Leeloo Trading, founded by Jody Dahl, draws inspiration from the values instilled by generations of Montana farmers and ranchers in his family. Just as success in agriculture hinges on long-term planning and resilience against the elements, so too does success in trading. Quick fixes and unsustainable strategies have no place in either field. Leeloo Trading recognizes this inherent connection and fosters a supportive community that echoes the collaborative spirit found among farmers and ranchers.
Leeloo Trading empowers aspiring traders with simulated capital, allowing them to hone their skills in a risk-controlled environment. Their signature “Leeloo’s Performance Based Trading and Contests” offer the potential for real payouts based on your performance. This unique approach has established Leeloo as a leader in trader education, attracting a global audience of retail traders who value their commitment to transparency and trader well-being.
Leeloo Trading caters to the specific needs of day traders. Unlike some prop firms, they allow trading beyond traditional market hours, providing greater flexibility for strategy execution. Additionally, they don’t enforce consistency rules,empowering traders to adapt their approach as market conditions evolve. However, to ensure responsible risk management, Leeloo Trading does implement profit targets and trailing drawdowns.
Leeloo Trading understands that traders come from diverse backgrounds with varying financial goals. That’s why they offer a range of account sizes, ensuring there’s a perfect fit for every budget. This accessibility allows aspiring traders to begin their prop trading journey with confidence, knowing they have the resources and support system needed to succeed.
Leeloo Trading: A Roadmap to Funded Success
Leeloo Trading meticulously crafts a path for aspiring traders to develop their skills and transition to funded accounts.This journey is segmented into distinct stages, each with its own unique features and benefits.
Evaluation Tiers:
- Foundation (LL), Bundle (LB), Entry (LE), and Weekly (WL) Accounts: These evaluation phases serve as a springboard for traders to hone their skills and showcase their competency. Leeloo utilizes performance-based competitions within these tiers, offering a gateway to account progression and the potential for real profits.
- Investor and Accelerator Accounts (Leeloo Performance Account™ or PA): Successful completion of the evaluation stages unlocks access to these coveted funded accounts. These accounts empower traders to manage real capital and participate in profit-sharing opportunities.
Leeloo Trading prioritizes the development of well-rounded traders. Their core philosophy emphasizes achieving predetermined profit targets, fostering responsible and consistent trading habits, and implementing effective risk management strategies. This ensures that traders not only generate profits but also safeguard their hard-earned capital.
Understanding the platform is paramount to success. Leeloo offers new members a valuable 14-day Free Trial for their practice accounts. This trial allows you to explore the platform’s functionalities, experiment with strategies using $100,000 in simulated capital, and open up to 12 contracts all without risking any real money. This risk-free environment empowers you to make an informed decision before committing to a funded account.
Leeloo Trading’s structured approach, coupled with its commitment to education and risk management, creates a supportive ecosystem for aspiring prop traders. The following sections will delve deeper into each account option and its specific features, providing a clear roadmap to navigate your prop trading journey with Leeloo.
Leeloo Trading Account Options: A Stepping Stone to Success
Leeloo Trading meticulously crafts a path towards funded accounts, and the foundation of this journey lies in selecting the account that best suits your trading style and budget. Here’s a breakdown of the various account types offered by Leeloo Trading:
Foundation (LL) Accounts
Tailored for Every Trader: Leeloo caters to diverse budgets with six bundle options ranging from $75 to $675 per month. These bundles provide access to starting capital between $25,000 and $300,000.
Key Features:
- Profit Target: Achieve a 6-7% profit target to progress.
- Fees:
- Leeloo Express: $77 non-recurring fee for a 14-day trial period.
- Standard Accounts: Aspire, Launch, Climb, Cruise, Burst, Explode recurring fees range from $150 to $675/month depending on account size.
- The Glide: A dedicated account specifically designed for swing trading strategies ($145/month).
- Kickstart: Designed for beginner and first timer trader ($75/month)
Leeloo Bundle (LB) Accounts:
Aspiring prop traders can choose from Leeloo‘s six flexible bundle options, priced between $250 and $775 month non-recuring. Each bundle unlocks access to starting capital ranging from $25,000 to $300,000.
Important Points:
- Non-recurring fees: Pay once for the entire bundle.
- Performance Account Eligibility: Only one account within the bundle can qualify for a funded Leeloo Performance Account (PA).
- Individual Resets: Resets apply only to the underperforming account within the bundle, not the entire package.
- Validity: Each bundle is valid for 30 days from the purchase date.
Entry LE Accounts:
Leeloo empowers traders with choice and control. Their seven bundle options, priced from $26 to $169 per month, offer access to a range of starting capital amounts between $25,000 and $300,000.
