Leveraged - Prop Firm Review
- Multi-asset CFD/forex prop firm (GetLeveraged Ltd, Saint Lucia) trading simulated capital on cTrader and MT5 — unregulated
- “Pay After You Pass”: start Turbo or Crypto for $8.88, pay the real fee only once you pass
- 80% split on every line — no higher tier, no paid upgrade
- 6% trailing drawdown that locks at your starting balance; Sprint uses a tight 1% static drawdown
- A 2-minute minimum hold rules out scalping; 20% consistency rule on funded payouts
Leveraged: the short version
- What it is: a multi-asset CFD/forex prop firm (GetLeveraged Ltd, Saint Lucia) trading simulated forex, indices, metals, commodities, stocks and crypto on cTrader and MT5. Several product lines, from a $5k Junior tier up to $1m.
- The hook: “Pay After You Pass” — on the Turbo and Crypto lines you start for $8.88 and pay the real fee only once you pass. That inverts the usual upfront-fee model and is the firm’s defining feature.
- The split: 80% across the board. There is no documented higher tier and no paid split upgrade.
- The drawdown: trailing on most lines — 6% max, locking at your starting balance once you are up 6%. Sprint is the exception, with a tight 1% static drawdown and 1% daily limit.
- The catch: a 2-minute minimum hold on every position, a 20% consistency rule on funded payouts, and a firm that keeps sole discretion over whether to mirror your trades at all.
- Best for: traders who want a near-free way in (Turbo/Crypto), unlimited time, and weekend holding — and who do not scalp, since sub-2-minute trades are flagged.
Last reviewed: 15 July 2026. Checked against Leveraged’s official help centre, product pages and Terms of Use. Figures below reflect the products on sale at the time of review; prop firm rules change often, so always confirm on the firm’s own pages before you buy.
Company and regulation
Leveraged is operated by GetLeveraged Ltd, registered in Saint Lucia (registration 2025-00808), with a stated head office in Limassol, Cyprus, and Cyprus governing law. It is not regulated, and its Terms disclaim it directly: “we are not a broker-dealer, trading platform… nor do we directly offer any financial advice,” positioning the business as “a technology company.” That is standard for the sector, and worth stating plainly before anything else.
The accounts are simulated throughout, including the funded stage. The Terms are explicit that the simulation funds are “fictitious,” and — unusually — that at the funded stage “we retain sole discretion over whether to execute any suggested trades.” The “up to $1m of capital” in the marketing is virtual capital, and your profit is paid as an 80% commission on simulated performance.
The products
Leveraged runs two overlapping naming systems — a “Portfolio Manager” career ladder and a set of named products. In practice the ones that matter are:
| Line | Steps | Target | Sizes | Entry |
|---|---|---|---|---|
| Turbo Trade | 1 | 6% | $10k–$200k | $8.88, pay rest on passing |
| Crypto | 1 | 6% | $10k–$150k | $8.88, pay rest on passing |
| Sprint | 1 | 2% | $10k–$100k | Paid upfront, from ~$49 |
| Junior / Senior / Executive | 1–3 | 5–10% | $5k–$1m | Paid upfront |
The split is 80% on every line, and we could find no higher tier or paid split upgrade anywhere on the site — so treat 80% as the number, not a starting point.
The rule that defines Leveraged: Pay After You Pass
Most prop firms take your fee up front and keep it whether you pass or fail. Leveraged’s headline products invert that, and it is the single most distinctive thing about the firm.
On the Turbo Trade and Crypto lines you pay just $8.88 to start the evaluation. You only pay the real fee — roughly $76 on a $10k account up to about $1,089 on a $200k — after you pass, as an activation step, with 30 days to pay before the funded offer expires. Fail, and you have risked $8.88.
This is genuinely trader-friendly, and it is the centrepiece of the firm’s marketing and its Trustpilot praise. It removes the biggest objection to challenge firms — paying a real fee for a coin-flip — and replaces it with a token entry cost. If you like the idea of proving yourself before you spend, this is a real advantage very few competitors match.
Two honest caveats. First, “pay after you pass” still means you pay a full-size fee to activate a simulated account — you are buying access to a payout stream, not funded capital. Second, the Sprint and Portfolio Manager lines are paid up front in the normal way, so the $8.88 hook applies only to Turbo and Crypto.
Drawdown and daily loss
Most lines use a trailing maximum drawdown of 6%. It starts 6% below your balance, trails up on new closed-balance highs, then locks at your initial starting balance once you are up 6% and never moves again. A breach is triggered on equity touching the line.
