placeholder

Overview of Leveled Up Society Forex Prop Firm

TheTrustedProp
Date: May 11, 2024

In the world of financial trading, finding the right platform to hone your skills and maximize your profits can be a daunting task. There are countless options available, each with its own set of rules and conditions. One platform that stands out from the crowd is Leveled Up Society, a company that offers unique opportunities for traders to level up their game and succeed in unpredictable market conditions. In this article, we will take a closer look at Leveled Up Society, its programs, and what sets it apart from other prop firms in the industry.

 

overview-of-leveled-up-society.jpg.webp

Company Details

Name: Leveled Up Society
Legal Name: Leveled Up Course Inc.
CEO: Cristhian Gonzalez
Established: June 2022
Registered Address: 1001 Brickell Bay Dr #2700h, Miami, FL 33131, United States

Challenge Details

Leveled Up Society provides traders with two distinct programs to choose from: the One-Step Evaluation Challenge and the Two-Step Evaluation Challenge. Let's delve into the specifics of each challenge:

One-Step Evaluation Challenge Accounts

Level 1 Unlimited

  • Trading Period: 1 day
  • Minimum Trading: N/A
  • Maximum Daily Loss: 3.5%
  • Maximum Total Loss: 6%
  • Profit Target: 10%

Account Sizes Available:

  • $10,000
  • $25,000
  • $50,000
  • $100,000
  • $200,000

Two-Step Evaluation Challenge Accounts

Level 1 Unlimited Days

  • Trading Period: 5 days
  • Minimum Trading: 5%
  • Maximum Daily Loss: 5%
  • Maximum Total Loss: 8%
  • Profit Target: 8%

Level 2 Unlimited Days

  • Trading Period: 5 days
  • Minimum Trading: 5%
  • Maximum Daily Loss: 5%
  • Maximum Total Loss: 8%
  • Profit Target: 5%

Account Sizes Available:

  • $10,000
  • $25,000
  • $50,000
  • $100,000
  • $200,000

Other Details

Leveled Up Society evaluates traders by providing them with a demo account containing virtual funds to trade, all while monitoring their performance. Here are some additional details:

Pros:

  • Maximum balance of up to $1,000,000
  • Unlimited evaluation free retries
  • Profit splits ranging from 80% to 90%
  • Bi-weekly payouts
  • Overnight and weekend holding allowed
  • Scaling account option
  • Leverage up to 1:100
  • A wide variety of trading instruments, including forex pairs, commodities, indices, and cryptocurrencies

Cons:

  • Trailing drawdown on one-step challenge accounts
  • Martingale strategy is prohibited
  • Limited news trading

Leveled Up Society seeks passionate and experienced traders who can thrive in volatile market conditions. They offer the opportunity to earn substantial profits by managing account sizes of up to $200,000 and enjoying profit splits of up to 90%. Traders can engage in trading various assets, including forex pairs, commodities, indices, and cryptocurrencies.

One-Step Evaluation Challenge Account Scaling Plan

For those participating in the One-Step Evaluation Challenge, there is a scaling plan in place. To be eligible, traders must be profitable within a three-month period. They must have two out of three months of profitability with an average return of 15% or more. Here's an example:

  • Month 1: 4.2% gain
  • Month 2: 5.8% gain
  • Month 3: 6.2% gain

With a total profit of 16.2%, which surpasses the 15% average profit target, traders become eligible for account scaling. The trading instruments available for the one-step evaluation challenge accounts include forex pairs, commodities, indices, and cryptocurrencies.

One-Step Evaluation Challenge Account Rules

  • Profit target for the evaluation period is 10%.
  • Maximum daily loss is limited to 3.5% for all account sizes.
  • Maximum trailing drawdown is capped at 6% for all account sizes.
  • No trading during high-impact news releases.
  • Martingale strategy is not allowed.
  • Beware of third-party copy trading and EA usage as it may affect your capital allocation.

Two-Step Evaluation Challenge Account Scaling Plan

Traders engaging in the Two-Step Evaluation Challenge also have a scaling plan in place. To qualify, traders must be profitable within a three-month period, with two out of three months being profitable. Here's how it works:

  • After 3 months: A $200,000 account can increase to $250,000.
  • After the next 3 months: A balance of $250,000 can grow to $300,000.
  • This process continues indefinitely.

The trading instruments available for the two-step evaluation challenge accounts are similar to the one-step challenge, including forex pairs, commodities, indices, and cryptocurrencies.

Two-Step Evaluation Challenge Account Rules

  • Phase 1 has a profit target of 8%, while Phase 2 has a profit target of 5%.
  • Maximum daily loss is limited to 5% for all account sizes.
  • Maximum loss is capped at 8% for all account sizes.
  • A minimum trading period of 5 days is required for each phase.
  • Similar to one-step challenge accounts, no trading during high-impact news releases, and martingale strategies are prohibited.
  • Exercise caution with third-party copy trading and EA usage.

What Sets Leveled Up Society Apart?

Leveled Up Society distinguishes itself from other leading prop firms in several key ways:

  1. Two Funding Programs: Leveled Up Society offers both one-step and two-step evaluation challenges, providing traders with flexibility in their journey.
  2. Relaxed Trading Rules: Unlike some competitors, Leveled Up Society allows traders to hold positions overnight and during weekends, offering more opportunities for profit.
  3. Unique Scaling Plans: Both one-step and two-step challenges come with scaling plans that reward profitable traders with increased account sizes and profit splits.
  4. Diverse Trading Instruments: Traders have access to a wide range of assets, including forex pairs, commodities, indices, and cryptocurrencies.
  5. Broker Partnership: Leveled Up Society has integrated with Eightcap, an ASIC-regulated broker known for its exceptional financial services and global reach.

In conclusion, Leveled Up Society empowers traders to harness their potential and achieve remarkable success in the financial markets. Whether you opt for the one-step or two-step evaluation challenge, the opportunities are endless. Just remember to adhere to the rules and guidelines to secure your spot in this exciting journey of trading mastery.

 

Unlock your trading potential with Leveled Up Society and embark on a journey of financial success like never before. Get started today!

FAQs

To participate, visit the Leveled Up Society website and follow the registration process. You'll need to meet certain criteria and agree to their terms and conditions.

The primary difference lies in the number of phases required to become eligible for payouts. The one-step challenge has a single phase, while the two-step challenge consists of two phases.

For the one-step challenge, the profit target is 10%. In contrast, the two-step challenge has an 8% profit target for phase 1 and a 5% target for phase 2.

No, trading during high-impact news releases is restricted to maintain a fair trading environment.

Yes, Leveled Up Society has partnered with Eightcap, an ASIC-regulated broker known for its reputable services and global presence.

Comments