Lux Trading Firm Prop Firm Review – What You Need to Know in 2025
Lux Trading Firm, founded in January 2021 and headquartered in London, UK, is a proprietary trading firm led by CEO Oliver Olejár. Offering virtual funded accounts from $5,000 to $1,000,000, scalable to $10 million, it provides a 75% profit split and supports trading in forex, indices, commodities, stocks, bonds, and cryptocurrencies. With over $30 million in payouts and a 4.5/5 Trustpilot rating from 670+ reviews, Lux is backed by major financial institutions like Barclays and Goldman Sachs, but faces criticism for strict consistency rules.
Lux Trading Firm Best suited for:
- Beginners: Comprehensive mentorship and educational resources via the Elite Traders Club.
- Intermediate traders: One-step and two-step evaluations with no maximum time limits.
- Experienced traders: Access to real capital and aggressive scaling up to $10 million.
- Swing traders: No time constraints and flexible holding rules (15-day minimum for swing accounts).
Pros & Cons of Lux Trading Firm
Pros
High Capital Access: Accounts scale from $5,000 to $10 million in 3-8 stages.- Refundable Fees: Enrollment fees (£149-£3,699) fully refunded upon passing evaluations.
- Real Capital: Funded accounts use live capital, not demo accounts, unlike some competitors.
- No Time Limits: Unlimited trading days for evaluations (29-day minimum for standard accounts).
- Elite Traders Club: Offers mentorship, live trading rooms, and advanced analytics.
- Wide Asset Range: Over 2,000 instruments, including forex, stocks, crypto, and bonds.
Cons
Only MetaTrader platforms available:- Weekend trading not available on most accounts:
- Payout timelines may vary based on verification speed:
How Does Lux Trading Firm Work? (Step-by-Step Guide)
- Choose an account size & challenge type: One-step or two-step evaluation ($5,000-$1,000,000).
- Pass the evaluation: 6% profit in one-step
- 6% then 4% in two-step, with a 6% max trailing drawdown.
- Get funded: Trade a live Professional Account with real capital and a 10% profit target for scaling.
- Profit splits & payouts: 75% split, first payout after 30 days, then monthly via bank transfer, Wise, or crypto.
Lux Trading Firm Account Types & Funding Options
- Account sizes: $5,000, $25,000, $50,000, $100,000, $200,000, $1,000,000, scalable to $10 million. Funding models: o One-Step Evaluation: 6% profit target, 6% max trailing drawdown, 29-day minimum (15 for swing). o Two-Step Evaluation: 6% then 4% profit targets, 6% max trailing drawdown, 29-day minimum (15 for swing). Profit splits: Fixed 75%
- 15% from evaluation profits with two-step. Challenge fees: £149-£3,699, refunded post-evaluation
- 50% after phase one, 50% after phase two.:
Profit Targets & Payouts
- Profit targets: 6% (one-step), 6%/4% (two-step) in evaluations
- 10% for scaling in funded accounts.
- Payouts: Via bank transfer, Wise, or crypto, processed in 3-5 days, no minimum withdrawal.
- Payout frequency: First payout after 30 days, then monthly, requested via trader dashboard.
- Maximum drawdown: 6% trailing in evaluations, 4% in funded accounts.
- Daily drawdown limit: None, but stop-loss must be within 4% per trade.
- Comparison: Lux’s 75% split is lower than The 5%ers (100%) or FundedNext (95%)
- its 3-5 day payout processing is slower than Instant Funding’s 24-hour model.
Leverage & Trading Conditions
- Leverage: Up to 1:30 for forex, 1:20 for indices, 1:10 for commodities, 1:5 for crypto.
- Lot size restrictions: None, but risk per trade capped at 4% drawdown.
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Scalping: Short-term trades on small price movements.
- Swing Trading: Holding positions for days or weeks, with 15-day minimum trading periods.
- News Trading: Permitted, with positions held during news events.
- Overnight/Weekend Trading: Allowed across all account types.
- Expert Advisors (EAs): Supported, but must be client-developed.
Restricted Trading Strategies
- Arbitrage Trading: Exploiting price discrepancies or glitches.
- High-Frequency Trading (HFT): Ultra-fast trades measured in seconds.
- Copy Trading: Third-party advisors or cross-account copying banned.
