Lux Trading Firm Help Hub
Lux Trading Firm FAQ
114 Real Questions Answered (2026)
Lux Trading Firm is a London-based UK prop firm founded by Petra Pirova on 27 January 2021 (Companies House #13160991). The 2026 lineup is a 1-Stage Evaluation in three sizes ($100K, $400K, $1M) plus a $400K Instant Funding account, all paying an 80% profit split with a 100% fee refund on passing Stage 1. Profit targets are 10% / 12% / 15% depending on size, scaling doubles the account 2x per stage up to $10M, and Lux runs on MT5 and MatchTrader. US-based traders are not accepted. PickMyTrade automates only the MatchTrader Lux account (MT5 is not PMT-compatible). Trustpilot 4.1-4.5 across ~600 reviews (May 2026).
Headquarters
128 City Road, London EC1V 2NX
Plans
1-Stage Evaluation / Instant Funding
Profit split
80% (standard)
Trustpilot
~4.3 / 600+ reviews
Platforms
MT5, MatchTrader
Scaling cap
Up to $10,000,000 (2x per stage)
We strive for accuracy, but prop firm rules change frequently — always verify details on the official Lux Trading Firm website before funding an account or trading.
Lux Trading Firm Basics
12 answersWhat is Lux Trading Firm and how does it work?
Lux Trading Firm is a London-based UK proprietary trading firm. The 2026 lineup is a single-stage 1-Stage Evaluation in three account sizes ($100K, $400K, $1M) plus a $400K Instant Funding product. Traders pay an upfront enrollment fee, pass one evaluation phase by hitting a percentage profit target, and graduate to a funded account paying 80% of profits. The evaluation fee is refunded 100% after passing Stage 1. Scaling doubles the account size per stage up to $10M.
When was Lux Trading Firm founded?
Lux Trading Firm Ltd was incorporated on 27 January 2021 at Companies House (United Kingdom Company #13160991). It is one of the longer-established prop firms in the UK market, predating the 2022-2024 wave of new entrants. The registered office is 128 City Road, London EC1V 2NX, per Lux's own site footer and Companies House filings.
Who owns and runs Lux Trading Firm?
Lux Trading Firm Ltd is a UK-registered private limited company. Companies House officer filings and multiple independent reviews list Petra Pirova as the founder and director of the firm. Lux Trading Firm should not be confused with Lux Algo (luxalgo.com), which is a separate company that publishes TradingView indicators and has no corporate relationship with Lux Trading Firm.
Where is Lux Trading Firm headquartered?
London, United Kingdom. The registered office is 128 City Road, London EC1V 2NX, as published in Lux's own website footer and on Companies House. The UK headquarters is a meaningful differentiator versus offshore-only prop firms because Lux operates under UK company law and English-jurisdiction contracts.
Is Lux Trading Firm regulated by the FCA?
No. Lux Trading Firm is a UK-registered proprietary trading firm, not an FCA-authorised broker-dealer. Like most retail prop firms globally, Lux frames its offering as an education-plus-evaluation programme with discretionary capital allocation rather than regulated retail brokerage. UK company registration is not the same as FCA financial-services authorisation.
Is Lux Trading Firm legit or a scam?
Legit. Lux has operated since January 2021, holds Trustpilot ratings ranging 4.1 to 4.5 across roughly 409 to 649 reviews (around 600 in May 2026 snapshots), runs out of a real UK registered office at 128 City Road, and is operated by a named director (Petra Pirova) on Companies House. Common complaint themes focus on the relative drawdown and target difficulty, not on payout fraud.
What is Lux Trading Firm's Trustpilot rating?
Trustpilot ratings have ranged from 4.1/5 to 4.5/5 across snapshots, on review counts between approximately 409 and 649. The May 2026 figure sits at approximately 4.3/5 on around 600 reviews. The rating consistently lands in the "Great" to "Excellent" band. Verify the current live number at trustpilot.com/review/luxtradingfirm.com.
How much has Lux Trading Firm paid out in total?
Lux Trading Firm does not publish an aggregated cumulative-payouts figure on its homepage in the way some competitors do. Payout proof is shared per-trader via Trustpilot reviews and Lux's own social channels. If a specific running total matters to you, request the latest figure directly from Lux support before purchasing.
What makes Lux different from a typical prop firm?
Three things stand out: (1) UK-based with a real registered London office and a named director on Companies House, not Caribbean shell entities; (2) the 2026 product is a streamlined 1-Stage Evaluation with a 100% fee refund after passing, rather than multi-step challenges; (3) the published scaling roadmap doubles the account size per stage all the way up to $10M of allocated capital. Lux positions itself as education plus funding.
Does Lux Trading Firm trade real money or simulated capital?
The 1-Stage Evaluation is run on a simulated account. Once a trader passes Stage 1, the funded account is described as live, executing against the firm's capital. Payouts are real cash regardless of stage. The live-account aspect on the funded tier is more transparent than firms running pure sim throughout.
What markets can I trade at Lux?
