Updated July 17, 2024
Minimum 10 active trading days to pass
Reach profit target to move to funded account
Intraday live trailing drawdown (except in 100k Static Glide). Account balance must be maintained above drawdown limit at anytime
Do not exceed the maximum number of contracts for each trade
Can hold positions through market close in evaluation (swing)
You can trade news in both evaluation and funded
Renewal does not reset account balance whether failed or not failed. Reset available for $85.
Traders can use the trading strategies they prefer, but are expected to be consistent during each trade, including following a consistent trading plan (in sizing, stops, targets), not over-leveraging, not performing high frequency trading, etc.
Trading Platforms: Ninja Trader (free license key), RTrader Pro. Other platforms compatible with Rithmic data feed can be used
Optional market depth and Rithmic 2nd session ($37) available as an add on.
Sample: ES and MES commission costs each way are $1.99 and $0.51 respectively
Account types
Foundation (LL): This account is a live trailing drawdown account. Once traders qualify, they are moved to Investor Funded Account.
Glide (Static 100k): Static drawdown account. Once traders qualify, they are moved to Accelerator Funded Account.
Entry (LE): These accounts are Foundation or Glide but with lower cost (evaluation and monthly funded fee) and lower profit splits (50%)
Three Foundation (LL) accounts in a bundle (LB). Only one account can be funded. Other accounts are cancelled. Reset works for one account at a time. Rollover of profits of one of the accounts into another monthly evaluation is optional.
Express (100k) accounts expire in 14 calendar days without renewal. Once traders pass the account before expiry, the subscription fee is refunded. Otherwise, traders can opt to roll over their profits into another monthly evaluation, before subscription expires.
Ignite (equivalent to 100k): $99 for 20 calendar days to reach a profit target of 6,000 with a 3,000 drawdown. Maximum number of contracts is 14/140. Upon passing traders qualify for a 150k (Cruise Investor) account. If profit target is not reached, traders can submit a ticket on the day of expiration to rollover the profits to a monthly evaluation of 100k or larger and also receive credit for the number of active trading days (refer to Leeloo).
Kickstart $75K account: Exclusively to traders new to Leeloo. Low entry cost. Reach profit target in the 2nd month (not 1st) and get a refund of $50 when funded (PA) is activated. If activated after 2nd month and onwards, get a refund of $25
Edge Enhancers enable you to get some benefits in the evaluation / funded account. They can only be purchased immediately after buying an evaluation and it is tied to that evaluation subscription permanently. They are:-
Qualify in One Trading Day
60% off resets
Reduced One-Time PA Fee
Waive 30% consistency rule in funded accounts
50% consistency rule (instead of the 30% Rule)
Get additional $500 at first payout
Request payouts every 10 trading days
Up to 10 funded (PA) accounts. Leeloo recommends 6 accounts maximum, but they could also limit the number of accounts you have or obtain.
You could have a maximum of (3) 100k Static Glide / Accelerator (funded) and will count towards a maximum 10 funded accounts.
Weekly account (WK): You could have a maximum of (10) evaluation and (3) funded accounts, which will count towards a maximum of 10 funded accounts.
Copy trading not permitted with Accelarator accounts, Weekly accounts, edge enhancer accounts (payout 10 or 15 day, waive 30% consisteny, 50% consistency), third party accounts. Also should not copy trade more than 3 accounts simultaneously.
Leeloo App (iOS, android) can be used to close positions in an emergency
Leeloo loyalty: Earn 2 points for every dollar spent on evaluation. These points can be used to buy Express (100k) accounts and resets
Caution / Prohibited: Exceeding max contracts in an abusive manner. Copy trading from others. Having another person use your account. Sim abuse. Gambling, or homeruns. Using BOTS, algos or automatic trading. Being reckless.
* Payout structure different for LE and WK accounts
Wait for 24 hours to get an approval email once you reach your profit target. Approval from Riseworks should be obtained. Activation fees are $88 monthly or one-time fee of $250 (ideal for active traders who trade for at least 12 days). For LE Entry account the monthly fee is $44. Qualified accounts need to be activated within 48 hours.
Become flat 15 minutes before the corresponding market closes (4:45 p.m. EST, New York). Exception: Up to 3 micros can be held after close.
Accelerator (100k static): Once you reach $2000 in profits (submit ticket to move to phase 2) or if you request a payout static drawdown moves from 99,375 to 100,100 and never trails after that. As you accumulate profits, you can increase the number of max contracts from 2/20 to upwards (refer Leeloo)
Investor - all other accounts. Drawdown stops trailing once drawdown balance reaches initial balance plus 100.
Registering as a business entity: After purchasing an evaluation account, login with Rithmic and before trading submit a ticket. Professional market data fees may apply
Payout request should me made on the last Saturday of the month specifically between 2:00 a.m. and 5:00 p.m. EST, when the following are met:
Actively trade a minimum of 10 days in a calendar month (except 1st payout - 30 active trading days)
Best day should be less than 30% of total profits accumulated
Less than 5% of trading days should involve flipping (just to get a day counted)
Account should have balance threshold amount (see table) plus 1000 at minimum
Do not trade after you submit a request and until money has been deducted from the account
Accelerator (100k Static): No limits with regards to minimum or maximum withdrawal after balance threshold is met
Investor accounts: Withdrawal limits for the 1st 4 monthly payouts. Minimum request $1000. Maximum request (see table). No minimum or maximum withdrawal restrictions from 5th monthly payout and onwards. Can request any amount above balance threshold
Entry (LE): You receive 50% of profits earned
You have to request a payout to be counted as one of the four payout requests.
Weekly (WK 25k/50K) accounts. For first payout trade 10 days. Then trade for 4 days and request a weekly payout (request before 10:00 am EST, Saturday) . Minimum ($1000) and maximum ($1000/$1500) withdrawal limits applies only for 1st to 3rd month. No restrictions 4th month onwards.
Traders receive 100% of the first $12,500 and 90% thereafter.
Consistent traders would be invited to join firms' Advanced copy trading for additional growth opportunities.
Account closure: After having traded 180 days consistently and taken 4 payouts a trader can request the full amount up to initial balance plus 100.
Up to 10 funded accounts per household
Traders receive 100% of the first $12,500 and 90% thereafter
Weekly accounts with weekly payout
