Lux Trading Firm Review (5% discount code: forexpropreviews)
4.3

Lux Trading Firm Review (5% discount code: forexpropreviews)

Lux Trading Firm is one of the leading proprietary firms with an office based in London and Slovakia, Bratislava. They specialize in supporting experienced prop traders and commit to helping them excel by providing the necessary tools and the capital they need to compete in the unpredictable market conditions.
Home » Lux Trading Firm Review (5% discount code: forexpropreviews)
Pros
  • Great Trustpilot Rating of 4.1/5
  • Two Unique Funding Programs
  • Free Trial
  • Professional Trader Dashboard
  • Scaling Plan
  • Profit Share of 75%
  • Overnight & Weekend Holding Allowed
  • News Trading Allowed
Cons
  • Low Leverage up to 1:30
  • Mandatory Stop-loss
  • Minimum Trading Day Requirements of 29 Days (15 Days for Swing Traders)
  • Trailing Maximum Drawdown

Lux Trading Firm encourages traders by enabling them to earn higher profits by managing significant amounts of capital. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $1,000,000 and receive 75% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, stocks, and futures.

Who are Lux Trading Firm?

Lux Trading Firm is a proprietary trading firm with the legal name Lux Trading Firm Ltd that was incorporated on the 27th of January 2021. They are located in London, UK, as well as in Dubai, United Arab Emirates. Lux Trading Firm provides traders with the opportunity to choose between two account types, a one-step evaluation, and a two-step evaluation while developing their own The Lux Broker brokerage.

Lux Trading Firm’s headquarters are located at 128 City Road, London EC1V 2NX, United Kingdom.

Video Review

Funding Program Options

Lux Trading Firm provides its traders with two unique funding program options:

  • Two-step Evaluation
  • One-step Evaluation

Two-step Evaluation

Lux Trading Firm’s Two-step Evaluation provides traders with the opportunity to manage account sizes ranging from $50,000 up to $200,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The Two-step Evaluation allows you to trade with up to 1:30 leverage.

Account SizePrice
$50,000£299
$200,000£599

Evaluation phase one requires a trader to reach a profit target of 6% while not surpassing their 6% maximum trailing loss rule. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to trade a minimum of 29 trading days (15 calendar days for swing traders) in order to proceed to phase two. After completing the first evaluation phase, you are also eligible for a 50% refund of your initial one-time fee.

Evaluation phase two requires a trader to reach a profit target of 4% while not surpassing their 5% maximum trailing loss rule. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to funded status, you are only required to reach the 4% profit target without breaching the maximum trailing loss limit rule. After completing the second evaluation phase, you are also eligible for a second 50% refund of your initial one-time fee.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 6% maximum trailing loss rule. Your first payout is 30 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted monthly. Your profit split will be 75% based on the profit you make on your funded account.

Two-step Evaluation Scaling Plan

The Two-step Evaluation also has a scaling plan. If a trader manages to reach a 10% profit target, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits.

Scaling Plan – $50,000 Account
Scaling Plan – $200,000 Account

Two-step Evaluation Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 6%, whereas Phase 2 requires reaching a profit target of 4%. Funded accounts do not have any specified profit targets.
  • Maximum Trailing Loss – The difference between the highest achieved account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is allowed to lose without breaching the account. All account sizes have a maximum trailing loss of 6%.
  • Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. Evaluation phase one has a 29 minimum trading day requirement (15 calendar days for swing traders), while evaluation phase two has no minimum trading day requirements.
  • Stop-loss Required – Before initiating a trade, it is mandatory for the trader to place a stop-loss on each position. The minimum stop-loss distance for each trading instrument is displayed within the following Document.
  • No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.
  • Consistency Rule – Mandates traders to maintain uniformity in various aspects such as position sizes, risk management, losses, gains, and more. This implies that the account results should not exhibit significant variations in their characteristics. You should be consistent with your risk size per trade while trading in the evaluation stage. In cases of multiple trades, the total risk must also be the same.

One-step Evaluation

Lux Trading Firm’s One-step Evaluation provides traders with the opportunity to manage account sizes of $1,000,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The One-step Evaluation allows you to trade with up to 1:30 leverage.

Account SizePrice
$1,000,000£1,499

The evaluation phase requires a trader to reach a profit target of 15% while not surpassing their 6% maximum trailing loss rule. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to trade a minimum of 29 trading days (15 calendar days for swing traders) in order to proceed to funded status.

By completing the evaluation phase, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 6% maximum trailing loss rule. Your first payout is 30 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted monthly. Your profit split will be 75% based on the profit you make on your funded account.

One-step Evaluation Scaling Plan

The One-step Evaluation also has a scaling plan. If a trader manages to reach a 10% profit target, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits.