Forex pairs (majors, minors, exotics), gold and silver, oil, and major indices through the supported MT5 or MatchTrader platform. Lux's primary identity is forex prop. Crypto and equities are not a core focus of the firm. Specific instrument lists vary by platform build — verify on the official Lux trading-rules page before assuming a CFD is tradeable.
Is Lux Trading Firm beginner-friendly?
Moderately. The 1-Stage Evaluation removes the multi-phase grind, but a 10% target on $100K (and stricter 12%-15% targets on larger sizes) plus a 6% relative drawdown still requires planning. The 100% fee refund after passing is genuinely beginner-friendly economics. Beginners should start with the $100K size before committing larger fees.
1-Stage Evaluation & Instant Funding
12 answersWhat plans does Lux Trading Firm offer in 2026?
Two product families: (1) the 1-Stage Evaluation in three sizes — $100K, $400K, and $1M — with profit targets of 10%, 12%, and 15% respectively; (2) Instant Funding at $400K, which skips the evaluation and goes straight to a live funded payout cycle. Both lines pay an 80% profit split. The older 4-stage Career Trader Plan (Evaluation -> Advanced -> Professional -> Expert) plus the Foundation and Bullion programmes have been retired.
What is the 1-Stage Evaluation?
Lux's main 2026 product. You trade a simulated account in one of three sizes ($100K, $400K, $1M), hit the corresponding profit target (10%, 12%, 15%), and respect the 6% relative drawdown. Pass and the account converts to a funded live account paying 80% of profits. The evaluation fee is refunded 100% on success. There is no published minimum trading days requirement on the current 1-Stage Evaluation.
What is Instant Funding at Lux?
Instant Funding is a $400K live funded account that skips the evaluation phase entirely. You pay the upfront enrollment fee and trade real funded capital from day one, with an 80% profit split. Rules around drawdown, mandatory stops, and prohibited strategies still apply. Suited to traders with a tracked edge who want to skip the evaluation cycle.
Did Lux discontinue the Career Trader Plan?
Yes. The legacy four-stage Career Trader Plan (Evaluation -> Advanced -> Professional -> Expert) is no longer the active product. Lux has simplified the lineup to a single-stage evaluation plus an instant funded option. If you see older blog posts or review videos referencing Advanced or Professional stages, treat them as historical context rather than current rules.
Are the Foundation and Bullion plans still available?
No. The Foundation entry-level plan and the Bullion metals-focused plan are legacy products that Lux has retired. Older third-party comparisons still mention them, but the current Lux product menu is the 1-Stage Evaluation (three sizes) and Instant Funding ($400K). Confirm the live menu at luxtradingfirm.com.
How does the funded account work after passing Stage 1?
On passing the 1-Stage Evaluation, your account converts to a funded live account at the same nominal size you evaluated. The 80% profit split applies on all withdrawals. You also receive a 100% refund of the original evaluation fee. From that point the account enters the scaling ladder where each successful stage doubles the account size up to the $10M cap.
What account sizes can I buy directly from Lux?
For the 1-Stage Evaluation: $100,000, $400,000, and $1,000,000. For Instant Funding: $400,000. There are no $50K, $200K, or $500K direct-purchase sizes in the current Lux lineup — those tiers existed under the legacy Career Trader Plan but are no longer offered. Larger sizes are reached through the scaling ladder after passing.
Which Lux plan is best for beginners?
The $100K 1-Stage Evaluation. It has the lowest enrollment fee, the most forgiving 10% target, and the 100% fee refund on passing makes the cost-of-failure manageable while you learn Lux's specific rule set. Avoid jumping straight to the $1M Evaluation or Instant Funding until you have demonstrated consistency on a smaller size.
Which Lux plan is best for experienced traders?
Experienced traders with a tracked edge benefit most from either the $1M 1-Stage Evaluation (largest single passable size, 15% target) or Instant Funding ($400K live from day one). Both unlock the largest payout pools quickly. Combine with the 2x doubling scaling roadmap to reach $10M of allocated capital over time.
Does Lux offer an instant funded account?
Yes — Lux's Instant Funding product is a $400K live funded account that skips the evaluation phase. You pay the enrollment fee and start trading the funded sim-live hybrid account immediately, with 80% profit split. This is a major change from the legacy Lux model, which required a multi-stage evaluation before any funded access.
Which plan has the fastest path to a live account?
Instant Funding at $400K — no evaluation stage at all, you're live from day one. If you prefer the verified-edge route, the $100K 1-Stage Evaluation is the fastest evaluated path because it has the lowest target (10%) and the smallest fee at risk. Both routes pay an 80% profit split once funded.
Can I swing trade or hold trades over the weekend at Lux?
Lux supports swing-style strategies on the 1-Stage Evaluation and funded accounts. Overnight holds are permitted; weekend holding policies vary by account variant — confirm in the official trading-rules page before assuming Friday-to-Monday positions are unrestricted. Lux does not publish a generic minimum-trading-days floor on the current product.
Account Sizes & Pricing
9 answersWhat account sizes does Lux Trading Firm offer?
