LeeLoo Trading Review July 2026

Leeloo Trading pays 100% of the first $12,500 in profits. Not 80%. Not 90%. The full amount goes to the trader with no firm share deducted. After that threshold, the split shifts to 90/10. The firm explicitly states this is not a profit split but the amount a trader receives from simulated profits for company risk mitigation. That structure, combined with no daily drawdown limit, swing trading with overnight and weekend holding, news trading with no restrictions, and a 3-step progression path that leads to Leeloo Elite (where the firm copies your trades with proprietary software), makes Leeloo one of the more distinctive futures prop firms in the market. This review covers every account type, the full funded pathway, and the details that matter.

What Is Leeloo Trading?

Leeloo Trading is a futures-only proprietary trading firm founded in 2019 by Jody Dahl. The firm is based in Montana and operates out of Dallas, Texas. Dahl comes from a family of farmers and ranchers in Central Montana. That background is not just a biographical detail. Futures trading originated from the need to protect farmers and commodities producers, and Leeloo's founding philosophy reflects that connection: patience, community support, and the understanding that success is not built through shortcuts.

The firm's CEO is Chris, who frequently appears in Leeloo's video content, blog posts, and social media communications. Leeloo operates as a performance-based trading and contest platform, providing simulated capital through its proprietary software. The firm offers a 14-day free trial for new members with 12 contracts and $100,000 in virtual capital, allowing traders to test the platform before committing any money.

Leeloo supports 15+ trading platforms, the widest platform selection of any futures prop firm: NinjaTrader 7/8, Rithmic R|Trader Pro, EdgeProX (Mac/Windows/Linux), MotiveWave, MultiCharts, ATAS, Sierra Charts, Bookmap X-Ray, Jigsaw Daytradr, Trade Navigator, VolFix, Finamark Systems, and Investor/RT. All accounts connect via Rithmic data infrastructure. Instruments include equity futures, FX futures, agricultural futures, energy, interest rate futures, metals, and crypto futures.

The Three-Step Path to Leeloo Elite

This is the progression structure that most competitor reviews either miss or mention in passing. Leeloo operates a three-stage funded pathway, and the final stage (Leeloo Elite) is where the model becomes meaningfully different from other prop firms.

Step 1: Practice Account. Purchase a simulated account, hit the profit target without breaching the drawdown, and trade for a minimum of 10 active US trading days. This is the evaluation phase.

Step 2: Performance Account (PA). Once the practice account qualifies, the trader moves into a Leeloo Performance Account. The PA is still simulated but carries payout eligibility. The trader must meet set benchmarks (30% rule, no flipping, drawdown compliance) and receives the potential opportunity to earn payouts through Leeloo's periodic performance-based contests.

Step 3: Leeloo Elite. Traders who prove consistency and discipline on their PA may receive an invitation to Leeloo Elite at Leeloo's sole discretion. At the Elite tier, the trader's account is copied via proprietary software. This means the firm routes the trader's strategies through its own capital using automated copy technology. The Elite invitation is not automatic. It is based on demonstrated long-term performance, and the decision rests entirely with Leeloo. For traders preparing to navigate the evaluation and PA stages, see our guide on how to pass a prop firm evaluation.

The Elite pathway is the structural differentiator. Most futures prop firms offer a sim-funded account with payout eligibility and stop there. Leeloo adds a third layer where consistent performers are identified and their strategies are replicated with real capital. The firm does not publish specific criteria for Elite invitations, which creates ambiguity, but the pathway itself signals that the firm has a mechanism for graduating top traders beyond simulated trading.

Account Types and Evaluation Structure

Leeloo offers the broadest range of account categories among futures prop firm challenges: Foundation (LL), Bundle (LB), Entry (LE), Weekly (WK), and specialty accounts (Express, Ignite, Glide). Every evaluation is a single-step process. Hit the profit target without breaching the trailing drawdown, trade for at least 10 days, and qualify for a Performance Account.

Foundation Accounts (LL)

The core evaluation option. Monthly recurring subscription. Account sizes from $25,000 (Aspire) to $300,000 (Explode). Each account comes with specific contract limits, profit targets, and trailing drawdown amounts. Resets cost $85. No time limit. The Leeloo Express variant is a 14-day non-recurring evaluation at a lower price point.

Bundle Accounts (LB)

Bundles are a cost-effective approach: purchase one bundle and receive three practice accounts at that size. Only one account within the bundle qualifies for a PA. If one account breaches, the other two remain active. A reset applies to only one account within the bundle, not the whole set. Non-recurring pricing. Bundles are available from $25K to $300K.

