Lux Trading Firm is a forex proprietary trading company headquartered in London, UK, founded in 2020. It specializes in offering traders a variety of financial instruments and professional fund management services.

Lux Trading Firm primarily provides diversified investment products including forex, stock indices, precious metals, commodities, stocks, and cryptocurrencies.

Key Features

• Maximum account balance: $10,000,000.
• Profit split: 75%.
• Cost: Starting from £299.
• Trading platforms: MetaTrader 5 and TradingView.

Pros & Cons

Pros

• Offers a free trial period for clients to experience the evaluation process at no cost.
• Once funded, clients trade with real accounts rather than simulations.
• Account funds can grow up to $10,000,000 over 3 stages.
• Provides access to over 2,000 stocks and other diversified trading instruments.
• Refunds evaluation fees with initial profits.

Cons

• Profit split of 75% could be higher.
• Restrictions on copy trading and other limitations.

Evaluation Process at Lux Trading Firm

Lux Trading Firm uses a two-stage evaluation process to ensure clients possess professional trading capabilities, requiring them to achieve minimum profit targets while minimizing losses.

To qualify for a professional account through the evaluation, you need to pass two stages, during which you must achieve a minimum profit within a specified timeframe without exceeding the maximum loss.

Phase 1

• Minimum trading days: 29 days.
• Challenge duration: Unlimited.
• Maximum relative drawdown: 6%.
• Profit target: 6%.

Phase 2

• Minimum trading days: No minimum requirement.
• Challenge duration: Unlimited.
• Maximum relative drawdown: 6%.
• Profit target: 4%.

Special Account

When applying for the $1,000,000 special account, the evaluation process is shorter. You only need to pass a single stage.

During this stage, you must achieve the minimum profit target without exceeding the maximum loss.

• Minimum trading days: 29 days.
• Challenge duration: Unlimited.
• Maximum relative drawdown: 6%.
• Profit target: 15%.

Expert Advisors (EA)

Lux Trading Firm allows trading with Expert Advisors (EAs), provided they are proprietary. Third-party developed EAs are prohibited. The company offers a 7-day free trial but does not provide free repeat challenges.

Trading Platforms and Hours

Lux Trading Firm supports popular trading platforms like MetaTrader 5 and TradingView, accommodating various trading styles.

Clients can hold positions overnight and over weekends, adjusting trading strategies according to personal preferences and market conditions.

Lux Trading Firm does not impose special restrictions on news trading but advises caution during volatile market periods.

Lux Trading Firm offers diversified investment opportunities and professional account management services, making it an ideal platform for traders seeking efficient profitability. For more details, visit the Lux Trading Firm official website or contact their customer service team.