Leeloo Trading Review 2024

Leeloo Trading

Leeloo Trading is a proprietary firm specialising in funded accounts in the futures market. This prop firm is ideal for driven and motivated traders that are looking to improve their skills. They are very reputable and well known in the industry.

In this Leeloo Trading review, we will provide insight on the firm’s background, operational processes and notable features. This review will help traders determine if Leeloo Trading is the right firm for them. 

By the end, you’ll have the necessary insights to decide if Leeloo Trading is the prop firm that aligns with your needs. You will gain a deeper understanding of its offerings and make an informed decision about your futures trading journey.

This review will provide the necessary information needed for traders to determine if this firm is the right fit for them. Each trader has specific trading styles and goals. We will dive deep into the structure and offerings of the firm, providing traders with the information they need  to make an informed decision on their futures trading career.

Leeloo Trading was founded by Jody Dahl. Jody Dahl is an investor and entrepreneur. This firm is one of the most desirable futures trading platforms. It specialises in offering funded accounts designed specifically to cater to different trading sizes and styles. Each trader is provided the opportunity to design an account that aligns with their trading preferences and budget.

While most firms provide users with a range of assets, Leeloo Trading focuses solely on futures trading. Leeloo Trading takes pride in the fact that they provide specialised support and resources to traders in the field of futures trading. The goal of this firm is to inspire and empower experienced traders. They offer fully funded accounts to traders which leads them to engage with the market with confidence and without risking their own capital.

Every trading account provided by Leeloo has different rules and buying power. Below are the standard accounts available to all traders.

  • Express Account
  • Aspire Account
  • Launch Account
  • Climb Account
  • Cruise Account
  • Burst Account
  • Explode Account
  • Glide (Micro) Account

Below is a breakdown of each funded account provided by Leeloo Trading.

Leeloo Trading provides users with unique features that stand out from other firms. Below we will break down the differences.

Up to 90-100% Profit Split: Leeloo Trading offers a unique profit sharing system to users. Traders retain 100% of their profits from their initial investment of $8,000. Traders get to keep 80% profit the following year. Traders are eligible to keep 90% thereafter. The fact that traders can keep a 90% profit split makes Leeloo Trading highly competitive and desirable to traders.

Simulated Trading Available: Leeloo Trading goes the extra mile by offering a valuable educational tool – simulated trading. With Leeloo’s proprietary platform, you can test your trading skills and strategies using simulated money. This feature allows you to gain practical experience in the market without risking real capital.

Simulated Trading Available: Leeloo Trading provides traders with an exceptional educational tool; simulated trading. Traders have the ability to test their trading skills and strategies using a simulated platform with simulated currency. This unique feature provides traders with the opportunity to gain experience and try out their strategies without risking any actual money.

Skill Development: Leeloo Trading is designed to provide traders with the chance to strengthen their skills while advancing their knowledge in the field. The firm has set up a proprietary evaluation and funding program where traders can demonstrate their skills which can lead to the access of increased capital. Leeloo Trading includes real time market simulations, performance tracking and personalised feedback to users. They provide traders with an environment that supports them as they develop their strategies and develop stronger decision making skills.

Reduced Financial Risk: One of Leeloo Tradings biggest strengths is their ability to mitigate financial risk. Typically traditional trading requires substantial capital investments which puts traders at a greater risk of capital loss. Leeloo Trading users can gain access to capital without requiring them to risk their own money. There is an evaluation process put in place to qualify traders through their skills in the field. Based on this evaluation process, Leeloo Funding determines how much funding they will provide to traders. This reduces the risk for all parties involved.

Relaxed Trading Conditions: Leeloo Trading provides all types of traders with flexible trading rules. There are no daily drawdowns and traders are able to hold positions over the weekends, holidays and news days.These flexible features make this firm a desirable choice especially for swing traders who typically require more time to execute their strategies. There is no maximum trading period allowing traders the freedom to trade on their own terms and without time constraints. 

