LeeLoo Trading – Firm Review
- Reputable marketplace since 2017
- Fast delivery on digital items
- Quality products at competitive rates
- Support team available 24/7
- Absolute satisfaction guaranteed for customers
Company Overview
LeeLoo Trading has emerged as a notable player in the proprietary trading industry, offering aspiring traders a pathway to access substantial capital without risking their own funds. Established to bridge the gap between talented traders and institutional capital, the firm provides a structured evaluation process through various challenge programs to identify skilled individuals.
What distinguishes LeeLoo Trading is their comprehensive approach to trader development, combining accessible account sizes with reasonable profit targets and drawdown limits. Their two-phase evaluation system (Challenge and Verification) ensures traders can demonstrate consistent performance before accessing funded accounts. With a focus on transparency and trader-friendly policies, LeeLoo Trading supports multiple trading platforms, offers a diverse range of financial markets, and provides clear guidelines that empower traders to succeed in their journey toward becoming professional proprietary traders.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time fee ranging from $49 to $699 depending on account size (5K to 200K)
- Professional Challenge – One-time fee ranging from $69 to $999 for accelerated evaluation with fewer restrictions
- Free Retry – Free second attempt if you fail the first challenge but achieved at least 50% of the profit target
- Discount Options – Special promotions and discounts available periodically for first-time customers
Account Types
- Standard Challenge: Traditional two-phase evaluation with balanced requirements suitable for most traders
- Professional Challenge: Accelerated program with more flexibility designed for experienced traders
- Funded Account: Live trading account with real capital after successfully completing both evaluation phases
- Demo Accounts: Available for practice and familiarization with the platform before taking the challenge
Profit Split Options
- Standard Split: 80/20 profit sharing (80% to the trader, 20% to LeeLoo Trading)
- Scaling Plan: Increase to 90/10 profit split after consistent profitability and reaching specific milestones
- Performance Bonuses: Additional rewards for exceptional trading performance and consistency
- No Hidden Fees: Clear profit distribution with no surprise deductions from trader earnings
Account Sizes
- $5,000: Entry-level account ideal for beginners with lower entry fee ($49 for Standard Challenge)
- $10,000: Popular starting point balancing capital and risk ($99 for Standard Challenge)
- $25,000: Mid-tier account for more experienced traders ($159 for Standard Challenge)
- $50,000: Advanced trading capital for serious traders ($259 for Standard Challenge)
- $100,000: Professional-level account for high-volume traders ($399 for Standard Challenge)
- $200,000: Maximum account size for elite traders ($699 for Standard Challenge)
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform with comprehensive charting tools and indicators
- MetaTrader 5 (MT5): Advanced version with more timeframes, analytical tools, and market accessibility
- TradingView: Web-based charting solution with social networking features and custom indicators
- Mobile Trading: Dedicated apps for iOS and Android devices for trading on the go
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock indices including S&P 500, NASDAQ, FTSE, and others
- Commodities: Gold, silver, oil, natural gas, and agricultural products
- Cryptocurrencies: Bitcoin, Ethereum, and other major digital currencies
- Futures: Various futures contracts across multiple asset classes
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | 30 days | 60 days |
| Profit Target | 8% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 10 days | 10 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | Unlimited | Unlimited |
| Profit Target | 10% | 5% |
| Daily Drawdown | 6% | 6% |
| Maximum Drawdown | 12% | 12% |
| Minimum Trading Days | 5 days | 5 days |
Challenge Specifications
- Max Allocation: Up to $200,000 initial funded account with potential to scale to $1,000,000
- Scaling: 25% account growth after every 10% profit with consistent performance
- Trading Competitions: Monthly competitions with cash prizes and account size increases
- Free Trial: 7-day demo account to test platforms before purchasing a challenge
- Profit Targets: Standard Challenge (8% phase 1, 5% phase 2), Professional Challenge (10% phase 1, 5% phase 2)
- Drawdown Structure:
- Daily: 5% in Standard Challenge, 6% in Professional Challenge
- Maximum: 10% in Standard Challenge, 12% in Professional Challenge
- Trailing: Applied after reaching 4% profit in funded accounts
Trading Rules and Requirements
- No overnight holding of positions on specific high-impact news days
- No excessive leverage usage beyond designated limits for each account size
- No arbitrage or latency trading strategies
- Minimum trading days requirement must be met (10 days for Standard, 5 days for Professional)
- Weekend holding permitted for most instruments except those with high weekend gap risk
- Maximum permitted lot size varies based on account size and instrument
- No copying trades from other accounts or signal providers
- Consistent trading style must be maintained throughout evaluation phases
Company Information
- Registered business with proper financial licensing
- Operating since 2020 with growing trader community
- 24/5 customer support via live chat, email, and phone
