Lux Trading Firm

“Not placing a stop loss before entering the market is considered a rule breach. Repeated violations may lead to”

Clause Rules of Engagement, Stop-loss section · risk per trade stop loss · applies to: All stages · source ↗

“No Stop-Loss adjustments are allowed within 30 seconds before or after a news event”

Clause Rules of Engagement, News Event Rule · banned strategies · applies to: All stages · source ↗

⚑ Treated as a rule breach in the Rules of Engagement list; exact consequence not published.

“Traders are not permitted to engage in news bracketing ... Breach of this rule will result in immediate account termination and forfeiture of any accumulated profits.”

Clause Rules of Engagement, News bracketing · banned strategies · applies to: All stages · source ↗

“Traders are not permitted to engage in arbitrage trading. This includes ... exploiting price feed discrepancies, latency delays, or mirroring trades across multiple accounts, brokers, or platforms ... immediate account termination and forfeiture of any accumulated profits.”

Clause Rules of Engagement, Arbitrage · banned strategies · applies to: All stages · source ↗

“High-Frequency Trading (HFT) is strictly prohibited. This includes generating more than 2,500 server messages within 24 hours, or the use of fully automated EAs ... will result in the termination of your account.”

Clause Rules of Engagement, HFT · banned strategies · applies to: All stages · source ↗

“We allow EAs that are created by the trader ... EAs that are developed by a third party, are prohibited ... The use of “Magic Keys” EA is prohibited”

Clause Trading Rules, EAs · banned strategies · applies to: All stages · source ↗

⚑ Consequence not published on the page; listed as 'strictly forbidden', so treated as a possible breach.

“Any system based on luck, or with its origins in gambling, like Martingale, going long and short just before a mayor news update, going “All-In” ... Grid systems, although not “bad” per se, they are incompatible with our risk consistency rules.”

Clause Trading Rules, Systems not allowed · banned strategies · applies to: Evaluation (demo) and beyond · source ↗

⚑ Consequence not published on the page; listed as 'strictly forbidden', so treated as a possible breach.

“your risk must be the same percentage of your total available risk capital at that moment, per trade, in the complete evaluation stage ... We allow for a small variation of up to 20% ... In case of too large an inconsistency in risk, you will have to redo the stage partially or entirely.”

Clause Trading Rules, Risk consistency · consistency gambling · applies to: All stages · source ↗

“It is still strictly forbidden to copy-in commercial or free signals from 3rd parties, or trades from commercial full auto EAs ... all the parties involved will be expelled from the program. and no refund or reset will be possible.”

Clause Trading Rules, Copy trading · copy trading account sharing · applies to: All stages · source ↗

⚑ The Rules of Engagement page says copy trading and mirroring tools are allowed if risk rules are followed; the Trading Rules page is stricter.

“Trading the accounts of friends, family, or any other relationship managed by you at Lux, using the same strategy is prohibited ... Violation of this rule will result in immediate disqualification.”

Clause Trading Rules, Account sharing · copy trading account sharing · applies to: All stages · source ↗

“you are required to follow his advice diligently. In the case of serious negligence, or poor risk management, your account might be closed at our discretion”

Clause Trading Rules, Risk manager · deny void change rules · applies to: Stage 2 onward (Elite from stage 1) · source ↗

“reserves the right to refuse to permit your access or to terminate your access ... at any time at its sole discretion ... you have no rights to a refund, reset, or new account”

Clause Terms of Use, termination section · deny void change rules · applies to: All · source ↗

“Each individual position is subject to a maximum realized profit of 5% of the profit target in each stage ... $100k evaluation: Profit target = $10,000 ⇒ 5% cap = $500 total.”

Clause Rules of Engagement, Single Trade Profit Limit · consistency gambling · applies to: Each stage · source ↗

⚑ Trading Rules page instead says trades over 10% of the target 'will not be accepted'; the newer Rules of Engagement figure (5%) is shown.

“Day Traders: Must use SL settings at least 3 times larger than the minimum SL settings outlined. Swing Traders: Must use SL settings at least 10 times larger ... During news releases, the minimum required Stop-Loss distance must be increased by 100%.”

Clause Trading Rules, Stop-Loss rules · risk per trade stop loss · applies to: All stages · source ↗

“If we do see a big difference to only fulfill these active trades or trading days, we will not count these days as active”

Clause Trading Rules, Minimum trading days · consistency gambling · applies to: Evaluation · source ↗

“For a period of 2 years from your accepting of these Terms of Use, you agree not to, directly or indirectly, (i) engage in or assist others in engaging in the Restricted Business in the EU”

Clause Terms of Use, Non-compete · dispute jurisdiction · applies to: All users · source ↗

“In the Professional and above stages, the trader can request a withdrawal only once per month.”

Clause Trading Rules, Withdrawals · payout daily profit caps · applies to: Professional and above · source ↗