LucidTrading Review: Features, Pricing & Pros/Cons

LucidTrading is changing the funded trading industry with it’s clarity and transparency, as well as it’s trader-first business practice. LucidTrading empowers traders with flexible funding options, professional-grade trading platforms, and daily payouts, which reduces personal financial risk.

Unlike modern prop firms, LucidTrading is set to close the distance to the traditional trading desk with direct funding choices, evaluation, and unparalleled support. LucidTrading is pioneering the funded trading industry with increasing discipline as well as long-term success.

What is LucidTrading?

Lucid Trading is a unique trading company that is designed to assist traders in refining techniques such as risk management strategies as well as tactics to protect themselves while slowly entering live trading.

Unlike other trading firms, Lucid Trading provides capital while bearing little to no risk to the traders as well as themselves. Lucid Trading works to narrow the gap between trading firms and proprietary trading desks.

Unlike other firms, Lucid Trading focuses on the evaluation stage and moves towards live trading. Unlike the rest of the industry, Lucid Trading provides better customer service, clear rules, and other features that are unique to the industry.

Key Points

Key Point	Overview
Funding Options	Two models: Lucid Test (evaluation track) or Lucid Direct (instant live funding).
Transparent Rules	Clear guidelines on profit targets, drawdowns, and consistency requirements.
Daily Payouts	Traders can withdraw profits daily through the LucidLive account.
Professional Platforms	Access to Rithmic, Quantower, and Project X with no restrictions.
Risk Management	Features like LucidScale DLL and 35% Consistency Rule promote discipline.
Scalability	Up to 5 active accounts at once, maximum 10 across all phases.
Low Transition Costs	Only a $50 activation fee after passing evaluation.
Trader Support	Responsive customer service modeled after professional prop trading desks.

Key Features of the LucidTest Phase

• Profit Targets (Based on Account Size):
  • $50,000 Account → $3,000 Profit Target
  • $100,000 Account → $6,000 Profit Target
  • $150,000 Account → $9,000 Profit Target
• Initial Static Daily Loss Limit (DLL):
  • $50,000 Account → $1,200
  • $100,000 Account → $1,800
  • $150,000 Account → $2,700
• LucidScale DLL:
  • Dynamic system allowing a 60% increase in daily loss limit for consistently profitable traders.
• End-of-Day (EOD) Drawdown:
  • Fixed at 4% of the initial balance, adjusts based on highest closed balance.
• Consistency Rule:
  • No single day’s profit can exceed 35% of total profits, ensuring steady growth.
• Payout Targets (5 Days of Profits):
  • $50,000 Account → $200+ per day
  • $100,000 Account → $250+ per day
  • $150,000 Account → $300+ per day
• Maximum Position Sizing:
  • $50,000 Account → 4 Contracts (40 Micros)
  • $100,000 Account → 6 Contracts (60 Micros)
  • $150,000 Account → 10 Contracts (100 Micros)
• Activation Fee:
  • $50 one-time fee to move into LucidPro Phase.
• Maximum Accounts Allowed:
  • Up to 5 active accounts at once, and 10 across all phases.
• Minimum Trading Days:
  • No strict requirement, but at least 10 trading days needed for payouts.

Choose Your Path

Get funding instantly with LucidDirect or pass a LucidTest and move to LucidPro in as little as 1 day

Funding Models — Lucid Trading Funding Options & Evaluation Process

Funding is straightforward with Lucid, offering only two account types with significantly different entry pricing.

Lucid Test, is an evaluation track, which means simple. You meet a profit target, stay within the drawdown limits, and manage to trade without self-destructing. It is less a step and more a phase.

Other brokers have a two- or three-step process, which is utterly ridiculous. If you’ve tried any prop futures challenge, you’ve essentially done this before, but now it is streamlined.

Lucid Direct is where things start to become very interesting. This is true skip-the-line funding, with no sim phase or weeks and weeks of proving yourself. You are dead on arrival. You pay more up front, which is a major. If you trade profitably elsewhere, this is very much a fast lane to adding another capital stream.

Once qualified, both paths lead to LucidLive where the account comes with a pay-out structure which works well for rotation traders (running multiple props at once). This is ideal for anyone wanting to scale without long, tedious, and tough challenges.

What platforms are supported?

Project X Data Feed most popular supported platforms:

• LucidX (Lucid’s Platform)
• Quantower (Lucid Partner)

Rithmic Data Feed’s most popular supported platforms:

• MotiveWave (Lucid Partner)
• Quantower (Lucid Partner)
• Sierra Chart
• Jigsaw
• Bookmap
• ATAS
• R|Trader Pro (official Rithmic platform)

How do fees work?

