Overview
Trader's share
Capital allowance
Payout frequency
Year founded
Accounts allowed
Trading Platforms
NinjaTrader
Tradovate
RithmicTradable Assets
Payment Methods
Payout Methods
Key Features
Market Position
How Legends Trading compares to 15 other firms
Excellent value ($20)
Market average split
Top 10% funding capacity
Below average rating
2 years in business
Account Pricing
| Size | Type | Target | Drawdown | Daily Loss | Activation | Price | Action |
|---|---|---|---|---|---|---|---|
| Challenge | $1,500 | $1,500 End of Day | $1,500 | $99 | $165 $33-80% | Get Funded | |
| Challenge | $3,000 | $2,000 End of Day | — | $99 | $185 $37-80% | Get Funded | |
| Challenge | $6,000 | $3,000 End of Day | — | $149 | $225 $45-80% | Get Funded | |
| Challenge | $9,000 | $4,000 End of Day | — | $199 | $320 $64-80% | Get Funded |
| Size | Type | Target | Drawdown | Daily Loss | Activation | Price | Action |
|---|---|---|---|---|---|---|---|
| Challenge | $1,500 | $1,250 End of Day | — | Free | $99 $54-45% | Get Funded | |
| Challenge | $2,700 | $2,200 End of Day | — | Free | $149 $82-45% | Get Funded | |
| Challenge | $6,000 | $3,000 End of Day | — | Free | $180 $99-45% | Get Funded | |
| Challenge | $9,000 | $4,500 End of Day | — | Free | $230 $127-45% | Get Funded |
| Size | Type | Target | Drawdown | Daily Loss | Activation | Price | Action |
|---|---|---|---|---|---|---|---|
| Funded | $0 | $0 End of Day | — | Free | $399 $239-40% | Get Funded | |
| Funded | $0 | $0 End of Day | — | Free | $499 $299-40% | Get Funded | |
| Funded | $0 | $0 End of Day | — | Free | $599 $359-40% | Get Funded | |
| Funded | $0 | $0 End of Day | — | Free | $699 $419-40% | Get Funded |
Trading Analytics
Cost Calculator
Calculate your breakeven and ROI
$99
Price + activation fee
1 trades
At $500/trade
+$701
Max $800 payout
+708%
On first payout
Insight: With $500 profit per winning trade, you need 1 winning trades to recover your $99 investment.Your first payout could yield a 708% return on investment.
Risk-Reward Profile
How aggressive are the trading requirements?
6.0%
Profit Target
5.0%
Max Drawdown
1.20
Risk/Reward
What this means: Balanced risk profile with 6.0% profit target against 5.0% max drawdown. Suitable for most traders.
Payout Timeline
Your journey from funded to first payout
Pass Evaluation
Meet profit target & trading requirements
Trading Period
Meet trading requirements
First Payout
Available after 10 days
Twice a month
Ongoing payout schedule
Trading Rules
Trading Permissions
Evaluation Guidelines
Evaluation Overview
Account Types
1. Elite Plans (New)
One-time fee evaluation with NO activation fee. Features End-of-Day drawdown and 40% consistency rule.
2. Apprentice Plans (Standard)
Monthly subscription evaluation. Requires an activation fee upon passing. Features 30% consistency rule.
3. Straight to Master (Instant)
Skip the evaluation and start with a funded sim account immediately (higher cost). 30% consistency rule.
Trading Rules
Drawdown Policy
End-of-Day (EOD) Trailing Drawdown. The drawdown is calculated based on your balance at the end of the trading day. It trails until it reaches the Starting Balance + $100 (Safety Net).
Daily Loss Limit
None. There is NO daily loss limit on Apprentice or Elite evaluations.
Consistency Rule
Apprentice: 30% Consistency Rule (Best day < 30% of total profit).
Elite: 40% Consistency Rule.
Minimum Trading Days
5 Trading Days required to pass.
Trading Hours
Positions must be closed by 4:59 PM ET.
Hard Breach Rules
Evaluation fails if the Maximum Loss Limit is breached.
Phase Transition
What changes from Evaluation to Funded
Profit Target
No profit target in funded phase - trade freely!
Daily Loss Limit
Daily loss limit increases to $700
Restricted Countries
Legends Trading is not available in 53 countries
Traders from these countries cannot participate in evaluations
This list may change. Please verify eligibility directly with Legends Trading before purchasing.
Trust & Track Record
Credibility indicators for Legends Trading
Trust Score
89
Excellent
2+
Years Active
United States
Headquarters
Greg Khojikian
CEO / Founder
4.4
49 reviews
Trust Indicators
4/5 criteria metEstablished Business
2+ years
Verified Reviews
49 reviews
High Rating
4.4/5
Leadership Transparency
Greg Khojikian
Multi-channel Support
4 channels
Reviews & Verdict
The Upside
What we love
End-of-Day Drawdown
- Uses a true End-of-Day trailing drawdown that allows for intraday volatility without liquidating the account.
No Daily Loss Limit
- Traders have no daily loss limit on both evaluation and funded accounts, providing maximum flexibility.
Elite Plans (One-Time Fee)
- The 'Elite' account series requires a single one-time payment with NO activation fees upon passing, a significant cost saving compared to competitors.
Experience & Leadership
- Founded by Greg Khojikian (CEO of GFF Brokers), bringing over 20 years of futures industry experience and brokerage infrastructure.
Profit Split
- Legends Trading offers a 90/10 profit split once you’re funded.
The Downside
Room for improvement
Payout Caps (Probation)
- Payouts are capped for the first 3 months (e.g., $1,500 - $2,000 per withdrawal) to ensure risk management, which limits early windfall withdrawals.
Minimum Withdrawal Amount
- The minimum withdrawal amount is $1,000 for the first 3 months, which is higher than the industry standard ($100-$500).
Consistency Rules
- Strict 30% or 40% consistency rules apply to both evaluations and funded payouts, requiring steady sizing rather than big-hit trading.
Newer Track Record
- Established in 2024, the firm is relatively new, although backed by experienced leadership.
Community Reviews
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Frequently Asked Questions
Is Legends Trading a legitimate prop firm?
What is the profit split at Legends Trading?
Does Legends Trading allow scalping and news trading?
What platforms can I use with Legends Trading?
Is there a discount code for Legends Trading?
When can I withdraw my profits?
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