Convenient Leeloo App: Leeloo Trading offers a mobile app to all traders, making it very convenient and allowing users to trade from anywhere. The app enables users to track trading progress, access contests and close trade deals at the click of a button. This app is very beneficial to traders who are constantly on the go, it creates accessibility and flexibility to them.

Leeloo Loyalty Program: Leeloo Trading set up the Leeloo Loyalty Program to reward loyal and successful traders. Traders can earn credits through subscription package purchases. These credits result in desirable benefits for the user such as free resets and a free express practice account.

Free Trial for New Members: Leeloo Trading has an impressive 14 day free trial period for their practice accounts. Traders can gain the ability to open up to 12 maximum contracts and access  $100,000 virtual balance. This risk free trial is very beneficial to traders because it allows them to explore the Leeloo platform before committing to it. This removes the risk of traders possibly losing their own capital while familiarising themselves with the platform.

Leeloo Trading offers various funded account options. They provide options for traders of all budgets and experience making it a desirable option for many. This prop firm provides traders with flexible pricing plans starting from as low as $25,000. All traders have the ability to grow and expand leading them to acquire higher funding in the future.

Leeloo Trading offers a variety of  accounts such as Foundation, Leeloo Bundle (LB), Entry and Weekly accounts. While most accounts require a recurring monthly fee, each account has its own fee structure. The Express Account is the only one without a monthly fee. If by chance a user does not pass the evaluation, the account can be reset for a fee of $85.

Leeloo Trading offers two weekly accounts where traders can be eligible for weekly payouts. If a trader qualifies for a weekly account, they have the option of either $25,000 or $50,000 as an initial balance.

Leeloo Trading provides traders with a 10 day minimum trading day requirement and various account choices. This proprietary firm has the capabilities to support traders of all levels as well as various trading styles and strategies.

Leeloo Trading‘s profit payout rules vary based on whether you are in an Accelerator or Investor account. Withdrawals are processed once a month. Leeloo’s payouts always occur on the 15th of the month and usually take about 5 working days to clear. This means that if a payment occurs after the 15th of the current month, it will carry over to the next month, therefore, make sure to always submit your withdrawal requests on time.

Profits are collected by bank check, bank transfer or PayPal. There are no fees for withdrawals. However, PayPal withdrawals are limited to a maximum of $2,000.

All accounts come with a free NinjaTrader SIM license key.

Additionally, Leeloo Trading supports the world’s leading futures trading platforms which includes:

  • Bookmap
  • NinjaTrader 7 and 8
  • Rithmic Pro (free access)
  • Motive Wave
  • Multicharts
  • ATAS
  • Jigsaw Daytradr
  • VolFix
  • Investor/RT
  • Sierra Charts 
  • OptimusFLOW

Now that you’ve heard the good, the bad, and the ugly of trading with Leeloo, you may be ready to sign up for an account or look at other options.

  • Large profit split
  • Flexible trading rules
  • Suitable for various trading styles
  • Leeloo Trading Mobile app 
  • Takes part in trading competitions 
  • Variety of funded account options 
  • Free 14 day trial
  • 10 day evaluation period
  • No live customer service chat
  • Futures trading only 
  • No dedicated Discord channel 

Leeloo Trading is a reputable proprietary firm that offers futures traders with desirable funded account opportunities. They provide traders with highly competitive profit splits and have a stellar reputation to back them up. Leeloo Trading has set in place a convenient mobile app that is user friendly. This is beneficial as it provides users with the flexibility to be able to trade from anywhere.

Leeloo Trading allows users free trials which helps them gain the confidence needed without risking any capital. Traders are given the opportunity to learn and become familiar with the platform prior to investing their own money. If you are a trader that is interested in Leeloo Trading, please click on the logo below to visit their website and take the next steps towards your futures trading career.

