Leveled Up Society Review
3.8

Leveled Up Society Review

Leveled Up Society is a forex prop firm with an attractive Two-step challenge. They offer up to $200,000 in funding to traders.

Leveled Up Society is a forex prop firm with an attractive Two-step challenge. They offer up to $200,000 in funding to traders.

Pros
  • A maximum balance of $1,000,000 is allowed
  • Unrestricted assessment,free tries
  • 80% to 90% profit divisions
  • Exceptional Support TeamOpportunities for Building Relationships
  • The Exchange of Know-How
  • Provision of Mentorship and Instruction
  • Encouragement and Complementary Measures
  • Weekly awards
  • Weekend and overnight holding is permitted
  • Option for scaling account
  • Up to a 1:100 leverage
  • A wide range of trading items, including indices, commodities, cryptocurrencies, and FX pairs</li
Cons
  • Trailing drawdown for accounts with single-step challenges
  • The martingale approach is not allowed
  • Minimal trading of news
  • Credibility and Quality
  • Overwhelm or Overload of Information
  • Contradictory Information or Advice

Who is Leveled Up Society?

Logo of Leveled Up Society

Founded in June 2022, Leveled Up Society is a private company with a US headquarters that provides its traders with the opportunity to work with up to $200,000 in money. Eightcap is their broker in partnership with them.

Options for funding programs

Leveled Up Society provides its traders with a selection of two distinct programs:

  • One-step challenge accounts for evaluation
  • The two-phase challenge accounts for the evaluation

A single-step assessment challenge account

The one-step assessment challenge account offered by Leveled Up Society seeks to recognize dependable and disciplined traders who will be rewarded for their reliability during a single evaluation session. Trade with 1:30 with the one-step assessment challenge account.

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As a trader with a one-step assessment challenge account, their main objective is to hit a profit target of 10%, while keeping within the daily limit of 3.5% and the maximum trailing loss of 6%. This challenge is open-ended, meaning that people can trade for an indefinite amount of time to reach their target, with no minimum trading day requirements.

Once anyone completes the assessment challenge, people will be rewarded with a fully funded account that has no profit objectives. However, they will still need to adhere to the daily limit of 3.5% and maximum trailing loss of 6%. 

After taking their initial position on their funded account, they will have 30 calendar days to achieve gains. If people meet the target, their first profit share will be 80%. After this, they will receive rewards every two weeks. So, it’s important to continue trading wisely and strategically to maintain their profits and keep earning rewards.

Scaling strategy for assessing challenge accounts in one phase

When it comes to accounts for one-step evaluation challenges, scaling plans are an essential component. The objective is to earn a profit within a three-month timeframe, with at least two of those months being particularly lucrative. To achieve this, they must maintain an average return of at least 15% throughout that period. 

If people succeed in meeting these targets, they will be eligible for a scaled-funded account. This account offers a higher profit share of 90% and an impressive account growth of 25% of the initial account value. This means that people have the potential to significantly boost their profits and achieve their financial goals.

For instance:

To qualify for account scalability, people must achieve an average 15% return over three months.

  • In the first month, people make 4.2% and take their earnings out.
  • In the second Month: People make 5.8% profit and take their winnings out.
  • In the third month, people make 6.2% and take their earnings out.

People are qualified for a scale-up since their total earnings have reached 16.2%, which is greater than the average 15% return criterion. This is because they have met the 15% average profit target criteria.

The trading instruments available for the one-step evaluation challenge accounts include indices, commodities, cryptocurrencies, and currency pairings.

