How does LeseUp work?
What steps should I take when buying my account?
Upon purchasing your Evaluation Account, an email containing access codes for the Tradovate platform will be sent to you. Here’s how to get started:
- Visit https://trader.tradovate.com/.
- Use the credentials provided in the ‘Platform Information‘ section of your purchase confirmation email to log in. These include your Tradovate Username and Password.
- After inputting your credentials, you’ll encounter a ‘Market Data Subscriber‘ Certification Notice. Here, you’ll see two options: ‘Professional‘ and ‘Non-Professional‘. Please ensure to select ‘Non-Professional‘. Be cautious not to select the other option.
- Complete the forms that follow.
- Upon completion, you’ll be directed to the ‘Select a Trading Mode‘ page. Choose ‘Simulation‘, then click ‘Continue‘.
- You’ll then be directed to your platform, ready for you to start enjoying its features.
Remember to save your Tradovate Username and Password securely for future use.
What steps do I need to follow to purchase Market Data?
Typically, Funding Companies include the cost of Market Data in their Evaluation Accounts and often purchase data for instruments they don’t require. However, at LeseUp Trading, we’ve reduced the Evaluation Account costs, allowing you to independently purchase only the data for the instruments you need, starting from just $4/month.
Please note, the purchase of data is conducted directly via the Tradovate Platform when you acquire your Evaluation Account.
What are the rules for evaluation accounts?
Overview:
Evaluation accounts operate under a simple principle: “Don’t fall below the minimum balance established for each account type.” You must ensure your account balance doesn’t exceed the loss limit for your selected account and refrain from trading over three Overnight micro contracts.
Goals for Passing Evaluation:
To pass the evaluation, you need to trade for at least ten days (days without trading are not counted). To approve your evaluation account, your end-of-day balance must exceed the target for your selected account. For instance, if you have a $50,000 account and a target of $2,500, your balance should be at least $52,501, considering trading commissions.
End-of-Day Drawdown:
The drawdown updates only at the end of the trading day (4:00 pm EST). It reflects the trades carried out during the day. If you reach the loss limit during the day, your account will be disabled.
Static Drawdown:
Static Drawdown is exclusive to LeseUp Membership users. To enjoy this feature, purchase the Membership before your Evaluation Account to activate Static Drawdown automatically. If you fail to follow these steps, the Drawdown will be applied dynamically, changing based on the maximum end-of-day balance.
IMPORTANT: Once you achieve your Evaluation Account goal, halt all trading activities and submit a TICKET to the Help Desk titled “Goal Achieved”. Your request will be addressed within the next 24 business hours.
What rules apply to Performance Accounts?
Have you successfully completed your Evaluation Account and are prepared to begin your Performance Account? Here’s what you should be aware of:
Maintaining Your Performance Account:
As a trader with a Performance Account, you’ll have the flexibility to select from various payment options.
| Performance Account | Monthly payment | single payment |
| $25,000 account | $50 | $120 |
| $50,000 account | $50 | $120 |
| $100,000 account | $80 | $200 |
How to operate the Performance Account
To operate a Performance Account, you must take into account the following:
- Once your “Performance Account” is enabled, the balance will be restored to the initial balance of the Evaluation Account you are operating.
- You must trade for a minimum of 20 trading days (days not traded are not considered as trading days).
- “Threshold” refers to the minimum balance established to be able to withdraw benefits (Example: Account of $50,000 = Goal of the account $2,500 + $100).
- You must reach the Threshold established for each Evaluation Account plus $100 (Example: Account of $50,000 + Threshold $2,500 + $100 = $52,600).
- Once the Threshold is reached, the generated margin can be withdrawn according to the “Funds Withdrawal” scale established in the Contract.
Hybrid Drawdown:
For all enabled accounts, the Drawdown is Hybrid. This means that until the Threshold is reached, the Drawdown is dynamic. Beyond the Threshold, the Drawdown becomes Static at the Threshold value. (Example: In an account of $50,000, the Drawdown starts at $47,500, which moves according to the maximum balance that the account had at the close of the day. When the Drawdown reaches $50,100, it will become Static.)
Operations Activity:
The merchant cannot have their performance account inactive. All accounts are and will be monitored in accordance with the Agreement.
What rules apply to Withdrawals?
LeseUp has created a flexible form for benefit withdrawals, which will be detailed in the Contract.
Please note that in order to make a withdrawal, you must meet the Threshold previously described.
Once the Threshold is reached, the withdrawal structure for evaluation accounts will be as follows, applicable to all account sizes, for the first 4 months:
1st, 2nd, and 3rd MONTH:
- Fixed Withdrawal of $1,000 – only 1 time a month – (the amount is full for the merchant except for transfer fees or bank taxes)
- Individual Withdrawals of $500 – only 2 times a month – (the amount is full for the merchant except for transfer fees or bank taxes)
- Flexible Withdrawals of $200 – as many times as you want during the month, but it only represents 50% for the merchant, e.g., if you withdraw $200 you will get $100 and LeseUp will get $100 – (the amount is full for the merchant except for transfer fees or bank taxes)
4th MONTH:
- Fixed Withdrawal of $1,250 – only 1 time a month during the two months – (the amount is full for the merchant except for transfer fees or bank taxes)
- Individual Withdrawals of $625 – only 2 times a month – (the amount is full for the merchant except for transfer fees or bank taxes)
- Flexible Withdrawals of $500 – as many times as you want during the month, but it only represents 50% for the merchant, e.g., if you withdraw $500 you will get $250 and LeseUp will get $250 – (the amount is full for the merchant except for transfer fees or bank taxes)
5th MONTH:
Past the 5th Month, you can withdraw what you want, as long as you respect the established Threshold.