Scaling Plan – $1,000,000 Account

One-step Evaluation Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 15%. Funded accounts do not have any specified profit targets.
  • Maximum Trailing Loss – The difference between the highest achieved account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is allowed to lose without breaching the account. All account sizes have a maximum trailing loss of 6%.
  • Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. The evaluation phase has a 29 minimum trading day requirement (15 calendar days for swing traders).
  • Stop-loss Required – Before initiating a trade, it is mandatory for the trader to place a stop-loss on each position. The minimum stop-loss distance for each trading instrument is displayed within the following Document.
  • No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.
  • Consistency Rule – Mandates traders to maintain uniformity in various aspects such as position sizes, risk management, losses, gains, and more. This implies that the account results should not exhibit significant variations in their characteristics. You should be consistent with your risk size per trade while trading in the evaluation stage. In cases of multiple trades, the total risk must also be the same.

What Makes Lux Trading Firm Different From Other Prop Firms?

Lux Trading Firm differs from most industry-leading prop firms due to offering two unique account types: a one-step evaluation and a two-step evaluation. In addition, they also provide numerous favorable features, such as an unlimited trading period, no minimum trading day requirements (Phase two of Two-step Evaluation), no maximum daily drawdown rule, a scaling plan up to $10,000,000, and account sizes up to $1,000,000 (One-step Evaluation).

Lux Trading Firm’s Two-step Evaluation is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 6% in phase one and 4% in phase two, with a 6% maximum trailing loss rule. You also have no maximum trading day requirements during either evaluation phase. However, you are required to trade a minimum of 29 trading days (15 calendar days for swing traders) in phase one, while there are no minimum trading day requirements in phase two. The Two-step Evaluation also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Two-step Evaluation stands out mainly for having an unlimited trading period, no minimum trading day requirements in phase two, no maximum daily drawdown rule, and a scaling plan up to $10,000,000.

Example of comparison between Lux Trading Firm & Funding Pips

Trading ObjectivesLux Trading FirmFunding Pips
Phase 1 Profit Target6%8%
Phase 2 Profit Target4%5%
Maximum Daily Loss5% (Scaleable up to 7%)
Maximum Loss6% (Trailing)10% (Scaleable up to 14%)
Minimum Trading DaysPhase One: 29 Calendar Days
(Swing Traders: 15 Calendar Days)
Phase Two: No Minimum Trading Days
3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split75%80% up to 100% + Monthly Salary

Example of comparison between Lux Trading Firm & FundedNext

Trading ObjectivesLux Trading FirmFundedNext (Evaluation)
Phase 1 Profit Target6%10%
Phase 2 Profit Target4%5%
Maximum Daily Loss5%
Maximum Loss6% (Trailing)10%
Minimum Trading DaysPhase One: 29 Calendar Days
(Swing Traders: 15 Calendar Days)
Phase Two: No Minimum Trading Days
5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: 4 Weeks
Phase 2: 8 Weeks
Profit Split75%80% up to 90%

Example of comparison between Lux Trading Firm & E8 Markets

Trading ObjectivesLux Trading FirmE8 Markets
Phase 1 Profit Target6%8%
Phase 2 Profit Target4%4%
Maximum Daily Loss4%
Maximum Loss6% (Trailing)8% (Scaleable to 14%)
Minimum Trading DaysPhase One: 29 Calendar Days
(Swing Traders: 15 Calendar Days)
Phase Two: No Minimum Trading Days
No Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split75%80%

Lux Trading Firm’s One-step Evaluation is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 15%, with a 6% maximum trailing loss rule. You also have no maximum trading day requirements during the evaluation phase. However, you are required to trade a minimum of 29 trading days (15 calendar days for swing traders) during the evaluation phase. The One-step Evaluation also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the One-step Evaluation stands out mainly for having an unlimited trading period, no maximum daily drawdown rule, a scaling plan up to $10,000,000, and account sizes up to $1,000,000.

Example of comparison between Lux Trading Firm & PipFarm

Trading ObjectivesLux Trading FirmPipFarm (Trailing)
Profit Target15%12%
Maximum Daily Loss3%
Maximum Loss6% (Trailing)12% (Trailing)
Minimum Trading Days29 Calendar Days
(Swing Traders: 15 Calendar Days)
3 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split75%70% up to 95%

Example of comparison between Lux Trading Firm & MyFundedFX

Trading ObjectivesLux Trading FirmMyFundedFX
Profit Target15%10%
Maximum Daily Loss4% (Scaleable up to 6%)
Maximum Loss6% (Trailing)6% (Trailing)(Scaleable up to 12%)
Minimum Trading Days29 Calendar Days
(Swing Traders: 15 Calendar Days)
No Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split75%80% up to 92.75%