Step-by-step assessment challenge account guidelines

  • A trader’s profit objective is the percentage of profit they must reach to scale their account, finish an assessment phase, or take gains. The funded account has no profit objectives, although the assessment period’s profit target is 10%.
  • The maximum loss a trader may incur each day without violating the terms of the account is known as the maximum daily loss. The maximum daily loss for all account sizes is 3.5%.
  • The maximum drawdown equivalent to the difference between the maximum drawdown and the greatest account balance attained is known as the maximum trailing drawdown. There is a 6% maximum trailing drawdown on all account sizes.
  • The prohibition on news trading denotes the imposition of trading during significant news releases. Two minutes before and following the announcement, people are not allowed to initiate or close any trades.
  • The phrase “no martingale allowed” refers to the prohibition against using any kind of martingale approach when trading.
  • The danger associated with third-party copy trading is that should they choose to use one, they should be aware that other traders may be utilizing the same trading technique as they are if they utilize a third-party copy trading service. People can potentially run the danger of not being able to fund their accounts or withdraw their money if they use a third-party copy trading service and go above the maximum capital allocation limit.
  • Third-party EA risk is the realization that should people choose to utilize an EA, there may be other traders who are also utilizing it and, consequently, employing the same trading approach. People can face the possibility of not being granted access to a funded account or withdrawal if they use a third-party EA and surpass the maximum capital allocation regulation.

Two-step evaluation challenge account

The two-step assessment challenge account offered by Leveled Up Society seeks to find dependable and disciplined traders who will be rewarded for their reliability during the two-phase evaluation period. With the evaluation program account, people can trade at a ratio of 1:100.

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During the first evaluation phase, a trader must hit an 8% profit objective without going over their 5% daily loss or 8% maximum loss restrictions. Trading is permitted for an indefinite amount of time. To go on to phase two, though, people must trade for at least five trading days.

During the second evaluation phase, a trader must hit a 5% profit objective without going over their daily or maximum loss limits of 8% or 5%. Trading is permitted for an indefinite amount of time. To go on to a funded account, though, people must trade for at least five trading days.

People obtain a financed account with no profit objectives after passing both evaluation stages. Just the 5% daily maximum loss and the 8% maximum loss regulations need to be followed. Thirty calendar days after people put their first position on their funded account, people will get their first reward. Please take note that all subsequent payouts will be made on a bi-weekly basis following their initial payout. 80% of their earnings will be shared, depending on how much people earn on their funded account.

Two-phase challenge account scaling strategy for evaluation

Scaling plans are often included in accounts for two-step evaluation challenges. 

Traders must turn a profit in two of the three months that they are in business. A 25% boost on their initial account amount will be given to them.

For instance:

  • After three months, the balance of their account, if it was $200,000, will rise to $250,000.
  • After the following three months, the $250,000 remaining rises to $300,000.
  • Following the following three months, the $300,000 balance rises to $350,000.

And so forth.

  • The trading products available for the two-step assessment challenge accounts include indices, commodities, cryptocurrencies, and currency pairings.

Rules for a two-step assessment challenge account

  • A trader’s profit objective is the percentage of profit they must reach to scale their account, finish an assessment phase, or take gains. The profit objective for Phase 1 is 8%, while the profit target for Phase 2 is 5%. Profit objectives are absent from funded accounts.
  • The maximum loss a trader may incur each day without violating the terms of the account is known as the maximum daily loss. The maximum daily loss for accounts of any size is 5%.
  • The largest loss that a trader can incur overall before an account violation is known as the maximum loss. The maximum loss for all account sizes is 8%.
  • The bare minimum of trading days is the amount of time people must trade to finish an assessment stage or submit a withdrawal request. There is a five-trading day minimum requirement for both stages.
  • The prohibition on news trading denotes the imposition of trading during significant news releases. Two minutes before and following the announcement, people are not allowed to initiate or close any trades.
  • The phrase “no martingale allowed” refers to the prohibition against using any kind of martingale approach when trading.
  • The danger associated with third-party copy trading is that should people choose to use one, people should be aware that other traders may be utilizing the same trading technique as they are if they utilize a third-party copy trading service. People can potentially run the danger of not being able to fund their account or withdraw the money if they use a third-party copy trading service and go above the maximum capital allocation limit.
  • Third-party EA risk is the realization that should people choose to utilize an EA, there may be other traders who are also utilizing it and, consequently, employing the same trading approach. They can face the possibility of not being granted access to a funded account or withdrawal if they use a third-party EA and surpass the maximum capital allocation regulation.

What distinguishes Leveled Up Society from other prop companies?

