LeseUp is a platform that offers traders the opportunity to obtain an Evaluation Account and Performance Account to trade futures and indices on the Tradovate platform. This post will discuss how LeseUp works by answering three common questions: how to buy an account, how to buy market data, and what are the rules for Evaluation and Performance Accounts.
To buy an Evaluation Account, you need to follow specific steps. Once you purchase your account, you will receive an email with the access codes to the Tradovate platform. You will need to enter these codes in the "Platform Information" section within the email. Then, you will see a "Market Data Subscriber" Certification Notice where you will need to select "Non-Professional." After completing the forms, you will be directed to the "Select a Trading Mode" page, where you can enter "Simulation" to continue. Once completed, you will be able to access the platform. It's important to note that LeseUp provides installation guides in the PDF format that you will receive when you purchase the Evaluation Account.
LeseUp provides traders with the option to buy only the data they need from $4/month. The purchase of the data is done directly from the Tradovate Platform. When you buy your Evaluation Account, LeseUp will send you a PDF with the installation guides.
Evaluation Accounts have only one rule, which is not to reach the minimum established for each account. The account balance must not exceed the loss limit of the selected account, and you must not trade more than three Overnight Micro Contracts. To pass the evaluation accounts, you must have at least ten trading days, and your balance at the end of the day must be greater than the goal of the chosen account. Once the objective of your Evaluation Account has been reached, you must generate a TICKET in the Help Desk with the subject "Goal reached." The Performance Accounts' objectives are to trade for at least 20 trading days, reach the threshold established for each Evaluation Account plus $100, and maintain a minimum balance established to withdraw benefits. The merchant cannot have their performance account inactive, and all accounts are monitored in accordance with the agreement.
LeseUp allows flexible benefit withdrawals, but you must meet the previously described threshold. Once the threshold is reached, the first four months will be flexible, and you can make fixed withdrawals of $1,000 - only once a month-, individual withdrawals of $500 -only twice a month-, and flexible withdrawals of $200 – as many times as you want during the month. After the fourth month, traders can withdraw what they want, as long as they respect the established threshold. To request the withdrawal of funds, you must generate a TICKET at the Help Desk with the subject "Payment for Performance benefits."
In conclusion, LeseUp provides traders with the opportunity to obtain Evaluation and Performance Accounts on the Tradovate platform. To buy an account, you need to follow specific steps. LeseUp allows traders to buy only the market data they need. Evaluation Accounts and Performance Accounts have specific rules that traders must follow to pass and maintain their accounts. LeseUp also has flexible withdrawal rules.