Lux Trading Firm Review
4.5

Lux Trading Firm Review

Lux Trading Firm is a forex prop firm with an attractive Two-step challenge. They offer up to $1,000,000 in funding to traders.

Lux Trading Firm is a forex prop firm with an attractive Two-step challenge. They offer up to $1,000,000 in funding to traders.

Pros
  • Offers a free trial with fast email support
  • No time limit on profit targets
  • No weekend holding allowed
  • It boasts an excellent Trustpilot rating of 4.4/5
  • The potential to scale up to 10 million USD
  • Generous profit share of 75%
Cons
  • Maintains a maximum relative drawdown and maximum loss limit of 4%
  • Offers low leverage options of 1:1, 1:5, and 1:10
  • Imposes high minimum trading day requirements
  • Limited to one segment of trading

What is a Lux Trading Firm?

logo of Lux Trading Firm

Lux Trading Firm is a privately held firm with offices in London and Bratislava, Slovakia. Traders are provided with the chance to handle account balances of up to $10,000,000. Lux Trading Firm Ltd is a UK company that is officially registered with the registration number 131609991. The company collaborates with the well-known Australian broker, After Prime.

Lux Trading Firm is dedicated to ensuring the success of its traders by offering them an opportunity to trade with significant account balances, thereby enhancing their career progression. 

Nevertheless, to qualify for funding, prospective traders must complete a distinctive two-stage screening procedure. After receiving funding, they are required to achieve particular profit targets to increase their account balance. Proficient traders are entitled to a 75% division of profits and a boost in their account balance.

Lux Trading Firm Ltd was officially established on January 27, 2021, and is currently registered at Kemp House, 160 City Road, EC1V 2NX, London, UK.

In addition, they possess another officially registered firm, Lux Trading Firm, located at Dunajska 8, Bratislava, Slovakia. The company’s name is Lux Trading Firm. The company was officially incorporated on February 12, 2020.

Lux Trading Firm Funding Programs and Challenges: Rules and Requirements 

Lux Trading Firm provides its traders with a selection of two distinct programs to select from:

  • Two-step evaluation program
  • One-step evaluation program

Two-step Evaluation Program Accounts

The assessment program implemented by Lux Trading Firm aims to identify and incentivize proficient traders who demonstrate consistency and skill. This program follows a unique two-phase evaluation approach. Traders in the evaluation program account can trade with a leverage of up to 1:10.

In the initial phase, referred to as the Evaluation stage, traders must reach a profit target of 6% while maintaining a maximum loss limit of 5%. In this stage, there are no precise time limitations for achieving the profit goal. 

However, it is obligatory to have a minimum trading duration of 29 calendar days (or 15 calendar days for swing traders) to advance to phase two. After completing the Evaluation stage, traders are entitled to a 50% reimbursement of their initial one-time charge.

Transitioning to the second phase, known as the Advanced stage, traders must achieve a profit target of 4% while adhering to a maximum loss restriction of 5%. Like the Evaluation stage, there are no defined time limits for reaching the profit goal in the Advanced stage. 

Traders must achieve the profit target without any infractions to progress to a live-funded account. Traders who complete the Advanced stage are also eligible for a second reimbursement of 50% of their initial one-time cost.

After completing the Evaluation and advanced levels, traders are awarded a live funded account known as the Professional account. This account allows for withdrawals without any profit objective criteria. Traders are required to comply with the guideline of limiting their losses to a maximum of 4%. 

The first payout is made 30 calendar days after placing the initial position on the funded account. Traders are entitled to receive 75% of the earnings generated as part of the profit split. Monthly disbursements are made for subsequent payouts, with a 75% profit division depending on the continuous profits generated from the financed account. Compliance with the 4% maximum loss regulation is crucial at all stages of the trading process.

Two-step Evaluation Program Account Scaling Plan

The two-step evaluation program has a scaling strategy that requires traders to reach a 10% profit objective to progress to the next level of account growth. Additionally, there is a maximum capital limit of $10,000,000 set for the program.

