1. Multiple practice accounts and Leeloo Performance Account™
(Leeloo™ allows a maximum of ten (10) concurrent accounts under ONE Rithmic ID and provides you a FREE license key to trade those accounts)
2. Only ONE Rithmic User ID
allowed per trader or accounts may be terminated
3. Maximum number of total accounts allowed? (We recommend no more than 6 but the limit is 10 active Performance Accounts per Trader in total.)
Multiple Practice Accounts:
Traders are permitted to purchase and operate more than one practice account at the same time, as long as they are all associated with the same Rithmic ID. (See #1 & 2). Likewise, traders are permitted to operate more than one Leeloo Performance Account™simultaneously. Multiple Leeloo Performance Account™ will not be combined into one larger account and each
require their own small monthly fee (INFO
) of $88 per month or one-time fee of $250 regardless of the size of the account. Traders will have the option of an Accelerator Glide $100k 2 contract static or investor $25k trailing drawdown. If the trader has 3 accelerators, they will get the $25k trailing drawdown.
Only ONE Rithmic User ID permitted:
A trader may only register for ONE leelootrading.com membership. (A username and associated email address). A Rithmic User ID will be assigned upon the first account purchase. However, traders are only permitted to register ONE Leelootrading.com
membership (username) and likewise will have only ONE Rithmic User ID.
for clarification on the difference between Leeloo™ Usernames, Rithmic ID, and account numbers.
Multiple account numbers all begin with the same Rithmic User ID- but are differentiated by a suffix.
LL000907 = Rithmic User ID
LL000907-001 = Account Number
LL000907-002 = Account Number
If a trader wishes to purchase additional practice accounts, be sure to LOG IN FIRST with your Leeloo™ username and password at leelootrading.com
. From inside your membership, you can select the additional accounts you wish to purchase from the dropdown menu. Maximum of ten (10) concurrent accounts under 1 login. Traders will have the option of an Accelerator Glide $100k 2 contract static or investor $25k trailing drawdown. If the trader has 3 accelerators, they will get the $25k trailing drawdown.
In this fashion, all accounts will be assigned to the same Rithmic User ID.
WARNING *If a trader is discovered to have registered more than one Leeloo™ membership and operate more than one Rithmic User ID, that account is subject to termination.*
Is there a limit on the number of accounts I can operate?
Presently, yes, Leeloo™ has set a defined limit of ten (10) Leeloo Performance Account™ that can be operated concurrently. However, we recommend no more than 6, and Leeloo™ reserves the right at any time to cap a trader and/or request that a trader not purchase more than they already have.
Exception. The Accelerator Leeloo Performance Account™ has a 3 account limit this will apply towards the 10 Performance Account total.
The Weekly (WK) practice and Performance Accounts have a 3 account limit this will apply towards the 10 Performance Account total.
Traders may NOT
operate more than 3 Accelerator accounts or Weekly (WK) accounts simultaneously. If a trader has reached the limit of 3 Accelerator Leeloo PA™ and qualifies additional accounts, the Leeloo Investor PA™ option must be selected for the remaining accounts. If the additional qualified accounts are the 2 contract Glide
practice accounts, the trader will be given 3 contract Investor Leeloo PA™ instead (of the Accelerator Leeloo PA™).
Warning: Do NOT engage in any trading activity with money you cannot afford to lose. Day trading can be extremely risky and offers no guarantee for success. You should not fund day-trading activities with retirement savings, student loans, second mortgages, emergency funds, funds set aside for purposes such as education or home ownership, or funds required to meet your living expenses.
If you engage in day trading activities, set a budget and do not spend beyond your set budget.