Legends Trading Overview

Profit Target

$6,000 profit target to pass the evaluation.

Maximum Drawdown

$3,000 maximum drawdown. End of Day (EOD) Trailing. Your maximum drawdown trails up at the end of each trading day based on your highest end-of-day balance. Intraday fluctuations do not affect the drawdown level.

Daily Loss Limit

No daily loss limit.

Consistency Rule

No consistency rule. You can pass in as few trading days as you like.

Minimum Trading Days

1 trading day required.

Maximum Contracts

Subscription

Monthly subscription ($107/month). Your account rebills every 30 days until you pass.

Reset Fee

$107 reset fee to restart your evaluation from the beginning.

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 Drawdown

$3,000 maximum drawdown. Once your balance reaches $103,100, the drawdown locks at $100,100 and no longer trails.

Daily Loss Limit

No daily loss limit.

Maximum Contracts

Consistency Rule

36% Consistency Rule. No single trading day's profit may exceed 36% of your total profit.

Minimum Trading Days

7 minimum trading days required on your funded account.

Minimum Profitable Days

7 profitable trading days required. A profitable day requires earning at least $200.

Maximum Accounts

Maximum 5 funded accounts per trader.

Inactivity Rule

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

Activation Fee

$129 one-time activation fee to start your funded account.

Resets

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

Trading Rules

• News trading is not permitted. Positions must be closed before major 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.

Profit Split

You keep 90% of your trading profits.

Payout Frequency

On-demand payouts. You need at least 7 profitable trading days before your earliest eligible payout.

Profit Goal

First payout requires $5,000 profit. Subsequent payouts require $3,000.

Payout Eligibility

Before requesting a payout: 7 profitable trading days required. A profitable day requires earning at least $200.

Winning Days Required

7 profitable trading days required for payout eligibility.

Minimum Balance

Your account balance must be at least $103,000 to request a payout.

Minimum Payout

$1,000 minimum per payout request.

Maximum Payout

$2,000 maximum per payout.

Buffer Requirement

$3,000 buffer must be maintained. You cannot withdraw into this buffer.

Processing Time

Payouts are typically processed within 2-5 business days after approval.

Path to Live

After reaching $30,000 in total profits, you may qualify for a live funded account with up to $10,000 in capital. You start with $3,000 in the live account.