Is Lux Trading Firm Legit? A Comprehensive Review

Is Lux Trading Firm a Trustworthy Platform? A Comprehensive Review

Lux Trading Firm, headquartered in the UK, is a proprietary trading firm offering funding opportunities for traders. This article delves into an analysis of Lux Trading Firm, providing insights and guidance on obtaining funding through their platform.

Key points covered in this review include:

  1. Overview of Lux Trading Firm
  2. Tradable Assets on Lux Trading Firm
  3. Account Sizes Offered by Lux Trading Firm
  4. Leverage Provided by Lux Trading Firm
  5. Profit Split with Lux Trading Firm
  6. Reviews of Lux Trading Firm
  7. Evaluation Process at Lux Trading Firm
  8. Compatibility with Expert Advisors (EAs)
  9. Free Trial and Repeat Offers from Lux Trading Firm
  10. Supported Trading Platforms by Lux Trading Firm
  11. Trading Hours and Policies at Lux Trading Firm
  12. News Trading Restrictions (or Lack Thereof)
  13. Legitimacy of Lux Trading Firm
  14. Alternatives to Lux Trading Firm

Lux Trading Firm, established in 2020, operates as a proprietary trading firm based in London, UK. With some years of experience, it offers funding opportunities to traders.

Tradable Assets:
Lux Trading Firm facilitates trading in various assets including:

  • Forex pairs (major and minor)
  • Indices
  • Commodities
  • Metals
  • Cryptocurrencies
  • Stocks

Account Sizes:
Lux Trading Firm provides funding with account balances ranging from $25,000 to $200,000. Successful trading can lead to scaling up accounts to $10,000,000. Applicants must pass a 2-phase evaluation process, with prices varying based on account size.

The leverage offered by Lux Trading Firm varies depending on the traded symbol:

  • Forex: 1:10 to 1:30
  • Indices, Commodities, Metals: 1:5 to 1:10
  • Stocks, Cryptocurrencies: 1:5
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Profit Split:
Lux Trading Firm offers a profit split of 75%, which aligns with industry standards.

Trustpilot reviews rate Lux Trading Firm as excellent, with a score of 4.5/5.0 based on 409 user reviews.

Evaluation Process:
To secure funding, traders must pass a 2-stage evaluation, meeting specific profit and loss targets.

Expert Advisors (EAs):
Lux Trading Firm permits the use of EAs, provided they are proprietary and not developed by third parties.

Free Trial:
Lux Trading Firm offers a 7-day free trial for interested traders.

Supported Platforms:
Traders can access Lux Trading Firm through popular trading platforms like MetaTrader 4, TradingView, and Trader Evolution.

Trading Policies:
Holding trades overnight and over weekends is permitted, allowing traders flexibility in their strategies.

News Trading:
Lux Trading Firm imposes no restrictions on news trading, provided traders manage their positions responsibly.

Lux Trading Firm is a legitimate company, with contact information available for inquiries and support.

For those exploring alternatives, options include FTMO, FundedNext, and E8 Funding.

In conclusion, Lux Trading Firm provides a viable option for traders seeking funding opportunities, offering a range of assets, competitive profit splits, and flexibility in trading strategies.