Growth Stage Account SizeProfit Target Maximum Loss Profit Share 
Evaluation (Demo) Acc25,0001,500 (6%)1,25050% Fee Refund
Advanced (Demo) Acc25,0001,000 (4%)1,25050% Fee Refund 
Professional (Live) Acc25,0002,5001,00075%
Professional (Live) Acc50,0005,0002,00075%
Professional (Live) Acc100,00010,0004,00075%
Professional (Live) Acc200,00020,0008,00075%
Professional (Live) Acc500,00050,00020,00075%
Professional (Live) Acc1,000,000100,00040,00075%
Expert (Live) Acc2,500,000250,000100,00075%
Fund Manager (Live) Acc10,000,000400,00075%

$50k Evaluation Account Scaling Plan

Growth Stage Account Size Profit Target Maximum LossProfit Share 
Evaluation (Demo) Acc50,0003,000 (6%)2,50050% Fee Refund 
Advanced (Demo) Acc50,0002,000 (4%)2,50050% Fee Refund 
Professional (Live) Acc50,0005,0002,00075%
Professional (Live) Acc1,000,00010,0004,00075%
Professional (Live) Acc2,000,00020,0008,00075%
Professional (Live) Acc5,000,00050,00020,00075%
Professional (Live) Acc1,000,000100,00040,00075%
Expert (Live) Acc2,500,000250,000100,00075%
Fund Manager (Live) Acc10,000,000400,00075%

$100k Evaluation Account Scaling Plan

Growth Stage Account Size Profit Target Maximum LossProfit Share 
Evaluation (Demo) Acc100,0003,000 (6%)2,50050% Fee Refund 
Advanced (Demo) Acc100,0002,000 (4%)2,50050% Fee Refund 
Professional (Live) Acc100,0005,0002,00075%
Professional (Live) Acc200,00010,0004,00075%
Professional (Live) Acc500,00020,0008,00075%
Professional (Live) Acc1,000,00050,00020,00075%
Expert (Live) Acc2,500,000250,000100,00075%
Fund Manager (Live) Acc10,000,000400,00075%

$200k Evaluation Account Scaling Plan

Growth Stage Account Size Profit Target Maximum LossProfit Share 
Evaluation (Demo) Acc100,0003,000 (6%)2,50050% Fee Refund 
Advanced (Demo) Acc100,0002,000 (4%)2,50050% Fee Refund 
Professional (Live) Acc100,0005,0002,00075%
Professional (Live) Acc200,00010,0004,00075%
Professional (Live) Acc500,00020,0008,00075%
Expert (Live) Acc2,500,000250,000100,00075%
Fund Manager (Live) Acc10,000,000400,00075%

The scaling plan for a $25,000 Evaluation account allows traders to engage in trading a range of products, such as forex pairs, commodities, indices, bonds, and shares, as part of the two-step evaluation program. 

The expansion plan enables traders to advance through various levels of capital based on their ability to achieve specific profit targets, so increasing their potential for growth within the program.

Two-step Evaluation Program Account Rules

  • Profit Target: It is the precise percentage of profit that traders must attain to complete an evaluation phase, extract earnings, or go to the next level by increasing the size of their account. The profit target for the assessment stage is established at 6%, whilst the advanced stage necessitates a profit target of 4%. Funded accounts are not subject to any specific profit objectives.
  • Maximum Loss: It refers to the upper limit of acceptable total loss that would result in an account being deemed in violation. Regardless of the account size, there is a uniform maximum loss restriction of 5%, which is decreased to 4% after the account is financed.
  • Minimum trading days: This refers to the minimal period during which traders are required to actively engage in trading before they can conclude an evaluation phase or make a withdrawal request. The assessment stage mandates a minimum trading day threshold of 29 days (15 calendar days for swing traders), while the advanced stage does not have any minimum trading day restrictions.
  • Stop-loss required: Traders are required to establish a stop-loss for each position before commencing a trade.
  • No martingale allowed: Martingale strategies are strictly forbidden for traders to use throughout their trading activity.
  • Third-Party EA Risk: Traders should be cognizant that if they opt to utilize an Expert Advisor (EA) obtained from an external source, there is a possibility that other individuals may already be employing the identical trading technique. Exceeding the maximum capital allocation regulation could potentially result in denial of funding or withdrawal.
  • Third-party copy trading risk: Traders should be aware that while utilizing third-party copy trading services, there is a possibility that other individuals may be adopting the same trading method via the service. Participating in third-party copy trading carries the potential risk of account denial or withdrawal refusal if the maximum capital allocation restriction is exceeded.
  • Only one segment of trading: Traders are constrained to engage in trading inside a single segment, such as forex, commodities, or indices, on their account, rather than across many segments.

