Elysium Forex Review 2026 – Prop Firm Features, Rules & Payout Explained
Read our full Elysium Forex review, including a detailed breakdown of Challenge types, Drawdown rules, Prohibited Strategies, and Payout process.
5.0
5.0
Elysium Forex
Forex, Crypto, Futures, Commodities, Indices, Metals
US
2025
CEO: Richard Brown
DXTrade
MatchTrader
cTrader
Rithmic
Rise
Crypto
Credit/Debit Card
Crypto
PayPal
Gooeytrade
Try Our New Consistency Calculator
Advanced analytics to measure your trading edge and performance consistency
Elysium Forex Review 2026
Elysium Forex is a multi-asset prop firm founded in 2025 and based in New York, United States. The firm is providing traders with funded accounts through evaluation challenges and instant funding models, focusing on Forex, Crypto, and Futures markets.
Elysium Forex prop firm stands out for its high profit splits, flexible trading conditions and multiple account types that are designed to match different trading styles. However, traders need to be careful with the drawdown limits, payout conditions, and restrictions prior to applying any of the available Elysium Forex coupon codes.
Choosing a funded account from a prop firm like Elysium Forex demands a proper understanding of the evaluation rules, loss limits and payout conditions, which might result in costly mistakes for traders. Selecting the right funded account requires a deep understanding of evaluation rules, daily loss limits, and payout eligibility to avoid costly mistakes.
In this Elysium Forex review 2026, we provide a complete understanding of the firm’s account types, payouts, and the latest, available Elysium Forex discount code that helps the traders to make the most of purchasing a prop firm challenge or instant account, thus minimizing risks involved in the process.
Elysium Forex Prop Firm Overview
| Category | Details |
|---|---|
| Company Name | The prop firm name is Elysium Forex. |
| Legal Name | Elysium Forex's legal name is Elysium Partners. |
| Registration Number | The registration number of the firm is 250730023112. |
| CEO | The CEO of Elysium Forex is Richard Brown. |
| Headquarters | The headquarters is located at New York, U.S.A. |
| Broker | The broker associated with Elysium Forex is GooeyTrade. |
| Operating Since | Elysium Forex has been operating since 2025. |
| Account Sizes | Elysium Forex provides account sizes ranging from $5k to $400k. |
| Profit Split | Elysium Forex offers up to 90% profit split. |
| Challenge Types | Elysium Forex offers 1-Step and 2-Step challenges for Forex and Crypto, a 4-Step Futures evaluation, and an Instant Funding option. |
| Payout Cycle | Elysium Forex offers payouts on-demand for the 1st withdrawal, then every 30 days or bi-weekly with an add-on. |
| Payout Method | The withdrawal methods supported by Elysium Forex are Rise and Crypto. |
| Trading Platforms | Elysium Forex supports trading on DXtrade, MatchTrade, cTrader (not available for US traders) and Rithmic for Futures. |
| Financial Markets | Elysium Forex supports trading in Forex, Commodities, Indices, Metals, Crypto and Futures. |
| Max Allocation | Elysium Forex offers a maximum allocation of $1,000,000. |
| Max Scaling | Elysium Forex does not provide any scaling opportunities at this time. |
| Trustpilot Score | Elysium Forex has a 4.7/5 rating based on 25+ customer reviews (as of March 2026). |
Pros and Cons of Trading with Elysium Forex
Elysium Forex prop firm stands out for offering flexible challenge structures and multi-asset trading environment. The fact that it offers both Crypto and Futures challenges, in addition to traditional Forex accounts, makes it more attractive to a larger number of traders who are looking for diversification and trading flexibility. However at the same time, like other prop firms, it comes with certain limitations that traders should be aware of before making a purchase of their challenges or instant funding accounts.
| Pros | Cons |
|---|---|
| First payout available on-demand, enabling traders to access their profits fast | News trading is not allowed 3 minutes before and after major events |
| The prop firm supports multiple trading platforms including DXtrade, cTrader, and Rithmic | No scaling plan to grow account size over time is provided for the traders |
| High maximum capital allocation of up to $1,000,000 | Some challenges come with trailing drawdown which not be suitable for some traders |
| The prop firm offers multi-asset, Forex, Crypto, and Futures-specific challenges | Strict rules around prohibited trading strategies |
| Up to 90% profit split with add-on options | The bi-weekly payout add-on is available but it removes the on-demand first withdrawal feature |
Overall, Elysium Forex provides a great combination of flexibility, high profit payouts and access to different financial markets. Nevertheless, it is essential for traders to ensure their trading strategy is compatible with the Elysium Forex drawdown limits and trading restrictions before getting started.
