Your Cart
Loading

How to Get Started with LeseUp


Introduction

LeseUp is a platform that offers traders a cost-effective way to evaluate their trading strategies and skills. In this blog post, we will explain how LeseUp works and how you can get started with it. We will also discuss how to buy market data, the rules for evaluation and performance accounts, and the withdrawal rules.

How to Buy Market Data

LeseUp gives traders the flexibility to buy market data that they will need. When you purchase an evaluation account, you will receive an email with Tradovate platform's access codes. You will enter the link https://trader.tradovate.com/ and put in the credentials provided in the "Platform Information" section of the email. Once you enter the credentials, a "Market Data Subscriber" certification notice will appear with two options (Professional) and (Non-Professional). You must select "Non-Professional" to enter, so be careful not to select a different option. After that, you need to fill in some forms until you finish. Once completed, you will select "Simulation" as your trading mode, and you will be directed to your platform. When you purchase the evaluation account, you will receive a PDF with the installation guides.

Evaluation Accounts Rules

Evaluation accounts have only one rule which is "Do not reach the minimum established for each account." The account balance must not exceed the loss limit of the account you chose. You must not trade more than three overnight micro contracts. For evaluation account approval, 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. The end-day drawdown will update only at the end of the day. The static drawdown only applies to users with the LeseUp membership. Once the objective of your evaluation account has been reached, you should not carry out any more operations and generate a TICKET in the Help Desk with the subject "Goal reached".

Performance Accounts Rules

To operate a performance account, you must have completed your evaluation accounts and are ready to start your performance account. Merchants with a performance account will have the options to choose flexible payments monthly or single payment. To operate a performance account, you must trade for a minimum of 20 trading days, and you must reach the threshold established for each evaluation account plus $100. The merchant cannot have their performance account inactive, and all accounts are and will be monitored in accordance with the agreement. The withdrawal rules apply to all performance accounts.

Withdrawal Rules

To make a withdrawal, you must meet the threshold described earlier. Once you have reached the threshold, the first four months and to demonstrate that you can have your risk under control, withdrawals from evaluation accounts will be flexible in the amounts of fixed withdrawal, individual withdrawals, and flexible withdrawals. In the fifth month, you can withdraw what you want as long as you respect the established threshold. To request the withdrawal of funds, you must request by generating a TICKET at the Help Desk with the subject "Payment for Performance benefits".

Conclusion

LeseUp is an excellent platform for traders who want to evaluate their trading strategies and skills. The process to get started is straightforward, and traders can buy market data that they will need. The evaluation accounts and performance accounts have their respective rules, and traders must follow them to succeed. The withdrawal rules are also flexible, but traders must meet the threshold. If you are ready to try LeseUp, follow the steps provided in this blog post, and you will be on your way to evaluating your trading strategies and skills.