Leeloo Trading Review

Leeloo Trading is a well-known prop trading firm from the United States.

But is Leeloo Trading a scam?

No, it isn’t!

Our review and experience show that Leeloo Trading is a safe proprietary trading firm.

Sign up with Leeloo Trading now!

You can share your experiences with Leeloo Trading within our comment section.

Key Takeaways

• Leeloo Trading is a legit prop firm that has a generous profit-sharing structure. You keep 100% of your profits up to the first $12,500 and after that, profits are split 90/10
• You can trade on multiple accounts (up to 10) Their bundle account options are like buy one, get three deal. And you get to keep the one that passes. This is a cost-effective way to get funded
• Our Leeloo review digs deeper into factors such as the evaluation process, fees, platform features, and customer support. We’ll help you weigh the pros and cons to see if Leeloo is worth trying out

About Leeloo Trading

Leeloo Trading is a U.S. based prop trading firm founded in 2019 by Jody Dahl. Led by CEO Chris, this company offers a supportive community for traders to test their skills in a simulated market.

As indicated by our tests, people worldwide trust Leeloo, from the US and Canada to Europe and South America. On Trustpilot, it has an excellent rating of 4.6 out of 5 stars. This goes to show that users who have used this platform have had a very positive experience.

Safety and Regulation

Leeloo Trading operates as a trading platform that offers funded accounts to traders and is not regulated by financial authorities like standard brokers.

They don’t handle your actual money during practice, so there’s no risk of losing your own funds on their platform. You are only paying a small monthly fee to use their accounts.

However, Natural Trading LLC, the legal operator behind Leeloo Trading, is a registered company and is compliant with all state and federal laws in the US.

Accepted Countries

To comply with international regulations and sanctions, Leeloo does not offer services to all countries.

This is because some countries have sanctions due to terrorism, conflict, or human rights issues. Check out this list below to see if you can register or not:

• Australia: Yes, registration is possible
• Canada: Yes, registration is possible
• Ghana: Yes, registration is possible
• Hong Kong: Yes, registration is possible
• India: Yes, registration is possible
• Ireland: Yes, registration is possible
• Kenya: Yes, registration is possible
• New Zealand: Yes, registration is possible
• Nigeria: Yes, registration is possible
• Pakistan: Yes, registration is possible
• Philippines: Yes, registration is possible
• Singapore: Yes, registration is possible
• South Africa: Yes, registration is possible
• United Kingdom: Yes, registration is possible
• United States: Yes, registration is possible

Evaluation Process

Leeloo Trading offers several options to get a funded account. Under each category, you will find accounts with different starting capital sizes. The option you choose determines how much virtual capital you’ll start with to trade.

• Foundation Accounts
• Bundle Accounts
• Entry Accounts
• Weekly Accounts

Foundation Accounts

Leeloo’s foundation accounts come in various sizes, ranging from $25,000 to $300,000. Note that the express account is only valid for 14 calendar days. See the details below and choose the one that fits your comfort level.

Bundle Accounts

Leeloo Bundle Accounts are a cost-effective option. You get 3 practice accounts for the price of one, but only one can be used to qualify for a funded account. The bundle accounts have a 30-day expiration date and cannot be renewed automatically.

Entry Accounts

These entry accounts are budget-friendly options for beginners or those on a tighter budget. They offer lower monthly fees and a limited payout structure.

Weekly Accounts

Leeloo’s Weekly Accounts are a unique option. You need to trade for 10 days initially and then 4 days between payout requests. Unlike other accounts, payouts are made on Saturdays, so you don’t have to wait until the month’s end.

Challenge Trading Rules

To pass their trader evaluation program, these are the challenges trading rules that you need to adhere to:

• Profit Target
• Profit Split
• Trading Period
• Minimum Trading Days
• Maximum Daily Loss
• Maximum Loss
• Maximum Position Size
• Maximum Capital Allocation and Multiple Accounts
• Trading Types
• Leverage
• Trading Style
• Trading Hours
• News Trading
• Weekend and Overnight Trading
• Expert Advisor
• Copy Trading

Profit Target

To pass the evaluation and qualify for a funded account, you’ll need to reach a specific profit target. It varies depending on the account type you choose.

