Leeloo Trading, founded by Jody Dahl in 2020 and headquartered in Roundup, Montana, is a proprietary trading firm with Chris as its CEO. Verified by over 340 day traders on Trustpilot, Leeloo Trading is recognized for its friendly CEO, reliable customer support, and positive user reviews.
At Trading Funder, we found that Leeloo Trading offers flexible trading rules, including the ability to trade during market close and the absence of a consistency rule. However, traders should note the firm’s profit target and trailing drawdown requirements.
Leeloo Trading provides eight account sizes with varying prices, as well as Leeloo Bundles. After purchasing, day traders receive email login credentials, allowing them to trade on platforms like Rithmic or NinjaTrader.
The firm’s challenge rules include avoiding the Rising Trailing Max Drawdown, trading for at least 10 days, adhering to specific trading times, using designated trading instruments, and achieving a profit target.
In this review, Trading Funder aims to provide crucial insights to help day traders evaluate and choose Leeloo Trading as a potential prop firm for their trading needs.
what is Leeloo Trading?
Leeloo Trading is a prop trading firm established in Roundup, Montana, by Jody Dahl in 2020. Managed by its CEO, Chris, Leeloo Trading offers futures traders access to funded trading accounts upon passing a trading evaluation called Practice Accounts.
A prop trading firm is a company that trades financial assets using its own capital, not client money. Unlike investment firms, their main goal is direct market profits. Prop trading firms typically employ professional traders who use a variety of strategies to try to generate profits for the firm. Traders are rewarded based on their performance.
who is Leeloo Trading’s founder?
Leeloo Trading’s founder is Jody Dahl. Born in Roundup, Montana, she embodies the values of hard work and dedication. Despite beginning her trading journey in 2015 with minimal experience, Jody rapidly rose to become one of the industry’s most successful traders. Apart from her achievements in trading, she has displayed a remarkable work ethic and has been integral in establishing and growing Leeloo Trading to international recognition.
What makes Leeloo Trading Legit?
Leeloo Trading is considered legit due to its effective customer service team and for revealing its real identity to the community. The company boasts a 4.6-star rating on Trustpilot from over 340 reviews. Traders have reported receiving their payments punctually. The company is commended for its supportive leadership and its transparent evaluation process. All this information indicates that users generally view the company as trustworthy, not a scam.
Does Leeloo Trading send payouts to its traders?
Yes, Leeloo Trading sends payouts to its traders. The payment method available is the Rise payment platform, with options for direct payments to bank accounts and cryptocurrency wallets. Traders can withdraw their profits once a month at the end of the month.
Does Leeloo Trading have good User Reviews and Testimonials?
Yes, Leeloo Trading has good user reviews and testimonials. On Trustpilot, Leeloo Trading has a rating of 4.6 out of 5 stars based on over 340 reviews. 94% of these reviews are 5-star ratings, and less than 2% of reviews claim that Leeloo Trading is a scam.
Does Leeloo Trading have good Customer Support?
Yes, Leeloo Trading has good and effective customer support under the leadership of their CEO, Chiris. According to user reviews, the company’s customer support team is prompt and effective. They are available via email and live chat.
what are Leeloo Trading’s advantages?
Leeloo Trading has 9 advantages. Here is a list of Leeloo Trading’s advantages:
- Free Trial: Leeloo Trading provides a 14-day trial for traders to test their platform.
- Available Worldwide: Day Traders worldwide can get funding from Leeloo Trading.
- Accessible to swing traders: Leeloo Trading has a special account for swing traders called “The Glide”.
- Flexible Account Sizes: Leeloo Trading funds traders with account balances ranging from $25,000 up to $300,000.
- Attractive Payouts: They offer a 100% profit split for the first $12,500 in profits. Then, it adjusts to a 90/10 split in favor of the trader.
- Easy Rules: Leeloo Trading has only one eliminating rule: don’t hit the trailing drawdown.
- High reduction in reset fees: reset fees range between $75 and $85.
