Topstep vs Lux Trading Firm: Which Prop Firm Is Better?
Traders choosing between Topstep and Lux Trading Firm face a classic trade-off between established reputation and modern flexibility. Topstep, founded in 2012, offers higher profit splits that scale to 90% but requires 5 minimum trading days, while the newer Lux Trading Firm provides instant payouts and zero minimum trading days at a fixed 80% split. This comparison examines their key differences across trading rules, payout structures, platform options, and overall value proposition to help you determine which firm aligns with your trading style and goals.
T
Topstep
Est. 2012 · Chicago, USA
4.4
14,000 reviews
VS
2 wins
5 ties
5 wins
LT
Lux Trading Firm
Est. 2021 · London, UK
4
1,000 reviews
Feature
Topstep
Lux Trading Firm
Challenge Price ($100K)
N/A
$260
Phase 1 Profit Target
N/A
10%
Max Total Loss
N/A
6%
Min Trading Days
5 days
0 days✓ More flexible
Time Limit (Phase 1)
No limit
No limit
Payout Split
50% (up to 90%)✓ Higher profit split
80%
Payout Frequency
daily✓ Faster payouts
instant
Platforms
N/A
MT5, The Lux Trader, MatchTrader✓ More platform options
Topstep
Pros
+Performance-based capital release structure with 20% initial access scaling to full balance
+Daily payout eligibility after 30 benchmark trading days with up to 90% profit split
+Performance bonus program offering over $250,000 in cash bonuses for consistent traders
+Dynamic risk expansion that adjusts daily loss limits as account balance grows
+Live Funded Account structure designed to help transition from simulated to live trading
Cons
−Must maintain account balance above $0 at all times or forfeit account
−Initial payout split limited to 50% until reaching 30 benchmark trading days
−Account automatically closed if inactive for 90 days
−All positions must be closed by 3:10 PM CT daily
−Protective stops required on every open position
Lux Trading Firm
Pros
+Offers the largest account sizes in the industry up to $10,000,000
+1-stage evaluation process with instant funding available
+100% evaluation fee refund after passing first stage
+Instant withdrawals with no fixed payout cycles
+Real A-book execution with direct liquidity provider partnership
Cons
−Complex risk consistency rules requiring fixed percentage allocation per trade
−High-frequency trading and automated EAs strictly prohibited
−Single trade profit limited to 5% of profit target per stage
−Higher evaluation fees compared to many competitors
−Static 6% drawdown limit that doesn't move with account growth
Our Verdict
Which Should You Choose?
Lux Trading Firm suits traders who prioritize flexibility and modern features. With zero minimum trading days, instant payouts, and multiple platform options including MT5, it's ideal for scalpers, part-time traders, and those who want immediate access to their profits. The 80% profit split is competitive, and the lower barrier to entry makes it appealing for newer prop traders.
Topstep works better for consistent, full-time traders who can benefit from its scaling profit structure. The 50% starting split increases to 90% over time, making it more profitable long-term for traders who plan multiple funding cycles. Its 4.4/5 Trustpilot rating from 14,000 reviews also provides more confidence in the firm's stability.
For most traders, Lux Trading Firm offers better immediate value with its combination of flexibility and instant payouts. However, experienced traders planning long-term relationships should consider Topstep's superior scaling profit splits that can reach 90%.
Choose Topstep if:
→Performance-based capital release structure with 20% initial access scaling to full balance
→Daily payout eligibility after 30 benchmark trading days with up to 90% profit split
→Performance bonus program offering over $250,000 in cash bonuses for consistent traders
→Dynamic risk expansion that adjusts daily loss limits as account balance grows
Choose Lux Trading Firm if:
→Offers the largest account sizes in the industry up to $10,000,000
→1-stage evaluation process with instant funding available
→100% evaluation fee refund after passing first stage
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.