“Summary of Leveled Up Society that Empowers Traders with Game-Changing Funding Opportunities“
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An American prop (proprietary) company called Leveled Up Society (“LUS”) provides cash to traders who are prepared to complete a two-phase challenge. The first phase lasts 30 days, followed by a 60-day second phase. During the challenge, the trades are not brought to the interbank market. Traders who complete the challenge are awarded a balance between $25,000 and $200,000, with a potential maximum of $1,000,000. The only kind of account that Leveled Up Society offers is one. No financing is available right away. The initial charge is refundable after completing the challenge and ranges from $149 to $249, depending on the remaining balance. The traders split the profits by 80%. Trading is possible in currencies, cryptocurrencies, equities, indices, metals, commodities, and raw materials. Leverage depends on the asset, its maximum is 1:100. The prop firm is partnered with the EightCap broker. The platform offers a standard referral program with bonuses for invited users.
Account currency | USD |
---|---|
Minimum deposit | $149 |
Leverage | Up to 1:100 |
Spread | No |
Instruments | Currency pairs, cryptocurrencies, stocks, indices, commodities, raw materials, and metals |
Margin Call / Stop Out | No |
“Leveled-up society: review pros, cons, and key features“
Pros of trading with a level-up society
- Within a 30-day cycle, clients are required to trade for at least 5 days. There are no additional limitations;
- The sole requirement for profit targets is for traders to keep an eye on drawdowns.
- Profits are divided by partners at 80%. There are no additional fees;
- Profits can be withdrawn to bank cards, e-wallets, or cryptocurrency wallets;
- After the challenge is finished, platform partners can get up to $200,000 on their accounts; scaling is open to all firm partners. The highest balance allowed is $1,000,000.
Cons of trading with a level-up society
- There are still certain limitations, despite the freedom of activity. When trading news, for instance, it is required to maintain a delay;
- The company’s partners can only trade through MetaTrader 4 (MT4) and MetaTrader 5 (MT5), therefore, other trading platforms are not available;
- Through email and live chat, Leveled Up Society’s technical help can be reached.
- The most effective form of communication is a call center, but one is not available.
Key Features:
Account currency | USD |
---|---|
Minimum deposit | $149 |
Leverage | Up to 1:100 |
Spread | No |
Instruments | Currency pairs, cryptocurrencies, stocks, indices, commodities, raw materials, and metals |
Margin Call / Stop Out | No |
Overview:
Similar to its top rivals, Leveled Up Society offers favorable trade circumstances. The platform offers several financial instruments, large leverage, and a dependable broker. The challenge consists of two phases, the initial payment is refundable, and there are few trading limits. A trader’s profit share is 80%, which is favorable. LUS traders have access to the highest level of leverage starting on the first day of trading on a live account. All they need to do is set a stop loss and keep an eye on the drawdown. Socially active traders may be paid for referring users as extra income.
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“Top 2 Leveled Up Society Customer Reviews 2023“
Eladio Lesch, professional trader
Jacksonville, City in Florida.
I chose a balance of $100,000 with an initial fee of $539. The fee was fully refunded as soon as I completed the challenge. The test is standard. In my opinion, it is quite easy, and even a novice trader can handle it. The time limits are 30 days and 60 days, but it can be completed much faster. It’s a pity there are no instant funding accounts, because otherwise, I wouldn’t have had to waste my time.
The trading conditions are standard. It is possible to transfer positions overnight and trade during the weekends. Advisors are now prohibited, though earlier there was no such restriction. You can trade news, but you must keep a time delay in order not to receive a soft warning. This is written in the FAQs section. Also, there are a number of important points. In general, freedom of action is relative. Still, be sure to trade at least 5 days within the month.
Drawdowns are similar to those of the firm’s competitors. The total drawdown is up to 8%, and the daily drawdown is up to 5%. There is no mandatory profit target, it is relevant only at the challenge stage. If traders want to scale, they need to make an income. Scaling is simple. You make an income and get more funds in your account. And so on, up to $1,000,000. This is not the highest amount among the top prop firms, but the vast majority of traders do not even need that much money. I want to distinguish the leverage. It goes from 1:2 for cryptocurrencies to 1:100 for currency pairs. Since there are many assets, there are no problems with the choice, and it is convenient to diversify risks. Trading with Level Up Society is at your own risk.
Sabina Strosin, novice trader,
Orlando, City in Florida.
Last month, I completed the challenge. There were no problems, the initial fee was actually refunded. I chose the balance of $25,000. I must say right away that Leveled Up Society offers only one type of account. It is the standard one. There are no aggressive, instant funding, or other accounts. All traders have similar conditions, you don’t have to puzzle over which conditions suit you best. All you need is to choose the balance, complete the challenge, and start trading. Restrictions are medium, I have met platforms where they were very tough. Many firms allow the use of advisors, but LUS prohibits using them. Also, there is a limit on the minimum activity. You must trade at least 5 days a month. But for the rest, you need to watch the drawdown and not forget to place a stop loss.
If you receive two warnings, a disputed position is simply closed, and no penalties are implied. After the third warning, the account is completely blocked. Of course, you can register a new account, but no one will return your earned profit. On the other hand, the total drawdown is up to 8%, and the daily drawdown is up to 5%. I have medium trading experience, but even with my knowledge of money management, it is clear that if you trade adequately, without too much risk, such a drawdown is easy to avoid. That is why, in general, I have no questions about the platform, and I intend to continue trading here. Trading with Level Up Society is at your own risk.
Start Trading With a level-up society
“Expert Review of Leveled Up Society“
Leveled Up Society is one of the youngest representatives of its segment. However, being a partner of the Australian broker, it quickly gained confidence in the global market. Now the firm has more than 40,000 traders from 94 countries, which is a significant achievement. In addition, the Trustpilot platform gives the firm 4.5 out of 5 points, which is a high score.
The prop trader does not offer unique mechanisms for its trading conditions. Everything is simple, transparent, and intuitive. Traders choose a balance from $25,000 to $200,000, pay initial fees, and complete a two-phase challenge. In the first phase, which takes 30 days, your profit target is 8% and in the second 60-day phase, the profit target is 5%. During the challenge, traders work on demo accounts, but with real quotes. Upon successful completion of two phases, traders become partners of the prop firm, their initial fee is refunded, and their account gets funded by LUS.
The account balance can be scaled. To do this, you need to constantly trade in the positive. Then, regardless of the initial funds, the amount can be incrementally increased up to $1,000,000. Traders have the opportunity to transfer positions overnight and trade during the weekends. Trading news is available with some restrictions.
Usually, experts and users agree on the main advantages of the platform. First, there is a large choice of assets, namely currencies, cryptocurrencies, stocks, indices, raw materials, commodities, and precious metals. Leverage is available for all instruments, and its maximum is 1:100. The trading mode is relatively free, and it is necessary to be active at least 5 days a month. Activity means at least one closed position. In general, this is a standard limitation. Note that you can only trade through MT platforms, including their mobile versions. Other solutions are not available, which is sometimes regarded as a disadvantage.
The partner’s profit split is 80% from the first day of trading on a live account. This is a fairly high indicator because there are many firms that pay 50%–70% to traders. As a source of additional income, you can consider a referral program. Thus, according to the sum of the factors, Leveled Up Society is recommended for review by traders of all levels.
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