Foundation Accounts:

• Kickstart = $4,500
• Leeloo Express = $6,000
• Aspire = $1,500
• Launch = $3,000
• Climb = $6,000
• Cruise = $9,000
• Burst = $15,000
• Explode = $20,000
• Glide | Micro = $2,000

Bundle Accounts:

• LB Bundle Aspire = $1,500
• LB Bundle Launch = $3,000
• LB Bundle Climb = $6,000
• LB Bundle Burst = $15,000
• LB Bundle Cruise = $9,000
• LB Bundle Explode = $20,000

Entry Accounts:

• LE Aspire = $1,500
• LE Launch = $3,000
• LE Climb = $6,000
• LE Cruise = $9,000
• LE Burst = $15,000
• LE Explode = $20,000
• LE Glide Micro = $2,000

Weekly Accounts:

• Aspire WK = $1,500
• Launch WK = $3,000

Profit Split

Leeloo’s profit split is 90/10. However, you keep all your profits up to $12,500. After that, you get 90% of any additional profits you make.

Trading Period

You can trade for as long as you want. There’s no limit on the number of days you can use to reach your profit target.

Minimum Trading Days

To qualify for a funded account at Leeloo, you need to not only reach a certain profit goal but also trade on at least 10 active US trading days.

Maximum Daily Loss

Leeloo doesn’t have any daily loss limit. Instead, this prop firm has a different safety net called a trailing drawdown. See the next section for more information.

Maximum Loss

The trailing drawdown limit depends on the account balance. If your account value falls below this limit, your trade will be automatically stopped to prevent further loss. Static drawdown only applies to their Glide | Micro account. Here are the maximum loss limits of all of their account sizes:

Foundation Accounts:

• Kickstart = $2750
• Leeloo Express = $3,000
• Aspire = $1,500
• Launch = $2,500
• Climb = $3,000
• Cruise = $5,000
• Burst = $6,500
• Explode = $7,500
• Glide | Micro = $625

Bundle Accounts:

• LB Bundle Aspire = $1,500
• LB Bundle Launch = $2,500
• LB Bundle Climb = $3,000
• LB Bundle Burst = $6,500
• LB Bundle Cruise = $5,000
• LB Bundle Explode = $7,500

Entry Accounts:

• LE Aspire = $1,500
• LE Launch = $2,500
• LE Climb = $3,000
• LE Cruise = $5,000
• LE Burst = $6,500
• LE Explode = $7,500
• LE Glide Micro = $625

Weekly Accounts:

• Aspire WK = $1,500
• Launch WK = $2,500

Maximum Position Size

There is a limit to the number of contracts you can hold at once. This applies to standard lot contracts.

Leeloo also offers micro contracts which allow you to trade ten times the number of contracts compared to the standard limit for your account. The maximus position size for each account are as follows:

Foundation Accounts:

• Kickstart = 10 minis | 100 micros
• Leeloo Express = 12 minis | 120 micros
• Aspire = 3 minis | 30 micros
• Launch = 8 minis | 80 micros
• Climb = 12 minis | 120 micros
• Cruise = 15 minis | 150 micros
• Burst = 25 minis | 250 micros
• Explode = 30 minis | 300 micros
• Glide | Micro = 2 minis | 20 micros

Bundle Accounts:

• LB Bundle Aspire = 3 minis | 30 micros
• LB Bundle Launch = 8 minis | 80 micros
• LB Bundle Climb = 12 minis | 120 micros
• LB Bundle Burst = 25 minis | 250 micros
• LB Bundle Cruise = 15 minis | 150 micros
• LB Bundle Explode = 30 minis | 300 micros

Entry Accounts:

• LE Aspire = 3 minis | 30 micros
• LE Launch = 8 minis | 80 micros
• LE Climb = 12 minis | 120 micros
• LE Cruise = 15 minis | 150 micros
• LE Burst = 25 minis | 250 micros
• LE Explode = 30 minis | 300 micros
• LE Glide Micro = 2 minis | 20 micros

Weekly Accounts:

• Aspire WK = 3 minis | 30 micros
• Launch WK = 8 minis | 80 micros

Maximum Capital Allocation and Multiple Accounts

Leeloo offers a fixed amount of capital for your funded account. And this will be the maximum you can trade with. Unlike some prop firms, Leeloo doesn’t have a system to increase your capital allocation over time.