Entry Accounts (LE)

Entry accounts share the same qualification criteria as Foundation accounts but at lower monthly subscription costs. The trade-off: a limited payout structure. For the first four months on the PA, the trader receives 50% of requested amounts (request $1,000, receive $500). From the fifth month onward, the split shifts to 50/50 on all simulated profits. Entry accounts are designed for budget-conscious traders.

Weekly Accounts (WK)

Weekly accounts unlock weekly payout eligibility after qualifying. Available in $25K and $50K sizes. The initial payout requires 10 trading days. Subsequent payouts require 4 trading days between requests. WK accounts are classified as specialty accounts and are available only at specific times determined by Leeloo.

The Glide Account (Static Drawdown)

The Glide is Leeloo's dedicated micro and swing trading account, and the only account type with static drawdown. All other Leeloo accounts use trailing drawdown. The static floor on the Glide never moves regardless of profits earned. For traders who want a fixed risk boundary, the Glide is the option. For a comparison of how static and trailing drawdown differ, see our guide to trailing drawdown vs. EOD drawdown.

Foundation Account Comparison

Performance Account Rules

The 30% Rule

Daily profits on a Performance Account cannot exceed 30% of the net profit from the initial starting balance. This rule promotes responsible risk management and prevents single-day profit spikes from dominating the account. If a trader's PA has $10,000 in net profit, no single trading day should produce more than $3,000 in additional profit. The 30% rule is one of the most commonly cited reasons for payout disputes in Trustpilot reviews.

The No-Flipping Policy

"Flipping" refers to placing trades solely to meet minimum activity requirements without genuine trading intent. In Performance Accounts, less than 5% of trading days should be classified as flipping days. The firm manually reviews accounts before approving payouts, and flipping is one of the criteria assessed during that review. Multiple Trustpilot reviews report that the subjective nature of this assessment has led to payout denials.

Trailing Drawdown (LTMAB/ALTV)

All accounts except the Glide use a trailing drawdown. The Limited Trailing Minimum Account Balance (LTMAB) or Auto Liquidate Threshold Value (ALTV) tracks the highest unrealized profit point and trails upward accordingly. If the account equity falls below this trailing floor, the position auto-liquidates and the account is breached. The trailing drawdown tracks open equity intra-trade, not end-of-day balance.

No Daily Drawdown Limit

Leeloo does not enforce a separate daily loss limit on any account type. The trailing drawdown is the only risk floor. This is a significant structural advantage over firms that enforce both daily and overall drawdown limits. Traders can take larger intraday positions without hitting a separate daily cap.

Overnight and Weekend Holding

Traders can carry positions through the overnight close, weekends, holidays, and news events. On Performance Accounts, up to 3 micros can be held through market close without permission. Standard contracts or more than 3 micros require admin approval and sufficient profit to cover maintenance margin. All trades must be flat 15 minutes before market close unless admin permission is granted.

Profit Split and Payouts

The 100% First $12,500 Structure

Traders keep 100% of the first $12,500 in profits. After that, the split shifts to 90/10 (90% to the trader). Leeloo explicitly states this is not a profit split. It is the amount a trader receives of their simulated profits for company risk mitigation. The distinction matters legally: the firm frames payouts as contest prizes from performance-based competitions rather than profit sharing from live trading. The $12,500 threshold applies per account.

Payout Schedule and Methods

Payout requests must be submitted on the last Saturday of the month, between 2:00 AM ET and 5:00 PM ET. Requests are submitted via email to support or through the dashboard (requires Rise Works registration). Payouts process within approximately five business days. Methods include bank transfer, bank check, or PayPal (capped at $2,000 per withdrawal). Rise Works handles all payout processing. There are no withdrawal fees from Leeloo's side. Weekly accounts (WK) follow a separate weekly payout schedule.

Performance Account Fees

Once a trader qualifies for a PA, two fee options are available: $88/month recurring subscription, or $250 one-time fee. The one-time fee is designed for active traders who trade at least 12 days per month. Deliberately placing minimal trades to keep an account active is not permitted. A minimum of 30 calendar days of trading is required before the first PA withdrawal.

Trading Rules and What Is Allowed

Leeloo's rule set is among the most permissive in futures prop trading. No daily drawdown limit. No scaling restrictions. No maximum trading period. Positions can be held overnight, through weekends, holidays, and news events. Hedging within the same account is allowed. Traders can hold up to 10 accounts simultaneously. All CME Group futures instruments are available.

