Level Up Traders – Firm Review
- Expert guidance from institutional pros
- Specialized training for market success
- Advanced tools boost trading performance
- Community support enhances learning journey
- Proven methodologies create winning strategies
Company Overview
Level Up Traders is an innovative proprietary trading firm designed to help traders access significant capital without the substantial personal investment typically required. Founded with the mission to empower traders of all experience levels, the company offers a structured pathway to trading professionally through their challenge-based evaluation system. Level Up Traders stands out for its trader-friendly rules, transparent fee structure, and comprehensive educational resources.
The firm supports various trading styles and provides access to multiple financial markets. Their two-phase evaluation process (Challenge and Verification) is designed to identify disciplined traders who can consistently follow risk management principles. Once traders successfully complete both phases, they gain access to funded accounts with profit-sharing arrangements. With responsive customer support and an active trading community, Level Up Traders creates an environment where aspiring professional traders can thrive.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time fee ranging from $99 to $799 depending on account size, ideal for traders seeking a balance of achievable targets and reasonable fees
- Professional Challenge – One-time fee ranging from $119 to $949 with more aggressive profit targets but higher potential rewards, designed for experienced traders
- No Monthly Fees – Once funded, traders don’t pay recurring fees, only sharing profits from successful trading
- Reset Fee Option – Discounted fee to restart a challenge after failing, typically 50% of the original challenge cost
Account Types
- Standard Challenge Account: Balanced requirements with 8% profit target across both phases, 5% daily drawdown limit, and 10% maximum drawdown
- Professional Challenge Account: Higher risk/reward profile with 12% profit target across both phases, 5% daily drawdown limit, and 10% maximum drawdown
- Funded Account: Live trading account with real capital after successful evaluation, maintaining the same drawdown rules with profit-sharing
- Scaling Account: Opportunities to increase account size based on consistent performance metrics
Profit Split Options
- Standard Profit Split: 80/20 split with traders keeping 80% of profits generated on funded accounts
- Scaling Benefits: Increased profit split up to 90/10 for consistently profitable traders after achieving specific performance milestones
- Profit Withdrawals: Bi-weekly withdrawal schedule for traders to access their earnings
- No Minimum Trading Period: Traders can request profit withdrawals as soon as they generate profits in the funded account
Account Sizes
- $10,000 Account: Entry-level option with $99-$119 challenge fee, ideal for beginners to develop trading discipline
- $25,000 Account: Mid-tier option with $199-$249 challenge fee, balanced for intermediate traders
- $50,000 Account: Popular choice with $299-$369 challenge fee, suitable for confident traders with proven strategies
- $100,000 Account: Advanced option with $499-$599 challenge fee, designed for experienced traders seeking significant capital
- $200,000 Account: Professional level with $799-$949 challenge fee, for established traders with robust risk management
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform with extensive technical analysis tools and customization options
- MetaTrader 5 (MT5): Advanced version offering improved analytical tools, additional timeframes, and more technical indicators
- Trade Monitoring Dashboard: Proprietary platform providing real-time statistics, performance metrics, and trading rule compliance
- Mobile Applications: Full mobile trading support for both MT4 and MT5 on iOS and Android devices
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock indices including S&P 500, NASDAQ, Dow Jones, FTSE, DAX, and more
- Commodities: Gold, silver, oil, natural gas, and other key commodities
- Cryptocurrencies: Major digital currencies with varied leverage options depending on regulations
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 8% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 5 days | 5 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 12% | 8% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 5 days | 5 days |
Challenge Specifications
- Max Allocation: Up to $200,000 initial account size with potential to scale up to $1,000,000 through consistent performance
- Scaling: Account size increases available after every 3 months of consistent profitability with a 10% account growth target
- Trading Competitions: Monthly competitions with additional prizes for top-performing traders including cash bonuses and account upgrades
- Free Trial: 7-day demo account available to test the platform before committing to a challenge
- Profit Targets: Standard (8% Phase 1, 5% Phase 2) and Professional (12% Phase 1, 8% Phase 2) with no time limits for achievement
- Drawdown Structure:
- Daily: 5% limit from the starting balance of each trading day
- Maximum: 10% total account drawdown from initial balance
- Trailing: No trailing drawdown, fixed against starting balance for clearer rules
Trading Rules and Requirements
- Weekend holding is permitted with reasonable position sizing (max 5% of account at risk)
- News trading is allowed but traders are advised to manage risk during high-volatility events
