How Do I Get Started?
Our Legends Trading quick-start packages are easy to use. Select one of our trading packages based on your goals, skills, and comfort level. Trade in our Live Evaluation, and if you achieve the designated profit goal for the package you’ve selected, X-, properly managing your risk and position size, and trade for ten days you are eligible to move to step 2, our
What Happens if I Go Over My EOD Trailing Max Loss Parameters?
The Legends Trading programs are designed to simultaneously test your trading strategy and risk management skills. If you exceed your EOD Max Drawdown, your current evaluation will be disqualified from funding. You will need to purchase a Reset or wait until the renewal of your subscription for a complimentary Rest for Disqualified clients.
What Happens if I Achieve Guidelines but don’t Hit My Profit Goal?
While managing risk is one of the most important aspects of trading, making a consistent profit is also an essential criterion. The 7-day rule is the minimum needed for the Evaluation to be considered accurate, but candidates can take as long as they need to pass the evaluation.
What Happens if I Hit My Profit Goal, but Violate the 30% Consistency Rule?
To successfully pass the Apprenticeship Evaluation or make a withdrawal request from the Master account, your best day (largest winning day) must not exceed 30% of your profit target. If your best day equals or surpasses 30% of your profit target, don’t worry! Traders can continue trading until their best day % of total profit falls below the 30% threshold.
How Long Does It Take to Get Approved for a Legends Funded Trading Account?
Becoming a Legends Funded Trader can happen in as little as 7 days. First, you’ll demonstrate your skill in our Live Evaluation. Then, if you meet the simple criteria of that process, you’ll move on to the Live Simulation in Step 2. If you meet the requirements in our Live Simulation, you’ll be eligible for evaluation by one of our Funding Partners.
Can I Withdraw Profits at the Legends Master Account?
The Legends Master Account stage is to identify Future Legends that can show consistency in their performance. Once you’ve met the qualifications of minimum days traded and the profit goal, you’ll be able to request a profit payout immediately.
How Does a Payout Work for Master Account?
After qualifying for a Legends Master account, you’ll be able to request your profits through the client portal via Bank Wire, ACH, PayPal, and Crypto.
How Does a Payout Work for Funded Trading Accounts?
Once you are matched with one of our funding partners, your trades will be executed through a regulated, licensed brokerage. Simply log into the client portal and request funds which will be processed within 1-5 days.
What Trading Platforms Does Legends Offer?
Legends Trading offers trade execution on NinjaTrader and Tradovate.
Can I Manage Multiple Accounts at One Time?
Yes. You can manage multiple accounts at one time using the same credentials. Raising capital for your trading has never been easier than a few clicks away.