Incorporated in June 2022, Leveled Up Society is a proprietary trading firm based in Florida, United States at 1001 Brickell Bay Dr #2700h, Miami, FL 33131. The firm provides traders with the opportunity to secure funding and trade with capital up to $200,000, while also offering industry leading trading conditions and profit shares of up to 90%. They are seeking to provide dedicated, experienced traders with the chance to trade with their capital and earn greater profits. Leveled Up Society require their traders to pass an evaluation phase, in which they are given a demo account with virtual funds to trade while the firm monitors their trading abilities and performance. Traders can become funded by successfully completing either a one- or two-stage evaluation process, demonstrating that they can adequately manage risk. This can be achieved through trading a variety of financial instruments including forex pairs, commodities, cryptocurrencies, and indices.
With Leveled Up Society traders can choose from two different funded programs:
One-Phase Evaluation Challenge
Two-Phase Evaluation Challenge
Leveled Up Society’s One-Phase Challenge account identifies able, disciplined traders whose consistency and risk management skills are rewarded in a one-phase evaluation period. The One-Phase Challenge account offers traders a leverage of 1:30.
Account Size | Pricing |
$10,000 | $109 |
$25,000 | $209 |
$50,000 | $309 |
$100,000 | $519 |
$200,000 | $979 |
With the One-Phase Evaluation Challenge Account, traders are required to achieve a 10% profit target and adhere to 3.5% maximum daily and 6% maximum trailing loss rules. Traders can trade for an unlimited period and are just required to achieve the profit target without any minimum trading day requirements.
Once traders have successfully completed the One-Phase Challenge, they are given a funded trading account without any profit targets. Traders are just required to stick to the 3.5% maximum daily and 6% maximum trailing loss rules. Their first profit share is 80%, based on the profits made during the 30 calendar days after they placed their first trade on their funded account. Traders can then request payouts twice weekly.
Once traders have traded profitably for two consecutive months with Leveled Up Society, they will be invited to join the firm’s scaling plan, offering potential for further growth.
The tradable assets for the One-Phase Challenge are forex pairs, indices, commodities, and cryptocurrencies.
Trading period:
The trading period is unlimited – challenges have unlimited days, but if your account is inactive for more than 65 days, it will be disabled. To create a new account, you need to get in touch with customer support.
Minimum trading:
One day. There are no minimum trading day requirements for any account. However, if your account is inactive for more than 65 days, it will be disabled. To create a new account, you need to get in touch with customer support.
Maximum daily loss:
The maximum daily loss for all account sizes is 3.5%.
Maximum drawdown:
The maximum trailing drawdown for all account sizes is 6%.
Profit target:
The profit target for the evaluation period is 8%, and the funded account has no profit targets.
No news trading:
Traders are not permitted to trade during high-impact news releases. They are also prevented from opening and closing any trade two minutes before and after the news.
Refundable fee:
The refundable fee depends on the size of the account.
No martingale allowed:
Traders are not allowed to use any type of martingale strategy while trading.
Third-party copy trading risk:
Traders intending to use copy trading services need to be aware that by doing so, they risk using the same strategy as another trader, meaning they might be denied a funded account or withdrawal if they surpass the maximum capital allocation rule.
Third-party EA risk:
Again, traders intending to use an EA should be aware that this may result in them using the same strategy as another trader, meaning they might be denied a funded account or withdrawal
if they surpass the maximum capital allocation rule.
Leveled Up Society’s Two-Phase Challenge account identifies able, disciplined traders whose consistency and risk management skills are rewarded in a two-phase evaluation. The Two-Phase Challenge account offers traders a leverage of 1:100.
Account Size | Pricing |
$10,000 | $89 |
$25,000 | $149 |
$50,000 | $269 |
$100,000 | $539 |
$200,000 | $1,069 |
The first evaluation phase requires traders to achieve an 8% profit target without exceeding 5% maximum daily loss and 8% maximum loss rules. Traders need to achieve their profit target within 30 calendar days of placing their first trade on the evaluation account. They must also trade for a minimum of five calendar days to be able to progress to the second phase of the evaluation challenge.