Withdrawal Forms
To request the Withdrawal of Funds, you must generate a TICKET at the Help Desk, with the subject “Payment for Performance benefits,” which will be addressed within the following 24 business hours. Once payment is requested, do not TRADE until our confirmation that your balance has been adjusted.
Payment Methods
The forms of payment are through International Transfers for amounts equal to or more than $2000, or PayPal for amounts less than $2000.
Instruments Available for Trading by Exchange
EXCHANGE CME
| Name | Symbol | Exchange | Tick Size | Point Value |
| E-mini S&P 500 | ES | CME | 0.25 | $50 |
| E-mini NASDAQ 100 | NQ | CME | 0.25 | $20 |
| Russell 2000 | RTY | CME | 0.1 | $50 |
| Micro E-Mini S&P 500 | MES | CME | 0.25 | $5 |
| Micro E-Mini Nasdaq-100 | MNQ | CME | 0.25 | $2 |
| Micro E-Mini Russell 2000 | M2K | CME | 0.1 | $5 |
| Nikkei NKD | NKD | CME | 5 | $5 |
| E-mini Midcap 400 | EMD | CME | 0.1 | $100 |
| Australian Dollar | 6A | CME | 0.00005 | $100,000 |
| British Pound | 6B | CME | 0.0001 | $62,500 |
| Canadian Dollar | 6C | CME | 0.00005 | $100,000 |
| Euro FX | 6E | CME | 0.00005 | $125,000 |
| Japanese Yen | 6J | CME | 0.0000005 | $12,500,000 |
| Swiss Franc | 6S | CME | 0.0001 | $125,000 |
| New Zealand Dollar | 6N | CME | 0.00005 | $100,000 |
| Lean Hogs | HE | CME | 0.025 | $400 |
| Live Cattle | LE | CME | 0.025 | $400 |
| Feeder Cattle | GF | CME | 0.025 | $500 |
| E-Micro Gold | MGC | CME | 0.1 | $10 |
| E-Micro AUD/USD | M6A | CME | 0.0001 | $10,000 |
| E-Micro EUR/USD | M6E | CME | 0.0001 | $12,500 |
| Micro Bitcoin | MBT | CME | 5 | $0.1 |
| Micro Ethereum | MET | CME | 0.5 | $0.1 |
| Brazilian Real | CME | |||
| Mexican Peso | CME |
EXCHANGE CBOT
| Name | Symbol | Exchange | Tick Size | Point Value |
| Mini-DOW | YM | CBOT | 1 | $5 |
| Micro 10 Year Yield Futures | 10Y | CBOT | 0.001 | $1,000 |
| 2-Year Note | ZT | CBOT | 0.0039 | $2,000 |
| 5-Year Note | ZF | CBOT | 0.0078 | $1,000 |
| 10-Year Note | ZN | CBOT | 0.015 | $1,000 |
| 30-Year Bond | ZB | CBOT | 0.03 | $1,000 |
| Ultra-Bond | UB | CBOT | 0.03 | $1,000 |
| Corn | ZC | CBOT | 0.25 | $50 |
| Wheat | ZW | CBOT | 0.25 | $50 |
| Soybeans | ZS | CBOT | 0.25 | $50 |
| Soybean Meal | ZM | CBOT | 0.1 | $100 |
| Soybean Oil | ZL | CBOT | 0.01 | $600 |
EXCHANCE COMEX
| Name | Symbol | Exchange | Tick Size | Point Value |
| Gold | GC | COMEX | 0.1 | $100 |
| Silver | SI | COMEX | 0.005 | $5,000 |
| Copper | HG | COMEX | 0.0005 | $25,000 |
| Platinum | PL | COMEX | 0.1 | $50 |
| Palladium | PA | COMEX | 0.5 | $100 |
| E-mini Silver | QI | COMEX | 0.0125 | $2,500 |
| E-mini Gold | QO | COMEX | 0.25 | $50 |
EXCHANGE NYMEX
| Name | Symbol | Exchange | Tick Size | Point Value |
| Crude Oil | CL | NYMEX | 0.01 | $1,000 |
| Mini Crude Oil | QM | NYMEX | 0.025 | $500 |
| Natural Gas | NG | NYMEX | 0.001 | $10,000 |
| E-mini Natural Gas | QG | NYMEX | 0.005 | $2,500 |
| Heating Oil | HO | NYMEX | 0.0001 | $42,000 |
| New York Harbor | RB | NYMEX | 0.0001 | $42,000 |
| Micro Crude Oil | MCL | NYMEX | 0.01 | $100 |
