Lux Trading Firm – Important Broker News!

Lux Trading Firm has important news to share about their Broker. First of all, Lux Trading Firm is returning to its old broker, Global Prime. The second news is that they are partnering with Ox Securities as their second broker. The firm had recently announced that they were moving towards a New Broker, and they have shared why it never happened. After the broker initially separated, a part of the team they worked with separated into a new brokerage called After Prime. The firm has followed them since.

Unfortunately, the transition wasn’t as smooth as the brokers hoped and came with issues. A large prop trading firm like Lux, with many traders trading live accounts and many traders in evaluation, needs a lot of support and resources to be able to provide excellent service to their clients. After long talks with After Prime, they have come to a mutual agreement that they will not be able to provide the resources and support that a large prop trading firm needs. Therefore, Lux Trading Firm will be better fitted to work with a different broker.

Lux Trading Firm Important Broker News

Lux Trading Firm has decided to return to a broker they had good relationships with, and therefore, they have decided to re-establish their partnership with Global Prime. And to make sure that we can always provide excellent service to their traders, they have also decided, for the first time, to work with a second broker. Lux Trading Firm shared that they still wanted to work with an Australian, well-regulated broker, so they chose Ox Securities, established in 2013. They have an excellent reputation, strong customer service, and the reliability and size that we need to keep providing excellent services to our clients.

Traders can be looking forward to a couple of exciting things this summer. The first one is the fact that the firm is going to have two brokers, therefore offering more choice and more reliability to you. After the broker split, After Prime retained the Trader Evolution platform, which was previously connected to the TradingView servers. Because of that, Global Prime is bringing on a new platform, cTrader, which will also connect to TradingView directly, allowing Lux Trading Firm traders to place their orders and trades directly on the TradingView charting platform, just as they were used to before. You can be looking forward to this autumn as well.

Another News by the Firm

The good news is that Global Prime will still provide them with the excellent MT4 platform, and they are working on bringing the MT5 platform sometime towards the end of the year, while Ox Securities will have the MT5 platform ready for them from day one.

And at the end, the firm also shared a small update on how the development of the The Lux Trader platform is going. The biggest thing that they are working on right now is just making sure that the liquidity providers have their data feeds connected correctly.

That is not all. There is a live demonstration of how the platform will be, so take a look:

About the Firm

Lux Trading Firm is a proprietary firm with one of the offices based in London and the other in Slovakia, Bratislava. They offer their traders up to $10,000,000 account balances in size.

• Fast email support
• No time limit on the profit target
• Weekend holding allowed

For more details, read the Review or use our discount code (forexpropreviews) for a 5% discount!