Lux Trading Firm Ltd is a forex prop firm incorporated in the United Kingdom (company registration number: 13160991), with a registered address at 128 City Road, London EC1V 2NX. The firm states on its own site that it does not carry out regulated activities; its activities are described exclusively as prop trading and professional training, and it is accordingly not registered with a financial regulator. Lux Trading Firm is, however, listed as a member of the TPA (Trading Performance Academy). The firm does not publish its founding year.
The firm offers two distinct account models: a 1-stage evaluation path and an instant funding path (called the INSTA account). All funded stage accounts beyond the evaluation are described as fully funded with real capital, executed on an A-book model through a direct partnership with liquidity provider FX Edge. Lux Trading states it is backing traders in 160 countries.
Account Types & Pricing
1-Stage Evaluation
The 1-stage evaluation is available in 3 account sizes. Each carries a one-time fee denominated in GBP. The fee is 100% refunded after passing Stage 1, but only once the account has been reviewed and approved by the risk desk. The fee is otherwise non-refundable. Once the initial fee is paid and login credentials have been issued, no refund is available regardless of outcome.
| Account Size | Evaluation Fee (one-time) | Fee Refundable on Pass? |
|---|---|---|
| $100,000 | £199 | Yes, 100% |
| $400,000 | £449 | Yes, 100% |
| $1,000,000 | £999 | Yes, 100% |
INSTA Account
The INSTA account is a single product at a fixed account size of $400,000. It carries a one-time fee of £699. Unlike the evaluation path, INSTA account holders do not receive a refund on passing or failing their account. The INSTA account does not scale beyond its starting size.
| Account Size | Fee (one-time) | Fee Refundable on Pass? |
|---|---|---|
| $400,000 | £699 | No |
Challenge Structure
Phase Overview
The 1-stage evaluation is a single-phase structure. You complete one demo stage by reaching the profit target while staying within the drawdown limit and complying with all trading rules. Once Stage 1 is passed and the risk desk has reviewed and approved the account, you receive a funded account. From Stage 2 onward, all accounts are fully funded with real capital and executed on an A-book model.
The INSTA account operates differently: you complete the INSTA challenge by reaching the profit target on a demo account while staying within risk limits and without breaking the rules. There is no evaluation pass that unlocks a separate funded stage; once the profit target is hit, no rules have been broken, and there are no open positions, you receive 80% of the profit target. The INSTA account starts on a demo account; the Lux risk desk may, at its sole discretion, decide to move the account to an A-book live account. This process is automatic and discretionary.
Profit Target
The profit target differs across account sizes and between the evaluation stage and subsequent funded stages. For the 1-stage evaluation, the profit target at Stage 1 is the entry hurdle. Each funded stage thereafter carries its own profit target, which must be reached before the account scales to the next tier.
The 3 evaluation account sizes have different Stage 1 profit targets. The $100k account requires 10%, the $400k account requires 12%, and the $1M account requires 15%.
$100,000 Evaluation: Scaling Plan
| Stage | Account Size | Profit Target | Maximum Loss |
|---|---|---|---|
| #1 Demo | $100,000 | $10,000 (10%) | $6,000 (6%) |
| #2 Funded | $100,000 | $10,000 (10%) | $6,000 (6%) |
| #3 Funded | $200,000 | $20,000 (10%) | $12,000 (6%) |
| #4 Funded | $400,000 | $40,000 (10%) | $24,000 (6%) |
| #5 Funded | $1,000,000 | $100,000 (10%) | $60,000 (6%) |
| #6 Funded | $2,500,000 | $250,000 (10%) | $150,000 (6%) |
| #7 Fund Manager | $10,000,000 | N/A | $600,000 (6%) |
$400,000 Evaluation: Scaling Plan
| Stage | Account Size | Profit Target | Maximum Loss |
|---|---|---|---|
| #1 Demo | $400,000 | $48,000 (12%) | $24,000 (6%) |
| #2 Funded | $400,000 | $40,000 (10%) | $24,000 (6%) |
| #3 Funded | $1,000,000 | $100,000 (10%) | $60,000 (6%) |
| #4 Funded | $2,500,000 | $250,000 (10%) | $150,000 (6%) |
| #5 Fund Manager | $10,000,000 | N/A | $600,000 (6%) |
$1,000,000 Evaluation: Scaling Plan
| Stage | Account Size | Profit Target | Maximum Loss |
|---|---|---|---|
| #1 Demo | $1,000,000 | $150,000 (15%) | $60,000 (6%) |
| #2 Funded | $1,000,000 | $100,000 (10%) | $60,000 (6%) |
| #3 Funded | $2,500,000 | $250,000 (10%) | $150,000 (6%) |
| #4 Fund Manager | $10,000,000 | N/A | $600,000 (6%) |
The INSTA account ($400,000) has a profit target of 12% / $48,000.
