Very, Very Proffessional. Im really glad I fount Lux TRADING. Even tho it looks like I have to reset my Account for the secont time xD, Im Confident with time and patience I can get to those heights. Who cares if it takes 1, 2 or 3 years to go to these big numbers? You will get there eventually so why rushing?
Hi Daniel, we do not provide numbers as many firms do for marketing purposes as nobody who asks for it can check it anyway. As most of the prop firms focus on marketing profit split, prove of payments, and how many traders they have, we are marketing more that we are the only prop firm which proves that our traders get real live money accounts and that all our trader's trades are really placed in the market, and their trades get filled by genuine big bank liquidity providers. Most prop firms need enormous numbers of traders as they need their fees to payout their winners as where our trader's profits are from the markets. Also, we are looking for traders who want to build up a career in trading and not looking for a firm with the most traders so they can follow the crowd. But I can tell you that we have traders in each stage of our program, but most of our traders prefer not to be used as marketing martial, especially those in higher stages. But we do have a couple of video’s of traders from different stages on our RUclips channel if you want to see different traders experience in our career program.
just curiuous the old profit split is 65% now its 75% what happen? also will in the future it increase? nowadays propfirm do 90% profit splits is it actually sustainable for prop? or 75% is the best. hope u can clarify tq😁
We increase it so still career traders want to trade for real money prop firms and the different with simulated virtual money prop firms is not to big. The problem is that we need to live from this profit share and simulated virtual money prop firms don't. We do not plan to increase it. Else we also need to trade against our own traders like this simulated virtual money prop form does.
Am impressed by the way Lux groom traders and looking forward to be part of it. But this video is making me a bit nervous because of the 1% per week wich is extremely high. I am working on 1% per month considering the stipulated dd from Lux . Is really difficult .
Hi, everybody has their own targets and goals, so no need to go for 1% per week. But 2-4% per month are realistic and normal numbers in the asset management world when trading a Forex management account so we had this calculated based on that. As well we have a lot of new young traders who all learn that 10% per month is a normal standard to earn or even more and that is also get promoted not only by the prop firms who offer these challenges but as well by educators and online trading influencers! This is the reason why we show this video that with a more realistic profit target and time frame you can get a six or seven-figure income as well and not need to gamble all day long. So if you feel good to go for 1% per month then this is what you should do. We always encourage our traders to take all the time they need and focus more on the drawdown and protect the capital instead of focusing only on profit targets and rushing to make it too fast. In the end, you get rewarded by the results and the growth of your account and when risk too much you end up with nothing.
I think I like Lux trading firm. I will be building a career with you people to reach the fund management level, that's my goal. I have made my payment.
People forget that a 'real' prop firm works exactly like this. The 10% drawdown type of challenges are simply not trading but gambling. You need to gamble in order to pass.
Agreed. If people are disagreeing they don't realize that the only thing you actually trading is a demo account with the amount you have in drawdown. You overleveraging it even with that 'apparent' sound risk management you think you should use.
Hi Chris, the best is to avoid risking more than 5% per trade or divide the max 5% if you trade with multiple trades simultaneously from the available risk capital you still have in your account. The max available risk capital is the max drawdown level, and this amount and levels can see in our trader dashboard.
Hi.. I have some question: 1. Can i using averaging strategy? 2. Hold position overnight and overweek? 3. Drawdown 5% from start balance or from equity+ frofit?
Hi, 1. If you mean any system based on a “negative outcome” of the actual trade, like averaging down, or Martingale, then this is not allowed, as we trade with real money accounts and do not want our traders to lose or blow up their account sooner or later with this type of trading strategies. Most virtual prop firms do not mind if you use this, as they are not hurt when you lose their virtual money. 2. Yes, you can hold positions overnight and over the weekend. 3. The max drawdown is based on the relative from the highest balance.
