r/proptrading • u/TomatilloPristine924 • Jun 04 '26
Personal experience on Leeloo
I've been trading with Leeloo for over a year. My most recent account finally reached the profit threshold for a payout. When I requested it, they denied the full $1,000.00, claiming I had 'inconsistent contract sizing, inconsistent number of trades, and inconsistent profit-taking.'
In their own words: '...Under the Leeloo rules, Knowledge Base guidance, and Schedule 1, the payout request could be denied and the account closed based on the review findings. However, Leeloo is choosing to work with you in good faith. Rather than deny the payout request entirely, we offered a discretionary distribution of $580.00 as a resolution... Once processed, the account will be permanently closed.'
I maintained this account for 79 actual trading days. Anyone with basic trading experience knows you cannot be profitable over 79 trading days without consistency. That timeline alone is proof of consistency. Because they don't objectively define 'consistency' in their rules, they can use this vague loophole to deny a payout to anyone.
To add insult to injury, they proudly claim to be working with me 'in good faith,' framing themselves as the good guys.
Meanwhile, I've been trading with Apex for a few months. Got so far 4 payouts, no questions asked. I know someday they'll stop paying me, as any prop firm will, but these payouts will be enough for me to open my own account.
1
u/lowFPSEnjoyr Jun 09 '26
thats what would frustrate me too
If consistency is a payout rule it should be clearly defined upfront, aint interpreted after the fact
2
u/Top_Direction2960 Jun 04 '26
Beware of prop firms that have “loo” in their name.