Copy trading between the trader's own accounts or with other users is prohibited. SIM abuse (exploiting the simulated environment in ways not reflective of live trading) is banned. Exceeding contract limits results in order rejection, not account termination, keeping enforcement non-punitive.

Platforms and Infrastructure

Leeloo supports 15+ trading platforms, the broadest selection among futures prop firms. NinjaTrader 7 and 8 are included with a complimentary SIM license key for every account. Rithmic provides the data infrastructure for all accounts. Platform options include NinjaTrader, Rithmic R|Trader Pro, EdgeProX (Mac/Windows/Linux), MotiveWave, MultiCharts, ATAS, Sierra Charts, Bookmap X-Ray, Jigsaw Daytradr, Trade Navigator, VolFix, Finamark Systems, and Investor/RT. Traders who need a specific platform will find it here. Firms like Apex Trader Funding and My Funded Futures offer narrower platform selections.

Leeloo also offers a proprietary mobile app (iOS and Android) for closing trades, participating in contests, and viewing trading progress from anywhere. The app includes a leaderboard showing weekly rankings by account type.

How to Get Started with Leeloo Trading

1. Visit leelootrading.com and select an account category (Foundation, Bundle, Entry, or Weekly).

2. Choose an account size ($25K to $300K).

3. Create an account with your full legal name (must match government-issued ID).

4. Complete payment. Download Rithmic R|Trader Pro and sign all Rithmic documents.

5. Connect your preferred platform to Rithmic.

6. Trade the evaluation: hit the profit target within the trailing drawdown over 10+ trading days.

7. Qualify for a Performance Account. Choose the $88/month or $250 one-time PA fee.

8. Register with Rise Works for payout processing.

9. Trade the PA following the 30% rule, no-flipping policy, and drawdown limits.

10. Submit payout requests on the last Saturday of the month. Prove consistency for potential Leeloo Elite invitation.

Who Is Leeloo Trading Best For?

Leeloo Trading is built for futures traders who want maximum rule flexibility and a clear progression path toward having their strategies copied with real capital. The absence of a daily drawdown limit, the ability to hold overnight and through weekends, and unrestricted news trading make Leeloo one of the most permissive futures prop firms available. The 100% payout on the first $12,500 provides immediate earnings without any firm share. Swing traders benefit from the Glide account (static drawdown) and overnight holding permissions. Among best prop firms in the futures space, Leeloo's platform breadth (15+ options) is unmatched.

Bundle accounts are the best value entry point. Three accounts for one non-recurring price, with only one needing to qualify, gives traders multiple shots at passing within a single purchase. The 14-day free trial allows platform testing before committing money. Firms like Earn2Trade and Alpha Futures offer structured progression paths, but Leeloo's Elite tier with proprietary copy technology is distinct.

Leeloo is less suitable for traders who need static drawdown on most accounts (only the Glide offers it). The trailing drawdown tracks unrealized equity intra-trade, which is tighter than EOD trailing used by many competitors. The monthly payout schedule (last Saturday only) is slower than firms offering weekly or on-demand payouts. The 30% rule and no-flipping policy introduce subjective review elements that have generated payout disputes. Performance Account fees ($88/month or $250 one-time) add ongoing cost after passing. Foundation account pricing ($250-$850/month recurring) is at the higher end of the market. Check the prop firm deals page for active Leeloo promotional codes.

Is Leeloo Trading Legit?

Leeloo Trading has operated since 2019, making it one of the older futures prop firms. The firm is US-based (Montana/Dallas, Texas) and founded by Jody Dahl, a publicly identified entrepreneur. CEO Chris is active on YouTube, social media, and community channels. The firm holds a 4.1/5 Trustpilot rating with 600+ reviews.

Positive reviews consistently highlight the flexible rules (no daily drawdown, swing trading allowed), the payout structure (100% on first $12,500), the wide platform selection, and responsive customer support. Negative reviews center on the 30% rule and no-flipping policy causing unexpected payout denials, the subjective nature of manual account reviews, and the monthly payout schedule being slow compared to competitors. Some traders report being offered moves to the Elite program after payout disputes, but find the Elite fees and rules unclear.

Leeloo uses Rithmic data infrastructure and supports NinjaTrader licensing, both recognized institutional-grade systems. The firm's 5+ year operational history, US registration, publicly active leadership, and consistent community engagement through Discord, YouTube, and social media position it as a well-established operator. The free trial and bundle options minimize initial financial risk for traders evaluating the firm