Leveled Up Society Review

Leveled Up Society seeks passionate and experienced traders, offering them capital and higher profit opportunities, along with excellent trading conditions, competitive prices, and reliable payouts.

Pros

  • Account balance up to $1,000,000 with boundless evaluation retries
  • Profit shares of 80% to 90% with fortnightly distributions
  • Open positions permitted overnight and on weekends
  • Account scaling features with 1:100 leverage
  • Comprehensive trading assets: forex, commodities, and more.

Cons

  • Trailing drawdown for single-step accounts
  • Martingale tactic is off-limits
  • Restrictions on news-based trading

Leveled Up Society gauges the capabilities of their traders through a dual-stage evaluation system. Here, a practice account loaded with simulated capital is provided, and their trading activities are under scrutiny.

Leveled Up Society is on the lookout for dedicated and adept traders. With their capital support, these traders are expected to demonstrate their prowess in the ever-fluctuating market dynamics. There's an opportunity to manage accounts as large as $200,000, earning a hefty 80% from the profits. This can be realized by trading in forex, commodities, among other instruments.

Who is Leveled Up Society?

Leveled Up Society is a trading institution, established in June 2022. While its primary base is in the US, it offers traders the leverage of capital reaching $200,000. Eightcap is their affiliated brokerage firm.

Their operational hub is situated at 1001 Brickell Bay Dr #2700h, Miami, FL 33131, United States.

Trader Funding Options

Leveled Up Society presents two distinctive programs for traders:

  • Single-phase challenge accounts
  • Dual-phase challenge accounts

One-Step Evaluation Challenge Account

This program by Leveled Up Society is designed to pinpoint traders who maintain consistency. The reward is for sustained performance throughout a single evaluation period, with a trading leverage of 1:30.

To clear the one-step challenge, traders must aim for a 10% profit, ensuring they stay within the bounds of 3.5% daily and a cumulative 6% trailing loss. The duration for this challenge is unlimited, with no mandates on minimum active trading days.

Upon completion, traders are granted a funded account. Here, they aren't bound by any profit objectives but must adhere to the aforementioned loss limits. Initial profits are shared at an 80% rate, counted 30 days from the first trade on this account. Subsequent profits are distributed every two weeks.

Scaling Plan for One-Step Challenge

Scaling is achievable under the one-step challenge. To qualify, traders must register profits for three consecutive months. The condition is: two of these months should be profitable, with an average profit exceeding 15% over the quarter. If met, the account gets a 25% boost in capital, and the profit share rises to 90%.

Example:Consider these profits over three months:

  • Month 1: 4.2% (Profits withdrawn)
  • Month 2: 5.8% (Profits withdrawn)
  • Month 3: 6.2% (Profits withdrawn)

The cumulative profit stands at 16.2%, surpassing the 15% benchmark, thus qualifying for account scaling.

Permitted trading instruments encompass forex, commodities, indices, and cryptocurrencies.

Rules for One-Step Challenge Account

  • Profit Objective: An assigned percentage marking the profit goal before moving to the next phase, withdrawing profits, or scaling the account. The target is set at 10% for evaluations, with no targets on funded accounts.
  • Daily Loss Cap: The highest permissible loss in a day before the account stands violated. All accounts have this limit set at 3.5%.
  • Trailing Drawdown: This signifies the difference between the account's peak balance and the highest drawdown. The cap for all accounts is 6%.
  • News Trading: Trading is restricted during high-impact news events. A window of 2 minutes before and after such events is off-limits.
  • No Martingale: The use of the martingale strategy is strictly prohibited.
  • Copy Trading Risk: Engaging in copy trading brings in the risk of mirroring strategies already in use by other traders. This might breach the maximum capital allocation rule, jeopardizing account funding or withdrawals.
  • EA Risk: Using a third-party Expert Advisor (EA) may replicate strategies from other traders. This can potentially breach the capital allocation rule, risking funded accounts or withdrawals.

Two-Step Evaluation Challenge Account

Leveled Up Society’s two-step trading evaluation program is curated to spotlight traders who consistently showcase discipline and skill. Participants, during this program, are granted the privilege to trade with a leverage of 1:100.

Available Account Sizes & Pricing

First Phase of Evaluation

During this phase, participants are expected to attain a profit margin of 8% without exceeding a 5% daily loss or an 8% cumulative loss. The trading duration is open-ended, however, a minimum of 5 trading days is compulsory to advance to the second phase.

Second Phase of Evaluation

Here, a 5% profit margin is the target, while the 5% daily loss or 8% overall loss thresholds remain unchanged. An unlimited trading span is available, with a minimum trading necessity of 5 days for eligibility to the funded account.

Upon successful completion of both phases, participants earn access to a funded account without profit limitations. The primary prerequisites involve adhering to the 5% daily loss and 8% overall loss guidelines. Initial profit withdrawal is slated for 30 calendar days post the inaugural position in the funded account. Subsequent payouts follow a bi-weekly schedule, with a generous 80% profit split.

