Overview
Lucid Trader Funding is a newer entrant to the prop firm space that has gained a following through competitive pricing and a generous trailing drawdown. With an EOD trailing drawdown and no daily loss limit, they provide good room for swing-style and patient traders. Their straightforward rules and growing community support make them a viable option for retirees who prefer fewer restrictions.
Plans & Sizes
| Plan | Account Size | Fee | Profit Target | Max Drawdown |
|---|---|---|---|---|
| Lucid 25K | $25,000 | $125/mo | $1,500 | $1,500 |
| Lucid 50K | $50,000 | $150/mo | $3,000 | $2,500 |
| Lucid 100K | $100,000 | $200/mo | $6,000 | $3,500 |
Dashboard & User Experience
Lucid Trader provides a straightforward dashboard that covers the basics. You can see your account balance, drawdown buffer, and payout status. Being a newer firm, their dashboard is still evolving and does not yet include advanced analytics or visual performance charts.
โ Dashboard Strengths
- โSimple and easy to understand
- โDrawdown buffer clearly visible
โ ๏ธ Dashboard Weaknesses
- โLimited analytics features
- โNo trade journal or calendar
- โDashboard is still maturing as the company grows
Platforms Supported
Drawdown Policies
Drawdown Type
Trailing EOD
The drawdown limit updates at the end of each trading day based on your highest closing balance. This gives you room during the day.
Daily Loss Limit
No daily loss limit โ only the max trailing drawdown applies.
Profit Split
Lucid Trader Funding offers a 80/20 profit split.
Path to Live (Funded) Account
You must trade for a minimum of 10 trading days and hit the profit target without violating any drawdown rules to become funded.
Rules & Restrictions
๐ Education & Community Resources
Lucid Trader Funding offers the following educational and community resources to support traders:
YouTube Channel
Check Lucid Trader Funding's official YouTube for platform walkthroughs, rule explanations, and trader tips.
Community Support
Most prop firms maintain a Discord or Slack community. Check Lucid Trader Funding's website for links to their active trader community.
Knowledge Base / FAQ
Detailed FAQs and rule documentation are available on Lucid Trader Funding's official website. Always read these before purchasing.
Platform Tutorials
All supported platforms (NinjaTrader, Tradovate, TradingView) have extensive free learning resources on their own websites and YouTube channels.
Ready to try Lucid Trader Funding?
Start with their $150/mo evaluation for a $50,000 account. Always remember to read their full terms before purchasing.
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