Lux Trading Firm Reviews 

631
TrustScore 4 out of 5

4.0

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Rated 5 out of 5 stars

I have researched many prediction market models, must say Lux has the best in my cocky opinion. Smooth and has the functionality that is expected. They also had a prediction market contest of which I... See more

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Rated 5 out of 5 stars

Switching to Lux was a great move. Unlike other firms with complex two-phase challenges, their 1-stage evaluation is very straightforward. It feels much more realistic and doesn't force you to rush yo... See more

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Rated 5 out of 5 stars

I wud give these guys 10/10 its jst the withdrawal time frame is the biggest issue most prop firms that trade live accounts avail withdraws on adaily, but this takes amonth which is abit annoying but... See more

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Rated 2 out of 5 stars

The spread is sometimes ridiculously inflated. They also stop you out at the available bid/ask instead of the latest filled bid/ask. This way you get stopped out of a trade when it never hit the act... See more

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Company details

  1. Alternative Financial Service
  2. Career and Education Provider
  3. Currency Exchange Service
  4. International Trade Consultant
  5. Investment Bank
  6. Stock Broker

About Lux Trading Firm

Written by the company

Become a Career Trader with Fully Funded Trading Accounts up to $10,000,000

Lux Trading Firm is a trusted and well-known Prop Trading Firm.

The Lux Career Trading Program allows you to trade any symbol on our trading platforms that our current broker offers, using any trading strategy. You can use certain EA's, trade the news, and leave positions open over the weekend.

Our best prop traders are offered to become a Fund Manager via The Lux Career Trading Plan, and trade a Fund Manager live account of more than 10 Million US$.

Lux Trading Firm offers a 7-day free trial to any trader who wants to know how our Career Funded Trading Program platforms, new upgraded trader dashboard, trading rules, and risk management works.

Visit our website

Explore our trading rules

Contact info

4.0

Great

TrustScore 4 out of 5

631 reviews

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4.0

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(631)

22 reviews in the last 12 months

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Rated 2 out of 5 stars

Inflated spread and stupid fillings

The spread is sometimes ridiculously inflated. They also stop you out at the available bid/ask instead of the latest filled bid/ask. This way you get stopped out of a trade when it never hit the actual price. And when the spread is inflated you get stopped out while it is far away from the actual stop price. In rare occasions you could get stopped out immediately when entering a trade. This is not how a trading platform should behave. There are better alternatives with accurate market simulation.

Edit: this is a review of the stock cfd program.

December 2, 2023
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Reply from Lux Trading Firm

Hi JvdW,

Trading cash stock is different from trading stock on CFDs. We made this video about it and also warn about this in our trading rules pages: https://www.youtube.com/watch?v=xC6_zvBJy4w

We also warn in this same rules page that trading on small caps (stocks not listed on the US30, SP500 or Nas100 list) is not allowed to trade overnight because of this spread widening. Also, we explain that most small-cap stocks need some time by the opening of the market to get all liquidity back in the markets, and until then, you can still have wide spreads that you can see very clearly in your chart or your order panel.

If you did not read our rules, see this video or did not look at the spreads by opening the markets, then it is expected this can happen to you. The best is to ask us, and we will have to explain and advise you on the best way to trade this situation. As most CFD traders know, with rollover time, there is a spread widening and what to do.

We do not offer market simulation, but we offer real data from real LPs. For that reason, you have this spread-widening situation as simulated virtual money programs don't have real market spread widening. This is nice for the trader, but you can’t then trade on real money accounts if you are only used to simulated trading games.

Lux Trading Firm

Rated 5 out of 5 stars

I went to Lux´s website and had great…

I went to Lux´s website and had great service from the first moment I stepped in.The chat guy/gal was very professional when it came down to the nitty-gritty of trading and was very helpfull, when I was evaluating would be day-trading strategy be a fit for Lux. I was impressed by the level of real trader information in a real world and that "got me", Usually service is not so good or subpar. Now, made a purchase via bank-transfer and after 24 hours my account is up and running. Thank you from Ylläsjärvi, Finland !

December 8, 2023
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Reply from Lux Trading Firm

Hello Markus,

Thanks for your excellent feedback about our services and our live chat support.

Lux Trading Firm

Rated 5 out of 5 stars

Trading Evolution: MT5 is the Future!

Having traded on both MT4 and MT5, I can confidently say MT5 is the future. It's more intuitive, faster, and just packed with features that MT4 can't touch. Lux Trader has done an amazing job integrating it, making the whole experience seamless. MT4 had its time, but if you want to be on the cutting edge of trading, MT5 is the way to go. I’m glad they moved there.

October 23, 2023
Unprompted review
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Reply from Lux Trading Firm

Hello Jude,

Thanks for your excellent feedback and 5-star review.

Lux Trading Firm

Rated 5 out of 5 stars

Lux's Got the Goods

Trading’s not just charts and numbers; it’s about the platform too. And Lux nails it! That MT5 platform is a beauty, and the support team is on their A-game.

November 29, 2023
Unprompted review
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Reply from Lux Trading Firm

Hello Peter,

Thanks for your excellent feedback and 5-star review.

Lux Trading Firm

Rated 5 out of 5 stars

The platform’s user-friendly interface…

The platform’s user-friendly interface and the responsive customer service team add to the exceptional experience. It’s clear that Lux prioritizes user satisfaction and strives for excellence in every update.

