Legends Trading Overview
No Verified Offer
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Account Size
Account Type
Drawdown Type
EOD
Max Allocation
$1,500,000
The Bottom Line
This editorial assessment is based on unverified public data and may not reflect the firm's actual offering.
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. They mainly offer end-of-day trailing drawdown challenges, but their Elite plan switches to intraday trailing on the funded account, meaning it adjusts in real time as your balance rises, including on unrealised gains. This is stricter than the EOD trailing drawdown. Payouts can be requested as quickly as 5 trading days on their Elite account or up to 7 trading days on their Apprentice account, with a stated processing time of 2-5 business days.
Strengths
- ✓90% profit split across all account types
- ✓Operating since 2017 (9 years)
- ✓Challenges from $59
- ✓Payouts as fast as 5 trading days on Elite accounts
- ✓News trading allowed
Weaknesses
- ✗Elite accounts use EOD trailing in evaluation but switch to intraday trailing when funded, which tracks unrealised gains in real time (Apprentice use a different drawdown type)
- ✗Consistency rule on Elite (40%, eval + funded), Apprentice (36%, funded only)
Who Should Choose Legends Trading?
Legends Trading Account Types & Sizes
Limited Reviews
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