Does Leeloo Trading pay out?
The verdict, the risk score and the figures behind them.
We found something serious: a payout pattern, a severe clause, or regulator action.
Leeloo Trading does pay some traders, and it does refuse or sharply reduce payouts for others using a discretion the terms grant it in full. This is a seven year old Montana operator with a real legal entity, an honest simulated-account disclosure and a documented trail of money leaving. It is also a firm whose entire recent public review tail is traders describing the same event: a qualified balance met with a much smaller discretionary offer.
- Money demonstrably leaves. Independent traders describe dated payouts between October 2025 and April 2026, one of them approved three days after request.
- From roughly October 2025 the pattern reverses. Traders report $1,000 requests met with $570 and $580, $7,500 of profit met with $200, and around $9,000 met with $400.
- The terms permit exactly this: payouts sit at the firm's full discretion, and a payout cap can be changed at any time.
- The consistency threshold that matters most, the 30% rule, is published as a number. Several other grounds for refusal are not defined anywhere.
- The Discord invite on the firm's own site no longer works, and the marketing channel stopped roughly five months ago.
Risk breakdown
Six axes, each scored 1-10. Higher means more risk.
Six axes, scored 1 to 10, where a higher number means more risk. Being unregulated is normal for a prop firm and is not scored against them.
- Identity & transparency5/10
Real named entity, Natural Trading, LLC, with a Montana notice address consistent across the terms and the trader contract, but the current owner and chief executive are published only as a first name and the transfer from the founder is undocumented.
- Payout8/10
Multiple dated payouts evidenced through April 2026, set against a time-clustered payout-integrity pattern across two platforms in which qualified amounts are answered with a fraction and accounts are sometimes closed after the request.
- Terms & rug-pull risk8/10
Payouts at full discretion, a payout cap changeable at any time, amendments effective immediately on posting, and permanent bans for undefined conduct; partly mitigated by the 30% rule being published as an actual number.
- Trading conditions3/10
Simulated model stated plainly with the full hypothetical-performance disclosure, no deposits taken, platforms and data feed named, and no live-execution claim anywhere to contradict it.
- Reputation7/10
608 reviews at 3.1, but a barbell of 82 percent five star against 14 percent one star, with the entire recent tail concerning reduced payouts; credit for the firm answering complaints publicly with dates and amounts.
- Operational & social7/10
Official Discord invite no longer resolves and video output stopped after a weekly cadence, while the storefront, support portal and review replies remain active.
Payout reality
Whether the money actually arrives, and what we could evidence.
This is not a firm that never pays. It is a firm where the size of what you are paid is decided after you have earned it. Both halves of that sentence are evidenced.
What we could evidence leaving:
- A trader posting on 6 November 2025 describing two payouts of $800 each within roughly two weeks of qualifying.
- A trader posting on 30 October 2025 describing a Saturday request approved the following Tuesday, the fastest turnaround we could date.
- Further dated first-hand reports of completed payouts on 29 October 2025, 31 October 2025, 1 January 2026, 8 January 2026 covering three payouts across six months, 20 February 2026 on a weekly Turbo account, and 17 April 2026.
- The firm answers payout complaints publicly and with case specifics rather than a template, and in one October 2025 exchange it identified a named trader and the date a $1,500 payout was settled in full.
What we could not evidence, and what runs the other way:
- From October 2025 onward the independent record turns. Traders describe $1,000 requests answered with $570 and $580, roughly $7,500 of profit answered with $200, and around $9,000 answered with $400, each attributed to inconsistent contract sizing or profit taking.
- Several describe the account being closed or the user permanently banned immediately after the first withdrawal request.
- The mechanic is post-hoc. The firm's own guidance states plainly that being able to request a payout does not mean you are eligible for one.
- Every review dated between April and June 2026 that we could read concerns a reduced or refused payout. We found no dated payout artefact after 17 April 2026.
- We could not read the firm's community payout channel: the Discord invite published on its own site no longer resolves.
How the program works
The evaluation, the funded phase and what the firm keeps.
A buyer purchases a Leeloo Practice Account, either as a monthly non-recurring fee or a subscription. Advertised sizes run from a $25,000 Aspire account at $520 to a $300,000 Explode account, with Bundle variants in which only one account inside the bundle can qualify.
- Evaluation: Hit the profit target without breaching the trailing drawdown, over at least 10 traded U.S. market days. There is no maximum trading period.
- Targets and drawdown: $1,500 target against a $1,500 trailing drawdown on the 25K, $3,000 against $2,500 on the 50K, $6,000 against $3,000 on the 100K.
- Conditions: Swing trading permitted, no daily drawdown, no scaling plan, news and holiday trading allowed, full contracts allowed, multiple concurrent accounts under one login.
- Funded stage: The account converts to a Performance Account carrying either a one time $250 fee or $88 per month. Beyond that sits Leeloo Elite, where an account may be copied through proprietary software at the firm's discretion.
- Payout: Requested by email, not through the dashboard. Reviewed manually within one to three business days against rule compliance and consistency. Approved amounts are paid through Rise. No published percentage split, and an Account Payout Cap applies.
