Lucid Trading Review 2025: A Comprehensive Look at This Prop Trading Firm
When it comes to prop trading firms, Lucid Trading has emerged as a leading name in the futures prop firms industry. At PropFirm Plus, we’ve taken an in-depth look at what Lucid Trading offers, including its funded trader program, trading rules, platforms, instruments, and payout policies.
Whether you’re a seasoned futures trader or just starting out, Lucid Trading provides a transparent and structured path to success in the world of proprietary trading.
What Is Lucid Trading Futures Prop Firm?
Lucid Trading is a prop trading firm that specializes exclusively in futures trading. Unlike many other prop firms that offer forex, stocks, or commodities, Lucid Trader caters specifically to traders who want to trade futures contracts. The firm provides access to funded accounts ranging from $50,000 to $150,000, making it an attractive option for both beginners and experienced prop traders alike.
With competitive profit splits, flexible withdrawal options, and access to advanced tools, Lucid Trading aims to attract traders who are confident in their abilities and ready to take on the challenges of futures markets.
Lucid Trading Funding Programs and Challenges
Lucid Trading Prop Firm offers two primary funding programs: the LucidTest Phase and the LucidPro Phase. These programs are designed to ensure that only skilled and disciplined traders are funded. Here’s how they work:
LucidTest Phase
The LucidTest Phase at Lucid Trading is a rigorous process designed to assess traders’ skills and risk management abilities. This phase includes multiple stages tailored to different account sizes. Below is a detailed breakdown of the evaluation process:
Key Features of the LucidTest Phase
- Profit Target:
- Lucid Traders must achieve a profit target based on their chosen account size:
- $50,000 Account → $3,000 Profit Target
- $100,000 Account → $6,000 Profit Target
- $150,000 Account → $9,000 Profit Target
- Lucid Traders must achieve a profit target based on their chosen account size:
- Initial Static Daily Loss Limit (DLL):
- Lucid Traders cannot lose more than a predetermined percentage of their starting balance in a single day:
- $50,000 Account → $1,200 Initial Static DLL
- $100,000 Account → $1,800 Initial Static DLL
- $150,000 Account → $2,700 Initial Static DLL
- Lucid Traders cannot lose more than a predetermined percentage of their starting balance in a single day:
- LucidScale DLL:
- The LucidScale DLL adjusts dynamically based on performance and allows for a 60% increase in the daily loss limit once traders demonstrate consistent profitability.
- End-of-Day (EOD) Drawdown:
- The EOD Drawdown is set at 4% of the initial balance and adjusts based on the highest closed balance at the end of each trading day.
- Consistency Rule:
- A 35% Consistency Rule applies during the evaluation phase.
- No single trading day’s profit can exceed 35% of the total generated profits, ensuring steady and sustainable performance.
- Payout Targets:
- Lucid Traders must achieve 5 days of profit meeting specific thresholds:
- $50,000 Account → $200+ per day
- $100,000 Account → $250+ per day
- $150,000 Account → $300+ per day
- Lucid Traders must achieve 5 days of profit meeting specific thresholds:
- Maximum Position Sizing:
- Lucid Traders are allowed to use up to 10 contracts per position, depending on their account size:
- $50,000 Account → 4 Contracts (40 Micros)
- $100,000 Account → 6 Contracts (60 Micros)
- $150,000 Account → 10 Contracts (100 Micros)
- Lucid Traders are allowed to use up to 10 contracts per position, depending on their account size:
- Activation Fee:
- Upon passing the evaluation phase, traders pay a one-time activation fee of $50 to transition to the LucidPro Phase.
- Maximum Accounts:
- Traders can hold up to 5 active accounts simultaneously, with a maximum of 10 accounts across all phases.
- Minimum Trading Days:
- There is no strict minimum trading day requirement, but traders must complete at least 10 days of trading to qualify for payouts.
LucidPro Phase
Once traders pass the LucidTest Phase, they receive a funded account with capital ranging from $50,000 to $150,000, depending on their chosen plan.
Traders can trade freely within the firm’s rules and retain a significant portion of their Lucid Trading profits (up to 90% ).
This funded program is a hallmark of Lucid Trading, setting it apart from other futures prop firms.
LucidEscrow Account
A LucidEscrow Account is a simulated trading account created for traders who were moved to live trading and subsequently liquidated their account.
It is funded using the escrow balance held when the trader transitioned to live. Traders may take payouts from a LucidEscrow Account.
Why Use It?
The LucidEscrow Account offers traders a second chance at returning to live trading after liquidating a LucidLive Account due to drawdown.
How Do We Assess Your Trading?
Performance benchmarks must be met to earn payouts or return to live trading. Refer to the Live Trading documentation for details.
LucidLive Account
LucidLive Accounts are trading accounts funded with real capital. Live traders trade in the actual futures market and earn real profits.
Why Use It?
Traders can treat LucidLive Accounts like their personal brokerage account. Swing trading is allowed, funds can be withdrawn daily, and risk settings can be customized.