- Educational resources including webinars, tutorials, and trading guides
- Multiple office locations globally with headquarters in London
- Active social media presence and trader community forums
Payout Methods
- Bank Wire Transfer (3-5 business days)
- PayPal (1-2 business days)
- Skrill (1-2 business days)
- Neteller (1-2 business days)
- Bitcoin and other cryptocurrencies (24-48 hours)
- Minimum payout threshold: $100
- Bi-weekly payout schedule (1st and 15th of each month)
Trading Commissions
- Forex: $7 per standard lot round trip
- Indices: $6 per standard lot round trip
- Commodities: $8 per standard lot round trip
- Cryptocurrencies: 0.05% of position size
- No additional fees beyond standard commissions
- Volume discounts available for high-frequency traders
IP Rules
- VPN usage not permitted during challenge or funded phases
- Maximum of 2 different IP addresses allowed per account
- IP changes must be reported in advance via support ticket
- Mobile trading from different locations is permitted if notified
- Geographic restrictions apply to certain countries due to regulatory requirements
Video Review
LeeLoo Trading Review
Comprehensive review of LeeLoo Trading trading services
Unique Features
Trader Support
- One-on-one coaching sessions with professional traders
- Trading psychology workshops and webinars
- Community Discord server for trader interaction and support
- Weekly market analysis and trading opportunity reports
Technical Advantages
- Ultra-low latency connections to major exchanges
- Custom trading dashboard with performance metrics
- Proprietary risk management tools and calculators
- Advanced charting capabilities with custom indicators
Flexibility
- Unlimited time to complete the Professional Challenge
- Challenge pause option for vacations or emergencies
- Ability to trade multiple strategies on the same account
- Account reset option available for a small fee
Why Choose LeeLoo Trading?
LeeLoo Trading stands out in the crowded prop firm landscape by offering a balanced approach that focuses on trader success rather than just collecting challenge fees. Their evaluation process is designed to identify genuine trading talent while providing realistic conditions that prepare traders for long-term success.
Key advantages include:
- Trader-centric approach with reasonable evaluation parameters
- Transparent fee structure and profit-sharing model
- Extensive educational resources and community support
- Flexible challenge options for different trading styles
- Fast verification process and quick transition to funded accounts
- Competitive scaling system to grow account sizes
- Multiple financial markets and instruments available
- Reliable and prompt payout system
Frequently Asked Questions
How long does it take to get funded?
The time to get funded depends on your trading performance. After purchasing a challenge, you need to complete both the Challenge Phase and Verification Phase by meeting the profit targets and following the trading rules. For successful traders, this typically takes around 2-3 months total, though it can be faster for experienced traders using the Professional Challenge. Once you complete the verification phase, your funded account is typically set up within 1-3 business days.
Can I hold positions over the weekend?
Yes, LeeLoo Trading allows traders to hold positions over the weekend for most instruments. However, there are some restrictions on specific instruments that are subject to high weekend gap risk, particularly during major economic events or announcements. It’s recommended to check the platform’s trading calendar for any specific weekend restrictions. As a general risk management practice, the firm suggests reducing position sizes for weekend holdings to manage potential gap risks.
What happens if I break a rule?
Breaking trading rules typically results in consequences based on the severity of the violation. Minor infractions may result in warnings, while serious violations like using prohibited trading strategies could lead to account termination without refund. Maximum drawdown or daily loss limit violations automatically close the challenge. However, LeeLoo Trading does provide a “second chance” policy for certain violations if they appear unintentional, and their support team reviews each case individually. They also offer educational resources to help traders understand and comply with all rules.
Can I trade news events?
Yes, trading during news events is generally permitted at LeeLoo Trading, but with some important conditions. You can trade around regular economic news releases, but the platform recommends caution and proper risk management during high-impact events. Certain major economic announcements may have specific restrictions, particularly regarding overnight holding positions. The platform provides a regularly updated economic calendar highlighting events where additional caution or restrictions apply. The key requirement is maintaining reasonable risk management during volatile news periods.
How often can I withdraw profits?
LeeLoo Trading operates on a bi-weekly payout schedule, processing withdrawals on the 1st and 15th of each month. The minimum withdrawal amount is $100, and profits are typically processed within 1-5 business days depending on your chosen payment method. There are no restrictions on how much of your profit you can withdraw each cycle, allowing you to access your full earnings. For traders who consistently meet performance metrics, there’s also an option to request weekly payouts after three months of successful trading history.
