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Brand: Legends Trading
Legends Trading
Futures Prop Firm
Established:
2024 (2 years in business)
Legal Company Name:
Legends Trading Group, Inc.
Location:
5755 Las Virgenes Rd., Suite D, Calabasas, CA 91302, USA
Leadership:
Founder & CEO: Greg Khojikian
Our Summary
Legends Trading offers futures-focused Apprentice, Elite, and Straight to Master programs that let traders qualify into Master accounts under published evaluation and payout rules.
Trading Plans
Explore each plan's phases, price, payout timing, and requirements.
Apprentice
4
1
Apprentice Evaluation
Evaluation
Profit Target:
$1,500
Max Drawdown:
$1,500 (EOD)
Min Trading Days:
5 days
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
4
Micros Equivalent:
40
Consistency Rules:
30% consistency target in evaluation.
Quick Rules Summary:
Target $1,500; EOD trailing max loss $1,500; max 4 contracts/40 micros; minimum 4 trading days.
Evaluation Fee:
$165
Notes:
Apprentice evaluation phase.
2
Master Account
Sim-Funded
Min Payout:
1000
Payout Wait:
10 days
Payout Interval:
Every 15 days
Max Payout Requests:
2
Payout Cap:
$1,500
Buffer Amount:
$2,000
Activation Fee:
$99
Reset Cost:
$419
Profit Split:
9E+1
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
4
Micros Equivalent:
40
Consistency Rules:
Master account consistency target is 30%.
Payout Restrictions:
Request 1st-5th for payout on the 15th, or 15th-20th for …
Quick Rules Summary:
Activation fee $99.00; 90/10 profit split; live trailing drawdown stops at starting balance + $100.
Notes:
Master simulation account after passing evaluation.
3
Live Funded
Live-Funded
Overview:
Legends Trading publishes a later live-funded path after Master-account success. After the second Master payout, traders may be required to move to live trading with the remaining balance. For this 25,000 account, Legends lists a maximum move-to-live amount of $4,000 and a minimum balance requirement of $2,000.
1
Apprentice Evaluation
Evaluation
Profit Target:
$3,000
Payout Cap:
$1,800
Buffer Amount:
$3,000
Max Drawdown:
$2,000 (EOD)
Min Trading Days:
5 days
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
10
Micros Equivalent:
50
Max Eval Accounts:
5
Consistency Rules:
30% consistency target in evaluation.
Quick Rules Summary:
Target $3,000; EOD trailing max loss $2,000; max 10 contracts/50 micros; minimum 4 trading days.
Evaluation Fee:
$185
Notes:
Apprentice evaluation phase.
2
Master Account
Sim-Funded
Min Payout:
1000
Payout Wait:
10 days
Payout Interval:
Every 15 days
Max Payout Requests:
2
Payout Cap:
$2,000
Buffer Amount:
$3,000
Activation Fee:
$99
Reset Cost:
$449
Profit Split:
9E+1
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
10
Micros Equivalent:
50
Max Sim Accounts:
5
Consistency Rules:
Master account consistency target is 30%.
Payout Restrictions:
Request 1st-5th for payout on the 15th, or 15th-20th for …
Quick Rules Summary:
Activation fee $99.00; 90/10 profit split; live trailing drawdown stops at starting balance + $100.
Notes:
Master simulation account after passing evaluation.
3
Live Funded
Live-Funded
Overview:
Legends Trading publishes a later live-funded path after Master-account success. After the second Master payout, traders may be required to move to live trading with the remaining balance. For this 50,000 account, Legends lists a maximum move-to-live amount of $7,000 and a minimum balance requirement of $2,500.
1
Apprentice Evaluation
Evaluation
Profit Target:
$6,000
Max Drawdown:
$3,000 (EOD)
Min Trading Days:
5 days
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
14
Micros Equivalent:
70
Consistency Rules:
30% consistency target in evaluation.
Quick Rules Summary:
Target $6,000; EOD trailing max loss $3,000; max 14 contracts/70 micros; minimum 4 trading days.
Evaluation Fee:
$225
Notes:
Apprentice evaluation phase.
2
Master Account
Sim-Funded
Min Payout:
1000
Payout Wait:
10 days
Payout Interval:
Every 15 days
Max Payout Requests:
2
Payout Cap:
$2,500
Buffer Amount:
$4,000
Activation Fee:
$149
Reset Cost:
$479
Profit Split:
9E+1
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
14
Micros Equivalent:
70
Consistency Rules:
Master account consistency target is 30%.
