
Reviewed by LumiTraders
Legends Trading is a US-based futures prop firm founded by industry veteran Greg Khojikian (CEO of GFF Brokers). It distinguishes itself with a trader-friendly End-of-Day (EOD) drawdown model, no daily loss limits on evaluations, and the option for 'Elite' plans which feature a one-time fee with no activation charges.
The verified Legends Trading promo code is LUMI, which gives you 50% off your Legends Trading evaluation. Enter code LUMI at checkout. Verified active as of August 2026.
Trader's share
Capital allowance
Payout frequency
Year founded
Accounts allowed
| Size | Type | Target | Drawdown | Daily Loss | Activation | Price | Action |
|---|---|---|---|---|---|---|---|
| Challenge | $3,000 | $2,000 End of Day | — | $99 | $59 $30-50% | Get Funded | |
Payouts FrequencyEvery 7 daysMin Payout$1,000Max / Cycle$1,200Consistency35% Rule | |||||||
| Challenge | $6,000 | $3,000 End of Day | — | $129 | $107 $54-50% | Get Funded | |
Payouts FrequencyEvery 7 daysMin Payout$1,000Max / Cycle$2,000Consistency35% Rule | |||||||
| Challenge | $9,000 | $4,500 End of Day | — | $149 | $138 $69-50% | Get Funded | |
Payouts FrequencyEvery 7 daysMin Payout$1,000Max / Cycle$2,500Consistency35% Rule | |||||||
| Size | Type | Target | Drawdown | Daily Loss | Activation | Price | Action |
|---|---|---|---|---|---|---|---|
| Challenge | $1,500 | $1,250 End of Day | — | Free | $119 $77-35% | Get Funded | |
Payouts FrequencyTwice a MonthMin Payout$500Max / Cycle$800Consistency40% Rule | |||||||
| Challenge | $2,700 | $2,200 End of Day | — | Free | $151 $98-35% | Get Funded | |
Payouts FrequencyTwice a MonthMin Payout$500Max / Cycle$2,000Consistency40% Rule | |||||||
| Challenge | $6,000 | $3,000 End of Day | — | Free | $227 $148-35% | Get Funded | |
Payouts FrequencyTwice a MonthMin Payout$500Max / Cycle$3,000Consistency40% Rule | |||||||
| Challenge | $9,000 | $4,500 End of Day | — | Free | $347 $226-35% | Get Funded | |
Payouts FrequencyTwice a MonthMin Payout$500Max / Cycle$3,500Consistency40% Rule | |||||||
The Apprentice Plan is designed as an entry-level evaluation program for traders looking to demonstrate their trading capabilities and earn funded account status.
Activation Fee: $99 (50k), $129 (100k), $149 (150k)
There is no consistency requirements during Evaluation phase.
There are no blackout days on the Legends Trading platform. We want you to succeed by making our terms simple and easy to use.
No Trade Flipping - Flipping is defined as entering and exiting a position within an extremely short period of time—often within seconds—with the intent to capture minimal price movements rather than executing a structured trade.
No Hedging Trades - Placing opposing positions, and the use of offsetting or mixed positions across the same or similar product groups—including indexes with indexes, metals with metals, and energy products with energy products—are strictly prohibited.
If you have broken a rule of the Evaluation, such as, you reached the drawdown threshold (max loss), you will forfeit your Evaluation.
You can easily purchase a Reset in the Dashboard at anytime.
A failed evaluation does not cancel the account automatically.
You can either Reset the account to it's starting status via a Reset in the Traders Dashboard area or wait until your billing renewal time and your account will be Reset automatically.
The billing for the Evaluation Plan will recur every 30 days if you do not cancel or pass the evaluation.
The evaluation phase now features four account sizes — $25K, $50K, $100K, and $150K — each designed to balance opportunity and discipline.
Traders pay a one-time fee with no activation or recurring charges, ensuring a fair, cost-effective start.
No daily loss limits - traders can manage their positions naturally, focusing on total drawdown management rather than intraday restrictions.
40% consistency rule.
Evaluation fails if the Maximum Loss Limit is breached.
Legends Trading verifies your trading location. Logging in from restricted regions or masking your location may put your account at risk.
Profit Split is 90% to the trader and 10% to the firm. Traders can request payouts anytime during the month - there is no payout window!
Payouts are processed within 1-5 business days via Plane (Rise, Crypto, Wire).
Traders can request payouts anytime during the month - there is no payout window!
Minimum of 5 trading days is required to pass the evaluation.
VPN usage is restricted to ensure location compliance.
DCA is allowed within risk parameters.
Scalping is permitted.
Fully automated trading systems are generally prohibited.
HFT strategies are strictly prohibited.
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
Traders from these countries cannot participate in evaluations
This list may change. Please verify eligibility directly with Legends Trading before purchasing.
See the full Legends Trading restricted-country listCredibility indicators for Legends Trading
Rating
86
Excellent
2+
Years Active
United States
Headquarters
Greg Khojikian
CEO / Founder
3.7
151 reviews
Established Business
2+ years
Verified Reviews
151 reviews
High Rating
3.7/5
Leadership Transparency
Greg Khojikian
Multi-channel Support
4 channels
Calculate your breakeven and ROI
$77.35
Price + activation fee
1 trades
At $500/trade
+$722.65
Max $800 payout
+934%
Max ROI on first payout cap
Insight: With $500 profit per winning trade, you need 1 winning trades to recover your $77.35 investment.At the maximum payout cap, your first cycle could return up to 934%.
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.
Your journey from funded to first payout
Pass Evaluation
Meet profit target & trading requirements
Trading Period
Meet trading requirements
First Payout
Available after 7 days
Every 7 days
Ongoing payout schedule
How Legends Trading compares to 16 other firms
Great pricing ($60)
Market average split
Average funding capacity
Below average rating
2 years in business
Yes, Legends Trading is a legitimate prop trading firm established in 2024. It has a customer rating of 3.7/5 and is based in United States.
Legends Trading offers a profit split up to 90%. This is competitive within the industry.
Scalping is allowed. News trading is allowed during the evaluation phase.
Legends Trading supports the following trading platforms: NinjaTrader, Tradovate, Rithmic.
The Legends Trading promo code is LUMI. Enter LUMI at checkout to get 50% off your Legends Trading evaluation.
Using the Legends Trading discount code LUMI saves you 50% on your evaluation fee. This is the best verified Legends Trading coupon code available for 2026.
Payouts are processed Every 7 days. Profit Split is 90% to the trader and 10% to the firm. Traders can request payouts anytime during the month - there is no payout window!
Learn what a prop firm is, how proprietary trading firms work, and how you can get funded with up to $300k capital to trade futures.
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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.

Legends Trading is a Futures trading firm with up to 90% profit split, every 7 days payouts, and platforms including NinjaTrader, Tradovate, Rithmic. Current verified discount: 50% off with code LUMI. Review rules, pricing, and trader ratings below before you buy.
Affiliate disclosure: We may earn a commission when you use our links. How we stay unbiased.
What we love
End-of-Day Drawdown
No Daily Loss Limit
Elite Plans (One-Time Fee)
Experience & Leadership
Profit Split
Room for improvement
Payout Caps (Probation)
Minimum Withdrawal Amount
Consistency Rules
Newer Track Record
Verified Reviews(151 reviews)
Rating based on verified customer reviews.