Elysium Forex Challenge Types, Rules, Fees & Profit Split
Choosing the right challenge model is one of the most important decisions for any prop trader. At Elysium Forex, each account comes with different rules, fees and profit structures that can directly affect your risk and earning potential.
Understanding the firm’s evaluation and funded account structure is critical - as fees, drawdown type and profit targets - all of which are essential for traders’ long-term profitability. The table below gives a clear comparison of all Elysium Forex Challenge types - making it easy for traders to select an account type that most compatible with their trading strategy and risk tolerance.
Elysium Forex Account Comparison Table
| Feature | 1-Step Zeus Challenge | 2-Step Apollo Chalenge | 1-Step Crypto Challenge | 2-Step Crypto Challenge | Futures 4-Step Challenge | Instant Funding |
|---|---|---|---|---|---|---|
| Account Sizes | $5K to $400K | $5K to $400K | $5K to $200K | $5K to $200K | $25K to $150K | $5K to $100K |
| Account Fees | $45 to $3,700 | $40 to $2,465 | $45 to $1,950 | $35 to $1,999 | $285 to $1,735 | $200 to $5,000 |
| Profit Target | 10% | 8% / 5% | 9% | 6% / 9% | 9% per phase | None |
| Daily Drawdown | 5% | 5% | None | None | 5% (EOD trailing) | 5% |
| Max Drawdown | 6% (8% with add-on) | 8% (10% with add-on) | 6% | 9% | 8% | 8% (Trailing) |
| Drawdown Type | Static | Static | Static | Static | Trailing | Trailing |
| Min. Trading Days | None | None | None | None | None | None |
| Max Trading Days | None | None | None | None | 60 Days | None |
| Leverage | Up to 1:50 (Forex) | Up to 1:50 (Forex) | Up to 5:1 | Up to 5:1 | Contract-based | Up to 1:50 (Forex) |
| Consistency Rule | No | No | No | No | 25% | No |
| News Trading | Prohibited (+/- 3 min) | Prohibited (+/- 3 min) | Prohibited (+/- 3 min) | Prohibited (+/- 3 min) | Prohibited (+/- 3 min) | Prohibited (+/- 3 min) |
| Profit Split | 80% (up to 90% with add-on) | 80% (up to 90% with add-on) | 90% | 90% | 80% (up to 90% with add-on) | 80% (up to 90% with add-on) |
| Payout Frequency | 1st payout on-demand then every 30 days / Bi-weekly | 1st payout on-demand then every 30 days / Bi-weekly | 1st payout on-demand then every 30 days | 1st payout on-demand then every 30 days | Phase payouts. Once funded, 1st payout on-demand then every 30 days | 1st payout on-demand then every 30 days / Bi-weekly |
The firm regularly provides exclusive Elysium Forex discount codes and limited-time offers that helps traders to reduce the challenge fees and improve their overall risk-to-reward ratio from the beginning. Using Elysium Forex coupon codes can significantly lower the overall entry costs while maximizing potential returns.
The different types of challenge and funded accounts by the may not be suitable for every trading strategy, so reviewing the detailed breakdown of these accounts will help you select the most suitable option based on your trading strategy and experience level.
