LEILA Prop Firm Assistant
Tired of losing your prop firm trading account due to breaching one of their many trading rules?
Meet LEILA, the only dedicated prop firm trading manager for Metatrader that addresses these trading rules.
In the rapidly expanding prop firm trading industry, countless traders fall victim to breaching many of the strict trading rules set up by prop firms and therefore losing their accounts. Meet LEILA, your guardian angel!! Never again do you need to worry about trading over specific news events, exceeding your max daily drawdown limit or closing trades too early…. oh and this is just a taste of what LEILA can do for you. Focus on your strategy and let LEILA handle the rest
About Us
A little bit more behind the story of LEILA and the need for this incredible account protection trade manager for the trading industry
Hi, my name is Steve and I am the core designer of LEILA which is named after my incredible partner who is the strongest woman I know and incredibly resilient no matter what life throws at her. As a trader I’m sure you can appreciate how important this life skill is for trading so I felt it only fitting to name this after her. I have been trading just over 20 years now and am a funded trader but LEILA was born because I was sick of losing my prop firm accounts due to a rule I missed. So I started on the search to find a trade manager that I could program in the rules and it would protect my trades, and found absolutely nothing! This started my journey and for the next six months I carefully designed every option that would take care of every rule out there (that I knew of anyway) and working with the best coder out there I came up with LEILA which is the only one stop shop trade manager to protect my accounts. I personally use LEILA for my own accounts and it has saved me more times than I can keep track of. I wasn’t going to initially make this public but I know hundreds of traders that still get confused with the rules and breach their accounts, so finally LEILA is available for everyone!
News Trading
LEILA will read the Forex Factory news calendar in real time and based on the impact of the news events you set and the currency (US only news etc) you can set up specific or all pairs to be managed by LEILA. You have lots of options how you want these trades managed including setting the time in minutes before and after your news event for these options to take affect. You can even manually program times in advance like manual news events for trades to be managed as well
Minimum Trade Holding Time
You can set LEILA to keep any trade open for a certain amount of time. You just set the minutes and LEILA will ensure your trade is not closed before that time. A visual countdown timer will be displayed on your chart. LEILA has the option to remove any Stop Loss or Take Profit levels until the trades min holding time has expired (to ensure it does not close) and then bring them back, whether you have one trade or twenty as LEILA manages every trade independently
Drawdown Protection
Based on the requirement of your prop firm, you can set up LEILA to turn off all trades and disable any new trades until the next trading day if your account exceeds the max daily loss limit. You can set this as a % and against multiple options to cover all prop firm rules. LEILA will even tell you during the day the status of your account showing your PNL (profit and loss) as a percent so you will know if you are getting close to triggering the drawdown protection.
Profit protection
You can set up LEILA to close all trades when you hit your daily profit goal. LEILA can even be set up to close a sequence of trades if they hit your profit % goal and then allow new trades from your trading EA or manual trading. This can be very handy for martingale or grid trading strategies.
Weekend Trading
You can set a time on Friday to close all trades for the weekend, LEILA will enable auto trading again when the market opens!
Max Trades
LEILA can be set up to only allow a certain number of trades to be opened on your account either by symbol or an overall number of trades at any given time. This is a very good feature for prop firms that only allow up to three open trades per pair or you can use this option to reduce risk and ensure LEILA does not allow too many trades to be opened at any one time. There are some limitations to this feature so please refer to the YouTube page listed under the “About Us” section on our website for the detailed video tutorial on “Max Trades” and videos for every other feature available
Unique Visual Panel
With the vast amount of options available, LEILA has a clean interface to show you which modes are active and live, the news event scheduled next and other important information like the overall profit and loss of your account and when LEILA is in “Protection” mode.
PRICING
Our Pricing
See below our membership options to have LEILA in your home protecting your account using the the most advanced prop firm assistant robot in existence!
Monthly
99$
- License for one MT5 live or demo account
- Can swap your account number after 14 days
- Trade any pair that your broker supports
- All future updates and feature upgrades included
- 24/7 support
Yearly
599$
- Save $589 with the yearly plan compared to monthly
- License for one MT5 live or demo account
- Umlimited account number swaps – (Min request once every 14 days)
- Trade any pair that your broker supports
- All future updates and feature upgrades included
- 24/7 support
Lifetime
1,299$
- You have LEILA for life!
