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Legends Trading

Futures prop firm with Elite Account program (one-time fee, no activation fee). 1-step evaluation with EOD trailing drawdown and 40% consistency rule on both eval and funded. Master (funded) accounts use buffer/cap payout model — 100% of profits above buffer, up to per-cycle cap ($800-$3,500). DLL on funded only (soft breach — positions liquidated for the day, unlocked next session). Scaling plan on funded (contract limits increase with profit). Must be flat by 3:55 PM CT. Up to 5 Master Accounts per trader. Tier-1 news trading allowed. Bonds strictly prohibited. No hedging. Payout via Rise. Platforms: Rithmic, Tradovate, NinjaTrader, TradingView, Sierra Chart, Quantower.

RithmicTradovateNinjaTraderTradingViewSierra ChartQuantowerMax 5 accountsFounded 2023Verified Yesterday
Official rules:Help Center·Help Center·Help Center·Help Center
Visit Legends TradingCompare

Trader Friendliness

71/100Good
Drawdown
65
Cost
75
Profit Split
100
Restrictions
50
Consistency
50

Best For

Trading styles that match this firm's ruleset — see all styles

☀️Day Trader
  • ✓News trading allowed
  • ✓EOD trailing (intraday profits safe)
  • ✓Low 6% profit target
🛡️Conservative / Grinder
  • ✓Scaling plan on funded
  • ✓No activation fee
  • ✓Up to 100% profit split
💰Budget Trader
  • ✓Starting at $119
  • ✓One-time fee (no subscription)
  • ✓No activation fee

Quick Math

Based on $50K

Key numbers inferred from Legends Trading's rules to help you plan your trading

Min Days to Pass

3 days

40% consistency → need 3+ profitable days

Daily Profit Target (Eval)

$900/day

$2,700 target over 3 days

True Cost to Start Funded

$151

$151 eval

First Payout Timeline

~5 days

5d winning

Daily Profit Goal (Funded)

$100/day

$500 min payout over 5 winning days

Max Single-Day Profit

$1,080

40% consistency cap on profit target

Drawdown Safety Margin

$2,200

$2,200 buffer once locked at initial

Best Profit Split

100%

Highest achievable trader profit share

Account Tiers

AccountProfit TargetMin DaysPriceDrawdown
$25K$1,500 (6%)—$119
EOD Trailing$1,250
$50KPopular$2,700 (5.4%)—$151
EOD Trailing$2,200
$100K$6,000 (6%)—$227
EOD Trailing$3,000
$150K$9,000 (6%)—$347
EOD Trailing$4,500
Elite eval. One-time $119 fee. No DLL. 40% consistency. 2 minis / 20 micros.
Elite eval. One-time $151 fee. No DLL. 40% consistency. 4 minis / 40 micros.
Elite eval. One-time $227 fee. No DLL. 40% consistency. 8 minis / 80 micros.
Elite eval. One-time $347 fee. No DLL. 40% consistency. 12 minis / 120 micros.

Time to Funded

No minimum

Elite Evaluation

No minimum

Funded

Master Account

No minimum trading days required

Drawdown Rules

TierPhaseTypeCalculationMax DrawdownDaily LimitLock BehaviorStrictness
$25K EliteEvaluationEOD TrailingBalance-based
$1,250
Floor: $23,750
NoneLocks at $25,000 after $1,250 profitModerate
$25K MasterFundedEOD TrailingBalance-based
$1,250
Floor: $23,750
$700Locks at $25,000 after $1,250 profitModerate
$50K MasterFundedEOD TrailingBalance-based
$2,200
Floor: $47,800
$1,200Locks at $50,000 after $2,200 profitModerate
$50K EliteEvaluationEOD TrailingBalance-based
$2,200
Floor: $47,800
NoneLocks at $50,000 after $2,200 profitModerate
$100K EliteEvaluationEOD TrailingBalance-based
$3,000
Floor: $97,000
NoneLocks at $100,000 after $3,000 profitModerate
$100K MasterFundedEOD TrailingBalance-based
$3,000
Floor: $97,000
$2,000Locks at $100,000 after $3,000 profitModerate
$150K EliteEvaluationEOD TrailingBalance-based
$4,500
Floor: $145,500
NoneLocks at $150,000 after $4,500 profitModerate
$150K MasterFundedEOD TrailingBalance-based
$4,500
Floor: $145,500
$3,000Locks at $150,000 after $4,500 profitModerate
Trailing drawdown follows your equity highs, which means early profits raise your floor. Once it locks at initial balance or profit target, the floor stops moving — so hitting the lock point early is a key strategy.
25K Elite eval: $1,250 EOD trailing. No DLL.
25K Master: $1,250 EOD trailing. DLL $700 (soft breach — positions liquidated, unlocked next session).
50K Master: $2,200 EOD trailing. DLL $1,200 (soft breach).
50K Elite eval: $2,200 EOD trailing. No DLL.
100K Elite eval: $3,000 EOD trailing. No DLL.
100K Master: $3,000 EOD trailing. DLL $2,000 (soft breach).
150K Elite eval: $4,500 EOD trailing. No DLL.
150K Master: $4,500 EOD trailing. DLL $3,000 (soft breach).