- Free license to NinjaTrader Platform: Leeloo Trading’s Traders use NinjaTrader for free.
- Flexible trading hours: Traders can trade during news and market close.
what are Leeloo Trading’s disadvantages?
Leeloo Trading has 2 disadvantages. Here is a list of Leeloo Trading’s disadvantages:
- Limitation on profit withdrawal: Traders can only withdraw profit once a month.
- Absence of education center: Leeloo Trading doesn’t provide any training of any kind.
What are Leeloo Trading’s pricing tiers?
Leeloo Trading pricing varies from $137 to $657 depending on the chosen account size. The table below lists the fees for each account size:
| Account name | Account size | Price |
|---|---|---|
| Leeloo Express | $100K | $77 |
| The Glide | 100K STATIC | $145 |
| Aspire | $25K | $150 |
| Launch | $50K | $180 |
| Climb | $100K | $220 |
| Cruise | $150K | $305 |
| Burst | $250K | $525 |
| Explode | $300K | $675 |
Does Leeloo Trading offer price discounts?
Yes, Leeloo Trading grants discounts on their prices, ranging from 25% off to 80% off. To receive these discounts, traders should use this Leeloo Trading discount link and enter either coupon code TOPMN or TF25. TOPMN coupon code is dynamic, automatically reflecting the most recent discount available upon use. TF25 coupon code offers 25% discount by default. Leeloo Trading applied The discount instantly upon purchasing the evaluation.
Does Leeloo Trading allow multiple accounts?
Yes, Leeloo Trading allows multiple accounts. Day traders can trade 10 Leeloo Trading accounts at the same time. all accounts are under the same Rithmic ID.
How does Leeloo Trading work?
Leeloo Trading’s procedure consists of 9 steps. The trader ensures the system works correctly by following these 9 steps below:
- Choose and buy the Practice Account of choice.
- Download and Install Rhitmic Trader Pro.
- Login with the credentials to Rhitmic.
- Log in with the credentials received by email to the desired trading platform.
- Achieve the trading objectives while adhering to the trading rules.
- Stop trading.
- Receive a funded trading account in the next 2 days.
- Earn profits on the funded trading account.
- Withdraw your share of profits.
Does Leeloo Trading’s Dashboard provide live data?
No, Leeloo Trading’s Dashboard doesn’t provide live data on trading account balances. Account Data can be verified through Rhitmic Trader Pro.
What are Leeloo Trading Rules?
There are 4 main rules for Leeloo Trading. The Guidelines are listed below:
- Avoid hitting The Rising Trailing Max Drawdown.
- Trade 10 trading days minimum.
- Avoid trading during non-approved hours.
- Exclude trading instruments not allowed.
The table below shows the trailing drawdown value and the contract size of every account size:
| Account name | Account size | Trailing Drawdown | Contract Size |
|---|---|---|---|
| Leeloo Express | $100K | $3,000 | 12 (120 Micros) |
| The Glide | 100K STATIC | $625 | 2 (20 Micros) |
| Aspire | $25K | $1,500 | 3 (30 Micros) |
| Launch | $50K | $2,500 | 8 (80 Micros) |
| Climb | $100K | $3,000 | 12 (120 Micros) |
| Cruise | $150K | $5,000 | 15 (150 Micros) |
| Burst | $250K | $6,500 | 25 (250 Micros) |
| Explode | $300K | $7,500 | 30 (300 Micros) |
Following Leeloo Trading rules is essential for participant success. Compliance ensures requirement fulfillment, avoids pitfalls, promotes disciplined trading, and maintains strategy integrity.
How does Leeloo Trading’s Trailing Drawdown work?
Leeloo Trading’s Trailing Drawdown works as a dynamic risk management tool, adjusting in real time based on unrealized profits during futures trading. For example, in a $50,000 account with a $2,500 trailing drawdown, the minimum balance is initially $47,500. If a trader has a trade with $523 in unrealized profits but eventually closes the trade with only $115 in profits, the minimum balance allowed adjusts to $48,023, considering the peak unrealized profit, not the realized one. In Leeloo’s trading challenges, the trailing drawdown continually trails the profits without a limit. However, for funded “Investor” accounts, it stops when the account balance is $100 above the initial balance. Conversely, the “Accelerator” option in Leeloo Trading does not implement a trailing drawdown.
