Key terms, as published by Lux

All figures were read on 20 August 2026 from the current Lux Trading Funded Program Rules, the page the site’s navigation labels “New Trading Rules”.

• Evaluation fee: £199 for $100,000, £449 for $400,000, £999 for $1,000,000 — refunded in full after stage one, subject to risk-desk review.
• Profit target: 10% ($10,000) on $100,000; 12% ($48,000) on $400,000; 15% ($150,000) on $1,000,000.
• Maximum loss: 6% on every account, as a static drawdown. On the $100,000 account the floor is fixed at $94,000 and never moves up.
• Daily loss limit: none — “daily” appears as a risk limit nowhere in either rulebook.
• Minimum trading days: none — Lux states “no minimum or maximum number of trading days”.
• Profit split: 80% to the trader at every funded stage.
• Payouts: on request whenever the balance is in profit and positions are closed. No fixed cycle; withdrawn profits still count towards the next target.
• Scaling and resets: every 10% gain steps the account from $100,000 to $200,000, $400,000, $1m, $2.5m and a $10m “Fund Manager” stage. Resets cost £139, £299 and £699.

What Lux sells in August 2026

Lux is live: the catalogue returns priced, buyable plans and the sitemap was regenerated on 17 August 2026. The 1-Step Evaluation is the flagship — one demo stage, no clock, no daily stop, fee returned in full on passing. The Instant Funding or “INSTA” account costs £299 for $100,000 and £699 for $400,000; it is non-refundable, does not scale, and pays one lump sum of $9,600 or $38,400 once a 12% target is hit. Newest is a line of prediction-market funded accounts, £45 to £350, on a 4% trailing drawdown with payouts every 10 days — rules sharing nothing with the FX programme.

One detail the product name obscures: Lux’s own rules state an INSTA account “starts on a demo account”, and that the risk desk “may, at its sole discretion, decide to move your account to an A-book live account”. Instant funding, on the firm’s own wording, is not instant funding.

The salary no rulebook defines

Lux’s homepage carries a tile headed “REAL Salary!” reading: “We offer a stable salary that ensures your monthly bills are covered, allowing you to focus on trading.” The same tile appears on the 1-Step Evaluation sales page.

We searched every governing document Lux publishes for the words salary, retainer, wage and stipend: the current rules, the legacy rules, the terms and conditions, the terms of use, the risk warning, the About page, the Instant Funding and prediction-markets pages and the Elite Traders Club page. The count is zero in all of them — no amount, no eligibility test, no frequency, no stage at which it begins and no circumstance in which it stops.

It was once a larger claim. An archived copy of the homepage from 2 June 2024 promises “Now, also earn a stable salary, and get full-time employment!” beneath a section headed “Stable Salary & Audited Track Record”. Both are gone from the 2026 site; one tile survives. The direction of travel is a retreat, and it happened without any rule ever being published. A salary is a payroll obligation, so the UK filings matter: Lux Trading Firm Ltd’s accounts to 31 January 2025 report an average number of employees, including directors, of “1 (2024: 1)”.

Payouts: what is published, and what is not

The mechanism is published and on paper it is good: no monthly window, no minimum withdrawal, no payout cap, and requesting money does not reset progress toward the next scaling rung. Against firms imposing caps or fortnightly queues, that is a real structural advantage.

What is not published is any evidence it works. The homepage carries a “payout proofs” heading and a leaderboard of “Lux longest funded traders on a single account” whose five entries are dated between 3 October 2020 and 28 March 2022 — nothing in over four years. Lux publishes no audited payout totals, payout count, settlement time or rejection rate, and its claim to be “the only prop firm to offer an audited track record, that is accepted by banks and hedge funds” carries no auditor’s name anywhere on the site.

What we could not verify. Trustpilot blocked automated access with HTTP 403, so we could not confirm any score or review volume, and we decline to repeat aggregator figures. Reddit returned HTTP 403 to every query, so no first-hand dated payout report could be checked. Treat the payout record as undocumented rather than good or bad. The roughly twenty on-site testimonials are no substitute: none is dated or verified, and most follow one uniform arc in which the trader blames Lux, re-reads the rules, concludes the fault was their own, and praises the free reset account.

The rules that actually fail traders

Lux removed the two rules traders complain about most — the clock and the minimum-days requirement — and replaced them with something quieter and harder.

The Single Trade Profit Limit caps the realised profit of any one position at 5% of the stage’s profit target: $500 on the $100,000 evaluation, $2,400 on $400,000, $7,500 on $1,000,000. Correlated positions in the same direction, and inversely correlated ones in opposite directions, are aggregated as a single trade. Splitting entries or moving a stop to breakeven does not reset the cap; Lux states doing so is “considered cheating and will lead to termination of account and a possible ban from the program”.

Run the arithmetic on Lux’s own numbers and the consequence is stark. A $10,000 target built from $500 maximum increments requires at least 20 separate winning trades, and the division holds at every size: $48,000 over $2,400 and $150,000 over $7,500 both give 20. The 29-day minimum Lux deleted has effectively been replaced by a 20-winner minimum, disclosed halfway down a long rules page rather than on any pricing tile.

Further rules void accounts: every trade must carry a stop loss placed before entry, and failing to do so is itself a breach; no stop-loss adjustment is allowed within 30 seconds either side of a news event; risk must be a fixed percentage of Remaining Risk Capital, capped at 5% and held constant across the stage. From the funded stage a risk manager is assigned whose guidance traders must follow “diligently”, with closure reserved for “serious negligence or repeated poor risk management” — a discretionary termination clause with no published appeal route.