- Cost-Effective Entry Point: Ideal for new traders or those with limited budgets, Entry accounts offer a more affordable option with a reduced payout structure compared to Foundation accounts.
- Focus on Learning and Development: Designed to help beginners test their strategies and gain experience while receiving payouts for a lower monthly fee.
- Performance Account (PA) Options: Qualifying traders can choose between the Investor or Accelerator PA,granting them a 50% share of simulated profits on eligible payouts.
- Payout Structure: Entry accounts distribute profits through periodic performance-based contests. Here’s how it works:
- Initial Payout Request: $1,000 requested by the trader.
- Leeloo Contribution: $500 provided by Leeloo.
- This profit-sharing structure applies for the first four months of the Leeloo Performance Account obtained through an LE account.
- From the fifth month onwards, traders retain 50% of all simulated profits generated.
Weekly Accounts (WK):
Accelerated Payouts: Investor Weekly (WK) accounts offer traders the opportunity to receive faster payouts through Leeloo’s performance-based competitions. These specialty accounts are available only during designated periods determined by Leeloo. Two Options only Apire WK $25,000 for $250/month & Launch WK $50,000 for $295/month.
WK Account Benefits:
- Faster Payouts:
- Initial payout request: After 10 trading days.
- Subsequent requests: Every 4 trading days.
- Weekly processing: Payouts processed every Tuesday.
- Profit Retention: Keep 100% of the first $12,500 in profits generated. Thereafter, retain 90% of each payout exceeding $12,501.
- Trading Plan Adherence: Maintaining consistent adherence to your trading plan is crucial.
- No Copy Trading: Leeloo prohibits the use of trade copiers within WK accounts.
- Limited Accounts: Leeloo reserves the right to limit the number of WK accounts a trader can hold.
- Payout Eligibility: Complete 10 trading days to be eligible for the first payout request. Subsequent requests require four trading days in between.
Leeloo Trading Rules and Risk Management
Leeloo Trading prioritizes responsible trading practices and risk management to ensure a secure environment for aspiring prop traders. Here’s a breakdown of their core rules and risk management strategies:Evaluation Account Rules (Foundation (LL), Bundle (LB), Entry (LE), and Weekly (WL) Accounts):
- Trailing Drawdown: Leeloo utilizes a “Rising Trailing Max Drawdown” mechanism to dynamically adjust the maximum allowable drawdown based on the account’s highest unrealized profit. This ensures responsible risk management by preventing excessive losses that could jeopardize your account balance.
- Minimum Trading Activity: Maintain active participation by trading for a minimum of 10 days within your evaluation period.
- Trading Hours: Adhere to designated trading hours to ensure market stability and orderly execution.
- Permitted Instruments: Trade only instruments explicitly allowed by Leeloo Trading to maintain regulatory compliance and focus your strategy.
Funded Account Rules (Accelerator and Investor Performance Accounts)
- Accelerator Performance Account:
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- Scaling Up Gradually: The Accelerator program implements a gradual scaling approach, allowing you to start with two contracts and progressively increase as you generate profits.
- Static Drawdown Limit: A fixed drawdown limit of $625 safeguards your account from excessive losses.
- Minimum Trading Period: Maintain active trading for a minimum of 30 calendar days before requesting your first withdrawal.
- Trading on Payout Days: Refrain from trading on the day you submit a payout request to ensure accurate processing. Wait until the requested amount has been deducted from your account balance before resuming activity.
- Multiple Account Limits: Leeloo allows a maximum of three concurrent Accelerator accounts under a single Rithmic ID, with only one Rithmic ID permitted per trader.
- Account Selection: Upon successfully qualifying for another Accelerator account while holding three existing ones, you’ll be offered the Investor $25,000 trailing drawdown option.
- Investor Performance Account:
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- Full Contract Allowance: Unlike the Accelerator program, the Investor account grants you the ability to trade your full contract allocation from the outset, eliminating the need for gradual scaling.
- Initial Withdrawal Limits: Stringent withdrawal limitations are in place during the first four months. This incentivizes building a healthy account balance before making larger withdrawals.
- Trading on Payout Days: Similar to the Accelerator program, avoid trading on the day you submit a payout request.
- Matching Funded Accounts: Leeloo awards a funded account equivalent to your successful practice account. For instance, a $150,000 / 15 contract practice account translates to a $150,000 / 15 contract Investor Leeloo Performance Account™.
- Maximum Contract Limit: Leeloo allows immediate trading up to the maximum contract limit without scaling requirements. However, to increase this limit, you’ll need to establish a separate practice account.
