vs
Lucid Trading vs Trade Day
A detailed breakdown of how these two firms compare across costs, drawdown rules, payout structure, and trading restrictions.
Lucid TradingAssumption-basedTrade DayAssumption-based
At a Glance
Lucid Trading
79/100Excellent- Starting Cost
- $140
- Min Days
- 2 days
- Max Drawdown
- 4%
- Best Split
- 90%
- Payout Freq
- On Demand
Trade Day
72/100Good- Starting Cost
- $62
- Min Days
- 5 days
- Max Drawdown
- 4%
- Best Split
- 80%
- Payout Freq
- On Demand
Public Economics
Lucid Trading
No comparable public economic unit
Trade Day
No comparable public economic unit
Why this comparison
UnavailableUnavailable
This public economics comparison uses ordinary public product/help/rule material and values derived from it. Required model inputs are unavailable from ordinary public material, so this output should not be used for ranking or scenario decisions.
Lucid Trading
No comparable public economic unit
UnavailableUnavailable
Side blockers
economic_product_graph_report
Trade Day
No comparable public economic unit
UnavailableUnavailable
Side blockers
economic_product_graph_report
Comparison reasons
One or both firms do not yet have a public economic product graph with comparable units.
Tradeoffs
None
Blocking public fields
economic_product_graph_report
Why
One or both firms do not yet have a public economic product graph with comparable units.
Tradeoffs
—
Blockers
economic_product_graph_report
Cost BreakdownTrade Day
Lucid Trading
- Eval Fee
- $140
- Activation
- $0
- Total
- $140
Trade Day
- Eval Fee
- $62
- Activation
- $0
- Total
- $62
Trade Day is $78 cheaper to get started. Lucid Trading charges $140 one-time. Trade Day charges $62/mo (monthly subscription). Trade Day currently has an active promotion which may further reduce cost.
Drawdown & RiskLucid Trading
Lucid Trading
- Type
- EOD Trailing
- Max Drawdown
- 4% ($2,000)
- Lock
- Locks at $50,100 after $2,100 profit
- Strictness
- Moderate
Trade Day
- Type
- Intraday Trailing
- Max Drawdown
- 4% ($2,000)
- Lock
- Locks at $50,000 after $2,000 profit
- Strictness
- Moderate
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. Lock behavior differs: Lucid Trading — locks at $50,100 after $2,100 profit, while Trade Day — locks at $50,000 after $2,000 profit.
Path to FundedLucid Trading
Lucid Trading
- Min Days
- 2
- Minimum days note
- 50% consistency → need 2+ profitable days
- To First Payout
- ~2 days
- First payout timeline
- 2d eval
Trade Day
- Min Days
- 5
- Minimum days note
- 5 min trading days required
- To First Payout
- ~5 days
- First payout timeline
- 5d eval
Lucid Trading gets you funded faster, with an estimated ~2 days to first payout (2d eval). 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.
Payout & Profit SplitLucid Trading
Lucid Trading
- Best Split
- 90%
- Frequency
- On Demand
Trade Day
- Best Split
- 80%
- Frequency
- On Demand
Lucid Trading offers up to 90% profit split(On Demand payouts), while Trade Day offers up to 80%(On Demand payouts). The 10 percentage point difference in profit split can add up significantly over time — on a $10,000 profit, that's $1,000 more in your pocket.
Trading RulesTie
Lucid Trading
- News Trading
- Unknown
- Overnight
- Unknown
- Automation
- Unknown
- Copy Trading
- Unknown
- Overall
- Moderate
Trade Day
- News Trading
- Unknown
- Overnight
- Unknown
- Automation
- Unknown
- Copy Trading
- Unknown
- Overall
- Moderate
Both firms have similar trading restrictions.
Best For
Lucid Trading
💰Budget Trader
Starting at $100 · One-time fee (no subscription)
Trade Day
💰Budget Trader
Starting at $62 · No activation fee
Both firms work well for budget traders. Explore all trading styles to see which firms match your approach.
Funded Account LifecycleTie
Based on $500/day profit, 20 trading days/month, 55% win rate
Lucid Trading
- Total Cost
- $140
- Break-Even
- Day 10
- Monthly Earnings
- $8,021
- First Payout
- Day 17 ($2,250)
- Live Transition
- Month 1
- Pass Rate
- 87%
Trade Day
- Total Cost
- $62
- Break-Even
- Day 10
- Monthly Earnings
- $7,867
- First Payout
- Day 23 ($2,000)
- Live Transition
- None
- Pass Rate
- 87%
At $500/day profit, Lucid Trading reaches break-even on day 10 while Trade Day reaches it on day 10. Trade Day costs $78 less to get started. Lucid Trading projects $154/mo more in funded earnings.
The Verdict
Lucid Trading
79/100ExcellentChoose Lucid Trading if you want:
- +More forgiving drawdown rules
- +Faster path to funded
- +Better profit split
- +More lenient consistency rules
Overall, Lucid Trading scores higher (79 vs 72) on our trader-friendliness index. Key advantages: more forgiving drawdown rules, faster path to funded, better profit split, more lenient consistency rules. That said, Trade Day wins on lower starting cost. See the full glossary to understand any unfamiliar terms, or explore trading styles to find the best firm for your approach.
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