Consistency Rules

TierMax Single DayCalculationMin Winning DaysWinning Day MinStrictness
$25K Master
40%
Of total profit5 days$100Moderate
$50K Master
40%
Of total profit5 days$150Moderate
$100K Master
40%
Of total profit5 days$200Moderate
$150K Master
40%
Of total profit5 days$250Moderate
25K Master: 40% consistency. 5 winning days ($100+) required for payout.
50K Master: 40% consistency. 5 winning days ($150+) required for payout.
100K Master: 40% consistency. 5 winning days ($200+) required for payout.
150K Master: 40% consistency. 5 winning days ($250+) required for payout.

Trading Restrictions

Strict

Weekend Holding

Not Allowed

Copy Trading

Not Allowed

Must Be Flat By

3:55 PM CT

Auto-Liquidation

3:55 PM CT

25K Elite eval. Tier-1 news trading allowed. No hedging. Bonds prohibited. No flipping.

Payout Structure

TierProfit SplitFrequencyMin PayoutMax PayoutWinning DaysProcessing
$25K Master
100%
On Demand$500$8005 daysQuick review
$50K Master
100%
On Demand$500$2,0005 daysQuick review
$100K Master
100%
On Demand$500$3,0005 daysQuick review
$150K Master
100%
On Demand$500$3,5005 daysQuick review

Payout Methods

Rise

Payout Requirements

5 winning days ($100+ each) · Buffer clearance required

25K Master: 100% of profits above $1,000 buffer. Max $800/cycle. Min $500 withdrawal. 5 winning days ($100+). Payout via Rise. No payout window.
50K Master: 100% of profits above $1,500 buffer. Max $2,000/cycle. Min $500 withdrawal. 5 winning days ($150+). Payout via Rise.
100K Master: 100% of profits above $3,000 buffer. Max $3,000/cycle. Min $500 withdrawal. 5 winning days ($200+).
150K Master: 100% of profits above $3,500 buffer. Max $3,500/cycle. Min $500 withdrawal. 5 winning days ($250+).

Scaling Plan

$25K
StepTriggerMax Contracts
—
—
25K Master: 1→2 minis. Scale at $700 profit.
$50K
StepTriggerMax Contracts
—
—
—
50K Master: 2→3→4 minis. Scale at $1K and $2K profit.
$100K
StepTriggerMax Contracts
—
—
—
—
100K Master: 3→4→5→8 minis. Scale at $1K/$2K/$3K profit.
$150K
StepTriggerMax Contracts
—
—
—
—
150K Master: 3→4→7→12 minis. Scale at $1K/$2K/$3K profit.

Contract Limits

AccountMax ContractsMax Micro
$25K220
$50K440
$100K880
$150K12120
25K Elite eval: 2 minis / 20 micros.
50K Elite eval: 4 minis / 40 micros.
100K Elite eval: 8 minis / 80 micros.
150K Elite eval: 12 minis / 120 micros.

Allowed Instruments

10 instruments

Indices(4)

ESE-mini S&P 500CME$12.5/tick$50/pt
NQE-mini Nasdaq 100CME$5/tick$20/pt
RTYE-mini Russell 2000CME$5/tick$50/pt
YME-mini DowCBOT$5/tick$5/pt

Energy(1)

CLCrude OilNYMEX$10/tick$1,000/pt

Metals(1)

GCGoldCOMEX$10/tick$100/pt

Micro Contracts(4)

MCLMicro Crude OilNYMEX$1/tick$100/pt
MESMicro E-mini S&P 500CME$1.25/tick$5/pt
MGCMicro GoldCOMEX$1/tick$10/pt
MNQMicro E-mini NasdaqCME$0.5/tick$2/pt

Rule Change History

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