Trailing Max Drawdown Explained
Leeloo’s “Rising Trailing Max Drawdown” is a cornerstone of their risk management framework. This dynamic approach adjusts the maximum allowable drawdown based on the highest unrealized profit achieved in your account. Let’s explore how it works:- Scenario: Your account reaches a peak balance of $103,000. Leeloo’s drawdown rule establishes a $3,000 buffer zone, setting the drawdown limit at $100,000. If your account balance falls to this point, Leeloo’s system might initiate automatic liquidation of positions to safeguard your capital.
- Dynamic Adjustment: This mechanism isn’t static. If your balance increases to $106,000, the drawdown limit automatically adjusts to $103,000, maintaining a $3,000 buffer from your new peak equity level. This ensures that Leeloo protects your unrealized gains while allowing continued trading within established risk parameters.
| Account Size | Trailing Drawdown |
| $25,000 | $1,500 |
| $50,000 | $2,500 |
| $100,000 | $3,000 |
| $150,000 | $5,00 |
Multiple Accounts
Leeloo Trading allows traders to trade as many as 10 accounts simultaneously, all consolidated under one Rithmic ID.Trading Hours
Leeloo Trading permits trading during the one-hour market close from 17.00 to 18.00 EST, as well as over weekends. In Practice Accounts, positions can also be maintained through this period. However, for Performance Accounts, up to three micro contracts are allowed to be held during the close, while standard lots necessitate administrative approval. In the absence of explicit permission, trades need to be settled 15 minutes prior to the closing time of each instrument’s market, such as 16.45 EST for ES and 14.05 EST for Corn (ZC).Leeloo Trading Payouts & Profit Sharing
Leeloo Trading prioritizes transparency and efficiency when it comes to payouts, ensuring you receive your hard-earned profits quickly and conveniently. Here’s a breakdown of their payout process and profit-sharing structure: Hassle-Free Withdrawals:- Free of Charge: Leeloo shoulders any wire transfer or PayPal fees associated with your payout, ensuring you receive the full amount requested. However, any fees levied by your bank for receiving the funds remain your responsibility.
- Scheduled Processing: Payout requests are batched for the last Monday of each month and processed within the same week. This streamlined approach ensures timely access to your capital.
- Minimum Trading Activity: To be eligible for your first payout, you must complete a minimum of 30 trading days and achieve the necessary performance targets. Subsequent payouts require at least 10 trading days of activity per month.
- Electronic Transfers: Leeloo offers two primary payout methods: wire transfer and ACH. Wire transfers typically take 5-7 business days to reflect in your account, while ACH transfers are generally processed within 3 days.
- Limited PayPal Option: In specific situations, PayPal might be an available withdrawal method, although it carries a maximum limit of $1,000.
- No Limits on Payout Amounts: Leeloo places no restrictions on the minimum or maximum amount you can withdraw, providing flexibility in managing your capital.
- Profit Retention: You retain 100% of your initial profits up to $12,500. After exceeding this threshold, a 90% profit-sharing model applies to subsequent payouts.
- Minimum Account Balance Adjustment: If you request a payout before your account reaches a balance of $102,000, the minimum account balance requirement is temporarily adjusted to $100,100 to accommodate your withdrawal. This ensures responsible management of your funded capital.
Leeloo Trading Platforms & Instruments
Leeloo Trading recognizes the importance of catering to a variety of trading styles and preferences. That’s why they provide access to a vast array of financial instruments and markets, empowering you to explore numerous opportunities. Trade Your Way:- Extensive Asset Classes: Leeloo grants you the freedom to trade across all CME (CME, CBOT, NYMEX, and COMEX) futures assets, encompassing Equity Futures, Interest Rate Futures, Currency Futures, Agricultural Futures, Energy Futures, Metal Futures, and even Micro Futures all designed to suit your risk tolerance and strategic objectives.
- Modern Inclusion: Looking to explore the ever-evolving financial landscape? Leeloo offers access to Cryptocurrency futures, allowing you to participate in the growth of digital assets.
Leeloo Trading fosters a collaborative environment that recognizes and rewards dedicated traders. Their Loyalty Program incentivizes continuous growth, offering attractive benefits like:
- Complimentary Resets: Earn valuable resets through the Loyalty Program, allowing you to recover from setbacks and continue your journey towards funded account success.
- Free Express Practice Account: Loyalty Program members can unlock access to a complimentary express practice account, providing an ideal platform to refine your strategies before transitioning to live markets.
- Explore Risk-Free: Take advantage of Leeloo's complimentary 14-day trial period to thoroughly assess their platform and evaluate its suitability for your trading style.
- Scalable Account Options: Leeloo caters to diverse needs with a range of account sizes, starting from $25,000 and scaling up to $300,000. This allows you to select an account that aligns with your experience and risk tolerance.
- Transparent Profit Sharing: Leeloo's payout structure is clear and rewarding. You retain 100% of your initial profits up to $12,500, followed by a 90% share on subsequent earnings.