- Inconsistent Trading: Largest day’s profit capped at 5%-10% of total profits
- enforced by risk desk.
How Long Does It Take to Get Funded by Lux Trading Firm?
- Challenge duration: Unlimited, with a 29-day minimum trading period (15 days for swing traders).
- Evaluation speed: One-step can take 29+ days
- two-step takes 2-3 months, depending on consistency.
- User experiences: Traders report straightforward funding but note delays in payouts and strict rule enforcement.
How Long Has Lux Trading Firm Been Around?
Lux Trading Firm has been operating since January 2021, with over $30 million in payouts. Its 4.5/5 Trustpilot rating and partnerships with Barclays, Credit Suisse, and Goldman Sachs bolster credibility, but its short history compared to The 5%ers (since 2016) or FTMO (since 2014) suggests caution.
Who Owns Lux Trading Firm? (Founder & Company Background)
Founder(s): Oliver Olejár, with 30+ years of trading experience, supported by asset managers and fund experts. Company headquarters: London, UK (Lux Trading Firm Ltd, 128 City Road, EC1V 2NX), with offices in Montenegro and Dubai. Mission & vision: To fund experienced traders with institutional-level capital, advanced tools, and mentorship, fostering long-term success. Regulatory status: Unregulated as a prop firm, trades executed via FX-EDGE Trading Venue, with funds held by regulated brokers.
What Can You Trade with Lux Trading Firm? (Supported Markets & Assets)
Markets offered: Forex, indices, commodities, stocks, bonds, cryptocurrencies. Forex pairs: Major, minor, and exotic pairs (e.g., EUR/USD, USD/JPY). Indices & commodities: S&P 500, NASDAQ, gold, silver, oil. Crypto trading: Bitcoin and select altcoins. Restrictions: No HFT, copy trading, or trading outside approved assets, 5%-10% daily profit cap enforced.
Does Lux Trading Firm Offer Education & Trader Support? (Learning Resources & Coaching)
Elite Traders Club provides mentorship, live trading rooms, webinars, and proprietary analytics software. Trader development: Focus on risk management and consistency via dashboard KPIs and one-on-one mentoring. Coaching programs: Personalized mentorship for Elite Club members, with daily market analysis and workshops. Community & networking: Active Discord and live trading rooms for strategy sharing and collaboration.
How Good is Lux Trading Firm’s Customer Support? (Response Time & Availability)
Support channels: Live chat, email, Discord, available 24/5. Response times: Mixed, typically hours, but delays reported for payout or rule disputes. Operating hours: 24/5 during market hours, no phone support. ? Trader feedback: Positive for evaluation assistance, negative for slow or evasive responses on payouts and consistency rules.
Is Lux Trading Firm a Scam or a Legit Prop Firm?
Lux Trading Firm is a legitimate prop firm, verified by UK registration (Lux Trading Firm Ltd), a 4.5/5 Trustpilot rating from 670+ reviews, and over $30 million in payouts. Partnerships with Barclays, Goldman Sachs, and FX-EDGE Trading Venue, plus KPMG certification, enhance credibility. However, concerns include payout denials for strict consistency rules (e.g., 5%-10% daily profit cap), delays (3-5 days), and occasional unhelpful support. Social media posts praise its real capital and scaling but warn of rule complexity. Compared to FTMO or The 5%ers, Lux’s lower profit split and newer status suggest caution.
Alternatives to Lux Trading Firm – How It Compares
- FTMO: Higher trust score (4.9/5), 90% split, but stricter news trading rules and no real capital. The 5%ers: Up to 100% split, no crypto, excludes US traders, and more established (since 2016). FundedNext: 95% split, 15% challenge profits, but no real capital.
Final Verdict – Should You Trade with Lux Trading Firm?
Lux Trading Firm is ideal for disciplined traders seeking real capital, aggressive scaling (up to $10 million), and robust mentorship through the Elite Traders Club. Its refundable fees, no-time-limit evaluations, and diverse assets (including crypto) are strong draws, supported by partnerships with major banks. However, its 75% profit split, strict consistency rules (5%-10% daily profit cap), payout delays, and unregulated status raise concerns compared to FTMO or The 5%ers. Traders should study the rules carefully, engage with the Discord community for insights, and proceed cautiously in 2025, ensuring compliance to avoid payout issues.