Who they are
The company behind the brand, and where it is registered.
- Brand: Leeloo Trading, styled Leeloo and Performance Based Trading and Contests.
- Legal entity: Natural Trading, LLC, doing business as Leeloo Trading, named at the head of its own Terms of Use.
- Registered: Montana, United States. Notice address 821 North 27th #2035, Billings, Montana 59101. Business directories place the entity at Roundup, Montana.
- Website: leelootrading.com, with a separate members portal and a separate support knowledgebase on the same domain.
- Founded: 2019, consistent with the site's own 2019 to 2026 copyright line and with directory records.
- Team disclosed: Thinly. Founder Jody Dahl is named, together with the statement that she no longer owns the company. The current chief executive is presented publicly only as Chris, with no surname anywhere on the site and no dated record of the ownership transfer.
- Where it accepts traders from: Globally. The site lists payout winners from sixteen countries and places the burden of checking local legality on the trader.
Company on record
The legal entity named in the terms, as found on a public registry.
- Legal name
- Natural Trading, LLC dba Leeloo Trading
- Jurisdiction
- United States, Montana
- Registered address
- 821 North 27th #2035, Billings, Montana 59101
- Registry
- Montana Secretary of State
Why this verdict
How the findings add up to this verdict.
HIGH_RISK reflects a payout-integrity pattern that meets the evidential test, sitting on top of terms that expressly authorise it.
- The pattern qualifies. Same failure mode, time-clustered from October 2025 to June 2026, across two independent platforms, with checkable specifics: named requesters, exact amounts requested, exact amounts offered, dates.
- The terms permit it without limit. Payouts are stated to be at the firm's full discretion; the firm is not obligated to pay more than a cap that may itself be changed at any time; and the terms can be amended with effect immediately on posting.
- The grounds are partly undefined. The 30% rule is published as a number, which is genuinely to the firm's credit. Toxic flow, price feed exploitation, reckless trading, gambling behaviour, home run trading and flipping are not, and each of them can end an account permanently.
- Operational signals are cooling. The official Discord invite is dead, video output stopped around five months ago after a weekly cadence, and the public review record itself thins out after early June 2026 while the storefront keeps selling.
It is not CONFIRMED_PAYOUT_FAILURE. Real, dated payouts exist and partial amounts are still being paid, so the money has not stopped moving. It is not COLLAPSED either.
Counterpoints
The strongest case in their favour, and what would change our mind.
The case in their favour
The honest case for Leeloo is stronger than its recent reviews suggest, and it rests on things we verified rather than on marketing.
- It has been paying for years and is still paying. Seven years of operation and a run of independently dated payouts through to April 2026 are more than most firms in this sector can show.
- It is honest about what it is. The terms state without hedging that Leeloo is not a broker, accepts no deposits, and runs simulated accounts, and the site carries the full hypothetical-performance disclosure. There is no live-execution claim to contradict.
- It publishes the number that usually gets hidden. The 30% rule is stated arithmetically, with a worked example. Most firms leave consistency entirely undefined.
- The trading rules are unusually generous. No daily drawdown, no scaling plan, news and holiday trading permitted, no time limit on the evaluation.
- It engages in public. It replies to negative reviews with dates and amounts, and it has made a specific, checkable counter-allegation that part of the October 2025 negative wave was a coordinated campaign. That is not the behaviour of a firm hiding from its record.
- No regulator has acted against it in seven years of operation.
What would change our mind
These are checkable and would move the verdict in either direction.
- Upward: Dated payout artefacts from independent traders covering July 2026 onward, showing the full requested amount paid rather than a reduced offer.
- Upward: Publication of the inconsistency thresholds the way the 30% rule is published, so a trader can check contract sizing and profit taking compliance before trading rather than after.
- Upward: A working, publicly readable Discord payout channel restored on the official site.
- Upward: Removal of the clause allowing the payout cap to be changed at any time, or a stated notice period before amendments bind existing Performance Accounts.
- Downward: Any credible report of a further fee demanded before funds are released.
- Downward: Payouts moving to an open-ended queue on a datable day while the storefront keeps selling.
- Downward: A regulator warning entry naming leelootrading.com or Natural Trading, LLC.
- Downward: The support knowledgebase or the review reply cadence going silent, both of which are currently the strongest signs of life.
Evidence ledger
Every finding behind the verdict, with its source.
- Context
E1The operating entity is named without ambiguity as Natural Trading, LLC dba Leeloo Trading, with a Montana notice address, giving a trader a definite counterparty to pursue.
- In favour
E2The firm states it is not a broker and accepts no deposits, and describes its service as simulated funds. No deposit rails, cashier, live account option or live server were found. This is a genuine prop firm.
- Against
E3Payouts are placed entirely within the firm's own judgement: all payouts are subject to review and compliance at Leeloo's full discretion, with no defined test and no appeal route.
- Against
E4The firm is not obligated to pay more than an Account Payout Cap, and that cap is subject to change at any time, so accumulated profit can be capped after it has been earned.