Scaling Plan for Two-Step Challenge

A scaling blueprint accompanies the two-step challenge accounts. To qualify, profitability over a three-month span is crucial, with at least two of these months registering profits. A subsequent 25% augmentation of the original account balance is the reward.

Illustration:

  • Post 3 months: A $200,000 account swells to $250,000.
  • The ensuing 3 months: $250,000 amplifies to $300,000.
  • The subsequent 3 months: $300,000 escalates to $350,000.

...and it continues in this pattern.

Trading Categories Available

The trading spectrum spans forex pairs, commodities, indices, and cryptocurrencies for participants in the two-step challenge.

Rules for Two-Step Evaluation Challenge

  • Profit Goals: Specific profit percentages that traders must achieve before transitioning between phases or withdrawing earnings. Phase 1 demands 8%, while phase 2 is set at 5%. No goals for funded accounts.
  • Daily Loss Cap: A daily loss threshold of 5% exists across all account sizes, beyond which accounts are deemed non-compliant.
  • Cumulative Loss Limit: All account types are restricted to an 8% overall loss.
  • Trading Days Minimum: A minimum of 5 trading days is mandated for either phase completion or withdrawal requests.
  • News Trading: Trading during significant news announcements is off-limits. A window of 2 minutes pre and post-news is non-tradable.
  • Martingale Strategy: The usage of any martingale strategy variant is prohibited.
  • Copy Trading Risks: Relying on third-party copy trading might mirror strategies already employed by other traders. Overstepping the capital allocation rule could lead to denial of account funding or withdrawals.
  • Third-party EA Considerations: Employing a third-party Expert Advisor (EA) may mirror strategies of other traders. Transgressing the capital rule could result in account funding or withdrawal denial.

What distinguishes Leveled Up Society from other trading companies?

Leveled Up Society stands out from many top-tier trading firms by introducing two unique funding routes: one and two-step challenges. They further set themselves apart with their flexible trading guidelines. Trades can be sustained overnight and throughout weekends, although trading during major news events is somewhat restricted.

When you contrast Leveled Up Society with other trading firms, they provide a one-step evaualtion challenge that necessitates traders to finalize a single stage before qualifying for withdrawals. The profit margin set is 10%, accompanied by a 3.5% daily cap and 6% trailing loss constraints. It's also worth highlighting that there's no stipulated minimum or maximum trading day boundaries during this assessment span. One-step assessment challenge accounts come with a scaling blueprint. In relation to other top-notch trading firms, they uphold standard trading regulations and don't impose any trading timeframe restrictions.

In contrast to many trading firms, Leveled Up Society also presents a two-step assessment challenge which obligates traders to finish both stages to qualify for withdrawals. For phase one, the profit objective is 8%, and it's 5% for phase two, combined with a 5% daily and an 8% overall loss limits. Trading for at least 5 days in each phase is a prerequisite to receive funding. Two-step assessment challenge accounts are also paired with a scaling blueprint. When measured against other top-tier trading firms, they have comparatively modest profit goals with no time-bound trading constraints.

Comparison between Leveled Up Society & My Forex Funds

Comparison between Leveled Up Society & True Forex Funds

Comparison between Leveled Up Society & FundedNext

To wrap up, Leveled Up Society is distinct from the majority of top-tier trading firms. They shine by offering dual funding avenues, encompassing flexible trading regulations, and ensuring no set trading time constraints. Trades can be sustained overnight and through weekends, though there are slight restrictions during high-impact news events.

Is securing capital from Leveled Up Society achievable?

When examining prop firms that align with your forex trading preferences, it's vital to understand how achievable the trading prerequisites are. While a firm promising a significant % profit division on a well-funded account might appear enticing, if they demand substantial % monthly returns combined with minimal % maximum drawdowns, the likelihood of triumph dwindles significantly.

Obtaining funds from the one-step assessment challenge accounts seems plausible mainly because they propose a median profit objective of 10% coupled with moderate loss constraints (3.5% cap on daily and 6% trailing loss).

Obtaining funds from the two-step assessment challenge accounts is feasible largely because they set moderately low profit aims (8% in the first stage and 5% in the subsequent one) combined with just below median loss regulations (5% cap on daily and 8% total loss).

Given these details, Leveled Up Society emerges as a prime option for securing funding. They present two distinct funding paths, each with practical trading goals and conditions for payout eligibility.

Proof of payouts

Leveled Up Society commenced operations in April 2021. Once funded, your initial withdrawal is accessible after 30 calendar days. Subsequently, traders qualify for payments every two weeks.

Evidence of payouts is showcased in the ensuing two Instagram entries:

Furthermore, individuals can locate proof of payouts within Leveled Up Society’s Discord group in the “Payouts” category.

