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FundedNext vs Lux Trading Firm – Full Comparison

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FundedNext

Lux Trading Firm

In this article, we’ll be comparing two prop firms, FundedNext and Lux Trading Firm.

Let’s look at all details.

Prop Firms General Details

In this first table, we compare the year where each prop firm was founded, where their offices are located, and how much balance you can get to trade after scaling (when applicable).

Prop Firm Details FundedNext Lux Trading Firm
Year Founded 2022 2020
Offices Location Ajman, UAE London, UK
Maximum Balance $4,000,000 $10,000,000
Keep First Profits Registration Fee + 15% Evaluation Profits Challenge Fee

Instruments

Here’s a list of all instruments supported by FundedNext and Lux Trading Firm. I divided the list into two parts to show CFDs products and Futures products.

Instruments CFDs FundedNext Lux Trading Firm
Forex
Indices
Metals
Commodities
Stocks
Crypto
Instruments Futures FundedNext Lux Trading Firm
Equity Futures
Foreign Exchange Futures
Agricultural Futures
Energy Futures
Interest Rate Futures
Metals Futures
Crypto Futures
Bonds Futures
Instruments Crypto (non-CFDs) FundedNext Lux Trading Firm
Crypto Spot
Crypto Futures
Crypto Options

Funding Program Types

Prop firms have different program types to achieve a funded account.

Here’s the resume and comparison of the FundedNext and Lux Trading Firm different program types.

Prop Firm Programs FundedNext Lux Trading Firm
One-Step Evaluation
Two Step Evaluation
Instant Funding

Instant Funding Comparison

Instant funding programs give you access to a funded account immediately without needing to pass any challenge.

Instant Funding Rules FundedNextLux Trading Firm
Profit Target
Max Daily Loss
Max Daily Drawdown
Max Loss
Max Drawdown
Minimum Trading Days
Maximum Trading Days
Profit Split

One-Step Program Comparison

One-Step programs are programs that require a single challenge to be passed. As soon as you pass the challenge, achieving the required targets without breaking any rules, you’ll be rewarded with a funded account to trade.

Here’s the comparison table for the FundedNext and Lux Trading Firm prop firms.

One Step Rules FundedNextFundedNextLux Trading Firm
Program Name ExpressStellar 1-StepSpecial Account
Profit Target 25%10%15%
Max Daily Loss 5%5%
Max Daily Drawdown
Max Loss 10%6%
Max Drawdown 6%
Minimum Trading Days 10229
Maximum Trading Days
Profit Split 60%, up to 90%90%75%

Two-Step Program Comparison

Two-Step programs require that you pass two different challenges before getting funded. Usually, each phase or each challenge has different targets and rules.

Here’s the comparison for FundedNext and Lux Trading Firm.

Two Step Rules FundedNextFundedNextFundedNextLux Trading Firm
Program Name EvaluationStellar 2-StepStellar LiteEvaluation
Profit Target Step 1 10%8%8%6%
Profit Target Step 2 5%5%4%4%
Max Daily Loss 5%5%4%
Max Daily Drawdown
Max Loss 10%10%8%
Max Drawdown 6%
Min Trading Days Step 1 55529
Min Trading Days Step 2 555
Max Trading Days Step 1 20
Max Trading Days Step 2 40
Profit Split 80%, up to 90%80%, up to 90%80%, up to 90%75%

Trustpilot Reviews

Trustpilot is a reputable platform when it comes to reviewing products and services.

Here is the rating that FundedNext and Lux Trading Firm have on Trustpilot.

Trustpilot Stats FundedNext Lux Trading Firm
Stars
Trustpilot Rating 4.8/5.0 4.1/5.0
Number of Reviews 3,923 406

Free Stuff

Being able to test a prop firm before we commit and purchase is a good thing. We can get used to their trading platform, and understand spreads, commissions, and rules.

Some proprietary firms also offer free repeats in some circumstances, and also free resets, to be able to reset our account before the challenge period is over, in case things are not going as we wanted.

Here’s the comparison for FundedNext and Lux Trading Firm prop firms.

Free Stuff FundedNext Lux Trading Firm
Free Trial
Free Repeat
Free Reset

Trading Styles

Some prop firms may be better for you than others depending on your trading style. In this table, you can see the comparison between the trading styles allowed by FundedNext and Lux Trading Firm prop firms.

Trading Styles FundedNext Lux Trading Firm
Scalping
Day Trading
Swing Trading
Copy Trading
News Trading
EAs/Bots/Algos Trading
Arbitrage Trading
HFT Trading

Trading Hours

Although most proprietary firms are more oriented to day trading, some allow holding positions overnight and even on weekends.

Here’s what is allowed by FundedNext and Lux Trading Firm.

Trading Hours FundedNext Lux Trading Firm
Holding Overnight
Holding Over Weekend

Trading Platforms

We all like to use the trading platform that we are used to. For this reason, prop firms support different trading platforms.

Here’s an extensive list of the platforms supported by FundedNext and Lux Trading Firm.

Supported Platforms FundedNext Lux Trading Firm
MT4
MT5
cTrader
TradingView
MatchTrader
DXtrade
Proprietary
Web
NinjaTrader
Tradovate
Rithmic
TigerTrade
OptimusFlow
InsideEdge Trader
Volfix
ATAS
Overcharts
Medved Trader
Quantower
QST
ScalpTool
TSLAB
TradeNavigator
SierraChart
MultiCharts
Photon
MotiveWave
RInvestor
Bookmap X-Ray
T4
Jigsaw Daytradr
Edgeclear
Finamark
Agena Trader
QScalp
Track N Trade
eSignal
Collective2
Trader Evolution
EdgeProX

Leverage

The leverage provided by the prop firm may be an important factor when choosing it. This is especially true for day trading or scalping, where the position size is usually significantly bigger than for swing trading.

Here’s a comparison of the leverage provided by FundedNext and Lux Trading Firm prop firms.

Leverage CFDs FundedNextFundedNextFundedNextFundedNextFundedNextLux Trading Firm
Program Name EvaluationExpressStellar 1-StepStellar 2-StepStellar LiteAll
Forex 1:1001:1001:301:1001:1001:30
Indices 1:501:501:51:201:151:30
Metals 1:501:501:101:401:251:30
Commodities 1:501:501:101:401:251:30
Stocks 1:5
Crypto 1:21:21:21:21:21:5
Leverage Futures FundedNextFundedNextFundedNextFundedNextFundedNextLux Trading Firm
Program Name EvaluationExpressStellar 1-StepStellar 2-StepStellar LiteAll
Futures
Crypto (non-CFDs) FundedNextFundedNextFundedNextFundedNextFundedNextLux Trading Firm
Program Name EvaluationExpressStellar 1-StepStellar 2-StepStellar LiteAll
Crypto

Payments

Proprietary firms have several ways of payment.

Here’s a table with the comparison between the payment methods accepted by FundedNext and Lux Trading Firm.

Payment Types FundedNext Lux Trading Firm
Wire Transfer
Paypal
Neteller
Skrill
Crypto
Credit Card
Google Pay
Payoneer
Coinbase
Binance
Revolut
Wise
Deel Card
Nuvei
Checkout.com
Confirmo
Perfect Money
PayRetailers
Paysera

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