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Table of contents

  • Pros and Cons
  • Recommended For
  • Top Features
  • Account Types
  • Trading Platforms
  • Pricing
  • Service Details
  • Reliability & Security
  • Final Thoughts
  • Contact Info

Lionheart Funding Program LFP Review

Updated :
October 8, 2024
Written By icon
Written By
INVESTING
4.0

Innovative Trading for All Levels

Lionheart Funding Program (LFP) offers a wide range of tradable assets, including forex pairs, commodities, indices, and cryptocurrencies. Founded in 2023, LFP sets itself apart with its free entry tournaments, flexible trading rules, and access to capital up to $400,000. Although unregulated, LFP delivers a seamless and transparent trading experience.

Pros and Cons

Pros

  • Free Tournament Entry for Traders
  • Wide Range of Tradable Instruments
  • Flexible Trading Rules and Strategies
  • Multiple Re-entry Opportunities Offered
  • Innovative and Transparent Platform

Cons

  • $7 Commission Per Lot on Trades
  • No Futures Trading Available
  • Withdrawal Fees for Bank Transfers

Recommended For

Lionheart Funding Program (LFP) is ideal for traders looking to demonstrate their skills without upfront costs, thanks to its free entry tournament. The platform offers access to a wide range of tradable assets, including forex, commodities, indices, and cryptocurrencies, appealing to diverse trading strategies. With no restrictive trading rules, LFP provides flexibility for scalpers, swing traders, and long-term investors.

Multiple re-entry opportunities and a transparent, innovative platform make it a strong contender in the prop trading space. Overall, LFP stands out for its cutting-edge features and appealing capital opportunities, making it an attractive choice for serious traders.

Top Features

Pioneering Free Entry Tournaments

One of the most unique features of Lionheart Funding Program (LFP) is its groundbreaking FX Tournament, the first of its kind in the prop trading space. Traders can enter the tournament for free, giving them a risk-free opportunity to showcase their skills and win up to $10,000 in cash or a $400,000 simulated tradingaccount. The re-entry model, allowing traders to participate again for a small fee if they fail, makes the competition engaging and fair.

A portion of the re-entry fee goes directly into the prize pool, enhancing the rewards for top performers. This innovative structure, combined with LFP’s cutting-edge trading platform and flexible rules, sets it apart from other prop trading firms.

Account Types

Tailored Accounts for Every Trader

Lionheart Funding Program (LFP) offers a variety of account types to cater to traders at different experience levels. The account types range from $5,000 to $400,000, allowing traders to start small or aim for larger capital opportunities. For beginners, LFP offers $5,000 to $50,000 challenge accounts, priced from $49 to $299 respectively, with up to 1:100 leverage, a 90% profit share, and a 5% daily drawdown limit, making these accounts accessible while still offering significant payouts.

For more advanced traders, LFP provides $100,000 to $400,000 challenge accounts, priced from $489 to $1,959 respectively, with the same leverage and profit share. These accounts are tailored for traders seeking higher stakes and larger potential earnings. The unique Tournament Account, offering $100,000 in starting capital, provides free entry into LFP’s trading tournaments. This option allows traders to compete for cash prizes and prop firm accounts without upfront costs, with multiple re-entry opportunities available.

Account Type

Available

DEMO ACCOUNT

Yes

ISLAMIC ACCOUNT

No

SEGREGATED ACCOUNT

Yes

MANAGED ACCOUNT

No

SUITABLE FOR BEGINNERS

Yes

SUITABLE FOR PROFESSIONALS

Yes

US TRADER

Yes

Trading Platforms

Versatile Platforms for Every Trader

Lionheart Funding Program (LFP) offers several trading platforms, providing flexibility for traders of all levels. The platforms include DX Trade andTradeLocker, each designed to offer a seamless trading experience across multiple devices.

Mobile Trading Apps

LFP’s platforms, including DX Trade and TradeLocker, are available on mobile devices, supporting both Android and iOS. Traders can access their accounts and make trades on the go with full platform functionality.

Web Trading Apps

LFP offers web-based trading through its platforms, allowing traders to access their accounts from any browser without downloading software. This is ideal for those who prefer flexibility in their trading setup.

Desktop Trading Apps

For desktop users, LFP supports both Windows and Mac systems, offering DX Trade and TradeLocker for traders who prefer a more robust trading environment on their desktop computers.