1-Stage Evaluation: $100,000, $400,000, and $1,000,000. Instant Funding: $400,000 only. There are no $50K, $200K, or $500K direct-purchase sizes in the current Lux lineup. Larger allocations are reached only through the 2x doubling scaling ladder after the account is funded, with a published cap of $10,000,000.
How much does the Lux $100K 1-Stage Evaluation cost?
The $100K 1-Stage Evaluation is the entry-tier price point and the cheapest direct-purchase route into the Lux funded ladder. Lux pricing is in pounds sterling because the firm is UK-based, and promotional pricing rotates through the year. Verify the live price at luxtradingfirm.com/pricing before purchase — Lux runs regular seasonal discounts.
How much does the Lux $400K 1-Stage Evaluation cost?
The $400K 1-Stage Evaluation sits in the mid-tier of the lineup with a 12% profit target. Enrollment is higher than the $100K size but lower than the $1M tier, scaling roughly with account size. The fee is refunded 100% on passing Stage 1. Use the live pricing page for the current figure since Lux runs promotional pricing periodically.
How much does the Lux $400K Instant Funding cost?
The $400K Instant Funding product carries a premium over the equivalent 1-Stage Evaluation size because you skip the evaluation phase and trade funded capital from day one. The exact premium varies with current Lux promotions. Confirm at luxtradingfirm.com — Instant Funding does not carry the same fee-refund mechanism as the evaluation route.
How much does the Lux $1M 1-Stage Evaluation cost?
The $1M 1-Stage Evaluation is the largest direct-purchase tier and the most expensive enrollment, with a 15% profit target ($150K). Lux pricing is in pounds sterling and rotates with promotional periods. The 100% fee refund on passing applies at this tier as well, which materially offsets the headline price for traders confident in their edge.
Is the Lux evaluation fee refundable?
Yes. 100% of the 1-Stage Evaluation enrollment fee is refunded to you after you pass Stage 1 and the account converts to funded status. This single full refund is simpler and more generous than the legacy multi-stage Lux model that split refunds across Evaluation and Advanced. The refund applies to the 1-Stage Evaluation only — Instant Funding does not include a fee refund.
Are there monthly fees on funded Lux accounts?
No recurring monthly subscription on funded accounts. The enrollment fee is a one-time charge at purchase. Inactivity rules apply — long periods with no trading activity may close the account, so check Lux's inactivity policy if you trade intermittently. The 100% fee refund returns to you after passing the 1-Stage Evaluation.
Does Lux offer discount codes?
Lux periodically runs promotional codes through its affiliates and email list. Discounts of 10%-25% off enrollment are common during seasonal sales. Always verify any code applies at checkout before assuming the saving.
What payment methods does Lux accept?
Card payments (Visa, Mastercard), PayPal in many regions, and bank transfers for larger account purchases. Crypto payment availability varies by promotion. Sanctioned-country residents will be refused wire, PayPal, and Wise per Lux's terms.
Can I buy multiple Lux accounts?
Yes — you can hold multiple 1-Stage Evaluation and Instant Funding accounts at the same time. Standard cross-account hedging rules still apply: coordinated opposite positions across your own accounts are not allowed. Trade-mirroring tools between your own accounts are permitted provided each account independently respects the trading rules.
Profit Targets & Drawdown
11 answersWhat is the profit target on the Lux $100K 1-Stage Evaluation?
10% of starting balance, equal to $10,000 on the $100K account. There is no published minimum trading days requirement and no upper time limit on the current 1-Stage Evaluation. Pass once and the account converts to a funded live account at the same $100K nominal size, paying an 80% profit split.
What is the profit target on the Lux $400K 1-Stage Evaluation?
12% of starting balance, equal to $48,000 on the $400K account. The percentage step up from the $100K size reflects the larger fee at risk. The 6% relative drawdown still applies and the 100% fee refund on passing is the same as on smaller sizes. No published minimum trading days and no upper time limit.
What is the profit target on the Lux $1M 1-Stage Evaluation?
15% of starting balance, equal to $150,000 on the $1M account. This is the most demanding evaluation target Lux offers and is structured for traders confident in their ability to compound a tracked edge on a larger account. Same 6% relative drawdown and same 100% fee refund on passing as smaller sizes.
What is the maximum drawdown on the 1-Stage Evaluation?
6% relative (trailing) drawdown. The 6% trails the highest equity peak as you make profit, locking in gains. This is genuinely strict compared to many competitors who use 8%-10% max drawdown plus 4%-5% daily. Plan position sizing accordingly — a 1%-2% risk per trade is the practical ceiling for staying within the drawdown.
What is the drawdown model on a Lux funded account?
A hybrid 6% drawdown — a combination of fixed and relative — applies once the account is funded after passing Stage 1 (and on Instant Funding from day one). After you withdraw profits, the account balance and equity peak re-anchor to the initial balance and the drawdown starts fresh. This rewards consistent withdrawal cadence rather than letting balances drift.
Is there a daily loss limit at Lux?
