Lucid Trading vs Phoenix Trader Funding: which prop firm is better?
Lucid Trading
Wins on 4 of 18 points
Phoenix Trader Funding
Wins on 1 of 18 points
Choose Lucid Trading if you care most about…
- a higher overall rating
- more platform choices
- larger account sizes
- running bots or EAs
Choose Phoenix Trader Funding if you care most about…
- a cheaper entry price
Overview
Our rating
4.1
3.7
Trustpilot
4.5 (8,061 reviews)
4.5 (260 reviews)
Founded
—
—
Platforms
NinjaTrader, Tradovate, TradingView, Quantower, Tradesea, MotiveWave, Sierra Chart, Jigsaw, Bookmap, ATAS, R|Trader Pro, MultiCharts
Own platform, Quantower, NinjaTrader, Tradovate, TradingView, Sierra Chart, Rithmic
Cost & challenge
Cheapest plan
$65 · $25K LucidFlex
$44 · $10K Spark
Account sizes
$25K – $150K
$10K – $100K
Evaluation types
Instant, 1-step
1-step
Drawdown
Trailing (end of day)
Trailing (end of day)
Payouts
Max profit split
90%
90%
Payout frequency
On demand
Daily
First payout after
—
5 days
Typical processing
—
—
Payout methods
Bank transfer, PayPal, Crypto
Wise, PayPal, Payoneer
Trading rules
News trading
Allowed
Allowed
Weekend holding
Not allowed
Not allowed
EAs / bots
Allowed
Not allowed
Copy trading
Allowed
Allowed
Consistency rule
Pro funded: no day above 40% of cycle profit. Direct: 20%. Flex evaluation 40% (50% with add-on). Daily evaluation 50%.
Classic and Daily: best day at most 50% of profit in the challenge, none once funded. Spark: none in the challenge, 30% once funded.