PropFirmWay

LucidDirect $50,000

Instant Funding

LucidDirect at $50,000: a maximum loss limit of $2,000, a daily loss limit of $1,200. Position size is capped at 4 Mini or 40 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.

Account Size
$50,000
Evaluation Fee
$515

Position Sizing

Max Lot Size
No Limit
Max Open Positions
No Limit
Max Open Lots (Total)
No Limit

Maximum position size 4 Mini or 40 Micro. Lucid advertises 10:1 micro scaling.

Time & Holding Restrictions

Overnight HoldingAllowed
Weekend HoldingAllowed

Trading Style Permissions

Scalping
HFT
Hedging
Martingale
Grid Trading

News Trading

News Trading Allowed

Automation & Copy Trading

Expert Advisors (EAs)
Copy Trading
Trade Copier Between Own Accounts

Additional Restrictions

Stop Loss Required
No
Consistency Rule

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