Lucid Trading FAQ

Question 1

What evaluation models does Lucid Trading offer?

Accepted Answer

LucidFlex funded — $25K, $50K, $100K, $150K — split 90/10

Question 2

What daily loss limits apply at Lucid Trading?

Accepted Answer

LucidFlex funded: optional daily loss limit

Question 3

What maximum loss limits apply at Lucid Trading?

Accepted Answer

LucidFlex: $1,000 / $2,000 / $3,000 / $4,500 on $25K / $50K / $100K / $150K. Trails the highest closing balance; locks at initial balance plus $100. A payout also locks the floor.

Question 4

Does Lucid Trading have a consistency rule?

Accepted Answer

LucidFlex funded: no consistency percentage

Question 5

Does Lucid Trading allow automated trading / EAs?

Accepted Answer

Lucid permits automated systems and trade copiers subject to its trading rules; the trader bears responsibility for software failures.

Question 6

Can I automate Lucid Trading with TradingView via PickMyTrade?

Accepted Answer

The rule pages confirm automation permission but do not establish a PickMyTrade connection for a particular account. Confirm the issued account connection before using webhooks; these LucidFlex figures do not describe every Lucid plan.

Question 7

At Lucid Trading, is it hedging if I go short MES and long MNQ, or long NQ and short gold?

Accepted Answer

Not if both positions are in the same account. Lucid's hedging page says you can go long and short different contracts in the same account, and even long minis against short micros of the same contract in one account. What it bans is opposing positions across accounts: the same contract in separate accounts, or correlated assets in separate accounts, such as long ES in one account and short NQ in another. Lucid groups correlated assets as equities, metals, energies and so on. Hedging between different users' accounts or different firms is also prohibited.

Question 8

What happens if Lucid Trading flags my accounts for hedging, for example after a copier mistake?

Accepted Answer

When flagged, Lucid emails you and resets the associated accounts to the prior day's balance; after repeated offenses, all involved accounts are breached and you may be permanently restricted from Lucid's services. Lucid detects hedging with automated risk systems, and its hedging rule covers your own accounts, other users' accounts and accounts at other firms. Live accounts are stricter: Lucid says hedging live accounts is prohibited by both Lucid and the CME, including copier issues, and violations bring a permanent ban. Copier errors are your responsibility, so check that a copier cannot leave opposite positions open across accounts.

Question 9

Does Lucid Trading allow bots, algos and trade copiers?

Accepted Answer

Yes. Lucid's Other Trading Activities page says automated trading systems and trade copiers are permitted, as long as all automated activity follows Lucid's rules, and you are fully responsible for software errors, malfunctions or unintended outcomes. Two rules matter most for bots. High-frequency trading is prohibited: a first offense brings a written warning, and repeats remove HFT profits and close accounts. Microscalping is flagged when more than 50% of profits come from trades held 5 seconds or less. Copiers also need hedge checks, because opposite positions across accounts are banned.

Question 10

Can I trade CPI, FOMC or other red-folder news at Lucid Trading?

Accepted Answer

It depends on the plan. On LucidDaily, trading red folder news is a hard breach. On LucidFlex, LucidPro and LucidDirect you may enter or exit positions around scheduled or unscheduled news without it being a breach. Lucid warns that news can bring slippage and velocity logic triggers, and that traders assume full responsibility for all outcomes when trading during news. Lucid's page does not list which releases count as red folder, so confirm with support before holding a LucidDaily position into a release.

Question 11

When can I request a payout on a LucidFlex funded account, and how much?

Accepted Answer

After 5 profitable days in the payout cycle plus positive net profit for the cycle. The minimum daily profit is $100, $150, $200 or $250 for 25K, 50K, 100K and 150K accounts, and those days reset after every approved payout. Each request is at least $500 and at most 50% of profit, capped at $1,000, $2,000, $2,500 or $3,000 by size. There is no buffer and no fixed payout window, the split is 90/10, and after 5 payouts the account is moved live. Approved payouts are disbursed within 2 business days.

Question 12

Does Lucid Trading have a consistency rule?

Accepted Answer

It depends on the account. A LucidFlex evaluation needs a consistency percentage of 50% or less to upgrade, measured as largest single-day profit divided by account profit, with a small built-in cushion so you can pass in two days; LucidFlex funded accounts have no consistency rule. LucidPro funded accounts need 40% or less to request a payout, reset after each payout, or 35% for accounts bought or reset before 28 Nov 2025. Live accounts have no consistency requirement on any plan. Going over does not fail a Flex evaluation; you keep trading until your largest day is 50% or less.

Question 13

Is Lucid Trading's drawdown end-of-day or intraday, and does hitting the daily loss limit blow the account?

Accepted Answer

LucidFlex and LucidPro use an end-of-day drawdown: the Max Loss Limit rises with your highest closing balance and locks at the starting balance plus $100 once you pass the Initial Trail Balance, for example $50,100 on a 50K. If your balance reaches the MLL, the account is breached. Daily Loss Limits are soft breaches: hitting one stops trading until the next session but does not cost you the account unless the MLL is also hit. The DLL is optional on LucidFlex and fixed on a LucidPro evaluation, for example $1,200 on a 50K.

Question 14

When does Lucid Trading move me to a live account, and can I stay in sim?

Accepted Answer

Lucid's risk team decides. You enter the live review pool after your fifth and final payout on Flex, Pro or Direct, after a large lifetime payout total, after hitting the LucidDaily maximum daily profit, or for exceptional sim performance. Each funded account with at least one payout becomes a live account starting at $0, with daily payouts, end-of-day drawdown and no daily loss limit, and your other simulated accounts are closed. If you are not ready, Lucid offers a cashout equal to 50% of your live starting balance. After blowing a live account, the standard cooldown before buying a new evaluation is 2 weeks.

Question 15

How many accounts can I have at Lucid Trading?

Accepted Answer

Up to 10 in total per household or family, across evaluations and funded accounts, with no more than 5 funded. Lucid's account limits page gives the example that holding 5 evaluations leaves room for 5 funded accounts, and different funded types share the cap, so 3 LucidDirect accounts leave room for 2 LucidPro funded accounts. You can keep 5 evaluations in reserve while holding 5 funded accounts and still trade them. LucidLive is capped at 5 per household, and once anyone in a household trades live, others there may not trade simulated accounts.

Question 16

Can I trade full size from day one in a LucidFlex funded account?

Accepted Answer

No. The LucidFlex scaling plan ties your contract limit to simulated profit in the funded account and updates only at the end of each session. A 50K Flex funded account allows 2 minis or 20 micros below $1,000 profit, 3 minis from $1,000 and 4 minis from $2,000. Payouts lower your profit, so your tier can drop. The evaluation has no scaling plan, so there you get full size, 4 minis or 40 micros on a 50K. Intentionally getting around the limits can get your profit for the day wiped.

Lucid Trading FAQ & Complete Guide

Lucid Trading: key facts

Sources