- Against
E5Terms can be changed at any time with changes effective immediately on posting, and traders are told to return to the site periodically to check. Every other protection is provisional under this.
- In favour
E6The consistency threshold that matters most is published as a number with a worked example: a trader must be below 30 percent, so on $5,000 of profit no single day may exceed $1,500. That removes the classic undefined-consistency mechanic for this one rule.
- In favour
E7Dated first-hand payout reports from independent traders across October 2025 to April 2026, including two payouts of $800 within two weeks of qualifying, three payouts across six months, and a Saturday request approved the following Tuesday. Money does leave.
- Against
E8A time-clustered payout-integrity pattern with the same mechanic and checkable amounts: $1,000 answered with $570 and $580, roughly $7,500 of profit answered with $200, around $9,000 answered with $400, each attributed to inconsistency, several ending in account closure or permanent ban.
- Against
E9The same failure mode documented on a second independent platform: a video published 21 April 2026 titled Leeloo Trading Denied My Payout, describing a denial after internal review, alongside an earlier channel case referenced repeatedly by other complainants.
- Against
E10The Discord invite published on the firm's own site returns Invite Invalid, closing off the community payout channel, while video output stopped roughly five months ago after a sustained weekly cadence and the storefront continues to sell.
Official channels
Official accounts and the captures we archived.
Official channels
Audience size and the latest post we could see, captured on the review date. A prop firm usually goes quiet before it stops paying, so an inactive channel is worth noticing.
What we captured
Screenshots taken by WIKILIX on the review date. Pages change; these do not.
Questions about Leeloo Trading
The questions traders actually ask about this firm.
Yes, but not reliably in full. Independent traders have documented completed payouts between October 2025 and April 2026, including one approved three days after request. Over the same period a larger group documented requests met with a fraction of the amount earned, for example $1,000 answered with $570 and roughly $7,500 of profit answered with $200.
No single day's net profit may be 30% or more of your total profit. On $5,000 of cumulative profit, no day may exceed $1,500. It applies for the life of the Performance Account across all traded days regardless of how many payouts you have taken. It is the one consistency threshold Leeloo states as a number.
On Foundation, Bundle and LE plans, after 30 individually traded U.S. market days, by email only, on the last Saturday of the month between 2:00 AM and 5:00 PM EST, then every 10 traded days. Weekly Turbo accounts pay after 5 winning traded days, a winning day being at least one closed trade and $200 net profit.
Leeloo does not publish a percentage split. Payouts are fixed amounts per plan and phase, subject to an Account Payout Cap. Some plans state an explicit ceiling, such as a maximum of $6,500 or three payouts on the Elite Flexible plan.
We found no enforcement action, injunction or warning-list entry naming leelootrading.com or Natural Trading, LLC. Prop firms of this type generally hold no financial licence because there is none to hold for a simulated evaluation service, so the absence of one is the ordinary position and not a finding.
Because the terms allow it. Payouts are stated to be at the firm's full discretion and it is not obliged to pay more than an Account Payout Cap that can be changed at any time. In practice traders report being offered a smaller discretionary distribution when compliance flags inconsistent contract sizing or profit taking.
No. Leeloo states plainly in its own terms that it is not a broker, accepts no deposits, and that trading is on simulated accounts using simulated funds. Payouts come from the firm's own revenue. A Performance Account may be simulated or copied at the firm's discretion. That model is the industry norm.
Requests are emailed to support and manually reviewed within one to three business days. Approved payouts are processed through Rise, the firm's payout platform. The fastest turnaround we could date was a Saturday request approved the following Tuesday.
The operating entity is Natural Trading, LLC of Montana. Founder Jody Dahl is named on the site alongside a statement that she no longer owns the company. The current chief executive is presented publicly only as Chris, with no surname given anywhere on the site and no dated record of the ownership change.
Yes. The storefront, members portal and support knowledgebase are all live and the terms were updated on 31 March 2026. However the Discord invite published on the firm's own site no longer resolves, video output stopped roughly five months ago after a weekly cadence, and the public review trail thins out after early June 2026.
What we would do
What we would do with our own money.
Treat the evaluation fee as a sunk cost and the payout as negotiable, because on this record it is.
- Read the 30% rule before you place a trade, not before you request a payout. Keep every single day below 30% of your cumulative profit for the entire life of the account, not just the current payout period.
- Trade a boring, uniform size. The refusals we read are attributed to varying contract counts and to unusually large days, not to breaching a drawdown. One outsized winner is the specific thing that appears to trigger a reduced offer.
- Do not build up a large balance. The Account Payout Cap can be changed at any time, so unrequested profit is exposed. Request early and often within the schedule rather than accumulating.
- Diarise the window. On Foundation and Bundle plans the request must be emailed on the last Saturday of the month between 2:00 AM and 5:00 PM EST. Missing it costs a month.
- Keep your own trade log and screenshots from day one. Traders who supplied them still got reduced, but you cannot argue without them.
- Understand what you give up. Disputes are bound to Montana courts, class actions are waived, and any claim must be brought within one year.
- Do not chargeback a disputed fee. The terms make that a permanent ban.