Leveled Up Society is a prop trading business that stands out from its competitors by offering two distinct financing programs: the one-step and two-step challenges. The company also boasts of lenient trade regulations and policies that are uncommon among other prop businesses. While news trading is somewhat restricted, traders still have the freedom to hold trades overnight and on weekends.

One key difference that separates Leveled Up Society from other prop trading firms is its assessment process. Traders are required to complete one element of the assessment challenge before they can be eligible for payments. The desired profit is 10%, with daily maximums of 3.5% and maximum trailing loss restrictions of 6%. Notably, there are no restrictions on the minimum or maximum number of trading days during the assessment period. Scaling plans are also included in accounts for one-step evaluation challenges. The company’s trading criteria are standard, and the trading term is unlimited when compared to other top-performing prop businesses in the industry.

In addition to the one-step challenge, Leveled Up Society also provides traders with a two-phase assessment task that must be completed before rewards are given. Phase one and phase two profit targets are 8% and 5%, respectively, with daily and maximum loss limits of 5% and 8%. Before receiving funding, traders must trade for at least five days during each phase. Scaling plans are often included in accounts for two-step evaluation challenges. The company offers an infinite trading term and somewhat modest profit objectives compared to other top prop businesses in the industry. Overall, Leveled Up Society provides traders with unique financing programs and assessment challenges that set it apart from its competitors.

An illustration of how My Forex Funds and Leveled Up Society compare

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Example of comparison between Leveled Up Society & True Forex Funds.

Example of comparison between Leveled Up Society & FundedNext

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Compared to most of the top prop businesses in the industry, Leveled Up Society offers two distinct financing plans with very lenient trading regulations and endless trading time. While news trading is somewhat restricted, they are still able to hold trades overnight and on weekends.

Is it feasible to obtain funding for Leveled Up Society?

When evaluating prop businesses that best fit the forex trading style, it’s critical to consider how reasonable the trading criteria are. For instance, it may seem fantastic to work with a business that offers a high percentage profit split on a heavily funded account, but the odds of success are almost nonexistent if they anticipate huge monthly profits and minimal maximum drawdowns.

Since the one-step evaluation challenge accounts have an average profit objective of 10% and average maximum loss regulations (with a 3.5% daily limit and a 6% trailing loss maximum), receiving funds from them is generally achievable.

The two-step assessment challenge accounts have relatively modest profit objectives (8% in phase one and 5% in phase two) and slightly below average maximum loss criteria (5% maximum daily and 8% maximum loss), thus receiving funds from them is generally achievable.

In light of everything said above, Leveled Up Society is a great option for financing because it offers two distinct funding programs with attainable trading goals and reward requirements.

Payment evidence

In April 2021, Leveled Up Society was incorporated. Within 30 calendar days of being financed, people will be eligible for their first dividend. Following that, traders can receive rewards every two weeks.

The two Instagram photos below provide instances of payment proof:

Furthermore, payment evidence may be found under the “Payouts” area of Leveled Up Society’s Discord channel.

Which broker does the Society Level Up employ?

Leveled Up Society has incorporated its technology with Melbourne, Australia-based Eightcap, an ASIC-regulated broker. Their clear-cut goal when they were established in 2009 was to give their customers excellent financial services. Customers from all around the world may trade on markets for FX, indices, shares, and commodities thanks to their five offices and several regulatory bodies.

Eightcap has an overall Trust Score of 73 out of 99, making it an average-risk investment. These are some of their characteristics:

  • Currency Trading
  • CFD Investing
  • Trading in Cryptocurrencies
  • Copy-trading and social trading
  • 326 Tradeable Symbols in total
  • 45 Forex Pairs in All

They provide two different account types: Standard and Raw. Whichever of the two people select will determine the commissions and costs. Fees are included in commissions for Raw accounts and spreads for Standard accounts. The overnight fee, which is an interest charged for keeping an open position in trading overnight, is another expense they should constantly take into account.

They only provide the MetaTrader 4 and the more recent MetaTrader 5 platforms from MetaQuotes Software Corporation because they are a MetaTrader-only broker.

