Overview
The verified Legends Trading promo code is LUMI, which gives you 60% off your Legends Trading evaluation. Enter code LUMI at checkout. Verified active as of July 2026.
Trader's share
Capital allowance
Payout frequency
Year founded
Accounts allowed
Trading Platforms
NinjaTrader
Tradovate
RithmicTradable Assets
Funding Models
Payment Methods
Payout Methods
Key Features
Account Pricing
| Size | Type | Target | Drawdown | Daily Loss | Activation | Price | Action |
|---|---|---|---|---|---|---|---|
| Challenge | $3,000 | $2,000 End of Day | — | $99 | $59 $24-60% | Get Funded | |
| Challenge | $6,000 | $3,000 End of Day | — | $129 | $107 $43-60% | Get Funded | |
| Challenge | $9,000 | $4,500 End of Day | — | $149 | $138 $55-60% | Get Funded |
| Size | Type | Target | Drawdown | Daily Loss | Activation | Price | Action |
|---|---|---|---|---|---|---|---|
| Challenge | $1,500 | $1,250 End of Day | — | Free | $119 $83-30% | Get Funded | |
| Challenge | $2,700 | $2,200 End of Day | — | Free | $151 $106-30% | Get Funded | |
| Challenge | $6,000 | $3,000 End of Day | — | Free | $227 $159-30% | Get Funded | |
| Challenge | $9,000 | $4,500 End of Day | — | Free | $347 $243-30% | Get Funded |
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.
Policies & Conditions
IP / Location Restrictions Apply
Legends Trading verifies your trading location. Logging in from restricted regions or masking your location may put your account at risk.
Payout Policy
Profit Split is 90% to the trader and 10% to the firm. Payouts are processed twice a month (requests open 1st-5th and 15th-20th). There is a minimum withdrawal of $1,000 for the first 3 months and payout caps apply during this probationary period (e.g., $2,000 max per payout on a 50K account).
Payout Processing Time
Payouts are processed within 1-5 business days via Plane (Rise, Crypto, Wire).
Daily Payouts
Not Allowed
Payouts are processed twice a month (bi-monthly).
1-Day Pass
Not Allowed
Minimum of 5 trading days is required to pass the evaluation.
VPN Usage
Not Allowed
VPN usage is restricted to ensure location compliance.
Dollar-Cost Averaging
Allowed
DCA is allowed within risk parameters.
Micro-scalping
Allowed
Scalping is permitted.
Bots & Algorithms
Not Allowed
Fully automated trading systems are generally prohibited.
High-Frequency Trading
Not Allowed
HFT strategies are strictly prohibited.
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
Rating
87
Excellent
2+
Years Active
United States
Headquarters
Greg Khojikian
CEO / Founder
4
63 reviews
Trust Indicators
4/5 criteria metEstablished Business
2+ years
Verified Reviews
63 reviews
High Rating
4/5
Leadership Transparency
Greg Khojikian
Multi-channel Support
4 channels
Trading Analytics
Cost Calculator
Calculate your breakeven and ROI
$83.3
Price + activation fee
1 trades
At $500/trade
+$716.7
Max $800 payout
+860%
Max ROI on first payout cap
Insight: With $500 profit per winning trade, you need 1 winning trades to recover your $83.3 investment.At the maximum payout cap, your first cycle could return up to 860%.
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
Every 7 days
Ongoing payout schedule
Market Position
How Legends Trading compares to 16 other firms
Great pricing ($48)
Market average split
Average funding capacity
Below average rating
2 years in business
Frequently Asked Questions
Is Legends Trading a legitimate prop firm?
Yes, Legends Trading is a legitimate prop trading firm established in 2024. It has a customer rating of 4/5 and is based in United States.
What is the profit split at Legends Trading?
Legends Trading offers a profit split up to 90%. This is competitive within the industry.
Does Legends Trading allow scalping and news trading?
Scalping is allowed. News trading is allowed during the evaluation phase.
What platforms can I use with Legends Trading?
Legends Trading supports the following trading platforms: NinjaTrader, Tradovate, Rithmic.
What is the Legends Trading promo code?
The Legends Trading promo code is LUMI. Enter LUMI at checkout to get 60% off your Legends Trading evaluation.
How much can I save with the Legends Trading discount code?
Using the Legends Trading discount code LUMI saves you 60% on your evaluation fee. This is the best verified Legends Trading coupon code available for 2026.
When can I withdraw my profits?
Payouts are processed Every 7 days. Profit Split is 90% to the trader and 10% to the firm. Payouts are processed twice a month (requests open 1st-5th and 15th-20th). There is a minimum withdrawal of $1,000 for the first 3 months and payout caps apply during this probationary period (e.g., $2,000 max per payout on a 50K account).
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Recent Updates
Updated Legends Trading review with latest pricing, active promo codes, and verified payout processing times. Confirmed active status for 2026.
Routine check of trading rules and platform availability. No major changes detected in terms of service.
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