Best Prop Firm Trading Opportunities for Aspiring Traders in 2025 PIPPO
Best Prop Firm Trading Opportunities for Aspiring Traders in 2025 PIPPO
4.5
by Fabian Shaw, Day Trader &
Accountability Coach @ Tradacc
Legends Trading offers a structured pathway for traders to demonstrate their trading skills and risk management proficiency. The firm's clear rules and emphasis on consistency make it suitable for disciplined traders. However, the lack of detailed scaling plans may require traders to seek additional information on long-term growth opportunities within the firm.
8/10
Legends Trading provides access to the futures market through platforms like NinjaTrader and Tradovate. The firm allows trading on various instruments, including indices and commodities, with no restrictions on trading days or news events. The use of real-time market data and advanced trading platforms supports efficient trade execution.
7/10
With monthly evaluation fees ranging from $165 to $225, depending on the account size, Legends Trading provides competitive pricing for traders seeking funded accounts. The profit targets and drawdown limits are in line with industry standards, offering reasonable value for the services provided.
8/10
Payouts are processed twice per month, with requests made between the 1st-5th paid out on the 15th, and requests made between the 15th-20th paid out on the last day of the month.
7/10
Legends Trading has established a transparent evaluation and funding process, with clear rules and guidelines available on their website. While specific Trustpilot reviews are not mentioned, the firm's detailed documentation and structured approach contribute to its credibility.
8/10
The firm offers 24/7 live chat support, ensuring that traders can receive assistance at any time. This level of accessibility indicates a strong commitment to customer service.
Learn more about Legends Trading
Profit targets are established based on the selected account size, aligning with the firm's structured evaluation process.
A minimum of 5 trading days is required to pass the evaluation phase, with no maximum time limit imposed.
Profit goals are set according to account size: $1,500 for a $25K account, $3,000 for a $50K account, and $6,000 for a $100K account.
To request a payout, traders must have completed at least 10 individual trading days and meet the required minimum account balance, which varies by account size.
Example:
For a $50K account, a trader must achieve a profit target of $3,000 and maintain a minimum account balance of $53,000 to request a payout.
Traders retain 90% of the profits, with the firm receiving a 10% share.
Consistency Rule: Traders must ensure that their best trading day does not exceed 30% of the total profits during the evaluation period.
Scaling: Scaling plans are not explicitly detailed; traders progress through the evaluation to the Master Account phase based on performance.
Max Risk: A trailing drawdown is applied, starting from the initial balance plus $100, which adjusts with profits.
Max Drawdown: The end-of-day trailing drawdown varies by account size, e.g., $1,500 for a $25K account, $2,000 for a $50K account, and $3,000 for a $100K account.
News Trading: Trading during news events is permitted; there are no blackout days.
Daily Drawdown: No specific daily drawdown limits are imposed; however, the trailing drawdown must not be breached.
Supported trading platforms include NinjaTrader and Tradovate, both accessible on Windows, macOS, and mobile devices.
Traders begin by selecting an evaluation plan and paying the associated monthly fee. Upon meeting the profit target and adhering to the trading rules, they progress to a Master Account, where they can continue trading and request payouts.
Monthly evaluation fees are set at $165 for a $25K account, $185 for a $50K account, and $225 for a $100K account. Specific activation and reset fees are not detailed.
The $50K account offers a balanced approach, with a manageable profit target and drawdown limit, making it suitable for traders seeking a moderate challenge with reasonable capital.
As of May 2025, Legends Trading is offering promotional discounts of up to 80% off on select products for members. These offers are subject to change, and traders should check the official website or authorized coupon platforms for the most current promotions.
Legends Trading provides discounted commissions and low margins for futures trading. While specific commission fees per contract are not publicly disclosed, the firm emphasizes cost savings for traders. It's recommended that traders consult directly with Legends Trading or refer to their trading platform's fee schedule for detailed information on commission structures.
Legends Trading offers funded traders access to a variety of instruments within the futures market. These include major equity indices such as the S&P 500, Nasdaq, and Dow Jones, as well as commodities like crude oil, gold, and natural gas. Traders can also engage in currency futures and other products available on exchanges like CME, CBOT, NYMEX, and COMEX. This diverse range allows traders to apply their trading strategies across different market sectors.
4.5Legends Trading outlines a comprehensive evaluation process leading to funded trading accounts. The firm's transparency in rules and procedures, along with accessible support channels, supports its legitimacy in the futures proprietary trading industry.
Legends Trading provides a Help Center with resources covering various aspects of the trading process, including platform setup, evaluation guidelines, and account management. These materials are designed to support traders in developing their trading skills and understanding the firm's procedures.
Learn from the Funding Accelerator to discover the key to trading success.Legends Trading is a futures proprietary trading firm that provides traders with access to capital upon successful completion of their evaluation process. The firm supports trading on platforms such as NinjaTrader and Tradovate, which are compatible with Windows, macOS, and mobile devices. This flexibility allows traders to engage with the markets using their preferred devices.
Legends Trading accepts traders from many countries; however, due to regulatory and compliance reasons, certain countries are restricted. These include Afghanistan, Belarus, Bolivia, Botswana, Burkina Faso, Cambodia, Cameroon, Central African Republic, Côte d’Ivoire, Cuba, Democratic Republic of the Congo, Ethiopia, Ghana, Haiti, Iran, Iraq, Laos, Lebanon, Libya, Mali, Mozambique, Myanmar, and the Netherlands. For a complete and updated list, please refer to Legends Trading's official resources.
Traders at Legends Trading are not liable for losses incurred during trading. The only financial obligations are the evaluation, activation, and reset fees. Once these fees are paid, traders are not responsible for any trading losses beyond their initial investment.
Yes, traders can be banned from Legends Trading for violating trading rules or engaging in prohibited activities. This includes, but is not limited to, exploiting the system, collusion, or any form of fraudulent behavior. The firm emphasizes the importance of adhering to its guidelines to maintain a fair trading environment.
Proprietary trading firms, commonly known as prop firms, provide traders with access to the firm's capital to trade financial instruments. In return, traders share a portion of the profits they generate. This model allows traders to leverage more significant capital without risking their own funds, while firms benefit from the traders' performance.
Legends Trading has established itself as a reputable entity in the proprietary trading industry. The firm is known for its transparent operations, timely payouts, and supportive trading environment. Numerous traders have reported positive experiences, indicating that Legends Trading is a reliable platform for those looking to engage in futures trading.
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