Leveled Up Society Forex prop firm review - Negative trader reviews detected!

Leveled Up Society Forex prop firm review - Negative trader reviews detected!

Leveled Up Society prop firm offers funded challenge accounts with funding options ranging from 10k to 200k USD with a scaling plan of up to 5 million dollars in virtual funding. There are several funded account types including 1-step and 2-step and profit sharing is 80%, which is competitive. The firm allows news trading and also offers swing trading challenges, with a starting fee being 139 USD for the smallest 10k challenge. 
In this Leveled Up Society review, we will assess the firm’s critical features including safety, rules, fees, funded options and types, assets, platforms, support, and more. After reading this review, you will define whether the firm can be trusted. 

Pros & cons of Leveled Up Society prop firm

ProsCons
Flexible funding options from $10k to $200k, with a skating plan of 5 million USDStrict trading rules with high profit targets
Competitive 80% profit-sharing modelLimited assets (no crypto or stock trading)
Provides trading blog and video guidesOnly supports TradeLocker platform
 The firm has many 1-star reviews on Trustpilot, which makes it highly risky
 Slow withdrawal process

Quick rating of Leveled Up Society and its features

FPA ScoreNot yet rated
Year founded2022
HeadquartersUnited States
Minimum audition fee139 USD
Fees on withdrawals1%
Minimum funded amount10,000 USD
Maximum funded amount200,000 USD
Allowed daily loss4%
Profit target14%
Maximum trailing drawdown7%
Profit sharing (Payouts)80%
Trading PlatformsTradeLocker
Available trading marketsFX pairs, commodities, indices

Safety of Leveled Up Society

There are 0 Leveled Up Society reviews on the Forex Peace Army (FPA), which is a red flag for the firm. On the Trustpilot, the firm has over 1,300 reviews, which is a serious number. However, 30% of these reviews are 1-star evaluations, which is a huge red flag. Only 30% of clients being unsatisfied indicates serious issues with the firm, and we advise our readers to be extremely careful with this firm. The firm was launched in 2022, which makes it relatively experienced in the prop trading industry. Additionally, all funded options are simulated accounts, meaning traders only access demo trading even after they pass challenges and become funded. 

The firm gets a 1.5 score in this section for experience in the sector.

Leveled Up Society Funding and Maximum Capital Allocation

Leveled Up Society funded programs are three, one-step, day trading, and swing trading challenge types. All three Leveled Up Society funding accounts have the same funding options including 10k, 25k, 50k, 100k, 150k, and 200k USD amounts. The 1-step account only requires traders to hit the profit target once. The day trading and swing trading challenges are 2-step accounts. Day trading account is for scalping and other day trading strategies, while swing trading is for swing traders. Leveled Up Society challenges also differ in their requirements and which strategies they allow. 

Leveled Up Society scaling plan is active and offers traders up to 5 million USD in virtual funding, which is flexible for seasoned traders who want to grow their accounts. 

The firm gets a 3 score in this section. 

Leveled Up Society Assets

Leveled Up Society prop trading assets include Forex pairs, indices, and commodities. The firm does not allow crypto and stock trading, which is a downside. 

The firm gets a 2 score in this section for lacking many asset classes. 

Leveled Up Society Trading rules and limitations

Leveled Up Society rules are different for each funded account type. 

One-step challenge rules:

  • Profit target - 14%
  • Daily loss limit - 4%
  • Maximum drawdown - 7%
  • Consistency rule - 45%
  • News trading - No
  • Overnight hold - No
  • Weekend hold - No
  • Minimum trading days - 1

Day trading challenge rules:

  • Profit target - 10%
  • Daily loss limit - 5%
  • Maximum drawdown - 10%
  • News trading - No
  • Overnight hold - No
  • Weekend hold - No
  • Minimum trading days - 1

Swing trading rules:

  • Profit target - 10%
  • Daily loss limit - 5%
  • Maximum drawdown - 10%
  • News trading - No
  • Overnight hold - Yes
  • Weekend hold - Yes
  • Minimum trading days - 1

As we can see, the rules are extremely strict as traders can not trade during the news, even if they are using swing trading accounts. The 14% profit target on a 1-step account is extremely high as well and makes it difficult to hit the profit target in a reasonable time.

Overall, the firm gets a 0.8 score in this section. 

Leveled Up Society Fees

The pricing starts at 139 USD for 10k USD challenges of 1-step and day trading. This is higher than what reliable firms usually offer, making the firm not attractive in this matter. The most expensive account is a swing trading account where pricing starts at 149 USD. Despite being expensive when compared to other firms, the firm still offers fees below 150 USD, which is decent. 

Leveled Up Society free trial is not available and the Leveled Up Society free repeat is not offered either, which is a downside for traders as they can not check trading conditions on a demo account.

As a result, the firm gets a 1.5 score in this section. 

Leveled Up Society Platforms

The firm only allows access to TradeLocker, which is a dedicated prop trading platform. While this platform has a built-in trade dashboard, it still is inferior to advanced platforms like MT4 and MT5. It lacks custom indicators and EAs which is a downside. Mobile trading is available. 

Overall, the firm gets a 2.1 score in this section.

Leveled Up Society Profit-Sharing

Leveled Up Society profit split is 80% and traders can not increase it up to 90% which is a minor downside. Withdrawals are slow and take within 1-5 business days. There are fees charged for withdrawals, which is also a downside.

In the end, the firm gets a 1 score in this section.

Education and trading tools at Leveled Up Society

The firm offers video guides and trading blogs. The videos can be used for motivation and education, while the blog offers posts on various trading topics. There are some tools built into the trader dashboard which are useful.

Overall, the firm gets a 2.5 score in this section. 

Customer Support at Leveled Up Society

The firm offers live chat and email options as a support. There is no phone support available. Both the website and support are only available in the English language, which is a downside. There is a Discord channel which is used for community. 

In the end, the firm gets a 2.4 score in this section. 

Frequently Asked Questions on Leveled Up Society

Is Leveled Up Society legit?

The Leveled Up Society scam is more than likely, as the firm has many 1-star trader reviews, indicating serious issues with safety and reliability. Stay away. 

Is Leveled Up Society a good prop firm?

No, too many traders evaluate it as a scam firm, and we suggest our readers to stay away from this firm. 

What is the minimum Leveled Up Society fee?

The smallest pricing starts at 139 USD for 10k USD challenges of 1-step and day trading