Overview

Founded in 2009 and based in London (UK), Lux Trading Firm is a renowned proprietary trading firm led by founders with more than 30 years of experience in the commodity, futures, and foreign exchange markets. The firm specializes in providing support to experienced prop traders. Their goal is to assist traders in achieving success and provide them with the resources and funding they need to succeed in an ever-evolving and disruptive market. They strive to identify trading and investment opportunities that will help expand their capital in the international financial scene. We will learn more about the platform in this Lux Trading Firm Review as you read along.

The team at Lux has a wealth of experience managing trading desks and taking calculated risks to generate above-average returns. Founded by asset managers with an extensive global financial network, they understand the unpredictability of the markets and have developed a set of rules and principles to ensure consistent success in trading.

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The Lux Career Trading Plan

Traders need support to consistently trade with proficiency and profitability, so the firm made the Lux Career Trading Plan. Unlike many proprietary trading firms, they believe that traders should grow as they become more proficient in their trades.

Once you have finished your evaluation account, Lux Trading Firm will fund the advanced account with the same amount as the evaluation account. Upon reaching the 4% profit target in the advanced account stage, Lux Trading Firm will fund a professional live account with the same amount as the advanced account. For 1-stage evaluation accounts, they will go directly to a funded live account.

The Fund Manager $10Mill stage can be achieved by all professional Account stages, including 25k, 50k, 100k, and 200k, as well as the $1MM Special Account. If the funded trader produces a 10% return on their trading, Lux Trading Firm will incrementally increase the account size from $25,000 to $50,000, $100,000, $200,000, $500,000, $1 million, $2.5 million, and ultimately to $10 million.

Profit Targets and Profit Share

At Lux Trading Firm, there are five distinct accounts available to choose from.

The targets for the Evaluation and Advanced Account stages are as follows:

  • $200,000 – the target is $12,000 and $8,000
  • $100,000 – the target is $6,000 and $4,000
  • $50,000 – the target is $3,000 and $2,000
  • $25,000 – the target is $1,500 and $1,000
  • $1MM Special Account – 1 Evaluation stage only – The target is $150,000

If a trader passes the Evaluation stage, they will be refunded 50% of the fees they paid. Upon successful completion of the advanced stage, they will receive the remaining 50% of the refund. Accounts with 1 stage evaluation are not eligible for this refund.

Once you have reached the Professional Account level, there is no time limit to reach a 10% profit target in order to advance to the next stage. The Lux Trading Firm will receive 25% of the profits, while the trader will receive 75%. At the Professional and higher levels of trading, traders may submit one withdrawal request per month. The request should be processed within 3-5 business days.

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The Fee Structure

You will have to pay a fee to enroll with Lux Trading Firm, which will give you access to its exclusive applications. These include MT4, Trading View, and Trader Evolution platforms, as well as a Trader dashboard with all your metrics and professional risk management account analysis.

Those who sign up after 10-10-2021 and successfully pass the Evaluation (Demo) Account stage will be eligible for a 50% refund of their enrollment fee (excluding any reset fees or Elite packages). Pay out the other half of the fee upon completion of the Advanced stage. This offer does not apply to 1 Stage evaluation accounts such as the Elite plan and the special $1MM account.

If you exceed the Max 4% Draw-down Limit, you will need to reset your trading account in order to remain eligible for funding. Your account will be reset to its starting balance regardless of your current balance. No other costs besides the enrollment fee apply.

Lux Trading Firm Review – Withdrawal Methods

  • A trader at Lux Trading Firm who has achieved Stage 3 or higher on the 25k, 50k, 100k, or 200k Accounts and generated a net profit compared to the High-Water Mark in the current month will receive a 75% profit share.
  • During the first weekend after the end of the month, they will calculate the profits for all Professional 25k, 50k, 100k, and 200k Accounts and pay them out during the following week.
  • Traders can receive payment through Direct Bank Transfer (UK, EU, and international), Wise-wallet, and Crypto.

The Lux Trader Platform Powered by TradingView

TradingView powers the Lux Trader with its superior charting tools, real-time market data, comprehensive analytics, and trading integrations. It is a popular platform used by over 50 million traders worldwide. The TradingView platform offers powerful and feature-rich capabilities that are perfect for even the most demanding users. It provides complete technical analysis and a next-generation web charting experience that surpasses desktop alternatives. They have engineered it with active traders in mind, featuring visual trading capabilities that enable quick action.

  • Live trading at its best – Execute trades on charts using drag-and-drop or access a responsive order panel.
  • Comprehensive watchlist – Organize and monitor all of the assets you are interested in with multiple watchlists and sorting capabilities.
  • Multi-layout display- You can have up to 16 charts with the same time frame in one layout, enabling you to do multiple timeframe analysis.
  • Depth of market (DOM) – Explore the market further by assessing the supply and demand levels.
  • Complete risk management – Create an efficient strategy for setting flexible entry, exit, and profit goals, or partially close a position.

Lux Trading Firm Trading Platform | MetaTrader 4

Lux Trading Firm has chosen to utilize the highly-regarded and well-known MT4 trading platform suite from our broker, Global Prime. Traders and brokers around the world have used this platform for years, indicating its reliability and effectiveness. You can be confident that you are utilizing a successful platform by using this platform. You can trade Forex, Indices, Metals, Energy (Commodities), Single Stock CFDs, and Cryptos. The liquidity provider is linked directly to the Lux Trader platform.

Elite Program for Elite Traders

If you want to be successful in the trading industry, the Elite Program is your best option. It provides all levels of traders with the same services and support that you would usually only receive when trading for a large bank or hedge fund. This program includes educational resources, mentorship, daily market analysis, live streams, workshops, a risk desk, analytics software, and much more.

It offers inexperienced, beginner, or advanced traders the opportunity to become professional career traders with $ 10 million + capital to trade within the Elite Trader’s Club. You will get educated, funded, and supported by a personal mentor with a live trading room, and up to $10million+ fund manager accounts. Gain access to our library of on-demand videos and explore videos in the General, How to Trade, and Mindset categories. Brush up on your trading knowledge and skills even when your favorite mentor is not streaming live.

Lux Trading Firm Review – Contacts

The Lux Trading Firm provides excellent customer support to its customers. Their customer service team is available 24/7 to answer any questions or concerns customers may have. They are highly knowledgeable and experienced in the services that the company provides. As well as expertise to help customers get the best outcome for their trading needs. They are also friendly and easy to talk to, making it easy for customers to get the help they need. With their commitment to customer service, customers can rest assured that they will receive the highest level of support available. You can reach them through:

  • email: info@luxtradingfirm.com
  • Phone: United Kingdom – +44 20 7193 9534 | Montenegro – +382 63 220335 | UAE – +971 4 4070582
  • Social Media Platforms

Lux Trading Firm Review – Conclusion

The Lux Trading Firm provides a unique opportunity for traders to trade with the firm’s capital and benefit from the advantages of a prop trading environment. Traders can be sure that their investments are safe and that their profits will be maximized with an experienced trading team and comprehensive risk management tools. The program also offers traders access to the latest research, trading strategies, and market insights. For those looking to take their trading to the next level, the Lux Trading Firm Prop Trading program is an excellent choice.

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