Rank #16 of 16 · reviewed August 2026
Legends Trading review
Cheap (~$150 one-time 150K) but a reported pattern of closures right before payout
Verdict: avoid
Reported pattern of profitable accounts closed right before payout eligibility, ambiguous first-payout split, rule changes on existing accounts, and near-zero organic reputation. Research verdict: skip.
The verdict
This Legends Trading review is based on the firm's current rulebook, payout policy and reputation record as of August 2026 — scored the same way we score all 16 firms we track.
Cheap — Elite 150K at ~$150 one-time with no activation fee, EOD drawdown, 90/10 — but there is a reported pattern of profitable accounts closed right before payout eligibility, an ambiguous split on the first two payouts, a mini rug-pull precedent (live allocation cut 5 to 1 on existing accounts), and near-zero organic reputation at ~3.5 stars. The GFF Brokers pedigree doesn't offset it. Skip.
Trustpilot ~3.5/5 (~131 reviews); payout requests stuck 3+ weeks; rule change on existing accounts (live allocation 5→1); scam-site allegations overlap with Trustpilot complaint themes; near-zero organic Reddit footprint
What's good
- Genuinely cheap: Elite 150K ~$150 one-time, no activation fee
- EOD trailing drawdown, no daily loss limit in evals
- Real brokerage pedigree (GFF Brokers CEO)
- 20 accounts on one dashboard
What's not
- Alleged pattern of profitable accounts closed near payout eligibility
- Split ambiguity on the first two payouts
- Payout caps ($800-$3,500/cycle) and funded-level DLL appear after passing
- Young firm, ~131 reviews, no established payout reputation
The rules that matter
- Eval cost
- Elite 150K $230 one-time, $149.50 with; Elite 50K ~$97 one-time
- Activation fee
- None on Elite/STM; $99-$199 on Apprentice monthly
- Account sizes
- 25K, 50K, 100K, 150K
- Max accounts
- 20
- Drawdown
- EOD
- Consistency rule
- Apprentice/STM 30%, Elite 40% in eval; 30-40% maintained at funded level
- Profit split
- 90/10 — but only 'after second payout' per the official plans page; first payouts ambiguous
- Payouts
- ~5-7 winning days of $200+ per payout, min $500-$1,000, caps $800-$3,500/cycle, up to 2x/month, 1-5 business days processing; buffer $1,000-$3,500 by size; 90/10 'after second payout' (first two ambiguous).
- Platforms
- Tradovate, NinjaTrader, Rithmic, Sierra Chart, Quantower, TradingView via Tradovate
- Data feed
- multiple (Tradovate/Rithmic)
- Typical discount
- site banner: 80% off Apprentice / ~35% off Elite / 40% off STM; quasi-evergreen
Legends Trading FAQ
Is Legends Trading legit?
Trustpilot ~3.5/5 (~131 reviews); payout requests stuck 3+ weeks; rule change on existing accounts (live allocation 5→1); scam-site allegations overlap with Trustpilot complaint themes; near-zero organic Reddit footprint
What drawdown does Legends Trading use?
Legends Trading uses a EOD drawdown. End-of-day drawdown only updates at session close — the most forgiving structure.
How do payouts work at Legends Trading?
~5-7 winning days of $200+ per payout, min $500-$1,000, caps $800-$3,500/cycle, up to 2x/month, 1-5 business days processing; buffer $1,000-$3,500 by size; 90/10 'after second payout' (first two ambiguous).
Is there a Legends Trading discount code?
Discounts of 30–90% are evergreen across the industry (Legends Trading: site banner: 80% off Apprentice / ~35% off Elite / 40% off STM; quasi-evergreen). Never pay list price.