We have three different sizes of evaluation (demo) accounts. All accounts sizes can grow up to $ 2,500,000 Expert (live) account. The ONE TIME enrollment fee for each evaluation (demo) account is: 5k size is £299 (Grow in 7 stages to a $ 2,500,000 Expert (live) Account) 10k size is £399 (Grow in 6 stages to a $ 2,500,000 Expert (live) Account) 15k size is £499 (Grow in 5 stages to a $ 2,500,000 Expert (live) Account) Every trader that passes the evaluation (demo) account stage will receive a 100% refund of their paid fee. Every time the trader generates a profit equivalent to 10% on professional trader accounts, we will upgrade your account to the next stage until you reach $2,500,000. There is no time limit to reach any profit target in any of the stages.
@@LuxTradingFirm you take 25-50% from the profits traders make. In the video, has those percentages been taken off from the "weekly earnings" you present in the video?
@@Laurikoivisto First of all, we do not take any money from the traders as this money is ours, so we give our traders 50-75% of the profits they make with our money. Second of all, this calculation in the video is based on the old profit split of 65% on all account stages, so it will now be a little different. This video was meant to show to high-risk traders and gamblers who prefer these challenges on virtual money accounts with their high unrealistic profit share and big drawdowns that with normal and realistic trading rules and risk management, you can also make a nice income.
Hi Ayub, I think you miss the msg of this video! No real live money account prop firm program can earn anything if they give 75% or higher profit split to their traders. The firms who do are only do this to get new traders as they need fees to pay out the winners. This is what we try to explain in this video!
@@LuxTradingFirm. Bro i can't believe you are giving 10 million account for traders. I agree with you on 75% part. Now my question is how many days well a trader get to trade that the account cause alot of prop firms only give one month to trade funded live account. Also do you pay through deel?
@@changchadchanamdong2668 Hi, we have no maximum time limit to reach any of our profit targets in any of our stages. We payout via, direct bank transfer, wise.com or cryptos.
I've heard that Lux trading does not fund the traders even if the trader passes all the challenges. I hope it is not true because every trader puts a lot of efforts. It's better to clarify each step and requirements by lux trading firm
Hi, we fund all our traders who pass. Only some traders think reaching the profit target as soon as possible is all there to pass. We are not like this simulated virtual money account prop firms who do not care how you reach your target as they do not risk their own money. We offer real money accounts, and this comes with real responsibility and actual trading and risk management rules. The traders who complain and make you believe that we do not fund our traders are the traders who never read our rules, and when they reach the target, our risk desk only shows them what rules they break. Every trader who signs up by us needs to confirm twice that they read and understand all our trading and risk management rules, we offer a 24/6 live chat and 24/7 ticket services, 2 phone support desks and a 7-day free trial so all traders can understand our trading rules before they start our evaluation account. Then there are still some traders who did not read these rules, and after we even offered them a free reset account to do it over and, this time, keep to all the rules we showed they broke, they screamed in their frustration that we did not fund them!
Very, Very Proffessional. Im really glad I fount Lux TRADING. Even tho it looks like I have to reset my Account for the secont time xD, Im Confident with time and patience I can get to those heights. Who cares if it takes 1, 2 or 3 years to go to these big numbers? You will get there eventually so why rushing?
Hi lulzim, thanks for your feedback and you are right about why rushing! It is more important to reach your goal.
As a fellow from Greece this kind of income is extremely high as long as 1% per week is reached so there's really no need to gamble
Χαίρομαι που δεν είμαι ο μόνος εδώ μέσα
Ακριβώς υπονη και πειθαρχια διότι όπως λες και με 1% είναι όντως υπέρ αρκετά
Absolutely we needed profirms like this which helps the traders ..
what if a trader, with good risk management, whom risk 1% of his accounts size and he average win is more than 1% return per week, is it allowed
Curious on how many traders are now in each stage for Lux for professional onwards? Maybe a rough estimate?
Hi Daniel, we do not provide numbers as many firms do for marketing purposes as nobody who asks for it can check it anyway. As most of the prop firms focus on marketing profit split, prove of payments, and how many traders they have, we are marketing more that we are the only prop firm which proves that our traders get real live money accounts and that all our trader's trades are really placed in the market, and their trades get filled by genuine big bank liquidity providers.
Most prop firms need enormous numbers of traders as they need their fees to payout their winners as where our trader's profits are from the markets. Also, we are looking for traders who want to build up a career in trading and not looking for a firm with the most traders so they can follow the crowd. But I can tell you that we have traders in each stage of our program, but most of our traders prefer not to be used as marketing martial, especially those in higher stages.