- Reduced Reset Fees: Benefit from competitive reset fees ranging from $75 to $85, minimizing the financial impact of potential setbacks.
- Flexible Trading Environment: Leeloo prioritizes your trading experience. They offer flexible trading hours,allowing you to capitalize on opportunities even during news events and market close.
- Lenient Trading Rules: Focus on your strategies without overly restrictive rules. Leeloo's regulations are designed to facilitate your trading activity within a responsible framework.
- Diverse Trading Styles: Leeloo welcomes a variety of trading approaches, empowering you to leverage your unique skills and strategies.
- Funded Account Options: Explore a multitude of funded account possibilities to find the perfect fit for your trading goals.
- Enhanced Mobility: The Leeloo mobile app grants you unparalleled accessibility. Trade from anywhere, anytime,with just a few clicks.
- Withdrawal Frequency: While Leeloo allows monthly withdrawals, they prioritize responsible capital management. This approach safeguards your long-term trading success.
- Evaluation Period: The 10-day evaluation window ensures traders have sufficient time to demonstrate their capabilities and readiness for a funded account.
- Limited Asset Focus: Leeloo currently caters to futures traders. This targeted approach allows them to specialize and provide exceptional service within this specific market segment.
- Community Engagement: While a dedicated Discord channel isn't currently available, Leeloo offers alternative avenues for support and community interaction.
Leeloo Trading carves a path for aspiring prop traders to hone their skills and transition to funded accounts. Their structured tiers and diverse account options cater to individual needs and risk tolerance. With a focus on transparency and responsible trading practices, Leeloo Trading empowers you to navigate the financial markets with confidence.
Whether you’re a seasoned trader or just starting out, Leeloo’s supportive environment and comprehensive features are worth exploring to see if they align with your prop trading goals.
FAQs
Once you qualify for a Performance Account, there are two options available.
- The monthly subscription is $88 per month per Performance Account
- 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.
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.
If a practice account has reached its Auto Liquidate Threshold Value (max loss), a reset can be executed if you wish to continue trading your account within your subscription period.
Topics:
- How to reset (Be sure to CLOSE ALL POSITIONS before attempting reset)
- Resets do NOT change the renewal/expiration date of the monthly subscription!
- WARNING. Resetting the wrong account is IRREVERSIBLE. (Be careful)
A reset does NOT change the expiration date on your monthly subscription. You are auto-renewed and billed accordingly every 30 days until or unless you cancel the monthly subscription fee. How do I cancel my subscription?
Also, your 30 day auto-renewal monthly subscription fee does NOT reset or change your account balance. It only extends the expiration date another 30 days. If you have profit, the same profit remains. If you have loss or have hit the max loss, that status remains unchanged as well. If you have hit your max loss, you either need to reset in order to continue trading the account or cancel the account and purchase a new one.
There is no maximum time requirement to reach your goal. A reset basically refreshes the Initial Balance so you can continue trading the account you subscribed to. All previous profit or loss are dismissed. Nothing carries over nor are resets factored into whether you are approved or not for a Performance-Paid Trading™ Account. Additionally, if you reset your account, the minimum required number of active trading days to qualify is reset to 10. Any previous active trading days will not count toward your 10 day minimum. You are given a new account number with a reset Initial Balance and you must now place trades on a minimum of 10 individual trading days while reaching your total profit target to qualify.
RESETS if you own more than one active account:
- You will login and follow the same steps above for purchase.
- You will receive an email with a link. Click the link and you will be shown all your active accounts. You will CAREFULLY choose the correct account you wish to reset. Check R|TraderPro to be SURE of the account number you need to reset.
- WARNING. Be VERY careful to reset the correct account number. If you make a mistake, Leeloo™ CAN NOT fix this.
A reset does NOT change the expiration date on your practice account. You are auto-renewed and auto billed every 30 days until or unless you yourself cancel the account. How do I cancel my subscription?
Also, your 30 day auto-renewal fee does NOT reset or change your Account Balance. It only extends the expiration date another 30 days. If you have profit, the same profit remains. If you have loss or have hit the max loss, that status remains unchanged as well. If you have hit your max loss, you either need to reset in order to continue trading the account or cancel the account and purchase a new one.
A reset basically refreshes the Initial Balance so you can continue trading the practice account you subscribed to. All previous profit or loss are dismissed. You are given a new Account Number, with a reset Initial Balance, and you must now place trades on a minimum of 10 individual days while reaching your total profit target.
Warning: Do NOT engage in any trading activity with money you cannot afford to lose. Day trading can be extremely risky and offers no guarantee for success. You should not fund day-trading activities with retirement savings, student loans, second mortgages, emergency funds, funds set aside for purposes such as education or home ownership, or funds required to meet your living expenses.
