Rating breakdown
Things we didn't like:
Poor UX and UIStrict rules
Low leverage
Limited withdrawal methods
Why would you want an alternative to LUX TRADING FIRM?
Lux Trading Firm imposes tough risk management measures. The maximum relative drawdown is 4% for the Evaluation and Advanced stages of the Lux programs. Additionally, the stop-loss has to be within the 4% drawdown limit and must not exceed the maximum allowance of risk capital. While there is no time limit, traders do have to hit a minimum number of active trading days (29 for evaluation and advanced accounts and 49 for professional accounts). There is an exception for swing traders. Lux does have a reasonable scaling plan: once funded, every time the trader hits a 10% profit target their account will double in size (until the cap of $2.5 million).
There is another aspect of Lux Trading Firm that, while not being a flaw per se, is nonetheless slightly irksome. The account sizes, profit targets, and promised funding are all stated in US dollars, while the prices for each program are given in British pounds. There will no doubt be a reasonable explanation for this, most likely related to the fact that Lux Trading Firm is headquartered in London, but the inconsistency does add a mental stumbling block to tallying up outgoings and potential incomings through the evaluation.
What other users do not like about Lux Trading Firm
Lux Trading Firm TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, Lux Trading Firm has currently 418 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.50/5.00.
Main Complains according to the Users' Reviews
- The price is not competitive
- Does not have the best reputation among users
What to look for in a LUX TRADING FIRM Alternative?
As you can see, Lux Trading Firm is a decent, midweight prop firm. Their funding neither dazzles nor do their rules inhibit. In resumen they could be a sensible choice for a beginner with a reputation for consistent risk management, as the approachable nature of this firm would suit more novice traders. With the above in mind, here is what we would suggest as an alternative to Lux Trading Firm: a propriety trading firm which fills in the gaps above. Ideally you want to keep the good and add the missing features.
Best LUX TRADING FIRM alternatives – Proprietary Trading Firms like (or better than) LUX TRADING FIRM
Rating breakdown
Things we liked:
Exclusive Discount Code (20% Off Exclusive Offer)Minimal rules & unlimited time for completion
Two-part assessment leading to $200,000 in funding
Scaling plan & fast-track funding opt
Things we didn't like:
A Relatively New player in the funded account offeringFunderPro Overview
Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.
Rating breakdown
Things we liked:
Unlimited evaluation free retries (Exclusive Refund Code 120%)No restrictions on trading style
Overnight and weekend holding allowed
A large variety of trading instruments
Things we didn't like:
Consistency rule for express accountsNo free trials available
Minimum 5 trading days
FundedNext Overview
In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.
Rating breakdown
Things we liked:
Exclusive Discount Code (25% Off Exclusive Offer)Low challenge fees from $40
Crypto trading available
Offers scaling up to $2 million
Things we didn't like:
Strict rules on news tradingLimited payment options
BlueBerry Funded Overview
Blueberry Funded is a proprietary trading firm offering sustainable challenges, advanced technology, and fast payouts. Backed by 20+ years of combined brokerage and prop firm experience, it provides top-tier trading conditions and long-term opportunities for traders. Traders can manage accounts up to $200,000 with profit splits up to 90%, trading forex, commodities, indices, and cryptocurrencies.