Hi Oliver , I do agree with Lux rules . They are excellent to make a trader becoming consistently profitable. I just hope Lux could give a some levy way for traders whom are in the process of their valuation stage , like some number of times violating the rules . Some time some trader at the moments trading may make unintentional mistakes . Example like missing to click the SL box and this automatically broke the rule . Hope Lux could consider 3 or 5 time breaking the rule may cause to failing .
We do not let any trader fill out the evaluation account based on a couple of mistakes. We always look at how many different mistakes and how many trades are done. As with a couple of mistakes, we only give a warning for the next stage, and when there are too many, we ask to do a part over, and only when on most trades and different rules are broken that we ask the trader to do it in full over. Also, our risk desk uses the analysis page in your trader dashboard where you can see if you keep to all the rules of our program; if you do not understand how this page or our rules work, then contact our live chat or ticket services to be sure how this works.
Hi, go to our website www.luxtradingfirm.com and choose one of the account sizes on our main page and follow the instructions. In this same window, you also have the option for a 7-day free trial first to test our program rules, see the spreads, try the trading platforms and the trader dashboard.
We understand that trading with real money and trading with virtual money is a big difference. 95% of all the rules are there to protect the real money, and as virtual money does not need to be protected, this 95% of rules are not there in this simulated virtual money prop firm. However, most successful professional traders are all trading with real money accounts with this type of rule, and they do not trade for these simulated virtual money prop firms. So, for short-term, high-risk traders who are looking to get rich quickly, these simulated virtual money prop firms are the best. For traders looking for a long-term career with consistent monthly income, it is best to choose actual real money prop firms. We do not understand how you come to these higher prices, as the 50k and 200k are the same prices as any of these simulated virtual money prop firms, but our 1 million accounts are 3-5 times cheaper than any other prop firm that offers a 1 million account size. If you buy 5 x 200k accounts from most prop firms, this will cost you around 5.000, while our 1 million account costs 1500!
@@LuxTradingFirm Your max DD is 6% for both equity and balance, evaluation is simulated, strange stop loss requirements. So it's even worse than other prop firms making money on failure fees.
@@FighterFred Our rules in the evaluation stage are the same as in real money live account stages because we want to see how you can trade with our trading and risk management rules with our real money. It has no use to give you different rules or conditions in later stages. It is always worse or stronger rules then this simulated virtual money prop as we have rules to protect our real money and the simulated virtual money prop firms do not need to protect any real money. It is the same as you play a video game of F1 cars when they are real and they crash the drive get really hurt and the damage of the car cost a lot of money, and video game nobody get hurt and no cost of the car damage.
"Real Capital Requires Real Responsibility"
I Hope to try Lux Trading soon
Hi Oliver , I do agree with Lux rules . They are excellent to make a trader becoming consistently profitable. I just hope Lux could give a some levy way for traders whom are in the process of their valuation stage , like some number of times violating the rules . Some time some trader at the moments trading may make unintentional mistakes . Example like missing to click the SL box and this automatically broke the rule . Hope Lux could consider 3 or 5 time breaking the rule may cause to failing .
We do not let any trader fill out the evaluation account based on a couple of mistakes. We always look at how many different mistakes and how many trades are done. As with a couple of mistakes, we only give a warning for the next stage, and when there are too many, we ask to do a part over, and only when on most trades and different rules are broken that we ask the trader to do it in full over. Also, our risk desk uses the analysis page in your trader dashboard where you can see if you keep to all the rules of our program; if you do not understand how this page or our rules work, then contact our live chat or ticket services to be sure how this works.
@@LuxTradingFirm thank you for reply . I m bit relieved as Lux is not too rigid over their rule .
Concerning the stable salary at lux trading firm,
Can it pay the bills of an average person residing in the UK?
if you have a 250k account why do you need a salary?
Hi, how do i sign up to creat an account so later on i can log in to Buy a challenge?
Hi, go to our website www.luxtradingfirm.com and choose one of the account sizes on our main page and follow the instructions. In this same window, you also have the option for a 7-day free trial first to test our program rules, see the spreads, try the trading platforms and the trader dashboard.
Im a US trader , hoping if I passed this I will be grandfathered or just throw me under the bus that Im not allowed to be funded. thanks
Too many rules in comparison with other prop firms and higher price make your proposal unattractive. In addition, the rules are subjective. No thanks.
We understand that trading with real money and trading with virtual money is a big difference. 95% of all the rules are there to protect the real money, and as virtual money does not need to be protected, this 95% of rules are not there in this simulated virtual money prop firm. However, most successful professional traders are all trading with real money accounts with this type of rule, and they do not trade for these simulated virtual money prop firms. So, for short-term, high-risk traders who are looking to get rich quickly, these simulated virtual money prop firms are the best. For traders looking for a long-term career with consistent monthly income, it is best to choose actual real money prop firms.
We do not understand how you come to these higher prices, as the 50k and 200k are the same prices as any of these simulated virtual money prop firms, but our 1 million accounts are 3-5 times cheaper than any other prop firm that offers a 1 million account size. If you buy 5 x 200k accounts from most prop firms, this will cost you around 5.000, while our 1 million account costs 1500!
This company is not looking for traders like you, they are looking for the elites 😂
@@LuxTradingFirm Your max DD is 6% for both equity and balance, evaluation is simulated, strange stop loss requirements. So it's even worse than other prop firms making money on failure fees.
@@FighterFred Our rules in the evaluation stage are the same as in real money live account stages because we want to see how you can trade with our trading and risk management rules with our real money. It has no use to give you different rules or conditions in later stages.
It is always worse or stronger rules then this simulated virtual money prop as we have rules to protect our real money and the simulated virtual money prop firms do not need to protect any real money.
It is the same as you play a video game of F1 cars when they are real and they crash the drive get really hurt and the damage of the car cost a lot of money, and video game nobody get hurt and no cost of the car damage.
LOL at people getting mad that a firm wants you to be careful with investors' money