Lux does not impose a traditional rigid daily loss limit in the way most prop firms do. Instead, the 6% relative drawdown is the primary risk constraint. This is unusual and intentional — it gives traders room to manage individual days while still capping total downside. Verify on the official trading-rules page since some account variants may add a daily ceiling.
Is the Lux drawdown trailing or static?
Trailing on the 1-Stage Evaluation — the 6% relative drawdown trails the highest equity peak as you build profit. On the funded account the hybrid model trails until you withdraw, then re-anchors to the initial balance for the new period. The trailing behaviour means you cannot give back unrealised gains during the evaluation.
Does Lux use equity-based or balance-based drawdown?
Equity-based — unrealised profits and losses count toward the drawdown calculation. This is stricter than balance-based models because open-position drawdowns can breach the account even if the trade later recovers. Plan stop-losses with this in mind. Lux requires a stop-loss on every trade.
What happens if I breach the 6% drawdown?
The account is breached and trading is suspended. You can purchase a reset (often at discounted reset pricing) to restart the 1-Stage Evaluation. Any profit earned up to the breach during the evaluation is forfeited — only funded-account payouts already withdrawn before the breach remain yours.
Can I lose all 6% in one trade at Lux?
Technically yes — a single oversized trade can use up the full drawdown allowance and breach you. The 6% relative model does not require a daily-loss floor, so a single bad trade large enough to drop equity below the trailing line ends the account. Always use stop-loss orders — Lux requires every trade to have one.
Consistency & Minimum Trading Days
7 answersIs there a minimum number of trading days at Lux?
No. The current 1-Stage Evaluation does not publish a minimum trading days requirement. The previously famous 29-day rule belonged to the legacy Career Trader Plan and a 15-day variant existed on the old Swing accounts — both have been retired. Verify any plan-specific floor on the official trading-rules page before purchasing.
Is there an upper time limit on the evaluation?
No upper time limit on the 1-Stage Evaluation. Lux does not impose a 30-day or 60-day deadline to hit the profit target. You can pass on day one or day one hundred provided you stay within the 6% relative drawdown and follow the trading rules. This is one of the friendlier features of the current product compared to challenge-style competitors.
What is Lux's consistency rule?
Lux expects consistency in percentage risk per trade across the entire evaluation. You choose your own risk-per-trade percentage, but you are expected to keep that percentage consistent rather than dramatically scaling it up after early wins. There is no published "best-day must be under X% of total profits" rule on the current 1-Stage Evaluation product.
Are there minimum trading days for payouts on the funded account?
No formal minimum-days-between-payouts requirement on the Lux funded account. Lux's policy is that payouts can be requested any time the account is in profit, provided all positions are closed. Most disciplined funded traders settle into a monthly or fortnightly cadence simply because that aligns with how the hybrid drawdown re-anchors on withdrawal.
Does Lux suit swing traders with infrequent trades?
Yes — because the current 1-Stage Evaluation does not impose a minimum trading days floor, swing traders who open positions infrequently are not disadvantaged. The previous legacy Swing variant ran a 15-day minimum but the unified 1-Stage Evaluation removes that constraint. Confirm the inactivity policy with Lux support before trading very infrequently.
Can I scalp my way to the profit target quickly?
Yes — there is no calendar-day floor on the 1-Stage Evaluation, so a fast scalper hitting the 10% target in days is allowed. The constraint is the HFT ceiling: more than 2,500 server messages within a 24-hour window or fully automated latency arbitrage is prohibited. Discretionary or human-paced scalping is fine.
Does opening one position count as a trading day?
Trading-day counting is largely moot on the current 1-Stage Evaluation because there is no minimum-trading-days floor to satisfy. Days are still recorded in your trade journal for audit purposes — one new position opened during the day counts as one trading day. Days where you only manage existing positions without opening a new one do not count.
Scaling to $10M
7 answersCan I really scale to $10M at Lux?
Yes — Lux's published roadmap doubles the account size at each successful scaling stage with a cap of $10,000,000 of allocated capital. Few traders reach the cap in practice because each doubling requires sustained profitable performance on the funded account, but the path is real and Lux has documented multi-million-dollar trader allocations.
How does Lux's "2x bigger account, same price" scaling work?
Each scaling stage doubles your account size for free — Lux describes it as "2x bigger account, same price." A funded $100K account that hits its scaling target moves to $200K. The next successful stage moves to $400K, then $800K, and so on. There is no additional enrollment fee for the bigger account — it is awarded based on funded performance.
How many scaling steps to reach $10M from $100K?
Starting from $100K, doubling at each step gives $200K -> $400K -> $800K -> $1.6M -> $3.2M -> $6.4M -> $10M cap. That is approximately seven doublings to reach the cap. Starting from $400K it takes around five doublings; starting from $1M it takes around four. Each step requires consistent funded performance, so the calendar pace depends on your edge.
Does Lux raise the profit split as I scale?
The standard split is 80% across funded stages on the current product. Top-tier programmes may offer a higher split for highly consistent traders. Specific elevated-tier split percentages vary by promotion and time period — verify the current top-tier split directly with Lux before assuming a specific number.
