How to Evaluate a Simulated Prop Trading Firm: LEVERAGED as…
By Karthik Subramanian
AI summary of the source article
Simulated prop trading firm LEVERAGED offers evaluation programs using virtual accounts, set risk limits, and contractual performance rewards. Its products include ONE, Turbo, Sprint, and Instant Rewards, which feature varying upfront fees, deferred charges, and loss thresholds.
Key facts
- LEVERAGED accounts use simulated trades and balances, and customer orders are not routed to live markets.
- The ONE program for a $100,000 account has a $188 upfront fee, a 6% profit target, a 3% daily-loss limit, and a 6% trailing maximum drawdown.
- The Turbo $100,000 plan uses a deferred-fee model totaling $549, requiring an initial $8.88 challenge fee and a $540.12 fee upon passing.
Source excerpt · FinanceFeeds
Understanding virtual trading accounts, evaluation fees, risk limits and contractual performance rewards Retail proprietary trading evaluations have made large notional account sizes accessible for relatively small entry fees. Yet the amount displayed in a trading dashboard, the fee a participant pays and the reward a participant may ultimately receive are three different things. Understanding tho…