That being said, you are allowed to have multiple accounts at the same time, including both practice and live (Performance) accounts. Note that all accounts will be linked to a single Rithmic ID. Leeloo limits the number of concurrent accounts under one Rithmic ID to 10.

Trading Types

Leeloo provides access to major exchanges including CBOT, CME, COMEX, and NYMEX. This allows you to trade a variety of instruments like currencies, agricultural products, and metals. You cannot trade forex since Leeloo focuses solely on futures.

Leverage

Leeloo Trading does not offer any leverage. Mainly because this prop firm focuses on futures contracts, which are already a leveraged product. Adding further leverage could be excessively risky. In addition, traders are allowed to trade full contracts.

Trading Style

Leeloo offers a flexible trading environment for traders. You can day trade for quick in-and-out positions or hold them for longer swings to capture larger trends.

Trading Hours

Leeloo’s market hours follow the futures markets. These markets generally open for electronic trading weekdays at 4:00 pm ET with a main session at 5:00 pm ET. Closing times vary by product, but most close at 5:00 pm ET.

News Trading

Leeloo allows news trading. You can also trade on holidays.

Weekend and Overnight Trading

Leeloo’s challenge rules don’t mention restrictions on weekend or overnight trading. If you intend to trade primarily on weekends or overnight, we suggest you contact their support team.

Expert Advisor

You are not allowed to use any third-party EAs or any automated trading tools. All trades must be initiated and executed manually by the trader themselves.

Copy Trading

Leeloo doesn’t allow direct copy trading where you automatically copy others.

Trading Platforms

You can use a variety of trading platforms that are compatible with Rithmic data. Here’s a list of compatible platforms:

• ATAS
• Bookmap X-Ray
• EdgeProX (Mac, Windows, Linux)
• Investor/RT (Linnsoft)
• Jigsaw Daytradr
• Motive Wave (Mac, Windows, Linux)
• Multicharts
• Ninjatrader 7 (SIM license key provided by Leeloo)
• Ninjatrader 8 (SIM license key provided by Leeloo)
• OptimusFLOW
• Rithmic Pro (Free access)
• Sierra Charts
• Trade Navigator
• VolFix
• Web-based platform (https://www.finamarksys.com/)

Trading Instruments

Leeloo offers a wide range of futures contracts to trade across various asset classes. Here’s a list of the instrument categories:

Equity Indices:

• ES
• NKD
• NQ
• YM
• EMD
• RTY

Cryptocurrencies:

• Bitcoin (BTC)
• Ethereum (ETH)
• Micro Bitcoin (MBT)

Agricultural:

• HE
• LE
• GF
• ZC
• XC
• ZW
• ZS
• ZM
• ZO
• ZR

Currency:

• 6A
• 6B
• 6C
• 6E
• 6J
• 6S
• 6N
• 6M

Interest Rate:

• ZT
• ZF
• ZN
• ZB
• ZQ
• UB

Micro:

• MES
• MYM
• MNQ
• M2K
• MCL
• MBT
• MGC
• M6A
• M6B
• M6E
• MCD
• 2YR
• 5YR
• 10YR
• 30YR

Metal:

• GC
• SI
• HG
• PL
• PA
• QI
• QO

Energy:

• CL
• HO
• QM
• NG
• QG
• RB

We listed Leeloo Trading in the Top 3 Futures Prop Trading Firms.

Brokers

Leeloo Trading lets you trade futures, but they’re not your typical broker. Instead, they work behind the scenes with one or more liquidity providers. And there is no information about their broker partners anywhere on their website.

Other Products

This funded trader also offers a variety of resources and tools to enhance your trading experience.

• Trader Education
• Leeloo Store

Trader Education

Instead of a regular how-to blog, Leeloo has a video tutorial section. Their beginner-friendly video tutorials walk you through everything you need to get started, from navigating the platform to core trading concepts.