December 6, 2023
Unprompted review
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Reply from Lux Trading Firm

Hello Sara,

Thanks for your excellent feedback and 5-star review.

Lux Trading Firm

Rated 5 out of 5 stars

I trade with many different prop…

I trade with many different prop companies and this is by far the best experience I've had so far. The reason is that with the perfect tradingview integration, I did not encounter any problems such as lag, delay, or late intervention caused by the application crashing during trading, which you may encounter in other trading applications. I'm thinking of experimenting a little more and transferring all my funds here. Thank you for the unique experience.

December 1, 2023
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Reply from Lux Trading Firm

Hello Evgin,

Thanks for your excellent feedback and 5-star review about our Lux Trading View platform.

Lux Trading Firm

Rated 5 out of 5 stars

All nice on…

All nice on Lux...execution,spread,dashboard,trading toll and costumer service. Thank you Lux iven i blow my acc for gambling...lets try next time more educate.Very god Rules for trader no for gambler.

December 2, 2023
Unprompted review
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Reply from Lux Trading Firm

Hello,

Thanks for your feedback and review.

Lux Trading Firm

Rated 5 out of 5 stars

Great experience

Lux Trader’s MetaTrader 5 platform boasts an impressive range of 500 cryptos! Their offerings have broadened my trading horizons. Truly unparalleled!

December 1, 2023
Unprompted review
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Reply from Lux Trading Firm

Hello Apo,

Thanks for your feedback and review.

Lux Trading Firm

Rated 5 out of 5 stars

Very good platform

November 30, 2023
Unprompted review
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Reply from Lux Trading Firm

Hi,

Thanks for your feedback and review.

Lux Trading Firm

Rated 5 out of 5 stars

EXCELLENT PLATFORM FOR BEGGINERS

I struggled for a long time to find platform that will have time and patience in order to teach me trading.Luckily i found Luxtrading and since then my carrer started improving and becoming the better everyday.I was amazed by patience and goodwill these people have in order for me to become better trader and better entrepreneur.If there are other people like me struggling,then LuxTrading is perfect choice for you.When i become best version of myself,it will be beacuse of them.

October 7, 2023
Unprompted review
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Reply from Lux Trading Firm

Hello Milos,

Thanks for your excellent review and feedback.

Lux Trading Firm

Rated 1 out of 5 stars

No answere No answere

November 26, 2023
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Reply from Lux Trading Firm

Hi Oleg,

What do you mean by no answer? We do not see any live chat history also not in our ticket services! Who did you contact?

Lux Trading Firm

Rated 4 out of 5 stars

The Lux Trading platform was easy to…

The Lux Trading platform was easy to use during my 7days trial period!

November 15, 2023
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Reply from Lux Trading Firm

Hello,

Thanks for your excellent feedback about our trading platform and 7-day free trial.

Lux Trading Firm

Rated 5 out of 5 stars

Good 👍

Good 👍. Nice experience and super platform for trading.

November 21, 2023
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Reply from Lux Trading Firm

Hello,

Thanks for your feedback and 5-star review.

Lux Trading Firm

Rated 5 out of 5 stars

Friendly operators and great system.

Since my native language is not English, there are many things I don't understand and I ask many questions.
The chat is in my poor English, but the friendly operator answers quickly and clearly.
The dashboard is also very easy to use and allows easy risk calculation, which is a lifeline for traders.
When I read the trading rules, I feel that they are packed with the fundamentals that are important to survive in the market over the long term.
With generous support
I feel that this is a very nice service that has established a system that allows me to grow as a trader while fixing what is wrong with me. Thank you very much.

November 22, 2023
Unprompted review
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Reply from Lux Trading Firm

Hello,

Thanks for your excellent feedback about our chat support and our trader dashboard.

Lux Trading Firm

Rated 3 out of 5 stars

Disrespectful

In summary, I had contacted their support regarding their trading rules. After some back and forth emails, I concluded that their rules do not align with my edge. However, they added in that email that they cannot adjust their rules for me, and they wish me the very best elsewhere. That last part was really unnecessary and disrespectful. I'm well aware of that myself!

November 20, 2023
Unprompted review
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Reply from Lux Trading Firm

Hello Joeri,

We can't discuss and adjust our trading rules for every independent trader who wants to try our funded program. After you let us know this will not be for you, we reply that we wish you the best elsewhere! That is disrespectful that we wish you the best!

Lux Trading Firm

Rated 3 out of 5 stars

I didn't see the interface as crypto…

I didn't see the interface as crypto exchangea where I can put the amount in dollers and use leverage which is very much conviniant as a crypto trader rather than having the one you have like mt4 with lot sizes stuff other than that your system is very much smooth to trade

November 6, 2023
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Reply from Lux Trading Firm

Hello,

Thanks for your feedback and review. It is correct that trading Crypto based on CFDs on a trading platform like the MT5 differs from this web-based Crypto exchange offer. We also offer a different platform based on Trading View that will be more trade-friendly.

Lux Trading Firm

Rated 5 out of 5 stars

Very useful for small investors who…

Very useful for small investors who wants to learn Basics of investments & how to read charts and play with charts.
Drawing tool bars & indicators serves the purpose. Only issue I faced is if I keep the session open for long time, sometime chart disappears & Need to re-login again.

November 10, 2023
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Reply from Lux Trading Firm

Hello,

Thanks for your nice feedback and review.

Lux Trading Firm

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