Lux Trading Firm is a proprietary trading firm that was registered in the United Kingdom on January 27, 2021. Its main focus is to provide support services for proprietary traders in stock and contract for difference (CFD) trading. The company is headquartered in London and has branches in Saint Lucia, Montenegro, and Dubai. Their official website, https://luxtradingfirm.com/, is available in English, and they operate globally.
Company Background:
According to their website, Lux Trading Firm Ltd is the registered entity in the United Kingdom with the address 128 City Road, London, United Kingdom, EC1V 2NX, and the company registration number 13160991. In Saint Lucia, the registered entity is Lux Trading Firm Ltd with the address Ground floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia, and the company registration number 2023-00292. In Dubai, Lux Trading Firm is registered as Lux Trading Firm ME LLC-FZ with the address Office 104/105 Level 1, Emaar Square – Building 4, Sheikh Mohammed Bin Rashid Boulevard, Downtown Dubai, United Arab Emirates, and the company registration number 2311235.01. These entities have been verified to exist based on the information provided on their official website.
Market Instruments:
Lux Trading Firm offers access to the following financial instruments:
- Forex: The foreign exchange market is the world's largest financial market, involving the buying and selling of different national currencies.
- Commodity CFDs: Commodity trading involves highly volatile assets and can be used to diversify investment portfolios.
- Index CFDs: These contracts allow traders to speculate on the performance of specific markets without owning the underlying stocks.
- Stocks: Lux Trading Firm provides access to market channels for buying and selling company stocks.
Account Types:
Lux Trading Firm offers five different account types for traders, with the opportunity to trade on both stock and CFD markets. These accounts are available for a one-time payment or in installments. Each account type offers traders the ability to trade with higher capital as they meet profit targets through various stages.
For Stock and CFD Traders' Accounts:
- The first account provides traders with an initial capital of $25,000, with the potential to offer up to $10,000,000 in trading capital upon achieving profit goals in 9 stages. Traders are refunded 50% of the £149 one-time payment after reaching the first-stage profit goal and another 50% after the second stage.
- The second account provides traders with an initial capital of $50,000, with the potential to offer up to $10,000,000 in trading capital upon achieving profit goals in 8 stages. Traders are refunded 50% of the £299 one-time payment after reaching the first-stage profit goal and another 50% after the second stage.
- The third account provides traders with an initial capital of $100,000, with the potential to offer up to $10,000,000 in trading capital upon achieving profit goals in 7 stages. Traders are refunded 50% of the £449 one-time payment after reaching the first-stage profit goal and another 50% after the second stage.
- The fourth account provides traders with an initial capital of $200,000, with the potential to offer up to $10,000,000 in trading capital upon achieving profit goals in 6 stages. Traders are refunded 50% of the £599 one-time payment after reaching the first-stage profit goal and another 50% after the second stage.
- The fifth account provides traders with an initial capital of $1,000,000, with the potential to offer up to $10,000,000 in trading capital upon achieving profit goals in 4 stages. This account requires a one-time payment of £1,499.
For Elite Traders' Accounts, after a one-time payment, traders are provided with unrestricted demo accounts, daily live trading rooms, exclusive webinars, educational videos, risk managers, and one-on-one meetings.
- The first account provides traders with an initial capital of $25,000, with the potential to offer up to $10,000,000 in trading capital upon achieving profit goals in 9 stages. Traders are refunded 50% of the £149 one-time payment after reaching the first-stage profit goal and another 50% after the second stage.
- The second account provides traders with an initial capital of $50,000, with the potential to offer up to $10,000,000 in trading capital upon achieving profit goals in 8 stages. Traders are refunded 50% of the £299 one-time payment after reaching the first-stage profit goal and another 50% after the second stage.
- The third account provides traders with an initial capital of $100,000, with the potential to offer up to $10,000,000 in trading capital upon achieving profit goals in 7 stages. Traders are refunded 50% of the £449 one-time payment after reaching the first-stage profit goal and another 50% after the second stage.
- The fourth account provides traders with an initial capital of $200,000, with the potential to offer up to $10,000,000 in trading capital upon achieving profit goals in 6 stages. Traders are refunded 50% of the £599 one-time payment after reaching the first-stage profit goal and another 50% after the second stage.
- The fifth account provides traders with an initial capital of $1,000,000, with the potential to offer up to $10,000,000 in trading capital upon achieving profit goals in 4 stages. This account requires a one-time payment of £1,499.
Trading Platforms:
Lux Trading Firm offers traders access to their proprietary Lux Trader trading platform as well as the popular MT4 trading platform.
Customer Support:
Traders can contact Lux Trading Firm via phone at +44 (0)20 7167 8107, +382 325 40312, or +971 4 4070582, or by emailing info@luxtradingfirm.com. Further assistance or inquiries can also be made using the "Contact Us" option on their official website.
Summary:
As of now, Lux Trading Firm is marked as "Operating Normally" on Traderknows.