Payout Restrictions:
Request 1st-5th for payout on the 15th, or 15th-20th for …
Quick Rules Summary:
Activation fee $149.00; 90/10 profit split; live trailing drawdown stops at starting balance + $100.
Notes:
Master simulation account after passing evaluation.
3
Live Funded
Live-Funded
Overview:
Legends Trading publishes a later live-funded path after Master-account success. After the second Master payout, traders may be required to move to live trading with the remaining balance. For this 100,000 account, Legends lists a maximum move-to-live amount of $12,500 and a minimum balance requirement of $3,500.
1
Apprentice Evaluation
Evaluation
Profit Target:
$9,000
Max Drawdown:
$4,000 (EOD)
Min Trading Days:
5 days
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
17
Micros Equivalent:
85
Consistency Rules:
30% consistency target in evaluation.
Quick Rules Summary:
Target $9,000; EOD trailing max loss $4,000; max 17 contracts/85 micros; minimum 4 trading days.
Evaluation Fee:
$320
Notes:
Apprentice evaluation phase.
2
Master Account
Sim-Funded
Min Payout:
1000
Payout Wait:
10 days
Payout Interval:
Every 15 days
Max Payout Requests:
2
Payout Cap:
$2,750
Buffer Amount:
$6,250
Activation Fee:
$199
Reset Cost:
$499
Profit Split:
9E+1
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
17
Micros Equivalent:
85
Consistency Rules:
Master account consistency target is 30%.
Payout Restrictions:
Request 1st-5th for payout on the 15th, or 15th-20th for …
Quick Rules Summary:
Activation fee $199.00; 90/10 profit split; live trailing drawdown stops at starting balance + $100.
Notes:
Master simulation account after passing evaluation.
3
Live Funded
Live-Funded
Overview:
Legends Trading publishes a later live-funded path after Master-account success. After the second Master payout, traders may be required to move to live trading with the remaining balance. For this 150,000 account, Legends lists a maximum move-to-live amount of $17,700 and a minimum balance requirement of $4,500.
Elite
4
1
Elite Evaluation
Evaluation
Profit Target:
$1,500
Max Drawdown:
$1,250 (EOD)
Min Trading Days:
5 days
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
2
Micros Equivalent:
20
Consistency Rules:
40% consistency target in evaluation. Daily loss limit: none.
Quick Rules Summary:
Target $1,500; EOD trailing max loss $1,250; no daily loss limit; max 2 minis/20 micros; minimum 4 trading days.
Evaluation Fee:
$99
Notes:
Elite evaluation phase.
2
Master Account
Sim-Funded
Min Payout:
1000
Payout Wait:
10 days
Payout Interval:
Every 15 days
Max Payout Requests:
2
Payout Cap:
$1,500
Buffer Amount:
$2,000
Reset Cost:
$419
Profit Split:
9E+1
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
2
Micros Equivalent:
20
Consistency Rules:
Master account consistency target is 30%.
Payout Restrictions:
Request 1st-5th for payout on the 15th, or 15th-20th for …
Quick Rules Summary:
No activation fee; 90/10 profit split; live trailing drawdown stops at starting balance + $100.
Notes:
Master simulation account after passing elite evaluation.
3
Live Funded
Live-Funded
Overview:
Legends Trading publishes a later live-funded path after Master-account success. After the second Master payout, traders may be required to move to live trading with the remaining balance. For this 25,000 account, Legends lists a maximum move-to-live amount of $4,000 and a minimum balance requirement of $2,000.
1
Elite Evaluation
Evaluation
Profit Target:
$2,700
Payout Cap:
$1,800
Buffer Amount:
$1,500
Max Drawdown:
$2,200 (EOD)
Min Trading Days:
5 days
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
4
Micros Equivalent:
40
Max Eval Accounts:
5
Consistency Rules:
40% consistency target in evaluation. Daily loss limit: none.
Quick Rules Summary:
Target $2,700; EOD trailing max loss $2,200; no daily loss limit; max 4 minis/40 micros; minimum 4 trading days.
Evaluation Fee:
$149
Notes:
Elite evaluation phase.
2
Master Account
Sim-Funded
Min Payout:
1000
Payout Wait:
10 days
Payout Interval:
Every 15 days
Max Payout Requests:
2
Payout Cap:
$2,000
Buffer Amount:
$3,000
Reset Cost:
$449
Profit Split:
9E+1
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
4
Micros Equivalent:
40
Max Sim Accounts:
5
Consistency Rules:
Master account consistency target is 30%.