Example of comparison between Lux Trading Firm & The Funded Trader

Trading ObjectivesLux Trading FirmThe Funded Trader
Profit Target15%10%
Maximum Daily Loss3% (4% with Add-on)
Maximum Loss6% (Trailing)6% (Trailing)(7% with Add-on)
Minimum Trading Days29 Calendar Days
(Swing Traders: 15 Calendar Days)
No Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split75%80% up to 90%

In conclusion, Lux Trading Firm differs from other industry-leading prop firms by offering two unique account types: a one-step evaluation and a two-step evaluation. In addition, they also provide numerous favorable features, such as an unlimited trading period, no minimum trading day requirements (Phase two of Two-step Evaluation), no maximum daily drawdown rule, a scaling plan up to $10,000,000, and account sizes up to $1,000,000 (One-step Evaluation).

Is Getting Lux Trading Firm Capital Realistic?

It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.

  • Receiving capital from the Two-step Evaluation is realistic primarily due to its below-average profit targets (6% in phase one and 4% in phase two) coupled with average maximum loss rules (6% maximum trailing loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 29 calendar days (15 calendar days for swing traders) in phase one and no minimum trading day requirements in phase two. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 75%.
  • Receiving capital from the One-step Evaluation is realistic primarily due to its slightly above-average profit target of 15% coupled with the average maximum loss rule (6% maximum trailing loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 29 calendar days (15 calendar days for swing traders). Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 75%.

After considering all the factors, Lux Trading Firm is highly recommended since you have two unique funding programs to choose from, a one-step evaluation and a two-step evaluation, which both feature realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

Lux Trading Firm is a proprietary trading firm that was incorporated on the 27th of January, 2021. They have a large community of traders who have reached funded status and successfully qualify for a profit split.

While working with Lux Trading Firm and reaching funded status with the Two-step or One-step Evaluation, you will be eligible to receive your first payout after 30 calendar days. However, after your first payout, you will also be eligible to receive payouts if you exceed your initial account size every 30 calendar days. Your profit split will consist of a generous 75% based on the profit that you have generated on your funded account.

When it comes to Lux Trading Firm payment proof, you can find it on numerous websites. One example is Trustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof for Lux Trading Firm is their YouTube channel, where you can find numerous trader interviews of their most successful traders.

Examples of successful Trader Interviews can be seen below.

Which Broker Does Lux Trading Firm Use?

Lux Trading Firm doesn’t trade with any of the common broker brands. Instead, they have developed their own The Lux Broker.

As for trading platforms, while working with Lux Trading Firm, they allow you to trade on The Lux Trader or MetaTrader 5.

Trading Instruments

As mentioned above, Lux Trading Firm has developed The Lux Broker, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, stocks, and futures, with a leverage of up to 1:30, depending on the trading instrument that you are trading.

Forex Pairs

AUD/CADAUD/CHFAUD/JPYAUD/NOKAUD/NZDAUD/PLN
AUD/SEKAUD/SGDAUD/USDCAD/CHFCAD/JPYCHF/HUF
CHF/JPYCHF/NOKCHF/PLNCHF/SEKCHF/SGDEUR/AUD
EUR/CADEUR/CHFEUR/CZKEUR/DKKEUR/GBPEUR/HKD
EUR/HUFEUR/JPYEUR/MXNEUR/NOKEUR/NZDEUR/PLN
EUR/SEKEUR/SGDEZR/TRYEUR/USDEUR/ZARGBP/AUD
GBP/CADGBP/CHFGBP/DKKGBP/HUFGBP/JPYGBP/MXN
GBP/NOKGBP/NZDGBP/PLNGBP/SEKGBP/SGDGBP/TRY
GBP/USDGBP/ZARHKD/JPYNOK/JPYNOK/SEKNZD/CAD
NZD/CHFNZD/HUFNZD/JPYNZD/SGDNZD/USDPLN/JPY
SEK/JPYSGD/JPYUSD/CADUSD/CHFUSD/CNHUSD/CZK
USD/DKKUSD/HKDUSD/HUFUSD/ILSUSD/JPYUSD/MXN
USD/NOKUSD/PLNUSD/RUBUSD/SEKUSD/SGDUSD/THB
USD/TRYUSD/ZARZAR/JPY

Commodities

UKOilUSOilNGASXAG/AUDXAG/EUR
XAG/USDXAL/USDXAU/AUDXAU/EURXAU/USD
XPD/USDXPT/USD

Indices

AUS200CH50US30SPA35STOXX50
FR40GER40HKDJPN225NE25
US100RUS2000US500SWI20UK100

As mentioned above, Lux Trading Firm also allows you to trade a wide range of stocks and futures. To view the full list, please refer to the List of All Symbols.

