Lux Trading Firm
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No explanation on why they have cap on Maximum Profit on Live Acc
They charge $1260 for $10Mn account: As per their rules book, even on live acc (as confirmed by their customer service executive Rastislav): Max Loss per trade not more than 5% of risk capital: 5% on $60k = $3 risk per trade Max Profit per trade not more than 5% of profit target: 5% on $150k = $7.5k Essentially profit factor is 2.5 even on Live acc, which is limiting the potential to ride a big trend especially for swingers, i can understand for eval acc as they want to test u, but limiting profits in live account doesnt make sense. I'm not saying 2.5 RR is bad but we can simply keep trailing SL into profits for riding a trend ... There's no proper explanation from Rastislav on this rule either, instead he said: "it's not for me and u to decide the RR limits, it's used by big banks, if u can't adhere, it's fine we can't accommodate every trader" basically he asked me to get the hell of out here with a generic canned response .... what kind of big bank does it? These big players are mostly swingers & they aim for a higher RR by riding the trend...This max profit limit doesn't make any sense anyway, looks like u r doing some shady business (essentially we are risking 3k for 7.5k which is similar to RR of $200k or similar account sizes with around 1% risk). Hope u r not scamming ppl with the dream of showing $1m or u either have fund issues going on. Hopefully I'm wrong but you r not able to explain this rule neither gained my trust. Finding another prop. bye Edit: Lux, u have replied to me below, hence there's no option to respond & prove, pls write a mail (u have my mail) & I'll share u the screenshots of customer service chat by Rastislav where he confirmed profit cannot be more than 5% of profit target $150k in case of $10M account, the same is mentioned in ur rule book as well. I'm surprised you are twisting ur words below by saying max profit limit is 10%. For everyone reading this, please go through their rules once, U'll see it's mentioned max profit on $10mn acc cannot be more than 5% of profit target Edit 2: see now u have corrected to 5% in ur reply below. And yes $7.5k on $10mn with risking $3k is 2.5RR which is okyish but my question is why is it limited on live account if we can ride bigger trend with more potential profit by trailing SL into profits (absolutely no risk in this).