Legends Trading rules
Evaluation consistency
ConditionalLegends Trading has no consistency requirement in the Apprentice evaluation. The Elite evaluation requires 40% consistency, which works out to 3 trading days.
Funded consistency
ConditionalLegends Trading funded Master Accounts have varying consistency: 35% for Apprentice Masters and 40% for Elite Masters.
News trading
ConditionalApprentice Master Accounts may not trade within 2 minutes before or after a Tier-1 news release. Elite accounts (Evaluation and Master) may trade through Tier-1 news events, and profits are payable.
Swing trading
Not allowedCopy trading
AllowedAlgorithmic trading
AllowedScalping
ConditionalFlipping is prohibited: entering and exiting a position within an extremely short window to capture minimal price movement rather than a structured trade. No minimum hold time or tick threshold is set.
Dollar cost averaging
Not allowedHedging
Not allowedHigh frequency trading
ConditionalRapid trading is permitted, but taking hundreds of rapid trades to exploit preferential SIM queue position is treated as Prohibited Conduct.
VPN use
AllowedVPS use
AllowedKYC
AppliesEvaluation time limit
NoneInactivity rule
ConditionalAccounts (Apprentice and Elite, evaluation and Master) that go more than 20 trading days or 30 calendar days without a trade, whichever occurs first, are automatically deactivated and forfeited.
Clear path to live
ConditionalEligible after 5 total payouts across Sim Funded accounts, OR 3 payouts on one account, OR $30,000+ in simulated payouts since the last Live transition, or sooner at Risk Management discretion. Moving to Live forfeits all Sim accounts.
Legends Trading platforms, data and hours
Trading platforms
- NinjaTrader
- Tradovate
- TradingView
- R|Trader Pro
- ATAS
- Sierra Chart
- Quantower
Brokers and data feeds
- Rithmic
- Tradovate
Tradable assets
- Futures
Legends Trading country availability
Legends Trading restricts 4 countries and accepts traders everywhere else, including United States. Restriction lists change without notice, so confirm with the firm before you buy.
Restricted per the OFAC sanctions list; Rise conducts its own due diligence at onboarding.