Elysium Forex 1-Step Zeus Challenge
The Elysium Forex 1-Step Zeus Challenge is designed for those traders who want to experience a quick funding process with a single profit target of 10%. Even though there is no time constraint to this challenge, the 6% static drawdown limit must be followed as breaching the Elysium Forex Drawdown rule will result in failure of challenge or immediate account termination. Below are the 1-step zeus challenge rules and fees based on the available account sizes:
Account Size | Account Fee | Profit Target (10%) | Max Daily Drawdown (5%) | Max Total Drawdown (6%; up to 8%) |
|---|---|---|---|---|
$5K | $45 | $500 | $250 | $300 |
$10K | $85 | $1,000 | $500 | $600 |
$25K | $220 | $2,500 | $1,250 | $1,500 |
$50K | $420 | $5,000 | $2,500 | $3,000 |
$75K | $640 | $7,500 | $3,750 | $4,500 |
$100K | $775 | $10,000 | $5,000 | $6,000 |
$150K | $1,250 | $15,000 | $7,500 | $9,000 |
$250K | $2,100 | $25,000 | $12,500 | $15,000 |
$400K | $3,700 | $40,000 | $20,000 | $24,000 |
Why Choose Elysium Forex 1-Step Zeus Challenge
- Fast-track funding model for quick capital access through a one-phase evaluation process
- Works best for the swing traders and intraday traders who are seeking a less restrictive trading environment
- Suitable for those traders who are confident in their trading strategy and want to grow quickly
Elysium Forex 2-Step Apollo Challenge
In the Elysium Forex 2-Step Apollo Challenge, the evaluation is divided into two phases with different profit targets. This approach is less stressful for traders as the profit targets and drawdown rules are balanced which is more suitable for consistency-based traders. Below are the rules, targets and fees of the 2-step apollo challenge based on the account sizes available:
Account Size | Account Fee | Profit Target (8% / 5%) | Max Daily Drawdown (5%) | Max Total Drawdown (8%; up to 10%) |
|---|---|---|---|---|
$5K | $40 | $400 / $250 | $250 | $400 |
$10K | $75 | $800 / $500 | $500 | $800 |
$25K | $200 | $2,000 / $1,250 | $1,250 | $2,000 |
$50K | $310 | $4,000 / $2,500 | $2,500 | $4,000 |
$75K | $465 | $6,000 / $3,750 | $3,750 | $6,000 |
$100K | $615 | $8,000 / $5,000 | $5,000 | $8,000 |
$150K | $925 | $12,000 / $7,500 | $7,500 | $12,000 |
$250K | $1,540 | $20,000 / $12,500 | $12,500 | $20,000 |
$400K | $2,465 | $32,000 / $20,000 | $20,000 | $32,000 |
Why Choose Elysium Forex 2-Step Apollo Challenge
- Lower profit targets for each phase reduces stress and increase the possibility of passing the challenge
- More balanced risk profile compared to the one-step apollo challenge
- Best suited for consistency-based traders who often focus on steady growth
Elysium Forex 1-Step Crypto Challenge
The Elysium Forex 1-Step Crypto Challenge account is designed specifically for crypto traders who are looking for high profit splits of up to 90%. This crypto challenge comes with no daily drawdown restrictions, however, the 6% overall static drawdown and daily cap limits require strict risk control from traders. The following are the rules and fees of the 1-step crypto challenge account:
Account Size | Account Fee | Profit Target (9%) | Max Daily Drawdown (None) | Max Total Drawdown (6%) |
|---|---|---|---|---|
$5K | $45 | $450 | No Limit | $300 |
$10K | $85 | $900 | No Limit | $600 |
$25K | $250 | $2,250 | No Limit | $1,500 |
$50K | $499 | $4,500 | No Limit | $3,000 |
$100K | $999 | $9,000 | No Limit | $6,000 |
$200K | $1,950 | $18,000 | No Limit | $12,000 |
Why Choose Elysium Forex 1-Step Crypto Challenge
- High profit split of up to 90% makes it an attractive option for the crypto traders
- No daily drawdown allows flexibility during volatile market conditions
- Suitable for momentum and volatility-based crypto trading strategies
Elysium Forex 2-Step Crypto Challenge
The Elysium Forex 2-Step Crypto Challenge offers a balanced approach with flexible risk parameters and high payout potential. The main risk comes from the 9% total drawdown limit, which can impact traders during volatile market conditions if breached. Below are the rules, targets and fees of the 2-step crypto challenge based on the available account sizes:
Account Size | Account Fee | Profit Target (6% / 9%) | Max Daily Drawdown (None) | Max Total Drawdown (9%) |
|---|---|---|---|---|
$5K | $35 | $300 / $450 | No Limit | $450 |