- License for one MT5 live or demo account
- Umlimited account number swaps – (Min request once every 14 days)
- Trade any pair that your broker supports
- All future updates and feature upgrades included
- 24/7 support
FAQ
Frequently asked Questions
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Which broker is best to use with LEILA?
Any broker that supports MT5 can be used as LEILA will read your brokers Marketwatch (pairs offered) and you can add any symbol/pair that your broker supports
What platform does LEILA run on?
LEILA runs on Metatrader 5 (MT5) however we will release LEILA for Metatrader 4 (MT4) in the future. Launch TBC at this stage.
What instruments can I use with LEILA?
Any instrument your broker supports LEILA will manage, this includes Forex, Indices, Futures, Crypto etc
Do I need to run LEILA on a VPS?
Can I trade copy from another platform to MT5 and/or from MT5 to a different platform and use LEILA to still protect my account?
Do I need to install any other piece of software?
Unless you want to copy into other platforms you do not need to install any additional software to operate. LEILA is an EA that will run on a chart on your MT5 so nothing additional is needed, no extra files to download.
Will my prop firm ban me cause I used LEILA?
Prop firms or brokers have these rules set up to protect their business models, gambler type traders or people abusing the rules and not trading in a responsible way. LEILA will ensure you are trading according to their rules and when LEILA manages trades this is no different than any EA opening and closing trades which is perfectly allowed. (please check if your prop firm challenge type allows EAs – most do but still check)
When LEILA disables autotrading to stop new trades can I still place manual trades
Yes as MT5 will always over ride algo trading to allow you to place trades, this is the function of MT5 vs what LEILA can or can’t do. However if you do place trades when LEILA is in its “protection” mode which is very clear on your chart when protection mode has been activated, you could breach a rule so please check carefully with your prop firms rules.
Will LEILA run if my prop firm does not allow EAs?
It is very unlikely a prop firm does not allow trade management EAs (this is not a 3rd party trading EA, this is a trade management EA) as it doesnt place trades it just manages trades accrording to your strategy. However if your prop firm does not allow EAs at all or any form of autotrading then LEILA will not run for you as LEILA is still an EA and this is how MT5 recognises LEILA
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What happens if I lose internet connection? Will LEILA still protect my account?
LEILA needs a constant internet connection to manage trades in real time, of course if LEILA has closed all trades and you lose connection, then an hour later your connection is back online LEILA will enable itself again and do whatever it was supposed to do. This is why a VPS is recommended to ensure you dont breach a rule if LEILA is offline
What if I need to change my account number? For every challenge there is a different account number? how many times can I do this and is there any additional charge?
There is no additional cost or limit to how many times you can change your account number. However due to the logistics of moving licenses around and offering support for everyone, we will ask to only submit account number changes once every 14 days as a minimum. This rule may be removed once we are running 100% automation for license swaps but until further notice there will be a minimum 14 day cap to change account numbers. Remember you can always run one MT5 demo account forever running your EA and LEILA and copy these trades to your prop firm MT5, MT4, Tradelocker, Ctrader, DXtrade etc.
Is there a refund policy or any form of compensation if LEILA causes me to lose my account due to missing a prop firm trading rule?
There is no refund policy but the monthly plans have been set up for you to test LEILA before you consider paying more for a longer subscription. LEILA has been run in testing for long periods of time and on multiple prop firms, symbols, brokers, demo and live accounts without issue but its still impossible to test every single combination out there so you do need to do your own testing before you run LEILA on your challenge/funded accounts. This will also ensure you fully understand how all of the options work to make sure all the settings align to your prop firms rules. We are not responsible for any breaches due to unforeseen or unexpected bugs, incorrect settings, delayed price feeds or lost internet connection. For example if you have a rule to close all trades 5 mins before news, set Leila for 10 mins to be extra safe, so use your discretion here. Please keep this in mind before you purchase LEILA.
If I purchase any plan and later on you release the MT4 version will you allow me to transfer to this so i dont have to buy the MT5 and MT4 version?
Can I upgrade and downgrade my plans at any stage?
Are all future upgrades included in my subscription?
What if LEILA does not cover a specific trading rule or I have a suggestion for a feature I would like to see in LEILA?
We encourage all feedback & suggestions (Please see our “Contact Us” page) and if its possible we will definately look to include any suggestions in future versions. Receiving feedback from the community is so important to ensure LEILA can protect your account under any scenario and become the most valuable tool for your trading success.