Is there a time limit to reach the $10M cap?
No upper time limit. Lux's published rule is that no time cap applies on the 1-Stage Evaluation or on the funded-account scaling steps. You can scale at your own pace. This is one of the friendliest features of the current Lux product compared to challenge-style competitors that impose 30-day or 60-day windows.
What recognition does Lux give top-performing traders?
Lux maintains community recognition for the highest-performing funded traders, including featured payout stories on social channels and direct support access for top accounts. Specific recognition tiers and perks shift over time. Treat the headline allocations and profit split as the substance — the recognition layer sits on top of the standard scaling ladder.
Can I run automation through all scaling tiers?
Yes — if your automation respects Lux's rules (copy-trading and trade-mirroring tools are allowed, HFT and news-bracketing bots are not, full stop-losses on every trade), you can run the same strategy from the 1-Stage Evaluation through all funded scaling stages. PickMyTrade is well suited here because it sends TradingView signals at human-scale frequency rather than HFT-style bursts.
Payouts
10 answersWhat is the profit split at Lux?
80% standard across all funded stages — 80% trader, 20% Lux. The split applies to both the 1-Stage Evaluation funded account after passing Stage 1 and the $400K Instant Funding product. Top performers in the scaling ladder may be eligible for elevated splits — verify with Lux support since elevated tiers shift with promotions.
When can I request a Lux payout?
Any time the funded account is in profit, provided all positions are closed at the moment of request. Lux describes payouts as on-demand rather than tied to a fixed bi-weekly or monthly schedule. This is genuinely flexible compared to firms enforcing rigid 14-day or 30-day windows.
Is there a minimum payout amount at Lux?
Lux does not aggressively advertise a hard minimum withdrawal floor; in practice small payouts are processed, but very low amounts may attract proportionally higher payment-processor charges. Confirm the current minimum with Lux support before requesting a sub-$200 withdrawal.
How does Lux pay out?
Bank wire transfer is the primary payout method, reflecting Lux's UK base. Some regions support additional payment rails (PayPal, Wise). Crypto payout availability has fluctuated — verify current options in your account dashboard.
How long do Lux payouts take to arrive?
UK bank wire payouts typically settle in 1-3 UK business days. International wires take 3-7 business days. Crypto rails are fastest where available. Trustpilot reviewers consistently report payouts arriving as scheduled, which is a major credibility signal for Lux.
Does my evaluation fee come back as a payout?
Yes — 100% of the 1-Stage Evaluation enrollment fee is refunded after you pass Stage 1 and the account converts to funded status. This is one of Lux's most trader-friendly economic features and is simpler than the legacy 50%/50% staged refund the old Career Trader Plan used. The refund does not apply to Instant Funding, which has no evaluation phase.
What happens to the drawdown after I withdraw on a funded account?
The account balance and equity peak re-anchor to the initial balance when you withdraw profits on the funded account. The 6% hybrid drawdown starts fresh for the next earning cycle. This re-anchoring on withdrawal rewards traders who profit, pay themselves regularly, and protect themselves from giving back gains.
Are there hidden fees on Lux payouts?
No firm-side payout fees documented. Standard bank wire charges from your receiving bank may apply, plus FX conversion if you receive in a non-GBP currency. The firm itself does not advertise an additional withdrawal tax.
Can Lux deny a legitimate payout?
Lux's terms allow refusal of payouts for rule violations (HFT detection, banned strategies, KYC failure, cross-account hedging). Within published rules, payouts have a strong track record per Trustpilot. Read the trading rules and terms before purchase so there are no surprises at withdrawal time.
Are Lux profits taxable?
Yes — payouts are taxable income in your jurisdiction. UK residents typically treat prop-firm payouts as self-employment or miscellaneous income. US residents generally report on Schedule C or as 1099-style other income. Always consult a local tax professional — Lux does not provide tax advice and does not withhold tax at source.
News, Hedging, EA & HFT Rules
10 answersDoes Lux allow news trading?
News trading is permitted in general, but Lux imposes a 30-second protection window around announced news events: stop-loss adjustments are not allowed within 30 seconds before or after a news release. The intent is to stop traders pulling stops at the worst possible moment to dodge a breach.
Are stop-losses mandatory at Lux?
Yes. Every trade must be protected with a stop-loss order, and the stop-loss must be set before or at the moment of trade entry. You can move the stop to break-even or to profit once the trade is in your favour. You cannot trade without one. This is a strict rule and a meaningful differentiator from firms that allow naked positions.
Does Lux allow hedging?
Hedging within a single account on instruments that move similarly is generally permitted under the trading rules, but cross-account hedging — opening opposite positions on two different Lux accounts at the same time — is prohibited and treated as a violation. Same applies to coordinated hedging with accounts at other firms.
Does Lux allow Expert Advisors and trading bots?
Lux permits copy-trading and trade-mirroring tools, including TradingView-driven automation through services like PickMyTrade. The strategies explicitly banned are high-frequency trading and arbitrage- or news-bracketing bots. Personal EAs that automate a discretionary rule set at human-paced frequency are fine. The constraint is behavioural (no HFT, no latency arb) rather than tooling-based.
