Get a BIGGER drawdown limit, and BETTER RULES on our new platforms!
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- Опубликовано: 3 июн 2024
- SWITCHING OVER TO THE NEW PLATFORM WILL BE FREE FOR EVERYONE!
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We're making our rules easier for you!
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The switch to the new platforms is free of cost and anybody who switches straight away benefit from the new rules not need to buy a new fresh account.
Awesome ! I will join Lux once the platform is released. Really excited about these new changes.
Good news and great job thanks
Patiently waiting for the new platform with tradingview and I'm definitely signing up
HELL YES 6% DD AND MULTIPLE STRATEGIES ON ONE ACCOUNT
Most elite prop out there. If you guys are really going to create friendlier rules and maintain the high quality elite will be really great.
Thanks for your feedback.
I’ve been waiting for months for this, so exited for the swap free accounts
I cannot wait to start trading with Lux!
Nice moves!
What is the leverage on the new platform?
I'm waiting for the mt5 platform, and for the minimum stop loss of 5 pips rule. Everything else looks very good.
tick-toc tick-toc! Looking forward to this guys, great news!
Nice development. I'm coming straight for the 1MM account
Hi Oliver, so with the merge of CFDs, Indeces & Forex under CFD account, that means I can trade these different class assets not limited to Forex only, am I right?
Trader could adjust the front size of the price scale from large to small*
Why do we have to switch form MT4 to MT5 for the new rules? What is the difference?
So glad TV is coming back soon, it was such a pain using MT4.
Yes, we all are.
So gold, $3.00 now $1.500 SL right, unless news event? What news events, will we be warned about this, like a warning on the platform or something? Like what news events will be classed as SL reduction news and events?
looking for better updates
Do right by your old users by implementing the new rules for your old customers.
Everybody can have the new rules, just use the new TV or MT5 platform
Can you please mention what the leverage will be when MT5 and Trading View rolls out? Can't find it anywhere.
1:30 for FX, 1:10 for Indices and Metals, 1:5 for Stocks and Cryptos. This information is to be find in our trading rules page on our website.
So what dose this mean for multiple accounts could I trade them the same or do I still need to have different strategies for different accounts
You can trade the same if you switch them to the new platform.
Hi that's great to hear! Can I ask when my 1m account is transferred to the Lux Tradingview will the MAX drawdown automatically change to 6% from the 5% in challenge (or 4% in live)? Thanks in advance
Hi, this will happen this weekend and all the new rules will apply.
@@LuxTradingFirm Great thanks for the reply!
ok what about mobile version?I know I can use use mt4 and 5 as an application on my phone, what about lux trader and trading view
Our new platform is web based so works as well on any mobile.
Great developments.
Are you considering introducing Futures too? Looking to trade mainly YM (on CBOT) and Dax futures (on Eurex)
Not at this moment but you never know what the future will bring.
@@LuxTradingFirm Please do consider this. There is large number of purely futures traders out there, who would gel well with your risk management and trading philosophy.
Joins the request 😊
Hello, i'm not a member yet but i would like to ask if these new rules work on MT4 or only in MT5 and other new platforms ?, thanks in advance.
They will work on the new platforms The Lux Trader with Trading View and the MT5 not on MT4.
Will I have to pay/resit the evaluation to move to the new platform? - been waiting for it for a while as I hate mt4, I assumed would just be something I could just easily switch to…
Everybody can switch to the new platform for free without paying a reset fee.
@@LuxTradingFirm does that mean you would also benefit from the new rules aswell? Or would that require a fresh account
@@certaindeath2202 You can switch for free and straight away benefit from the new rules not need to buy a new fresh account.
If i have 1-Stage Evaluation accounts ,and i have already made some trades.When I upgrade to a new platform,Do I need to start over?Is the profit before the upgrade effective?
No, you will continue with the balance and the active days when switch over to the new platform.
After using the new rules, how many 1-Stage Evaluation accounts are allowed for each person, and what asset class are they?
After the new rules, you can have a maximum 3 accounts, one CFD account, one Stock account and one Crypto account.
What about Daily DD rules?
We have no daily dd rule.
If I move my stop on my winning trade to breakeven thats automatic fail right? because its not 5 or 10pip SL its 0 pip SL :)))
I haven't asked them but I'm on a challenge and have been doing this and they haven't said anything
Moving up your SL to break even or in profits is always allowed.
6% DD is great news for traders at Lux . I would like to clarify this matter, will the target profit of 4% maintained in advanced valuation stage ?
Yes, this all stay the same.