Leeloo Store

The Leeloo Store is a marketplace for downloadable add-ons and tools from third-party vendors. Here you’ll find automated strategies that trade for you, advanced charting tools for in-depth analysis, and even services to help with coding your own strategies.

Prices and Challenge Fees

The following is a list of Leeloo Trading’s prices and challenge fees for all of their evaluation programs.

Foundation Accounts:

• Kickstart = $75
• Leeloo Express = $77
• Aspire = $150
• Launch = $180
• Climb = $220
• Cruise = $305
• Burst = $525
• Explode = $675
• Glide | Micro = $145

Bundle Accounts:

• LB Bundle Aspire = $250
• LB Bundle Launch = $280
• LB Bundle Climb = $320
• LB Bundle Burst = $625
• LB Bundle Cruise = $405
• LB Bundle Explode = $775

Entry Accounts:

• LE Aspire = $26
• LE Launch = $38
• LE Climb = $58
• LE Cruise = $70
• LE Burst = $126
• LE Explode = $169
• LE Glide Micro = $75

Weekly Accounts:

• Aspire WK = $250
• Launch WK = $295

All the fees are monthly except for the Express account. If you are not getting the desired trading results, you can try again. For all account sizes, the reset fee is $85. Also, after you pass their evaluation phase and get a live account, Leeloo will refund your subscription fee.

Payment Methods and Payout System

There are lots of ways to pay at Leeloo Trading. The company uses Stripe for credit card payments, which accepts Visa, MasterCard, American Express, and Discover. Besides credit cards, Leeloo Trading accepts PayPal Express and Network Merchants. You can even pay with Apple Pay.

Now for withdrawals, Leeloo Trader pays out once a month. To receive your money, you need to request it on the last Saturday of the month between 2 am EST and 5 pm EST.

You will need to use their new Leeloo Dashboard to make the request. Log in using your member login, not your Rithmic login. You must also be registered with Rise Works, their payment processor, to request a payout.

Registration and KYC

Here’s a breakdown of the registration process for Leeloo Trading:

1. Head to the Leeloo Trading website.
2. Explore the trading evaluation programs offered and choose the one you want.
3. Click the “Buy Now” button for your chosen program.
4. (Optional) If you’d like more details before proceeding, click “Learn More.”
5. After clicking “Buy Now,” you’ll be directed to the purchase page.
6. Select your preferred payment method.
7. Enter your information, including your first and last name (required) and email address (required).
8. (Optional) Enter a coupon code if you have one.
9. Enter your business name (optional) and address details.
10. Agree to Leeloo Trading’s terms and conditions and click “Next”.
11. You will get an SMS shortly to verify your mobile number.
12. Enter the code and proceed with the payment.

KYC verification is only required after you pass their evaluation stage and become eligible for getting a funded account. Once you opt for a funded account, the company will provide you with a contract outlining your rights and obligations.

As part of the KYC process, you’ll need to submit a photo ID and proof of address, such as a utility bill, bank statement, or registration confirmation.

Discount and Promo Code

Our investigation demonstrated that Leeloo Trading doesn’t advertise current discounts or promo codes on their website. To stay informed about potential discounts, you can subscribe to their social media channels or their email list.

Make sure you sign up for a practice account and opt-in for emails, so you get notifications about any promotions. New traders can also get a special discount, but you’ll have to contact them to get this offer.

Free Trial and Demo Account

Leeloo offers a 14-day trial. This trial is provided by Rithmic, a partner company, and is only available to new users. You won’t be eligible for this trail account if you already have a Rithmic account.

During the trial, you can trade four specific instruments with a virtual starting balance of $100,000. There are also limits on the number of contracts you can trade at once and how much your account value can decline (drawdown).

Mobile App

Leeloo Trading itself doesn’t have a full-featured mobile app used for trading. However, they offer a supporting “Leeloo App” with specific functions.

For example, you can close your trades remotely in case of emergencies and also check your trading days. This app is available on both Apple and Android devices.

