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    1. Home
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    5. The Legends Trading
    The Legends Trading prop trading firm logo

    The Legends Trading Review & Prop Firm Profile

    CEO: Greg Khojikian
    United StatesUnited States
    Trustpilot: 3.6
    —
    TP Score (0 reviews)
    Visit Website
    Leave Review

    About The Legends Trading

    It offers a unique "Straight to Master" (Instant Funding) model alongside traditional evaluations, focusing on transparency and deep industry roots.

    The Legends Trading Key Information

    Trading Platforms
    Tradovate
    NinjaTrader
    Rithmic
    SIE
    QUA
    Founded
    —
    Years in Operation
    —
    Max Allocation
    $600K
    Max Accounts
    3
    Profit Split
    80–90%
    Activation Fee
    None
    Min Days to Payout
    10
    US Traders
    Accepted
    KYC Required
    Yes
    Account Currencies
    USD

    The Legends Trading Quick Stats

    PlatformsTradovate, NinjaTrader, Rithmic, Sierra Chart, Quantower
    BrokerIronbeam
    Activation FeeNone
    Drawdown TypesTrailing, EOD, Static
    Payout FrequencyBi-weekly
    Fee StructureRecurring
    Account TypeDemo

    The Legends Trading Trading Rules

    News Trading
    Allowed
    Weekend Holding
    Not Allowed
    EA / Bots
    Allowed
    Copy Trading
    Allowed
    Overnight Holding
    No
    Hedging
    No
    Scalping
    Yes
    Consistency Rule
    Yes
    HFT Allowed
    No
    Martingale
    No
    Swap Free
    No
    IP Consistency
    Yes

    Consistency Rule: No single day can exceed 40% of the total profit

    News Trading Details: Generally allowed without hard restrictions, though traders are cautioned regarding volatility.

    Drawdown Basis: Balance

    Drawdown Measurement: Relative

    The Legends Trading Funding and Account Options

    Fee Structure
    Recurring
    Account Type
    Demo
    Fee Refundable
    No
    Free Trial
    No
    Free Retry
    No
    Reset Option
    Yes
    Buyback Option
    No
    US Traders
    Yes
    KYC Required
    Yes

    Reset Fee: Varies

    Account Currencies:
    USD

    The Legends Trading Markets & Asset Classes

    Futures Trading
    Futures

    The Legends Trading Payout Policy

    Profit Split
    80–90%
    Payout Frequency
    Bi-weekly
    First Payout
    30 days
    Processing Time
    1-3 Business Days
    Min Withdrawal
    $100
    Payout Methods
    Bank Transfer
    Crypto

    The Legends Trading Scaling Plan

    Conditions: Increase in contract limits based on account balance growth.
    Increment: 2-3 contracts per tier
    Max Allocation: $600K
    Profit Split Increases with Scaling

    The Legends Trading Futures Details

    Max Contracts
    15
    Exchanges
    CME, CBOT, NYMEX, COMEX
    Micro Contracts
    Yes

    The Legends Trading Banned Countries (39)

    Afghanistan
    Angola
    Belarus
    Bolivia
    Botswana
    Brazil
    Burkina Faso
    Burundi
    Cambodia
    Cameroon
    Central African Republic
    Cote d'Ivoire
    Cuba
    Democratic Republic of the Congo
    Eritrea
    Eswatini
    Ethiopia
    Gabon
    Ghana
    Haiti
    Indonesia
    Iran
    Iraq
    Kenya
    Laos
    Lebanon
    Libya
    Mali
    Mongolia
    Mozambique
    Myanmar
    North Korea
    Russia
    Syria
    Ukraine
    Venezuela
    Vietnam
    Yemen
    Zimbabwe.

    The Legends Trading Discount Code

    There are no active The Legends Trading discount codes right now — we verify and update this section as soon as a new promotion goes live.

    No active discount code at the moment

    Check The Legends Trading’s current pricing directly, or see our offers page for the latest verified deals.

    See offersVisit The Legends Trading

    The Legends Trading Challenge Types and Costs

    The Legends Trading offers 1-step programs with account sizes from $25K to $150K, with evaluation fees ranging from $59 to $347.

    Challenge ModelAccount SizesFee FromProfit TargetMax DrawdownProfit Split
    1-Step
    Lowest entry
    4 sizes ($25K–$150K)$59$1,500–$9,000$1,250–$4,500up to 90%

    Compare every The Legends Trading challenge tier

    Profit targets, drawdowns, fees and payouts side-by-side.

    View The Legends Trading Challenges

    Featured The Legends Trading Challenges

    View all 7 challenges

    The most popular The Legends Trading account tiers at a glance — see the full list for every size and rule.

