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Lux Trading Firm: Reviews And In-Depth Analysis

Lux Trading Firm is a prop trading firm located in the UK.

In this article, you’ll get a review of this prop firm, including analysis and instructions to get funded with an account from Lux Trading Firm.

Here’s what you’re going to learn:

What Is The Lux Trading Firm?

Lux Trading Firm is a prop firm located in London, UK. It was founded in 2020 so it already has some experience funding traders.

What Can You Trade With Lux Trading Firm?

Lux Trading Firm is a prop firm that funds traders to trade Forex and other CFDs trading assets.

Here’s a list of all of the instruments:

  • Forex: Major and minor currency pairs
  • Indices
  • Commodities
  • Metals
  • Cryptocurrencies
  • Stocks

What Are The Lux Trading Firm Account Sizes?

Lux Trading Firm funds traders with account balances that go from $25,000 up to $200,000. These accounts can be scaled up to $10,000,000 as you keep having good results trading.

To get access to a funded account you need to pass a 2-phase evaluation process.

The prices of the products are different according to the account size that you are applying to. The prices of the smaller funded account start at £149 and go up to £599 for the bigger account.

What Is The Lux Trading Firm Leverage?

The leverage provided by the prop firm depends on the symbol that you are trading. Here’s the list of leverage by symbol:

  • Forex: 1:10 to 1:30
  • Indices: 1:5 to 1:10
  • Commodities: 1:5 to 1:10
  • Metals: 1:5 to 1:10
  • Stocks: 1:5
  • Crypto: 1:5

How Much Is The Lux Trading Firm Payout?

The profit split is 75% for all programs.

There are other prop firms with higher payouts, but we can say that this is pretty much the industry standard.

Lux Trading Firm Link

Lux Trading Firm Reviews

According to Trustpilot, Lux Trading Firm is classified as excellent. It’s scoring 4.5/5.0 after 409 reviews from users.

The Evaluation

To pass the evaluation and get funded with a professional account you need to pass 2 stages. In these stages, you must achieve a minimum profit without exceeding a maximum loss.

Here are all the details:

Phase 1

  • Minimum days to trade: 29 days
  • Challenge duration: No maximum
  • Maximum relative drawdown: 5%
  • Profit target: 6%

Phase 2

  • Minimum days to trade: 29 days
  • Challenge duration: No maximum
  • Maximum relative drawdown: 5%
  • Profit target: 4%

Lux Trading Firm EAs (Expert Advisors)

If you like to use EAs to trade, Lux Trading Firm is a great prop firm for you. They allow EAs although it must be your own EA. EAs developed by third parties are prohibited.

Lux Trading Firm Free Trial

Lux Trading Firm offers a 7-day free trial. Please use the link below to get it.

Lux Trading Firm Free Trial

Lux Trading Firm Free Repeat

Lux Trading Firm doesn’t provides free repeats.

Lux Trading Firm Platforms

Lux Trading Firm gives you access to the most popular trading platforms used by Forex brokers.

You can use:

  • MetaTrader 4
  • TradingView
  • Trader Evolution

Lux Trading Firm Trading Hours

Holding trades overnight is allowed on all programs. You can have your positions open for as long as you want according to your own trading style.

The same applies to holding trades over the weekend. Just be careful with daily and weekend gaps.

Lux Trading Firm News Trading

There are no restrictions on news trading. You just need to be careful with the volatility, but if you’re like me, those are the best times of the day to trade. Just don’t exceed your maximum safe lot size and manage your trades properly.

Is Lux Trading Firm Legit?

Yes, Lux Trading Firm is a legit company.

Here are the contacts to reach them:

  • Email: info@luxtradingfirm.com
  • Address: 128 City Road, London EC1V 2NX, United Kingdom
  • Phone: +44 20 7193 9534

You can also contact them through the live chat on their website.

Lux Trading Firm Alternatives

Here’s the list of the best Lux Trading Firm alternatives:

For more alternatives check our alternative prop firm tool:

Get Alternatives To Any Prop Firm

Recap

  • Lux Trading Firm is a prop trading firm based in the UK.
  • You can get a funded account with up to $200,000 in balance and a 75% profit split payout.
  • To get access to a funded account you have to pass a two-phase challenge program.
  • You can trade Forex and other CFDs like Indices, Commodities, Metals, Stocks, and Cryptocurrencies.
  • The popular MT4 and TradingView platforms are available to trade.

Learn More

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Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

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