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Is Copy Trading Allowed at Lux Trading Firm?
The Simple Answer
Yes, and quite openly. Lux Trading Firm allows copy trading and trade mirroring tools, and you are free to follow or copy trades from other accounts, as long as every trade complies with the risk rules and drawdown limits. You can copy between your evaluation accounts, but not between INSTA accounts.
What Is Allowed and What Is Not
How Copy Trading Works Here
You may hold up to 5 evaluation accounts at once and copy trade between them. You may also hold up to 5 INSTA accounts, but you cannot copy trade between INSTA accounts, and you cannot open or hold similar trades across INSTA accounts, or between INSTA and evaluation accounts, since that would create matching positions.
What Counts as a Breach
On INSTA accounts, copy trading between them, or holding similar trades across INSTA accounts or between INSTA and evaluation accounts, is not allowed and would immediately create prohibited similar trades. All copying must stay within the risk rules and drawdown limits.
Final Comments
Lux Trading Firm is one of the more open firms on copy trading, even allowing you to follow other accounts, provided the risk rules hold. The exception is its INSTA accounts, which cannot copy between each other or hold matching trades with your evaluation accounts.
Related Pages
FAQ
Is copy trading allowed at Lux Trading Firm?
Yes. Lux allows copy trading and mirroring tools, and you can even follow or copy other accounts, as long as trades comply with the risk and drawdown rules.
Can I copy between my evaluation accounts?
Yes. You may hold up to 5 evaluation accounts and copy trade between them.
Can I copy between INSTA accounts?
No. You may not copy trade between INSTA accounts, or hold similar trades across them or with your evaluation accounts.
Does copying have to follow the risk rules?
Yes. All copied trades must comply with the risk rules and drawdown limits.