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREXCommission Fees Vary
COMMODITIESCommission Fees Vary
INDICESCommission Fees Vary
STOCKSCommission Fees Vary
FUTURESCommission Fees Vary

Spread Account

To check the live spreads, log in to the trading account below.

PlatformServerLogin NumberPasswordDownload Platform
MetaTrader 5LuxTradingFirm-Server5500000ShowSpr3ad$Click here

Education

Lux Trading Firm provides its community with a detailed Blog with valuable educational articles.

Lux Trading Firm also offers a free trial option to its community, allowing members to familiarize themselves with its platform and trading rules while experiencing what it’s like to trade with the company.

Lastly, Lux Trading Firm also offers a modern trading dashboard to keep track of your trading progress, which can be extremely beneficial during evaluation stages as well as once you are managing a funded account.

Trustpilot Feedback

Lux Trading Firm has gathered a great score on Trustpilot based on their community’s feedback.

On Trustpilot, Lux Trading Firm has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.1 out of 5 from a substantial pool of 642 reviews. Notably, 78% of these reviews have awarded Lux Trading Firm the highest rating of 5 stars.

The first comment shows the client praising Lux Trading Firm’s MT5 platform as a bridge between traditional and futuristic trading. They express the platform’s richness with tools and cryptocurrencies, creating a unique experience that feels both rooted in the past and forward-looking toward the future.

The client shares a positive experience with Lux Trading Firm, highlighting their successful cash-out process and seamless payout. Despite initial nerves, the Lux team made the experience easy, and the funds were received faster than expected. They recommend Lux Trading Firm as a reliable platform that delivers on payouts.

Social Media Statistics

Lux Trading Firm can also be found on numerous social media platforms.

Facebook4,600 Followers & 3,400 Likes
Twitter2.241 Followers
Instagram3,647 Followers
YouTube6,380 Subscribers
Discord4,277 Members

Customer Support

Live Chat
Email[email protected]
[email protected]
[email protected]
PhoneMarketing & Sales: +44 (0)20 7167 8107
Management: +382 325 40312
Administration: +971 4 4070582
DiscordDiscord Link
FAQFAQ Link
Supported LanguagesEnglish

Account Opening Process

  • Registration Form – Register with Lux Trading Firm by filling out the registration form with your personal details and logging into the trading dashboard.
  • Choose Your Account – Choose your account type and account size.

Conclusion

In conclusion, Lux Trading Firm is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between two funding programs: the Two-step Evaluation, which is a two-step evaluation, and the One-step Evaluation, which is a one-step evaluation.

Lux Trading Firm’s Two-step Evaluation is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 75% profit splits. Traders must reach profit targets of 6% in phase one and 4% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 6% maximum trailing loss rule to follow. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 29 calendar days (15 calendar days for swing traders) in phase one, and no minimum trading day requirements in phase two. Finally, it’s essential to note that the Two-step Evaluation features a scaling plan, providing you with the opportunity to increase your initial account balance.

On the other hand, Lux Trading Firm’s One-step Evaluation is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 75% profit splits. Traders must reach a profit target of 15% to become successfully funded. These are realistic trading objectives, considering you have a 6% maximum trailing loss rule to follow. Regarding time limitations, you have no maximum trading day requirements during the evaluation phase. However, you are required to trade for a minimum of 29 calendar days (15 calendar days for swing traders). Finally, it’s essential to note that the One-step Evaluation features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend Lux Trading Firm to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with unique features, such as an unlimited trading period, no minimum trading day requirements (Phase two of Two-step Evaluation), a scaling plan up to $10,000,000, and account sizes up to $1,000,000 (One-step Evaluation). After considering everything Lux Trading Firm has to offer to traders worldwide, they can be considered an excellent choice for anyone who has a well-developed trading strategy and is looking to acquire profits slowly on a consistent basis.

Our detailed review of Lux Trading Firm was last updated on 09.09.2024 at 12:35 (CE(S)T).

What are your individual opinions on Lux Trading Firm and the services they offer? Do they align with the trading conditions and services you’ve been seeking?

Let us know if you enjoyed our detailed Lux Trading Firm review by commenting below!

Lux Trading Firm Review (5% discount code: forexpropreviews) Details

Trading Platforms
Deposit Methods
Withdrawal Methods
Account Size
Tradable instruments
Brokers
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Incorporation
Account size up to:
$1,000,000
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*Choose your account type and start trading
4.0
Fees
4.0
Trading Platforms
4.0
Deposit and withdrawal
5.0
Customer Support
4.3 Overall Rating

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