Phase 1 Rules (Evaluation Stage)
- Maximum loss limit: 6% of starting balance (see Drawdown Rules below for full detail)
- Daily loss limit: Lux Trading does not publish a separate daily loss limit for the evaluation stage.
- Minimum trading days: None. The source states explicitly: “We do not have any minimum or maximum number of trading days.”
- Time limit: None.
- Consistency rule: No consistency rule applies as a pass/fail criterion during the evaluation stage. However, a risk consistency requirement applies across all trades during each stage (see Additional Rules).
Drawdown Rules (Challenge)
Drawdown Values
The maximum loss limit is 6% of the starting balance for all account sizes. Expressed as dollar amounts per account:
| Account Size | Maximum Loss | Drawdown Limit (fixed level) |
|---|---|---|
| $100,000 | $6,000 | $94,000 |
| $400,000 | $24,000 | $376,000 |
| $1,000,000 | $60,000 | $940,000 |
The INSTA $400,000 account carries the same maximum loss of $24,000 and a drawdown limit fixed at $376,000.
Daily Loss Limit
Lux Trading does not publish a separate daily loss limit for the challenge stage.
Drawdown Calculation Method
All accounts use a static drawdown. The drawdown is fixed at 6% of the starting balance and does not move up as the account grows. The drawdown level is set at account creation and never changes regardless of profits earned.
Drawdown Lock
Because the drawdown is static (fixed at 6% of starting balance from day one and never trailing), no drawdown lock mechanism applies. The level is the same from the first trade to the last.
Funded Account Rules
Drawdown Rules (Funded)
The drawdown rules are identical across the evaluation stage and all funded stages. The same static 6% drawdown applies throughout the program.
Drawdown Values
The maximum loss at the funded stage is 6% of the starting balance of that stage. As account size increases through the scaling plan, the dollar-denominated maximum loss increases proportionally while the percentage remains 6%.
| Stage Account Size | Maximum Loss | Drawdown Limit |
|---|---|---|
| $100,000 | $6,000 | $94,000 |
| $200,000 | $12,000 | $188,000 |
| $400,000 | $24,000 | $376,000 |
| $1,000,000 | $60,000 | $940,000 |
| $2,500,000 | $150,000 | $2,350,000 |
| $10,000,000 | $600,000 | $9,400,000 |
Daily Loss Limit
Lux Trading does not publish a separate daily loss limit for the funded stage.
Drawdown Calculation Method
Static: the drawdown level is fixed at 6% of each stage’s starting balance and does not trail or update at any point during the funded stage.
Drawdown Lock
No drawdown lock applies. The drawdown level is already fixed and never moves.
Consistency Rule (Funded)
No separate consistency threshold for payout eligibility is published. A risk consistency requirement applies across all trades during each stage (see Additional Rules), but this governs position sizing rather than payout qualification.
Lot Size Limits (Funded)
Lux Trading does not publish minimum or maximum lot size limits for the funded stage.
Leverage
Lux Trading does not publish the leverage ratio offered.
Profit Split
The profit split is 80% to the trader across all funded stages for both the 1-stage evaluation path and the INSTA account. There is no tiered profit split that increases over time.
For INSTA accounts specifically: once the profit target is hit, no rules have been broken, and there are no open positions, the risk desk reviews the account and pays out 80% of the profit target.
For evaluation path accounts: withdrawn profits on funded stage accounts also count toward the current stage’s profit target, so withdrawing doesn’t reset progress toward the next scaling tier.
Payout Rules
First Payout Requirements
For evaluation path accounts, you can request a withdrawal at any time once your account balance is in profit. All positions must be closed at the time of the withdrawal request. There are no minimum trading day requirements for a first withdrawal and no fixed payout cycles.
For INSTA accounts, a withdrawal can only be requested once the account hits its required profit target (12% / $48,000), no rules have been broken, and there are no open positions.