One-step Evaluation Program Account

Lux Trading Firm is launching a novel account known as the one-step evaluation challenge. This account is specifically created to acknowledge and compensate traders who consistently demonstrate disciplined trading practices. The account is initially funded with a capital of $1,000,000 and traders can leverage their transactions at a ratio of 1:10.

To effectively accomplish the one-step evaluation challenge, traders must attain a profit target of 15%. They need to guarantee that they do not over the 5% threshold for maximum loss. 

There is no limit on the period to reach the profit aim. Nevertheless, traders are required to participate for a minimum of 29 calendar days (or 15 calendar days for swing traders) before advancing to the subsequent round.

Upon completion of the Evaluation step, traders will be awarded a live-funded account. Proficient traders will be granted entry to a funded account with a profit objective of 10%. Here, they are required to comply with the 4% maximum loss regulation. The first profit allocation is established at 75%, determined by the attainment of a 10% profit objective during the unconstrained trading phase on the funded account.

This framework guarantees that traders are acknowledged not just for their reliability but also given the chance to expand and generate profits within the Lux Trading Firm platform.

One-step Evaluation Program Account Scaling Plan

The one-step evaluation program includes a scaling plan for accounts. To advance the account to the next level of growth, customers must achieve a profit goal of 10%, with a maximum capital limit of $10,000,000.

One million dollars Single-step assessment of account expansion strategy

Growth StageAccount Size Profit Target Maximum LossProfit Share
Evaluation (Demo) Acc$1,000,000$150,000$50,000
Professional (Live) Acc$1,000,000$100,000$40,00075%
Professional (Live) Acc$2,500,000$250,000$100,00075%
Fund Manager (Live) Acc$10,000,000 plus$400,00075%

The trading products available for the one-step evaluation program accounts include FX pairings, commodities, indices, bonds, & shares.

One-step Evaluation Program Account Rules

  • Profit Target: This refers to a predetermined percentage of profit that traders must reach before completing an evaluation phase, withdrawing earnings, or adjusting the size of their account. The profit objective for the evaluation phase is established at 15%, whereas financed accounts additionally have a profit objective of 10%.
  • Maximum Loss: It refers to the upper limit of acceptable total loss that would result in a trader’s account being deemed in violation. Regardless of the account size, there is a uniform maximum loss restriction of 5%. However, after the account is financed, this limit is decreased to 4%.
  • Minimum Trading Days: This refers to the shortest period during which traders must actively engage in trading before they may finish an evaluation phase or make a withdrawal request. The evaluation stage requires a minimum trading period of 29 days (15 calendar days for swing traders).
  • Stop-Loss Required: Traders must establish a stop-loss for each position before commencing a transaction.
  • No Martingale Allowed: Martingale strategies are strictly prohibited for traders during trading activity.
  • Third-Party EA Risk: Traders should be aware that if they decide to utilize an Expert Advisor (EA), there is a possibility that other traders are already employing the same trading technique. Using a third-party EA increases the possibility of being refused a funded account or withdrawal if the maximum capital allocation rule is surpassed.
  • Risk of Third-Party Copy Trading: Traders should be mindful that when utilizing third-party copy trading services, there is a possibility that others may be adopting the identical trading method via the service. Participating in third-party copy trading involves the potential danger of having a funded account denied or being unable to withdraw funds if the maximum capital allocation regulation is exceeded.
  • Only One Segment of Trading: Traders are exclusively allowed to engage in trading activities inside the forex, commodities, or indices markets on the account. They are prohibited from trading across all segments of the account.

Lux Trading Firm Broker: Do They Use a Reliable Platform? 

When assessing proprietary trading businesses to match traders’ forex trading styles, it is essential to evaluate the feasibility of the trading requirements. Although a corporation may promote a tempting profit-sharing ratio on a well-funded account, the likelihood of attaining success decreases if it requires significant monthly percentage gains while allowing only a small maximum drawdown.