But we do have a couple of video’s of traders from different stages on our RUclips channel if you want to see different traders experience in our career program.
Hi, if The MAXIMUM RELATIVE DRAWDOWN is 6% in your Challenges, what kind of the risk per trade do you suggest or permit? Please advice.
Can't wait to trade for your firm one day.. for now I'm still studying the charts.
Me too. 🙂
@@neilhess2518dont
Do you require minimum trading days in the stage 1?
Yes, we have minimum trading days in all of our stages and in this video Oliver explain why we have that: ruclips.net/video/3nR1hOzuLHo/видео.html
just curiuous the old profit split is 65% now its 75% what happen? also will in the future it increase? nowadays propfirm do 90% profit splits is it actually sustainable for prop? or 75% is the best. hope u can clarify tq😁
We increase it so still career traders want to trade for real money prop firms and the different with simulated virtual money prop firms is not to big. The problem is that we need to live from this profit share and simulated virtual money prop firms don't. We do not plan to increase it. Else we also need to trade against our own traders like this simulated virtual money prop form does.
Looking forward to the future with Lux.
Am impressed by the way Lux groom traders and looking forward to be part of it. But this video is making me a bit nervous because of the 1% per week wich is extremely high. I am working on 1% per month considering the stipulated dd from Lux . Is really difficult .
Hi, everybody has their own targets and goals, so no need to go for 1% per week. But 2-4% per month are realistic and normal numbers in the asset management world when trading a Forex management account so we had this calculated based on that. As well we have a lot of new young traders who all learn that 10% per month is a normal standard to earn or even more and that is also get promoted not only by the prop firms who offer these challenges but as well by educators and online trading influencers! This is the reason why we show this video that with a more realistic profit target and time frame you can get a six or seven-figure income as well and not need to gamble all day long. So if you feel good to go for 1% per month then this is what you should do. We always encourage our traders to take all the time they need and focus more on the drawdown and protect the capital instead of focusing only on profit targets and rushing to make it too fast. In the end, you get rewarded by the results and the growth of your account and when risk too much you end up with nothing.
@@LuxTradingFirmI love this
@@LuxTradingFirm is real
I think I like Lux trading firm. I will be building a career with you people to reach the fund management level, that's my goal. I have made my payment.
Hey Bro am a Nigerian pls can we chat on wats app?
@@markobazu4348 hi, you can come to our website and ask us anything on our 24/7 live chat: www.luxtradingfirm.com
Men aksiyalarda swing treydingni yowtiraman lyuks bunday treyderlar uchun toʻgʻri qarormi
From my research I think this is the best prop firm around. I'll be registering soon 😁, when I'm done with my backtesting and scale up to $10m
Dont
People forget that a 'real' prop firm works exactly like this. The 10% drawdown type of challenges are simply not trading but gambling. You need to gamble in order to pass.
That’s a big lie . They are just giving you reasons for their services .
That's a lie. The drawdown means you need to practice risk management
Agreed. If people are disagreeing they don't realize that the only thing you actually trading is a demo account with the amount you have in drawdown. You overleveraging it even with that 'apparent' sound risk management you think you should use.
What is the recommended risk per trade to gain 1% per week without breaking the trading rules?
Hi Chris, the best is to avoid risking more than 5% per trade or divide the max 5% if you trade with multiple trades simultaneously from the available risk capital you still have in your account. The max available risk capital is the max drawdown level, and this amount and levels can see in our trader dashboard.
Very informative. Thank you
Wonderful video, every word is true!
Eye Opener Video!!!!!!!!!!!!!!!!!
looking forward to joining you guys some day
Hi.. I have some question:
1. Can i using averaging strategy?
2. Hold position overnight and overweek?
3. Drawdown 5% from start balance or from equity+ frofit?
Hi,
1. If you mean any system based on a “negative outcome” of the actual trade, like averaging down, or Martingale, then this is not allowed, as we trade with real money accounts and do not want our traders to lose or blow up their account sooner or later with this type of trading strategies. Most virtual prop firms do not mind if you use this, as they are not hurt when you lose their virtual money. 2. Yes, you can hold positions overnight and over the weekend. 3. The max drawdown is based on the relative from the highest balance.