Please refer to the following pages of our website to read about similar other Prop Firms leading the industry such as: FXIFY Review

  1. Choose the practice account of your choice, i.e. $25k Aspire (3 contracts), $50k Launch (8 contracts), etc.
  2. Click “Buy Now” (Make sure you sign up with your full name exactly as it reads on your government issued identification; do not use a fake name or a nickname; if you qualify for a PA, you must submit government issued identification)
  3. Follow the steps to purchase the practice account and create an account with Leeloo Trading
  4. Once payment is complete, your account will be created. Please allow up to 15 minutes to receive an email containing your credentials.
  5. A video tutorial is available here

Once you qualify for a Performance Account, there are two options available.

  1. The monthly subscription is $88 per month per Performance Account
  2. The one-time fee is $250 per Performance Account

Trading frequency must be carefully considered when deciding between the monthly subscription and the one-time fee.
The one-time fee is designed for active traders that will trade their Performance Account a minimum of 12 trading days each calendar month. Deliberately placing minimal trades only to count as a trading day or keep a near-depleted account active, is not permissible.

  1. Meet your Profit Target while Managing Risk (do not let your account meet the drawdown).
  2. Trade for a minimum of 10 active U.S. Traded days.
    Check your traded days by downloading the Leeloo mobile app…
    Get the Leeloo App for Apple Ios Get the Leeloo App for Android

Yes. Traders are allowed to maintain multiple practice and Performance Accounts simultaneously.

Traders are only allowed one Rithmic ID. When purchasing additional practice accounts, make sure to login with your Leeloo account credentials. This ensures all your accounts are associated with the same Rithmic ID.

FIND OUT MORE

Trading Rules for Performance Accounts (PA)

What are the key rules for Performance Accounts?

1. 30% Rule: Daily profits in a PA should not exceed 30% of the net profit from the initial starting balance, promoting responsible risk management and consistent trading growth.

2. No Flipping Policy: Engaging in trades just to meet minimum activity requirements is discouraged. In PAs, less than 5% of trading days should be ‘flipping’ days.

Read more here: https://support.leelootrading.com/kb/a190/understanding-the-30-rule-for-performance-accounts.aspx

3. Don’t reach the Max drawdown.

Definition: The Limited Trailing Minimum Account Balance (LTMAB) or Auto Liquidate Threshold Value (ALTV) is a rising trailing max drawdown that tracks your open equity intra-trade, based on the unrealized highest profit point in your Practice Account.

Max Drawdown Example: For an 8 contract account, the assigned max drawdown might be $2,500.

Operation: This limit trails your highest unrealized profit throughout the Practice Account’s life. If this threshold is met, your position will automatically liquidate, resulting in the loss of the Performance Account.

Consequences of Meeting LTMAB/ALTV:

Auto Liquidation: Upon reaching the LTMAB/ALTV, you’ll see a message indicating restricted trading, with only administrators able to place orders.

Read more: https://support.leelootrading.com/kb/a44/rising-trailing-max-drawdown-explained.aspx

4. Don’t hold more than 3 micros at the close of the market.

Up to 3 micros can be held through close without permission. For standard lots or more than 3 micros, admin approval is required, with sufficient profit to cover Maintenance Margin.

Unapproved holding of more than 3 micros can result in account closure and loss of balance.

Trades must be flat 15 minutes before market close, unless admin permission is granted.

Read more: https://support.leelootrading.com/kb/a103/2_-holding-positions-during-the-close.aspx

5. Do not copy trade another user, to not have another user trade your account.

6. No SIM Abuse allowed.

We are always looking for ways to help our traders save.

To get the latest information, subscribe to our YouTube Channel and follow us on FacebookInstagramTwitterChris CEO on TwitterDiscordStockTwits! Also, when you sign up for a practice account, you also have the option to Opt-in to receive our emails – this is the best way to find out the latest promos we are running.

Watch this video to learn about even more Leeloo Offerings.

If you are new to Leeloo™, contact us and let us know so we can give you something special…

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