How to Get Funded with Lucid Trading: Rules and Payouts

Getting funded with Lucid Trading requires either passing their LucidTest evaluation or purchasing a LucidDirect instant funding account. The evaluation involves meeting a profit target while staying within drawdown limits over a minimum of 5 trading days. Once funded, traders can request daily payouts with no activation fees.

This guide covers the specific requirements for each account size, the rules you must follow, and how the payout process works after you achieve funded status.

Two Paths to Funding

Lucid Trading offers two ways to access a funded account:

LucidTest: Pay a lower fee and pass a single-phase evaluation. This is the most cost-effective option for traders confident in their strategy.

LucidDirect: Pay a higher upfront fee and receive immediate funding with no evaluation required. This option suits traders who want to skip the evaluation process entirely.

Both paths lead to the same destination: a funded account with daily payout privileges and no activation fees.

LucidTest Evaluation Requirements

The LucidTest evaluation is a single-phase challenge. There are no multiple steps or combine phases like some other prop firms require.

Account Sizes and Profit Targets

Lucid Trading offers three main account sizes with corresponding profit targets:

• $25,000 Account: $1,500 profit target
• $50,000 Account: $3,000 profit target
• $100,000 Account: $6,000 profit target

You must reach the profit target while following all trading rules. There is no time limit on the evaluation, so you can take as long as needed to reach your target.

Trailing Drawdown Rules

Lucid Trading uses an End of Day (EOD) trailing drawdown. This means your maximum loss limit is calculated based on your account's end-of-day balance, not intraday equity swings.

The trailing drawdown amounts by account size:

• $25,000 Account: $1,500 maximum EOD trailing drawdown
• $50,000 Account: $2,000 maximum EOD trailing drawdown
• $100,000 Account: $3,000 maximum EOD trailing drawdown

The drawdown trails your highest end-of-day balance. If your $25,000 account closes the day at $26,000, your new drawdown floor becomes $24,500 ($26,000 minus $1,500).

Once you reach your initial balance plus your profit target, the trailing drawdown converts to a static maximum loss. It stops moving and remains fixed at that level.

Daily Loss Limits

In addition to the trailing drawdown, Lucid Trading enforces daily loss limits set at 20% of your profit target:

• $25,000 Account: $300 daily loss limit
• $50,000 Account: $600 daily loss limit
• $100,000 Account: $1,200 daily loss limit

If you lose more than this amount in a single trading day, you fail the evaluation and must start over with a new account.

Minimum Trading Days

You must trade for at least 5 separate days during the evaluation. Each day must show trading activity without exceeding the loss limits. You cannot pass the evaluation by hitting the profit target in fewer than 5 days.

Consistency Rules

No single day can account for more than 40% of your total evaluation profits. This rule prevents traders from relying on one lucky day to pass the evaluation. You need to demonstrate consistent performance across multiple trading sessions.

Position Closure Requirement

All positions must be closed by 4:45 PM EST each day. You cannot hold positions overnight or through the daily settlement period. This rule applies to both the evaluation and funded accounts.

Evaluation Pricing

LucidTest account fees are competitive with other futures prop firms:

• $25,000 Account: $110
• $50,000 Account: $135

Lucid Trading frequently offers promotional discounts. Check their website for current pricing before purchasing.

There are no activation fees after passing the evaluation. Once you pass LucidTest, you automatically receive a LucidPro funded account at no additional cost.

What Happens After You Pass

After passing the LucidTest evaluation, your account is upgraded to LucidPro status. This is a funded account where you trade with the firm's capital and keep a share of the profits.

The funded account maintains the same drawdown rules as the evaluation. The key difference is that you can now withdraw profits according to the payout schedule.

Payout Structure

Lucid Trading offers one of the best profit splits in the prop trading industry:

• First $10,000 in total payouts: 100% to the trader
• After $10,000: 90% to the trader, 10% to Lucid Trading

This means you keep all profits until you have withdrawn $10,000 total. After that threshold, you keep 90 cents of every dollar you earn.

Payout Frequency

Lucid Trading offers daily payouts, which is uncommon in the prop firm industry. Most competitors only allow weekly or biweekly withdrawals.

For LucidPro accounts, you must complete 5 profitable trading days in a payout cycle before requesting a withdrawal. Each profitable day must meet a minimum threshold based on account size.

For LucidDirect accounts, the first payout requires 8 separate trading days. Subsequent payouts also require 8 trading days between requests.

Minimum Withdrawal

The minimum payout request is $500. Funds typically arrive within 2 business days after approval.

Payout Consistency Rule

Payouts have their own consistency requirements:

• LucidPro: No single day can exceed 35% of total profits in the payout cycle
• LucidDirect: No single day can exceed 20% of total profits when requesting a payout

Buffer Balance Rule

Your account balance must remain above the Initial Max Loss Limit plus $100 at the time of payout request. This buffer ensures you have room to continue trading after the withdrawal.

Tips for Passing the Evaluation

Manage Daily Risk

With daily loss limits of 20% of your profit target, you have limited room for error each day. Consider risking no more than 10-15% of your daily limit per trade to give yourself multiple attempts.

Use the EOD Drawdown to Your Advantage

The EOD trailing drawdown is more forgiving than intraday trailing drawdowns used by some competitors. You can experience intraday drawdowns without immediately breaching your limits, as long as you recover before the market closes.

Plan for 5 or More Days

Since you need at least 5 trading days, plan a realistic timeline. Rushing to hit the profit target quickly often leads to overleveraging and account breaches.

Stay Under 40% Per Day

The consistency rule means you cannot rely on one big winning day. Aim for steady gains across multiple sessions rather than swinging for home runs.

Close Positions Before 4:45 PM EST

Set reminders to flatten your positions before the daily cutoff. Holding positions past this time violates the rules and can result in account termination.

Automation and TradersPost

Lucid Trading accounts can be connected to TradersPost for automated trading. This allows you to execute TradingView or TrendSpider strategies directly in your Lucid Trading account.

The integration works through Tradovate, which Lucid Trading supports as an execution platform. Traders using automation should verify their strategy complies with Lucid Trading rules, particularly the prohibition on latency arbitrage.

Conclusion

Getting funded with Lucid Trading is straightforward compared to many prop firms. The single-phase evaluation, EOD trailing drawdown, and clear rules make it accessible for futures traders with a proven strategy.

The combination of no activation fees, daily payouts, and a 100% profit split on the first $10,000 makes Lucid Trading competitive in the prop firm market. Focus on consistent daily performance, respect the risk limits, and close positions before the daily cutoff to give yourself the best chance of passing.

Verify all rules and pricing directly on the Lucid Trading website before purchasing an evaluation, as terms may change.