Legends Trading GroupReviews of thelegendstrading.com

Rules are pretty straightforward. Once you accept the invite to Rise the payment is processed promptly. I would recommend Legends Trading Group.

Prop firms stick to the rules established on their FAQs/help section. I bought 2 accounts and right away cancelled the subscription because I thought it would prevent it from auto charging me in a month. However in the billing terms & conditions it states once subscrition is cancelled it immediately removes the account. Obviously i didnt read the terms & condition and I lost the 2 accounts i just bought. I reached out to support. They notified me about the rules but also escalated to higher team since I hadn't traded on those accounts yet and they reinstate both of the accounts. I appreciate the support they gave because that was the right thing to do.

Haven't EXPERIENCED them enough yet to know what others reported. But had enough to get thier deceving policies. Below is my VERBATIM chat log (only took the names out) with them on their payout policy. They advertise a 90/10 split but I clearly pointed them how wrong it is. The best case it is 50/50 or even worse. READ ON I got a couple of questions as well on the payout policy. I just have met profit target for a $150k apprentice account. If I register for a master account, I see: 1. Payout split is 90/10 2. The $150k account has a $4500 EOD trailing DD 3. Initial profit target for first payout is $7500. Given per payout cap is $2500, what happens to the additional profit made? 4. For subsequent payout, minimum profit required is $4500. Again, if per payout cap is $2500, what happens to the additional profit made? Apprentice Master Account Payout Process & Policy Traders can request payouts anytime during the month. There is no payout window! For your first payout, you must complete 7 individual trading days, with actual trades placed on each of those days, before you become eligible to request it. For every payout after that, you must again complete a minimum of 7 new trading days between each payout request. These must be 7 separate days where real trades were executed. The 7 day count is measured from request to request. It is not based on approval dates, processing dates, deductions, or payout issuance timing. ​ To qualify for a payout, you must follow the 35% Consistency Rule across your 7 trading days. This means your best trading day cannot be more than 35% of your total profit target for that period. For Example: To stay within the 35% rule on a 50K Master Account, your best trading day should be $1,050 or less, while reaching a total profit target of $3,000 over 7 trading days. There is a minimum payout of $1,000 for any payouts requested during the first, second and third payout, with a minimum account balance threshold after payout. See maximum payouts below. Winning Day Threshold: $200 minimum profit per winning day ​ ​Initial Profit Targets (Before First Payout): $50k Account- $53,000 $100k Account- $105,000 $150k Account- $157,500 ​ ​MAXIMUM Payout Limit: $50k Account- $1,200 [$1,080 -> Trader | $120 -> Legends] (90/10 Split) $100k Account- $2,000 [$1,800 -> Trader | $200 -> Legends] (90/10 Split) $150k Account- $2,500 [$2,250 -> Trader | $250 -> Legends] (90/10 Split) Profit Targets After First Payout (Subsequent Payout Requirements): $50k Account- $2,000 $100k Account- $3,000 $150k Account- $4,500 -- • 1hSeen • 1h Ok, I am still trying to understand it. So, for a master account, given that the consistency and 7 day profit requirement is met - once the account balance reaches $157500, once can request $2500 payout (receives 90%). This leaves the account balance at $155000. Now how the subsequent qualifies? Does one need to make another $4500 to request $2500 (with consistency and 7 days minimum profit)? If that is so, then the account balance goes to $159500. And the trader can request on $2500 payout leaving new account balance at $157500. So, at each cycle completed traders leave additional profit there. Question is what happens to those profits. -- • 56mSeen • 56m Yes, for subsequent payouts, you need to generate a new profit of $4,500, and you can withdraw a maximum of $2,500 per payout cycle. ​ The total profit you make on the account cannot be withdrawn all at once. You can only withdraw the maximum allowed amount per payout cycle -- • 50mSeen • 50m So, it's practically not a 90/10 split, after initial payout (which is even worse), trader got to make $4500 to get a payout of $2250, that's practically 50/50 split. To be honest, the most unfavorable conditions in the entire futures prop industry!

They told me to contact them by email after denying my payout. I did exactly that and emailed supportthelegendstrading.com, but I received no response at all. I’ll say it again: very poor support and communication. I’m simply trying to resolve my payout issue, but no one is responding to my emails.

I cancelled my subscriptions not knowing that it would close the accounts even though my evals were not failed. I reached out to the chat and they were immidiatly on it they helped me and reinstated all the accounts within 10 mins. awesome! happy to be a trader with legends!

Legends moved me to a live account and had it activated in just two days. They also offered adjustments to suit my needs, which I really appreciated. Thank you to the whole team for their professionalism and excellent support.

Prop seria, fino ad adesso pagati 5mila dollari, dopodiché sono andato in Live e mi hanno pagato anche lì. Ritengo questa Prop molto affidabile. Pagamenti velocissimi !

This firm is truly great has great speed amazing customer service support and are a very quick and truly amazing experience cant wait to get some payouts on this amazing firm David that works there is truly professional and amazing at what he does makes the company shine bright! A+ service! cheers