Can you display who your investors are on paper Oliver? I see Goldman, I see credit suisse and Barclay's, but can you show proof of all your investors that way people feel More comfortable on trading your money and know they'll be paid properly and have a firm they can rely on? Your videos are great and appreciated very much Oliver
Hi Jeff, Investors are not the ones who pay out your profits; your profits are made in the real market where your trades are filled by liquidity providers such as Barclay’s, Credit Suisse and Goldman. They guarantee and will pay your profits out via our brokerage accounts to all our traders. So to see your proof that we trade on real money accounts, we have this on our website confirmed by our world's #1 rated regulated broker, Global Prime: luxtradingfirm.com/wp-content/uploads/2021/09/Lux.Letter.Authenticity-1.pdf This way, you have proof that you trade on real money accounts and that our broker and we do not trade against you. As well, our broker provides any trader with a trade receipt, so you can always see proof that your trades are filled by these liquidity providers and was sent to the real markets, see this on our broker website: www.globalprime.com/ This as well shows your proof on our broker website that you trade with real liquidity providers. No other online prop firm has shown any proof that they trade on real money accounts and send your traders to real liquidity providers as we do.
Hi Oliver, I was under the impression that Lux was obtaining liquidity for the trading accounts from the mentioned money center institutions via secured line of credits. Now, it seems that the liquidity providers are the counter parties to the trades. Do I understand this? I'll be on board after I develope and test a strategy suitable to your trading rules. My draw down tolerance is to high now, and I am not experienced with CFD trading. I like the idea of attracting more large investors. A top flight trader will make far more from larger capital pools and higher account values than with marginally higher payouts.
@@dsSpitfiremk4 Hi dsSpitfiremk4, When you trade CFD’s you always trade against a liquidity provider, in case you trade with these challenges prop firms, you trade against them, and their liquidity comes from the fees they collect. When you trade with a prop firm that uses an offshore B-Book broker, then you trade against that broker's liquidity he collects from its retail traders. When you trade with us, your trades are sent to the real market environment to the real big bank liquidity providers, who you then trade against. It is essential to know who you trade against if they have enough liquidity to pay you and all other traders out when they make profits in the markets. The prop firms who only create liquidity by the fees are the most dangerous as you never know if they collect more fees, then they need to pay out the good traders as happened already by two big prop firms, Funded Talents and DT4X. Offshore B-Book brokers are dangerous as you also never know if this broker is big enough and has enough liquidity from a group of retail traders. They have a similar risk as to the fee colletors. The only difference is that the B-book brokers collect higher amounts than only fees as they also collect deposits from retail traders' live accounts. On the liquidity of the big banks, you do not need to worry that they can’t pay out your profits as they have enough liquidity for all traders. The investors we speak about are investors who have to put up the margin requirements and the risk capital so our traders can trade on real money accounts as that we need to place by our broker so our traders can trade these real money accounts. The other prop firms do not have to find investors as they offer virtual money accounts, and everybody can get as much as anybody needs.
Hi Brainy, we are an online prop trading firm and not a trading desk as the old firms had as this will restrict us to only get local traders and not as now traders from all over the world. We soon start with our workshops in Porto Montenegro where will make some video shots and show this after. If you want to know more about these workshops and our elite trader packages have look at this page for all information: luxtradingfirm.com/lux-elite-traders-club/
@@brainyfellas7752 If you register a company you can't do that without a company address, so yes we have 3 different company offices addresses but only the new office will have a trading desk in the future for the workshops for our elite trading packages: luxtradingfirm.com/lux-elite-traders-club/
Suppose someone goes with your career plan and gives up other careers. What are the chances of your company shutting down some day and all that hard work going to waste.
Hi Milli, there are no guarantees in life, but if you understand the video's message, the risk this will happen is much more significant with the other prop firms' models than our model.
@@LuxTradingFirm Okay cool. I would like to ask something since you guys have been in the trading space for 30 years. Do you know of any traders that have been consistent with trading 1 instrument only?
I would be more concerned about overzealous government regulations shutting these shops down. There are a lot of bad actors and the regulators may ‘throw the baby out with the bath water’.
Hi, our fees are lower if you compare them to all other growth plan fees, but if you compare our fees with these challenges it can look more but their accounts are not growing from 15k all the way up to 10 million + or more. So in perspective, our fees are very competitive and we give the fee back to anybody who passes stage 1 already. PS: start with the smallest account size of 299 GBP and this will grow all the way up to the 10 million + fund manager account only it takes you 2 stages more but it saves you 200 GBP on fees.
@@waveski55 Hi Paolo, when a program makes a change or adds new rules then this can only be offered to new sign-ups and not to the one from before. Sometimes this works to your benefit when we raise our fees and do not ask the traders from before to add pay extra fees and other times this does not work in your favourite like with the fee refunded rule. But overall we always try to do the best for our traders and our program.
It's 100% true, most of online prop firms are B book.
