Lux Trading Firm Review

About Lux Trading Firm

Lux Trading Firm operates a proprietary trading and trader-training program at luxtradingfirm.com. The website identifies the service provider as Lux Trading Firm Ltd, Saint Lucia (Company registration number: 2023-00292; Ground floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros‑Islet) and lists Lux Trading Firm Ltd, United Kingdom (Companies House number 13160991; 128 City Road, London EC1V 2NX) and a Dubai entity as payment agents. The site states the companies “do not carry out any regulated activities,” that Lux Trading Firm “is not a broker, and does not accept deposits,” and that clearing firms/liquidity providers power the platforms and data feeds. The UK company is recorded at Companies House under SIC 85600 (Educational support services). Official site Companies House

The program advertises evaluation account sizes of $100,000 (£199 fee), $400,000 (£449), and $1,000,000 (£999) with scaling to $10,000,000 and a fee refund shown as “100% Refund” at the evaluation stage on the pricing tables. The Rules page describes profit sharing as 75% to the trader at professional stages (monthly withdrawals processed in 3–5 business days) and a fee refund structure of 50% after the Evaluation and another 50% after the Advanced stage, excluding 1‑stage evaluations. The homepage tables also show an 80% split; this differs from the Rules page wording. Official site Trading Rules

Trading is offered via MT5 and the firm’s Lux Trader platform powered by TradingView; the homepage also describes copying from any platform to a Lux account on MatchTrader. Instruments available on MT5 and Lux Trader include Forex, indices, metals, energies, single‑stock CFDs, and crypto. The Rules page sets leverage at 1:30 for FX/indices/energies/metals and 1:5 for equity‑CFDs and crypto, while the posted symbol list shows 1% margin for many contracts; traders should note this discrepancy. Rules also state: mandatory use of stop‑loss; minimum 29 active trading days at Evaluation (15 for defined swing traders); “risk consistency” based on Remaining Risk Capital; self‑developed EAs, news trading, and weekend holding allowed; copy trading between accounts prohibited; high‑frequency trading generating more than 2,500 server messages per 24 hours forbidden; no stop‑loss adjustments 30 seconds before/after high‑impact news; and news bracketing strategies not accepted. Official site Assets list (PDF)

Who it’s for

• Traders seeking a prop‑trading evaluation with a defined scaling path to larger funded stages and a published profit‑share model.
• Those comfortable adhering to specific risk‑management rules (mandatory stop‑losses, risk consistency, and minimum active trading days) documented by the firm.
• Multi‑asset CFD traders who use MT5 or TradingView and want equity, indices, FX, metals, energies, and crypto exposure within a single program.
• Traders who prefer platform flexibility, including copying from external platforms to a Lux account on MatchTrader, as described on the site.

Pros and cons

Pros

• Detailed, public Rulebook covering leverage, risk, trading‑day minimums, strategy allowances (self‑built EAs, news trading, weekend holding), and prohibited behaviors.
• Multiple platforms: Lux Trader (TradingView), MT5, and site‑described copying from other platforms to MatchTrader.
• Published legal entities and registrations, with explicit statement that the firm conducts prop trading/training and is not a broker or deposit‑taking entity; UK entity listed on Companies House.
• Broad instrument coverage with a downloadable symbol list including forex pairs, major indices, metals, energies, stocks, and selected crypto‑CFDs.

Cons

• No authorisation from financial regulators is claimed; the site states regulated activities are not performed and that Lux Trading Firm is not a broker and does not accept deposits.
• Inconsistent details across pages: profit split (75% in Rules vs 80% on pricing tables), fee refund description (Rules vs homepage), and leverage wording (Rules vs margin figures in symbol list).
• Strict operational constraints may not suit some styles: HFT/message‑rate limits, copy‑trading prohibition between accounts, SL/news‑adjustment restrictions, and a 29‑day minimum at Evaluation.