There is a familiar sting in the tail: after a payout the drawdown line sits at your starting balance, so withdrawing your buffer leaves no cushion — drop back to your starting equity and you breach. The daily loss limit (3% on most lines) is measured from the higher of balance or equity at 23:00 GMT+3, so it includes unrealised profit from the prior day’s high.
Sprint is the outlier: a 1% static drawdown and a 1% daily limit, a 2% target, and — unusually — news trading allowed and no minimum days. It is a fast, tight, cheap product with a very different risk profile from the rest.
Payouts and trading rules
- Cycle: every 14 days on the main lines; Sprint’s first withdrawal is instant.
- First payout (Turbo/Crypto): 14 days into the funded account, with at least 3 profitable days of 0.5% or more, and a consistency score under 20%.
- Processing: around 48 hours. Methods include wire, Revolut, debit card and crypto; a $25 fee applies on wire and Revolut.
- Consistency rule: your best day must be under 20% of total profit at payout, on funded Turbo and Crypto accounts. There is no consistency rule during the evaluation.
- Minimum hold: 2 minutes per position. Sub-2-minute trades and tick-scalping are flagged by the risk team and can lead to warnings, breach or termination.
- News trading is prohibited on all lines except Sprint; a trade around high-impact news is a soft breach that removes the profits.
- Overnight and weekend holding is allowed, though overnight hedging is banned on funded Turbo accounts.
- Prohibited: HFT, grid trading, cross-account or cross-firm hedging, signal copying, third-party management, latency and arbitrage plays.
There is no recurring monthly fee on funded accounts, and no separate reset product — a failed evaluation means buying a new attempt.
Verdict
Leveraged’s “Pay After You Pass” model is a real and rare advantage: an $8.88 entry on the Turbo and Crypto lines removes the usual gamble of paying a full fee for an uncertain evaluation, and the firm pairs it with unlimited time, weekend holding, a clean 80% split, and a genuinely educational framing. For a disciplined trader who wants a low-risk way to prove themselves, that is an attractive package.
Go in knowing the rest. The accounts are simulated, and the Terms let the firm decide whether to mirror your trades at all. The 2-minute minimum hold rules out scalping. The trailing drawdown leaves no cushion after a payout, and the 20% consistency rule gates how much you can take. And it is a young, Saint Lucia-registered, unregulated operator — so treat the low entry cost as what makes it worth trying, not as a substitute for the protections a regulated firm would carry. On balance, a genuinely interesting model that is easy to test cheaply, which is rather the point.
Frequently Asked Questions
Is Leveraged regulated?
No. Leveraged is operated by GetLeveraged Ltd, registered in Saint Lucia with a stated head office in Cyprus and Cyprus governing law. Its Terms state that it is not a broker-dealer or trading platform and does not offer financial advice, describing itself as a technology company. It is unregulated, as most prop firms are.
What is Leveraged’s Pay After You Pass?
On the Turbo Trade and Crypto lines you pay just $8.88 to start the evaluation and only pay the full fee — from roughly $76 to about $1,089 depending on account size — after you pass, as an activation step with 30 days to pay. If you fail, you have risked only $8.88. The Sprint and Portfolio Manager lines are paid upfront in the usual way.
What is the Leveraged profit split?
The split is 80% to the trader on every product line. We could not find any higher split tier or paid split upgrade anywhere on the site, so 80% should be treated as the actual figure rather than a starting point.
How does the Leveraged drawdown work?
Most lines use a 6% trailing maximum drawdown that trails up on new closed-balance highs and locks at your initial starting balance once you are up 6%, with breaches triggered on equity. The daily loss limit is typically 3%. The Sprint line is different, using a tight 1% static drawdown and a 1% daily limit.
Are Leveraged accounts simulated or live?
Simulated throughout, including the funded stage. The Terms state that the simulation funds are fictitious and that at the funded stage the firm retains sole discretion over whether to execute your suggested trades. Payouts are real money paid as an 80% commission on simulated performance.
Does Leveraged have a minimum hold time?
Yes. Every position must be held for at least 2 minutes. Trades closed inside two minutes, and tick-scalping generally, are flagged by the risk team and can lead to warnings, a breach, or termination. This makes Leveraged unsuitable for very short-term scalping strategies.
How do Leveraged payouts work?
Payouts run on a 14-day cycle on the main lines, with Sprint offering an instant first withdrawal. On funded Turbo and Crypto accounts the first payout needs 14 days, at least 3 profitable days of 0.5% or more, and a consistency score under 20%. Processing takes around 48 hours, with a $25 fee on wire and Revolut withdrawals.
Does Leveraged allow news trading?
News trading is prohibited on all lines except Sprint, where it is allowed. On the other lines, opening or closing a trade around high-impact news is treated as a soft breach and the associated profits are removed. Overnight and weekend holding are allowed across the lines.
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