Glossary: PA, LB, LE, and Other Common Terms at Leeloo

This glossary explains common Leeloo terms, account types, and trading rules. Whether you're new or just want a refresher, this guide helps you better understand how things work at Leeloo.

PA – Performance Account

The account you receive after successfully completing a Practice Account. This is where payout eligibility begins.
➞ What Happens After I Qualify?

LE – Leeloo Entry

A low-cost Practice Account, ideal for new traders or those looking to build skill with limited cost.
➞ How to Request a Payout at Leeloo

LB – Leeloo Bundle

Bundles of Practice Accounts grouped together. The default size is 3 accounts, but during promotions this can increase to 5 or even 10.
➞ Practice Accounts Overview

LL – Leeloo Legacy

Also referred to as Foundation Accounts. These are great for traders who want more time and flexibility.
➞ Practice Accounts Overview

EE – Edge Enhancer

An optional add-on during select promotions that can reduce the time required to request a payout or lower fees.
➞ Edge Enhancer Details

Express Account

A $100K Practice Account. If you pay full price and qualify, the account fee is refunded. A good choice for traders testing Leeloo with minimal long-term cost.
➞ Practice Accounts Overview

Ignite Account

A limited-time Practice Account that, if qualified, upgrades you to a $150K PA with a $5K trailing drawdown.
➞ What Is the Ignite Account?

Reset

Used to restart a Practice Account after a rule violation or if you’d like to start over.
➞ How to Reset a Practice Account

Rise

The system Leeloo uses to send approved payouts. All Performance Account payouts are processed through Rise.
➞ How to Request a Payout at Leeloo

DCA – Dollar Cost Averaging

A method of entering a position through multiple entries over time. Allowed manually, but not via automation.
➞ Is DCA or Algo Trading Allowed at Leeloo?

Flipping

When a trader takes a low-profit day outside of their normal performance pattern in a way that appears inconsistent or strategic.
➞ Flipping Explained

Common Rules That May Affect Payouts

These are manually reviewed by our team as part of the payout process:

30% Rule

Your largest profit day cannot exceed 30% of your total profits at the time of your payout request.
➞ Understanding the 30% Rule

Consistent Contract Usage

Keep your number of contracts per trade consistent. Sudden jumps (e.g., 1 contract for weeks, then 10 on one day) may flag your account for review.
➞ What Happens After I Qualify?

Consistent Profit Taking

Maintain your usual approach to daily profits. Unusually low-profit days with a high number of trades may trigger review.
➞ Flipping Explained

No Home Run Trading

Avoid unrealistic equity spikes from just one or two trades. Steady, disciplined trading is expected.
Rules Explained

Article ID: 206, Created: 5/30/2025 at 4:39 AM, Modified: 5/30/2025 at 4:41 AM