Terms and Conditions

Important terms governing your participation in LuxoraFX evaluation programs and funded trading opportunities

Terms and Conditions

Last Updated: December 2024 | Version 2.1

1. Introduction and Acceptance

Welcome to LuxoraFX, a proprietary trading firm that provides evaluation programs and funding opportunities for skilled traders. These Terms and Conditions ("Terms") govern your use of our services, including but not limited to our evaluation programs, trading platforms, and related services.

By accessing our website, registering for an evaluation program, or using any of our services, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree with any part of these Terms, you must not use our services.

LuxoraFX reserves the right to modify these Terms at any time. Changes will be effective immediately upon posting on our website. Your continued use of our services after any changes constitutes acceptance of the new Terms.

2. Evaluation Programs

2.1 Program Structure: LuxoraFX offers three distinct evaluation programs: Fast FX Plan (single phase), Regular Plan (two phases), and Swing Plan (two phases). Each program has specific profit targets, maximum loss limits, and trading rules that must be strictly followed.

2.2 Simulated Trading: All evaluation programs utilize simulated trading accounts with virtual funds. No real money is at risk during the evaluation process. These accounts are designed to assess your trading skills and risk management capabilities.

2.3 Evaluation Criteria: To successfully complete an evaluation phase, you must:

  • Achieve the specified profit target for your chosen program
  • Maintain compliance with maximum daily and overall loss limits
  • Follow all trading rules and restrictions
  • Complete the minimum required trading days
  • Demonstrate consistent risk management practices

2.4 Program Fees: Each evaluation program requires a one-time fee. This fee is non-refundable except in cases where LuxoraFX determines that a technical error prevented fair evaluation.

3. Trading Rules and Restrictions

3.1 Prohibited Trading Practices: The following practices are strictly prohibited and may result in immediate account termination:

  • High-frequency trading or scalping strategies
  • News trading during high-impact economic events (except Swing Plan)
  • Weekend gap trading (except Swing Plan)
  • Hedging between multiple accounts
  • Copy trading or signal following
  • Expert Advisors (EAs) without prior approval
  • Martingale or grid trading strategies

3.2 Leverage Limits: Maximum leverage varies by program: Fast FX Plan (1:50), Regular Plan (1:100), Swing Plan (1:30). Exceeding these limits may result in position closure and potential rule violations.

3.3 Position Sizing: Maximum position size is limited to ensure proper risk management. Specific limits are outlined in your program documentation and must be strictly observed.

4. Funding and Profit Sharing

4.1 Funding Eligibility: Upon successful completion of all evaluation phases, traders may be eligible for a funded account. Funding is at LuxoraFX's sole discretion and subject to final verification and compliance checks.

4.2 Profit Sharing: Funded traders are entitled to a percentage of profits generated, as specified in their funding agreement. Profit sharing percentages may increase based on performance and consistency.

4.3 Withdrawal Conditions: Profit withdrawals are subject to minimum thresholds and processing periods. All withdrawals must comply with our verification procedures and applicable regulations.

4.4 Account Scaling: Successful funded traders may be eligible for account scaling, increasing their trading capital based on consistent performance and adherence to risk management rules.

5. Account Management and Monitoring

5.1 Real-Time Monitoring: All trading accounts are monitored in real-time for compliance with program rules and risk management requirements. Automated systems may close positions or suspend accounts for rule violations.

5.2 Account Suspension: LuxoraFX reserves the right to suspend or terminate accounts for rule violations, suspicious activity, or failure to meet evaluation criteria.

5.3 Data and Analytics: We collect and analyze trading data to assess performance, ensure compliance, and improve our services. This data remains confidential and is used solely for evaluation purposes.

6. Intellectual Property and Confidentiality

6.1 Proprietary Information: All trading strategies, risk management systems, and proprietary technology used by LuxoraFX remain our exclusive intellectual property.

6.2 Confidentiality: Traders must maintain strict confidentiality regarding LuxoraFX's trading methods, evaluation criteria, and business operations.

6.3 Non-Disclosure: Information obtained during the evaluation process or funded trading period must not be shared with third parties or used for competitive purposes.

7. Limitation of Liability and Disclaimers

7.1 Service Availability: While we strive for continuous service availability, LuxoraFX does not guarantee uninterrupted access to trading platforms or services. Technical issues, maintenance, or market conditions may affect service availability.

7.2 Trading Results: Past performance in evaluation programs does not guarantee future results in funded accounts. Trading involves risk, and results may vary based on market conditions and individual trading decisions.

7.3 Limitation of Damages: LuxoraFX's liability is limited to the amount of fees paid for evaluation programs. We are not liable for indirect, consequential, or punitive damages arising from the use of our services.

8. Termination and Account Closure

8.1 Voluntary Termination: Traders may terminate their participation in evaluation programs at any time. However, program fees are non-refundable except in specific circumstances outlined in our refund policy.

8.2 Involuntary Termination: LuxoraFX may terminate accounts for rule violations, fraudulent activity, or failure to meet evaluation criteria. Terminated accounts are not eligible for refunds or reinstatement.

8.3 Post-Termination Obligations: Confidentiality and non-disclosure obligations survive account termination and remain in effect indefinitely.

9. Governing Law and Dispute Resolution

9.1 Governing Law: These Terms are governed by the laws of the United Arab Emirates. Any disputes arising from these Terms or the use of our services shall be subject to the exclusive jurisdiction of UAE courts.

9.2 Dispute Resolution: We encourage resolution of disputes through direct communication. If formal proceedings become necessary, both parties agree to attempt mediation before pursuing litigation.

9.3 Severability: If any provision of these Terms is found to be unenforceable, the remaining provisions shall continue in full force and effect.

10. Contact Information

For questions regarding these Terms and Conditions or any aspect of our services, please contact us:

Email: [email protected]

Phone: +971-50-8596-279

Address: Office # 210 Al-Nasar Sports Club, Dubai, UAE

Business Hours: Sunday - Thursday, 9:00 AM - 6:00 PM (GST)