Hi Brandon, if you look at our RUclips channel you see many interviews with traders who completed the Evaluation stages or other stages and confirm that they get their profit split! See here one example: ruclips.net/video/3re1_e4FKtU/видео.html
I think lux is my choice prop firm to build a trading career. I love the plan and the features. I am in the process of making payment. Although I won't like to disclose myself when I excel by the grace of Jesus.
I have 2 questions please. 1) Would the payouts be taxable as actual trading income or just a regular job income being payed by a company? 2) Do you have a trading floor/office in London that we can visit?
1. You will earn a profit split from a speculative trading account based on a freelance agreement, so any trader should fix their taxes in their own country. You do not work for us for a steady basic salary as an employee as this will be impossible as you have no idea what your earrings are each month and you will not know how long you work because if you exceed our max 4% dd level, you will go two stages back and you could end up in the first stage again depending on where you are and what your results are. 2. We have no trading floor/office for traders in London as we are an online prop trading firm because if we chose for the old fashion prop trading firms way with a trading floor or education office, we would have to charge much more fees and also monthly and we will be restricted to traders who live around London and not as now for a low one-time fee offer to traders all over the world.
We allow EAs that are created by the trader (trader’s intellectual property). EAs that are developed by a third party, is 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. One can use a third party EA as a tool to support your strategy without a trade execution option. Always make sure the EA places a stop with the order; together with the order, not afterwards (modify order) as our risk management will close the trade immediately!!!
Hi, very interested. Does your funding program offer traders who trade crypto on btc, eth or other respectable altcoins like Dot, Ada, Link & Uni and etc? Yes, risk management is critical. Always put stop loss. Thank you very much. Have a nice day.
Hi Piper, at this moment we do not offer any crypto trading in our program as our company and investors do not want to invest in ultra-high real money crypto trading accounts yet as we do with all the other asset classes like FX, Indices, Commodities, Stocks and Bonds but this could change in the future. We know many others do offer crypto trading in their funded programs but they all offer virtual money so it is easier for them to risk virtual money than we only offer real money accounts.
Our program is not for high-risk traders or gamblers who want to risk our real money to rush to the profit target in 3 days! There are a lot of virtual money games on demo accounts offered; they are called challenges where you can risk their virtual money and rush to the profit targets in 3 days. We offer a career in trading where we trade with real money and ultra-high accounts and where no professional career trader thinks about how to make 6% in 3 days. So if you think you can complete our evaluation account in 3 days then we are not the right prop firm for you.
@@mikel5181 We are 30 years in the asset management trading business and in the last 30 years, the only thing that changed in trading is we went from personal man to man placing orders to electronic and online placing orders, but the risks and trading styles are all still the same no matter what sales guy give a different name to it these days! You speak about high leverage trading accounts, the only problem is that no real big money investor, banks, hedge funds or asset management departments who could give you these ultra-high real money accounts will never let you trade with these very high leverage accounts where you think you can make 6% in one trade or one day. We are sorry to see that so many young new inexperienced retail traders are sold that trading on a high leverage account will make you a steady income in trading. Only brokers, or someone who benefits from your loss, would want you to use more leverage, not less!
@@mikel5181 if you can make that kind of profit, why do you need to work for a prop firm? Trade your own account and make yourself a millionaire. 5% a day means every month you can double your account. At this rate it doesn't even matter how much money you start with, you can make yourself a millionaire in a year or two.
Can't wait to see traders who completed the challenge and proff of payout!
Hi Brandon, if you look at our RUclips channel you see many interviews with traders who completed the Evaluation stages or other stages and confirm that they get their profit split! See here one example: ruclips.net/video/3re1_e4FKtU/видео.html
This isn't a new prop firm, dude.
I'm the last one Great thanks, Oliver 😊
I think lux is my choice prop firm to build a trading career. I love the plan and the features. I am in the process of making payment. Although I won't like to disclose myself when I excel by the grace of Jesus.
I have 2 questions please.
1) Would the payouts be taxable as actual trading income or just a regular job income being payed by a company?
2) Do you have a trading floor/office in London that we can visit?
1. You will earn a profit split from a speculative trading account based on a freelance agreement, so any trader should fix their taxes in their own country. You do not work for us for a steady basic salary as an employee as this will be impossible as you have no idea what your earrings are each month and you will not know how long you work because if you exceed our max 4% dd level, you will go two stages back and you could end up in the first stage again depending on where you are and what your results are.
2. We have no trading floor/office for traders in London as we are an online prop trading firm because if we chose for the old fashion prop trading firms way with a trading floor or education office, we would have to charge much more fees and also monthly and we will be restricted to traders who live around London and not as now for a low one-time fee offer to traders all over the world.
Can u use EA’s?
We allow EAs that are created by the trader (trader’s intellectual property). EAs that are developed by a third party, is 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.
One can use a third party EA as a tool to support your strategy without a trade execution option.
Always make sure the EA places a stop with the order; together with the order, not afterwards (modify order) as our risk management will close the trade immediately!!!
What is the retest fee of fail account
Hi Solomon, that is 250 GBP for all account sizes.
Hi, very interested.
Does your funding program offer traders who trade crypto on btc, eth or other respectable altcoins like Dot, Ada, Link & Uni and etc?
Yes, risk management is critical. Always put stop loss.
Thank you very much. Have a nice day.
Hi Piper, at this moment we do not offer any crypto trading in our program as our company and investors do not want to invest in ultra-high real money crypto trading accounts yet as we do with all the other asset classes like FX, Indices, Commodities, Stocks and Bonds but this could change in the future. We know many others do offer crypto trading in their funded programs but they all offer virtual money so it is easier for them to risk virtual money than we only offer real money accounts.
If I complete the evaluation in 3 days need I still to wait 30 days to get the next step?
Our program is not for high-risk traders or gamblers who want to risk our real money to rush to the profit target in 3 days! There are a lot of virtual money games on demo accounts offered; they are called challenges where you can risk their virtual money and rush to the profit targets in 3 days. We offer a career in trading where we trade with real money and ultra-high accounts and where no professional career trader thinks about how to make 6% in 3 days. So if you think you can complete our evaluation account in 3 days then we are not the right prop firm for you.
@@LuxTradingFirm if you now about smart money traders or bank style traders you will now that you can make on a risk 0.5% more than 10% In 3/5 hours
You don't find every day the same setup but it's possible to make more than 6% In 1 day without risking so much and without gambling
@@mikel5181 We are 30 years in the asset management trading business and in the last 30 years, the only thing that changed in trading is we went from personal man to man placing orders to electronic and online placing orders, but the risks and trading styles are all still the same no matter what sales guy give a different name to it these days! You speak about high leverage trading accounts, the only problem is that no real big money investor, banks, hedge funds or asset management departments who could give you these ultra-high real money accounts will never let you trade with these very high leverage accounts where you think you can make 6% in one trade or one day. We are sorry to see that so many young new inexperienced retail traders are sold that trading on a high leverage account will make you a steady income in trading. Only brokers, or someone who benefits from your loss, would want you to use more leverage, not less!
@@mikel5181 if you can make that kind of profit, why do you need to work for a prop firm? Trade your own account and make yourself a millionaire. 5% a day means every month you can double your account. At this rate it doesn't even matter how much money you start with, you can make yourself a millionaire in a year or two.