2. The Accelerator

• Static Drawdown
• Note: No Trading on the day of payouts requests. Submit your payouts request and please do not trade until your payouts has been deducted from your account.
• Maximum of three (3) concurrent Accelerator accounts under 1 Rithmic ID (only 1 Rithmic ID permitted per trader)
• Traders will have the option of an Accelerator Glide $100k 2 contract static or investor $25k trailing drawdown. If the trader has 3 Accelerators and qualify for another one, they will get the $25k trailing drawdown.

• All traders start in Phase 1 with a $100,000 Initial Balance and minimum account balance limit of $99,375
• The max drawdown is -$625.. but it is static.  It does not trail.  (i.e. You earn $150 profit now your cushion is $625 + $150 = $775 etc)
• Upon reaching the $2000 profit target, contact Leeloo™ to initiate Phase 2. 

• Your minimum allowable account balance limit will be moved up from $99,375 to $100,100. Everything else remains the same, including your profit which remains intact. 
• Your max loss minimum account balance limit of $100,100 will never change or increase regardless of the amount of realized or unrealized profit earned.  
• For example, you grow the account to $165,000 then you would need to lose $64,900 in profit before the $100,100 minimum account balance is met and the account forfeited (there is no trailing drawdown).
• Traders can request to have their max contract limits expanded according to tiered profit thresholds (contact Leeloo™ when targets are met).
• It is the trader's responsibility to contact us once you have reached Phase 2. If the trader continues to trade after reaching Phase 2 and has not contacted us to move the stop loss/loss limit, the trader's Leeloo PA™ account can be closed without notification. Alternatively, Leeloo™ has the right to move the loss limit to $100,100 once the trader has reached $2000 in profit.

TIERS

• NOTE: Trader must pause for 60 days at the max level of contracts equivalent to the successful practice account. For example, the trader qualified with a 12 contract account. After scaling up from 2,3,4,5 and 8 contracts and reaching a balance with at least $10,000 profit, the trader must pause for 60 days; trading no more than 12 contracts until the trader can continue adding additional contracts. 

• If a trader meets or exceeds the Max Loss Limit at any time intra-trade or post-trade, the account will be closed.
• The max loss is $625 and/or $99,375 in Phase 1. It does not trail. Once the account reaches $102,000 in profit, OR if a trader requests a payouts, the max loss minimum account balance is moved by the administrator to $100,100. It never moves again from $100,100. 

• The oldest position carries forward so that during the close your position resets to the price carried.
• The FCM does not match off trades – First in First Out.
• The first day you carry a position, it is carried at the highest or lowest traded price and will continue to carry that trade until the position is flattened.
• This is simply an accounting method used to give the account the highest possible value to be used for margin. It does not affect the balance of the account in any way.
• Once the overnight run is processed and trades are matched off and statements are generated, the platform will adjust to coincide with the statements.

• Trading during erratic and periods of high volatility is risky. Data feeds and software platforms are subject to lag and error.  Leeloo™ cannot take responsibility for software performance failure, lag, glitches and, of course, our trader’s hardware or internet mishaps. Be careful trading volatile markets.
• Limit UP/Down or Markets halted - During these uncommon occurrences, when markets are halted, be careful of getting trapped with an open order. You may suffer an erroneous fill (during suspended markets). AVOID trading these times with your Leeloo™ account as Leeloo™ is NOT RESPONSIBLE for data or software mishaps during Limit Halts. Be mindful of volatile days and check daily Price Limits.

• Leeloo PA™ fee is once per month in the amount of $88 regardless of the size of the account. 
• Leeloo also offers a one-time PA fee option in the amount of $250 regardless of the size of the account.
• The monthly and the one-time Leeloo PA™ fee each cover everything, including all data and fees.
• Payouts are free*. Any fees from wire or PayPal they charge us, we cover. But if your financial institution charges you any additional fees, those are the trader's responsibilities. 
  • Example: The wire fee for us to process a Wire transfer is $50; Leeloo will Pay that fee. But if your financial institution charges YOU a fee to receive that payout, that is the trader's responsibility to cover.
• Some Leeloo™ traders are entitled to the non-professional data fee scale (as long as they themselves meet the requirements). For those who qualify as professional, data fees are pre-paid separately and additionally per exchange per month. These traders pay the Leeloo™ fee per month PLUS the Professional exchange fee per exchange.

