As well if anyones interested, there's a LeeLoo Facebook group. I'm not 100% sure its an official one. There's some pictures though of people posting withdraws (not many) and certifications of completion. The admin posts discount codes, and they seem to be actual discount codes, not referral codes (originally thought it was just someone trying to get referral fees).
The group is primarily in Spanish, and since their site also is in both english/spanish I'm wondering if that's maybe more their target? 100% confused at this point.
Also did some searching on YouTube for any reviews. Here's one trading channel that passed, was a little surprised that you have to show them (trader has to show LeeLoo) that you passed with screen shots etc. I agree that's also weird, but it is clear on their site. None the less, his video is from June, said he'd do a follow up video to see if he can do a withdraw once the 30 trading days is met:
Hi, I started their evaluation last week, once I get to the end of the evaluation I will go for the investor account and keep people updated on LeeLoo support etc.. Up to now all is going well, no complaints.
The following user says Thank You to samgander for this post:
I have live funded account now, mostly trade 1-2 contracts in NQ with a $500 - $750 per Day Goal, usually no mare than 3 trades in a day, frequently only 1 . Sometimes I trade 2 contracts, and I can trade up to 8...
I have qualified twice (one i had a drawdown, had to reset) for a Leeloo funded acct. (50k 8 Contracts) and I know another trader who has as well. I have not made enough to qualify for withdrawals, as IMO the goal with any funded account is to not strip it of cash until you get a ahead at 2-3 the qualification amount to allow for drawdowns and taking larger risk for larger wins.. if that makes sense.
I believe Leeloo has the least amount of "Booby Traps" to disqualify you, compared to the others and the lowest reset fee, only $75. I had a combine with Earn2Trade and accidentally unknowing traded an extra contract, when a back to back trade occurred. Leeloo would have rejected the order, instead Earn2Trade disqualified my whole account and I was close to my profit goal. That's when I started researching all of the funded account providers.
I did research Leeloo, and yes their site and videos are "different" but I am comfortable with them being legit...
Another observation... companies that offer funded accounts make money from monthly fees and reset fees, and then of course the trades that make profits they get 20%... I surmise that the large # of traders that fail and pay for resets, offset their costs and allow for a profit.
Cheers
The following 5 users say Thank You to stratblues for this post:
I passed the evaluation 2 weeks ago I'm about to have enough capital in my performance account to eliminate my Rising Trailing Max Drawdown; I will inform in this threat if I'm available to withdraw capital; I'm very conservador trader so let's see.
The following 3 users say Thank You to Magneto for this post:
