Does Leeloo Trading Allow Automated Trading?
The Simple Answer
No, not if the system trades for you. Leeloo prohibits full automation, meaning any system that places or manages trades without your manual input, on both Practice and Performance accounts. Its own summary line is the clearest statement of the rule: if you are pushing the buttons you are in control, and if a system is trading for you, it is not allowed.
Below is how Leeloo Trading classifies automated trading, and what that means in practice for the tools you may want to run.
Automation Policy Overview
What This Means In Practice
Where the line sits
Leeloo prohibits full automation, defined as auto-entry and auto-exit, on Practice and Performance accounts alike. It also bans external signal copying and mirror trading, meaning copying trades from another person account or using a copier tool to follow someone else. Server-side DCA systems are prohibited too: repetitive order placement based on fixed price gaps, or automated averaging, is treated as high risk and may be flagged.
What you can still do
The permitted list is generous as long as your hand is on the trigger. Manual trading using any strategy is supported, including price action, trend following, scalping and swing trading. You may act on signals from another system, including an alert from an algorithm you have written, provided you place the trade manually. Indicators, tools and chart templates are fully supported. And you may place multiple contracts in a single trade, scaling in or out, as long as you do it manually.
Manual DCA is allowed, with conditions
Scaling into a position by placing multiple entries at different price levels is permitted, on three conditions: you place each trade manually, your risk stays consistent and within account limits, and your contract size and entry behaviour are not excessive or erratic. Leeloo warns that if your DCA method becomes highly repetitive, risk-heavy or automated in any way, it may cross into a violation.
Developing an algorithm is fine, running it is not
Leeloo says you are welcome to develop and test your strategies manually, but if you are using an algorithm to place or manage trades it must not be fully automated. If you are unsure whether your method counts, Leeloo invites you to email support@leelootrading.com and get it clarified before there is a problem, which is the sensible route given how much judgement sits in the wording.
News trading has its own conditional rule
Trading during news events is permitted as part of a normal strategy, but strategies that chase the market, place orders on both sides of a move, or otherwise gamble on the outcome are not allowed. Accounts found doing this may face payout adjustments, denial or closure at Leeloo sole discretion.
Final Comments
Automation rules are one of the fastest moving parts of any prop firm rulebook, and they are also one of the most expensive to get wrong. Before you connect anything to a Leeloo Trading account, get your specific setup confirmed in writing by support rather than relying on a general policy line.
Learn more details and compare prop firm discounts here: Propvator.com.
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FAQ
Does Leeloo Trading allow automated trading?
No, not if the system trades for you. Leeloo prohibits full automation, meaning any system that places or manages trades without your manual input, on both Practice and Performance accounts. Its own summary line is the clearest statement of the rule: if you are pushing the buttons you are in control, and if a system is trading for you, it is not allowed.
How does Leeloo Trading classify automation?
As Not Allowed. In practice that means automated trading is prohibited. The sections above set out exactly where the boundary sits.
Where the line sits: what does Leeloo Trading say?
Leeloo prohibits full automation, defined as auto-entry and auto-exit, on Practice and Performance accounts alike. It also bans external signal copying and mirror trading, meaning copying trades from another person account or using a copier tool to follow someone else. Server-side DCA systems are prohibited too: repetitive order placement based on fixed price gaps, or automated averaging, is treated as high risk and may be flagged.
What you can still do: what does Leeloo Trading say?
The permitted list is generous as long as your hand is on the trigger. Manual trading using any strategy is supported, including price action, trend following, scalping and swing trading. You may act on signals from another system, including an alert from an algorithm you have written, provided you place the trade manually.
What happens if I run a bot on a Leeloo Trading account anyway?
You are risking the account. Where a firm prohibits automation outright, running it is a rule breach rather than a grey area, and any profits made through it can be challenged at payout.