Payout Restrictions:
Request 1st-5th for payout on the 15th, or 15th-20th for …
Quick Rules Summary:
No activation fee; 90/10 profit split; live trailing drawdown stops at starting balance + $100.
Notes:
Master simulation account after passing elite evaluation.
3
Live Funded
Live-Funded
Overview:
Legends Trading publishes a later live-funded path after Master-account success. After the second Master payout, traders may be required to move to live trading with the remaining balance. For this 50,000 account, Legends lists a maximum move-to-live amount of $7,000 and a minimum balance requirement of $2,500.
1
Elite Evaluation
Evaluation
Profit Target:
$6,000
Max Drawdown:
$3,000 (EOD)
Min Trading Days:
5 days
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
8
Micros Equivalent:
80
Consistency Rules:
40% consistency target in evaluation. Daily loss limit: none.
Quick Rules Summary:
Target $6,000; EOD trailing max loss $3,000; no daily loss limit; max 8 minis/80 micros; minimum 4 trading days.
Evaluation Fee:
$180
Notes:
Elite evaluation phase.
2
Master Account
Sim-Funded
Min Payout:
1000
Payout Wait:
10 days
Payout Interval:
Every 15 days
Max Payout Requests:
2
Payout Cap:
$2,500
Buffer Amount:
$4,000
Reset Cost:
$479
Profit Split:
9E+1
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
8
Micros Equivalent:
80
Consistency Rules:
Master account consistency target is 30%.
Payout Restrictions:
Request 1st-5th for payout on the 15th, or 15th-20th for …
Quick Rules Summary:
No activation fee; 90/10 profit split; live trailing drawdown stops at starting balance + $100.
Notes:
Master simulation account after passing elite evaluation.
3
Live Funded
Live-Funded
Overview:
Legends Trading publishes a later live-funded path after Master-account success. After the second Master payout, traders may be required to move to live trading with the remaining balance. For this 100,000 account, Legends lists a maximum move-to-live amount of $12,500 and a minimum balance requirement of $3,500.
1
Elite Evaluation
Evaluation
Profit Target:
$9,000
Max Drawdown:
$4,500 (EOD)
Min Trading Days:
5 days
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
12
Micros Equivalent:
120
Consistency Rules:
40% consistency target in evaluation. Daily loss limit: none.
Quick Rules Summary:
Target $9,000; EOD trailing max loss $4,500; no daily loss limit; max 12 minis/120 micros; minimum 4 trading days.
Evaluation Fee:
$230
Notes:
Elite evaluation phase.
2
Master Account
Sim-Funded
Min Payout:
1000
Payout Wait:
10 days
Payout Interval:
Every 15 days
Max Payout Requests:
2
Payout Cap:
$2,750
Buffer Amount:
$6,250
Reset Cost:
$499
Profit Split:
9E+1
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
12
Micros Equivalent:
120
Consistency Rules:
Master account consistency target is 30%.
Payout Restrictions:
Request 1st-5th for payout on the 15th, or 15th-20th for …
Quick Rules Summary:
No activation fee; 90/10 profit split; live trailing drawdown stops at starting balance + $100.
Notes:
Master simulation account after passing elite evaluation.
3
Live Funded
Live-Funded
Overview:
Legends Trading publishes a later live-funded path after Master-account success. After the second Master payout, traders may be required to move to live trading with the remaining balance. For this 150,000 account, Legends lists a maximum move-to-live amount of $17,700 and a minimum balance requirement of $4,500.
Straight to Master
4
1
Master Account (Instant)
Sim-Funded
Profit Target:
$1,500
Min Payout:
1000
Payout Wait:
10 days
Payout Interval:
Every 15 days
Max Payout Requests:
2
Max Drawdown:
$1,500 (EOD)
Min Trading Days:
10 days
Profit Split:
9E+1
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
4
Micros Equivalent:
40
Consistency Rules:
30% consistency target applies.
Payout Restrictions:
Request 1st-5th for payout on the 15th, or 15th-20th for …
Quick Rules Summary:
One-time fee $399.00; target $1,500; trailing max loss $1,500; 4 contracts/40 micros; 10-day minimum.
Notes:
Direct master-account offering with no evaluation phase.
3
Live Funded
Live-Funded
Overview:
Legends Trading publishes a later live-funded path after Master-account success. After the second Master payout, traders may be required to move to live trading with the remaining balance. For this 25,000 account, Legends lists a maximum move-to-live amount of $4,000 and a minimum balance requirement of $2,000.