How Do We Assess Your Trading?
Risk managers monitor performance to ensure responsible risk management. Traders receive support and guidance to build long-term success.
Transitioning to LucidLive
Traders transition to LucidLive in the following scenarios:
- They reach the final payout.
- Lucid identifies them as a live candidate before reaching the final payout.
Upon transitioning, profits from LucidPro Accounts are split into two buckets:
- 70% eligible for live is allocated to the LucidLive Account.
- 30% held in escrow is released as bonuses upon meeting performance benchmarks.
If the LucidLive Account is liquidated, the remaining escrow balance creates a LucidEscrow Account for a second chance at live trading.
Lucid Trading Rules
Lucid Trading has clear and transparent trading rules designed to protect both the trader and the firm. Key rules include:
- Lucid Trading Maximum Daily Loss Limit: Traders cannot lose more than 2.4% of their account balance in a single day.
- Lucid Trading Maximum Overall Loss Limit: Traders cannot exceed a total loss of 4% of their account balance during the evaluation phase.
- Position Sizing: Traders are allowed to use up to 10 contracts per position, depending on their account size.
- No Scalping: Traders are prohibited from scalping or holding positions for less than 1 minute.
- No News Trading: Trading during high-impact news events is not allowed to avoid excessive volatility.
These rules ensure that Lucid Traders maintain discipline and manage risk effectively, making Lucid Trading a trusted name among prop trading firms.
Lucid Trading Payout
Depending on the account tier, traders can retain 90% of their Lucid Trading profits. Here’s how Lucid Trading payouts work:
- Lucid Trading Profit Split:
- Traders keep 90% of their profits
- Lucid Trading Withdrawals:
- Profits can be withdrawn daily after passing the evaluation phase and meeting the firm’s trading rules.
- Lucid Trading Scaling Up:
- Traders who consistently perform well can request an increase in their account size, allowing them to trade with larger capital and earn higher payouts.
- Swing Trading Allowed:
- Unlike many other prop firms, Lucid Trading allows swing trading, giving traders more flexibility in their strategies.
- Custom Risk Settings:
- Traders can customize their risk settings to align with their trading style and goals.
Lucid Trading Platforms and Instruments
Lucid Trading provides traders with access to professional-grade trading platforms, including:
- Quantower: A powerful platform for futures trading, offering advanced charting tools, backtesting capabilities, and automated trading features.
- MotiveWave: A popular platform for technical analysis, allowing traders to create custom indicators and strategies.
The firm focuses exclusively on futures markets, offering a wide range of instruments, including:
- Indices: E-mini S&P 500 (ES), E-mini Nasdaq (NQ), and E-mini Dow (YM).
- Commodities: Crude Oil (CL), Natural Gas (NG), Gold (GC), and Silver (SI).
- Currencies: Euro FX (6E), British Pound (6B), and Japanese Yen (6J).
This specialization makes Lucid Trading an ideal choice for traders who prefer futures trading over other asset classes.
Lucid Trading Prop Firm Pros and Cons
Pros
- Transparent Rules: The evaluation process and trading rules are well-documented, giving traders a clear understanding of what is expected.
- Advanced Tools: Access to platforms like Quantower and MotiveWave ensures traders have the tools they need to succeed.
- Supportive Community: Lucid Trading fosters a collaborative environment through forums and mentorship programs.
Cons
- Limited Asset Classes: The exclusive focus on futures trading may not appeal to traders who prefer diversification across multiple asset classes.
- Rigorous Evaluation: The evaluation process can be challenging, especially for beginners who may struggle to meet performance benchmarks.
- Higher Fees: Compared to some competitors, Lucid Trading charges relatively high fees, which could impact profitability for less experienced traders.
Lucid Trading Review Conclusion
Lucid Trading Prop Firm is best suited for traders who have a strong interest in futures markets and are comfortable operating in high-leverage environments. Its competitive profit splits and advanced tools make it particularly appealing to experienced prop traders who are confident in their abilities.
However, beginners may find the evaluation process daunting and should carefully consider whether they’re ready for the demands of futures trading.
Final Thoughts: Is Lucid Trading Futures Prop Firm Right for You?
In summary, Lucid Trading is a solid choice for traders who specialize in futures trading. Its transparent evaluation process, generous profit-sharing model, and access to cutting-edge tools make it a standout option in the prop trading space. However, its narrow focus on futures markets and higher fees may not appeal to everyone.
If you’re a futures trader looking for a firm that values transparency, rewards performance,
and provides access to advanced technology, LucidTrading is definitely worth considering.
As always, we recommend thoroughly reviewing the firm’s terms and conditions before committing to ensure it aligns with your trading goals.
For those interested in maximizing their savings, be sure to check out Lucid Trading Coupon, Lucid Trading Discount Code, or Lucid Trading Promo Code to reduce your initial costs when signing up for their funded trader program. Additionally, you can explore Lucid Trading Trustpilot reviews or visit their Lucid Trading FAQ page for more insights into their services.
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