Legends Trading review
Subscription-based futures evaluations with same-day funding claims.
Profit split
90%
First payout
~14 days
Drawdown
End-of-day trailing
Payout proof
70/100
The verdict
A young but legitimately structured futures firm with a founder who also runs a licensed brokerage. Reasonable terms on the cheaper tiers; check the Elite consistency clause carefully before buying that plan specifically.
How Legends Trading actually works
Legends Trading is a futures prop firm founded in February 2023 and based in Calabasas, California, run by Greg Khojikian, who also serves as CEO of GFF Brokers — a detail that gives the firm slightly more corporate substance than a purely marketing-led evaluation shop. It offers three evaluation paths at different price points and speeds: Apprentice, Straight to Master, and Elite, with account sizes from $25,000 to $150,000.
Its core mechanical pitch is an end-of-day trailing drawdown with no daily loss limit and a 90/10 profit split — a rule combination that, when genuine, is one of the more trader-friendly setups in the discount futures segment. TradersPost compatibility via Tradovate also makes it a reasonable option for traders running semi-automated or fully automated strategies. Independent reviews are mixed: some flag it as a legitimate budget option, others note inconsistent patterns worth watching given the firm's short operating history.
Pros
- End-of-day trailing drawdown with no daily loss limit
- Three evaluation paths (Apprentice, Straight to Master, Elite) at different price points
- TradersPost compatibility suits automated and semi-automated strategies
Cons
- Founded 2023 — a thin public payout record versus older futures firms
- Consistency rule tightens sharply on the Elite tier
Key facts
- Founded
- 2023
- Headquarters
- Calabasas, California, USA
- Evaluation
- 1-step
- Entry price
- $59
- Max allocation
- $150k
- Payout frequency
- Twice per month
- Consistency rule
- None on Apprentice, up to 40% on Elite
- Platforms
- Tradovate, TradersPost, TradingView
Rules that decide the outcome
End-of-day trailing drawdown, no daily loss limit
The stop-out floor only recalculates at session close, and there is no separate per-day loss cap layered on top — reducing one of the most common ways traders get stopped out at cheaper futures firms.
Consistency rule differs sharply by tier
The Apprentice path carries no consistency requirement, while the Elite path applies a consistency rule reported around 40% of profit concentration. Choose your evaluation path with that difference in mind, not just on price.
Three-tier evaluation structure
Apprentice, Straight to Master and Elite differ in price, speed to funding and rule strictness — read the specific tier's terms rather than assuming they're interchangeable.
Payouts: how money leaves Legends Trading
Legends Trading processes payouts twice per month on funded accounts. As a firm founded in 2023, its public payout evidence trail is real but still comparatively thin next to the established futures names — factor that into how much you're comfortable holding unwithdrawn at any time.
The firm's marketing emphasizes same-day or fast-track funding on some evaluation paths; verify current timelines directly, since third-party reviews describe the pricing and structure as having shifted across evaluation cycles.
What it really costs
Pricing ranges from roughly $59 at the cheap end up to several hundred dollars for the Elite tier and larger account sizes, with additional activation-fee considerations reported by some reviewers. Compare the total cost of the specific tier you want against competitors offering similar account sizes.
Because pricing and terms have moved across the firm's short history, treat any third-party price table — including this one — as a starting point and confirm the live checkout price before buying.
Good fit for
- · Budget futures traders who want an end-of-day drawdown with no daily loss limit
- · Traders using TradersPost or Tradovate-based automation
- · Traders comfortable with a newer firm backed by a named brokerage-industry founder
Look elsewhere if
- · Traders who specifically want the Apprentice tier's looser consistency rule but plan to trade Elite-sized accounts
- · Anyone requiring the deepest possible public payout track record
- · Traders who want a single, unchanging pricing structure
Legends Trading FAQ
Who runs Legends Trading?
It's led by Greg Khojikian, who is also CEO of GFF Brokers, giving the firm a named leadership connection to the brokerage industry rather than being fully anonymous.
Does Legends Trading have a daily loss limit?
No — the core plans use an end-of-day trailing drawdown without a separate daily loss cap, which is one of its stronger selling points.
What's the difference between the Legends Trading evaluation tiers?
Apprentice, Straight to Master and Elite differ in price, speed to funding, and consistency-rule strictness. Elite applies a consistency requirement around 40%; Apprentice does not.
How established is Legends Trading?
Founded in February 2023, so it's a comparatively young firm. It has a credible named founder but a shorter public payout history than firms like Topstep or Apex.