Lucid Trading Review 2025: Complete Futures Prop Firm Guide

Lucid Trading is a proprietary trading firm specializing in funded futures accounts that launched in early 2025. Founded by CEO AJ, the firm has quickly established itself as one of the more trader-friendly options in the futures prop trading space. Lucid Trading offers evaluation accounts starting at $110 with no activation fees, daily payout options, and one of the best profit splits in the industry.

For traders seeking a straightforward path to funded futures trading, Lucid Trading provides two main routes: the LucidTest evaluation and LucidDirect instant funding. Both options support CME futures contracts and integrate with popular platforms including Rithmic, Tradovate, NinjaTrader, and Quantower.

Company Overview

Lucid Trading operates under the registered entity Lucid Prop Ltd. The company was designed to address gaps in traditional prop firm offerings, emphasizing fairness, transparency, and trader empowerment. Since launching in early 2025, Lucid Trading has distributed millions in payouts to traders worldwide.

The firm focuses exclusively on CME futures markets, supporting contracts including ES (S&P 500 E-mini), NQ (Nasdaq E-mini), YM (Dow), CL (Crude Oil), GC (Gold), and other CME-listed products. This specialization allows Lucid Trading to offer streamlined rules and competitive pricing compared to firms that spread resources across multiple asset classes.

Evaluation Programs

Lucid Trading offers two paths to funded trading: LucidTest (evaluation) and LucidDirect (instant funding).

LucidTest Evaluation

LucidTest is a single-phase evaluation where traders must hit a profit target while staying within drawdown limits. There are no multi-step challenges or complex progression systems. The evaluation requires a minimum of 5 trading days.

Account sizes and their corresponding requirements:

• $25,000 Account: $110 fee, $1,500 profit target, $1,500 trailing drawdown
• $50,000 Account: $135 fee, $3,000 profit target, $2,000 trailing drawdown
• $100,000 Account: $6,000 profit target, $3,000 trailing drawdown

Daily loss limits are set at 20% of the profit target. For the $25,000 account, this means a $300 daily loss limit. The $50,000 account has a $600 daily limit, and the $100,000 account has a $1,200 daily limit.

LucidDirect Instant Funding

LucidDirect allows traders to skip the evaluation entirely by paying a higher upfront fee. Traders receive immediate access to a funded account with full payout privileges from day one. There are no hidden activation fees with LucidDirect.

Profit Split and Payouts

Lucid Trading offers one of the most competitive profit split structures in the industry:

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

The firm offers daily payouts, which is uncommon in the prop trading industry where most firms allow weekly or biweekly withdrawals. The minimum withdrawal amount is $500, and funds typically arrive within 2 business days after approval.

Payout Requirements

For LucidPro accounts (passed evaluation), traders must complete 5 profitable trading days in a payout cycle. Each day must meet a minimum profit 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.

Consistency rules apply to payouts. For LucidPro accounts, no single day can account for more than 35% of total profits in a payout cycle. For LucidDirect, the limit is 20%.

Trading Rules

Lucid Trading maintains relatively simple rules compared to many competitors:

• All positions must be closed by 4:45 PM EST daily
• No restrictions on news trading
• No restrictions on scalping
• No specific holding time requirements
• Trailing drawdown is calculated end-of-day (EOD), not intraday

The EOD trailing drawdown means your maximum loss limit is recalculated based on your account's end-of-day equity rather than intraday highs. Once you reach your initial balance plus your profit target, the trailing drawdown converts to a static max loss that no longer moves.

Supported Platforms

Lucid Trading supports multiple trading platforms and data feeds:

• Rithmic: Low-latency execution and data feed
• Tradovate: Browser-based and desktop trading
• NinjaTrader: Advanced charting and automation
• Quantower: Multi-asset trading platform
• Project X: Web-based platform with TradingView integration

The firm also supports order-flow tools like Bookmap and Jigsaw Daytradr through Rithmic integration. Traders can use custom API access for algorithmic trading in Python, Java, or C++.

Automation with TradersPost

Lucid Trading accounts can be connected to TradersPost for automated trading. Traders can send alerts from TradingView or TrendSpider directly to their Lucid Trading accounts through the TradersPost platform.

This integration works because Lucid Trading supports Tradovate, which is one of the primary brokers that TradersPost connects with. Traders should verify that their specific automation approach complies with Lucid Trading's rules, as latency arbitrage and similar strategies are prohibited.

Comparison to Other Prop Firms

Lucid Trading competes with established firms like Topstep and Apex Trader Funding. Key differences include:

Profit Split: Lucid offers 100% on the first $10,000, then 90/10. Topstep offers up to 90/10 after $5,000. Apex offers 100% on the first $25,000, then 90/10.

Payout Frequency: Lucid offers daily payouts. Topstep offers biweekly payouts. Apex offers up to daily payouts with conditions.

Activation Fees: Lucid charges no activation fees. Topstep charges evaluation plus activation fees. Apex charges a $85 activation fee.

Evaluation Structure: Lucid uses a single-phase evaluation. Both Topstep and Apex use two-step evaluations.

Trading Restrictions: Lucid has few restrictions. Topstep has stricter rules around news trading. Apex has moderate timing and news rules.

Pros and Cons

Advantages

• Daily payouts available
• No activation fees
• 100% profit on first $10,000 in payouts
• Simple single-phase evaluation
• EOD trailing drawdown (less restrictive than intraday)
• Multiple platform options
• TradersPost automation compatible

Disadvantages

• Futures only (no stocks, forex, or options)
• Newer firm (launched 2025)
• CME contracts only
• Must close positions by 4:45 PM EST

Conclusion

Lucid Trading has emerged as a competitive option in the futures prop firm space. The combination of no activation fees, daily payouts, and a generous profit split makes it attractive for futures traders who want straightforward rules and quick access to their profits.

The single-phase evaluation and EOD trailing drawdown provide a more forgiving environment than some competitors. For traders who use automation through platforms like TradersPost, the Tradovate integration enables seamless strategy execution.

While the firm is newer than established names like Topstep, its rapid growth and payout reliability have earned it positive reviews in the trading community. Traders should verify current rules and pricing directly on the Lucid Trading website before signing up.