LEVAFX Debuts London-Based Prop Firm Featuring Unlimited Evaluation Periods and Stablecoin Payouts
According to a release circulated via Globe Newswire and covered by Business Insider Markets, LEVAFX LTD — a newly registered proprietary trading firm headquartered in London and incorporated in England and Wales (Company No.
17355265) — has gone live with a funded-trader program designed around a stripped-down rulebook, with no evaluation time limits, no minimum trading days, a profit split of up to 90%, and payouts settled in stablecoins (USDC and USDT). For retail traders navigating an increasingly crowded prop-firm landscape, the pitch is as much about what has been removed as what is on offer.
Asset Universe and Trading Architecture
The firm's tradable universe is deliberately narrow but liquid: gold, Bitcoin, and major forex pairs, executed against live market prices on LEVAFX's own proprietary platform rather than a third-party stack like MT4 or MT5. Evaluations are run on simulated accounts against those live prices, with two risk parameters disclosed upfront — a maximum drawdown limit and a daily drawdown limit — and the firm states these conditions do not change once a trader clears the evaluation. Founder Harsh Goyal, who publicly cites six-figure payouts earned at other prop firms before some were refused, frames the design as a direct response to that experience: a fixed rulebook visible before payment, with no post-success re-negotiation.
Transparency Layer and What to Watch
Central to the offering is the Leva Awards program, which issues uniquely numbered certificates at three milestones — passing the evaluation, becoming funded, and receiving a payout — each independently verifiable online. For traders evaluating where to deploy evaluation fees in a sector long dogged by shifting conditions, the verifiable-certificate model is a meaningful differentiator against broker-backed or opaque-only operations. The structural limitations, however, are equally clear: a single-platform environment, a crypto-only payout rail, and a company less than a year into operation mean the pressure points worth monitoring are counterparty stability, execution quality on the proprietary platform, and whether the two-rule risk framework remains literal as account growth and scaling pathways are introduced.