How much is the initial fee?
We have three different sizes of evaluation (demo) accounts. All accounts sizes can grow up to $ 2,500,000 Expert (live) account.
The ONE TIME enrollment fee for each evaluation (demo) account is:
5k size is £299 (Grow in 7 stages to a $ 2,500,000 Expert (live) Account)
10k size is £399 (Grow in 6 stages to a $ 2,500,000 Expert (live) Account)
15k size is £499 (Grow in 5 stages to a $ 2,500,000 Expert (live) Account)
Every trader that passes the evaluation (demo) account stage will receive a 100% refund of their paid fee.
Every time the trader generates a profit equivalent to 10% on professional trader accounts, we will upgrade your account to the next stage until you reach $2,500,000. There is no time limit to reach any profit target in any of the stages.
@@LuxTradingFirmhello anu restricted for hold position over night or overweek / weekend.
@@dianarthapro9553 You can hold positions overnight and over the weekend as well.
Hi good video, but you have to update it
Yes you are right and we will
How can we start with Lux trading
Hi, very simple, just visit our website and sign up: www.luxtradingfirm.com
@@LuxTradingFirm thanks will do
love that game plan
i assume your share hasn't been reduced from the weekly earnings?
Sorry for not understanding what you mean by this question!
@@LuxTradingFirm you take 25-50% from the profits traders make. In the video, has those percentages been taken off from the "weekly earnings" you present in the video?
@@Laurikoivisto First of all, we do not take any money from the traders as this money is ours, so we give our traders 50-75% of the profits they make with our money. Second of all, this calculation in the video is based on the old profit split of 65% on all account stages, so it will now be a little different. This video was meant to show to high-risk traders and gamblers who prefer these challenges on virtual money accounts with their high unrealistic profit share and big drawdowns that with normal and realistic trading rules and risk management, you can also make a nice income.
@@LuxTradingFirm thanks for clarifying! Just making sure :)
So great!
I never thought about 1% per week until now.
Lux can Consider to increase current profit share to 75% which'll be more lucrative
Hi Ayub, I think you miss the msg of this video! No real live money account prop firm program can earn anything if they give 75% or higher profit split to their traders. The firms who do are only do this to get new traders as they need fees to pay out the winners. This is what we try to explain in this video!
@@LuxTradingFirm but now you got 75% split, so never say never.
@@LuxTradingFirm. Bro i can't believe you are giving 10 million account for traders. I agree with you on 75% part. Now my question is how many days well a trader get to trade that the account cause alot of prop firms only give one month to trade funded live account. Also do you pay through deel?
@@Globiworld2000. But they give scale up to 10 hacking million account no other prop firms does that
@@changchadchanamdong2668 Hi, we have no maximum time limit to reach any of our profit targets in any of our stages. We payout via, direct bank transfer, wise.com or cryptos.
I've heard that Lux trading does not fund the traders even if the trader passes all the challenges. I hope it is not true because every trader puts a lot of efforts. It's better to clarify each step and requirements by lux trading firm
Hi, we fund all our traders who pass. Only some traders think reaching the profit target as soon as possible is all there to pass. We are not like this simulated virtual money account prop firms who do not care how you reach your target as they do not risk their own money. We offer real money accounts, and this comes with real responsibility and actual trading and risk management rules.
The traders who complain and make you believe that we do not fund our traders are the traders who never read our rules, and when they reach the target, our risk desk only shows them what rules they break.
Every trader who signs up by us needs to confirm twice that they read and understand all our trading and risk management rules, we offer a 24/6 live chat and 24/7 ticket services, 2 phone support desks and a 7-day free trial so all traders can understand our trading rules before they start our evaluation account.
Then there are still some traders who did not read these rules, and after we even offered them a free reset account to do it over and, this time, keep to all the rules we showed they broke, they screamed in their frustration that we did not fund them!
I appreciate your comment and taking time to answer my comment. Thank you so much. I'll be looking forward to joining you