LucidDirect $150,000
Instant FundingLucidDirect at $150,000: a maximum loss limit of $5,000, a daily loss limit of $3,000. Position size is capped at 10 Mini or 100 Micro. Straight to funded, with no evaluation and no profit target. At least 5 trading days are needed before a payout and a trader may hold up to 5 accounts. Above the initial trailing level the daily loss limit becomes 60 percent of the peak end-of-day balance under the firm’s LucidScale rule. Drawdown is end-of-day, not intraday. The profit split is 90/10 in the trader’s favour and the firm states there are no payout windows.
Position Sizing
Maximum position size 10 Mini or 100 Micro. Lucid advertises 10:1 micro scaling.
Time & Holding Restrictions
Trading Style Permissions
News Trading
Automation & Copy Trading
Additional Restrictions
Largest single day profit / account profit must be <=20% to request a payout; resets after each payout; no longer applies once Live.
Consistency Rules
Source: https://support.lucidtrading.com/en/articles/12890178-luciddirect-consistency-percentage