General Information
To be approved for a payout your trading activity in each LucidDirect account must not violate any of our Trading Rules, Terms & Conditions, or LucidDirect Account Agreement. You cannot edit or cancel submitted payout requests.
Profit Split
Traders receive 100% of the first $10,000 in payouts they receive from Lucid Trading funded accounts. After that, a 90% profit split to the trader will be applied to all funded account payouts.
Payout Requirements
All the following criteria must be met to be eligible for the first payout. After your first and each subsequent payout, the criteria reset and must be met again to request another payout.
Minimum Days Traded
Traders must place at least one trade for a minimum of 10 Trading Days before being eligible for a payout. For a day to be counted, at least one trade must be placed between 6:00 PM EST and 4:45 PM EST the next day. The trading day count resets to zero after every payout.
Consistency Percentage
Your largest single day profit must less than or equal to the 20% Consistency Percentage. After each approved payout, the Consistency Percentage calculation is reset. Traders must meet 20% consistency on profits earned for each payout cycle. Please read our Consistency Percentage documentation in the Rules section.
Payout Profit Goal
Payout Profit Goal is the profit that needs to be earned to be eligible for a payout. The Profit Goal is a set dollar amount that must be achieved in your current payout cycle. After each approved payout request, your profit earned towards the goal is reset to $0.
Account Size | Profit Goal 1 | Profit Goal 2+ |
$50,000 | $3,000 | $2,500 |
$150,000 | $9,000 | $4,500 |
Payout Minimums and Maximums
Traders can request a payout up to the Max Payout Limit. Our Payout Limit increases after you are approved for your third payout. See the table below.
Account Size | Payouts 1-3 | Payouts 4-6 |
$50,000 | $2,000 | $2,500 |
$150,000 | $3,000 | $3,500 |
The payout minimum is $500 regardless of account size.
Payout Window
Lucid Trading does not have a payout window. Traders are permitted to request a payout any day of the week once they have met the necessary objectives. Funds will be deducted from your account the day your payout request has been approved. We will initiate the disbursement of funds to your account within 2 business days of approval.
Amount Moved Live
When a trader is moved live from a LucidDirect account, a portion of your simulated account profits will be used to calculate your LucidLive starting balance. The total amount moved live per account will be the lesser of the total simulated profits in your LucidDirect account or the following amount per account size.
Account Size | Maximum Moved Live Per Account |
$50,000 | $5,000 |
$150,000 | $15,000 |