$10K | $80 | $600 / $900 | No Limit | $900 |
$25K | $199 | $1,500 / $2,250 | No Limit | $2,250 |
$50K | $399 | $3,000 / $4,500 | No Limit | $4,500 |
$100K | $899 | $6,000 / $9,000 | No Limit | $9,000 |
$200K | $1,999 | $12,000 / $18,000 | No Limit | $18,000 |
Why Choose Elysium Forex 2-Step Crypto Challenge
- Structured two-phase model that helps traders to manage risk in highly volatile crypto markets
- Higher overall drawdown provides slightly more breathing room
- Ideal for swing traders trading BTC, ETH, and major altcoins
Elysium Forex Futures (4-Step Challenge)
The Futures Challenge by Elysium Forex follows a structured 4-phase evaluation with consistency requirements. While this promotes disciplined trading, the trailing drawdown and strict rules can be challenging for inexperienced traders. Below are the rules, targets and fees of the Futures Challenge by Elysium Forex based on the account sizes available:
(Note: Drawdown is trailing, so fixed dollar value is approximate based on starting balance)
Account Size | Account Fee | Profit Target (9% per phase) | Max Daily Drawdown (5% EOD trailing) | Max Total Drawdown (8%) |
|---|---|---|---|---|
$25K | $285 | $2,250 | ~$1,250 | $2,000 |
$50K | $570 | $4,500 | ~$2,500 | $4,000 |
$100K | $1,085 | $9,000 | ~$5,000 | $8,000 |
$150K | $1,735 | $13,500 | ~$7,500 | $12,000 |
Why Choose Elysium Forex Futures Challenge
- Multi-phase structure encourages disciplined and consistent trading habits
- Access to live funded futures account after successful completion
- Best for systematic futures traders with strong risk management
Elysium Forex Instant Funding Account
The Elysium Forex Instant Funding model allows traders to skip evaluation and start trading immediately. While this provides instant access to capital, the trailing drawdown and upfront fee increase the overall risk. Below are the Elysium Forex Instant Funding rules and fees based on the available account sizes:
Account Size | Account Fee | Profit Target | Max Daily Drawdown (5%) | Max Total Drawdown (8% Trailing) |
|---|---|---|---|---|
$5K | $200 | None | $250 | ~$400 |
$10K | $400 | None | $500 | ~$800 |
$25K | $1,125 | None | $1,250 | ~$2,000 |
$50K | $2,500 | None | $2,500 | ~$4,000 |
$100K | $5,000 | None | $5,000 | ~$8,000 |
Why Choose Elysium Forex Instant Funding
- No evaluation process, which enables traders to start with a funded account instantly
- No profit targets, which eliminates the risk of over-trading or rushed performance
- Suitable for experienced traders with a proven track record and high levels of self-discipline
Our Verdict on Elysium Forex Account Types
Based on our research and analysis of Elysium Forex’s challenge models and funded account structure, we can conclude that these accounts are designed for traders with different styles, rather than following a one-size-fits-all approach. These accounts are best suited for consistent day traders, swing traders and other low-risk systematic traders who are used to managing drawdowns and understand the importance of self-discipline in different market conditions. Traders who have previously worked with other prop firms will find these accounts easy to understand and navigate.
These accounts may not be suitable for beginners who don’t have prop risk management control, over-leveraged scalpers or traders who use news-based strategies as a core part of their approach. Traders who are not used to dealing with drawdowns may find these accounts difficult to maintain and avoid the firm’s account breaches.
Elysium Forex Drawdown and News Trading Rules
It is absolutely necessary to know and understand the Elysium Forex risk rules if you want to be with Elysium Forex for a long time. The firm applies a static drawdown rule which is in general a more trader-friendly type of system as compared to a trailing one because the drawdown is still calculated from the initial account balance.
Elysium Forex Drawdown Details
The Daily Loss Limit is a figure that is worked out by using the balance of the day before and it changes at 5 PM EST. Consequently, this restriction can be thought of as a growing tower since it builds up along with your account balance. The maximum drawdown remains the same, that is, it is 6% for 1-step and 8% for 2-step (if there are no additional purchases).