Two live rulebooks, one website

Lux’s navigation offers “New Trading Rules” and “Old Trading Rules” as parallel menu items, and the legacy page is still live. It describes a materially different firm: a 75/25 split rather than 80/20, $50,000 and $200,000 account sizes, a two-stage structure, a 6% relative drawdown rather than a static one, a 29-day minimum trading requirement, and withdrawals permitted “only once per month”. Nothing marks which accounts it still governs, so a trader landing on the wrong page gets the wrong split, the wrong drawdown mechanic and the wrong payout cadence. It is the failure mode we documented in our Ultimate Traders review.

How Lux compares

Competitor figures were read from each firm’s own pages on 20 August 2026, at the $100,000 one-step tier.

Term	Lux Trading Firm	The5ers	FTMO
Entry fee	£199	$249	Not in static HTML; pricing page returned HTTP 404
Profit target	10% / $10,000	10%	10% / $10,000
Maximum loss	6%, static	6%	10%
Daily loss limit	None published	3%	3% / $3,000
Minimum trading days	None	None stated; 50% per-day cap	4 on the Challenge
Time limit	None	Unlimited	None stated in Trading Objectives
Single-trade / best-day cap	5% of profit target ($500)	50% of any single day	Best day ≤ 50% of positive days’ profit
Profit split	80%	75%	Up to 90%
Scaling ceiling	$10,000,000	$4,000,000	$2,000,000, +25% every 4 months

Lux wins on ceiling, on the absent daily stop and on payout flexibility. It loses badly on the single-trade cap, far tighter than either rival’s consistency rule. For a broker-backed comparison see our Axi Select review; for conditional headline splits, our Sway Funded review.

Regulatory posture and the London entity

Lux is not authorised by the Financial Conduct Authority, and says so itself. Its footer reads: “themselves do not carry out any regulated activities, the only and exclusive activities they carry out are Prop Trading and Professional Training. Consequently, we are not required to be authorized by the regulatory authority.” That is the standard prop-firm position, honestly stated — though the same footer refers to “preferred cleaning firms” where it means clearing firms, a sign the disclosure is inherited boilerplate.

The Companies House record for Lux Trading Firm Ltd (13160991) shows an active company incorporated on 27 January 2021 at 128 City Road, London EC1V 2NX, with one officer and no resignations: director Petra Pirova, a Slovak national resident in Slovakia. Its registered nature of business is SIC 85600, “Educational support services” — not any financial classification. Accounts to 31 January 2025 were filed unaudited under the small-companies audit exemption and show net assets of £10,269, cash at bank of £26,859, creditors falling due within one year of £61,847, and one employee. A second entity, Lux Trading Firm ME L.L.C-FZ (2311235.01), is registered in Dubai.

None of that proves the funded capital does not exist — allocation may sit with the Dubai entity, the clearing broker or the liquidity provider, named today as FX Edge and in 2024 as Broctagon Prime. It does mean no public filing substantiates the scale of the operation. Firms that can be checked look different; see our review of Seven Points Capital, a FINRA broker-dealer with audited payouts.

Two badges need care. Lux displays a logo captioned “Officially regulated member of” The Prop Association — a voluntary industry body launched in April 2025, not a regulator. TPA’s member directory lists Lux as one of three Founding Members alongside Blueberry Funded and FPFX Tech, so the credential is one Lux helped establish; it also records Lux’s country as St. Lucia and its years operating as 2, matching neither the entities in Lux’s own footer nor the January 2021 incorporation date on file. Separately, the Financial Commission — a private dispute-resolution body, also not a regulator — added Lux Trading Firm to its warning list on 25 May 2022 after trader complaints. That notice is over four years old and remains published; we could not confirm whether it is still active, because the Commission’s warning-list index renders through a dynamic table we could not query. On the tightening UK perimeter for retail leveraged products, see our analysis of CP26/23 and non-UK CFD clients.

Frequently asked questions

Does Lux Trading Firm really pay a salary?
Lux advertises a “stable salary” on its homepage and 1-Step Evaluation page. No amount, eligibility rule, frequency or qualifying stage appears in its rules, terms and conditions or terms of use — the word appears in none of them. Until Lux publishes terms, treat the salary as an unquantified marketing claim rather than a contractual entitlement.

Is there a time limit on the Lux evaluation?
No. Lux states there is no minimum or maximum number of trading days and no deadline to reach a profit target, which is genuine and unusual. The binding constraint is instead the Single Trade Profit Limit, which caps each trade at 5% of the stage target and therefore requires at least 20 winning trades to clear any evaluation.

Is Lux Trading Firm regulated in the UK?
No. Lux states it carries out no regulated activities and is therefore not required to be authorised. Its UK entity is registered under SIC 85600, educational support services, and files unaudited small-company accounts. Its Prop Association badge is an industry-body membership, not regulatory authorisation.

Who is the Lux 1-Step Evaluation for?
Traders with a high-frequency, small-increment strategy who value having no clock and no daily stop, and who are comfortable that the payout record is undocumented. Anyone whose edge depends on a small number of large winners will be structurally blocked by the 5% single-trade cap.

This review is independent editorial analysis and is not financial, investment, or trading advice, and is not an endorsement or solicitation. The Industry Spread has no affiliate or referral relationship with the firms covered. Proprietary trading challenges carry a fee that is generally non-refundable, most participants do not reach a funded account, and funded capital is the firm’s capital, not the trader’s. Terms change frequently — always verify current rules directly with the firm before paying any fee.