The Legends Trading prop firm offers a unique opportunity for qualified traders. Through a rigorous evaluation process, Legends Trading identifies skilled individuals and equip them with up to $250,000 in capital.
Founded by a team of experienced futures professionals led by Greg Khojikian (CEO with 20+ years of experience), The Legends Trading is a U.S. proprietary firm based in Calabasas, California. Recognizing the challenges faced by aspiring funded traders, Legends Trading was created to provide the tools and resources needed to succeed in the futures market.
The Legends Trading prop firm offers a unique opportunity for qualified traders. Through a rigorous evaluation process, Legends Trading identifies skilled individuals and equip them with up to $250,000 in capital. The firm stands out by offering industry-leading platforms like NinjaTrader and Tradovate, along with the flexibility of managing multiple accounts (up to 20). By providing access to significant capital, Legends Trading allows talented funded traders to take advantage of bigger opportunities while focusing on what matters most, honing their skills and achieving their trading goals. This minimizes risk for the trader while maximizing their potential for success.
Legends Trading understands the importance of financial control. Profitable traders have the power to request profits twice a month, ensuring a steady income stream and the ability to reinvest or withdraw funds as needed. This flexibility allows traders to adapt to changing market conditions and manage their finances strategically.
Additionally, Legends Trading provides a user-friendly and comprehensive trader dashboard. This centralized hub empowers traders to stay organized and optimize their strategies. With effortless performance tracking, trend analysis, and account management, traders have all the information they need to make informed decisions and achieve maximum success.
Legends Trading identifies talented individuals for potential investment in their trading careers. This evaluation process helps them assess who possesses the skills and discipline required to thrive in the futures market. The apprenticeship evaluations provide a controlled environment that mimics real-world trading. While valuable for assessment, these simulations have limitations. The goal is not just passing the test, but developing sustainable trading strategies.
Legends Trading offers user-friendly quick-start packages, including 5 Apprentice Legend account plans where, to be considered for a funded account, candidates must achieve the targeted profit goals designated in their selected plan and trade for a minimum of 7 days.
Step 1 | Showcase Your Talent:
Select your ideal plan and enter The Legend Trading Live Evaluation. This is your chance to shine! Demonstrate your trading prowess by achieving the designated profit target, implementing proper risk management, and maintaining your position size for ten days.
Step 2 | Embrace the Trading Combine:
Ready to take it up a notch? Step 2 is the Trading Combine. Here, you’ll put your skills to test in a realistic live trading environment. Prove your consistency by reaching the designated profit goal while maintaining active trading for the minimum required days without incurring liquidation. This step verifies your risk management skills and consistent growth potential.
Step 3 | Score a Funded Acount & Become a Master:
Successfully navigating the Apprenticeship unlocks your Live Performance Master Account. Now you’ll manage your own funded account, showcasing your expertise as you generate profits and request withdrawals. Legends Trading becomes your partner in your trading success story.
Apprentice Legend Accounts breakdown and pricing table:
The practive account offered by The Legends Trading is a great place to taste the waters, sharpen your trading skills and get comfortable with the platform before diving into the evaluation. It gives you access to Level 1 CME Bundle and Ninja Trader or Tradovate.
This practice account is designed for traders who prefer to take their time developing a solid trading trategy. It provides a risk-free environment to experiment, get a feel for the market and gain familiarity with the platform’s features before you start your official evaluation.
Note that you will be billed for your Legends Trading Subscription every 30 days until you pass the evaluation or cancel. If the Apprentice Evaluation is in a forfeited state, it will be automatically reset at renewal of your monthly subscription.
You can either reset the account to it’s starting status via a reset in the Traders Dashboard area and try again or you can cancel your subscription in the account section.
The Legends Trading futures prop firm offers a clear path to unlock your potential with no hidden rules. However, it is crucial to understand the essential rules that govern the funded process.
Fine-Tune Your Trading Strategy with Flexible Limits:
Apprenticeship Evaluation Objectives:
Rules:
After passing the Evaluation, your evaluation will be reviewed and a Master account will be sent to you to start the next phase of your journey.
Master Account Objectives
Rules:
Trade Freely with Unrestricted Access:
Trading Schedule:
Manage Multiple Accounts with Ease:
Master Account Update:
The prop firm understands that navigating the markets can be challenging. Note that if your Master Account was unsuccessful, it cannot be reset.
Here’s what happens next: Subscription stays active
Failing a Master Account doesn’t mean the end of your trading journey. You can always:
To ensure long-term success, Legends Trading prohibits certain tactics during the evaluation. These include:
Legends Trading handles violations on a case-by-case basis. Their goal is to educate traders on why these tactics don’t translate to real markets and guide them towards success.
Depending on the severity, intent, and your trading history, Legends Trading may take action, including: Warnings explaining the issue and its impact, deletion of the impacted trading day, account reset, and permanent closure.
Legends Trading empowers successful traders to access their profits quickly and conveniently.
Reaching the Legends Maker Stage:
Accessing Your Profits:
Payout Frequency & Minimums:
Maximum Payouts:
There are maximum withdrawal limits for the first three “withdrawal months” to ensure responsible risk management.
These limits are lifted after the third successful withdrawal month.
Maintaining Account Balance:
Legends Trading empowers you to trade with confidence and access a diverse range of markets with industry-leading trading platforms.
This combination of powerful trading platforms, mobile accessibility, and diverse market access allows you to tailor your trading experience and capitalize on opportunities across a wide spectrum of asset classes.
The futures prop firm has created an innovative way to keep traders engaged, offering a unique challenge that blends skill, strategy, and competition where traders, both seasoned veterans and novices, converge to showcase their prowess in the dynamic realm of futures trading. These Legends Trading tournaments give traders the chance to compete and thrive in a fair and inclusive environment.
The heart of The Legends Trading Tournaments lies in their dynamic ranking system. Participants can view their standings in real-time through the Legends Dashboard area, updated daily at the close of trading. This transparency not only fuels competition but also allows traders to gauge their performance, strategize, and adapt as the tournament progresses.
The tournament offers not only the glory of victory but also tangible rewards for the top 3 participants. The prize structures are designed to cater to a wide range of traders, from the novices to the seasoned, ensuring that every effort is recognized and rewarded.
Legends Trading presents a unique opportunity for aspiring funded futures traders. Their program offers a clear path to gain access to substantial capital, potentially propelling your trading career forward. CEO Greg Khojikian is committed to ethics and prioritizes quality over quantity with a step-by-step approach. If you’re a seasoned trader confident in your skills and comfortable with the performance demands, Legends Trading could be a valuable stepping stone. For less experienced traders, it may be prudent to start with the practice account to improve trading skills and build a solid foundation before attempting the Legends Trading Evaluation. With its focus on advanced tools and a commitment to fostering skilled traders, Legends Trading is well-positioned to become a serious contender in the competitive world of futures prop trading. The combination of a data-driven approach and a talent for nurturing top performers creates a strong foundation for sustained success. As Legends Trading continues to develop its capabilities and attract exceptional traders, it has the potential to disrupt the industry and establish itself as a market leader. Nonetheless, we recommend thoroughly analyzing the firm’s strengths and weaknesses and compare them to industry leaders like Topstep, Apex Trader Funding, and MyFundedFutures. Each one of these prop firms offer access to multiple account options for undercapitalized traders, enabling them to perform in the futures market. Just as Legends Trading, these prop firms grant you access to sophisticated trading platforms and futures contracts as well as offering attractive payout structures.
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