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Understanding Leeloo Trading: An In-depth Review
Leeloo Trading is a renowned proprietary trading firm that offers opportunities for traders to trade with its capital. The firm operates on a unique business model where traders get evaluated based on their performance, and successful ones are awarded trading accounts. This article delves into the various aspects of Leeloo Trading, highlighting its business model, advantages, disadvantages, as well as its affiliate program.
Leeloo Trading operates under Natural Trading LLC, a proprietary trading firm based in the United States. The firm is known for its Evaluation Program, a distinctive platform designed to evaluate the trading skills of traders. The primary aim of this program is to identify skilled traders who can successfully manage the company’s capital.
The company offers two evaluation programs: the Leeloo Express and the Regular Evaluation. The Leeloo Express allows traders to qualify for a funded trading account within ten trading days, whereas the Regular Evaluation is for those who prefer a slower pace. The firm allocates trading accounts ranging from $50,000 to $150,000 based on the performance of traders in the evaluation phase.
Advantages of Leeloo Trading
The appeal of Leeloo Trading lies in its unique features and benefits. One significant advantage is their risk-free trading environment. Leeloo provides the capital, meaning traders do not risk their own money. Additionally, Leeloo does not require traders to make any initial capital contribution, unlike most proprietary trading firms.
The firm also allows traders to keep 100% of the first $8,000 they make in profits and 80% of the profits thereafter. This generous profit-sharing ratio is a major attraction for traders.
Leeloo Trading is also known for its flexible trading rules. The firm allows traders to trade any CME Group futures, providing a wide range of trading options. Furthermore, traders can trade 24/6, offering flexibility to accommodate differing schedules and trading strategies.
Another advantage of Leeloo Trading is that it offers an opportunity for growth. It provides traders with a doubling plan that doubles the trading account size for every 10% profit increment, up to a maximum account size of $1.28 million.
Disadvantages of Leeloo Trading
Despite the many benefits, there are also potential drawbacks to consider. Leeloo Trading has strict rules for the Evaluation Program. Traders must reach the profit target within a specified duration, and any violation of the trading rules may result in disqualification.
Another disadvantage lies in the lack of educational resources. While Leeloo Trading provides an excellent platform for trading and evaluation, it does not offer educational support for novice traders to learn and refine their trading skills.
Leeloo Trading also charges a monthly fee for its Evaluation Program, which can be a deterrent for some traders. However, it’s crucial to note that this fee is generally lower than the costs associated with trading personal capital.
Leeloo Trading Affiliate Program
Besides its core trading business, Leeloo Trading also offers an Affiliate Program. Through this program, members can earn a commission by referring new traders to the company. This program can be an attractive option for those looking for additional income streams. The firm provides all the necessary promotional materials, such as banners and tracking links, to help its affiliates succeed.
Conclusion
In summary, Leeloo Trading presents a valuable opportunity for skilled traders to trade with company-provided capital. With a risk-free trading environment, generous profit-sharing, and an opportunity for growth, it’s certainly worth considering. However, potential traders should be aware of the strict Evaluation Program rules and the lack of educational resources.
Moreover, the Leeloo Trading Affiliate Program is an excellent avenue for individuals to earn additional income by referring new traders to the company. All in all, Leeloo Trading is a commendable firm that provides a unique and beneficial platform for traders worldwide.
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