They provide with a customized trading experience and build an incredibly effective technological infrastructure for trading, and they were recognized at the Global Forex Awards 2020 as the Best Global Forex MT4 Broker.

Regarding trading platforms, Meta Trader 4 and Meta Trader 5 are available for trading.

Trading instruments

Traders can trade cryptocurrencies with 1:2 leverage, indices with 1:30 leverage, commodities with 1:40 leverage, and currency pairs with 1:100 leverage on Leveled Up Society.

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Trading fees

Trading commission:

Training & Assistance for Vendors

On its website, Leveled Up Society does not offer any instructional materials.

All of their clients have access to a well-organized dashboard that they offer, which makes it simpler to control risk while achieving all of their statistical goals.

Open positions on the Statistics page of the Trader Dashboard

Leveled Up Society Reviews: What Do Their Customers Say?

Leveled Up Society has received mediocre reviews.

Leveled Up Society reviews

They have a big variety of their community responding and offering favorable feedback on Trustpilot, and they have a terrific score of 3.7/5 out of a total of 1,253 reviews. Additionally, they have a support crew available to them that will provide traders with any information that they require from them at that time.

Leveled Up Society reviews 2

Their user base applauds the straightforward procedures and straightforward trading guidelines that they supply. In addition, Leveled Up Society has a customer support crew that is extremely dependable, patient, and knowledgeable, and they address any questions that clients could have.

The statistics of social media

Additionally, Leveled Up Society may be accessed on several social media platforms.

They possess a:

  • An Instagram account with 25,7 thousand followers, and
  • YouTube channel that has 5,16k followers and a total of 23 videos posted.

Support

The Leveled Up Society website contains a Frequently Asked Questions page, which may include the information that people are looking for.

People may reach the support staff through any of their social media platforms, or they can send them an email at support@leveledupsociety.com to communicate with them directly.

Their website features a live chat support crew that is available around the clock, Monday through Friday.

Final Thoughts

In conclusion, Leveled Up Society is an authentic proprietary trading business that allows traders to select from two different financing programs. These programs are referred to as one-step challenge accounts and two-step challenge accounts. In addition to this, their trading regulations are rather lenient, and they allow for an infinite trading duration. People can make trades overnight and on the weekends, although there are certain restrictions on trading based on news events.

Before a one-step assessment challenge account can become funded and eligible to receive profit splits, it must first go through and finish one of its phases. Before a trader may get financed by Leveled Up Society, they must first accomplish a profit objective of 10%. Because people are required to adhere to drawdown regulations that cap their daily losses at 3.5% and their trailing losses at 6%, these trading goals seem reasonable. People can scale their accounts while earning profit splits of 80% to 90% by participating in one-step assessment programs.

Before a project can be financed and become eligible to receive profit splits, it must first complete the two stages of the two-step assessment challenge, which is an industry-standard two-phase evaluation challenge that consists of two steps. Leveled Up Society requires traders to attain profit targets of 8% in phase one and 5% in phase two before getting funded. These are reasonable trading objectives since they have a 5% maximum daily and 8% maximum loss guideline to follow. Leveled Up Society is a decentralized peer-to-peer trading platform. People may earn an 80% profit share by participating in assessment programs, and they’ll also have the ability to scale their accounts.

Any trader who is searching for a reliable prop business that has uncomplicated trading goals and guidelines should check into Leveled Up Society in my opinion. They provide ideal trading conditions for a large number of individuals, each of whom employs a different trading strategy. After taking into consideration all that Leveled Up Society has to offer, it is without a doubt one of the more potentially lucrative proprietary trading organizations that the industry has to offer.

Leveled Up Society Review Details

Trading Platforms
Deposit Methods
Withdrawal Methods
Account Currencies
Trading Programs
Incorporation

Account size up to:
$1,000,000
Profit Split Up to 90%
*Choose your account type and start trading

4.0
Fees
4.0
Trading Platforms
4.0
Deposit and Withdrawal
3.0
Customer Support
3.8 Overall Rating

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Leveled Up Society Review
3.8/5
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