Acquiring funds via two-step evaluation programs is highly practical, mainly because of their comparatively moderate profit goals (6% in phase one and 5% in phase two), together with a maximum overall loss restriction of 5%. In addition, there are no limitations on the duration required to attain these objectives, enabling traders to steadily amass earnings without feeling compelled to expedite the process.

Obtaining capital through one-step evaluation programs is feasible due to their profit target of 15%, which is significantly higher than normal, while still maintaining a maximum overall loss limit of 5%. Like the two-step methods, there are no temporal limitations, allowing traders to amass profits at their preferred speed.

Considering these factors, Lux Trading Firm stands out as an outstanding option for obtaining money. The company provides two separate funding schemes, each with clear trading goals and criteria for qualifying for payouts, offering traders a balanced and achievable route to success.

Which broker does Lux Trading Firm use?

Lux Trading Firm employs Ox Securities as their broker, who provides them with Direct Market Access, along with a pool Liquidity Provider. There are two trading platforms available for traders to choose from. 

The Lux Trader trading platform utilizes a pool of Liquidity Providers to obtain Direct Market Access as the broker, while MetaTrader 5 relies on Ox Securities as the broker.

Lux Trading Firm Fees: How Much Do They Charge? 

Trading Commission:

Assets Fee Terms
Forex 4 USD/LOT
Commodities 0 USD/LOT
Indices 0 USD/LOT
Bonds 0 USD/LOT
Shares 0.02 USD per share per side

Lux Trading Firm Proof of Payment:

Lux Trading Firm is a reputable proprietary firm that was officially created on January 27, 2021. Therefore, the assertions of payment verification in the subsequent two evaluations on Trustpilot were posted by Richard C. and Jack Pichler.

Lux Trading Firm reviews

Lux Trading Firm Customer Support: 

Lux Trading Firm is also present on several social media platforms.

I. Facebook:

The Facebook page of Lux Trading Firm is characterized by its educational and captivating content, attracting a substantial following of 4.3K users. This webpage has a collection of seven uploaded films, which serve as a helpful resource for traders at any skill level. The page offers a graphic representation of Lux Trading Firm’s offerings, including instructional content and insights into the trading world.

Lux Trading Firm reviews on FB

II. Instagram:

The Instagram account of Lux Trading Firm is flourishing, boasting a total of 3,248 followers. This platform provides a visually immersive experience into the realm of trade, offering a distinct viewpoint on the company’s operations and accomplishments. It serves as a catalyst for traders’ creativity and a means of maintaining connectivity with the community.

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III. Twitter 

Lux Trading Firm has cultivated a community of 1,729 followers on Twitter. This platform functions as a dynamic environment for immediate updates, and news, including interactions with the trading community. Traders can get up-to-date information and participate in conversations with similar-minded persons by subscribing to their Twitter accounts.

Lux Trading Firm reviews on X

What Makes Lux Trading Firm Unique? 

Lux Trading Firm distinguishes itself from other prominent proprietary trading firms through the availability of two distinct financing programs: a novel two-step evaluation process & a $1 million one-step funding program, which includes the provision of actual funded accounts.

Lux Trading Firm’s two-step evaluation methodology stands out from other prop firms due to its unique two-phase structure. Traders must successfully navigate both steps to qualify for payments. The first phase establishes a profit objective of 6%, which is then followed by a second phase with a profit objective of 4%. 

Both phases are subject to a maximum loss limit of 5%. The Evaluation stage requires a minimum trading length of 29 calendar days (15 calendar days for swing traders), but the Advanced stage does not have a required minimum trading duration. 

Significantly, the two-step evaluation processes also include a scalability strategy. Lux Trading Firm sets itself apart by implementing comparatively modest profit goals in contrast to other prominent proprietary firms, and notably, there are no restrictions on the maximum duration of trades.

To do a comparative analysis, let’s examine the case of Lux Trading Firm against Funding Pips.