    $150K
    1 step
    Profit target$9,000
    Profit split90%
    From$347
    Get this challenge
    $50K
    1 step
    Profit target$2,700
    Profit split90%
    From$151
    Get this challenge
    $100K
    1 step
    Profit target$6,000
    Profit split90%
    From$227
    Get this challenge
    $25K
    1 step
    Profit target$1,500
    Profit split90%
    From$119
    Get this challenge
    $100K
    1 step
    Profit target$6,000
    Profit split90%
    From$107
    Get this challenge
    $50K
    Best Value
    1 step
    Profit target$3,000
    Profit split90%
    From$59
    Get this challenge

    The Legends Trading Real Trader Results and Payouts

    Verified trader feedback, payout cadence and the policies that determine how often you can withdraw profits at The Legends Trading.

    TP Score
    —
    Trader Reviews
    0
    Payout Frequency
    Bi-weekly
    Processing
    1-3 Business Days

    Payout policy at a glance

    • First payout available after 30 days of trading.
    • Payouts cycle on a Bi-weekly schedule.
    • Withdrawals process in 1-3 Business Days.
    • Minimum withdrawal amount: $100.
    • Supported payout methods: Bank Transfer, Crypto.

    The Legends Trading Trading Rules Deep Dive

    The fine print that decides whether traders pass or breach. Each rule below uses The Legends Trading's specific values.

    The Legends Trading consistency rule explained

    No single day can exceed 40% of the total profit

    Worked example: on a $10,000 profit, if the rule caps a single day at 50% of total profit, no day can exceed $5,000 in P&L.

    News trading rules at The Legends Trading

    High-impact economic releases (NFP, FOMC, CPI) are when most prop firms enforce restrictions. At The Legends Trading, news trading is permitted without restrictions.

    Generally allowed without hard restrictions, though traders are cautioned regarding volatility.

    The Legends Trading drawdown calculation method

    • Basis: Balance
    • Measurement: Relative
    • Types offered: Trailing, EOD, Static

    Worked example: with an absolute balance-based drawdown, the threshold is fixed at the start of the evaluation and does not trail your equity curve as you grow the account.

    Expert Advisor and automation rules at The Legends Trading

    EAs and bots are permitted at The Legends Trading.

    • HFT allowed: No
    • Martingale allowed: No
    • Copy trading: allowed

    Weekend and overnight position rules at The Legends Trading

    • Weekend holding: not allowed
    • Overnight holding: Not allowed
    • Stop loss required: No

    The Legends Trading Scaling Plan and Long-Term Growth

    How your account grows once you're funded with The Legends Trading, and where the profit split ceiling sits.

    Starting Allocation
    $600K
    Max Scaled Allocation
    $600K
    Profit Split Range
    80% → 90%

    How scaling works at The Legends Trading

    Conditions: Increase in contract limits based on account balance growth.

    Increment: 2-3 contracts per tier

    Profit split improves as you scale up the account.

    Maximum of 3 concurrent accounts permitted.

    How The Legends Trading Compares

    Where The Legends Trading outperforms typical prop firms — and where its rules are stricter than the industry average.

    The Legends Trading strengths

    • High profit split ceiling (90%) versus a typical 80% industry standard.
    • Quick payout processing (1-3 Business Days).
    • Wide platform choice: Tradovate, NinjaTrader, Rithmic, Sierra Chart, Quantower.
    • US traders are accepted.

    Things to watch out for

    • Consistency rule applies — best day capped as a percentage of total profit.
    • 39 banned countries — verify your jurisdiction before purchasing.
    • KYC verification is required before payouts.
    • Weekend position holding is not permitted.

    The Legends Trading pricing starts from $59 and goes up to $347.

    Use The Legends Trading's active discounts to lower the entry cost.

    Compare The Legends Trading with popular alternatives

    The Legends Trading vs FTMOThe Legends Trading vs FundedNextThe Legends Trading vs The5ersThe Legends Trading vs E8 MarketsCompare with any firm

    The Legends Trading Frequently Asked Questions

    Quick answers to the most common questions traders ask about The Legends Trading.

    The Legends Trading offers 1-Step evaluation. To get funded you reach the profit target while staying within the maximum drawdown. You have up to Unlimited to complete it. A minimum of 1 trading days is required. Once funded, you keep up to 90% of the profits. See the Challenges section for every tier's exact targets and fees.

    If you breach a rule or miss the profit target, the evaluation ends. With The Legends Trading, the account can be reset (reset fee: Varies).

    News trading is permitted without restrictions at The Legends Trading. Generally allowed without hard restrictions, though traders are cautioned regarding volatility.

    The first payout is available after 30 days. Subsequent payouts run on a Bi-weekly cycle. Processing typically takes 1-3 Business Days. Minimum withdrawal is $100.

    Yes. No single day can exceed 40% of the total profit

    Expert Advisors and automated trading are permitted at The Legends Trading.

    With The Legends Trading you can trade Futures. Supported platforms include Tradovate, NinjaTrader, Rithmic, Sierra Chart, Quantower.

    US-based traders are accepted at The Legends Trading. Some countries are restricted (39 in total) — see the supported-countries list on this page for the full breakdown.

    The Legends Trading has no active discount code right now. We verify and refresh codes regularly, so check the discount section on this page for the latest.
    Still have questions? Get in touch.