Subsequent Payout Requirements
No distinction is published between first and subsequent payout requirements for evaluation path accounts beyond the general condition that the balance must be in profit and all positions closed.
Payout Frequency
Traders can request withdrawals at any time once the balance is in profit. There are no fixed payout cycles. No minimum time between consecutive withdrawal requests is published.
Payout Buffer
No payout buffer requirement is published.
Daily Progression Rule
No daily progression rule applies.
Payout Caps & Limits
Lux Trading does not publish maximum payout amounts per request or minimum withdrawal amounts. The site’s main page describes a “stable salary” feature as a steady income for traders committed to a long-term career; specific amounts, eligibility criteria, and mechanics are not published.
Scaling Plan
The scaling plan applies to evaluation path accounts only. INSTA accounts do not scale.
Every time a trader earns 10% on their funded account, their account size is scaled up to the next tier. The process continues step by step, with the Fund Manager tier reached at $10,000,000. The full tier structure for each starting account size is shown in the Profit Target tables above.
At the $10,000,000 Fund Manager stage, no profit target applies; the conditions at that final stage are not separately documented.
Live Account Pathway
All evaluation path funded accounts from Stage 2 onward are executed on an A-book model with real capital, so in practice the funded account is already a live account from the first funded stage. Lux Trading exclusively trades real capital in all professional stage accounts.
For INSTA accounts, the account starts on a demo. The Lux risk desk may, at its sole discretion, decide to move an INSTA account to an A-book live account. The source states this is an automatic process but explicitly notes traders should not ask when or whether it will happen for their account.
Trading Rules & Restrictions
Permitted Instruments
Lux Trading states traders can trade any asset class, and links to a full assets list on its site. Specific instruments are not listed in Lux Trading’s published documentation; the full list is available directly on the platform.
Trading Hours & Overnight Policy
Lux Trading does not publish permitted trading hours, overnight holding policy, weekend holding policy, or auto-liquidation times.
News Trading Policy
The only published rule touching news events is the stop loss restriction: no stop loss adjustments are allowed within 30 seconds before or after a news event. News bracketing (placing simultaneous pending buy and sell orders around news events to exploit volatility) is explicitly prohibited (see Prohibited Practices). Whether general news trading (opening or closing positions around releases) is otherwise permitted or restricted is not addressed in Lux Trading’s published documentation.
Expert Advisors & Copy Trading
Automated trading / EAs: High-Frequency Trading is strictly prohibited. This includes fully automated EAs, robots, or other automated systems that create excessive trades, as well as generating more than 2,500 server messages within 24 hours. Whether non-HFT automated EAs and bots are otherwise permitted is not addressed in Lux Trading’s published documentation.
Copy trading: Copy trading and the use of trade mirroring tools are permitted, as long as all trades comply with the risk rules and drawdown limits.
For INSTA accounts specifically, copy trading between INSTA accounts is not permitted; this would result in similar trades across accounts, which is prohibited. You may also not execute or have open at the same time similar trades (same symbol, side, or closely correlated instruments) across INSTA accounts or between INSTA accounts and evaluation accounts.
Prohibited Practices
The following practices are prohibited:
High-Frequency Trading (HFT): Generating more than 2,500 server messages within 24 hours, or using fully automated EAs, robots, or other automated systems that create excessive trades. Breach results in account termination.
News bracketing: Placing simultaneous pending buy and sell orders around scheduled economic announcements or other high-impact news events with the intent of exploiting extreme volatility. Breach results in immediate account termination and forfeiture of all accumulated profits.
Arbitrage trading: Exploiting price feed discrepancies, latency delays, or mirroring trades across multiple accounts, brokers, or platforms to secure a risk-free profit. Breach results in immediate account termination and forfeiture of all accumulated profits.
Opening a trade without a stop loss: Every trade must have a stop loss placed before market entry. Trading without a prior stop loss is a rule breach; repeated violations can lead to evaluation failure.
Splitting entries to circumvent the single trade profit cap: Closing a trade and reopening in the same asset and same direction to “reset” the 5% single trade profit limit is treated as cheating and results in account termination and a possible ban.
Exceeding the maximum risk per trade: Risking more than 5% of Remaining Risk Capital (RRC) on any position or combination of concurrent positions.