One-Time Fee

LucidTest and LucidDirect accounts are purchased by paying a one-time fee. There is no subscription and no automatic rebilling. Since there is no monthly billing cycle, you will need to buy a reset if you wish to restart your LucidTest. Resets are not automatic or free.

No Activation Fees

There is no activation fee to upgrade a LucidTest to a LucidPro.

Account Resets

If a trader fails a LucidTest account, they may purchase a reset from the trader dashboard. A reset returns the account to its original starting conditions, including balance and risk parameters.

Lucid Trading Affiliate Program

Lucid Trading offers affiliates the opportunity to earn 12% commission on evaluation and reset fees when traders sign up using your exclusive affiliate link or code.

You can promote Lucid Trading through social media, Discord, your website, email, and other marketing methods.

If you wish to partner with Lucid Trading please complete the entire registration form. Not all applications are approved. 

Key Features of LucidTrading

Simple Funding Models

Get ready for an easy start with either Lucid Test or Lucid Direct. For those who prefer some evaluation before diving in, Lucid Test will be perfect. On the other hand, the Lucid Direct approach will be ideal for those who want to dive in headfirst and start live trading straight away.

Transparent Rules

Trading requirements on LucidTrading are straightforward to follow, so you can go straight to the profit targets, drawdown limits, and position limits that are already set. Their position limits are an example of the type of rules set above.

This also works the other way around with vagueness, as participants won’t be able to help stick to targets, thus focusing on the execution of their own formulated strategies.

Daily Payouts

Unlike most trading platforms, which require a wait to access your funds, the LucidLive account allows you to withdraw your profits daily.

This system enhances your decision-making in trades and financial liquidity by providing instant access to your profits, leading to instant financial freedom and liquidity in trades.

Professional Platforms

Start your trading journey with LucidTrading and have immediate access to platforms on the higher end like Rithmic, Quantower, and the Project X. Unlike other trading firms with beginner-restricted novice platforms, this allows greater market accuracy with instant trading due to the instant professional tools provided.

Controlled Risk Management

Risk is controlled as encouraged by LucidScale DLL and concomitant rules. These aspects of the trading system guarantee steady, disciplined, profitable growth. Short gains, as well as the possibility of demolishing trades, are avoided untowardly.

Flexibility

Traders, at the same time, have up to five active accounts and, in total, have no more than ten, across all phases. This flexibility allows the implementation of numerous capital-building strategies to scale portfolios, adopt rotation trading, and grow capital streams.

Minimal Step Transition Fees

Having completed the evaluation, traders only pay the $50 activation fee and get access to LucidPro Phase. This fee is one of the lowest, and as such reasonable, making step transitions extremely tailored as most trading competitors charge exorbitant monthly payments.

Focused-Trader Support

Traders are assured strong customer support and trading desk monitoring, which LucidTrading converts to proprietary desks, appropriate for proprietary trading. This assures Lucid traders the necessary, easy access to help at the most important times, allowing better long-term performance through minimum complexity.

Pros & Cons Of LucidTrading

1. Very fast payouts.Users have mentioned that requested payouts are approved and paid within minutes. Claim this on ([Trustpilot][1]).
2. Rules are clear and easy to follow. Documentation on profit expectations and limits, as well as loss thresholds, and evaluation criterions are concise and easy to digest.
3. Customer Support is Good. According to users, support is fast, friendly, and at times, even handled at high levels.
4. Multiple Ways to Receive Funding. Either you evaluate accounts via LucidTest or go straight to LucidDirect. This provides a variety of options.
5. Daily payouts and fund live accounts. Traders who have met qualification requirements are able to operate live accounts and receive payouts on a daily basis.

Cons

1. Direct accounts have high cost and upfront fees. Skipping the evaluation to select LucidDirect comes at a higher price, which can be the downside for a portion of traders.
2. Rule Enforcement is Tight or Consistency is Low. Traders that experience drawdowns or daily loss limits often feel the metrics are too tight and inflexible.
3. Fees for renewal or reset of evaluations. LucidTest is a subscription service that renews monthly unless cancelled, and the additional cost to reset a test account to attempt is repetitive.
4. For some accounts, communication on breach may be ambiguous. A customer complained that breach notifications for loss of max communication were, at best, account type-dependent, and not the clearest.

Conclusion

LucidTrading is a fresh, bespoke trading firm focusing on professionalism while combining transparency, flexibility, and firm-level support. Blank page trading facilitites growth & financial flexibility with distinct rules, two different funding options, and daily payouts.

Advanced tools, adaptive risk controls, and flexible account structures enable traders to operate without stringent limitations.

While rules of upfront payments associated with LucidDirect and rigid rules of consistency may not appeal to everyone, the firm’s focus on the traders’ success and responsibility helps it stand above the rest.

Untethered and disciplined traders can rest easy with the knowledge that LucidTrading is a dependable option.

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