Does Lux allow copy trading?
Yes — Lux explicitly permits copy-trading and trade-mirroring tools across the current product line. All trades must still independently comply with the risk rules, mandatory stop-loss requirement, and drawdown limits. Copy-trading from a signal provider is allowed as long as the underlying strategy is not HFT, arbitrage, or news-bracketing.
Does Lux allow high-frequency trading?
No. High-frequency trading is strictly prohibited, along with arbitrage and news-bracketing strategies. Generating more than 2,500 server messages within a 24-hour window or running fully automated EAs that create excessive trade volume violates the rules. The intent is to exclude latency-arbitrage and tick-bursting strategies, not normal copy-trading.
Does Lux allow scalping?
Manual scalping is allowed at human reaction speeds. The line between permitted scalping and prohibited HFT is drawn around server-message frequency (2,500 in 24 hours) and full automation. Discretionary scalpers placing 50-200 trades per day are fine; latency-arbitrage bots placing thousands are not.
Does Lux allow holding trades overnight or over the weekend?
Overnight holding is permitted on the current 1-Stage Evaluation and funded accounts — useful for swing traders. Weekend holding policies may be restricted on certain account variants, so verify the specific rule for your plan before assuming Friday-to-Monday holds are unrestricted.
What is the maximum lot size at Lux?
Maximum lot size scales with account size. Lux does not publish a single universal cap. Practical limits are imposed by the 6% drawdown — a position too large to absorb a normal adverse move would breach the account before reaching the lot ceiling. Confirm any plan-specific lot limit with Lux support.
Are martingale or grid strategies allowed?
Lux does not single out martingale or grid by name, but the consistent-risk-per-trade rule effectively constrains both. Doubling position size after losing trades quickly inflates risk per trade beyond your stated baseline and runs into the consistency expectation. Stick to fixed-fractional or fixed-risk sizing.
Platforms & Markets
9 answersWhat platforms does Lux support?
Lux supports MT5 and MatchTrader per the official site. MT4, cTrader, TradeLocker, and any "Lux Trader" branded proprietary DMA platform are not part of the current verified lineup — references to them in older third-party reviews are out of date. Choose between MT5 and MatchTrader at account creation based on your automation and execution needs.
Is there a proprietary Lux trading platform?
No. The current Lux Trading Firm product line uses MT5 and MatchTrader as the supported execution platforms. There is no in-house "Lux Trader" platform in 2026. Older marketing referencing a proprietary DMA platform reflects legacy plans that have been retired alongside the Career Trader, Foundation, and Bullion programmes.
What is the MatchTrader policy at Lux?
MatchTrader is one of two officially supported Lux platforms (alongside MT5). It is the platform of choice if you intend to automate the account via TradingView webhooks because PickMyTrade supports MatchTrader natively. MT5 accounts are not PMT-automatable, so traders planning automation should pick MatchTrader at account creation.
Can I trade with TradingView at Lux?
Native TradingView order execution into a Lux account is not a default feature. For TradingView-driven trading you have two routes: use TradingView for charting and place orders manually on MT5 or MatchTrader, or run automation via PickMyTrade which converts TradingView webhook alerts into live orders on your Lux MatchTrader account. MT5 is not PMT-compatible.
What instruments can I trade on Lux MT5?
Forex pairs (majors, minors, exotics), gold and silver, oil, and major indices on the Lux MT5 build. The instrument list varies by platform server — confirm the exact symbol catalogue in your MT5 Market Watch. Crypto is not Lux's primary instrument category. Equities CFDs are not a focus of the current product.
Are spreads competitive at Lux?
Spreads on Lux MT5 and MatchTrader are competitive with the industry baseline for prop firms. The two platforms use different liquidity providers, so the major forex pair quotes can differ slightly at any moment. If pip-tight strategies are central to your edge, compare both platforms before settling at account creation.
Is there a commission on Lux accounts?
Commission structure depends on the platform build. MT5 builds are typically spread-only with no per-lot commission. MatchTrader builds can be raw-spread-plus-commission depending on the broker bridge. The total round-turn cost is broadly similar on a per-lot basis — the visible split between spread and commission is the difference.
Does Lux offer leverage?
Yes — Lux provides standard prop-firm leverage levels on its forex accounts, typically 1:30 to 1:100 depending on the instrument and platform. Practical leverage is capped by the 6% drawdown anyway — your stop-loss size matters far more than the headline leverage figure.
Can I trade indices and metals together?
Yes — both instrument classes trade on the same 1-Stage Evaluation account. Indices and metals on a single account work as long as overall risk respects the 6% drawdown. There is no longer a separate metals-only plan (the legacy Bullion product has been retired and merged into the unified 1-Stage Evaluation).
Automation & PickMyTrade
11 answersCan I automate my Lux Trading Firm account with PickMyTrade?
