Review Time
The rule LEELOO made which called "FLIPPING RULE, it's like being a judge and lawyer and policeman in one person. They decide manually about each payout, they gonna stamp it as flipping or not. It's money printing machine. If they don't want you to pay, they stamp your trading as flipping. The reason for this rule is of course their worries about you, that your trading is not consistent for long period of time, this of they don't pay you. If it will be not consistent or not, it's not Leeloos business, than I loose, not they. I loose also if they denying payout. The sense behind a prop firm to provide capital to traders. Due to more than 90% of loosers in this game, less than 10% can get financed. The money comes from evaluation and activation fees. This accounts are not real, no trades are made at CME, if we loose money it's good for Leeloo. CME accepts any trades as long as they are covered, no matter how you trade, if you loose you loose, if you win you win. Same should be here. With their rules they just saving money for themselves by denying payouts. Here they are judges, police and lawyers etc in one person and such things are not fair and undemocratic. In a country like USA it should be illegal.
They asking in their home page why to risk own money, and inviting to trade with them, the answer is simple, your evil rules, they let you own our payouts.
I purchased a direct performance account that doesn't require prior qualification. The company has been very responsive to my inquiries, even contacting me directly for clarification. My payout request was processed quickly, and using the trading platform for free is an excellent benefit. It's crucial to understand their guidelines and follow them, but overall, I've been very satisfied with my experience.
I acquired a performance account without needing prior qualification, and the company has been very prompt in their responses to my emails. They even called me directly to clarify a few points. My payout request was completed within a couple of days. Plus, using the trading platform for free is a great advantage. It's important to read their rules and stick to them, but overall, I've had a wonderful experience.
I strongly advise traders against investing their time and money with this company due to their deceptive practices. In the past, I had two accounts and made over $8,000 in each. Upon requesting a withdrawal, they changed their rules, making most of my trades ineligible. I followed their guidelines, but after my withdrawal request, they altered the rules retroactively. This company does not uphold its commitments and manipulates situations to avoid payouts. I recommend choosing firms that offer consistent experiences.
After trading with this company for over a year and successfully passing numerous evaluations, I achieved the required target in a recent challenge and traded my performance account full-time for over 40 days, generating $15,000 in profit. Despite adhering to all rules, my payout request was denied without any evidence provided. The explanations varied, and my account was closed during the review. It was disheartening after a year of dedication. I hope they improve transparency in payout processes.
I traded for several months, diligently following the visible rules. However, at payout time, I discovered there are additional rules not displayed on the Dashboard, which cannot be tracked in real-time. These rules include subjective interpretations that are not clear to traders. As a result, all my accounts were suddenly closed, which was discouraging after significant investment and effort. While support was courteous and responsive, traders should be aware of hidden rules and the potential for unexpected account closures.
The service is completely incompetent. Their rules are not clearly stated, and they seem to manipulate accounts at will, adding violations to avoid payouts. This behavior feels fraudulent. I advise avoiding this company, despite their low prices, as they tend to undermine successful traders.
Working with this company has been outstanding. Their customer service is always prompt and reliable. They honor their commitments regarding rules and payouts. After working with several firms, this has been my best experience yet. My payout was also processed immediately, using my preferred method.
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Leeloo is proud of many distinctions one being the evidence suggesting the qualification percentage of traders who move from evaluation into Performance-Paid accounts being almost double our nearest competitor, which means we offer the highest opportunity available for traders! Nothing brings us more joy than to play a role in life-changing experiences, and we welcome you to join our Leeloo family, where we treat you like our own.See more
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