How Do I Get Started?
Our Legends Trading quick-start packages are easy to use. Select the Apprentice Evaluation trading packages that best meets your goals, skills, and comfort level. If you achieve the designated profit goal for the Apprentice account package you’ve selected, properly managing your risk and position size, and trade for only 1 day you are eligible to qualify for our Master Account.
What is the difference between Tradovate & Rithmic connections?
All Legends Trading plans include a data connection, which is selected PRIOR to purchase. Each connection includes access to different trading platforms.
Tradovate connection includes access to NinjaTrader, Tradovate & TradingView.
Rithmic connections includes access to the R_Trader platform, as well as a connection to 3rd party trading screens. Please be aware that we do NOT support NinjaTrader with Rithmic. If you plan to use NinjaTrader, you must select Tradovate as your connection.
Prior to purchasing your plan, you will be prompted to select your connection, either Tradovate OR Rithmic connection.
What Happens if I Go Over My EOD Trailing Max Loss Parameters?
The Legends Trading programs are designed to simultaneously test your trading strategy and risk management skills. If you exceed your EOD Max Drawdown on an Apprentice account, your current evaluation will be disqualified from funding. You will need to purchase a Reset or wait until the renewal of your subscription for a complimentary Reset for disqualified clients. On a Master or Straight To Master account, if you exceed your EOD Max Drawdown, your account will liquidated and you will need to purchase a Reset if you plan to continue trading.
Can I Restore or Reset a Cancelled Subscription?
If you decide to cancel your subscription, please understand that this will lead to the permanent loss of your account, which cannot be recovered. We strongly advise ensuring that you no longer need access to your account before moving forward with the cancellation.
What Happens if I Hit My Profit Goal, but Violate the 35% Consistency Rule?
To make a withdrawal request from your Master account, your best day (largest winning day) must not exceed 35% of your profit target. If your best day equals or surpasses 35% of your profit target, don’t worry! Traders can continue trading until their best day % of total profit falls below the 35% threshold.
Can I Withdraw Profits from the Legends Trading Master Account?
The Legends Trading Master Accounts are used to identify Future Legends that can show consistency in their performance. Once you’ve met the qualifications of minimum days traded and the profit goal, you’ll be able to request a profit payout immediately.
How Does a Payout Work for Master Account?
After qualifying for a Legends Master account and meeting the trade requirements, you’ll be able to request your profits through the client Dashboard, which will be processed via Rise.
How Does a Payout Work for Funded Trading Accounts?
Once you are matched with one of our funding partners, your trades will be executed through a regulated, licensed brokerage. Simply log into the client portal and request funds which will be processed within 1-5 days.
Who Qualifies for the Live Program?
A trader becomes eligible for consideration for a Live Funded Account by meeting any of the following criteria:
Five (5) successful payouts achieved cumulatively across one or more Legends Sim Funded accounts.
OR
Three (3) successful payouts achieved within a single Legends Sim Funded account.
OR
$30,000 or more in total simulated payouts earned since the trader’s last Live transition, across one or more Legends Sim Funded accounts.
In addition, the Risk Management Desk reserves the right to advance traders to Live status at its discretion based on demonstrated exceptional consistency, disciplined risk management, and payout history, even if the above thresholds have not yet been met.
Can I trade Sim & Live accounts at the same time?
NO, you cannot trade Sim and Live accounts at the same time.
When you are promoted to Live Trading, you will forfeit all existing Sim accounts (including: Apprentice, Master Accounts & Elite Master Accounts) as part of your transition to Live Trading.
What happens if I Fail a Live Account?
You enter the Roll-Back Program, which provides up to 15 Elite evaluation attempts structured as:
3 Roll-Back Cycles
5 sim-funded accounts per cycle
2 required Roll-Back payouts
25 winning days minimum
After successful completion, you return to live at 50% of normal live funding.
What Trading Platforms Does Legends Offer?
Legends Trading offers trade execution on NinjaTrader/Tradovate and Rithmic Connected Platforms. You may also use Tradingview through Tradovate connections. Prior to purchasing a plan, you will need to select Tradovate or Rithmic connection.
Please note: You CANNOT use Ninja Trader through Rithmic connections.
Can I Manage Multiple Accounts at One Time?
Yes. You can manage multiple accounts at one time using the same credentials. Raising capital for your trading has never been easier than a few clicks away.
Can I Trade CBOT Financials?
Until further notice, we have disabled the trading CBOT Financials. If you are able to trade it, you will be automatically rejected in the master review process. Please be advised.
What are the Account Number Abbreviations?
Please review our article on: Account Number Abbreviations