Lux Trading Firm

Who is Lux Trading Firm?

Lux Trading Firm is a well-known proprietary trading company with headquarters in London, UK. They specialize in assisting seasoned prop traders with the goal to support traders’ success by giving them the resources and money they require to succeed in a market characterized by disruption and change. To increase their capital in the international financial markets, they are primarily interested in looking for trading and investment opportunities.

We are a leading proprietary trading firm based in London (UK), specializing in supporting experienced prop traders. Our commitment is to help traders excel and provide the tools and capital they need to compete in a marketplace defined by change and disruption. We are focused on seeking out trading and investment opportunities to grow our capital in the global financial markets.

Meet The Mentors

Bruno Perinelli – Bruno is an Argentinian Finance expert based in Buenos Aires. With many years of experience in the capital markets, he provides insides to the European and American markets.

Jake Torres – Jake is a Philippines-based mentor and financial analyst. He’s an outstanding trading psychology coach and he provides our insights to the Asian markets.

Lux Trading Firm Website

Programs – Choose your account size

$25,000 account – first time £149

$50,000 account – first time £299

$100,000 account – first time £449

$200,000 account – first time £599

The Lux Trading Firm Trading Program

The Lux Trading Firm Evaluation account’s objective is to assess if you can adhere to our rules for trading our live accounts. The rules are simple, and the limits are in place to protect our capital and your profits.

What is my maximum loss limit?

At Lux Trading Firm, we believe that all traders should get a fair chance to enable them to trade and remain within their risk limit. As many of you may know, Institutional traders are risk-averse and generally make excellent trading decisions that lead to profitability and consistency.

For example, for the $100K Evaluation and Advanced Account stage, the max relative Drawdown is $5,000. If the starting account balance was $100,000, and at a later time, the trader made a profit of $2,000, bringing the max account balance to $102,000. Then the stop-out level based on the Relative Drawdown would be $102,000 – $5,100 = $96,900.

What is the Profit Target, and What is the Profit Share?

Evaluation and Advanced stage target according to our different trading models.

At Lux Trading Firm we have five different accounts:

$200,000 – Evaluation and Advanced Acc stage–The target for this account is respectively $12,000 and $8,000.
$100,000 – Evaluation and Advanced Acc stage – The target for this account is respectively $6,000 and $4,000.‎
$50,000 – Evaluation and Advanced Acc stage – The target for this account is respectively $3,000 and $2,000.‎
$25,000 – Evaluation and Advanced Acc stage – The target for this account is respectively $1,500 and $1,000.

$1MM Special Account – 1 Evaluation stage only – The target for this account $150,000

Once a trader successfully completes the Evaluation stage, he will receive a refund of 50% of the paid fees. He will receive another 50% once he passes the advanced stage. The 1 stage evaluation accounts are completely excluded from this refund deal.

How Will you grow?

You scale up through the stages. How quickly your account scales, depends on which account size you choose.

Grow to $10,000,000 in 9 stages price: 149 GBP

Grow to $10,000,000 in 8 stages price: 299 GBP

Grow to $10,000,000 in 7 stages price: 449 GBP

Grow to $10,000,000 in 6 stages price: 599 GBP

Ea allowed?

They allow EAs that are created by the trader (trader’s intellectual property). EAs developed by a third party, are prohibited since this does not show the individual trading skills of the trader.

What is the maximum loss limit?

The maximum drawdown level is 5% relative to stages 1 and 2 and from stage 3 and higher, it is 4% in a Hybrid model.

What are the withdrawal methods?

Lux Trading Firm pays traders a 75% profit share on the Professional 25k, 50k, 100k, or 200k Accounts (Stage 3 and up), as long as the trader has ‎made a net profit in the current month, relative to the High-Water Mark.

All Professional 25k, 50k, 100k, or 200k Account stages profits are paid out during the week following the calculation of profits. Profits are calculated during the 1st weekend after the end of the month.

Trader’s comments about Lux Trading Firm

On Trustpilot, they have a lot of positive comments about themselves from their community, with a 4.4/5 rating out of 454. But it is kinda not that many reviews.

Conclusion

They are very flexible with trading strategies, allowing automated trading with expert advisors and holding positions over the weekend which is good for swing trading. However, there are some restrictions that you need to be aware of which can be confusing at first. You must stick to drawdown and loss limits whilst not breaking any of the trading strategy rules. It would be great if they could add the MT5 platform and individual stocks to further improve their already impressive range of prop trading services.

I would recommend Lux Trading Firm to more experienced traders with well-developed trading and risk management strategies. They have straightforward rules with no maximum time limitation periods and relatively high minimum trading day requirements for traders to scale their accounts, meaning that they are trying to attract attention from consistent traders. After considering everything Lux Trading Firm has to offer, they can be considered an excellent choice for anyone who has a well-developed trading strategy and is looking to acquire profits slowly on a consistent basis.

This review about Lux Trading Firm was lastly updated on 7/6/2023 at 17:00 (CE(S)T).