Customer Service and Support

Leeloo Trading prop firm offers a comprehensive customer support system. They have a knowledge base with answers to frequently asked questions. If you can’t find the answer you’re looking for, they also have in-depth guides and articles.

This online prop firm also has outstanding customer support. Their customer service team can be reached via email or a support ticket system. They don’t offer live chat but after putting it to the test, we have found that their team is friendly and competent and will answer your questions quickly.

Taxes

Leeloo gives traders funded accounts to trade with so that they can keep a percentage of the profits. You won’t get tax help from this prop firm. As a trader you are responsible for filing taxes on the profits you make.

The profits are considered income, so they’re taxed in accordance with the tax laws in the country the individual lives in. Depending on your situation, you might want to consult a financial professional. Learn more in our dedicated guide about “Prop Trading Taxes“.

Alternatives to Leeloo Trading

Looking for other options than Leelo? Here are some alternatives you might want to consider.

RebelsFunding

If you want to trade on a different platform with almost similar trading experience, RebelsFunding is a good alternative. Their pricing is a lot better than most other prop firms and you can start smaller with a 5K account or trade big with their 320K account.

Lark Funding

Another alternative to consider is Lark Funding. You can manage up to $600,000 after passing their multi-stage evaluation programs. The standard split is 80/20 but you can increase it to 90/10. In addition, you can request payouts weekly and withdrawal requests are processed in under 6 hours.

Funded Engineer

The last alternative we will suggest is the Funded Engineer. This prop firm can be considered as the most affordable option on the market. You’ll get more trading flexibility and scale funded accounts up to $2 million.

Conclusion

Leeloo Trading passes our extensive test. We’ve rigorously evaluated their platform – it’s legit. Their reputation as a prop firm is strong, with a proven track record. You can start small with a $25K account and keep 90% of your profits.

Or go big with their 300K option. Plus, bundle accounts let you test different strategies, making their evaluation programs more manageable.

Sign up with Leeloo Trading now!

Interested in prop trading? Leeloo could be your fit. Explore their platform further and see what else they offer. Sign up today!

Frequently Asked Questions

You can find answers to some of the most common questions about Leeloo Trading here.

Is Leeloo Trading legit or a scam?

Leeloo Trading prop firm is legit. See “About Leeloo Trading” for more info.

Is Leeloo Trading regulated?

No, this prop firm is not regulated, and they do not need to be since they are not a broker. We covered this in more detail in the “Safety and Regulation” section.

What is Leeloo Trading?

Leeloo Trading is a prop firm that provides funded accounts to traders to trade futures contracts. For more info, check out the “About Leeloo Trading” section.

Which broker does Leeloo Trading work with?

Leeloo Trading’s website doesn’t disclose which broker they work with. There’s more info on this in the “Brokers” section.

How many Leeloo Trading accounts can I have?

You can have up to 10 accounts at a time. More info in the “Challenge Trading Rules” section.

Where is Leeloo Trading based?

Leeloo Trading is based in Montana, USA. Learn more about this trading firm in the “About Leeloo Trading” section.

Does Leeloo Trading allow the use of an Expert Advisor or Copy Trading?

You are not allowed to use any bots or automated traders. Copy trading is also prohibited. You can get more details in the “Copy Trading” and “Expert Advisor” sections.

Is Leeloo Trading legal in the US?

Yes. Leeloo Trading operates legally in the US under Natural Trading LLC. Detailed information is available under “Accepted Countries“.

How long has Leeloo Trading been around?

Leeloo Trading has been around since 2019. See the “About Leeloo Trading” section for more information.

How much does Leeloo Trading cost?

The monthly cost for their evaluation programs starts from $26 and goes all the way up to $775. Check out the “Prices and Challenge Fees” section for more information.

How often does Leeloo Trading pay out?

Leeloo Trading pays out once a month and payment request needs to be made on the last Saturday of the month. You can find more information under “Payment Methods and Payout System“.

Liam Matthews

Having more than eight years of trading experience, I know how hard it is to find a good and reliable Prop Trading Firm and not to choose the wrong one. With PropTradingScam.com I want to help you to pick the right one, stay safe, and share your experience.