1
Master Account (Instant)
Sim-Funded
Profit Target:
$3,000
Min Payout:
1000
Payout Wait:
10 days
Payout Interval:
Every 15 days
Max Payout Requests:
2
Max Drawdown:
$2,000 (EOD)
Min Trading Days:
10 days
Profit Split:
9E+1
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
10
Micros Equivalent:
50
Consistency Rules:
30% consistency target applies.
Payout Restrictions:
Request 1st-5th for payout on the 15th, or 15th-20th for …
Quick Rules Summary:
One-time fee $499.00; target $3,000; trailing max loss $2,000; 10 contracts/50 micros; 10-day minimum.
Notes:
Direct master-account offering with no evaluation phase.
3
Live Funded
Live-Funded
Overview:
Legends Trading publishes a later live-funded path after Master-account success. After the second Master payout, traders may be required to move to live trading with the remaining balance. For this 50,000 account, Legends lists a maximum move-to-live amount of $7,000 and a minimum balance requirement of $2,500.
1
Master Account (Instant)
Sim-Funded
Profit Target:
$4,000
Min Payout:
1000
Payout Wait:
10 days
Payout Interval:
Every 15 days
Max Payout Requests:
2
Max Drawdown:
$3,000 (EOD)
Min Trading Days:
10 days
Profit Split:
9E+1
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
14
Micros Equivalent:
70
Consistency Rules:
30% consistency target applies.
Payout Restrictions:
Request 1st-5th for payout on the 15th, or 15th-20th for …
Quick Rules Summary:
One-time fee $599.00; target $4,000; trailing max loss $3,000; 14 contracts/70 micros; 10-day minimum.
Notes:
Direct master-account offering with no evaluation phase.
3
Live Funded
Live-Funded
Overview:
Legends Trading publishes a later live-funded path after Master-account success. After the second Master payout, traders may be required to move to live trading with the remaining balance. For this 100,000 account, Legends lists a maximum move-to-live amount of $12,500 and a minimum balance requirement of $3,500.
1
Master Account (Instant)
Sim-Funded
Profit Target:
$6,250
Min Payout:
1000
Payout Wait:
10 days
Payout Interval:
Every 15 days
Max Payout Requests:
2
Max Drawdown:
$4,000 (EOD)
Min Trading Days:
10 days
Profit Split:
9E+1
News Trading:
No blackout days. Trade permitted products during permitted times.
Max Contracts:
17
Micros Equivalent:
85
Consistency Rules:
30% consistency target applies.
Payout Restrictions:
Request 1st-5th for payout on the 15th, or 15th-20th for …
Quick Rules Summary:
One-time fee $699.00; target $6,250; trailing max loss $4,000; 17 contracts/85 micros; 10-day minimum.
Notes:
Direct master-account offering with no evaluation phase.
3
Live Funded
Live-Funded
Overview:
Legends Trading publishes a later live-funded path after Master-account success. After the second Master payout, traders may be required to move to live trading with the remaining balance. For this 150,000 account, Legends lists a maximum move-to-live amount of $17,700 and a minimum balance requirement of $4,500.
Allowed Trading Instruments
Stock Index
Energy
Agricultural
Currency
Restricted Countries 57
Legends Trading describes its service as available to traders worldwide, but its prohibited-conduct policy also forbids circumventing geographical restrictions of availability or other technical restrictions.
Afghanistan
Albania
Algeria
Andorra
Angola
Bahamas
Barbados
Belarus
Bosnia and Herzegovina
Botswana
Bulgaria
Burundi
Cambodia
Central African Republic
Crimea
Cuba
Democratic Republic of the Congo
Ecuador
Ethiopia
Ghana
Iceland
Indonesia
Iran
Iraq
Israel
Ivory Coast
Jamaica
Kherson (occupied)
Lao People's Democratic Republic
Lebanon
Liberia
Libya
Malaysia
Mauritius
Mongolia
Montenegro
Myanmar
Nicaragua
North Korea
Pakistan
Panama
Papua New Guinea
Russia
Somalia
South Sudan
Sri Lanka
Sudan
Syria
Trinidad and Tobago
Tunisia
Turkey
Uganda
Ukraine
Venezuela
Vietnam
Yemen
Zimbabwe
Countries and Jurisdictions With Different Handling
None.
Commission Schedules
These commission schedules show the per-side or round-trip trading costs, including exchange-style fees, used to mimic what trading the same futures contracts would cost in a regular cash brokerage account.
Legends master-account fees cover data, platform, and related account costs. Current public help-center materials reviewed do not publish a separate per-contract commission table.
