Introduction to Lux Trading
Lux Trading Firm is a reputable prop trading firm that offers funded trading accounts for aspiring traders. With their unique program, traders have the opportunity to showcase their skills and trade responsibly without any time limits or pressure to generate quick profits. The firm provides fully funded trading accounts of up to $10,000,000 USD, allowing traders to trade with substantial capital. Lux Trading Firm follows a structured approach to evaluate traders, requiring them to demonstrate a winning strategy by earning a minimum of 6% profit and effectively managing risk by not exceeding a 6% loss. Traders can choose from a range of account types, including CFD, stocks, and crypto, and they have the potential to keep 75% of their profits. Lux Trading Firm offers world-class trading platforms, including Lux Trader and Lux Meta Trader 5, providing traders with advanced features and efficient trading experiences.
Pros
- ✓ Scale up to $10,000,000
- ✓ No Minimum Trading Days
- ✓ News trading allowed
- ✓ EAs Allowed
Cons
- ✗ News trading not allowed
- ✗ 2-Step evaluation only
| Firm Details | |
|---|---|
| Year Founded | 2020 |
| Maximum Balance | $10,000,000 |
| Tradeable Assets | Forex, Indices, Metals, Commodities, Stocks, Crypto |
| Challenge Type | Two-Step Evaluation |
| Trading Platforms | MT4 |
| Trading Hours | Holding Overnight, Holding Over Weekend, |
| Copy Trading | ❌ |
| News Trading | ✅ |
| EAs | ✅ |
| Trust Pilot Rating⭐ | 4.3 / 5.0 |
| Trust Pilot Reviews | 512 |
| Payment Types | Wire Transfer, Crypto, Credit Card, Wise |
Challenges Options
Lux Trading Firm offers aspiring traders the opportunity to become career traders by providing funded trading accounts with a maximum value of up to $10,000,000 USD. The firm presents several challenges to its traders, focusing on demonstrating trading skills, profit generation, risk management, and account growth.
The challenges consist of multiple stages, each with specific profit targets and maximum loss limits. Traders are required to prove their ability to generate consistent profits by earning a specified percentage, usually 6%, within each stage. Additionally, they must showcase their risk management skills by ensuring that losses do not exceed a predetermined limit, typically 6%.
Successful participants are rewarded with a profit share, where they can keep 75% of their generated profits. As traders progress through the stages, their account size and profit targets increase, providing an opportunity for significant growth. Lux Trading Firm emphasizes that there are no time limits for achieving the profit targets, allowing traders to scale their accounts at their own pace.
By offering these challenges, Lux Trading Firm aims to identify and support talented traders who can responsibly trade their funded accounts and potentially become fund managers in the future.
| Two Step Rules | |
|---|---|
| Profit Target Step 1 | 6% |
| Profit Target Step 2 | 4% |
| Max Daily Loss | ❌ |
| Max Daily Drawdown | ❌ |
| Max Loss | ❌ |
| Max Drawdown | 5% |
| Min Trading Days Step 1 | 29 |
| Min Trading Days Step 2 | 29 |
| Max Trading Days Step 1 | ❌ |
| Max Trading Days Step 2 | ❌ |
| Profit Split | 75% |
Challenge Pricing
| Account Size | Price (Standard) | 2 Step |
|---|---|---|
| $50,000 | ❌ | $325 |
| $200,000 | ❌ | $650 |
| $1,000,000 | ❌ | $1630 |
Lux Trading Firm stands as a beacon in the funded trading realm. With cutting-edge technology, steadfast support, and an unwavering commitment to trader success, it provides access to diverse markets and competitive leverage, laying the groundwork for substantial growth and exploration within the trading sphere.
What sets Lux Trading Firm apart is its personalized approach. Offering tailored mentorship, comprehensive educational resources, and robust risk management strategies, it focuses on nurturing individual trader potential and fostering continuous progress.
Choose Lux Trading Firm to embark on an enriching and transformative trading journey. Align with a platform dedicated to fueling your ambitions and equipped with the necessary tools and expertise to thrive in the dynamic financial markets.
Count on Lux Trading Firm as your guiding force, steering you toward exceptional milestones and transforming your trading aspirations into tangible achievements in the funded trading domain.
Introduction To Lux Trading Funded Trading Program:
Lux Trading Funded Trading Program offers a program that aims to provide aspiring traders with an opportunity to showcase their skills and access fully funded trading accounts. In this review, we will explore the features, benefits, and overall credibility of Lux Trading Firm’s program.
Program Structure and Trading Rules:
Lux Trading Firm’s funded trading program follows a structured approach with clearly defined stages. Traders start with an evaluation (demo) account and progress through multiple stages as they demonstrate consistent profitability and risk management. The program emphasizes responsible trading and requires traders to adhere to specific profit targets and maximum loss limits.
Account Sizes and Growth Potential:
Lux Trading Firm offers different account sizes, ranging from $25,000 to $200,000, each with its own profit targets and maximum loss limits. Traders have the opportunity to scale their accounts up to an impressive $10,000,000 in multiple stages. The program allows for steady growth and provides an incentive by allowing traders to keep 75% of their profits.
Real Money Trading:
One notable aspect of Lux Trading Firm’s program is its commitment to trading with real money. Unlike some prop firms that rely on demo trading, Lux Trading Firm exclusively trades with real capital. This approach ensures that traders experience the challenges and rewards of trading with actual funds, enhancing their learning and skill development.
Lux Trading Funded Trading Program’s Platform and Liquidity:
Lux Trading Firm utilizes the Meta Trader 4 (MT4) platform, a widely recognized and trusted trading platform in the industry. This platform offers stability, functionality, and a range of features that cater to both novice and experienced traders. Lux Trading Firm’s partnership with Global Prime, an Australian regulated A-book broker, ensures access to reputable liquidity providers, enhancing trade execution and market access.
Flexible Time Limits and No Pressure:
Lux Trading Firm distinguishes itself by providing traders with flexibility and removing time constraints. Traders can progress through the stages at their own pace, allowing them to trade responsibly and make well-informed decisions without feeling rushed or pressured. This approach fosters a supportive trading environment conducive to long-term success.
Transparency and Credibility:
Lux Trading Firm emphasizes transparency by providing extensive information about its program, including detailed trading rules, account sizes, profit targets, and maximum loss limits. The firm’s website showcases videos and testimonials that demonstrate real-money trading, further bolstering its credibility. Additionally, Lux Trading Firm’s partnership with Global Prime, a regulated broker, adds an extra layer of trust.
Lux Trading Funded Trading Program – Conclusion:
Lux Trading Firm’s funded trading program offers a comprehensive and structured pathway for traders to develop their skills and access fully funded trading accounts. With a focus on responsible trading, real-money trading, flexibility, and transparency, Lux Trading Firm stands as a reputable option for individuals seeking a supportive environment to grow as traders.