@@LuxTradingFirm noted . Thank you
Very glad to hear this good news . It’s been very difficult for me trading in mt4. I’m also bit curious here about Lux trader with Trading view . Is it a single platform or two separate platforms?
The Lux Trader is one web browser platform that is build around the Trading View charting and trading platform. You can see on this domain how it will look: theluxtrader.io/
Noted. Thank you .
It says you can trade any instrument your broker Global Prime. So can you trade bonds?
If our broker has bonds then yes.
@@LuxTradingFirm Your rules state "You can have one account per asset class (Forex, Indices, Commodities) - meaning a maximum of 3 accounts in total." So this mean you can't if I get a $100,000 account for evaluation and I place an FX trade. I will be prohibited from opening Indices and Commodity trades on that account? Does this rule still stand? I am asking because I don't know if the Trading Rules on your website is uptodate. Thanks
@@MojoMachin3 Hi, in the video above we state our new rules on our future new platforms, so our rules on our website are still related to our broker MT4 platform.
Its not clear to me if there is a difference between TV and MT5 in terms of assets/feeds/spreads etc
Are we choosing simply based on platform prefence or hased on what we want to trade.
I'm interested in the 1k+ stocks
Maybe a new video on the difference and what we should consider before deciding.
Also can we switch between tv & mt5
There is no difference between the TV and MT5 regarding assets/feeds/spreads or anything. The only difference is the type of platform. You can switch one time for free from the MT4 to the TV or to the MT5 platform. Also, you will get the chance first to try a 7-day free trial before you want to switch.
@@LuxTradingFirm well thought out. That sounds great.
what about cTrader?
These rules are only introduced on our own new platforms The Lux Trader and MT5 and not on the broker platforms who has MT4 and in the future C-Trader.
will it include the people who bought the 1 million evaluation for the increase on drawdown?
Yes, for everybody also the 1 million accounts and the 1 million accounts can now choose if they want to switch to Lux's TV or MT5 platform.
@@LuxTradingFirm Thank you for your reply!
@Olivier, I can one withdrawal vie Bitcoin or Can you Transfer direct to Nigeria Bank Account
Yes, our traders can withdraw via crypto, and we also can make direct bank transfers as long your bank is not on any sanction list.
ok thanks
is trading view platform realised
Almost, we expect in the next 2-3 weeks.
thanks so much for your feedback
Hi. The stocks account has differrent rules?
No, as all our rules are based on protecting our real money so our rules are the same for all asset classes as you can lose our money in all asset classes.
@@LuxTradingFirm so i Can buy 100k Stock account with 6% DD?
@@miklosafra9534 yes, when the new platform is ready.
Earlier, we could have multiple accounts for Forex, Commodity and Indices and increase them to 10 million, now that they are merged can I still have multiple accounts and increase them to 10 million?
Yes, you can.
So will MT4 still be available?
I’m wondering this too, does this mean that you’ll be removing MT4 entirely? I surely hope not…
Not at this moment but sooner or later, everybody will stop with the MT4 as the developer MetaQuotes want that the MT5 will be the leading platform as it is better and more modern.
@@Wxy627 What is it that hold you so much on the MT4 when you know the MT5 is exactly the same as MT4 only better?
@@LuxTradingFirm I use a number of tools and proprietary indicators that are for MT4 and don’t know MT5 language so if you remove the option entirely to use MT4 I won’t be able to trade with you. I know that for many people who don’t use anything special MT5 would likely be “better”, but maybe you guys might consider keeping MT4 as a long term option for those of us that are so used to it since you already offer it anyway
@@Wxy627 Hi, it is not in our hands but in the developer of the MT4 as they do anything to get the traders sooner or later to switch to MT5. They first stop with the MT4 license, then with labels and soon they will let all brokers also switch to MT5, and then they will stop. So, this can take months or years but not forever, so better change your EAs or look for similar EAs on the MT5 and invest in the future and not in the past.
When you will have crypto ?
We alaready offer Cryptos at this moment.
@@LuxTradingFirm why you say then that you are introducing cryptos in the video ?🤔
@@philcorleone5750 We say we will introduce a particular account with up to 1000 cryptos on this new platform but at this moment if you want to trade cryptos this is already possible on the MT4 by our broker Global Prime.
@@LuxTradingFirm will the commissions be better than the one you have now ?
@@LuxTradingFirm will the commissions be better than the ones you have now ?
Wow! I admit I wasn't expecting this news, just to clarify I can switch to Lux Trader and the new rules from MT4 when it goes live, just by emailing you?
Yes, that is corect.