Trading Objectives Lux Trading Firms Funding Pips 
Phase 1 Profit Target6%8%
Phase 2 Profit Target4%5%
Maximum Daily LossNo Limit5%
Maximum Loss5%10%
Minimum Trading DaysEvaluation Stage: 29 Calendar Days(Swing Traders: 15 Calendar Days)No Minimum Trading Days
Maximum Trading PeriodPhase 1: UnlimitedPhase 2: UnlimitedPhase 1: UnlimitedPhase 2: Unlimited
Profit Split75%80% up to 90%

Lux Trading Firm’s one-step evaluation method stands out from other prop businesses as it is a single-part evaluation program, which necessitates traders to complete one phase to qualify for payments. The desired profit objective throughout the evaluation phase is set at 15% while adhering to a maximum loss limit of 5%. 

Individuals must also engage in trading for a minimum of 29 consecutive days (15 consecutive days for swing traders) during the Evaluation stage. One-step evaluation programs have a scaling plan. When compared to other top prop firms in the industry, they set a high-profit goal without imposing any restrictions on the trading duration.

To summarize, Lux Trading Firm distinguishes itself from other top prop businesses by providing two distinct funding schemes along with the opportunity for traders to access actual live-funded accounts. There are no restrictions on the length of time allowed to complete both the Evaluation along with Advanced stages of trading.

Lux Trading Firm Reviews: What Do Their Customers Say?

Lux Trading Firm has received a rating of 4.4 out of 5 stars on Trustpilot, based on feedback from 539 consumers. They have obtained verification as a company on Trustpilot. The company is thriving on this platform.

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#1. Andrew Spencer’s opinion asserts that Lux is equal to the combination of quality and innovation.

He was consistently amazed by Lux Trader’s refusal to become complacent. They consistently engage in innovation and continuously challenge limits. The new platform is a clear demonstration of that fact. It is apparent that they genuinely prioritize their clients and strive to provide the optimal trading experience.

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#2. According to NinaS, he stated that while comparing Lux’s dashboard to three other proprietary corporations he has tried, he found it to be the most transparent and useful. Unlike Tradovate, had no lag or slippage while placing trades straight on tradingview.

Deducted one star due to the occasionally brusque nature of the customer service’s delivery through chat. A trial is an excellent opportunity to assess the capabilities and effectiveness of a corporation. In general, He would highly suggest  Lux Trading Firm.

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#3. Ellas stated that in late May 2023, he inquired about stock trading and was informed that the platform would commence offering this service on June 14th, 2023. It did not occur.

#4. Michael Marshall expressed his intention to write another review because Lux is dissatisfied with his previous review, which criticized their unprofessional staff and inadequate backend assistance. Once again,  Lux Trading Firm is an inadequate proprietary trading organization. Their platform does not align with their advertised claims, which can be easily verified by independent testing. 

Furthermore, their conduct is highly unprofessional and impolite, as they like to shift blame onto the client when confronted with issues. Traders might find evidence in his recent post of their strong belief in their entitlement as they pursue the return on their investment. Avoid engaging with these individuals, particularly those from the United States… SurgeTrader is superior and located in the United States.

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Conclusion

In summary, Lux Trading Firm is a well-regarded proprietary trading organization that offers traders the choice between two funding programs: a unique two-step evaluation process and a $1 million one-step funding program.

 Traders at Lux Trading Firm are required to meet profit criteria of 6% in phase one and 4% in phase two to receive funding. These trading objectives are considered attainable, as there is a restriction in place that limits the maximum loss to 5%. These unique dual-phase assessment programs allow traders to earn 75% of their earnings, while also providing the chance to grow the account balance to a maximum of $10,000,000.

 Lux Trading Firm caters to experienced traders who possess advanced trading and risk management strategies. The platform has well-defined regulations that do not impose any maximum time limitations and require traders to meet relatively high minimum trading day standards to enhance their account growth. 

This signifies their desire to attract skilled and reliable merchants. After a comprehensive assessment of Lux Trading Firm’s products and services, it can be determined that they are an outstanding choice for individuals with a refined trading strategy who are looking to steadily and consistently accumulate profits.

Lux Trading Firm Review Details

Trading Platforms
Deposit Methods
Withdrawal Methods
Account Size
Account Currencies
Trading Programs
Incorporation

Account size up to:
$10,000,000
Profit Split Up to 75%
*Choose your account type and start trading

5.0
Fees
5.0
Trading Platforms
4.0
Deposit and Withdrawal
4.0
Customer Support
4.5 Overall Rating

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Lux Trading Firm Review
4.5/5
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