1. Multiple practice accounts and Performance-Paid Trading™ Accounts
(Leeloo™ allows MULTIPLE accounts under ONE Rithmic ID and provides you a FREE license key to trade those multiple accounts under ONE login)
2. Only ONE Rithmic User ID
allowed per trader or accounts may be terminated
3. Max number of total accounts allowed? (We recommend no more than 6)
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 #2). Likewise, traders are permitted to operate more than one Performance-Paid Trading™ account simultaneously. Multiple Performance-Paid Trading™ accounts will not be combined into one larger account and each
require their own small monthly maintenance fee (INFO
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.
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 Leeloo™ has not set a defined limit on the number of practice and Performance-Paid Trading™ Accounts that can be operated concurrently. However, we recommend no more than 1, 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 Performance-Paid Trading™ Account DOES have a 3 account limit.
Traders may NOT
operate more than 3 Accelerator Performance-Paid Trading™ accounts (PA™) simultaneously. If a trader has reached the limit of 3 Accelerator PA™ and qualifies additional accounts, the 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 PA™ instead (of the Accelerator 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.