Review Time
About 1st try of Lux Trading Firm.
Probably a good start, except for first initial filling information as it is different from the other firms.
Spread of G7 Trading is kinda good, at 0.1 pips to 0.5 pips only, during volatile event it can be 1.1 pips., but for swing trader, it is normal.
What you should mention is risk management, you need to take care any positions in setting SL and TP. I am a Forex Dealer for bank so I understand them in risk policy.
About 1st try of Lux Trading Firm. Probably a good start, except for first initial filling information as it is different from the other firms. Spread of G7 Trading is kinda good, at 0.1 pips to 0.5 pips only, during volatile event it can be 1.1 pips., but for swing trader, it is normal. What you should mention is risk management, you need to take care any positions in setting SL and TP. I am a Forex Dealer for bank so I understand them in risk policy.
The new Lux trading rules are very good, i have not yet passed my evaluation but im hopeful to pass . the reset fees are somehow affordable and i trust i will make it.. Customer Support is always on timely and i really appreciate . Looking forward to passing my account and proceed to the next step
Good morning, I've been trading with Lux Trading Firm for several months, however I haven't yet been approved for the next phase. Even so, I have to say the company is excellent, as it has taught me to trade consistently, observing the risk management of each operation. I opened a new account on December 3rd, and I'm doing really well, thanks to the rules the company sets, as this protects us; after all, a loss isn't a mistake. I always lost with proprietary companies full of rules, such as trailing stops, which makes us lose the account quickly, and that's exactly what these companies want: to sell more accounts. With Lux Trading Firm it's different; they want us to perform well, aiming for a long-term relationship. Thank you for the support I've received.
I’ve been burned by two-phase challenges before because I felt forced to rush trades to meet a 30-day deadline. Switching to Lux was the best move I've made. The 1-stage evaluation is straightforward, and because there's no trading days limit, I actually took my time and waited for the right setups. It’s the first time I’ve passed a challenge without feeling like the clock was my biggest enemy.
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