Once traders have successfully completed both evaluation phases, they are given a funded trading account without any profit targets. Traders just need to adhere to the 5% maximum daily loss and 8% maximum drawdown rules. The first profit share is 80%, based on the profits made during the 30 calendar days after they placed their first trade on their funded account. Payouts can thereafter be requested twice weekly.
Once traders have traded profitably for two consecutive months with Leveled Up Society, they will be invited to join the firm’s scaling plan, offering potential for further growth.
The tradable assets for the Two-Phase Challenge are forex pairs, indices, commodities, and cryptocurrencies.
Trading period:
The trading period is unlimited – challenges have unlimited days, but if your account is inactive for more than 65 days, it will be disabled. To create a new account, you need to get in touch with customer support.
Minimum trading:
Both phases have a five-day minimum trading day requirement.
Maximum daily loss:
The maximum daily loss for all account sizes is 5%.
Maximum drawdown:
The maximum trailing drawdown for all account sizes is 8%.
Profit target:
The first phase has a profit target of 8% while the second phase has a profit target of 5%. Funded trading accounts have no profit targets.
No news trading:
Traders are prevented from opening and closing any trade two minutes before and after the news.
Refundable fee:
The refundable fee depends on the size of the account.
No martingale allowed:
Traders are not allowed to use any type of martingale strategy while trading.
Third-party copy trading risk:
Traders intending to use copy trading services need to be aware that by doing so, they risk using the same strategy as another trader, meaning they might be denied a funded account or withdrawal if they surpass the maximum capital allocation rule.
Third-party EA risk:
Again, traders intending to use an EA should be aware that this may result in them using the same strategy as another trader, meaning they might be denied a funded account or withdrawal
if they surpass the maximum capital allocation rule.
Leveled Up Society distinguishes itself from the majority of leading prop firms by providing two different funded programs: the One-Phase Challenge and the Two-Phase Challenge. Furthermore, the firm offers fairly flexible trading rules. News-driven trading is restricted but traders are granted the freedom of holding trades overnight and throughout weekends.
In comparison to other prop trading firms, Leveled Up Society’s One-Phase Challenge requires traders to complete a one phase evaluation before they are eligible for a funded trading account. The program has an 8% profit target and 3.5% maximum daily and 6% maximum trailing loss requirements. Notably, there are no constraints regarding minimum or maximum trading days during the evaluation period, and the challenge also features a scaling plan. Trading rules are flexible, with an unlimited trading period.
Leveled Up Society also offers a Two-Phase Challenge, requiring traders to successfully complete two stages before they qualify for a funded trading account. The profit target for the first phase is 8% and for the second 5%, with 5% maximum daily and 8% maximum loss rules. Traders need to trade for a minimum of five days for each phase before they become funded. Two-Phase Challenge accounts also have a scaling plan, and relatively low profit targets in comparison to those offered elsewhere in the prop trading industry.
In conclusion, Leveled Up Society effectively differentiate themselves from their competitors by providing two different funded programs, both with adaptable trading rules. The restriction on news-driven trading is balanced by the freedom granted to traders in holding positions overnight and during weekends.
Examining how realistic a prop trading firm’s trading requirements are is important. A prop firm offering a high profit share on a significantly sized funded account sounds appealing, but if they expect high percentage profits each month with low maximum drawdowns, the likelihood of successfully completing challenges is very small.
Leveled Up Society’s average profit target (8%) for the One-Phase Challenge accounts in combination with average maximum loss rules (3% maximum daily and 6% maximum trailing loss) mean that receiving a funded account is realistic.
It’s also realistic to expect traders to achieve funding from the Two-Phase Challenge accounts, as they have reasonable profit targets of 8% in the first phase and 5% in the second, and lower than average maximum loss rules (5% maximum daily and 8% maximum loss).
Taking all this into account, we believe Leveled Up Society is a first-rate prop firm in terms of becoming a funded trader, as there are two different funded programs from which to choose, both of which have flexible and realistic trading requirements in addition to very fair payout conditions.
