How Eightcap caused problems to many prop firms, which could close them in the next weeks!

Discover the shocking story of how 8cap’s attempt to outsmart MetaQuotes backfired, leading to chaos in the prop trading industry. Learn how Lux Trading Firm's commitment to integrity and self-reliance kept them stable amid the turmoil. This video reveals the critical lessons every trader should know about the risks of shortcuts in the trading world and why choosing a firm like Lux Trading Firm, which values reliability and foresight, is essential. Watch now to ensure your trading future is secure.
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[@michaelxz1305]

I'm still confused about firms that offer "Platform 5", is that something different than those that offer MT5 with EightCap?

[@GuntherWinkelmans]

Tyvm for this very interesting resume of the current propfirm issues.

[@Ammo1013]

Good work Lux. Please make a futures prop for US traders.

[@michaelxz1305]

wait.. was EightCap Propfirms offering MT5 to US traders? (note: I'm only halfway through the video)

[@Funding-m7s]

One day I will be funding with 10million dollar+ funding

[@CalebRosie]

Where do you find out about eightcap losing ASIC regulation and access to Metatrader? Please cite your source.

[@LuxTradingFirm]

We are not the only ones who report this, we have asked one of the prop firms that work with them if this is true, and they confirm this.

[@GuntherWinkelmans]

So funny. Nova took 2 months to move their customers to 8cap, then one week later 8cap stops.

[@chrisdlc281]

Hi, how do i sign up, there is no option for new clients.

[@LuxTradingFirm]

On our main page at www.luxtradingfirm.com if you scroll down you see 3 windows with account sizes and there are in each window 2 buttons, one for the 7-day free trial and the other to start the real program.

[@Betinho666]

Guys, I lot your concept a lot, but that 29 days of trading rule on challenge is exaggerated.

[@LuxTradingFirm]

Any professional trader who is looking for investors' real money or wants to work for a bank, hedge fund, or asset management trading department needs to show an audited track record of at least 1-2 years with real money accounts of at least 100k or more. So, to ask our retail traders who do not have any 100k or higher audited track records, we do not think 29 active trading days is exaggerated to show us if you can trade with our trading and risk management rules before we invest our real money in you. You can’t compare real money prop firms with these simulated virtual money prop firms that have no rules and do not care if you pass in one trade or one day, as they risk a total of nothing on their demo accounts.

[@victoradedamola4797]

​@@LuxTradingFirm I think what @betinho666 is trying to say is that 29 days is too long. Reduce it to 10 or 15 days. As a swing trader, I do not take more than 3 trades in order to reach my expected target. I consider 29 days as overtrading or a trap to lure traders into trying to blow their account. BIG MONEY players don't even do 29 trades in a year. You guys should consider this and amend it if you want traders to use your firm.

[@Betinho666]

@@LuxTradingFirm That's the kind of answer I'd like to get. You guys seem the real deal.

[@Mista_Mack_]

Facts