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L7 Select Review 2026

Name: L7 Select Prop Firm Review
Item: L7 Select
Rating: 5.7
Author: PropFirmReviews.net

Crypto perps and prediction markets · L7 web platform

Checked October 11, 2026
Next review November 10, 2026

Provisional score

5.7out of 10

Public-source assessment
Not hands-on

The short answer

Low fees. Tight risk. Funding not guaranteed.

Detailed public rules and one-time fees from $20. Daily trailing equity limits count open profit; passing does not guarantee funding. Independent payout reliability remains unverified.

Best for

Traders seeking a low-fee crypto or approved prediction-market evaluation who can manage a tight 3% daily trailing limit on open profit.

Avoid if

You need a guaranteed funded account after passing, or a firm with a payout record you can check.

See score & confidence limits ↓

Partner code · Not checkout-tested

Check before buying.

FUNDED: 10% off, partner-supplied, not checkout-tested. Confirm eligibility and final price.

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We have a code partnership with L7 Select and may earn a commission when you buy with code FUNDED. Visit links go straight to the firm's site, not tracking links. Check eligibility and final price.

01 / The scorecard

Where it earns its score.

Documented strengths, with confidence limits kept in view.

Provisional rating breakdown

Rule architecture (20%)

6.5

Payout reliability (20%)

4.5

Cost & value (20%)

7.5

Platform & execution (15%)

5.5

Support (10%)

5.0

Transparency (15%)

4.5

Provisional editorial score: 5.7/10. Weighted total 5.700 using public v2.3 weights: 20% rules, 20% payouts, 20% cost, 15% platform, 10% support and 15% transparency. Crypto and prediction pages publish no numerical tuned weights, so both use this disclosed baseline. Checked October 11, 2026; next review November 10, 2026.

Rules 6.5: detailed targets and static overall floor, but a tight 3% daily trailing limit counts open profit; progress takes at least five qualifying days and funded activation is discretionary. Payouts 4.5: documented 80% split and USDC process, but a 10% profit threshold and no independent payout record. Missing evidence is not proof of payout failure. Cost 7.5: one-time fees from $20, offset by non-refundable provisioning, tight loss budgets and undisclosed trading and add-on costs. Platform 5.5: documented Hyperliquid and approved Polymarket access, not execution-tested. Support 5.0 is a neutral provisional midpoint: Discord tickets are documented, but support was not personally tested. Transparency 4.5: named operator and detailed legal pages, offset by real-money marketing versus notional/live/hybrid terms, unverified backing claims and a non-public funded agreement.

No purchase, trading, support test, checkout test or payout test. Independent payout reliability remains unverified. Without 12 months of verifiable payouts the 6.5 payout ceiling applies; three years needed for 8.5+ is not established. Program age is unverified, so conservatively retain a 7.0 overall ceiling. Published rules do not trigger the unpublished-rules transparency cap. Hands-on testing and second-editor sign-off required by methodology remain incomplete. This is an explicit provisional process exception, pending second-editor review.

02 / Pick your path

Different plans. Different risk.

Published pricing. All plans remain available without JavaScript.

5K 10K 25K 50K 100K

5K

One-step simulated evaluation · 80% funded split

$20 one-time fee

$150 standard overall loss budget

Risk & eligibility

10% realized profit AND 10% Qualification Progress; max 2% counts per UTC day, days below 0.25% count zero. At least five qualifying days. 3% daily trailing equity / 3% static overall. No time limit; 30-day inactivity closure. Funding discretionary.

Payout schedule

If funded: 80% net realized profit, once balance is 10% above start; USDC on Arbitrum, balance resets. Independent payouts unverified.

10K

One-step simulated evaluation · 80% funded split

$40 one-time fee

$300 standard overall loss budget

Risk & eligibility

Payout schedule

If funded: 80% net realized profit, once balance is 10% above start; USDC on Arbitrum, balance resets. Independent payouts unverified.

25K

One-step simulated evaluation · 80% funded split

$100 one-time fee

$750 standard overall loss budget

Risk & eligibility

Payout schedule

If funded: 80% net realized profit, once balance is 10% above start; USDC on Arbitrum, balance resets. Independent payouts unverified.

50K

One-step simulated evaluation · 80% funded split

$200 one-time fee

$1500 standard overall loss budget

Risk & eligibility

Payout schedule

If funded: 80% net realized profit, once balance is 10% above start; USDC on Arbitrum, balance resets. Independent payouts unverified.

100K

One-step simulated evaluation · 80% funded split

$350 one-time fee

$3000 standard overall loss budget

Risk & eligibility

Payout schedule

If funded: 80% net realized profit, once balance is 10% above start; USDC on Arbitrum, balance resets. Independent payouts unverified.