Additional Rules
Stop Loss Requirement
Every trade must have a stop loss placed before entering the market, not after. Traders may move their stop loss to break even or to profit once the trade has moved favorably. No stop loss adjustments of any kind are permitted within 30 seconds before or after a news event.
Risk Consistency Rule
Lux Trading requires traders to maintain a consistent risk allocation across all trades during each stage. You must select a fixed percentage of Remaining Risk Capital (RRC) to risk per trade and apply that same percentage consistently to all trades throughout the stage.
RRC is calculated as: current balance minus the drawdown limit. The drawdown limit is defined as the starting account balance minus 6%. The maximum permissible risk is 5% of RRC per trade or per combination of concurrent open positions.
When multiple positions are open at the same time, combined risk exposure must not exceed 5% of RRC. To open an additional position while others are already active, you must first neutralize the risk on an existing position by either moving its stop loss to break even or closing it entirely.
Single Trade Profit Limit
Each individual position (and all concurrent positions in the same symbol or highly correlated symbols and direction, which are treated as a single trade) is subject to a maximum realized profit of 5% of the profit target for that stage.
Example per account size for the evaluation stage:
- $100,000 account: profit target = $10,000 → single trade profit cap = $500
- $400,000 account: profit target = $48,000 → single trade profit cap = $2,400
- $1,000,000 account: profit target = $150,000 → single trade profit cap = $7,500
Moving a stop loss to break even and opening a new position in the same symbol and direction does not reset or increase this cap.
Multiple Account Limits
You may hold a maximum of 10 evaluation accounts simultaneously and may copy-trade between them. You may hold a maximum of 5 INSTA accounts simultaneously, but may not copy-trade between them and may not have similar trades (same symbol, side, or closely correlated instruments) open across INSTA accounts or between INSTA accounts and evaluation accounts at the same time.
Risk Manager Assignment
A dedicated risk manager is assigned to every trader from the funded stage onward, and also from the evaluation stage for traders on the Elite Package. The risk manager’s role is to advise, support, and guide the trader toward their targets while protecting both the trader’s success and Lux Trading’s capital. Traders are expected to follow their risk manager’s guidance. In cases of serious negligence or repeated poor risk management, Lux Trading reserves the right to close the account and remove the trader from the program.
Trading Platforms
Available Platforms
Lux Trading’s proprietary platform is MatchTrader. The site’s main page states that traders can use any trading platform they like by connecting an account they have at any broker or prop firm and copying trades to their Lux Trading account on the MatchTrader platform.
The source also references MT4 and TradingView in the context of explaining the evaluation fee, listing these as examples of platforms accessible through the fee structure. A third-party platform called Trader Evolution is also referenced in the same context.
EA support, platform-specific restrictions, and differences in functionality between MatchTrader and other connected platforms are not addressed in Lux Trading’s published documentation.
Billing & Account Management
Fee Structure
All fees are one-time payments in GBP. There is no monthly subscription model; you pay once per account, and the fee for evaluation path accounts is fully refunded upon passing Stage 1 and completing the risk desk review. INSTA account fees are non-refundable. Once login credentials have been issued, no refund is available under any circumstances regardless of trading outcome.
The fee also covers access to the trader dashboard with metrics and account analysis by the risk management desk.
Resets
An account reset may be requested in 2 circumstances: if the trader has been notified of a maximum drawdown breach, or if the trader voluntarily chooses to reset for any reason. When a reset is processed, a new trading account is issued with fresh login credentials.
Reset fees differ by account type and size:
| Account | Reset Fee |
|---|---|
| $100,000 Evaluation | £139 |
| $400,000 Evaluation | £299 |
| $1,000,000 Evaluation | £699 |
| $400,000 INSTA | £549 |
Lux Trading mentions a “free reset account” in customer testimonials, but the conditions under which a free reset is granted are not published in the firm’s structured rules.
Payouts & Withdrawals
Payment Methods
Lux Trading does not publish which payment methods are available for withdrawals.
Processing Times
Lux Trading describes “instant withdrawals,” which refers to the ability to request a withdrawal at any time rather than a guaranteed same-day processing time. Actual payment processing timelines are not published.
Tax & Eligibility Requirements
Lux Trading does not publish tax documentation requirements, a restricted country list, or any regional eligibility limitations beyond stating the firm backs traders in 160 countries.