Leeloo Trading, founded by Jody Dahl in 2020 and based in Roundup, Montana, is a proprietary trading firm with Chris as its CEO.
The firm has earned legitimacy through positive reviews from over 340 day traders worldwide on Trustpilot. It is known for its friendly CEO and responsive customer support.
Leeloo Trading allows day traders to operate during market close and offers flexibility without enforcing a consistency rule. However, it does set both a profit target and a trailing drawdown.
Traders can choose from eight account sizes with different prices, as well as Leeloo Bundles. After purchasing from Leeloo Trading, traders receive email login credentials and can trade on platforms like Rithmic or NinjaTrader.
During the evaluation challenge, traders must adhere to four primary rules:
- Avoid reaching The Rising Trailing Max Drawdown.
- Trade for a minimum of 10 trading days.
- Trade during specific times.
- Use specific trading instruments.
Additionally, traders must reach a profit target to successfully complete the challenge.
What Is Leeloo Trading?
Leeloo Trading, founded by Jody Dahl in 2020 and based in Roundup, Montana, is a proprietary trading firm managed by CEO Chris.
The firm provides futures traders with access to funded trading accounts upon successful completion of a trading evaluation known as Practice Accounts.
As a prop trading firm, Leeloo Trading utilizes its own capital for trading financial assets rather than client money. Unlike investment firms, Leeloo Trading’s primary focus is on direct market profits. The firm employs professional traders who use a variety of strategies to generate profits, and traders are rewarded based on their performance.
Who Is Leeloo Trading’s Founder?
Jody Dahl, the founder of Leeloo Trading, hails from Roundup, Montana, embodying the values of hard work and dedication. Despite starting her trading journey with minimal experience in 2015, Jody quickly became one of the industry’s most successful traders.
Beyond her trading accomplishments, Jody is known for her remarkable work ethic. She has played a pivotal role in establishing and expanding Leeloo Trading, contributing significantly to its international recognition.
What Makes Leeloo Trading Legit?
Leeloo Trading is widely regarded as legitimate due to its efficient customer service and transparency in revealing its real identity to the community. With a 4.6-star rating on Trustpilot from over 340 reviews, the company has earned trust among traders. Traders have reported receiving their payments promptly, and Leeloo Trading is praised for its supportive leadership and transparent evaluation process. Overall, user feedback suggests that the company is trustworthy and not a scam.
Does Leeloo Trading Send Payouts To Its Traders?
Yes, Leeloo Trading offers payouts to its traders through the Rise payment platform. Traders can choose to receive their payments directly into their bank accounts or cryptocurrency wallets. Payouts are processed once a month at the end of the month, allowing traders to withdraw their profits.
Does Leeloo Trading Have Good User Reviews And Testimonials?
Yes, Leeloo Trading has received positive user reviews and testimonials. On Trustpilot, Leeloo Trading boasts a rating of 4.6 out of 5 stars, based on over 340 reviews. Impressively, 94% of these reviews are 5-star ratings. Less than 2% of reviews claim that Leeloo Trading is a scam.
Does Leeloo Trading Have Good Customer Support?
Yes, Leeloo Trading offers efficient customer support under the leadership of their CEO, Chris. Users have reported that the company’s customer support team is prompt and effective. They are available via email and live chat to assist traders with any queries or concerns they may have.
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 offers discounts on their prices, ranging from 25% to 80% off. To avail of these discounts, traders should use the Leeloo Trading discount link and enter either coupon code TOPMN or TF25 during the purchase. The TOPMN coupon code is dynamic, automatically reflecting the most recent discount available upon use. On the other hand, the TF25 coupon code offers a fixed 25% discount by default. The discount is applied 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) |
Adhering to Leeloo Trading’s rules is crucial for traders’ success. Compliance ensures the fulfillment of requirements, prevents potential pitfalls, promotes disciplined trading practices, and maintains the integrity of trading strategies.
How Does Leeloo Trading’s Trailing Drawdown Work?
Leeloo Trading’s Trailing Drawdown is a dynamic risk management tool that adjusts in real-time based on unrealized profits during futures trading. For instance, in a $50,000 account with a $2,500 trailing drawdown, the minimum balance is initially set at $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 rather than the realized one. In Leeloo’s trading challenges, the trailing drawdown continually tracks the profits without a limit. However, for funded “Investor” accounts, it stops when the account balance exceeds the initial balance by $100. Conversely, the “Accelerator” option in Leeloo Trading does not employ a trailing drawdown.
What Are Leeloo Trading’s Trading Hours?
Leeloo Trading’s trading hours permit positions to be held during the one-hour market close from 5:00 PM EST to 6:00 PM EST and over weekends. In Practice Accounts, positions can be maintained during this period. However, Performance Accounts can hold up to 3 micro contracts during the close, while standard lots require administrative approval. Without permission, trades should be settled 15 minutes before the market close for each instrument, such as 4:45 PM EST for ES and 2:05 PM 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.