What are Leeloo Trading’s Trading Hours?
Leeloo Trading’s trading hours allow positions to be held during the 1-hour market close from 17:00 EST to 18:00 EST and over weekends. In Practice Accounts, positions can be maintained through this period. However, up to 3 micro contracts can be held during the close for Performance Accounts, while standard lots require administrative approval. Without permission, trades should be settled 15 minutes before each instrument’s market close, such as 16:45 EST for ES and 14:05 EST for Corn (ZC).
What are Leeloo Trading’s Instruments?
Leeloo Trading’s Instruments are listed below:
- Equity Futures: Examples include E-mini S&P 500, Nikkei NKD, and E-mini NASDAQ 100.
- Interest Rate Futures: Such as 2-Year Note, 10-Year Note, and Treasury Bond.
- Currency Futures: Including Australian Dollar, Euro FX, and Japanese Yen.
- Agricultural Futures: Like Corn, Wheat, and Live Cattle.
- Energy Futures: Examples are Crude Oil, Natural Gas, and Heating Oil.
- Metal Futures: Including Gold, Silver, and Copper.
- Micro Futures: Including Micro E-Mini S&P 500, Micro Crude Oil, and Micro Bitcoin.
- Cryptocurrencies: Bitcoin, Ethereum, and Micro Bitcoin.
Leeloo Trading uses which trading platforms?
Leeloo Trading uses the 15 trading platforms listed below:
- Ninjatrader 7
- Ninjatrader 8
- Rithmic Pro
- EdgeProX
- Motive Wave
- Multicharts
- ATAS
- Finamark Systems
- Jigsaw Daytradr
- Trade Navigator
- VolFix
- Bookmap X-Ray
- Investor/RT (Linnsoft)
- Sierra Charts
- OptimusFLOW
How To Set Up Rithmic for Leeloo Trading?
To Set Up Rithmic for Leeloo Trading, traders must follow the following 9 steps to trade using Rithmic:
- Buy the preferred plan.
- Download and install Rithmic rTrader Pro.
- Open RTrader Pro software.
- Turn the Market Date off.
- Log in to Rithmic rTrader Pro using the provided credentials.
- Choose: “Rithmic Paper Trading” for “System”.
- choose: “Chicago” for “Gateway”.
- Accept Rithmic Agreements.
- Choose “Non-Professional”.
How To Set Up NinjaTrader 8 for Leeloo Trading?
To Set Up NinjaTrader 8 for Leeloo Trading, traders must follow the following 11 steps:
- Create a free NinjaTrader account.
- Launch NinjaTrader 8 and log in.
- Go to NinjaTrader Control Center → Click Help → Click License Key.
- Replace the current key with the SIM key provided by Leeloo.
- Click OK and Restart Ninja.
- Click Connections → Click Configure.
- Select Rithmic for NinjaTrader Brokerage.
- Set the Connection Name of your choice.
- Input Username and Password.
- Choose System as ‘Rithmic Paper Trading (Chicago).’
- Click Apply, then OK.
Does Leeloo Trading allow Copying Trades?
Yes, Leeloo Trading does allow the copying of trades, but trade copiers are explicitly prohibited on weekly accounts.
Conclusion on Leeloo Trading
Leeloo Trading offers a flexible funded trading program with a range of account sizes and features like no consistency rule, flexible trading hours, and a generous profit split, making it attractive to traders globally. However, its trailing drawdown mechanism requires careful management to avoid hitting limits and losing the account. As we at Trading Funder discovered, Leeloo Trading’s accessible pricing and strong user reviews reflect its commitment to supporting traders, but the lack of an educational center and monthly withdrawal limits are considerations for those evaluating this firm for their trading journey.