General Policies
Algorithm & EA Policy
Accessing site or platform resources by unauthorized, automated, unethical, or unconventional means is prohibited under Legends Trading terms.
Legends terms prohibit unauthorized or abusive automated access to resources and reserve enforcement rights for disruptive or unconventional usage.
Copy Trading
Not allowed
Copy trading is supported under account-link limits. Official knowledge-base guidance states one master account can be linked to up to five apprentice accounts, and each apprentice can be linked to only one master account.
Microscalping Policy
Scalping is allowed, but trades under 20 seconds are capped. Official guidance states no more than 5% of total trades may be under 20 seconds, and violations can trigger review.
Bots Policy
Allowed, provided platform and account rules are followed.
DCA Policy
Allowed.
Allowed Trading Hours
Trade from market open until one minute before market close. Legends also publishes MOC liquidation times in CT: 3:55 PM for CME equity/energy/financial/FX groups, 1:15 PM for CBOT agricultural, and 12:50 PM for livestock.
Weekend Holding Policy
Not allowed. This seems standard for futures-oriented prop firms.
Move to Live Criteria
After the second Master payout, traders may be required to move to live trading with the remaining balance. Legends publishes account-size-specific maximum move-to-live amounts and minimum balances for this transition: $25k accounts can move up to $4,000 with a $2,000 minimum balance; $50k accounts can move up to $7,000 with a $2,500 minimum balance; $100k accounts can move up to $12,500 with a $3,500 minimum balance; $150k accounts can move up to $17,700 with a $4,500 minimum balance.
Rule Enforcement Notes
On signup, traders choose plan type, plan size, and data connection (Tradovate stack or Rithmic stack). Legends states these selections cannot be changed after purchase. After subscription, traders must accept the platform End User License Agreement and CME Market Data Agreement before trading. Legends also indicates traders can request review of other platform options for potential future addition.
Refund Policy
No refunds after purchase, including missed coupon discounts and platform/data errors outside company control.
Activation Fee Policy
Activation fees apply on Apprentice plans only: USD 99 for 25K and 50K, USD 149 for 100K, and USD 199 for 150K. Elite and Straight to Master plans list no activation fee.
VPN Policy
Disable VPNs if they are interfering with the app or trading-platform functionality.
Payment Methods
American Express
Discover
Mastercard
Visa
Payout Methods
Master Account payouts may be requested up to twice per month: requests submitted from the 1st-5th are paid on the 15th, and requests submitted from the 15th-20th are paid on the last day of the month. The first payout requires 10 individual trading days, and each subsequent payout also requires 10 individual trading days between requests.
Change Log
-
Apr 24, 2026 OtherFull audit and update completed on April 24, 2026.
-
Feb 26, 2026 OtherUpdated February 26, 2026.
-
Dec 31, 2025 OtherAdded to database.
Current News / Promotions
Reviews
Last checked: Feb 17, 2026
Evaluate Trustpilot reviews with a grain of salt: the platform is known to have fake review issues - both fake positives and fake negatives.
Execution Platforms
Legends Trading supports both NinjaTrader and Tradovate. Help-center materials also note that all account plans include access to both platforms, with Tradovate available in browser, desktop, and mobile formats.
Trading Software
Languages Supported
English
1 language
Help & Resources
Holiday Notes
Follows CME session timing, including holiday adjustments.
Positions must be closed by session end (including early holiday closes).
No separate holiday ban, but standard intraday close rules still apply.
HEADS UP: Prop firms change their plans and rules all the time, and tracking it all sometimes seems impossible. We try to stay current but can't guarantee every detail is up to date. See something wrong? Let us know!
Risk & Affiliate Disclosure
Please manage risk carefully when using any prop firm. Trading involves substantial risk, and you can lose part or all of the money you spend on evaluations, subscriptions, or related services. Never invest money you cannot afford to lose.
Prop firm terms, payout policies, and account rules can change at any time, including updates that affect existing accounts. Always confirm current terms directly on the firm's official site before purchasing.
Some links and discount codes on this site may be affiliate links, which means Happy Dog Trading may receive a small commission if you choose to use them - at no cost to you - so please do use them and help support this site. Win win (-:
Commentary and reviews on these pages reflect our editorial judgment based on available public information, trader reports, researching community forums, and direct testing where applicable. Ongoing updates are published at happydogtrading.com.
Legal Notice
- While we strive to provide accurate and up-to-date information, Happy Dog Trading is not liable for any errors, omissions, or inaccuracies in the data presented. Users should verify all information directly with the respective prop firm as the authoritative source of truth before making any decisions.
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