Lucid Trading vs Trade Day

Lucid Trading is $86 cheaper to get started. Lucid Trading charges $140 one-time. Trade Day charges $87/mo (monthly subscription) plus a $139 activation fee. Trade Day currently has an active promotion which may further reduce cost.

Lucid Trading uses EOD Trailing drawdown at 4% ($100 buffer once locked at initial), while Trade Day uses Intraday Trailing at 4% ($2,000 buffer once locked at initial). Trade Day uses intraday trailing, the strictest type — your floor moves in real time with every tick of profit. Lucid Trading's EOD trailing only adjusts at market close, giving intraday profits a safer cushion.

Lucid Trading gets you funded faster, with an estimated ~9 days to first payout (2d eval + 5d winning + 2d processing). Consistency rules also affect pacing: Lucid Trading caps your best day at 50% of total profit, while Trade Day caps at 30% — a looser rule means you may need fewer trading days in practice.

Lucid Trading offers up to 90% profit split(On Demand payouts, $500 min), while Trade Day offers up to 95%(On Demand payouts, $250 min). The 5 percentage point difference in profit split can add up significantly over time — on a $10,000 profit, that's $500 more in your pocket.

When comparing withdrawal frequency, the gap between payouts matters. Lucid Trading requires 5 profitable trading days between each withdrawal — at 20 trading days per month, that works out to roughly 4 payouts per month. Trade Day has no minimum profitable days requirement between withdrawals.

Trade Day requires clearing a buffer zone before your first payout — you must earn above your starting balance plus the drawdown amount before any withdrawal is allowed. Lucid Trading has no buffer requirement, meaning payouts are available from day one.

Lucid Trading is more flexible overall. Automation: Lucid Trading allows bots and algo trading while Trade Day prohibits it — a critical difference for systematic traders.

Both firms work well for budget traders. Lucid Trading is a stronger fit for day traders and scalpers and conservative / grinders (news trading allowed). Explore all trading styles to see which firms match your approach.

Based on $500/day profit, 20 trading days/month, 55% win rate

At $500/day profit, Lucid Trading reaches break-even on day 10 while Trade Day reaches it on day 12. Lucid Trading costs $86 less to get started. Trade Day projects $404/mo more in funded earnings.