Can you display who your investors are on paper Oliver? I see Goldman, I see credit suisse and Barclay's, but can you show proof of all your investors that way people feel More comfortable on trading your money and know they'll be paid properly and have a firm they can rely on? Your videos are great and appreciated very much Oliver
Hi Jeff,
Investors are not the ones who pay out your profits; your profits are made in the real market where your trades are filled by liquidity providers such as Barclay’s, Credit Suisse and Goldman. They guarantee and will pay your profits out via our brokerage accounts to all our traders.
So to see your proof that we trade on real money accounts, we have this on our website confirmed by our world's #1 rated regulated broker, Global Prime: luxtradingfirm.com/wp-content/uploads/2021/09/Lux.Letter.Authenticity-1.pdf
This way, you have proof that you trade on real money accounts and that our broker and we do not trade against you.
As well, our broker provides any trader with a trade receipt, so you can always see proof that your trades are filled by these liquidity providers and was sent to the real markets, see this on our broker website: www.globalprime.com/
This as well shows your proof on our broker website that you trade with real liquidity providers.
No other online prop firm has shown any proof that they trade on real money accounts and send your traders to real liquidity providers as we do.
Hi Oliver,
I was under the impression that Lux was obtaining liquidity for the trading accounts from the mentioned money center institutions via secured line of credits.
Now, it seems that the liquidity providers are the counter parties to the trades. Do I understand this?
I'll be on board after I develope and test a strategy suitable to your trading rules. My draw down tolerance is to high now, and I am not experienced with CFD trading. I like the idea of attracting more large investors. A top flight trader will make far more from larger capital pools and higher account values than with marginally higher payouts.
@@dsSpitfiremk4 Hi dsSpitfiremk4,
When you trade CFD’s you always trade against a liquidity provider, in case you trade with these challenges prop firms, you trade against them, and their liquidity comes from the fees they collect. When you trade with a prop firm that uses an offshore B-Book broker, then you trade against that broker's liquidity he collects from its retail traders. When you trade with us, your trades are sent to the real market environment to the real big bank liquidity providers, who you then trade against.
It is essential to know who you trade against if they have enough liquidity to pay you and all other traders out when they make profits in the markets. The prop firms who only create liquidity by the fees are the most dangerous as you never know if they collect more fees, then they need to pay out the good traders as happened already by two big prop firms, Funded Talents and DT4X. Offshore B-Book brokers are dangerous as you also never know if this broker is big enough and has enough liquidity from a group of retail traders. They have a similar risk as to the fee colletors. The only difference is that the B-book brokers collect higher amounts than only fees as they also collect deposits from retail traders' live accounts. On the liquidity of the big banks, you do not need to worry that they can’t pay out your profits as they have enough liquidity for all traders.
The investors we speak about are investors who have to put up the margin requirements and the risk capital so our traders can trade on real money accounts as that we need to place by our broker so our traders can trade these real money accounts. The other prop firms do not have to find investors as they offer virtual money accounts, and everybody can get as much as anybody needs.
Great amazing
can u make a office tour video and show us your trading floor.
Hi Brainy, we are an online prop trading firm and not a trading desk as the old firms had as this will restrict us to only get local traders and not as now traders from all over the world. We soon start with our workshops in Porto Montenegro where will make some video shots and show this after. If you want to know more about these workshops and our elite trader packages have look at this page for all information: luxtradingfirm.com/lux-elite-traders-club/
@@LuxTradingFirm if I not mistaken in your web, you mentioned to have 3 different location offices.
@@brainyfellas7752 If you register a company you can't do that without a company address, so yes we have 3 different company offices addresses but only the new office will have a trading desk in the future for the workshops for our elite trading packages: luxtradingfirm.com/lux-elite-traders-club/
amazing
Suppose someone goes with your career plan and gives up other careers. What are the chances of your company shutting down some day and all that hard work going to waste.
Hi Milli, there are no guarantees in life, but if you understand the video's message, the risk this will happen is much more significant with the other prop firms' models than our model.
@@LuxTradingFirm Okay cool. I would like to ask something since you guys have been in the trading space for 30 years. Do you know of any traders that have been consistent with trading 1 instrument only?
@@millia5111 yes there are many traders who only trade one instrument or symbol and are very successful like oil traders, indices or only trade gold.
I would be more concerned about overzealous government regulations shutting these shops down. There are a lot of bad actors and the regulators may ‘throw the baby out with the bath water’.
At least lower the starting fee then. Comes on guys. £100 pounds isn't going to hurt you guys.
Hi, our fees are lower if you compare them to all other growth plan fees, but if you compare our fees with these challenges it can look more but their accounts are not growing from 15k all the way up to 10 million + or more. So in perspective, our fees are very competitive and we give the fee back to anybody who passes stage 1 already. PS: start with the smallest account size of 299 GBP and this will grow all the way up to the 10 million + fund manager account only it takes you 2 stages more but it saves you 200 GBP on fees.
@@LuxTradingFirm Well, for the 'early believers ' in Lux (signed up before 10/10/2021), they won't get any fee back. But great firm anyway
@@waveski55 Hi Paolo, when a program makes a change or adds new rules then this can only be offered to new sign-ups and not to the one from before. Sometimes this works to your benefit when we raise our fees and do not ask the traders from before to add pay extra fees and other times this does not work in your favourite like with the fee refunded rule. But overall we always try to do the best for our traders and our program.