How to Get Started with LeseUp Trading?
Introduction
LeseUp is a funded trading program that provides a unique opportunity for traders to get funded, trade the markets, and receive a percentage of their profits. It has a simple trading evaluation process where a trader is allowed to trade with an evaluation account to prove their skills and trading strategies. In this blog post, we will discuss how LeseUp works, how to buy your account, and the rules you must follow while trading.
How Does LeseUp Work?
Once you purchase an evaluation account, you will receive an email with Tradovate platform access codes. Follow the instructions below to get started:
- Go to the link https://trader.tradovate.com/.
- Enter your given credentials in the Evaluation Account purchase Email. The credentials are in the “Platform Information” section within the Email.
- Select “Non-Professional” in the “Market Data Subscriber” Certification Notice that appears. Do not select any other option.
- Complete the following forms until finished.
- Select “Simulation” – “Continue” on the “Select a Trading Mode” page.
- The platform will take you to your account, and you can start trading. Please note that when you purchase an evaluation account, you will receive a PDF with installation guides. You can find them at https://leseup.com/mi-cuenta/downloads/.
How to Buy Market Data?
LeseUp offers traders the opportunity to purchase market data from $4 a month, allowing traders to buy data only for the instruments they need. Follow the steps below to buy market data:
- Purchase your evaluation account
- Once you purchase your evaluation account, you will receive a PDF with installation guides.
- You can find the installation guides at https://leseup.com/mi-cuenta/downloads/.
- Purchase the market data directly from the Tradovate platform. Please note that funding companies buy market data within the cost of their evaluation account and may buy instrument data they do not need, which is why LeseUp lowered the evaluation accounts’ costs.
Evaluation Accounts and Performance Accounts Rules
Evaluation accounts have a simple rule: “Do not reach the minimum established for each account.” The account balance must not exceed the loss limit of the chosen account, and you must not trade more than three overnight micro-contracts. To pass the evaluation, you must have at least ten trading days, and your balance at the end of the day must be greater than the goal of the chosen account. Performance accounts require traders to trade for a minimum of twenty trading days, and they must reach the threshold established for each evaluation account plus $100 to withdraw benefits. Please note that all accounts will be monitored according to the agreement.
Withdrawal Rules
To make a withdrawal, you must meet the threshold described previously. For the first four months, withdrawals from evaluation accounts will be flexible and based on the established withdrawal scale. After the fifth month, you can withdraw what you want, as long as you respect the established threshold. To request a withdrawal, generate a TICKET at the Help Desk, with the subject “Payment for Performance benefits.” Once payment is requested, do not trade until we confirm that your balance has been adjusted. Payment methods are through international transfers for $2000 or more and PayPal for $2000 or less.
Instruments You Can Trade
LeseUp provides traders with a wide range of instruments to trade. The list of instruments you can trade is as follows:
Exchange CME
- E-mini S&P 500
- E-mini NASDAQ 100
- Russell 2000
- Micro E-Mini S&P 500
- Micro E-Mini Nasdaq-100
- Micro E-Mini Russell 2000
- Nikkei NKD
- E-mini Midcap 400
- Australian Dollar
- British Pound
- Canadian Dollar
- Euro FX
- Japanese Yen
- Swiss Franc
- New Zealand Dollar
- Lean Hogs
- Live Cattle
- Feeder Cattle
- E-Micro Gold
- E-Micro AUD/USD
- E-Micro EUR/USD
- Micro Bitcoin
- Micro Ethereum
Exchange CBOT
- Mini-DOW
- Micro 10 Year Yield Futures
- 2-Year Note
- 5-Year Note
- 10-Year Note
- 30-Year Bond
- Ultra-Bond
- Corn
- Wheat
- Soybeans
- Soybean Meal
- Soybean Oil
Exchange COMEX
- Gold
- Silver
- Copper
- Platinum
- Palladium
- E-mini Silver
- E-mini Gold
Exchange NYMEX
- Crude Oil
- Mini Crude Oil
- Natural Gas
- E-mini Natural Gas
- Heating Oil
- New York Harbor
- Micro Crude Oil
In conclusion, LeseUp is an excellent platform for traders to get funded and receive a percentage of their profits. Please follow the guidelines mentioned above to get started and trade responsibly.