leveled up society Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained
leveled up society Minimum Deposit Explained
The minimum deposit for Leveled Up Society is $139 for the smallest challenge account, which provides traders with access to a funded trading account after passing the evaluation process. This amount applies to the initial fee required to start trading and is not a deposit in the traditional sense since it is used to cover the cost of the evaluation challenge.
Account-type Comparison
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One-Step Evaluation Challenge:
Minimum Deposit: $139
Account Sizes: $10,000, $25,000, $50,000, $100,000, $200,000
Profit Target: 10%
Two-Step Evaluation Challenge:
Minimum Deposit: $139
Account Sizes: $10,000, $25,000, $50,000, $100,000, $200,000
Profit Target: 8% (Level 1) and 5% (Level 2)
Advantages
- Low Entry Cost: The minimum deposit is relatively low compared to other prop firms.
- Multiple Account Sizes: Offers flexibility in choosing account sizes based on individual trading strategies.
- Profit Sharing: Competitive profit-sharing model of up to 80%.
- Unlimited Free Retakes: Traders can retake the evaluation without additional costs.
- Diverse Trading Instruments: Access to a variety of trading instruments including forex, commodities, and indices.
Disadvantages
- High Profit Targets: The profit targets can be challenging for some traders.
- Limited Trading Platforms: Only supports the TradeLocker platform.
- Negative Reviews: Some traders report issues with payouts and customer service.
- Withdrawal Fees: A 1% fee on withdrawals can reduce overall profits.
Competitor Comparison
Compared to other prop firms, Leveled Up Society's minimum deposit is competitive, especially considering the potential for high profit sharing and the ability to retake evaluations. However, firms like FundedNext and FTMO may offer more robust educational resources and a wider array of trading platforms.
leveled up society Deposit Methods Comprehensive Guide
Leveled Up Society provides various deposit methods to cater to a global audience. Below is a comprehensive overview of the available deposit methods:
1. Credit/Debit Cards
- Processing Time: Instant
- Fees: 0%
- Availability/Regions: Global
- Limits: Minimum $139; Maximum varies by account type
- Pros: Fast processing; widely accepted.
- Cons: May not be available in all countries.
2. Bank Transfer
- Processing Time: 1-3 business days
- Fees: Varies by bank; typically low
- Availability/Regions: Global
- Limits: Minimum $139; Maximum varies
- Pros: Secure; suitable for larger deposits.
- Cons: Slower processing time compared to cards.
3. PayPal
- Processing Time: Instant
- Fees: 0%
- Availability/Regions: Global
- Limits: Minimum $139; Maximum varies
- Pros: Highly secure; user-friendly interface.
- Cons: Requires a PayPal account.
4. Cryptocurrency
- Processing Time: Instant to a few hours depending on network congestion
- Fees: Varies by currency and network
- Availability/Regions: Global
- Limits: Minimum $139; Maximum varies
- Pros: Anonymity; low transaction fees.
- Cons: Volatility in cryptocurrency values.
Supported Currencies
Leveled Up Society supports deposits in USD, EUR, and GBP. Traders must select their preferred currency during account registration, and this choice cannot be changed later.
Recommended Methods
For speed and convenience, credit/debit cards and PayPal are recommended for deposits due to their instant processing times and zero fees.
leveled up society Deposit Steps Explained
To deposit funds into your Leveled Up Society account, follow these steps:
- Create an Account: Register on the Leveled Up Society website and complete the necessary KYC verification.
- Log In: Access your account using your credentials.
- Navigate to Deposit Section: Go to the 'Deposit' section of your account dashboard.
- Select Deposit Method: Choose your preferred deposit method from the available options.
- Enter Deposit Amount: Specify the amount you wish to deposit (minimum $139).
- Complete Payment: Follow the instructions for your selected payment method to complete the transaction.
- Confirmation: Wait for a confirmation email or notification indicating that your deposit has been processed.
The deposit process is largely similar on both mobile and web platforms. However, mobile users may experience a more streamlined interface, making it easier to navigate through the deposit steps.
KYC/Verification Notes
Before making a deposit, ensure that your account is verified by submitting the required identification documents. This step is crucial for processing your deposit securely.
Common Issues and Solutions
- Payment Declined: Check with your bank or payment provider for any restrictions.
- Delayed Processing: Contact customer support if your deposit hasnt reflected within the expected timeframe.
Typical Fund Crediting Times
Deposits via credit/debit cards and PayPal are credited instantly, while bank transfers may take 1-3 business days.
leveled up society Withdrawal Methods Overview
Leveled Up Society offers several withdrawal methods to ensure traders can access their funds efficiently. Below is an overview of the available withdrawal channels:
1. Cryptocurrency
- Processing Time: 1-3 hours
- Fees: Varies by currency and network
- Supported Currencies: Bitcoin, Ethereum, and others
- Limits: Minimum $100; Maximum varies
- Pros: Fast and secure; low fees.
- Cons: Volatility in cryptocurrency values.
2. Bank Transfer
- Processing Time: 3-5 business days
- Fees: 1% of the withdrawal amount
- Supported Currencies: USD, EUR, GBP
- Limits: Minimum $100; Maximum varies
- Pros: Secure; suitable for larger amounts.
- Cons: Slower processing time.
3. PayPal
- Processing Time: Instant
- Fees: 0%
- Supported Currencies: USD, EUR, GBP
- Limits: Minimum $100; Maximum varies
- Pros: Fast and user-friendly.
- Cons: Requires a PayPal account.
Recommended Withdrawal Options
For speed and cost-effectiveness, PayPal is the recommended option due to its instant processing and zero fees.
leveled up society Withdrawal Steps Explained
To withdraw funds from your Leveled Up Society account, follow these steps:
- Log In: Access your account on the Leveled Up Society platform.
- Navigate to Withdrawal Section: Go to the 'Withdrawal' section of your account dashboard.
- Select Withdrawal Method: Choose your preferred withdrawal method from the available options.
- Enter Withdrawal Amount: Specify the amount you wish to withdraw (minimum $100).
- Complete Withdrawal Request: Follow the instructions for your selected method to submit your withdrawal request.
- Confirmation: Wait for a confirmation email or notification indicating that your withdrawal has been processed.
ID Verification Requirements
For withdrawals, you may need to verify your identity again, especially if its your first withdrawal or if you have changed your payment method.
Expected Fund Arrival Time
- Cryptocurrency: 1-3 hours
- PayPal: Instant
- Bank Transfer: 3-5 business days
Typical Delay Reasons and How to Resolve Them
- Verification Issues: Ensure all KYC documents are submitted and verified.
- Payment Provider Delays: Contact customer support if your withdrawal is delayed beyond the expected time.
FAQs – leveled up society Deposits & Withdrawals
- What is the minimum deposit for leveled up society?
- The minimum deposit for Leveled Up Society is $139 for the smallest challenge account.
- How long do withdrawals take?
- Withdrawals via cryptocurrency take 1-3 hours, PayPal is instant, and bank transfers take 3-5 business days.
- Are there fees for deposits or withdrawals?
- There are no fees for deposits, but withdrawals incur a 1% fee for bank transfers.
- Can I use the same method for both deposits and withdrawals?
- Yes, you can use the same method for both deposits and withdrawals, provided it is supported by the platform.
- Does leveled up society support cryptocurrency or local payment methods?
- Yes, Leveled Up Society supports cryptocurrency deposits and withdrawals, as well as traditional payment methods like credit/debit cards and bank transfers.