. It is not regulated by any financial regulator, and accounts run on simulated capital.

Can you trade the news on an Eleonex funded account?

Yes, on a Flex account. Eleonex sells its evaluations in Core and Flex versions, and Flex is designed for traders who need news trading and weekend holding, including at the funded stage. On a Core account news trading is restricted once funded. A first violation is a soft breach, and only a subsequent violation is a hard breach that ends the account.

Is the Eleonex challenge fee refundable?

On every programme except Ignite, yes: the fee is rebated with your first reward. On Ignite it is not refundable. A failed challenge is never refunded, and there is no activation fee after passing.

What profit split does Eleonex pay?

The base split is 80%. A 90% split is available as a paid add-on costing 10% of the challenge price. If you buy the weekly or on-demand payout add-ons, the first payouts pay less: 60% then 80% on weekly, or 40%, 60% then 80% on demand, with the withheld portion deferred rather than lost.

Does Eleonex use a trailing or a static drawdown?

Both, depending on the programme. Ignite and the two 1 Step Trailing products track your highest recorded equity, never lock, and the floor moves up after a payout. The two Forge products and all three 2 Step products use a fixed floor that a payout does not change.