This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
Lux Trading Firm Review
Lux Trading Firm is a London prop firm offering funded forex challenges with a scaling plan up to $10 million, but its profit split starts lower than most rivals.
Min Deposit
$199
Spreads From
Not published as a fixed figure, spreads depend on the live liquidity feed
Max Leverage
Set per plan by the Risk Desk rather than published as one fixed figure
Platforms
MatchTrader, MetaTrader 4
Pros
- Registered with Companies House as Lux Trading Firm Ltd since January 2021
- Funded accounts can scale up through stages toward a stated 10 million dollar cap
- Evaluation fee is refunded once you pass and clear the Risk Desk review
- Expert advisors are allowed if they run your own trading strategy
- News trading is permitted, unlike at many other prop firms
Cons
- Not a regulated broker or financial institution of any kind
- Standard profit split is 75 percent, below the 80 to 90 percent many rivals pay
- Risk Desk approval adds an extra review step before funding is confirmed
- Incorporated only in 2021, so its long term track record is still short
- Evaluation fees reach up to 1,499 British pounds for the largest plan
Lux Trading Firm Ltd is a London company, incorporated in January 2021 and led by CEO Oliver Olejar. It runs funded trading challenges rather than holding client deposits like a broker, so it is not a regulated financial firm.
Evaluation fees run from about 199 to 1,499 British pounds, and the firm refunds the fee once you pass and its Risk Desk approves your result. Funded traders can scale a starting account up through several stages toward a stated cap of 10 million dollars. Expert advisors are allowed if they are your own strategy, and news trading is permitted.
The standard profit split is 75 percent, lower than the 80 to 90 percent many rival firms now offer. The Risk Desk review adds an extra approval step before a challenge pass turns into a funded account, which some traders find slows things down. As a firm incorporated only in 2021, its long term track record is still shorter than older rivals.
Min. Deposit
USD 199
Max Leverage
Set per plan by the Risk Desk rather than published as one fixed figure
Spreads From
Not published as a fixed figure, spreads depend on the live liquidity feed
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
