What is the maximum loss limit, and what is a relative drawdown level?
- The maximum drawdown level is 5% relative on stages 1 and 2 and from stage 3 and higher, it is 4% in a Hybrid model.
- The Maximum allowed Relative Draw Down is the highest realized account balance minus 4 or 5%, and is compared to equity and balance.
What are the withdrawal methods?
- Lux Trading Firm pays traders 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.
- Traders are paid by Direct Bank Transfer (UK, EU, and international), through Wise-wallet, Crypto.
EA allowed?
We 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.
If this EA is no longer available to the trader/public, for whatever reason, the trader will be unable to update, upgrade or make changes to it for the better.
Traders can use a third-party EA as a tool to support their strategy, but without using automatic trade execution.
Copy trading
Lux Trading Firm prohibits duplicating trades and orders by using a copy trading service offered by any one provider.
Lux Trading Firm allows traders with a self-developed strategy to use the Lux trading platform as the Master account and copy the trades to other (Slave) accounts that belong to the trader or his/her company. It is prohibited to copy your trades to other than your own trading account(s). Our algorithms will recognize when trades are duplicated to different trading accounts with us and will close them automatically. All the parties involved will be expelled from the program and no refund or reset will be possible.
Do I get a refund of my enrollment fee?
Every new trader who signs up after 10-10-2021 that passes the Evaluation (Demo) Account stage will receive a 50% refund of their enrollment fee. The other 50% will be paid out after completing the Advanced stage. This refund is not available on 1 evaluation stage accounts like the Elite plans and the special $1MM account.
Which broker?
We work with the broker GlobalPrime: https://www.globalprime.com
Does Lux provide its traders real live accounts?
Yes, click this URL link to see proof of this: https://luxtradingfirm.com/wp-content/uploads/2021/09/Lux.Letter.Authenticity-1.pdf
Does Lux or Lux’s Broker trade against its traders?
No, click the URL link to see proof of this: https://luxtradingfirm.com/wp-content/uploads/2021/09/Lux.Letter.Authenticity-1.pdf
Comparison
Below in the window you can compare Lux Career Trading Program with the 2 other well established Funded Programs
| # | Lux |
FTMO |
The5ers |
|---|---|---|---|
1 |
Account size: 150.000 – 10 million |
Account size: 200.000 |
Acoount size: 80.000 - 2.5 million |
2 |
Price $ 665 - € 590 - £ 499 |
Price $ 1,220 - € 1,080 - £ 910 |
Price $ 745 - € 660 - £ 555 |
3 |
Stage 1: 6% profit target with no time limit and 100% refund of fees |
Stage 1: 10% profit target need to be reach in 22 trading days, no fee refund and no profit split |
Stage 1: 7% profit target to be reach in 180 days and 50% profit split from 20k account size |
4 |
Stage 2: 6% profit target with no time limit and a 65% profit split over 15k account size |
Stage 2: 5% profit target need to be reach in 44 trading days and no fee refund and no profit split |
Stage 2: 10% profit target to be reach in 180 days and 50% profit split from 80k account size |
5 |
Stage 3 and more: 65% profit split on 150k account size up to 500k, 1 mill, 2.5 mill, 10 mill + |
Stage 3 and more: 80% profit split on max 200k account size and fee refunded only after make profit |
Stage 3 and more: 50% profit split over 160k account size up to 320k, 640k, 1.2 mill, 2.5 mill |
