Lucid Trading: Everything You need to Know (Pricing, Rules, Payouts)

Product Reviewed

Lucid Trading (futures prop firm) — with three account types: Direct, Pro, and Flex. The video focuses on pricing, rules, payouts, and what to avoid.

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Key Features Mentioned

• Multiple account types: Lucid Pro, Lucid Flex, Lucid Direct.
• One-time purchase (no monthly fee) for evaluation/funded accounts.
• Fast payouts (reported): average payout time cited as 15 minutes.
• Real-time dashboard updates during trading.
• Profit target / max loss / drawdown rules vary by account type.
• Upgrades:
  • For Pro evaluations, once the profit target is hit, it can show “upgrade to funded” within minutes.
  • The upgrade may allow trading on funded in the same session.
• Trade permissions:
  • News trading allowed on all Lucid accounts (no restrictions mentioned).
  • Scalping allowed if executions are realistic; guideline: >50% of profits must come from trades held 5 seconds or less.

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Pricing & Promo

• The video claims pricing is “very hard to beat” and promotes promo code PK.
• Example pricing mentioned:
  • Direct: $360 for a 50k account (video advises against)
  • Pro: usually $185, with 40% off via PK → about $129
  • Flex: usually $140, with 40% off via PK → about $98
• PK is claimed to match or exceed other promos automatically at checkout.

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Account-by-Account Breakdown (Unique Points)

1) Lucid Direct — Strongly Discouraged

• Described as very expensive.
• Has a tight consistency rule and a daily loss limit.
• The video explicitly advises: do not use Directs.
• Rationale provided: the author would rather buy multiple regular evaluations than one Direct.

Overall take: Worst fit due to strictness and cost.

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2) Lucid Pro — Best for Passing Quickly & Getting Paid ASAP

Evaluation (Pro) Rules

• Profit target: $3,000
• Max loss: $2,000
• Daily loss limit: $1,200
• Drawdown type: end-of-day
• Max position size: 4 minis / 40 micros
• No activation fee
• Time pressure: no required pass window mentioned
• Can potentially pass in a single trading day
• Instant upgrade after hitting target:
  • Upgrade may appear after a few minutes
  • Trading on funded can start in the same session

Funded (Pro) Rules & Payouts

• Payout profit target: $500
• Must reach at least $500 to request payout, then wait 3 trading days
• Max loss: $2,000
• Daily loss limit: $1,200
• Consistency rule: 40%
• Max position size: 4 minis / 40 micros
• No scaling plan (author implies you can use max sizing immediately upon funded)

Buffer Requirement (Important Downside)

• For a 50k Pro, you must maintain at least $52.1k balance to take payouts.
• Payout cannot be taken from the buffer balance.

Pro Payout Mechanics

• Profit split: 90/10 (author: 90% to trader, 10% to firm)
• Minimum profit goal per payout cycle: at least $500 before requesting another payout
• Max payout per 50k account:
  • First max payout: up to $2,000
  • Subsequent payouts: up to $2,500
• Can have up to five funded at once:
  • Claimed rate: $2,500 x 5 = $12.5k every ~3 trading days

Overall take: Fastest path to payouts, but stricter due to:

• daily loss limit
• consistency rule
• buffer requirement

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3) Lucid Flex — Author’s Personal Favorite (Less Restrictive During Funded)

Evaluation (Flex) Rules

• Profit target: “standard $3,000”
• Max loss: “standard $2,000”
• Drawdown type: end-of-day
• No daily loss limit on evaluation
• Consistency rule: 50%
• Position sizing: 4 minis / 40 micros
• No activation fee
• Author notes Flex fits their style and tolerates bigger day-to-day swings.

Funded (Flex) Rules

• Max loss: $2,000
• No daily loss limit
• No consistency rule in funded (major selling point in the video)
• Scaling plan:
  • $0–~$1,000 profit: 2 minis / 20 micros
  • Then: 3 minis / 30 micros
  • Then: 4 minis / 40 micros once hitting $2,000 profit
• Payout eligibility:
  • Need 5 trading days with at least $150+ profit per day
  • Minimum payout request: $500
  • Maximum payout: up to 50% of account balance, capped (video implies) around $2,000 per 50k in the described scenario
  • Example scenario given:
    • Five 50k Flex accounts → $2,000 x 5 = up to $10,000 every five trading days (claimed)

Extra Mentioned

• For Flex accounts, author says there is no buffer requirement.

Overall take: Best for traders who dislike funded constraints (no DLL/no consistency), but tradeoffs include:

• scaling restrictions
• 5-day / $150-per-day payout schedule

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Common Rules Mentioned Across Accounts

• News trading rule: allowed for all Lucid accounts; no calendar restrictions mentioned.
• Scalping/micro-scalping rule: permitted if execution is realistic; guideline: >50% of profits must come from trades held ≤5 seconds.

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Pros & Cons (As Stated / Implied)

Pros

• Reputation indicators (claimed):
  • paid out $60M+
  • 50,000+ users
  • avg payout time: 15 minutes
• Simple rules and “no fluff.”
• One-time payment, no monthly fee.
• Pro: can upgrade quickly and possibly start funded immediately in the same session.
• Flex: avoids daily loss limit and consistency rule in funded; no buffer requirement (per author).
• News trading allowed.
• Scalping allowed with the stated profit-sourcing guideline.

Cons / Things to Avoid

• Direct accounts: costly with tight consistency + daily loss limits; explicitly “do not use.”
• Pro: includes daily loss + 40% consistency + buffer requirement (~$52.1k for 50k accounts) for payouts.
• Flex: includes a scaling plan and requires 5 days meeting $150/day for payouts.

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Comparisons Made

• Direct vs Pro/Flex: Direct is positioned as the worst option due to stricter rules and higher cost.
• Pro vs Flex (main decision):
  • Pro: faster/optimized for passing and payout speed, but stricter (DLL, consistency, buffer)
  • Flex: more tolerant for the author’s style (no DLL/no consistency in funded), but payout timing is less immediate and scaling applies

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Verdict / Recommendation (Based on the Video)

• Avoid: Lucid Direct.
• Choose Lucid Pro if you want the fastest route to payouts and can handle:
  • daily loss + consistency
  • buffer requirement
• Choose Lucid Flex if you want more freedom in funded trading:
  • no daily loss limit
  • no consistency rule
  • and you can work with the 5-day $150/day payout requirement plus the scaling plan

Overall: The video recommends Flex as the best personal fit for many traders, with Pro as the best “speed” option—while Direct is discouraged.