Lucid Trader Funding Review

Detailed review based on our personal trading experience

#7 in Our RankingsEst. 2023๐Ÿ‡ฌ๐Ÿ‡ง UKโ˜… 4.5 Trustpilot (500 reviews)

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.

$150/mo
50K Eval Fee
$100
Activation Fee
$2,500
Max Drawdown
80/20
Profit Split

Plans & Sizes

PlanAccount SizeFeeProfit TargetMax 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

Dashboard RatingAverage

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.

โœ… Dashboard Strengths

  • โœ“Simple and easy to understand
  • โœ“Drawdown buffer clearly visible

โš ๏ธ Dashboard Weaknesses

  • โœ—Limited analytics features
  • โœ—No trade journal or calendar
  • โœ—Dashboard is still maturing as the company grows

Platforms Supported

๐Ÿ–ฅ๏ธNinjaTrader
๐Ÿ–ฅ๏ธTradovate

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.

$2,500
Maximum Drawdown on 50K Account

Profit Split

Lucid Trader Funding offers a 80/20 profit split.

80%
You Keep
20%
Firm Keeps

Path to Live (Funded) Account

10

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

News Trading Allowedโœ… Yes
Trading Bots AllowedโŒ No
VPN AllowedโŒ No
Micro-Scalping Allowedโœ… Yes
Max Accounts10
Consistency Rule35% max single-day
Scalping Hold Time30 seconds

๐ŸŽ“ Education & Community Resources

Lucid Trader Funding offers the following educational and community resources to support traders:

โ–ถ๏ธ

YouTube Channel

Check Lucid Trader Funding's official YouTube for platform walkthroughs, rule explanations, and trader tips.

๐Ÿ’ฌ

Community Support

Most prop firms maintain a Discord or Slack community. Check Lucid Trader Funding's website for links to their active trader community.

๐Ÿ“š

Knowledge Base / FAQ

Detailed FAQs and rule documentation are available on Lucid Trader Funding's official website. Always read these before purchasing.

๐Ÿ› ๏ธ

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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