Lucid Trading Guide: The Easiest Prop Firm for Funding/Payouts
Trading with a newer firm means accepting more risk than trading with established names, but Lucid is highly rated and growing fast. There have been no major issues, but decide for yourself. This page contains affiliate links, which means I may earn a commission at no extra cost to you.
Use code IMAN to get the highest discount.
Current sales — just use code IMAN. It automatically applies the highest possible discount
First, LucidFlex vs LucidPro. Then, a guide on LucidDaily.
Lucid offers 25k, 50k, 100k, & 150k account sizes. This table compares the 50k accounts to demonstrate the important policy differences. Their website here makes it easy to compare different account sizes, but this table puts all the harder-to-find rules in 1 convenient spot. You can save money on accounts by adding a daily loss limit.
| 50k Flex | 50k Pro | |
|---|---|---|
| Price at 30% off | $95 | $120 |
| Highest discount code | IMAN | IMAN |
| Profit target | $3,000 | $3,000 |
| Max drawdown | $2,000 | $2,000 |
| Drawdown type | EOD | EOD |
| Daily loss limit | NONE | NONE |
| Consistency rule (eval) | 50% | NONE |
| Max position size | 4 minis / 40 micros | 4 minis / 40 micros |
| Activation fee | NONE | NONE |
| Minimum days to pass | 2 | 1 |
| FUNDED ACCOUNT | 50K FLEX FUNDED | 50K PRO FUNDED |
| Profit split | 90% | 90% |
| Payout rules | 5 days of at least +$150, then withdraw up to 50% of the balance. Must be net positive by at least $1 between each payout request. MLL moves to account's starting balance +$100 after 1st payout. | Be net positive by at least $500 between each payout. Request whatever you make beyond the buffer. |
| Daily loss limit | NONE | NONE |
| Buffer before payouts? | NONE | $52,100 |
| Consistency rule | NONE | 40% (applies to every payout cycle) |
| Scaling rule | Yes | NONE, immediate access to maximum position size |
| Max payouts and earnings potential before getting moved to a live account | Request 50% of your balance up to $2,000 each request. Live account given after 5 payouts. That means the max earnings potential per account is $10,000. Get the 100k or 150k account if you want more. | Max payout is $2,000 on first request, then $2,500 for subsequent requests. It used to be $12,000 of max earnings, but now it says "no simulated payout caps." Lucid can/will move you live at their discretion. |
| Minimum payout | $500 | $500 |
If you want larger payouts and max earnings potential before you are given a live account, then trade the bigger account sizes (100k and 150k accounts). Also, purchases are a one-time-payment and not a subscription.
Which plan is best?
Go with Flex if you want:
The best choice for most traders
No consistency rule once funded
No buffer for payouts
Easier net positive rule between payouts
Go with Pro if you want:
To pass the evaluation in 1 day
No scaling rule once funded (immediate access to maximum position sizing)
The Flex plan is one of the best plans in the industry — not just at Lucid. Unless you want no scaling rule or to pass the evaluation in 1 day, then go with Flex rather than Pro. Use code Iman on every purchase to always get the best possible discount
LucidDaily 50k account (with customization options)
| 50k Daily | 50k Daily with add-ons | |
|---|---|---|
| Price at 30% off | $135 | $96 |
| Highest discount code | IMAN | IMAN |
| Profit target | $3,000 | |
| Max drawdown | $2,000 | |
| Drawdown type | EOD | INTRADAY |
| Daily loss limit | NONE | $1,200 |
| Consistency rule (eval) | 50% | |
| Max position size | 4 minis / 40 micros | |
| FUNDED ACCOUNT | ||
| Drawdown mode | INTRADAY | |
| Profit split | 90% | |
| Payout rules | Request what you make beyond the buffer. Be net positive between payouts by at least $1. Daily payouts ✅ | |
| Daily loss limit | NONE | $1,200 |
| Buffer before payouts? | $52,100 | |
| Maximum daily profit | $8,000 | |
| Consistency rule | NONE | |
| Minimum payout | $500 | |
| Scaling rule | No, immediate access to max position sizing | |
| Max payouts and earnings potential before getting moved to a live account | NO payout cap. Making 8k or more in 1 day auto-transitions you to a live account. Lucid can move you live at their discretion. | |
| Minimum payout | $500 |
The point of this new plan is that it offers daily payouts.
Add-ons / customization: You can add a daily loss limit or/and switch the evaluation drawdown mode to intraday to lower the pricing. Other than these two options, all other rules remain the same (as demonstrated in the table).
VERY important note on this plan’s live transition policy
From their site: “When you are moved live in a LucidDaily funded account, we will be using your prior day closing balance as the amount you are moved live with. Any profits or losses made in the session you are moved live will not be counted. This ensures every trader is treated equally.”
My honest thoughts — read if you want daily payouts
As far as daily payout plans go, Lucid’s advantage over MyFundedFutures (Rapid is MFFU’s plan with daily payouts) is that you only need to be net positive by $1 between payouts (for MFFU it’s $500). Compared to MFFU, LucidDaily is more expensive. With Lucid, don’t make more than 8k in 1 day.
What is Lucid’s best plan?
For almost ALL traders, LucidFlex is the best choice.
Important policies and rules to understand
Microscalping: 50% of your profits must come from trades held for longer than 5 seconds
Max accounts: Up to 10 accounts total (any combination of evaluations and sim funded accounts, but you can’t have more than 5 sim funded accounts). You can have up to 5 live accounts.
Activity rule: Take at least 1 trade every 30 days to keep an account open. That can be as simple as opening and closing a micro contract.
Move to live policy quoted from their site: “All simulated prop accounts are closed when a trader is moved live. If a funded account is not moved live because it has 0 payouts, the evaluation cost of that account will be refunded. If you are not comfortable with evaluations being closed, do not keep evaluations in reserve.” If this is a deal breaker for you, then MyFundedFutures has the best move-to-live policy among prop firms. View the MFFU guide here.
Some objective analysis + my opinions of Lucid
Lucid is a newer firm, and so trading with them rather than an established name means accepting higher risk. Public figures in this space like me have absolutely 0 insight into the financial health or intentions of any firms. I would go with Lucid because I see positive reviews, fast payouts, and a very good evaluation to funding process. Plus, they’re partnered with NinjaTrader/Tradovate. That’s good enough for me, but you must decide for yourself. I’ve done 4 major overhauls of my website’s guide on them so far, because Lucid is frequently optimizing and making small adjustments. That’s a good sign. Join the prop firm Discord!
Their instant funding model “LucidDirect”
LucidDirect is Lucid’s Instant funding model, and the rules are pretty much exact copies of models that have been around for a while now. So, it seems to be safe in terms of sustainability.
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