With the rapid construction of the low-earth-orbit (LEO) constellation, LEO Enhanced Global Navigation Satellite System (LeGNSS) has become a hotspot in the research of GNSS applications and services, especially for fast convergence of precise point positioning (PPP). In this study, we analyze the impact of LEO satellites on the spatial geometry based on simulated LEO and real GNSS data, and evaluate the LeGNSS PPP performance with ionosphere-free (IF), undifferenced and uncombined (UDUC), and ionosphere-weighted (IW) models. Eight Multi-GNSS Experiment (MGEX) stations are selected for static and kinematic experiments. Results show that Position Dilution of Precision (PDOP) values of LeGNSS are about 0.5–1.2, which are improved by 38 % and 22 % compared with GPS-only and combined GPS, Galileo, and BDS (G\\E\\C) solutions. With LEO satellites, the positioning accuracy in east (E), north (N), and up (U) directions are improved by about 50 %, 30 %, and 50 % for the static mode, and about 35 %, 30 %, and 67 % for the kinematic mode. Moreover, the positioning accuracies of the IF, UDUC, and IW models are comparable. For convergence time, the static and kinematic results with LEO satellites are about 1.1 and 1.3 min, respectively, while those without LEO satellites are longer than 10.0 min. In addition, the model with inter-system bias (ISB) constraints can reduce the convergence time by within 1.0 min.