Lux Trading Firm is a proprietary firm with one of the offices based in London and the other in Slovakia, Bratislava. They offer their traders up to $10,000,000 account balance in size and use a well-recognized Global Prime as their broker in Australia. Lux Trading Firm offers a unique two-step evaluation program with three different account sizes.
They are offering three trading platforms:
- MetaTrader 4
- TradingView
- Trader Evolution
Lux Trading Firm Comparison
Lux Trading Firm is an excellent prop firm. As we have mentioned before, they offer three account sizes. All of them are two-step evaluation programs. Most firms in the prop firm industry offer two-step evaluations which different trading objectives. Today, we will compare Lux Trading Firm and Other leading firms. So, let’s start with the following:
Lux Trading Firm and My Forex Funds
| Trading Objectives | Lux Trading Firm | My Forex Funds |
| Phase 1 Profit Target | 6% | 8% |
| Phase 2 Profit Target | 4% | 5% |
| Maximum Daily Loss | No Limit | 5% |
| Maximum Loss | 5% | 12% |
| Minimum Trading Day | Evaluation stage: 29 calendar days Advanced stage: 20 calendar days (Swing traders: 15 calendar days) | Five calendar Days |
| Profit Splits | 75% | 75% up to 90% |
Lux Trading Firm and FundedNext
| Trading Objectives | Lux Trading Firm | FundedNext |
| Phase 1 Profit Target | 6% | 10% |
| Phase 2 Profit Target | 4% | 5% |
| Maximum Daily Loss | No Limit | 5% |
| Maximum Loss | 5% | 10% |
| Minimum Trading Day | Evaluation stage: 29 calendar days Advanced stage: 20 calendar days (Swing traders: 15 calendar days) | Five calendar Days |
| Profit Splits | 75% | 80% up to 90% |
Lux Trading Firm and E8 Funding
| Trading Objectives | Lux Trading Firm | E8 Funding |
| Phase 1 Profit Target | 6% | 8% |
| Phase 2 Profit Target | 4% | 5% |
| Maximum Daily Loss | No limit | 5% |
| Maximum Loss | 5% | 8% (Scalable to 14%) |
| Minimum Trading Day | Evaluation stage: 29 calendar days Advanced stage: 20 calendar days (Swing traders: 15 calendar days) | No minimum trading day requirement |
| Profit Splits | 75% | 80% |
Conclusion
Different traders use different trading styles, so they have different trading preferences. But, remember, Lux Trading Firm also has relatively low-profit targets with no maximum time limitations to complete both the Evaluation and the Advanced stages.
For the full review, click on the link. And if you find Lux Trading Firm interesting, don’t forget to use our Discount code (forexpropreviews) for a 5% discount before trading with them.