03 / Know the boundaries

Read the risk, not just the price.

Complete published pricing and rules below. No plan hidden from initial HTML.

Evaluation rules

Profit target	10% actual net realized profit on closed positions
Qualification Progress	Also 10%. Each UTC day adds at most 2% of the starting balance
Small days	A day below 0.25% of the starting balance adds nothing
Minimum days	At least five qualifying UTC days, not necessarily in a row. No separate minimum trading days rule
Time limit	None. The evaluation closes after 30 days with no trade
Completion	All positions closed or resolved, then an integrity review
Bots and APIs	Only where L7's feature or account terms allow them

Drawdown rules

Daily limit	3% of the starting balance below the UTC day's highest equity
What counts	Server equity, including unrealized profit and loss
Reset	00:00 UTC, reseeded from current equity
$100K example	Equity peaks at $104,000 during the day, so the floor moves to $101,000
Overall limit	3% static from the starting balance. A $10,000 account fails at $9,700
Max DD+	Raises the evaluation's overall limit to 5%. Does not carry into a funded account

The daily rule is tighter than it looks. Open profit raises the floor, so a winning trade that gives back more than 3% of the starting balance within the same UTC day ends the evaluation, even if the account is still in profit.

Funding and payouts

After passing	Integrity review, then a Verified Pass and trading certificate
Funding checks	KYC, questionnaires, possible video or audio interview and risk review
Activation	L7 may approve, add conditions, defer or decline
Funded limits	Same 3% daily trailing and 3% static limits, no profit target
Profit split	80% of net realized profit
Payout trigger	Funded account at least 10% above its starting balance
Payout method	USDC on Arbitrum to a verified wallet
After a payout	Balance resets to the starting balance
Evidence	No PFR payout test or independent payout record

Markets, leverage and platform

Markets	Hyperliquid spot, Hyperliquid perpetuals and L7-approved high-volume Polymarket markets
Funded markets	May be fewer than in the evaluation
Leverage caps	10x BTC, ETH, SOL and major index perps; 8x crude, Brent, gold and silver; 25x FX perps; 4x equity perps; 2x others; spot unleveraged
Leverage+	Doubles caps in the evaluation, never above the venue maximum
Platform	L7 web app
Trading costs	Not listed on the pages we checked

What is L7 Select?

L7 Select is a one-step crypto prop evaluation run by L7 Holdings Group Inc., a Delaware company based at 16192 Coastal Highway, Lewes. You pay a one-time fee, trade a simulated account, and if you pass the rules and L7's review, you can be offered a funded account with an 80% profit split paid in USDC.

Trading runs on Hyperliquid spot and perpetual markets, plus prediction markets on Polymarket that L7 approves. The perpetuals cover crypto, commodities, FX and equity contracts. A stock perpetual is a derivative contract; it does not give you the share.

Checked October 11, 2026. We read L7's program rules, terms, refund policy, restricted jurisdictions list, risk disclosure and support pages. We did not buy an account, place trades, test support, test the discount code or request a payout.

At a glance

Entry fee

$20

$5K evaluation, one-time

Profit target

10%

Max 2% counts per UTC day

Daily limit

Trailing, unrealized P&L counts

Overall limit

3% static

5% with Max DD+ in evaluation

Profit split

80%

Company terms

Payout asset

USDC

On Arbitrum

Our verdict

L7 Select is one of the cheapest ways to try a crypto evaluation, and its rules are written out in detail. The 3% static floor is simple. The 3% daily trailing limit is not, because it moves up with open profit.

The bigger questions sit after the evaluation. Funding is discretionary, the real money claim conflicts with the terms, and there is no outside payout record yet. Treat the fee as money you can lose, and wait for evidence before buying a large account.

Full reviewTrade-offs, questions & evidenceExpand full reviewCollapse full review

Pros and cons

Pros

One-time fees from $20
3% static overall floor is easy to calculate
No time limit to pass
Detailed public rules with worked examples

Cons and evidence gaps

3% daily trailing limit counts unrealized gains
Passing does not guarantee a funded account
Real-money marketing conflicts with notional, live or hybrid terms
No independent payout record yet

Evaluation pricing

$5,000

$20 one-time fee

$10,000

$40 one-time fee

$25,000

$100 one-time fee

$50,000

$200 one-time fee

$100,000

$350 one-time fee

Fee type	One-time, not a subscription
Add-ons	Max DD+ and Leverage+; prices shown only at checkout
Price status	Prices from L7's homepage, not checkout-tested

Real money claims versus the legal terms

L7's homepage says "Real Money, Not a Demo" and describes up to $100,000 of real money in the funded account. The terms of service say a funded offer may be a notional performance account, a live proprietary account or a hybrid. The evaluation itself is simulated, and its balance is not your money.

