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Legends Trading
Legends Trading
Legends Trading

Legends Trading Overview

CEO:Greg Khojikian
United StatesFlag of United States
Founded:2017
Trustpilot:4/5
Prop Score
—
Not Yet Rated
4.7
3 total reviews
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4
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40% off all plans & accounts

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Broker
Tradovate
Tradovate
NinjaTrader
NinjaTrader
Payment Options
Credit Card
Credit Card
Payout Methods
Rise
Rise

Account Size

Account Type

Drawdown Type

EOD

Max Allocation

$1,500,000

Daily Loss Limit

No daily loss limit.

Trading Rules

  • News trading is permitted. You may hold trades through news events.
  • Positions must be closed before market close on Friday. Failure to close positions may result in an automatic breach.
  • Overnight holding is not permitted. All positions must be closed by end of each trading session (typically 5:00 PM ET for futures).
  • Hedging is not permitted. You cannot hold opposite positions (long and short) on the same instrument at the same time.
  • Holding mini and micro contracts at the same time is allowed.
  • Copy trading is permitted. You may copy trades between your own accounts.
  • Automated trading is not permitted. Manual trading only.

Maximum Accounts

Maximum 5 funded accounts per trader.

Inactivity Rule

Account will be closed after 30 consecutive days without placing a trade.

Resets

No resets available. If you breach, you must purchase a new account.

Profit Split

You keep 90% of your trading profits.

Payout Frequency

On-demand payouts (if requirements are met).

Path to Live

Eligible for live funding after 5 successful payouts. Maximum live funding: $10,000.

Legends Trading Compatible Tools (2)

Tools that support the same trading platforms

The Bottom Line

Last updated October 2026

Legends Trading has been around since 2017, making it one of the longer-running firms in the space. They offer 2 account types with challenge fees ranging from $59 to $347. Funded traders receive a 90% profit split. Payouts can be requested as quickly as 5 trading days on their Elite account or up to 7 trading days on their Apprentice account.

Strengths

  • ✓90% profit split across all account types
  • ✓Operating since 2017 (9 years)
  • ✓40% discount currently available
  • ✓Challenges from $59
  • ✓Payouts as fast as 5 trading days on Elite accounts
  • ✓News trading allowed

Weaknesses

  • ✗Consistency rule on Elite (40%, eval + funded), Apprentice (35%, funded only)

Who Should Choose Legends Trading?

Active traders who want frequent payouts (every 5 trading days)Budget-conscious traders (challenges from $59)Traders aiming for a path to live funded tradingScalpers and news traders with no minimum hold time restrictions
4.7
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Legends Trading
Legends Trading40% OFF
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Frequently Asked Questions About Legends Trading

Legends Trading payouts by plan: Elite: on demand, capped at $800 (25K) to $3,500 (150K) per payout; and Apprentice: on demand, capped at $1,200 (50K) to $2,500 (150K) per payout. The profit split is 90% on every plan. Payout methods: Rise.

Every Legends Trading plan uses end-of-day (EOD) trailing drawdown. An end-of-day trailing drawdown is recalculated from your closing balance after each session, so the floor does not move up while you trade.

Legends Trading consistency rule by plan: Elite: 40% during the evaluation, 40% once funded; and Apprentice: 35% once funded. A consistency rule caps how much of your total profit a single trading day may make up.