• Commission fees vary based on Exchanges. You can check them in your Leeloo Performance Account™ the same way as your practice (previously known as evaluation) accounts.  

• The request must be made on the last Saturday of the month.  And, only the last Saturday for efficiency between 2 am EST and 5 pm EST. 
• If a payout is requested, the trader must not place any new trades until the payouts has been fully processed.
•  Log in to the support portal and create a new ticket to request the payout.  Include: 1- Full Name 2 - Account Number 3 - Desired payout amount 4 - Which payout # is this? (i.e. Your first, second, fifth?) Watch for an email within the next 24 hours (check your SPAM) with the subject "Leeloo™ | Payout Request".
• Payouts will be processed that same last week of the month (once per month).
• Payouts are free*. Any fees from wire or PayPal they charge us, Leeloo covers. But if your financial institution charges you any additional fees, those are the trader's responsibilities. 
  • Example: The wire fee for us to process a Wire transfer is $50; Leeloo will Pay that fee. But if your financial institution charges YOU a fee to receive that payout, that is the trader's responsibility to cover.
• Payouts are sent electronically by wire transfer or ACH. Wires can take 5-7 business days; ACH can take up to 3. (PayPal, can at times be used under certain circumstances, but PayPal has a max limit of $1,000.)
• Any bank or financial institution that is allowed to receive wire transfers from the U.S and has an account number and routing number along with any additional international numbers needed CAN be used for wire transfer. Please check with your financial institution to confirm they accept international Wires.
• There are no minimum or maximum amount restrictions on these once per 30 traded days (1st payout) and then 10 traded days per month on subsequent payout on the Accelerator Account payout. The trader may request as little or as much profit as they wish above $100,100. However, keep in mind the minimum allowed account balance is fixed at $100,100. If the account balance falls to $100,100 or below, the Performance Account will be closed. A trader may not want to receive a payout of too much and potentially leave too little drawdown cushion. Only a day actively traded counts as one of the required trading days. Download the Leeloo app to check traded days or, read more Info on how to confirm active days - CLICK HERE. If you have not met the minimum trading days, then simply request during the next period. Our Leeloo software is automated and we are not able to make exceptions to traded days. Any deadlines that are missed will fall into the next payout request period and you can submit the payout request at that time. Payout approval requires compliance with the Leeloo PA™ Agreement and Rules listed in the agreement.
• If a payout is requested before reaching $102,000, the minimum account balance limit is moved up to $100,100 where it will always remain.
• For example, if a trader with a $101,500 balance requests a $500 payout. (Payouts are processed on the LAST week of the month). The minimum account balance limit is moved by the admin from $99,375 to $100,100. $101,500 payout of $500 leaving an account balance of $101,000. This means there is now only a $900 drawdown cushion between the minimum account balance threshold of $100,100. 
• Traders are entitled to 100% of the first $12,500 payout; above $12,500 the trader receives 90% of the profit requested.
• It is the TRADER's responsibility to confirm with his/her bank that he/she can receive payouts before purchasing any account with Leeloo.
• Due to OFAC sanctions, there are times we are unable to offer services with traders residing in specified countries. If you cannot purchase a practice account with Leeloo, please contact us as your country may be on the list.
• Due to volatility in crypto, Leeloo currently does not offer payouts via crypto.

• Traders who operate our Leeloo Performance Account™ are treated as independent contractors.  
• US citizens are required to complete a W-9 form. A current mailing address must be maintained in order to receive a yearly 1099-NEC form based SOLELY on total payouts received via ACH / Wire. No 1099-NEC will be sent for payouts via PayPal. 
• Non US citizens submit a W-8BEN form upon first payout request. No reports will be sent to Non US citizens. 
• For questions and tax reporting advice, consult your qualified accountant.

• Follow a consistent trading plan in size, stops, targets and profit taking
• Follow a consistent trading plan
• Follow a consistent plan in contract usage per each trade (i.e. don't use 40 for a home-run and then switch to 1 contract).
• Do not over-leverage
• Do not high frequency trade
• **This is training ground for your own potential live account.  Trading successfully and consistently for the long-term requires consistent actions per each and every trade.