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Payout intelligence report
Legends Trading Payout Rules: Split, Caps, Buffer and Live Payouts
Legends Trading (The Legends Trading Group, Inc., Calabasas, California) is a futures prop firm with two current paths to a paid account: the monthly Apprentice evaluation, which leads to a Master account, and the one-time Elite evaluation, which leads to an Elite Master account. The two Master accounts pay out under different rules. This page sets out both, adds the live-account payouts, what happens after a failed live account and the older legacy rules, works through the math, and shows what traders report about getting paid.
Official Legends Trading sources checked November 9, 2026
Firm-controlled payout rules can change. Confirm the current policy and your dashboard before requesting money.
01Snapshot
Source snapshot
These are facts stated on the checked policy pages, not scores, rankings, or a view on payout reliability.
02Priorities
What to check first
- 1
Know your account
Your account number tells you: LTMT or LTMR is an Apprentice Master account, LTEMT or LTEMR is an Elite Master account. Legacy Straight to Master accounts keep their own older rules.
- 2
Check the blocker
Master: 7 winning days of $200+, the profit target for this payout and a best day under 35%. Elite Master: 5 winning days, profit above the buffer and a best day of 40% or less.
- 3
Size the request
Request at least the minimum ($1,000 Master, $500 Elite) and no more than the cap for your size. Profit above the cap stays in the account. Accept the Rise invitation so the money can be sent.
Payout checks before you request
Legends Trading (The Legends Trading Group, Inc., Calabasas, California) is a futures prop firm with two current paths to a paid account: the monthly Apprentice evaluation, which leads to a Master account, and the one-time Elite evaluation, which leads to an Elite Master account. The two Master accounts pay out under different rules. This page sets out both, adds the live-account payouts, what happens after a failed live account and the older legacy rules, works through the math, and shows what traders report about getting paid.
Use this page to find your account type, check the winning days, consistency, buffer, minimum and cap before you request, and see how much of your profit you can actually take out in each cycle. Facts come from the Legends Trading help centre, home page, live plan cards and terms, all read on November 9, 2026. BestProps did not buy an account or request a payout for this page.
Inspect in this order
Know your account
Your account number tells you: LTMT or LTMR is an Apprentice Master account, LTEMT or LTEMR is an Elite Master account. Legacy Straight to Master accounts keep their own older rules.
Check the blocker
Master: 7 winning days of $200+, the profit target for this payout and a best day under 35%. Elite Master: 5 winning days, profit above the buffer and a best day of 40% or less.
Size the request
Request at least the minimum ($1,000 Master, $500 Elite) and no more than the cap for your size. Profit above the cap stays in the account. Accept the Rise invitation so the money can be sent.
Legends Trading payout rules by account
| Account | Before the first payout | Each later payout | Days | Consistency | Minimum request | Cap per payout | Trader split |
|---|---|---|---|---|---|---|---|
| Apprentice Master (current) | $3,000 / $5,000 / $7,500 profit (50K / 100K / 150K) | $2,000 / $3,000 / $4,500 new profit | 7 winning days of $200+ per payout | Best day under 35% | $1,000 | $1,200 / $2,000 / $2,500 | 90% |
| Elite Master | Profit above the buffer ($1,000 to $3,500 by size) | Profit above the buffer, within the cap | 5 winning days of $100 to $250+ by size | Best day 40% or less | $500 | $800 / $2,000 / $3,000 / $3,500 (25K to 150K) | 90% |
| Live account | Drawdown mitigated and balance at least $100 above start | Daily payouts once unlocked | Tier rules apply to bonus balance | Not published for live | Not published | Not published | 90% per the home page |
| Legacy Master and Straight to Master | Balance at $27,000 / $53,000 / $104,000 / $156,250 and 10 trading days | 10 more trading days between requests | Daily minimum $100 / $150 / $175 / $200 | Best day under 30% | $1,000 (first three payouts) | $1,500 / $2,000 / $2,500 / $2,750 (25K to 150K) | 90% |
Read on November 9, 2026 from Legends’ Payout Process / Payout Policy, Master Account Rules & Guidelines, Elite payout eligibility, Elite payout limits and caps, live daily payouts, failed live account and legacy Master payout policy articles. Neither evaluation pays out: Apprentice and Elite evaluation accounts only qualify you for a Master account. Legacy accounts are no longer sold. The Roll-Back payouts this table listed in October 2026 (paid at 50% after a failed live account) are no longer in Legends’ help centre; a failed live account is now closed.
Apprentice Master payouts by account size
| Rule | 50K | 100K | 150K |
|---|---|---|---|
| Profit needed for the first payout | $3,000 (balance $53,000) | $5,000 (balance $105,000) | $7,500 (balance $157,500) |
| New profit needed for each later payout | $2,000 | $3,000 | $4,500 |
| Minimum request | $1,000 | $1,000 | $1,000 |
| Maximum per payout | $1,200 | $2,000 | $2,500 |