Yes — but only if your Lux account is on MatchTrader. Lux supports two platforms (MT5 and MatchTrader). PickMyTrade integrates with MatchTrader but does not support MT5, so you must choose MatchTrader at account creation if you intend to automate via PickMyTrade. Lux explicitly permits copy-trading and trade-mirroring, so PMT-driven automation is rule-compliant.
Does PickMyTrade support MT5 for Lux?
No. PickMyTrade does not support MT5, MT4, or DXtrade as execution pathways. If your Lux account is locked to MT5, PMT automation is not available for that account — you would need to open a separate Lux MatchTrader account to automate via PickMyTrade. Choose MatchTrader at signup to keep automation on the table.
How does PickMyTrade work with Lux on MatchTrader?
Connect your Lux MatchTrader credentials to PickMyTrade. In PickMyTrade, go to Generate Alert to create your alert — you will receive a JSON payload and a webhook URL. Paste the JSON into the TradingView alert message box and paste the webhook URL into the TradingView webhook field. Each alert is then translated into a live order on MatchTrader. Stop-loss, take-profit, and position sizing are configurable per alert template so Lux's mandatory-stop-loss rule is satisfied automatically. Set up typically takes 10-20 minutes.
Which Lux platform should I pick if I want to automate?
MatchTrader, every time. It is the only PMT-compatible execution platform Lux currently supports. MT5 is unsupported by PickMyTrade. If you choose MT5 at signup and later decide you want automation, you would need to enroll in a new Lux MatchTrader account. Make the platform decision at the start.
Does PickMyTrade respect Lux's mandatory stop-loss rule?
Yes — every PickMyTrade alert template can require a stop-loss field. The alert will reject orders submitted without one, so you cannot accidentally send a naked position that would breach Lux's mandatory-stop-loss rule. Configure your TradingView strategy to always include sl= in the webhook JSON.
Will PickMyTrade trigger Lux's HFT rule?
No — PickMyTrade executes trades within approximately 200–500 milliseconds of receiving a TradingView webhook alert, well below Lux's 2,500-server-messages-per-day HFT threshold. The platform is designed for discretionary and swing automation, not latency arbitrage. Lux's HFT and news-bracketing bans specifically target sub-second order bursts that PickMyTrade does not produce.
Can I run multiple Lux accounts through one PickMyTrade subscription?
Yes — PickMyTrade supports connecting multiple broker accounts at the same time, including multiple Lux MatchTrader accounts. A single TradingView alert executes on all connected MatchTrader accounts simultaneously, so one alert can fire into several Lux accounts at once. Note: the Manual Trade Copier feature is NOT available for MatchTrader connections; it is only available for Tradovate and ProjectX.
Does PickMyTrade work with my own personal EA?
PickMyTrade complements personal automation rather than replacing it. If your strategy lives in a TradingView Pine script, PickMyTrade is the direct execution path to Lux MatchTrader. If your strategy lives in a personal EA on a different platform, PickMyTrade is unnecessary for that strategy. You can still use it for unrelated TradingView strategies on the same account.
How fast is PickMyTrade execution to Lux?
PickMyTrade executes trades within approximately 200–500 milliseconds of receiving a TradingView webhook alert. For discretionary and swing strategies this is more than sufficient. For sub-second tick trading no third-party automation is appropriate, and Lux's HFT ban would prohibit it regardless.
How much does PickMyTrade cost?
PickMyTrade is priced at current PMT subscription (see pickmytrade.io for pricing) with no per-trade fees and no usage limits. See pickmytrade.com/#pricing for the latest plan options. A free trial is available so you can validate Lux MatchTrader automation on an evaluation account before committing.
Where do I start with PickMyTrade for Lux?
Sign up at pickmytrade.com/signup, ensure your Lux account is on MatchTrader (MT5 is not PMT-compatible), connect the MatchTrader credentials in your PMT dashboard, paste your TradingView webhook URL into the alert, and run a small test trade to verify the round-trip. The setup typically takes 10-20 minutes for traders familiar with TradingView alerts.
Can I set trading time restrictions in PickMyTrade for Lux Trading Firm?
PickMyTrade includes a Trading Time feature available across all supported broker connections. You can configure specific active trading windows with start and end times (24-hour ET format). Any TradingView alerts received outside your configured hours are automatically rejected — no new trades are placed. Existing open positions remain active. Settings can be applied to specific accounts or all accounts at once. Full guide: https://docs.pickmytrade.io/docs/trading-time-settings/
KYC, Countries & Compliance
7 answersDoes Lux require KYC?
Yes. Lux enforces Know-Your-Customer verification at the funded-account stage and prior to first payout. Standard documents required: government photo ID, proof of address (utility bill or bank statement under 90 days old), and sometimes a selfie for liveness check. KYC is a standard UK compliance requirement.
When do I complete KYC at Lux?
KYC is requested before the first payout from a funded account, sometimes earlier at the firm's discretion. Submit documents promptly when prompted to avoid payout delays. Lux typically clears KYC in 24-72 hours for clean documents.
Does Lux accept US-based traders?