Who is the broker for Leveled Up Society?

Leveled Up Society collaborates technologically with Eightcap, a broker overseen by ASIC, located in Melbourne, Australia. Established in 2009, they embarked with a clear, unambiguous mission: delivering superior financial offerings to their clientele. They operate from five international offices and, given their regulatory presence in diverse regions, serve clients globally, enabling them to participate in markets spanning FX, indices, commodities, and equities.

Eightcap holds a moderate-risk rating, boasting a Trust Score of 73 out of 99. Their portfolio includes:

  • Forex Trading
  • CFD Trading
  • Cryptocurrency Trading
  • Social Trading/Copy Trading
  • An assortment of 326 Tradable symbols
  • An assortment of 45 Forex Pairs

They introduce two account categories: Raw and Standard. Charges and tariffs hinge on the selected account. Fees for Standard accounts are embedded in the spread, while Raw accounts incorporate them as commissions. An essential fee to be mindful of is the overnight charge, an interest applied when maintaining an open trade position through the night.

Identified as a MetaTrader-exclusive broker, they extend the offerings of MetaTrader 4 and its successor, MetaTrader 5, designed by MetaQuotes Software Corporation.

They curate a bespoke trading journey, bolstered by a high-performance tech framework for trading. Their commitment was recognized when they clinched the title of Best Global Forex MT4 Broker in 2020 at the Global Forex Awards.

Regarding their trading platforms, they facilitate operations on Meta Trader 4 and the advanced MetaTrader 5.

Trading instruments

with 1:100 leverage

with 1:40 leverage

with 1:30 leverage

;and cryptocurrencies with 1:2 leverage.

Trading fees

Trading commission:

Spread:

To see the live spreads, please use these login credentials to access the trading account below:

Platform: MetaTrader 4

Server: EightcapLtd-Demo2

Login Number: 20073579

Password: FTPNewPW2023!

Download Platform: Click here

Training & Assistance for traders

Leveled Up Society doesn't offer educational materials on their platform.

They present a user-friendly dashboard accessible to all their customers, streamlining the risk management process with a comprehensive overview of performance metrics.

Trader control panel – Analytics section displaying active trades

Feedback from Traders on Leveled Up Society

Feedback regarding Leveled Up Society is moderately balanced.

On Trustpilot, there's an expansive range of community members posting and sharing positive impressions, reflected in their commendable rating of 3.7/5 from 745 evaluations. They're also complemented by a dedicated support crew ready to supply any necessary details you might seek.

The trading community values the straightforward procedures and trading guidelines offered. Further, Leveled Up Society boasts a dependable client service team that’s attentive and ensures queries are comprehensively addressed.

Digital Presence Metrics

Leveled Up Society maintains an active digital presence.

Their portfolio includes:

An Instagram profile boasting 25.7k enthusiasts, andA Youtube channel attracting 5.16k subscribers and featuring 23 video contents.

Help & Support

An FAQ section is hosted by Leveled Up Society, which could be a go-to for any unanswered queries.

You can reach out to their support team via their social platforms or directly through their official email at support@leveledupsociety.com.

Their online chat support, embedded in their site, operates 24/5, spanning from Monday to Friday.

Summary

To summarize, Leveled Up Society stands as a genuine proprietary trading entity, presenting traders the flexibility of opting between two capital programs: one-step challenge portfolios and two-step challenge portfolios. They proffer reasonably flexible trading norms and there's no cap on trading duration. Holding trades post-market hours and across weekends is permitted, albeit news trading has certain restrictions.

The One-step evaluation challenge portfolios necessitate traders to clear a singular stage prior to attaining funding and qualifying for profit divisions. Traders are tasked to hit a 10% profit margin to secure funding, a realistic goal considering the 3.5% day-to-day drawdown cap and 6% trailing drawdown regulations in place. Within one-step evaluation initiatives, traders can secure profit shares ranging from 80% to 90%, accompanied by account scalability provisions.

The Two-step evaluation challenge embodies a two-tiered assessment model, where traders need to clear both stages to unlock funding and be in line for profit distributions. Here, traders need to hit 8% in the initial stage and 5% in the subsequent one to attain funding - pragmatic aims when viewed against the 5% daily cap and 8% overall loss restrictions. With these evaluation initiatives, traders stand to gain 80% profit shares, coupled with the perk of scaling their portfolios.

Leveled Up Society is a recommendation for any trader scouting for a trustworthy prop entity characterized by transparent regulations and clear trading goals. They extend superior trading conditions catering to a diverse trader community with varied trading blueprints. Assessing all that Leveled Up Society brings to the table, they undeniably rank among the more promising proprietary trading entities in the market sphere.

This critique centered on Leveled Up Society underwent its latest revision on 19.07.2023 at 12:51 (CE(S)T).

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