Elysium Forex News Trading Details
Elysium Forex has a very tight leash on news trading. A trader shouldn't be in the act of opening or closing positions 3 minutes prior to and 3 minutes after the release of a high-impact news event. If any of these instructions are disobeyed, then the trade will be terminated and the trader will lose the profits of the trade in question.
Elysium Forex Spreads & Commissions
By partnering with GooeyTrades, Elysium Forex ensures that its traders have access to institutional-grade liquidity. The expenses are transparently integrated into trading platforms so the traders are always aware of what they pay.
- Elysium Forex Spreads: Target spreads are raw and very competitive with the lowest spreads starting from 0.0 pips on major pairs like EUR/USD.
- Elysium Forex Commissions: Commission structures are in line with GooeyTrade product specifications which are standards for the industry.
- Max Lot Size: There are no hard limits on lot sizes; however, trades are limited by the available margin and leverage.
Trading Instruments offered by Elysium Forex
To provide a complete repertoire of strategies to its traders, Elysium Forex has made sure to provide a long list of,
- Forex: All major, minor and exotic currency pairs.
- Metals: Gold (XAUUSD) and Silver (XAGUSD).
- Crypto: Top liquidity coins such as Bitcoin and Ethereum (offered on separate crypto accounts).
- Futures: Professionally traded futures can be accessed via the Rithmic platform.
Elysium Forex Trading Rules
Elysium Forex achieves a compromise of flexibility and security by permitting modern trading tools while not allowing high-frequency trading in the system. Here is a quick overview of Elysium Forex rules:
Trading Strategy | Allowed or Not | Details |
|---|---|---|
EA / Robots | Allowed | Must be your own or uniquely configured. |
Copy Trading | Allowed | You may copy your own trades; no external signals. |
News Trading | Not Allowed | Restricted +/- 3 mins during events. |
Weekend Holding | Allowed | Holding positions over the weekend is permitted. |
HFT | Not Allowed | High-Frequency Trading is strictly prohibited. |
Elysium Forex Prohibited Practices
- One of these is Overleveraging so as to be able to pass a challenge with just a single trade.
- Besides, there is the option to imitate the trades of other traders within the firm thereby copying their trades.
- Arbitrage trading (latency or cross-platform) is another practice that is forbidden by rules. Besides, using challenge-passing services is another one of them. Finally, there is the Scaling Plan at Elysium Forex
- Currently, there is no official plan for scaling at Elysium Forex. Pursuant to this, traders are only restricted to the initial size of their account and the maximum allocation of $1,000,000 that can be shared among several accounts. The firm, while putting the emphasis on a high initial capital, sees the lack of a growth-based scaling model as a matter for future.
Payment Methods & Payout Process at Elysium Forex
Elysium Forex focuses on efficiency and modern financial tools to ensure traders get paid quickly.
- Elysium Forex Payment Methods: Challenges can be bought through Credit/Debit Cards, Crypto or PayPal.
- Elysium Forex Payout Options: Withdrawals are done through Rise or via Crypto.
- Elysium Forex Payout Process: You can get your very first payout whenever you want without a minimum profit condition. Other payouts are made every 30 days or every 14 days in case the Bi-weekly add-on has been bought.
Countries Restricted at Elysium Forex
Elysium Forex is open to traders from almost any part of the world, but they still have to comply with international compliance laws.
Elysium Forex Restricted Countries:
- Countries that are on the OFAC list (for example, Iran, North Korea, Syria and Cuba).
- Areas that are under heavy sanctions (for example, Crimea, Donetsk, Luhansk).
Our Final Verdict on Elysium Forex
Elysium Forex is a solid new player in 2025 space, with a wide range of platforms including DXtrade and cTrader. One layer of trust and exposure that many traders are looking for is the firm’s static drawdown model and the "On Demand" option for the first payouts. Although there are some disadvantages such as the news trading restrictions and the absence of a scaling plan which may be a problem for some, the traders can utilize the $1,000,000 max allocation and also take advantage of the Futures and Crypto challenges, which in turn, make the firm a first-class choice for versatile traders.