No. Lux Trading Firm does not accept US-resident traders. US residents are excluded from sign-up due to the firm's UK regulatory perimeter and the way US-resident retail forex CFD trading is treated. US traders looking for prop-firm automation should consider firms that explicitly accept US clients (FTMO, FundedNext, FundingPips, Topstep for futures).
Which countries are restricted at Lux?
Residents of countries under UK or international sanctions cannot use international wire, PayPal, or Wise for funding or payouts at Lux. Typical sanctioned-country list includes Iran, North Korea, Syria, Cuba, and a handful of others. Lux's checkout will refuse the registration if you select a restricted country.
Is Lux available in India, Pakistan, and Nigeria?
Generally yes for India and Nigeria; Pakistan may face payment-rail restrictions for international payouts. Verify your country in checkout before purchasing. Local tax treatment of payouts also differs — consult a local accountant before funding a large account.
What is the minimum age to trade at Lux?
18 years old globally. Lux's terms require all account holders to be of legal age in their country of residence — 18 in most jurisdictions, 21 in a handful. Underage accounts are refused at KYC.
Can I have only one Lux account per person?
You can hold multiple Lux accounts, but only one identity per trader is permitted. Operating two accounts under different names to circumvent rules is treated as fraud and grounds for KYC-based termination of all related accounts. Use one verified identity across all your Lux activity.
Comparisons & Miscellaneous
9 answersHow does Lux compare to FTMO?
FTMO has a 2-step 10%/5% target with 5% daily and 10% maximum drawdown, 80%-90% split, and accepts US traders. Lux runs a simpler 1-Stage Evaluation with 10%/12%/15% targets on $100K/$400K/$1M sizes, a tighter 6% relative drawdown, an 80% split, and a 2x scaling ladder to $10M — but does not accept US traders. Pick FTMO for US residence and faster funded access; Lux for the 100% fee refund and the $10M scaling ceiling.
How does Lux compare to FundedNext?
FundedNext offers 1-step (Stellar 1-Step) and 2-step models with up to 90% split and accepts US traders. Lux's current 1-Stage Evaluation pays an 80% split, refunds 100% of the fee on passing, and doubles the account 2x per scaling step up to $10M, but excludes US residents. FundedNext is generally faster and more flexible on rules; Lux is more disciplined with the deeper scaling roadmap.
How does Lux compare to The 5%ers?
Both firms emphasise a scaling-led model rather than one-and-done challenges. The 5%ers offers Bootcamp and Hyper Growth with monthly milestone progression. Lux uses a single-stage evaluation followed by 2x doublings to $10M, an 80% split, and a 100% fee refund on passing. Pick based on whether you prefer monthly milestone scaling (5%ers) or single-stage entry with deeper allocation cap (Lux). Lux excludes US traders; 5%ers does not.
How does Lux compare to FundingPips?
FundingPips is a Dubai-based firm with 1-step, 2-step, and instant funded models, typically 80%-95% split. Lux offers a 1-Stage Evaluation and Instant Funding at $400K, an 80% split with a 100% fee refund on passing, and a 2x scaling ladder to $10M. FundingPips has higher headline splits and accepts US traders; Lux has the deeper $10M scaling roadmap but excludes US residents.
Does Lux offer an affiliate programme?
Yes — Lux has an affiliate scheme that pays per-purchase commissions on referred sign-ups. Specific commission tiers and cookie durations are detailed in the partner portal. Affiliate income is taxable like trading payouts.
What customer support does Lux offer?
Live chat via the website, email ticketing, and a help center documenting the trading rules and terms. Trustpilot reviewers consistently praise responsiveness, which is a credibility signal. Response times are usually faster during UK business hours.
Does Lux have a Discord community?
Lux maintains community channels including Discord and other social platforms for traders to discuss strategy, share payout proofs, and ask questions. Independent community discussion is also active on prop-firm-review sites — verify any rule change with Lux support before acting on community posts.
Should I pick Lux or stick to manual trading?
If your edge is automatable through TradingView alerts, automating a Lux MatchTrader account through PickMyTrade removes the human-execution lag and the temptation to override a tested rule set. The 80% split applied to a scaled $400K, $800K, or larger allocation produces meaningful income on a small-percentage edge. Note PMT requires the Lux account to be on MatchTrader, not MT5.
Where do I learn more about automating Lux with PickMyTrade?
Start at pickmytrade.com and create a free account. The documentation walks through MatchTrader setup, including Lux-specific tips on respecting the mandatory-stop-loss rule, staying under the 2,500-message HFT threshold, and avoiding cross-account hedging. The free trial covers a full Lux 1-Stage Evaluation cycle in most cases. Confirm you are not a US resident before purchasing a Lux account — Lux does not accept US traders.
Other Prop Firm FAQs
Automate Lux Trading Firm in minutes
Open a Lux MatchTrader account, connect it to PickMyTrade, and send TradingView alerts straight to your funded account. PMT does not support Lux MT5 — choose MatchTrader at signup. Free trial, no card required. US residents not eligible (Lux restriction).
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