Leveled Up Society partners with the award-winning Eightcap as their broker, who are regulated by ASIC and based in Melbourne, Australia. Founded in 2009 with the simple aim of providing industry leading spreads and commissions for traders, the broker has five offices worldwide and regulations in a range of locations. This enables them to provide customers globally with the ability to trade on markets across CFDs, on forex, cryptocurrencies, shares, commodities and indices. Traders benefit from access to over a thousand markets, including more than a hundred crypto derivatives, 350 plus Australian, UK, US and European shares, and over 40 major and minor forex pairs.
Eightcap offers two account types: Raw and Standard. Commissions and fees are dependent on which account you choose. Fees are built into a spread for Standard accounts, whereas for Raw accounts the fees are built into a commission. Traders also need to consider the overnight fee, an interest fee for holding an open trading position overnight.
The broker provides an accessible and customisable trading interface with both MetaTrader 4 and the newer MetaTrader 5 platforms. These well-designed platforms use advanced technology to offer committed traders a personalised and seamless trading experience.
- Once traders have completed the challenge and become funded, partners of Leveled Up Society trade with standard conditions, placing trades and earning profits.
- Traders can request their first withdrawal 30 calendar days after the start of their funding stage, doing so by submitting requests via technical support.
- Traders working with Leveled Up Society can withdraw any earned amount at their own discretion – there is no minimum or maximum limit.
- The application is processed over the course of several days, with progress displayed in the user account.
- Traders must wait 14 days after submitting an application to submit another.
- There are a range of withdrawal channels available, including bank cards, e-wallets and crypto wallets.
While educational resources and mentorship are not featured on the Leveled Up Society website, the firm compensates with its well organised and intuitive dashboard. This dashboard is accessible to all traders, enhancing risk management and consolidating trading goals and performance metrics in one convenient place.
Traders looking for more information should visit Leveled Up Society’s FAQ page and can also contact the firm’s support team on social media or by email at support@leveledupsociety.com. The company also has a live chat support team accessible from their website and available for 24 hours from Monday to Friday, aiming to support dedicated traders and boost their confidence.
- There are no obligatory profit targets. Traders just need to monitor the drawdown
- There are a range of withdrawal channels available, including bank cards, e-wallets, and crypto wallets.
- Once traders have completed the challenge, they receive up to $200,000 on their account
- Scaling of up to $1,000,000 is available
- Traders can repeat the evaluation for free an unlimited number of times
- 80 – 90% profit share
- Twice weekly payouts
- Overnight and weekend holding is permitted
- Leverage of up to 1:100
- A wide range of trading instruments are available – forex pairs, commodities, cryptocurrencies and indices
- Leveled Up Society has no call centre, so technical support can only be accessed by email or live chat
- Trailing drawdown on one-step challenge accounts
- Traders are not allowed to use any type of martingale strategy
- Trading the news is restricted
To conclude, Leveled Up Society is a legitimate prop trading firm offering traders the opportunity to choose from two different funding programs, the One-Phase Challenge, and the Two-Phase Challenge. They also have fairly flexible trading rules, without any minimum trading day requirements and permitting traders to hold trades overnight and during weekends. The One-Phase Challenge requires traders to successfully complete a one-stage evaluation before qualifying for funding and being able to earn profits, with a realistic profit target of 8% to achieve and 3.5% maximum daily drawdown and 6% maximum trailing drawdown rules. Through this challenge, traders can earn a profit share of up to 90% and also scale their accounts.
Adhering to an industry-standard format, the Two-Phase challenge requires traders to successfully complete two distinct evaluation phases before they qualify for funding and are able to earn profits. Traders need to achieve profit targets of 8% in the first phase and 5% in the second, which are realistic trading goals given the 5% maximum daily and 8% maximum loss rules. Through this challenge, traders can earn a profit share of up to 80% and also scale their accounts.
Overall, our assessment underscores the potential of Leveled Up Society to become a prominent player in the prop trading industry. We therefore recommend the firm to traders of all experience levels seeking a reputable prop firm with realistic trading goals and first-rate trading conditions.
