In summary, Level Up offers many highlights despite being a relative newcomer to the prop trading market. These are two of the most popular forex trading platforms, with MT5, offering access to more products including individual stocks and all 250 cryptocurrencies. This, again, is because of Level Up’s partnership with Eightcap. Level Up provides access to both MetaTrader trading platforms, MT4 and MT5. Trading with higher leverage gives you more buying power with less equity required to trade. You can, however, increase leverage up to to 20:1 for forex and metals, with an add-on at the checkout. The maximum leverage you can obtain is 10:1, which applies to forex, metals and indices. As such, you can trade 46 forex pairs, 400 stocks across Australia, Europe and the U.S., 10 indices, 4 commodities and over 250 cryptocurrencies. Level Up has a partnership with Eightcap, which means you have access to the same products that Eightcap offers. You will not pay any additional fees once you pass the audition, a major benefit of Level Up as a prop firm. The audition involves trading objectives as follows: Level Up is one of the very few brokers to only have a 1-step audition process (most require 2). You only need to pass a 1-step audition in order to qualify as a funded trader.
Level Up does, however, boast the lowest fee for the $100,000 account, at $685 across the prop trading industry.
This means you earn 75% of all profits you make while trading with Level Up.įees start at $249 for Level 1 ($25,000) and go up to $6750 for Level 6 ($1,000,000), which is in line with the industry average. You can start at $25,000 and work all the way up to $1,000,000 with the same profit split and trading objectives for each level.Įvery funding account has a profit split of 75%, even from the audition stage. Level Up offers one main account structure, with 6 different levels, based on funding amounts (or starting capital). This ensures Level Up is designed for prop traders of all levels of experience. Level Up is a recently launched prop trading firm with affordable fees, a simple audition process and a great profit share arrangement. Level Up Cheapest $100,000 Prop Trader Account
Below, we will explore the best proprietary trading firms in the industry and their unique benefits to prop traders. This limits your downside risk and maximises your potential earnings. A proprietary trading firm provides its own capital for you to trade with while offering a percentage of the profits you earn.
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