- Minimum 5 trading days required in both challenge and verification phases
- Maximum position size limited to 5% of account equity to prevent overexposure
- No EA restrictions – both manual and automated trading strategies permitted
- No minimum trade requirements beyond the 5 trading days
- Hedging is allowed across different instruments and within the same instrument
- No specific trading hours restrictions, 24/5 trading permitted
Company Information
- Founded in 2020 to provide accessible trading opportunities to skilled traders worldwide
- Available to traders from most countries with certain regulatory exceptions
- Customer support available via live chat, email, and Discord community
- Educational resources include webinars, trading guides, and strategy sessions
- Transparent company structure with proper risk management
- Active social media presence with regular updates and educational content
Payout Methods
- Bank Wire Transfer (3-5 business days)
- PayPal (1-2 business days)
- Wise/Transferwise (1-3 business days)
- Bitcoin and other cryptocurrencies (Same day processing)
- Bi-weekly payout schedule with no minimum withdrawal amount
- Rapid approval process typically completed within 24-48 hours
Trading Commissions
- Forex: Standard market spread plus $5 per lot commission
- Indices: Market spread plus $5 per lot commission
- Commodities: Market spread plus $5 per lot commission
- Cryptocurrencies: Market spread plus 0.1% commission
- All trading costs are transparently displayed in the trading platform
- No hidden fees or additional charges beyond stated commissions
IP Rules
- One IP address per trader allowed for security purposes
- VPN usage prohibited during trading evaluations
- IP change requests must be submitted through customer support
- Multiple accounts from same household require prior approval
- Geographic location must be consistent with registration details
- Travel notifications required if trading from different locations
Video Review
Level Up Traders Review
Comprehensive review of Level Up Traders trading services
Unique Features
Trading Advantages
- No time limits on challenges – complete at your own pace
- Weekend holding allowed with reasonable risk management
- News trading permitted with appropriate risk measures
- Fixed drawdown calculations rather than trailing drawdowns
- Automated trading strategies (EAs) permitted
Trader Support
- Comprehensive educational resources including webinars and strategy sessions
- Active Discord community with trader support channels
- One-on-one coaching options available for additional fee
- Weekly market analysis and trading opportunity newsletters
- Regular trading competitions with cash prizes and account upgrades
Why Choose Level Up Traders?
Level Up Traders stands out in the crowded prop trading space by focusing on creating trading conditions that closely resemble real-world scenarios while maintaining reasonable risk parameters. Their evaluation system is designed to identify disciplined and consistent traders rather than encouraging risky, short-term performance.
Key advantages include:
- No time limits on challenges – trade at your own pace without unnecessary pressure
- Generous 80/20 profit split favoring the trader with potential scaling to 90/10
- Trader-friendly rules allowing weekend holding, news trading, and EAs
- Fixed drawdown calculations providing clearer risk parameters
- Scaling program that rewards consistent performance with larger accounts
- Comprehensive educational resources and community support
- Transparent fee structure with no hidden costs
- Bi-weekly payouts with multiple withdrawal options including cryptocurrency
Frequently Asked Questions
How long does it take to get funded?
Once you complete both the Challenge and Verification phases, your funded account is typically set up within 24-48 hours. There’s no time limit to complete the evaluation phases, so your timeline depends entirely on your trading performance. Most successful traders complete the process in 1-3 months, though some particularly skilled or disciplined traders have completed both phases in as little as two weeks.
Can I hold positions over the weekend?
Yes, Level Up Traders allows weekend holding of positions. However, you should manage your risk appropriately as market gaps can occur between Friday’s close and Monday’s open. It’s recommended to keep weekend exposure limited to no more than 5% of your account equity to protect against unexpected volatility.
What happens if I break a rule?
Rule violations are handled on a case-by-case basis. Minor violations typically result in a warning, while serious infractions like using prohibited trading methods or attempting to manipulate the evaluation system will result in account termination without refund. If you’re unsure about a specific trading approach, it’s best to contact support before proceeding.
Can I trade news events?
Yes, you can trade during news events. Level Up Traders doesn’t restrict trading during high-impact economic announcements or other market-moving events. However, they strongly recommend using proper risk management during these volatile periods, including reduced position sizes and appropriate stop losses to protect your account.
How often can I withdraw profits?
Level Up Traders operates on a bi-weekly payout schedule. Once funded, you can request withdrawals of your profit share every two weeks with no minimum withdrawal amount. The approval process typically takes 24-48 hours, with payment processing times varying by your chosen withdrawal method (1-5 business days depending on the method selected).