Trading Platform

Available

TradeLocker

Yes

DXtrade

Yes

MT4

No

MT5

No

CTRADER

No

PROPRIETARY

No

Desktop and Web Platform

Available

DESKTOP WINDOWS

Yes

DESKTOP MAC

Yes

WEB PLATFORM

Yes

Mobile Platform

Available

ANDROID

Yes

iOS

Yes

Pricing

Transparent and Simple Fee Structure

Lionheart Funding Program (LFP) offers a straightforward fee structure that ensures transparency for traders. With clear commissions and no hidden fees, traders can focus on their strategies without worrying about unexpected costs.

Account Minimum

The minimum challenge fee is $49, giving successful challenge traders the opportunity to access a funded account containing $5,000.

Trading Fees

LFP applies a flat $7 commission per lot on all trades, which covers forex, commodities, indices, and cryptocurrencies.

CFD Fees

For CFDs, traders also pay a $7 commission per lot. This fee applies to all CFD instruments offered on the platform.

Forex Fees

Forex trading follows the same structure, with a $7 per lot commission across all available currency pairs.

Futures Fees

LFP does not offer futures trading, so no fees are associated with futures instruments.

Account Fee

An initial fee is required to begin the evaluation process, but there are no ongoing account maintenance fees.

Inactivity Fee

There are no inactivity fees, but accounts will be considered inactive if unused for 30 days.

Withdrawal Fee

Bank transfers incur a fixed fee, while cryptocurrency withdrawals carry a percentage-based charge.

Overnight Funding Fee

Specific CFDs are subject to swap rates, with transparent details provided on the trading platform.

Currency Conversion Fee

LFP does not charge currency conversion fees.

Guaranteed Stop Order Fee

LFP does not offer this feature, so no fees applicable.

Service Details

Dedicated Support for Every Trader

Lionheart Funding Program (LFP) offers multiple customer support channels to ensure traders receive timely assistance. Traders can access live chat support directly on the LFP website for immediate help, making it one of the quickest ways to resolve issues. Email support is also available for more detailed inquiries, with a dedicated team ready to address complex concerns.

For community engagement and real-time communication, LFP has a vibrant Discord community with over 30,000 members, where traders can connect with staff and peers. Additionally, automated bot support on the website helps with frequently asked questions and guides users to relevant resources. This multi-channel approach ensures that traders can always get the help they need.

Reliability & Security

Is Lionheart Funding Program Legit and Safe?

Lionheart Funding Program (LFP) ensures a safe and trustworthy trading environment through robust fraud prevention and fund security measures. Although LFP is not regulated, it takes client security seriously. Traders undergo a comprehensive KYC process to verify their identity, while IP monitoring and device fingerprinting prevent multiple account abuse or system manipulation.

LFP also prioritizes fund security by keeping client funds in segregated accounts, ensuring they are protected from company liabilities. Client funds are held with third-party custodians, adding an extra layer of protection. Strict withdrawal protocols and real-time account monitoring further ensure that traders’ earnings are secure, and only legitimate transactions are processed. With advanced encryption and regular security audits, LFP offers a safe trading platform.

Final Thoughts

Lionheart Funding Program (LFP) offers a unique approach to prop trading with its innovative free-entry tournaments, diverse asset offerings, and flexible trading rules. Traders can access a wide range of instruments, including forex, commodities, indices, and cryptocurrencies, all while enjoying competitive commissions and the opportunity to win substantial capital. LFP traders also benefit from cutting-edge DX Trade and TradeLocker platforms, available across mobile, web, and desktop.

With robust fraud prevention measures, segregated accounts, and reliable customer support, LFP provides a secure and transparent environment for traders. Whether you’re a beginner or a seasoned professional, LFP’s accessible account types and competitive profit-sharing make it a solid option for traders looking to scale their performance.

Contact Info

laptop Website: https://lionheartfundingprogram.com/
laptop Email: support@lionheartfundingprogram.com
call Telephone: +270680258371
location_on Company Address:
40 Ros Street Johannesburg South Africa 2044

Disclaimer: The contents of this page or available via this page ("Contents") are provided by third parties and do not constitute an endorsement by FUSION MEDIA of the Contents or products of such third parties. FUSION MEDIA has no control of the Contents, is not responsible for their accuracy, availability or legality and hereby disclaims any responsibility for the Contents. Any transactions that you enter into with any third party listed in this page or linked from this page are solely between you and such third party and are at your sole risk. Please also refer to our Risk Warning. FUSION MEDIA disclaims any liability for any damage or loss caused in connection with the use of or reliance on any Contents Please be informed that Proprietary Trading is not fully regulated, the user will bear full responsibility of losses or gains achieved.

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