This review follows the legal text. Ask L7 in writing which account type you will get before you rely on the real money claim.

Eligibility, refunds and funding discretion

You must be 18 or older. L7's published baseline only blocks sanctioned places, including Cuba, Iran, North Korea, Syria, Crimea and the Donetsk and Luhansk regions. It says more restrictions can apply at onboarding, and funded accounts may have a narrower list. Check your country before paying.

Fees are non-refundable once an evaluation is provisioned, accessed or traded. Exceptions cover duplicate or unauthorized charges, non-delivery and some post-pass cases. If you pass but cannot be onboarded only because KYC fails for a non-misconduct reason, L7 may refund that one evaluation. A good-faith decision by L7 not to fund you does not give you a refund right.

Outside evidence and unverified claims

The homepage shows "Backed by BINANCE", "3000+ active traders", "$18k+ paid out today" and a 50 minute average payout time. We found no independent source for any of these, so treat them as marketing.

We found no Trustpilot or Reddit reviews of L7 Select on October 11, 2026. An empty record is not evidence of fraud or of reliability. Older brands called L7 Global and L7.TRADE use different domains and are not the same business as far as we can tell.

L7 Select discount code

PropFirmReviews has a code partnership with L7 Select. We may earn a commission when you buy with code FUNDED. Visit links on this page go straight to L7's own site; they are not tracking links. Code FUNDED was supplied to us as 10% off. We have not tested it at checkout. Check eligibility and final price before paying.

Partner code

FUNDED

Supplied as 10% off. Not checkout-tested.

Visit L7 Select

Sources and review limits

Official pages describe L7's rules; they are not proof of payout reliability. Rules and prices can change. Research checked October 11, 2026.

Check current terms before buying

Visit L7 Select

Original review introduction & disclosure

Home/Reviews/L7 Select

5.7out of 10Provisional score

L7 Select Review 2026

Visit L7 Select

Crypto perps and prediction markets · One-step evaluation · Provisional score 5.7/10 · Public-source review

Fees from $203% static overall floor3% daily trailing, open profit countsFunding at L7's discretion

Alternatives to L7 Select

Vest Markets

Compare configurable perpetual evaluations and static loss floors. Its real-capital claims also conflict with terms; payout reliability remains unverified.

Read Vest Markets review

HyroTrader

Compare crypto evaluation rules, costs and exchange setup before choosing.

Read HyroTrader review

Prediction firms

Compare approved market scope, funded activation and payout conditions; evaluation access is not guaranteed funded access.

Compare prediction market firms

Frequently asked questions

Is L7 Select real money?

The evaluation is simulated. L7's terms say a funded account may be notional, live or hybrid, even though the homepage says real money. Ask L7 in writing which you will get.

How fast can I pass?

No faster than five qualifying UTC days. Only 2% of the starting balance counts toward progress each day, and days under 0.25% count zero.

Does open profit affect the daily limit?

Yes. The daily floor trails the day's highest equity, unrealized profit included, so giving back more than 3% of the starting balance in one UTC day fails the account.

Am I guaranteed funding if I pass?

No. L7 runs an integrity review, KYC and possibly an interview, and can approve, defer or decline funded activation.

Can I trade stocks?

You can trade equity perpetual contracts on Hyperliquid at up to 4x. You do not own shares, so we do not list L7 Select as a stock prop firm.

Does code FUNDED work?

Code FUNDED was supplied to us as 10% off. We have not tested it at checkout, so confirm the final price before paying.

Can I get a refund?

Generally not once the evaluation is provisioned, accessed or traded. Limited exceptions apply, such as duplicate charges.

Low fees. Tight risk. Funding not guaranteed.

Best for

Avoid if

Check before buying.

Where it earns its score.

Provisional rating breakdown

Different plans. Different risk.

5K

Risk & eligibility

Payout schedule

10K

Risk & eligibility

Payout schedule

25K

Risk & eligibility

Payout schedule

50K

Risk & eligibility

Payout schedule

100K

Risk & eligibility

Payout schedule

Read the risk, not just the price.

Evaluation rules

Drawdown rules

Funding and payouts

Markets, leverage and platform

What is L7 Select?

At a glance

Our verdict

Pros and cons

Evaluation pricing

Real money claims versus the legal terms

Eligibility, refunds and funding discretion

Outside evidence and unverified claims

L7 Select discount code

Sources and review limits

Check current terms before buying

L7 Select Review 2026

Alternatives to L7 Select

Vest Markets

HyroTrader

Prediction firms

Related Reading

Frequently asked questions